Betting News – Page 94 – FairOdds Network

May 19, 2023

Soft2Bet lands betting and casino licences in Greece

Software solutions provider Soft2Bet has secured betting events and casino games remote gaming licences in Greece.

Issued by the Hellenic Gaming Commission’s Gaming Supervision and Control Commission (EEEP), the licences will enable Soft2Bet to roll out its online betting and casino products in the country.

The Greek licences follow recent approvals in Ireland, Denmark and Sweden, and form part of the provider’s wider growth plans in Europe.

Soft2Bet also said the approvals support its ongoing focus of operating in more regulated markets around the world.

“The issuance of our betting events and casino games remote gaming licences in Greece is a terrific step forward for us,” Soft2Bet’s group general counsel, David Yatom, said. “We view this as a springboard for further growth and are excited to pursue additional licence opportunities in the near future.

“Soft2Bet remains focused on and committed to expanding its operation and bringing our exceptional gaming experience to even fur..

May 18, 2023

The Gaming Society launches second WNBA prediction game

Women’s sports betting platform Gaming Society has released its second annual free-to-play predictor game in partnership with the Women’s National Basketball Association (WNBA).

The W Prediction Game Presented by Gaming Society was released today (18 May), ahead of the 2023 WNBA season.

The game will allow fans to make predictions on WNBA match-ups throughout the 2023 season, utilising the Weekly Pick ‘Em and Live Gamification prediction games.

Read the full story on iGB North America

May 18, 2023

MS sports betting revenue up despite handle dip in April

Mississippi experienced a year-on-year increase in sports betting revenue in April despite reporting a decline in handle.

Player spending for the month amounted to $31.8m, which was 10.4% lower than $35.5m in April 2022 and also 31.9% down from $46.7m in March of this year.

However, revenue reached $4.3m, which was up marginally from $4.2m in the same month last year but 14.0% lower than $5.0m in March.

Read the full story on iGB North America

May 18, 2023

PA gambling revenue reaches $476.7m in April

Gambling revenue in Pennsylvania climbed 3.3% year-on-year in April but fell short of the monthly record set in March.

Total market revenue for the month amounted to $476.7m, up from $461.6m in April 2022 but 7.5% lower than the record $515.3m in March of this year.

Land-based slots, the primary source of revenue for the state, declined 2.2% year-on-year to $213.0m. Retail table games also slipped 7.8% to $84.4m.

In contrast, online casino gaming revenue jumped 21.3% to $137.2m. Internet slots revenue was up 24.7% to $95.6m and igaming tables revenue climbed 16.1% to $38.9m, although ipoker revenue slipped 7.0% to $2.7m.

Hollywood Casino at Penn National retained top spot with $58.5m in total igaming revenue. Valley Forge Casino Resort was second with $31.2m, then Rivers Casino Philadelphia on $26.1m.

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May 18, 2023

Brentford’s Toney banned for eight months over betting breach

The English Football Association (FA) has issued an eight-month ban to Brentford striker Ivan Toney after ruling he breached its betting rules.

The ban is effective immediately and will run through until 16 January 2024, with Toney not permitted to return to training with his club until the final four months of the ban, beginning 17 September.

Toney, who has been capped by England once, was charged with 262 breaches of FA Rule E8 between 25 February 2017 and 23 January 2021. The FA subsequently withdrew 30 of these breaches and Toney admitted to the remaining 232.

FA Rule E8 states any player, match official or coach must not bet, either directly or indirectly, on any matters related to football anywhere in the world.

News of the alleged breaches first broke in November when Toney posted a message on his social media account saying he was assisting the FA with an investigation.

Shortly afterwards the FA confirmed it had identified an initial 232 breaches before more breaches wer..

May 17, 2023

Caesars to launch in Kentucky after Keeneland and Red Mile racetracks deal

Caesars Sportsbook has partnered with Keeneland and Red Mile racetracks ahead of the launch of sports betting in Kentucky.

As part of the agreements, the sports betting platform will gain market access for mobile sports betting in the state. The agreements will also kick off plans to open brick-and-mortar retail sports betting locations in Central Kentucky, which will be subject to approvals from the Kentucky Horse Racing Commission.

Kentucky’s governor, Andy Beshear, signed sports betting into law last month.

Read the full story on iGB North America

May 17, 2023

Michigan revenue takes a tumble after record-breaking month

Commercial and tribal operators in Michigan generated $195.7m ($156.9m/€180.7m) from online and sports betting receipts in April, down by 9.5% compared to March.

Online gaming contributed $159.4m to this, compared to the $171.8m record achieved in March. Gross sports betting receipts fell by 18.6% to $36.3m.

Adjusted gross receipts, which account for promotional spending, combined to total at $167.9m. This was made up of $143.4m from online gaming and $24.5m from sports betting.

Read the full story on iGB North America

May 17, 2023

NJ gambling revenue up 9.5% in April despite slots decline

Gambling revenue in New Jersey increased 9.5% year-on-year in April despite a drop in slot machine win, the state’s primary source of gaming revenue.

Total revenue for the month reached $462.7m, up from $422.5m in April 2022 but 5.1% behind the $487.4m generated in March of this year.

All areas of the market experienced year-on-year growth, with the exception of land-based slots where revenue fell 3.2% to $169.7m. Retail table games revenue edged up 2.9% to $61.8m, but the slots decline meant total land-based revenue fell 1.6% to $231.5m.

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May 17, 2023

Independent evaluator bill approved in Maryland

A bill that would require Maryland’s Lottery and Gaming Control Commission to instal independent evaluators to assess sports betting content has been signed by the state’s governor.

Governor Wes Moore approved bill SB621, which will become effective on 1 July 2023. Maryland’s sports betting market opened on 23 November 2022.

The content assessed by the evaluators will be that produced by sports betting experts, influencers and content partners.

Read the full story on iGB North America