Iowa Sports Betting Handle Drops 20% to $88.9M for the Month of July
The latest figures mark a drop of almost 20% on June's handle of $111,176,670.99 as July is the third month in a row that the state has seen a drop in sports wagers.
Gambling Industry News
DraftKings Reaches Agreement to Buy Golden Nugget Online Gaming for $1.56B
Sports betting company DraftKings Inc. has announced that it has reached an agreement to purchase Golden Nugget Online Gaming Inc. in an all-stock deal worth $1.56B.
Penn National Acquires theScore Parent Company Score Media and Gaming in $2B Deal
Penn National Gaming has announced that it has agreed a deal to buy Toronto-based Score Media and Gaming for $2B. The deal will see Penn National take control of theScore sports betting platform as the company looks to extend its reach across North America.
Australian Communications and Media Authority to Block Affiliate Sites Promoting Online Gambling
Games of chance? No chance.
Virginia Sports Betting Handle Rises to $234.9M for June up 3.5% from May
The Virginia Lottery has released its latest sports wagering revenue report showing that the state's licensed operators posted a sports betting handle of $234,943,435 for the month of June. This marks a 3.5% jump on May's handle of $226,963,573 and a slight drop on April's handle of $236,432,523.
Wyoming Gaming Commission Approves Sports Betting Rules Including Deposits Made with Cryptocurrency
The approved rules set out tax rates, the licensing approval process, and includes provisions for sports betting operators to accept deposits made using cryptocurrencies.
CFL Announces BetRegal as League’s Official Online Gaming Partner
Company’s first major foray into sports partnerships in North America.
Netmarble Acquires Casino App Company SpinX Games for $2.19B
South Korean gaming developer Netmarble Corporation has announced that it has agreed to purchase 100% of Hong Kong-based social casino gaming company SPinX Games for $2.19B (₩2.5T).
Regulation
Washington State Gambling Commission Approves Legal Sportsbetting Licensing Rules
The Washington State Gambling Commission unanimously voted to approve sports wagering licensing rules today that will become effective on August 30, 2021.
Sportsbetting News
Colorado Sports Betting Handle Tops $229M as Table Tennis Draws More Wagers than Golf and UFC/MMA Combined
The Colorado Department of Revenue has released its latest monthly revenue report showing that operators reported a sports betting handle of $229,764,688.29 for the month of June. The latest figure marks a drop of 7.71% on May's handle of $248,968,193.35.
Regulation
Belgium Set to Reduce Weekly Deposit Limits From €500 to €200
Belgium's Council of Ministers have approved a new draft law that will see weekly deposit limits for online betting and casino platforms reduced to €200. The deposit limit had previously been set at €500 per week.
Regulation
EU Opens Investigation Into €380M 25-Year Lottery and Sports Betting Contract Granted to French Operator FDJ
The European Commission has decided to open an investigation into the granting of exclusive rights to French lottery operator Française des Jeux (FDJ) to run lotteries and sports betting for a period of 25 years.
Sportsbetting News
Massachusetts Inches Closer to Legal Sports Betting as Lawmakers Approve Bill H3977
Massachusetts House Representatives have voted 156-3 in favor of bill H.3977 that would see both mobile and retail sports betting legalized in the state. The bill will now go before the Senate where it may face some further amendments relating to betting on college sports.
Gambling Business News
PointsBet Announces Launch of iGaming Platform in New Jersey
Online gaming and sports betting operators PointsBet has announced that it has received approval from the New Jersey Department of Gaming Enforcement to launch its iGaming platform in the state.
Gambling Business News
Liverpool-based StanleyBet Issues Bonds to Fund Sports Betting and Gaming Expansion in Romania
Liverpool-based gaming group Stanleybet has announced that it plans to raise €2.5M to €4M in funds through a private placement of bonds denominated in Romanian Leu (RON).