Daily news

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    Sports betting and daily fantasy giant DraftKings reported a 27.1% year-on-year rise in revenue for the first half of 2020, though the business’ net loss widened to $230.1m for the period.

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    Puerto Rico has taken a step towards launching legal sports betting over a year after legalizing the vertical, beginning a 30-day consultation on sports betting regulations developed in partnership with Gaming Laboratories International (GLI).

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    Romania’s National Gambling Office (ONJN) has added 20 new sites, including one from Bet365, to its “blacklist” of unauthorised online gaming sites, which must be blocked by internet service providers (ISPs) in the country.

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    Online random number generator (RNG) games will face a three-second spin limit and may not be advertised outside of an operator’s website, according to the country’s new secondary legislation as part of its Gambling Reform Act.

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    Gambling is officially set to become legal in Ukraine after the country’s president, Volodymyr Zelensky, signed the country’s Gambling Act into law today (11 August), with Eastern Europe-facing operator Parimatch already announcing its intent to p

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    The British Gambling Commission has lifted the suspension of Matchbook operator Triplebet’s remote operating licence after the operator “implemented the remedial measures required”.

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    Newly promoted Premier League club Leeds United have announced SBOTOP as its new main shirt sponsor in a “record deal” for the club, replacing Kindred brand 32Red.

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    The Indiana Gaming Commission has reported the strongest month for the state’s sports betting market since February, with revenue and handle both soaring in July.

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    Italian operator and supplier Newgioco Group expects to see revenue for the second quarter of 2020 to fall by up to 52.7%, following the disruption caused to the business by the novel coronavirus (Covid-19) pandemic.

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    Malta-based sports betting supplier, Betby, has been granted its supplier licence by the Malta Gaming Authority (MGA), a key milestone for the company as it continues its expansion into new jurisdictions.

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    South African gaming and entertainment business Tsogo Sun has struck a deal move into the country’s sports betting market through the acquisition of a 50.1% stake in local land-based and online operator Betcoza.

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    Lithuanian gambling revenue in the first half of 2020 fell by 15.9% to €43.8m (£4.0m/$5.2m) as the novel coronavirus (Covid-19) pandemic led to online revenue overtaking that of the land-based sector.

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    PointsBet has entered into a multi-year partnership with Kroenke Sports & Entertainment (KSE), owner of the National Hockey League (NHL)’s Colorado Avalanche, the National Basketball Association (NBA)’s Denver Nuggets, the National Lacrosse League (NLL)’s Colorado Mammoth and the Colorado Rapids of Major League Soccer (MLS).

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    Sports betting and daily fantasy sports operator DraftKings has announced the launch of its mobile and retail sportsbook platforms in Illinois, via a partnership with local operator Casino Queen.

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    Score Media and Gaming, owner of online operator theScore Bet, announced it has received authorisation from the Colorado Division of Gaming to offer its online sports betting service to customers in the state.

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    Sports betting odds provider Sports IQ has struck a new partnership with Bet.Works, the sports betting technology supplier powering US-facing operators theScore Bet and Elite Sportsbook.

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    William Hill has reported a 31.7% year-on-year decline in revenue for the first half of its financial year, though a £230.7m value added tax (VAT) refund allowed the operator to post a £115.6m net profit for the period.

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    Super League Greece, the country’s highest level professional football league, has announced Malta-headquartered sports betting operator Interwetten as its gold sponsor for the next three years, starting with the 2020-2021 season.

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    Ardent Group-owned operator and supplier of casino and sports betting products, Gaming1 Group, has announced the release of a new suite of responsible gambling tools built on artificial intelligence (AI) technology.

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    A new era has begun in New Zealand’s horse racing industry, with TAB New Zealand taking charge of the sector from 1 August.

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