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Sports News

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

Kentucky Senate votes to legalise sports betting

Kentucky will become the next US state to legalise sports betting if Governor Andy Beshear signs HB551 into law.

The bill was delivered to Governor Beshear after Kentucky Senators voted 25-12 in favor of the bill late Thursday.

The Kentucky Racing Commission will be responsible for licensing and regulating retail and online [...]

1 min read

Codere Group looks to raise €100m as co-CEOs step down

Spanish gaming operator Codere Group is looking to raise €100 million from existing shareholders after completing a strategic review of its operations and capital structure.

The company explained that while its financial performance had improved since Covid-19 measures were relaxed during 2022, it continues to face headwinds and liquidity pressures.

As a [...]

1 min read

DraftKings launches horse race betting app in the US

DraftKings is looking to capture larger share of the US betting market with the launch of a standalone horse race betting app.

The move follows a multi-year agreement with Churchill Downs Incorporated’s TwinSpires subsidiary to bring pari-mutuel wagering on horse racing to DraftKings’ players.

The DK Horse-branded app enables players to wager [...]

2 mins read

BetConstruct secures licence approval in Denmark

iGaming technology provider BetConstruct has further expanded its regulated market presence in Europe after securing a licence in Denmark.

The multi-product licence from the Danish Gambling Authority enables BetConstruct to provide sports betting, online casino games, live casino and retail betting solutions to licensed operators.

“Obtaining a licence from the Danish Gambling Authority is [...]

1 min read

12BET selects Betradar as new sportsbook provider 

Asia-facing operator 12BET has launched a new online sportsbook powered by Sportradar’s Betradar subsidiary.

The integration enables 12BET to expand its offerings and provide players with an enhanced sports betting experience that is supported by real-time data.

The newly launched sportsbook incorporates Betradar's live odds, virtual sports, live streaming, and statistics.

“We are [...]

1 min read
Mindway AI

Mindway AI to collaborate with Greek gambling regulator

Safer gambling solution provider Mindway AI has entered into an agreement with the Hellenic Gaming Commission to increase consumer protection in Greece.

Mindway AI's solution will be used to identify gamblers at risk of addiction in order to provide early intervention, using artificial intelligence software and neuroscientific insights and assessments to [...]

2 mins read
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