Market research

STATSCORE’s Betting Industry Review 10/04/2023

CBF wants a larger share in betting revenues, MLB’s games get quickest thanks to new rules, and Foxtel secures IPL rights in Australia. Here’s STATSCORE’s Review!

  1. Football Confederation of Brazil demands a 4% betting fee for football rights
  2. Quicker games and higher averaged – MLB’s new rules work as intended
  3. Foxtel secures IPL rights in Australia until 2027
  4. Massachusetts bans betting on Boston Marathon
  5. Amnesty International asks EPL to re-examine Newcastle takeover

Football Confederation of Brazil demands a 4% betting fee for football rights

The federation expressed interest in increasing its share of revenues generated from betting.

The CBF demands that ‘betting regime guarantee 4% share of gross revenues to be distributed across its football leagues’.

This proposal is expected to clash with the plans of the Ministry of Finance, which is currently tasked with redrafting Brazil’s sports betting regime for another attempt at a federal sign-off. Read more

Quicker games and higher averaged – MLB’s new rules work as intended

The improved pace of the games is the key effect of the league’s new rules designed to speed things up.

Less waiting, things happening faster, and improved pace of the game – these are the results of the changes, which include a pitch timer, ban of extreme shift, and making the bases themselves larger. The average time of game went down to 2:38 per nine innings this season from 3:03 last season. Read more

Foxtel secures IPL rights in Australia until 2027

The Foxtel Group has extended its partnership with the Indian Premier League of cricket which will see it keep it as the exclusive tournament broadcaster in Australia.

The renewed five-year agreement will see 74 matches made available to its 4.6 million subscribers each season. Read more

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Massachusetts bans betting on Boston Marathon

The Massachusetts Gaming Commission voted 4-0 to deny a DraftKings proposal to add the race to the Massachusetts sports betting catalogue.

“There are few greater events than the Boston Marathon, and it’s nationally known, but in the Commonwealth, it’s very local, and it underpins a local holiday,” Commissioner Jordan Maynard said.

“I’m going to respect this local organization’s request to be included in the process that could potentially ever allow wagering on their event. I also respect that they don’t think they can work out any issues in 12 days, and that seems reasonable, It’s not going to happen.” Read more

Amnesty International asks EPL to re-examine Newcastle takeover

The league has been urged to look into assurances given by Newcastle’s Saudi owners that the Middle East state would not have control of the club following the filing of a new court document in the USA.

“The Premier League will surely need to re-examine the assurances made about the non-involvement of the Saudi authorities in the Newcastle deal, not least as there’s still a Qatari bid for Manchester United currently on the table,” said Peter Frankental, Amnesty’s UK economic affairs director. Read more

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