Major League Soccer MGM Gaming Deal

The Major League Soccer MGM multi-year strategic partnership deal is the first official gaming partnership of the MLS. Roar Digital becomes the exclusive official sports betting partner of the league. Both MGM Resorts and Road will have access to enhanced MLS data for fans and sports betting customers, as well as game footage and photography, MLS-themed promotions and sweepstakes, television-visible signage for nationally broadcast games in the US, MLS talent and a range of hospitality and event opportunities. The agreement also sets out plans for MLS to work with MGM Resorts and Roar to develop an exclusive free-to-play game for…

Pennsylvania Fantasy Sports Decline Third Straight Month

The Gaming Control Board in the Keystone state has reported a 23% decline in Pennsylvania fantasy sports contests for February. This is the vertical’s third consecutive month of revenue decline. Total revenue for February fell to $1.6m, with DraftKings leading the market in the month. The fantasy sports giant generated revenue of $906,451.16, or 56% of the total, though this represented a 12% month-on-month fall. FanDuel also saw its revenue fall sequentially, down from $998,218.08 in January to $622,815.68. Once again, FanDuel and DraftKings accounted for the vast majority of fantasy revenue generated in the state over the month, accounting…

47 Million Americans will Bet on March Madness

Americans plan to Bet on March Madness to the tune of $8.5 billion. About 1-in-5 adults will be placing a bet on the NCAA men’s basketball tournament, according to a new survey released today by the American Gaming Association. “During this year’s tournament – the first in post-PASPA America – sports fans are expected to bet 40% more than they did on this year’s Super Bowl,” said Bill Miller, AGA’s president and chief executive officer. “Unlike any other sporting event in the country, March Madness attracts millions who fill out brackets, make casual bets with friends or wager at a…

Ohio sports betting

Ohio Sports Betting Bill Introduced

An Ohio sports betting bill has been introduced by lawmakers in the state. The bill could lead to legalize the activity for the state’s 11 casinos and racinos, as well as permit online gambling. Venues that want to offer sports betting services would need to pay a license fee of $100,000, and licensees would be able to enter partnerships with operators in order to offer sports wagering. Casinos and racinos that secure a license would be subject to a tax rate of 6.25% on gross sports betting revenue. However, the bill omits any language relating to a so-called ‘integrity fee’…

The NCAA Sports Betting Shift

A shift is occurring in the NCAA sports betting relationship. After decades of resistance to legalized gambling on sporting events (with six years as the lead plaintiff in the lawsuit against New Jersey that eventually made its way to the Supreme Court) the NCAA is moving to address sports betting integrity in new ways. “Sports wagering is going to have a dramatic impact on everything we do in college sports,” said NCAA executive Mark Emmert at the organization’s annual convention in January and first reported by the Associated Press. “It’s going to threaten the integrity of college sports in many…

Sports Betting in Georgia Considered

Lawmakers are considering sports betting in Georgia in a resolution that would amend the state’s laws and legalize in-person wagering at licensed gambling facilities. House Resolution 380 would enable the Georgia General Assembly to establish a framework, under which gaming facilities could apply for a license to offer sports betting services. The resolution does not make any reference to either mobile or online betting, with punters set to be limited to in-person wagering. Although the resolution does not include details as to how much licenses will cost or the tax rate that license-holders will face, it does state funds generated…

Sports betting and esports

How can eSports restart the economy

So, we are going to become experts in the field of eSports, but first let’s consider what it is. This is not only a new sport popular among the “new generation”, but also a large profitable media market. The Guardian claims that this market is about $ 1.7 billion. Experts also note that this market is growing by 22-30% per year. Today, eSports as popular as casino slots. It is no secret that the virtual casino, for example such as Stake7 Casino has become very popular in a short period of time. Each game portal gives a lot of opportunities to…

NBA

NBA Stars Group Strengthen Relationship

The NBA Stars Group bond is continuing to grow, as the Toronto based Stars Group has unveiled a deepening of its agreement with the NBA. Inking its previous deal under its BetStars brand, the new agreement comes concerning its majority owned Australian BetEasy entity, which has secured the honor of becoming the first official wagering partner of the NBA in the nation. Under the terms of the deal, BetEasy is to have the right use NBA assets across its marketing materials, in addition to having its products promoted directly to NBA fans in the country. Furthermore, the online gambling company…