The Latest in sports betting
Sports
December 2, 2022
NY Senator Asks Regulator to Clamp Down on “Predatory Sportsbook Bonuses”
Chair of the Senate Committee on Alcoholism and Substance Abuse Pete Harckham has worked on a bill asking the State Gaming Commission to clamp down on “predatory sportsbook bonuses.” The newly introduced Senate Bill 9605 requires the state regulator to promulgate a series of “rules and regulations” in connection to “predatory sportsbook bonuses in mobile […]
Sports
December 2, 2022
Ontario Bans UFC Betting amid Integrity Concerns
Ontario, Canada’s most populous province, has become an attractive market for many companies in the gambling sector, especially after the launch of online gambling this year. Despite allowing customers to enjoy a varied selection of betting products, the province has now opted to ban sports betting on the Ultimate Fighting Championship (UFC) because of integrity […]
Sports
December 1, 2022
MLB Athlete Puig Withdraws Guilty Plea
Yasiel Puig Valdés, Cuban-born American professional baseball right fielder from the Major League Baseball (MLB) has withdrawn a guilty plea from earlier this year. The case has seen the athlete investigated for betting with an illegal gambling operator. Puig Participated in an Illegal Gambling Operation According to the allegations, Puig participated in an illegal gambling […]
Legal
December 1, 2022
Queensland Regulation Targets Sportsbooks’ Free Bets, Says Report
Free bets are a popular incentive offered by sportsbooks that involves a so-called cash return whenever a bettor loses a bet. Different companies offer a variety of those bets and some of the most popular involve a matching amount of “return” upon losing a bet. For example, if a bettor places $100 and loses, the […]
Industry
November 30, 2022
Paraguay’s National Sportsbook Tender Fuels Rising Controversy
Conajzar, Paraguay’s gambling authority, recently announced the result of its tender for a national sports betting franchise. Daruma Sam, the country’s only current sportsbook, came out victorious, but the result sparked harsh criticism from the other participants. Several parties accused the regulator of purposefully modifying the tender requirements to favor Daruma Sam, making the process […]
Sports
November 29, 2022
ITIA Fines US Davis Cup Coaches Fish and Bryan $10K Each
The International Tennis Integrity Agency (ITIA) announced today it has fined Mardy Fish and Bob Bryan $10,000 each for promoting a gambling operator via social media. Fines and Provisional Four-Month Bans US Davis Cup coaches Fish and Bryan were also subjected to four-month provisional bans which will be enforced in case there is a second […]
Business
November 29, 2022
Rivalry Unveils Q3 Results, Posts Record Revenue
Globally regulated sports betting, technology, and media company Rivalry has published its third-quarter results for 2022, along with the results for the nine-month period that ended on September 30. The Toronto–based company that manages an international team dispersed in over 20 countries also published the preliminary results for October, announcing it as the first profitable […]
Legal
November 25, 2022
TOPSport Once Again in Hot Water with Lithuanian Regulator
TOPSport UAB, a leading Lithuanian sportsbook, got in trouble with the country’s Gambling Supervisory Authority. The operator received a warning for violating regulations by engaging in illegal advertising, although the regulator has so far withheld from issuing a fine. The advent of the FIFA World Cup has caused several other similar incidents in the Baltic […]
Sports
November 24, 2022
NSoft Joins Sportradar to Fight against Match-Fixing
Award-winning international supplier of gaming and sports betting software NSoft has become the latest company to join Sportradar’s Integrity Exchange program, strengthening its position against match-fixing in the sports industry. Managing director of Seven Sportsbook at NSoft Robert Matijević described the new partnership as something that will empower them to “take a more active role […]
Sports
November 24, 2022
Sports.com Inks Deal with Data Sports Group
Lottery.com’s freshly formed subsidiary Sports.com has inked a new multi-year partnership with Berlin-based leading provider of sports content to brands, media companies, and digital publishers Data Sports Group. The exclusive deal will allow the subsidiary of the popular technology company with a focus on lotteries to offer sports-focused content generated by Data Sports Group. Online […]