Betting News – Page 144

April 5, 2023

FanDuel partners Spotify for content production

Flutter Entertainment-owned FanDuel Group has agreed a multi-year content production partnership with global streaming audio platform Spotify.

Under the new agreement, which builds on an existing partnership between the two parties, FanDuel will work with Spotify’s “The Ringer” website, podcast network and video production house to create content for FanDuel TV.

The Ringer will license select video podcasts to FanDuel TV including existing shows adapted for FanDuel TV and a number of new shows covering sports and competitions such as the National Basketball Association (NBA).

Read the full story on iGB North America

April 5, 2023

Entain acquires sports media business 365scores

Entain has completed the acquisition of the entire issued share capital in sports media business 365scores.

Under the agreement, Entain will pay approximately $150.0m (£120.1m/€137.0m) to take ownership of the business, in addition to contingent payments of up to $10.0m.

With a global audience of over 15 million active users, 365scores provides scores and sports information, editorial and social content and a range of sports-focused free-to-play games.

Entain said the combination of 365scores’ expertise in data-driven sports media content alongside its own global scale and platform capabilities will provide customers with a broader offering of interactive content and experiences.

The group added that the acquisition would help to unlock further growth opportunities and supports its global strategic ambitions.

Jason Scott resignation

Confirmation of the deal comes after it was announced earlier this week that Jason Scott had left his role as vice-president of trading, VIP and re..

April 4, 2023

Colorado sports betting handle hits $425.1m in February

Players in Colorado spent a total of $425.1m betting on sports during February, a decline on the same month in the previous year and also down from January this year.

Betting handle for the month was 3.5% below the $440.5m wagered during February of last year and 22.3% lower than $547.2m in January 2023.

Of this total, $421.6m was wagered on sports online, with the remaining $3.5m attributed to betting at retail sportsbooks across Colorado.

Read the full story on iGB North America

April 3, 2023

Kentucky governor signs sports betting bill into law

Kentucky’s Democrat governor, Andy Beshear, has signed into law a bill that will legalise sports betting in the Bluegrass State.

House Bill 551 will make nine racetracks eligible to offer on-site retail sports betting, while each track will also be able to partner with up to three online operators, meaning up to 27 licences may be issued by the Kentucky Horse Racing Commission (KHRC).

The bill also establishes a two-tier system to taxation, with online operators to be taxed at 14.25% of gross gambling revenue, compared to the 9.75% imposed on the retail offerings.

Read the full story on iGB North America

March 31, 2023

Kentucky sports betting bill heads to governor’s desk

House Bill 551 – which would authorise sports wagering in the Bluegrass State – is heading to Governor Andy Beshear’s desk after clearing the Senate just hours before the deadline.

Beshear, a Democrat, has stated his intention to sign the bill, meaning that the outlook looks optimistic for legalised sports betting in Kentucky.

Lawmakers approved the legislation 26-12, with a 23-vote threshold for passage. The two-thirds majority requirement is a result of state rules regarding revenue generating laws being passed in a session not devoted to the budget.

There is a long tradition of horse racing in Kentucky

“After years of urging lawmakers to legalise sports betting, we finally did it! Today’s result shows that hard work pays off,” said Beshear on Twitter. “Kentuckians will soon be able to place their bets here and, for the first time, we are going to keep those dollars to support our roads and bridges, schools and communities.”

Read the full story on iGB North America

March 30, 2023

888-owned Mr Green goes live in Germany

888 has announced the launch of the Mr Green online gambling brand in Germany after the group secured a licence in the country earlier this year.

Players in Germany will now have access to a range of online gambling services through Mr Green, with the website operating on the existing 888 platform.

The launch represents the first time that the Mr Green brand will be available on the 888 proprietary technology platform.

“Mr Green will be the group’s spearhead brand in the German market, alongside our 888 brands,” 888’s vice-president, head of poker and managing director for rest of world, Amit Berkovich, said. “Its launch is a great example of what focus, collaboration and dedication can deliver.

“We’ve been live since late March, thanks to the existing 888 platform in Germany and the powerful collaboration of all teams across the business who have enabled a totally new set-up in record time.

“We are excited to introduce thousands more players in the market to our enhanced offer a..

March 30, 2023

Paysafe enters Massachusetts market

UK-based payments platform Paysafe expands into the Massachusetts mobile sports-betting market.

This announcement makes Massachusetts the the 26th US state in which Paysafe offers its solutions to operators.

With this expansion also comes the extension of multiple partnerships which the payment supplier has with US operators.

DraftKings and Paysafe have a 10-year partnership spanning 21 states, which will continue in the Bay State. Additionally, the payment supplier’s 11-year, 21-state partnership with Caesars Entertainment will also remain.

Zak Cutler, president of global gaming at Paysafe, commented on his enthusiasm towards the expansion: “We’re excited to expand into Massachusetts, my home state and an important milestone in the evolution of the US igaming industry, with its passionate sports culture and pivotal industry role in the development of daily fantasy sports and now sports betting.

“We’re also proud to extend our longstanding relationships with several major spo..

March 30, 2023

12Bet integrates Betradar as new sportsbook provider

Online gambling operator 12Bet has announced Betradar, the sports betting data division of Sportradar, as its new sportsbook provider.

Under the arrangement, 12Bet customers will have access to a range of sportsbook services from Betradar including betting options on the Indian Premier League (IPL) cricket competition.

12Bet will also work with Betradar to run a number of special promotions for the IPL, with users having the opportunity to win a range of prizes.

Licensed and regulated by the Philippine Amusement and Gaming Corporation (Pagcor), 12Bet also offers online casino, keno, lottery and other igaming options. The operator celebrates its 15th anniversary this year.

“We are thrilled to announce our partnership with Betradar as our new sportsbook provider. Our aim has always been to provide the best possible experience to our beloved members,” a 12Bet spokesperson said. “With Betradar’s expertise, we have enhanced our offerings and are positive to provide an unparalleled exper..

March 29, 2023

DraftKings launches DK Horse app in 12 states

DraftKings has announced that its horseracing product, DK Horse, has officially launched in 12 states – and is set to launch in several more before the Kentucky Derby begins on 6 May.

Players in Colorado, Florida, Indiana, Kentucky, Massachusetts, Minnesota, Montana, Oregon, Virginia, Washington, West Virginia and Wyoming will now be able to access the DK Horse app.

The app allows players to partake in pari-mutuel wagering on horse racing. Wagers can be placed on a number of renowned horse races, including Churchill Downs products such as Oaks and Derby.

Read the full story on iGB North America