Category: Sports Betting and Fantasy News
India Needs Gambling Commission to Boost Sports Betting Revenue
For sports betting revenue to grow, the Indian government has been urged by an industry lobby group to establish a commission that will have the power to clamp down on illegal operations in the country. In a presentation to the government, Sanjiv Paul, chairman of the Federation of Indian Chambers of Commerce and Industry (FICCI), said that India was missing out on significant taxable income through the lack of a regulatory body for sports betting. “India is continuing to lose billions of dollars in taxable revenue through illegal operations in sports betting,” Paul said. A FICCI report added that introducing…
New Jersey final appeal for sports betting
From Philly.com In a landmark case being watched closely by other states, New Jersey made a final appeal Wednesday to be able to offer wagering on pro and college sports. And lawyers for the four major professional sports leagues and the NCAA reiterated their position why New Jersey should be forbidden to do so. The two sides appeared in a packed courtroom for a 11/2-hour session before the U.S. Court of Appeals for the Third Circuit in Philadelphia. The three-member panel hearing arguments consisted of Judges Julio Fuentes, D. Michael Fisher, and Thomas Vanaskie. “The leagues have not, and cannot,…
Sportradar and ITF launch new live scoring system
From iGaming Business Swiss sports and betting-related data services supplier Sportradar has launched a new live scoring system in partnership with the International Tennis Federation (ITF). The new system will cover about 50,000 matches per season from all of the ITF’s Pro Circuit tournaments with data set to be sourced directly from match umpires. The ITF schedule compromises more than 1,000 tournaments per year and the new system will enable Sportradar to expand Betradar’s live betting services. Sportradar started working with the ITF in 2012 to collect and supply live data from selected tournaments to the media and betting industry….
bwin partnering with Olympique Marseille
From iGaming Business Online gambling firm bwin is set to be the official betting partner for French football club Olympique Marseille next season. According to reports from the French media, the Ligue 1 soccer club is yet to formally announce the new partnership but has already started promoting bwin-related offers on its official website. French online betting market leader Betclic was the club’s shirt sponsor until it was replaced by Intersport in 2012 following Betclic’s decision to restructure the company and cut costs at the end of 2011. The new deal will not see bwin serve as the shirt sponsor…
Las Vegas Sports Betting Kiosks Coming
Sports betting kiosks in Nevada will disappear on Sunday as William Hill pulls them out of about half the 84 bars, taverns and restaurants in which they operate statewide. Gone will be the opportunity for patrons to open an account, fund it or withdraw money, as well as place bets all without visiting a traditional casino-based sports book. But what remains is the ability for customers to fund their mobile sports betting accounts and get updated lines on games, according to a William Hill executive. “We are repositioning them from kiosks to mobile sports betting deposit hot spots,” said Dan…
Sky Bet links up with Leeds United
From iGaming Business Sky Bet, the sportsbetting division of parent company Sky Betting and Gambling, has agreed a deal to become the official betting and gaming partner of Leeds United for the 2013/14 season. In addition to delivering matchday betting operations, Sky Bet will also feature heavily across the second-tier club’s digital marketing and broadcast platforms. The sportsbetting company will receive television and signage branding at the club’s Elland Road stadium, engagement opportunities with fans and advertising across all matchday media platforms including the club’s own LUTV pay-television channel. “In addition to providing in-stadium matchday betting for fans, our trading…

















