Sports
November 15, 2020
Virginia to Examine 25 Applications for 12 Sports Betting Licenses
Virginia has received 25 applications during a two-week period for what is a total of 12 available sports betting licenses. The regulator will now examine each of these to determine which would contribute the most to the state’s burgeoning sports betting industry. Sports Betting in Virginia One Step Closer to Launch Virginia has seen an […]
Sports
November 14, 2020
UK Sports Betting Increase in September, Gambling Commission Says
The UKGC sees increased sports betting activity in September owing to live sports return and reports higher gross gambling yield (GGY) in the month. September’s Live Sports Betting Increases, UKGC Says The United Kingdom has seen a small spike in the country’s sports betting activity, following the return of the Premier League. According to new […]
Sports
November 13, 2020
Sportradar’s I&I Launches Intelligence and Due Diligence Services in The US
Sportradar’s I&I launched on November 12 its intelligence and due diligence services in the US, providing customers with insights and risk assessments on future investments. Intelligence For Better Investment Decisions Sportradar’s Intelligence & Investigation Services (I&I) launched on Thursday a suite of due diligence solutions for US customers. Sportradar launched I&I, which operates within the […]
Sports
November 13, 2020
Banks Cautions of Payments as US Sports Betting Expands
Many banks are still cautious with sports betting transactions in the U.S. while the sports betting market continues to expand. By now, half of the U.S. states have legalized sports betting or are currently in the process of legalizing. U.S. Banks Remain Cautious of Payments Related to Sports Betting Although sports betting continues to grow […]
Sports
November 11, 2020
PFL Partners with IBM to Enhance Real-Time Data Collection
Flagship Group Solutions, a distributor of IBM, and the Professional Fighters League (PFL) entered into a deal to allow the league to use IBM Watson technology to measure real-time performance analytics. The new deal between the league and the IBM’s business partner is recognition for mixed martial arts (MMA) as a mainstream sport. IBM Machine […]
Sports
November 11, 2020
EPL Masters, EFL Parry Talk Gambling Sponsorships with DCMS Committee
English football executives appeared in front of a DCMS Committee and discussed clubs funding and revenue opportunities, urging not to impose a ban on gambling sponsorships. DCMS Committee Discusses Financial Sustainability of English Football English football executives are speaking against the legal clouds that have gathered over the sport and gambling sector in light of […]
Sports
November 10, 2020
Golf Gambling Grows as PGA Tour Embraces Extra Revenue
With the coronavirus lockdown proving a difficult spell for sports out there, the PGA Tour has enacted changes allowing more gambling-related activities alongside improving viewership and a two-to-three-fold increase in golf wagering. Wagering on Golf Increase with PGA Tour’s Blessing Betting on the outcome of golf tournaments may used to seem a little odd or […]
Sports
November 8, 2020
Canelo Alvarez Reportedly Cuts Ties with DAZN and Golden Boy
The boxing star Canelo Alvarez became a free agent after reportedly cutting ties with DAZN and Golden Boy. Canelo Alvarez Reportedly Becomes a Free Agent The middleweight boxing champion Saul “Canelo” Alvarez reportedly cut ties with Golden Boy Promotions and DAZN. According to CBS Sports, the boxer severed his ties with both Golden Boy Promotions […]
Sports
November 7, 2020
Tabcorp Melbourne Cup Outage Riles Industry and Bettors
A technical outage on Saturday left many Tabcorp sports bettors unable to bet on the Melbourne Cup, costing $100 million in betting turnover according to Racenet. Tab’s Melbourne Cup Outage Disrupts Bettors’ Saturday Plans The Melbourne Cup Week is one of the largest and most looked-forward horse racing and betting competitions Australia has to offer. […]
Sports
November 5, 2020
EFL’s Rick Parry Urges Government Not to Fiddle with Free Market
The English Football League is facing new trouble as the government is considering cutting out gambling advertisement revenue, a move that would inflict irreversible harm on the organization says its chief, Rick Parry. Rick Parry Urges Government to Back off EFL Advertisement Deals The English Football League (EFL) and the UK government are at daggers […]