Daily Archives: November 14, 2022

NY sets another online sports betting revenue record in October

New York set a new online sports betting revenue record for the second consecutive month in October, while the state’s handle reached its highest total since March.

Gross gaming revenue from online wagering amounted to $145.7m in October, up 1.67% from the existing record of $143.3m set in September.

Player spending also increased by 22.2% month-on-month to $1.54bn, the highest amount in seven months and the third-highest monthly total since the state launched its legal market at the start of the year.

Read the full story on iGB North America

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DSWV partners IBIA to protect sporting integrity

The German Sports Betting Association (DSWV) and the International Betting Integrity Association (IBIA) have signed a Memorandum of Understanding (MoU) in an effort to protect sports integrity.

Under the arrangement, the DSWV and IBIA will work in partnership and coordinate their activities on betting and related integrity issues in Germany.

The two associations will bring together their expertise on activities aimed at promoting a viable regulated sports betting market in the country that has high consumer channelling and related consumer, sports and operator integrity protection measures.

“The partnership between the DSWV and IBIA is another welcome step forward for the German sports betting industry,” DSWV president Mathias Dahms said. “With its many years of international experience and expertise in the field of sports integrity, the IBIA will support us in strengthening the regulated market and protecting it from manipulation.

“We therefore look forward to many joint projects..

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“No connection” between MGA and subjects of mafia investigation, regulator says

The Malta Gaming Authority (MGA) has said that recent preliminary investigations into mafia associations with Malta-based gambling have found no links between the MGA and suspected individuals.

Reports in the media said the Italian authorities had contacted the MGA regarding how the mafia had been using websites owned by Maltese operators to offer unlicensed and illegal gambling.

A report published in the Times of Malta last November said individuals illegally collected money for bets in Italy using sites belonging to Maltese companies operating without a licence issued by the Italian authorities. This, it claimed, helped them to launder money from other illegal activities.

A follow-up then said that preliminary investigations had concluded last week and that a total of 34 individuals had been identified.

However, the MGA said that it had been established that there were no links between itself and those that had carried out the reported illegal activity.

“The MGA refers to repor..

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