New York’s Milestone Achievement in Sports Betting New York’s sports betting industry reached new heights in November 2024, setting an all-time record for gross gaming revenue (GGR). The New York State Gaming Commission reported a staggering $231.7 million in GGR, a 53.5% increase from November 2023 and a 9.5% jump from January 2024’s previous record […]
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The Impact of Player Involvement on Online Betting: Lessons from Ryan Rainey’s Suspension
Betting Breaches in Football The intersection of football and gambling has long raised concerns, particularly when players themselves become involved in betting activities. The recent suspension of Ryan Rainey, a former Finn Harps midfielder from the League of Ireland, highlights how these breaches can affect not only individual careers but also the wider conversation about […]
Missouri Clears Path to Sports Betting in 2025
Voters Narrowly Approve Sports Betting Legalisation Missouri is set to join the growing list of states offering legalised sports betting following the razor-thin passage of a ballot measure with 50.05% voter approval. Certified by state election officials last Thursday, this marks a significant milestone for sports enthusiasts and industry stakeholders. While the constitutional amendment takes […]
Regulatory Intervention: UK’s CMA Mandates Sale of Sporting Index to Maintain Market Competition
In a significant move to preserve competition within the UK’s online sports spread-betting sector, the Competition and Markets Authority (CMA) has instructed Spreadex to divest itself of Sporting Index. This directive comes after Spreadex’s acquisition of the consumer-facing division of Sporting Index from Sporting Group Holding Ltd in November 2023, a merger that positioned the […]
Colorado Votes to Direct Sports Betting Revenue to Water Projects
Colorado voters have overwhelmingly supported Proposition JJ, a landmark initiative that channels the full revenue from sports betting taxes into critical water-related projects. The measure passed with an impressive 76% approval, lifting a prior cap on state-retained sports betting revenue and allowing Colorado to retain every dollar collected. Background on Proposition JJ and Colorado’s Sports […]
New Heights in New York: A Record-Breaking Month for Sports Betting
Overview of Sports Betting Growth in New York In a display of growth, New York State achieved a new record in sports betting handles with a staggering $2.3 billion in October 2024. This milestone surpasses the previous record of $2.11 billion set in November 2023, highlighting the continued expansion of sports wagering in the region. […]
Sportingtech Unveils Cutting-Edge Sportsbook Interface with Enhanced Customization and Speed
iGaming Leader Introduces Revamped Platform Ahead of SBC Summit Latinoamérica Sportingtech, an industry-leading provider of iGaming solutions, has launched a fully revamped Sportsbook interface, setting a new standard for customization, speed, and user engagement. This redesigned platform provides operators with unprecedented control and flexibility, ensuring they can differentiate themselves in the highly competitive betting industry. […]
RotoUnderworld Secures Pre-Seed Funding to Boost Fantasy Sports Innovation
RotoUnderworld, a Fairfield, Connecticut-based firm specializing in fantasy sports analytics, has announced a successful $1.5 million pre-seed funding round. The funding, contributed by a consortium of iGaming aficionados and technological investors, sets the stage for the development of their cutting-edge fantasy gaming platform, FastDraft. FastDraft: A Game Changer in Fantasy Sports According to a recent […]
Thailand Considers Major Revisions to Casino Bill Following Public Feedback
Entertainment Complex Bill May Be Renamed and Expanded as Nation Moves Towards Integrated Resorts Public Hearings Shape Casino Bill Revisions Thailand’s efforts to establish integrated resorts featuring casinos have entered a new phase, with public hearings providing significant input on the proposed legislation. The Fiscal Policy Office (FPO) has gathered 45 key recommendations based on […]
Ute Tribes Take Legal Action Against Colorado Over Online Sports Betting
The Ute Mountain Ute Tribe has joined forces with the Southern Ute Indian Tribe in a legal dispute with the state of Colorado. Both tribes claim they have been unfairly denied access to the online sports betting market, an economic opportunity they argue was guaranteed under long-standing agreements with the state. They are now seeking […]