Sports Betting News by Bookies

New York Sports Betting Handle Up in September

According to the latest reports, the New York sports betting handle increased to $1.8 billion in September, a 25 percent improvement from August. However, it was lower by 2.3 percent year over year. In addition, the gross gaming revenue dropped 3.7 percent to $159.4...

How Technology and Personalization Drive NBA In-Play Betting

The NBA regular season kicks off on October 22nd when the New York Knicks will be taking on the Boston Celtics. There will be many exciting plays, and bookies can capitalize on that by offering NBA in-play betting. According to pay per head sportsbook providers, they...

Codere Finalized Its Global Recapitalization, Reduced Debt by $1 Billion

Codere finalized its global recapitalization procedure and announced that it had reduced its debt from $1.52 to $207 million. In addition, the Spain-based operator aimed to change its capital structure. The company started in 1980 and pioneered retail sports betting...

SI Sportsbook Exits the Colorado Sports Betting Market

Colorado has become the testing ground for alternative and small sportsbook operators. However, it faces a significant shift as another betting platform exits the Colorado sports betting market. According to bookie software experts, SI Sportsbook is the seventh...

New York Breaches $50 Billion in Mobile Sports Betting Handle

New York’s mobile sports betting handle reached $50 billion, as the state’s gaming regulator announced a historic week for the industry that ended last Sunday. According to the New York State Gaming Commission, players wagered $478 million for the week, the 12th out...

Iowa Sports Betting Market Sees Increase in Wagers this August

For the first time since March, the Iowa sports betting market reports seeing an increase in month-over-month betting activity. This is quite remarkable, considering August is still considered as one of the slower months in sports betting. If you read reports from...

Nebraska Sports Betting Bills Introduced During Special Legislative Session

Governor Jim Pillen called for a special legislative session to find solutions to reduce property taxes in the state. The session will also discuss the legalization of online sports wagering. Thus, lawmakers introduced Nebraska sports betting bills. It was on July 25...

Kambi Group Appoints Werner Becher as the New CEO

Things are moving in the sports betting software industry as the Kambi Group Appoints Werner Becher as the New CEO. According to a Kambi Group PLC press release, Becher will start as the new Chief Executive Officer starting July 25, 2024. The date was chosen as it...

Meridianbet Receives South Africa Sports Betting License

Meridianbet, a subsidiary of Golden Matrix Group, received the green light from the Western Cape Gambling and Racing Board. The company has applied for and received a sports betting license in South Africa. Thus, it can offer sports wagering services in the country....

Sports Betting Stocks Drop as Illinois Senate Passed Tax Rate Increase

The Illinois Senate’s approval of a state budget, which notably included a tax rate increase on sports betting firms, had a tangible effect on the market. Sports betting stocks, including Flutter and DraftKings, experienced a slight dip. This development, reported by...

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