Cipher Sports Technology Group has secured capital to further its US sports betting ambitions as Australian-based investment firm Cygnet Capital led a $5m Series A funding round into the firm
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Cipher Sports Tech Group ‘thrilled’ as Cygnet Capital leads $5m Series...

Charlie Horner -
Bally Bet has launched its online sportsbook in New York, becoming the ninth and final operator to go live with its offering in the Empire State.
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SharpLink Gaming adds Tom Masterman as Vice President of Revenue

Conor Porter -
Sightline - Payments are the front door to the digital gaming space
Features

Joe Pappano, Sightline: Payments are the front door to the digital...

Martyn Elliott -
Bally Bet has launched its online sportsbook in New York, becoming the ninth and final operator to go live with its offering in the Empire State.
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Bally Bet launches online sportsbook in New York

Conor Porter -
SportsHandle and friends deliver another round-up of the week’s big developments in US sports betting. New Jersey Budget Makes Horse Racing Purses Whole Again New Jersey’s 2023 fiscal year budget, signed into law last week by Gov. Phil Murphy, includes a record $25 million purse subsidy for the state’s horse racing industry. “There was $15 million in the governor’s proposed budget for horse racing purses,” AJ Sabath, a longtime lobbyist for the Standardbred Breeders & Owners Association of New Jersey, explained to NJ Online Gambling. Read the full story here Tribes: Sovereignty At Risk From California Commercial Digital Wagering Initiative Proposition 27, the California initiative backed by commercial operators to legalize digital sports betting, continues to take a beating from many of the state’s tribes. On Thursday, the lobbyist group Californians for Tribal Sovereignty and Safe Gaming held an online press conference during which Chairman Daniel Salgado of the Cahuilla Band of Indians stated that tribal sovereignty and self-determination will be at risk should the proposition pass. Read the full story here FanDuel Makes Promotional Pivot From ‘Risk-Free’ To ‘No Sweat’ Bets On June 11, an article bearing the headline “FanDuel CEO Amy Howe Wants to Help the Sports-Betting Business Grow Up” appeared in the online version of The Wall Street Journal. Here, it was reported that FanDuel was “re-evaluating the use of terms like ‘risk free’ in its advertising promotions targeting new customers.” Shortly thereafter, on Sports Handle and other affiliated websites, the “risk-free” language in FanDuel’s promotions vanished, replaced by the phrase “no sweat.” Hence, rather than a risk-free bet, new customers are now offered a “$1000 No Sweat First Bet” — a shift that’s drawn measured praise from responsible gambling advocates and researchers who’ve long held that labeling such wagers “risk-free” was dangerously misleading, if not plainly inaccurate. Read the full story here Gold Rush Files Lawsuit Against Fellow VGT Operator Accel Entertainment Gold Rush Amusements has filed a lawsuit in Cook County claiming “illegal and tortious conduct” by Accel Entertainment, adding another chapter in the ongoing dispute between two of the three largest operators of video gaming terminals (VGTs) in Illinois. Read the full story here Tech Startup Gives BetPARX The Means To Personalize Betting Options Let’s say you’re an Eagles fan with a proclivity to bet on NFL football more than any other sport, and a proven interest in betting pre-game player props as your favorite type of wager — especially for a televised game you’re planning to watch. What if your mobile sports betting app could factor in all that information and use it to personalize and streamline the betting process? What if the day before the Eagles’ opener against the Detroit Lions on Sept. 11, the first thing showing up on your app’s screen isn’t a long list of different sports, but the option to bet the over/under on DeVonta Smith’s receptions in Sunday’s game? Read the full story here
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SportsHandle: the week that was in US sports betting

Brett Smiley -
IGT has reiterated its commitment to Environment, Social and Governance (ESG) policies as it highlighted its progress in the area in its 15th annual sustainability report. Noting its ESG goals throughout 2021, the global gaming and lottery firm aims to ‘create value for stakeholders, increase its corporate citizenship and enhance reporting’ via its ESG policies. As a result, it highlighted four key areas that it made progress in throughout 2021 as it aims to ‘operate as an industry-leading sustainable business’. Firstly, IGT reported its commitment to valuing and protecting its people by looking after its staff. This included issuing its first Human Rights Policy Statement, outlining its belief that sustainable principles begin with respecting the basic rights to which all human beings are entitled’. Meanwhile, an effort was made to improve the diversity and inclusion of its senior leadership and wider staff base. The second area of ESG progress made is advancing its corporate responsibility, recognising the implementation of its Global Responsible Gaming Policy. This also earned IGT recertification from the World Lottery Association’s Associate Member Corporate Social Responsibility Standard and Certification Framework. Thirdly, IGT noted its support for the local communities that it operates in and where its staff reside. In 2021, the firm created a program aligning with the UN’s sustainable development goals, liaising with communities and employees to create an initiative giving towards good causes. Primarily in 2021, charitable aid mostly went towards providing basic needs to communities affected particularly badly by the Covid-19 pandemic. Finally, IGT joined the Science Based Targets Initiative, which aims to tackle climate change amongst businesses globally. The commitment sees IGT pledge to reduce its greenhouse gas emissions and lower its carbon emissions. "IGT understood the vast importance of sustainability 15 years ago when we issued the Company's first Sustainability Report, and our 2021 Sustainability Report underscores the progress we have made since then," said Vince Sadusky, IGT CEO. "We are developing our sustainability plans to further integrate sustainability across the entire value chain and improve the ESG impact throughout our daily operations. Highlighted in our 2021 Sustainability Report, this plan outlines strategic goals that will drive our ESG performance, now and in the future."
Casino

IGT ‘underscores progress’ of ESG initiatives in 15th sustainability report

Charlie Horner -
SBC is excited to announce that the shortlists for this year's SBC Awards 2022, taking place at SBC Summit Barcelona in September, have now been decided.
Events

The shortlists are in — meet the contenders for SBC Awards...

Conor Porter -
Payment platform Nuvei Corporation has entered a strategic partnership with GAN to integrate its payments solutions into the latter’s SaaS gaming platform solution
Igaming

Nuvei links with GAN to expand payment options for North American...

Charlie Horner -
Entain has noted that Brazil's Q2 NGR is lower than expected due to the increased competition arriving earlier than expected ahead of the market’s regulation.
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Entain: Brazil Q2 NGR lower than expected due to increased competition...

Conor Porter -
Jacob Wayne, analyst at sports data firm LineUps.com, brings us the latest monthly round-up of US sports wagering revenue and expert insights.
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LineUps.com: Revenue Tracker May 2022

Conor Porter -
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