Rush Street Interactive Mulls Potential Sale, May Have Contacted DraftKings
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Shares of online gaming operator Rush Street Interactive (NYSE: RSI) rallied late Thursday on a report that the company is considering a sale and has reached out to multiple suitors, including DraftKings (NASDAQ: DKNG). A Rush Street Interactive advertisement. The company is rumored to be in takeover talks and DraftKings could be a potential buyer.…
Read MoreSports Betting Marketing Facing New Restrictions Under Proposed Legislation
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Proposed federal legislation would place limits on the ways U.S. sports betting companies market and interact with their customers. U.S. Rep. Paul Tonko (D-NY) says his SAFE Bet Act is needed in a new era of high-tech sports betting. U.S. Representative Paul Tonko (D – New York) is introducing new legislation that would limit how…
Read MoreAnother iGaming Study Concludes Online Gaming Complements Brick-and-Mortar
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An iGaming study commissioned by the Sports Betting Alliance (SBA) has reached similar conclusions as another recent study that online casinos complement — not hurt — brick-and-mortar casinos. A billboard advertising the Borgata Online Casino is seen near the Ben Franklin Bridge in Philadelphia. A new study concludes that legal iGaming only helps brick-and-mortar casinos.…
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