With a population of 212 million people, Brazil is both the largest country in South America and, potentially, one of the biggest sports betting markets on the planet. Earlier this week, Secretariat of Evaluation, Planning, Energy and Lottery (SECAP), the agency tasked with regulating Brazil's gaming industry, released a proposed regulatory framework for sports betting…
There's no question that regulated sports betting in the United States has been a huge success. As the business booms, every month seems to bring a new record for amounts wagered, or revenue banked. In March 2022, it was the state of Colorado that soared to new heights with a monthly handle that eclipsed the…
The International Betting Integrity Association's (IBIA) Q1 '22 report on suspicious wagers found that tennis is currently generating more suspicious wagers than any other sport. This news comes as sports betting continues to boom across the world, and regulators are taking a closer look at every aspect of the gaming industry. According to the IBIA's…
In the world of sports, and sports betting, there are a few brands that stand out above all the rest. The Chelsea Football Club, Madrid, and - on the other side of the Atlantic - the New York Yankees. That's why FanDuel's recent announcement that they've signed on the official sports betting partner of the…
As regulated sports betting settles into its more permanent phase, gambling operators are being to experience the highs and lows of an established market. Take the case of Colorado's February sports betting handle and revenue for example. Colorado's regulated operators took in $440,508,421 worth of wagers in February, generating $19.6 million in revenue. While that…
Iowa is not a large state. It's population of about 3.1 million people places it as the 33rd most populous US State. But those three million Iowans placed $215 million worth of sports bets during February, 2022. The state's 18 licensed sportsbooks saw their business in February 2022 leap by an astonishing 50 percent over…
When the regulated Ontario igaming market opens for business on April 4, it's expected to be one of the more robust igaming markets in North America. So it's not surprising that gaming operators are tripping over each other in an effort to get a seat at this table where large servings of profits are sure…
March Madness has always been a busy time for sports betting in the United States, whether sports betting was legal or not. But this year, 30 US States offer regulated sports betting and industry insiders such as the American Gaming Association (AGA) are predicting that as many as 45 million Americans will be wagering as…
US-facing sports betting operators can add the state of Colorado to the list of places they've successfully conquered. Centennial State operators shattered their monthly handle record while raking in $573.7 million worth of wagers in January 2022 - up an astonishing 75 percent over January 2021 Sportsbooks benefited from several factors that boosted their take…
California is, by population, the largest US State with almost 40 million residents. But despite its massive population, and mature gaming market, Golden State lawmakers have almost no progress in moving forward on regulated igaming and sports betting. While political dealings, mainly involving the state's powerful Tribal gaming interests, have stalled progress, a new poll…
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