The State of New York hit the nation-wide record as the total sports wagers placed through online operators totaled to more than $2 billion in October 2023. Such a handle also brought $166.3 million in revenues to mark the highest market level since the launch of online sports betting in the state in January 2022.$2.01 Billion in Player BetsNew York players reportedly wagered a total of $2.01billion using online platforms and ... Read more
Betting
October Brings New Sports Betting Records for Wyoming
Wyoming, the American state that is widely known as the “Equality State”, has registered new records in the month of October 2023 when it comes to its regulated online sports betting market.Bettors in the state wagered 21.2 million dollars in October using licensed online bookmakers, an amount which is an all-time high since the state opened its legal online betting market.The previous record set in the American state was 19.2 ... Read more
Italy’s Unlicensed Betting Market, A €18.5 Billion Conundrum
Black markets are very active in the online gambling scene. Several operators work without a license, which causes major problems for authorities.Significant research has been done, and the final report published by the Italian press La Gazzetta dello Sport has sent shockwaves throughout the Italian gambling industry. The report says that a staggering €18.50 billion is wagered on unapproved gambling websites annually in Italy. ... Read more
SOFTSWISS Unveils iGaming Insights For Crypto Casino Betting
Following the debut of the In-Game Currency Conversion feature, which was introduced last year, 85% of each crypto casino wager boosted by the SOFTSWISS Casino Platform is made through the aforementioned tool. In this regard, the Casino Platform team has published important insights achieved by analyzing yearly statistics.Description of In-Game Currency Conversion featureDuring 2022, the SOFTSWISS Casino Platform presented the ... Read more
Kentucky Online Sports Betting Market Officially Opens
Kentucky, the well-known American state, has finally announced the opening of its online sports betting market a few weeks after the state also launched its regulated retail wagering market.Both online and retail betting were legalized through House Bill 551, which was signed into law by Andy Beshear, the Governor of Kentucky, in April 2023. The state authorities decided to open the retail market on 7 September, while the ... Read more