Imagine sitting on your couch, playing on the big screen and your betting app glowing with possible outcomes. But this isn’t a gut bet or a happy hunch; This is calculated precision – an algorithm that runs millions of simulations as you sip your drink. AI sports betting is not just a buzzword. It’s a … Read more
The S&P 500 and the Dow Jones Industrial Average set new records this month as earnings season began. However, while the major indexes continue to hit all-time highs and a record share of Americans now own stocks, a growing number of investors appear to be abandoning the market in favor of sports betting. A July … Read more
Flutter, the Dublin-based parent of FanDuel, bought Italian gambling service Snaitech last month for $2.6 billion, hard on the heels of its purchase of a majority stake in NSX Group, one of Brazil’s biggest gambling operators. The sports betting giant spent roughly $3 billion in total; both acquisitions are expected to close in the second … Read more