As the world of sports betting continues to grow and evolve, more and more people are looking to place their bets with Asian bookies. Asian bookmakers […]
Betting on horse racing can be an exciting and rewarding experience, especially when using the Betfair Exchange. Betfair is a popular platform for laying bets on […]
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.
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
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
Denmark-based affiliate Better Collective has announced a global media partnership with Goal, the online football brand, to create sports betting content.
The deal will see Better Collective running the sports betting section of Goal across all the brand’s domains, which is featured in English, Spanish and Portuguese.
Better Collective will also provide Goal with sports betting content, as well as technology and data insights.
Jesper Søgaard, Better Collective CEO and co-founder, said that the deal is the start of bigger things to come from the affiliate.
“Partnering with such a well-recognised and renowned media like Goal perfectly aligns with our media partnership strategy and our overall strategy of becoming the leading digital sports media group,” said Søgaard. “There is no doubt in my mind that we will be able to benefit from each other’s expertise.”
Goal is owned by FootballCo, which operates other sports brands including Mundial, Spox and Voetbalzone.
James Lamon, Football..
The Nevada Gaming Control board reported an 18.0% year-on-year rise in gambling revenue in the US state during January, with growth across all key markets.
Revenue for the month amounted to $1.27bn, up from $1.08bn in January 2022 but 3.1% lower than $1.31bn in December of last year.
Slots accounted for $874.5m of all revenue for the month, 15.9% up on the same month last year. Multi-denomination slots generated $459.1m in revenue, with penny slots revenue at $285.9m.
Read the full story on iGB North America
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
The establishment of a new football regulator could have wide-reaching implication for the industry's relationship with the sport, according to a new white paper.
Details on the new independent regulator were released as part of a football industry white paper, which was brought about by a call for reform in the form of a fan-led review of football governance.
The review brought up a number of key issues concerning the sport, including the controversial European Super League – a proposed competition that was criticised for being elitist and exclusionary of certain clubs.
While the football white paper does not specifically mention how the place of the gambling industry will be addressed going forward, it focuses greatly on financial sustainability for clubs and efforts to “reduce harm”.
the white paper was the result of calls for a fan-led review of football governance structures
“There exist fundamental problems of perverse incentives, poor governance, and defective industry..
The Massachusetts Gaming Commission (MGC) has announced that it will overturn the ban on affiliates that was created in the state’s regulation.
In its open meeting today (23 February), the MCG agreed to replace the existing language in its regulation, which currently bans affiliates from the market by prohibiting cost per acquisition (CPA) and revenue share agreements.
The MGC went on to confirm that they have been working on amendments to the regulations of both licensing for sports wagering vendors as well as advertising for sports wagering advertising.
These amendments are currently still a period of consultation and will be voted on during an open meeting on 23 March 2023.
Under regulation 205 CMR 256, subsection 256.01 (3) the law currently reads: “No sports wagering operator may enter into an agreement with a third party to conduct advertising, marketing, or branding on behalf of, or to the benefit of, the licensee when compensation is dependent on, or related to, the volume ..
