Betting industry news

    Bacta survey shows Machine Games Duty rise would see business closures, job losses and a freeze on investment

    A Bacta survey indicates that a potential increase in Machine Games Duty (MGD) would severely impact the UK's land-based gaming industry, with 90% of members anticipating negative consequences. These impacts include business closures, job losses, and a halt in investment. The findings underscore the industry's concerns regarding further tax burdens.

    Polymarket and Genius Sports Expand the Role of Official Data, Exclusive Live Sports Streaming and Integrity Services in Prediction Markets

    Genius Sports and Polymarket are expanding their partnership to integrate official sports data, exclusive live streaming, and integrity services into Polymarket's prediction markets. This collaboration aims to provide more reliable and secure information for prediction market users, bolstering the platform's offering with Genius Sports' advanced data and integrity solutions.

    Cracking the World Cup Code

    Sportradar processed approximately 350 million betting tickets during the recent World Cup, providing a comprehensive global view of betting trends across various jurisdictions. This vast dataset allows Sportradar to identify overarching betting patterns and regional preferences that individual operators might miss. The scale of the data offers unique insights into the global sports betting market during major events.