October 29, 2024 – Bookielink

October 29, 2024

Jontay Porter effect could be just the beginning of banning bets

Major sportsbooks have done away with certain NBA player props and the potential ramifications go far beyond that.

Jontay Porter is unlikely to ever take the court for an NBA team again.

Still, this player with a career average of 11.2 minutes per game is a central figure in one of the league’s biggest storylines of the new season.

A number of national sportsbooks such as BetMGM, Caesars, DraftKings, ESPN Bet and FanDuel won’t be posting NBA player prop unders for those on 10-day or two-way contracts. The rationale? These players have less financial security than those under contract for the season. Because of that they could be enticed to purposely tank their performances.

Call this the Jontay Porter effect.

Porter did exactly this – exiting games early due to supposed injury or illness, ensuring under bets on his props would win – a season ago as a member of the Toronto Raptors. This scheme led him to plead guilty to conspiracy to commit wire fraud. He was also banned for life f..

October 29, 2024

Plenty of support for Missouri legal wagering initiative, but fate unclear

While Caesars has backed down on its “no” on Amendment 2 contributions in Missouri, on 24 October FanDuel added another $4.6 million in support of the legal sports betting initiative.

FanDuel’s latest deposit brings the total contributions to the “Winning for Missouri Education” campaign to $40.7 million (£31.2 million/€37.6 million), according to Missouri Ethics Commission records. That total alone would make the campaign the priciest in Missouri history. Before deciding to “focus our efforts on grassroots outreach and community conversations” and pulling $1 million worth of scheduled television advertising earlier this month, Caesars had funded the “no” campaign with more than $14 million.

The two biggest newspapers in Missouri have endorsed Amendment 2. But the Kansas City Star editorial board did so “with some hesitation” on 10 October. In an editorial, the newspaper outlined concerns about addiction.

Whether or not the initiative will pass is unclear. The most recent polling..

October 29, 2024

Summer of sport fails to halt betting activity decline in Belgium

Fewer consumers in Belgium were active online and betting on this summer’s UEFA Euro 2024 national football team tournament than during the 2022 Fifa World Cup, according to new data from the country’s gambling regulator Kansspelcommissie.

Published this week, the ‘Summer of Sports 2024’ report details players’ betting activity throughout this summer. This period includes major events such as Euro 2024 and the Olympic Games in Paris, France.

Kansspelcommissie released figure for new players, with the average number of new online users during Euro 2024 at 1,031. This is lower than both the 2022 World Cup (1,487) and Euro 2020 (1,175). New online accounts fell from the 3,961 daily average at the 2022 World Cup to 3,298 this year. However, this did surpass the 3,022 daily average during Euro 2020.

Euro 2024 fails to match betting heights of World Cup 2022

Stand-out findings include a decline in the average number of online players active per day during Euro 2024. This stood at 196,95..

October 29, 2024

Tekkorp Capital eyes Africa for “rapidly-growing” investment opportunities

Global betting and gaming investor Tekkorp Capital is actively looking for investment opportunities in the African gambling space as it is a high-growth market with promising opportunities.

Gaming investment fund Tekkorp Capital believes Africa offers some of the industry’s most exciting growth opportunities and is seeking out locally led businesses to turn them into regional leaders, it said.

It also aims to shine a spotlight on the market to encourage more businesses to move into the African gaming space.

In targeting Africa, Tekkorp said it aims to support its investors across operational, technical and strategic matters and provide access to capital. This includes product solutions, media partnerships, payments and legal expertise.

Tekkorp founder and chairman Matt Davey expects to see strong growth at a significant pace in the market. “This will encourage more operators to enter the space and that’s why we believe the time is right to get ahead of the coalescing trends and cr..

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Daily Archives: October 29, 2024