Betting

DraftKings Slides on Forecast, Debuts Gaming Tax Surcharge
DraftKings Slides on Forecast, Debuts Gaming Tax Surcharge
August 02, 2024  |  Earnings

The sports gaming industry is at a crossroads, with technological innovation, regulatory changes, and consumer habits all combining to drive rapid evolution. And all three...

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UK Relaxes ‘Land-Based Gambling’ Rules as Online Betting Grows
UK Relaxes ‘Land-Based Gambling’ Rules as Online Betting Grows
May 16, 2024  |  Regulation

The British government is loosening its rules for brick-and-mortar betting businesses as online gambling grows. The U.K.’s Department for Culture, Media and Sport issued a report Thursday (May...

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DraftKings Looks to Hit Jackpot With Lottery Acquisition, Digital Innovation
DraftKings Looks to Hit Jackpot With Lottery Acquisition, Digital Innovation
February 16, 2024  |  Earnings

For many sports betting companies, the Super Bowl is, well, their Super Bowl. But daily fantasy sports contest and sports betting company DraftKings is more...

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Nearly 1 in 5 Players Would Delete a Betting App if Preferred Payment Type Were Lacking
Nearly 1 in 5 Players Would Delete a Betting App if Preferred Payment Type Were...
January 18, 2024  |  Faster Payments

The online gambling industry has witnessed remarkable growth in recent years, fueled in part by the pandemic-induced closure of physical casinos. As a result, more...

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Las Vegas Casinos Rake in $8.3 Billion and Lean Into High Rollers
Las Vegas Casinos Rake in $8.3 Billion and Lean Into High Rollers
May 29, 2023  |  Business

Las Vegas casinos are focusing on upscale gamblers — and making a record amount of revenue. The amount of gambling revenue brought in by casinos...

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Yahoo Bets on Wagr to Boost Its Gaming Offerings
Yahoo Bets on Wagr to Boost Its Gaming Offerings
April 25, 2023  |  Acquisitions

Yahoo has acquired peer-to-peer sports betting app Wagr to expand its sports fantasy platform. The deal, announced Tuesday (April 25), makes Nashville-based Wagr — the...

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Record 20% of Americans Expected to Bet on Super Bowl
Record 20% of Americans Expected to Bet on Super Bowl
February 07, 2023  |  Faster Payments

Legalized sports betting means wagers on this year’s big game could be bigger than ever. “With the expansion of legal sports betting, traditional Super Bowl...

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Online Betting Remains Bellwether Proving Ground for Real-Time Payments
Online Betting Remains Bellwether Proving Ground for Real-Time Payments
December 01, 2022  |  Faster Payments

Instant payments are increasingly what move the needle for sports bettors. The global sports betting industry is widely projected to deliver outsized growth in the...

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DraftKings Offers $20B for UK Sports Betting Platform Entain
DraftKings Offers $20B for UK Sports Betting Platform Entain
September 21, 2021  |  Partnerships / Acquisitions

Digital sports gaming company DraftKings will make a $20 billion offer made up of mostly DraftKings stock and cash for U.K. online sports betting company...

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