[ad_1] DraftKings is offering to buy PointsBet Holdings’ U.S. business for $195 million, setting up a battle with sports-merchandise company Fanatics for the online sports-betting assets. [ad_2] Source link
Tag: Gambling Industries
Casino Shares Rise as Auchan Reportedly Joins Merger Talks
[ad_1] Casino shares rose sharply on media reports of a potential merger with hypermarket-operator Auchan, following the end of tie-up discussions with Teract last week. [ad_2] Source link
You Scored With an Online Sports Bet. Do You Owe Taxes?
[ad_1] With the explosion of betting apps in recent years, millions of gamblers have racked up taxable winnings. Their losses, on the other hand, may not be doing them any…
Online Sports Bettors Lose More as Parlays Gain Popularity
[ad_1] As average bettors win less, the gambling companies are winning more. [ad_2] Source link
WSJ News Exclusive | Fanatics Bets on Its Fans to Win Sports-Gambling Race
[ad_1] Chief Executive Michael Rubin says the sports-merchandising company’s 95 million customers offer an edge over gambling competitors. [ad_2] Source link
This Couple Built an Obscure Corner of Sports Betting Into a Billion-Dollar Business
[ad_1] VANCOUVER—A husband-and-wife team founded a tech company here that is quietly policing the multibillion-dollar online-gambling industry in the U.S. GeoComply scrutinizes nearly every online bet on sports to determine…