Industry
August 8, 2022
Canadian Organizations Rally Against Illegal Gambling
Illegal sports betting is on the rise in Canada. Last summer, the country updated its federal law on gambling and legalized single-event sports betting. The new law allowed provincial governments to regulate sports betting as they saw fit within their jurisdictions. Ontario embraced the opportunity and began offering commercial licenses to operators. However, other provinces […]
Business
August 8, 2022
DraftKings’ Q2 revenue rises 57% compared to 2021
Gambling giant DraftKings released the official report on its second-quarter earnings. The company’s revenue and EBITDA exceeded expectations, improving its overall financial forecast for the remainder of the year. DraftKings stocks reacted positively to the news and jumped by nearly 10%. Earnings Exceeded Previous Estimates The gaming operator recorded revenue of $466 million for the […]
Business
August 5, 2022
AstroPay Appoints Fayyaz Ansari as the New Chief Financial Officer
Prestigious online payments provider with millions of users worldwide AstroPay has appointed UK-based Fayyaz Ansari as its new chief financial officer. Paysafe group’s former chief financial officer and board member for the Skrill division will be responsible for supervising AstroPay’s financial activities and management decisions at a global level. Over Two Decades of Experience in […]
Sports
August 5, 2022
1XBET and PSG Sign Three-Year Regional Partner Club Deal for Asia & Africa
France’s most successful soccer club and winner of more than 40 official honors Paris Saint-Germain and global online sports betting platform 1XBET have signed a regional partner club for Asia and Africa. The new partnership will cover the upcoming three seasons. The team with headquarters at Parc des Princes initiated the partnership with 1xBET on […]
Sports
August 5, 2022
West Ham vs Manchester City Premier League Odds, Time, and Prediction
Defending Premier League champions – Manchester City – start their 2022-23 campaign with a trip to London. That’s where they’re going to lock horns with West Ham on Sunday, August 7. Oddsmakers see Manchester City as odds-on favorites, but history teaches us that West Ham mustn’t be underestimated. After all, they’re unbeaten against Pep Guardiola’s […]
Sports
August 5, 2022
William Hill Launches “EPIC” Campaign, Shows Its Dedication to Soccer
William Hill, one of the world’s leading sports betting brands, has launched “EPIC,” a new soccer campaign, which will have its premiere in the UK this weekend and will further demonstrate the company’s understanding of the soccer culture. The new campaign comes off the heels of William Hill’s partnership with Sky Sports. The TV Ad […]
Business
August 5, 2022
Rush Street Reveals Q2 Results, Shows Improvement in Revenue
Rush Street Interactive has reported that its second-quarter in 2022 also resulted in a net loss. The Q2 results state that the company’s net loss is $28.3 million and even though revenue has risen 17% YoY (from $122.8 million to $143.7 million), the cost of advertising and promotions rose by 20% as well. The Second […]
Sports
August 5, 2022
Michael Owen to Help Maxim88 Build Presence in Asian Markets
Maxim88, a leading online sportsbook in Asia, has signed a new ambassador in the face of Michael Owen. Owen’s seasoned career has taken him through teams such as Manchester United and Liverpool in which he realized his potential and inscribed his name in the pantheon of present-day soccer legends. He played for the English national […]
Business
August 5, 2022
FuboTV Reports Strong Growth, Subscribers and Liquidity in Q2, 2022
Fubo TV Inc. is well on track in terms of financial results during the second quarter of the year and the latest update published by the company has seen a significant increase in FuboTV’s North American streaming business, ad revenue, and paid subscribers. FuboTV Reports on Strong Revenue and Subscriber Growth FuboTV reported that its […]
Industry
August 4, 2022
Bally’s Reported Q2 2022 Results, Revised Full Year Guidance
Hospitality, gaming and entertainment company Bally’s Corporation released today its financial results for the second quarter of the year posting 106% growth in revenue year-over-year. Revenue more than Doubled For the three months ended June 30, 2022, Bally’s Corporation generated revenue of $552.5 million to more than double the $267.7 million the gaming and entertainment […]
