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Fantasy Sports

Scout Gaming Group

Scout Gaming CEO Andreas Ternström resigns

Stockholm-listed B2B fantasy sports provider Scout Gaming has confirmed the immediate departure of CEO and president Andreas Ternström.

Ternström has served as CEO since June 2016, [...]

2 mins read
Scout Gaming Group

Scout Gaming shares slump following Q1 revenue decline

Stockholm-listed fantasy sports provider Scout Gaming has reported a 10 per cent drop in total revenue to SEK12.0m for the first quarter of 2022.

Results were [...]

1 min read
FanDuel sportsbook

FanDuel names Andrew Sheh as new chief technology officer

Flutter Entertainment-owned FanDuel Group has appointed former real estate tech executive Andrew Sheh as its new chief technology officer.

Joining the company’s senior leadership team, Sheh [...]

2 mins read

Sports betting and iGaming drive Pennsylvania growth in April

Pennsylvania’s licensed betting and gaming operators recorded another strong month as total revenue from all forms of gambling rose 14 per cent to $461.6m.

April’s total [...]

1 min read
DraftKings

DraftKings widens Q1 loss amid ongoing US expansion

DraftKings has reported a 34 per cent increase in revenue to $417.20m for the first quarter of 2022, with growth in online gaming and sports [...]

1 min read
DraftKings

DraftKings completes acquisition of Golden Nugget Online Gaming

New York-listed betting and gaming operator DraftKings has completed its acquisition of Golden Nugget Online Gaming (GNOG).

The acquisition, first announced in August, is valued at [...]

2 mins read
Arizona

Arizona sports wagers hit record monthly high in January

Arizona’s licensed retail and online sportsbook operators enjoyed a record month in January 2022 as total sports wagers reached $563.7m.

Wagers at the state’s 12 operational [...]

1 min read
Pennsylvania

Pennsylvania gambling market grows 24% in February despite sports betting hit

Pennsylvania’s licensed casinos saw total revenue from all forms of betting and gaming increase to $375.7m in February 2022, despite incurring a loss from sports [...]

1 min read

Kentucky online poker, sports betting and fantasy sports bill back in play

Kentucky Senator David Yates has introduced a bill that would license and regulate online poker, sports betting, and fantasy sports contests in the commonwealth.

The bill [...]

1 min read
Alaska State Capitol

Alaska online sports betting bill introduced

Alaska Representative Adam Wool has introduced legislation to regulate online sports betting and fantasy sports contests in the state.

The proposed legislation was introduced Tuesday (Feb. [...]

1 min read

Record January for Pennsylvania’s licensed iGaming operators

Pennsylvania’s regulated betting and gaming market grew by 26 per cent in January 2022, buoyed by a record monthly performance from iGaming.

Total gaming revenue rose [...]

1 min read
DraftKings

DraftKings shares slump despite strong 2021 revenue growth

New York-listed betting and gaming operator DraftKings has posted a net loss of $1.5bn for 2021, despite seeing full year revenue more than double to [...]

1 min read
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