Raising Stake

08/12/2022

Send #5: Raising Stake Newsletter

➡️ Jake Paul & making moves
➡️ Mass going after Portnoy
➡️The dumbest sports sponsorship we've ever seen
➡️ $CZR in app streaming
💣 AI drawing of Jason Robins vs Portnoy

https://raisingstake.beehiiv.com/p/5-sports-media-giant-no-one-talking-yet

Get the FREE newsletter read by c-suite execs, founders, and investors in sports, gambling, and media. Pulled directly from the uncensored text messages of industry veterans Jason Ziernicki and Kyle Scott. This is literally all they know.

05/12/2022

Caesars "Watch & Bet" Is First to Stream an Game Live Within Its App

https://raisingstake.com/caesars-watch-bet-is-first-to-stream-an-nfl-game-live-within-its-betting-app/

The protagonist is home alone. The phone will not stop ringing. The caller either breathes heavily into the phone, makes veiled threats or (worst of all) says nothing. There is only one sensible t…

03/12/2022

New York Senate Weighing Merits of Proposed Bill to Regulate “Predatory Online Bonuses”

https://raisingstake.com/new-york-senate-weighing-merits-of-proposed-bill-to-regulate-predatory-online-sportsbook-bonuses/

And here we thought New York State was over the moon about how legalizing online sports betting turned out. This very week, we reported on the November press release from New York Governor Kathy H…

02/12/2022

Market Manipulation? Manchester United Stock Up 75% in a Month on Sale Rumors

https://raisingstake.com/market-manipulation-manchester-united-stock-up-75-in-a-month-on-sale-rumors/

We reported here recently that Apple was linked to rumors indicating that the tech giant is interested in purchasing Manchester United Football Club from the Glazer family. Those rumors have slowe…

01/12/2022

Lies, Damn Lies, and Statistics: American Gaming Association Report Tells Woefully Incomplete Story

https://raisingstake.com/lies-damn-lies-and-statistics-american-gaming-association-report-tells-woefully-incomplete-story/

Your humble correspondent’s Civil Procedure law professor is sadly (maybe happily for him though) teaching his lessons these days in that great law school in the sky. The man lived to 94& #82…

29/11/2022

DK needed a win....appears to have found one

, Churchill Downs Announce “DK Horse” App in Advance of 2023

https://raisingstake.com/draftkings-churchill-downs-announce-dk-horse-app-in-advance-of-2023-kentucky-derby/

Not even 24 hours ago, we reported that DraftKings was once again getting knocked around after a JPMorgan analyst downgraded its stock. Life moves pretty fast, what a difference a day makes, etc. …

28/11/2022

Don’t Expect That Sportsbook Anytime Soon...

https://raisingstake.com/dont-expect-that-espn-sportsbook-anytime-soon/

28/11/2022

The Has an Information Problem: Bettors Left Questioning, Frustrated Before vs Game

https://raisingstake.com/the-nfl-has-an-information-problem-bettors-left-questioning-frustrated-before-bears-vs-jets-game/

23/11/2022

New York Times Swings, Misses at Penn Entertainment, Dave Portnoy

https://raisingstake.com/new-york-times-swings-misses-at-penn-entertainment-dave-portnoy/

The New York Times Sunday edition is its pride and joy. Not that the Old Gray Lady doesn’t give its best effort Monday through Saturday. It does. But when the Times gets its ears pinned back…

15/11/2022

Another Round of Sports Sponsorships Might Be About To Get Nuked

https://raisingstake.com/another-round-of-crypto-sports-sponsorships-might-be-about-to-get-nuked/

Short weekend post here: First FTX and the Miami Heat. Now Crypto.com and the Sixers, Lakers, and Clippers might be next. Crypto.com reportedly spends $10 million per year on Sixers jersey brandin…

15/11/2022

Caesars and Finding Their Footing; Stock Prices Rebound

https://raisingstake.com/caesars-and-draftkings-finding-their-footing-stock-prices-rebound/

We reported recently that online sportsbooks generally and DraftKings specifically were spilling too much red ink for investors’ liking. But just as with casino games, while the house doesn&…

12/11/2022

As NY Betting Handle Pops, Online Casino Legislation Excitement Builds for 2023

https://raisingstake.com/as-ny-betting-handle-pops-online-casino-legislation-excitement-builds-for-2023/

The New York sports betting handle continues to be the largest in the country by far, as legislation for CA, TX, and FL gathers dust. October is the sweet spot for NY bettors as the action is on f…

12/11/2022

Jackpocket Review: An Industry-Changing App

https://raisingstake.com/jackpocket-lottery-app-review/

The Jackpocket Lottery App – Is it Legit? Safe? Legal? As the first officially-licensed third-party app for state lotteries in the US, Jackpot is catching the eye of thousands of players acr…

10/11/2022

5 Reasons Why Betting Won't Pull Out of the Hole

https://raisingstake.com/5-reasons-why-world-cup-betting-wont-pull-sportsbooks-out-of-the-hole/

We have reported here recently that, even while posting profitable quarters, online sportsbooks are falling short of investors’ expectations and seeing stock prices fall. Customer acquisitio…

09/11/2022

(Cautiously) Looking Into Live Sports, Buying Leagues

https://raisingstake.com/netflix-cautiously-looking-into-streaming-live-sports-buying-leagues/

It isn’t even hyperbole to say this now: Live sports are basically the last media content with any immediacy. Long gone are the days of serial television shows keeping you waiting a week (or…

08/11/2022

$1.9 Billion Drawing Delayed. Why The Wait?

https://raisingstake.com/1-9-billion-powerball-drawing-delayed-why-the-wait/

If you were one of the millions eagerly awaiting Monday night’s Powerball drawing, it looks like the waiting will continue. According to the California Lottery, last night’s drawing wa…

07/11/2022

$1.9 Billion Jackpot Breaks Records, Smaller Wins Make Waves

https://raisingstake.com/1-9-billion-powerball-jackpot-breaks-records-smaller-wins-make-waves/

The Powerball jackpot is soaring at $1.9 billion but still no ticket sold has matched all six winning numbers. With a cash value of $929.1 million, people everywhere are anxiously waiting to see i…

01/11/2022

As Exceeds $1 Billion, Jackpocket Explodes in Popularity

https://raisingstake.com/as-powerball-exceeds-1-billion-jackpocket-lottery-explodes-in-popularity/

With the latest Powerball jackpot now above $1 BILLION dollars, yes, we know it is crazy, lottery players continue to look for the easiest way to buy tickets. With a Powerball drawing of this size…

31/10/2022

28/10/2022

Recent Poll Shows the Potential Impact of on the

https://raisingstake.com/recent-poll-shows-the-potential-impact-of-crypto-on-the-elections/

As Election Day for the 2022 midterms approaches, more people are joining the debate over how much crypto will impact voting, and new data from The Crypto Council for Innovation’s recent pol…

27/10/2022

“All In” to Out? President Jimmy Pitaro Says The Worldwide Leader Will Not Open a Sportsbook

https://raisingstake.com/all-in-to-out-espn-president-jimmy-pitaro-says-the-worldwide-leader-will-not-open-a-sportsbook/

A scant six weeks ago, Disney CEO Bob Chapek shook up the world with his offhanded observation that ESPN, a Disney property, might open its own online sportsbook. Per Matthew Waters’ Septemb…

27/10/2022

Jackpocket App Surges in Popularity as Hits $800M Prize

https://raisingstake.com/jackpocket-app-surges-in-popularity-as-powerball-hits-800m-prize/

With the latest Powerball jackpot above $800 million dollars, lottery players continue to look for the easiest way to buy lottery tickets. Long lines and simply dealing with people are enough reas…