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LegalSportsBetting Brief: States, Sportsbooks Show Financial Growth 11/17/2020

LegalSportsBetting Brief: States, Sportsbooks Show Financial Growth 11/17/2020

by Christina Monroe | Nov 17, 2020 2:58 pm | Sports Betting

DraftKings and Flutter (FanDuel) both did surprisingly well as can be seen with the release of their Q3 reports. Illinois, Indiana, and Washington DC all saw growth in their monthly sports betting revenue numbers, showing the NFL making a big impact on gambling...
FanDuel To Kick Marketing Efforts Into High Gear For NFL Season

FanDuel To Kick Marketing Efforts Into High Gear For NFL Season

by Christina Monroe | Aug 28, 2020 11:14 am | Sports Betting

FanDuel gained over 350,000 new customers in the United States for the first half of the year but they need to market their sports betting offerings more to be successful in H2. A new marketing plan has been laid out for the sportsbook operator as they lost 44% of...
Gambling Giants Flutter, Stars Group To Complete Planned Merger

Gambling Giants Flutter, Stars Group To Complete Planned Merger

by Carter Floyd | May 5, 2020 10:46 am | Sports Betting

Flutter and The Stars Group will go through with a planned merger on Tuesday, May 5, 2020. The two companies own major gambling and sports betting products like FanDuel, Betfair, FOX Bet, and PokerStars. The newly merged company will split operations into four...
What Happens To Sports Bettors Money If Sportsbooks Go Bankrupt

What Happens To Sports Bettors Money If Sportsbooks Go Bankrupt

by Christina Monroe | Apr 8, 2020 3:45 pm | Revenue

Sportsbooks have been accumulating losses in profits due to the Coronavirus and professional sports being suspended worldwide. Each operator protects the funds of their customers differently and sports bettors should know if their money is being protected if these...
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