Sportsbooks roll out strategy to turn hype around World Cup in the U.S. into soccer betting growth
FanDuel will reward World Cup bettors with instant bet credits for each goal scored in the first four days of the tournament. It has new ad creative featuring U.S. soccer legend Landon Donovan that will air during games on Fox.
Paul Liberman is DraftKings’ builder and problem-solver
DraftKings founders Jason Robins, Matt Kalish and Paul Liberman were in the early stage of forming the company when the web architect they targeted to be its first chief technology officer passed on the job in favor of another startup.
SBJ Betting: Fanatics’ World Cup move
Fanatics is getting into the World Cup via prediction markets, and this makes for a clearer sports betting picture around the event.
Sportsbooks reversing the downward handle trend in April
U.S. sportsbooks are on pace to stem four consecutive months of decline in April, with handle 1% ahead of the same time last year. Maryland, Indiana and Michigan led the way with double-digit percentage gains. Pennsylvania was down 10%.
Fanatics still on the podium, Bet365 on the rise
State regulator reports from the first quarter show no movement in the pecking order of handle share among U.S. sportsbooks competing in most legal jurisdictions, though there was slight widening of some gaps.
Fanatics move clears FIFA’s prediction market haze
When FIFA named then-nascent ADI Predictstreet as the official prediction markets platform for the World Cup early in April, many wondered what that would mean in the U.S., where the federal government’s regulation of event contracts would preclude the Abu Dhabi company from securing a license in ti...
Fanatics strikes deal to offer official World Cup prediction markets in U.S.
Fanatics Markets has landed U.S. rights to offer the official prediction markets of the World Cup, combining with global FIFA rights-holder ADI PredictStreet on a co-branded digital hub that will include tournament news, stats and other in-app content.
Early mover NHL, CFTC strike predictions MOU
The NHL has entered into a memorandum of understanding to work with federal regulators on the oversight of sports prediction markets, agreeing to share information in an effort to police what has emerged as a popular form of sports betting in states that have not legalized it.
Sports business educator Jim Kahler to retire in June
Longtime sports business educator and administrator Jim Kahler will retire as director of the sport and entertainment management program at Cleveland State Univ. at the end of June, with plans to transition to a mix of consulting and philanthropic work.
SBJ Betting: The secret genius of DraftKings’ combined app
DraftKings' "Super App" combined prediction markets with online sportsbooks is a strategy that should cut down on acquisition costs while making it easy for gamblers to bet in any state. Also: Senate looks at integrity, and Kalshi lands in Madison Square Garden.