Author: OnlineGamblingDaily

On Saturday, Illinois permanently eliminated the in-person registration requirement for statewide sports betting, just in time for NCAA men’s basketball tournament March Madness, and analysts say it could boost Illinois to a record $1 billion in legal sports bets this month. On the same day, BetMGM launched mobile sports betting operations in the state, marking its 22nd market. BetMGM has become the online sports betting platform for Par-A-Dice Casino in East Peoria, which formerly used the FanDuel sports app. FanDuel will continue to run the retail sportsbook at Par-A-Dice, Gaming Board spokesman Joe Miller told the Chicago Tribune on Friday. Illinois now…

 March 6, 2022 This Week in Gambling is talking about online gambling expansion with Casey Clark, the Senior VP of Strategic Communications at the American Gaming Association. Discussion includes how the Coronavirus pandemic helped the the growth of mobile sports betting, and our industry’s growing use of digital currency. The rise in mobile sports betting and online gambling expansion in the U.S. enabled the commercial gaming industry to reach a record $13.6 billion in revenue in the second quarter of 2021, crushing the old mark of $11.1 billion set in the third quarter of 2019. The American Gaming Association is…

Esports Entertainment Group has successfully completed its public offering of common stock and warrants, the business announced on Wednesday. The esports and online gambling company has now raised proceeds of $13.6 million net of underwriting discounts, commissions and estimated offering expenses. New funds will target growth potential produced by the company’s newest esports products, as well as its European-based iGaming and online sports betting businesses. EEG sold 15,00,000 shares of common stock and warrants to purchase 15,000,000 shares of common stock for a combined effective offering price of $1.00, with each common share accompanied by a warrant, the business explains.…

The Alabama Senate has now seen the introduction of a new comprehensive gambling proposal which, if approved, would greatly expand gaming options available in what is one of the most restrictive states in regards to this industry. The legislation, introduced by State Sen. Greg Albritton (R-Atmore) on Thursday, if approved by the legislature, would then be placed on the ballot as a constitutional amendment for citizens in the Yellowhammer State to vote on, local media reports. Albritton’s proposal seeks to establish the Alabama Education Lottery, which would be under the supervision and regulation of a new body called the Alabama…

The Iowa Racing and Gaming Commission on Thursday decided to launch its application process for a Linn County casino license. The push to build a casino was approved by voters in the county in a gaming referendum held last November and could potentially open the door to the development of a gambling venue in the state’s second-largest city. A timeline for applications has not yet been announced, reports KCRG. The regulator has directed its staff to launch the process, with all commissioners who denied a Cedar Rapids license in 2017 and 2014 having cycled off the panel in the years…

Zitro has provided the Mexican Winpot Group with more than 200 GLARE cabinets with its latest innovations: Altius Glare and Megashare Lounge. Megashare Lounge is the company’s latest innovation, capable of uniting different Zitro cabinets and diverse games to the same mystery prize. Recently, Capri Guadalajara, Diamonds Cordilleras, Winpot Puebla, Winpot Boca del Río, Winpot Tuxtla, and Winpot Tonalá have added the new Megashare Lounge to their gaming offer, to which new games will be continuously added. With Megashare Lounge’s new shared progressive system, if one player wins the MEGA jackpot, all players win. With over 100 cabinets installed, Winpot…

Rob Phythian has served as SharpLink Gaming’s President and CEO since he co-founded the Company in 2019. From 2015 through June 2021, he also served as CEO — and remains a member of the Board of Directors — of SportsHub Games Network, Inc., a fantasy sports consolidation and daily game operator. Before SportsHub, Phythian served as CEO of Sports Data, a sports content provider which he co-founded in 2010 and later sold in 2013 to Sportradar AG, an international sports data company. Earlier in his career, he founded Fanball.com, an online fantasy sports site and publisher of the first weekly…

The New Jersey Division of Gambling Enforcement has fined DraftKings $150,000 for allowing a Florida man to make online sports bets from his home by having a friend who was present in New Jersey place the bets for him.  In an action made public Wednesday it was revealed the New Jersey regulator has reached a settlement with Boston-based DraftKings concerning the so-called proxy betting incidents that are forbidden under state regulations.  The operator also agreed to a series of corrective actions, including voiding 21 bets the Florida man had made that were still pending, closing his account for proxy betting,…

With college basketball about to dive into March Madness, unprecedented real-money micro-betting opportunities are now available from Simplebet. As the only in-game micro-betting opportunities available for college basketball, next-score markets are live across 12 states, with more markets expected to roll out as the 2022-23 season begins in early November. For more than 550 college basketball games remaining this 2021-22 season – including many conference tournaments, a majority of NIT games, and ALL of March Madness – Simplebet will offer various markets both pre-game and throughout the entirety of each match, for every made field goal of every game: Predict which…

B2B provider of iGaming content, systems and solutions, Inspired Entertainment, announced Friday the launch of its online gaming content in the state of Connecticut with DraftKings. This marks the third US state in which Inspired is delivering its online gaming portfolio of products. With this launch, company titles such as “Big Spin Bonus”, “Bullion Bars” and “Gold Cash Free Spins”, are available in the state for the first time. Inspired is thrilled to announce the launch our iGaming gaming content in the state of Connecticut with @DraftKings! Inspired Interactive content is now live in three U.S. States. https://t.co/Yjsu20xFxBMore on Inspired’s…

New details about amendments to be introduced to Macau’s gaming law, currently in discussion at the SAR’s Legislative Assembly (AL), keep surfacing. On Friday, Chan Chak Mo, president of the second standing committee, detailed a national security clause in the gaming bill. The clause, which caught the AL’s attention in prior meetings, had prompted members of the committee to request clarification from officials on its application. The provision states the Macau Chief Executive has the right to terminate a casino license for a number of reasons, including threats to national security, public interest or breaching of contractual obligations. Chan Chak…

U.S. bipartisan legislation was introduced Thursday by Congressional Gaming Caucus Co-Chairs Reps. Dina Titus (a Nevada Democrat) and Guy Reschenthaler (a Pennsylvania Republican) to raise the slot tax threshold to $5,000 and provide a mechanism for future increases based on inflation. The bill was praised by the American Gaming Association (AGA). The new legislation would benefit casinos, as they would need to take fewer slot machines out of service temporarily while tax forms are filled out for winning patrons. It also would prevent more slot jackpot winners from having their winnings reported to the U.S. government’s Internal Revenue Service (IRS).…

Due to the outbreak of the current Russo-Ukrainian war, many entities and institutions have applied sanctions to Russia in financial and societal terms. On Friday, the European State Lotteries and Toto Association (EL) announced its decision to suspend memberships in Russia and Belarus, and also recommended its members to stop taking bets on Russian and Belorussian teams and leagues. “As a part of the global community, the European State Lotteries and Toto Association is deeply concerned about Russia’s reasonless invasion of Ukraine and the resultant threats to peace, humanity and stability”, the Association wrote in an official statement.  “EL and…

NBC Sports Chicago and NBC Sports Philadelphia are partnering with PointsBet to present BetCast, an alternate live game sports-betting product, covering the Chicago Bulls at Philadelphia 76ers NBA matchup on Monday, March 7, at 7 p.m. ET/6 p.m. CT. The Bulls-76ers BetCast marks NBC Sports Regional Networks’ first dual-market sports betting telecast and will be presented on NBC Sports Chicago Plus and NBC Sports Philadelphia Plus. The BetCast will deliver on-screen live odds data powered by PointsBet – including Spread, Over/Under, and moving Money Lines – along with future odds and player props. The real-time data will appear on an enhanced graphic overlay surrounding the regular live-game coverage. The BetCast will…

UK online gaming giant Bet365 posted a profit before tax of £470 million ($621.5 million), up from £137 million in 2020, in the year to the end of March 2021. This was based on revenues that were flat at £2.8 billion ($3.7 billion), according to a document filed at UK’s Companies House. The results were described as significantly better than the prior year, according to local media, as the group cut costs and enjoyed an increase in the value of its investments during the period. However, revenues for the year were down from £3 billion ($4 billion) in 2019. Likewise,…

Sportradar Integrity Services, a global supplier of sports integrity solutions and a division of Sportradar, on Thursday released a new report titled “Betting Corruption and Match-Fixing in 2021”, which detected a record number of suspicious matches and exposed the serious, ongoing threat these practices imply to the integrity of global sport at all levels, as the amount of money bet on sports reached record highs in 2021.  Sportradar’s bet-monitoring service, the Universal Fraud Detection System (UFDS), uncovered suspicious activity in 903 matches last year, across 10 sports and in 76 countries worldwide. It is the highest number of suspicious matches…