March 2025 – Page 5 – FairOdds Network

March 12, 2025

Betting platform showdown: Champions League data reveals when risk pays off – and when it doesn’t

Bettormetrics and iGB present key insights comparing the performance of leading betting platforms during the UEFA Champions League, offering a comprehensive analysis of market trends.

The data from the group stages of the UEFA Champions League matches provides valuable insights into how major betting platforms performed under high-traffic conditions. Key metrics such as uptime, lost wagering, arbitrage exposure and acceptance uptime highlight each operator’s strengths and weaknesses.

Best betting sites for uptime and stability

SkyBet edged out 888Sport and PaddyPower to claim the highest uptime in our cohort, reaching 93.8%. Due to their high uptime and relatively stable price lines, SkyBet also achieved the greatest acceptance uptime, allowing bettors to place wagers more consistently.

Conversely, PaddyPower’s progressive suspension strategy was undermined by its extremely sensitive price lines. The sensitivity of its price lines resulted in a higher frequency of price changes and..

March 12, 2025

Bettormetrics Champions League trading review

For an in-depth data analysis, click here to check out the Bettormetrics trading review.

March 11, 2025

Happy anniversary! North Carolina’s first year of sports betting in line with other states its size

Tuesday (11 March) marked a year since North Carolina launched sports betting and its regulator shared a snapshot of what the first twelve months looked like.

According to the North Carolina State Lottery Commission, operators took $6.6 billion (€6.1 billion/£5.1 billion) in bets during the first 12 months. The commission released an anniversary report describing the numbers from the first year, problem and responsible gambling initiatives and how legalisation and launch happened.

According to the report, operators collected $713 million in gross gaming revenue (GGR) and paid the state $128 million in taxes. The state charges an 18% tax on GGR.

The numbers fall in line with other states of similar size and situations. North Carolina has a population of 11 million people, several big-time college football and basketball teams, three major professional sports teams and multiple NASCAR venues.

For comparison, in Ohio (population: 11.8 million), the Ohio Casino Control Commission launc..

March 11, 2025

SAFE Bet Act gets another day in the sun ahead of March Madness

A US congressman and senator are preparing to reintroduce the SAFE Bet Act, again saying they don't oppose digital gambling but want the federal government to make it safer.

On Tuesday (11 March), at a press conference on Capitol Hill, Representative Paul Tonko and Senator Richard Blumenthal gathered responsible and problem gambling advocates and an addiction survivor to talk about the Supporting Affordability & Fairness with Every Bet Act (SAFE Bet Act).

Tonko said there was a change to the original proposal, although the new bill has not yet been filed. In addition to previous requirements in the proposal, which saw no action in the prior congressional session, states would now be required to “work with the federal government to shut down the illegal market”.

This is an issue that states so far have taken the lead on. From Arizona to Michigan, regulators have sent cease-and-desist letters to offshore sportsbooks warning them to shutter. And state legislatures, including those..

March 11, 2025

North Carolina sports betting handle drops to six-month low in February

Player spending on sports betting in North Carolina hit $526 million (£407.3 million/€482.7 million) in February, the lowest monthly total since last August.

The February handle was 16% behind the $646.9 million wagered in North Carolina during January. It was also the fifth-lowest amount since the state launched its legal sports betting market in March 2024.

Figures posted yesterday (10 March) by the North Carolina State Lottery Commission show some $17.4 million of the handle total came from promotional wagers.

In addition, $2.6 million in bets were voided, while players won a total of $485.2 million from betting in February.

Monthly betting revenue tops $55.7 million

Gross wagering revenue reached $55.7 million, down 25.2% from January. The state’s record haul came in November, when $78.1 million was reported.

As such, monthly hold in the state was 10.59%, behind the 11.05% reported in January.

In terms of tax, North Carolina was able to draw just over $10 million from sports..

March 11, 2025

KSA raises concerns over Analyse Master, clears licensees of wrongdoing

Kansspelautoriteit (KSA) has cleared two of its licensees of any wrongdoing in a case related to sports betting tips provider Analyse Master, although the Dutch gambling regulator said it holds concerns over the nature of the platform.

Last autumn, Dutch journalism platform Pointer published an investigation into both Analyse Master and its associated Telegram channel. This heavily focused on its use of role models to promote online gambling.

Pointer highlighted how licensed operators in the Netherlands are prohibited from including role models in gambling adverts. This led KSA to launch its own investigation into Analyse Master, with details of this published today (11 March).

The probe saw KSA speak with two Dutch licence-holders who were mentioned on the Telegram channel and the platform. The regulator did not name either party.

KSA found one company had a partnership in place with Analyse Master but terminated the relationship when it became aware of the use of role models. As ..

March 10, 2025

Many more testify against Nebraska digital sports betting than for it

Nebraska lawmakers heard three-plus hours of testimony during their first legal digital betting hearing. There was no vote, but opponents dominated the session.

On Monday (10 March) the Nebraska legislature’s general affairs committee heard from representatives from all sides of the issue concerning four legal sports betting bills.

The only thing proponents and opponents agreed on is that online wagering is already happening on the black market in Nebraska. Proponents say that legalising will give law enforcement the tools to tamp down the illegal market. Opponents counter that legalising will only increase the number of people gambling in total.

Retail betting has been available to Nebraskans in certain locations since 2023 and some lawmakers have been trying unsuccessfully for several years to add digital betting to the menu. Most recently, the issue failed to receive floor consideration during a summer special session.

Monday’s first committee hearing was for LR20CA, a constit..

March 10, 2025

SAFE Bet Act to be reintroduced in congress

In congress another attempt to push through a federal wagering framework targeting aspects of the sports betting industry is coming.

US congressman Paul Tonko and US senator Richard Blumenthal announced they will hold a press conference in Washington DC on Tuesday (11 March) to “reintroduce” the Supporting Affordability and Fairness with Every Bet Act (SAFE Bet Act). The pair initially introduced the federal framework for digital sports betting on 12 September. It is one of two federal sports betting proposals circulating on Capitol Hill.

Families affected by gambling addiction and representatives from the Public Health Advocacy Institute at Northeastern University School of Law will also be at the press conference, according to a Monday press release. They will “discuss this legislation and its impact addressing sports betting with a public health approach”.

The proposal calls for a nationwide self-exclusion list and a surgeon general’s report about “public health challenges asso..

March 10, 2025

Weekend Report: Sports betting subscription services potential, Choctaws make crypto casino move, Gaming Corps pens Oddsworks deal

Welcome to the Weekend Report, where iGB looks at the news that you may have missed across Friday, Saturday and Sunday. This week: sports betting subscription services potential, Choctaws eye cryptocurrency in Oklahoma casinos and Gaming Corps targets North America growth with Oddsworks deal.

YouGov: Potential for igaming subscription services

Up first this week, a new survey has highlighted the potential for sports betting subscription services.

Published by YouGov, the report found that a significant number of bettors would consider paying for a subscription. Of those surveyed, 22% said they would be “very likely” to join some form of subscription service.

A further 43% said that would be “somewhat likely” to subscribe, with 44% of those within this category aged 18-34. In comparison, only 18% of bettors were “not at all likely” to sign up, with 10% “not very likely”.

As for why consumers may be interested, 46% said this was due to the opportunity to access exclusive promotions ..

March 10, 2025

Brazil Sport Commission to discuss bill banning betting ads this week

On Wednesday (12 March), the Sports Commission (CEsp) will discuss a bill banning fixed-odds betting advertising in Brazil.

The bill, authored by Senator Styvenson Valentim, would amend Article 33 of Law No 13,756/2018, which brought forward regulation for fixed-odds sports betting in Brazil. Article 33 would ban gambling ads across all channels and mediums.

Valentim’s justification for the ban on gambling ads relates to the belief that companies are disregarding restrictions on marketing, particularly towards younger people.

“This proposal is justified in view of the sudden change in the profile of bettors, which is now mostly made up of young people, who have at their disposal, 24 hours a day, with just one click, the possibility of placing bets without any barrier to impulsive behaviour,” Valentim said.

The CEsp will analyse the bill in a meeting starting at 10.30 local time on Wednesday. The proposal will then be sent to the Communication and Digital Law Commission (CCDD), whic..

March 7, 2025

State of the Union: New York, New York; bills tweaking betting in NJ and NC, more

Welcome to iGB's State of the Union, a look at the biggest North American sports betting stories we've covered over the week and briefs on others we found interesting.

NY’s Addabbo files anti-sweeps, expansion bills

New York state senator Joe Addabbo filed two gambling-related bills in the last week. The latest, S5935, seeks to ban unregulated sweepstakes platforms. Operators of these platforms have been targeted by several state legislatures and the gambling industry, which say the platforms are pulling business from the regulated industry. Sweepstakes platforms operate in a grey area — they are unregulated and do not pay taxes.

Addabbo’s bill clearly defines what sweepstakes are, calling them games that “simulate casino-style gaming”. The list of casino-style games includes everything from blackjack to keno to sports betting. The bill would also make it illegal for licensed suppliers and vendors to work with unregulated platforms. The bill was filed on 4 March and refer..

March 7, 2025

Georgia sports betting hopes die without general assembly floor vote

After a harried week of late nights, hopes for legal sports betting in Georgia died late on Thursday (6 March) night without action by the house.

To a round of applause, Georgia general assembly speaker Jon Burns called the session to an end about an hour before the 11.59pm local legislative deadline on crossover day. A package of sports betting bills – a constitutional amendment and a framework bill – weren’t among those called for a vote Thursday.

A senate committee previously deferred its package of wagering bills. Because the issue didn’t get sent from one chamber to the other, it is dead for the 2025 session.

Nearly seven years after the Professional and Amateur Sports Protection Act was overturned, making legal sports betting a states’ rights issue, 39 US states have legalised. Still more are considering it this year.

The Hawaii house passed a digital-only sports betting bill on 4 March. The same day, house lawmakers in Mississippi, where retail sports betting has been live ..

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Monthly Archives: March 2025