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 — FanDuel is owned by Irish company Flutter and BetMGM is jointly owned by British company Entain and MGM Resorts International — are leading...
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 and its new, and regulated, online gambling market, Bloomberg News reported Wednesday (April 3). The report noted that Brazil —...
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 aimed at promoting best practices in the gambling sphere. The group includes BetMGM, bet365, DraftKings, Fanatics Betting and Gaming, FanDuel, Hard Rock Digital and PENN Entertainment, which make...
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 focused on winning the lottery, announcing Thursday (Feb. 15) that it has reached an agreement to acquire Jackpocket, a leading...
February 13, 2024
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), a milestone achievement coming on the heels of a cyberattack which has left the hotel and gaming company facing a $100 million loss. On Sept. 12, PYMNTS wrote that MGM Resorts’ websites […]
January 17, 2024
Online gambling has skyrocketed in popularity in the past several years, largely due to the pandemic shutting down physical casinos. The move sent gamers online, which many found more fun...
September 13, 2023
In light of today’s challenging macro environment, Americans’ savings accounts may need some saving themselves. Inflation is top of mind for increasingly embattled consumers, with PYMNTS Intelligence finding that nearly three...
February 07, 2023
The Super Bowl is synonymous with a surge in online sports betting. Last year, Americans wagered around $7.6 billion overall on the event, according to the American Gaming Association, with tens...
July 11, 2024
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 will be the first Olympiad since the widespread legalization of gambling in the U.S. The industry anticipates an uptick in betting compared to the last Summer Games in Tokyo, especially for sports […]
July 03, 2024
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 — FanDuel is owned by...
April 03, 2024
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 and its new, and regulated,...
March 27, 2024
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 aimed at promoting best practices...
