Sports betting
A smart product for the casual bettor?
QL Gaming’s data-driven tools have proven a hit with sophisticated bettors, but the next challenge is to extend its reach to casual punters. Thanks to its recent acquisition by broadcaster Entercom, the business now has…
Churchill Downs to raise $500m through notes offering and term loan
Racing and gaming operator Churchill Downs Incorporated (CDI) aims to raise more than $500m through a combination of a term loan and an offering of…
Online casino drives RSI revenue growth in 2020
Rush Street Interactive (RSI) saw net revenue rocket 337% year-on-year in 2020, with casino significantly outperforming sports betting in key markets. However, an increase…
Illinois breaks sports betting revenue and handle records in January
Illinois’s sports betting handle reached a record $581.6m in January, while the US state also saw revenue reach an all-time high of $49.4m during the…
Penn National approved to launch Barstool Sportsbook app in Illinois
Penn National Gaming has secured approval from the Illinois Gaming Board to launch its Barstool Sportsbook mobile application in the US state. The operator said…
Caesars set to complete William Hill acquisition by 1 April
Caesars expects to complete its proposed acquisition of William Hill by 1 April after the bookmaker confirmed all necessary regulatory approvals should be obtained in…
DraftKings pledges $350,000 International Women’s Day donation
Sports betting giant DraftKings has pledged to donate up to $350,000 to nonprofit organizations across the United States which promote female-owned small businesses and female…
Major League Rugby and Genius Sports Group announce partnership
Major League Rugby, the leading rugby league in the US, has today announced Genius Sports Group (GSG) as its official sports betting data partner. This…
DraftKings ups long-term EBITDA guidance to $1.7bn
DraftKings has upped its long-term earnings before interest, tax, depreciation and amortisation (EBITDA) guidance from $1bn to $1.7bn, following strong igaming results in 2020. The…
BettHouse launches new funding round ahead of US debut
Start-up online sports betting operator BettHouse has announced a new funding round ahead of its launch in the US market. BettHouse has secured market access…
MGM Resorts and BetMGM launch problem gambling education series
MGM Resorts and its online joint venture BetMGM have announced a commitment to promote responsible gaming within the betting industry, including an employee education series.…
AGA recruits FanDuel to responsible gambling project
The American Gaming Association (AGA) has announced Flutter Entertainment-owned FanDuel Group has become the first mobile sportsbook operator to sign up to its “Have A…
WynnBet gains Virginia sports betting license
Casino and sports betting app WynnBet has been granted a license for the operation of online sports betting in the state of Virginia, it has…
Iowa sports betting revenue rockets 920.5% YoY in February
The Iowa Racing and Gaming Commission has reported a 920.5% year-on-year increase in sports betting revenue in February, though both revenue and handle were down…