Sports betting Archives

September 14, 2022

Danske Spil GGR remains steady as slots growth offsets betting decline

Danske Spil, the Danish National Lottery, reported that gross gambling revenue (GGR) has largely remained steady year-on-year as positive and negative trends intersect.

The lottery received DKK2.35bn (£271m/$317m/€316m) total GGR in the first six months of 2022, which results in an after-tax revenue of DKK796m.

This result is largely similar to the total which the lottery achieved in the first half of 2021; with the lottery receiving DKK11m less in GGR in that period. However, after-tax revenue slightly fell by DKK4m.

The small increase in GGR can be explained by the increased popularity of lower-revenue-per-unit games such as lottery draws in tandem with a small decline in sports betting and casino. The decline in sports betting revenue can be attributed, in part, to the 2021 UEFA European Championship football tournament which was delayed a year due to the Covid-19 pandemic, with the games beginning 11 June that year. The fact that 2022’s Fifa World Cup has been delayed until the..

September 13, 2022

Operators challenge German sports betting proximity ban

The constitutional court in the German state of Baden-Württemberg will hear a case from four operators challenging a ban on operating sports betting facilities in the same building as casinos and gaming halls.

Section 21 (2) of Germany’s First State Treaty on Gambling (GlüStV) prohibits sports betting and casino activities from taking place in the same building.

Germany’s Fourth State Treaty on Gambling came into force in July 2021.

The complaint states that administrative courts did not provide adequate protection for operators that had sports betting facilities in the same building as casino activities, when the GlüStV and, subsequently, section 21 (2) was enacted.

The complaint also cites a lack of temporary protection.

Section 42 (1) of the LGüG – Baden-Württemberg’s state-level gambling act, which was brought in in 2012 – states that gambling facilities must be at least 500 meters apart, measured from entrance door to entrance door.

The complaint will be discussed on 21 Nove..

September 9, 2022

WNBA to integrate FanDuel odds following partnership extension

FanDuel and the Women’s National Basketball Association (WNBA) have signed a multi-year extension of their partnership.

It comes five years after the partnership was first established, and sees FanDuel become an official sportsbook partner of the WNBA. FanDuel had already operated the WNBA’s official daily fantasy game, as its official daily fantasy partner.

During future seasons, FanDuel odds will now feature on a number of WNBA’s digital channels.

Read the full story on iGB North America.

September 9, 2022

MaximBet and Genius pen data, marketing and trading deal

Sportsbook operator MaximBet has penned a new data, trading and personalised marketing partnership with sports data and technology business Genius Sports.

Under the terms of the agreement, Genius will provide MaximBet with its PreMatch, LiveData and LiveTrading product offerings, which deliver live feeds and pricing options.

The UK-based business will also supply sports content for MaximBet, including NASCAR, NCAA, EPL, FIBA and the NFL.

The operator will have access to Genius’s NFL product, which includes real-time statistics from the league and the official sports betting data feed. MaximBet also will have access to the official data feed for betting on NCAA sports.

Genius announced similar sports deals with ScoreBreak and Tipsport in July, soon after becoming the official distributor of NCAA data.

MaximBet CEO Daniel Graetzer said that the deal will help the business facilitate its North American growth.

“A premium betting experience requires the best and most exclusive conten..

September 9, 2022

British sporting events suspended following death of Queen Elizabeth II

Football’s English Premier League and a number of other major British sports organisations have announced that events and games will not go ahead this weekend following the death of the queen.

Premier League clubs met this morning to discuss this weekend’s round of matches, with teams agreeing to postpone all matches, including the Monday night match between Leeds United and Nottingham Forest, as a mark of respect.

The queen passed away yesterday (8 September) at Balmoral Castle in Scotland after 70 years on the throne.

“We and our clubs would like to pay tribute to her majesty’s long and unwavering service to our country,” Premier League chief executive Richard Masters said. “As our longest-serving monarch, she has been an inspiration and leaves behind an incredible legacy following a life of dedication.

“This is a tremendously sad time for not just the nation but also for the millions of people around the world who admired her, and we join together with all those in mourning her..

September 8, 2022

CDI pens deal with FanDuel

Horse racing and casino operator Churchill Downs Incorporated (CDI) has signed a content and sponsorship agreement with Flutter-owned FanDuel.

The multi-year deal involves multiple areas of FanDuel’s business – including its sports wagering, advance deposits wagering (ADW) and television verticals. Under the terms of the deal, CDI will provide B2B technology and services for FanDuel’s sportsbook’s pari-mutuel wagers on horse racing features.

It will also be possible for US-based FanDuel users to place bets on horse racing content at a CDI property, as well as allow FanDuel access to broadcast CDI content on the operator’s newly announced television network. The deal also has provisions providing FanDuel with non-exclusive Kentucky Derby sponsorship rights.

CDI subsidiary, United Tote, will be paid by FanDuel to facilitate the pari-mutuel wagering sections of the agreement. CDI has previously entered into an agreement to sell 49% of United Tote to the New York Race Association, in a..

September 8, 2022

Michigan names 888 as Hannahville tribe’s sports betting provider

The Michigan Gaming Control Board (MGCB) has approved 888 Holdings subsidiary VHL Michigan LLC as the new online sports betting provider for the Hannahville Indian Community.

The Hannahville tribe initially entered into a platform agreement with Churchill Downs Incorporated’s (CDI) TwinSpires B2B sports betting business, but were forced to find a new supplier following CDI’s announcement that it would be re-orientating to provide a more focused horse racing product.

The community operates the Island Resort and Casino in Harris, Michigan – with the tribe’s online site continuing to trade under the Sports Illustrated brand name.

MGCB executive director Henry Williams said: “The Hannahville tribe is the first operator in Michigan to change platform providers since internet gaming and sports betting began here in January 2021. The tribe has found another experienced partner, and I wish them continued success.”

[Read full story on iGB North America]

September 8, 2022

GiG finalises Crab Sports deal as Maryland opens licensing process

Gaming Innovation Group (GiG) has ratified its previously announced agreement with Maryland sports betting brand, Crab Sports, as Maryland opens its mobile sports betting licensing process.

The formalisation of the deal comes after the signing of an initial head of terms agreement in June, where GiG offered the use of its platform and sportsbook to the Maryland-facing Crab Sports

The agreement is the first US deal of its kind for GiG since the business’ April acquisition of Sportnco, along with its in-house turnkey sportsbook.

GiG CEO Richard Brown said: “I am excited to be partnering with a localised brand like Crab Sports in Maryland, US. We view the Maryland and the wider US market as a strong opportunity given our expertise in personalisation and building a unique customer experience.”

[Read full story on iGB North America]

September 8, 2022

Fubo Sportsbook goes live in New Jersey

Fubo Gaming has announced the full launch of its online Fubo Sportsbook brand in New Jersey following a soft play phase in line with the state’s Division of Gaming Enforcement regulatory process.

Players across New Jersey will be able to place pre-event and in-play bets on a wide range of sports and competitions, including out-of-state collegiate sporting events.

The online launch was made possible through an agreement with Caesars Entertainment, while Fubo Gaming already had a presence in the state via its agreement with NFL franchise the New York Jets.

Fubo Gaming in 2021 opened a new 7,000sq ft lounge at the Jets’ MetLife Stadium, which is located in New Jersey. Consumers at the facility will now be able to bet on Jets games via their mobile device.

The launch comes ahead of the new NFL season, which kicks off this weekend.

“Launching Fubo Sportsbook in New Jersey is an important early step in the development of our integrated platform, which includes a recently improved user e..

September 8, 2022

AGA expects record 46.6 million Americans to bet on NFL 2022 season

A record 46.6 million American adults are expected to wager on the 2022 NFL season, up 3% on the previous year, according to new research by the American Gaming Association (AGA).

Based on a survey of 2,210 Americans, the AGA forecasted that 18% of the entire US adult population will place at least one bet on the upcoming season, which kicks off on 10 September.

Of those planning to wager, 23 million will bet online, up 18% on the 2021 season, while 10.6 million will place a wager in-person at a retail sportsbook, an increase of 2% on the previous season.

The AGA also noted that as legalisation continues to spread, just 13% of bettors said they will use a bookie, down 2% year-on-year, though bookie usage in states without legalised sports betting will be 50% higher.

“The sustained interest in NFL wagering reflects the growth and continued maturation of legal sports betting across the country,” AGA president and chief executive Bill Miller said. “Consumers clearly want legal sports ..

September 7, 2022

Maryland opens mobile sports betting applications

The Sports Wagering Application Review Commission (SWARC) has officially opened applications for mobile sports betting in the state of Maryland.

The application period opened yesterday (6 September) and will end at 5pm on 21 October. The application fee for mobile licences is $500,000.

SWARC approved a number of draft regulations for mobile sports betting in July. The following month, on 26 August, the regulations were published in the Maryland Register.

Read the full story on iGB North America.

September 7, 2022

Hard Rock continues sportsbook roll-out with Indiana and Tennessee launches

The Hard Rock Digital arm of Hard Rock International has announced the launch of its online sportsbook product in Indiana and Tennessee.

Players in both states can download the Hard Rock Sportsbook mobile app and place bets on a wide range of sports and events.

Hard Rock already had a land-based sports betting presence in Indiana with its Hard Rock Casino Northern Indiana, where it opened a new retail sportsbook facility in May of this year.

The launch of the sportsbook in Tennessee marked Hard Rock’s entrance to the state’s gambling market, though the operator does run three Hard Rock Cafés across the state, while its new Hard Rock Bristol Casino is located over the state line in Virginia.

“We are excited to offer the legendary Hard Rock experience to our mobile sports betting players throughout Indiana and Tennessee,” Hard Rock Digital chief executive and executive managing director Marlon Goldstein said.

“The successful debut of the Mystery Wheel is the latest example of the un..

December 2024
Mon	Tue	Wed	Thu	Fri	Sat	Sun
						1
2	3	4	5	6	7	8
9	10	11	12	13	14	15
16	17	18	19	20	21	22
23	24	25	26	27	28	29
30	31

Tag: Sports betting