Bookiecity, Author at Bookiecity

New Hampshire sets sports betting handle record in March

Consumers in New Hampshire spent a record $103.4m betting on sports in March, beating the previous monthly-high set back in January 2022.

The monthly handle was 3.9% ahead of the existing record of $99.5m, as well as 31.2% up from $78.8m in March 2022 and 18.9% ahead of the $87.0m spent in February this year.

Players wagered $93.4m online as well as $10.0m at retail sportsbooks across the state.

Read the full story on iGB North America.

April 20, 2023

Kindred enters Washington State with Swinomish Tribe

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Kindred Group has expanded into the Washington State market by launching the first phase of its partnership with The Swinomish Tribe.

Under the agreement, Kindred will roll out a retail operation at the Swinomish Casino & Lodge, in line with a wider, six-year deal announced in October last year.

The first phase of the sportsbook launch covers Unibet branded kiosks and over-the-counter sports betting, with further developments to include a Unibet sports betting lounge, due to launch later this year.

Read the full story on iGB North America.

April 19, 2023

MA online sports betting handle hits $548.1m in first three weeks

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Players wagered a total of $548.1m during the opening three weeks of legal online sports betting in Massachusetts, while licensed operators generated $46.7m in revenue.

The US state opened it regulated market on March 10, with the inaugural online wagering report published this week by the Massachusetts Gaming Commission (MGC) covering the three-week period from this date, through to March 31.

DraftKings proved the most popular operator among consumers, drawing $257.6m in bets in the opening weeks, ahead of FanDuel on $181.1m and BetMGM with $45.3m.

Read the full story on iGB North America.

April 19, 2023

Pennsylvania gambling revenue exceeds $500m for the first time in March

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Pennsylvania set a new record in March after monthly gambling revenue surpassed $500.0m for the first time, while igaming revenue also reached an all-time high.

Revenue for the month reached $515.3m, up 11.4% from $462.7m in March 2022 and also 12.8% ahead of $456.8m in February of this year.

Retail slots accounted for almost half of all gambling revenue for March, with the $225.4m generated during the month being 5.0% ahead of the previous year. However, revenue from retail table games slipped 8.9% to $85.9m.

Read the full story on iGB North America.

April 18, 2023

Kindred approved to launch proprietary platform in New Jersey

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Kindred Group has secured final approval from the New Jersey the Division of Gaming Enforcement to launch its proprietary gaming platform in the US state.

The roll-out, Kindred said, would improve flexibility and performance through a richer set of analytics and data, as well as give Unibet customers in New Jersey an enhanced experience where products and content can be better tailored.

Kindred added that the new platform would cater for its wider, safer gambling approach in accordance with local needs and requirements.

Read the full story on iGB North America.

April 17, 2023

Penn launches military scholarship at Penn State Berks

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US-based gaming operator Penn Entertainment announced it is creating a military scholarship at the commonwealth campus of Penn State University, Penn States Berks.

The scholarship will be endowed through a multi-year $50,000 spend, which the company frames as supporting the Berks County community where Penn’s corporate headquarters are located. The business said that the initiative was part of Penn’s ongoing commitment to support veterans and active-duty military.

The scholarship will be available to veterans, activity duty reservists or National Guard members with a “demonstrated financial need”. At present, close to 50 student veterans are enrolled at the campus.

“We are thrilled to partner with Penn State Berks on the creation of this scholarship, which further strengthens our support for the military and our local community,” said Penn”s senior vice-president of public affairs, Eric Schippers. “Penn is passionate about honouring and empowering our nation’s heroes and this schola..

April 14, 2023

Bet365 to debut ultra-low latency streaming service

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Bet365 is set to launch iGameMedia and THEO Technologies’ optimised sports streaming service next month.

Sports broadcaster iGameMedia and THEO – which has developed High Efficiency Streaming Protocol (HESP) – will deliver ultra-low latency sports streaming to the sportsbook market as standard, phasing out HTTP Live Streaming (HLS). The two have combined with rights agency partner Infront Bettor and will deliver the service through the iGame One Platform from May 2023.

The platform is a single API that is integrated with all leading sports rights holders which maps multiple vendor event IDs into one singular ID in One integration. The service will be delivered with a fixed latency of two seconds from source – compared to the 7-8 seconds that is standard from HLS – aligning the data and the video for an enhanced user experience.

A Bet365 spokesperson said: “We’re thrilled that in collaboration with our partners at iGameMedia, we can continue to provide the best in-play customer exper..

April 14, 2023

Tonybet seals multi-year Canadian Premier League partnership

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The Canadian Premier League (CPL) has announced that Tonybet will be its official sports betting and online casino partner.

The multi-year partnership makes Tonybet the presenting partner of CPL’s Match of the Week broadcast on OneSoccer.

Mark Noonan, the commissioner of the CPL, expressed his excitement at signing up Tonybet as a sponsor.

“We look forward to working with them on experiences that engage our fans and enhance what it means to be a supporter of the CPL and Canadian soccer in general,” he said.

Additionally, the company will become the presenting partner of the CPL’s Predictor contest.

Alex Haig, country manager for Canada at Tonybet, added that the company is “delighted to get behind the CPL and to take our brand to a growing and passionate fan base”.

He added: “With the CPL being one of the fastest-growing leagues in Canada, Tonybet is excited to build and enhance the fan experience.”

The exact length of the multi-year deal has not been disclosed.

April 13, 2023

Iowa sports betting revenue up despite handle dip in March

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Iowa’s sports betting revenue increased year-on-year in March, despite the US state posting a slight decline in monthly handle.

Player spending on sports wagering in March across online and retail amounted to $232.6m, down marginally from $233.5m in March 2022. However, this figure was 20.0% higher than the $193.9m bet by consumers in February this year.

Of this total, $209.0m was wager with online sportsbooks, while the remaining $23.6m was spent at retail locations.

Read the full story on iGB North America.

April 13, 2023

Indiana sports betting handle declines in March

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Consumer spending on sports betting in Indiana fell year-on-year in March, though the state was able to report an increase in revenue.

Wagering handle for the month amounted to $433.0m, down 9.1% from $476.8m in March 2022 but 21.5% higher than $356.2m in February of this year.

Basketball remained by far the most popular sport among bettors, drawing $224.3m in total wagers for the month. Players also spent $71.7m on baseball betting, $1.6m on football and $71.7m on other sports, as well as $127.9m on parlay bets.

Read the full story on iGB North America.

Author: Bookiecity