March 2022 - Page 3 of 6

Inside The Pocket links up with ESPNcricinfo for fantasy offering

Cricket website ESPNcricinfo is linking up with white-label free-to-play sports games aggregator Inside The Pocket (ITP) to launch a new daily fantasy offering for India and the Indian subcontinent.

The free-to-play game will be launched via ITP’s WonderWins brand to coincide with the start of the 2022 Indian Premier League twenty20 cricket competition on March 26.

WonderWins, which will also house match coverage, news, information and analysis, will be ESPNcricinfo’s exclusive daily fantasy provider in India.

ITP, which launched in November 2020, said that WonderWins would be able to connect with “over 85 million discerning cricket fans on the ESPNcricinfo platform and further drive conversations with over 15 million highly engaged fans across its social media channels”.

According to a study by the Federation of Indian Chambers of Commerce and Industry (FICCI) in association with knowledge provider EY, the value of the Indian fantasy sports market is expected to reach $2.5bn (£1.9..

March 18, 2022

Snooker legend Ronnie O’Sullivan to appear at ICE London 2022

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Snooker legend Ronnie O’Sullivan will appear at ICE London 2022 as a brand ambassador for Delasport.

O’Sullivan – a six-time World Snooker Champion who holds the career record for both maximum and century breaks – will appear at the world’s largest gaming show at sports betting and igaming software supplier Delasport’s stand.

“I am delighted to confirm that Ronnie O’Sullivan, the greatest snooker player of all time, will be making his first appearance as Delasport Brand Ambassador at our stand S1-340 at ICE London,” Delasport CEO Oren Cohen Shwartz said.

Cohen Shwartz added that O’Sullivan and Delasport share a number of values.

“Ronnie is a terrific personality and a snooker genius,” he said. “He is widely recognised as one of the most accomplished players in the history of the game.

“Established 11 years ago, Delasport has earned an industry reputation as a premium Sports Betting supplier, and so our collaboration with Ronnie is a natural choice for us as we share similar valu..

March 18, 2022

Pennsylvania betting operators record negative GGR in February

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Gambling revenue in Pennsylvania increased 24.4% year-on-year to $375.7m in February, despite the state reporting a loss for its regulated sports betting market.

The overall figure for February was up from $302.0m in the same month last year but was 4.4% lower than $393.1m posted in January of this year.

Figures published by the Pennsylvania Gambling Control Board (PGCB) showed year-on-year growth in almost all areas of the market, with the exception of sports betting where revenue plummeted from $16.4m in February 2021 to a loss of $442,847.

This was the first month in the history of the regulated Pennsylvania market in which operators made a loss.

Retail revenue reached $1.0m but online revenue came in at a loss of $1.5m. Players staked a total of $597.1m on sports during the month, an increase of 17.2% on last year.

Valley Forge, with its partner FanDuel, was the most successful sports betting operation in February, posting $1.6m in revenue. Hollywood Casino at Penn National’s ..

March 17, 2022

Bet365 and FanDuel among latest Ontario licensees

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iGaming Ontario, the subsidiary of Alcohol and Gaming Commission of Ontario (AGCO), has issued a number of new licences ahead of the Canadian province launching its regulated online gambling market next month.

Hillside, operating as Bet365, secured a licence in Ontario, along with Flutter Entertainment-owned FanDuel and Unibet.

Other recent named licensees include Annexio Limited, which will operate as Lotogo, Coolbear, Fitzdares and NSUS Limited, operating under the WSOP brand.

In recent weeks, LeoVegas, Rush Street Interactive, Rivalry, theScoreBet and 888 have also secured approval to launch in Ontario.

Licences were issued by iGaming Ontario, which will oversee the province’s market when it formally launches on 4 April.

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

Earlier this week, new guidance from the AGCO warned operators in the process of securing a licence to cease activities when the province’s igaming market opens next month.

March 17, 2022

Minnesota committee approves online betting bills

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A Minnesota house legislative committee has adopted two bills that would both allow for online sports betting to be conducted by the state’s 11 federally recognised Native American tribes.

The Committee for Finance and Policy was presented with a tribal and commercial sports betting bill – House Bill 778 – and House Bill 167, which initially had nothing to do with sports wagering and instead dealt with sentencing hearings.

However, it opted to amend both bills to produce identical pieces of sports wagering legislation in which betting may be operated by the state’s recognised tribes.

Both bills would allow for only two master sports betting licences, which may be granted to “organisations comprised of two or more Indian tribes”.

Of these licences, one will go to an entity with headquarters north of Interstate Highway 94, and one located south of the highway. I-94 stars at the Wisconsin border near Minneapolis and moves northwest before leaving the state near Fargo, North Dakota.

March 17, 2022

Kansas to consider new sports betting bill

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The Kansas House of Representatives is to run the rule over a new bill that seeks to legalise online and retail sports betting in the US state, with operators entering into contracts with the state lottery.

Sponsored by the state’s House Federal and State Affairs Committee, House Bill 2740 sets out proposals to expand the existing lottery act to allow for online sports wagering.

The bill states that the Kansas Lottery would be able to offer sports betting through one or more lottery gaming facility managers that have entered into a contract with the lottery.

Each lottery gaming facility manager would be limited to operating three interactive sports wagering platforms, while they would also be permitted to agree a deal with an approved interactive sports betting platform, subject to clearance by the Kansas Lottery.

Sports wagering supplier licences would run for a period of two years, though the lottery may award provisional licences for up to one year. The bill said that fee for th..

March 16, 2022

STS adds horse racing to UK site

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Poland-based operator STS has announced its expansion into the horse racing vertical in the UK.

The operator has announced its expansion into horseracing on the week of Cheltenham Festival. STS’s portfolio of services already includes sports betting, virtual sports, online casino and esports betting.

It will be increasing its offering across a range of horse and greyhound racing content in the UK, providing live streaming from international and domestic racecourses throughout the year. Customers will also be able to watch the races and bet via mobile devices.

STS will receive risk-managed odds, data and live-streamed video, all provided by At the Races (ATR) Markets.

“We are going to work with ATR Markets over the coming months to enhance the product further by adding additional features plus adding to the available content, including international racing from other territories” said STSBet managing director, Filip Sosnowski.

“We will offer regular horse racing promotions, special..

March 16, 2022

Betsson to reshuffle board with three new appointments

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Betsson’s nomination committee has proposed Eva de Falck, Louise Nylén and Tristan Sjöberg as new board members.

In addition, the committee proposed Johan Lundburg as chairman, as previously announced, as well as the re-election of Eva Leach, Peter Hamberg and chief executive Pontus Lindwall to the board.

Tristan Sjöberg had previously served on Betsson’s board for six months in 2018. However, he stepped down at the time because he was “in a legal dispute with Swedish tax authorities regarding tax liability”.

Tristan Sjöberg

He is vice chairman of the TCSJohnHuxley Group and co-owner of Knutsson Holdings. He is considered an “active owner” of Betsson, as Knutsson is the operator’s fourth-largest shareholder, and so he will represent these interests on the board.

Eva de Falck

Eva de Falck and Louise Nylén were both proposed as independent directors. De Falck is a senior consultant, advisor and board member of Skandiabanken, and has also served as general counsel and a member of..

March 15, 2022

LeoVegas closes in on Ontario igaming approval

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LeoVegas Group has become the latest online gambling operator to secure approval from the Alcohol and Gaming Commission of Ontario (AGCO) to launch in the Canadian province’s regulated market.

The AGCO notified LeoVegas that while it had not yet received a licence, it had been registered as an igaming operator, which all but cleared the way for it to launch in the province.

LeoVegas will now be required to enter into an operating agreement with iGaming Ontario, the subsidiary of AGCO that will oversee the market, in order to launch when the market opens on April 4.

Should LeoVegas secure final approval as expected, it will offer online casino, live casino and betting under its LeoVegas and Royal Panda brands.

LeoVegas said that launching in Ontario would be in line with its strategy to grow in locally regulated markets and soon-to-be regulated markets, with plans also in place to go live in the US later this year, beginning with New Jersey.

“Over recent years, the LeoVegas brand h..

March 14, 2022

Iowa sports wagers climb 50.4% YoY to $215.9m in February

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Iowa’s sports betting handle increased 50.4% year-on-year to $215.9m (£165.3,/€197.0m) in February, while the state also experienced an 11.7% rise in revenue.

The amount bet by players was comfortably higher than the $143.6m spent in February of 2021, but this total was 28.8% lower than the $303.3m wagered in January of this year.

Once again, the majority of bets were placed over the internet, with mobile wagers for the month amounting to $195.0m, up 55.8% year-on-year.

In contrast, retail bets totalled $20.9m, though this was 13.6% more than in February last year.

Revenue for the month across all channels amounted to $8.6m, up from $7.7m in the same month in 2021.

Online revenue was 33.3% higher than 2021 at $8.0m, while retail revenue continued to lag behind on $589,920, which was down 68.8% year-on-year from $529,920 last year.

Looking at individual operator performance for February, Diamond Jo Casino in Worth, which is partnered with FanDuel, ranked first with $1.5m in combin..

Month: March 2022