08.24.2022. Daily highlights

Wed Aug 24, 2022
  • The American Gaming Association requests Biden administration partner with the igaming industryJoe Biden igaming

    As there have been ongoing US government processes to develop and implement a digital strategy, the American Gaming Association (AGA) has sent a letter to the President of the United States. In the letter they officially asked that the Biden administration partner with the igaming industry. To add, they asked to evaluate how any new frameworks or requirements would map onto the gaming industry. The main idea is to focus on appropriate principles when it comes to standards and best practices for governing digital assets – such as cryptocurrencies and NFTs.

    Quoting the letter: “Complying with requirements such as anti-money laundering regulations for fiat currency has illustrated over time that the operations of the gaming industry raise unique questions that can necessitate tailored requirements and guidance for the industry. “As they have with fiat currency, AGA’s members remain a willing partner to assist the US government to fashion predictable and workable guidelines to govern the use of digital assets in the gaming industry.”

    The letter concluded that, while the AGA’s members “strongly support” the Administration’s Digital Assets Executive Order, it believes that it takes “a clear-eyed approach” to recognize both the opportunities and challenges that digital assets and blockchain technology present.

    Source: Casinobeats.com

    Better Collective signs deal with Boston.com

    Sports betting affiliate Better Collective made a commercial partnership with regional news website Boston.com. BC will deliver sports betting content on the sports new page. Better Collective will provide Boston.com with betting odds, tips, analysis, as well as direct links to a variety of sports betting platforms. The partnership is set to be operational by the start of the NFL season before the end of August.

    Chief commercial officer of Boston Globe Media Kayvan Salmanpour said: “We are thrilled to partner with Better Collective to provide Boston.com’s millions of readers with a holistic one-stop resource for all the data and information they crave as some of the world’s most passionate sports fans,”.  “Boston.com provides readers with the best in class content, data and statistics through its award-winning sports coverage and now will be a hub for information on the exciting world of sports betting.”

    Better Collective revenues have risen since 2021. The revenue sharing agreements and new depositing customers hit record heights. Q1 financial report shows a 73.7% increase in revenue year-on-year for the three-month period. The business’s Q2 report showed that performance outlined an additional 56.6% revenue growth for the 6-month period ending 30 June.

    sports news

    Source: IGBnorthamerica.com

    BetMGM takes partnership with video network SportsGrid to the next level

    BetMGM has agreed on a multi-year expansion of its current partnership with sports betting streaming video network SportsGrid. The agreement is that BetMGM’s trading team will provide insights on sports betting during various SportsGrid broadcasts. This will include Ferrall Coast to Coast, Pro Football Today, and In-Game Live Primetime. In addition, SportsGrid’s newly appointed lead professional football analyst Warren Sharp will report on location at MGM Resorts International properties including the MGM National Harbor in Maryland.

    BetMGM chief revenue officer Matt Prevost said that SportsGrid is an ideal partner, and they look forward to providing our customers with more sports betting content just in time for the start of football season.

    “This partnership provides me with a unique perspective in covering the NFL matchups, spread, over/under and money lines, along with futures odds and player props,” lead professional football analyst Sharp added.

    Source: EGRglobal

     

    Related news

    1

    10.07.2022. Daily highlights

    Click here and read about the survey of California voting for sports betting, the PointsBet deal with 1/ST TECHNOLOGY, and the PENN Entertainment and Kambi divorce deal.

    2

    10.04.2022. Daily highlights

    Read about Lottery.com process of Nasdaq compliance rules, Kentucky focuses on RG awareness, and Illinois sports betting market growth.

    3

    10.03.2022. Daily highlights

    GeoComply initiates a lawsuit against Xpoint, Light & Wonder sells sportsbooks to Endeavor and MaximBet launched sports betting operations in second U.S. State – Indiana.