Analysis: New York’s sports betting success sets a dangerous precedent
Since the January debut of mobile sports betting, New York has posted some impressive handle and revenue numbers. New York is one of the newest mobile betting states in the country and already making its mark as one of the top-performing states in the nation. And not just because of its population. New York is […]
Kambi increases revenue and profits, why aren’t investors noticing?
In its recently released annual report, Kambi reported revenue of €162.4 million in 2021, a 38% year-over-year increase, while its operating profit grew by more than twice that amount, 77%. These numbers stand in stark contrast to Kambi’s stock performance, which took a beating following the company’s loss of two sports betting partners – Mohegan Sun […]
US sports betting is a race between tortoises and hares
It’s been nearly four years since the Supreme Court repealed the Professional and Amateur Sports Protection Act (PASPA) and opened the door for legal sports betting. The US has become a focal point for the sports betting world, with every legislative advancement, operator launch, and revenue report scrutinized like the Zapruder film. That (over)analysis has […]
Is the US online gambling market pricing some companies out?
The U.S. sports betting market is proving to be a costly and potentially unsustainable vertical for many gambling companies. And the burdens are coming from all directions. First, operators must deal with the unavoidable lobbying, compliance, market access, and infrastructure costs that are byproducts of the fractured (50-state) U.S. market. Then there are the licensing and […]
The Handle: spring football and gambling
The Handle is a regular newsletter dedicated to providing the best insights in gaming news. To get The Handle delivered to your inbox, subscribe here. This week’s article was inspired by our desire to see success for a professional Spring Football League, both as sports fans and gamblers. We’re partial to all of the leagues that […]