BetMGM Update 203

BetMGM reports $1.9B in net revenue for previous year

BetMGM generated $1.96 billion in net revenue in FY2023 — a 36% uptick year-over-year.
Dog jumping over puddle

Wynn Resorts avoids discussing interactive division on Q4 earnings call

Wynn Resorts reported record EBITDAR for Q4 and made huge jumps year-over-year, but none of that success can be attributable to the company's interactive...
Oklahoma Sports Betting Bill

New legislative session in Oklahoma welcomes sports betting measure

Oklahoma lawmakers are making efforts to bring regulated sports betting to the state. The Sooner State has started a new legislative session by introducing a...
Turf war warning sign

Former SVP Hermalyn and DraftKings battle over court jurisdiction

The court battle between DraftKings and its former SVP of Growth Michael Hermalyn is already heating up as the two sides battle over where...
Fanatics Sportsbook

Iowa emerges as new market for Fanatics Sportsbook

Fanatics Sportsbook has launched operations in the Hawkeye State.
XLMedia Star Tribune

XLMedia scores sports betting content partnership with Star Tribune

XLMedia has secured a sports betting content deal with the Star Tribune.
Phone shooting contents of binder

DraftKings suing SVP of Growth after he defects to Fanatics

A new lawsuit has DraftKings suggesting its former head of VIP concocted a plan to steal company secrets and defect to competitor Fanatics just...
Betway ALT Sports Data

Betway looks to expand through partnership with ALT Sports Data

Betway is looking to acquire new customers through a partnership with a trading platform. The Malta-based online gambling brand has secured a partnership with ALT...
Jeff Ifrah Idea Growth

Ifrah: What 60 Minutes failed to acknowledge about US sports betting

This past weekend, the longstanding news magazine show 60 Minutes tackled the regulated online betting business but did so without speaking to some key...
Carl Weathers

FanDuel pivots Kick of Destiny plans following death of Carl Weathers

When FanDuel unveiled plans to bring back Rob Gronkowski and the Kick of Destiny, Carl Weathers was a major part of the plan. Weathers was...

Event News

Expert insights and networking: SBC’s Capital Markets Forum at the NYSE

SBC is gearing up to launch its debut Earnings+More: Capital Markets Forum event at the iconic New York Stock Exchange on May 6, offering...
2024 SBC Summit North Americas Sports Betting Track

2024 SBC Summit North America announces Sports Betting Track

The Sports Betting conference track at SBC Summit North America will gather some of the top luminaries in the industry to share their thoughts...

PrizePicks and Socure join SBC Webinars for GenZ and Identity Verification Masterclass

PrizePicks’ Co-Founder & CTO, Jay Deuskar, and Socure’s VP of Compliance Solutions, Debra Geister are set to join SBC Webinars for Growth Unleashed: Capturing...
SBC Summit North America Program

SBC Summit North America: The conference producers tell all 

When the U.S. announced the state-by-state regulation of sports betting in 2018, it was seen by many as the ushering in of a new...