DraftKings Stock Dips On Mixed Bag Of Q2 Results, With $71 Million In Revenue
DraftKings beat revenue forecasts but posted a worse-than-expected $161 million net loss during the second quarter. Read More
Posted on: August 14, 2020 |
Betsson Ready To Go Head-to-Head With Kambi For US Sportsbook Deals
Betsson CEO Pontus Lindwall tells LSR how the company aims to build out its B2B profile in the burgeoning US sportsbook market. Read More
Posted on: August 14, 2020 |
What Happened To Illinois Golf Betting Markets?
Illinois golf betting has been down for two weeks as regulators address integrity concerns about players who aren't earning enough to cover tournament expenses. Read More
Posted on: August 12, 2020 |
Investors: Was Kambi Too Soft On DraftKings Migration Deal?
Kambi and DraftKings recently announced the terms of their termination agreement but some Kambi investors were not happy with the outcome. Read More
Posted on: August 11, 2020 |
This Media Giant Just Made A $1 Billion Bet on MGM’s Online Potential
Nasdaq-listed IAC says MGM is a "once in a decade" investment opportunity thanks to the potential for its nascent online gambling business. Read More
Posted on: August 10, 2020 |
Is A US Listing On the Way? Five Things We Learned From William Hill H1 Results
William Hill shares rise amid optimism around the future of its US sports betting bsuiness and strong staking levels with the return of sports. Read More
Posted on: August 6, 2020 |
LSR Q+A: How FanDuel Will Run Dual-Brand Strategy Alongside Fox Bet
Legal Sports Report caught up with FanDuel Group president and temporary Fox Bet chief Kip Levin to discuss how the group will balance two brands in the US. Read More
Posted on: August 5, 2020 |
Third Illinois Sports Betting Option Appears As Leagues Begin Restart
The new William Hill book opened this weekend at the Caesars’ property Grand Victoria Casino Elgin, around 40 miles outside of Chicago. Read More
Posted on: August 3, 2020 |
DraftKings Preps For SBTech Platform Move With New US Trading Head
Massachussetts-based DraftKings is looking to build out its trading capabilities ahead of the migration to its own platform in the second half of 2021. Read More
Posted on: August 3, 2020 |
TheScore Bet Losses Deepen In Q2 But Baseball’s Return Sparks Optimism
TheScore posted a near $7 million EBITDA loss in Q2, but the rerturn of baseball saw near record betting volumes on theScore Bet. Read More
Posted on: July 29, 2020 |