Maryland officials question viability of racing in the state It’s time we have a talk about the Preakness Stakes. Beyond time, probably. It’s a race with more than 150 years…
DraftKings revenue jumped 17% YoY and EBITDA exploded 599% to $167.9 million as the company presses its “advantage” in prediction markets US sportsbook giant DraftKings turned in a 17% year-over-year…
Problem gambling is not necessarily about large wagers or staggering losses, as high-frequency, repetitive behaviors can also become compulsive and negatively impact everyday life. When a high-profile athlete reveals a…
Amy Howe’s ouster and Kalshi’s latest injection of capital lead the week’s gambling industry news. This week in gambling saw the head of the leading sportsbook dismissed, another ballooning of…
In a Gambling Insider Q&A, AIBM sports betting policy lead Jonathan Cohen discusses his advocacy group’s mission, the deterioration of American trust, gambling’s need for better guardrails, and the “gravitational…
The AGCO fined Arrise Solutions (which powers Pragmatic Play) and Relax Gaming after it found their casino games were available to Ontario players on unregulated websites. The Alcohol and Gaming…
Prediction markets emerged as a rare bright spot in Coinbase’s weak Q1 earnings, which were marked by falling revenue, softer crypto trading activity, and a large net loss. Prediction markets…
Tennessee, Oklahoma, Louisiana, and Iowa moved sweeps-related bills to governors, while other gambling measures in Colorado, Connecticut, and Missouri advanced. The past week saw lawmakers in Tennessee, Oklahoma, Louisiana, and…
Genius Sports’ Q1 earnings call outlined a broader strategic shift, positioning prediction markets and the recently closed Legend acquisition as key drivers of future growth. Prediction markets and the recently…