Massachusetts Sets New Record for Casino and Sports Betting Revenue in September

In September 2024, Massachusetts experienced an unprecedented surge in gaming and sports betting revenue, setting new records for both sectors. According to the Massachusetts Gaming Commission (MGC) September 2...

New York Gov. Kathy Hochul Signs Law Requiring Addiction Warnings On All Gambling Ads

New York Dem. Governor Kathy Hochul has officially signed a new bill aimed at addressing the addictive nature of gambling by requiring advertisements for gambling and sports betting to include clear warnings ab...

Flutter Predicts U.S. Gambling Market Will Surpass $60 Billion by 2030

Flutter Entertainment, the parent company of FanDuel, has projected that the U.S. gambling market will grow significantly, expecting it to exceed $60 billion by 2030. The latest forecast marks a notable increas...

Greentube Amplifies U.S. Footprint Via Strategic Deal with FanDuel

Greentube, NOVOMATIC's digital gaming arm, is broadening its footprint across the U.S. by initiating a pivotal collaboration with FanDuel. This partnership debuts Greentube's acclaimed gaming offerings in Michi...

Michigan’s Online Gambling Revenue Jumps in August, iGaming Leads Growth

Michigan's online gambling market continues to thrive, with the state's iGaming sector leading a significant revenue increase in August. The Michigan Gaming Control Board (MGCB) revealed that the total gross re...

Fox Corporation to Capitalize on Lucrative FanDuel Stake with Strategic Acquisition

Fox Corporation's CEO, Lachlan Murdoch, at the Goldman Sachs Communacopia and Technology Conference, confirmed the company’s strategic move to activate its option to acquire an 18.6% stake in the sports betting...

DraftKings Emerges as a Top Pick for NFL Season Investing

As the NFL season gears up, the spotlight turns not just on the games but also on investment opportunities in gambling-related stocks. DraftKings, a prominent player in the online gambling arena, has particular...

Michigan’s iGaming and Sports Betting Revenues Surge in July

Michigan's iGaming and sports betting operators reported a robust performance for July 2024, with combined gross receipts hitting $220.86 million. This marked a 3.2% increase from the previous month, demonstrat...

Flutter Raises Earnings Forecast After Strong Q2, Rejects U.S. State Surcharge

Flutter Entertainment has significantly raised its full-year earnings forecast following a surprisingly strong second quarter, choosing not to impose a surcharge on customers in high-tax U.S. states. This strat...

U.S. iGaming Market Projects $7.3B Revenue in 2024, Led by FanDuel, DraftKings, BetMGM

Eilers & Krejcik Gaming (EKG), supported by data from Fantini Research, has released a new report detailing the performance of online sports betting and gambling operators in the United States for the first...

Accel Entertainment to Transform FanDuel’s Collinsville Venue with New Casino

Accel Entertainment has announced a major strategic acquisition, the planned purchase of the FanDuel Sportsbook and Horse Racing venue in Collinsville, Illinois for approximately 35 million dollars in stock. Th...