DraftKings Settles Years Long Class Action Lawsuit
After being the subject of numerous lawsuits that date back more than five years, DraftKings is putting some longstanding legal issues behind it.
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Financial Institutions Wary Of Processing Online Gambling Transactions
From online lotteries to mobile sports apps, legal online gambling is becoming widely available in the US. But one critical part of the structure hasn’t kept pace with legalization: online gambling payment processing.
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EPIC Risk Management Problem Gambling Survey
There has been no shortage of news during Problem Gambling Awareness Month. The latest development on the responsible gambling front is a long-overdue national problem gambling survey.
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Monumental’s Ted Leonsis Continues To Tout Esports Betting
Ted Leonsis said what was to be expected about his excitement over the sports-betting opportunity in a recent interview. But it was his comments about esports betting that are perhaps more informative.
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Bettor Safe: Conscious Gaming Online Gambling Education Tool
Among the factors tamping down the legal US online gambling industry are consumer awareness and conflation between state-licensed online betting sites and unlicensed offshore betting sites. A new initiative launched this week by Conscious Gaming called Bettor Safe seeks to remedy the situation. The campaign’s key objective is to educate US gamblers on the legality…
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NCPG Problem Gambling Awareness Month: Support Is Growing
For nearly two decades, the National Council on Problem Gambling (NCPG) has designated March as Problem Gambling Awareness Month (PGAM). The campaign coincides with March Madness, which serves as “the backdrop that NCPG and its partners across the country leverage to help raise awareness and create action for those suffering from gambling problems.”
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SportRadar Fraud Detection Services: Offered Free to Leagues
The international sports data and content deliverer, Sportradar, is doing its bit to fight match-fixing around the world. The Swiss-based company will provide its Universal Fraud Detection System (UFDS) free of charge to hundreds of sports leagues and federations who sign up from October this year.
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Kambi Festival of Sportsbook: Schedule and Agenda
Kambi hosts an annual week-long content series dubbed the Festival of Sportsbooks. The 2023 schedule for the virtual content series has not yet been revealed. Dubbed the “Kambi Festival of Sportsbook,” the event is an interesting addition to the usual conference calendar, as it’s the first time (to my knowledge) that a specific company is…
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Sports Betting Integrity A Key Concern At Colleges and Universities
The America East Conference has partnered with Sportradar Integrity Services to help educate the conference’s student-athletes on the new reality of legal sports betting in the US. The news comes on the heels of our recent reporting on EPIC Risk Management’s integrity program that 40-plus colleges and universities are now utilizing.
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The Impact Of Sports Betting Goes Way Beyond Revenue
There’s a lot of talk about the revenue potential of legal US sports betting, but in terms of the overall gambling industry, sports betting is one piece of a much larger puzzle. That said, sports betting’s contributions are difficult to measure, particularly in the retail setting.
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