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Australian sportsbook operator BlueBet said it’s withdrawing from the US market to focus on its sports betting business in its home country. An image from a BlueBet commercial. The company announced it’s leaving the US sports betting market. (Image: YouTube) The gaming company made the decision as part of its strategic review of its US …

Rush Street Interactive announced the launch of its new rewards platform, iRush Rewards, on Monday. The new program is aimed at making it easier for bettors to earn and redeem points, and to more readily identify what their current status is. A Rush Street Interactive advertisement. The company unveiled a new rewards program on Monday. …

On Thursday, the NFL extended its partnership with the National Council on Problem Gambling (NCPG) with a second multimillion-dollar donation. The NFL has extended its funding of the National Council on Problem Gambling with a $6.4 million pledge. The money will be used to strengthen programs designed to minimize problem gambling harms. (Image: Casino.org) The …

Sports wagering stocks, including DraftKings (NASDAQ: DKNG), are a relatively young asset class, but youth aside, the group is subject to clear seasonal trends. Those include the start of football season often acting as catalyst. A DraftKings billboard appears at Times Square in New York City. Analysts remain bullish on the stock and view football …

Notre Dame’s athletics department on Thursday banned its men’s swimming team for one year for violating NCAA and the school’s sports gambling rules. The University of Notre Dame has suspended its men’s swimming team for a season after an investigation determined that a majority of the team’s swimmers participated in a rogue sports betting pool. …

Shares of DraftKings (NASDAQ: DKNG) closed higher by almost 2% Wednesday on volume that was more than double the daily average after the company reversed course on a previously announced plan to tax winning sports bets in four high-tax states. DraftKings stock is highlighted at the Nasdaq market site in New York City. Analysts defended …

DraftKings’ (NASDAQ: DKNG) recently announced surcharge on winning sports bets in four states could generate up to $270 million in added gross gaming revenue, according to an estimate by Eilers & Krejcik Gaming (EKG). Inside DraftKings’ Nevada office. The company’s surcharge plan could be a revenue generator, but it carries risks, says a research firm. …

Kentucky-based Churchill Downs, Inc. is putting the finishing touches on its $460 million gaming resort in Virginia’s Dumfries. In anticipation of its impending opening, Churchill Downs is aggressively marketing the casino to residents in affluent Northern Virginia. An aerial view of The Rose Gaming Resort, a $460 million development from Churchill Downs. The casino, which …

Broadly speaking, it’s been a rough year for gaming equities, including those that came public via reverse mergers with special purpose acquisition companies (SPACs), but Codere Online Luxembourg (NASDAQ: CDRO) stands out. Codere’s sign when it launched on NASDAQ in December 2021. The stock is one of this year’s top performers among de-SPACed gaming names. …

Caesars Entertainment brass revealed during the company’s Tuesday evening call with investors and analysts that it will soon deploy its Horseshoe brand online. Caesars Entertainment will launch its next online casino brand by way of Michigan in September 2024. Company officials said this week the Horseshoe brand is moving to the internet. (Image: Caesars Entertainment) …