The Latest in sports betting
Sports
October 3, 2022
Football Index Players Have 40 Days to Reclaim their Money
The Football Index, a sports betting platform that launched in 2015, became notorious for its collapse. Half a decade after its launch, the platform had its license revoked, sparking concerns about players’ money. Luckily, it seems like players will be able to get their funds back. The Football Index Lost Its License Two Years Ago […]
Legal
October 3, 2022
Spelinspektionen Clarifies Rules for Events with Minors
Sweden’s gambling authority Spelinspektionen has clarified the matter of betting on sports events that engage underage players. The clarifications have come as a result of a number of appeals piling up from operators that were fined and warned for accepting bets on matches played by minors. Bet365, ComeOn, and PokerStars Denied Their Appeals In July, […]
Business
October 3, 2022
FL Entertainment Reports Strong H1 2022 Results
FL Entertainment, the freshly created special purpose acquisition company (SPAC), released its financial results covering the first half of 2022. FL Entertainment Reports Increase in Revenue and Adjusted EBITDA The company said last week, that its revenue for the first six months ended June 30, 2022, hit €1.80 billion ($1.77 billion). When compared to the €1.51 […]
Sports
September 30, 2022
Rhode Island Betting Revenue Out of the Doldrums with $3M in August
August was a strong month for sportsbooks operating in Rhode Island, judging by figures released by the gambling regulator in the state. Sports Betting Revenue Hits $3M in August The Rhode Island Lottery, the gambling regulator in the state, has announced the financial results for August reported by licensed sportsbook operators in the state. Last month, […]
Sports
September 29, 2022
Sportradar Partners with the Caribbean Premier League
Sportradar, a multinational sports data specialist, has unveiled a new partnership with the Caribbean Premier League. The deal will allow the data company to collect and deliver sports data from the league and power various betting products and services. Sportradar Reiterates Commitment to Pro Cricket Sportradar was chosen as an official data partner, official betting […]
Sports
September 28, 2022
The NBA Embraces Sports Betting with New App
The NBA has announced the launch of its newly updated global NBA app. In an official press release, the league unveiled many substantial new features with an increased focus on sports betting content. The updated NBA app is now free to download internationally and features personalized content tailored to the preferences of individual fans. Fans […]
Business
September 28, 2022
Bremen Hands Out Permits but Keeps 14 Betting Locations Shut
Some 14 sports betting sites in Bremen, Germany will keep their doors shut, a recent report reveals. Regulators Checked Thousands of Documents Submitted by Betting Shops The Senator for the Interior in Bremen, Ulrich Mäurer, unveiled Monday that 14 sports betting locations will remain closed. The recent announcement follows an effort initiated in July this year. Back […]
Legal
September 27, 2022
Lithuanian Authority Fines TOPsport UAB for Missing CCTV
The Gambling Supervisory Authority in Lithuania has issued a €15,000 ($14,437) fine to TOPsport UAB for breaching Part 3 of the Gambling Law. According to the regulator’s findings, the operator failed to correctly install and use the necessary digital video recording systems at two retail sports betting venues in Klaipeda. The decision is not final […]
Business
September 26, 2022
Paysafe Taps into Online Sports Betting Market in Kansas
The leading specialized payments platform, Paysafe, announced its entry into the regulated sports betting market in Kansas. Paysafe Continues US Expansion, Enters Kansas On Monday, the company revealed that it launched its leading online payment services for sportsbooks in the new market. The new launch sees Paysafe extend its long-term payment deals with PointsBet, DraftKings and Caesars, all of […]
Industry
September 23, 2022
Finance Expert Talks Gambling Income amid Circa’s NFL Pool
Ryan Ermey, a senior reporter for CNBC’s Make It Money, is one of the many people who enjoy placing a wager or two in their free time. As statistics have demonstrated, sports betting is the preferred pastime of more and more people in the United States. However, some people are still not knowledgeable of the […]