Sports Betting News Archives - Page 48 of 67

Sportradar announces new all-in-one sportsbook solution Orako

Sportradar has announced Orako, its new all-in-one sportsbook solution for betting operators.

Orako offers technology, products and tools for operators looking to establish an omnichannel sports betting service for customers.

The sportsbook solution will feature Sportradar’s own portfolio and will present two options for operators to choose from- the choice of a service fully managed by Sportradar, or an option that allows operators to manage their own service using the Orako tools and technologies.

Orako will also include marketing services, and is powered with artificial intelligence and machine learning capabilities.

“The sports betting industry is hyper competitive, growing at pace and offering more opportunities than ever to operators,” said Jacob Lopez Curciel, managing director for managed sportsbook services at Sportradar.

“With Orako, we can manage up to 100 percent of a sportsbook’s operation and alleviate their need to invest in additional technology and innovation, fre..

June 24, 2022

KSA chair Jansen questions whether industry is “capable of self-regulation”

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René Jansen, chair of Dutch regulator de Kansspelautoriteit (KSA), has questioned whether self-regulation is possible within the gambling industry, as he expressed his continued frustration with operators that “look for the edges of the law”.

In a blog post, Jansen looked back on a roundtable discussion on gambling in the House of Representatives, in which he participated.

This discussion noted the success of the country’s online gambling regime in channeling players to licensed offerings since the market launched in October 2021. However, it also noted areas where there was room for improvement.

In particular, Jansen said one issue that became obvious in the discussion was “the behavior of some legal operators, who – unfortunately – did look for the edges of the law”.

As a result of this, Jansen said he had his doubts about whether it was possible for the industry to regulate itself.

“This raises the question of the extent to which the sector as a whole is capable of self-regulat..

June 24, 2022

FDJ’s ParionsSport launches anti-cyberbullying campaign

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ParionsSport, the sports betting division of Française des Jeux (FDJ), has launched an anti-cyberbullying campaign to raise money for online harassment helpline 3018.

The campaign, titled #SmashTheHaters, intends to support the French Tennis Federation’s (FFT) fight against cyberbullying suffered by tennis players.

As part of the campaign, ParionsSport released a video on their Twitter account to raise awareness of online harassment in tennis.

The operator said that for one week, they will donate five euros for each retweet to 3018, a free and anonymous service for victims of digital harassment.

The service was launched in February this year and is made up of a team of psychologists, digital experts and legal professionals.

Earlier this month, FDJ signed a sports content deal with Sportradar. FDJ also launched a safer gambling campaign in April of this year.

June 23, 2022

Kyrgyz parliament votes to legalise casinos and igaming for foreigners

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Kyrgyzstan’s legislature has voted to re-legalise land-based gambling and launch online casino for the first time, though all offerings will only be available to foreign players.

The bill “On Gambling in the Kyrgyz Republic” – passed on its third reading – would legalise a wide range of forms of gambling. As well as casinos, slot halls and retail bookmakers – which had all been legal in the past before casinos were banned in 2012 and the latter two banned in 2015 – online casino games will also be legal.

However, all gambling will only be available to foreign players.

Land-based casinos must only be set up in restaurants or hotel complexes. The restaurant must have at least 100 seats, and the hotel must have at least 20 rooms. Slot halls, meanwhile, must be separate rooms or buildings from any other type of business activity.

Casinos located in the Kyrgyz capital of Bishkek must have at least 10 gaming tables, while those elsewhere must have at least five. Slot halls must contain a..

June 22, 2022

North Carolina House committee passes sports wagering bills as deadline looms

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North Carolina’s House Judiciary Committee has passed two bills that would bring sports wagering to the state, just nine days before the legislative session ends on June 30.

The bills will now be referred to the state’s House Finance Committee and will be heard today (June 22).

The main sports wagering bill – Senate Bill 688 – had its first reading on April 8 2021.

Read the full story on iGB North America.

June 22, 2022

Kindred loses lawsuit over Norway fines, but plans to appeal

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Trannel, the business behind online sportsbook and casino Unibet, a subsidiary of Kindred Group, has lost its lawsuit against the Norwegian state – related to its presence in the country – in Oslo district court, but will appeal the decision.

Trannel initiated the lawsuit in the context of regulator Lotteri-og Stiftelsestilsynet (Lotteritilsynet) ordering the subsidiary to cease offering services in the jurisdiction. Neither Trannel nor its parent company has a licence to operate in Norway, which operates under a monopoly model.

After the initial ruling, Trannel complained to the Ministry of Culture and Gender Equality regarding alleged violations of the Gambling Act. Once the appellate body came to the same decision as the regulator, Kindred launched the lawsuit against the state.

Lotteritilsynet initially made the decision to stop Kindred brands Unibet, Mariacasino, Storspiller and Bingo doing business on 5 April 2019. After the order the gaming group was threatened with a daily ..

June 21, 2022

OLG’s Proline becomes MLB’s first Ontario sportsbook partner

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The Ontario Lottery and Gaming Corporation’s (OLG) Proline sportsbook brand has become the first sports betting partner of Major League Baseball (MLB) in Ontario.

Under the deal, OLG may use official MLB logos, and will have access to cross-promotion opportunities across MLB digital and social channels.

“Teaming up with a world-class organization like the MLB enables OLG to create exciting, one-of-a-kind interactive experiences for baseball fans at the game and on Proline,” says Dave Pridmore, OLG’s chief digital and strategy officer. “The true value of this partnership for OLG is the way it will bring Proline customers even closer to the game they love in ways they’ve never experienced before.”

Proline launched last year – initially as the only sportsbook in the market after single-event betting was legalised in Canada. However, from April 4 it faced a wave of competition as Ontario opened up to private operators.

“As we continue exploring additional avenues to engage our fans aro..

June 21, 2022

Bet365 announced as official betting operator of PGA Tour

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The UK’s largest gaming business, Bet365, has been announced as an official betting operator (OBO) of the PGA Tour, the leading golf tour organiser, in a three-year content agreement that will continue through to 2024.

The agreement states that Bet365 will be the exclusive source for odds on the leaderboard and player pages on pgatour.com as well on TourCast, the organisations online application.

The operator will become the first OBO outside North America; with the territories including the UK, Ireland, Australia and Canada.

Bet365 will also have a brand presence across the PGA Tour’s media properties, including Discovery platforms in the territories Bet365 will be active in.

“We are excited to work with Bet365 to expand the Tour’s sports betting initiatives outside of North America,” said Scott Warfield, Vice President of Gaming at the PGA Tour.

“Bet365 was the first operator to integrate the Tour’s official in-play betting product and they are poised for tremendous growth being..

June 20, 2022

Italy stems flow of year-to-year drops in igaming GGR

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Italian igaming revenue rose year-on-year in April for the first time since November 2021. However, this figure was down month-on-month.

Italy’s igaming market revenue declined slightly month-on-month, at €292.2m in April compared to March’s €302.4m. This meant that revenue was up year-on-year for the first time in six months, after revenue came to €288.1m in April 2021.

This decline has been mostly driven by a 6.7% fall in online sports betting, with revenue now sitting at €118.9m: its lowest level since October 2021. This was still above the €103.6m recorded in April 2021, however.

Though online casino revenue remained stable, there were some interesting movements between operators within the market.

The biggest four online casino operators by GGR all lost ground to their competitors, Sisal and Snai being the worst affected as they drop to 8.5% and 8.3% market shares respectively, while Pokerstars’ share declined to 8.8% and Lottomatica 7.3%.

In contrast, on the online sports b..

June 20, 2022

Michigan online operators report $160.9m gross revenue in May

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In Michigan, online operators have reported combined $160.9m total gross receipts in May, a 1.4% decline from April.

The total combined gross receipts can be divided into $127.4 million from online casino sources and $33.5 million for sport betting. While the online casino segment decline 3.8% from April, sports betting revenue increased by 9.1% increase.

This pattern can also be seen in the adjusted gross revenue, which takes into account free bets. The combined adjusted revenue total was $137.2 million for May; with $114.7 million from online gaming and $22.5 million from sports betting. While internet gaming declined by 3.9%, sports betting rose by almost 35%.

Comparing to May 2021, internet gaming revenue was up by 28.8% – with sports betting rising 127.4%. One factor in the size of the sector’s increase is the ending of most Covid-era restrictions, which affected the sporting calendar in 2020-2021.

The total sports betting handle, that is the total amount that has been bet, w..

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