March 2022 - Page 2 of 6

Connecticut sports betting and igaming revenue both decline in February

Gross gaming revenue from online casino in Connecticut came to $17.2m, down 8.5% from January, while sports betting revenue hit its lowest total for a full month since launching.

Gross gaming revenue is calculated after promotions are deducted. Before these deductions, revenue was $21.6m, down 3.6%.

The Mashantucket Pequot Tribal Nation – which operates Foxwoods Casino and partnered with DraftKings for online betting and gaming – continued to lead the way in gross online casino revenue, bringing in $13.7m. The tribe made a further $46,953 in revenue from mobile-on-reservation gaming, with its own Foxwoods-branded app.

Meanwhile, the Mohegan Tribe – which partnered with FanDuel – brought in $7.8m in gross revenue.

The combined online casino revenue came on $743.9m worth of stakes, with $493.6m staked with the Mashantucket Pequot Tribe and $249.5m with Mohegan.

In addition, players staked $17.2m worth of promotional credits with the Mashantucket Pequot Tribe and $1.0m with Mohegan.
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March 25, 2022

Racing Victoria selects Jones as next CEO

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Racing Victoria has named sporting industry veteran Andrew Jones as its new chief executive, starting on 11 July.

Jones (pictured) is currently the interim chief executive of Netball New South Wales. He has also served as chief executive of Cricket New South Wales from 2013 to 2019 and interim chief executive of news site Racing.com.

Before this, he was general manager of strategy at Cricket Australia from 2010 to 2012, overseeing the launch of the Big Bash League in this role.

ANDREW JONES

“The Board is delighted to appoint Andrew Jones to the position of chief executive and we look forward to his commencement later this year,” Racing Victoria chairman Brian Kruger said.

Jones has also led strategy consultancy The Killer Group. In this role, he worked with Racing Victoria, helping to set up the Victorian Thoroughbred Racing Integrated Media Business (VTRIMB).

“Andrew will join Racing Victoria with a wealth of business, strategy and sports administration experience coupled with ..

March 24, 2022

Tab NZ reports turnover decrease in February

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Tab NZ has reported betting turnover of NZ$184.9m (£97.3m/€116.9m) for February, down 23.3% from the previous month.

This was also a decrease year-on-year of 1.2% and 2.3% below budget for the month.

Gross betting revenue was NZ$30.1m, a decrease of 24.7% from January but a rise of 1.1% year-on-year.

Profit for February was NZ$11.3m, down 36.5% month-on-month but up 9.7% from February 2021. This was NZ$200,000 less than the budget for the month.

Betting profit made up NZ$10.1m of the total profit, NZ$400,000 over budget, while gaming profit brought up the remaining NZ$1.2m, coming in NZ$600,000 under budget.

Profit for the year to date totaled at NZ$96.9m, down 7.5% year-on-year and NZ$800,000 under budget.

Operating expenses for the month fell by $900,000 compared to January, to NZ$9m, and fell by NZ$600,000 year-on-year.

The most successful day for horseracing turnover for the month was at the Herbie Dyke Stakes at the Te Rapa venue on 12 February, which generated NZ$538,000.
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March 24, 2022

BetMGM and PointsBet cleared to launch in Ontario

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iGaming Ontario, the subsidiary of Alcohol and Gaming Commission of Ontario (AGCO), has announced BetMGM and PointsBet as the latest operators to secure online gambling licences in the Canadian province.

BetMGM will operate through BetMGM.ca in Ontario, while PointsBet will be active via the PointsBet.ca website.

Each of the licences will run from the day the market opens through to 3 April 2024.

Ontario’s regulated online gambling market will officially launch on 4 April, with iGaming Ontario having been given the responsibility to oversee all igaming operations in the province.

In recent weeks, iGaming Ontario has issued licences to a host of operators in preparation for the market opening.

These include Bet365, Flutter Entertainment-owned FanDuel, Unibet and the Ontario Lottery and Gaming Corporation.

Other named licensees include LeoVegas, Rush Street Interactive, Rivalry, theScoreBet, 888, Coolbear and Fitzdares. Annexio Limited will operate as Lottogo while NSUS Limited wi..

March 23, 2022

Stoixman deal helps OPAP revenue grow to €1.54bn

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Greek operator OPAP recorded €1.53bn (£1.28bn/$1.69bn) in revenue in 2021, a 36.2% year-on-year increase, as the acquisition of the remainder of Stoiximan helped the business diversify its operations with greater focus on online betting and gaming.

Breaking down this revenue total by game type, lotteries were the largest contributor, bringing in €549.2m, which was 5.9% more than in 2020.

This was followed by retail betting, which brought in €283.0m, up 5.6%, as pandemic-related restrictions continued to have an impact.

“Our retail business demonstrated high resilience, with recovery ramping up, even though our stores had to suspend operations for several months and adjust to strict healthcare restrictions after reopening,” OPAP chief executive Jan Karas said. “Our comprehensive commercial plan and well-accepted loyalty programs played a key role to this end.”
Online betting, meanwhile, experienced a sharp increase in revenue, by nearly 500% to €238.4m. Similarly, revenue from online..

March 23, 2022

Swedish regulator pens integrity deal with Sportradar

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Swedish gambling regulator Spelinspektionen has entered into a new partnership with the Sportradar Integrity Services arm of Sportradar.

Under the deal, Sportradar will monitor a range of sports and competitions in Sweden and flag any suspicions of match-fixing to Spelinspektionen.

The regulator will also have the opportunity to work with Sportradar on initiatives to assess the risk of manipulation in certain sports.

“Through the information we will receive via Sportradar, we increase our knowledge of match fixing that we can use in, among other things, our regulatory work,” Spelinspektionen investigator Daniel Frisö-Grön said.

“It also gives us opportunities to expand the exchange of information with sports and the police within the framework of our collaboration against match-fixing.”

Earlier this month, Sportradar published its annual integrity report, revealing that a record-breaking 903 suspicious matches had been flagged in 2021.

March 22, 2022

Stats Perform scores extension with Chinese Super League

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Stats Perform has signed a multi-year extension to its data partnership with the Chinese Super League (CSL), the top tier of club football in China.

Under the agreement, Stats Perform will serve the CSL’s event and tracking data provider, exclusively collecting tracking data using the SportVU system at the home venues of every CSL club.

Together with Opta event data, this tracking data will be used to supplement the league’s broadcast and digital channels, along with supporting partners including media, brands and sponsors.

Data will be delivered to the CSL through a range of Opta data feeds including advanced analytics data and predictive data for use across broadcast, digital and social platforms, before, during and after matches.

The deal also includes Pressbox Graphics, an application that Stats Perform said would help the CSL deepen fan interest by producing automated visual graphics and animations, powered by Opta data.

In addition, each club will have access to ProVision..

March 22, 2022

USFL declares support for AGA’s ‘Have A Game Plan’ initiative

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The new United States Football League (USFL) has become the latest organisation to back the American Gaming Association’s (AGA) ‘Have A Game Plan. Bet Responsibly’ public service campaign.

As an approved partner of the initiative, the USFL will promote responsible sports wagering through its broadcast, cable, streaming and social media outlets.

Launched in 2019, the campaign promotes four principles of responsible sports wagering including setting a budget and keeping to it, ensuring gambling remains social and only wagering with trusted and regulated operators.

Barstool Sportsbook, BetMGM, DraftKings, Delaware North, Entain, FanDuel, MGM Resorts International, MSG Networks, Nascar, the National Hockey League, Penn National Gaming, golf’s PGA Tour, Rush Street Interactive, and the Ultimate Fighting Championship are among the other organisations that publicly support the project.

“We’re proud to partner with the AGA to help drive the important message to bet responsibly,” USFL execu..

March 21, 2022

Delasport secures certification for Denmark launch

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Online gambling solutions provider Delasport has secured certification to launch its products in the regulated Danish market.

Issued by GLI, the new certification will allow Delasport to offer its online casino, player account management (PAM), and sports betting solutions.

“We are all happy to be entering the Danish market and demonstrating once again our commitment to our market’s availability strategy,” Delasport chief executive Oren Cohen Shwartz said.

“Delasport’s existing partners can now expand into the Danish market, and we are already on track to gain additional new partners in Denmark. Danish players and bettors will soon be able to enjoy a higher-level of betting experience powered by our market-ready casino and sports betting solutions.”

Delasport’s sportsbook offering includes betting coverage of over 125 sports, 70,000 pre-match and 40,000 monthly live events across 2,000 markets, as well as a functionality stack with bet-builder, cash-out and partial cash-out, person..

March 21, 2022

Louisiana online betting draws $211m in wagers in first full month

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Players in Louisiana staked $211.0m (£160.4m/€190.7m) during the first full month of legal online sports betting in the US state.

Louisiana opened its regulated market on January 28 following the launch of retail sports wagering in October of last year.

Penn National Gaming and its Barstool Sportsbook, Caesars, DraftKings, Rush Street Interactive and its BetRivers Sportsbook, and Flutter Entertainment-owned FanDuel Group in partnership with Boyd Gaming all went live with online sports betting on opening day.

A total of $40.5m was wagered by consumers during the first four days of regulated online betting in the state in January.

Revenue from the first full month of online sports wagering amounted to $16.7m, though this included $11.7m in revenue from promotional wagers. Excluding these offers, revenue was $2.7m.

Football betting was the main source of revenue for online operators, generating $9.8m, ahead of basketball on $5.1m and parlay betting at $4.4m.

Looking at retail bettin..

Month: March 2022