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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...
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The Latest Sports Betting News Coverage and Headlines from around the World
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 of 141 weeks for online betting that started in January...
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...