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Month: February 2023

32 Results / Page 4 of 4


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Record Betting Handle Expected for Super Bowl 57

February 7, 2023

The American Gaming Association (AGA) predicted last year that 31.4 million Americans would wager $7.61 billion on the Super Bowl across all sports betting sites, including offshore sportsbooks. When the AGA releases their report next week, those estimates are expected to set new records. With more states legalizing sports betting […]

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Penn Online Gaming in the Black

February 7, 2023

For the first time in the history of the company, Penn stated that its online casino gaming and sports betting division generated a profit in the fourth quarter of 2022. Penn joins FanDuel parent firm Flutter Entertainment as the only significant US sports betting company to claim a profitable quarter […]

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DraftKings Employment Cuts

February 7, 2023

140 employees at DraftKings have been let go. The US operator acknowledged that the roles had been “eliminated” as a result of an internal restructuring meant to maintain compensation costs constant year over year. Ukrainian-based employees of DraftKings were affected by the layoffs, which mostly affected the company’s Eastern European […]

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