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STATSCORE’s Betting Industry Review 16/11/2020

Sports betting breaks records in Indiana. Is it time for Canada to provide new regulations in this area? Stay up to date with STATSCORE‘s weekly review!

  1. Indiana hits record sports betting revenue
  2. UEFA’s eEURO comes back for a second edition in 2021
  3. Will Canada fix its sports betting regulations?
  4. Formula 1 announced provisional calendar for 2021
  5. COVID-19 transmission unlikely during top sports events

Indiana hits record sports betting revenue

The Indiana Gaming Commission has announced that Indiana reached new records in sports betting handle for the second month in a row in October.

Thanks to the NFL and college football games being held as planned, Indiana’s sports betting seems to have come back to a more normal pace.

Bettors in the state wagered $230.9m during October, which is a new monthly high. The revenue for the month amounted to $21.1m, up 83.5% from $11.5m in October 2019. Read more

UEFA’s eEURO comes back for a second edition in 2021

UEFA has revealed that it will hold a second edition of the eEURO tournament prior to the ‘real’ European Championship planned for 2021.

The tournament is set to be played on Komani’s eFootball PES 2021 and will feature all 55 UEFA’s associations.

“The UEFA eEURO has given efootball enthusiasts the chance to dream of representing their country on the biggest stage and all competing teams will be looking to emulate Italy who were victorious earlier this year,” said UEFA marketing director Guy-Laurent Epstein. Read more

Will Canada fix its sports betting regulations?

When the US Supreme Court ruled in 2018 that the nationwide ban on betting was unconstitutional, it brought about a wave of legalization in more than 20 states. Will Canada follow that example?

The country’s existing regulations are a mix of tribal legislation and state-owned lottery operators, while the Canadian Penal Code makes single sports wagering illegal. Will the country fix the situation, which would let it capitalise on the explosion of betting? Read more

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Formula 1 announced provisional calendar for 2021

Formula 1 has officially revealed its calendar for the upcoming season. The provisional schedule lists twenty-three Grand Prix.

“Our hosts for 2021 are reassured by our safe return to racing this season, and confident that the plans and procedures we have in place will allow us to return to a level of normality for the 2021 season.” – the official statement reads.

The campaign is set to start in Australia on March 21 and finish in Abu Dhabi in December. Read more

COVID-19 transmission unlikely during top sports events

The risk of catching COVID-19 is very low during professional sports events, according to Chris Orton, a research fellow at London’s Chelsea and Westminster hospital.

Orton told Reuters that there have been no confirmed cases of COVID-19 transmission in the UK during a training session or a match. Read more

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