FanDuel float could be ‘sector re-rating catalyst’
Summary: A US listing of FanDuel business could provide a boost to the valuation of not only UK-listed parent company Flutter Entertainment but the whole US sports betting sector said the team at CBRE. Why it matters: Stocks related to sports betting have suffered a mauling of late but adding the market leader to the […]
Parx secures Ohio OSB access through PGA Memorial Tournament
Summary: The betPARX online sports betting platform will launch in Ohio, in partnership with the PGA Tour’s Memorial Tournament. The agreement also names betPARX as an Official Sports Betting Operator of the PGA Tour. Why it matters: The partnership allows Parx to expand its online sportsbook operations to the Ohio market. The Memorial Tournament and […]
Rush Street Gaming announces CEO succession plan
Summary: Rush Street Gaming co-founder Greg Carlin will step down May 1 and be replaced by long-term company executive Tim Drehkoff, the company announced Wednesday. Why it matters: Carlin was with the company as it developed Rush Street Interactive, the partner online sports betting and casino gaming arm and parent of BetRivers and PlaySugarHouse.The transition […]
CBS Des Moines affiliate on March Madness betting in Iowa
Iowans hope to cash in on March Madness as sports betting hits record highs2:33Iowans hope to cash in on March Madness as sports betting hits record highsMar. 14, 2022Uploaded by KCCI
Rivalry CEO focused on esports customer acquisition strategy
Summary: Approved Ontario online gambling operator Rivalry Corp is looking to focus on esports over sports betting for its customer acquisition strategy. Rivalry CEO Steven Salz alluded to that approach in comments on the Beninga Live show Monday. Why it matters: Rivalry is one of 14 operators currently approved for launch in Ontario, and an […]