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United States Fantasy Sports Market Insights Report 2023: A $6.87 Billion Industry by 2028 with DraftKings, FanDuel, Yahoo, ESPN, and Paramount Dominating - ResearchAndMarkets.com

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Monday, December 11, 2023

Sports, Casino, Gaming, Mobile Entertainment, Entertainment, Other Sports, FanDuel, Growth, VR, DraftKings, Gen, Virtual reality, Sport, DFS, Augmented reality, Millennials

The US fantasy sports market will be valued at around $6.87 billion by 2028, up from $3.4 billion in 2022, growing at a CAGR of 12.1$

Key Points:

The US fantasy sports market will be valued at around $6.87 billion by 2028, up from $3.4 billion in 2022, growing at a CAGR of 12.1$
This report provides complete information regarding adopting fantasy sports in the US region.
Factors such as the rising demand for augmented reality (AR) & virtual reality (VR) enabled fantasy sports to increase popularity among the Millennial & Gen Z population.
These are anticipated to surge the demand for fantasy sports in the region during the forecast period.
Fantasy sports has witnessed considerable growth in the number of users engaged in playing the various contests offered by vendors.

Detroit Casino Council: Ongoing Strike at Detroit Casino Clouds Much-Anticipated Launch of ESPN BET

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Tuesday, November 14, 2023

On Tuesday, Oct. 17, unionized casino workers at MGM Grand Detroit, MotorCity Casino, and Hollywood Casino at Greektown launched a wall-to-wall strike affecting 3,700 casino workers, including dealers, cleaning staff, food and beverage workers, valets, engineers, and more.

Key Points:

On Tuesday, Oct. 17, unionized casino workers at MGM Grand Detroit, MotorCity Casino, and Hollywood Casino at Greektown launched a wall-to-wall strike affecting 3,700 casino workers, including dealers, cleaning staff, food and beverage workers, valets, engineers, and more.
Late last week, the Detroit Casino Council (DCC) called on the public to boycott all sports betting and online casino platforms associated with the three casinos where workers have been forced on strike: ESPN BET and Hollywood iCasino (Hollywood Casino at Greektown), FanDuel (MotorCity Casino), and BetMGM (MGM Grand Detroit).
Since then, Detroit casino workers have received only 3% raises, but inflation in Detroit has risen 20%.
These five unions represent most of the workers at the three casinos in Detroit: Hollywood Casino at Greektown, MGM Grand Detroit, and MotorCity Casino.

Detroit Casino Council: Striking Detroit Casino Workers Call for Boycotts of Online Betting Platforms FanDuel, ESPN BET, Hollywood iCasino, and BetMGM

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Friday, November 10, 2023

Today, the Detroit Casino Council (DCC) is calling on the public to boycott four sports betting and online casino platforms associated with the three casinos where workers have been forced on strike: FanDuel (MotorCity Casino), soon-to-be-launched ESPN BET and Hollywood iCasino (Hollywood Casino at Greektown), and BetMGM (MGM Grand Detroit).

Key Points:

Today, the Detroit Casino Council (DCC) is calling on the public to boycott four sports betting and online casino platforms associated with the three casinos where workers have been forced on strike: FanDuel (MotorCity Casino), soon-to-be-launched ESPN BET and Hollywood iCasino (Hollywood Casino at Greektown), and BetMGM (MGM Grand Detroit).
Some users of online sports betting and casino apps may be unaware that workers at the brick-and-mortar casinos that hold online gambling licenses in Michigan are on strike.
On Tuesday, Oct. 17, unionized casino workers at MGM Grand Detroit, MotorCity Casino, and Hollywood Casino at Greektown launched a wall-to-wall strike affecting 3,700 casino workers, including dealers, cleaning staff, food and beverage workers, valets, engineers, and more.
These five unions represent most of the workers at the three casinos in Detroit: Hollywood Casino at Greektown, MGM Grand Detroit, and MotorCity Casino.

NFL Hall of Famers Ray Lewis and Lawrence Taylor Become Newest Team Owners in World Jai-Alai League

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Tuesday, December 12, 2023

WJAL, NBA, Warrior, Sport, Grammy Awards, Olympic Gold, ESPN, NFL, UFC, Social media, National Football League, League, Partnership, Growth, Athlete, DraftKings

MIAMI, Dec. 12, 2023 /PRNewswire/ -- Retired National Football League legends, Ray Lewis and Lawrence Taylor, today announced a partnership with the World Jai-Alai League (WJAL) to become co-owners of the Warriors.

Key Points:

MIAMI, Dec. 12, 2023 /PRNewswire/ -- Retired National Football League legends, Ray Lewis and Lawrence Taylor, today announced a partnership with the World Jai-Alai League (WJAL) to become co-owners of the Warriors.
Lewis first joined the WJAL Board of Directors in March, kickstarting an incredible year in which the League has experienced a surge of growth and interest.
"We are thrilled to welcome this pair of NFL Hall of Famers, widely regarded as the two best defensive players of all time, as the newest team owners in the WJAL," said Scott Savin, Chief Operating Officer of WJAL.
"World Jai-Alai League has seen incredible growth this year and we're excited for the future of the sport."

Global Growth Continues to Surge for Hooters, Announces Recent Mexico Development

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Tuesday, November 28, 2023

Restaurant, 2022 PointsBet Invitational, Food, Nation's Giant Hamburgers, Hooters, HOA, DraftKings, Sport, Franchise Times, Overalls, Environment, Retail, Video game

ATLANTA, Nov. 28, 2023 /PRNewswire/ -- Hooters®, the original American wing joint, expands its global presence as international development continues to surge. The legacy brand and industry leader recently opened four locations across Mexico, and just opened its newest location in Queretaro Antea this month. The iconic brand has made international growth a centerpiece of its overall growth strategy, with prime territories available overseas and in the United States.

Key Points:

The iconic brand has made international growth a centerpiece of its overall growth strategy , with prime territories available overseas and in the United States.
Spearheading Hooters massive growth across Mexico is multi-unit franchisee, Hooters de Mexico led by Paolo Pagnozzi.
"Hooters is well positioned in the international sector due to its global brand recognition and proven business model," said Pagnozzi.
With 18% of the Hooters brand being international, global growth will remain a fundamental piece of the overall franchise development strategy.

DraftKings Announces Plans to Launch Online Sportsbook in Maine Through Deal with Passamaquoddy Tribe

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Tuesday, October 31, 2023

DKNG, Person, ME, Organization, Passamaquoddy, Android, Growth, IOS, Gambling, DraftKings, Joint Tribal Council of the Passamaquoddy Tribe v. Morton, American Gaming Association, Sport

“Building a relationship with the Passamaquoddy Tribe is a fantastic opportunity for DraftKings, as we look to bring customers in the state of Maine safe and legal sports betting,” said Jason Robins, Chief Executive Officer and co-founder, DraftKings.

Key Points:

“Building a relationship with the Passamaquoddy Tribe is a fantastic opportunity for DraftKings, as we look to bring customers in the state of Maine safe and legal sports betting,” said Jason Robins, Chief Executive Officer and co-founder, DraftKings.
“The Passamaquoddy Tribe is excited to enter into a mobile sports wagering agreement with DraftKings,” said Chief William Nicholas, Passamaquoddy Tribe.
DraftKings is committed to creating inclusive and responsible pathways for people to build, create, imagine and innovate through the DraftKings S.E.R.V.E.S.
Eligible customers in Maine can access the latest betting markets and more by downloading the DraftKings Sportsbook app available via iOS and Android here .

Gaming Innovation Group appoints Andrew Cochrane as new Chief Business Officer for Platform & Sportsbook

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Thursday, November 2, 2023

Optimism, Acquisition, EGR, Growth, Marketing, Turkish coup d'état, Sportsbook, Gaming Innovation Group, Multichannel, DraftKings, AI, CBO, Platform, Gig, Creative industries

ST JULIANS, Malta, Nov. 2, 2023 /PRNewswire/ -- Gaming Innovation Group (GiG) has announced former SBTech and DraftKings executive Andrew Cochrane as its new Chief Business Officer (CBO) for Platform & Sportsbook, marking a significant step in the tech providers' ambitious growth plans.

Key Points:

ST JULIANS, Malta, Nov. 2, 2023 /PRNewswire/ -- Gaming Innovation Group (GiG) has announced former SBTech and DraftKings executive Andrew Cochrane as its new Chief Business Officer (CBO) for Platform & Sportsbook, marking a significant step in the tech providers' ambitious growth plans.
Andrew will be responsible for the implementation of GiG's commercial strategies across its full complement of award winning igaming platform, sportsbook and AI anchored solutions, including business development, marketing, partnerships and corporate development.
Richard Carter, CEO for Platform & Sportsbook at GiG said; "Having collaborated with him in previous endeavours, I am delighted that we have Andrew onboard to help propel our commercial efforts to unprecedented heights.
Andrew Cochrane, Chief Business Officer comments; "This is an extremely exciting time to be joining GiG.

Gaming Innovation Group appoints Andrew Cochrane as new Chief Business Officer for Platform & Sportsbook

Retrieved on:

Thursday, November 2, 2023

Optimism, Acquisition, EGR, Growth, Marketing, Turkish coup d'état, Sportsbook, Gaming Innovation Group, Multichannel, DraftKings, AI, CBO, Platform, Gig, Creative industries

ST JULIANS, Malta, Nov. 2, 2023 /PRNewswire/ -- Gaming Innovation Group (GiG) has announced former SBTech and DraftKings executive Andrew Cochrane as its new Chief Business Officer (CBO) for Platform & Sportsbook, marking a significant step in the tech providers' ambitious growth plans.

Key Points:

ST JULIANS, Malta, Nov. 2, 2023 /PRNewswire/ -- Gaming Innovation Group (GiG) has announced former SBTech and DraftKings executive Andrew Cochrane as its new Chief Business Officer (CBO) for Platform & Sportsbook, marking a significant step in the tech providers' ambitious growth plans.
Andrew will be responsible for the implementation of GiG's commercial strategies across its full complement of award winning igaming platform, sportsbook and AI anchored solutions, including business development, marketing, partnerships and corporate development.
Richard Carter, CEO for Platform & Sportsbook at GiG said; "Having collaborated with him in previous endeavours, I am delighted that we have Andrew onboard to help propel our commercial efforts to unprecedented heights.
Andrew Cochrane, Chief Business Officer comments; "This is an extremely exciting time to be joining GiG.

BUTLER NATIONAL SUBSIDIARY OBTAINS FAA APPROVAL KING AIR WITH EXTENDED NOSE BAY AND "WHALE POD"

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Wednesday, November 1, 2023

Catalog, STC, Boot Hill, Maintenance, OTCQB, MRO, DraftKings, Camp Butler National Cemetery, FAA, Nose, Whaling, Airline, Avcon

NEW CENTURY, Kan., Nov. 1, 2023 /PRNewswire/ -- Butler National Corporation (OTCQB: BUKS), a leader in the growing global market for specialized aircraft structural modification, maintenance, repair and overhaul (MRO) and a recognized provider of gaming management services, announces that its subsidiary, Avcon Industries, Inc., obtained Federal Aviation Administration Supplemental Type Certificate (STC) approval of the Avcon nose extension and the Avcon extra-large "Whale Pod" modifications in the King Air Model B300 Airplanes.

Key Points:

Avcon obtained STC SA04581CH for the installation of the Avcon extended nose and the Avcon "Whale Pod" on the King Air Model B300.
The Avcon extended nose may allow installation of up to a 20-inch camera or EO/IR sensor.
"The 'Whale Pod' is uniquely designed by the Avcon aerospace engineers to minimize drag and maximize available space for King Air Operators," commented Chris Reedy, President and CEO of Butler National Corporation.
"Similarly, the Avcon King Air Nose Extension creates new usable space for many different applications.

Millennials Are Most Likely Generation to Participate in Online Sports Betting

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Thursday, October 26, 2023

Online, Digital, FanDuel, Generation, Research report, Male, Millennials, SYRACUSE, DraftKings, Sport, MMA, Football, KS, Generation X

SYRACUSE, N.Y., Oct. 26, 2023 /PRNewswire/ -- KS&R, an industry-leading strategic consultancy and marketing research firm, today announced the release of its research report, "Rise of the Digital Gamblers: Insights into the U.S. Online Sports Betting Landscape."

Key Points:

Millennials (42%) followed by Generation X (28%) are the top two generational categories.
Older Gen Z and Millennials are more than twice as likely to bet on MMA / UFC and soccer compared to older bettors.
Bucking the conventional wisdom, 89% of bettors say that their online sports betting has had no impact on how much they spend on other activities.
"But there are also concerns regarding overspending and possible addiction given the ease of placing online sports bet, so it'll be imperative for online sports betting companies to prioritize responsible gaming."