MLB betting partners will cap micro-bets at $200 following FBI indictments of Guardians pitchers accused of rigging pitches.

Emmanuel Clase and Luis Ortiz each face up to 65 years in prison for allegedly rigging pitches so bettors could win hundreds ...

Penn Entertainment CEO Jay Snowden used the company’s post-earnings stock slump as a buying opportunity. Snowden bought 34,700 shares on Friday at an average price of $14.32 each for $496,938.70, ...

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DraftKings cut guidance after a $300M NFL hit, but announced plans for prediction markets and an ESPN deal as analysts ...

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The 10-year licensing agreement for Penn Entertainment to use the ESPN Bet branding for its sportsbook will end on Dec. 1.

Penn Entertainment will be focused on keeping its current digital customers over the next few months after the company ends ...

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A source at a Pennsylvania sports betting operator told LSR last week that sportsbooks will have “no choice” but to pass the ...

Genius Sports raised its 2025 outlook as media and betting revenue surged, with analysts praising renewals, live betting ...

Concerns over structural hold, state taxes and prediction markets led Shaun Kelley of BofA to downgrade DraftKings and ...