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Is FanDuel Looking to Start its Own TV Network?

FanDuel is in the process of re-branding its TVG racing channel into a full-time watch-and-wager network that's broadcasting 24 hours a day. It's a big move that would likely spur other US-facing sportsbooks to similarly up their broadcast/streaming game in a significant manner. FanDuel's move towards more broadcasting was first reported on by Legal Sports…

May 2022 Was the Second Most Profitable Month for US Gambling, Ever

The American Gaming Association (AGA) is reporting that May 2022 was the US gaming industry's second most profitable month, ever. That's good news for an industry that's been battered by Covid and buoyed by regulated sports betting in a roller coaster of a decade. For the month, the collective US gaming industry chalked up $5.1…

Kindred Group Maintain 3.3 Percent Harmful Gambling Rate

The Kindred Group is reporting that its revenue derived from harmful gambling has held steady in Q2 2022 at 3.3 percent. Company officials are crediting the stabilization to a partnership with QuitGamble.com, as well as multiple in-house efforts. Like most other responsible operators, the Kindred Group is keen on getting problem gamblers the help they…

FanDuel CEO Says ‘No’ to College Campuses

One of the least surprising aspects of regulated sports betting in the United States is its popularity on college campuses. And while college students are an attractive demographic for operators, there are also some real ethical concerns about marketing to young adults, concerns that have made FanDuel CEO Amy Howe eschew marketing to college campuses…

Stake.com Inks ‘Highest Ever’ Jersey Deal with Everton FC

Stake.com and Everton FC have announced what they are calling the team's "highest ever" front-of-jersey sponsorship deal. Team officials say that the deal is the biggest sponsorship in the team's 144-year history and marks a new era in improved revenue for the organization. Just exactly how big the "highest ever" sponsorship deal for the Everton…

Caesars Entertainment Ready to Drop $200 Million on Atlantic City Renovations

Caesars Entertainment is getting ready to spend some significant cash on its Atlantic City properties. Earlier this week, the gaming operator announced that it will be spending $200 million on renovations to its namesake AC property and another $200 million sprucing up the Atlantic City Harrah's and Tropicana. A big chunk of the $200 million…