Rates, Odds, Money Supply, and Jerome Powell
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 […]
Who Wants to Buy an NFL Team?
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. […]
DKNG EARNINGS
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 Power of Pressure
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 […]
“CHAOS”: Consolidation of North America’s Gaming Market
New industries are often described as “chaotic” and the North American Gaming market has been no different in its description by many. But is that label accurate? Does that description of chaos hold now that we have entered a period of consolidation? Before a strategy for navigation can be set, understanding the correct environment and […]
The Potential Domino Effect of a Sports Betting Patent Lawsuit
Let’s talk about the potential domino effect of a sports betting patent lawsuit… Get Out Ahead, LLC has filed a patent infringement lawsuit against WagerWire, LLC, alleging violation of its patented cashout feature—a popular tool allowing bettors to withdraw bets before events conclude. For those unfamiliar, WagerWire has created a secondary market where bettors can […]
Let’s Talk About Cease and Desist Letters
Michigan’s state gambling regulatory agency, the Michigan Gaming Control Board (MGCB) and Connecticut’s Department of Consumer Protection’s gaming division, recently made headlines by issuing “cease and desist” letters to the popular offshore betting operator, Bovada’s parent Harp Media B.V (Harp). The state aims to protect its legal operators from losing market share thereby maximizing tax […]
NATIONAL SQUASH LEAGUE PARTNERS WITH SHARPRANK
Baltimore, MD – The National Squash League (NSL) has partnered with SharpRank, to assist in creating and executing strategy around gaming and betting integrations for the League. The partnership between SharpRank and NSL will focus on key areas necessary for frictionless and effective integration of gaming for all stakeholders. Leveraging SharpRank’s industry expertise to […]
THE SURGE OF UNLICENSED “EXPERTS”
Roaring Kitty, also known as Keith Gill, emerged as a significant influencer within the financial markets, particularly among retail investors. The main character of the 2023 movie, Dumb Money, Gill orchestrated substantial movements in stock prices, specifically Gamestop and AMC Theaters, and reshaped the behavior of individual investors. Through meticulously crafted content disseminated via YouTube, […]
NFL Draft Odds, League Insiders, and A Cat in a Box
The conflicts of interest that exist from merging media/content platforms with sports betting operations has come under the microscope, again. As a quick refresher. In the 2023 NBA draft, NBA insider and FanDuel Partner, Shams Charania, posted a tweet (accompanied by a press run that included ESPN’s The Pat McAfee Show) that coincided with a […]
