Caesars Entertainment highlighted the growth and profitability of its digital segment Tuesday (Oct. 31) during its third-quarter earnings call. The digital segment generated $2 million in adjusted EBITDA during the third quarter, marking the second consecutive quarter of profitability, Eric Hession, co-president of Caesars Sports and...
Paysafe has expanded into Massachusetts to serve the newly legal sports gambling market. The entertainment-focused payment platform is supporting the mobile sports-betting market by enabling players to fund their accounts by debit card, its own alternative payment methods (APMs) and third-party APMs, Paysafe said Thursday (March...
There are disruptors who come to market and list their shares publicly. And then there are disruptors who come to market and list publicly – right as their targeted markets are themselves disrupted, at least temporarily. So seemed the case on Friday (April 24), when...
August 28, 2024
Digital sports entertainment and gaming company DraftKings plans to enhance its in-play betting offering by acquiring Simplebet. The proposed transaction has been approved by the boards of directors of both companies but is subject to the receipt of required gaming regulatory approvals and other customary closing conditions, DraftKings said in a Wednesday (Aug. 28) press […]
October 31, 2023
Caesars Entertainment highlighted the growth and profitability of its digital segment Tuesday (Oct. 31) during its third-quarter earnings call. The digital segment generated $2 million in adjusted EBITDA during the...
March 30, 2023
Paysafe has expanded into Massachusetts to serve the newly legal sports gambling market. The entertainment-focused payment platform is supporting the mobile sports-betting market by enabling players to fund their accounts by...
April 24, 2020
There are disruptors who come to market and list their shares publicly. And then there are disruptors who come to market and list publicly – right as their targeted markets...
