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OLBG survey: 65% of bettors would refuse to face affordability checks if asked

Listen To Article The survey, carried out by YouGov on behalf of OLBG, interviewed 1,007 bettors on the topic of affordability checks. So it has to be noted this is a small sample size. Out of the 21.8% of bettors that had been asked to submit documentation to at least one bookmaker, 74.3% had provided […]

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Massachusetts regulators to discuss penalties for illegal sports wagers at MGM Springfield, Encore

Listen To Article In-person betting has been live statewide for the past month. Since opening the market, Massachusetts’ three casinos have reported that patrons were able to place illegal bets while visiting the venues. The recent reports prompted an investigation by members of the Massachusetts Gaming Commission. According to the investigation, more than $1,200 in

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PointsBet hires Moelis & Company to sell its North American operations

Listen To Article This comes as the business has failed to increase its market share in the United States. The company, which is reportedly the seventh-largest sports betting operator in the country after DraftKings and FanDuel, has struggled to acquire market share in the US. In a statement, PointsBet said: “We believe further industry consolidation

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SCCG Venture Fund I announces investment in BettorFantasy

Listen To Article BettorFantasy is a client-partner of SCCG Management that specialises in fantasy sports betting. The operator provides a platform for fantasy leagues, game modes and experiences, with an app currently in development. Sahil Patel, CEO and Co-Founder at BettorFantasy, said: “At BettorFantasy, our mission is to unite friends all year long through the

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Sportradar nominates two more Board executives

Listen To Article During Sportradar’s annual general meeting in Switzerland, both Rajani Ramanathan and William Kurtz are being considered by the Board. The pair have worked across multiple fields during their careers, with Ramanathan serving as a member of the Board of the ESI Group, which deals with prototype software and solutions services. Between 2000-2014,

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Sportradar agrees new partnership with World Aquatics

Listen To Article Sportradar Integrity Services has partnered with World Aquatics, which will see the betting company’s subsidiary monitor water polo games. The deal is initially valid for two years, with over 450 matches being monitored as part of the deal. The Men’s and Women’s Water Polo Tournaments at the World Aquatics Championships, the Men’s

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WNBA joins AGA’s ‘Have A Game Plan. Bet Responsibly’ campaign

Listen To Article The Women’s National Basketball Association (WNBA) has joined American Gaming Association’s (AGA) ‘Have A Game Plan. Bet Responsibly’ Campaign to promote responsible sports betting. The WNBA also joins the National Basketball Association (NBA) as a ‘Have A Game Plan’ partner. The league will instruct its followers on ethical sports betting by offering

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Entain pays AU$13,320 infringement notice after accepting illegal bets

Listen To Article Entain has paid an infringement notice of AU$13,320 (US$8,771) in Australia after it was issued with the maximum fine possible – following the news that two of its brands accepted illegal bets. The Australian Communications and Media Authority (ACMA) issued the punitive sum after it discovered that Ladbrokes and Neds had accepted

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Q1 2023: EveryMatrix reports net revenue of €23.5m

Listen To Article EveryMatrix’s first quarter sales increased 21% quarter-on-quarter and 69% year-on-year, totaling €23.5m ($25.9m). This is the sixth consecutive quarterly rise in a row. The increase in Q1 revenue led to record earnings. EBITDA increased by 119% to €10.5m, with a three-year compound annual growth rate of 39%. Additionally, EBITDA, or net revenue

Q1 2023: EveryMatrix reports net revenue of €23.5m Read More »

DraftKings posts $769.6m in revenue, though its net loss totals $397.1m

Listen To Article DraftKings has posted its Q1 financial results, showing that it made $769.6m in total revenue – up 84% from 2022’s $417.2m. Meanwhile, its adjusted EBITDA sat at a $221.6m loss, an improvement over Q1 2022’s $289.5m. However, this is a trend that is frequently seen with DraftKings, as it drives significant amounts

DraftKings posts $769.6m in revenue, though its net loss totals $397.1m Read More »