July 2022 - Page 3 of 4

Genius to distribute NCAA data in new partnership with Scorebreak

Sports technology business ScoreBreak has announced a new partnership with data distributor Genius Sports covering collegiate sports data, soon after the business became the official supplier of data from the National Collegiate Athletic Association (NCAA).

ScoreBreak operates a video synchronisation engine that will work in tandem with Genius’s official statistics, allowing customers to access the stat-driven video content from any internet-connected device.

ScoreBreak COO Wes Sims emphasised the value the service would provide to sports professionals in a statement.

“As we continue to introduce ScoreBreak to new and exciting sports verticals, we look to identify signature partnerships to help push our product to the next level,” said Sims.

“We believe that matching ScoreBreak with Genius Sports will provide an unmatched experience for coaches and athletes, putting us on a path to equip every athletic program in the country with the tools and insights they need to win in real-time..

July 15, 2022

Detroit casino revenue down 8.8% YoY in June

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The three commercial casinos in Detroit, Michigan, posted $98.6m (£83.4m/€98.2m) in total revenue during June, an 8.8% drop on the same month last year.

Revenue from the MGM Grand Detroit, MotorCity Casino and Penn National’s Hollywood Casino at Greektown was down from $108.1m in June 2021 and also 9.3% lower than $108.7m in May of this year.

MGM retained top spot in the Michigan city with a 49% share of the market, ahead of MotorCity on 34% and Greektown with 17%.

Breaking down the monthly performance, table games and slots were responsible for $98.2m of all revenue for the month, but this was 7.2% lower than in June of last year.

MGM led this area of the market with $48.3m in revenue, up by 4.3% year-on-year. However, revenue at MotorCity was down 9.8% to $33.5m, while Greektown’s revenue dropped 26.6% to $16.4m.

The three casinos paid $8.0m in gaming taxes, as well as $11.7m worth of wagering taxes and development agreement payments to the City of Detroit.

Turning to retail sp..

July 14, 2022

May was second-best month ever for US commercial gaming

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The American Gaming Association (AGA) has reported that US commercial gaming revenue came to $5.03bn (£4.25bn/€5.02bn) in May, the second highest month in industry history.

This was a rise of 7.9% from May 2021, in the earlier stages of recovery from the Covid-19 pandemic.

Slots continued to generate the most gross gaming revenue (GGR) overall, at $2.94bn, down just 0.1% year-on-year.

GGR from table games amounted to $873.9m, a rise of 10.5% year-on-year, while sports betting revenue came to $487.5m- up significantly by 78.2%.

Online gaming revenue also grew, by 30.9% to $406.4m.

For the year to date, total GGR is $24.39bn, up 20.6% from the same period in 2021.

Slots revenue for the year so far increased by 11% to $14.08bn and table games revenue grew by 38.2% to $4.05bn.

Sports betting revenue for the year to date jumped by 73.5% to $2.64bn. Online gaming GGR also grew significantly to $2.03bn, up by 45.6%.

The AGA also noted that March, April and May have been the three mos..

July 13, 2022

BallyBet launches in New York six months after initial approvals

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Bally’s has launched its mobile betting product in New York, six months after the market launched and almost nine months after being announced as one of its nine licensees.

The operator was one of nine approved to launch through the state’s tender process, after the state approved two bids which each included a group of operators. The first operators in the state were approved to launch in January, with others following in February.

However, amid competitive marketing and the state’s 51% tax rate, Bally’s chair Soo Kim said the business was waiting until things looked more favourable before it would launch.

Now, though, the business has officially started taking bets in the empire state via its BallyBet sportsbook, powered by the Bet.Works platform it agreed to acquire in 2020.

“We are live and taking bets in the big apple on all the major sports,” Bally’s said. “NY-area sports bettors can now download our app on Android or iOS and start wagering today.”

New York is the sixth stat..

July 12, 2022

California Democrats endorse “no” vote on online betting measure

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The California Democratic Party has recommended that those in the state vote against a proposal that would legalise online betting.

The party – which dominates California elections, having controlled both houses of the state legislature since 1996 – announced its official list of endorsements for ballot measures that will appear in the 2022 November election.

That election will include two ballot measures related to sports betting. Tribe-backed Proposition 26, titled the California Legalize Sports Betting on American Lands Initiative. would allow for retail sports betting only on tribal lands.

Read the full story on iGB North America

July 12, 2022

Court unlikely to make decision on Florida sports betting until 2023

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The US Court of Appeals for the District of Columbia has set out a timeline for the case that will determine the future of online sports betting in Florida, making it unlikely that any decision will be made until 2023.

The lawsuit – submitted by pari-mutuel operator West Flagler Associates – deals with the question of whether the Seminole Tribe is permitted to offer online sports betting statewide through a new tribal compact that came into effect last year.

The Florida constitution says that an expansion of gambling on non-tribal lands would require a referendum, but the Tribe contends that online bets placed on non-tribal lands would not violate this clause, as they would be accepted via servers in Seminole territory.

Rather than being against the tribe though, the lawsuit is filed against Debra Haaland, Secretary of the United States Department of the Interior, which reviews and approves all tribe-state compacts in the US. As a result, it is being heard in the US Court of Appeals..

July 11, 2022

Dutch minister defends Curaçao reform timeline

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Dutch Minister for Legal Protection Franc Weerwind has defended the timeline towards reform of Curaçao’s gambling system, noting the progress the island is making towards implementing the reforms demanded by the Dutch government.

Although the island’s Council of Ministers recently approved new gambling legislation that would drastically overhaul gambling from Curaçao – by replacing the master licence system with a new licensing authority – Weerwind still faced questions on illegal gambling from Curaçao.

The new rules are expected to raise the bar to entry, potentially forcing some operators out of the market, though Finance Minister Javier Silvania said that operators who cannot meet the new standards would not be a great loss.

The questions came just over six months after his predecessor Sander Dekker faced similar questions about the steps the Netherlands was taking to deal with the sector.

In response, Weerwind said that the Dutch government was already working to pressure Curaç..

July 11, 2022

OpenBet to power Sazkabet sportsbook

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Light & Wonder has announced that its sports betting business OpenBet will power Sazka a.s and its Czech sportsbook brand Sazkabet's online and mobile sportsbook.

As part of the deal, Sazkabet has already deployed the OpenBet managed services platform, which includes a scalable betting engine and risk and liability management system.

In addition, OpenBet has now expanded its presence across Europe by partnering with Sazka , the largest lottery operator in the Czech Republic.

Jan Horyna, Sazka’s igaming director, said that the agreement is crucial to improving the company’s offerings.

“Transitioning to OpenBet’s sports betting technology and services is a key move for us to provide our customers with high-quality and responsible betting experiences,” said Horyna.

“With OpenBet’s transformed modern technology, we are delighted to have introduced significant improvements to our overall sportsbook offering and relish the opportunity to plan future collaborations with OpenBet over..

July 8, 2022

Betfred partners Long Shot’s for Maryland sports betting launch

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Betfred's sports arm, BetFred Sports, has agreed a market access deal in Maryland with off-track betting facility and restaurant Long Shot’s of Frederick.

Under the agreement, Betfred will offer both retail and online sports betting in the state.

A temporary retail sportsbook will open adjacent to the Maryland Jockey Club’s off-track betting within Long Shot’s for the 2022 National Football League season. Due to open in September, the facility will include in-person betting windows and self-serve betting kiosks.

A permanent sportsbook site with a video wall, theatre-style seating and food and beverage facilities is scheduled to open early next year.

Betfred also intends to roll out online sports betting in the state, though remains subject to final regulatory approval.

Maryland Governor Larry Hogan signed a bill to legalise both online and retail sports betting in Maryland last year, after voters approved sports betting through a November 2020 referendum.

However, while reta..

July 8, 2022

Delaware betting handle hits lowest point since August 2020

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Sports betting handle in Delaware dropped to its lowest point since August 2020 while revenue fell by two thirds year-on-year during June 2022.

During the month ended 26 June, players staked a total of $3.5m, which was 41.1% less than in June of 2021. In addition, this figure was the lowest since August 2020, which was the first full month following the reopening of casinos and racetracks in the state after Covid-19 lockdowns.

The number of wagers placed also reached a new low for the year, at 112,200.

Revenue was also down sharply, by 67.1% year-on-year to $212,768.

Both revenue and handle were down year-on-year at each of the state’s three operators. Delaware Park led the way with almost half of the revenue and handle. Players staked $1.7m, almost exactly half of what they staked in June 2021, while the sportsbook took in $100,914, down 72.7%.

Dover Downs followed, with revenue of $57,411 from stakes of $1.0m, its lowest total since July 2020 when the venue was closed for much o..

Month: July 2022