The SCALER Weekly 9/4/24
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SharpRank’s weekly updates on Compliance, Audit, Legislation, Ethics, & Regulation within the Sports Betting Industry. Click here to read our latest blog post: Rates, Odds, Money Supply, and Jerome Powell Topics 9/4/24: Giovanni Rocco Neto Appointed as Brazil’s Sports Betting Secretary Star Entertainment Faces Trading Halt Amid Financial and Regulatory Troubles ACMA Orders ISP […]
Rates, Odds, Money Supply, and Jerome Powell
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What Jerome Powell and the FED have to do with a Sportsbook… Since his press conference from Jackson Hole earlier this month, Jerome Powell, the Federal Reserve (FED), and potential rate cuts are top of mind for seemingly everyone. So, let’s look at how an economy/markets can be affected. Most people assume supply and demand […]
The SCALER Weekly 8/28/24
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SharpRank’s weekly updates on Compliance, Audit, Legislation, Ethics, & Regulation within the Sports Betting Industry. Click here to read our latest blog post: Who Wants to Buy an NFL Team? Topics 8/28/24: Missouri to Vote on Sports Betting Legalization in November Bovada Exits Ohio After Regulatory Crackdown Texas Sports Betting Delayed Amid Casino Legalization […]
Who Wants to Buy an NFL Team?
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NFL & Private Equity Investment in Teams With a meeting on August 27th to discuss and possibly vote on the issue of private equity ownership of NFL franchises, here’s a quick exercise to demonstrate why this is on the table for NFL owners… Raise your hand if you WANT to buy an NFL team. Great. […]
The SCALER Weekly 8/21/24
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SharpRank’s weekly updates on Compliance, Audit, Legislation, Ethics, & Regulation within the Sports Betting Industry. Topics 8/21/24: NFL Considers Private Equity Investment in Teams Notre Dame Suspends Men’s Swimming Program Over Gambling Violations AGA Urges Crackdown on Sweepstakes Gambling Evasion DraftKings Scraps Tax Surcharge Amid Backlash, Stock Rises MGM Partners with Grupo Globo to […]
The SCALER Weekly 8/14/24
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SharpRank’s weekly updates on Compliance, Audit, Legislation, Ethics, & Regulation within the Sports Betting Industry. Click here to read our latest blog post: DKNG Earnings: The One Thing No One Is Talking about Topics 8/14/24: Missouri Sports Betting Referendum Certified for November Ballot Ontario Seeks Global Online Gaming Expansion California Signs New Tribal […]
DKNG EARNINGS
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DKNG Earnings: The One Big Thing No One Is Talking About… Last week Draftkings, Inc. (DKNG) reported the quarterly earnings. For the most part, bulls and bears saw/heard exactly what they needed to reaffirm their stances. Revenue beat, CY adjusted EBITDA guidance cut, reaffirm 2025 adjusted EBITDA guidance, etc. The biggest news came from the […]
The SCALER Weekly 8/7/24
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SharpRank’s weekly updates on Compliance, Audit, Legislation, Ethics, & Regulation within the Sports Betting Industry. Click here to read our latest blog post: The Power Of Pressure Topics 8/7/24: NY Bill Extends Gambling Ad Restrictions to Online Betting Missouri Sports Betting Campaign Faces Slowdown and Legislative Hurdles Bookie Pleads Guilty in Illegal Gambling […]
The Power of Pressure
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Compliance Lessons from TikTok: A Blueprint for the Sports Gambling Industry Throughout the years, TikTok has faced intense scrutiny over the security and privacy of its platform. This pressure has driven the company to implement significant measures to safeguard user data and enhance its cybersecurity protocols. While the pressure was building, TikTok relied on internal […]
The SCALER Weekly 7/31/24
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SharpRank’s weekly updates on Compliance, Audit, Legislation, Ethics, & Regulation within the Sports Betting Industry. Click here to read our latest blog post: “CHAOS”: Consolidation Of North America’s Gaming Market Topics 7/31/24: Nevada Gaming Board Enhances Regulations and Systems Nebraska Eyes Online Sports Betting to Ease Property Taxes Bally Bet Launches in Maryland, Boosting Education […]