David Main, head of US sports trading at Roar Digital, said he believes esports betting presents huge opportunities to the industry after the Borgata casino’s Roar-operated sportsbook took New Jersey’s first esports bet last Thursday (7 November).
The Betting and Gaming Council (BGC), the new representative body for the UK gambling industry, has announced new measures to help identify and reduce potential problem gambling in licensed betting offices (LBOs).
Online gambling revenue in Delaware fell to $246,092 (£191,479/€223,370) in October – the lowest monthly total of the year to date – primarily due to a sharp month-on-month decline in revenue at Dover Downs.
Online lottery brokerage Zeal Network has warned that full-year revenue and earnings are likely to fall significantly from the prior year, following its acquisition of Lotto24 and the pivot of its Tipp24 business from lottery betting to brokerage.
Gaming solutions provider Inspired Entertainment has reported a 25.3% year-on-year decline in revenue to $26.6m (£20.7m/€24.1m) or the third quarter of 2019, a 25.3% year-on-year decline, which showed the business continues to suffer from the reduction in fixed-odds betting terminal (FOBT) stakes in the UK.
Atlantic City Mayor Marty Small Sr. has called for the city to receive a direct cut of sports betting tax in New Jersey, arguing it has played a key role in the success of the state’s regulated market.
New Zealand’s Racing Industry Transition Agency (RITA) reported revenue of NZD $348.0m (£123.6m/€144.2m/$158.7m) for the fiscal year ending July 31, down 3.1% year-on-year, as it missed its target for pre-distribution profit.
Revolver Gaming has announced a new partnership with CasinoEngine, EveryMatrix’s casino integration and productivity platform. Revolver will integrate its entire portfolio of games with CasinoEngine, which currently is the largest casino content library in the industry, totalling 8,000+ games and 260+ jackpots from 140+ gaming software providers.
The Hong Kong Independent Commission Against Corruption (ICAC) announced on Monday (11 November) that 21 people, including six staff working for the Hong Kong Jockey Club (HKJC) have been arrested for suspected corruption.
Banking group HSBC UK has joined forces with industry charities GamCare and GambleAware to develop and launch a new self-restriction tool to enable its customers to block gambling transactions on their accounts.