Sports betting Archives - Page 44 of 60

Rhodes reveals Gambling Commission plans to “ramp up” enforcement

Gambling Commission chief executive officer, Andrew Rhodes says the regulator will escalate penalties for failings, adopt more “prescriptive” approach to customer interaction and “ramp up” enforcement if industry continues to fail to live up to the Commission’s standards.

Rhodes made the remarks at the Westminster Media Forum Regulation Conference, where he spoke on the current state of the landscape in the industry ahead of the release of the Gambling Act review white paper. Rhodes hinted that the contents of the white paper should not necessarily be a surprise to anyone paying attention to the GC’s public comments.

“On behalf of the Gambling Commission, without waiting for what the white paper may bring, I can give you an overview on what we think needs to happen to make gambling in Great Britain as fair and safe as it can be, and what our next steps are to achieving that,” said Rhodes.

However, the regulator also said again that the regulator will not wait for the review to chan..

June 13, 2022

Tabcorp-backed body lobbies for higher online betting taxes in Australia

Sports Betting News Bookiecity

Tabscorp (TAB), Australia’s largest gambling business, has allied with anti-industry group the Alliance for Gambling Reform as well as the Australian Hotel Association to lobby for higher taxes for online betting operators.

The newly-created trade association, named the Aussie Fair Play Coalition (AFPC), will push for other states to follow Queensland’s lead in harmonising the tax paid by online and land-based operators.

The group pointed to the fact that online operators are principally foreign-owned, and therefore argue that the inequitable tax rates unfairly penalise domestic businesses. While some online operators are from Australia, the majority are not based in Australian territory.

This argument is not a novel one – Victoria introduced the first point-of-consumption tax (POCT) in 2019, in the wake of fears that foreign-owned bookies were not paying Australian taxes.

Currently, the POCT stands at 10% in New South Wales and Victoria, 15% in the Australian Capital Territory, T..

June 10, 2022

Stats Perform to launch Opta Vision

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Sports data and analytics company Stats Perform has announced its new live Opta Vision data feeds for the 2022-23 football season, which will deliver a new series of football metrics.

In combining Opta event data with new tracking data, Opta Vision will provide insights to professional teams.

From this the Stats Perform also aims to deliver new storyline opportunities for broadcasters and publishers.

“We are very excited to be introducing the next generation of Opta data to our customers,” said Nancy Hensley, chief product officer at Stats Perform.

“By synchronising event and tracking data and then utilising our AI capabilities to generate enriched insights, we will be empowering performance analysis departments at teams, as well as a broadcaster’s production team, to identify new performance trends and tell great stories of the game.”

The merged data also uses Stat Perform’s Qwinn AI intelligence to generate more data outputs and deliver a more personalised experience to users.
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June 10, 2022

BHA appoints Alison Enticknap to new strategy role

Sports Betting News Bookiecity

The British Horseracing Association (BHA) has appointed Alison Enticknap to the newly created role of director of strategy and change.

In her new position Enticknap will lead the BHA’s coordination of industry strategy, and work with colleagues across the industry.

Enticknap’s new role will be placed within the BHA’s new strategy and change department, which is currently in development.

The department will oversee cross-industry projects and project delivery, as well as building capacity.

Enticknap has held the role of interim director of communications and corporate affairs at the BHA since 2021, having first joined the company in 2018.

“I see this role as a huge opportunity for racing to work together to address our biggest challenges and to seize important opportunities, ” said Enticknap. “The prize is enormous if we can collaborate as an industry and get this right.”

“I look forward to working across racing, with its wealth of knowledge and expertise, and helping to secure t..

June 9, 2022

NatCen study claims 10% of online accounts responsible for 79% of GGY

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A new study conducted by NatCen for GambleAware claims that 79.0% of online operator revenue comes from the highest-staking 10% of accounts, with online slots showing a particularly concentrated spending pattern.

The study used records from seven online operators, which each provided data about 20,000 accounts active between July 2019 and June 2019. These seven operators together made up more than 85% of the UK betting market, though only 37.5% of the gaming market.

It then weighted the data from these accounts to be representative of the overall online gambling market.

For each customer, NatCen had access to betting data showing the exact date, time and stake of all bets placed by each customer, while for gaming, data was split into 15-minute windows.

For both online betting and gaming, the research found that revenue at these operators was highly concentrated among a relatively small share of accounts.

Overall, it found that the 10% of gamblers with the largest stakes – all stak..

June 9, 2022

Caesars launches new horse racing betting app in Florida and Ohio

Sports Betting News Bookiecity

The Caesars Sportsbook division of Caesars Entertainment and NYRA Bets, the official online wagering platform of the New York Racing Association (NYRA), have launched a new horse racing account wagering mobile app in Florida and Ohio.

Caesars Racebook will use the NYRA Bets platform to provide customers with pari-mutuel wagering on horse racing content from more than 250 tracks around the world.

The wagering menu includes Belmont Park, Saratoga Race Course, Del Mar, Santa Anita, Keenelandas, well as Caesars-operated tracks such as Harrah’s Hoosier Park, Horseshoe Indianapolis, Harrah’s Philadelphia, and Eldorado Gaming Scioto Downs.

Other features in the new app, which are also available through NYRA Bets, include options for include race replays and handicapping insights.

In addition, Caesars Racebook will be integrated into the Caesars Rewards loyalty program, offering users the chance to earn exclusive experiences.

Following initial launches in Florida and Ohio, Caesars and NY..

June 8, 2022

Scoping out the sports betting market

Sports Betting News Bookiecity

Earlier this week sports data provider Stats Perform and trading and pricing services company Sporting Solutions partnered to form the Betting Innovation Centre (BIC), a concept that aims to roll out B2B betting products to the market.

Shane Gannon, senior vice president of partnerships at Stats Perform, explains how the partnership and the BIC will develop and what opportunities lie ahead.

At its core, the BIC combines the key aspects of Stats Perform’s and Sporting Solutions’ offerings. The partnership sees Stats Perform’s AI and data facets work with Sporting Solutions ’trading and modelling services to produce a baseline that will produce scaled betting products.

“The BIC brings together the content creation, data expertise, front end product delivery capabilities, and the globally recognised Opta brand of Stats Perform with the expertise and heritage of Sporting Solutions trading and modelling,” says Gannon. “We will work in partnership to curate and create new, entertaining p..

June 7, 2022

Virginia sports betting revenue and handle up year-on-year in April

Sports Betting News Bookiecity

The Virginia Lottery reported a year-on-year increase across both sports betting revenue and handle in the state during April.

Player spending for the month amounted to $399.5m (£320.4m/€374.2m), up 65.0% from $236.4m in April of last year, but down 14.9% from $469.5m in March this year.

The Virginia Lottery said that the year-on-year rise in spending was due to an increase in the number of licensed operators active in the state, with this rising from seven in April 2021 to 12 this year.

Turning to adjusted gross gaming revenue, which is defined as total wagers minus winnings, bouses and promotions and other authorised deductions, this jumped 77.8% from $11.7m in April last year to $20.8m.

This amount also represented a 45.5% month-on-month increase from $14.3m in March this year.

Consumers won a total of $363.2 from sports betting during April, while $11.3m in bonuses and promotions were issued to players.

The state was able to generate $3.0m in tax from sports betting in April..

June 1, 2022

Caesars Racebook launches in Florida and Ohio

Sports Betting News Bookiecity

The Caesars Racebook wagering app has launched in Florida and Ohio today (1 June).

Caesars Racebook is a collaboration between the a collaboration between Caesars Sportsbook and the online betting arm of the New York Racing Association (NYRA Bets), using the NYRA Bets platform to offer pari-mutuel wagering on over 250 race tracks globally.

This includes racing from Belmont Park, Saratoga Race Course and a number of Caesars operated racecourses, such as Harrah’s Hoosier Park and Horseshoe Indianapolis.

The app also uses the Caesars Rewards loyalty program to offer bettors the chance to win exclusive experiences every time they place a wager.

Caesars and NYRA first entered into a partnership in January.

“The launch of Caesars Racebook is an important milestone as we continue to add wagering opportunities for our customers and livestreaming content for the first time,” said Dan Shapiro, senior vice president and chief development officer of Caesars Digital.

“Caesars Racebook is tr..

June 1, 2022

iGB Live! targets 4,500 visitors for 2022 edition

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Clarion Gaming is gearing up for the 2022 edition of iGB Live!, which aims to build last year’s successful return to Amsterdam.

The iGB team has unveiled a new campaign slogan for the 2022 show, with ‘Connect. Converse. Convert.’ designed to emphasise the unique aspects of the event, which runs from 5-8 July at the RAI Amsterdam.

iGB Live! brings together the B2B and affiliate communities, allowing delegates to connect and converse with suppliers, and convert these insights into growth opportunities for their businesses.

Attendees will be able to network with over 4,000 visitors – with a target of 4,500 – and 250 exhibitors during the event.

“Last year’s edition of iGB Live! raised the bar in terms of engagement with an independent satisfaction survey conducted by exhibition research specialists Explori placing it among an elite top 2% when benchmarked against other exhibitions,” said Naomi Barton, portfolio director responsible for the iGB brand at Clarion Gaming.

“For 2022, we ..

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