FTSE-listed gambling group GVC Holdings has announced that its proprietary US sports betting platform operated by Stadium Technology Group (“Stadium”) will power the first single-game wagers accepted within the state of Delaware.
Delaware is set to become the first US state to launch single-game sports betting provisions, which will be permitted within the state’s three licensed casinos – Delaware Park, Dover Downs and Harrington Raceway.
Under its current gambling framework, Delaware has pre-existing regulations for parlay-betting (US pool wagers).
Pushing forward with a sports betting mandate, Delaware’s governor John Carney has expanded the state’s existing betting laws to cover single-sports betting events.
To date, GVC’s proprietary Stadium software has been utilised by Delaware casinos as lead betting systems. Furthermore, Stadium details that it has the capability to rollout to the other 100+ licensed locations extending GVC presence within an open US market.
GVC’s Director of Development and Corporate Strategy, Adam Greenblatt stated: “We are delighted to be up-and-running as the first – and currently only – provider with a market-ready solution for our partners in the new regulatory environment. As legislation evolves in the post-PASPA world, having the capability and flexibility to be able to get to market fast, with proven and compliant technology, is a key advantage for us.
“This small but important step on the pathway of regulatory reform in the US sports betting and iGaming market shows the preparedness of GVC to take an active part in the development of the sector. We believe the Group’s proprietary, omni-channel technology coupled with our extensive US and international operating experience and trading expertise, positions us for long-term success.”