Betting News – Page 104

October 13, 2023

Indiana sports betting handle surpasses $400m in September

Players in Indiana spent more than $400.0m betting on sports during September, while operators were able to generate in excess of $41.0m in revenue.

Sports betting handle in Indiana reached $404.1m in September. This was 5.7% more than $382.5m last year and also 69.7% ahead of $238.1m in August this year.

The start of the new NFL season meant football was the most popular sport to wager on in September. Indiana bettors wagered a total of $155.4m in football during the month.

Baseball also proved popular with players, drawing $50.3m in bets, and basketball $10.4m. A further $124.8m was spent on parlay bets and $62.9m other sports.

As for taxable adjusted gross revenue, this amounted to $41.1m. This was 19.7% lower than $51.2m in September 2022 but 74.9% higher than $23.5m in August of this year.

Ameristar Casino and DraftKings edge ahead with sports betting in Indiana

Looking at individual operators, Ameristar Casino and DraftKings moved to the front of the state’s market in Septe..

October 13, 2023

Ontario igaming revenue more than doubles in Q2

Online gambling revenue in Ontario more than doubled year-on-year in Q2 to CA$540m (£324m/€375m/US$395m), while player spending in the Canadian province rocketed 132%.

Total igaming revenue in Ontario for the three months to 30 September was up 105% from $267m in Q2 of last year – the second full quarter since the regulated market opened in April 2022.

Of this total, $407m came from online casino activity in Ontario. A further $118m in revenue was generated from internet sports betting and $16m online poker. Revenue covers all cash wagers, rake fees, tournament fees and other fees, minus player winnings.

As for player spending, total igaming wagers in Q2 reached $14.20bn. This was significantly more than the $6.04bn spent during Q2 of last year.

Consumers spent $11.90bn on internet casino games, $1.90bn on sports betting and $397m online poker. Players spending does not include promotional wagers such as bonuses and free bets.

Ontario: an expanding igaming market

The figures, pub..

October 12, 2023

Elys launches new SportBet.com brand in US

Elys Game Technology has announced the launch of its new SportBet online and mobile sports betting brand in the US.

Focusing on the US market, the SportBet.com website will allow players to wager on a range of sports. The launch marks the first solo sports wagering launch by Elys in the US following a number of partnership ventures.

A roll-out of an online sportsbook was mooted earlier this year, with a launch planned in Q3.

It is not clear in which states and markets SportBet.com will be accessible. However Elys says, subject to regulatory approvals, it expects to expand its online sports betting footprint into multiple US jurisdictions. This will be done under direct licensing and through market access partnerships during Q4.

Elys expands US sports betting presence

Elys is already active with sports betting via partnerships in New Jersey and Washington DC. It has been powering the sportsbook at Ocean Casino in Atlantic City, New Jersey since March last year.

The business also j..

October 12, 2023

UK’s Grand National cuts runners for 2024 race

The Jockey Club has announced that the maximum number of runners for the Grand National, the UK’s showpiece horseracing event, will be reduced in 2024 due to concerns over safety.

The current limit on horses running in the Grand National is 40. This has been in place since 1984. However, it is being cut to 34 in line with new measures to protect the welfare of racehorses and jockeys.

Changes will be implemented from the 2024 Grand National, which takes place on 13 April at Aintree Racecourse. One horse died during the 2023 race while the start was delayed due to protests from animal rights activists.

“The Grand National is the most iconic race in the world and one which transcends our sport,” Jockey Club chief executive Nevin Truesdale said. “For many it is also their introduction to horseracing. I believe that a competitive, fair and safe Grand National is one of the best ways of ensuring the sport continues to thrive for generations to come and remains an important part of Britain..

October 12, 2023

Best Bookies’ Price halts Australian service after ACMA warning

Best Bookies’ Price has ceased offering a betting odds comparison service in Australia after being issued a formal warning by the Australian Communications and Media Authority (ACMA) over unlicensed activities.

ACMA reprimanded Best Bookies after ruling its comparison service breached national gambling laws in Australia. Best Bookies allowed users to compare odds across licensed operators and place bets with those operators on their behalf.

This, ACMA says, met the definition of a “gambling service” in the Interactive Gambling Act 2001 (IGA).

Best Bookies has certain authorisations from the relevant state-based regulator. However, it does not hold the required wagering licence to provide interactive gambling services under the IGA.

ACMA ruled the Best Bookies service was offered in contravention of the IGA. As such, it was deemed an unlicensed regulated interactive gambling offering, leading to the warning.

“We strongly encourage people who wish to bet online to do so with a lice..

October 11, 2023

Sportradar and Genius slapped with patent suit

Panda Interactive has filed two separate lawsuits in the Texas Eastern District Court accusing Genius Sports and Sportradar of patent infringement.

The suits claim Sportradar and Genius, which are both Panda competitors, implemented the company’s video streaming technology patents without authorisation.

Panda said it had developed several patents in the live data and content streaming verticals. These include technology that allows viewers to see live odds and place a bet while watching sports.

The company say competitors have “widely copied” its patents in the streaming market generally, and even more so in the online sports betting market.

“We have made substantial investments in the development of our technology and cannot tolerate having our patented technology used unfairly by others and against us,” said Panda chairman Donald Schupak.

“No one wants to see their own arsenal used against them in battle.”

Sportradar and Genius accused of patent infringement

The filings also..

October 11, 2023

Episode 22: A home run for sports betting in Missouri?

On the 22nd episode of the World Series of Politics, Brendan Bussmann and Robin Harrison are joined by Mike Whittle, senior vice-president and general counsel of the St Louis Cardinals, to discuss the development of sports betting in Missouri.

Multiple attempts to legalise sports betting in Missouri have fallen flat over the years. Two of the most recent attempts involved Senate Bill 30 and House Bill 556, which progressed somewhat before being struck down or fizzling out.

But change could be on the horizon. The St Louis Cardinals is part of a coalition of professional sports teams in Missouri that filed new petitions last month to bring sports betting to the Show-Me state.

“We’ve been trying and using our best efforts to move this thing along in the legislative process for some time now,” says Whittle. “It was pretty much on the league level initially to push it in the early years.

The St Louis Cardinals, along with other professional sports teams, filed petitions in Missouri last..

October 11, 2023

NorthStar Gaming to expand reach across Canada

Ontario-based operator NorthStar Gaming is to expand the reach of its online casino and sportsbook across Canada.

Since launching in May 2022, the NorthStar Gaming offering has only been accessible in Ontario. However, this will now be available across all provinces and territories in Canada with the launch of NorthStarBets.com.

The launch is possible following the acquisition of Slapshot Media earlier this year. Slapshot Media delivers marketing and operational management services to sports betting and igaming operators.

As such, NorthStarBets.com is available through a wholly owned subsidiary of NorthStar acquired through the Slapshot Media deal.

NorthStar customers in Ontario can continue to access the platform through the NorthStarBets.ca website.

“We are thrilled to take this ground-breaking step and become a truly national brand,” NorthStar chair and CEO Michael Moskowitz said. “As a Canadian company, we are confident we understand local consumers better than the large inter..

October 10, 2023

Sportradar secures deal to power Taiwan Sports Lottery

Sportradar has secured a long-term contract to serve as the official technology and services solution provider to the Taiwan Sports Lottery.

The agreement runs from 2024 to 2033, with Sportradar being appointed as part of a wider consortium in Taiwan.

The consortium secured the third Sports Lottery Licence from the Taiwan government’s Sports Administration in December 2022. It also includes ADATA Technology as licence holder, Taiwan Sports Lottery Company as the operator and China Trust Bank.

Sportradar will roll out its Orako end-to-end sportsbook and player account management solution across over 2,600 retail outlets in Taiwan. Orako will also be implemented across online and mobile channels as part of an omnichannel approach.

Orako also includes managed trading services, pre-match and live data and odds, audio-visual streaming and marketing services.

The wider agreement covers the delivery of required equipment across all retail stores. This includes customised lottery termina..