Betting News – Page 86

January 3, 2024

Delaware Lottery launches first online sportsbook

The Delaware Lottery has announced the launch of its first online sportsbook and relaunch of its three online casinos.

Powered by Rush Street Interactive (RSI) and BetRivers, the sportsbook soft launched on 27 December. After a successful first week of operation, the new sportsbook is now fully live in Delaware.

Players can access a range of wagering options across professional and collegiate leagues, games and players. Betting options include spreads, moneylines, player props, futures and same game parlays.

Accompanying the new sportsbook are three updated versions of the state’s existing online casinos. These will continue to be operated by Delaware Park, Bally’s Dover Casino and Harrington Raceway & Casino.

RSI sees off competition to land Delaware igaming contract

RSI secured the contract to power the Delaware Lottery’s igaming offering in August of last year. This followed an RFP process that reportedly also involved 888. RSI was the only remaining bidder after other interest..

January 3, 2024

Delaware: Igaming revenue rises in November – sports betting declines

The Delaware Lottery has reported a year-on-year rise in igaming revenue for November but also posted a decline in revenue from sports betting during the month.

Total igaming revenue in Delaware in November was $1.1m (£882,214/€1.0m). This was up 13.0% from $987,423 in November 2022 and 13.5% ahead of $982,919 in October 2023.

Of this total, $900,418 came from online video lottery games, $188,050 via internet table games and $27,170 from poker rake and fees.

DELAWARE IGAMING REVENUE WAS UP 13.5% COMPARED TO OCTOBER 2023

In terms of spending, players in Delaware spent $32.1m on igaming in November. This was 24.8% lower than $42.7m in 2022 5.3% ahead of $30.5m in October.

Video lottery games drew $23.4m in total wagers and table games $8.7m.

Delaware Park claimed top spot in the igaming market with $452,554 in revenue off $11.9m in wagers. Bally’s Dover placed second with $384,111 from $9.3m, then Harrington Raceway, posting $278,973 from £11.0m.

Declines in the Delaware sports ..

January 3, 2024

Rhode Island: Handle and revenue down in November

Sports betting handle and revenue fell year-on-year in Rhode Island in November, although there was a slight month-on-month rise in player spending.

Bettors spent $48.3m (£38.2m/€44.1m) on sports wagering in Rhode Island in November. This was 21.1% down from $61.1m in 2022 but 5.5% ahead of $45.8m in October 2023.

Of this total, $38.6m was wagered with online sportsbooks in Rhode Island. A further $9.6m was spent at retail locations at Twin River and Tiverton Casino. Twin River took $6.0m worth of bets in November and Tiverton Casino $3.6m.

Revenue slips to four-month low in Rhode Island

As for revenue, this amounted to $3.4m. Not only was this 30.6% behind $4.9m generated in November 2022 but also 24.4% less than $4.5m in October 2023.

The Rhode Island Lottery also noted the November total was the lowest monthly amount since $1.4m was reported in August 2023.

Online betting accounted for $2.6m of all revenue in November. Retail’s share amounted to $837,173, of which $488,920 cam..

December 22, 2023

British, Irish and Japanese horse racing industries form committee

British, Irish and Japanese horse racing regulatory bodies have joined forces to create the Joint Cooperation Committee.

The deal sees the British Horseracing Authority (BHA) and Horse Racing Ireland team up with the Japan Racing Association (JRA).

The aims of the committee include promoting Japanese horses, while easing the travel of connections between the regions. Other objectives include the enhancement of awareness of each industry, creating a regulatory partnership and “further internationalising” horse racing.

The chairman of the new committee will be Joe Saumarez Smith, who is also the BHA chairman.

Commenting on the partnership, he said: “The British and Irish horse racing industries have enjoyed a close and fruitful relationship with the JRA – and the wider Japanese racing industry – for many years now.

“We are delighted to be collaborating with the JRA and are hugely grateful for their significant support. This can only lead to increased participation in each other’s ra..

December 22, 2023

Netherlands minister Weerwind announces new plans to counter problem gambling

The Netherlands minister for legal protection, Franc Weerwind, has announced new measures that he hopes will protect players from problem gambling.

Weerwind’s letter comes in response to “worrying and undesirable developments” in the Netherlands’ gambling industry. With the evaluation of the Remote Gambling Act not expected until 2024, Weerwind has decided to push on with the government’s new plans before then.

The new measures, announced on Thursday, include providers being required to contact players who have set a deposit limit of €350 (£303/$386). Operators should inform such players of the risks of gambling in such high amounts.

As reported by CasinoNieuws, Weerwind’s other proposals involve exhibiting financial amounts in euros and pushing for further research on overarching gaming limits.

In October, Weerwind announced a multi-year digital resilience campaign programme to combat fraud associated with online gambling.

In his letter, Weerwind said: “Everyone who wants to do s..

December 22, 2023

New Hampshire sports betting spend continues to rise in November

Player spending on sports betting in New Hampshire increased month-on-month during November, but the $78.5m (£61.9m/€71.3m) wagered was less than the previous year.

Handle for November was down 15.7% from $93.1m in the same month last year. However, it was 2.0% ahead of October this year and the highest monthly total in New Hampshire for eight months.

Of the total wagered, $67.9m was bet online and $10.6m at retail sportsbooks across the state of New Hampshire.

Turning to gross gaming revenue, this amounted to $8.2m in November. This was 64.0% up from $5.0m last year but 5.8% behind October’s $8.7m haul.

draftkings holds exclusive sports wagering rights in new hampshire

Online sports betting accounted for $6.6m of all wagering revenue during the month. Retail betting generated the remaining $1.6m.

DraftKings remains the only operator offering online sports wagering in New Hampshire. It secured exclusive rights for the state in November 2019.

In terms of tax, the state took $3.6m..

December 22, 2023

Brazil’s chamber of deputies gives final approval to regulate gambling – igaming included

Brazil's chamber of deputies voted yesterday (21 December) to approve Bill 3,626/2023, which will regulate sports betting. Igaming has also been added back into the bill after removal by the senate.

Brazil’s chamber of deputies has now voted to approve online gambling, giving the final green light for the market to be regulated in 2024.

Yesterday evening’s vote on 21 December follows the senate plenary approving Bill 3,626/2023 on Tuesday 12 December last week.

Now that the Bill has been approved by the chamber of deputies, it will be passed onto the office of the president, Luiz Inacio Lula da Silva, for final approval.

Brazil’s gambling regulation: the final process

While the bill for Brazil’s online gambling regulation was previously approved by the chamber of deputies in September, the chamber was required to vote again to agree on the changes made to the bill by the senate last week.

Bill 3,626/23 was APPROVED BY THE SENATE PLENARY LAST WEEK

Senator Angelo Corone..

December 21, 2023

National Thoroughbred League announces new Las Vegas headquarters

The National Thoroughbred League (NTL) has promised to “redefine the landscape of sports entertainment” after announcing a new headquarters in Las Vegas.

The NTL launched earlier this year and pits racehorses against each other in teams as part of a league. This in turn simplifies the betting experience.

The move of headquarters has been made with the intention of taking advantage of Las Vegas’ growing role as a sports hub, as well as giving the NTL more opportunity to tap into strategic partnerships. The chance to grow its fan engagement also appealed to the NTL.

Tom Ludt, NTL president, stated: “We are thrilled to announce the relocation of NTL to the vibrant city of Las Vegas. This move represents a strategic decision to align our league with a community that shares our passion for sports and entertainment.

“Las Vegas provides an extraordinary platform for NTL to thrive, with a depth of talent in sports wagering and event management.”

Las Vegas’ growing importance in sport

Nov..

December 21, 2023

Arizona sees sports betting handle surge in October

Bettors in Arizona wagered almost $650m on sports in October 2023, according to figures released by the Arizona Department of Gaming.

The $648.2m (£512m/€590m) put down by bettors in Arizona was a 4.8% increase when compared to October of last year. The figure was also up 6.2% compared to September.

The October 2023 handle trails only the $691m worth of wagers accepted in March 2022.

Almost 99% of betting turnover in Arizona came from mobile betting with just $5.4m from retail. It was the seventh time this year that betting turnover has topped $600m.

DraftKings and FanDuel generated an almost identical amount of mobile gaming turnover, with each reporting around $220m in October. FanDuel was also the biggest retail bookmaker with revenue of $2.1m.

Arizona’s betting win down in October

Players won a total of $591.3m during October, leaving adjusted gross event wagering receipts before free bets of $55.6m. This figure was down compared to the $59.7m generated in September.

Free b..