As more states join the US sports betting and igaming fray, the market dynamics are evolving rapidly. Robbie Sexton, Director of Partnerships & Sports Betting & Gaming at Xtremepush, sat down for an interview with Oren Langburt, VP of Marketing at InclineBet to talk about the current state of play in the US. XP: Can you give us an overview …
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Colossus Bets sues DraftKings of IP infringement of Cash Out product
Colossus Bets has filed a US Patent lawsuit against DraftKings in relation to the infringement of its Cash-Out product. The lawsuit has been filed with the District Court of Delaware and sees Colossus accuse DraftKings of infringing seven patents across sports betting and gaming products that are incorporated within its Cash-Out feature. Global law firm DLA Piper will represent Colossus …
Read More »Martin Lycka: The importance of being liquid
Market-by-market, regulators face critical choices in how to govern the intricacies of managing product liquidity vital for all online gambling disciplines. Martin Lycka, Entain Plc’s Senior VP of North American Regulatory Affairs and Responsible Gambling examines how regulators should approach online gambling’s complex liquidity conundrum, maintaining a balance between effective market management and commercial appeal for consumers. ____________________ Liquidity is …
Read More »Martin Lycka: Supreme Court’s (sports betting) punt return and beyond
In the second of a series of columns on international gambling legislation, GVC’s Director of Regulatory Affairs Martin Lycka takes a look at the current activity around sports betting in the US and tracks how the industry has arrived there and where it should go next. It is 14 May 14 2018, which may be the US football offseason, yet …
Read More »Winning Post – The implications of Italian regulations
Regulus Partners, the strategic consultancy focused on international gambling and related industries, takes a look at some key developments for the gambling industry in its ‘Winning Post’ column. Italy: commercial gambling – ad ban demonstrates failure to communicate Further to last week’s reports, Italy’s council of Ministers approved the so called ‘Dignity Decree’on Monday which introduced a blanket ban on …
Read More »Chris Murphy: Americas Outlook – Frantic first steps for those early US betting adopters
Chris Murphy Editor of SBC Americas details a chaotic first two months of US legislative activity post-SCOTUS’ repeal of PASPA’s federal mandate. What sense if any can the industry make of early US state adoption of sports betting laws… _________________________________ More than two months have elapsed since the landmark ruling that saw the Supreme Court of the US (SCOTUS) overturn …
Read More »New Jersey to accept first sports bet this week
New Jersey is all set to begin its sports wagering business this week, following a years long battle, after Governor Phil Murphy signed Assembly Bill 4111, following Delaware’s lead on Tuesday of last week (June 5). Allowing sports betting at the state’s casinos and racetracks for certain professional and collegiate sports or athletic events, local media is stating that Monmouth …
Read More »GVC gains first mover advantage in Delaware through Stadium Technology
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, …
Read More »DFS shut down in Delaware
After its success in New York last week DFS operators suffered a blow it has been announced that they will no longer be allowed to offer real money DFS games in the state of Delaware. The Delaware Department of Justice has issued formal releases to companies operating in the state such as DraftKings, FanDuel and Yahoo stating that Delaware residents should …
Read More »Wynn backs out of New Jersey online gambling
It appears that casino mogul Steve Wynn will pass on a return to New Jersey as US new sources report that Wynn Resorts Ltd has withdrawn its application for a state online gambling licence. Its digital gaming subsidiary Wynn Interactive is said to have withdrawn its application a month ago with New Jersey’s Gaming Enforcement Division having examined the opportunities …
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