NFL season expected to spur record $35 billion in legal sports wagers

Joe Milton III #19 of the New England Patriots scrambles from the pressure of Kyu Blu Kelly #36 of the Washington Commanders during the third quarter of a preseason game at Commanders Field on August 25, 2024 in Landover, Maryland.Scott Taetsch | Getty Images Sport | Getty ImagesFootball is...

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DraftKings reverses plans for a user tax as FanDuel wows Wall Street

Flutter reported phenomenal second-quarter earnings this week, wowing investors and sending shares up about 8% Wednesday as the company's FanDuel betting platform captures market share and grows revenue dramatically, even in well established states with sports betting and online gaming.But it was the declaration that FanDuel will not add...

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Casinos face shareholder votes over indoor smoking

A new strategy has emerged in the battle to ban smoking in casinos: the shareholder vote.Shareholders at Boyd Gaming, Bally's Entertainment and Caesars Entertainment will put on the ballot at the respective casino companies proposals to force them to study the costs associated with permitting smoking indoors — and...

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Largest U.S. sportsbooks join forces to tackle problem gambling

Seven of the nation's largest gaming companies are joining forces to create a trade group to promote responsible gaming, and for the first time ever, will share information about problem gamblers.The seven operators — FanDuel, DraftKings, BetMGM, Penn Entertainment, Fanatics Betting & Gaming, Hard Rock Digital and bet365 —...

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