Sports betting Archives - Page 17 of 60

Iowa sports betting revenue rises despite handle drop in January

Sports betting revenue in Iowa increased 15.4% year-on-year in January despite consumers in the state spending less on wagering.

Revenue for the month amounted to $16.5m, an increase from $14.3m in January last year but 19.1% behind $20.4m in December 2022.

Of this total, $15.3m was generated through online sports betting, while the remaining $1.3m in revenue came from retail wagering.

Read the full story on iGB North America.

February 14, 2023

BetParx launches in Ohio through Memorial Tournament partnership

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BetParx has launched mobile sports betting in Ohio through a partnership with PGA Tour golf tournament, the Memorial Tournament.

Through the deal, patrons in Ohio can wager on BetParx’s sportsbook app.

In addition, for the second consecutive year, BetParx will be the exclusive mobile sports betting sponsor of the Memorial Tournament in Dublin, Ohio.

Read the full story on iGB North America.

February 14, 2023

Indiana sports betting handle down year-on-year in January

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Players in Indiana wagered $427.2m betting on sports in January, down 14.9% year-on-year, though the state still reported an increase in revenue.

Consumer spending was down from $500.1m in January last year but 1.0% up from $431.5m in December 2022.

Basketball proved the most popular sport among players with $155.6m in bets during the month, while football drew $90.6m in wagers. Parlay bets reached $124.7m and other sports $55.6m.

Read the full story on iGB North America.

February 13, 2023

GeoComply records 100 million online betting transactions for Super Bowl LVII

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GeoComply has revealed it conducted a record 100 million geolocation checks for online sports betting during Super Bowl LVII weekend.

The game took place yesterday (February 12), with the Kansas City Chiefs fighting back to beat the Philadelphia Eagles 38-35 and become NFL champion for the second time in four years.

This year also marked the first time the Super Bowl took place in a state with legal online sports betting, with the Chiefs and Eagles having faced off at the State Farm Stadium in Glendale, Arizona.

Read the full story on iGB North America.

February 13, 2023

KeyStar Corp submits sports betting licence in Tennessee

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KeyStar Corp has officially submitted its sports wagering licence application for ZenSports in Tennessee.

KeyStar officially acquired ZenSports in October 2022, along with esports tournament specialist Ultimate Gamer.

ZenSports consists of both a traditional sportsbook and a peer-to-peer sports betting marketplace.

Read the full story on iGB North America.

February 10, 2023

888 approved for Hannahville tribe online casino partnership in Michigan

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The Michigan Gaming Control Board (MGCB) has approved 888’s VHL Michigan subsidiary as the new platform provider for the Hannahville Indian Community’s internet casino website.

Under the arrangement, VHL Michigan will support the tribe, which operates the Island Resort and Casino, with its igaming site that runs under the Sports Illustrated brand.

The deal came about after Churchill Downs Incorporated’s TwinSpires B2B sports betting business, the original platform provider for both online casino gaming and internet sports betting to the Hannahville tribe, withdrew from the agreement last July.

Read the full story on iGB North America

February 10, 2023

Betfred secures online sports betting licence in Maryland

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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

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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 9, 2023

Sisal obtains Morocco’s sports betting concession

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Flutter Entertainment-owned Sisal has been awarded Morocco’s sports betting concession licence for an eight-year term.

The Italy-facing online operator, which launched Morocco’s lotteries licence in 2019, obtained the betting concession from La Marocaine des Jeux et des Sports (MDJS). The deal, which sees Sisal replace Intralot from January 2024, also includes the possibility of a two-year extension.

The offering, which includes fixed-odds and mutual betting, will be exclusively distributed by Sisal Jeux Maroc through a network of retail outlets and online. Sisal Jeux Maroc is a joint venture between Sisal and Paddy Power, another Flutter division.

The award comes a year after the beginning of the tender process, and six months after Sisal was acquired by Flutter in a €1.91bn deal.

Marco Caccavale, chief executive of Sisal Jeux Maroc and international managing director of Sisal, said: “We are extremely pleased to announce the consolidation of our offering in Morocco. The decision b..

February 8, 2023

DC sports betting revenue and handle down in December

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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.

Tag Archives: Sports betting