GET DEMO

Daily Archives: January 3, 2024

January 3, 2024

Episode 25: Predictions for gaming regulation in 2024

The World Series of Politics is back from its festive break with the lowdown on what sort of regulatory progress the gaming industry can expect in 2024.

Happy new year listeners! Brendan Bussmann and Brandt Iden are back to discuss a Festivus miracle in Brazil, as well as setting out their predictions for US sports betting growth and whether 2024 will finally be the breakthrough year for US igaming.

brazil has the potential to be huge, but integrated resorts are not part of the mix

We come back after Brazil sports betting and igaming finally makes it over the finish line, giving the industry an early Christmas present. The market has potential to be huge, Brendan Bussmann says, especially after the 18% tax rate was cut to 12% of GGR.

There’s one thing missing, he adds. Integrated resorts are not part of the mix. This could bring billions in revenue into the local economy and, after the sports betting saga, we know Brazil isn’t one for rapid progress.

Regulatory predictions for 20..

Read more

January 3, 2024

Delaware Lottery launches first online sportsbook

The Delaware Lottery has announced the launch of its first online sportsbook and relaunch of its three online casinos.

Powered by Rush Street Interactive (RSI) and BetRivers, the sportsbook soft launched on 27 December. After a successful first week of operation, the new sportsbook is now fully live in Delaware.

Players can access a range of wagering options across professional and collegiate leagues, games and players. Betting options include spreads, moneylines, player props, futures and same game parlays.

Accompanying the new sportsbook are three updated versions of the state’s existing online casinos. These will continue to be operated by Delaware Park, Bally’s Dover Casino and Harrington Raceway & Casino.

RSI sees off competition to land Delaware igaming contract

RSI secured the contract to power the Delaware Lottery’s igaming offering in August of last year. This followed an RFP process that reportedly also involved 888. RSI was the only remaining bidder after other interest..

Read more

January 3, 2024

Delaware: Igaming revenue rises in November – sports betting declines

The Delaware Lottery has reported a year-on-year rise in igaming revenue for November but also posted a decline in revenue from sports betting during the month.

Total igaming revenue in Delaware in November was $1.1m (£882,214/€1.0m). This was up 13.0% from $987,423 in November 2022 and 13.5% ahead of $982,919 in October 2023.

Of this total, $900,418 came from online video lottery games, $188,050 via internet table games and $27,170 from poker rake and fees.

DELAWARE IGAMING REVENUE WAS UP 13.5% COMPARED TO OCTOBER 2023

In terms of spending, players in Delaware spent $32.1m on igaming in November. This was 24.8% lower than $42.7m in 2022 5.3% ahead of $30.5m in October.

Video lottery games drew $23.4m in total wagers and table games $8.7m.

Delaware Park claimed top spot in the igaming market with $452,554 in revenue off $11.9m in wagers. Bally’s Dover placed second with $384,111 from $9.3m, then Harrington Raceway, posting $278,973 from £11.0m.

Declines in the Delaware sports ..

Read more

January 3, 2024

Rhode Island: Handle and revenue down in November

Sports betting handle and revenue fell year-on-year in Rhode Island in November, although there was a slight month-on-month rise in player spending.

Bettors spent $48.3m (£38.2m/€44.1m) on sports wagering in Rhode Island in November. This was 21.1% down from $61.1m in 2022 but 5.5% ahead of $45.8m in October 2023.

Of this total, $38.6m was wagered with online sportsbooks in Rhode Island. A further $9.6m was spent at retail locations at Twin River and Tiverton Casino. Twin River took $6.0m worth of bets in November and Tiverton Casino $3.6m.

Revenue slips to four-month low in Rhode Island

As for revenue, this amounted to $3.4m. Not only was this 30.6% behind $4.9m generated in November 2022 but also 24.4% less than $4.5m in October 2023.

The Rhode Island Lottery also noted the November total was the lowest monthly amount since $1.4m was reported in August 2023.

Online betting accounted for $2.6m of all revenue in November. Retail’s share amounted to $837,173, of which $488,920 cam..

Read more

Want To Keep Up To date with our latest news and information? Please enter your email address below to be added to our mailing list

Bookielink.com is operated by Intraseculink Ltd, Registration Number: HE356617, 176 Athalassas Avenue, Office 401, 2025, Strovolos, Nicosia, Cyprus. BLUEINIC B.V. with Registration number 140279 and registered address at Abraham Mendez Chumaceiro , Boulevard 50, is licensed under Antillephone N.V. ,holder of Gaming License #8048/JAZ of the Central Government of the Netherlands Antilles. BLUEINIC B.V. is licensed and regulated in virtue of license number #8048/JAZ2016-030 granted by the Government of Curaçao to BLUEINIC B.V. The license was issued on ‎08-06-2016.

Bookielink.com © 2024 All rights reserved.