The New Hampshire Lottery reported a year-on-year increase in both sports wagering gross gaming revenue (GGR) and handle for December.
Players in the state spent $90.9m betting on sports in the month, up 5.2% from December of 2021 but a 2.4% drop from $93.1m in November of 2022.
Of this total, $65.9m was spent wagering on the DraftKings mobile sportsbook, while some $25.0m was bet at the operator’s three retail sportsbooks in New Hampshire.
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The Fanatics Betting and Gaming arm of sports apparel giant Fanatics has become the first sports wagering operator to open a retail sportsbook inside a National Football League (NFL) stadium.
Located at FedExField in Maryland, the home of NFL team the Washington Commanders, the facility also marks Fanatics’ first venture into the sports betting market, as well as its entrance into the state of Maryland, with the Commanders as its market access partner.
The 5,000sq ft venue features eight betting windows, 21 self-service betting kiosks, two LED video walls, 38 TV monitors and a full-service restaurant. Customers will be able to place bets on a wide range of major sports events at the facility.
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Online sports betting revenue reached a record $30.5m in December, despite a month-on-month decline in consumer spending.
Revenue was at its highest since the state opened its legal online wagering market in January of 2022, surpassing the previous monthly high of $28.4m in March.
The December revenue total was also in stark contrast to the $27.6m loss reported during November, which came as a result of US businessman Jim “Mattress Mack” McIngvale winning a number of large bets on Major League Baseball’s World Series.
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Sportsbook operator Tipico has entered into an exclusive partnership with the Rhinegeist Brewery in Cincinnati, Ohio.
Under the arrangement, the operator and the brewery will develop a new “Tipico Sports Deck” in the Rhinegeist Taproom, offering a special experience to sports fans in Cincinnati.
Due for completion early this year, the Tipico Sports Deck will feature nine televisions for watching sporting events, as well as a series of sports-themed activations and deck-style seating for visitors.
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The special guests keep coming on the World Series of Politics, with GeoComply’s Linsday Slader joining Brendan Bussmann and Brandt Iden to discuss Ohio’s sports betting launch. Also under discussion are Brazil, Macau and the US legislative session.
The geolocation specialist’s managing director of gaming says Ohio’s sports betting launch was one of the biggest market openings in the US to date.
Over the New Year weekend alone, GeoComply recorded more than 11.3 million geolocation transactions, and Slader says around 1.2 million accounts were set up in the first week of activity.
This episode also marks the World Series of Politics’ debut on Spotify! You can also listen on Apple Podcasts, and directly from this page.
Ohio betting flies out the blocks
There’s also a wider range of betting options than ever before, with 1,000 kiosks rolled out across Ohio, and it’s going to be interesting to see how this works in tandem with a widespread mobile offering. If it keeps up its early ..
Sports betting operator PointsBet has extended its reach in Illinois with the launch of a new retail sportsbook in the Villa Park area of Chicago.
Located inside the Crazy Pour Sports Bar at Club Hawthorne, the facility is PointsBet’s fourth retail location in the state and will be operated through its partnership with Hawthorne Race Course.
Customers can place cash wagers directly with cashiers at three betting windows or at eight self-service kiosks, while visitors will also have access to Crazy Pour’s full-service beverage and dining options.
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UK-based global betting brand Bet365 has partnered with Ohio-based MLB team the Cleveland Guardians.
Ohio – where sports betting launched on 1 January – is the third US state in which Bet365 is live, following New Jersey and Colorado.
The partnership lands as the Guardians bid to retain the American League (AL) Central title, which was the franchise’s first since 2018.
Ted Baugh, the Guardians’ vice-president of corporate and premium partnerships, said: “We’re very excited to work with Bet365 as our exclusive mobile sports betting partner and welcome them to the State of Ohio.
“There is a tremendous bond between our organisation and Bet365. With nearly 90 million customers registered worldwide, Bet365 is one of the world’s leaders in online gambling and will provide our fans a trusted source to complement our organisation’s success on and off the field.”
The Guardians annual “Guards Fest”, which runs on 21 January for the first time after a two-year pause, will mark the beginn..
Detroit’s three land-based commercial casinos reported a year-on-year decline in gaming revenue for 2022, with revenue down across both slots and tables games and sports betting.
Revenue for the 12 months to 31 December 2022 was $1.28bn, down 1.4% from $1.29bn in the previous year. Slots were responsible for $983.7m of total revenue, representing 77% of the market, then table games with $273.3m (21%) and sports betting at $18.8m (2%).
Analysing the performance by market sector, combined slots and table games revenue fell by 0.8% year-on-year to $1.26bn.
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The Texas legislature will consider a bill that would amend the state’s constitution to legalise casinos at a limited number of locations and set the stage to permit sports betting.
The proposed law – Senate Joint Resolution 17 – would devise the framework for a new body named the Texas Gaming Commission, which would supervise legalised gambling in Texas.
Casino gambling would be authorised at a “limited number of destination resorts and facilities” with the proceeds going towards tax relief and funding for education and public safety.
The amendment’s author is Houston-based state senator Carol Alvarado, a Democrat who initially pre-filed the bill on 14 November 2022.
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Sports betting revenue in Iowa rocketed 251.7% month-on-month in December despite a decline in player spending, while the state also reported year-on-year declines in handle.
Revenue for the month reached $20.4m (£16.8m/€19.1m), which was 52.2% up from $13.4m in December of 2021. This was also comfortably higher than $5.8m in November 2022 when Iowa suffered a sharp decline following multi-million-dollar winning bet payouts to US businessman Jim “Mattress Mack” McIngvale.
Figures published by the Iowa Racing and Gaming Commission (IRGC) showed that of total revenue posted in December, $17.6m came from online sports betting, while a further $3.1m was attributed to retail sportsbook activity.
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Players in Rhode Island wagered $61.2m (£51.7m/€58.3m) on sports during November, the highest monthly total of the 2022 calendar year
The figure was 16.1% higher than $52.7m in November of 2021 and up 10.3% from $55.5m in October 2022, as well as surpassing the previous year-high of $58.6m in January 2022.
Some $37.0m was spent betting online in November, while retail sportsbooks across Twin River and Tiverton Casino processed a total of $24.2m. Twin River took $17.0m in bets and Tiverton Casino $7.2m.
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Sports betting revenue and handle in Washington DC fell month-on-month in November, as both the commercial sector and DC Lottery also reported a year-on-year decline in revenue.
Player spending in November amounted to $21.4m (£18.1m/€20.4m), which was level with the amount bet in November 2021 but 13.7% lower than $24.8m in October of 2022.
Gross gaming revenue was down 40.9% from $4.4m in November 2021, which at the time was a record for the DC market, while this figure was also 16.1% behind the $3.1m that was generated in October 2022.
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