Gambling Clear News
Welcome to iGB’s State of the Union, a look at the biggest sports betting stories we’ve covered this week and briefs on others we found interesting. As the world of sports betting continues move at warp speed, we’re doing our best to keep up, and keep you in the know. Cavaliers coach: Gambler threatened me
Investment group Penta Investments is working alongside JP Morgan to explore the potential sale of Fortuna Entertainment Group. Penta is exploring its options for Fortuna, which currently operates in Poland, Croatia, Romania, Slovakia and the Czech Republic, running sites and betting shops under the Fortuna, Casa Parulior and PSK brands. Any sale of Fortuna could
Minnesota’s Senate Tax Committee has voted to double the proposed tax rate in a bill that would allow for legal statewide mobile sports betting from 10% to 20%. The bill, SF 1949, has been through six Senate committees, and is now on its way to Senate Finance. Should it pass out of the Senate, the
Early returns from North Carolina’s sports betting launch indicate the state will be an competitive and potentially lucrative market according to GeoComply’s review of the first 48 hours of legal wagering. Geolocation specialist GeoComply tracked 5.4 million location checks from 370,000 active accounts between noon 11 March-13 March. This beats the two million checks from
A statewide mobile sports betting bill got its first hearing in the Georgia House Tuesday (12 March). With just over two weeks remaining in the legislative session, and more than five weeks after the Senate passed SB 386, a statewide mobile sports betting bill got its first hearing in the Georgia House Tuesday. There was
FanDuel’s will soon replace GambetDC in the District of Columbia as the only sportsbook platform available to bettors across the city, according to a letter from the Office of Lottery and Gaming to the D.C. City Council obtained by iGB The letter does not indicate when FanDuel might launch its platform citywide, however. Dated 8
Massachusetts recorded $71.1m (£56.5m/€66m) in taxable sports betting revenue for January, smashing the previous record of $61m. Massachusetts’ January revenue was a remarkable 17% increase on the previous highest month, set back in May 2023. Handle fell just 1.1% short of December’s $658.7m record, still accumulating $651.7m in what was another strong month for Massachusetts’
Super Bowl wagers in Pennsylvania totalled $71.5m (£56.8m/€66.4m), according to data released by the Pennsylvania Gaming Control Board. These were wagers made through both retail and online sportsbooks. In total, this is a decrease of 15.1% compared to Super Bowl 2023, when the Philadelphia Eagles were defeated by the Kansas City Chiefs. The regulator added
