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Maine sports betting handle reaches .9m in May

Maine sports betting handle reaches $39.9m in May

Revenue was down 19.5 per cent from the previous month. US.- Maine’s sports betting handle was $39.9m in May, up 4.2 per cent month-on-month (April: $38.3m). Revenue was $3.3m, down 19.5 per cent. The state collected $331,279 in tax, and player winnings totalled $36.3m. Maine has two licensed sports wagering operators: DraftKings and Caesars. In...

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Michigan Gaming Control Board hosts college sports betting panel discussion

Michigan Gaming Control Board hosts college sports betting panel discussion

Experts discussed rules, regulations and compliance measures. US.- The Michigan Gaming Control Board (MGCB) has hosted a panel discussion on college sports betting regulations and compliance measures. During the session in Detroit, panelists discussed rules, regulations and compliance measures. The panel included Dave Murley, MGCB deputy director of online gaming and legal affairs, Mark Hicks,...

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A Bad Week for Pro Leagues’ Modern Embrace of Sports Betting

A Bad Week for Pro Leagues’ Modern Embrace of Sports Betting

After a week in which an alleged co-conspirator of a banned NBA player was charged with wire fraud for a betting scheme involving NBA games and Major League Baseball banned and suspended players for betting on the sport, the congressional testimony delivered by major sports league commissioners on June 26, 1991, seems downright prophetic. NFL commissioner Paul...

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New York sports betting revenue tops 0m in May

New York sports betting revenue tops $200m in May

New York saw mobile sports gross gaming revenue (GGR) top the $200m (€185.6m/£157.2m) mark for the first time in more than a year in May. According to figures released by the New York State Gaming Commission, the total figure was $203.3m in May. This was only the second time GGR was above $200m in a...

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The 5 O’Clock Club: Betting on sports

The 5 O’Clock Club: Betting on sports

The 5 o’clock club is published from time to time during the season, and aims to provide a forum for reader-driven discussion at a time of day when there isn’t much NFL news being published. Feel free to introduce topics that interest you in the comments below. CLICK HERE to see the full 5 o’clock...

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UK gambling charity calls for stricter advertising warnings amid Euro 2024 surge

UK gambling charity calls for stricter advertising warnings amid Euro 2024 surge

With the expected increase in betting advertisements during the upcoming Euro 2024 football tournament, the UK’s gambling charity, GambleAware, is advocating for changes in the presentation of these ads. The charity is pushing for smoking-style warnings on adverts for bookmakers and online casinos, arguing that the current industry-approved slogan, “Take Time To Think,” is inadequate....

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Gaming Innovation Group signs new partner for next-gen Sportsbook, powering up with global market expansion

Gaming Innovation Group signs new partner for next-gen Sportsbook, powering up with global market expansion

Reading Time: 2 minutes   Written by Mathew Ratty, CEO & Founder TrafficGuard. In an era where the stakes are high and the competition fierce, sportsbooks face a daunting challenge: staying ahead in a cutthroat market while battling the relentless onslaught of fraudsters. With revenue projections soaring to £36.5 billion by 2024 and an estimated...