NH betting revenue and handle rise year-on-year in December

Players in the state spent $90.9m betting on sports in the month, up 5.2% from December of 2021 but a 2.4% drop from $93.1m in November of 2022.

Of this total, $65.9m was spent wagering on the DraftKings mobile sportsbook, while some $25.0m was bet at the operator’s three retail sportsbooks in New Hampshire.

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Mississippi sports betting revenue reaches $11.3m in December

Revenue was 253.1% higher than $3.2m in December of 2021 and also 121.6% ahead of the $5.1m reported in November 2022.

In terms of handle, players in Mississippi spent $74.4m betting on sports during the month, up 31.0% from $56.8m in December 2021 and 1.1% higher than $74.4m in November 2022.

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Caesars enters sports betting partnership with Massachussetts’ Raynham Park

Caesars will operate a 30,000-square-foot retail location at a 13-acre site, with construction set to be completed during H2 2023.

The 60,000-square-foot entertainment complex at the former greyhound racecourse, located just south of Boston, will also feature two restaurants, bars and private event space.

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KeyStar names ZenSports co-founder Thomas as new CEO

Thomas takes on the role having served as chief product officer at ZenSports since June last year when KeyStar, which previously focused on ecommerce and information services, acquired ZenSports and esports tournament specialist Ultimate Gamer.

Prior to the acquisition, Thomas was CEO of ZenSports and also co-founded the operator but took on the role within KeyStar when the deal went through.

Now as CEO of KeyStar, Thomas will focus on B2C sports betting and assume responsibility for ZenSports launching in the US.

Before launching ZenSports in November 2016, Thomas spent time as the vice president of professional software at Realtor.com, while he had a spell as CEO of Reesio, a business he also co-founded and was acquired by Realtor.com.

He also served senior product manager for employee management solutions at Intuit and co-founded SayHired, WorkYourCareer and Thomas Executive Resources.

“I am thrilled and honoured that the board has asked me to lead KeyStar Corp. as its new CEO,” Thomas said. “The ZenSports platform is an innovative brand that is leading the future of sports betting, and we have the right team and product in place to grab a significant share of the US sports betting market in the coming years.”

KeyStar chairman Bruce Cassidy added: “Mark has done a great job previously with ZenSports, growing the business in the European market and obtaining a Nevada gaming license in 2021. We have full faith and confidence that he will be able to do the same under KeyStar moving forward.”

In taking on the new CEO role, Thomas succeeds John Linss, who stepped down from the position and left the business.

“We thank John Linss for his service to KeyStar Corp., including his work on finalizing the acquisition of ZenSports,” Cassidy said. “The board has decided to take an approach of focusing the company solely on B2C sports betting for the foreseeable future, and Mark Thomas is the perfect fit to lead these initiatives given his prior experience with ZenSports.”

KeyStar was incorporated in 2020 and originally described itself as operating in the spheres of ecommerce and convention services, though the ZenSports deal last year expanded its operating remit.

ZenSports offers a range of sports betting, esports, digital currency, payment, NFT, content curation and identity solutions, while it secured a Nevada gaming licence in August 2021. 

At the time of the deal, it was noted that it would not include ZenSports’ Nevada assets or gaming licence, and KeyStar will look to secure its own Nevada licence in the future. In the meantime, KeyStar has been leveraging ZenSports’ sports betting technology to grow in other strategic jurisdictions.

Meanwhile, KeyStar said it would host and manage all esports tournaments under the Ultimate Gamer brand, except for those incorporating sports betting. All sports wagering take place within the ZenSports brand.

Fanatics opens first retail sportsbook inside NFL stadium

Located at FedExField in Maryland, the home of NFL team the Washington Commanders, the facility also marks Fanatics’ first venture into the sports betting market, as well as its entrance into the state of Maryland, with the Commanders as its market access partner.

The 5,000sq ft venue features eight betting windows, 21 self-service betting kiosks, two LED video walls, 38 TV monitors and a full-service restaurant. Customers will be able to place bets on a wide range of major sports events at the facility.

Read the full story on iGB North America.

WPF Holdings restructures to pursue full SEC reporting status

The restructure project included redomiciling the business to the state of Florida, increasing its authorised common shares to 500 million shares, completing a 500:1 reverse split to its common stock and renaming it to WPF Holdings.

WPF said in addition to pursuing full SEC reporting status, its other priority was to refocus all the business’s efforts on technology. The business also specialises in e-commerce and digital consultancy.

Read the full story on iGB North America.

SportingRisk appoints Andy Phillips as CCO

In his new role, Phillips will focus on expanding SportingRisk’s existing tier one client portfolio and delivering on the group’s growth aspirations.

In particular, Phillips will be charged with accelerating the adoption of London-headquartered SportingRisk’s player prop and interval-based markets product, PropFutures, and honing in on new opportunities within developing betting markets.

Andy Phillips

Phillips has 15 years of experience working within sports data, technology, betting and media. He has held senior commercial roles at Genius Sports and Nasdaq Inc and worked as a consultant for operators, start-ups and investors in the betting ecosystem.

“I’m thrilled to join SportingRisk as the business has unique data and innovative products that are extremely relevant to the current market,” said Phillips. “The team has developed an in-house database whilst working on the performance side of professional football and then battle tested its predictive models over eight years as a profitable betting syndicate.”

“With those tools we can help operators continue to get value from their sports data, which is becoming increasingly expensive and complex to handle.”

“We have tier one clients already live and several in the pipeline and I’m really looking forward to getting out and talking to more operators in 2023.”

Henry Newman, SportingRisk chief executive, said: “Andy brings a wealth of sports data and betting technology experience to the business as we look to deliver on our sales strategy in 2023. Our ability to present pricing and insights from one source is unique and will be a game-changer for operators looking to deliver truly engaging betting experiences.”

Boldplay awarded first full licence in Gibraltar

The new licence will enable Boldplay to offer its portfolio of content, which includes more than 80 online slots, table games, bingo, keno and virtual scratch card titles to online casino platforms also licensed in the British Overseas Territory.

Boldplay, which is also based in Gibraltar, was already certified in the UK, Portugal, Malta and the Isle of Man, but this marks the provider’s first market licence.

The licence also comes after Boldplay recently secured new partnerships with online casino game aggregator Games Global and software provider EveryMatrix

“As a Gibraltar-based business, we’re incredibly proud of gaining a license that will enable us to operate in what is effectively our ‘home’ territory,” Boldplay founder and chief executive Valli Fragoso said.

“Some of the world’s biggest and most ambitious operators are located in Gibraltar, and having our games available in their lobbies will help us further raise the profile of the Boldplay brand, pursue new partnerships and push on with our goal of becoming one of the industry’s leading software providers.”

Genius Sports enters NFL data and betting deal with TSN+

Under the terms of the agreement, Genius will deliver its real-time overlays to TSN+ which will include graphics and visualization,s as well as its Next Gen Stats (NGS) data.

Since April 2021, the sports data business has been the official data partner of the league – an agreement which was expanded to include streaming options for US operators in November 2022.

[Read full story on IGB North America]

Digitain opens new office in Romania

This is part of an ongoing expansion strategy.

The new office will allow Digitain to provide its European customers with more centralised customer service. This is the first of several new offices Digitain plans to open globally.

“We are thrilled to open a new branch in Bucharest,” said Harutyun Vardanyan, founder of Digitain. “Romania is a dynamic and growing market, and we believe that this new office will allow us to better meet the needs of our clients and partners in the European market.”

Vardanyan added that the new location would strengthen Digitain’s relationships with its European customer base.

“At Digitain, we are committed to delivering the best possible experience for our clients,” he continued. “We believe that the opening of our new Bucharest office will help us to achieve this goal, and we look forward to building strong relationships with our clients in Europe.”

“We are always looking for opportunities to grow and improve, and the opening of our new Bucharest office is a testament to this commitment.”