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Rivalry goes live in Australia
May 9, 2022

Rivalry goes live in Australia

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Toronto Venture Exchange-listed Rivalry has launched esports and traditional sports betting in Australia.

The operator received a sports bookmaker license by the Northern Territory Racing Commission in February, and took its first bets in Australia last week.

“We are very excited to bring Rivalry to customers in Australia,” said Steven Salz, Co-Founder and CEO of Rivalry. “We take a very different approach than traditional betting operators, and have been particularly successful among Gen Z and young Millennial’s across the globe.

“We are very eager to start building our brand equity in Australia through a series of innovative activations and campaigns as we ramp up services throughout the remainder of 2022. As we do everywhere, servicing and helping to grow the esports and gaming community will be a priority for us.”

The launch comes just over a month after Rivalry launched in Ontario, as one of the initial operators to go live when the market opened on 4 April.

The business rev..

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ComeOn approved for Ontario licence
April 22, 2022

ComeOn approved for Ontario licence

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ComeOn has secured approval for an Ontario sports betting licence, becoming the 31st operator to do so.

The operator’s registration by the Alcohol and Gaming Commission of Ontario (AGCO) as a sports betting operator was effective yesterday (21 April).

The operator’s licence will expire in two years, in April 2024. This would make ComeOn only the 12th operator to be approved for a two-year licence, with most operators approved for only one year. Ontario Lottery and Gaming Corporation, the provincial lottery operator, has a licence running until 2052.

Ontario launched its regulated market on 4 April of this year. Operators such as Unibet, theScore, BetRivers, 888, PointsBet, LeoVegas, Bwin, Bet365, FanDuel, BetMGM and Caesars all secured licences on launch day, April 4, while more recent licensees include Betway and North Star.

This market launch followed almost three years of work to open up the market, after the government revealed plans to end the lottery’s online gambling monopo..

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FanDuel withdraws daily fantasy product from Ontario
March 29, 2022

FanDuel withdraws daily fantasy product from Ontario

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FanDuel will withdraw its daily fantasy sports product from Ontario from 1 April, in line with the Canadian province’s regulations for when its online betting and gaming market opens to licensed operators.

Ontario is set to launch licensed sports betting and igaming on 4 April, ending a state monopoly. Earlier this month, the Alcohol and Gaming Commission of Ontario (AGCO) released a guide for operators that revealed that businesses which apply for registration before the 4 April launch must cease operations in Ontario from the moment their registration is approved by AGCO.

FanDuel is among the operators that has received a licence, and as a result it has opted to withdraw its daily fantasy sports brand, including both free and paid games, as this vertical is not permitted under the new regime.

The operator did note, however, that its daily fantasy sports brand would still be available in other provinces.

All entries submitted prior to April 1 will run as normal, with all winnings ..

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Kentucky lawmaker begins push for legal betting, fantasy and poker
February 24, 2022

Kentucky lawmaker begins push for legal betting, fantasy and poker

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A bill to legalise sports betting, fantasy sports and online poker in Kentucky has been introduced to the state's Senate.

Senate Bill 213, authored by Senator David Yates, has been referred to the Committee on Committees, and it outlines the operation of online and in-person sports wagering, fantasy contests and online poker.

Sports betting licencees will be subject to a 9.75% tax rate on adjusted gross revenue from retail bets, while online bets will be taxed at 14.25%.

Wagering will only be permitted in the state at licensed racetracks, professional sports venues or on a mobile app, for which in-person registration will be mandatory.

This registration requirement will then lift from 2024, when players aged 18 and above will be able to download an app anywhere.

Tracks and venues are only allowed to partner with one provider at a time, using a format available in both a retail and online capacity.

For fantasy sports operators, the registration fee has been set at $5,000,..

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Zebet becomes latest operator to secure Dutch licence
February 17, 2022

Zebet becomes latest operator to secure Dutch licence

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Dutch regulator de Kansspelautoriteit (KSA) has granted an online gambling licence to a 12th operator – Zebetting and Gaming, which operates the Zebet brand.

Zebetting and Gaming will be permitted to offer bets on sports and horse racing at the Zebet.nl and Zeturf.nl websites.

It becomes only the 12th operator to be permitted to launch online in the Netherlands. When the Dutch online market opened on 1 October – after a number of delays – only ten operators were permitted to launch.

These initial licensees included Bet365, Tombola, Play North, Dutch land-based operator Holland Casino and state lottery Nederlandse Loterij with its Toto Online brand.

The Janshen Hahnraths Group with FPO Nederland, Italy-based Betent, Belgian brand Bingoal, NSUS Malta, which runs the GGPoker.eu brand and sports media and betting business LiveScore Malta also secured licences.

Soon after the market launch, JOI Gaming, a division of Dutch land-based casino operator JVH Gaming & Entertainment Group, be..

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Resorts Digital to grant third NJ skin to “major global company”
February 15, 2022

Resorts Digital to grant third NJ skin to “major global company”

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Resorts Digital Gaming, the online arm of DGMB Casinos, is in “advanced discussions” with an unnamed “major global sports betting company” to bring the business into New Jersey under Resorts’ licence.

Resorts Digital said the deal is set to be signed imminently, with the brand then able to launch once it receives approval from the New Jersey Division of Gaming Enforcement.

“I can’t wait to announce this exciting deal once it is finalised – it really will give RDG the most diverse stable of sports betting brands in the New Jersey market,” Resorts Digital Gaming chief executive Ed Andrewes said.

“This will also free up our third sports betting skin, allowing us to focus all our energy on our core casino customers.”

Because New Jersey licensees are only permitted three online sports betting skins.

As Resorts Digital already has deals in place with Flutter’s Fox Bet and DraftKings, the operator will stop offering sports betting on its ResortsCasino.com website.

All existing unsettle..

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Illinois prediction exchange bill introduced
January 25, 2022

Illinois prediction exchange bill introduced

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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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