2FA coming to New Jersey online gambling sites in June
Summary: Per a regulation passed in March, online gambling sites will require customers to use two-factor/multi-factor authentication in the coming weeks. Why it matters: Multi-factor authentication is in wide use across the internet and is already required for a variety of online financial transactions, correspondence, and social media. New Jersey is the first state to […]
Read MoreSports betting in stadiums a popular pastime with New Yorkers
@ButlerBets: On Opening Day 2022, the first with legal mobile sports betting in New York:- 15,000 geolocation checks / 2,600 unique sportsbook users at Yankee Stadium- 17,000 geolocation checks / 4,000 unique sportsbook users at Citi Field(via @GeoComply)
Read MoreRetail slot machines are the gambling industry’s bread and butter
Summary: According to Eilers & Krejcik Gaming, the North American gambling industry generated $28 billion in revenue in Q1 2022, and that tally was mainly driven by slot machines, which accounted for $21 billion of all gambling revenue. Why it matters: Sports betting, online gambling, and other emerging verticals are hot topics, but when it […]
Read MoreSports betting and igaming 8% of North American gambling market
Summary: Online gambling and sports betting produced 8% of all gambling revenue in the US and Canadian markets in Q1 2022, according to the Eilers & Krejcik Gaming Revenue Brief. Why it matters: The 8% number represents the tip of the iceberg of online gambling revenue. Online casinos are available in just six states (11% […]
Read MoreCirca Sportsbook director on sportsbook margins
@MMpact: a sure fire way to leave money on the table as a sportsbook operator is to obsess over hold%. good bookmakers keep trying to write more $. amateur bookmakers try to raise their hold%.
Read More