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Illinois sports betting handle drops by approximately $100m in April; revenue at $43.6m

New Jersey and Illinois were the only states with an April handle of more than $500m, but Illinois takes the number two spot after its ps dropped by 15.2%, whereas New Jersey suffered a 13% decrease. According to analysts from PlayIllinois, the drop in wagering was “in line with a typical season slowdown in sports […]

Illinois sports betting handle drops by approximately $100m in April; revenue at $43.6m Read More »

BoyleSports interested in William Hill UK betting shops

The Irish bookmaker says it is interested in “acquiring some or all of William Hill’s UK shops,” in a bid to significantly increase its UK presence. The potential sale of William Hill’s UK stores follows the group’s £2.9bn ($3.7bn) takeover by Caesars Entertainment earlier this year, with the new owners immediately signalling it would focus

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Virginia becomes the fastest state to reach $1bn in sports wagers

The state reached the total just four months after launching, beating Tennessee’s record of hitting $1bn after six months.   PlayUSA.com Analyst, Jessica Welman, said: “The launch of sports betting in Virginia has gone about as smoothly as could have been expected.  “Launching just in time for the Super Bowl got the market off on the right

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Sky Sports Racing signs five-year deal with Newbury Racecourse

The five-year deal will see all fixtures operated by Newbury Racecourse distributed to the retail betting sector via The Racing Partnership (TRP) from 1 April 2023.   The channel currently represents the betting rights for horseracing fixtures at all 16 Arena Racing Company (ARC) racecourses, as well as Fakenham, Hexham and Newton Abbot.   From January 2024, Sky Sports

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Sportradar signs extended agreement with French Basketball League

The new agreement will cover data collection, distribution, AV rights, bet monitoring and continuation of the OTT platform. The multi-year deal will start from the upcoming 2021/22 season and will see Sportradar become the official data partner of the LNB. Since the 2020/21 season, Sportradar has distributed the LNB’s media rights internationally and utilised its technological capabilities to create

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Raketech acquires P&P Vegas Group

The company feels that the sports-focused acquisition could help it grow in markets like the US, as it has strengthened its sports footprint within the growing US market.   In addition, the deal allows it to acquire assets like Picksandparlays.net and all assets from QM Media AB, including the cricket betting website Onlinecricketbetting.net which will bring in traffic from India.  

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Paddy Power co-founder labels gambling a “major social problem”

Kenny, who was one of the founders of the Irish bookmaker back in 1988, went on to become chief executive of the company, but left in 2016 “because they refused to do anything meaningful on gambling addiction.” Speaking on RTÉ Prime Time, Kenny said that Ireland is “so far behind in regulating the gambling industry

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Flutter announces Oddschecker sale, appoints Howe as Interim CEO of FanDuel

Flutter has agreed to sell Oddschecker Global Media to Bruin Capital for a total of £155m ($215.2m), with the transaction expected to close in the third quarter of 2021. The Irish bookmaker will receive £135m in cash upon completion, with a further deferred contingent consideration of up to £20m. The group has also appointed a

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“Market share cemented” as New Jersey sportsbooks report $71.3m June revenue

The reported revenue is the highest since sportsbooks posted a record $82.6m in January; the main source of revenue came from parlay betting which made $164.4m.   Online and retail sportsbooks took in $766.9m in bets during June, a 5.8% decrease from May’s $814.3m. June’s betting produced $10.5m in state and local taxes.   However, June’s total is

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“Importance of communities:” Notah Begay III joins PointsBet as Global Golf Ambassador

He will provide support to PointsBet’s diversity initiatives and contribute to the work on tribal communities. Begay will serve as a crucial link to PointsBet Partners: NBC Sports and Golf Channel.    Begay’s unification with PointsBet is part of the team’s commitment to expand golf as a respected sport, providing its fans with enticing sports betting offerings and insights.  In the company’s efforts

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