Smarkets Funding Round: Susquehanna Growth Equity Investment

Smarkets Funding Round: Susquehanna Growth Equity Investment

Smarkets is best known as a sports betting exchange, but with exchange betting unviable in the US for the foreseeable future, the company operates as a traditional sportsbook in the US under the SBK brand. It’s been a slow slog for Smarkets in the US. SBK Sportsbook currently offers sports betting in Colorado, with plans…

Nielsen Report: US Online Gambling Advertising Boosts TV Revenue

Nielsen Report: US Online Gambling Advertising Boosts TV Revenue

The local TV industry is one of the biggest winners of the 2018 Supreme Court verdict that lifted a ban on sports betting in the United States. According to ad-spend data released by Nielsen, money spent on online gambling advertising on TV has ballooned since the repeal of PASPA, as the number of states with…

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