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Stories Tagged as

Online gambling

ESPN enters the competitive world of online sports gambling

by Kristin Schwab
Nov 14, 2023
The company hopes to win a piece of the nearly $85 billion global sports betting market, now dominated by DraftKings and FanDuel.
ESPN Bet will be able to offer something other betting apps can't: media content from ESPN. But that doesn't ensure success.
Laurens Lindhout/Soccrates/Getty Images
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Tax revenue vs. temptation: Legalized online sports betting creates a dilemma for problem gamblers

by Andy Uhler
Sep 6, 2022
Where mobile betting is legal, it accounts for 90% of all wagers, one expert says. Do the pros outweigh the cons?
“Americans have always bet on sports," says John Holden of Oklahoma State University.
Roslan Rahman/AFP via Getty Images
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The gambling industry is seeing historic revenue numbers

by Kristin Schwab
May 13, 2022
Pent up demand and the expansion of online gambling and sports betting are giving the industry a boost.
Casinos are putting up pre-pandemic numbers.
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Shelf Life

The "Billion Dollar Fantasy" that propelled FanDuel and DraftKings

by Albert Chen
Sep 11, 2019
The story behind the rise of fantasy sports startups FanDuel and DraftKings, and their battle against each other.
The fantasy sports website FanDuel.
Scott Olson/Getty Images
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Regulators in Kenya concerned about growing popularity of online gambling

by Halima Gikandi
May 31, 2019
Mobile phones are allowing ordinary Kenyans to try their luck on sports gambling.
A billboard advertising a popular sports betting site is seen along a highway in Nairobi, on November 8, 2017.
ONY KARUMBA/AFP/Getty Images
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Marketplace Tech Blogs

Now that states can legalize sports betting, venture capital wants in

by Molly Wood
Apr 8, 2019
One investor says sports bets could evolve into a different type of asset.
Sports Adviser Stuart Feiner, who was portrayed by actor Al Pacino in the film "Two for the Money," displays his betting tickets on Major League Baseball at Dover Downs Casino on June 5, 2018 in Dover, Delaware.
Mark Makela/Getty Images
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Mobile phones could make sports betting more accessible — and addictive

by Adrian Ma
Jul 10, 2018
Experts caution that widely available and accessible sports betting on mobile phones could lead to an increase in gambling addiction.
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Final Note

All bets are off for DraftKings and FanDuel in New York

by Molly Wood
Mar 21, 2016
The gambling sites are waiting out for a possible bill in their favor
Both companies are under investigation in multiple states. 
Scott Olson/Getty Images
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Sports channels tap fantasy games for new content

by Kimberly Adams
Jul 27, 2015
Investors are pouring money into online sites like DraftKings.
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My money story: Boom and bust, at the blackjack table

by Eliza Mills
Jan 30, 2015
A story of one very lucky hand.
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