Sports Betting News Archives - Page 29 of 67

Novibet completes online launch in Mexico

Online gambling operator Novibet has announced the launch of its sports betting and igaming offering in the Mexican market.

Novibet will run in the country via a partnership with Big Bola Casinos, a major land-based operator in Mexico.

Players in Mexico will be able to place bets on a wide range of sports and events, including the ongoing 2022 Fifa World Cup, in which the Mexican men’s national team is competing. Users can also access a selection of igaming services.

Novibet said the Mexico launch marks the first step in its wider expansion plans within both the Latin American and North American markets.

The operator in August also set out plans to launch in New Jersey in the US, while it has applied for a licence in the Canadian province of Ontario.

“November is a key month for us as we strategically planned the launch of Novibet in Mexico to coincide with the much-anticipated World Cup tournament,” Novibet chief marketing officer for international markets, Christoforos Bozatzid..

November 24, 2022

Elys secures conditional sports betting approval in Ohio

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Gaming technology provider Elys Game Technology has secured conditional approval for a sports betting proprietor licence in Ohio.

Issued by the Ohio Casino Control Commission (OCCC), the Type C sports gaming proprietor licensure will enable Elys to roll out its sports betting technology in the state.

Ahead of this launch, Elys has entered an agreement to purchase 100 point-of-sale terminals and 100 self-service betting terminals for installation at host locations throughout Ohio.

Read the full story on iGB North America

November 23, 2022

Lahcene Merzoug on PressEnter’s management buyout

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Fresh from announcing a management buyout, PressEnter CEO Lahcene Merzoug talks to iGB about the new leadership's strategy and future plans.

So, the cat is out the bag; PressEnter Group will be under new (or should we say old?) management.

There are many questions that remain: Will the new chairman stay the course or head to uncharted waters? What form will the shape of the business’ future growth take? And what’s the plan with the company’s brands?

The business formerly known as Betpoint has reinvented itself before, though only the new owners know what the plan is now. Current CEO and future executive chair Lahcene Merzoug explains in his own words.

What was the rationale behind the management buyout, and what important factors led the executive team to decide to go down this route?

The management team has grown the business into what it is today, so we could clearly see the potential in the company and its operations. When the opportunity to buy PressEnter Group arose, ..

November 23, 2022

Maryland’s regulated sports betting market officially opens

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Maryland’s online sports betting market is officially live, with seven operators now active in the state as of today (23 November).

Barstool, BetRivers, BetMGM, Caesars, DraftKings, FanDuel and PointsBet can now accept wagers in the state.

Caesars and DraftKings launched before the regulated market officially opened, in preparation for the imminent commencement.

Read the full story on iGB North America

November 23, 2022

Genius and the NFL score streaming deal with three Canadian sportsbooks

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Genius Sports and the National Football League (NFL) have entered to a Canadian video streaming licensing agreement with three sportsbook operators – Bet365, Canada-facing Bet99 and esports-focused Rivalry.

Bet365, Bet99 and Rivalry will be permitted to provide their customers with video streams of all regular and post-season NFL matches through Genius’s Watch & Bet solution.

Genius became the exclusive distributor of NFL data and live video feeds in April 2021. In return, Genius issued 22.5m warrants to the NFL.

Genius said that it will use machine learning-powered live streaming technologies to facilitate video streaming and bet tracking for players in Canada.

[Read full story on iGB North America]

November 23, 2022

Massachusetts receives 15 applications for sports betting licences as deadline passes

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The Massachusetts Gaming Commission (MGC) has completed the application process for new sports betting licences in the state, with 15 operators having put forward submissions.

The deadline to apply for a licence passed at 2pm local time on November 21, with the MGC receiving three applications for Category 1 licences, five for a Category 3 license tethered to a Category 1 licence, and six were received for stand-alone Category 3 licences.

An additional Category 3 licence application to be tethered to a Category 2 licence was also submitted, while the MGC noted that Category 2 licences, which only current horse tracks or simulcast facilities are eligible for, will be accepted on a rolling basis after the deadline.

Read the full story on iGB North America.

November 22, 2022

Louisiana online sports betting handle hits record $219.0m in October

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Players in Louisiana spent a record $219.0m (£184.1m/€213.2m) betting on sports online during October, while the state also reported a nine-month high for retail wagering.

October’s online handle was 3.8% higher than the previous record of $211.0m, which was set in February of this year – the first full month of legal online betting in the state – and also 24.4% above the $176.0m spent by consumers in September.

However, despite higher player spending, revenue from online wagering was 4.1% lower month-on-month at $26.0m, compared to $27.1m in September.

Read the full story on iGB North America.

November 22, 2022

BetRivers and Gambling.com Group reveal Maryland launch plans

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Rush Street Interactive-operated BetRivers and affiliate business Gambling.com Group have both announced they will fully launch in Maryland when the state’s legal sports betting market opens tomorrow (November 23).

BetRivers commenced a short soft launch yesterday (November 21), with this to also run for a period today, prior to the operator launching in full tomorrow subject to final regulatory approvals.

The online launch will support the operator’s retail sportsbook, which opened in Baltimore in August following the legalisation of in-person betting in December last year.

Read the full story iGB North America.

November 21, 2022

Oregon posts record sports betting revenue and handle in October

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Sports betting revenue and handle in October reached new monthly highs during October, according to the latest figures published by the Oregon Lottery.

Player spending in October amounted to $55.6m (£47.1m/€54.3m(, which was 29.6% higher than the existing record of $42.9m set in April this year.

The figure was also 47.9% ahead of $37.6m in October last year and 41.5% up from $39.3m in September this year.

Read the full story on iGB North America.

November 21, 2022

Mississippi sports betting handle reaches $56.2m in October

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Consumers in Mississippi wagered $56.2m (£47.6m/€54.8m) on sports during October, a 32.7% drop on last year but an improvement on the amount bet in September this year.

The monthly handle was some way behind the $83.5m bet during October 2021, but 30.4% higher than $43.1m in September 2022.

Lower spending year-on-year also meant revenue fell 15.4% from $9.1m last year to $7.7m, while this figure was also 12.5% lower than $8.8m in September this year.

Read the full story on iGB North America.

Category: Sports Betting News