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Online Gambling

All articles tagged with #online gambling

From 11 to 21: How Online Gambling Hooked a Generation of Teens
health23 days ago

From 11 to 21: How Online Gambling Hooked a Generation of Teens

NBC News reports rising underage gambling risks, detailing cases like an 11-year-old who started with digital skins and a college student gambling 15 hours a day, to show how easy online betting has become for teens. The piece notes industry tactics, ad campaigns, and new platforms that normalize betting, and it highlights growing treatment needs and school or state-led prevention efforts as parents and educators struggle to address a problem that can lead to debt, neglect, and even thoughts of suicide.

technology26 days ago

Speedy BTC Casinos 2026: Top 5 Quick-Payout Crypto Casinos

The piece spotlights five leading crypto casinos—Bets.io, Lucky Rebel, Thunderpick, BitStarz, and BetWhale—focusing on their large game libraries, generous welcome bonuses, and fast crypto withdrawals. Bets.io offers 17,000+ games and a 225% bonus up to 1 BTC, while Lucky Rebel welcomes new players with 200% up to $2,500 plus 50 free spins. Thunderpick emphasizes rapid deposits and fast payouts, BitStarz supports 500+ cryptocurrencies with instant BTC withdrawals, and BetWhale combines a 250% welcome bonus up to $2,500 with a broad sportsbook. The article also covers practical tips on wagering requirements, registration, and using multiple cryptocurrencies for deposits and withdrawals.

Prediction Rivals Challenge Sports-Betting Stocks
business6 months ago

Prediction Rivals Challenge Sports-Betting Stocks

Prediction markets are rapidly gaining popularity and posing a significant threat to traditional online gambling companies like DraftKings and FanDuel, driven by surging wagers on platforms like Robinhood and Kalshi, especially with the upcoming 2024 elections and new features like customizable parlays. This shift is causing stock declines and strategic reevaluations in the industry, highlighting a potential industry shakeup.

"NCAA President and DraftKings Stock React to Push for Banning College Prop Bets"
business-sports2 years ago

"NCAA President and DraftKings Stock React to Push for Banning College Prop Bets"

DraftKings and Flutter Entertainment stocks plummeted as the NCAA announced plans to ban prop bets in college sports, citing concerns about the integrity of the game and student athletes' protection. This comes amid a series of scandals and federal scrutiny in the sports betting and online gambling industry, including investigations into betting irregularities involving NBA player Jontay Porter and a federal probe into online gambling VIP programs. Additionally, federal lawmakers are targeting online betting's targeting of big spenders and VIPs, with Sen. Richard Blumenthal urging companies to stop using player data to target customers with gambling problems, and Rep. Paul Tonko working on legislation for federal oversight of online sports betting in legalized states.

"North Carolina's Legal Sports Betting: Bonuses, Promos, and Success Stories"
sportsgambling2 years ago

"North Carolina's Legal Sports Betting: Bonuses, Promos, and Success Stories"

Online sports betting is now legal in North Carolina, just in time for the 2024 Men’s ACC Basketball Tournament, with top sportsbooks offering bonus offers of up to $2,950 for new users. DraftKings, Caesars Sportsbook, Bet365, FanDuel, and BetMGM are among the best North Carolina sports betting apps providing various bonus offers, ranging from $150 to $1,300, with different wagering requirements and bonus structures.

"North Carolina's Booming Sports Betting Scene: Promos, Revenue, and Legal Launches"
sportsgambling2 years ago

"North Carolina's Booming Sports Betting Scene: Promos, Revenue, and Legal Launches"

North Carolina has launched online sports betting, and various sports betting apps are offering enticing promotions for new users, with potential bonuses totaling up to $2,700. FanDuel, BetMGM, Bet365, and DraftKings are among the top sportsbook promos in North Carolina, each offering different bonus structures and codes for new users to claim. These promotions include bonus bets ranging from $150 to $1,300, providing an opportunity for new bettors to maximize their initial deposits and wagers.

"Maximize Your Winnings: Best North Carolina Sportsbook Bonus Codes Revealed"
sportsgambling2 years ago

"Maximize Your Winnings: Best North Carolina Sportsbook Bonus Codes Revealed"

BetMGM has launched online sports betting in North Carolina, offering a $150 bonus in the form of six $25 bonus bets for new users who sign up with the bonus code ROCKYBET and make an initial deposit of at least $10. The state joins the online sports betting landscape with BetMGM and other sportsbooks like FanDuel, Caesars, and DraftKings offering sign-up bonuses and ongoing promotions. Users can also take advantage of odds boosts, referral bonuses, and MGM Rewards points.

"Record-Breaking Sports Betting Revenue Surges in Arizona"
business-sports2 years ago

"Record-Breaking Sports Betting Revenue Surges in Arizona"

The legalization of sports betting in the US has led to a surge in online gambling, with companies like DraftKings expanding into online casinos and lottery ticket sales. The move into iGaming is driven by the potential for higher revenues and the desire to tap into consumers' entertainment budgets. However, this expansion raises concerns about the potential for increased gambling addiction. As more states consider legalizing iGaming, the cultural shift around gambling in America is becoming more pronounced, with implications for both tax revenue and public health.

"DraftKings Stock Receives Multiple Upgrades and Positive Analyst Predictions"
finance2 years ago

"DraftKings Stock Receives Multiple Upgrades and Positive Analyst Predictions"

Barclays analyst Brandt Montour upgraded DraftKings stock to overweight, citing the company's strong position in the iGaming and sports betting markets. He highlighted DraftKings' success in online casino games and cross-selling efforts, as well as the potential for growth in the nascent iGaming market. Montour also emphasized the company's benefit from the increasing popularity of parlays in sports betting. He raised the price target for DraftKings stock to $50, indicating confidence in its future profitability and position as a leading player in the U.S. market.

Penn National Gaming Stocks Plummet Due to ESPN Bet Losses
finance2 years ago

Penn National Gaming Stocks Plummet Due to ESPN Bet Losses

Penn Entertainment's stock plummeted 15.8% after reporting a disappointing fourth-quarter financial performance, marked by a significant revenue decline and a substantial loss. The company's struggles were attributed to the sale of Barstool, losses from relaunching an online betting business, and overall revenue decreases in key segments. With increasing competition in online gaming and challenges in regional markets, the company faces significant hurdles, prompting doubts about its future prospects.