Business

Where Esports Meets Wagering Not that long ago, esports was still a niche playground a hobbyist scene full of pixelated battles, LAN parties, and DIY tournaments. Fast forward to now, and it’s commanding stadiums, smashing viewership records, and moving serious money. What used to be brushed off as just gaming has evolved into one of […]

The Basics of the Deal In May 2022, MGM Resorts announced its intent to acquire LeoVegas, a Swedish based online gaming company. The price tag: roughly $607 million in cash. The offer was an all cash bid at a 44% premium over LeoVegas’ share price at the time clear signal MGM was serious about speeding

Landscape Before the Shift A Global Boom on Stable Grounds Prior to 2020, the global gambling market was experiencing significant and largely stable growth across both online and land based sectors. This expansion was buoyed by reliable regulatory frameworks in key markets, enabling operators to invest confidently and scale globally. Gambling revenues were on the

The Rise of Daily Fantasy Sports Daily fantasy sports (DFS), pioneered by platforms like DraftKings and FanDuel, have transformed how fans engage with their favorite sports. This rise is both a testament to their innovative approaches and the growing appetite for interactive sports experiences. The Beginnings of DraftKings and FanDuel DraftKings began in 2012, launched

The Growth of High-Stakes Poker Tournaments High-stakes poker tournaments have seen unprecedented growth in recent years, capturing global attention and attracting top players from around the world. This growth reflects broader trends in both the sports and entertainment industries. The Evolution of Tournament Formats Tournament formats have evolved considerably, driving the increased popularity of high-stakes

Overview of New Legislation in the Gambling Industry New legislation in the gambling industry aims to tighten regulations and address concerns over advertising and tax structures. These changes have significant implications for industry profitability. Key Provisions of the Law Several provisions stand out in the new legislation. Advertising restrictions now limit promotional content across various

The Surge of Online Gambling Companies in the Stock Market The stock market has seen a notable rise in online gambling companies. These companies have gained significant investor interest and reshaped market dynamics. Historical Overview Historically, online gambling emerged in the mid-1990s with the launch of platforms like InterCasino. By the early 2000s, technological advancements

The Rise of eSports Betting The increasing popularity of eSports has resulted in a parallel rise in eSports betting. This new revenue stream, leveraging technology and data analytics, brings both excitement and opportunities to fans and companies. Exploring the Popularity Surge The surge in eSports betting is primarily driven by the rapid growth of the

Overview of Gambling Operators’ Strategies Gambling operators employ various strategies to retain customers in a highly competitive market. Retention revolves around catering to customer needs and leveraging technology to enhance user experiences. Importance of Customer Retention Customer retention is critical for gambling operators. It ensures long-term revenue and reduces marketing costs. Retained customers spend more