Sports betting

Sports betting is the activity of predicting sports results and placing a wager on the outcome.

Source: en.wikipedia.org

DraftKings Eyes Expansion Into New Markets
DraftKings Eyes Expansion Into New Markets
November 08, 2024  |  Earnings

Customer acquisition and its associated costs remain a double-edged sword for officials at DraftKings, according to co-founder and CEO Jason Robins. Third-quarter results released Thursday...

READ MORE >
Aethir Launches $100 Million AI Fund as Sony Seeks AI Game Patent
Aethir Launches $100 Million AI Fund as Sony Seeks AI Game Patent
October 15, 2024  |  artificial intelligence

Artificial intelligence (AI) is opening up fresh possibilities across the gaming and sports betting sectors. Recent developments showcase this trend, with Aethir launching a $100...

READ MORE >
Brazilian Banks: Consumer Spending Cuts Could Be Due to Rise in Online Sports Betting
Brazilian Banks: Consumer Spending Cuts Could Be Due to Rise in Online Sports Betting
September 20, 2024  |  Consumer Insights

Online sports betting reportedly may be contributing to consumer spending growing slower than expected in Brazil. Some banks and think tanks are making that connection...

READ MORE >
Brazil to Bar Use of Credit Cards in Online Gambling
Brazil to Bar Use of Credit Cards in Online Gambling
September 17, 2024  |  Regulation

Online gambling companies reportedly will be prevented from operating in Brazil if they haven’t requested authorization to do so. The potential suspensions announced by Brazil’s...

READ MORE >
Federal Bill Targets AI and Credit Cards in ‘Addictive’ Sports Betting
Federal Bill Targets AI and Credit Cards in ‘Addictive’ Sports Betting
September 13, 2024  |  Regulation

A newly proposed bill would require states that allow sports betting to meet minimum federal standards covering advertising, affordability and artificial intelligence. The SAFE Bet Act...

READ MORE >
US Sports Gambling Industry Totals $220 Billion Since 2018
US Sports Gambling Industry Totals $220 Billion Since 2018
September 06, 2024  |  Earnings

As the NFL season gets underway, sports betting has reportedly become big business in the United States. Since a Supreme Court ruling overturned a law...

READ MORE >
BetMGM Lets Nevadans Connect via Digital Nationwide Wallet
BetMGM Lets Nevadans Connect via Digital Nationwide Wallet
August 22, 2024  |  Mobile Wallets

BetMGM says it is the first betting app offering Nevada bettors nationwide connectivity via digital wallet. “Through its operation and partnership with MGM Resorts International and...

READ MORE >
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...

READ MORE >
DraftKings Shutters NFT Marketplace Amid Legal Headaches
DraftKings Shutters NFT Marketplace Amid Legal Headaches
July 30, 2024  |  Cryptocurrency

Online betting service DraftKings said is closing down its three-year-old non-fungible token (NFT) marketplace. The company announced Tuesday (July 30)  it was shuttering the marketplace,...

READ MORE >