by Michael Molter | May 27, 2025 9:29 am | Regulatory
Despite repeated violations, Massachusetts sportsbooks are facing fines so small they’ve become the cost of doing business, not a reason to change behavior. BOSTON – The Massachusetts Gaming Commission (MGC) handed out $50,000 in fines last week to four legal...
by Brett Crown | Mar 28, 2024 11:33 am | Regulatory
Many of the most popular sports betting companies in the US just formed the Responsible Online Gaming Association (ROGA). Education, treatment, and marketing practices for responsible gambling are the main focuses of ROGA. NEW YORK – Seven major sports betting brands...
by Zachary Kelley | Aug 28, 2023 5:50 pm | Regulatory
DraftKings received a $94,000 fine for advertising to underage players. FanDuel, PointsBet, Rush Street (BetRivers), and PENN (Barstool Sportsbook) are among the four other legal online sportsbooks to receive fines from Maryland’s gambling regulator. PENN and...
by Giovanni Shorter | Oct 2, 2020 10:57 am | Sports Betting
Penn National Gaming closes its common stock public offering and managed to raise $982.1 million. The process involved selling 16.1 million shares of common stock. The added funds will be used to accelerate the expansion of the Barstool Sportsbook app in multiple...
by Giovanni Shorter | Jun 17, 2020 10:16 am | Sports Betting
Now is the best time to look into trading sports betting stocks as sports begin to mount a comeback. The odds that the stocks for sportsbooks like DraftKings and William Hill see a massive increase in value in the coming months are high. Other gambling entities such...
