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, […]

The SCALER Weekly 5/15/24

Alberta Explores Responsible Online Gaming Expansion Alberta has allocated $1 million in its 2024 budget to evaluate the possibility of expanding its regulated gaming and betting market. The province plans to initiate discussions with industry stakeholders later this year, although no specific timeline has been announced. These consultations will involve traditional casino operators, Racing Entertainment […]

The SCALER Weekly 5/8/24

Stock Tumbles 15% as ESPN Bet Revenue Falls Short Penn Entertainment’s stock saw a significant decline of up to 15% following the release of its first full quarterly earnings report, which included data from ESPN Bet. Despite reporting revenue of $1.61 billion for the first quarter ending in March, in line with consensus estimates, the […]

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 […]

The SCALER Weekly 5/1/24

DraftKings Names Lori Kalani as Chief Responsible Gaming Officer DraftKings Inc. has named Lori Kalani as its first Chief Responsible Gaming Officer, signaling a commitment to player safety and responsible gaming practices. Kalani, with her expertise in consumer protection laws and gaming, will oversee the integration and enhancement of responsible gaming measures across DraftKings’ platforms. […]

The SCALER Weekly 4/24/24

Delaware’s Proposed Sports Betting Overhaul: HB 365 Lawmakers in Delaware are considering significant changes to the state’s sports betting legislation, with House Bill 365 aiming to amend current gaming laws for a more open sports betting market. Delaware, the second state in North America to introduce single-game wagering after Nevada in 2018, initially partnered with […]

The SCALER Weekly 4/17/24

NCAA’s Social Media Monitoring and Prop Bet Campaign The NCAA has employed a third-party company to monitor social media and curb harassment directed at student-athletes, coaches, and officials. NCAA President Charlie Baker expressed concern over the significant challenge of protecting game participants from backlash due to sports betting, prompting measures to address the issue. Baker’s […]

The SCALER Weekly 4/10/24

Alabama Legislature Resumes Talks on Gambling Legislation Amid Amendments and Uncertainties The Alabama Legislature is gearing up to resume discussions on contentious gambling legislation after a week-long pause. Gambling has remained a central point of debate throughout the legislative session, with two bills, HB151 and HB152, aiming to establish comprehensive gaming regulations. While both bills […]

The SCALER Weekly 4/3/24

Major Gaming Firms Launch ROGA for Responsible Gambling Seven of the nation’s largest gaming companies, including FanDuel, DraftKings, BetMGM, and others, are teaming up to form the Responsible Online Gaming Association (ROGA) to promote responsible gaming practices and share information on problem gambling. Although the details of the group’s initiatives remain unclear, given the market […]

The SCALER Weekly 3/27/24

ESPN’s Sports Betting Segment: ‘Risk-Free Investing’ Comment Sparks Controversy The ESPN network, known for its comprehensive sports coverage, has ventured deeply into the realm of sports betting, even launching its own platform called ESPN Bet, in conjuction with Penn National Gaming. However, a recent segment featuring host Rece Davis and analyst Erin Dolan has sparked […]