
Record Betting Numbers Surge as Tyson-Paul Fight Draws Major Wagering Interest
A 58-year-old Mike Tyson lost to Jake Paul, 27, in an eight-round unanimous decision broadcast on Netflix, with Tyson reportedly earning $20 million. Despite the age gap, the fight generated record-breaking betting numbers.
Jon Jones maintains his position as the betting favorite heading into UFC 309, with odds reflecting strong confidence in his performance.
In a surprising trend, the majority of betting action favored the 58-year-old Tyson prior to Friday's fight, despite the significant age disadvantage.
North American iGaming and sports betting markets could reach $42 billion according to CFRA research, highlighting the industry's massive growth potential.
Flutter Entertainment's Q3 results exceeded Wall Street expectations, causing their shares (NYSE: FLUT) to surge in extended trading.
Inspired Entertainment (NASDAQ: INSE) shows promising potential for growth, with analysts suggesting the stock is currently undervalued relative to its gaming industry peers.
A significant increase in women betting on NFL games has been observed at the midseason point, indicating a broadening demographic in sports betting.
DraftKings recently announced lower guidance for 2024, causing their stock to decline. However, they've enhanced their loyalty program with a new Elite tier and are transitioning their live dealer operations to third-party providers.
BetMGM continues to show strong performance, with soaring revenue as MGM maintains an active share buyback program.
The Ontario gaming market shows signs of maturation based on Q2 revenue figures, while Alberta's market potential was highlighted during a G2E panel discussion.
UFC betting trends show strong support for Max Holloway in his upcoming UFC 308 featherweight bout against Topuria at Abu Dhabi's Etihad Arena.
Sportsbooks indicate that Bronny James winning NBA Rookie of the Year would represent their worst possible outcome, while NBA Hall of Famer Tracy McGrady has joined BetVictor Canada as an ambassador.
The French government is considering online casino gaming legislation to address budget deficits, while British Columbia contemplates following Ontario and Alberta's gaming regulatory framework pending Conservative election results.
Penn Entertainment has increased guidance for its interactive division, while Caesars has launched its newest proprietary gaming platform. In UFC news, Alex Pereira remains the clear betting favorite for UFC 307, and speculation continues about Conor McGregor's potential return.
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