April 14, 2025 – FairOdds Network

April 14, 2025

KSA reports falling GGR, following deposit limit introduction

The Dutch regulator Kansspelautoriteit (KSA) has reported that market GGR for legal gambling has fallen since the introduction of deposit limits, despite growing account numbers.

For the full year, KSA reported in its spring report that gross gaming revenue (GGR) in 2024 was €1.47 billion ($1.58 billion/£1.2 billion), up 6% year-on-year.

However, in the second half of 2024, GGR was 10% lower than in the first half of the year at €697 million. KSA’s GGR numbers cover the 12-month period ending 31 December 2024.

Impacting the results are KSA protection measures that came into force last October.

“This decrease is probably due to both the peak during the European Football Championship in June 2024 and the new rules that should better protect players in the online gambling market,” KSA stated.

New rules included deposit thresholds connected to a player’s net deposit during a calendar month. If a gambler’s net deposits reach €700 (£583/$777) in a month, operators are obligated to block..

April 14, 2025

Weekend Report: First US approval for Beter, STS new sportsbook chief, woman wins $15 million judgment against casino

Welcome to the Weekend Report, where iGB looks at the news that you may have missed across the last few days. This week: Beter gains first US approval, STS names new sportsbook chief and a woman wins a $15 million judgment against a Las Vegas Strip casino.

Beter lands first US approval in New Jersey

Sports betting odds, data and content provider Beter has secured its first approval in the US.

Vendor registration from the New Jersey Department of Gaming Enforcement enables Beter to work with licensed operators in the state. This includes delivering its real-time data and live streams.

The first approved product is its flagship Setka Cup table tennis tournaments. This is already live in New Jersey from Bet365.

Beter arranges over 11,000 Setka Cup matches per month, offering more than 30 betting markets per event. In total, it organises over 46,000 fast-betting events monthly across esports and sports disciplines.

“This is a milestone moment for the Beter team,” CEO Gal Ehrlich said..

April 14, 2025

Michigan regulator probes unlicensed sports predictions market

The Michigan Gaming Control Board (MGCB) has launched an investigation into unlicensed sports prediction markets operating within the Great Lakes State.

Announced on Friday (11 April), the MGCB said this activity has raised “significant” concerns about consumer protections in Michigan. The regulator classes predictions as a form of sports betting.

Preliminary investigations by the MGCB have found unlicensed platforms offer financial products that allow users to trade their predictions on the outcomes of sports events. By sidestepping state-mandated regulatory protections, the regulator said, this poses a serious risk to players.

The MGCB added that this may create confusion among consumers. Its concerns primarily relate to “blurring the line” between sports betting as entertainment and as a financial trading vehicle.

The regulator’s announcement did not specify the companies under scrutiny, but counterparts in five other states – Nevada, New Jersey, Ohio, Illinois and Maryland – ha..

April 14, 2025

ITIA suspends tennis officials over betting corruption

The International Tennis Integrity Agency (ITIA) has issued suspensions to three officials after they were found guilty of betting-related corruption.

Luis Rodriguez, Antonio Sosa and Wellingthon Lopez have all been charged over corruption. Each tennis official denied the charges relating to breaches between 2018 and 2021.

According to the ITIA, the officials entered false data into match scoring devices to facilitate betting. The ITIA deemed their actions as breaches of the Tennis Anti-Corruption Programme (TACP).

Rodriguez issued lifetime ban from tennis

In the case of Rodriguez, he denied charges over six matches in the Dominican Republic between 2018 and 2020. However, a hearing in December 2024 found him guilty of the breaches.

Independent anti-corruption hearing officer (AHO) Richard Young issued a lifetime ban and a $15,000 (£11,386/€13,184) fine. This came into effect on 21 January this year.

“As a chair umpire, he was in an important position of trust charged with uphold..

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Daily Archives: April 14, 2025