Empire State operators strike back after rough June with 11.4% win rate as part of record month The post New York sportsbooks reach new summer heights with $214m in July GGR first appeared on EGR North America.
Jay Snowden says the operator was anticipating an “aggressive” and “irrational” market for customer acquisition due to prediction market platforms competing for online sports betting consumers The post PENN Entertainment braced for NFL customer acquisition “arms race,” says CEO first appeared on EGR North America.
Jason Robins suggests swapping Kambi for SBTech following the 2020 acquisition of the supplier serves as a blueprint for the operator’s prediction markets ambitions The post DraftKings CEO: In-house predictions push the “same story” as OSB playbook first appeared on EGR North America.
Cash Eruption keeps top spot in the US, while Gates of Olympus maintains first place in Canada as rivals play catch up The post Slots Tracker: IGT and Pragmatic Play hold on to gold medals first appeared on EGR North America.
FanDuel Predicts to move away from CME Group in bid for faster product rollout, with management claiming the “slower than planned” H1 is now giving way to “really good progress” on its prediction market product The post Flutter to shift all sports and novelty contracts to Crypto.com exchange first appeared on EGR North America.
Wildfire event contracts in the spotlight this week as California tribes eye sports betting referendum and Kalshi faces a double court setback in New York The post Regulation roundup: California, New York, Ohio and more first appeared on EGR North America.
Reshuffle at the top comes after the FanDuel parent company’s share price plunges more than 60% in the past 12 months amid growing threat of prediction markets The post Dan Taylor to replace Peter Jackson as group CEO at Flutter first appeared on EGR North America.
Prediction market’s US platform plugs in official sports data, live match streaming, and integrity services under new agreement The post Polymarket pens data and streaming tie-up with Genius Sports amid $20bn valuation rumours first appeared on EGR North America.
George Santos reaches agreement with the derivatives regulator to close the door on investigation into claims he profited from a Kalshi market regarding his appearance at the State of the Union address The post Former US congressman settles CFTC market manipulation case for $35,000 first appeared on EGR North America.
Lawsuit from Governor Kathy Hochul and Attorney General Letita James says prediction market is an illegal operation that “exposes New Yorkers to serious personal and financial risk” The post New York launches $36bn legal action accusing Kalshi of breaching gambling laws first appeared on EGR North America.