theScore launches Get Into Bet Mode campaign in Ontario
theScore announces “Get Into Bet Mode” campaign ahead of Ontario launch”Our differentiated experience is this integration between media and betting, how theScore and theScore Bet together provide bettors a seamless, easy way to bring betting into and around media consumption.”- Aubrey Levy, SVP of Content and Marketing (Source Link)
BetMGM fined by New Jersey for allowing in-state college bets
Summary: The New Jersey Division of Gaming Enforcement levied $25,000 in fines against BetMGM for accepting two bets involving in-state college teams and events in 2021. The bets came in on a game involving New Jersey-based Rutgers University, and a Metro Atlantic Athletic Conference college basketball tournament game. Why it matters: New Jersey laws prevent […]
Offshore book shutdown underscores importance of regulation
Summary: Action Network reported that a well-known offshore online sportsbook went offline as of Monday, and isn’t responding to customer queries. Why it matters: The sudden disappearance of the offshore site could lead to a permanent disappearance of customer funds deposited to that site. Such a situation would never happen with a regulated online gambling […]
FOX Louisville affiliate GM pushes for sports betting legalization
On legalizing online sports betting in Kentucky”The fact is, we are missing out. Last year, Indiana brought in more than $20 million in tax revenue from sports betting. Our state and local economy can use the extra funds to potentially help with sales, or property tax, or maybe it could get divided, to help with […]
GAN’s market fragmentation leaves little room for manoeuvre
Summary: GAN CEO Dermot Smurfit’s optimistic words on California and other states opening up to regulated online gambling are at odds with the reality on the ground. Why it matters: During GAN’s call with analysts earlier today Smurfit said growth would come from icasino regulation, more states regulating and midsize operators such as tribal casinos […]