Sports betting

New Jersey Weighs Ban on College Athlete Prop Bets

The state of New Jersey, a pioneer in legalizing sports betting across the United States, is now exploring new measures to restrict certain types of wagers. A proposed bill in the state legislature aims to proh...

Louisiana Lawmaker Postpones Controversial Bill to Raise Online Sports Betting Tax

A proposal to significantly increase the tax on online sports betting revenue in Louisiana has been deferred amid mounting opposition from the gaming industry. House Bill 22, introduced by Representative Roger ...

FanDuel Co-Founders Unveil BetHog, a New Crypto Casino and Sportsbook Platform

BetHog, a new crypto-based casino and sportsbook platform created by FanDuel co-founders Nigel Eccles and Rob Jones, has officially launched with an impressive $6 million seed funding round. The funding, spearh...

New York State Sports Betting Hits Record $2.3 Billion in October

In October 2024, New York State notched a historic milestone in sports betting, recording an unprecedented handle of $2.3 billion. This figure surpasses the previous high of $2.11 billion set in November 2023, ...

PENN Entertainment Reports Promising Q3 Results Amid Expansion and Innovation Plans

PENN Entertainment, Inc. recently released its financial results for the third quarter of 2024, showing steady revenue in both its retail and interactive segments despite challenges. Chief Executive Officer Jay...

Missouri Voters Approve Sports Betting, Block Lake Ozark Casino Expansion

In a closely watched decision, Missouri voters approved Amendment 2, which legalizes sports betting within the state, marking a significant shift in the state's gaming landscape. Meanwhile, Amendment 5, which s...

Rush Street Interactive Reports Robust Growth in Q3 2024

Rush Street Interactive, Inc. (RSI), a frontrunner in the online casino and sports betting industry across the Americas, disclosed its financial results for the third quarter ending September 30, 2024. The comp...

Caesars Entertainment Highlights Digital Growth Amid Q3 Losses

Caesars Entertainment Inc., known for its extensive portfolio of casinos and resorts, has reported its financial performance for the third quarter of 2024. The Nevada-based company revealed a slight decline in ...