Canada
PlayNJ.com: Sports betting slows in June while revenue booms

New Jersey’s online and retail sportsbooks rejoined the national trend of declining betting volume in June. But a hold of 9.3% pushed revenue at sportsbooks to more than $71 million, a remarkable result that blunted the effects of any summer slowdown, according to PlayNJ, which tracks the state’s regulated online gaming and sports betting market.
“Overall, New Jersey continues to perform far better than every other sports betting market in the U.S.,” said Dustin Gouker, analyst for the PlayUSA.com Network, which includes PlayNJ.com. “No market can completely overcome a lack of betting inventory, but New Jersey’s sportsbooks continue to find ways to capitalize on what the sports world is offering, most notably the NBA Playoffs and baseball.”
Online and retail sportsbooks took in $766.9 million in bets in June, according to official data released Friday. That is down 5.8% from $814.3 million in May, but up dramatically from $117.8 million in June 2020, a month still plagued with pandemic-related closures.
June’s action yielded $71.3 million in gross gaming revenue, the most in operator revenue since sportsbooks posted a record $82.6 million in January. $164.4 million in parlay betting, which has a year-long hold of 17.8%, by far the highest of any type of bet, was the main revenue generator in June. Operator revenue was up 34.7% from $52.9 million in May and up exponentially over $12.6 million in June 2020.
All told, June’s betting yielded $10.5 million in state and local taxes.
March brought the highest betting volume in U.S. history, with $4.6 billion in legal bets placed across the U.S. With no football or betting holiday like March Madness, combined U.S. handle fell to $3.7 billion in both April and May. That is a 19.6% drop from March’s high. But New Jersey’s volume has outperformed the rest of the U.S., down 10.8% in June from $859.6 million in March.
New Jersey’s advantage, other than its close proximity to New York, is the popularity of the NBA in the Northeast. June saw $190.9 million in basketball-related bets, easily the most of any sport during the month. Through the first six months of the year, basketball has attracted $1.7 billion in wagering. That represents 34.5% of the $4.8 billion handle from events completed so far this year, the most of any sport by a considerable margin.
“While the sportsbooks in most states have been scouring the sports landscape for opportunities to drive interest, New Jersey’s books have successfully capitalized on the NBA playoffs and baseball,” said Eric Ramsey, analyst for PlayNJ.com.
89.1%, or $734.7 million, of June’s handle came through an online operator. FanDuel Sportsbook/PointsBet commanded the market lead once again with $38.1 million in gross revenue, up from $29.8 million in May.
FanDuel was followed in revenue by:
- Resorts Digital/DraftKings/Fox Bet ($13.0 million, up from $9.5 million in April)
- BetMGM/Borgata ($5.6 million, up from $4.7 million)
- Ocean Casino/William Hill ($2.3 million, up from $1.3 million)
- Monmouth/William Hill/SugarHouse/TheScore ($2.0 million, up from $1.8 million)
- Hard Rock/Bet365/Unibet ($642,297, up from $508,488)
- Caesars Sportsbook/888sport ($243,981, down from $518,217)
- Golden Nugget/BetAmerica ($80,615, up from -$87,211)
- Tropicana/William Hill ($92,388, down from $48,000)
Meanwhile, retail sportsbooks continued to benefit from loosening restrictions with $83.9 million wagers in June, up from $79.6 million in May. Meadowlands/FanDuel led all retail books with $6.4 million in revenue in June.
The most mature U.S. market other than Nevada, New Jersey should get an infusion of new brands, including a potential Sports Illustrated-branded app, after SI and 888 Holdings announced a deal to create an app that could launch in multiple markets. This as voters get a chance to alter the market with a vote later this year to lift the state’s ban on wagering on in-state college teams.
“It feels like market share in New Jersey is cemented right now,” Ramsey said. “Right now, the state could really benefit from a small shakeup. A new brand with a well-known name like SI could help. So too would unlocking local college sports betting.”
Online casinos and poker
Online casinos and poker rooms extended their run of $100 million-plus revenue months to four, reaching $107.1 million in June. Revenue was up 26.1% from $84.9 million in June 2020, though down from $108.2 million in May.
The huge gains made in online gambling in 2020 has so far withstood the reopening of Atlantic City casinos. Through six months of 2021, online gaming has produced $634.2 million in revenue. That is well on pace to surpass the record $970.3 million in revenue in 2020 and easily reach $1 billion in revenue in a single year for the first time.
Borgata/BetMGM led in June with $34.3 million in casino and poker revenue. That topped rival Golden Nugget, which reached $27.6 million. Resorts Digital, which includes the Fox Bet and DraftKings brands, which has also made significant investments in its online gaming product over the last year, was third with $22.5 million in revenue.
“The positive effect of online sports betting, the race for market share, and the behavioral changes that stemmed from last year’s pandemic-related shutdowns continue to benefit online casinos and poker rooms,” Ramsey said. “$1 billion in annual revenue seems like a certainty now. And more growth could come this fall, even with Atlantic City recovering.”
Other highlights from June’s report:
- Online casinos and poker rooms generated $18.7 million in state and local taxes.
- Online casinos and poker generated $3.6 million per day in the 30 days of June, up from $3.5 million per day in May.
- Online casinos accounted for $104.8 million of June’s revenue, up 28.8% from $81.4 million in June 2020.
- Online poker generated $2.2 million, down 37.5% from $3.5 million in June 2020.
For more information and analysis on regulated sports betting and online gaming, visit PlayNJ.com/news.
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AGCO
AGCO Removes Cap on Seller Commission for Charitable Lottery Products

The Alcohol and Gaming Commission of Ontario (AGCO) has updated several lottery policies to remove the cap on seller commission for Paper Raffles and Media Bingo, along with removing the prohibition on Catch the Ace paper lotteries, to align with other charitable lottery products.
Licensed charities may now negotiate commissions directly with sellers and determine commissions, provided they are reasonable and tied to the cost of service provided by the seller.
These updates further the AGCO’s commitment to adopt an outcomes-based regulatory approach and reduce burden for the charitable gaming sector. Local charitable organizations will have greater flexibility to make decisions that best serve their fundraising objectives.
Important Reminders
• Charities must still receive approval for other expenses incurred under their licence and retain receipts for seller commission paid.
• Licensing authorities will not require documentation to be submitted as part of the application process, however, charities are still subject to audit to determine compliance.
• Charities are reminded of their legal requirement to meet their obligations under the Criminal Code and with respect to conducting and managing a charitable gaming scheme.
• As with all licensed charitable lottery events, charities must take the necessary steps to ensure that they are conducting and managing the lottery event within Ontario.
For charitable gaming-related inquiries, email an AGCO Eligibility Officer at [email protected] or call AGCO Customer Service at 1-800-522-2876, Monday to Friday from 8:30 a.m. to 5 p.m.
The post AGCO Removes Cap on Seller Commission for Charitable Lottery Products appeared first on Gaming and Gambling Industry in the Americas.
Alon Segev
Segev LLP Celebrates 10 Years of Business-Focused Legal Innovation

Leading business, technology, finance, and gaming law firm, Segev LLP, is proud to announce its 10th anniversary. Over the past decade, Segev has evolved from a bold idea into a multi-jurisdictional firm serving clients across Canada, the U.S., and beyond.
Built for innovation-driven industries, the firm is widely recognized for its work with companies at the forefront of gaming, crypto, technology, and emerging sectors. “Our 10-year anniversary is a defining moment,” said Founding Partner, Ron Segev. “It’s a testament to the strength of our team and our culture of teamwork, self-improvement, and growth – all of which is directed at scoring wins for our great clients.”
As industries like fintech, crypto, iGaming, and AI have matured, so has the firm, often in parallel with its clients. “We’ve all grown together with our clients from one success to the next, whether it be helping clients complete financings or helping them close business,” said Managing Partner Alon Segev. “I look forward to continued growth for us and our clients in the next 10 years!”
The firm’s client-first approach has consistently earned recognition from top legal ranking guides. Segev LLP is ranked by Chambers and Partners as a “Leading Firm” and “Band-1” in Canada for Gaming Law and are also recommended by The Legal 500 and Lexology. These rankings reflect the team’s ability to deliver strategic, high-quality legal solutions that align with their clients’ business goals.
Recognized for their unique ability to exceed expectations and deliver out-of-the-box solutions, Segev LLP’s clients have affirmed: “The firm demonstrates its capability not only to understand complex matters, but also to offer solutions that are practical, pragmatic, and value-adding.”
“Segev possesses outstanding resources and maintains global partnerships, enabling it to deliver precise and informed responses to any queries related to the iGaming industry.”
“Epic service, very good, I won the case!”
“Great service, friendly atmosphere, and support.”
Several Segev team members also reflected on the milestone: “There was a moment early in my time here when I realized I wasn’t just being brought in to help; I was expected to contribute, take initiative, and run with big ideas. That stuck with me,” said Negin Alavi.
“Together with our clients, [Segev] has experienced remarkable growth over the past decade. I’m honored to have contributed to this journey and to celebrate these shared successes,” said David McHugh.
“Segev has cultivated a thriving law practice on the principle that challenges are to be embraced as opportunities. The approach has enabled us to grow as lawyers, but more importantly, it has enabled us to ensure the success of our clients,” said Mark Balestra.
“Since joining through Segev’s Ontario expansion, I’ve had the chance to work alongside some of the sharpest and most collaborative lawyers in the gaming space,” added Manav Bhargava. “As a full-service firm and industry leader, Segev stands out for its ability to support innovative businesses with practical, forward-thinking legal advice.”
Segev LLP will commemorate the anniversary with a series of internal and external initiatives throughout the remainder of the year.
The post Segev LLP Celebrates 10 Years of Business-Focused Legal Innovation appeared first on Gaming and Gambling Industry in the Americas.
AGCO
INCENTIVE GAMES SECURES ONTARIO GAMING LICENSE

Incentive Games, a leading B2B games provider, is proud to announce that it has been awarded an Ontario Gaming License by the Alcohol and Gaming Commission of Ontario (AGCO), effective today. This achievement enables the company to offer its portfolio of real-money games to licensed operators and players across the province.
The license underscores the Incentive Games’ commitment to meeting the highest standards of compliance, security, and operational excellence. The rigorous application process demands robust security protocols and comprehensive responsible gaming measures and affirms the company’s readiness to enter one of Canada’s most dynamic iGaming markets.
The North American market is a strategic focus for Incentive Games, and this milestone follows closely on the heels of the company receiving its Provisional Michigan gaming licence from the Michigan Gaming Control Board earlier this month.
Incentive Games will distribute its real-money gaming content in Ontario through Incentive Studios, the company’s dedicated Real-Money Gaming division, ensuring a focused and tailored approach to the market.
“Ontario represents a huge opportunity for us, and securing this license is a proud moment for the whole team,” said John Gordon, Chief Executive Officer at Incentive Games. “It reinforces our dedication to meeting the highest standards while delivering compelling real-money content. We’re looking forward to building strong relationships in the region and continuing our momentum across regulated markets worldwide.”
The post INCENTIVE GAMES SECURES ONTARIO GAMING LICENSE appeared first on Gaming and Gambling Industry in the Americas.
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