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Sporttrade expands US footprint via Penn National and Caesars Entertainment deals

Following regulatory approval, Sporttrade will make its sports betting exchange platform available to players in Indiana and Louisiana, building on recent expansion efforts into New Jersey and Colorado. Starting in 2023, eligible participants in the Hoosier and Bayou States will be able to access the company’s exchange, “where you can trade sports bets like you […]

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IGT posts record $902m in full-year operating income

From this, the London-based business produced $902m in operating income, a new record, supported by strong global lottery operating leverage and company-wide cost savings. IGT managed to reduce its net debt by $1.4bn in 2021, while its operating leverage increased to 3.5x, the lowest level in company history and achieving its target a year early.

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Sportradar CEO Carsten Koerl: Sports betting will “morph into media”

Particularly the US, Koerl notes, has been experiencing a boom in the popularity of online sports betting, birthed from a “deep passion for information” held by many gamers. Koerl claims many US players crave to “understand more about a player,” a gaming trend that mirrors a rise in popularity of fantasy sports.   By applying greater

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Elys extends existing sportsbook partnership with Isleta Resort and Casino

The agreement is fulfilled through Elys’ betting technology subsidiary, US Bookmaking, and offers event wagering on the likes of NFL, NBA, NHL, MLB, as well as college sports. The sportsbook at the Isleta Resort and Casino is fully serviced by US Bookmaking, including self-service kiosks and in-person ticket counters.  John Salerno, Director of Operations, US

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Sweden reports SEK 26bn in sales from licensed operators for 2021

Spelinspektionen, or the Swedish Gambling Authority (SGA), has reported a modest increase in net sales (players’ bets minus paid out winnings) for Sweden’s gambling sector, up 5% from 2020’s SEK 24.7bn, and even exceeding pre-pandemic levels. Public health measures introduced in response to Covid-19 continued to impact the Scandinavian country’s gambling market in 2021, though

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PlayUSA: 2022 NCAA Tournament could generate $3bn in legal wagering

The company, which focuses on news, analysis and research on the US gaming industry, says that tournament specific wagering could triple the nearly $1bn in wagers taken in on February’s Super Bowl LVI. It could also top the 2021 NCAA Tournament as the most bet-on sporting event in US history. It is expected that between

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Gambling Insider’s B2B Cheltenham preview – part two: Press Box PR

>Jack Mansell, Director, Press Box PR talks Gambling Insider through a huge week for the industry, with the Cheltenham Festival about to kick, neigh, gallop off. We’re nearly there… the most eagerly anticipated four days in jump racing are almost upon us. It feels this year’s Cheltenham has taken on the greatest significance that I can

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Westgate SuperBook leads calls for insider information inquest into Tom Brady’s comeback

Brady, who has enjoyed a prolific career in the NFL, played for both New England Patriots and Tampa Bay Buccaneers across 22 successful seasons.  However, just 40 days after initially announcing his retirement from the sport, Brady signalled he would return to the Buccaneers.  As has been reported by a number of Las Vegas sportsbooks,

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