The Latest in sports betting
Industry
February 27, 2023
Washington DC Sportsbooks Declined in January
In general, the current trend shows that sports betting continues to be the pastime of choice of millions of Americans. The sports betting industry has exploded with new states legalizing wagering on sports each year. Despite the generally favorable state of affairs, the growth trend is by no means universal or without its exception. In […]
Business
February 27, 2023
Betting GGR in January Sets a New Record in New Hampshire
The New Hampshire Lottery, the regulator in charge of sports betting in the state, revealed that the combined betting handle by retail and mobile sports betting hit $97.2 million in January. Although this result didn’t mark a record, it was still the highest wagering handle reported for the last six months. More importantly, the $97.2 […]
Industry
February 24, 2023
Massachusetts Regulator To Overrule the Ban on Sportsbook Affiliates
The Bay State’s current gambling laws prohibit revenue share and cost per acquisition (CPA) agreements, effectively curtailing all affiliate programs. However, the Commission appears to recognize the value of such arrangements and has agreed to hold talks with operators before putting the matter to vote. Sportsbooks like Caesars are known for their extensive affiliate programs, […]
Sports
February 24, 2023
PointsBet Decides against Launching Dedicated App in Massachusetts
The company is reportedly not ready to launch by the previously set date of March 10 which means that it will not be launching at all. MGC executive director Karen Wells said that the company is effectively withdrawing from Massachusetts because of missing that date. PointsBet Bows Out of Massachusetts Online Betting Race This means […]
Legal
February 23, 2023
Federal Court Hinders Potential Sports Betting Expansion in Washington
The Seattle Times reported that the recent ruling by the federal court has dealt a blow to those who were hoping to expand sports gambling throughout Washington state. The Court Cited Sovereign Immunity as One of the Main Reasons for Its Decision Maverick Gaming, which owns and operates a number of card rooms throughout Washington, […]
Legal
February 22, 2023
Proposal in Connecticut Calls for Tough Gambling Ad Regulation
The state is one of the few that currently offers not only online gambling but retail, as well as online sports betting services. It was back in October 2021 when Connecticut launched its regulated online gambling and sports betting market. Not unexpectedly, the activity is restricted to people under the age of 21, which is […]
Industry
February 22, 2023
US Integrity to Protect Bellator MMA from Fraud
US Integrity, a company working to ensure sports betting integrity in every game and every sport, has penned a deal with Bellator MMA. The integrity firm agreed to provide the American mixed martial arts promotion with its services. As agreed by the two parties, US Integrity will protect Bellator MMA from all kinds of fraud, […]
Legal
February 22, 2023
Betr License at Risk after New Breaches Were Identified
The Australian sports betting operator betr landed in hot water after two new regulation breaches were identified. Both violations were described as “serious,” meaning that betr’s license might be on the line. Betr Is in Trouble for Breaching the Code Despite being a fairly new operator, betr is already under scrutiny for having breached the […]
Sports
February 22, 2023
New Football Betting Duty May Impact HKJC’s Operations
The announcement comes after the Hong Kong Special Administrative Region Government announced a proposed 2023-24 Budget. Within that proposal, a Special Football Betting Duty (SFBD) is established. The duty, which is effectively a charge on all bets for football, is expected to deliver HK$12 billion ($1.53 billion) in proceeds over the next five years. A […]
Industry
February 21, 2023
Charities Unamused by Paddy Power‘s Recent Ad
About a week ago, Paddy Power released a new advert for Tottenham Hotspur. The ad is called The Spurs Fan Centre and makes fun of the team’s suboptimal performance and lack of notable achievements. Miserable Time to Be a Spurs Fan In its ad, Paddy Power showcases an employee walking the viewers around a fictional […]