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FanDuel CEO Forecasts Profitability Amid Rising Competition

FanDuel CEO Amy Howe recently reiterated that the largest US online sportsbook will be profitable this year. This is even though the landscape is growing increasingly competitive. They were already profitable the first half of the year. FanDuel and DraftKings currently combine for 76% of the US online sports wagering market. So what do you

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Atlantic City Casino Profits Tumble 20%, Still In The Black

Even though profits tumbled 20% all nine Atlantic City casinos were still profitable. This is for the second quarter compared to a year ago. The New Jersey Division of Gaming Enforcement released the second quarter profit reports for the nine casinos on Tuesday. Gross operating profits crashed nearly 20% to $138 million even though net

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