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Online sports betting – Page 2 – FairOdds Network

Tag: Online sports betting

Techno Offshore faces €1.2 million Dutch fine over illegal activity

Dutch regulator Kansspelautoriteit (KSA) has issued a €1.2 million (£1 million/$1.3 million) fine to Techno Offshore, the company behind the Nolimitbet.com and Simplecasino.com brands, for illegal activities in the country.

KSA said Techno Offshore was illegally offering games of chance to Dutch players through the websites without the relevant licence. Operators can only offer online gambling in the Netherlands after securing approval from the regulator.

Detailing the charge yesterday (9 April), KSA said Techno Offshore did not take the sufficient measures to block Dutch players. The regulator also flagged the operator for not checking players’ ages upon registering and for running prohibited features including autoplay.

Setting out the charge in full, KSA said it first investigated Techno Offshore in April last year. It established the operator was based in the British Virgin Islands and hold a licence from the Kahnawake Gaming Commission for the two websites.

At the time, KSA sa..

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Hawaii senate sends sports betting bill back to house for potential passage

Bill must still clear house and get Governor Josh Green’s signature to become law.

Hawaii is poised to become the first US state in 2025 to legalise digital sports betting after its senate approved an amended version of HB 1308, 15-10 on Tuesday (8 April). Of the 15 yes votes, four were “with reservations”.

HB 1308 was transmitted to and received by the house on Tuesday. Should the house approve the bill, it will be sent to Governor Josh Green for approval. Green, who has been pushing for funding for a new Aloha Stadium District, has not been clear about whether he will sign the bill.

HB 1308’s march through the state legislature has been confounding. Multiple state agencies, a native Hawaiian group and others repeatedly spoke in opposition. Lobbyists from BetMGM and DraftKings as well as a local ironworkers’ union testified in favour. And at every step, lawmakers voiced concern and many voted with reservations.

Go-live date not mandated

The bill becomes effective on 1 July but do..

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Maryland fifth state to send cease-and-desist letters to Robinhood, Kalshi and Crypto.com

The state joins Nevada, New Jersey, Ohio and Illinois in seeking to ban sports prediction markets.

Maryland has become the fifth state to send cease-and-desist letters to Kalshi, Robinhood and Crypto.com as the Maryland Lottery and Gaming Control Commission has directed the companies to stop offering sporting event contracts in the state.

Maryland joins Illinois, Ohio, Nevada and New Jersey in seeking to ban the companies from offering what they believe amounts to de facto sports betting.

“We view this as a legal matter and a consumer protection matter and there is also a fiscal interest for the state,” said Maryland Lottery and Gaming director John Martin in a press release. “Each of Maryland’s legal sports wagering operators completed a rigorous licensing process and is subject to extensive regulations that include responsible gaming requirements. The commodity traders aren’t bound by those same guardrails. They’re conducting sports wagering without a licence and, in doing so, the..

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North Carolina sports betting handle hits record $685 million in March

Monthly sports betting handle in North Carolina reached a record $685 million (£536.2 million/€624.6 million) in March, although revenue fell for the second consecutive month.

Total spend surpassed the prior record of $659.3 million, set in March last year, by 3.9%. Incidentally, March 2024 was the first month of legal online sports betting in North Carolina.

The sportsbooks’ handle also beat the $526 million bet in February this year by 30.2%, the North Carolina State Lottery Commission reports.

In total, $667.1 million of the amount bet in March was listed as “paid wagering revenue”. The other $17.9 million was reported as “promotional” revenue.

Betting revenue falls again in March

The commission noted $3.2 million in voided and cancelled bets, while players won $643.7 million back from betting.

As such, this left $38.1 million in gross wagering revenue. Not only is this 42.7% less than March 2024 but also 31.6% behind February, making it North Carolina’s third-lowest monthly a..

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State of the Union: Tribes-SBA consider California sports betting plan; gambling stocks plunge, 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.

Movement in California sports betting talks

The gambling industry converged in San Diego for the 2025 Indian Gaming Tradeshow and Convention, one of the nation’s largest tribal gambling events on the annual conference circuit. The show kicked off with a panel that featured two of the nation’s most prominent executives in the sports betting industry.

DraftKings CEO Jason Robins made a rare appearance on 31 March during a panel moderated by conference chair Victor Rocha. Robins was joined by Christian Genetski, who serves as president of FanDuel Group. Both executives sang the praises of tribal gaming after both lost millions in a failed attempt to bring sports betting to California in 2022.

Speaking at IGA in San Diego, Jason Robins emphasized that maintaining relationships between operators and the tribes ..

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Hawaii sports betting bill reaches senate floor

Its tax rate is set at 10% of AGR with percentages earmarked for problem gambling and education.

It was another step forward for proponents of legalised mobile sports betting in Hawaii on Wednesday (2 April) after the senate ways and means committee approved HB 1308, moving it to the full senate floor.

The bill passed by an 11-2 vote, although four state senators voted “aye with reservations”. Ways and means was the third and final senate committee needed to vote the bill forward after the economic development and tourism and the commerce and consumer protection committees did likewise.

The bill reached the senate floor despite ongoing opposition from notable groups throughout the state. Among them was the state attorney general’s office, which submitted written testimony citing problem gambling concerns as well as changes to fantasy sports that will lead to “unregulated and unlicensed gambling”.

Filling in the numerical blanks

HB 1308 passed through the lower chamber of state gov..

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How Rei do Pitaco is following the US DFS to sports betting model in Brazil

One of the first to gain a full licence in the newly regulated Brazil betting market, Rei do Pitaco is hoping to compete against a wave of international entrants. Somewhat following in the footsteps of success stories in the US, CEO Kiko Augusto explains how the company’s strategy differs and how Rei do Pitaco’s daily fantasy sports (DFS) roots have set it up for success.

Rei do Pitaco launched its DFS offering in 2019 with one eye already on the soon-to-be regulated sports betting market in Brazil, which finally launched on 1 January.

It first signed an online sportsbook partnership with Kambi in 2022 – a deal it extended last October as it prepared to transition from a DFS operator to a full-fledged sports betting site.

It is a strategy that has been hugely successful in the US for the two market leaders, FanDuel and DraftKings. Both evolved from DFS-focused operations to sports betting and igaming to the tune of a combined $10.6 billion (£8.2 billion/€9.6 billion) in FY2024 reven..

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Metric Gaming partners with BetZone to enter UK sports betting market

Sportsbook solutions provider Metric Gaming has entered into the UK market by supporting BetZone with the launch of its new sports betting offering.

The UK-facing BetZone sportsbook is now live, operating on technology provided by Metric Gaming. Players are able to wager across a range of sports and events including football, tennis and horse racing.

Metric Gaming said the offering will primarily be racing-first, with a focus on horse racing betting. This will be supported by its in-house racing product, which is being rolled out for the first time.

The new partnership was first revealed in July of last year. Since then, Metric Gaming and BetZone have been working on the new sportsbook ahead of its launch this spring.

BetZone also collaborated with GiG Software for its roll-out in the UK, the operator revealed last month. GiG provided BetZone with its X-Suite technology to support its online offering.

BetZone aims to disrupt ‘crowded’ UK market

Commenting on the launch, BetZone c..

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Bill to ban sweeps casinos dies in Mississippi, along with online sports betting hopes

Meanwhile, several other states – mostly on the east coast – continue to advance sweeps bans.

A Mississippi senate bill that would have both banned online sweepstakes casinos and legalised mobile sports wagering died in committee Monday night (31 March).

The lines of demarcation regarding passing SB 2510 were clearly drawn in the statehouse. An earlier version of the bill solely devoted to banning online sweepstakes casinos passed unanimously in the senate, but Representative Casey Eure amended it to include sports betting language as part of a procedural manoeuvre last month.

Senate gaming committee chair David Blount, though, remained steadfast in opposition. He would approve an expansion of sports betting – which is legal as a retail activity in the state – only if the request came from the Mississippi Gaming Commission.

The senate declined an opportunity for concurrence on the bill last Thursday. A six-person bicameral conference committee that included both Eure and Blount fai..

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Virginia sports betting hold hits near-record in February

Sports betting hold in Virginia reached 11.12% in February, its highest monthly percentage since September 2022, as the state reported year-on-year growth across both revenue and handle.

Players spent a total of $556.8 million (£430.9 million/€515.6 million) betting on sports in February. This surpassed the previous year by 2.2% but fell 24.4% short of January this year in Virginia.

Of this, $553 million was wagered online, while $3.8 million was bet at retail sportsbooks across the state. This is according to figures published yesterday (1 April) by the Virginia Lottery.

Players won $490 million from betting while some $4.9 million was accounted for in other, undisclosed deductions.

Revenue rises 39.1% in Virginia

As such, this resulted in adjusted gross revenue of $61.9 million. This beat February 2024 by 39.1% but was 23.6% less than January this year.

Online betting accounted for $61.7 million of all revenue, with retail’s contribution reaching just $206,590.

This left a tot..

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Norway regulator orders blocking of 57 illegal websites

Norway gambling regulator Lotteritilsynet has ordered the blocking of 57 websites it deems to be operating in the county illegally.

Some 23 companies are behind the sites that have now been blocked in Norway, the regulator revealed yesterday (1 April). This is the first round of blocking initiated by Lotteritilsynet as part of a crackdown on unlicensed activities.

DNS blocking works by redirecting players from the illegal websites to a page hosted by their internet service provider. This page sets out how while the site the consumer was trying to access is illegal, they were not breaking the law by trying to gamble on the site.

Lotteritilsynet lawyer Silje Sægrov Amble said blocking illegal websites will help tackle issues related to gambling harm in Norway.

“Blocking illegal websites will help fewer people develop gambling problems,” she said. “These are the games that have the highest risk. They are designed to get you hooked and you can lose a lot of money in a short time.”

War..

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In rare appearance, Genetski, Robins sing tribal praises at IGA

Nearly three years removed from a disastrous attempt to bring sports betting to California, the heads of FanDuel and DraftKings made a rare public appearance on Monday (31 March) in efforts to curry favour with tribal gaming stakeholders.

FanDuel president Christian Genetski joined DraftKings co-founder and CEO Jason Robins to discuss their companies’ tribal gaming strategies with Victor Rocha, conference chair of the Indian Gaming Association (IGA). The trio headlined the first day of the Indian Gaming Tradeshow and Convention in San Diego.

On paper, the conversation was about tribes and operators “structuring successful partnerships” to ensure “long-term sustainability”. But the packed crowd of industry representatives knew that the backdrop of the conversation was much more controversial.

A coalition of commercial bookmakers led by FanDuel and DraftKings in 2022 spent hundreds of millions on Prop 27, which would have legalised mobile sports betting in California. Tribes also put..

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