BetMGM and Revolutionary Racing Kentucky (RRKY) have partnered for a new market access agreement.
The agreement will see BetMGM offer its online and retail sports betting platform to Kentucky’s market, once sports betting becomes legalised in the state.
Retail sports betting will go live on 7 September, followed by online betting on 28 September.
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Genius Sports said growth within its betting technology, content and services division helped push revenue up 22.1% year-on-year during the second quarter of 2023.
The data, technology and broadcast business experienced growth across all its businesses in the period. However, it was its betting arm that witnessed the most significant increase, with revenue rising 26.8%.
Genius put this down to higher customer utilisation of event content and growth in business with existing clients.
The provider also noted that renewed partnerships with a number of major clients will help drive further growth.
In recent months, Genius has extended a partnership with Football DataCo (FDC), which manages data rights for the English Premier League. It has also renewed deals with the National Football League and indoor American football’s XFL.
“We enter H2 having reached a significant inflection point in our business,“ Genius co-founder and CEO Mark Locke said. “Following the financial outperformanc..
Gambling technology provider Amelco has secured a new gaming related supplier licence in the Canadian province of Ontario.
Issued by the Alcohol and Gaming Commission of Ontario (AGCO), the permit allows Amelco to launch its solutions in Ontario.
The licence covers both sports betting and igaming activities. Amelco offers a range of sports wagering, casino, lottery and financial products to the market.
“This represents a significant milestone for us,” Amelco USA head Brandon Walker said. “We are thrilled to be finally entering Ontario.”
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Australia's Victorian Gambling and Casino Control Commission (VGCCC) has announced a blanket ban on betting on all under-19 sports competitions.
The VGCCC’s ban applies to sporting events where all participants are minors. It also prohibits betting in Victoria on the individual performance of athletes aged under 18 who are playing in senior or junior events.
This includes wagering on outcomes such as first goal scorer or first wicket taken, when the player is a minor. However, bets can still be made on team outcomes in senior sports when minors are playing.
Sports controlling bodies have been directed to amend agreements with betting providers to ensure they prohibit offering markets involving minors. The VGCCC said the ban also applies to other sports not governed by an approved sports controlling body.
Sporting bodies and betting operators will have 60 days from 3 August to comply with the new rules. After this period, offering bets on minors could lead to regulatory acti..
