January 9, 2023

January 9, 2023

Kambi and Rush Street Interactive extend sports betting deal

Kambi Group has signed an extension to its North America-facing partnership with online sports betting and casino operator and Rush Street Interactive (RSI).

Under the deal, Kambi will continue to provide its sportsbook engine to RSI in 15 states across the US, as well as in Canada, Colombia and Mexico.

Kambi initially partnered with RSI in 2018 following the repeal of the Professional and Amateur Sports Protection Act (PASPA) in the US and has supported the operator with its expansion across a range of markets.

Read the full story on iGB North America

January 9, 2023

Gaming bill filed as Texas gears up for 2023 legislative session

The Texas legislature will consider a bill that would amend the state’s constitution to legalise casinos at a limited number of locations and set the stage to permit sports betting.

The proposed law – Senate Joint Resolution 17 – would devise the framework for a new body named the Texas Gaming Commission, which would supervise legalised gambling in Texas.

Casino gambling would be authorised at a “limited number of destination resorts and facilities” with the proceeds going towards tax relief and funding for education and public safety.

The amendment’s author is Houston-based state senator Carol Alvarado, a Democrat who initially pre-filed the bill on 14 November 2022.

Read full story on iGB North America

January 9, 2023

Blaze and Parimatch score Brazilian football sponsorship deals

Blaze and Parimatch have agreed to sponsorships with Brazilian football clubs Atlético Clube Goianiense and Botafogo, after the collapse of efforts to introduce a locally regulated sports betting market in the country.

Campeonato Brasileiro Série B side, Atlético Clube Goianiense, announced the sponsorship with Blaze, a sportsbook online provider. Blaze will feature on the club’s kits as the main sponsor.

The length of the deal is currently undisclosed.

Meanwhile, Campeonato Brasileiro Série A team Botafogo agreed a two-year deal for online sports provider Parimatch to become its main shirt sponsor.

Nick van Gorsel, director of operations at Blaze, said that the company is proud to be the new sponsor of Atlético Clube Goianiense.

“The club has a passionate and loyal fan base that will complement our growth. It is a great honour for everyone at Blaze to be part of the ACG family and we will do our part in supporting the club.”

Adson Batista, president of the club, added that the c..

January 9, 2023

Iowa sports betting revenue bounces back in December despite handle drop

Sports betting revenue in Iowa rocketed 251.7% month-on-month in December despite a decline in player spending, while the state also reported year-on-year declines in handle.

Revenue for the month reached $20.4m (£16.8m/€19.1m), which was 52.2% up from $13.4m in December of 2021. This was also comfortably higher than $5.8m in November 2022 when Iowa suffered a sharp decline following multi-million-dollar winning bet payouts to US businessman Jim “Mattress Mack” McIngvale.

Figures published by the Iowa Racing and Gaming Commission (IRGC) showed that of total revenue posted in December, $17.6m came from online sports betting, while a further $3.1m was attributed to retail sportsbook activity.

Read the full story on iGB North America

January 9, 2023

Elys secures sports betting proprietor licence in Ohio

Elys Game Technology has become one of the latest gambling businesses to secure a licence in Ohio’s newly launched legal sports betting market.

Issued by the Ohio Casino Control Commission (OCCC), the Type C sports gaming proprietor licence will enable Elys to roll out its sports betting technology in the state, which opened its regulated market on 1 January this year.

Incidentally, Elys’ licence will run for a period of five years, beginning on 1 January.

Read the full story on iGB North America

January 9, 2023

New York sports betting handle hits nine-month high in December

Consumer spending on mobile sports betting in New York reached its highest total in nine months during December, although revenue fell month-on-month.

The state’s handle for December was $1.62bn (£1.34bn/€1.52bn), up 3.9% from $1.56bn in November and the third-highest monthly amount since the state launched its legal online betting market in January 2022.

However, gross gaming revenue from sports wagering fell for the first time in five months, with the December total reaching $141.8m, down 4.34% from the record $148.2m reported in November.

Read the full story on iGB North America

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Daily Archives: January 9, 2023