Gaming

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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Roblox Gamers Spend $773 Million on Virtual Currency Robux in Q1
Roblox Gamers Spend $773 Million on Virtual Currency Robux in Q1
May 10, 2023  |  Earnings

Showing the potential upside of metaverse-like experiences, gaming platform Roblox reported strong growth in daily engagement and sales of its Robux in-game currency in the...

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Rewards Partnerships Draw First-Time Customers to Restaurants
Rewards Partnerships Draw First-Time Customers to Restaurants
May 05, 2023  |  Connected Economy

As restaurants look to step up their acquisition and retention initiatives, going beyond strategies that have become the industry standard, cross-brand rewards enable them to...

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DraftKings Blows Past Q1 Revenue Record as More States Legalize Online Wagering
DraftKings Blows Past Q1 Revenue Record as More States Legalize Online Wagering
May 05, 2023  |  Earnings

Virtual sports betting is looking like a sure thing as DraftKings delivered a strong start to the year with more states legalizing online sportsbook (OSB)...

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UK Takes Aim at Problem Gambling With Proposed Regulation Updates
UK Takes Aim at Problem Gambling With Proposed Regulation Updates
April 27, 2023  |  Security & Fraud

The last time the U.K. issued gambling regulations, the iPhone hadn’t been invented. Since then, advances in technology and an increase in betting among the...

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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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Streaming Gaming Seeks Its Level as Netflix and Amazon Move Cautiously
Streaming Gaming Seeks Its Level as Netflix and Amazon Move Cautiously
April 21, 2023  |  Streaming

Streaming gaming is heating up as Netflix and other streaming platforms look to add value and engage this lucrative audience, even as the sector reorganizes...

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Sportsbooks Swelling to $200 Billion by 2025 Represent a New Game for Fraudsters
Sportsbooks Swelling to $200 Billion by 2025 Represent a New Game for Fraudsters
March 30, 2023  |  Security & Fraud

With online sportsbooks coming off a record Super Bowl in February and more states legalizing the practice at what seems like a monthly cadence, concerns...

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Morgan Stanley: Microsoft App Store Could Bite Into Apple
Morgan Stanley: Microsoft App Store Could Bite Into Apple
March 21, 2023  |  Apple

A Microsoft app store could potentially pose a major threat to Apple, Morgan Stanley says. Analysts for the investment firm said in a note to...

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