Three-time Hart Memorial Trophy winner teams up with BetMGM to spotlight responsible gambling tools in new "Mullet Over" spot JERSEY CITY, N.J., Dec. 15, 2025 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, has launched a new responsible gambling television commercial spot featuring three-time Hart Memorial Trophy winner and BetMGM brand ambassador Connor McDavid, alongside former NHL player and actor Terry Ryan. The spot is currently airing in the U.S. and Canada, as well as on vario ...

Kenny Alexander, nicknamed ‘King Kenny’, had taken a 6.5pc stake in 888 and had proposed becoming its chief executive - David Rose for The Telegraph A betting tycoon has claimed he was the victim of a “stitch up” after accusing a Labour peer of colluding with the gambling watchdog to derail a boardroom takeover of casino operator 888. Kenny Alexander, the former chief executive of Ladbrokes-owner Entain, has targeted Lord Mendelsohn as part of his High Court battle against the Gambling Commission. It c ...

Core Viewpoint - VanEck is launching the VanEck Degen Economy ETF, which will track companies involved in digital trading, gig work, betting, and casinos, marking a significant shift in investment focus towards "degen" culture [2][4]. Group 1: ETF Details - The VanEck Degen Economy ETF will convert from the existing Gaming ETF and is set to launch in April 2026 [2]. - To qualify for inclusion in the ETF, companies must derive at least 50% of their revenue from sectors related to digital trading, gig work, and gambling [2][5]. Group 2: Market Context - The "degen economy" has gained traction post-COVID, reflecting a shift in consumer behavior towards mobile-first finance and digital platforms [4][7]. - The ETF aims to capture fast-growing sectors such as exchanges, neobanks, sports betting, and gig markets, which are among the highest-growth segments in the modern economy [7]. Group 3: Cultural Significance - The Degen Economy ETF integrates a cultural narrative into regulated finance, making it an easily understandable investment thesis for a broad audience [7].

Industry Overview - Sports betting stocks are gaining attention as the business continues to show double-digit revenue growth post-legalization rush, with revenue expected to reach $77.18 billion by 2025 and grow at approximately 5% annually until 2030, potentially reaching $98.53 billion by 2030 [1] Company Focus: DraftKings - DraftKings (DKNG) is a key player in the sports betting sector, experiencing significant trading activity and analyst support, particularly in major markets like New York and expanding into states like Missouri [2] - Mizuho has included DraftKings in its "Americas Top Picks" list, indicating strong confidence in the company's potential amidst market volatility [3] - Despite the positive growth narrative, DraftKings' stock has faced challenges, down about 18% over the past 52 weeks and approximately 6% year-to-date, suggesting that trading performance has not aligned with growth expectations [4] Financial Performance - DraftKings reported third-quarter 2025 revenue of approximately $1.14 billion, reflecting a 4% increase from the same period in 2024, although management noted that varying "sport outcome" results may have obscured the true growth [6] - The company's forward price-to-earnings ratio stands at about 140x, significantly higher than the sector average of roughly 17x, indicating that investors may be pricing in substantial future earnings growth, leaving little margin for error [5]

That's the closing bell on Wall Street and now it's market domination overtime. We're giving you full coverage of all the moves to get you up to speed on the action from today's trade and now finances Jared Blickley joins us now with the latest market action. Jared, >> thank you Josh.Uh the majors, not a whole lot going on today. And I'm going to show you that price action. But we do have a record high to talk about in a minute.Not going to be in the Dow here. That was down 7/10 of one uh excuse me, seven b ...

Shares of DraftKings (NASDAQ:DKNG) are down 4.9% year to date at $34.50, and retail traders are openly questioning whether the company's business model has a future. ...

Group 1 - The core viewpoint of the article is that upcoming regulatory measures by the U.S. federal government on non-bank digital wallets will significantly alter the cost structure of online gambling payments [1] - The Consumer Financial Protection Bureau (CFPB) has finalized a regulation targeting large fintech wallet providers that handle over 50 million transactions annually, focusing on data security, fraud protection, and error handling [1] - The MDC spokesperson indicated that the CFPB's push for transparency in non-bank payments is necessary but will have notable downstream effects on the digital commerce landscape, particularly in the gambling industry [1][2] Group 2 - The regulation is expected to lead to increased compliance costs for operators that do not invest in transparent, bank-grade account-to-account (A2A) solutions, resulting in slower withdrawal speeds and stricter verification processes for players [1] - MDC's report emphasizes that transitioning to open banking-driven A2A solutions is one of the most effective responses to the regulatory changes, as it can reduce intermediaries and enhance transaction auditability without compromising user experience [2] - Minimum Deposit Casinos (MDC) is a subsidiary of OneTwenty Group, dedicated to promoting a transparent, licensed, and compliant online gambling experience, focusing on platforms that meet high standards for customer identity verification, responsible gambling, and secure payment processing [3]

Group 1 - The analyst has over 10 years of experience researching more than 1000 companies across various sectors including commodities and technology [1] - The focus has shifted from writing a blog to creating a value investing-focused YouTube channel, where hundreds of companies have been researched [1] - The analyst expresses a particular interest in metals and mining stocks, while also being comfortable with other industries such as consumer discretionary, REITs, and utilities [1]

Operating expenses reduced 58% year-over-year and net loss improved 67% as Rivalry posts third consecutive quarter of revenue growth and completes debt restructure and recapitalization to enter 2026 on a strengthened foundationTORONTO, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Rivalry Corp. (the “Company” or “Rivalry”) (TSXV: RVLY), an internationally regulated sports betting and media company, today announced financial results for the three and nine-month period ended September 30, 2025 (“Q3 2025”). All dollar fig ...

Kalshi and Polymarket may not be a threat for much longer, as the gambling company gears up to launch its own prediction market. ...