Tag: Sports betting

Iowa sports betting handle continues to decline in April

Iowa experienced another year-on-year drop in sports wagering handle in April, although the state was able to report an increase in revenue.

Consumers spent $172.6m betting on sports during the month, down 2.7% from $177.4m in April 2022 and also 25.8% behind the $232.6m wagered in March of this year.

Of this total, $157.5m was wagered online, while the remaining $15.1m was bet with retail sportsbooks across the state.

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Texas House clears online sports betting amendment bill

The Texas House of Representatives has voted through a constitutional amendment bill that would allow voters in the US state to legalise online sports betting.

HJR 102 cleared the House by a vote of 101-42 yesterday (11 May) and will now progress forward to the state’s senate for further debate.

Should it pass into law, the constitutional amendment itself would not legalise wagering, but would permit a state-wide vote to be held on the issue. This would take place at an election on 7 November this year.

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English FA charges Accrington player over betting breach

The English Football Association (FA) has charged Accrington Stanley player Mitch Clark with a breach of its betting rules.

According to the FA, Clark placed 312 bets on football matches between 8 February 2022 and 10 March 2023.

This, the FA said, was in breach of Rule E8 on betting, which bans any player, match official and coaches from level eight and upwards in the English football pyramid from placing bets on games anywhere in the world.

As such, the FA charged Clark with misconduct, giving the defender until 17 May to issue a response.

Clark plays for Accrington Stanley, which was relegated from League One, the third tier of English club football, in the 2022-23 season. He was with the club for the entire period in which he placed the bets.

Prior to joining Accrington in the 2021-22 season, Clark played for Port Vale, while he also had spells with the youth teams of both Aston Villa and Leicester City.

Clark is the latest professional player to face betting charges from th..

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Kindred launches new platform in New Jersey

Kindred has announced that its proprietary tech platform is now live in New Jersey, which the business said provides it with a “richer” set of analytics and data.

The New Jersey Division of Gaming Enforcement (NJDGE) gave final approval for the platform’s launch earlier in the year. Kindred is currently active in the New Jersey gaming market through its flagship Unibet brand.

The company described the new platform as an “important” step in rolling out the enhanced offering throughout all its gambling services in the US.

Kindred said the platform improves the customer experience through customisable and personalised content and products and gives Kindred access to better analytics and flexibility. The company added that this will allow the operator to create a safer environment for its consumers.

Kindred enhanced platform live in New Jersey

Kindred CEO Henrik Tjärnström said he was “proud and grateful” of the product the business’ team had created.

“However, the true winners are o..

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SuperBook Sports launches in Maryland

Las Vegas-based sports wagering business SuperBook Sports has announced the launch of its online and land-based sports betting offering in the state of Maryland.

Consumers in Maryland can download the SuperBook Sports app or visit the website and place bets across a wide range of sports and competitions.

Players can also wager in-person at the new SuperBook Bar & Restaurant at Oriole Park at Camden Yards, the home of Major League Baseball franchise the Baltimore Orioles. The facility features 38 televisions and an LED wall for watching live sports events.

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Episode 16: Hugo Baungartner talks Brazilian gaming regulation

Brandt Iden and Brendan Bussmann step outside the US to discuss ongoing sports betting developments in Brazil, plus the all-important go-live date for the market.

The development of sports betting in Brazil has been happening over the last 20 years, with people waiting eagerly for just as long, says Hugo Baungartner, the special guest this week on World Series of Politics.

A law that could legalise sports betting in Brazil is said to be imminent

“It’s the giant,” he says. “Everyone is talking about it. Everybody wants to come to Brazil.”

He notes that law has been in place to allow sports betting in Brazil since 2018, but that there has been no regulation yet, and nothing was made official by then-president Jair Bolsonaro.

But this regulation is imminent, Hugo insists, with ministers working for Brazil’s newest president Luiz Inácio Lula da Silva preparing a law that could be signed in the coming days.

What can Brazil expect?

Hugo says Brazil’s government will impose a 15% tax ..

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85% of Americans support end of federal sports betting ban

New research commissioned by the American Gaming Association (AGA) has found that 85% of American adults agree that the Supreme Court was right to strike down the federal sports betting ban in 2018.

Nearly five years to the day when the US Supreme Court decided to overturn the Professional and Amateur Sports Protection Act (PASPA), a majority of Americans believe that justices were correct in their decision, according to the AGA.

The ruling – which paved the way for the state-by-state legalisation of sports betting – is more popular than it was in the past. A huge 85% of those polled believed it to be the correct course of action, compared to 63% in 2019. Meanwhile, 77% of US consumers also support legalisation in their state of residence.

aga president and ceo bill miller

“American adults have always enjoyed betting on sports, and overwhelmingly value the ability to bring their action into a legal market, close to home,” said AGA president and CEO Bill Miller.

“The rapid spread ..

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NY mobile sports betting revenue and handle up in April

Mobile sports wagering revenue and handle in New York both increased year-on-year during April, although the state experienced month-on-month declines.

Player spending in the month amounted to $1.54bn, which was 10.8% higher than $1.39bn in April 2022 but 14.0% behind the $1.79bn wagered in March of this year.

Gross gaming revenue followed a similar pattern, with the $138.8m generated in April being 33.3% up from $104.1m in the same month last year, but 14.7% lower than $162.8m in March.

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Betfred to sponsor St Leger Festival

Betfred, the Arena Racing Company (ARC) and Doncaster Racecourse have entered into a new partnership in regards to the St Leger Festival, which will see Betfred become the title sponsor.

This year’s edition of the Betfred St Leger Festival will take place on 14-17 September.

The sponsors will also have branding tied to other races, including the May Hill Stakes, the Doncaster Cup and Champagne Stakes.

“To have the Betfred name attached to the St Leger Festival is not just a sponsorship but a privilege,” said Fred Done, CEO of Betfred. “I am proud to be associated with the world’s oldest classic which is obviously synonymous with great horses like Triple Crown winner Nijinsky, Dunfermline for the Queen and Oh So Sharp for Sir Henry Cecil.”

Martin Cruddace, CEO of ARC, said the company was pleased to have Betfred involved in sponsoring the St Leger Festival.

“We are absolutely delighted to welcome Betfred as the headline sponsors of the St Leger Festival and of the Betfred St Leger ..

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PointsBet launches horse racing product

Australian-based operator PointsBet has announced the launch of its horse racing product PointsBet Racing.

PointsBet Racing – which is now live in 25 states – was created in partnership with 1/ST Technology, a subsidiary of thoroughbred racing company The Stronach Group.

The app will feature many famous tracks around the world, including content from each branch of the Triple Crown American horse racing championship.

The operator said that over 180 tracks total would be included on the app, from venues in the US, UK, Ireland, Hong Kong, Japan and Australia.

The platform will have in-built live streaming and replay capabilities, single user account sign-on and “deep link” integration across the business’ digital products. Also included will be statistical and factor compilation, new user education tools as well “seamless” deposit and withdrawal services.

PointsBet Racing

The product is a result of an October 2022 agreement between 1/ST Technology and the business, who then announc..

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Kambi scores sportsbook extension with long-term partner Paf

Sports betting solutions provider Kambi Group has signed an extension to its sportsbook deal with long-term partner, Nordic operator Paf.

Under the agreement, Paf will continue to leverage Kambi’s technology to power its online sports betting offering.

Paf, which began working with Kambi back in 2011, is licensed and controlled by the local government of Åland in Finland. The operator’s Paf brand is live in Finland, Sweden, Spain, Latvia and Estonia.

Swedish-focused sub-brands No Account Bet and Speedy Bet have also been added to the Paf group of brands.

“Kambi has played an important role in our journey as we have continued to establish Paf in regulated European markets,” Paf chief gaming officer Kim Johansson said. “The Kambi betting client, combined with a broad suite of great products have helped us to deliver an excellent experience for our customers, and we are excited at the prospect of building on this in 2023 and beyond.”

Kambi co-founder and chief executive Kristian Nyl..

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