Shares of online gaming operator Rush Street Interactive (NYSE: RSI) rallied late Thursday on a report that the company is considering a sale and has reached out to multiple suitors, including DraftKings (NASDAQ: DKNG). A Rush Street Interactive advertisement. The company is rumored to be in takeover talks and DraftKings could be a potential buyer. […]
Proposed federal legislation would place limits on the ways U.S. sports betting companies market and interact with their customers. U.S. Rep. Paul Tonko (D-NY) says his SAFE Bet Act is needed in a new era of high-tech sports betting. U.S. Representative Paul Tonko (D – New York) is introducing new legislation that would limit how […]
The United States Supreme Court will presumably determine the ultimate fate of the Seminole Tribe’s Class III gaming compact that it struck with Florida Gov. Ron DeSantis (R) in 2021. Florida Gov. Ron DeSantis and Seminole Tribe of Florida Chairman Marcellus Osceola Jr. smile after signing the tribe’s updated Class III gaming compact on May […]
An iGaming study commissioned by the Sports Betting Alliance (SBA) has reached similar conclusions as another recent study that online casinos complement — not hurt — brick-and-mortar casinos. A billboard advertising the Borgata Online Casino is seen near the Ben Franklin Bridge in Philadelphia. A new study concludes that legal iGaming only helps brick-and-mortar casinos. […]
