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Record January for Iowa sportsbooks as wagers near $150m

Iowa’s licensed sports betting operators enjoyed a strong start to the year with record wagers of $149.5m in January 2021.

The state’s 18 operational sportsbooks saw wagers soar 158 per cent compared to a year ago, with online sports betting wagers increasing 257 per cent to $120.8m and retail wagers climbing [...]

1 min read

Wynn Resorts posts $2.1bn loss following 2020 revenue slump

New York-listed casino operator Wynn Resorts has reported a 58.5 per cent drop in operating revenue to $686.0m for the fourth quarter of 2020, with the development of its WynnBET online casino and sports betting offering beginning to aid its recovery from the COVID-19 pandemic.

Revenue declined across the company’s US [...]

1 min read

Income Access agrees deal to power iLottery affiliate program in Virginia

Paysafe has expanded its partnership with the Virginia Lottery to include its Income Access affiliate marketing programme.

The Virginia Lottery already uses Paysafe’s payment processing services and will now utilize the Income Access solution to promote its upcoming iLottery affiliate program.

“By expanding our partnership with a brand that has the history [...]

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Gaming Innovation Group to power Playstar launch in New Jersey

Oslo-listed Gaming Innovation Group (GiG) has announced a long-term deal to provide its iGaming platform to PlayStar Casino in the United States.

PlayStar expects to launch in New Jersey’s regulated iGaming market before the end of the year in partnership with Oceans Casino Resort.

“Gaming Innovation Group has earned a reputation for [...]

3 mins read
Sportech

Sportech focuses on sports betting opportunities in Connecticut

London-listed Sportech is projected to generate net cash of £36.1m from the sale of some of its businesses and assets, as the company looks to generate tangible investor returns and expand its Connecticut Venues sports betting business.

Sportech said in a trading update Friday that it continued to drive operational efficiencies [...]

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BtoBet appoints MD and new chief operating officer

Aspire Global-owned sportsbook supplier BtoBet has bolstered its senior management team with the appointment of Zoran Spasov as managing director and Dima Reiderman as chief operating officer.

Spasov has served as interim managing director since December 2019.

“I am very excited about the multitude of opportunities that lie ahead for BtoBet,” said [...]

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Penn National Gaming

Penn National Gaming sees Interactive revenue soar in Q4

New York-listed Penn National Gaming has reported a 23 per cent fall in revenue to $1.03bn for the final quarter of 2020, as COVID-19 related restrictions on retail operations offset strong growth from its Penn Interactive division.

The company said that Q4 revenue was trending ahead of forecast before COVID-19 related [...]

1 min read

Genius Sports partners new Superstar Racing Experience series

Genius Sports Group has secured an exclusive data partnership with upcoming US-based stock car racing series Superstar Racing Experience (SRX).

Founded by NASCAR Hall of Famers Ray Evernham and Tony Stewart, SRX is expected to launch its inaugural season in June, with six races scheduled for broadcast on CBS.

The races are [...]

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DraftKings and NFL expand fantasy sports partnership to Canada

New York-listed DraftKings has expanded its exclusive daily fantasy sports partnership with the National Football League (NFL) to Canada.

With the Canadian federal government weighing up moves to regulate single-event sports betting, the expanded deal further deepens the relationship between the two organizations in Canada as the NFL season approaches its [...]

2 mins read
Sportradar

Sportradar to provide integrity services to America East Conference

Sportradar has agreed a new partnership to provide its integrity services to the America East Conference, a collegiate athletic conference affiliated with the NCAA Division I.

The agreement will see Sportradar Integrity Services implement an integrity program aimed at educating America East student-athletes, drawing on Sportradar’s experience in combating match-fixing around [...]

3 mins read
Sportech

Ascend Fundraising Solutions takes aim at Sportech’s Bump 50:50

Toronto-based raffle and private lottery solutions provider Ascend Fundraising Solutions has spoken out against London-listed Sportech, accusing the company of failing to engage in discussions regarding a potential acquisition of Sportech’s Bump 50:50 business.

Ascend said Wednesday that it has sought to engage with the board of Sportech on multiple occasions [...]

1 min read

Kansas lawmakers introduce second sports betting bill

House lawmakers in Kansas have introduced legislation to regulate sports betting, although under a different structure and tax rate than the bill introduced last week in the Senate.

Both bills were introduced by the respective Federal and State Affairs Committees, with the House proposal introduced Tuesday increasing the proposed tax rates [...]

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