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Ohio sportsbooks collect $638.8m in wagers in February

Ohio's licensed sportsbooks generated total sports wagers of $638.8 million in February, the state’s second month of regulated sports betting.

Ohio had recorded more than $1 billion in online wagers in the opening month of January, but online handle dropped to $621.1 million in February, as the NFL season concluded and [...]

1 min read
Colorado Flag

Colorado sports wagers fall 3% in February

Colorado's sports handle fell by 3 per cent to $425.1 million in February, as both the retail and online sectors posted year-on-year declines.

Online betting was down by 3 per cent at $421.6 million, whilst retail betting fell by 36 per cent to $3.5 million.

Basketball accounted for more than half of [...]

1 min read

Virginia sports handle grows 8% in February

Virginia’s sports wagers grew by 8 per cent to $433.8 million in February, but was below $500 million for the first time since September of last year.

Online sports betting was up by 7 per cent year-on-year at $430.3 million, whilst retail betting at Virginia’s two casinos amounted to $3.6 million. [...]

1 min read
Kambi

Kambi extends sportsbook deal with Colombia’s Corredor Empresarial

Stockholm-listed Kambi Group has extended its sportsbook supply deal with leading Colombian operator Corredor Empresarial.

The long-term agreement is the second renewal to a partnership first signed in 2017, with Kambi set to support Corredor Empresarial’s launch of its BetPlay brand in additional markets across Latin America.

“We are pleased to agree [...]

2 mins read

BetMakers confirms departure of North American CEO Christian Stuart

Sydney-listed betting technology provider BetMakers has confirmed the departure of North American CEO Christian Stuart, while promoting Chelsey Abbott to its executive team as chief people officer.

The supplier said that it continues to optimise its business following an organisational restructure, with Stuart stepping down as North American CEO after just [...]

4 mins read

China lottery sales increase 86% in February

Total lottery sales in China grew by 86 per cent to RMB41.8 billion (€5.6 billion) in February, with the timing of Chinese New Year holiday affecting year-on-year performance.

The Welfare and Sports Lotteries close during the holiday and in 2023 the entire Spring Golden Week fell in January, whereas it was [...]

1 min read

Kentucky bill signing begins new era of sports betting

Kentucky Governor Andy Beshear delivered on his promise to sign sports betting legislation into law Friday, paving the way for the start of regulated sports betting in the new year.

The bill signed by Governor Beshear on Friday (March 31) comes into force in June, making Kentucky the 38th US jurisdiction to [...]

2 mins read

Fast Track expands Brazil presence with Betfast.io

Malta-based CRM specialist Fast Track has signed a deal to provide its real-time engagement platform to Brazilian operator Betfast.io.

The operator will utilise Fast Track's platform to manage player engagement and to offer personalised player experiences through the platform’s newly integrated OpenAI capabilities.

“We are thrilled to be partnering with Betfast.io and [...]

2 mins read

Bally’s agrees multi-year partnership with Minor League Baseball

New York-listed Bally’s Corporation has agreed a deal to become the first national media rightsholder and exclusive fantasy and gaming partner of Minor League Baseball (MiLB).

The wide-ranging partnership provides Bally's with live broadcast and exclusive free-to-play gaming content rights across its digital platforms and strategic partner channels.

It also gives [...]

3 mins read

GeoComply hires Silicon Valley veteran as CTO

Vancouver-based geolocation specialist GeoComply has appointed former Meta director of engineering Vadim Jelezniakov as its new chief technology officer (CTO).

Jelezniakov will be responsible for driving the company's technology strategy and overseeing the development of new products and services.

He brings over 20 years of experience building and managing reliable and scalable [...]

3 mins read
Puerto Rico

Puerto Rico issues nine sports betting licences

The Puerto Rico Gaming Commission has granted sports betting licences to nine companies as it looks to expand the industry.

The Caribbean island and US territory regulated sports betting in July 2019 and two casinos, Casino del Mar and Casino Metro, opened retail sportsbooks last year under temporary licences.

The Commission has [...]

1 min read
GAN

GAN initiates strategic review as net loss soars in 2022

New York-listed gaming operator and supplier GAN has initiated a strategic review to maximise shareholder value after posting a net loss of $197.5 million for the full 2022 year.

Full year revenue increased by 14 per cent to $141.5 million, buoyed by a 21 per cent increase in revenue to $36.9 [...]

1 min read
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