Business & Financial
DraftKings Founder Waves White Flag in NY....One Year After Saying They Could Achieve a Profit
"One of the most misunderstood elements of our business? State unit economics — how the contribution profit scales and what the underlying drivers are as the state matures. We’re working to simplify what we see under the hood so investors can better understand @DraftKings's moves."
FINEally Returns: Paddy Power is Back, But Not the Way We Would Like to See
If you have followed Gambling911.com over the years, it should be no secret that we really love the Paddy Power ad campaigns that have mostly been placed on the back burner with Flutter taking control of the company.
DraftKings Pushes Taylor Swift NBA Conspiracy Theory
"Swift is traveling the country playing the Eras Tour, tickets are blowing up, and the same goes for the NBA teams that play in the city she performs in."
What Do Alternative Payment Methods Offer to Gamblers?
The gambling industry is a multi-billion pound industry that is constantly evolving. In recent years, there has been a growing trend of using alternative payment methods for gambling. These alternative payment methods offer a number of advantages over traditional payment methods, such as credit cards and debit cards.
GSC Talks Procedure for Customers to Retrieve Funds From Shuttered 5Dimes
With 5Dimes announcing the closure of its site to European customers effective May 30, Gambling911.com's own Thomas Somach reached out to the well-established licensing agency, the Isle of Man Gambling Supervision Commission (GSC), to determine next steps.
Peter Schiff to Speak at London Blockchain Conference
Peter Schiff is a financial commentator, and radio personality. He is CEO and chief global strategist of Euro Pacific Capital Inc.
Circa Million and Circa Survivor Return for 2023: Largest Payout Ever at $14 Million, No Rake
Circa Sports Breaks Own Guarantee Record for Fifth Year of its Popular Professional Football Contests.
Fils Bets Voided By Some Books Following Ymer Striking Umpire
BetMGM was among the books that voided winning moneyline bets on Fils. Some customers of FanDuel report that book graded Fils as a win only to void the bet moments later. But were they right to void the bet?
We Got Ourselves a New Chris Moneymaker 20 Years After Making History
Plus your chance to go to London and play in the world’s highest-stakes poker tourneys against the best players on the planet!
Judge Rules Taking Bets From Grey Market No Big Deal
New York federal district court judge Paul A. Engelmayer has ruled that it is fine for an online sportsbook to take bets from so-called "grey areas" just as long as the business discloses they did so and that information is accurate.
Online Sports Betting vs. Daily Fantasy Sports: What's the Difference?
A recent debate may be riveting and contain some valid points but, as one industry operator recently said, it all comes down to sites like PrizePicks being smart enough to offer a sports betting-like product that doesn't require sportsbook licensing.
They Are Dropping Like Flies at the Kindred Group
Mass exodus reported as CCO and CMO will leave the company in the autumn. They follow other top executives out the door.
Concerns Mount Over Ability to Access 5Dimes Funds After May 29
5Dimes announced on Monday it will be pulling out of the European betting market entirely.
Maine Gambling Control Unit Official: Calls Women 'Bitches', Defends White Nationalists
Milt Champion, head of the Gambling Control Unit in Maine, has been suspended after posting some insensitive comments pertaining to women and African Americans.
5Dimes Shuts Down its European Market
5Dimes will stop accepting wagers effective Monday May 29 at 11:59 pm EST.
Maryland Looks to Require Handicappers, Influencers to Back Their Records
Plus UK lawmakers call for cryptocurrency trading to be regulated. They want the market to be treated as gambling.
Screw the Gamblers Series - Part 1 - DraftKings CEO Details Master Plan
In this newly launched series, Gambling911.com details ways in which gambling firms routinely try to screw over their own customers. Witness in Part 1 of this series, DraftKings CEO, Jason Robins, speaking at the recent Moffett Nathanson's Technology, Media, and Telecom Conference. His focus: The pursuit of higher hold rates....at the expense of customers.
Law Enforcement Detail Sportsbook Customer Account Hackings
The defendant had at least three co-conspirators with 30 of the compromised betting accounts are located within the Southern District of New York.
PointsBet Tweets Out Leaked Doc 'From NBA' Purporting to Show Upcoming Game Outcomes
Nikola Jokic to score 40 point triple double in Game 3 win 5/20/23 (please refer to NBA Referees Game Flow Management document).
Man Charged With Hacking Into DraftKings Accounts This Past November
Federal prosecutors on Thursday announced criminal charges against an 18-year-old Wisconsin man as part of an alleged scheme to hack user accounts for the sports betting website DraftKings.
The Clown Files: Fanatics Free Bet When You Buy Their Merchandise.... What Can Possibly Go Wrong??
Somewhere a village is missing its idiot. Has anyone called the Fanatics marketing office yet?
Harnessing the Powers of AI and Blockchain: Bookmakers Can't Afford to Go Without CombatIQ
An automated system works in place of a person who identifies certain components of a fight such as the number of strikes on the ground.
Sportsbooks Should Consider CombatIQ Now
It's time for online sportsbooks to fully embrace the blockchain, or be left out in the cold.
Indiana Sports Betting: Sites and Selection Criteria
Time to place bets on Indiana sports! Pacers, Fever, Indians, or Colts fans can find the most reputable and licensed sites to place bets securely. In this article, we will discuss Indiana sports betting sites and factors to consider when choosing them. Ready? Let's dive in!
Can't Use Betway From Kenya Any More: What Happened?
This move will be painful for affiliates who have worked extra hard over the years to promote Betway in a marketplace that requires customer volume several times that of Europe or North America....and without any notice.
How to Choose the Right Sportsbook
Choosing the right sportsbook should be like picking the winning team in sports betting, not just a reaction to an ad you come across on the internet or on television. Just as athletes train relentless to achieve greatness, bettors (punters) must invest their time wisely to find the perfect sportsbook match
Fanatics Acquisition of PointsBet as Latter Feared "Hemorrhaging Money" in US
Are the Saudis getting into online sports betting?
This Year's SBC Awards Were the Most Ludicrous Ever: Entain 'Most Socially Responsible' Again?
FanDuel, the premium sponsor of this awards show, received "Best Sportsbook of the Year" and "Best Sponsor"?
Colorado Rapids Soccer Player Suspended for Alleged Role in Global Match Fixing Scheme
Brazil prosecutors charge 16 in the alleged football match-fixing scheme with the Rapids midfielder's name appearing in court documents.
Sports betting Bill Under Negotiation in Minnesota
The Senate State and Local Government and Veterans Committee advanced an amended MN sports betting bill, SF 1949, Wednesday, 8-5. But will that be enough to support the race track industry?
