gambling

DraftKings Slides on Forecast, Debuts Gaming Tax Surcharge
DraftKings Slides on Forecast, Debuts Gaming Tax Surcharge
August 02, 2024  |  Earnings

The sports gaming industry is at a crossroads, with technological innovation, regulatory changes, and consumer habits all combining to drive rapid evolution. And all three...

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DraftKings Shutters NFT Marketplace Amid Legal Headaches
DraftKings Shutters NFT Marketplace Amid Legal Headaches
July 30, 2024  |  Cryptocurrency

Online betting service DraftKings said is closing down its three-year-old non-fungible token (NFT) marketplace. The company announced Tuesday (July 30)  it was shuttering the marketplace,...

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DraftKings Bringing Online Sportsbook to Washington DC
DraftKings Bringing Online Sportsbook to Washington DC
July 23, 2024  |  Connected Economy

DraftKings says it plans to launch its online sportsbook in Washington, D.C. Assuming it gets the license and regulatory approval it needs, DraftKings would make the nation’s...

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Will Olympics Bring About an Online Betting Bump?
Will Olympics Bring About an Online Betting Bump?
July 11, 2024  |  International

Sportsbooks and daily fantasy operators are reportedly awaiting a bump in Summer Olympics-related betting. As CNBC noted in a report Thursday (July 11), this year’s Paris games...

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Online Gambling Firms’ Safeguards Differ in US and UK
Online Gambling Firms’ Safeguards Differ in US and UK
July 03, 2024  |  Regulation

Online gambling firms FanDuel and BetMGM are reportedly not offering in the United States some of the safeguards they have implemented in the United Kingdom. The two companies...

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UK Relaxes ‘Land-Based Gambling’ Rules as Online Betting Grows
UK Relaxes ‘Land-Based Gambling’ Rules as Online Betting Grows
May 16, 2024  |  Regulation

The British government is loosening its rules for brick-and-mortar betting businesses as online gambling grows. The U.K.’s Department for Culture, Media and Sport issued a report Thursday (May...

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DraftKings Isn’t Gambling on Its Innovation-Fueled Customer Acquisition Strategy
DraftKings Isn’t Gambling on Its Innovation-Fueled Customer Acquisition Strategy
May 03, 2024  |  Earnings

When it comes to gambling, over a long enough time frame, the house always wins. And that appears to be the case with daily fantasy...

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FanDuel Picks NY Over London for Primary Listing
FanDuel Picks NY Over London for Primary Listing
May 01, 2024  |  Stock Index

FanDuel is reportedly preparing to switch its public listing to the U.S. markets. Shareholders in Flutter Entertainment, FanDuel’s Ireland-based owner, have voted to move the online betting group’s...

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76% of Gamers Who Can’t Access Instant Payouts Would If They Could 
76% of Gamers Who Can’t Access Instant Payouts Would If They Could 
April 24, 2024  |  Real-Time Payments

Winning can provide an instant rush — and although 8 in 10 gamers prefer immediate access to their winnings, less than half of gamers now have...

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