Betting News – Page 100

October 30, 2023

Detroit casino revenue slips to $101.6m in September

The three commercial casinos in Detroit, Michigan posted $101.6m in revenue in September, down on the same month last year and lower than August’s total.

Monthly aggregate revenue in Detroit was 1.7% lower than $103.4m September of 2022. It was also 3.2% behind $104.9m in August of this year.

Of this total, some $100.0m came from table games and slots, a 0.8% decline from last year and down 4.4% from August.

Retail qualified adjusted gross receipts (QAGR) in September amounted to $1.6m. This was 39.4% less than the previous year but 396.6% ahead of just $322,186 in August this year. Betting handle for the month amounted to $18.1m.

MGM leads in Detroit with 44% market share

Looking at individual casino performance, MGM remains the market leader in Detroit by some distance. MGM had a market share of 44% in September, with $44.7m in table games and slots revenue and $43,528 in sports betting QAGR.

MotorCity placed second with a market share of 31%. The casino posted $31.0m in table ..

October 30, 2023

Asian Games boosts Chinese lottery figures in September

The Asian Games in Hangzhou and new instant win games triggered a lottery revenue surge in China in September.

China’s state lottery saw a 58.3% rise in total lottery ticket sales to CNY52.8bn ($7.2bn/€6.8bn/£5.9bn) in September, according to figures released by the ministry of finance.

The most notable rise was in guess lottery sales – effectively sports betting – which grew by 70.1% year-on-year to CNY21.9bn. The ministry said the increase in major events such as the multi-sport Asian Games, which began during the final week of the month, was behind the surge.

The ministry of finance said the launch of new instant lottery tickets and the expansion of new channels also accounted for growth during the month. Lotto digital lottery sales were up 15.0% to CNY14.9bn, while instant lottery sales grew by 152% to CNY12.5bn. Keno lottery sales were up 36.9% to CNY34.9bn.

In September, the sales volume of Lotto digital, guessing, instant and Keno lottery tickets accounted for 28.2%, 41.5%,..

October 30, 2023

PGA Tour suspends US golfers over betting rule breaches

Golf’s PGA Tour has suspended players Vince India and Jake Staiano for breaching its rules on betting on the sport.

India and Staiano were both found to have placed bets on PGA Tour tournaments. The PGA Tour Integrity Programme states players cannot wager on any professional golf competition or event.

The PGA Tour confirmed neither player bet on competitions in which they were competing. It is not clear what events they bet on, nor the type of wagers that were placed.

India will now serve a six-month suspension from PGA Tour-sanctioned events. This is being backdated to 18 September and will run through to 17 March next year.

Staiano’s three-month suspension from PGA Tour-sanctioned competitions runs from 11 September until 10 December.

The PGA Tour says it has no further comment on the suspensions at this time.

India is a 34-year-old player from the US who turned professional back in 2011. His current Official World Golf Ranking (OWGR) is 936.

Staiano, also of the US, is aged ..

October 27, 2023

NHL issues first sports betting ban to Ottawa Senators star Pinto

The National Hockey League (NHL) has issued a 41-match ban to Ottawa Senators player Shane Pinto for violating its rules on sports betting.

Pinto becomes the first NHL player to be banned for betting on sports since the repeal of PASPA in mid-2018. New York-born Pinto has played for the Senators since joining the team from college in 2021.

The NHL did not disclose full details of the case, except that it linked to “activities relating to sports wagering”. League policy states players are not allowed to wager on NHL games but can bet on activities outside the league.

However, the NHL said there is no evidence Pinto bet on any NHL game. As such, it is unclear as to what Pinto actually wagered on and why he has been banned.

“The NHL considers this matter closed,” the league says. “Absent the emergence of new information, we will have no further comment.

Pinto also released a statement on the matter, issuing an apology for his actions.

“I want to apologise to the NHL, the Ottawa Se..

October 26, 2023

Italy’s Sandro Tonali handed 10-month ban

Italian international footballer Sandro Tonali has been banned for at least 10 months after being found to have broken betting rules.

The Newcastle United player was handed an 18-month disqualification according to a statement issued by the Italian Football Federation (FIGC). The ban is initially only imposed in Italy, but will almost certainly be extended globally by Fifa, possibly before this weekend. The ban will be reduced to 10 months should Tonali, who claims to be a gambling addict, complete an eight-month rehabilitation plan.

Under an agreement reached with the Federal Prosecutor’s Office, Tonali has also been handed a €20,000 ($21,000/£17,500) fine.

Tonali, who joined Newcastle from AC Milan for £55m in July, was found to have breached article 24 of the CGS, the FIGC’s Code of Sports Justice. This article forbids professional footballers from placing bets on events organised by FIGC, UEFA and Fifa.

Tonali is one of three Italian internationals who have been under investiga..

October 26, 2023

New Hampshire sports betting handle dips year-on-year in September

Consumer spending on sports wagering in New Hampshire declined 14.6% year-on-year in September, while revenue in the state also fell.

Handle in New Hampshire hit $66.8m in September. This was down from $78.2m in the same month last year but 72.2% higher than $38.8m in August 2023.

Online betting accounted for $59.2m of all sports betting spend during the month. Retail’s share amounted to $7.7m. DraftKings is the only operator that offers online sports betting in New Hampshire having secured exclusive rights in November 2019.

September revenue in New Hampshire tops $6.2m

Turning to revenue, this followed a similar pattern as handle. Gross gaming revenue reached $6.2m in September, down 16.2% from $7.4m in September 2023 but 87.9% up from $3.3m in August this year.

Mobile sports betting generated $5.6m in revenue, while retail wagering drew $609,874.

New Hampshire collected $2.7m in tax from sports betting in September. Some $2.4m came from online betting and $274,060 from retail a..

October 26, 2023

Louisiana sportsbooks take record $43.1m in revenue during September

Sports betting revenue in Louisiana reached an all-time high of $43.1m in September, while the state fell just short of its monthly handle record.

Combined online and retail gross revenue was 37.7% ahead of $31.3m in September of last year. The figure also comfortably surpassed the previous Louisiana record of $37.2m set in December 2022.

Of this total, $36.0m came from online betting and $5.7m from retail wagering in Louisiana.

In terms of adjusted revenue, which discounted promotional betting, revenue was $41.8m. This was 34.0% ahead of September 2022.

Louisiana September handle narrowly misses record

Turning to consumer spending, total handle for September stood at $280.1m. This was 37.4% ahead of $203.8m in 2022 and only just behind the record $282.3m wagered in January this year.

Players bet $248.8m on sports online and a further $31.4m at retail sportsbooks across the state of Louisiana.

Breaking down performance by sport, football was the most lucrative for operators, dra..

October 26, 2023

US Supreme Court denies West Flagler’s motion to stay

The US Supreme Court has denied West Flagler Associates' motion for a stay, giving hope to Florida's Seminole tribe for a sports betting relaunch in the Sunshine State.

Chief Justice John Roberts denied the motion to stay yesterday (25 October), which was described by the official Supreme Court blog as an “emergency application for stay”.

Brett Kavanaugh, Associate Justice of the Supreme Court, said in a statement that he agreed with the court’s decision.

“I agree that the stay application should be denied in light of the DC Circuit’s pronouncement that the compact between Florida and the Seminole tribe authorises the tribe to conduct only on-reservation gaming operations and not off-reservation gaming operations,” he said.

“If the compact authorised the tribe to conduct off-reservation gaming operations, either directly or by deeming off-reservation gaming operations to somehow be on-reservation, then the compact would likely violate the Indian Gaming Regulatory Act, as..

October 25, 2023

BetMGM seals Sportradar NBA tracking data deal

BetMGM will have access to products and services supported by NBA optical tracking data under an expanded partnership with Sportradar.

BetMGM will use the products to expand its in-play betting markets and its prop and parlay offerings.

Sportradar’s partnership with the NBA gives it access to player tracking data from the start of the 2023-24 season. The new NBA campaign got underway yesterday (24 October). Sportradar also exclusively provides NBA data worldwide and distributes live coverage of the league to sports betting operators globally .

Sportradar chief commercial officer Eduard Blonk said the BetMGM deal will support “the return-on-investment of our partnership with the NBA”.

“We’re pleased our value-add products and services will unlock the potential of NBA optical tracking data for BetMGM,” he said.

The NBA’s agreement with Sportradar was initially announced in 2021. As part of the deal, the league secured an equity stake in the data provider.

Jarrod Schwarz, chief prod..