Wednesday, March 29, 2023

Tag: BetMGM

New Yorkers smash US records betting $500m a week

New Yorkers smash US records betting $500m a week
Within just two weeks of launching a regulated mobile betting market, New York had already hit the US record for an entire month: over a billion dollars in just 16 days, and with only five of nine operators in the mix. By the end of week five the state had handled almost $2.5bn.

Acquisitions, ad spend spiral in race for top tier

Sports Betting US Betting firms advertising
In a scramble for customers through the 2021- 2022 sports season, US betting firms enter an escalating imperative to bulk up and splurge on advertising before winners and losers set in.

Verizon to leverage 900 million users in market-marking betting bid

Verizon leverage users sports betting bid
Verizon hopes sports gambling will help it make good on old promises: both in forging a future for virtual reality in sports, and cross-selling its vast Yahoo Sports user-base into more lucrative activities

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