Sportsbooks news and trends

BetMGM Lets Nevadans Connect via Digital Nationwide Wallet
Mobile Wallets // August 22, 2024

BetMGM says it is the first betting app offering Nevada bettors nationwide connectivity via digital wallet. “Through its operation and partnership with MGM Resorts International and powered by Entain’s technology, this innovative feature makes BetMGM the only legalized sports betting app to allow Nevada residents and visitors to...

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

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 of those themes were central to executive commentary during DraftKings’ second-quarter 2024 earnings call Friday (Aug. 2). “We very efficiently...

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

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 will be the first Olympiad since the widespread legalization of gambling in the U.S. The industry anticipates an uptick in betting compared...

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

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 access to instant payouts. That is one key takeaway from “Generation Instant: Gamers and Winnings,” a report PYMNTS Intelligence created...

Quick Reads
US Sports Gambling Industry Totals $220 Billion Since 2018

September 06, 2024
As the NFL season gets underway, sports betting has reportedly become big business in the United States. Since a Supreme Court ruling overturned a law that prevented state-sanctioned sportsbooks in 2018, over $220 billion has been wagered in the U.S. sports gambling industry, Bloomberg reported Friday (Sept. 6). The beneficiaries of this trend include mobile […]

BetMGM Lets Nevadans Connect via Digital Nationwide Wallet

August 22, 2024
BetMGM says it is the first betting app offering Nevada bettors nationwide connectivity via digital wallet. “Through its operation and partnership with MGM Resorts International and powered by Entain’s technology, this innovative feature...

Will Olympics Bring About an Online Betting Bump?

July 11, 2024
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 will be the first Olympiad...

UK Takes Aim at Problem Gambling With Proposed Regulation Updates

April 27, 2023
The last time the U.K. issued gambling regulations, the iPhone hadn’t been invented. Since then, advances in technology and an increase in betting among the public have rendered the country’s...