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Sports News

Webis shares soar as WatchandWager secures Monarch racetrack partnership

Webis Holdings-owned advanced deposit wagering (ADW) business WatchandWager.com has struck an agreement to accept bets on all racetracks operated by Monarch Content Management Group in 2023.

Monarch is fully owned by the Stronach Group, a leading racetrack and technology operator in North America, with the new deal allowing WatchandWager players to [...]

1 min read

Cyprus sports betting market reaches new heights in Q3

The sports betting sector in Cyprus grew by 24 per cent in Q3 2022, with record handle of €238.2m marking the fourth consecutive quarter above €200m.

Betting handle from the 11 licensed online sportsbooks was up by 29 per cent year-on-year to €172.6m, representing 72 per cent of the market.

There were [...]

1 min read

Arkansas sports betting handle hits $30m in November

Arkansas sports betting handle soared by 265 per cent to reach $30m in November, as the mobile sector continues to fuel the growth.

Mobile sports betting, which went live in March, generated wagers of $24.4m during the month, which was a rise of 18 per cent on October.

Saracen Casino Resort had [...]

1 min read
Caesars Entertainment

Caesars launches Casino Metro retail sportsbook in Puerto Rico

Caesars Sportsbook has opened a new retail sportsbook at Casino Metro, Puerto Rico's largest land-based casino.

The MetroBets with Caesars Sportsbook opens with three betting windows and 12 self-service betting kiosks for customers to place wagers.

The newly renovated space at the San Juan-based venue will also feature more than 25 LED [...]

2 mins read

ParlayBay completes €1m funding as Elmqvist joins board

Sports betting games provider ParlayBay has raised €1m to drive its future growth, complementing the recent appointment of Yggdrasil founder Fredrik Elmqvist as a board member.

The additional funds will allow the supplier to elevate its position in key markets, and follows a year which has seen deals with a number [...]

2 mins read

BetMGM enhances Tennessee presence with Nashville Predators partnership

US online betting and gaming operator BetMGM has been named as an official sports betting partner of the NHL’s Nashville Predators.

The multi-year agreement includes BetMGM-branded signage throughout Bridgestone Arena, and plans to open a branded BetMGM restaurant and bar on the arena's suite level.

“The Predators are a tremendous organization with [...]

2 mins read

BET99 signs as official partner of the NHL

Canadian online sports betting and gaming operator BET99 has become an official partner of the National Hockey League (NHL).

As part of the multi-year partnership, BET99 will launch a new free-to-play game NHL PrePlay, where fans will be provided a set of predictive outcome-based questions.

Fans will be awarded points based on [...]

3 mins read

OpenBet sees strong US interest as World Cup wagers surpass $2bn

Sports betting platform provider OpenBet enjoyed a record performance during the recent FIFA World Cup, with more than $2bn wagered on the tournament.

OpenBet’s customers processed more than 200m bets across all channels at this year’s World Cup, an increase of 13 per cent compared to the 2018 World Cup.

The final [...]

2 mins read

Mississippi sportsbooks see November wagers climb to $73.6m

Mississippi’s sports betting market grew by 21 per cent in November as total wagers reached $73.6m, its best monthly performance in more than a year.

Wagers at the state’s 26 licensed casinos were at their highest level since October 2021, with American Football accounting for nearly half of the total with [...]

1 min read
Churchill Downs

Churchill Downs expands board with experienced HR executive

New York-listed racing and gaming operator Churchill Downs Incorporated (CDI) has expanded its board of directors with the addition of Andréa Carter.

Carter brings over 20 years’ professional experience in the field of human resources across multiple industries and major organizations, and currently serves as senior executive vice president and chief [...]

2 mins read

Montana sports betting handle rises 28% in November

Sports betting handle in Montana rose by 28 per cent in November to $5.78m, marking the second consecutive month with wagering above $5m.

American football contributed 56 per cent of monthly handle, followed by basketball with a 30 per cent share.

Soccer was the third largest sport by handle in November [...]

1 min read
Denmark

Denmark gambling revenue grows just 2% in Q3

Denmark’s third quarter gambling revenue was DKK1.69bn (€228m), showing just 2 per cent growth on the previous year.

Online casino was the largest sector by revenue (43 per cent) and was the only one to show growth, up by 10 per cent year-on-year at DKK721m.

Denmark Gambling Revenue: Q3 2022 (DKK)

Within the [...]

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