Racecourse Media Group appoints new Chief Betting Officer
Racecourse Media Group (RMG) has announced the strategic move to merge its domestic and international betting teams, an initiative aimed at streamlining operations and leveraging synergies. Leading the helm of…
DC sports betting off to slow start in 2024
The US capital has witnessed a significant surge in sports betting engagement and financial turnover in January 2024, according to the latest reports. Enthusiasts and bettors have increasingly flocked to…
Shohei Ohtani’s interpreter accused of illegal sports betting activities by lawyers
Breaking news from the Los Angeles Times on 20 March showcases a major controversy involving baseball sensation Ohtani, whose legal team is leveling serious allegations against his interpreter, Ippei Mizuhara.…
Washington, DC bill proposes expanding digital sports betting options
A fresh legislative proposal is seeking to revamp the online sports betting landscape in Washington DC. This new bill, aiming to introduce a Class C license, has emerged amidst growing…
Sportradar approaches upper end of FY23 revenue guidance thanks to strong growth in US markets
Delving into the latest market dynamics reveals a nuanced tapestry of financial ebbs and flows, underscoring the vibrant nature of global economies. As finance experts scrutinize these trends, a pattern…
US representative Tonko to introduce bill requiring federal approval for states to allow sports betting
In a groundbreaking move, Representative Paul Tonko has introduced a bill that is set to transform the landscape of sports betting in the United States. This legislation aims to establish…
NCAA introduces ‘Draw the Line’ campaign to promote responsible sports betting education
As the 2024 Division I Men’s and Women’s Basketball Championships ignite, the NCAA introduces the "Draw the Line" campaign, aiming directly at the heart of the bustling US betting scene.…
Gambling.com Group secures $50 million credit facility to support financial growth
In a major move set to accelerate its growth strategies, Gambling.com Group recently announced securing a substantial $50.0 million credit facility agreement with Wells Fargo Bank. This pivotal financial arrangement…
Pennsylvania iGaming revenue hits all-time high of $184.9 million in February
The gambling industry witnessed a significant financial outcome in February, with revenues reaching a whopping $499.1 million. This notable increment underscores the sector's robust growth amid escalating consumer interest and…
Zeal’s 2023 net profit declines due to higher costs, despite revenue growth
Zeal has recently disclosed its financial performance for the year 2023, showcasing a robust trajectory in its fiscal health. This year, the company has outperformed expectations, indicating its strong grip…