News Archives - Page 15 of 154 - PlayNY - Page 15

New York online sportsbooks top $214.4M in July revenue as hold jumps to 11.4%

New York online sportsbooks top $214.4M in July revenue as hold jumps to 11.4%

New York’s eight online sportsbooks posted $214.4 million in gross revenue in July, the first time the market has cleared $200 million in that month since mobile betting launched in 2022.

Posted on: August 10, 2026 | | Tyler Andrews

Flutter names new CEO as FanDuel slowdown adds pressure and New York targets prediction markets

Flutter names new CEO as FanDuel slowdown adds pressure and New York targets prediction markets

Flutter will replace CEO Peter Jackson with Dan Taylor next month after a weaker U.S. outlook at FanDuel, rising debt, and growing pressure around prediction markets that now includes a New York lawsuit against Kalshi.

Posted on: August 10, 2026 | | Tyler Andrews

NYC casino expansion framed as long-term career pipeline as Resorts World ramps hiring

NYC casino expansion framed as long-term career pipeline as Resorts World ramps hiring

New York Sen. Joseph Addabbo Jr. says the downstate casino rollout is shifting from simple job creation to long-term career building, with Resorts World New York City and local colleges already feeding workers into the market.

Posted on: August 10, 2026 | | Tyler Andrews

Federal prosecutors seek to jail Terry Rozier co-defendant over alleged witness tampering

Federal prosecutors in the Eastern District of New York have asked a judge to revoke Deniro Laster’s pretrial release, alleging witness tampering and obstruction in the Terry Rozier sports betting corruption case.

Posted on: August 9, 2026 | | Tyler Andrews

Flutter CEO Peter Jackson to step down as FanDuel, PokerStars parent reports weak quarter

Flutter Entertainment will replace CEO Peter Jackson with President Dan Taylor on Oct. 1, with the announcement arriving alongside a weak quarterly report that pressured the stock.

Posted on: August 9, 2026 | | Tyler Andrews

DraftKings says prediction market business is growing faster than expected

DraftKings said its prediction market business is expanding faster than expected, with more than 600,000 users so far this year and annualized trading volume climbing from $2.3 billion in April to $11 billion in July.

Posted on: August 9, 2026 | | Tyler Andrews

DraftKings CEO criticizes earnings-call prediction bets as scrutiny of event contracts grows

DraftKings CEO Jason Robins said wagers on what executives say during earnings calls should not be on the market, spotlighting a wider clash between sportsbook operators and prediction platforms.

Posted on: August 9, 2026 | | Tyler Andrews

DraftKings Q2 revenue slips to $1.44B as favorable bettor results pressure sportsbook margins

DraftKings posted lower second-quarter revenue even as betting handle hit a record, with customer-friendly outcomes and higher promotional spending weighing on sportsbook results.

Posted on: August 9, 2026 | | Tyler Andrews

Malik Beasley appears in Brooklyn court with Jeffrey Lichtman in NBA betting case

Malik Beasley made his first appearance in Brooklyn federal court in the NBA betting corruption case, with attorney Jeffrey Lichtman now leading his defense as prosecutors prepare to start discovery.

Posted on: August 8, 2026 | | Tyler Andrews

Survey finds most sports fans still aren’t using prediction markets

An FGS Global survey found prediction markets remain unfamiliar to many sports fans, with only 13% of respondents saying they currently use one.

Posted on: August 8, 2026 | | Tyler Andrews