Sports
March 14, 2024
Brazil Still Missing a President of Bets and Prizes Secretariat
Brazil’s Minister of Finance, Fernando Haddad, is under pressure to appoint a president of the Secretaria de Prêmios e Apostas (SPA) or Secretariat of Bets and Prizes. The appointment is required as a final step toward the much-anticipated launch of the country’s federal sports betting marketplace. Frustration Rising in the Congress News of the completion […]
Business
March 14, 2024
Genius Sports Empowers Operators with New Free-to-Play Games
Genius Sports Limited, a leading sports data and technology provider, will launch a new suite of interactive free-to-play games to address the customer acquisition and loyalty challenges facing betting operators. Industry practice has shown that such F2P titles can be an effective onboarding tool while bolstering existing user engagement. This development bolsters Genius’ impressive momentum […]
Industry
March 14, 2024
North Carolina May Become a Leading Betting Market, Predicts GeoComply
Ahead of March Madness, North Carolina became the latest state to offer legal online sports betting. The much-anticipated launch became a reality after the state legalized online gambling back in June. Now, there are nearly a dozen licensed online sports betting operators with the list including leading operators such as DraftKings, FanDuel and ESPN BET. […]
Industry
March 14, 2024
Jaguars’ Former Financial Exec Sentenced to $6.5 Years in Prison
A former financial executive of the Jacksonville Jaguars, accused of embezzling some $22.2 million, was sentenced earlier this week. The case involves Jacksonville, Florida resident, Amit Patel, 31, who was employed by the famous NFL team between 2018 and 2023. Investigation uncovered that the embezzlement scheme started in September 2019 and continued through February 2023 […]
Business
March 14, 2024
GAN Limited’s 2023 Financial Report Shows a Year of Mixed Performance
GAN Limited, a NASDAQ-listed gaming solutions provider, announced its financial results for the quarter and full year ending December 31, 2023. Despite a decline in revenue, the company witnessed a reduction in net loss, reflecting a mixed performance for the year. Revenue Dips 17% with B2B and B2C Segments Showing Declines For the fourth quarter […]
Legal
March 14, 2024
Italian Media Regulator Imposes $1.5M Fine on X Over Gambling Ads
Italian media watchdog, Autorità per le Garanzie nelle Comunicazioni (AGCOM), has levied its first fine of €1.35 million ($1.5 million) against X (Formerly Twitter) for violating regulations regarding gambling advertisements. X Faces Penalty for Breaching Italy’s Dignity Decree The sanction stems from the breach of the prohibition on advertising gambling with monetary winnings or games […]
Business
March 13, 2024
Kindred Highlights Achievements in 2023 Annual and Sustainability Report
One of the world’s leading online gambling operators, Kindred Group, released its 2023 Annual and Sustainability report, highlighting a number of accomplished achievements and upcoming goals. Details regarding the report emerged Wednesday with the company confirming that it has enjoyed exceptional results through the fiscal 2023 year. Following strategic objectives Kindred demonstrated not only financial […]
Business
March 13, 2024
Checkd Group Announces New Digital PR Team
Sports betting media and technology service provider that creates sports betting content and technology solutions for global sportsbooks, Checkd Group, has announced it would boost its media division. The group will create a dedicated digital PR team aimed at improving the organic search performance of its main platforms in North America and the UK. Checkd, […]
Business
March 13, 2024
Betting Handle in Indiana Hits $409 Million for February
Despite the positive impact of the Super Bowl last month, sportsbooks in Indiana posted a month-over-month decrease in betting handle and revenue, data released by the gambling regulator in the state, the Indiana Gaming Commission (IGC) reveals. In February, the total reported handle by licensed sports betting operators in the state was $408.7 million. This […]
Sports
March 13, 2024
Lawmakers Propose Changes to Iowa Sportsbook Regulations
Across the US, nearly 40 states currently offer some form of legal sports betting. While the regulated sector benefits local communities and helps generate funds for different statewide programs, the expansion of wagering on sports raises concerns about the integrity of professional and collegiate competitions. Professional leagues such as the NHL, NFL, NBA, MLB and […]
