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Daily Archives: March 8, 2023

March 8, 2023

New Brazil integrity body forms in wake of scandals

A consortium of organisations with a stake in Brazilian sports betting have announced the formation of a new non-profit Brazilian sports integrity body, the Associação Brasileira de Defesa da Integridade do Esporte (ABRADIE).

The establishment of the new body follows a number of recent match-fixing scandals in the Portuguese-speaking country, which have led to a national conversation regarding its betting laws.

Involved in the creation of the association are Genius Sports, Entain, daily fantasy sports operator Rei Do Pitaco, as well as law firms Bichara e Motta and Maia Yoshiyasu Advogados, who released a joint statement following the group’s formation.

Luiz Felipe Maia from the Maia Yoshiyasu firm argued that the association was being formed at a “critical time,” due to the pressures of the growing Brazilian market and the ongoing question of regulation.

ABRADIE

ABRADIE states that it will operate as a collaborative group that will partner with regulators, federal and state la..

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March 8, 2023

US sports betting in 2023: Where do we go from here?

H2 Gambling Capital's in-depth analysis of the current state of the US sports betting market, and its future growth trajectory, is now available as a report.

H2 Gambling Capital: US sports betting exceeding expectations

The fifth anniversary of the Supreme Court striking down the Professional and Amateur Sports Protection Act (PASPA), paving the way for legal betting in the US, is fast approaching.

Over this time there has been a wholesale reshaping of the US gaming sector, with mobile betting racing across multiple states, and a pandemic arguably accelerating rather than slowing its spread.

What next for the market?

It’s against this backdrop that H2 Gambling Capital, in partnership with iGB, is looking at what’s next. As the pace of new state launches slows, where is growth coming from?

Report author Ed Birkin, H2 Gambling Capital

For a sector in which a small cohort of brands tend to occupy podium positions in each state, there is there is perhaps more scope for upheav..

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March 8, 2023

DraftKings to launch online sports betting in Massachusetts

DraftKings has announced that it will launch its online sportsbook product in the US state of Massachusetts on March 10, subject to licensing and regulatory approvals.

Players in the state will be able to place bets on a wide range of sports events, including those that feature Massachusetts-based teams such as the NFL’s New England Patriots and the Boston Celtics of the NBA.

Bet types available to players will include same-game parlays, player props, special odds and boost selections, while customers will also have access to a number of promotions exclusive to the state.

Read the full story on iGB North America

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March 8, 2023

ZingSports to launch sports betting in Puerto Rico with SB22

Puerto Rico-based operator ZingSports has linked up with sports betting software developer SB22 to launch sports wagering in the unimported US territory.

Under the deal, SB22 will provide ZingSports with its sports betting platform that includes a built-in player account management module, AI-driven promotional capability, advanced betting engine and omnichannel capabilities.

Players will be able to bet on a range of sports including basketball, baseball, football and soccer across a variety of market such as in-play wagering and player props.

The new offering will include free-to-play and, pending regulatory and licensing approvals, real-money wagering,

Read the full story on iGB North America

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March 8, 2023

ARC confirms departure of chairman Thorpe

British racecourse operator Arena Racing Company (ARC) has announced that David Thorpe is to step down as its chairman from 30 April.

Thorpe has served in the role since April 2014, prior to which he was chairman of both the Racecourse Association and Arena Leisure.

He also served on the boards of the Horserace Betting Levy Board and British Horseracing Authority.

“I have decided that, after nearly a decade as chairman, it is the right time to step down,” Thorpe said. “I look forward to some more time in retirement, as well as the opportunity to pursue other interests.

“It has been a significant source of pride to see the company flourish and grow over the past few years and without doubt we have assembled an incredibly smart, passionate and hard-working team. I am equally delighted to have been part of creating a new industry structure, a major improvement which should serve the sport well in to the future.

“I am sure the company will only continue to get stronger and more succes..

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