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Digital Sports Tech launches in-play prop betting offering for NBA

George Miller

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Digital Sports Tech unveils Player Props Data Feed
Reading Time: 2 minutes

 

Digital Sports Tech (DST), the industry leading, specialist provider of player prop betting markets, has launched a world-first in-play prop betting offering for the National Basketball Association (NBA), with results to date exceeding all user traction and performance expectations.

In-Play NBA Player Props, which was launched in December 2018, is powered by DST’s state-of-the-art props platform and pricing engine, which combines advanced mathematical and predictive modelling with proprietary algorithmic-based odds generation that has been designed specifically for live NBA matches.

It enables sportsbook customers to bet on any player’s (statistical) performance in real-time and as play is happening on the court. An example would be placing a bet five minutes into the second quarter on LeBron James to finish the match with 30+ points.

DST’s In-Play NBA Player Props is made available to sportsbook customers via its low latency data feed (API) push service. It is also offered within DST’s award-winning Bet Builder product, a plug-and-play solution for sportsbook operators where their users can create and customise their own stats-based prop bets on any player, either building single bets or same-game accumulators.

DST provides unparalleled coverage for its In-Play NBA Player Props offering in terms of the number of games, players and markets offered, with up to 10 players and 100 individual betting markets available per game. Human oversight is also provided across all games via DST’s experienced team of traders to ensure the best and most accurate prices for its customers.

Ari Lewski, Executive Director at Digital Sports Tech, said: “Betting on NBA is already a top three sport for most global operators and player props are a critical part of their armoury, representing up to 85% of total markets offered per game with some sportsbooks.

“There is an ever-growing pool of bettors that are now more interested in betting on the star players and their statistical performances than the teams. For most of them it’s a far more engaging and enjoyable betting experience and In-Play NBA Player Props aims to take this experience to a whole new level.

“While a handful of sportsbooks offer a few in-play NBA props on an ad hoc basis, the combination of our offering’s unrivalled breadth and depth, together with the current popularity of NBA props betting, will no doubt have a positive impact for operators. We’ve been thrilled to see how well In-Play NBA Player Props has performed for our clients since launch and we’re really excited and confident about its potential.”

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Gambling in the USA

PointsBet Partners With Catfish Bend Casino in Iowa

Niji Narayan

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PointsBet Partners With Catfish Bend Casino in Iowa
Photo Source: kbur.com
Reading Time: 1 minute

 

PointsBet, the top-tier sportsbook operator, has entered a multi-year partnership with Catfish Bend Casino, one of Iowa’s leading casino, entertainment, and hotel destinations.

The partnership will include the launch of both premium retail and mobile sportsbook operations in Iowa, following proper licensing afforded by the Iowa Racing and Gaming Commission. PointsBet and Catfish Bend Casino will work in tandem to build out a multi-faceted sports entertainment venue centrally located on the Catfish Bend property.

“PointsBet is thrilled to announce this partnership, enabling us to create a first-class sportsbook for Iowa’s sports bettors at one of the best casino resorts in the Midwest. Catfish Bend Casino’s executives – Gary Hoyer and Rob Higgins – are two of the most progressive and forward-thinking operators in the industry. We knew they were the perfect match for PointsBet’s long-term vision of gaming in the U.S. from day one,” Johnny Aitken, PointsBet’s U.S. CEO said.

“We couldn’t imagine a better sportsbook to bring to Catfish Bend Casino and the state of Iowa. The potential legalization of sports betting in Iowa opens an exciting new opportunity for recreational and avid players, and PointsBet’s unmatched dedication to bettors makes them the ideal partner for our brand and go-to-market plan,” Gary Hoyer, CEO of Great River Entertainment said.

 

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Gambling in the USA

Delaware North Sues Miomni Gaming Over Fraudulent Claims

Niji Narayan

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Delaware North Sues Miomni Gaming Over Fraudulent Claims
Photo Source: hhlarchitects.com
Reading Time: 1 minute

 

Delaware North, the US based casino operator, has filed a lawsuit against its sports betting joint venture partner Miomni Gaming.

The operator is seeking monetary damages through the suit filed in the Chancery Court of Delaware, including Miomni’s 49% stake in the BetLucky joint venture, which the supplier is apparently refusing to give up. The joint venture was made to launch the BetLucky sports betting platform. Delaware North then terminated the contract earlier this month.

The operator claims Miomni made fraudulent claims to induce it to enter into a joint venture, as well as of wilfully breaching a limited liability company agreement governing the operation of BetLucky.

Delaware North claims that Miomni and chief executive Venner repeatedly claimed to own intellectual property rights to the platform, including the source code for the front end and back end of the platform.

 

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Compliance Updates

PGCB Imposes Fine Totalling US$242k on Two Casino Operators

Niji Narayan

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PGCB Imposes Fine Totalling US$242k on Two Casino Operators
Photo Source: pennsylvaniacasinos.com
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The Pennsylvania Gaming Control Board (PGCB) has imposed the fines totalling US$242k against two casino operators.

Sands Bethworks Gaming, LLC, operator of the Sands Casino Resort in Northampton County, received separate fines of US$120k for underage gaming violations and a second for US$110k regarding the awarding of free slot play. The fine stemmed from 11 incidents in which individuals under the age of 21 accessed the gaming floor.

The second fine was issued for permitting the issuance of free slot play by employees who were not authorised to do so and/or issuing free slot play of amounts above authorised levels.

Washington Trotting Association, LLC, operator of the Meadows Racetrack and Casino in Washington County, received a US$12.5k fine for an underage gaming violation. This fine stemmed from an 18-year-old male gaining access onto the gaming floor, wagering at table games and being served alcohol.

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