Retail sports betting Archives - Page 5 of 13

Kambi scores multi-channel sports betting deal with Wisconsin tribal operator

Sports betting technology supplier Kambi Group has agreed a new multi-channel sportsbook partnership with tribal operator Potawatomi Casinos & Hotels in Wisconsin.

Under the deal, Kambi will support Potawatomi Casino Hotel in Milwaukee with the opening of the first land-based sportsbook in the state. The new facility will feature 20 self-service kiosks, while additional kiosks will also open at the Carter Hotel & Casino in Carter.

Kambi’s full suite of sports betting technology and services will be available to customers for Potawatomi Casino Hotel’s initial retail sportsbook launch, with an on-premises mobile roll out, including live odds boards and Bring Your Own Device (BYOD) technology, to follow.

Read the full story on iGB North America.

March 3, 2023

Colorado sports betting revenue edges up in January despite handle dip

Sports Betting News Bookiecity

Sports betting revenue in Colorado increased 2.6% year-on-year in January despite the US state experiencing a decline in handle.

Gross gaming revenue for the month amounted to $35.5m, which was marginally up from $34.6m in the same month last year but 13.2% behind the $40.9m reported in December 2022.

Almost all revenue in January came from online wagering, with this segment generating $35.4m in revenue. Retail sportsbooks were responsible for just $106,592 in revenue.

Read the full story on iGB North America

March 3, 2023

Rhode Island sets new sports betting handle record in January

Sports Betting News Bookiecity

Players in Rhode Island wagered a record $62.3m on sports in January, although revenue in the US state remained level year-on-year.

Consumer spending was 6.3% ahead of $58.6m in January of last year and 5.2% more than in December 2022, while the total surpassed the existing monthly record of $61.2m set in November 2022 by 1.8%.

Online betting accounted for $37.5m of all wagers placed during January, while retail spend was $24.8m, split $17.2m at Twin River and $7.7m the Tiverton Casino.

Read the full story on iGB North America

February 27, 2023

DC sports betting market continues to decline in January

Sports Betting News Bookiecity

Sports betting handle and revenue in Washington DC fell month-on-month again in January, while the market also experienced a year-on-year decline.

Player spending in January amounted to $18.5m, down 0.5% from $18.6m last year and also 1.1% lower than $18.7m in December 2022.

Gross gaming revenue for the month reached $1.5m, a 25.0% drop from $2.0m in January of 2022 and 37.5% behind $2.4m in December.

Read the full story on iGB North America

February 21, 2023

Mississippi sports betting revenue and handle decline in January

Sports Betting News Bookiecity

Sports wagering revenue and handle in Mississippi both declined year-on-year in January, amid ongoing efforts to legalise online betting in the state.

Player spending for the month amounted to $57.2m, down 14.0% from $66.5m in the same month last year and also 23.1% behind the $74.4m wagered in December 2022.

Turning to revenue, this reached $5.1m during January, representing a 21.5% decline from $6.5m in the corresponding month in 2022 and a 54.9% drop from $11.3m in the final month of last year.

Read the full story on iGB North America.

February 20, 2023

Kambi scores retail sportsbook deal with New York’s del Lago Resort & Casino

Sports Betting News Bookiecity

Sports betting supplier Kambi Group has entered into a retail sportsbook partnership with del Lago Resort & Casino in Waterloo, New York.

Under the deal, Kambi will provide the Churchill Downs Incorporated-operated casino with an on-property sportsbook solution.

The new sportsbook will complement the property’s casino gaming floor, which features more than 1,000 square feet of LED video screens.

Read the full story on iGB North America.

February 10, 2023

Betfred secures online sports betting licence in Maryland

Sports Betting News Bookiecity

Betfred has become the eighth operator to secure a licence to offer online sports betting in Maryland, while the group also opened a new retail sportsbook in Nevada.

Issued by the Maryland Lottery and Gaming Control Commission, the licence will enable Betfred to roll out its Betfred Sportsbook mobile wagering app in the state.

Maryland opened its regulated online betting market in November last year, with Barstool, BetRivers, BetMGM, Caesars, DraftKings, FanDuel and PointsBet among the other operators licensed in the state.

Read the full story on iGB North America

February 9, 2023

Playtech enters US retail sports betting market through Gold Rush Gaming partnership

Sports Betting News Bookiecity

Playtech has announced a new retail sports betting partnership with Gold Rush Gaming, which will allow Playtech to officially enter the US retail sports betting market.

As part of the deal, Playtech will supply its sports betting kiosk software and management systems to Gold Rush, which will be distributed across Ohio.

The rollout will initially cover 50 locations, and will be activated ahead of the Super Bowl LVII on 12 February.

Read the full story on iGB North America.

February 8, 2023

DC sports betting revenue and handle down in December

Sports Betting News Bookiecity

Sports betting revenue and handle in Washington DC both declined month-on-month during December, though revenue increased year-on-year.

Player spending for the month amounted to $18.7m, which was 12.6% lower than $21.4m in November and also 3.1% behind the $19.3m wagered in December 2021.

In terms of gross gaming revenue, this reached $2.4m in December, a 7.7% drop from $2.6m in November, but 71.4% up from $1.4m in December of the previous year.

Read the full story on iGB North America.

February 3, 2023

Playtech extends exclusive SSBT deal with Paddy Power

Sports Betting News Bookiecity

Playtech has announced the extension of its exclusive partnership with major retail and online brand Paddy Power.

The new multi-year deal builds on a longstanding relationship between the supplier and the Flutter Entertainment-owned operator, dating back more than 10 years.

As part of the new deal, Playtech will remain the exclusive provider of Self Service Betting Terminals (SSBTs) for Paddy Power in both the UK and Ireland.

Playtech said the new deal comes amid a period of growing popularity for sports betting terminals in retail shops, which was in evidence during the recent Fifa World Cup. It has recently rolled out new features such as the improved Betbuilder and Player Props.

Shimon Akad, chief operating officer at Playtech, said: “Paddy Power has grown into a leading force since its inception over 30 years ago, and we look forward to building on our successful partnership with them. Our software performance has made this ongoing collaboration possible, and we are set on pro..

Tag Archives: Retail sports betting