Daily Archives: April 13, 2023

Iowa sports betting revenue up despite handle dip in March

Iowa’s sports betting revenue increased year-on-year in March, despite the US state posting a slight decline in monthly handle.

Player spending on sports wagering in March across online and retail amounted to $232.6m, down marginally from $233.5m in March 2022. However, this figure was 20.0% higher than the $193.9m bet by consumers in February this year.

Of this total, $209.0m was wagered with online sportsbooks, while the remaining $23.6m was spent at retail locations.

To read the full story visit iGB North America

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Indiana sports betting handle declines in March

Consumer spending on sports betting in Indiana fell year-on-year in March, although the state was able to report an increase in revenue.

Wagering handle for the month amounted to $433.0m, down 9.1% from $476.8m in March 2022 but 21.5% higher than $356.2m in February of this year.

Basketball remained by far the most popular sport among bettors, drawing $224.3m in total wagers for the month. Players also spent $71.7m on baseball betting, $1.6m on football and $71.7m on other sports, as well as $127.9m on parlay bets.

To read the full story visit iGB North America

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Beter to move distribution in-house

Content and data provider Beter will move its content distribution system in-house as part of a new strategy to strengthen and expand its operator partnerships.

The basketball, MMA, esports, table tennis and igaming content supplier said that it wants to have greater control over the distribution of its content among its network of operator partners.

Beter has enjoyed “incredible success” in recent months, it explained, and intends to strengthen its existing partnerships, as well as work with more tier-one brands globally.

“We have made the strategic decision to take more control over the distribution of our content,” said Beter CEO Gal Ehrlich. “This decision is not a reflection of the incredible work our partner has done on our behalf, but rather an opportunity to align our distribution strategies with our long-term goals.

“We are confident that by taking a more active role in the distribution of our content, we will be better positioned to deliver on our commitment to provide t..

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BGC welcomes MP support for Grand National charity bet initiative

The Betting and Gaming Council (BGC) said more than 40 MPs will support this year’s edition of its Grand National charity bet initiative.

MPs from a number of parties will visit a local betting shop to place a BGC Charity Bet on the British showpiece racing event, which takes place on 15 April at Aintree Racecourse as part of the Grand National festival.

Each participating MP will be given £50 to bet on a horse, with all the winnings going to a charity of their choice. Should their bet not win, BGC members will make a £250 donation to the MP’s nominated charity.

MPs can visit a Paddy Power, William Hill, Ladbrokes, Coral, Betfred or local independent betting shop in their constituency to place the charity bet ahead of the race this weekend.

Levelling Up minister Dehenna Davison, shadow DCMS minister Alex Davies-Jones, minister for Enterprise Kevin Hollinrake and COP26 president Alok Sharma are among the MPs that will take part in the initiative this year.

Shadow defence secretary..

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