Author: Staff Writer

In December, Oregon’s sports betting scene shattered previous records, with a remarkable handle of $74.3 million. This surge eclipsed the previous high of $71.9 million set just two months earlier in October 2023. Compared to December 2022, when $53.8 million was wagered, this figure was a substantial 38.1% increase, underscoring the growing popularity of sports betting in the state. The sport that drew the most attention from bettors was American football, with a staggering $23.1 million in wagers. Basketball followed closely behind, accounting for $16.5 million in bets, while football and ice hockey generated $3.3 million and $2.0 million in…

After an impressive tenure as the UK and Ireland commercial director at Betfair since August 2019, Tom Hayward is stepping into a new role as the managing director at Betfair for Flutter UK & Ireland. Hayward’s journey with Betfair has been marked by dedication and progression since he first joined the company as a commercial graduate in September 2008. Over the years, he has steadily climbed the ranks, holding various director positions and even serving as an integration director at the broader Paddy Power Betfair business. In a recent LinkedIn post, Hayward expressed his enthusiasm for this new chapter, stating,…

In 2023, Pennsylvania’s gaming revenue shattered records, surging by a remarkable 9.3% to reach an unprecedented high of $5.71 billion, surpassing the previous record of $5.21 billion set in 2022. This comprehensive revenue figure encompasses a diverse array of gaming segments, including slot machines, table games, sports wagering, igaming, video gaming terminals (VGTs), and fantasy contests. Among these segments, physical slot machines remained a dominant source of revenue, showing a solid 3.1% increase to reach $2.46 billion. However, land-based table games saw a slight dip of 1.9% in revenue, totaling $971.7 million. A significant contributor to this surge in gaming…

Cedric Pietersz is set to assume the role of CEO at the Curaçao Gaming Control Board (GCB) starting from February 1, 2024. In this capacity, Pietersz will take on the responsibility of overseeing all ongoing licensing activities conducted under the current legislation, the National Ordinance on Offshore Games of Hazard (NOOGH). Additionally, his role will involve supervising Curaçao’s transition to the National Ordinance for Games of Chance (LOK). Pietersz brings a wealth of experience to his new position, having previously held various roles at the Centrale Bank van Curaçao en Sint Maarten for over two decades. His professional journey within…

In April 2022, the province of Ontario officially regulated its iGaming industry, overseen by iGaming Ontario, a subsidiary of the Alcohol and Gaming Commission of Ontario (AGCO). This move brought transparency and legal structure to the gambling sector, allowing for the collection of revenue from various sources, such as cash wagers, rake fees, and tournament fees. Ontario’s iGaming market boasts several prominent operators, including industry giants like PointsBet, Rush Street Interactive, Bet365, and FanDuel. During the third quarter of the financial year, player spending surged by an impressive 21.1%, reaching a staggering $17.2 billion, when compared to the previous quarter.…

On February 1st, Stian Hornsletten, a co-founder of EveryMatrix, is set to take on a new role within the company. With a long-standing history at EveryMatrix, Hornsletten’s journey began when he assumed the position of CEO at the company’s inception in 2008. Over the years, he held various executive positions, including executive chairman and executive director, before taking on the role of COO in November 2019. Before joining EveryMatrix, Hornsletten co-founded BetonBet in January 2001. EveryMatrix CEO, Ebbe Groes, expressed his gratitude for Hornsletten’s pivotal role in establishing the company, stating, “If it wasn’t for Stian, there would not be…

In December, Massachusetts witnessed a remarkable surge in combined sports betting and casino revenue, totaling an impressive $163.6 million, representing a substantial 14.4% increase from the preceding month. This substantial growth in revenue has undoubtedly caught the attention of industry observers and stakeholders alike. Starting with sports betting, the month of December saw a narrow but significant triumph, surpassing the previous record set in November. The Bay State officially embraced legal sports betting in March 2023. During this month, avid players enthusiastically placed bets totaling $643.2 million online, with an additional $15.5 million in wagers made at retail sportsbooks. In…

Under the terms of the agreement, IGT (International Game Technology) will retain its role as the provider of the core lottery system for the National Lottery. This development is a significant step as Allwyn, the new operator, prepares to take the reins of the National Lottery on February 1st. Allwyn was awarded the fourth National Lottery license in September 2022, marking the end of Camelot’s longstanding stewardship of the lottery, which began in 1994. IGT has expressed its commitment to supporting the operation of the National Lottery and working in collaboration with various other suppliers and Allwyn. Jay Gendron, Chief…

Milanov has been slapped with a staggering 17 breaches of the ITIA Tennis Anti-Corruption Programme (TACP). His punishment is a ban that stretches from December 28, 2023, until December 27, 2039. These severe charges revolve around five tennis matches that Milanov officiated in 2021. Among the various violations outlined by the ITIA, five were found to relate to Section D.1.b of the 2021 TACP. This section pertains to directly or indirectly enabling anyone to place bets on the outcome or other aspects of an event. Additionally, five breaches were discovered under Section D.1.m of the TACP, which pertains to delaying…

In December, Indiana witnessed a remarkable surge in its taxable adjusted gross revenue, narrowly surpassing the previous record set in September 2022. The revenue for December reached an impressive $50.5 million, marking an 18.5% increase compared to December 2022, when it stood at $42.7 million. Moreover, December’s revenue was a striking 64.8% higher than November 2023’s total of $30.7 million. Indiana’s handle, which reflects the total amount wagered by consumers, came tantalizingly close to breaking records in December. The state saw a significant betting activity, with consumers collectively wagering $503.1 million during the month. This figure represents the second-highest monthly…