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Here are today's headlines in the world of gambling and sports betting as they happen - Monday August 12, 2019.
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Over $1bn Wagered With William Hill in the First Half of 2019
William Hill net revenue for the last six months ending 2 July 2019, amounted to £811.7m ($985m), up by 1% from the £802.9m generated the year prior.
In the US, William Hill’s Nevada operations generated £38.5m in revenue, up 4% on 2018’s revenue. William Hill’s wider US operations outside of Nevada generated £14.5m in revenue, up from £900,000.
Operating expenses in the US also saw an increase, from £495.4m to £547.9m.
NFL Delves Deeper Into Sports Betting
Bloomberg News reports that the NFL has signed a multiyear partnership with data firm Sportradar AG. Under the agreement, Sportradar has exclusive rights to distribute official NFL data to legal sports-betting operators in the U.S. and abroad. They have previously worked with Sportradar non-gambling data since 2015.
“It’s a new world and it’s a new day as far as the legalized sports-gambling landscape,” commented Hans Schroeder, the NFL’s chief operating officer. “Our view is, let’s be right. When we actually go to market, we don’t want to worry about being first, we want to be right.”
This deal allows Sportradar the ability to package data for gambling operators.
Under the deal, Sportradar will also help monitor betting activity on NFL games as well.
From Bloomberg News:
Overall, Schroeder said the deal will help the league better serve its fans, who use its data for everything from fantasy sports to gambling, research to live viewing.
“Whether the market is big, small or somewhere in between, that doesn’t matter to us,” Schroeder said. “What matters is making sure that we’re delivering a feed and data that is consistent and best-in-class.”
BREAKING: NFL makes first substantive move towards sports betting. Expands data deal with @Sportradar to include exclusive distribution of real-time official play-by-play data to sports betting operators in the U.S. and internationally where sports betting is legal and regulated
— Darren Rovell (@darrenrovell) August 12, 2019
Our Free Picks Record August 12
2019 MLB Record: 23-13-2 (63.8%) - No Plays Over -160
2018-19 College Basketball Record: 12-9 (57.1%)
2018-19 NBA Record: 7-5 (58%)
2018 MLB Record: 45-35 (56.2%)
2018 NBA Record: 12-4-1 (75%)
