Better Collective sees “unprecedented” New York customer wave
Summary: The affiliate provider said business had been so brisk with signups in New York in January that it help push its US revenues for the month to €13m or $14.5m, more than the company made from the US in the whole of 2020. Why it matters: The affiliate sector is the most obvious ‘picks-and-shovels’ […]
Sporttrade secures two more market access deals
Summary: Sports betting exchange Sporttrade announced market access deals in Louisiana and Indiana Wednesday, doubling the company’s footprint after sticking similar arrangements in Colorado and New Jersey. Why it matters: As online and retail sportsbooks have launched in more than 30 states (with more to come), betting exchanges such as Sporttrade, which the company says […]
Louisiana clears $40m handle in first four days of legal online betting
Summary: Louisiana online sportsbooks generated $40.5 million in the first four days after launching on January 28. Net revenue came in at a $9 million loss after deductions for promo credits. Why it matters: Louisiana’s online sports betting era started with a successful launch in terms of betting handle. Per capita betting was higher in […]
Online sportsbook could find new Louisiana license option
Summary: A Louisiana casino could have to forfeit its license in the coming months, possibly creating a new entry point for a Louisiana online sportsbook. Why it matters: Third-party online sportsbooks typically share between 5% and 15% of their net gaming revenue with partner brick-and-mortar casinos, meaning an untethered license could be an enticing entry […]
AGA looks forward to more regulation as betting records smashed
Summary: During a webinar looking at the year ahead, American Gaming Association President and CEO Bill Miller said sports betting has smashed all revenue records and was confident of more betting regulation in 2022. Why it matters: It’s a positive trend for the industry and mobile operators in particular.It also shows that the concept of […]