Daily news

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    Fantasy sports software provider Scout Gaming Group has named Terje Bolstad as group chief operating officer as it prepares for a period of significant expansion.

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    Fox Sports has rolled out a new, national free-to-play sports prediction game for US customers, the second major component of the broadcaster’s partnership with The Stars Group after its real-money sports betting brand Fox Bet.

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    Operators in Pennsylvania handled a record $59.3m on sports bets in July as the online sportsbook handle doubled to $39.0m and overtook retail figures for the first time.

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    Scout Gaming Group has launched player odds sportsbook, a new product that combines elements of daily fantasy sports contests with fixed odds betting elements, alongside a new promotional tool, Betflex.

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    Gambling revenue in Pennsylvania reached a record $3.3bn (£2.6bn/€2.9bn) in the 2018-19 fiscal year, as the US state was boosted by additional income from regulated sports wagering.

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    Fantasy sports and pool betting provider Scout Gaming Group has been awarded a licence by the Malta Gaming Authority (MGA). The permit will enable Scout to offer games to operators licensed under MGA.

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    A memo from the US Deputy Attorney General has informed law enforcement staff working under the Department of Justice (DoJ) that there will be no attempt to enforce the revised interpretation of the Wire Act until 2020.

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    Fantasy sports provider Scout Gaming Group has reported increased losses in the first quarter of the year, despite revenue more than doubling to SEK3.5m.

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    Stockholm-listed Better Collective will significantly expand its presence in the US market through the acquisition of daily fantasy and sports betting affiliate Rical LLC, operator of the RotoGrinders and SportsHandle portals.

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    Sports betting and daily fantasy sports (DFS) operator FanDuel Group has entered a partnership with US sports-focused streaming service fuboTV. FanDuel will serve as the exclusive sportsbook, online casino, horse racing and DFS partner of fuboTV.

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    Gambling.com Group has reported a 52% year-on-year increase in revenue for the first quarter of 2019, with the affiliate marketing giant to invest in the development of products for the US market in the year ahead.

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    Clarion Gaming’s inaugural edition of ICE North America, which takes place in Boston from May 13 to 15, will feature a keynote presentation from iconic boxer and Olympic champion Sugar Ray Leonard.

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    Pennsylvania’s licensed fantasy sports operators have reported a slight improvement in revenue for March, following three consecutive months of decline, with revenue up $5,000 from February.

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    Digital Fuel is looking to expand into the US market, with the New Jersey Division of Gaming Enforcement clearing the Australian online marketing specialist to apply for an Ancillary Casino Service Industry Enterprise Licence in the state.

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    Lawmakers in the Michigan Senate and House of Representatives have launched new bids to legalise online gaming in the state, following the eleventh-hour veto of legislation by former Governor Rick Snyder in late 2018.

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    Social pool betting operator i-pools has launched a new, free-to-play fantasy horseracing game with a jackpot prize of £1m (€1.2m/$1.3m), while Matt Steer has been named chief executive of the business, after it closed a new funding round.

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    Paddy Power Betfair has seen its 2018 revenue grow as a result of the acquisition of FanDuel and an improved performance by the Paddy Power brand in the UK market, though the US investment has also hit full-year profits.

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    The Department of Justice (DoJ) is set to extend the window in which it will not enforce its revised interpretation of the Wire Act, according to sources close to the matter.

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    Free-to-play sports games developer SportCaller has joined forces with fantasy sports giant FanDuel to support its expansion plans in the US.

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    Iowa lawmakers are to consider a new bill that would legalise online and mobile sports betting, as well as fantasy sports contests, in the US state.

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