Sports wagering revenue and handle in Colorado both increased year-on-year in December, although player spending was down month-on-month.
Consumers bet a total of $518.1m on sports during the month, up 12.3% from $461.4m in December 2021 but down 6.3% from $552.6m in November 2022.
Online betting accounted for $514.3m of all wagers in December, with just $3.8m being bet at retail sportsbook in Colorado.
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Betfred USA Sports has signed a multi-year partnership with National Hockey League (NHL) team the Las Vegas Golden Knights.
A subsidiary of UK based Betfred Group, Las Vegas-based Betfred USA Sports began its operations in 2019. The company has expanded its reach across the US, most recently launching products in Maryland and Arizona.
As part of the new deal, Betfred is now an official sports betting partner of the team.
“We’re proud to be partnering with Betfred as they make their arrival here in Las Vegas,” said Golden Knights president Kerry Bubolz. “Betfred’s US business is Vegas born just like we are, and we’re excited to help them launch their brand in Nevada.”
The partnership will include interactive contests for fans during intermission at select home games and signage at T-Mobile Arena.
Additionally, Betfred branding will be incorporated into the NHL’s new digitally enhanced dasherboard (DED) broadcast signage and will feature on the Knight’s official digital channels, ..
Category 1 license holders can officially offer retail sports betting in Massachusetts from today (31 January), with mobile wagering to follow in March.
Sports betting was officially signed into law in August last year by then-governor Charlie Baker.
After the 21 November deadline to apply for licences passed, the MGC revealed that 15 operators had submitted applications. Initially, 29 operators expressed an interest in applying.
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The Massachusetts Gaming Commission (MGC) has launched a new voluntary self-exclusion (VSE) scheme for sports betting ahead of the launch of the state’s legal wagering market.
Massachusetts is due to open its regulated sports betting market today (31 January), with the self-exclusion initiative allowing people to opt out of betting with licensed online and land-based operators in the state.
Consumers wishing to register for the scheme can do so via GameSense either over the phone, online or at land-based GameSense centers within Massachusetts.
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Entain has entered a new long-term horse racing production, distribution and content deal with Sports Information Services (SIS) for its UK retail network.
Under the agreement, Entain will have continued use of patented production technology from SIS across its flagship Ladbrokes and Coral retail stores in the UK and Ireland until December 2030.
The deal also covers the distribution of live racing content across satellite and IPTV, until December 2028, from SIS’ portfolio of more than 30,000 horse races annually over 170 racecourses across the globe.
“This new agreement allows us to continue to bring racing from all over the world to our customers in the UK,” Entain’s managing director for retail in the UK and Ireland, Andy Hicks, said.
“We’re offering a best-in-class experience through a combination of advanced broadcast production technology and content that fully satisfies our customers’ demand for exciting, high-quality and regular betting opportunities.”
SIS chief executive R..
A new Caesars Sportsbook has launched at Downtown Grand Hotel & Casino in Las Vegas, Nevada.
The new venue marks the first Caesars Sportsbook location in downtown Las Vegas.
The sportsbook offers three betting windows, a number of self-service betting kiosks, an LED TV viewing wall and several odds boards.
Downtown Grand celebrated the opening of the sportsbook with a ribbon cutting ceremony and an appearance by author and professional gambler Anthony Curits.
“We’re known for delivering elevated hotel experiences and the new Caesars Sportsbook is no exception,” said Andrew Economon, general manager of Downtown Grand Hotel & Casino.
“We know our guests will enjoy the exceptional offerings of this all-new sports betting venue.”
Last week, Caesars Entertainment entered into a sports betting partnership with Raynham Park in Massachusetts.
Premier Greyhound Racing (PGR), the media rights business set up to supply greyhound racing coverage to the betting industry, has signed commercial deals with the UK’s four biggest retail betting operators.
The new partnerships will see PGR supply the retail operations of Entain’s Ladbrokes and Coral, William Hill, Paddy Power and Betfred.
The agreements will see the recently launched greyhound racing rights holder supply pictures from its British tracks to the operators’ shops from the start of 2024.
PGR, which is a joint venture between Arena Racing (ARC) and Entain, owns nine of the 20 licensed British greyhound tracks and the media rights for five independent tracks.
Mark Kingston, director of PGR, said: “As important as greyhound racing is to the betting industry as a whole, greyhounds have always been a fundamental part of the betting shop service. Signing up all major retail bookmakers to take the Premier Greyhound Racing service is therefore the biggest endorsement we could..
Caesars Entertainment has partnered with Massachusetts’ Raynham Park to open a retail sports betting facility there, pending approvals, after the racing centre ended its ties with Bet365.
Caesars will operate a 30,000sq ft retail location at a 13-acre site, with construction set to be completed during H2 2023.
The 60,000sq ft entertainment complex at the former greyhound racecourse, located just south of Boston, will also feature two restaurants, bars and private event space.
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The New Hampshire Lottery reported a year-on-year increase in both sports wagering gross gaming revenue (GGR) and handle for December.
Players in the state spent $90.9m betting on sports in the month, up 5.2% from December of 2021 but a 2.4% drop from $93.1m in November of 2022.
Of this total, $65.9m was spent wagering on the DraftKings mobile sportsbook, while some $25.0m was bet at the operator’s three retail sportsbooks in New Hampshire.
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The Fanatics Betting and Gaming arm of sports apparel giant Fanatics has become the first sports wagering operator to open a retail sportsbook inside a National Football League (NFL) stadium.
Located at FedExField in Maryland, the home of NFL team the Washington Commanders, the facility also marks Fanatics’ first venture into the sports betting market, as well as its entrance into the state of Maryland, with the Commanders as its market access partner.
The 5,000sq ft venue features eight betting windows, 21 self-service betting kiosks, two LED video walls, 38 TV monitors and a full-service restaurant. Customers will be able to place bets on a wide range of major sports events at the facility.
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Online sports betting revenue reached a record $30.5m in December, despite a month-on-month decline in consumer spending.
Revenue was at its highest since the state opened its legal online wagering market in January of 2022, surpassing the previous monthly high of $28.4m in March.
The December revenue total was also in stark contrast to the $27.6m loss reported during November, which came as a result of US businessman Jim “Mattress Mack” McIngvale winning a number of large bets on Major League Baseball’s World Series.
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Sportsbook operator Tipico has entered into an exclusive partnership with the Rhinegeist Brewery in Cincinnati, Ohio.
Under the arrangement, the operator and the brewery will develop a new “Tipico Sports Deck” in the Rhinegeist Taproom, offering a special experience to sports fans in Cincinnati.
Due for completion early this year, the Tipico Sports Deck will feature nine televisions for watching sporting events, as well as a series of sports-themed activations and deck-style seating for visitors.
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