Same-game parlays penetration strong at Flutter
Flutter says FanDuel doing well in same-game parlays”What we’ve seen in other markets is positive developments in parlay products and US punters seem to really love it.” – Jonathan Hill, CFO, Flutter EntertainmentMay 4, 2022
Flutter sees 45% Q1 boost to FanDuel revenues
Summary: FanDuel parent, the UK-listed Flutter Entertainment, said first-quarter revenues rose 45% to $429 – but the company said it could have been $130m better if it weren’t for below-average hold in the first three months of the year. Why it matters: There was no mention of losses in the statement – UK listing rules […]
MLB looks to capitalize on sports betting
How MLB hopes to capitalize on sports betting“While the different professional sports leagues approached sports betting at different paces, they’ve all fully embraced the notion of sports betting today. The NFL and its teams may have more partnerships with sports betting companies than their MLB counterparts, but that doesn’t mean that Major League Baseball and […]
Tribal panel: IGRA is a roadblock to online gambling
Summary: During a panel discussion at the Indian Gaming Association conference, former National Indian Gaming Commission (NIGC) Chairman Jonodev Chaudhuri lambasted the 1988 Indian Gaming Regulatory Act, saying tribal gaming is succeeding “despite not because of IGRA.” Why it matters: The expansion of online sports betting has placed many tribes between the proverbial rock and […]
Sportradar detects record number of suspicious events
@kihl_lisa: Sportradar report, the UFDS detected a record-high 903 suspicious matches across ten different sports in 76 different countries. The previous high had come in 2019 with 882 suspicious matches.https://t.co/ygmm4CqwWl