Sports betting

Sports betting is the activity of predicting sports results and placing a wager on the outcome.

Source: en.wikipedia.org

Brazilian Banks: Consumer Spending Cuts Could Be Due to Rise in Online Sports Betting
Brazilian Banks: Consumer Spending Cuts Could Be Due to Rise in Online Sports Betting
September 20, 2024  |  Consumer Insights

Online sports betting reportedly may be contributing to consumer spending growing slower than expected in Brazil. Some banks and think tanks are making that connection...

READ MORE >
Brazil to Bar Use of Credit Cards in Online Gambling
Brazil to Bar Use of Credit Cards in Online Gambling
September 17, 2024  |  Regulation

Online gambling companies reportedly will be prevented from operating in Brazil if they haven’t requested authorization to do so. The potential suspensions announced by Brazil’s...

READ MORE >
Federal Bill Targets AI and Credit Cards in ‘Addictive’ Sports Betting
Federal Bill Targets AI and Credit Cards in ‘Addictive’ Sports Betting
September 13, 2024  |  Regulation

A newly proposed bill would require states that allow sports betting to meet minimum federal standards covering advertising, affordability and artificial intelligence. The SAFE Bet Act...

READ MORE >
US Sports Gambling Industry Totals $220 Billion Since 2018
US Sports Gambling Industry Totals $220 Billion Since 2018
September 06, 2024  |  Earnings

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...

READ MORE >
BetMGM Lets Nevadans Connect via Digital Nationwide Wallet
BetMGM Lets Nevadans Connect via Digital Nationwide Wallet
August 22, 2024  |  Mobile Wallets

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...

READ MORE >
DraftKings Slides on Forecast, Debuts Gaming Tax Surcharge
DraftKings Slides on Forecast, Debuts Gaming Tax Surcharge
August 02, 2024  |  Earnings

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...

READ MORE >
DraftKings Shutters NFT Marketplace Amid Legal Headaches
DraftKings Shutters NFT Marketplace Amid Legal Headaches
July 30, 2024  |  Cryptocurrency

Online betting service DraftKings said is closing down its three-year-old non-fungible token (NFT) marketplace. The company announced Tuesday (July 30)  it was shuttering the marketplace,...

READ MORE >
DraftKings Bringing Online Sportsbook to Washington DC
DraftKings Bringing Online Sportsbook to Washington DC
July 23, 2024  |  Connected Economy

DraftKings says it plans to launch its online sportsbook in Washington, D.C. Assuming it gets the license and regulatory approval it needs, DraftKings would make the nation’s...

READ MORE >
Will Olympics Bring About an Online Betting Bump?
Will Olympics Bring About an Online Betting Bump?
July 11, 2024  |  International

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...

READ MORE >