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Tag: US sports betting

Rush Street Interactive Mexico Move Expands Addressable Market, Says Analyst

On Monday, Rush Street Interactive (NYSE:RSI) said it’s entering Mexico’s gaming market through an agreement with media conglomerate Grupo Multimedios. A sell-side analyst believes the move could be a boon for the operator. In a note to clients, Roth Capital’s Edward Engel notes that with investors focusing so intently on the US sports betting market, […]

The post Rush Street Interactive Mexico Move Expands Addressable Market, Says Analyst appeared first on Casino.org.

Opinion: ‘Unsustainable Arms Race’ of US Sportsbook Marketing Is Approaching Breaking Point

The US sportsbook marketing arms race is coming at great cost to operators, which have seen their earnings drop along with share prices.

The post Opinion: ‘Unsustainable Arms Race’ of US Sportsbook Marketing Is Approaching Breaking Point appeared first on Latest Online Gambling News.

Esports Entertainment Makes US History With New Jersey Betting Site Launch

In a US first, the New Jersey Division of Gaming Enforcement has given Esports Entertainment Group the thumbs up to launch esports betting in the state.

The post Esports Entertainment Makes US History With New Jersey Betting Site Launch appeared first on Latest Online Gambling News.

Online Sports Betting Is Next for Streaming and Gaming Giants

Live streaming is an awesome discovery as it lets you catch the action in real-time.

The post Online Sports Betting Is Next for Streaming and Gaming Giants appeared first on TheXboxHub.

Wynn Reportedly Shopping Wynn Interactive Unit at Fire Sale Price of $500 Million

Wynn Resorts (NASDAQ:WYNN) is reportedly looking to offload its Wynn Interactive unit at steeply discounted price of $500 million. The rumor, which was originally reported by The New York Post earlier today, emerges nine months after Wynn reached an agreement with special purpose acquisition company (SPAC) Austerlitz Acquisition Corp. I (NYSE:AUS) to bring the iGaming […]

The post Wynn Reportedly Shopping Wynn Interactive Unit at Fire Sale Price of $500 Million appeared first on Casino.org.

DraftKings Creates New Responsible Gambling Initiative to Support Local Programs

Legal US sports betting continues to expand as more states join the market. DraftKings wants to help them with their responsible gambling solutions through new funding. One of the biggest obstacles states – and other jurisdictions – have to overcome when discussing legalized sports betting is responsible gambling. But DraftKings is launching a new program […]

The post DraftKings Creates New Responsible Gambling Initiative to Support Local Programs appeared first on Casino.org.

US Sports Betting Market Doubled in 2021, Casinos Finally Reach Younger People

The number of sports bettors in the United States wagering on a game at least once a week more than doubled over the past 12 months. Morning Consult, a data intelligence agency that conducts research on a variety of sectors, including the US gaming industry, released its sports betting participation study this week. The firm […]

The post US Sports Betting Market Doubled in 2021, Casinos Finally Reach Younger People appeared first on Casino.org.

Arizona Cardinals to Become First NFL Team With Stadium Sportsbook Next Season

Fans visiting the Arizona Cardinals’ State Farm Stadium will be able to take advantage of a new BetMGM retail sportsbook when the 2022 NFL season begins.

The post Arizona Cardinals to Become First NFL Team With Stadium Sportsbook Next Season appeared first on Latest Online Gambling News.

NeoGames Offering $480 Million in Cash, Stock to Acquire Aspire Global

NeoGames (NASDAQ:NGMS), a provider of internet lottery services and technology, announced it’s offering $480 million in cash and equity to acquire Aspire Global. The suitor is offering to purchase Aspire for 111 Swedish krona — $12.29 in cash, based on current exchange rates — and 7.6 million shares in NeoGames stock, which will convert to […]

The post NeoGames Offering $480 Million in Cash, Stock to Acquire Aspire Global appeared first on Casino.org.

VSO Analysis: New Jersey Dominated US Sports Betting in 2021, but How Long Will It Last?

In the US, New Jersey has claimed the top spot for sports betting handle, but a new mobile market in neighboring New York could create some challenges.

The post VSO Analysis: New Jersey Dominated US Sports Betting in 2021, but How Long Will It Last? appeared first on Latest Online Gambling News.

Battle of the US Newcomers: The Top Three States for Debut Month Sports Betting Handle

In honor of Arizona setting a new record for debut month sports betting handle last week, VSO News has taken a look at the top three states in this category.

The post Battle of the US Newcomers: The Top Three States for Debut Month Sports Betting Handle appeared first on Latest Online Gambling News.

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