Flutter Entertainment, which owns Leeds-based Sky Betting and Gaming, has reported a 27% revenue rise to $3.2bn/£2.5bn (Q3 2023: $2.6bn/£2bn) in its third quarter 2024 results. Average monthly player numbers were up 16% in the same period, from 11.1 million to 12.9 million. The business also recorded a pre-tax loss of $130m/£102m (Q3 2023: $273m/£214.3m...
Category: Sports
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Betting Sites Without Limits – Gigslutz
If you are a sports betting enthusiast, you probably know, or have heard that it is not always possible to place bets with amounts exceeding a certain figure. The reason is relatively simple: British sites, or those with a regular UK license, tend to take gambling addiction policies very seriously, imposing betting limits that are...
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Flutter execs tout Q3 with an eye to new markets in US, Brazil in 2025
With an eye toward launching two new North American wagering markets in 2025, Flutter Entertainment today (12 November) released “excellent Q3” results around the world. During the third-quarter earnings call, Flutter CEO Peter Jackson opened by calling the quarter “very strong for the group and once again ahead of market expectations.” The headline number is...
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Investigation opens after Argentine YouTuber plays
The Argentine justice department launched an investigation on Tuesday into potential links to illegal sports betting after top-flight side Deportivo Riestra fielded an influencer in their 1-1 draw with leaders Velez Sarsfield. Riestra started Ivan Buhajeruk, who is better known as “Spreen” and has more than 7 million subscribers on YouTube, as a striker before...
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TKO President Mark Shapiro Addresses Prospect Of Gambling On WWE – Wrestling Inc.
Andrew Toth/Getty Images Sports betting platforms have yet to receive approval to offer wagers on WWE events, as the idea has become a grey area in recent years. Some believe that there is no harm in betting on professional wrestling, due to other forms of entertainment such...
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Mike Tyson vs. Jake Paul fight odds: Betting lines for Netflix boxing match
Biggest questions surrounding Mike Tyson and Jake Paul’s upcoming fight With the wait nearly over, USA TODAY Sports’ Josh Peter breaks down the biggest questions fans are asking ahead of the fight between Mike Tyson and Jake Paul. Sports Pulse Former undisputed heavyweight champion Mike Tyson is all set to lock horns with YouTuber-turned-professional boxer...
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Is Sports Betting The New Threat To Your Financial Wellness?
Shocked young man sitting on sofa at home with phone in hands and looking worriedly at screen. Lost … [+] money in online games, betting, bankruptcy, fraud. getty We are in the middle of what I like to call “peak sports.” At the time this will be posted, Major League Baseball and the WNBA will...
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How women are breaking through in the sports betting industry
Sports betting has become an inescapable and integral part of the sports viewing experience. A 2018 Supreme Court decision opened the door for states nationwide to legalize sports gambling. Teams, leagues and broadcasters have gone all-in on it ever since, with betting companies as key sponsors, gambling segments on pregame shows and even sportsbooks inside...
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New Bet365 bonus code “SYRACUSE″: Exclusive $1K+ sports betting deal now available
As of Tuesday, November 12th, 2024, the Bet365 bonus code “SYRACUSE” offers a $1,000+ welcome bonus, perfectly timed for an action-packed night in sports with college basketball and NBA games. Available to new users in AZ, CO, IA, IN, LA, KY, NC, NJ, OH, PA, and VA, this Bet365 bonus code is ideal for enjoying...
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Flutter beats expectations as revenues rise by 27% in quarter
Strong demand for sports betting in the US at the start of the National Football League season helped Flutter Entertainment surpass analyst expectations to report 27 per cent quarterly sales growth. The world’s largest online betting company, which moved its primary listing from London to New York this year, recorded revenue of $3.25 billion for...
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Genius Sports Shares Jump, Buoyed by NFL In-Play Betting
Genius Sports reported third quarter revenue of $120 million and net income of $0.05 a share, each of which beat Wall Street consensus, rallying shares up 20% at the start of trading Tuesday. The sports and advertising data and analytics business said sales rose 18% in the period, ending Sept. 30. Particularly strong was Europe,...
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Ex-FanDuel Co-Founders Launch Crypto Sportsbook BetHog Amid Trump Bump
Two ex-FanDuel co-founders are launching a crypto sportsbook (Photo illustration by Chesnot/Getty … [+] Images). Getty Images On the heels of President elect Donald Trump’s resounding win last week, bitcoin bolted past $85,000 for the first time on record, amid expectations for a looser regulatory environment in the new administration. With the resurgence in the...