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IGT President of Sports Betting: ‘There is no US sports betting market’

Speaking exclusively to Gambling Insider for the Sports Betting Focus edition, Cohen said he is starting to sound like a “broken record” when talking about US sports betting. He said: “I keep saying this until I sound like a broken record; there is no such thing as the US sports betting market. “There are potentially going to […]

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Strong Q1 digital growth for GVC but UK retail growth flat

The organisation, which owns Ladbrokes Coral, Bwin, Neds International and several other brands, did not report exact revenue ps, only disclosing percentages. Once again, online NGR was high, showing a 17% growth, while UK retail like-for-like revenue was flat both for gaming and sports wagering. European retail NGR did rise 2%, however, while the overall

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PointsBet fined A$20,000 for posting illegal gambling advertisement

The operator pleaded guilty, as its advertising stated: “All 40+ metro races run 2nd up to A$100 back,” if players opened a PointsBet betting account. The NSW Betting and Racing Act states it is an offence to publish “a gambling advertisement that offers any inducement to participate frequently, in any gambling activity.” Australian online operator

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March Madness helps Delaware sportsbooks recover from poor February

February saw Delaware’s three sports betting locations make a total of only $22,152, with its biggest sportsbook, Delaware Park, losing $28,750. This was chiefly due to heavy favourites New England Patriots winning the Super Bowl but, while American football was February’s villain, basketball was March’s hero. Basketball tournament March Madness led to $10.5m worth of

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Rhode Island remains behind expectations despite positive March

Rhode Island sportsbooks made $1.5m in March, largely due to the NCAA ‘March Madness’ basketball tournament. Since sports betting launched in November, a total of $1.8m has been made so far, with $925,000 heading to the state as part of its share; operators lost close to $900,000 for February as a result of the New

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Vietnamese police shut down $1bn online gambling operation

In what is believed to be the largest ever online betting operation in Vietnam, the gambling organisation was operating in a “sophisticated manner that had been so difficult to detect,” the police commented. The raids took place across the country last week and police discovered hundreds of thousands of accounts tied to a ring worth

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William Hill accelerates Sweden plans with Kambi sportsbook

In March, the operator announced plans to enter Sweden but has since decided to accelerate this process. William Hill will now rebrand its Redbet.se site to WilliamHill.se, with work “well underway” to align the Kambi sportsbook to meet this site’s product requirements. Kambi CEO Kristian Nylén recently told Gambling Insider the Swedish sports betting market

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DraftKings and FanDuel launch $1m campaign against Illinois bad-actor clause

According to Legal Sports Report, the campaign targets Rivers Des Plaines Casino, claiming the casino wants to exclude the operators from Illinois to reduce competition. FanDuel has been the leading sportsbook in terms of revenue within the state of New Jersey to date, with DraftKings second in the running. The bad-actor clause being debated in

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