Online sports betting – Page 86

September 29, 2022

GAN debuts sports betting in US with Island View Casino launch

GAN has launched sports betting with Island View Casino in Mississippi, marking the first US deployment of GAN Sports since its acquisition of Coolbet in January 2021.

Consumers at the casino will be able to place sports bets at 20 internet-connected kiosks, while GAN will also roll out a “Bet the V” branded mobile sportsbook to complement the retail offering.

The mobile solution will be enabled by GAN’s GameSTACK Player Account Management (PAM) system for omnichannel sports betting via retail kiosks or mobile devices while on location at the casino.

GAN will also provide supporting marketing and customer services, while the deal will allow for the state-wide roll out of mobile sports betting, should Mississippi pass the relevant laws to expand wagering in the future. At present, consumers are only permitted to place mobile bets while on-site at a licensed casino.

The launch was made possible after GAN acquired Vincent Group, the parent company of operator Coolbet, for $175.9m in J..

September 28, 2022

How lotteries can leverage their scale in sports betting

Across the globe, state lotteries have opportunities to move into sports betting, but doing so will create new challenges that only a few may be capable of addressing. How can they go about creating a thriving sportsbook? By Jari Vähänen

On a global scale, lotteries are a diverse group of companies. There are huge differences between the operators, with very few unifying features.

Jari Vähänen

Broadly speaking, the common thing that binds them is their exclusive right to run lottery games. Yet when looking at the World Lottery Association’s membership, not all companies even have this monopoly position. However, in this article, I will focus on lottery companies that operate at scale, namely state lotteries.

Lotteries as a monopoly

The term “state lotteries” refers to the fact that these companies were originally under the direct control of the state and sold lottery games. Most lotteries originally sold scratchcards and lotto (or draw-based games). It is only in the past three d..

September 26, 2022

World Series of Politics: The NFL, the Wire Act and Brazil

It's a busy episode this week, with Brendan Bussmann and Brandt Iden looking at the NFL, the Wire Act and Brazil's election.

The dynamic duo kick off by discussing sports betting activity around the National Football League’s kickoff on 8 September. This season is set to be the biggest ever for sports betting; 46.6 million Americans plan to place a bet during the season.

Listen on Apple Podcasts

However, there are some issues emerging on where bets can be placed – the league is trying to prevent betting on match days.

There’s also some intrigue around the Wire Act, in the wake of a Rhode Island District Court judge ruling that the Department of Justice must formally state that it only applies to sports betting. Could this provide much-needed clarity after an attempt to enforce the act across all forms of gambling?

Does this mean the issue is dead and buried? Brandt is confident, but Brendan is not so sure.

Further afield, Brazil is preparing to go to the polls in a ..

September 26, 2022

Maryland aims to speed up online betting licensing with rolling approvals

The Maryland Sports Wagering Application Review Commission (SWARC) has agreed to award licenses for mobile sports betting on a rolling basis, in an effort to launch the vertical this year.

SWARC opened applications for mobile sports betting licences on 7 September. The application period will end on 21 October at 5pm.

The application fee is $500,000.

Read the full story on iGB North America

September 23, 2022

PointsBet launches in Louisiana with Penn National Gaming

Online gambling operator PointsBet Holdings has launched online sports betting in the US state of Louisiana via its partnership with Penn National Gaming (PNG).

PointsBet’s online sportsbook is now active in the state and taking bets after the operator secured approval from the Louisiana Gaming Control Board.

The roll-out marks the fourth state launch under the partnership with PNG, which was announced in August 2019 and extended in March 2021 to include Pennsylvania and Mississippi.

The launch represents PointsBet’s 12th online sportsbook operation in total in the US, with the operator also active in New Jersey, Iowa, Indiana, Illinois, Colorado, Michigan, West Virginia, Virginia, New York, Pennsylvania and Kansas.

“The PointsBet team is excited to share that we are now officially live in the pelican state and that Louisiana is our 12th state of online operations,” PointsBet US chief executive Johnny Aitken said.

“The sports community of Louisiana, one that our very own brand amb..

September 23, 2022

Fitzdares partners with Fulham FC

Fulham FC has named bookmaker Fitzdares as the club’s official betting partner.

Under the terms of the agreement the new partners intend to launch a messaging campaign that “will bring a sense of fun into the game”.

Fitzdares allows players to place bets in numerous ways, including online, through text and by phone. It also operates a private club in Mayfair, where members can watch live sport.

“This partnership has its roots in the 19th century and we are bursting with excitement to finally join up with London’s original football club, said Fitzdares CEO William Woodhams.

“Dare I say, the only place better to watch football than The Fitzdares Club is at the Cottage. We will be adding a Craven Cottage Pie to our menu immediately to bring a taste of West London royalty to Mayfair.”

Fulham sales director Jon Don-Carolis added: “We are delighted to welcome Fitzdares as Fulham FC’s official UK betting partner.

“Our organisations are proud of our heritage and embrace innovation while ..

September 23, 2022

English football must distance itself from the Pogos

iGB op-ed: Zak Thomas-Akoo argues that in the wake of criminal scandals regarding offshore operators based in the Philippines, the continued association by English football clubs with the sector could be a ticking time-bomb for scandal.

Most fans of Premier League clubs probably couldn’t tell you much about the Pogo sector, but it has become deeply embedded in top-flight English football.

A Philippines Offshore Gambling Operation (Pogo) is a Philippines-based gambling site that broadcasts games of chance to other jurisdictions – usually elsewhere in Asia. Almost by definition, this comes without approval by local authorities in the operator’s target markets. While China has been the highest-profile target, a number of Pogos also specialise in the Korean or Vietnamese markets.

The sector is also widely believed to be infiltrated by criminal organisations and has been linked to crimes such as human trafficking, slavery and prostitution, with the situation getting so bad that a senator..

September 22, 2022

Playtech moves away from plans to sell Snai amid good trading

Playtech will put aside any plans to sell off its B2C Snaitech business – at least temporarily – after the business determined that its recent success meant it could deliver more value by remaining part of the group.

Comments on the subject came from Playtech leadership following the business announcing its H1 results, in which revenue was up 73% year-on-year to €792.3m. Revenue from Snaitech specifically almost tripled to €446.0m.

The supplier had reportedly been considering a break-up of its business, including a sale of the Snaitech arm it acquired in 2018, after plans to sell the entire business fell through. The Playtech board approved an offer from land-based slots giant Aristocrat, but shareholders ultimately rejected this deal.

A group called TTB Partners then announced that it was considering a bid of its own, and received support from Playtech chief executive Mor Weizer (pictured). However, amid changing market conditions, TTB ultimately declined to submit a bid for the ga..

September 21, 2022

FanDuel expands responsible gambling efforts

Flutter Entertainment-owned FanDuel Group has announced a series of new responsible gambling initiatives to coincide with the American Gaming Association’s (AGA) Responsible Gaming Education Month.

The group hosted its first, business-wide “Play Well Day” where workers were invited to an employee-only event, promoting the role of staff in creating a culture that embraces safer play.

During the Play Well Day, FanDuel announced the appointment of professional boxer, mixed martial artist and wrestler Amanda Serrano as a responsible gaming ambassador.

Read the full story on iGB North America.

September 21, 2022

New Hampshire reports slight sports betting handle improvement in August

Player spending in New Hampshire improved marginally month-on-month in August, while the state experienced year-on-year growth across revenue and handle.

Consumers wagered a total of $43.4m on sports during the month, up 19.6% year-on-year and 1.6% higher than $42.7m in July of this year.

A large portion of this was spent betting online via DraftKings, with this reaching $32.9m. The remaining $10.5m was wagered at retail sportsbook locations across the state.

In terms of revenue, gross gaming revenue from sports betting for the month amounted to $4.2m.

Read the full story on iGB North America.

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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Tag: Online sports betting