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DraftKings, FanDuel Bolt from AGA Over Prediction Markets Feud

In a stunning shake-up that's rocking the gambling world, DraftKings and FanDuel have abruptly quit the American Gaming Association after a heated debate on prediction markets. This split exposes deep rifts in how the industry views betting's future, leaving fans and operators wondering what's next for sports wagering. The bombshell dropped on Monday during the American…

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sports betting Flutter Entertainment stock market graph

Sports Betting Margins Surge to Record Levels, Says Jefferies Analyst

Flutter-backed results drive optimism after long losing streak for bookmakers After months of sweating it out, bookmakers have finally found some breathing room. According to Jefferies Equity Research analyst James Wheatcroft, sports betting margins in the second quarter are tracking at all-time highs—offering a rare win for the sector following several quarters of bruising results.…

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Pennsylvania gambling revenue February 2024

Pennsylvania Reports $477 Million in February Gambling Revenue, Showing a 4.3% Year-over-Year Drop

The Pennsylvania Gaming Control Board released its February revenue figures this Tuesday, revealing that the state’s gambling sector generated $477.2 million, a 4.3% decline from the same month last year. Hollywood Casino at Penn National Race Course in Grantville emerged as the top performer in February, with revenue of $89.5 million. However, this was a…

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