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New Hampshire smashes revenue and handle records in January

New Hampshire set a new monthly sports betting handle record of $99.5m (£74.2m/€89.1m) in January, while the state’s revenue also reached an all-time high of $8.0m.

Player spending on sports wagering in January was 66.4% higher than $59.8m in the same month last year, as well as 15.2% more than $86.4m in the final month of 2021.

The January total also narrowly surpassed the previous state record of $98.2m that was set in October last year.

DraftKings’ mobile sportsbook again accounted for the majority of wagers placed during the month, with players spending $81.6m online. The remaining $18.0m was wagered at the operator’s three retail betting facilities across the state.

Turning to gaming revenue, after winnings were paid out to players, and this amounted to $8.0m, a 90.5% increase from $4.2m in January of last year and 207.7% up from $2.6m in December 2021.

This also comfortably surpassed the existing monthly record of $6.2m set in November 2021.

A total of $7.1m of this was gen..

February 24, 2022

Dutch regulator warns operator over Twitter ads during matches

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Dutch gambling regulator Kansspelautoriteit (KSA) has issued a warning to a licensed operator for advertising on social media platform Twitter during football matches.

The unnamed operator tweeted updates on games and in some posts quoted odds and included a direct link to its website where consumers could place bets on the matches.

Dutch law prohibits advertising during sports events in order to discourage players from impulsive betting.

As such, the KSA said the operator’s tweets on the matches breached this regulation.

The regulator contacted the licensee once it was aware of the tweets, ordered it to cease posting immediately and to not carry out this form of marketing in the future. The KSA said the operator complied with its orders.

The KSA added that it would continue to monitor the operator’s activities and warned it could impose sanctions if further breaches were identified.

The warning comes after the regulator last week also issued warnings to a number of operators ov..

February 23, 2022

Mississippi sports betting handle reaches $66.5m in January

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Players in Mississippi wagered a total of $66.5m (£44.5m/€53.3m) on sports in January, down slightly year-on-year, while monthly revenue also declined.

The state’s handle was down 0.9% from $67.1m in January of 2021, though the January total was up 17.1% month-on-month from $56.8m recorded in December of last year.

Revenue for the month was also down 28.6% year-on-year from $9.1m to $6.5m, but this was more than double the amount posted in the final month of 2021 when the state reported $3.2m in revenue for December.

Breaking down the monthly performance, coastal casinos remained the sports wagering venue of choice for consumers in January, with $45.7m in total bet at these casinos, while revenue amounted to $3.1m.

Football betting drew $17.5m in wagers at coastal casinos during the month, just ahead of basketball on $17.3m. Baseball wagering was just $2,953, while parlay betting hit $4.1m and other sports $6.9m.

Wagering and northern casinos reached $10.9m and revenue $1.6m, with..

February 22, 2022

AFL survey: 37% of fans list gambling ads as “key concern”

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A survey by the Australian Football League Fans Association (AFLFA) has revealed that a large number of AFL fans are unhappy with the prominence of gambling advertising during matches, with 37% of respondents listing it as a key concern.

The survey took place in late 2021. A total of 860 responses were recorded, with most participants being in the 55-64 years old age bracket.

Participants were asked a variety of questions regarding their experiences as AFL fans.

When asked what their key concerns were, 37% of participants chose gambling advertising. This was second only to umpiring and rule changes at 40.5%.

In choosing their top concern 11.6% chose gambling advertising, the third-most common concern behind game access being impacted by Covid-19 at 11.7% and umpiring and rule changes at 25.6%.

A number of participants called for the removal of gambling advertising altogether during games, suggesting that all gambling-related features and sponsorships be banned.

Others suggested t..

February 22, 2022

UK attitudes towards gambling improve for first time since 2016

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A survey from the Gambling Commission suggests British attitudes towards gambling are improving for the first time since the survey began, after a long period of worsening public perception.

The statistics come from the Gambling Commission’s quarterly telephone survey, which examines gambling prevalence, attitudes and rates of harm.

The regulator noted that December 2021’s edition, which saw 4,021 people polled, marked the first time in which responses suggested statistically significant year-on-year improvements in attitudes towards gambling since the surveys began in 2016.

However while attitudes softened when compared to December 2020, a majority of the population continued to express anti-gambling sentiments.

For example, in the year to December 2020, 63.4% of respondents said that “gambling should be discouraged”. However, in the 2021 edition, this total had dipped to 58.9%.

Similarly, the portion of the population who agreed that gambling was “dangerous for family life” drop..

February 22, 2022

Delaware sports betting handle down 28.2% year-on-year in January

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Player spending on sports betting in Delaware fell 28.2% year-on-year to $8.4m (£6.2m/ in January, while the state also reported a 55.6% drop in revenue for the month.

Delaware’s handle was down from $11.7m in January last year, the second highest monthly total for all of 2021, behind the $12.2m spent in October.

However, the January 2022 figure was up 12.0% month-on-month from the $7.5m wagered in December of last year.

Revenue also dropped sharply year-on-year from a year-high of $1.7m in January of 2021 to $765,092, though this was up 157.8% month-on-month from $296,809 in December of last year.

Players won a total of $765,092 from sports betting in January, placing 228,828 wagers in the process.

Delaware Park was the state’s leading operator during the month, posting $391,335 in total revenue from $4.2m in player wagers.

Dover Downs ranked record with $214,703 in revenue and a monthly handle of $2.3m, then Harrington Raceway on $159,054 in revenue from $1.8m in consumers bets..

February 21, 2022

STS Holdings reports record stakes and active users in 2021

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Polish operator STS Holdings has reported record highs in a number of operating stats, including stakes, in 2021.

The value of bets placed with STS was PLN4.50bn (£830.0m/€1.00bn) during the year, representing a 25.0% increase year on year.

The company recorded 693,000 active users in 2021, up from 557,000 the year before. There was also an 18.0% increase in new registrations, as 370,000 new customers signed up comapred to 314,000 in 2020.

249,000 players placed their first deposits with the company last year, which was a 21.0% increase on 2020’s figure.

CEO Mateusz Juroszek said: “As expected with previous predictions, 2021 was a record year for the group.

“We achieved high increases in key operational data, such as the amounts staked and the number of active users. This shows the dynamics of the growth phase the STS Group is currently in.

“We expect to continue to achieve our previously established medium and long-term goals in the coming reporting periods. What’s more, as w..

February 21, 2022

Louisiana retail betting handle reaches $49.3m in January

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Consumers in Louisiana wagered a total of $49.3m (£36.2/€43.4m) at retail sportsbooks during January, a month in which the state also opened its legal online sports betting market.

The figure was the highest monthly total since Louisiana launched legal retail wagering on October 31 last year, with the January amount 24.8% higher than $39.5m in December and 78.6% more than $27.6m in November.

Revenue from retail sports betting in January amounted to $5.3m, which was 29.3% up from $4.1m in December, but 7.0% lower than $5.7m in November.

Football betting generated $1.5m in revenue during the month, while basketball revenue hit $313,941. Parlay betting was responsible for $3.5m of all revenue for January.

Figures published by the Louisiana Gaming Control Board also showed tax from retail sports betting in January amounted to $533,289.

Legal retail betting began in October of last year when Betfred Sports rolled out in-person wagering in partnership with Paragon Casino Resort, while C..

February 18, 2022

IGT expands in Washington state with Kalispel Tribe deal

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International Game Technology (IGT) has signed a multi-year agreement with the Kalispel Tribe of Indians which will see the company expand its sports betting offering to Washington state.

Under the terms of the deal, the Tribe’s Kalispel Casino will use IGT’s technology to power a retail sportsbook, which is due to open at a later date.

IGT first entered the Washington sports betting market in July 2021 via its partnership with Snoqualmie Casino. The company went on to reach a similar agreement with the Stillaguamish Tribe of Indians and their Angel of the Winds Casino Resort in September.

IGT’s president of sports betting Joe Asher said: “IGT is pleased to build on our sports betting momentum in Washington State and bolster our long-standing partnership with the Kalispel Tribe of Indians by powering sports betting at Kalispel Casino.

“We look forward to bringing a great sports betting experience to the Kalispel Casino so that our long-time partner can further engage its customer..

February 18, 2022

BetMGM scores strategic partnership with SportsGrid

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BetMGM has entered into a strategic partnership with US-facing 24-hour sports wagering streaming network SportsGrid.

Under the agreement, BetMGM content will be integrated across SportsGrid’s original, live programming, supported by television and social media advertising.

Content will include BetMGM’s brand, odds and promotions, while SportsGrid will also have access to BetMGM’s trading team and brand ambassadors to create insider content for its network.

“SportsGrid is making big waves in the streaming world, creating a new avenue for fans to consume sports betting content,” BetMGM chief executive Adam Greenblatt said. “This collaboration allows us to further expand BetMGM’s reach to our fans through SportsGrid’s nationwide broadcast network.”

SportsGrid co-founder and president Louis Maione added: “We are proud to deliver real-time BetMGM data and intelligence to millions of sports fans. This relationship with a recognized leader in the industry helps us better super-serve the g..

Author: Bookiecity