US House representatives and congressional Gaming Caucus co-chairs Dina Titus and Guy Reschenthaler have introduced a federal bill – HR7790 – to repeal the US’s 0.25% excise tax on sports wagering handle.
B2B fantasy sports supplier Scout Gaming announced it will launch a follow-on from last year’s Premier League season-long fantasy contest, The Quarter Million, by offering a guaranteed prize pool of €1m for the 2020-21 season.
Scientific Games' losses increased in Q2 as revenue fell 37.2% to $539m (£423m/€465m), but the business said its results were "better than expected" given the outbreak of the novel coronavirus (Covid-19).
Daily fantasy and sports betting operator DraftKings and B2B sports betting supplier Kambi have reached an agreement to cooperate on DraftKings’ migration from Kambi’s back-end platform services to SBTech’s.
The US Senate Committee on the judiciary heard evidence both for and against the continued legality of betting on college sports in a committee meeting titled “Protecting the Integrity of College Athletics”.
Integrity body the Global Lottery Monitoring System (GLMS) warned sports clubs of the “damage to sports integrity” that may result from sponsorship deals with Asian-facing betting companies who operate primarily in unregulated jurisdictions.
Sports betting and daily fantasy sports operator FanDuel has announced details of a new initiative, where it will distribute more than $80m in site credits to its customers to celebrate the return of professional sport in the US.
A total of 43.3% of Czechs aged 15 or older gambled in the past year, up from 39.8% the year before but below levels in 2017, according to the Czech Ministry of Finance's latest annual gambling report.