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Daily Archives: June 13, 2024

June 13, 2024

Crystal Palace and Wolves score Net88 and DEBET as shirt sponsors

Crystal Palace and Wolverhampton Wanderers have become the latest English Premier League football clubs to enter into shirt sponsorship deals with gambling operators.

Crystal Palace will feature Asian operator Net88 on the front of its shirt for the 2024-25 Premier League season. Premier League rival Wolves will be working with Southeast Asian gambling brand DEBET as sponsor for the next two seasons.

The Net88 deal, Palace said, represents a record deal for the club. Net88 now becomes a principal club partner, with its logo also set to feature on training wear, on the official club website and around the team’s Selhurst Park stadium.

“We’re pleased to announce this principal partnership ahead of the upcoming Premier League campaign as we build upon the excellent form of the men’s team at the end of last season,” Palace chief commercial officer Barry Webber said.

“Net88 is a global online gaming platform for sports and gaming fans alike and we’re looking forward to working with them..

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June 13, 2024

Indiana betting handle falls again in May despite Caitlin Clark’s arrival at Fever

Sports betting spend in Indiana fell for the second consecutive month in May to $361.6m (£282.9m/€334.7m) despite the Hoosier State being boosted by the arrival of basketball starlet Caitlin Clark.

Handle in May was 8.2% behind the $393.9m wagered in April. However, the total was up 27.6% from the $283.4m bet in Indiana during May last year.

As has been the case for some time, basketball was the most popular sport to wager on. In total, players in Indiana bet $97.2m on basketball in May. However, this was 19.8% lower than the $121.5m wagered in April – but 35.0% clear of last year’s total.

This decline was despite the arrival of Caitlin Clark, who joined WNBA team the Indiana Fever in mid-April. Clark is regarded as one of the most exciting talents in the history of women’s basketball in the US.

As for other sports, baseball bets in May topped $73.7m, with American football at $1.7m. A further $86.7m was bet on other sports while parlay bets drew $102.1m in total wagers.

Revenue i..

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June 13, 2024

DC betting handle rockets 450% in FanDuel’s first full month

FanDuel generated $4.9m (£3.8m/€4.5m) in revenue during its first full month of running as the official sports wagering platform of the Washington DC Office of Lottery and Gaming (OLG).

In its first full month of operation in Washington DC FanDuel reported it had taken $29.7m in bets during May, some 450.0% more than the $5.4m wagered in the same month last year with previous incumbent GambetDC. Players won a total of $24.9m from betting with FanDuel last month.

FanDuel officially took on its new role in DC on 15 April. This followed the Office of Lottery and Gaming (OLG) completing its transition from Intralot-run GambetDC, its long-term partner for sports betting.

The $4.9m generated by FanDuel this May eclipses the $711,282 posted by GambetDC in the same month last year. Revenue is calculated by taking player winnings off total bets placed during the month.

Incidentally, the amount generated by – and bet with – FanDuel is higher than all operators combined for any previous mont..

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