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Illinois prediction exchange bill introduced
January 25, 2022

Illinois prediction exchange bill introduced

Bookiecity

Illinois senate bill 3872 has amended the Sports Wagering Act to allow prediction market betting exchanges.

Senator William Cunningham introduced and sponsored Senate Bill 3872, the Exchange Trade Wagering Bill, which plans to entitle the Illinois Gaming Board to issue two exchange trade wagering licenses to an applicant.

“Exchange trade wagering” is defined as the buying and selling of betting contracts at any time prior to the conclusion of an event based on a “describable zero to 100 scale of probability”. Operators must employ a recognised market surveillance technology used in the US financial markets.

The amendment of the Sports Wagering Act suggests that two exchange trade wagering licenses can be issued to operators.

Under the bill, the board specifies that it can issue trade wagering licenses to any applicant who is at least 21 years of age, has no criminal background and demonstrates the level of skill required to operate sports wagering.

The initial fee for an exchange ..

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Mississippi reports marginal growth betting handle for December
January 24, 2022

Mississippi reports marginal growth betting handle for December

Bookiecity

Mississippi's casinos reported total sports betting stakes of $56.8m for December 2021, a 2.8% year-on-year increase.

This, however represented a 6.2% month-over-month decline.

During December, the vast majority was staked in the state’s coastal casinos, which made up $37.5m of the total.

A further $10.7m was wagered at properties in Mississippi’s central region, with a further $8.7m staked in casinos in the north of the state.

American football proved to be the most popular sport to bet on across the state, with $24.9m being staked on the sport. Basketball followed with $15.5m, while parlay bets totaled $10.4m. Other bets added $6.1m.

After player winnings, evenue for the month amounted to $3.2m, down 59.0% from 2020 and a decrease of 66.3% compared to November.

The coastal region was the biggest contributor to the revenue total, generating $2.2m. The northern region was next with $553,536, followed by the central region with $496,568.

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Stats Perform secures IBIA accreditation for second consecutive year
January 24, 2022

Stats Perform secures IBIA accreditation for second consecutive year

Bookiecity

Sports data and AI technology provider Stats Perform has renewed its accreditation to the International Betting Integrity Association’s (IBIA) Data Standards.

Following an independent audit from the eCommerce and Online Gaming Regulation and Assurance (eCOGRA), Stats Perform was able to renew its accreditation for the collection and distribution of sports event data for betting.

IBIA accreditation kite mark

Stats Perform became the first sports data supplier to receive the accreditation back in January 2021, after committing to the watchdog’s best practice standards in late 2020.

“Having been a consistent advocate for the highest standards of integrity and quality in sports data, Stats Perform was proud to become the first company to champion and receive the accreditation,” Stats Perform chief betting officer Andrew Ashenden commented.

“To successfully renew the accreditation is testament to the ongoing quality and integrity efforts of our sports data operations teams.”

IBIA fi..

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Genius Sports scores expanded data and live streaming deal with Betway
January 24, 2022

Genius Sports scores expanded data and live streaming deal with Betway

Bookiecity

Genius Sports has expanded its official data, live streaming and fan engagement partnership with Super Group's online sports betting and gaming operator Betway.

Under the deal, Genius Sports will use its LiveData and LiveTrading solutions to deliver real-time data and pricing for the National Football League (NFL) and National Collegiate Athletic Association (NCAA) basketball.

This will include access to Genius Sports’ full NFL product suite including real-time statistics, proprietary Next Gen Stats (NGS) and official sports betting data feed.

Genius Sports will also provide its digital marketing and bespoke free-to-play tools, allowing Betway to run data-driven campaigns across display, video and connected televisions to help drive deeper engagement levels.

This expands an existing deal that covered football’s English Premier League and Euroleague Basketball.

“We’re thrilled to add Genius Sports’ LiveData and LiveTrading solutions for NFL betting to our existing partnership ..

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BetMakers extends with New Jersey’s Monmouth Park and NJTHA
January 24, 2022

BetMakers extends with New Jersey’s Monmouth Park and NJTHA

Bookiecity

BetMakers Technology Group has extended its fixed-odds and data distribution deal with Darby Development, operator of New Jersey’s Monmouth Park racetrack, and the New Jersey Thoroughbred Horseman Association (NJTHA).

The agreement, signed via BetMakers’ BetMakers DNA Pty subsidiary, comes in the wake of New Jersey legalizing fixed-odds betting on racing.

It will extend BetMakers’ exclusive rights for delivering and managing fixed-odds betting on thoroughbred horse racing into New Jersey from the initial period of 10 years to a longer term of 15 years.

Global Racing Network (GRN), the trading name of the subsidiary, will now become the exclusive representative of the NJTHA to enter into new relationships related to fixed-odds wagering on thoroughbred racing in New Jersey.

Read the full story on iGB North America.

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