Author: Joe Lyons
Posts by Joe Lyons
Polymarket will return to the United States market after acquiring derivatives exchange QCEX for $112 million. The world’s largest prediction market announced its purchase of the CFTC-regulated clearinghouse on Monday, paving the way for a comeback to America following two years out. The crypto betting site will now be considered compliant under US regulations as […]
Betfred has extended its sponsorship of the World Matchplay Darts until at least 2030. The popular UK betting site will continue to hold the naming rights to the World Matchplay (since 2019) and Women’s World Matchplay (since 2022) tournaments. Prize funds in both events will increase from the 2026 renewal as the World Matchplay prize […]
The British Horseracing Authority (BHA) is demanding a separate tax for horse racing betting amid fears new rates could cost the sport as much as £160 million. Why Is Betting Tax Harmonisation Harmful For Horse Racing? In April, the UK government launched a consultation into a proposal to harmonise all online gambling into a single […]
The MLB has extended Cleveland Guardian pitcher Luis Ortiz’s paid leave as the investigation into suspicious betting patterns continues. On Friday it was announced the MLB and MLBPA had agreed to prolong the player’s non-disciplinary paid leave – originally due to end after the All-Star break – through games on August 31 as the league […]
BoyleSports has extended its sponsorship of the Galway Races, penning a new-three year deal with the summer festival. The operator, one of the leading online casinos in Ireland, began its affiliation with the festival in 2022 which will now run until through 2027. BoyleSports, an independent firm founded in 1982 with headquarters in Dundalk, will […]
EFL star Lewis Macari has been charged by the Football Association with violating betting rules over a near three-year period. Macari, a defender for League Two side Notts County, is alleged to have placed 354 wagers with UK betting sites on football matches between February 2020 and December 2022. The charges relate to his time […]
Mobile sports betting in the state of New York recorded its lowest total in almost a year during the month of June. Online New York sports betting was legalized in early 2022 and has since become a phenomenon but revenue took a slight dip in the sixth month of the calendar year. According to data […]
Sportradar’s blockbuster deal with IMG Arena is to be investigated by the UK’s competition watchdog due to fears it could negatively impact the market. Sportradar, a multinational corporation based in Switzerland that collects and analyses sports data for online casinos, struck an agreement with IMG Arena back in March. The acquisition of IMG Arena from […]
Wimbledon chiefs used undercover officers to spot and eject courtside betting gangs looking to gain an edge from inside the courts. According to the Daily Mail, a source with knowledge of the situation said: “Wimbledon is a Fort Knox of propriety and fairness. “We go to great lengths to stop people exploiting our sport in […]
Italy’s new online gambling regime is beginning to take shape with the news that 46 operators have applied for licenses. The country’s Ministry of Economy has secured 46 applications for new online casino licenses, each one coming at a cost of €7 million. The government were aiming to reach €350 million in licensing revenue, so […]
The House of Commons has rejected a proposal by Liberal Democrat MPs to ban all forms of gambling-related advertisement and sponsorship in English football. Lib Dem MPs Max Wilkinson and Lee Dillon wanted the bill to include a duty on English football clubs “not to promote or engage in advertising and sponsorship related to gambling.” […]
Betfair has confirmed it will exit the New Zealand sports betting market on July 23 following the introduction of new legislation. Last month, as part of amendments to the Racing Industry Act 2020, residents of New Zealand can only bet on sports and racing through one licensed operator. Offshore sportsbooks such as Betfair are no […]