Initially, the sponsorship agreement between the betting house and the Argentine club will be valid for one year.
Argentina.- Club Atlético Independiente has closed its sponsorship contract with Sportsbet for one year, making the online betting site the main sponsor of the Avellaneda team's shirt during 2025.
The contract with the football club known as "King of Cups" includes commercial actions with the brand, which will be featured on the home and away jerseys of the professional men's football team until the end of next year.
See also: Betsson expands its presence in sports in Latin America
Sportsbet is a site with slots, roulette, blackjack, live casino, and bingo, which includes sports betting. Through this agreement, the betting house seeks to position itself as a key player in the sports world.
The Senior Vice President of Strategic Communications of AGA issued the statement after the hearing held on December 17.
Press release.- Joe Maloney, Vice President of Strategic Communications of the American Gaming Association, issued the following statement in response to the hearing of the United States Senate Judiciary Committee entitled "The United States' High-Stakes Gamble on Legalized Sports Gambling" that took place today, Tuesday, December 17, 2024.
"Today's hearing notably lacked a witness from the industry. This unfortunate exclusion leaves the committee and the proceedings in general without testimonies on how legal gambling protects consumers from the predatory illegal market and its leadership in promoting responsible gambling and safeguarding the integrity," reads the statement.
And it concludes: "We remain committed to strong state regulatory frameworks that protect consumers, promote accountability, and preserve the integrity of athletic competition."
The revenues from commercial gaming in the United States reached a quarterly record of USD17.410m in the third quarter of 2024, according to the "Commercial Gaming Revenue Tracker" of American Gaming Association (AGA). It is the 15th consecutive quarter of growth.
During the first nine months of the year, national commercial gaming revenues amounted to USD53.240m, a pace of 8.0 percent ahead of 2023 and on track for a fourth consecutive year of record revenues.
In the third quarter of 2024, 29 of the 35 commercial gaming jurisdictions operating last year experienced an increase in revenues year over year. This growth resulted in an 8.9 percent year-over-year increase in state and local taxes directly linked to gaming revenues, and commercial gaming operators contributed USD3.790m in taxes during the quarter.
