November Best Month Ever for Nevada Sports Betting

November Best Month Ever for Nevada Sports Betting

November 2021 was the most lucrative month ever for the Silver State.  An impressive milestone considering how long Nevada has offered the activity compared to other states, which only began offering sports gambling following a US Supreme Court decision in 2018.

Nevada sportsbooks won a net $71.9 million in November, shattering the previous record win for a month by more than $11 million (November 2020).

Underdogs covered the spread in 60.4% of November games, helping to contribute to the sportsbooks bottom line. The books finished up $53.1 million on football bets for both professional and collegiate during the month.  Approximately $1.1 billion was bet during this time.

It is the second-straight month that the state has eclipsed $1 billion in wagers.

Unlike most US states, Nevada requires all mobile users to register in-person as opposed to remotely from their homes or businesses.

(Gambling911)

Media Man Bloggers gaming update: Trends In Casinos and Gaming: The Current Market and Past, Present and Future: Media Man Network findings

Trends In Casinos and Gaming: The Current Market and Past, Present and Future: Media Man Network findings

Media Man DFS Blog: Pat McAfee Show wins Media Man 'Podcaster Of The Month' and 'Sports Podcaster Of The Month' award

Pat McAfee Show wins Media Man 'Podcaster Of The Month' and 'Sports Podcaster Of The Month' award

Media Man DFS: ‘Absurd’: NFL punter turned host hits $170m jackpot as gamble pays off with ‘richest ever’ deal

‘Absurd’: NFL punter turned host hits $170m jackpot as gamble pays off with ‘richest ever’ deal

In what might be the richest talent deal in sports media history, FanDuel has reportedly signed a deal with “The Pat McAfee Show” worth in the vicinity of $US30 million ($A42m) annually.

NFL insider Ian Rapoport was first with the news an extension had been reached — as McAfee’s show already had a sponsorship deal with FanDuel — and NBA insider Shams Charania followed up with the annual compensation.

McAfee confirmed in a YouTube video his show has reupped with FanDuel for “an absurd amount of money” on a four-year deal with an opt-out after three years.

The 34-year-old was a punter for the Indianapolis Colts for seven NFL seasons before retiring and pursuing a career as a broadcaster.

It’s unclear how much of that $US30 million is base pay, versus potential enticements for affiliate referrals. Furthermore, this deal likely includes the pay for his co-host A.J. Hawk, and crew of producers and other show contributors. Nevertheless, McAfee is the main driver and this is an enormous pay package that will inevitably have ripple effects across the industry.

As sports gambling implementation continues its slow crawl toward activation in New York, there has been a gold rush across America. Everywhere you turn, inside and outside of sports, there is marketing for sportsbooks like FanDuel, DraftKings, PointsBet, BetMGM, WynnBet, BetRivers, Caesars and so on.McAfee, as an edgy and relatable personality, has proven to be an effective referrer of bettors to FanDuel. This is why they were so keen to back up the Brinks truck to retain him as gambling moves into higher-populated states such as New York and perhaps eventually Texas and California.

Other notable gambling deals involving sports media talent include Penn National Gaming buying Barstool Sports from The Chernin Group, and DraftKings doing a deal with Meadowlark Media’s “The Dan Le Batard Show with Stugotz” that was reportedly worth $50 million over three years.

MaximBet offers NIL deal to female college athletes in Colorado

MaximBet offers NIL deal to female college athletes in Colorado

Online sports betting brand MaximBet has announced that it is offering a Name, Image and Likeness (NIL) deal to every female student athlete at Division I, II and III colleges and universities in Colorado.

MaximBet gained market access Colorado earlier this month.

The deal will offer a cash payment and merchandise rewards, along with an invitation to the MaximBet “Max-querade” Party in Denver on October 30 to athletes who contact MaximBet to sign up.

To become eligible, female athletes must follow MaximBet on Facebook, Instagram, TikTok and Twitter and send a direct message showing interest in such a deal on any of these platforms.

“We really value our position within the Colorado community, so what better way to show our support than by supporting student-athletes in Colorado,” Doug Terfehr, VP of brand and communications at MaximBet, told iGB.

“This is uncharted territory working with student athletes and providing them an opportunity to leverage their name, image and likeness, make some money and maybe have some fun on the way.”

The athletes will also be asked to feature the brand on their personal social media channels. The two athletes with the highest social media engagement will receive a further payment in addition to the initial cash payment.

This is the first NIL deal offered by MaximBet. Deals along these lines only became possible earlier this year, when a Supreme Court ruling earlier this year allowed NCAA student athletes to take endorsements.

“We wanted to be one of the first brands that showed support for student athletes after NIL became an option, but we also wanted to take a different approach” added Terfehr.

“A lot of deals have been with male athletes or only at the division one level, but we wanted to support female athletes across the whole NCAA.”

Since August, MaximBet has also gained market access in Arizona, Ohio and Pennsylvania.

(IGB)

AEW Betting Odds

 AEW Betting Odds

DFS, NFT, Sports Betting, Trading Cards and more via Media Man

DFS, NFT, Sports Betting, Trading Cards and more via Media Man

Promote your sports, extreme sports, combat sports, pro wrestling, MMA, surfing, eSports, gaming products and services via Media Man network

Promote your sports, extreme sports, combat sports, pro wrestling, MMA, surfing, eSports, gaming products and services via Media Man network

Media Man Group reports on games, casinos, sports betting via Media Man Int, Casino News Media, Global Gaming Directory, Australian Sports Entertainment and established website network and media connections

Media Man Group reports on games, casinos, sports betting via Media Man Int, Casino News Media, Global Gaming Directory, Australian Sports Entertainment and established website network and media connections.

Guest blogger and content exposure opportunity: Fashion, games, casinos, product reviews, movies, pop culture et al

Guest blogger and content exposure opportunity: Fashion, games, casinos, product reviews, movies, pop culture et al

Madison Square Garden eyes sports betting move - 11th January 2019

The parent company of New York’s Madison Square Garden (MSG) could be set to move into the sports betting market after applying to trademark its MSG brand for sports wagering purposes.

Madison Square Garden Company - which operates MSG, as well as sports and entertainment venues in Los Angeles and yet-to-be-completed venues in Las Vegas and London, plus a number of sports franchises - has filed an application with the United States Patent and Trademark Office referencing the use of the MSG brand across online, mobile and social media.

The filing requests the MSG brand be trademarked for downloadable mobile applications for sports wagering, as well as organising, arranging, conducting and participating in sports wagering tournaments, providing information related to sports bets, and competitions and contests.

MSG also requests that the mobile section of the trademark covers fantasy sports contests, managing and participating in fantasy sports leagues, and for providing sports and esports programming, news, previews, alerts, replays, video clips, web cam feeds and information.

The application also references the use of the MSG trademark for the provision of betting and online gambling services, with a view to arranging and conducting interactive peer-to-peer gambling competitions and interactive real-time gambling under the brand.

In addition, MSG makes specific reference to social media, saying that the trademark would apply to social networking in the field of gaming, provided via a website and web-based services.

However, the application does not feature any language related to land-based betting or in-venue gambling at the arena. MSG is home to a number of major league sports teams including NHL ice hockey team the New York Rangers and NBA basketball franchise the New York Knicks.

MSG is yet to respond to a request for comment from iGamingBusiness.com.

New York is yet to legalise sports betting, but Senator Joseph Addabbo last month pre-filed a bill setting out a regulatory framework for land-based, online and mobile sports betting across the state, to be debated in the 2019 legislative session. Addabbo followed this by filing a separate bill to legalise online poker in New York earlier this week.

Both bills have been allocated to the Racing, Gaming and Wagering Committee.

Turkish government launches sports betting tender - 11th January 2019

The Turkish government is accepting proposals from bidders for a new contract to power sports betting for state-owned gaming operator SportToto.

The tender is seeking applicants capable of providing a central wagering system and risk management solution for fixed-odds and pari-mutuel betting on sporting events.

To secure the ten-year contract, applicants must be able to demonstrate that they have experience of running a sports betting network of at least 500 outlets, with at least 6,000 to be operated throughout Turkey.

They will be required to establish the central betting system within Ankara Province, while the risk management centre must also be based on Turkish soil. The successful applicant will also be expected to employ at least 100 staff dedicated to the SporToto project, including management and technical support staff.

Bids are to be filed in the form of proposed revenue share agreements, which state what percentage of total revenue raised the applicant is willing to receive in return for operating the fixed-odds betting product.

In total, the Turkish government aims to generate 17bn Lira (£2.4bn/€2.7bn/$3.1bn) in revenue from the offering’s first year in operation.

However, companies will not be permitted to form consortiums when applying for the tender, though bids from joint venture companies will be accepted. This means the current operator of SporToto’s Iddaa-branded sports betting offering, the Inteltek joint venture of Intralot and local telecommunications giant Turkcell, will be able to make a bid.

Inteltek, established in 2001, has served as the exclusive provider of fixed-odds and pari-mutuel betting since 2004, and secured a new, ten-year contract in 2008. It then extended the deal by a year in August 2018. Over the past 11 years, SporToto has seen its share of the country's sports betting market grow to 56%, with turnover rising to $3.5bn.

Last year Inteltek announced that it was to establish a software development hub in Turkey, with a focus on developing new mobile wagering products and services, employing more than 100 staff in the new facility.

Bidders have until 09:30 AM on February 11, 2019 to submit their proposals to SporToto.

SporToto is one of only two legal gambling operators in Turkey, alongside national lottery operator Millî Piyango İdaresi.

Promote your sports, extreme sports, combat sports, pro wrestling, MMA, surfing, eSports, gaming products and services via Media Man network

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Streaming Media wars heat up: Netflix, Stan, HeyU; Sports Streamers - WWE Network, FITE TV, New Japan World, UFC Fight Pass, ESPN +, Paramount Network, Global Wrestling Network et al. Opportunities, threats and unknowns

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