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Industry
May 7, 2024
Washington D.C. Sportsbook Operators Push for Inclusive Mobile Betting
During the Washington D.C. Council committee’s Business and Economic Development Public Hearing held on May 6, four sports betting operators spoke in support of a proposed bill that if passed will diversify the sports betting market in the state. Operators also voiced their concerns over the digital monopoly of FanDuel, which will be instated in […]
Sports
May 6, 2024
Mystik Dan Conquers Churchill Downs’ Refurbished Racetrack
This year’s edition of the Kentucky Derby ushered in a new era for horse racing. According to Churchill Downs, which hosts the derby, the renovated track changed how fans experience the races. For context, Churchill Downs just completed its $200 million renovation. The company started the project almost three years ago and managed to complete […]
Sports
May 6, 2024
Maine’s Sports Betting Tax Revenue Declined as Fans Won Big
The Maine Gambling Control Unit has disclosed information about the local sports betting market’s performance in March. While the month attracted a record-breaking volume of bets, operators’ hold percentage was quite low, resulting in a decline in tax revenue. For context, Maine’s sportsbooks recorded approximately $48 million in bets. This figure represents a month-on-month increase […]
Sports
May 6, 2024
Joaquin Buckley vs. Nursulton Ruziboev UFC on ESPN 56 Odds, Time, and Prediction
Born and raised in St. Louis, Joaquin Buckley will be fighting in his hometown on Saturday, May 11. He’s locking horns with Nursulton Ruziboev, a fighter from Uzbekistan, who’s looking for his 11th straight win. Still, based on the UFC on ESPN 56 odds, the American fighter is more likely to win. Joaquin Buckley vs. […]
Sports
May 6, 2024
Derrick Lewis vs. Rodrigo Nascimento UFC on ESPN 56 Odds, Time, and Prediction
Our Derrick Lewis vs. Rodrigo Nascimento prediction is that the UFC on ESPN 56 main event won’t last for the full five rounds. The reason? Only one of Derrick Lewis’s fights lasted for 25 minutes, while Rodrigo Nascimento is fighting his first-ever 5-round bout on May 11. We predict that there’s gonna be a finish […]
Sports
May 6, 2024
NBA and Sportsbooks Consider Prop Bet Overhaul in Wake of Jontay Porter Ban
Player prop bets are likely up for potential changes, following the recent lifetime ban imposed on NBA center Jontay Porter for gambling violations. Sources familiar with the matter have provided information that the NBA and its affiliated sportsbooks have started talks in order to explore different possibilities for preventing such incidents from happening in the […]
Sports
May 6, 2024
Arcade Chain Dave & Buster’s Faces Backlash Over Betting Initiative
Renowned US restaurant and arcade chain Dave & Buster’s has expanded its offering by introducing a betting feature to its mobile application. However, this new endeavor has triggered controversy and has become the subject of scrutiny from both lawmakers and industry experts and representatives. Dave & Buster’s Faces Legislative Pushback Over New Betting Feature on […]
Business
May 3, 2024
DraftKings Reports Impressive Q1 2024 Financials, Raises Guidance
DraftKings Inc. has announced its financial results for the first quarter of 2024, posting robust revenue growth and providing an optimistic outlook for the rest of the year. The company also shared updates on its business performance and strategic prospects as it hopes to further capitalize on the spread of regulated sports betting and iGaming […]
Sports
May 3, 2024
Sandro Tonali Receives a Suspended Ban for Violating FA’s Code
Sandro Tonali has received a two-month suspended ban for his gambling violations. The ban is suspended until the conclusion of the 2024-25 season and will come into effect if Tonali commits a new violation. The FA charged the midfielder with 50 breaches of FA Rule E8 for placing bets on football matches between 12 August […]
Industry
May 3, 2024
Nielsen Study Reveals Sports Betting Ads Decrease in 2023
The number and spending for sports betting ads has dropped significantly in 2023, according to a Nielsen study commissioned by the American Gambling Association (AGA). The organization that monitors trends in sports betting and gambling advertising budgets and volumes offers an in-depth analysis of the changing landscape of sports betting advertising. The Vital Role of […]
