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Daily Archives: June 8, 2023

June 8, 2023

North Carolina sports betting bill voted through by house

North Carolina has moved a step forward in its journey to sports betting legalisation after the state’s house voted in favour of a bill that would regulate this form of gambling.

The bill will now be passed to North Carolina governor, Roy Cooper, who is expected to sign it into law.

This comes after two unsuccessful attempts at sports betting legalisation were passed before the end of the legislative session in June last year, and did not see any further progress.

Read the full story on iGB North America

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June 8, 2023

GB online gross gambling yield reaches £1.30bn in Q4

Online gross gambling yield (GGY) in Great Britain increased 5% year-on-year in the fourth quarter to £1.30bn (€1.51bn/$1.62bn), while GGY for the land-based sector also improved.

The latest gambling behaviour report released by the Gambling Commission covered activity in January, February and March 2023, a period that included the Cheltenham Festival horse racing event.

The Commission said the increase in online GGY was primarily driven by growth in real event betting and slots. The regulator also noted a rise in the total number of bets and spins, as well as average monthly active accounts.

Online real event betting was up almost 13% to £555m, with the number of bets 19% higher and average monthly active accounts 9% up year-on-year. The Commission put this down to the popularity of the Cheltenham Festival and player retention from the 2022 Fifa World Cup late last year.

Meanwhile, online slots GGY edged up 2% to £525m, helped by a 9% rise in the number of spins to 19.5 billion an..

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