Posts From: October 2023

U.S. Horse racing betting handle surges to $9 billion

Horse racing, and the horse industry in general, is one of the biggest entertainment and sporting industries in the United States. More than $9 billion was wagered on races across the country in...

Finance News
Genius and Sportradar face patent infringement suits in the US

PANDA Interactie, a pioneering sports technology company with proprietary cloud-based software that enables media, leagues, and sportsbooks to offer interactive viewing experiences including the ability for viewers to see real-time...

Finance News
Iowa wagers increase to $245.8m September

Numbers from the Iowa Racing and Gaming Commission came in on Monday, it showed new high marks for sports betting earnings and state tax for betting between September at $245.8m. More than...

Finance News
AGA commercial revenue tracker hits $37.91 billion record

AGA’s Commercial Gaming Revenue Tracker provides state-by-state and cumulative insight into the U.S. commercial gaming industry’s financial performance based on state revenue reports. Commercial gaming industry revenue reached $5.39 billion...

Finance News
Veikkaus invests in international expansion

Veikkaus is preparing for a new era, and the preparations will continue this autumn. Preparations are underway to change the gambling system, with a section of the market opening to...

Finance News
News Corp sells $70m stake in gambling start-up Betr

News Corp has quietly sold its shares in gambling startup Betr just four months after it launched, despite its $70 million investment into the bookmaker. According to sources close to...

Finance News
Caliplay initiates legal action against Playtech

Caliplay the leading Mexican online casino and sports betting company known in the market as Caliente Interactive, issued legal proceedings before the 46th Civil Court of Mexico City against, amongst others, Playtech plc...

Finance News
Dutch online gambling revenue jumps to €1.33 billion

The legal market for online gambling in the Netherlands has grown again in the past six months. The gross gaming result (BSR; stake minus prizes paid) has increased, but that...

Finance News
New York sportsbooks generate record $166.8m revenue in September

The New York State Gaming Commission reported a record $166.8 million in sports wagering adjusted gross revenue for September. DraftKings continued its strong run reporting the highest online sports betting handle for the week...

Finance News
Fanatics receives approval for Pointsbet US takeover

The New York State Gaming Commission announced during its Tuesday meeting that it has approved Fanatics Betting and Gaming to officially take over the PointsBet-branded online sportsbook, allowing Fanatics to...

Finance News