Colorado players bet $12.10bn on sports in first three years
iGB North America » Sports betting
by Rob Fletcher
16h ago
Consumers in Colorado wagered $12.10bn on sports during the first full three years of legal betting in the US state. Colorado launched its regulated market in May 2020, with the total amount spent covering player bets through to the end of April this year. Of this figure, $11.95bn was wagered online and $146.9m at retail sportsbooks. Gross gaming revenue for the three-year period amounted to $817.0m. Some $808.9m of this came from online betting, while $8.1m was attributed to land-based wagering. Basketball was by far the sport of choice among consumers in Colorado, drawing $2.98m in bets. Foo ..read more
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Churchill Downs suspends racing amid safety concerns
iGB North America » Sports betting
by Rob Fletcher
16h ago
Churchill Downs Incorporated (CDI) has suspended all racing activity at its Churchill Downs Racetrack in Kentucky due to concerns over the safety of horses. Racing will be halted on June 7 and remain suspended through the remainder of the Spring Meet until July 3. The remainder of the meet will be relocated to Ellis Park from June 10. The suspension comes amid an unusual number of horse injuries over the previous month, resulting in 12 equine fatalities. An internal review and investigations by the Kentucky Horse Racing Commission (KHRC) and Horseracing Integrity and Safety Authority (HISA) fa ..read more
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North Carolina edges closer to legalizing sports betting
iGB North America » Sports betting
by Marese O'Hagan
4d ago
North Carolina has moved closer to legalizing sports betting, after a bill that would do so was voted through by its state Senate. House Bill 347 was introduced on March 13. It passed North Carolina’s House of Representatives on March 30 before being moved to the Senate, where it passed on its second reading. If passed into law, the bill would allow bets to be placed on sports and horse racing in North Carolina. Under the bill, a maximum of 12 interactive sports wagering licenses would be issued by North Carolina’s Commission. These licenses would cover professional sports, college sports, esp ..read more
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Nevada gambling revenue edges up year-on-year in April
iGB North America » Sports betting
by Rob Fletcher
5d ago
Gambling revenue in Nevada increased 2.7% year-on-year in April to $1.16bn, but the state also reported an 11.5% month-on-month decline. Revenue was higher than $1.13bn in April 2022 but down from the $1.31bn posted in March of this year. Slots were again by far the primary source of revenue for the state, generating $837.9m for the month, up 4.2% year-on-year. This included $464.5m from multi-denomination slots and $275.9m from penny slot games. However, revenue from table, counter and card games, including sports betting activity, fell 0.8% to $321.8m. Blackjack generated the most revenue in ..read more
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Rivalry launches mobile sports betting in Ontario
iGB North America » Sports betting
by Rob Fletcher
5d ago
Rivalry has expanded its operations in Ontario with the launch of its mobile sports betting app in the Canadian province. The app will allow customers to wager on a range of traditional sports events and esports contests. Betting options available to players include football, soccer and basketball events, as well as esports competitions based on games such as CS:GO, League of Legends and Dota 2. Rivalry has been active in Ontario for some time having secured a license in the province in April of last year. “Mobile betting is a significant addition for our Ontario operations and core audience o ..read more
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RI sports betting handle slips to eight-month low in April
iGB North America » Sports betting
by Rob Fletcher
6d ago
Player spending on sports betting in Rhode Island fell to an eight-month low in April, but the state was still able to report a year-on-year increase in revenue. Handle for the month amounted to $37.5m, down 6.7% from $40.2m in April 2022 and also 9.6% lower than the $41.5m wagered in March this year. Of this total, $27.5m was spent betting online, while the remaining $10.0m was wagered at retail sportsbooks. This included $5.8m at Twin River casino’s sportsbook and $4.2m at the Tiverton Casino. Revenue for the month reached $3.0m, which was 25.0% ahead of $2.4m in April last year but 25.0% lo ..read more
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IBIA establishes Canadian athlete education program
iGB North America » Sports betting
by Rob Fletcher
6d ago
The International Betting Integrity Association (IBIA) has partnered with three of its members to form a new athlete education program in Canada. The initiative will focus on the potential threat to athletes, sports and the regulated market from betting related match-fixing and fraud. IBIA members Bet365, Betway and FanDuel have pledged to invest at least CA$300,000 (£177,745/€205,954/US$220,078) over three years to support the program. The funding partners are also in talks regarding a delivery body, with the aim of finalizing this in the coming weeks and launching the program in the second h ..read more
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Fanatics launches online sportsbook in Massachusetts
iGB North America » Sports betting
by Rob Fletcher
1w ago
The Fanatics Betting and Gaming division of sports retail giant Fanatics has announced the launch of its online sportsbook product in Massachusetts. The sportsbook will initially launch in beta mode, with players in the state to be contacted and invited to join the testing program. Eligible customers will receive a code to gain access to the Fanatics Sportsbook. Non-Fanatics players can download the app and join the waiting list to begin betting. The Fanatics Sportsbook will offer a wide range of betting options across a host of sporting events and competitions. Players will also benefit from ..read more
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AGA welcomes SportsGrid to ‘Have A Game Plan. Bet Responsibly’ initiative
iGB North America » Sports betting
by Rob Fletcher
1w ago
Multimedia content and technology business SportsGrid Network has entered a partnership with the American Gaming Association (AGA). Under the agreement, SportsGrid will support the AGA’s Have A Game Plan. Bet Responsibly. public service campaign. SportsGrid will promote the initiative through its multimedia content platform, including live programming and its website and app. Launched in 2019, the campaign aims to bring sports betting stakeholders together around a common consumer education platform, focusing on four principles of responsible wagering. These include setting and keeping to a bu ..read more
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MA regulator “frustrated” by DraftKings betting violations
iGB North America » Sports betting
by Zak Thomas-Akoo
2w ago
Commissioners from state gambling regulator the Massachusetts Gaming Commission (MGC) said they were “frustrated” by DraftKings’ betting violations. DraftKings self-reported itself to the Commission after discovering it offered bets on the tennis UTR pro-series, which is not an approved betting event in the state. The MGC’s Investigations and Enforcement Bureau (IEB) looked into the case. The wagering took place over a 12-day period from March 10 to March 22. During this time, players placed 864 bets on three events for a total handle of $7,867. DraftKings said the reason the error took place ..read more
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