View NFL Weekly Projections
April 25, 2023
April 25, 2023

PointsBet Sportsbook Hires Investment Bank to Accelerate Exit from North American Market

As of now, it is unclear who will acquire PointsBet Sportsbook or for how much. The company has hired investment bank Moelis & Co. to help expedite its exit from the North American sports betting market. PointsBet offers a New York sports betting license and market access across several supply-constrained states, which makes it an attractive opportunity for potential acquirers. Potential candidates for a sale are tough to sort through, but Bally’s and DraftKings could be in the market depending on the price. WynnBet previously wanted $500 million for their online sports betting business, and PointsBet’s proprietary technology and parlay-rich systems could launch its sale price higher. However, the uncertain waters of the market’s growth to maturity and the tech bubble’s mini pop may lead […]
April 24, 2023
April 24, 2023

States with the Most Money Wagered and Highest Monthly Revenue Generated

Legalized sports betting has become a new revenue source for states and professional sports leagues in the USA. Currently, 34 states and Washington D.C. have legalized sports betting in some capacity, with each state having the power to create its own rules. As for the states that have the most money wagered to date, New Jersey leads with $34,809,904,819, followed by Nevada with $30,468,330,042, New York with $19,924,968,057, Pennsylvania with $19,664,446,791, and Illinois with $18,655,587,885. However, in terms of monthly sports betting revenue generated, New York leads with $149,224,901 (November 2022), followed by Illinois, New Jersey, Virginia, and Arizona. The popularity of sports betting in these states has generated a significant amount of new money, and it is hoped that other states will legalize sports […]
April 21, 2023
April 21, 2023

Incognia has entered the US iGaming Market

Incognia, a location identity company based in California, has entered the US iGaming market with its geolocation and account security solution. The technology aims to help online gambling operators comply with jurisdictional requirements while preventing account takeovers and fraud. The Incognia tech offers location tampering detection, enabling operators to comply with state-specific geofencing requirements and prevent wagering outside of state lines. Incognia has collaborated with Gaming Laboratories International (GLI) to ensure the solution’s accuracy and reliability in verifying player locations. The software can identify suspicious activities such as GPS spoofing, VPN, and app tampering. The company plans to compete on price with other iGaming-focused geolocation specialists in the US market, such as GeoComply and Xpoint.
View NFL Weekly Projections
April 25, 2023
April 25, 2023

PointsBet Sportsbook Hires Investment Bank to Accelerate Exit from North American Market

As of now, it is unclear who will acquire PointsBet Sportsbook or for how much. The company has hired investment bank Moelis & Co. to help expedite its exit from the North American sports betting market. PointsBet offers a New York sports betting license and market access across several supply-constrained states, which makes it an attractive opportunity for potential acquirers. Potential candidates for a sale are tough to sort through, but Bally’s and DraftKings could be in the market depending on the price. WynnBet previously wanted $500 million for their online sports betting business, and PointsBet’s proprietary technology and parlay-rich systems could launch its sale price higher. However, the uncertain waters of the market’s growth to maturity and the tech bubble’s mini pop may lead […]
Do you like it?
Read more
April 24, 2023
April 24, 2023

States with the Most Money Wagered and Highest Monthly Revenue Generated

Legalized sports betting has become a new revenue source for states and professional sports leagues in the USA. Currently, 34 states and Washington D.C. have legalized sports betting in some capacity, with each state having the power to create its own rules. As for the states that have the most money wagered to date, New Jersey leads with $34,809,904,819, followed by Nevada with $30,468,330,042, New York with $19,924,968,057, Pennsylvania with $19,664,446,791, and Illinois with $18,655,587,885. However, in terms of monthly sports betting revenue generated, New York leads with $149,224,901 (November 2022), followed by Illinois, New Jersey, Virginia, and Arizona. The popularity of sports betting in these states has generated a significant amount of new money, and it is hoped that other states will legalize sports […]
Do you like it?
Read more
April 21, 2023
April 21, 2023

Incognia has entered the US iGaming Market

Incognia, a location identity company based in California, has entered the US iGaming market with its geolocation and account security solution. The technology aims to help online gambling operators comply with jurisdictional requirements while preventing account takeovers and fraud. The Incognia tech offers location tampering detection, enabling operators to comply with state-specific geofencing requirements and prevent wagering outside of state lines. Incognia has collaborated with Gaming Laboratories International (GLI) to ensure the solution’s accuracy and reliability in verifying player locations. The software can identify suspicious activities such as GPS spoofing, VPN, and app tampering. The company plans to compete on price with other iGaming-focused geolocation specialists in the US market, such as GeoComply and Xpoint.
Do you like it?
Read more