Sports Betting

CEO Stella David and Michael Snape highlighted the CEE exit as an opportunity to de-lever, unlock and return capital to shareholders.

Beyond the headline price lies a wager on prediction markets, US regulation and whether Jeremy Levine can turn Underdog into the next big event-trading platform.

The sponsorship deal was signed in April and was intended to continue until the 2027/28 season

The illegal betting market appears to be shrinking, although clandestine platforms still account for a significant share of online wagering in Brazil.

Partnership with data infrastructure and operations supplier involves Abelson’s Football Player Markets (FPM) product.

The prime minister also noted that adult gaming centres will need planning approval under new rules. He described betting shops and vape shops as "dodgy businesses".

The analysis suggests funds directed to illegal websites coincide with data projected by LCA, which indicates that between 41% and 51% of the market is unlicensed.

Penn Entertainment will not be among the sportsbook operators spending heavily on promotions this football season, a strategy Wall Street largely endorsed following the company’s second-quarter... The post Penn Sits Out Sports Betting Spending War As Analysts Back Strategy appeared first on Legal S…

The Commodity Futures Trading Commission has told prediction markets and intermediaries that displaying event contract prices in American sportsbook-style odds is likely misleading and could violate... The post CFTC Reminds Prediction Markets They Do Not Run Sportsbooks appeared first on Legal Spor…

Operator, which uses Delasport’s sportsbook platform, accredited by the Responsible Gambling Council (RGC).

New York sports betting achieved unprecedented revenue figures in July, sports betting gamblers experienced significant losses during this period, contributing to record-breaking operator revenues that defied typical summer seasonality trends. The surge came as World Cup betting activity drove exce…

The entertainment company almost acquired BetMakers late last year but talks did not advance past the "informal" discussion stages.

Tabcorp Holdings has announced on Monday that it will acquire BetMakers Techology Group, the B2B technology firm for AU$267 million (US$189 million) through a Scheme of Arrangement, with cash consideration of AU$0.24 per share implying an equity value of approximately AU$283 million (US$200 million…

Italy’s online gambling market increasingly resembles a two-horse race. The question now is whether Flutter’s playbook for SNAI can turn that race on its head.

Similar raids conducted in part by the Gambling Commission were undertaken in both Manchester and Bristol in recent months.

What is iGaming affiliate software? iGaming affiliate software is the system that Gambling operators use to track, manage, and pay their affiliates. When you sign up to promote a casino brand, you’re usually not dealing with the operator directly — you’re logging into one of these platforms, chosen…

DraftKings revenue fell in the second quarter as customer-friendly sports results and increased promotional spending outweighed strong customer growth, but the company said those investments are... The post DraftKings Shrugs Off Q2 Miss As Predictions Accelerate Ahead Of NFL appeared first on Legal…

DraftKings devoted most of its Q2 call to laying out a blueprint for its attempt to outlast rivals when prediction markets go full throttle this autumn.