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Expert comments on the legalization of sports betting in Kentucky, highlighting it as one of many pivotal moments for the sports betting industry seen this year
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Caleb Tallman, a sports expert at WSN, provides his opinion on Kentucky’s announcement to legalize sporting betting and how they will fair in the wider industry:
“2023 is turning out to be a pivotal year in the world of sports betting. The announcement of Kentucky’s legalization follows not only the launch of Massachusetts in March but also the NFL vote in favor to keep sportsbooks open during games – all of which encompass a wider growing acceptance of sports betting that we’re seeing across the USA.
“Whilst Kentucky isn’t home to many major pro teams, we anticipate that the market will be very profitable due to the many popular college basketball and football teams in the state. Unlike many states, Kentucky will be able to participate in college betting which will certainly be a massive asset for the tax revenue of Kentucky.
“Despite the setup not being finalized until the latter end of the year, this launch is actually looking to be a fairly quick turnaround. Usually, you can expect operations to take up to two years to be operational. However, due to the already legalized horse racing betting, we foresee the state regulators being able to launch the sports betting system much quicker than usual, being up and running by the end/beginning of 2024.“
That being said, making sure those who choose to get involved with online betting do so responsibly is also important. Therefore, WSN has also provided some top tips on way in which someone can gamble more responsibly online and do so with their limits in mind.
5 Ways to Gamble More Responsibly Online:
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Set Spending Limits: Sportsbook apps will allow customers to set their own spending limits to help you prevent making rash decisions and go beyond your means when betting.
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Set Session Timers: Bettors can set clear session timers on the sportsbook apps to limit the amount of time you spend betting. This will help keep you aware of the amount of time spent on the app and minimise out-of-control moments when gambling.
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Take a Responsible Gambling Quiz: Those who are new and existing to gambling are encouraged to take one of the online quizzes available to help gamblers get a clearer idea of their relationship with betting. One quiz available is offered by the National Council on Problem Gambling.
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Understand Your Bet: Make sure you understand the odds and the house edge of the wagers you are making and be clear on your own risk tolerance. This comes from doing your research – knowledge is power.
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Know Your Limits: Treat your spending limit as an expense. Once it’s gone, it’s time to walk away instead of chasing your losses which can lead to bigger problems. Likewise, be cautious when mixing alcohol with betting as it can be harder to stick to your limits and edge over your tolerance.
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BETER names Juliana Querino as LatAm Business Development Manager
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Award-winning fast-betting content provider strengthens its position in the region with the latest hire
BETER, the in-demand provider of fast-betting content, data, and live streaming for esports and sports, has strengthened its team with the appointment of Juliana Querino as LatAm Business Development Manager.
Juliana, a seasoned business development specialist based in Brazil, has extensive experience in the Latin American iGaming industry. She has previously held various business development positions at Better Collective, Endorphina, Salsa Technology, and other companies. Her expertise was recognized by the G&M News platform, which included her in its Top 5 Women in the Industry 2024 list—highlighting women making significant contributions to the growth of iGaming in the region.
In her new role at BETER, she will drive the company’s expansion across Latin America, forging new partnerships with regional operators and aggregators, particularly in Brazil, where demand for BETER’s content continues to grow.
She will also drive BETER into new LatAm markets where the provider does not currently have a presence while managing relationships with existing partners to ensure they get the most out of the provider’s next-gen content offering.
Chuck Robinson, Chief Revenue Officer at BETER, said: “Latin America is a fast-moving market with opportunities opening up all the time. To capitalize on these, we need an exceptional specialist, and in Juliana, we have found exactly that. Her expertise and deep market knowledge make her a valuable addition to our team.
“We are already experiencing strong demand for our fast-betting products and solutions across the region. With Juliana on board, we can further identify key operators that would benefit from partnering with us, driving even greater growth.
“I’m delighted to welcome Juliana to the BETER team.”
Juliana Querino commented: “Fast-betting content has become essential for operators in Latin America and beyond, and I’m thrilled to join BETER in expanding awareness of its award-winning portfolio.
“BETER is renowned for its ESportsBattle and Setka Cup tournaments, which are already popular among bettors in LatAm. But our offering goes far beyond that, and I’m eager to showcase the full suite of products and solutions to operators from Brazil to Peru.”
“I look forward to helping BETER maximize the full potential of the LatAm market.”
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BetBreak.org Publishes New Workbook to Help Gamblers Take a Break from Sports Betting
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BetBreak.org has published “When and How to Take a Time-Out from Sportsbetting,” a brand-new workbook designed to help readers understand how taking a break – of any duration – from sports betting can be transformational for their mental health, financial health, and relationships with friends and family.
“This workbook and self-study guide is for anyone who wants to explore their relationship with gambling and it’s especially for those who are wondering whether it might be time for a break from sports betting,” said addiction expert Dr. Jeffrey Reynolds.
The workbook includes information about how to know if you are ready to change, tips for curbing your sports betting if you aren’t ready to quit, setting SMART goals, and limiting access to the three things necessary to gamble. The guide also contains proven tools for managing cravings and urges, resources to regain control over your finances, strategies for dealing with guilt and shame as well as stress management tips.
“The BetBreak workbook is based on the science of behavior change and helps readers make the sustainable shifts in habits necessary to live life with more presence, focus, well-being and happiness,” Dr. Reynolds said.
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SCCG Joins Fantasy Sports & Gaming Association
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SCCG Management, a global leader in gaming advisory, business development, and investment strategies, has secured membership to the Fantasy Sports & Gaming Association (FSGA). As the premier organization dedicated to advancing fantasy sports and sports betting, FSGA provides a collaborative environment where industry leaders, innovators, and pioneers shape the future of these rapidly growing sectors.
By joining FSGA, SCCG Management reinforces its commitment to staying at the forefront of industry trends, market developments, and emerging opportunities within fantasy sports and sports gaming. The partnership will allow SCCG to engage with key stakeholders, participate in thought leadership discussions, and contribute strategic insights to the evolving landscape of fantasy sports, sports wagering, and interactive gaming experiences.
With the fantasy sports and sports betting industries experiencing unprecedented growth and innovation, SCCG’s expertise in business development, technology integration, and investment strategy will bring valuable insights to the FSGA community. As a member, SCCG will actively participate in industry conferences, working groups, and networking events, including the upcoming 2025 FSGA Winter Conference, which serves as a hub for leaders, visionaries, and top executives shaping the future of fantasy sports and sports betting.
“FSGA is at the center of innovation in fantasy sports and gaming, and we are excited to join this influential community. At SCCG, we are always looking to align with industry leaders who are shaping the future of interactive sports entertainment. Through this partnership, we look forward to collaborating with fellow members, exchanging insights, and driving innovation across fantasy sports and sports betting,” Stephen Crystal, Founder & CEO of SCCG Management, said.
As SCCG continues to expand its global impact in fantasy sports, sports betting, and gaming technology, its membership in FSGA further solidifies its position as a trusted advisor and partner to the industry’s most innovative companies.
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