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Sports
March 18, 2024
Betr CEO Joey Levy Remains Bullish on Company’s Long-Term Prospects
Joey Levy, the CEO of Betr, is standing firm on the company’s long-term growth strategy despite recent setbacks, including its withdrawal from Massachusetts. In a whirlwind week filled with fundraising and sports industry developments, Levy expressed confidence in Betr’s trajectory. Betr’s Levy Talks Sustainable Growth Amid $375M Valuation On March 13, Levy participated in a […]
Industry
March 18, 2024
Debate Ignites as New Orleans Lawmaker Pushes to Ban Gambling Ads
In a bold move that has stirred debate across the state of Louisiana, a freshman lawmaker from New Orleans, State Rep. Shaun Mena, is pushing for legislation that would ban all forms of advertising related to gambling, including television, online platforms, and print media. Mena, who assumed office earlier this year, argues that while he […]
Industry
March 15, 2024
Young Man Arrested for Leaving Children Unattended at Illinois Casino
In many US states, leaving a child unattended is considered neglect. Punishments for such offenses vary from one state to the other. In Illinois for example, neglect of a minor is considered if any person under the age of 14 years old is left without supervision for an “unreasonable period of time without regard for […]
Casino
March 15, 2024
Wynn Resorts Discloses Further Details on $12bn Casino Plan
The Nevada-based, publicly traded corporation that develops and operates high-end hotels and casinos, Wynn Resorts, has offered additional details of its bold plans for a $12 billion skyscraper casino resort in New York City. Wynn Resorts has recently released the renderings of the upcoming complex that will be located at Hudson Yards. 5.6-Acre Recreational Area […]
Business
March 15, 2024
Kansas Betting Revenue Soars Year-over-Year in February
February was a busy month for sports betting operators in Kansas. While licensed retail and online sports wagering suppliers in the state posted an increase in their revenue and betting handle year-over-year, the results from last month fell behind the figures posted a month earlier, in January, data released by the Kansas Lottery reveals. In […]
Sports
March 15, 2024
Kansas City Chiefs Prepared to Accommodate Sports Wagering
As Missouri inches ever closer to legalizing sports gambling, the Kansas City Chiefs are contemplating retrofitting their stadium to accommodate sports wagering. Many high-profile teams have expressed substantial support for introducing regulated sports betting in the Show Me State, arguing the measure would bolster fan engagement and provide new revenue and taxation streams. Sports Wagering […]
Business
March 15, 2024
Penn Entertainment’s CEO Celebrates the Success of ESPN BET
In mid-November, ESPN BET, the newest sportsbook at the time that is the result of a transformation of Barstool Sportsbook, officially launched in 17 US states. The launch came after an agreement between ESPN and Penn Entertainment that paved the way for the new exclusive sportsbook that promised exceptional betting experiences. The entry of ESPN […]
Legal
March 15, 2024
Man Who Ran Betting Fund Denies Scamming Investors Out of $500,000
A man from Pennsylvania has denied his involvement in a sports betting fraud case, pleading not guilty to the allegations. The man, Elijah Goshert, allegedly used sports betting investors’ money for personal benefits. For reference, Goshert, 47, is a former telecommunications worker who founded a sports betting fund called the Magellan Sports Fund. He claimed […]
Industry
March 15, 2024
New York Bills to Regulate Ads, Secure More Funds for Gambling Treatment
Three separate New York bills seek to better regulate gambling and shield risky players from harm. Authored by Senator Joseph Addabbo and Senator Leroy Comrie, the bills would protect vulnerable players by reminding them of the dangers of gambling and raising more funds for treatment. All of the bills are now on the Senate […]
Business
March 15, 2024
Analyst Highlights FanDuel’s Impact on Flutter’s Growth
Currently, FanDuel holds a leadership role within the betting and gaming vertical across the United States. The Flutter Entertainment-owned brand continues to enjoy success and expands across the country while growing its customer base. A testament to FanDuel’s success isn’t only the growing player base but its outstanding financial performance which ultimately contributes toward the […]