Dallas Mavericks and the team’s owner Mark Cuban have announced they will now accept Bitcoin to purchase both tickets and merchandise. The agreement makes Dallas the second team in the NBA to accept Bitcoin as a method of payment. Last year Cuban already hinted that fans would be able to …
Read More »Cambodia moves to ban online gambling
The Cambodian Government has announced that it is to stop issuing new online gambling licences in the country with immediate effect. Existing online licences, estimated to be more than 150, will remain valid but won’t be renewed once they expire. As part of an effort to clamp down on illegal …
Read More »Iowa enters US sports betting party
Iowa became the 11th US state to launch regulated sports betting, with eight of the region’s 19 casinos debut on the first legalized day. The remaining casinos are expected to have fully operational sportsbooks in time for the beginning of the 2019 NFL season in the fall. Compared with other …
Read More »FanDuel lands gaming deal with MLB
North America’s Major League Baseball has agreed to a multi-year partnership with FanDuel, the US fantasy sports company, which becomes an official gaming partner of the MLB. Through the multi-year agreement, FanDuel will gain access to official MLB data, as well as team branding and logos, for use across its …
Read More »Gambling industry faces major financial hit in Germany
The German state of Hesse began preparations to start the process of awarding the country’s sports betting licences, with analysts warning that operators could see up to 70 per cent of revenue disappear as a result of the restrictive operating model. More than 200 company representatives attended last week informational …
Read More »GiG maintains global plans despite difficult H1
Gaming Innovation Group (GiG) is targeting expansion across regulated and soon to be regulated markets, as Swedish troubles and a customer contract termination impacted H1 revenues. Publishing its first interim results as a Stockholm-listed enterprise, GiG records H1 2019 group revenues of €63 million, down 14 per cent on corresponding H1 …
Read More »New Jersey sports betting to surpass Nevada again
New Jersey’s regulated sports betting market has seen revenue leap to $17.9m in July. It’s more than four times the sum they generated in the same month last year and a significant improvement over the $9.7m that licensees earned in the previous month. However, New Jersey’s 11 licensed betting operators reported a total …
Read More »GVC raises full-year guidance after strong H1
GVC Holdings has upgraded profit guidance for 2019 for the second time, after making “very good progress in the first half of the year”. London-listed betting and gaming operator has reported a ‘Pro-forma’ revenue of £1.81 billion (€1.96bn). This represents a 5 per cent year-on-year rise if Ladbrokes Coral’s pre-acquisition figures …
Read More »Suspicious betting decrease in football
The Global Football Report 2019 has revealed that suspicious betting patterns in the sport have decreased following a year-long data study which spanned 62,250 football matches played across 115 countries in 6 continents. The report, which was was released by the working partnership of Stats Perform’s integrity unit, Starlizard Integrity Services and TXODDS, found out that …
Read More »Ladbrokes won’t renew SPFL sponsorship
The Scottish Professional Football League (SPFL), the organizer of the top four soccer divisions in the country, is in the market for a new title sponsor after betting company Ladbrokes opted not to extend its deal beyond the current season. Ladbrokes has been the title’s sponsor of Scotland’s four professional …
Read More »China unhappy with Philippines gambling
China has expressed concern with Philippine gambling operators posing a threat to both Chinese citizens and the Chinese government’s efforts to reduce crime. Gambling could be one of the hot topics when the leaders of both countries meet later this month. Last week, Chinese state-run media reported that its embassy in the …
Read More »ComeOn launches AI responsible gambling tool
Igaming operator ComeOn, in collaboration with data science specialist Neccton, has utilized artificial intelligence technology to develop its new responsible gambling tool. The tool has been developed in collaboration with psychology academics. It ensures that it tracks player data, detects risk patterns, changes in behaviour as well as flags signs of problem gambling. “At …
Read More »1xBet suspends UK operations following investigation
Online gambling operator 1xBet has suspended its operations on the territory of the UK after an investigation held by ‘the Sunday Times’ into improper conduct. ‘The Times’ reported last week, that the major gambling regulatory body in the country, UK Gambling Commission (UKGC) had launched a probe into the activities of 1xBet, which had operated in the UK …
Read More »Gunman kills five at Chile casino
Last week shootout at local casino near the Chile capital of Santiago resulted in five people being killed and the perpetrator reportedly still at large. Shocking footage of the shooting, which can be watched online, shows gamblers desperately try to flee the carnage in the municipality of Puente Alto, near Santiago de …
Read More »Stars Group results look strong in Q2
Toronto-listed betting and gaming operator The Stars Group has reported a 55 per cent increase in total revenue to US$637.6m for the second quarter of 2019, benefiting from a record performance from its UK-facing Sky Betting & Gaming (SBG) business. The gross profit coming in was reported at $881.5m against $640.5m …
Read More »Inspired revenue hit by FOBT stake cut in Q2
New York-listed gaming supplier Inspired Entertainment has reported a 28 per cent decline in revenue to $26.7m for the second quarter of 2019. The company announced that revenue was negatively impacted by $5.5m following the reduction in maximum stakes on fixed-odds betting terminals (FOBTs) in the UK, with the new …
Read More »Pennsylvania launches VGT self-exclusion program
Pennsylvania has introduced a new self-exclusion program for individuals who wish to withdraw from participating in gambling at video gaming terminals (VGT). The self-help tool introduced by The Pennsylvania Gaming Control Board (PGCB) allows individuals to voluntarily exclude themselves from participating in gambling on VGTs for a 1-year, 5-year, or lifetime …
Read More »Andriy Shevchenko joins BetConstruct as brand ambassador
AC Milan and Ukrainian football legend Andriy Shevchenko has been signed as a brand ambassador for BetConstruct and its data feed subsidiary FeedConstruct. The current manager of Ukraine’s national men’s team, Andriy Shevchenko was one of the biggest names in football for three decades. He was an exceptional goalscorer at Italian club AC Milan, …
Read More »How Will Brexit Impact The UK And European Gambling Industry?
31st October 2019 is the date pencilled in for Brexit – deal or no deal. By the end of October, more than three years will have passed since the UK referendum and yet it still feels as though we’re no closer to knowing what the impact of Brexit will be. …
Read More »Sportradar, NFL expand league data partnership
Sportradar, the international sports data and digital content company, has expanded its existing partnership with North American football’s NFL. The multi-year agreement will see Sportradar exclusively distribute real-time official play-by-play data and Next-Gen Stats (NGS) to sports betting operators in regulated markets in the United States and internationally. The original partnership …
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