“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 SCALER Weekly 5/29/24
SharpRank’s weekly updates on Compliance, Audit, Legislation, Ethics, & Regulation within the Sports Betting Industry. Topics 5/29/24: Operator No-Show at Massachusetts Gaming Commission Roundtable Fuels Transparency Push Parx CEO Testifies Amid Regulatory Discussions on Pennsylvania Skill Games West Flagler Challenges Florida Gaming Compact in Supreme Court Exploring AI’s Impact on Sports and Betting Colorado […]
The SCALER Weekly 5/22/24
SharpRank’s weekly updates on Compliance, Audit, Legislation, Ethics, & Regulation. Topics 5/22/24: Ohio Gaming Agency Adapts Rules for Sports Betting Operators MLB Scandal Deepens: Fletcher Linked to Illegal Gambling Debate Over College Player Prop Bets in North Carolina Minnesota Sports Betting Bill Fails Amid Political Division Nevada Grants Full Gaming Licenses to Entain and […]
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, […]
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 […]
