Sports betting tax rates: operators hope for the best
If there is one issue that is guaranteed to get online sports betting executives complaining it is taxes and if one was to survey the US industry for its biggest…
DraftKings 10-K reveals true levels of loss
“DraftKings has a history of losses and we may continue to incur losses in the future.” So runs the warnings section of DraftKings’ SEC results document. It is a standard…
Morgan Stanley answers investor fears over DraftKings upgrade
Last week, the Morgan Stanley analyst team issued a note on DraftKings where they said they believed the company would be “one of the winners” in what over time is…
Canada sports betting webcast provides contrasting perspectives on B2B and B2C strategies
The webinar hosted by the Canadian financial services firm TMX on the prospects for regulated sports betting in the US and Ontario highlighted key differences in perspectives between B2B and…
New York moves show sector in flux
The launch of PointsBet’s New York offering this week, hot on the heels of BetMGM, means we now have six of the nine possible operators live in the Empire State…