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Esports 2021: The Stars and Teams That Made History
Sports Betting

Esports 2021: The Stars and Teams That Made History

Edward Gaming's triumphant return, Dan 'apEX' Madesclaire's leadership, Ibai Llanos' new club, and Evan 'M0nkey M00n' Rogez's dominance highlight the year's esports milestones.

February 8, 2022·1 min read
Mattress Mack's Massive Sports Betting Losses: $11.4M Down the Drain
Sports Betting

Mattress Mack's Massive Sports Betting Losses: $11.4M Down the Drain

Jim 'Mattress Mack' McIngvale, the 70-year-old owner of Gallery Furniture, has lost $11.4 million in sports bets over just ten weeks. His bad run started in November with a $3.3 million loss on the Houston Astros.

January 26, 2022·1 min read
New York Launches Online Sports Betting: What You Need to Know
Sports Betting

New York Launches Online Sports Betting: What You Need to Know

New York state has officially launched online sports betting, with major operators like Caesars and DraftKings approved to operate. The move is expected to generate significant tax revenue for the state.

January 16, 2022·1 min read
EGBA Predicts €126.3 Billion in European Gambling Revenue by 2026
Sports Betting

EGBA Predicts €126.3 Billion in European Gambling Revenue by 2026

The European Gaming and Betting Association (EGBA) forecasts a significant rise in gambling revenue, with online betting set to dominate. Land-based gambling, however, is expected to remain below 2019 levels.

December 30, 2021·1 min read
Poker Player Ariel Improves Game with Statistical Analysis and Slowplay Strategy
Sports Betting

Poker Player Ariel Improves Game with Statistical Analysis and Slowplay Strategy

Ariel, a poker player, is improving her game by using statistical analysis and a solver. Her coach is introducing a new strategy called 'slowplay' to help her improve her game.

December 5, 2021·1 min read
Flutter and Grupo Globo Launch Daily Fantasy Sports in Brazil
Sports Betting

Flutter and Grupo Globo Launch Daily Fantasy Sports in Brazil

FanDuel, part of Flutter Entertainment, and Grupo Globo have partnered to introduce a new daily fantasy sports platform, Cartola Express, in Brazil. The initiative aims to expand the existing Cartola FC brand, which has a significant presence in the Brazilian fantasy sports market.

November 23, 2021·1 min read
Reddit Co-Founder Backs New Betting App Wagr: Social Media Meets Sports Betting
Sports Betting

Reddit Co-Founder Backs New Betting App Wagr: Social Media Meets Sports Betting

Alexis Ohanian, co-founder of Reddit, has invested $4 million in Wagr, a new betting app that combines social media with sports betting. The app aims to make betting fun and accessible by allowing users to bet with friends and record their betting history.

November 22, 2021·1 min read
DraftKings Investor Sues Executives for Alleged Insider Trading and Malfeasance
Sports Betting

DraftKings Investor Sues Executives for Alleged Insider Trading and Malfeasance

Jiahan Yu, a DraftKings shareholder, has filed a lawsuit against company executives, including CEO Jason Robins and SBTech founder Shalom Mackenzie, alleging malfeasance and insider trading. The lawsuit focuses on illegal dealings in Asia and reaffirms earlier findings by Hindenburg Research.

October 25, 2021·1 min read
New Jersey Opens Doors to Esports Betting with New Legislation
Sports Betting

New Jersey Opens Doors to Esports Betting with New Legislation

New Jersey has become the first state to legalize esports betting, with specific restrictions. The new law, signed in June 2021, allows online casinos to accept wagers on esports competitions. However, initial limits cap bets at $100 with a maximum payout of $500.

September 20, 2021·1 min read