Author: OnlineGamblingDaily

Geolocation and compliance technology company Xpoint, which specializes in the US sports betting and iGaming markets, has signed an investment partnership with Bettor Capital, the business announced on Tuesday. Bettor Capital, an early-stage venture firm focused on real-money online gaming opportunities, is investing in Xpoint ahead of launch. The geolocation platform is set to go live with its first partner “in early 2022,” according to a press statement. Through this agreement, the venture firm is set to support the company’s goal “to bring innovative, partner-focused” solutions to the established geo-compliance marketplace. The funding will play a key role in the…

Scientific Games Corporation’s sports betting business OpenBet has appointed two DAZN and American Gaming Association executives as part of its goal to “reimagine sports betting entertainment,” the company announced on Wednesday. Florian Diederichsen and Jessica Feil join the sports gaming provider ahead of an “exciting” period of change for the business. Diederichsen joins OpenBet from sports subscription video streaming service DAZN as Chief Technology Officer. Under this new role, the executive will be tasked with evolving OpenBet’s modular sports product offering and accelerating the next generation of sports betting entertainment through the use of cutting-edge technologies. Diederichsen has experience having…

Iowans have shattered sports gambling records in the state of Iowa by wagering $2 billion in 2021, showing a significant increase from 2020 when Iowans placed approximately $575 million worth of sports bets. Most of this growth was driven by the online vertical. “We saw twice as many operators enter the market in 2021,” said Brian Ohorilko, an administrator with the Iowa Racing and Gaming Commission, as reported by the KCGR. “It’s not surprising, but what is surprising is how much of an increase we’ve seen from 2020 to 2021.” According to data released by PlayIA, in December, bettors poured…

The fight for Florida sports betting is an important one, as the has the potential to be the third largest market in America. So naturally, there are going to be a few punches thrown with so much potential profit at stake for years to come. Enter the contenders: The Florida Seminole Tribe vs. everyone else, with everyone else being represented (for the most part) by the Sands Corporation. A recent Federal Court decision put an end to an almost-but-not-quite monopoly on sports betting in the state by the Seminoles. And now, the whole ugly mess is mired in a lawsuit…

Chairman of the Louisiana Gaming Commission, Ronnie Johns, has stated that online sports betting launch does not have a confirmed date yet, as the timeline is being modified daily.  “There is some misinformation that we’re going to launch sports betting next week in conjunction with the NFL playoffs. While we very much would like to do that, it’s definitely not accurate. We are working literally on a daily basis to finalize all of the compliance issues and the technical issues with sports betting”, he said, as reported by The Monroe News-Star.  Johns said his goal is to launch online sports betting…

Casino Iguazú and Casino Café Central both reopened their doors last Friday, January 7. Thus, Casino Club started operating the halls after having acquired them with its Spanish partners of Nortia. The facility, located in Puerto Iguazú, Misiones Province, Argentina, has a large welcome hall, a modern bar, and four different areas with 20 gaming tables and more than 260 state-of-the-art slots with significant progressive jackpots. The casino allows bets in reais, pesos as well as dollars. “It is a casino that is known for offering world-class gaming halls, which attract players from all over the world”, the operating company…

Sports betting in Maryland topped $16 million in its first month at Maryland’s casinos, which in December reported their second-best monthly revenue, as reported by the state. The Maryland Lottery and Gaming Agency released the numbers for sports wagering in the five casinos where it is offered, showing a combined handle of $16,552,430 with Live! Casino & Hotel Maryland (opened Dec. 10) leading with $7.1 million in handle; followed by MGM National Harbor (opened Dec. 9), which saw $6 million; Horseshoe Casino Baltimore (opened Dec. 10) with $2.6 million; Ocean Downs (opened Dec. 17) which reported $554,218; and Hollywood Casino Perryville reaching $319,001. A total of…

PGA Tour is extending its Official Betting Operator relationship with FanDuel, the organizer of professional golf tours announced on Monday. As part of the three-year extension through 2024, the sports betting giant is set to become the exclusive odds provider for PGA Tour social platforms. The content and marketing relationship partnership sees FanDuel being designated an Official Betting Operator, and the company will collaborate to deliver exclusive odds-based content to fans via the PGA Tour’s Facebook, Instagram and Twitter accounts. “FanDuel is a market leader in the United States and we look forward to extending our relationship in the sports…

A series of bills related to Atlantic City’s gaming industry passed Legislature on its final day on Monday, and are now headed to Gov. Phil Murphy’s desk for his signature, local media reports. The legislations seek to allow surcharges on casino hotel rooms to fund public safety, to provide $2 million to the Casino Reinvestment Development Authority for the NAACP national convention in July, and to allow casinos to deduct the costs of sports betting giveaways from taxable revenues, The Press of Atlantic City reports. A4002 bill passed both houses: the legislation seeks to give casinos and racetracks in New…

Inspired Entertainment is expanding its long-standing relationship with European-based omni-channel betting and gaming operator Fortuna Entertainment Group (FEG) this winter. Inspired, which has already established itself in Croatia’s online market through PSK Croatia, is now introducing its Virtual Sports on self-service betting terminals (SSBT) within PSK’s branded betting shops and stores throughout the country. PSK Croatia customers will be able to find Inspired’s Virtuals on an initial 200 SSBTs in January, with content on an additional 1,000 terminals throughout 2022. Inspired and FEG have been in partnership since 2009, with Inspired’s BAFTA award-winning products available throughout Fortuna’s online and retail brands…

A new bill is aiming for the legalization of sports betting in Oklahoma. State Rep. Ken Luttrell (R-Ponca City) filed House Bill 3008 last Monday, which seeks to bring back to the table the possibility of legal sports gambling at the state’s tribal casinos. Legislators have until Jan. 20 to formally introduce bills and for the upcoming session that begins Feb. 7. Should the legislation be passed, it would add pooled sports wagering to the list of activities contemplated under existing gaming compacts between state and tribes. House Bill 3008 calls for the state to receive a 10% cut of…

Amid the ever-changing landscape of the gaming industry, still affected in more than one way by the ongoing Covid-19 pandemic, Las Vegas saw the opening of the first ground-up resort development on the Strip in more than a decade in June last year, as the $4.3 billion Resorts World Las Vegas, owned by Genting, debuted in the gambling mecca with an innovative experience featuring some of the latest technology in the market. Half a year has passed since the historic opening and, in an exclusive interview with Yogonet, Scott Sibella, president of Resorts World Las Vegas, reflected on the venue’s…

Italy’s online casino NetBet has added Play’n GO’s latest titles to its casino games library. As the company stated in an official press release, “By updating their library with Play’n GO’s latest titles, NetBet Italy shows its ongoing commitment to bringing the most enjoyable games to its players”. Play’n GO has a suite of mobile responsive games equipped with dynamic features. Highlights from their portfolio include Book of Dead, Legacy of Dead, Reactoonz, Rise of Olympus, and Fire Joker. NetBet Italy’s PR manager, Claudia Georgevici, said: “Play’n GO is a favorite among our players, and we’re delighted to continue our…

The American Gaming Association (AGA) released Monday its Commercial Gaming Revenue Tracker numbers, which feature state-by-state and nationwide financial performance data with breakdowns for individual gaming verticals for November 2021’s gaming revenue. In the 11th month of the year, U.S. commercial gaming’s record-breaking momentum continued as the industry marked the second-highest grossing month ever. Combined revenue from traditional casino gaming, sports betting and iGaming reached $4.85 billion, growing 35.3% from November 2019, and up 1.3% from October 2021. Revenue from iGaming and sports betting accounted for 20.9% of the total, largely due to sportsbooks’ record month, driven by football. Before…

It’s finally happened! New York mobile sports betting has launched, and opening weekend lived up to the hype! Operators took in millions of bets over the weekend, and expectations are high! But not everyone is quite so optimistic about the future of the industry. New York mobile sports betting launched over the weekend… and 12 short hours later they were the largest sports betting market in the country! And that is this week’s big story! Caesar’s, DraftKings, FanDuel and BetRivers all went live in New York state on Saturday morning, at 9 00 a.m local time, and the bets started…

PointsBet Canada announced Monday it has joined the NHL Alumni Association (NHLAA) as their exclusive sports betting partner in Canada, and official partner in the United States. The multi-year deal takes effect immediately and grants PointsBet Canada with the marketing and licensing rights to the NHLAA and NHL Alumni across North America.  The NHLAA, established in 1999, is an organization that provides all former NHL players and their families with financial assistance, mental and emotional wellness support, physical care, post-playing career transition and family aid. Since its inception, the NHLAA has become the largest membership of retired professional hockey players.…