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Sports
November 8, 2024
PENN Entertainment Remains Bullish on ESPN BET Despite Mixed Q3 Performance
PENN Entertainment announced its third-quarter results, showcasing stellar performance in retail revenues and ongoing challenges in the digital space. Q3 retail revenue reached $1.4 billion with an adjusted EBITDA of $472 million, surpassing earlier projections. However, the Interactive segment recorded a $91 million EBITDA loss on $141 million in adjusted revenue as PENN continues to […]
Sports
November 8, 2024
Swedish Operators Call for Urgent Gambling Reforms
Sweden’s Gambling Industry Association (Sper) has called on Sweden’s government to ramp up efforts to overhaul gambling regulations following troubling new data indicating a decline in licensed market participation. ATG, one of Sweden’s major licensed gambling operators, estimates that market channelization may have fallen as low as 71% despite the government’s stated goal of 90%. […]
Sports
November 8, 2024
WWE to Pass Up on Turning Fights into Betting Markets
WWE may not be going to turn its fights – scripted events all the same – into betting markets to be offered by regulated sportsbooks. Shapiro Says No to WWE Betting in Regulated Markets Speaking to CNBC’s Alex Sherman, TKO COO Mark Shapiro said that these plans have now been put on the back burner, […]
Sports
November 8, 2024
Streamer’s Chummy Bet on Trump Pays Off $660,000
Adin Ross, the popular Kick streamer who shifted to the platform after a rift with Twitch, a competitor streaming platform, has made news again by winning $660,000 by betting on Donald Trump to become the 47th President of the United States. Adin Ross Secures Huge Payday from Trump Bet Declaring a sweeping victory on Tuesday, […]
Sports
November 8, 2024
Miami Dolphins vs. Los Angeles Rams Week 10 Odds, Time, and Prediction
It’s high time for the Miami Dolphins to start winning again. They’re 2-6 in the 2024 NFL season, coming to West Coast after three losses in a row. They’re locking horns with the Los Angeles Rams at SoFi Stadium on Monday night, a team that won its last three games. Can they beat the Rams […]
Sports
November 8, 2024
Jon Jones vs. Stipe Miocic UFC 309 Odds, Time, and Prediction
Jon Jones vs. Stipe Miocic has the potential to be one of the greatest fights in UFC Heavyweight history. “Bones” is considered the GOAT of mixed martial arts by many fans and industry experts, including the company CEO Dana White. He’s got a very good chance to further cement that status with a win over […]
Sports
November 7, 2024
Gambling Tax Plans Lead to Cancellations of Horse Races in France
Late last month, politicians in France decided against the legalization of online gambling amid economic concerns. While iGaming is off the table, at least for now, the horse racing sector was alarmed by an amendment in the proposed 2025 budget that called for increases in gambling taxes. Gambling Tax Hike Results in Protests The budget […]
Sports
November 7, 2024
Sportsbooks More Accurate Than Polls in Predicting US Presidential Election Winner
Traditional electoral science is under threat of being outsmarted by sportsbooks, who have, once again, proven to be the savvier and more perspicacious analysts of the US Presidential Election in 2024. Established and respected pollsters such as Nate Silver, The New York Times, and FiveThirtyEight, not to mention The Economist, all gave the election a […]
Sports
November 7, 2024
Bookmakers List US Presidential Betting Odds for 2028
With the latest round of elections now concluded in the United States, and Donald Trump and his running mate, JD Vance, bound for the White House next year, sportsbooks have not wasted any time, listing the odds for the 2028 election. Kalshi Already Posting Odds for Next US Elections Anyone who is keen to get […]
Sports
November 7, 2024
Colorado Voters OK Proposal to Keep Sports Betting Tax to Fund Water Projects
Colorado’s voters had an extra box to tick on the November 5 ballot, with voters having to decide if they support Proposition JJ, a ballot measure that seeks to change the state’s laws so as to allow Colorado to retain sports betting tax revenue exceeding the initially set $29 million cap. Colorado Passes Proposition JJ […]
