ASX, the venture of Paddy Power’s former marketing chief, has moved to bolster its sports content ahead of the Six Nations, which commences this weekend. The platform, which functions as a ‘virtual stock market’ for NFTs, has incorporated rugby union into its wider sports offering in anticipation of the tournament, supported by data from Rugby Analytics. Players invest in the …
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Google updates policy terms for NY sportsbook advertising
Google has updated its ‘US Gambling and Games’ advertising policy to allow for certified and state-licensed entities to promote sportsbook adverts within the state of New York. The tech giant issued its update on Friday 7 January ahead of the official launch of New York’s sportsbook regime on 9am Saturday, sanctioned by the New York State Gambling Commission. “From January 2022, …
Read More »Winning Post: Will New York become US sportsbooks’ rotten apple?
Regulus Partners returns to action this 2022, examining the hazardous playing field of the high tax and compliance New York sportsbook marketplace that made its debut this weekend. Investors and stakeholders await to see how NY’s nine licensed incumbents will proceed in a market that holds a visibly flawed model for participants… While the New Year has been marred by …
Read More »Year in Review Part Four – UKGC reaches conclusions and M&A sagas come to a close
The final quarter of the year saw huge news across a range of areas of the international betting and gaming industry, as two major acquisition sagas concluded – with differing results – and the UKGC made a number of important announcements. In the second half of 2021, the betting sector closely followed a prominent transatlantic development, as major US player …
Read More »Year in Review Part Three – Firms look to Nasdaq whilst William Hill auction comes to a close
The third quarter of 2021 saw further regulatory developments across Europe, and one of the year’s biggest M&A saga’s concluded as 888 Holdings finalised the terms of its William Hill acquisition. Sportradar, the Swiss sports data and technology company, successfully completed its public listing on the US Nasdaq stock exchange in September, with some assistance from basketball legend Michael Jordan. …
Read More »Scott Longley: 2021… Chasing up the Big Mo’
Providing further year-end perspectives, SBC has enlisted the help of Scott Longley of the Wagers.com Earnings+ More Substack to summarise the M&A, IPOs and boardroom shake-ups that have reformed gambling’s playing field make-up… When the Earnings+More newsletter (as it was then) launched in April, it was partly as a response to the expansion of the US-listed betting and gaming sector …
Read More »Enteractive: Keep moving forward and be decisive in 2022
The online betting and gaming industry has always had an element of regulatory uncertainty attached to its activities. The best way to address this is by being decisive and moving forward, says Pedram Padidar, COO at Enteractive. If one word could sum up the key themes that have had an impact on online gaming and betting operators across the …
Read More »English speakers identified as most at-risk problem gambling group by Gambless
Gambless has recorded 3,500 self-assessment tests completed via its mobile app, revealing strong differences in problem gambling across international borders, with English speakers encountering issues much more than other linguistic groups. Publishing its first annual report, the Mindspa-funded and ORCHHA-certified international gambling harm prevention app found that English speakers, mainly from the US, UK, and Australia, recorded a 57% higher …
Read More »DraftKings and BetMGM triumph at inaugural SBC Awards North America
The SBC Awards North America 2021 saw a number of operators recognised for their contributions to the industry, including BetMGM, DraftKings, IGT PlaySports and Scientific Games. An audience of over 400 executives from the U.S. and Canadian sports betting and igaming scene attended the inaugural edition of the awards at The Edison Ballroom for a celebration of the sector’s achievements …
Read More »Colossus Bets sues DraftKings of IP infringement of Cash Out product
Colossus Bets has filed a US Patent lawsuit against DraftKings in relation to the infringement of its Cash-Out product. The lawsuit has been filed with the District Court of Delaware and sees Colossus accuse DraftKings of infringing seven patents across sports betting and gaming products that are incorporated within its Cash-Out feature. Global law firm DLA Piper will represent Colossus …
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