Connecticut has shattered its sports betting revenue record with a remarkable $30.3 million in gross revenue for November, setting a new high just a month after breaking the wagering record. The state's three online sportsbooks and two retail wagering locations have proven their increasing success, marking a new milestone in the state's expanding sports betting…
Welcome to the Weekend Report, where we bring you key stories you might have missed from Friday through Sunday. This week, a former Premier League footballer faces 20 years in prison for match-fixing, Norway’s Norsk Tipping boosts sports funding, Veikkaus secures a fresh ice hockey deal, and Zeal Network celebrates a quarter-century milestone.
Former Premier League…
Cypriot MPs have passed a contentious bill raising the betting levy from 3% to 4.5% of net earnings, aiming to funnel additional funds into football clubs and youth academies. The decision, approved by a narrow margin—27 votes for and 25 against—has ignited both support and sharp criticism across political and public circles.
The additional levy revenue…
Matt Zarb-Cousin, the co-founder and director of external affairs at Gamban, has urged that horse racing be exempt from the UK’s newly introduced affordability checks, arguing that the sport is being unfairly grouped with higher-risk betting activities like online casinos and slots.
Growing Tension Over Affordability Checks
The UK Gambling Commission launched its financial risk checks…
Governor Kemp Celebrates Expansion of PrizePicks, a Company Operating in a State Where Sports Betting is Still Illegal
Governor Brian Kemp officially inaugurated PrizePicks' expanded headquarters in Atlanta on Thursday. The event marked a significant milestone for the company, even as Georgia continues to hold firm against legalised sports betting. Despite the legal barriers, PrizePicks has…
Nevada gaming regulators are contemplating a significant shift in their oversight of sports wagering. At the heart of the discussion is whether third-party sports-data providers—entities increasingly vital to the betting ecosystem—should be licensed under state regulations. A recent workshop hosted by the Nevada Gaming Control Board sparked debate on the topic, with potential changes on…
SBC, a leading media and events company for the betting and gaming industry, has announced its first-ever Earnings & More: Capital Markets Forum, to be held at the New York Stock Exchange on May 6, 2024. The event, organized in collaboration with Earnings+More, will bring together 200 attendees from investment banks, M&A and strategic advisory…
Hacksaw Gaming, a leading provider of online slot games, has announced a new partnership with JOI Gaming, the online division of JVH Gaming & Entertainment Group, the market leader in land-based casinos in the Netherlands. The deal will see Hacksaw Gaming supply its portfolio of games to JOI Gaming’s online casino brand, JACKS.NL, which launched…
Oklahoma Governor Kevin Stitt has proposed a plan to legalize sports betting in the state, but his plan has met with resistance from both tribal and legislative leaders. The plan would allow in-person sports betting at tribal gaming sites, as well as online sports betting through the state lottery. However, the tribes argue that the…
BetMGM, the leading sports betting and gaming platform in the U.S., has announced the launch of its new and improved mobile sports betting app in Las Vegas, the Sports and Entertainment Capital of the World. The app, powered by Entain, offers sports fans a number of enhancements to the mobile sports betting experience, such as…