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Stories Tagged as

Online gambling

Online sports betting operators form organization to promote responsible gambling

by Savannah Peters
Mar 28, 2024
Sports betting has had a surge of popularity in the U.S., even as star athletes have been implicated in gambling scandals.
Seven of the largest U.S. sportsbooks, including DraftKings, are forming the Responsible Online Gaming Association to share best practices for sports betting.
Justin Sullivan/Getty Images
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Sports betting is booming. So are calls to gambling addiction helplines.

by Henry Epp
Jan 23, 2024
Some advocates are calling for federal support to treat gambling addiction — and to enact limits on wagering apps.
Some fear an expansion of online sports betting is fueling gambling addiction.
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ESPN enters the competitive world of online sports gambling

by Kristin Schwab
Nov 14, 2023
The company hopes to win a piece of the nearly $85 billion global sports betting market, now dominated by DraftKings and FanDuel.
ESPN Bet will be able to offer something other betting apps can't: media content from ESPN. But that doesn't ensure success.
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Tax revenue vs. temptation: Legalized online sports betting creates a dilemma for problem gamblers

by Andy Uhler
Sep 6, 2022
Where mobile betting is legal, it accounts for 90% of all wagers, one expert says. Do the pros outweigh the cons?
“Americans have always bet on sports," says John Holden of Oklahoma State University.
Roslan Rahman/AFP via Getty Images
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The gambling industry is seeing historic revenue numbers

by Kristin Schwab
May 13, 2022
Pent up demand and the expansion of online gambling and sports betting are giving the industry a boost.
Casinos are putting up pre-pandemic numbers.
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Shelf Life

The "Billion Dollar Fantasy" that propelled FanDuel and DraftKings

by Albert Chen
Sep 11, 2019
The story behind the rise of fantasy sports startups FanDuel and DraftKings, and their battle against each other.
The fantasy sports website FanDuel.
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Regulators in Kenya concerned about growing popularity of online gambling

by Halima Gikandi
May 31, 2019
Mobile phones are allowing ordinary Kenyans to try their luck on sports gambling.
A billboard advertising a popular sports betting site is seen along a highway in Nairobi, on November 8, 2017.
ONY KARUMBA/AFP/Getty Images
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Now that states can legalize sports betting, venture capital wants in

by Molly Wood
Apr 8, 2019
One investor says sports bets could evolve into a different type of asset.
Sports Adviser Stuart Feiner, who was portrayed by actor Al Pacino in the film "Two for the Money," displays his betting tickets on Major League Baseball at Dover Downs Casino on June 5, 2018 in Dover, Delaware.
Mark Makela/Getty Images
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Mobile phones could make sports betting more accessible — and addictive

by Adrian Ma
Jul 10, 2018
Experts caution that widely available and accessible sports betting on mobile phones could lead to an increase in gambling addiction.
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Final Note

All bets are off for DraftKings and FanDuel in New York

by Molly Wood
Mar 21, 2016
The gambling sites are waiting out for a possible bill in their favor
Both companies are under investigation in multiple states. 
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