Author: Bookiecity

US sports betting in 2023: Where do we go from here?

US sports betting in 2023: Where do we go from here?

H2 Gambling Capital's in-depth analysis of the current state of the US sports betting market, and its future growth trajectory, is now available as a report.

H2 Gambling Capital: US sports betting exceeding expectations

The fifth anniversary of the Supreme Court striking down the Professional and Amateur Sports Protection Act, paving the way for legal betting in the US, is fast approaching.

Over this time there has been a wholesale reshaping of the US gaming sector, with mobile betting racing across multiple states, and a pandemic arguably accelerating rather than slowing its spread.

What next for the market?

It’s against this backdrop that H2 Gambling Capital, in partnership with iGB, is looking at what’s next. As the pace of new state launches slows, where is growth coming from?

Report author Ed Birkin, H2 Gambling Capital

For a sector in which a small cohort of brands tend to occupy podium positions in each state, there is there is perhaps more scope for upheaval than ..

Continue Reading

BetMGM named as an official sports betting partner of the Boston Red Sox

BetMGM named as an official sports betting partner of the Boston Red Sox

BetMGM has been named as the official sports betting partner of MLB team the Boston Red Sox.

This announcement precedes the launch of mobile sports betting in Massachusetts. It marks the first sports betting partnership for the Red Sox, as well as BetMGM’s first tie to a Massachusetts sports team.

“The Red Sox are one of baseball’s most beloved organizations and we’re thrilled to bring BetMGM to their passionate fans,” said Matt Prevost, chief revenue officer at BetMGM. “We look forward to working together to elevate the gameday experience in Boston.”

As part of the deal, BetMGM promotional material will appear at Fenway Park. Fenway Park’s left field wall, coined “Green Monster”, will display BetMGM signage.

Branded content will also be distributed across both BetMGM and the Boston Red Sox’s social media accounts.

BetMGM will also have a suite at the stadium. The operator plans to execute VIP fan experiences in the suite, including batting practice access, ceremonial first pitc..

Continue Reading

Duelling sports betting bills fail in Georgia

Duelling sports betting bills fail in Georgia

Two separate sports betting bills in Georgia have failed in the State House and the State Senate.

This means that Georgia’s sports betting dream is dead until the 2024 Georgia legislative session at the earliest.

The Senate bill’s primary sponsor and Republican Majority Leader Bill Cowsert’s strategy was focused on amending the Constitution of the State of Georgia to allow the legislature to pass laws.

The Senate effort aimed to amend Georgia’s constitution

In turn, this would have allowed for sports betting to be operated in the state.

Georgia currently prohibits the authorization of gambling operations, with an enumerated exception for lotteries.

This bill – titled Senate Resolution 140 – did not get the requisite two thirds majority needed for an amendment of the state constitution, and so failed at 30-26 votes.

If the resolution had passed, sports betting would have appeared on the ballot by referendum in November 2024.

And while the amendments enabling legislation Senate B..

Continue Reading

Kambi scores multi-channel sports betting deal with Wisconsin tribal operator

Kambi scores multi-channel sports betting deal with Wisconsin tribal operator

Sports betting technology supplier Kambi Group has agreed a new multi-channel sportsbook partnership with tribal operator Potawatomi Casinos & Hotels in Wisconsin.

Under the deal, Kambi will support Potawatomi Casino Hotel in Milwaukee with the opening of the first land-based sportsbook in the state. The new facility will feature 20 self-service kiosks, while additional kiosks will also open at the Carter Hotel & Casino in Carter.

Kambi’s full suite of sports betting technology and services will be available to customers for Potawatomi Casino Hotel’s initial retail sportsbook launch, with an on-premises mobile roll out, including live odds boards and Bring Your Own Device (BYOD) technology, to follow.

Read the full story on iGB North America.

Continue Reading

Colorado sports betting revenue edges up in January despite handle dip

Colorado sports betting revenue edges up in January despite handle dip

Sports betting revenue in Colorado increased 2.6% year-on-year in January despite the US state experiencing a decline in handle.

Gross gaming revenue for the month amounted to $35.5m, which was marginally up from $34.6m in the same month last year but 13.2% behind the $40.9m reported in December 2022.

Almost all revenue in January came from online wagering, with this segment generating $35.4m in revenue. Retail sportsbooks were responsible for just $106,592 in revenue.

Read the full story on iGB North America

Continue Reading

Rhode Island sets new sports betting handle record in January

Rhode Island sets new sports betting handle record in January

Players in Rhode Island wagered a record $62.3m on sports in January, although revenue in the US state remained level year-on-year.

Consumer spending was 6.3% ahead of $58.6m in January of last year and 5.2% more than in December 2022, while the total surpassed the existing monthly record of $61.2m set in November 2022 by 1.8%.

Online betting accounted for $37.5m of all wagers placed during January, while retail spend was $24.8m, split $17.2m at Twin River and $7.7m the Tiverton Casino.

Read the full story on iGB North America

Continue Reading

Better Collective signs media partnership with Goal

Better Collective signs media partnership with Goal

Denmark-based affiliate Better Collective has announced a global media partnership with Goal, the online football brand, to create sports betting content.

The deal will see Better Collective running the sports betting section of Goal across all the brand’s domains, which is featured in English, Spanish and Portuguese.

Better Collective will also provide Goal with sports betting content, as well as technology and data insights.

Jesper Søgaard, Better Collective CEO and co-founder, said that the deal is the start of bigger things to come from the affiliate.

“Partnering with such a well-recognised and renowned media like Goal perfectly aligns with our media partnership strategy and our overall strategy of becoming the leading digital sports media group,” said Søgaard. “There is no doubt in my mind that we will be able to benefit from each other’s expertise.”

Goal is owned by FootballCo, which operates other sports brands including Mundial, Spox and Voetbalzone.

James Lamon, Football..

Continue Reading

Nevada gambling revenue rises 18% year-on-year in January

Nevada gambling revenue rises 18% year-on-year in January

The Nevada Gaming Control board reported an 18.0% year-on-year rise in gambling revenue in the US state during January, with growth across all key markets.

Revenue for the month amounted to $1.27bn, up from $1.08bn in January 2022 but 3.1% lower than $1.31bn in December of last year.

Slots accounted for $874.5m of all revenue for the month, 15.9% up on the same month last year. Multi-denomination slots generated $459.1m in revenue, with penny slots revenue at $285.9m.

Read the full story on iGB North America

Continue Reading