Betting News – Page 64 – FairOdds Network

July 5, 2023

Sportradar wins bid for CONMEBOL data rights

Sports data analytics and technology business Sportradar has announced that the continental governing body of South American football, CONMEBOL, has chosen the business as its new betting data rights partner.

The outcome of the competitive bidding process will see Sportradar become CONMEBOL’s exclusive audio visual and betting data rights partner.

The multi-year deal covers the worldwide rights for three CONMEBOL football competitions – the Copa Libertadores, the Recopa Sudamericana and the Copa Sudamericana. Under the terms of the agreement, the rights will run for the next four seasons.

Sportradar and CONMEBOL strengthen relationship

CONMEBOL’s secretary-general, José Astigarraga, said the organisation was “glad” to strengthen its relationship with Sportradar.

“We are sure that the prestigious CONMEBOL club tournaments, with more than 60 years of history, will be a great showcase to be able to get closer to the true fans of South American football,” he added.

since 2019, sport..

July 5, 2023

Soft2Bet to enter Romania with new licence

Online gambling operator Soft2Bet is to expand into Romania after securing a new licence in the country.

Issued by national regulator Oficiul National pentru Jocuri de Noroc (ONJN), the licence will cover online casino and sports betting.

Soft2Bet said the licence would support its ongoing expansion into regulated markets across Europe and worldwide.

The operator also recently secured approval in Greece, Ireland, Denmark and Sweden,

“We consider the Romanian market as one of the pivotal markets for establishing our foothold in Eastern Europe,” Soft2Bet’s general counsel, David Yatom said.

“Acquiring a local Romanian operating licence marks an important step in our strategic expansion, building upon Soft2Bet’s success in other European markets.

“Stay tuned for more exciting developments in the near future.”

July 5, 2023

2023 Wimbledon Odds Tracker powered by Kambi

July 5, 2023

Azartia Games secures Portuguese licences

Azartia Games, the company behind the Golden Park brand, has secured two new online gambling licences in Portugal.

The licences will enable Azartia Games to offer online sports betting and games of chance in the country. Azartia will operate via the Goldenpark.pt website.

Both licences were issued by national regulator Comissão de Jogos do Turismo de Portugal (SRIJ).

Azartia joins a host of other brands in securing approval to offer online gambling in Portugal. Other licensed operators include 888, Betway, Bwin, PokerStars and Betclic.

Another approved operator is Casino Solverde, which this week had its licence renewed.

Casino Solverde can continue to offer online sports betting to players in Portugal, as well as a range of casino games.

The casino games available at Casino Solverde include slots, blackjack and French roulette.

Market growth

The news comes after SRIJ last month announced growth in Portugal’s online betting and gaming market in Q1.

Gross gaming revenue (GGR)..

July 4, 2023

Ohio’s sports betting tax rate doubles to 20%

Ohio governor, Mike DeWine, has raised the state’s sports betting tax rate to 20% in his 2024-25 executive budget.

This means that all licensed sports betting operators in the state will have to pay double the initial agreed tax of 10% on sports betting revenue from 2024 onward.

DeWine is set to sign the raise into the budget this week.

Read the full story on iGB North America

July 3, 2023

Arizona handle slips 16.9% month-on-month on April

Sports betting handle in Arizona fell month-on-month during April, although the $535.7m wagered by players was up year-on-year.

The monthly handle was 4.5% ahead of $512.9m in April 2022 but 16.9% less than $644.8m in March of this year.

Of this total, $531.2m was spent betting on sports online, while just $3.7m was wagered at retail sportsbooks across the state.

Consumers won $486.5m from betting, leaving $48.0m in adjusted gross event wagering revenue before free bets. This was 64.4% ahead of $29.2m last year but 10.1% behind $53.4m in March this year.

Read the full story on iGB North America

June 30, 2023

Industry bodies to release women’s sports study at iGB Live

The International Betting Integrity Association (IBIA), All-In Diversity Project (AIDP), Entain, Flutter and Stats Perform are set to unveil the results of a new study on women's sports at iGB Live this year.

The 2023 edition of iGB Live will take place from 12-14 July in the RAI, Amsterdam.

The study is entitled Breaking Barriers: Assessing Women’s Sports Growth, Betting Trends and Integrity Challenges. It was conducted by the German Sport University Cologne.

The results will be presented by Henry Steinfeldt, professor at the German Sport University Cologne on 12 July at the event. This will then be followed by a discussion with Vasileios Bountzouklis, commercial manager of betting at Stats Perform and Silvia Paleari, director of public affairs at IBIA, which will be chaired by Christina Thakor-Rankin, co-founder of the AIDP.

The study examines economic developments across five women’s sports – soccer, cricket, tennis, basketball and volleyball. It also looks at betting trend..

June 30, 2023

RI sports betting handle slips to 10-month low in May

Consumer spending on sports wagering in Rhode Island fell to its lowest total in 10 months during May.

Players bet $30.8m on sports, down 25.1% from $41.1m in May 2022 and 17.9% less than $37.5m in April this year. This was also the lowest amount since $27.7m was bet during August last year.

Some $22.4m was wagered online, while $8.4m was spent betting at retail sportsbooks. The latter was split $4.8m at Twin River and $3.5m at the Tiverton Casino.

Revenue for the month amounted to $3.9m, up 69.6% from $2.3m last year and 30.0% more than $3.0m in April 2023.

Read the full story on iGB North America

June 30, 2023

CFL signs FanDuel as first authorised gaming partner

Flutter Entertainment-owned FanDuel Group has entered a partnership with the Canadian Football League (CFL).

Under the deal, FanDuel will become the league’s first authorised gaming operator and an official sportsbook partner.

Consumers in Ontario will be able to place bets on the CFL through FanDuel. The operator secured a licence in the province ahead of it launching its legal sports betting market last April.

Betting market include in-game player props, such as anytime touchdown scorer and a range of various futures bets.

Read the full story on iGB North America

June 30, 2023

NFL suspends more players for breaching betting rules

The National Football League (NFL) has suspended another four players for breaching rules on betting.

Isaiah Rodgers and Rashod Berry, both of the Indianapolis Colts, were suspended until at least the end of the 2023 season. Free agent Demetrius Taylor was also banned for the entire 2023 campaign.

All three players were found to have placed wagers on NFL games during the 2022 season. They can petition for reinstatement at the end of the upcoming 2023 campaign.

Meanwhile, Nicholas Petit-Frere of the Tennessee Titans was handed a six-game suspension for betting on non-NFL sports at the club facility.

Read the full story on iGB North America

June 29, 2023

Nevada gambling revenue reaches $1.29bn in May

Gambling revenue in Nevada in May amounted to $1.29bn, a slight decline on the previous year but a month-on-month increase of 11.2%.

Revenue in the state was 0.8% lower than $1.30bn in May 2022 but ahead of the $1.16bn generated in April this year.

Slots remained by far the primary source of revenue for operators, drawing $877.9m worth of revenue, up 0.9% year-on-year. Multi-denomination slots accounted for $501.3m of this total, with penny slots generating $285.9m.

Revenue from table, counter and card games slipped 4.4% to $411.2m, with declines across almost all gambling types.

Read the full story on iGB North America

June 29, 2023

Epic and Entain to educate MLS players on gambling harm

Epic Risk Management and the Entain Foundation US charitable arm of Entain have linked up on a new initiative to educate Major League Soccer (MLS) players about gambling harm.

Under the deal, Epic and Entain will work with the Major League Soccer Players Association (MLSPA), the collective bargaining representative for MLS players.

The three-year programme will include customised gambling harm education and awareness programmes and advisory resources.

Epic will deliver gambling harm prevention education and awareness workshops. It will also make prevention resources, advisory resources and content available to the entire MLSPA membership.

Read the full story on iGB North America

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