The runaway success of U.S. sports betting has been nothing short of remarkable since its inauguration, having raised billions in taxable revenue and attracting some of the world’s largest operators to open up shop. Yet, as the sector grows, the seedy side of the industry is unraveling, with questions being… Continue reading Are U.S. Regulators Falling Behind in Sports Betting Oversight?

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Will a recent tax increase make online gambling untenable in the UK? The backlash to the UK government’s shock move to raise online gambling taxes to unprecedented levels has already begun, with gambling giants Flutter Entertainment (NYSE: FLUT) and Entain (LSE: ENT) at the center of the storm. Following earlier… Continue reading Flutter, Entain Warn of Massive Losses After UK Unveils 40% Gaming Tax

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News from across the pond has revealed British gambling firms poured an eye-watering $2.62 billion into advertising last year – a figure so huge it has triggered fresh calls for the UK government to enforce far stricter taxation on the sector. In fact, the amount spent dwarfs the $1.57 billion… Continue reading As Gambling Companies Pour Billions into Ads, Is a Crackdown Looming?

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Prediction markets are rapidly changing the traditional online gambling markets. In an unprecedented move, sportsbook kingpins FanDuel (NYSE: FLUT) and DraftKings (NASDAQ: DKNG) have abruptly announced they are both exiting the industry’s primary trade body, the American Gaming Association (AGA). Tuesday’s announcement marks the first time the country’s two dominant… Continue reading FanDuel, DraftKings Stage Shock Exit From AGA Over Prediction Markets

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The regulated online gambling market in the US is scrambling to keep up with predictive markets like Kalshi and Polymarket. Are online gambling heavyweights DraftKings (Nasdaq: DKNG), FanDuel (NYSE: FLUT) in trouble? In the realm of U.S. sports betting, prediction markets were once seen as an unregulated nuisance, with few… Continue reading With Shares Sliding, Can DraftKings or FanDuel Replicate Kalshi Success?

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Prediction markets, such as Polymarket and Kalshi, are becoming increasingly difficult to ignore. Never one to shy away from technological innovation, Google (NASDAQ: GOOG) has unveiled its revolutionary AI-powered upgrades for its Google Finance platform that now includes real-time data integration from prediction markets Polymarket and Kalshi. In doing so,… Continue reading Google Integrates Kalshi, Polymarket Data in Major Finance Overhaul

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Can a new prediction market offering and a deal with ESPN right the ship for DraftKings? It must be said, even the hardiest of DraftKings (NASDAQ: DKNG) investors must be feeling the pressure as the online sports betting giant’s share price continues to nosedive into November. The catalyst behind the… Continue reading DraftKings Scrambles to Enter Prediction Markets as Pressure Mounts

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Could Rush Street Interactive be one of the most underrated stocks in gaming? One glance at Rush Street Interactive‘s (NYSE: RSI) rollercoaster October would normally have investors fleeing, but behind the recent trading volatility lies perhaps one of the most compelling growth stories to have emerged in the online gaming… Continue reading Is This Chicago-Based Gaming Company Primed for Explosive Growth?

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MGM withdrew from a multi-billion-dollar application in New York to focus on other aspects of the business. The news out of New York this week has both investors and analysts scratching their heads after MGM Resorts International (NYSE: MGM) announced it was withdrawing its application for a commercial casino license… Continue reading MGM Walks Away from Billion-Dollar Yonkers Expansion, Stock Slides 4%

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Light & Wonder is down 8.5% on the year, but is a bounce coming? A casual glance at Light & Wonder’s (NASDAQ: LNW) yo-yoing YTD stock performance and you could be forgiven if it prompted an involuntary eyebrow raise.  Yet, behind the scenes, several analysts believe that LNW is quietly… Continue reading Is This Gambling Stock a Sleeping Giant? The Case for Light & Wonder

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