December 21, 2022

December 21, 2022

Delaware igaming slips to nine-month low in November

Online gambling revenue in Delaware fell to a nine-month low in November, while sports betting revenue also declined month-on-month.

Revenue from igaming in November amounted to $987,423, down 0.9% from $987,423 last year and 17.6% behind $1.2m in October. The monthly figure was also the lowest since the $843,247 generated in February this year.

Of this total, $803,671 came from video lottery games, with $149,443 generated by internet table games and the remaining $34,319 from poker rake and fees.

Read the full story on iGB North America

December 21, 2022

2022 World Cup breaks betting records, thanks in part to US growth

Betting across the 2022 Fifa World Cup increased by 13% from 2018’s tournament according to OpenBet, while GeoComply noted the final was surpassed only by the Super Bowl in the US.

OpenBet said its performance among European players broke a record, with an engagement level increase of 22%. Canada, a joint host for the 2026 World Cup, recorded a 21% increase for the same metric, also setting a record.

Canada will share hosting duties with the US and Mexico, where the tournament will return to being played over the summer. The Qatar World Cup was organised for November and December due to inhospitable temperatures in June and July.

In North America, OpenBet said World Cup betting was more than double the size of the men’s and women’s NCAA basketball tournaments.

It also found that more 12 million bets were placed on the US team during the World Cup, garnering more than $100m (£82.3m/€94.1m) in stakes.

“Alongside a strong performance in Europe, the growth we have seen in North Ameri..

December 21, 2022

Industry insiders say New York Times series paints unfair picture

State lawmakers and stakeholders in the gaming industry have taken aim at the New York Times for its critical reporting on the expansion of US sports betting just as the industry met in Las Vegas to discuss best practices related to responsible and problem gaming. By Buck Wargo.

In late November, the New York Times, in a year-long investigation, outlined how the industry lobbied state officials with gifts and contributed millions in campaign donations to spur expansion after the repeal of PASPA in 2018.

The series depicted how ads on television and websites for making bets had become unavoidable and outlined the consequences to public health, taxpayers and the sports world.

The Times wrote that lawmakers gave out tax exemptions, which ultimately subsidised operators’ luring of patrons with free bets and other promotions, and found promises of tax revenue haven’t materialised.

When it comes to responsible gaming, the New York Times said the industry has been “creative in devising wa..

December 21, 2022

Brentford star Toney faces further FA charges over betting rule breaches

The English Football Association (FA) has issued more charges against Brentford striker Ivan Toney after uncovering further breaches of its betting rules.

Last month, Toney was charged with a breach of FA Rule E8, which states any player, match official or coach must not bet, either directly or indirectly, on any matters related to football anywhere in the world.

Toney was initially found to have breached this rule 232 times between 25 February 2017 and 23 January 2021 – a period in which he was playing in leagues outside of the top tier Premier League in England.

Ahead of being issued with charges, Toney confirmed that he had been helping the FA with its investigation.

Following further investigation by the FA, the body now alleges that Toney breached this rule an additional 30 times between 14 March 2017 and 18 February 2019.

The striker is yet to publicly respond to the latest charge, but has until 4 January 2023 to provide a formal response.

Brentford FC acknowledged the char..

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Daily Archives: December 21, 2022