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All of the funds raised are committed by the supplier to help take advantage of the US Supreme Court’s decision to repeal the Professional and Amateur Sports Protection Act and the sports betting opportunities it has created. New York-based RDA Ventures, an investment firm, led Metric Gaming’s series A funding. The company is looking to […]

The policy, brought in by Italian Deputy Prime Minister Luigi Di Maio, has outlawed all forms of gambling advertising and sponsorship. However, Quirino Mancini, partner at Tonucci & Partners, believes the “stupid” policy sets a “dangerous precedent” for other European governments. Mancini says the Dignity Decree was brought in to tackle problem gambling within the

The online gaming operator has released its half-year report for the six months ended 30 June 2018, revealing a turnaround in pre-tax profit from a $17m loss in 2017 to a $60.1m gain in 2018. As a result, adjusted profit before tax also increased by 13% to $42.5m, with adjusted EBITDA increasing by 10% to

A Nielsen Sports study has analysed the revenue streams legal sports betting could generate for the NHL; $151m of which would come from increased consumption of the league’s products. This would include media rights, sponsorships, merchandise and ticket sales. An additional $65m would be generated from spending by betting operators and data providers, spread between

GVC owns UK operator Ladbrokes Coral after its successful takeover in March and Alexander believes “most people” within the industry think there are “far too many” adverts. The CEO has urged collaborative action before operators get to a level where regulators will be forced to intervene. The Italian government recently imposed a blanket advertising and

The operator has added “proud sponsors of the New York Jets” on its website, despite no official announcement from the NFL team. The deal was clear for all Jets fans to see, too, with bright orange 888.com banners on display outside the MetLife Stadium on Sunday. There was no mention of 888’s sportsbook on the

Nevada’s previous record was set in September 2012, when it generated $53m in sports wagering revenue. The latest tally will encourage Las Vegas-based operators and other gambling companies within the Silver State that new competition will not deter seasoned Nevada customers. Since the Professional and Amateur Sports Protection Act was repealed in May, sports betting

The NFL team tweeted its fans and 983,000 followers, reminding them to “protect their rights” and “vote no on Amendment 3.” A total of 60% of votes are needed for it to take effect. The Amendment in question does not directly deal with sports betting but, if passed, would force any future gaming expansion through

Any agreement could involve selling the team’s stadium naming rights. The New York Business Journal reports that, while MLS currently prohibits sports betting sponsorships, the league is reviewing its policies ahead of the 2019 season. Marc de Grandpre, New York Red Bulls General Manager, is quoted as saying: “If we can find a partner or

Since the repeal of the Professional and Amateur Sports Protection Act in May, New Jersey, West Virginia, Mississippi and Delaware have all legalised regulated sports wagering, while Nevada was the only state which previously allowed it. But Sportradar’s Vice President of Legal and Regulatory Affairs, Jake Williams, told Reuters at the conference four to eight