BetMGM

The sports betting market continues to see new players emerge as casino and sports-related companies look to take advantage of the growing market. With the increased number of players, it becomes likely consolidation will happen. It has already started in 2021 and looks ready to heat up,...

A popular sports betting wager is a parlay where a user can place a wager on multiple outcomes all happening. The strategy creates a high risk, high reward situation in most cases with all “legs” of the parlay having to hit for the wager to pay out. The second week of the NFL...

The Inspiration4 spent three days in space and became the first all civilian space mission. The flight had a goal of raising $200 million to fight childhood cancer and support St. Jude’s Children’s Hospital. Here’s how the flight surpassed that goal. What Happened: The...

A leader in the sports betting space could be a long-term winner with a unique approach to acquiring and retaining customers. Marketing Approach: Barstool Sportsbook, which is partially owned by Penn National Gaming (NASDAQ: PENN), utilizes a rent vs. buy strategy. “We are the marketing,...

For the first time ever, wagers were placed with a sports betting platform from outer space. What Happened: Jared Isaacman, the founder and CEO of Shift4Payments Inc (NYSE: FOUR), is one of four civilians that is in space aboard the Inspiration4. Isaacman is serving as the mission...

Early data for the first week of the National Football League season shows a large increase from the prior year with more states having legalized betting in place. What Happened: The 2021 NFL season kicked off with 27 states having legalized online sports betting, according to Action Network....

Casino stocks traded down on Tuesday with concerns over how China will regulate casinos in the Macau region. The relationship between casino traffic during and after the COVID-19 pandemic and international relations are having an impact on share prices of stocks. This leads to an important topic...

The highly anticipated boxing match between Jake Paul and Tyrone Woodley took place Sunday night. Here’s a look at how the boxing match went and how a wager on Paul would have paid out. What Happened: Paul was named the winner of the match via split decision. Paul moves his boxing record to 4...

A new study from PlayUSA.com revealed an estimate for the amount of money consumers will wager on National Football League and college football games in the upcoming 2021-2022 season. What Happened: PlayUSA estimates $20 billion in bets will be made for the upcoming football season,...

Six months after launching online sports betting, the Michigan market had wagers of $1.69 billion in July, making it one of the top states in the country. Here is a look at the top names for online sports betting and online casino in the state of Michigan. What Happened: Data for the month of July...

One of the most anticipated states to bring online sports betting to its residents remains New York. The state is in the middle of receiving bids from parties for a license, a process that could now get messy with the resignation of Gov. Andrew Cuomo. What Happened: Cuomo favored a...

The Canadian Senate has passed Bill C-218 approving single event sports betting in the country. The bill received 57 votes for, 20 against and five abstained votes. The bill will become law in the coming days, according to Senator David Wells. Industry experts expect sports betting to be...

The state of Michigan is considered key for the online sports betting market as the most populous state where operations have launched. The state has 12 online sports betting operators. Here's a look at the May sports betting figures for the Great Lakes State.  Related Link:...

One of the greatest hockey players of all time is partnering with a sports betting company. What Happened: BetMGM, a joint venture from MGM Resorts International (NYSE: MGM) and Entain, announced the addition of Wayne Gretzky as a brand ambassador. Gretzky is signing a multi-year deal to be a brand...

The rise of sports betting and more states legalizing betting has caused sports leagues to change their thoughts on how to cover the market. What Happened: On Thursday, NBA Digital announced a new vertical called NBABet. Betting-focused content will be added to NBA.com, the NBA app and through the...