Online sports betting – Page 78

September 21, 2022

Colorado sports betting handle reaches $4.82bn in FY2021-22

Consumers in Colorado wagered a total of $4.82bn on sports during the US state’s 2021-22 financial year.

During the 12-month period, players in the state spent $4.78bn betting on sports over the internet, as well as $59.7m at retail sportsbook facilities across Colorado.

Basketball was the most popular sport among consumers by some margin, attracting a total of $1.20bn in wagers over the course of the year. Football bets amounted to $768.6m and baseball $506.2m, while $872.5m worth of parlay wagers were also placed.

In terms of revenue, total gross gaming revenue from sports betting was $282.6m for the financial year. The majority of this came from online, with this form of betting accounting for $279.6m, while retail revenue reached just $3.0m for the year.

Read the full story on iGB North America.

September 20, 2022

Dutch regulator issues 21st online licence

Dutch regulator de Kansspelautoriteit (KSA) has issued its 21st online gambling licence, to a business known as Smart Gaming BV.

As yet, little information has been provided about Smart Gaming, which is registered in the Dutch town of Aalsmeer.

The KSA said that it will list the domain name that the business will use as soon as this is known, but Smart Gaming has not yet submitted the domain it intends to use.

The business is the 21st operator to receive a licence to operate in the Dutch online gambling market. It follows the ComeOn Group, which announced that it would launch its flagship ComeOn brand in the Netherlands after receiving a licence last week.

Also last week, the KSA launched a gambling harm prevention research programme, developed by Hague-based health organisation ZonMw. It said that the aim of the scheme will be to gather new knowledge on the prevention and treatment of gambling addiction and gambling-related harms, so it can be formed into new treatment measures.
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September 15, 2022

Disney “working hard” on ESPN sports betting app launch

Disney chief executive Bob Chapek said work on the potential launch of a sports betting app is ongoing, revealing the business has received as many as 100 enquiries about the venture.

The conglomerate has been linked with expansion into the sports betting market for some time, with Chapek last month saying Disney remained in talks with a number of platforms in regard to potentially launching an app.

Chapek previously said Disney’s sports broadcasting arm ESPN was the “perfect” channel for the business to move into sports wagering.

Speaking at Disney’s D23 fan event this week, Chapek said sports betting remains a focus area for the business, adding that it is “working very hard” on an app.

“Sports betting is a part of what our younger, say, under-35 sports audience is telling us they want as part of their sports lifestyle,” Chapek said according to Bloomberg.

Chapek added that he had received as many as 100 inquiries from parties interested in the business. He said: “If you have a ..

September 9, 2022

WNBA to integrate FanDuel odds following partnership extension

FanDuel and the Women’s National Basketball Association (WNBA) have signed a multi-year extension of their partnership.

It comes five years after the partnership was first established, and sees FanDuel become an official sportsbook partner of the WNBA. FanDuel had already operated the WNBA’s official daily fantasy game, as its official daily fantasy partner.

During future seasons, FanDuel odds will now feature on a number of WNBA’s digital channels.

Read the full story on iGB North America.

September 7, 2022

Maryland opens mobile sports betting applications

The Sports Wagering Application Review Commission (SWARC) has officially opened applications for mobile sports betting in the state of Maryland.

The application period opened yesterday (6 September) and will end at 5pm on 21 October. The application fee for mobile licences is $500,000.

SWARC approved a number of draft regulations for mobile sports betting in July. The following month, on 26 August, the regulations were published in the Maryland Register.

Read the full story on iGB North America.

September 7, 2022

Hard Rock continues sportsbook roll-out with Indiana and Tennessee launches

The Hard Rock Digital arm of Hard Rock International has announced the launch of its online sportsbook product in Indiana and Tennessee.

Players in both states can download the Hard Rock Sportsbook mobile app and place bets on a wide range of sports and events.

Hard Rock already had a land-based sports betting presence in Indiana with its Hard Rock Casino Northern Indiana, where it opened a new retail sportsbook facility in May of this year.

The launch of the sportsbook in Tennessee marked Hard Rock’s entrance to the state’s gambling market, though the operator does run three Hard Rock Cafés across the state, while its new Hard Rock Bristol Casino is located over the state line in Virginia.

“We are excited to offer the legendary Hard Rock experience to our mobile sports betting players throughout Indiana and Tennessee,” Hard Rock Digital chief executive and executive managing director Marlon Goldstein said.

“The successful debut of the Mystery Wheel is the latest example of the un..

September 7, 2022

Swifty Global launches new sports betting and igaming site

Financial and sports betting technology solutions provider Swifty Global has announced the soft launch of its new Swifty Gaming sports betting and online casino website.

Swifty Gaming will allow customers to place pre-event and in-play bets on all major sports events, as well as access more than 200 casino games.

The provider said it expects to onboard a number of premium clients following the launch, adding that the Swifty Gaming site will help generate tens of millions in additional revenue during its first year of operation.

The launch comes after Swifty recently secured new gambling licences in both the UK and Curacao, allowing it to roll out a sports predictions app in the UK and a global digital wallet offering artificial intelligence and cryptocurrency and blockchain transactions.

In addition, Swifty in June announced it had agreed a deal to acquire UK online gambling operator Goldchip Limited. Goldchip has a portfolio of nearly 750 high net worth VIP clients including a num..

September 5, 2022

FanDuel mobile and retail sports betting live in Kansas

FanDuel has launched its sports betting offerings in Kansas, in the form of an app as well as a retail sportsbook in conjunction with Boyd Gaming.

Kansas bettors can now place wagers on the online FanDuel Sportsbook, and can download its official app.

Alongside mobile sports betting, FanDuel has also opened a temporary retail sportsbook with Boyd Gaming at the Kansas Star Casino, with the grand opening of the permanent venue at the casino scheduled for 8 September.

The ceremony will see NFL wide receiver Jordy Nelson place the ceremonial first bet.

The retail sportsbook at the Kansas Star will feature four betting windows, 28 HD televisions and 20 self-service betting kiosks.

Kansas has become the latest US state FanDuel’s mobile betting app is live in, after most recently launching in Wyoming and Louisiana in March and January respectively.

Currently, FanDuel has 51% total market share in the US, according to parent company Flutter’s recently released Q2 results.

Last month, Fa..

September 5, 2022

Caesars rolls out updated PA platform, expands Louisiana retail presence

Caesars Entertainment has announced the launch of its updated sports betting and igaming platform in Pennsylvania and also opened a number of new sportsbook retail locations in Louisiana.

The new-look Caesars Sportsbook & Casino app is available to download in Pennsylvania and offers users improved sports betting and a range of casino gaming options.

Other features include additional ways to deposit funds, faster payouts, live scoreboards, and expanded in-play betting options.

In addition, the app integrates the Caesars Rewards customer loyalty programme that allows players to accumulate points that can be redeemed for exclusive opportunities across Caesars’ gaming, hospitality, entertainment, nightlife, dining and venues.

“Caesars has called Pennsylvania home for quite some time; it’s only fitting that we build upon the legacy of our popular casino and racetrack, Harrah’s Philadelphia, by bringing customers our best version of Caesars Sportsbook & Casino,” Caesars Digital co-presi..

September 2, 2022

Brazilian operators risk being punished for government inaction

iGB op-ed: Daniel O’Boyle argues that Brazil’s latest crackdown on sponsorship punishes operators that believed they had a clear pathway to launching before the winter.

Five matches into the season, the Premier League – and European club football in general – is well and truly back.

But the big moment of anticipation in the football world this year is still to come, when those domestic leagues will, of course, stop this winter, for the 2022 Fifa World Cup.

However excited those in Europe may be, surely no nation can match Brazil in its enthusiasm for the World Cup.

So naturally, the event has long been the circled date on the calendar for the launch of regulated sports betting in Brazil.

Operators had surely hoped that the months in the build-up to the event would be a time to prepare to get their licensed operations up and running, putting the finishing touches in place to take bets on the World Cup.

But instead, it might be close to the exact opposite.

With the opening match n..

August 26, 2022

GNOG secures market access in Kansas with Boot Hill Casino

DraftKings-owned Golden Nugget Online Gaming (GNOG) has secured market access in the state of Kansas by entering a partnership with Butler National Corporation, operator of the Boot Hill Casino & Resort.

Under the deal, which is subject to the receipt of licenses and regulatory approvals, GNOG will roll out its online sportsbook in Kansas, allowing players across the state to place bets on sports.

New laws in the state will allow land-based casinos each to contract with three sports wagering platform providers, as well as offer sports betting through a retail sportsbook.

Butler National Corporation president and chief executive Clark Stewart said the aim for the operator is to launch sports betting in some form by September 1, the date which licensed casinos can begin accepting wagers.

“GNOG is a recognised and established brand within the gaming industry,” Stewart said. “We’re thrilled our customers may soon experience all the excitement that online sports betting has to offer wit..

August 26, 2022

Cost of living represents looming crisis

iGB op-ed: Zak Thomas-Akoo argues the gaming sector should brace for a squeeze as macroeconomic conditions start to bite.

“Now is the winter of our discontent,” burbled Richard III, in the famous warning of what happens when a clever clogs lets ambition outstrip means. More prosaically, winter is certainly on the mind of those in the UK as the country braces for a potential triple threat of recession, energy price shocks and generalised inflation, all of which have direct industry implications.

A combination of supply constraints, fiscal and monetary policy, and energy disruptions have made inflation a worldwide phenomenon but it is most ferocious in the UK. In August, annualised inflation reached 8.5% in the US, 8.6% in Eurozone, just 6.5% in France – and 10.1% in Britain.

As our long, hot and doomed summer recedes into the middle distance, from Middlesbrough to Downing Street, Britain is blowing off its dusty old picture books of 1978 as it braces for the squeeze, and it’s not muc..

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Tag: Online sports betting