Brazil Approves 71 Betting Licenses

Brazil Approves 71 Betting Licenses

Back in August 2024, Brazil said that 113 sports betting websites applied for an online betting license in Brazil. After several months of deliberation and into each sportsbook, the Brazil Secretariat of Prizes and Bets (SPA) has finally made their decision. In total, Brazil Approves 71 Betting Licenses to operate […]

Prophet Exchange in New Jersey is Closing

Prophet Exchange in New Jersey is Closing

Two years ago, the New Jersey Division of Gaming Enforcement approved betting exchanges, Prophet Exchange and Sporttrade. Since then, betting exchanges have becoming part of the New Jersey betting landscape. However, this will soon be changing as Prophet Exchange in New Jersey is Closing at the end of the month. […]

Online Casino Industry Welcomes the Rise of Sports Betting

Online Casino Industry Welcomes the Rise of Sports Betting

Casinos and sportsbooks coexisted with each other for decades. Also, both industries have similarities and a shared target market. Thus, the online casino industry welcomes with open arms the rise of sports betting. Most bookie software includes an online casino in the platform. Similarly, online casinos are slowly implementing online […]

Connecticut Sports Betting Generates $54.6 Million Handle in the First Month

Connecticut Sports Betting Generates $54.6 Million Handle in the First Month

The soft launch of Connecticut sports betting in October produced positive results. According to the Department of Consumer Protection, sportsbooks generated $54.6 million in their first month of operations. FanDuel, SugarHouse, and DraftKings started accepting wagers on October 12. They earned a gross gaming revenue of $4.9 million in three […]