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DraftKings Set to Launch Mobile Sports Wagering in Missouri on December 1
Globenewswire· 2025-11-24 12:00
BOSTON, Nov. 24, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) today announced plans to launch its top-rated mobile sportsbook in Missouri on December 1, 2025. Earlier this year, the Missouri Gaming Commission granted DraftKings a temporary direct mobile sports wagering license, allowing DraftKings to operate independently across the state without the need for affiliation with a land-based casino or professional sports team. Missouri will become the 29th U.S. state where DraftKings offers sports w ...
Caesars Entertainment and Monmouth Park Unveil All-New Trackside Caesars Sportsbook
Businesswire· 2025-11-21 03:20
Core Insights - Caesars Entertainment and Monmouth Park have opened a new 16,000-square-foot trackside Caesars Sportsbook, enhancing the sports wagering experience in New Jersey [1][2][3] Venue Features - The sportsbook includes extensive indoor and outdoor viewing areas, wall-to-wall video displays, over 25 self-service betting kiosks, a central bar, and a VIP section [2] - A Shake Shack restaurant is integrated within the venue, offering a full menu including ShackBurgers and crinkle-cut fries [2] Historical Context - The opening of this sportsbook marks a significant milestone as Monmouth Park was the first location in New Jersey to accept legal sports wagers in 2018, following the repeal of PASPA [3] Strategic Goals - Caesars aims to attract new fans from the Jersey Shore and beyond, supporting the growth of horse racing in New Jersey [3] - The partnership with Monmouth Park is part of a broader strategy to position the racetrack as a premier entertainment and gaming destination [3] Digital Integration - Sports fans in New Jersey can access the Caesars Sportsbook & Casino app, which offers a wide range of betting options, live streaming of events, and responsible gaming tools [4] Responsible Gaming Commitment - Caesars Entertainment has a long-standing commitment to responsible gaming, having launched the first Responsible Gaming program in 1989 and continuing to promote awareness and education [5][7]
Missouri Sports Fans Can Now Register on the Caesars Sportsbook App
Businesswire· 2025-11-17 15:41
Core Points - Caesars Entertainment is preparing for the launch of legal sports wagering in Missouri on December 1, allowing users to register and fund their accounts in advance [1][2] - The Caesars Sportsbook app will offer a variety of betting options, including Same Game Parlays, player props, and live in-play betting, along with livestreaming of major sporting events [3] - The company is introducing special sign-up offers and promotions to attract new users ahead of the launch [4][7] Registration and Launch Details - New users can register on the Caesars Sportsbook app starting today, with existing users able to activate their accounts in Missouri [2] - The initial mobile launch is set for November 17, with a full launch of wagering on December 1 [5][8] - Users who deposit $5 or more by December 1 will receive additional benefits, including Profit Boost Tokens and Bonus Bets [7][14] Promotions and Rewards - The NFL Flips game will be available starting November 24, offering users a chance to win from a $100,000 Bonus Bet prize pool [6][7] - New users placing their first bet of $5 or more will earn $150 in Bonus Bets if that bet wins [14] - Caesars Rewards program allows users to earn Tier Credits and Reward Credits through their betting activity, redeemable for various experiences [10] Technological Enhancements - Missouri will be the first state to launch Caesars Sportsbook with Universal Digital Wallet functionality, enabling seamless deposits and withdrawals [8] - The company plans to expand this functionality to all states where it offers online gaming and sports betting [8] Responsible Gaming Commitment - Caesars Entertainment emphasizes its commitment to responsible gaming, with various tools in place to promote responsible play [3][11] - The company has received accolades for its responsible gaming practices, including the RG Check accreditation [12]
Caesars Entertainment and AGS Celebrate the Exclusive In-person and Online Launches of Kingdom of Horus and Reign of Anubis
Businesswire· 2025-10-24 15:39
Core Insights - Caesars Entertainment and AGS have launched two exclusive slot titles, Kingdom of Horus and Reign of Anubis, available both in-person at Caesars' locations in Atlantic City and online across five North American jurisdictions [1][3]. Group 1: Launch Details - The new games are now live at Caesars Palace Online Casino, Horseshoe Online Casino, and Caesars Sportsbook & Casino in New Jersey, Pennsylvania, Michigan, West Virginia, and Ontario, as well as on casino floors at Caesars destinations in Atlantic City [1]. - The launch event featured local social media influencers, including NJ Slot Guy, who participated in a ceremonial first spin at Caesars Atlantic City [2]. Group 2: Game Features - Kingdom of Horus and Reign of Anubis are part of AGS' Triple Coin Treasures series, featuring a 3×5 reel layout with 40 paylines and mechanics such as Scarab Prizes, Wild Coins, and Pot Bonuses [4]. - Players can unlock Extra Spins, benefit from Symbol Upgrades, and enjoy Boosted Prizes with credit multipliers for enhanced payout potential [4]. Group 3: Strategic Importance - The launch is part of Caesars' strategy to blend online and in-person casino experiences, with a commitment to offering premium gaming experiences [3]. - The new titles join a growing list of exclusive launches between AGS and Caesars, enhancing Caesars' online casino offerings [3]. Group 4: Company Background - Caesars Entertainment is the largest casino-entertainment company in the US, known for its diversified gaming, entertainment, and hospitality amenities [9]. - The company operates under various brand names, including Caesars®, Harrah's®, and Horseshoe®, and emphasizes a strong loyalty program, Caesars Rewards® [9].
New Online Casino That Accept Paypal In 2025 By Cafe Casino
Globenewswire· 2025-10-14 18:47
Core Insights - The U.S. online gambling market is rapidly expanding, with PayPal emerging as a key payment method for real money online casino transactions [2][6][24] - Players are increasingly prioritizing smooth deposits, instant withdrawals, and transparent terms over game selection and bonuses [3][5] - PayPal's integration into online casinos enhances trust and compliance, particularly in regulated states [6][9][28] Market Trends - Over 70% of real money online casino sites now accept PayPal, reflecting a shift towards compliance-driven innovation [9][22] - Players are motivated by safety, credibility, and payout efficiency, moving away from flashy marketing tactics [5][35] - The average withdrawal time for PayPal transactions has decreased significantly, from 24 hours in 2023 to under 6 hours in 2025 [86][45] Consumer Behavior - Search patterns indicate that U.S. players are looking for legitimate games with tangible payouts and prioritize PayPal for its speed and safety [10][11] - Players are increasingly rejecting sites with slow withdrawal speeds or unclear payment practices [12][35] - Transparency in bonus terms and wagering requirements is now a critical factor for player trust [80][81] Regulatory Environment - PayPal's presence in online casinos aligns with strict KYC and anti-fraud procedures, enhancing consumer trust [11][28] - Operators must adhere to guidelines governing financial transparency and responsible gambling in regulated states [28][29] - The rise of PayPal casinos is directly linked to a tightening regulatory environment, ensuring consistent user experiences across licensed platforms [30][31] Technological Integration - PayPal's API-driven structure allows for seamless real-time verification and payouts, improving user experience [32][34] - Innovations such as biometric verification and AI-driven risk scanning enhance security and player protection [37][72] - Mobile-first design is becoming the industry standard, with 85% of users accessing platforms via smartphones [70][71] Offer Structures - PayPal-accepting casinos are now offering smaller, transparent bonuses that prioritize clarity and compliance [41][65] - Common promotions include cashback offers and free spins for PayPal deposits, designed to encourage responsible play [19][41] - Operators are focusing on fair, measurable incentives rather than aggressive marketing tactics [41][65] Consumer Confidence - The integration of PayPal is seen as a credibility signal, with 68% of surveyed users considering it a deciding factor before signing up [102][96] - Players associate PayPal casinos with faster dispute resolution and higher perceived safety compared to other payment methods [102][52] - The overall complaint rate has dropped from 9% in 2023 to 3% in 2025, indicating improved player satisfaction [86][26] Future Outlook - The next generation of PayPal casinos is expected to incorporate advanced features like biometric verification and sustainability reporting [98][109] - Emerging trends suggest a continued focus on personalization and protection through AI and machine learning [100][101] - The PaySafe Gaming Standard (PGS) is being developed to ensure uniform disclosure across all PayPal-enabled casinos, enhancing public trust [93][95]
FanDuel and Amazon Announce Exclusive Odds Provider Partnership for NBA and WNBA on Prime Video
Prnewswire· 2025-09-30 16:00
Core Insights - FanDuel has announced a multi-year partnership with Amazon to become the official odds provider for NBA and WNBA on Prime Video, enhancing the viewing experience for basketball fans [1][2][3] Group 1: Partnership Details - The partnership aims to integrate FanDuel's betting insights into NBA broadcasts on Prime Video, providing fans with a unique viewing experience [2][3] - Blake Griffin will serve as an ambassador for FanDuel, featuring in creative campaigns and live events to promote the brand's NBA offerings [3] Group 2: Bet Tracking Features - A new personalized bet tracking experience will allow fans to link their Prime Video profiles to their FanDuel accounts, displaying real-time updates on active NBA bets during live games [4] - An immersive Odds View feature will provide a rotating feed of live odds and probabilities for various betting options, enhancing the context of the game [5] Group 3: Responsible Gaming - FanDuel emphasizes responsible gaming as a core principle of the new features, allowing users to disable the bet tracking option in the Prime Video app settings [6] - The company is committed to promoting responsible gaming and has developed tools to help customers engage safely with their platform [6] Group 4: Company Overview - FanDuel Group is a leading mobile gaming company in the U.S., with a portfolio that includes FanDuel Sportsbook, FanDuel Casino, and FanDuel Racing, serving approximately 17 million customers [7] - The company operates across all 50 states and has a presence in multiple countries, being a subsidiary of Flutter Entertainment [8]
Gen Z, Millennial ‘Speculators' Drove Year over Year Gambling Growth in Q2 2025
Globenewswire· 2025-09-24 12:00
Core Insights - Betting activity among consumers increased to 30% in Q2 2025, up from 25% in Q2 2024, with significant growth among Gen Z and Millennials [1] - The report highlights that land-based casinos remain the top betting venues, closely followed by online sports betting, with Millennials increasing activity across all channels while Gen Z focused on online sports betting [3] Demographic Trends - The report identifies that the most active betting segments are urban-area Millennials and Gen Z consumers, predominantly renters without children, although Millennial households are more likely to have children and own homes [5] - A notable characteristic of these segments is a higher usage of cryptocurrency apps, indicating potential participation in online trading and gambling funded by cryptocurrency [6] Financial Behavior - Millennials and Gen Z consumers have seen their total monthly debt payments rise by 20% and 27% respectively, which is significantly higher than the inflation rate of 6% and wage growth of 8% [7] - Increased discretionary income is the most predictive factor for consumer engagement in betting, but factors like student loan repayments and inflationary pressures may hinder this engagement [8] Industry Recommendations - Operators are advised to prioritize long-term sustainability over short-term profits, with responsible gaming practices being essential to protect consumers and build trust with regulators [9] - The report emphasizes the need for operators to be sensitive to the financial situations of bettors, particularly as Gen Z is projected to become the dominant consumer segment in terms of spending [10]
Super Group (NYSE:SGHC) 2025 Investor Day Transcript
2025-09-18 13:02
Summary of Super Group Investor Day Company Overview - **Company**: Super Group - **Industry**: Online betting and gaming - **Key Brands**: Betway (sports betting), Spin (multi-brand casino) Core Points and Arguments 1. **Company History and Growth**: Super Group has been operational for over 25 years, launching Jackpot City in 1998, acquiring Betway in 2010, and going public in 2022, showcasing a long-term growth trajectory [3][4] 2. **Decentralized Business Model**: The company employs a decentralized model that allows for adaptability and local market focus, empowering regional teams to tailor strategies [4][5] 3. **Brand Architecture**: Super Group operates in two segments: Betway for sports betting and Spin for casino offerings, with over 20 brands under Spin, enhancing market targeting flexibility [5][6] 4. **Sponsorship Strategy**: Betway sponsors major sports teams globally, including clubs in the Premier League, which enhances brand visibility and customer trust [6][9] 5. **Technological Advancements**: The company is investing in technology, including AI and real-time personalization, to improve customer experience and operational efficiency [6][7][8] 6. **Customer Engagement**: The use of predictive models has led to a 25% increase in wagering per customer while lowering customer acquisition costs (CAC) [7] 7. **Financial Performance**: Super Group reported $2.1 billion in revenue and $486 million in adjusted EBITDA over the last 12 months, with a market cap exceeding $6 billion [13] 8. **Market Potential**: The global interactive betting and gaming market is projected to grow from $209 billion in 2025 to $339 billion by 2030, indicating significant growth opportunities for Super Group [14] 9. **Revenue Streams**: Casino operations account for 80% of revenue, while sports betting contributes 20%, serving as a customer acquisition engine [11][12] 10. **Geographic Diversification**: The company has a strong presence in Africa (39% of business), North America (36%), and Europe (16%), with plans for further expansion [12] Important but Overlooked Content 1. **Responsible Gaming Initiatives**: Super Group emphasizes responsible gaming, with 56% of customers using responsible gaming tools and a dedicated team of over 60 specialists [15][16] 2. **Customer Retention Metrics**: The company has seen a 50% increase in unique depositing customers over two and a half years, indicating strong customer retention and satisfaction [20][21] 3. **Operational Efficiency**: The company has implemented AI-driven solutions to enhance customer service and reduce operational costs, achieving a 200% increase in delivery velocity [55][56] 4. **Market Adaptation**: Super Group has successfully adapted to market changes, such as exiting the Indian market, which led to improved profitability and growth in other regions [68] This summary encapsulates the key insights from Super Group's Investor Day, highlighting the company's strategic direction, operational strengths, and market opportunities.
FanDuel Marks Responsible Gaming Education Month with Addition of Keith Whyte as a Responsible Gaming Strategic Advisor
Prnewswire· 2025-09-03 13:00
Core Insights - FanDuel has appointed Keith Whyte as a Responsible Gaming Strategic Advisor to enhance its Responsible Gaming strategy and initiatives [1][4] - Whyte brings over 30 years of experience in responsible gambling and problem gambling prevention, having previously served as the Executive Director of the National Council on Problem Gambling [3] - FanDuel aims to elevate industry standards for Responsible Gaming and has a commitment to proactive measures in promoting safe gambling practices [4] Company Overview - FanDuel Group is a leading mobile gaming company in the United States, operating various brands including FanDuel Sportsbook, FanDuel Casino, and FanDuel Racing [5] - The company has a customer base of approximately 17 million and operates 25 retail locations across all 50 states [5] - FanDuel Group is a subsidiary of Flutter Entertainment, which is the largest sports betting and gaming operator globally [5] Responsible Gaming Initiatives - Keith Whyte will contribute to the Trusted Voices: Conversations About Betting program, aimed at equipping trusted adults with resources to discuss gambling risks with young people [2] - The program was developed in partnership with EPIC Global Solutions and aims to raise awareness about gambling-related issues [2] - FanDuel's commitment to Responsible Gaming is reflected in its ongoing initiatives and the strategic addition of experienced advisors like Whyte [4]
DraftKings Launches Responsible Gaming Education Month Campaign Featuring Super Bowl Tickets Sweepstakes
Globenewswire· 2025-08-26 11:30
Core Insights - DraftKings Inc. is launching a monthlong campaign for Responsible Gaming Education Month (RGEM) to promote responsible gaming through a sweepstakes offering NFL tickets and a trip to Super Bowl LX [1][2] - The campaign encourages customer engagement with responsible gaming tools like My Budget Builder and My Stat Sheet, aiming to foster a more informed gaming culture [2][4] Group 1: Campaign Details - The sweepstakes will run from August 26 to September 8, allowing customers to win NFL regular season tickets by using My Budget Builder [2] - Each week will introduce new responsible gaming engagement methods, with additional ticket giveaways and a grand prize trip to Super Bowl LX for using My Stat Sheet [2][3] Group 2: Tool Highlights - My Budget Builder, launched in June 2025, builds on the success of My Stat Sheet, which has been utilized by approximately 3.4 million customers to track their gaming activity [3] - DraftKings emphasizes the integration of responsible gaming tools throughout the customer journey, reinforcing its commitment to responsible play [4] Group 3: Company Commitment - DraftKings is dedicated to providing a fun and responsible gaming experience, sharing a new Code of Responsible Play with customers to promote responsible behavior [4] - The company aims to maintain responsible gaming as a core aspect of its product design and long-term strategy as it continues to grow [4][6]