World Club Cup Ignites Global Sports Betting Craze: How Can Operators Seize Market Opportunities?
The 2025 FIFA Club World Cup is set to kick off in the United States, with this expanded tournament featuring 32 teams attracting billions of global viewers and presenting significant opportunities for the sports betting industry.As the legalization of sports betting accelerates in North America, m
New York's online sports betting revenue increased by 4.8% in April, reaching $192.7 million.
According to data from the New York State Gaming Commission, in April 2025, the online sports betting revenue in New York reached $192.7 million, a year-on-year increase of 4.8%. The state's gaming revenue grew 9.6% from $19.6 billion in April 2024 to $21.5 billion.Despite a decline from the previou
DraftKings' revenue for the first quarter of 2025 increased by 20%, reaching $1.41 billion.
DraftKings announced its Q1 2025 revenue as $1.41 billion, a 20% increase from $1.18 billion in Q1 2024. The company noted high engagement in its sports betting and iGaming products, improved hold rates, and ongoing integration of Jackpocket, acquired in May 2024.This quarter, the monthly unique pay
DraftKings vs FanDuel: Who is the King of Online Sports Betting? The Ultimate Comparison!
How do sports betting operators deal with the "last-minute goal risk"? Taking Inter Milan's last-minute win over Barcelona as an example of risk management strategy.
In the football betting market, "Last-Minute Goal" is often one of the most headache-inducing risks for betting operators. For example, in the recently concluded match, Inter Milan scored a last-minute goal during extra time against Barcelona, rendering a large number of "Barcelona Unbeaten" bets i
"March Madness" Sports Betting Platform Performance Analysis: Who Wins in Stability and Risk Management?
During the NCAA "March Madness" basketball tournament, sports betting companies face unprecedented challenges. The fast pace and rapidly changing situations of the games make platform stability and risk control capabilities key competitive factors.According to the latest report from data analysis ag
Signs of an Earthquake in the Gambling Industry? Bet365 Prepares for Sale, Potentially the Largest Acquisition in Gambling History
Gambling giant Bet365 is considering selling its business to bring in £9 billion in cash for the Coates family.According to The Guardian, informal discussions are underway within the company, weighing options such as selling, IPO, or partial sale. The company is reportedly valued at £9 billion.Under
Mexico's gambling market will exceed $40 billion by 2033: Digital transformation and regulatory challenges coexist
According to the latest market analysis report, the Mexican gambling industry is experiencing an unprecedented transformation period.By 2024, the market size has reached 11.37 billion USD, and it is expected to soar to 40.64 billion USD by 2033, with a compound annual growth rate of 15.71%.This grow
In March 2025, New Jersey's gambling revenue reached $546.1 million, with iGaming growing by 23.7%.
According to data released by the New Jersey Division of Gaming Enforcement (DGE), total gaming revenue in New Jersey rose to $546.1 million in March 2025, a 3.7% increase year-over-year. This growth was primarily driven by the state's iGaming industry, which continued its upward trend, growin
DraftKings and FanDuel face legal challenges from the city of Baltimore, marking the first time a U.S. city has directly sued gambling operators.
Baltimore has filed a lawsuit against DraftKings and FanDuel, marking the first time a U.S. city has directly sued gambling operators for their business practices.The complaint, brought forth by Baltimore's legal department, accuses these companies of extensively violating the city's Consumer Protec
Billionaire gambler, one of the Draftkings bosses, Shalom Meckenzie, started selling fitness equipment and made a fortune again!
After merging his software company with DraftKings, Shalom Meckenzie earned a fortune of $1.4 billion. Now, he believes his newly established fitness company, Amp, might even achieve greater success.In October 2020, on a 192-foot yacht off the coast of Greece, Shalom Meckenzie was playing poker with
Rei do Pitaco: How to Emulate American Fantasy Sports DFS in Launching Sports Betting in Brazil
Rei do Pitaco is one of the first companies to obtain a comprehensive license in the newly regulated Brazilian betting market, aiming to compete with a wave of international players.The CEO, Kiko Augusto, has followed in the footsteps of successful American cases to some extent, explaining what make
Maryland: Baltimore sues DraftKings, FanDuel, alleging misleading tactics
The city of Baltimore sued DraftKings and Flutter Entertainment, the parent company of FanDuel, on Thursday, accusing the sportsbooks of engaging in deceptive and unfair practices to target and exploit vulnerable gamblers.The complaint, which was filed in Baltimore City Circuit Court, a state court,
Which sports betting app is the hottest in the US? A dark horse leaps into the top rankings of betting platforms.
The US sports betting market is moving towards "full openness", with many online sports betting platforms emerging. In addition to the most popular in recent years, DraftKings and FanDuel, what other platforms are well-known or have high download numbers? Let's find out through the rankings of relat
The Philadelphia Eagles Weren’t the Only Big Winners of Super Bowl LIX
US sportsbooks enjoyed a big win on Super Bowl Sunday, led by sports betting giant DraftKings, which took in a daily record $436 million in wagers on the Eagles’ 40-22 victory over the Kansas City Chiefs.Though estimates have been available since the day after the game, online sportsbooks have just