Wagering

Indiana's Betting Volume Dips in June but Soaring Revenue a Welcome Result for Sportsbooks, According to PlayIndiana

Retrieved on: 
Monday, July 12, 2021
Gambling, Wagering, Sports betting, Sportsbook, Betting in poker

"Overall, Indiana's sportsbooks have performed well over the last three months compared with other Midwestern states, which have so far experienced steeper declines in betting volume."

Key Points: 
  • "Overall, Indiana's sportsbooks have performed well over the last three months compared with other Midwestern states, which have so far experienced steeper declines in betting volume."
  • Despite the drop, average betting volume remained at $8.2 million per day over the 30 days in June, equaling the 31-day average in May.
  • Sportsbooks generated $26.7 million in gross gaming revenue from June's wagering, which was up 48.5% from $18.0 million in May.
  • The last three months typically three of the slowest sports betting months of the year have been a mixed bag for Indiana.

Prophet Partners With Caesars Entertainment to Launch Online Sports Betting Exchange in New Jersey and Indiana

Retrieved on: 
Monday, July 12, 2021
Entertainment, Sports, Technology, Mobile, Wireless, Software, General Sports, Casino, Gaming, Gambling, Wagering, Entertainment, Sports betting, Betting exchange, eSports, Bookmakers, Browser-based game websites

The agreement with Caesars will see Prophet launch its innovative peer-to-peer sports betting exchange, betprophet.co , initially in New Jersey for the 2021 NFL and college football season, and Indiana in 2022, before future rollouts to additional U.S. states.

Key Points: 
  • The agreement with Caesars will see Prophet launch its innovative peer-to-peer sports betting exchange, betprophet.co , initially in New Jersey for the 2021 NFL and college football season, and Indiana in 2022, before future rollouts to additional U.S. states.
  • "We are delighted to announce our agreement with Caesars which will see Prophet launch for the 2021 football season, commented Dean Sisun.
  • Prophet is going to be the sports betting exchange of choice because of its simplicity and focus on sports betting principles.
  • Prophet is an innovative peer-to-peer sports betting exchange which was formerly licensed in the UK and operated out of London.

XR Casino Aims to Disrupt Online Gambling and Sports Betting Industries through Augmented Reality (AR), Mixed Reality (MR) and Virtual Reality (VR) Technologies

Retrieved on: 
Friday, July 9, 2021
Sports betting, Wagering

XR technologies are changing the way we interact with each other andeliminating the need for expensive equipment, said XR Casino CEO Dan Martinez.

Key Points: 
  • XR technologies are changing the way we interact with each other andeliminating the need for expensive equipment, said XR Casino CEO Dan Martinez.
  • XR Casino has first movers advantage in providing XR SaaS solutions to online, traditional casinos and sports betting companies.
  • Our solutions create value for the gambling industry and offer competitive differentiation to attract new Generation X, Y and Z players worldwide.
  • Such forward-looking statements are risks that are detailed in the Company's website and filings.

Two Great Minds of Chipz, the first-of-its-kind privacy-oriented online-betting platform

Retrieved on: 
Friday, July 9, 2021
Wagering, Blockchains, Cryptocurrencies, Cross-platform software, Ethereum, Betting in poker, Online gambling, Gambling, Human activities, Human behavior, Operating systems

The web-based betting platform will allow people to place bets on various sports events using the ERC-20 CHPZ token.

Key Points: 
  • The web-based betting platform will allow people to place bets on various sports events using the ERC-20 CHPZ token.
  • However, there will be a need to pay gas fees and betting amounts which require linking the platform with your non-custodial wallet.
  • So lets learn more about these two great minds behind one of the best decentralized platforms ever designed.
  • Together, these great minds have pioneered a decentralized gaming platform that will revolutionize the online betting industry for years to come.

BestFightOdds.com and ProBoxingOdds.com Now Part Of i15 Media's Growing US Affiliate Network

Retrieved on: 
Wednesday, July 7, 2021
Wagering, I15, Sports betting, Mixed martial arts

i15 Media now includes BestFightOdds.com and ProBoxingOdds.com under its umbrella of resources for sports bettors.

Key Points: 
  • i15 Media now includes BestFightOdds.com and ProBoxingOdds.com under its umbrella of resources for sports bettors.
  • Kendall Saville, Founder of i15 Media, said: "Now is the perfect time for i15 Media to dig deep and bring top-notch MMA and boxing content to sports bettors.
  • Alongside the company's various "Sharp-branded" sites for sports bettors in states with legal betting, i15 Media also operates GamingToday.
  • The i15 Media team will begin covering combat sports on the sites immediately, beginning with a highly anticipated MMA event scheduled for July 10, 2021.

West Virginia Lottery Commission Awards Genius Sports Landmark Sports Wagering License

Retrieved on: 
Friday, July 2, 2021
Data management, Entertainment, Sports, Technology, Software, General Sports, Casino, Gaming, Gambling, Sports betting, Wagering, Genius Sports, West Virginia Lottery, Sportsbook, Lottery

Genius Sports Limited (NYSE: GENI) (Genius Sports), the official data, technology and commercial partner that powers the ecosystem connecting sports, betting and media, announced today that it has been granted a permanent sports wagering license by the West Virginia Lottery Commission.

Key Points: 
  • Genius Sports Limited (NYSE: GENI) (Genius Sports), the official data, technology and commercial partner that powers the ecosystem connecting sports, betting and media, announced today that it has been granted a permanent sports wagering license by the West Virginia Lottery Commission.
  • Genius Sports is now operational in 13 U.S. states, powering award-winning official data, streaming, and marketing solutions for leading sportsbooks and lotteries.
  • West Virginia was the fifth U.S. state to offer legal and regulated sports betting when it launched in 2018.
  • West Virginia remains at the forefront of liberalization in the U.S. and one of the most proactive proponents of legalized sports wagering.

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Provention Bio, Washington Prime, Virgin Galactic, and RLX and Encourages Investors to Contact the Firm

Retrieved on: 
Thursday, July 1, 2021
Cars, Stock market, Motor vehicles, Financial law, Derivative, Wagering, Security, Stock, Acura RLX, Investment

On this news, Provention's stock price fell $1.73 per share, or 17.78%, to close at $8.00 per share on April 9, 2021.

Key Points: 
  • On this news, Provention's stock price fell $1.73 per share, or 17.78%, to close at $8.00 per share on April 9, 2021.
  • The Company further advised that, in an event of default, certain counterparties to the senior notes could accelerate the outstanding indebtedness due .
  • For more information on the RLX class action go to: https://bespc.com/cases/RLX
    About Bragar Eagel & Squire, P.C.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

Average Pennsylvanian Gambles $6,766 at Online Casinos per Year, Four Times the New Jersey Spend VegasSlotsOnline Reports

Retrieved on: 
Wednesday, June 30, 2021
Gambling, Entertainment, Casinos, Online casino, Progressive jackpot, Wagering, Sports betting

But it is yet to fully embrace its potential, with only five states currently allowing online casino wagers.

Key Points: 
  • But it is yet to fully embrace its potential, with only five states currently allowing online casino wagers.
  • VegasSlotsOnline Newstook the total handle data from each jurisdiction since iGaming legalization to estimate average yearly spend.
  • The average annual amount was generated by dividing handle by the number of years of online casino wagering in each state.
  • Average yearly spend per gambler was calculated by dividing the average annual handle by the estimated number of online casino players in each respective state.

Esports Betting Industry Showing Rapid Growth as Growing Number of States Jump on Board

Retrieved on: 
Tuesday, June 29, 2021
Gambling, Wagering, eSports, Video game culture, Sports betting, Skin gambling, Bookmaker

Even the most conservative estimates have the esports betting industry continuing to see rapid growth through 2025.

Key Points: 
  • Even the most conservative estimates have the esports betting industry continuing to see rapid growth through 2025.
  • E-sports betting is primarily a betting activity for the e-sports industry, usually online.
  • Such a large number of esports betting sites have helped many people enjoy a legal and safe way to bet on competitive gaming as a form of entertainment.
  • Skin betting blighted esports betting for many years as it was commonly linked with underage gambling.

Esports Betting Industry Showing Rapid Growth as Growing Number of States Jump on Board

Retrieved on: 
Tuesday, June 29, 2021
Gambling, Wagering, eSports, Video game culture, Sports betting, Skin gambling, Bookmaker

Even the most conservative estimates have the esports betting industry continuing to see rapid growth through 2025.

Key Points: 
  • Even the most conservative estimates have the esports betting industry continuing to see rapid growth through 2025.
  • E-sports betting is primarily a betting activity for the e-sports industry, usually online.
  • Such a large number of esports betting sites have helped many people enjoy a legal and safe way to bet on competitive gaming as a form of entertainment.
  • Skin betting blighted esports betting for many years as it was commonly linked with underage gambling.