Daily Archives: March 25, 2024

Ohtani: ‘I have never bet on sports or willfully sent money to the bookmaker’

On Monday (25 March), during a press conference regarding the sports betting scandal swirling around his former interpreter, Los Angeles Dodgers superstar Shohei Ohtani vehemently denied that he ever bet on sports, sent money to an illegal bookmaker or “willfully” paid off gambling debts for anyone.

The comments were in response to the news last week that Ohtani’s interpreter and friend, Ippei Mizuhara, was stealing from him to support a gambling habit.

“I have never bet on baseball or any other sports or have asked anyone to do that for me,” Ohtani said in a prepared statement. “Up until a couple of days ago, I didn’t know this was happening. In conclusion Ippei has been stealing money from my account and has been telling lies.”

Ohtani appeared with a new interpreter and did not take questions after the statement.

The man who owns baseball’s richest contract – he signed a 10-year, $700m deal with the Dodgers during the off season – was earnest, straightforward and direct in his ..

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More changes proposed to Georgia wagering bills; vote planned Wednesday

Georgia's House Higher Education Committee further kicked a package of sports betting bills down the road today (25 March) and still does not have consensus on how tax revenue would be spent.

On Wednesday (27 March) the committee will likely vote on whether or not to increase the tax rate in the package of bills from 20% to 25%, eliminate promotional deductions for operators and change where funding is directed as Georgia sports betting legislation continues to be a hot topic.

But multiple sources on the ground in Georgia aren’t hopeful that the online wagering package will pass through the general assembly with just three legislative days remaining.

House sponsor Marcus Wiedower said he would provide committee members with updated language that includes the tax increase, promotional deduction change and a new breakdown of how the funds would be spent, before that meeting.

Earlier versions of the proposals have been approved by the senate, and senate sponsor Bill Cowsert sa..

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Former BetCity owners fire €104 million demand back at Entain

BetCity's former owners have claimed Entain was not only aware of the KSA's investigations, but also severely impacted their earn-out.

The counterclaim against Entain has been submitted by BetCity’s former owners, which consists of various members of the Singels family. Also included are former CEO Melvin Bostelaar and former marketing director Robert Kooiman.

It comes in response to Entain’s original accusation that undeclared regulatory investigations at the time of the acquisition meant the Dutch-facing business was worth as much as €156m (£133m/$169m) less than assumed.

Entain acquired BetCity for €450m in January 2023, with the deal ultimately giving it access to the Dutch market. BetCity was one of the initial 10 licensees in the Netherlands.

However in January this year, Entain launched a compensation claim after details of two regulatory cases came to light. Entain said in the claim it was unaware of the investigations into BetCity when it acquired the business…

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India government cracks down on celebrities advertising offshore gambling

India’s ministry of information and broadcasting has warned celebrities and influencers against advertising offshore online operators on social media, stating they could face penal action for doing so.

The ministry’s advisory explained that those with influence in India are prohibited from advertising illegal gambling operators in a surrogate manner. Those who do risk facing “rigorous scrutiny”.

Under the current system, the Indian government can issue notifications to intermediaries such as social media platforms to remove access to posts advertising illegal operators.

Beyond that, celebrities and influencers could also face proceedings under the 2019 Consumer Protection Act. This could lead to social media accounts being disabled, while further penal action can also be administered under applicable statutes.

The advisory highlighted the “significant financial and socio-economic implications of online betting” as reasons not to promote offshore operators.

CCPA warns celebrities o..

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Australia rugby league clubs continue blocking of sports betting adverts

Two Australian National Rugby League (NRL) clubs – South Sydney Rabbitohs and Canterbury-Bankstown Bulldogs – have agreed to block all sports betting sponsorship for a further three years.

The Rabbitohs and Bulldogs, both based in New South Wales (NSW), will not display betting ads during home NRL games. They will also continue to educate players, staff and fans about gambling risks.

This is in line with the NSW government’s Reclaim the Game initiative. Launched in 2020, the campaign stretches across several sports and encourages teams not to enter marketing deals with gambling businesses.

The Rabbitohs and Bulldogs have supported the programme for the past two years, displaying Reclaim the Game branding at all home games.

According to the NSW government, since forming the two partnerships, members and fans have shown a marked increase in awareness of GambleAware responsible gambling services. It said around one in three Rabbitohs and Bulldogs supporters are aware of the GambleAwar..

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Louisiana sports betting handle hits $274.8m in February

Players in Louisiana spent $274.8m (£217.8m/€254.0m) betting on sports in February, an increase on last year but 20.7% behind January’s total.

Combined online and retail handle for February was 39.0% ahead of $197.7m in the same month last year. However, it fell short of the $346.3m wagered in January 2024, meaning the Louisiana market shrank for the second consecutive month.

Online betting accounted for $253.1m of all activity in February, with retail wagers reaching $21.7m.

Turning to revenue, for the market as a whole, this amounted to $25.1m. This was 30.7% up from $19.2m in February 2023 but 35.5% short of $38.9m in January.

Revenue from online sports betting totalled $24.3m, with retail’s share at $780,013 for the month.

As for tax, Louisiana generated $3.6m from online wagering and $128,140 retail betting.

Year-to-date handle exceeds $2.20bn in Louisiana

Looking at the state’s year-to-date performance, total handle for the eight months through to the end of February was $..

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