Flutter Entertainment has just made a promising announcement, informing its investors of the consideration for a U.S. listing as a publicly traded company, following the footsteps of London and Dublin. After a positive year for the companies rapid growing FanDuel brand, the popular sports betting operator looks to become a key revenue driver for Flutter. Flutters’ Board explained that a U.S. listing would benefit in these ways: Expand their profile in the U.S. Recruitment and staying power for U.S. talent Access to U.S. investors and greater capital markets Increase the overall liquidity of Flutter shares The ability to acquire a U.S. listing Quoted on CNBC – Jeffrey Kamys, Chief Investment Strategist for the iBet ETF spoke about decline hurting a lot of gaming companies but […]

The expectations were right as new numbers show Super Bowl 57 was the most wagered on Super Bowl in history. Numbers from GeoComply show 100 millions sports betting transactions were placed of Super Bowl weekend, a 25% increase on last year. Arizona saw great numbers as the host of the big game, totaling over 100,000 transactions around State Farm Stadium and the Glendale area. FanDuel was estimated to handle over 17 million bets with  its peak repacking 50,000 bets placed a second with 2 million users on its app through the course of the game. Betting was just as packed in Las Vegas with MGM Resorts breaking a company record for Super Bowl handle across its nine retail sportsbooks and the BetMGM app. DraftKings posted […]

Illinois has been making huge numbers in 2022, almost reaching $10 billion in legal sportsbooks handle and their new December numbers mark their third consecutive month of $1 billion in sports betting handle. This makes them just the fourth state with a billion dollar handle after New York, New Jersey, and Nevada. The total handle for 2022 was $9,751,301,251 ranking it the third highest in the U.S. The numbers also show an increase of sports betting handle by 82% since August which has $565 million. Illinois ranked second in gross gaming revenue with over $806 million. Overall the Prairie State has shown that its here to stay showing positive growth throughout 2022 and breaking the one billion mark multiple times.