USA Today to launch fantasy sports gaming site

iGaming Business – National US daily newspaper USA Today has unveiled plans to launch a fantasy sports gaming website that will focus on daily tournament-style games. According to the Adage.com website, Fantasy Score will allow players to compete in daily fantasy NFL American football games, with games involving NBA basketball, NHL ice hockey and MLB baseball due to be introduced in the coming months. The new service will initially earn revenue from selling display adverts and native advertising, sponsorship and game management fees. Mark Pesavento, vice-president of innovation at the USA Today Sports Media Group, said that once a certain…

Betfair sells stake in Australian venture to Crown

iGaming Business – Betfair has sold its 50% stake in Betfair Australia to casino operator Crown Resorts, the online gaming company’s partner in the joint venture. Formed in 2004 by Betfair and Crown, Betfair Australia offers various services to players in the Australasia region. Earlier this year, iGaming Business reported that Crown was set to complete a buy-out of the business. Under the now-confirmed agreement, Betfair will continue to provide Crown with its betting exchange in Australasia under a new business-to-business model. The online gambling firm will also receive a share of revenues generated by the change in markets within…

USA Today to launch fantasy sports gaming site

iGaming Business – National US daily newspaper USA Today has unveiled plans to launch a fantasy sports gaming website that will focus on daily tournament-style games. According to the Adage.com website, Fantasy Score will allow players to compete in daily fantasy NFL American football games, with games involving NBA basketball, NHL ice hockey and MLB baseball due to be introduced in the coming months. The new service will initially earn revenue from selling display adverts and native advertising, sponsorship and game management fees. Mark Pesavento, vice-president of innovation at the USA Today Sports Media Group, said that once a certain…

CG Technologies Upgrades Mobile Sports Betting App

Operator CG Technologies has launched an upgrade to its mobile sports betting app that developers said increases the opportunities for customers to bet on games. CG Technologies CEO Lee Amaitis said the company, which operates race and sports books at eight Las Vegas resorts, generates roughly 60 percent of its wagers from its mobile wagering application. The company has operated mobile sports wagering since 2012 and has some 20,000 registered users. Last year, more than $3.5 billion was wagered in Nevada sports books. Amaitis expects the upgraded application, which was softly launched last week, to grow the company’s percentage of…

Sports Betting in New Jersey

Christie Vetoes New Jersey Sports Betting Bill

With his veto pen, Gov. Chris Christie all but ended the New Jersey sports betting efforts to institute sports betting at its casinos and race tracks. Christie’s office announced today that he nixed a bill (S2250) that would have allowed New Jersey to circumvent the 1992 federal law that bans sports betting in most states, after New Jersey’s challenges to the law in court failed. In doing so, Christie called federal law “sacrosanct,” while the sponsor of the bill, state Sen. Raymond Lesniak, said Christie “stuck a dagger in the heart of Atlantic City and our ailing horse racing industry.”…

William Hill extends Scottish Sprint Cup sponsorship

iGaming Business – UK bookmaker William Hill has extended an agreement with Musselburgh Racecourse to continue its title sponsorship of the Scottish Sprint Cup annual horseracing event. The deal will run for three years, from 2015 until 2017. The £100,000 (€124,855/$170,210) five-furlong race is hosted at the Musselburgh Racecourse each year and is regarded as the venue’s showpiece event. The race will continue to be known as the £100,000 William Hill Scottish Sprint Cup under the terms of the deal. The agreement will strengthen William Hill’s Scottish sports sponsorship portfolio, which also includes the Ayr Gold Cup Festival horseracing event…