Daily Archives: May 3, 2023

Delaware sports betting handle continues to decline in March

Player spending on sports wagering in Delaware fell to a seven-month low in March, although the state was able to report an increase in igaming wagers.

Betting handle for the month amounted to $3.5m, which was 32.7% lower than $5.2m in the same month last year and 14.6% behind the $4.1m wagered in February this year. This was also the lowest monthly total since August 2022.

However, sports wagering revenue was $544,385, only marginally lower than $553,465 in March 2022 and 77.6% higher than $306,573 in February.

Read the full story on iGB North America

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IBIA received 40 suspicious alerts in Q1 2023

The International Betting Integrity Association (IBIA) received 40 suspicious betting alerts across nine sports in the first quarter of 2023.

This was down by 16.6% compared to the alerts IBIA recorded in Q1 2022 and 20% from the previous quarter.

Sport-by-sport, football generated the highest number of alerts at 15, representing 37.5% of the total. Tennis was close behind with 12, representing 30% of the total. Combined, football and tennis made up 67.5% of the alerts in the first quarter.

Table tennis accounted for four of the alerts. Basketball and esports generated two alerts each, while volleyball, boxing and snooker each accounted for one alert.

By continent

A total of 24 alerts took place in Europe. Six took place in Asia, while four took place in Africa. North America and South America accounted for two alerts each.

Two esports alerts were not included in this breakdown as IBIA said it was unclear where the alerts took place.

IBIA noted a particular trend in Spain. Eight..

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RMG to pay British racecourses £117.6m in rights proceeds

Racecourse Media Group (RMG) has announced it will pay £117.6m (€133.3m/$147.0m) to British racecourses from the sale of their media and data rights in 2022.

Payments were derived from a range of RMG businesses including via betting shops, online bookmaker streams, the Racing TV pay TV channel, international betting, non-betting distribution, the mainstream TV agreement with ITV and data sales.

The payment total represents a 6.9% increase from £110.0m paid out in the previous year.

“The RMG model has once again proved to be resilient and reliable – in the face of significant challenges – producing record results, and performing ahead of expectations,” RMG chairman Roger Lewis said.

“The results are a testimony and tribute to the vision and dedication of those racecourses who came together and stuck together to create, grow and develop the RMG business.”

Lewis will step down from the RMG board this year and will be replaced by former Flutter UK and Ireland chief executive Conor Gra..

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