Tag: Online sports betting

BetParx launches in Ohio through Memorial Tournament partnership

BetParx has launched mobile sports betting in Ohio through a partnership with a PGA Tour golf tournament, the Memorial Tournament.

Through the deal, patrons in Ohio can wager on BetParx’s sportsbook app.

In addition, for the second consecutive year, BetParx will be the exclusive mobile sports betting sponsor of the Memorial Tournament in Dublin, Ohio.

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Indiana sports betting handle down year-on-year in January

Players in Indiana wagered $427.2m on sports in January, down 14.9% year-on-year, although the state still reported an increase in revenue.

Consumer spending was down from $500.1m in January last year but 1.0% up from $431.5m in December 2022.

Basketball proved the most popular sport among players with $155.6m in bets during the month, while football drew $90.6m in wagers. Parlay bets reached $124.7m and other sports $55.6m.

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Delaware sports betting handle reaches $8.5m in January

Consumers in Delaware wagered $8.5m on sports during January, while igaming spend in the state reached $44.1m.

Sports handle was 1.2% higher than $8.4m in January last year and 3.7% ahead of $8.2m in December 2022.

Revenue for the month amounted to $1.6m, which was 114.7% higher year-on-year and 14.3% ahead of December.

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IGT expands in Nevada via sports betting partnership with Betfred 

International Game Technology (IGT) has announced its expansion throughout the Nevada sports betting market in a new partnership with Betfred.

Through a multi-year agreement, Betfred will be utilising IGT’s PlaySports technology to support both mobile and retail sports betting at the Mohegan Sun Sportsbook inside Virgin Hotels Las Vegas.

Betfred plans to launch retail betting first and introduce its mobile fixture at a later date.

This partnership marks the first IGT-powered Betfred sportsbook in the US.

“IGT PlaySports’ remarkable reputation and influence in the US sports betting market, coupled with their ability to navigate complex regulatory environments, give Betfred supreme confidence in our choice to partner with IGT in Nevada,” said Bryan Bennett, COO of Betfred USA Sports.

“IGT PlaySports’ experienced, in-market team and proven technology will enable Betfred to scale our operation in parallel with market opportunities, and to establish a competitive and engaging betting..

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GeoComply records 100 million online betting transactions for Super Bowl LVII

GeoComply has revealed it conducted a record 100 million geolocation checks for online sports betting during Super Bowl LVII weekend.

The game took place yesterday (12 February), with the Kansas City Chiefs fighting back to beat the Philadelphia Eagles 38-35 and become NFL champions for the second time in four years.

This year also marked the first time the Super Bowl took place in a state with legal online sports betting, with the Chiefs and Eagles having faced off at the State Farm Stadium in Glendale, Arizona.

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SIS pens deal to offer Italian racing content

Betting services supplier Sports Information Services (SIS) has announced that it has reached an agreement to add Italian horse racing content to its offering.

The agreement was reached in partnership with Italian betting and broadcasting supplier Media System Technologies (MST).

“The addition of high-class Italian content further emphasises our focus to bring operators and their customers the widest range of betting opportunities from around the world 24/7, 365 days a year,” said head of international horse racing at SIS Conall McSorley.

the deal will see italian racing content added to sis’ offerings

McSorley praised the state of Italian racing, arguing that it was on an “upward trajectory”, and that he was certain that the content addition would prove successful with both bettors and operators.

SIS will now feature content from the IRw consortium of tracks – which includes Merano, Pisa, Rome, Treviso and Varese – as well as the Agnano racetrack.

Italian flat racing content

E..

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888 approved for Hannahville tribe online casino partnership in Michigan

The Michigan Gaming Control Board (MGCB) has approved 888’s VHL Michigan subsidiary as the new platform provider for the Hannahville Indian Community’s internet casino website.

Under the arrangement, VHL Michigan will support the tribe, which operates the Island Resort and Casino, with its igaming site that runs under the Sports Illustrated brand.

The deal came about after Churchill Downs Incorporated’s TwinSpires B2B sports betting business, the original platform provider for both online casino gaming and internet sports betting to the Hannahville tribe, withdrew from the agreement last July.

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Betfred secures online sports betting licence in Maryland

Betfred has become the eighth operator to secure a licence to offer online sports betting in Maryland, while the group also opened a new retail sportsbook in Nevada.

Issued by the Maryland Lottery and Gaming Control Commission, the licence will enable Betfred to roll out its Betfred Sportsbook mobile wagering app in the state.

Maryland opened its regulated online betting market in November last year, with Barstool, BetRivers, BetMGM, Caesars, DraftKings, FanDuel and PointsBet among the other operators licensed in the state.

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New York smashes sports betting revenue and handle records in January

Players in New York spent a record amount betting on sports online in New York in January, while the state also set a new monthly revenue record.

Handle for the month amounted to $1.79bn, surpassing the previous record of $1.67bn set in the same month last year, although the January 2022 figure only included part of the month as legal sports betting did not launch in the state until 8 January.

The January 2023 figure was also 10.2% higher than the $1.62bn recorded in the final month of 2022.

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DC sports betting revenue and handle down in December

Sports betting revenue and handle in Washington DC both declined month-on-month during December, although revenue increased year-on-year.

Player spending for the month amounted to $18.7m, which was 12.6% lower than $21.4m in November and also 3.1% behind the $19.3m wagered in December 2021.

In terms of gross gaming revenue, this reached $2.4m in December, a 7.7% drop from $2.6m in November, but 71.4% up from $1.4m in December of the previous year.

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Bet365 expands sports betting content with Infront Bettor deal

Infront Bettor, the betting-focused division of Infront, has agreed a global deal with Bet365 to supply the operator with a range of sports content.

Under the agreement, Bet365 will distribute 18,000 hours of content from over 30 rights holders to more than 80 million customers from over 160 countries around the world.

Infront Bettor’s content portfolio includes football competitions such as the English League Cup, Coupe de France and Turkish Superlig, as well as the IIHF Ice Hockey World Championship and the Champions Hockey League.

In addition, Infront Bettor will work with Bet365 in an effort to reduce stream latency from the current standard of between six and nine seconds to help improve the experience for customers.

“This is a major agreement for Infront Bettor. It has been a busy and exhilarating few months launching the division, building out major and robust operations, acquiring a highly desirable set of betting rights and communicating to the market our new service,” Inf..

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Eyes on the prize

Marese O’Hagan speaks to Luka Pataky, chief product officer computer vision at Sportradar, about how Sportradar’s computer vision technology could revolutionise sports betting for good.

In a market as crowded as sports betting, artificial intelligence (AI) technologies like computer vision must continually reinvent themselves in order to remain relevant.

Arguably, it has a well-founded basis in this space, having begun as a completely different project close to 10 years ago.

“Before this role, I was head of innovation at Sportradar, and that’s how we started this computer vision journey as well – it was an innovation project that actually grew,” says Pataky.

Pataky acknowledges that similar technologies have been around for a long time, existing well outside the realms of sports betting.

“It’s not a new area,” he admits. “Computer vision has been around for decades and in some industries it has been used a lot – manufacturing, production lines.”

In describing exactly what compute..

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