by Michael Molter | Mar 31, 2025 8:58 pm | Sports Betting
Major sportsbooks, including DraftKings and FanDuel, abruptly removed betting lines for the College Basketball Crown Tournament, citing regulatory concerns and player uncertainty. Bettors suspect sportsbooks pulled the lines to protect themselves from inside...
by Michael Molter | Jul 19, 2024 12:26 pm | Sports Betting
DraftKings and FanDuel sportsbook hold nearly 75% of the market share for US sports betting. While MGM and Caesars make up another ~15%, the remaining 10% is split between way too many operators. PHOENIX – Recent withdrawals from the legal sports betting market from...
by Michael Molter | Jun 26, 2024 10:08 am | Legal
Major changes in mobile sports betting are on the horizon as the DC Council opens the market to multiple operators. The new budget slashes tax rates and welcomes competitors like BetMGM and Caesars to expand citywide. An amendment ensures betting kiosks remain in...
by Giovanni Shorter | Jul 7, 2022 11:54 am | Sports Betting
DraftKings stock is down to 12.37 per share after peaking at 63.39 per share in 2021. Caesars stock peaked at 119.49 in 2021 but is now down to just 42.26 per share. A younger investing audience is rooted as one of the reasons for the stock shares to have dipped. NEW...
by Giovanni Shorter | Sep 14, 2021 11:19 am | Sports Betting
GeoComply has revealed the top sports betting markets during the opening week of the NFL season and Arizona saw the fourth most wagers. There were 58.2 million geolocation transactions during Week 1 of the football schedule. This NFL opener more than doubled the...
