A multi-million-dollar deal was announced in the online betting world this week, after Entain agreed to purchase the Dutch-based online sports betting group, BetEnt BV. A total purchase price of $885 million was agreed. If all goes according to plan, the deal is expected to be finalized by the second half of this year. Entain […]
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Disappointing April Performance for Danish Sports Betting
The Danish Gambling Authority issued an update of the country’s sports betting market, showing that year on year revenues for the month of April 2022 declined by 16.6%. The industry was informed that takings on sports betting fell from DKK 222 million in April 2021 to DKK 266 million in April this year. Nevertheless, it […]
Ohio Set to Welcome Major Sportsbooks When Industry Goes Live
The seventh most populous state in the US is set to welcome in a new legal and regulated sports betting industry by January 1st, 2023. Already, players are waiting impatiently to see which operators will launch in the new market. Industry experts say that the opening party will be huge, with multiple operators due to […]
Caesars Enters New Partnership with Omaha Productions
The entertainment business founded by iconic NFL player, Peyton Manning, Omaha Productions, has signed a lucrative deal with Caesars Entertainment. Caesars has stressed that this is not a sponsorship deal, but rather a strategic partnership that will see the two entities launch the Omaha Audio Network that will host a series of podcasts. They also […]
TheScore to Exit US, Focus Only on Canada Sports Betting Market
Penn National Gaming has confirmed that its sports betting brand, theScore, which it purchased last year, will be exiting the US market. TheScore will focus on the Canadian sports betting market, where it is stronger, while Penn National’s other brand, Barstool, will remain to service US players. These plans were announced by the president […]
Good News for Virginia Sports Betting Revenue
The Virginia Lottery, the official gambling authority for the state, said that sports betting handle and sports betting revenue increased year-on-year in April, 2022. The rise in spending came in part because more licensed operators became active in Virginia over the past year. In April 2021, there were only seven operators offering their products in […]
Sports Betting to Come to Ohio in 2023
The Ohio Casino Control Commission announced recently that players will be able to place their first bets on sports via apps or at in-person retail sportsbooks starting January 1st, 2023. According to the authority, there will be three ways to place a legal bet in Ohio: Restaurants, bars or bowling alleys have the right to […]
New Executives at FuboTV Betting Operator Announced
The sports streaming service and betting operator, FuboTV has detailed the appointment of new executives to take on important roles as the company expands into new and existing markets. Ben Grad After joining FuboTV in 2017, Ben Grad has worked in a number of roles at the group, most recently as senior VP of content […]
New Hampshire Reports on 57.5% Growth in April Sports Betting Handle
In April, 2022, players in the state of New Hampshire bet $73.1 million on sports events, according to the Lottery. This was up 57.7% year on year (ie. compared to the same month last year). The amount was 7.2% lower than what state gamblers bet during March 2022, when they spent $78.8 million. This is […]
Poker Pro Cory Zeidman Arrested, Charged with Sports Betting Money Laundering
Cory Zeidman, the 61-year-old professional poker, was arrested yesterday on charges of fraud and money laundering in a sports betting scheme. He was charged with receiving $25 million from victims who believed that Zeidman’s company had insider information on sports events and paid to receive this data to better their chances when betting on sports. […]