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Could Online Sports Betting Stocks Get a Bump in 2023?

Could Online Sports Betting Stocks Get a Bump in 2023?

Assuming that the U.S. economy manages to avert a recession in 2023, Wall Street analysts are projecting sizeable gains in U.S. sportsbook share prices. Are operators of online sports betting sites due for a rebound in their stock prices in 2023? With the S&P 500 headed for its worst year since 2008 - down by more than 20% for 2022 as of Wednesday…
NFL
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What Does the FanDuel Arbitration Decision Mean for Sports Bettors?

What Does the FanDuel Arbitration Decision Mean for Sports Bettors?

The recently announced ruling could signal the end is nigh for FOX Bet, although the online sportsbook may have a few more outs. A long-running dispute involving one of the leading online sports betting sites in the United States is nearly resolved in a way that could lead the operator to greater independence - but it could also signal the…
NFL
FanDuel In Dominant Position In NY Market

FanDuel In Dominant Position In NY Market

As the end of New York's first year of legal sports betting approaches, a clear market leader has emerged. FanDuel, buoyed by a stubbornly high hold rate, has become the dominant player in New York sports betting. The company has grabbed nearly half of the market share in a state that has generated $12.97 billion in handle and $1.06 billion in…
NFL
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UK Generates Over 16.41 Billion Revenue From Online Betting

UK Generates Over 16.41 Billion Revenue From Online Betting

With the globalization of the internet, the gambling industry has seen a rapid growth in online gambling market. This growth is being driven by the increasing availability of internet access, the proliferation of mobile devices, and the rise of social media. Moreover, online gambling is convenient, accessible, and offers a wide variety of games and…
Horse Racing
Sports Betting Market Gaining Huge Acceptance with 12.4% Annual Growth, Current Market at $84.6 billion: Says Market Decipher

Sports Betting Market Gaining Huge Acceptance with 12.4% Annual Growth, Current Market at $84.6 billion: Says Market Decipher

PUNE, India, Sept. 22, 2022 /PRNewswire/ -- The New Report " Global Sports Betting Market Size, Statistics, Trend Analysis, and Forecast Report, 2022 - 2032 " estimates the Global Sports Betting Market size at U.S. $84.6 Billion in 2022 (year-end adjusted data) and forecasting to reach U.S. $288.2 Billion by 2032. The fastest growing regions…
Horse Racing
Ohio Sports Betting: Books Start Rolling out Bonuses Ahead of Launch

Ohio Sports Betting: Books Start Rolling out Bonuses Ahead of Launch

There are only so many territories of consequence left for companies to break into in the U.S., and Ohio is the seventh-most populous state in the country, teeing it up as a major battleground for operators. The fight to acquire Ohio sports betting customers is already underway, with at least one operator unveiling a pre-launch bonus well before…
NFL