Sports betting Archives - Page 33 of 60

Flutter Entertainment-owned FanDuel Group has announced a series of new responsible gambling initiatives to coincide with the American Gaming Association’s (AGA) Responsible Gaming Education Month.

The group hosted its first, business-wide “Play Well Day” where workers were invited to an employee-only event, promoting the role of staff in creating a culture that embraces safer play.

During the Play Well Day, FanDuel announced the appointment of professional boxer, mixed martial artist and wrestler Amanda Serrano as a responsible gaming ambassador.

Read the full story on iGB North America.

September 20, 2022

FDJ opens talks over ZEturf Group acquisition

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French national lottery operator Française des Jeux (FDJ) has entered into exclusive negotiations over the acquisition of online horse racing and sports betting brand ZEturf Group.

Details of the talks or financial terms of the potential deal were not disclosed, but FDJ did state that the purchase would form part of wider plans to expand its presence in France’s online gambling market.

Founded in 2001, ZEturf employs approximately 100 staff and processed almost €800.0m (£701.6m/$802.5m) in wagers, including more than €100.0m in pool bets, in 2021.

According to FDJ, online horse racing betting accounts for more than 50% of ZEturf bets. This makes the business France’s second largest operator in this segment with a market share of around 20%.

In addition to its activities in France, ZEturf operates in the Netherlands, Belgium and Spain.

Should the acquisition proceed to the next stage, the deal would be subject to approval by competition and regulatory authorities

The talks come a..

September 16, 2022

Louisiana halts five-month consecutive online sports betting handle decline in August

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Consumers in Louisiana spent $112.1m (£98.3m/€112.4m) wagering on sports online during August, halting a five-month consecutive decline in handle that began in March.

Online wagers were 8.5% higher than $103.3m in July, but the August total was the second lowest full monthly amount since the state opened its regulated internet betting market in January of this year.

Revenue from online sports wagering in August reached $7.3m, down 62.0% from $19.2m in July and also the second lowest full monthly total on record.

Turning to retail and players spent $16.2m, which was 6.7% higher than $15.2m in July and the first month-on-month growth since May.

Retail revenue reached $2.2m, which was an increase of 37.5% from $1.6m in July and the highest monthly total since $2.7m was generated in May.

Looking at the market as a whole, consumers in Louisiana wagered $128.3m on sports in August, up 8.3% month-on-month, though revenue dipped 54.3% from $20.8m to $9.5m.

The Louisiana Gaming control bo..

September 16, 2022

Delaware breaks igaming record again in August

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Delaware set a new igaming revenue record for the second consecutive month in August, while handle for the state’s sports betting market also increased month-on-month.

Revenue from igaming reached $1.30m (£1/14m/€1.30m) in August, up 37.2% from $945,512 in the same month last year and marginally higher than the previous record of $1.25m that was set in July this this year.

Players spent a total of $36.8m playing igaming during the month, up 69.6% year-on-year, but 6.6% down from $39.4m in July 2022.

Online video lottery games accounted for $1.0m of total igaming revenue, with consumers having spent $21.8m. Internet table games generated $221,330 in revenue off $15.0m in bets, while poker rake and fee revenue reached $37,169.

Delaware Park remained the leading operator in igaming sector with $558,272 in revenue off $15.8m in bets, ahead of Bally’s Dover on $412,044 from $12.1m, then the Harrington Raceway with $326,657 from $98.9m in wagers.

Turning to sports betting, the $354,444 ..

September 14, 2022

LiveScore Bet signs up to Dutch industry body NOGA

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Online gaming operator LiveScore Bet will join Dutch trade body the Netherlands Online Gambling Association (NOGA).

LiveScore was among the first 10 operators to receive an online gambling licence in the Netherlands, following the passage of the Remote Gambling Act, which legalised online gaming in the country. The Anzo Group-owned business is licensed to offer both sports betting and online casino to Dutch consumers.

NOGA managing director Peter-Paul de Goeij pointed to LiveScore Bet’s consumer protections in a statement: “We are pleased that LiveScore Bet, as one of the early licensees in the Netherlands, has opted to join NOGA.

“LiveScore Bet is a very reputable operator in our industry, putting a safe and secure betting experience at the heart of their operation. We look forward to working with them, and in so doing contribute positively to the policy objective of optimal consumer protection,” he said.

LiveScore Bet group director of regulatory compliance Monika Naydenova-Grue..

September 14, 2022

Amelco to launch in South Africa with new operator LulaBet

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Sports betting platform provider Amelco is set to launch in South Africa, through a partnership with new operator LulaBet.

LulaBet is set to launch in the market this month, with an aim of being “South Africa’s premium sports betting and entertainment website”.

Amelco head of business development Brandon Walker said he expects the launch of Amelco’s product to have a major impact on the South African market.

“Our launch in South Africa is going to be a true gamechanger – we have the insight on exactly what the market needs, and with our market-leading tech, we’re ready to bring the first true end-to-end tier-one platform and sportsbook to local players,” he said. “Amelco has been servicing the industry’s best for 15 years and, having prepared to enter South Africa for 12 months, we have finally found the right partner in LulaBet to bring local players the best of breed.

“Together, we genuinely believe we can transform this market and we can’t wait to get started.”

Ian Gutteridge,..

September 14, 2022

Danske Spil GGR remains steady as slots growth offsets betting decline

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Danske Spil, the Danish National Lottery, reported that gross gambling revenue (GGR) has largely remained steady year-on-year as positive and negative trends intersect.

The lottery received DKK2.35bn (£271m/$317m/€316m) total GGR in the first six months of 2022, which results in an after-tax revenue of DKK796m.

This result is largely similar to the total which the lottery achieved in the first half of 2021; with the lottery receiving DKK11m less in GGR in that period. However, after-tax revenue slightly fell by DKK4m.

The small increase in GGR can be explained by the increased popularity of lower-revenue-per-unit games such as lottery draws in tandem with a small decline in sports betting and casino. The decline in sports betting revenue can be attributed, in part, to the 2021 UEFA European Championship football tournament which was delayed a year due to the Covid-19 pandemic, with the games beginning 11 June that year. The fact that 2022’s Fifa World Cup has been delayed until the..

September 13, 2022

Operators challenge German sports betting proximity ban

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The constitutional court in the German state of Baden-Württenberg will hear a case from four operators challenging a ban on operating sports betting facilities in the same building as casinos and gaming halls.

Section 21 (2) of Germany’s First State Treaty on Gambling (GlüStV) prohibits sports betting and casino activities from taking place in the same building.

Germany’s Fourth State Treaty on Gambling came into force in July 2021.

The complaint states that administrative courts did not provide adequate protection for operators that had sports betting facilities in the same building as casino activities, when the GlüStV and, subsequently, section 21 (2) was enacted.

The complaint also cites a lack of temporary protection.

Section 42 (1) of the LGüG – Baden-Württenberg’s state-level gambling act, which was brought in in 2012 – states that gambling facilities must be at least 500 meters apart, measured from entrance door to entrance door.

The complaint will be discussed on 21 Nove..

September 13, 2022

Amazon to promote DraftKings odds during Thursday Night Football broadcasts

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Amazon has selected DraftKings as its sponsor and in-game odds partner for Thursday Night Football (TNF), a live NFL broadcast streamed on Amazon streaming service Prime Video.

The multi-year agreement will involve TNF integrating DraftKings content into the live pregame section of the show, which will include odds and a number of sports betting insights.

Content from DraftKings will be featured within all 15 TNF games played throughout the 2022 NFL season. The first game will take place on 15 September 2022.

Read the full story on iGB North America.

September 9, 2022

WNBA to integrate FanDuel odds following partnership extension

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FanDuel and the Women’s National Basketball Association (WNBA) have signed a multi-year extension of their partnership.

It comes five years after the partnership was first established, and sees FanDuel become an official sportsbook partner of the WNBA. FanDuel had already operated the WNBA’s official daily fantasy game, as its official daily fantasy partner.

During future seasons, FanDuel odds will now feature on a number of WNBA’s digital channels.

Read the full story on iGB North America.

Tag Archives: Sports betting