PYMNTS-MonitorEdge-May-2024

Sports betting

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

Source: en.wikipedia.org

DraftKings Bringing Online Sportsbook to Washington DC
DraftKings Bringing Online Sportsbook to Washington DC
July 23, 2024  |  Connected Economy

DraftKings says it plans to launch its online sportsbook in Washington, D.C. Assuming it gets the license and regulatory approval it needs, DraftKings would make the nation’s...

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Will Olympics Bring About an Online Betting Bump?
Will Olympics Bring About an Online Betting Bump?
July 11, 2024  |  International

Sportsbooks and daily fantasy operators are reportedly awaiting a bump in Summer Olympics-related betting. As CNBC noted in a report Thursday (July 11), this year’s Paris games...

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Online Gambling Firms’ Safeguards Differ in US and UK
Online Gambling Firms’ Safeguards Differ in US and UK
July 03, 2024  |  Regulation

Online gambling firms FanDuel and BetMGM are reportedly not offering in the United States some of the safeguards they have implemented in the United Kingdom. The two companies...

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DraftKings and MGM Find New Gaming Frontier in Brazil
DraftKings and MGM Find New Gaming Frontier in Brazil
April 03, 2024  |  International

Some of the sports betting world’s biggest players have reportedly turned their sights on Brazil. Companies such as DraftKings and MGM Resorts International are exploring entry into Latin America’s largest economy...

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Sportsbook Giants Launch Association to Promote Responsible Gambling
Sportsbook Giants Launch Association to Promote Responsible Gambling
March 27, 2024  |  Digital Payments

Seven of America’s largest sportsbook companies launched a trade group to combat problem gambling. The Responsible Online Gaming Association (ROGA), announced in a news release Wednesday (March 27), is...

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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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MGM Resorts Expands BetMGM Gaming Brand to 29 Markets, Boosts Digital Wallet
MGM Resorts Expands BetMGM Gaming Brand to 29 Markets, Boosts Digital Wallet
February 13, 2024  |  Earnings

MGM Resorts International, Las Vegas’ largest casino operator, reported record full-year and Q4 net revenue for its operations in the city on Tuesday (Feb. 13),...

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BetMGM to Integrate Sports Betting Content Into X
BetMGM to Integrate Sports Betting Content Into X
February 09, 2024  |  Partnerships

Sports betting and iGaming operator BetMGM has become the exclusive Live Odds Sport Betting partner of social media platform X, formerly Twitter. With this partnership, BetMGM’s odds and...

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FanDuel Owner Takes on DraftKings on NYSE
FanDuel Owner Takes on DraftKings on NYSE
January 29, 2024  |  Stock Index

FanDuel parent company Flutter is now trading on the New York Stock Exchange. The Ireland-based company announced in a Monday (Jan. 29) press release that...

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