North America

Ontario looks for partners to help achieve online betting expansion

The Ontario Lottery and Gaming Corporation (OLG) is searching for a company to help expand online and mobile sports betting in the Canadian province, the National Post has reported. The expansion, which is largely focused on sports betting, will allow people to place live bets during games, something currently unavailable through OLG. It also opens the door for the likes …

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Hall of Fame entry for Paris Smith, Fred Done and Vigen Badalyan

Hall of Fame

Pinnacle CEO Paris Smith, Betfred Founder and CEO Fred Done and BetConstruct Founder and CEO Vigen Badalyan will be inducted into the SBC Sports Betting Hall of Fame at this year’s SBC Awards. The fourth edition of this end of year industry celebration is being held tonight (Tuesday 5 December) at the stunning Artillery Garden at the HAC in Central …

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The Stars Group completes legacy investments sell-off

Updating the market, Toronto TSX-listed online gambling firm The Stars Group Plc has informed that it has completed a divestiture of all corporate legacy investments. The Stars Group confirms the complete the disposal of its 7.5% shareholding in London-listed online gambling firm Jackpotjoy Plc for net cash proceeds of $60 million. The company had alerted investors last week that it would proceed …

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Expert Focus – All on the line in New Jersey’s battle of PASPA

Copyright : feverpitched / 123RF Stock Photo

All eyes are set to fall on the USA today, as the Supreme Court of the United States (SCOTUS) hears oral arguments from New Jersey officials regarding the constitutionality of the Professional and Amateur Sports Protection Act (PASPA). With a distinct focus on New Jersey’s bid to offer licensed sports betting, the state has already faced seven losses in federal …

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Russia 2018: Digesting the draw

As Friday’s draw concluded and the World Cup began to take shape, fans were left pondering a mouthwatering clash between Spain and Portugal, renewed optimism in the Three Lions and a slightly surreal tournament opener.   Gareth Southgate’s England were handed a favourable start to the tournament, taking on Tunisia and World Cup debutants Panama in the opening two games. …

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All eyes on Capitol Hill as Chris Christie seeks Supreme Drop of PASPA

Today, US Supreme Court Justices’ will hear initial ‘oral arguments’, put forward by New Jersey officials seeking to repeal provisions of 1992’s ‘Professional and Amateur Sports Protection Act (PASPA)’. New Jersey continues its decade-long battle to implement ‘state-licensed sports betting’, which had been previously rejected in 2015 by the US Justice Department. Arguing that PASPA regulations interfere with US states’ …

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Business Briefs – featuring Christmas cheer, profits and parties

Copyright: chepko / 123RF Stock Photo

The round up includes news of a fresh UKGC license being granted, Australian and American full year and Q3 results and Christmas promotions getting underway as the festive season begins. Aristocrat posts positive results A record revenue figure of $2.45bn has been announced by Aristocrat in its full year results, a 15.3% increase from the $2.1bn shown for the previous …

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Aristocrat ups Social portfolio acquiring $990 million Big Fish Games from Churchill Downs

Australia ASX100 gambling technology supplier Aristocrat Gaming has strengthened its position within the social gaming sector, acquiring Seattle-based Big Fish Games from US racing operator Churchill Downs for a reported $990 million (£735 million) cash transaction. The acquisition sees Aristocrat expand its Social Gaming portfolio, having acquired Israeli games studio Plarium Gold last August for $500 million. Updating investors, Trevor …

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Pollard Equities exercises options in NYX as Scientific Games undertakes shareholding takeover

Issuing a market update, Canadian gambling investment firm Pollard Equities has moved to increase its stake in Toronto TSX-listed gaming/betting technology firm NYX Gaming Group. Pollard Equities the majority owner of lottery tickets supplier Pollard Banknote has executed the right to purchase 4 million fixed priced warrants/options of NYX Gaming’s ordinary shares. Detailing the transaction, Pollard will pay a fixed price …

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Intralot posts ‘steady’ 2017 trading eyeing new contract growth

Presenting its year-to-date trading statement (period ending 30 September), Athens-listed industry gaming and lottery systems supplier Intralot SA has reported a strong corporate momentum, as the company reports growth across its core metrics. For its YTD performance, Intralot reports a consolidated group revenue increase of 13% to €1,085 billion. The company reported a strong Q3 sales performance in the US, …

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