March 5, 2024 - Bookielink

March 5, 2024

EGBA lauds EU’s proposed introduction of digital identification

The European Gaming and Betting Association (EGBA) has welcomed the European parliament’s approval of introducing a standardised electronic identification method called a “European Digital Identity” (e-ID).

The EGBA-endorsed move would oblige states in the European Union (EU) to issue an e-ID to citizens. This would allow them to authenticate their identity for online services. These e-IDs will be optional for citizens and businesses.

EGBA labelled the European parliament’s approval on Monday a “significant milestone” in providing a safer and more inclusive online environment for citizens in the EU. There were 335 votes in favour, 190 opposing the new regulations and 31 abstentions.

The proposed e-IDs will mean citizens would no longer have to resort to commercial providers to verify their online identification, something that has caused privacy and security concerns in the past.

The hope is that e-IDs will reduce the risk of fraud and identity theft, enhancing security for the EU’..

March 5, 2024

LaLiga clamps down on “nefarious” betting behaviour with US Integrity link

LaLiga has announced a new partnership with sports wagering monitor US Integrity as it looks to cement its “preservation of integrity in sport”.

The deal will provide LaLiga with the services of ProhiBet, the prohibited betting solution launched in February 2023. ProhiBet is a joint venture between US Integrity and Odds On Compliance.

US Integrity offers wagering monitoring services to sporting stakeholders, analysing datasets to identify suspicious betting behaviour. Odds On Compliance, meanwhile, is a compliance technology and consultation firm in sports betting and gaming.

LaLiga will benefit from analytical insights that will aim to ensure Spain’s top two football leagues are played in a fair manner. Suspicious betting activity will be detected with “nefarious” behaviour acted upon thanks to monitoring alerts.

Javier Tebas, LaLiga’s president, said: “This partnership with US Integrity represents a significant milestone in our efforts to safeguard integrity and transparency in p..

March 5, 2024

Ohio online sports betting nets higher revenue despite handle decline

Ohio saw sports betting handle fall but revenue soar during a mixed start to the new year in the Buckeye State.

Ohio Casino Control Commission (OCCC) data showed revenue of $113.1m for the state’s operators during the month to 31 January 2024. While this was down 46% compared to the same month in 2023, it was up 30% on the previous month, December 2023.

With Ohio’s sports betting market launching in January 2023, this is the first month to enable year-on-year comparisons. That first month of operations saw $210.5m generated by the state’s sportsbooks. However, revenue was as low as $87.3m in December 2023.

Almost all the revenue came from online and mobile, totalling $110.6m, with just $2.5m from retail.

FanDuel, based at Belterra Park, accounted for more than half of revenue as it generated $53.0m. DraftKings, based out of Hollywood Toledo, was the only other operator to contribute more than $10m. It brought in $34.0m in January.

Handle drops following player props ruling

Handle..

March 5, 2024

GC’s Gambling Survey for Great Britain: Lottery reigns supreme

The first data from the Gambling Commission’s (GC) Gambling Survey for Great Britain (GSGB) has highlighted the prevalence of lottery among gamblers in Great Britain.

48% of respondents had gambled in the past four weeks, although that figure dropped to 27% when excluding lottery-only players. Over a fifth of all respondents had only taken part in lottery draws.

The 48% figure of respondents having gambled in the past four weeks is a slight reduction on the 49.5% number stated in the final experimental stage of the survey, released back in November.

Participation drop-off without lottery the same for land-based and online

The pattern was the same for online and land-based gambling. 38% of all participants had used the internet to gamble in the previous four weeks, the same as in the November data, although the removal of those who only play lottery saw that number fall to 16%. In-person gambling participation also fell from 29% to 18% when lottery-only players were excluded.

The ..

March 5, 2024

AI roots out 73% of suspicious matches in Sportradar’s 2023 Integrity Report

Sportradar’s annual Integrity Report revealed it had detected 1,329 suspicious matches during 2023, with AI helping to uncover nearly three quarters of all questionable activity.

Sportradar monitored close to 850,000 events during 2023 – spanning 70 sports, with a total of 1,329 suspicious events occurring across 11 of those sports.

Despite the rise in the number of detections, the actual rate of suspected manipulation remained stable at 0.21% when taking Sportradar’s enhanced artificial intelligence (AI) capabilities into account. The 1-in-467 manipulation rate was almost level with the 1-in-473 events total from 2022.

Overall, 99.5% of events had no suspicious betting take place, while no sport had a suspicious match ratio higher than 1%. Both of those statistics were the same as last year.

As per Sportradar’s expectations, football and basketball led the way for detections with 880 and 205 suspicious matches respectively. Table tennis was third with 70.

Sportradar’s integrity w..

March 5, 2024

FanDuel named as Carolina Panthers’ sports betting partner

FanDuel has been named as an official sports betting partner of the National Football League (NFL) Carolina Panthers, just days before North Carolina’s legal mobile sports betting market opens.

The North Carolina State Lottery Commission confirmed the 11 March launch date for the state’s mobile sports betting market in January. Players could register for – and fund – accounts from 1 March.

The new partnership between FanDuel and the Carolina Panthers’ NFL team allows fans to pre-register on the FanDuel Sportsbook app ahead of the market’s go-live date. FanDuel will also collaborate with the team on social media content and display digital signage at the Carolina Panthers’ Bank of America Stadium.

Fans can pre-register on FanDuel’s sportsbook app ahead of the 11 March go-live date

North Carolina marks the 22nd state where FanDuel is active with mobile sports betting. It joins the likes of Arizona, Colorado and New Jersey.

Mike Raffensperger, chief commercial officer at FanDuel, sai..

March 5, 2024

New York confirms plans for $1bn Belmont Park racing makeover

New York’s governor, Kathy Hochul, has confirmed plans for the $1bn transformation of the historic Belmont Park racecourse.

The project, which will include the construction of a completely new grandstand, will be complete in 2026. The majority of work will be concluded during the first quarter of 2026 with the building ready later that year.

Governor Hochul said the new 275,000 sq ft grandstand will offer “the modern amenities and hospitality offerings fans now expect”. New York Racing Association (NYRA), which will oversee construction, has now released a series of renderings ahead of commencement.

New renderings of the transformed belmont park have been released

The demolition of the current Belmont Park grandstand/clubhouse is slated to begin in March and will continue through early July. This summer’s Belmont Stakes Racing Festival will be held at Saratoga to allow for uninterrupted construction at Belmont Park.

New York authorities said the multi-year project will generate $1..

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