Last Night Not a Good Night For NBA Bettors
Almost none of last night’s NBA matchups went as planned. This season has been a wild ride and, apparently, the roller coaster isn’t ready to come to a stop. The six games played last night showed that even oddsmakers, with all of their tools and experience, are having a difficult time projecting the outcomes. The […]
Read MoreSports gambling panel in New York shows frustration over lack of progress
Since the death of PASPA in 2018, more than 20 states have advanced legislation to introduce sports gambling. New York had all of the pieces in place even before then, having approved legislation in 2013. The framework was added in 2019 to allow land-based sportsbooks, but online alternatives were put on hold. It wasn’t […]
Read MoreThe sports gambling environment in the US is changing rapidly as competition increases
In 2018, there was a major shift in how the world viewed sports gambling. The US Supreme Court overturned the controversial PASPA, which had prevented states from launching their own sports gambling markets since it was enacted in 1992. Since then, a number of states have sought the legalization of sports gambling and the list […]
Read MoreGamenet bemoans lack of license visibility
The top line Group revenues were down 61% to €57m, pre-tax losses were €32.7m compared to profits of €11.7m in Q1 2020. EBITDA was down 73.9% to €11.3m, all figures were caused by lockdowns, the group said. Online accounted for 99.7% of the group’s revenues at €56.9m and growth of more than 100% YoY. Online […]
Read MoreGenius ups guidance, but quiet on NFL costs
Genius Sports Q1 The top line Q1 revenues increased 52% YoY to $53.7m, net operating loss of $5.3m was $2.2m less than in 2020. The group raised its revenue guidance 35% from $190m to $250m-$260m. On a constant currency basis, revenue increased 40% YoY to $15.6m. Genius’s betting technology and content division increased revenue 42% […]
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