A new study from the University of Bristol suggests that major online sports betting companies—BetMGM, DraftKings, ESPN Bet, and FanDuel—are breaching industry guidelines with their social media marketing.
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The start of the NFL season coincides with the busiest time of year for the sports betting industry, a game-within-the-game that has seen explosive growth since the 2018 US Supreme Court decision that legalized sports betting across the country.
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Caesars will officially take over Washington DC sports betting kiosks from Intralot, as announced by the Office of Lottery and Gaming (OLG) on Monday.
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The bill aims to address concerns about the impact of sports betting on consumers, but it was swiftly met with opposition from industry leaders and state representatives.
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The sports betting industry is experiencing substantial year-over-year growth, with analysts expressing optimism about the sector’s trajectory.
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Stephen Grambling, an analyst at Morgan Stanley, has revised his targets for several US sports betting companies, citing concerns about the broader gaming industry and consumer spending.
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Bet365 has been hit with another fine by New Jersey sports betting regulators, marking the second penalty in two months in the Garden State.
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