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In Connecticut, which legalized online sports betting in 2021, 71% of state legal gambling revenue comes from problem or at-risk gamblers—who make up just 7% of residents, a Gemini Research ...
The gambling industry, much like AI, is in the middle of an unprecedented gold rush. In 2018, a US Supreme Court ruling allowed states to legalize sports betting; nearly 40 states since did ...
Sports betting stocks have grown significantly since 2018. That was the year when the U.S. Supreme Court allowed states to legalize (as well as regulate and tax) sports betting. March is a ...
On 2 August 2016, it acquired Grand Parade, the betting and gaming digital solutions company for £13.6 million in cash and shares. [27] In 2018, William Hill was fined £6.2 million by the Gambling Commission for systematic failures regarding anti-money laundering and problem gambling. The operator was found to have accepted large deposits of ...
The same month, the company signed a partnership agreement to provide The McClatchy Company with its data science platform to monetize online sports betting traffic. [12] In February 2022, Gambling.com acquired news publishing company NDC Media for $69 million. [13] The acquisition included buying gambling portal BonusFinder.com. [14]
A betting exchange is a marketplace for customers to bet on the outcome of discrete events. [1] Betting exchanges offer the same opportunities to bet as a bookmaker with a few differences. Gamblers can buy (also known as "back") and sell (also known as "lay") the outcome, and they can trade in real-time throughout the event, either to cut their ...