Betting News – Page 108

September 26, 2023

Genius Sports unveils BetVision sports streaming solution

Genius Sports has announced the launch of BetVision, a new sports betting solution that allows players to place bets from within live video on sportsbook apps.

Initially available via Caesars Sportsbook and Fanatics Sportsbook, BetVision will cover NFL games in the US in its opening weeks.

Low latency live game video streams will feature integrated betting odds and betslips. These will be accompanied by in-game betting alerts and on-screen offers during breaks in play.

Operators running BetVision will stream nationally distributed and local, regionalised live NFL games each week. Additional features and functionality will be added during the 2023 NFL season.

“BetVision is leading a new era of immersive sports experiences,” Genius Sports CEO Mark Locke said. “The launch brings together our capabilities across data tracking, video streaming, live data and sports wagering to create a game-changing product for sportsbooks.

“Sports fans and bettors alike increasingly demand personalise..

September 26, 2023

ITIA hands provisional suspension to French tennis player Broville

The International Tennis Integrity Agency (ITIA) has provisionally suspended French tennis player Maxence Broville for breaching its anti-corruption rules.

Broville has not been able to compete in or attend any sanctioned tennis events since 20 June this year. However, the ITIA has only now confirmed the suspension, pending the full consideration of Tennis Anti-Corruption Programme (TACP) charges.

The ITIA says the suspension is in relation to Sections F.3.b.i.1 and F.3.b.i.4 of the TACP. Section F.3.b.i.1 references how a covered person has failed to “comply with a demand”.

Section F.3.b.i.4 sets out the breach in more detail, stating there is a likelihood the player is guilty of a “major offence”.

“In the absence of a provisional suspension, the integrity of tennis would be undermined and the harm resulting from the absence of a provisional suspension outweighs the hardship of the provisional suspension on the covered person,” the section says.

Broville appealed against the im..

September 25, 2023

BetMGM signs Hollywood star Chris Rock to support UK launch

MGM Resorts International has signed Hollywood actor Chris Rock to support the launch of its BetMGM brand in the UK market.

As an ambassador, Rock will feature in a range of marketing campaigns to promote the UK roll-out of BetMGM.

The first such campaign is now live, with Rock sharing details of various special offers to market the launch. These include bonuses and prices boosts, as well as information about exclusive content available from BetMGM.

BetMGM has also rolled out a responsible gambling advert specific to the UK market. Both campaigns are active across live sport, TV, out of home, digital, radio and social.

“We are incredibly excited to launch BetMGM in the UK and give customers something new,” BetMGM UK director Sam Behar said. “This campaign leverages the heritage of MGM Resorts’ best-in-class Las Vegas entertainment to deliver a unique proposition to the UK market.

“Alongside standout promotions and our A-list ambassador Chris Rock, this campaign clearly demonstra..

September 25, 2023

New Hampshire reveals year-on-year sports betting decline in August

Sports betting revenue and handle in New Hampshire both declined year-on-year during August, although player spending was higher month-on-month.

Handle in New Hampshire reached $38.8m in August, down 10.6% from $43.4m for the same month in 2023. However, the total was 5.2% more than the $36.9m spent on sports betting in July this year.

Some $34.8m was spent betting online with DraftKings and $4.0m at retail sportsbooks in the state. DraftKings secured exclusive rights to offer sports betting online via the New Hampshire Lottery in November 2019.

As for gross gaming revenue, this was down both year-on-year and month-on-month in the state.

For August, revenue amounted to $3.4m, a drop of 19.1% from $4.2m last year and 2.9% behind $3.5m in July. Online betting accounted for $3.1m of revenue, with retail’s share at $270,235.

It was also revealed that New Hampshire collected $1.5m in sports betting tax in August.

Year-to-date sports betting spend surpasses $75.0m in New Hampshire

Loo..

September 25, 2023

Entain online revenue fails to meet expectations in Q3

Safer gambling measures, slower growth in key markets and sporting results hindered Entain's Q3 performance, although the group remains on track to hit EBITDA guidance.

In a trading update, Entain says online net gaming revenue (NGR) has been mixed across the group in recent weeks. While it still expects to achieve growth during Q3, Entain says that, on aggregate, this will be softer than anticipated.

Third quarter online NGR growth is now expected to rise by a high single-digit percent. However, Entain also says it will likely decline by a high single digit percent on a pro forma basis.

Reasons for this, Entain says, include adverse sports results impacting sports margins during September and slower growth than expected in Australia and Italy. It also noted the impact of safer gambling measures across the group and ongoing regulatory headwinds persisting longer than expected, particularly in the UK.

However, Entain also noted drivers of growth within its online business. The..

September 21, 2023

Spanish gambling revenue up 55.1% year-on-year to €312.6m in Q2

Gross gambling revenue in the second quarter in Spain hiked 55.1% year-on-year to €312.6m (£207.0m/$332.6m), with revenue from sports betting more than doubling.

Total revenue in the second quarter was comfortably ahead of last year and also 2.5% higher than €313.3m in Q1. Data for the three-month period has been released by Spain’s regulator, the Directorate General for the Regulation of Gambling (DGOJ).

Casino generated the most GGR in Q2 – €149.9m, up 27.9% from last year and 4.5% ahead of Q1.

Slot machine revenue increased by 29.9% year-on-year, while live roulette GGR was 8.9% higher.

Spanish sports betting revenue rockets in Q2

The sports betting segment reported the largest percentage of growth during the quarter. In the three-month period, GGR reached €133.3m, up 118.9% from last year.

Pre-event sports bet GGR was 1.8% higher than in Q2 and live betting GGR also increased by 3.5%. Horse riding bets jumped 22.7% but other sports bets GGR slipped 15.1%.

Elsewhere, poker G..

September 20, 2023

Michigan online gambling revenue rises 13.2% in August

Combined online sports betting and igaming revenue in Michigan increased 13.2% year-on-year to $175.4m (£141.5m/€164.2m) in August, with this total almost level month-on-month.

Gross internet gaming and sports betting receipts from commercial and tribal operators is ahead of $154.9m in August 2022. It is also only slightly below $176.1m worth of online gambling revenue in Michigan in July this year.

Online casino gaming gross receipts hit $152.2m, up 16.3% on last year but behind July’s $153.9m total.

Read the full story on iGB North America

September 20, 2023

Pennsylvania sports betting revenue drops 35% in August

Sports betting revenue in Pennsylvania declined 35.1% year-on-year in August, although the US state was still able to report an overall increase in gambling revenue.

Total revenue from gambling in Pennsylvania hit $457.2m (£369.0m/€428.0m) in August. This was 7.5% more than $425.4m in August 2022 but 2.1% less than $467.0m in July this year.

Retail slots remain the primary source of gambling revenue in the state by some distance, drawing $203.2m. This is 1.0% higher than last year. Retail table games also jumped 5.4% to $82.7m.

Read the full story on iGB North America

September 19, 2023

GC clashes with Racing Post over coverage of proposed risk checks

The GB Gambling Commission has published an open letter to Racing Post readers in an attempt to “clear up misunderstandings” about the ongoing consultation regarding proposed financial risk checks.

The regulator accused the racing and sports betting publication of providing readers with “imbalanced stories”. Additionally, the Commission said that the newspaper had “refused” to publish a letter from the authority responding to the coverage.

Financial risk checks – also known as affordability checks – have been one of the most contentious topics included in the Gambling Act review white paper since its publication in April.

In response to the letter, Racing Post editor Tom Kerr released a statement on X, formerly known as Twitter.

“We told the GC we were unwilling to publish a letter if it misrepresented disagreements over our coverage as errors of fact,” he wrote.

“That is precisely what this letter does. It simply repeats contentious assertions from the white paper and consultatio..