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X @Ansem
Ansem 🧸💸· 2025-07-17 21:28
RT Luck.io (@luckio)3 new provably fair slots are now live on Luckio, each with a maximum payout of $10 million per spin!Every slot is developed in-house so it can run on non-custodial smart contracts and rely on Proov Protocol’s multi oracle VRF for randomness.Centralized casinos can plug in thousands of third-party slots overnight but those games operate on black-box algorithms, take full custody of your assets every spin, and offer no way for players to verify fairness.Luckio is setting a new standard fo ...
X @Ansem
Ansem 🧸💸· 2025-07-14 13:34
Product Development & Partnerships - PlaySOPO 将在 Apple 和 Google 上推出符合美国法规的真钱扑克游戏,支持加密货币充提[1] - PlaySOPO 将与 AbstractChain、Solana Mobile、StakeKings、TeamPokerFlops、Yeet 等建立合作关系或发布独立版本[1] Market Expansion - PlaySOPO 在拉斯维加斯进行了 6 周的推广活动,准备全面推广[1]
Entain Sees BetMGM Acceleration With No Alberta And Missouri Sales
Seeking Alpha· 2025-07-13 12:18
Group 1 - The Value Lab focuses on long-only value investment ideas, targeting international mispriced equities with a portfolio yield of approximately 4% [1] - Entain Plc has seen a significant increase in BetMGM revenues, surpassing last year's figures, indicating strong performance since the last coverage [2] - The Valkyrie Trading Society consists of analysts sharing high conviction investment ideas that are expected to yield non-correlated and outsized returns in the current economic environment [3]
X @Bloomberg
Bloomberg· 2025-07-11 07:26
Regulatory Action - The Philippines' gaming regulator has mandated the immediate removal of all gambling billboards and advertisements nationwide [1] - This action stems from concerns about increasing betting addiction within the Philippines [1]
X @Bloomberg
Bloomberg· 2025-07-07 05:56
Philippine President Ferdinand Marcos Jr. will not oppose proposals to limit and tax online gambling, according to his press officer https://t.co/4mbGbM6w5P ...
Bob Costas warns legalized sports betting will ‘ruin some lives’: Full interview
NBC News· 2025-07-06 16:30
Career Reflection & Transition - Bob Costas retired from play-by-play announcing due to not wanting to perform below his lifetime average, focusing on interviews, commentaries, and essays in an emeritus position [2][3] - Costas initially considered stepping away from the Olympics after his 11th appearance but returned for a 12th due to the "Pink Eye" incident in Sochi [5][6] - He emphasizes the fulfillment of achieving his childhood dream and the satisfaction of diverse career experiences, including sports and non-sports broadcasting [12][14] Sports Broadcasting Industry Changes - The sports broadcasting landscape has changed with tech giants like Amazon, Apple, and Netflix entering live sports coverage, fragmenting viewership [37][39] - Increased accessibility of sports content diminishes excitement, with gambling adding a transactional aspect and the internet fostering harsher criticism [40][41] - Journalism in sports coverage has diminished, with a shift towards sound bites, arguments, and clickbait content [42] Sports Betting & Regulation - Sports betting is generating billions in revenue but also leading to financial problems for some, raising concerns about the need for more regulation [46][47] - Costas personally refuses to read gambling promos due to the insidious aspect of encouraging potentially addictive behavior [49] Baseball & Rule Changes - The introduction of the pitch clock in baseball was necessary to address the plotting, lethargic pace of games, shortening game times by approximately 45 minutes [50][51] - Costas dislikes the automatic runner on second base in the 10th inning, suggesting it should be implemented from the 11th inning onwards [52] Olympics & Storytelling - Compelling stories drive interest in the Olympics, especially domestic storylines involving American athletes [54][55] - Broadcasters play a crucial role in familiarizing viewers with competitors and their backstories, filling in the blanks for the audience [56][57] Mental Health in Sports - There should be more support for athletes' mental health, addressing challenges beyond maximizing performance [58][59] - Simone Biles' experience at the 2021 Olympics highlights the ongoing issue and differing reactions to athletes prioritizing mental health [63][64] Sports & Unification - Sports, especially team sports, can unify people from diverse backgrounds in the service of a common cause [66] - Large sports events bring together a broad audience across the demographic spectrum, but the tone surrounding sports can also be angry and accusatory [67][68] Politics & Sports - Politics has inevitably intersected with sports throughout history, and those who deny this are unaware of historical context [69] - The gun control issue was widely misunderstood, with Costas clarifying that it was about gun culture in sports, not the Second Amendment [73][74] Social Media & Media Literacy - Social media has changed how athletes communicate with fans, making it harder for traditional media to get close to them [89][90] - Media literacy is crucial for young people to determine what is credible and form their own opinions [94][95]
X @Bloomberg
Bloomberg· 2025-07-02 23:09
Gamblers are raising the alarm about a $1.1 billion tax hike buried in Trump's tax bill that would slash their net winnings and potentially charge income tax when they break even or lose https://t.co/j9NKOoCNmt ...
X @s4mmy
s4mmy· 2025-06-26 20:12
RT s4mmy (@S4mmyEth)I used AI to pick my horse racing bets and it netted me an 86% ROI.However, this headline number isn't what it seems.A) Race Notes:i) I used ChatGPT 4.0 to pick the horses, it selected two in each race with a reasonable rationale.ii) I wagered £50 each race, allocating £40 on AI's first pick, then £10 on its second pick.iii) In race 3 neither of these horses started, so I personally decided to back Almuhit with £50 on him alone.iv) Most of the £303 profit came from the last pick, which I ...
Top Sin Stocks for Savvy Investors: Profiting From the Unconventional
ZACKS· 2025-06-25 15:01
Core Insights - The sin stock market, which includes companies in alcohol, tobacco, cannabis, and gambling, is gaining attention from investors focused on returns rather than ethical considerations [2][11] - Sin stocks are characterized by their defensive nature, providing growth even during economic downturns due to consistent demand for their products [3][11] Industry Trends - The U.S. alcoholic beverages market is projected to grow from $544.19 billion in 2024 to $573.98 billion in 2025, with a CAGR of 5.5%, and expected to reach $709.13 billion by 2029 [8] - The U.S. tobacco market is shifting towards alternatives like vapes and smokeless options, with an estimated growth from $85.93 billion in 2024 to $112.28 billion by 2032, reflecting a CAGR of 3.4% from 2025 to 2032 [9] - The global online gambling market is anticipated to reach $12.81 billion by 2030, with a CAGR of 16.5% from 2025 to 2030, driven by the rise of online platforms and sports betting legalization [10] Company Insights - Philip Morris International (PM) is transitioning towards reduced-risk products, maintaining strong pricing power and consistent earnings momentum despite declining smoking rates [5][12] - Caesars Entertainment (CZR) is enhancing its omnichannel strategy to integrate digital and physical offerings, positioning itself as a leader in the expanding gambling sector [6] - Constellation Brands (STZ) is focusing on premiumization and innovation, with the beer segment expected to grow 7-9% annually, while also expanding into premium wine and spirits [19][21]
DraftKings CEO: Illinois' new tax on sports bets will drive players to illegal betting sites
CNBC Television· 2025-06-18 15:45
Illinois Tax Increase Impact - Illinois legislature raised taxes on sports wagers, introducing a $0.50 transaction fee per bet, effective September 1st [1][2] - DraftKings believes the tax is ill-conceived, as it taxes gross receipts rather than profit, making it difficult to offer bets profitably, especially on smaller amounts [3][9] - The company expects the tax will drive consumers to the illegal market or to bet larger amounts to offset the tax burden [3][7] - DraftKings had no prior warning about the tax increase, despite recent meetings with legislative leaders [4] - The company is passing the tax on to consumers to continue offering the product in Illinois, hoping for reconsideration from lawmakers [3][5] Industry & Market Dynamics - The industry believes education is needed for policymakers to understand that the tax impacts revenue and investment in product development [8][9] - DraftKings acknowledges that states are facing budget crises and are looking at sports betting and iGaming legalization for revenue [10] - The company operates in approximately 27-28 states and anticipates both opportunities and challenges across different regions [13] - DraftKings reports healthy customer behavior and strong growth rates, with customer-level metrics (bet frequency, average bet size, sports engagement) meeting or exceeding expectations [14][15] - Overall business is strong, with no signs of a slowdown, and customer retention and satisfaction are high [14][15][16]