February 6, 2025 – FairOdds Network

February 6, 2025

Episode 42: Bills bills bills as US legislative season gets under way

You want sports betting bills? You want some icasino bills? We’ve got them and more and there’s even an opportunity to stop over in New York for a look at the (down)state of the casino process and touch on tax hikes in Ohio (again) in the latest episode of the World Series of Politics.

Which states have sports betting bills in play?

It was an early mover in sports betting, but since 2018 Mississippi sports betting is only allowed in the state’s casinos. With a mobile betting bill sailing through the Magnolia State’s house, could 2025 finally be the year betting comes to citizens’ smartphones?

Meanwhile in Minnesota a legislative standoff seems to have resolved. Does this mean lawmakers can turn their attention to getting Minnesota sports betting out of the starting gates?

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Oh no Ohio

Ohio was an early mover, but not the good kind, doubling its sports betting tax rate. Now for the second budget cycle in a row there’s a tax increase in the offing, as part ..

February 6, 2025

H2 Gambling Capital projecting $1.6 billion regulated betting handle for Super Bowl LIX

The Kansas City Chiefs will take on the Philadelphia Eagles in Super Bowl LIX this weekend. H2 Gambling Capital joins the buildup with its breakdown of betting handle by state, and the teams and the spread.

We’re just days away from Super Bowl LIX with the Philadelphia Eagles taking on the Kansas City Chiefs in New Orleans.

Sunday 9 February’s kickoff marks the eleventh time New Orleans has hosted the Super Bowl, becoming the most popular host city along with Miami. H2 expects a record amount of wagers will be riding on the game, the highest wagering on a single match in the US.

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Projected handle and gross yield

Betting handle by state

Hold rates

How the teams match up

What to expect from the game

Benchmarking against Nevada

17% increase in wagers to generate $1.6 billion handle

H2 expects almost $1.6 billion to be wagered through onshore licensed sportsbooks. New York is likely to narrowly overtake Nevada as the state generating the most handle for the Super Bowl, ..

February 6, 2025

Super Bowl LIX: Record projections, prediction markets and prop scrutiny

This Sunday (9 February), the two-time reigning champion Kansas City Chiefs will defend their title against the Philadelphia Eagles in Super Bowl LIX. The game is America's biggest stage, for legal bookmakers, illegal ones and everything in between.

As of this writing, the Chiefs are 1.5-point favourites over the Eagles at most major books, with the exception of Caesars Sportsbook (-1). The line has held steady since it opened following the conference championships 26 January. Kansas City is almost universally -120 on the moneyline, with Philadelphia hovering around even (+100) up to +105 at Bet365.

The over/under for the game opened at 50.5 points, but books now vary between 49.5, 49 and 48.5. The fact that it has gone down is likely in response to the Eagles’ first-ranked defence. That said, Kansas City has scored at least 25 points in three of its four Super Bowl appearances since 2019. The only time it didn’t was 2021, when it lost to the Tampa Bay Buccaneers 31-9.

This ..

February 6, 2025

2025 a year of stability in Brazil as sector interprets new regulations, says legal expert

The first year of Brazil's legal online gambling market will be one of interpretation and major consolidation of regulations, predicts specialist betting lawyer Udo Seckelmann of Bichara e Motta Advogados. He also believes the public narrative against gambling is influencing the SPA's decisions.

Speaking to iGB, Seckelmann, who is head of gambling & crypto at Bichara e Motta Advogados, said he believes this first year of operation for online gambling in Brazil will bring many changes in regulations as the sector settles into the new rules.

He expects 2025 to be a “year of consolidation” for gambling in Brazil as regulations and expectations from the regulator are interpreted and finalised.

“We can expect a lot of changes and consolidation in Brazil this year, consolidation of the understanding or the interpretation [of regulations] for the SPA. [Consolidation] of what’s going to work, what’s going to be allowed, what’s not going to be allowed and eventual changes that w..

February 6, 2025

Record Q4 drives Betsson to “best year ever,” says Pontus Lindwall

Betsson reported its “strongest year ever” in 2024 after a record performance during Q4 helped drive full-year revenue, net profit and EBITDA to all-time highs.

Revenue for the three months to 31 December 2024 amounted to €306.8 million (£255.3 million/$318.8 million). This surpasses Q4 of the previous year by 21.8% and is the first time quarterly revenue has exceeded €300 million.

Betsson, which published its full-year results today (6 February), reported increases within both its casino and sports betting operations. The group also saw revenue rise across several regional markets around the world, with Latin America posting the most growth.

In Q4 the company recorded an increase in overall customer deposits to a record €1.58 billion, a new quarterly record. Active customers edged up to 1.3 million, although the number of registered players dipped 1.1% to 29.4 million following the decision to exit certain markets.

CEO Pontus Lindwall put this regional growth down to constant inve..

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Daily Archives: February 6, 2025