Intralot Inc, the US subsidiary of Intralot, has entered into a sports betting partnership with the British Columbia Lottery Corporation (BCLC).
Under the three-year deal, which includes an option of three annual extensions, Intralot will provide the BCLC with its Intralot Orion sports betting platform Orion and relevant managed services to enable the operations and management of the BCLC’s retail sportsbook.
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Efforts to authorise sports wagering in the Missouri hit a brick wall on Wednesday as proponents of video lottery terminals (VLT) sought to introduce a number of poison pill amendments to the bill.
Senate Bill 30 – which has the support of both casinos and major professional sports teams – seeks to legalise sports wagering in Missouri.
All of the state’s neighbours have either authorised sports betting, or are in the process of doing so. Last week, the Kentucky governor, Andy Beshear, signed House Bill 551 into law, paving the way for state-wide sports betting, and making Missouri one of the final states in the region to legalise the activity.
The proposed law – introduced by Senator Tony Luetkemeyer – is the companion bill to House Bill 556, which was sponsored by a bi-partisan coalition of Republicans and Democrats.
Casinos in Missouri – many of which are casino boats – will be able to partner with up to three operators
The legislation would allow each licensed casino in the sta..
Sports wagering revenue in Washington DC increased year-on-year during February despite a fall in player spending.
Gross gaming revenue for the month reached $1.2m, which was 62.0% ahead of $740,552 in the same month last year but 20.0% lower than $1.5m in January 2023.
DC’s sports betting handle in February amounted to $12.6m, down 34.0% from $19.1m in February 2022 and also 21.9% behind $18.5m in January of this year.
Gambet, operated by the DC Lottery and powered by Intralot, remained the frontrunner in the market with $626,273 in revenue from $5.7m in total wagers for the month.
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Flutter Entertainment-owned FanDuel Group has agreed a multi-year content production partnership with global streaming audio platform Spotify.
Under the new agreement, which builds on an existing partnership between the two parties, FanDuel will work with Spotify’s “The Ringer” website, podcast network and video production house to create content for FanDuel TV.
The Ringer will license select video podcasts to FanDuel TV including existing shows adapted for FanDuel TV and a number of new shows covering sports and competitions such as the National Basketball Association (NBA).
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Entain has completed the acquisition of the entire issued share capital in sports media business 365scores.
Under the agreement, Entain will pay approximately $150.0m (£120.1m/€137.0m) to take ownership of the business, in addition to contingent payments of up to $10.0m.
With a global audience of over 15 million active users, 365scores provides scores and sports information, editorial and social content and a range of sports-focused free-to-play games.
Entain said the combination of 365scores’ expertise in data-driven sports media content alongside its own global scale and platform capabilities will provide customers with a broader offering of interactive content and experiences.
The group added that the acquisition would help to unlock further growth opportunities and supports its global strategic ambitions.
Jason Scott resignation
Confirmation of the deal comes after it was announced earlier this week that Jason Scott had left his role as vice-president of trading, VIP and re..
Players in Colorado spent a total of $425.1m betting on sports during February, a decline on the same month in the previous year and also down from January this year.
Betting handle for the month was 3.5% below the $440.5m wagered during February of last year and 22.3% lower than $547.2m in January 2023.
Of this total, $421.6m was wagered on sports online, with the remaining $3.5m attributed to betting at retail sportsbooks across Colorado.
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Kentucky’s Democrat governor, Andy Beshear, has signed into law a bill that will legalise sports betting in the Bluegrass State.
House Bill 551 will make nine racetracks eligible to offer on-site retail sports betting, while each track will also be able to partner with up to three online operators, meaning up to 27 licences may be issued by the Kentucky Horse Racing Commission (KHRC).
The bill also establishes a two-tier system to taxation, with online operators to be taxed at 14.25% of gross gambling revenue, compared to the 9.75% imposed on the retail offerings.
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