Sports betting Archives

November 24, 2022

Elys secures conditional sports betting approval in Ohio

Gaming technology provider Elys Game Technology has secured conditional approval for a sports betting proprietor licence in Ohio.

Issued by the Ohio Casino Control Commission (OCCC), the Type C sports gaming proprietor licensure will enable Elys to roll out its sports betting technology in the state.

Ahead of this launch, Elys has entered an agreement to purchase 100 point-of-sale terminals and 100 self-service betting terminals for installation at host locations throughout Ohio.

Read the full story on iGB North America

November 24, 2022

New Hampshire sports handle reaches 10-month high in October

Players in New Hampshire bet $91.3m (£75.3m/€87.8m) on sports during October, a 7.0% drop from last year but the highest monthly total since January 2022.

Spending was down from $98.2m in October 2021 but 16.8% ahead of the $78.2m wagered by consumers in September this year.

Of the $91.3m spent in October, $68.2m was bet online with the remaining $23.1m at retail sportsbooks.

Read the full story on iGB North America

November 24, 2022

New Lottery.com subsidiary pens partnership with Data Sports Group

Sports.com, a newly established subsidiary of Lottery.com, has entered into a partnership with sports content provider Data Sports Group.

Under the multi-year agreement, Sports.com will be able to provide sports content from Data Sports Group to digital publishers around the world.

The partnership will mean Sports.com can offer content from major sports events such as the National Football League, National Basketball Association, Major League Baseball, National Hockey League, PGA golf, the Olympic Games and a range of esports contests.

Coverage will include in-game scoring, results, league standings and tables, schedules and team rosters and more. Sports data content will be available for both web and mobile and be available in multiple languages.

“We have a long history and strong expertise in providing lottery results to publishers and content aggregators around the world and look forward to building on this capability as we work on our offering of a ROI-focused sports data solu..

November 23, 2022

Lahcene Merzoug on PressEnter’s management buyout

Fresh from announcing a management buyout, PressEnter CEO Lahcene Merzoug talks to iGB about the new leadership's strategy and future plans.

So, the cat is out the bag; PressEnter Group will be under new (or should we say old?) management.

There are many questions that remain: Will the new chairman stay the course or head to uncharted waters? What form will the shape of the business’ future growth take? And what’s the plan with the company’s brands?

The business formerly known as Betpoint has reinvented itself before, though only the new owners know what the plan is now. Current CEO and future executive chair Lahcene Merzoug explains in his own words.

What was the rationale behind the management buyout, and what important factors led the executive team to decide to go down this route?

The management team has grown the business into what it is today, so we could clearly see the potential in the company and its operations. When the opportunity to buy PressEnter Group arose, ..

November 23, 2022

Maryland’s regulated sports betting market officially opens

Maryland’s online sports betting market is officially live, with seven operators now active in the state as of today (23 November).

Barstool, BetRivers, BetMGM, Caesars, DraftKings, FanDuel and PointsBet can now accept wagers in the state.

Caesars and DraftKings launched before the regulated market officially opened, in preparation for the imminent commencement.

Read the full story on iGB North America

November 23, 2022

Genius and the NFL score streaming deal with three Canadian sportsbooks

Genius Sports and the National Football League (NFL) have entered into a Canadian video streaming licensing agreement with three sportsbook operators – Bet365, Canada-facing Bet99 and esports-focused Rivalry.

Bet365, Bet99 and Rivalry will be permitted to provide their customers with video streams of all regular and post-season NFL matches through Genius’ Watch & Bet solution.

Genius became the exclusive distributor of NFL data and live video feeds in April 2021. In return, Genius issued 22.5m warrants to the NFL.

Genius said that it will use machine learning-powered live streaming technologies to facilitate video streaming and bet tracking for players in Canada.

Read the full story on iGB North America

November 23, 2022

Massachusetts receives 15 applications for sports betting licences as deadline passes

The Massachusetts Gaming Commission (MGC) has completed the application process for new sports betting licences in the state, with 15 operators having put forward submissions.

The deadline to apply for a licence passed at 2pm local time on 21 November, with the MGC receiving three applications for Category 1 licences, five for a Category 3 licence tethered to a Category 1 licence, and six were received for stand-alone Category 3 licences.

An additional Category 3 licence application to be tethered to a Category 2 licence was also submitted, while the MGC noted that Category 2 licences, which only current horse tracks or simulcast facilities are eligible for, will be accepted on a rolling basis after the deadline.

Read the full story on iGB North America

November 23, 2022

Swedish monopolies carving out their place in the market

In the second part of Daniel O’Boyle’s deep dive into the changing role of Sweden’s gambling monopolies, ATG CEO Hasse Lord Skarplöth and Svenska Spel CEO Patrik Hofbauer discuss how their businesses have evolved since re-regulation.

When the new Gambling Act came into force in 2019, Svenska Spel and AB Trav och Galopp (ATG) face licensed competition online for the first time. They underwent many changes themselves.

2019: a new era for Swedish gambling regulation

For Svenska Spel the changes were mostly aimed at preventing the business from using its former monopoly status to gain an unfair leg-up in online betting and gaming.

Sweden launched its regulated gambling market in January 2019

This necessitated major changes, Hofbauer recalls.

“The biggest change was to adjust the whole organisation and operations to be in line with the re-regulated gambling legislation. Today Svenska Spel operates as a group with three separate business areas.

“And an important factor in that was c..

November 22, 2022

Louisiana online sports betting handle hits record $219.0m in October

Players in Louisiana spent a record $219.0m (£184.1m/€213.2m) betting on sports online during October, while the state also reported a nine-month high for retail wagering.

October’s online handle was 3.8% higher than the previous record of $211.0m, which was set in February of this year – the first full month of legal online betting in the state – and also 24.4% above the $176.0m spent by consumers in September.

However, despite higher player spending, revenue from online wagering was 4.1% lower month-on-month at $26.0m, compared to $27.1m in September.

Read the full story on iGB North America

November 22, 2022

BetRivers and Gambling.com Group reveal Maryland launch plans

Rush Street Interactive-operated BetRivers and affiliate business Gambling.com Group have both announced they will fully launch in Maryland when the state’s legal sports betting market opens tomorrow (23 November).

BetRivers commenced a short soft launch yesterday (21 November), with this to also run for a period today, prior to the operator launching in full tomorrow subject to final regulatory approvals.

The online launch will support the operator’s retail sportsbook, which opened in Baltimore in August following the legalisation of in-person betting in December last year.

Read the full story iGB North America

November 22, 2022

Industry slams NYT sports betting coverage

On Sunday, the New York Times (NYT) published an article on sports betting lobbying efforts, which has been criticised by industry trade groups and individuals as including “several mischaracterisations”.

Titled “Cigars, Booze, Money: How a Lobbying Blitz Made Sports Betting Ubiquitous”, the article makes the argument that the gambling sector “got their way with lawmakers after showering them with donations, gifts and dubious arguments”.

This assertion has been criticised by a number of US-based trade organisations, who pointed to the already stringent regulatory environment and the industry-wide commitments to responsible gaming.

Criticised by trade bodies

In a statement published on LinkedIn, the American Gaming Association (AGA) said that the NYT had made “several mischaracterisations” in the article, and emphasised that there is a high standard for obtaining gaming licences in the US.

“As unapologetic advocates for our industry, the AGA engages with the New York Times and any..

November 22, 2022

DraftKings hack affects $300,000 in customer funds

DraftKings’ co-founder and president of global technology and product, Paul Liberman, has released a statement confirming that a mass hacking has taken place on a number of customer accounts affecting $300,000 (£252,745/€291,742) in funds.

The hack was first reported by sports betting insights site Action Network. In the article, customers said that hundreds of dollars had been withdrawn from bank accounts that had been linked to their DraftKings accounts.

In addition, customers’ two-factor authentication had been rendered useless as the hack had allowed their phone numbers to be changed.

Read the full story on iGB North America

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Tag: Sports betting