Thursday, February 2, 2023

Tag: United States

New Yorkers smash US records betting $500m a week

New Yorkers smash US records betting $500m a week
Within just two weeks of launching a regulated mobile betting market, New York had already hit the US record for an entire month: over a billion dollars in just 16 days, and with only five of nine operators in the mix. By the end of week five the state had handled almost $2.5bn.

Sports betting spending spree pushes investors to the brink

US betting boom sports
With the world’s leading gaming companies all-in for a slice of the US betting boom, an early zeal among investors is giving way to the exorbitant realities of backing your horse all the way to the finish line. If 2021’s market caps are anything to go by, many financiers are already giving up the chase.

Armadillo Studios and Amanda Nunes enter new branded games partnership

EveryMatrix Amanda Nunes partnership
American-facing Armadillo Studios has just signed a new partnership with the famous Brazilian professional mixed martial artist Amanda Nunes.

EveryMatrix releases Interim 2021 Financial Report

EveryMatrix interim report
B2B iGaming technology provider EveryMatrix has released its Interim Financial Report covering its performance in the first nine months of 2021 (Q1 to Q3).

IGT creates dedicated betting and igaming branch

IGT creates dedicated betting and igaming branch
International Game Technology (IGT) is creating a specialist division for betting and digital gambling to tap into the unfolding online market across the US and elsewhere.

Acquisitions, ad spend spiral in race for top tier

Sports Betting US Betting firms advertising
In a scramble for customers through the 2021- 2022 sports season, US betting firms enter an escalating imperative to bulk up and splurge on advertising before winners and losers set in.

EveryMatrix inks U.S. payments agreement with Nuvei

EveryMatrix Nuvei strategic partnership
B2B iGaming provider EveryMatrix enters a new partnership Nuvei, a leading global payment platform providing fast and instant deposits and withdrawals to support players in the U.S. iGaming market.

Reflex Gaming sets sights on US market

Reflex Gaming sets sights on US Market
Reflex Gaming, the UK-based omni-channel gaming provider, is excited to announce that they have their sights set on the US market and have partnered with ODDSworks.

EveryMatrix and Kindred sign games distribution agreement for the U.S.

EveryMatrix & Kindred
Gaming technology supplier EveryMatrix and global gambling operator Kindred Group have completed an agreement for casino content distribution across the U.S.

Betting boom gives unloved Yahoo new lease for life

Yahoo sports betting
No sooner had Verizon declared that sports betting would be the key to unlocking the potential of its dwindling subsidiary, Yahoo, than Apollo Global Management paid $5bn to take it off them and do exactly that.

Firms ready for battle in New York mobile betting tender

New York online sports bettiing licences
The New York governor’s eventual submission to online sports betting marks a major milestone in the state-by-state roll out of the new sector - and the site of a fierce bidding war for one of only a handful of America’s most prized licences

Mobile sports betting in NYC by football season

New York online Sports betting autumn
Online sports betting should be coming to New York by the autumn, legal experts predict, as both houses approve budgets with betting on the books.

EveryMatrix appoints Staffan Cnattingius as Latin America commercial lead

EveryMatrix appoint Staffan Cnattingius
iGaming supplier EveryMatrix announces the appointment of Staffan Cnattingius as its new Director of Business Development for Latin America markets.

Growth to bolster U.S. expansion

EveryMatrix iDEA
EveryMatrix, leading turnkey, sports, and casino supplier, joins iDevelopment and Economic Association (iDEA) to strengthen its position in the United States market

Trump-era Wire Act interpretation overturned in appellate court

Wire Act interpretation overturned US
In the first days of the new US administration, justices of the First Circuit Court of appeals have overturned efforts by its predecessor to turn the 1961 Wire Act into an federal online gambling ban. Digital lotteries, poker and other casino products can now resume with confidence - although interstate sports betting remains in legal limbo for now.

RG24seven Announces Partnership with GVC Holdings to Provide Responsible Gaming Training

Wendy Anderson RG24seven
RG24seven, the world’s only, video-based Responsible Gaming training platform is pleased to announce a partnership with GVC Holdings (GVC) to provide Responsible Gaming training for US staff.

EveryMatrix recruits Erik Nyman to establish US presence

EveryMatrix appoints Erik Nyman
Technology provider EveryMatrix recruits iGaming executive Erik Nyman to join its Leadership Team and lead the opening of the company’s first US office.

Operators rally for US national and state lotteries to go digital

US lottery ticket sales digital Spinola Gaming
Ade Repcenko, CEO of Spinola Gaming, believes that an upgrade to online sales is indeed the only way forward for the US lottery sector.

California backtracks on betting after tribal veto

California state senate backtrack betting tribal
A flurry of activity to get sports betting on the books in California in June has come to nought after heavy oppositions from tribal stakeholders.

Departing Michigan governor vetoes online gambling

UNITED STATES, LEGISLATION, Michigan, online gambling
The outgoing Governor of Michigan has vetoed a bill approved by the state legislature which would have legalised intrastate online gambling for commercial and tribal casinos. Bill HB 4926, set to regulate casino games at a competitive tax rate of 8 percent GGR, was overturned by the official during his last days in office. “I do not think it is appropriate...

Missouri set to discuss sports betting ‘royalty fee’ to league bodies

Missouri,UNITED STATES, sports betting, nba,nfl
Missouri Republican Representative Cody Smith has submitted a proposal to the state’s legislature to consider the payment of royalty fees to national sports leagues. House Bill 119, set to be discussed in the House’s 2019 session, suggests a

Rush for Pennsylvania licenses boosts official coffers

usa, licences, PENNSYLVANIA
The Pennsylvanian gambling market has generated $385m for the government’s General Fund, since the October 2017 legislation which legalised sports and online lottery in the state. The figure, revealed as part of a PlayUSA report which combined

Vegas Kings integrate BetConstruct technology for bespoke online design

Las Vegas, nevada, BETCONSTRUCT
BetConstruct has signed an agreement with igaming digital creative agency Vegas Kings to integrate its technology into the firm’s game development process. The software developer will grant Vegas Kings access to its APIs and SlotBuilder

Nektan flags US market entry as revenue grows 65 percent

Nektan has confirmed it will enter the US market before the end of this year as part of a Q318 trading update which revealed net gaming revenue of $8.3m. The figure marks a 64.6 year on year rise for the gambling software provider, and comes ahead

Sky’s the limit for William Hill with Golden Entertainment expansion

William Hill has announced a sports betting partnership with US casino operator Golden Entertainment, expanding its reach into Maryland and Montana, as well as broadening its extensive Nevada offering. The 100 locations already managed by the British bookmaker in the Silver State will be bolstered by five Golden Entertainment properties, including the Stratosphere Casino, with the agreement set to be...

Unregulated states warned of being left behind by Delaware regulator

The director of Delaware Lottery has urged fellow state lottery regulators to embrace sport betting, after the government-body recorded almost $17m in wagers for September alone. The comments came as Vernon Kirk addressed the annual North American…

NHL predicted over $200m in sports betting business boost

The American Gaming Association has predicted the National Hockey League could benefit from over $200m in additional annual revenue should it fully engage with sports betting. The report, made in conjunction with Nielsen Sports, follows a similar…

Desert Rose Bingo ruled to be outside jurisdiction of Iipay Nation

Desert Rose Bingo, the online domain operated by the Iipay Nation of Santa Ysabel tribe, has been ruled as an illegal gambling site by the US Court of Appeals for the Ninth Circuit. The court cited an issue of first impression, regarding an intersection of the Unlawful Internet Gambling Enforcement Act and the Indian Gaming Regulatory Act. “The UIGEA does not...

NFL set for $2.3bn annual windfall from sports betting regulation

The American Gaming Association has predicted the regulated US sports betting market could boost NFL annual revenue by up to $2.3bn, following a review into the future of the industry by Nielsen Sports. The study, commissioned by the association to assess the profitability of sports betting, states that media and sponsorship deals could significantly enhance the league’s takings. “So much time...

CBS launches sports betting programme as US fanbase grows

American Football
CBS Sports, part of CBS Networks, has launched a new interactive TV programme designed to deliver DFS and sports betting content for US bettors and fans. The sports broadcaster, home to NFL matches, NCAA March Madness games and The Masters…