Alex Capurro, CEO of Easy Payment Gateway, says US gambling operators must look to alternative options to deliver a seamless payments journey for consumers. ___________ Following the repeal of PASPA last month, and the growing number of US states pushing ahead with legal, regulated online gambling, the USA has quickly become one of the hottest emerging markets in the world. …
Read More »
Australia ASX-listed gambling technology group Aristocrat Leisure has confirmed the appointment of Jeff Karp as Managing Director & President of Big Fish Games, heading up its recently acquired social gaming subsidiary. Seeking to diversify its corporate entity beyond casino technologies, in December 2017 Aristocrat completed its $1 billion acquisition of Seattle-based Big Fish, from former owner Churchill Downs. Regarded as …
Read More »
Industry technology provider SBTech details its ‘second major US sports betting announcement’, confirming that it will act as lead betting systems provider for the Resorts Casino Hotel in Atlantic City New Jersey. Securing the partnership, SBTech has been selected by Resorts governance to provide its legacy Boardwalk casino with a full omni-channel sports betting solution servicing on-property, digital and mobile …
Read More »
Issuing a corporate update, Toronto TSX-listed the Stars Group Inc has informed that it will add a further $250 million to its proposed private unsecured senior note/loan offering. Seeking to complete its $4.7 billion acquisition of Sky Betting & Gaming (Sky Bet), the Stars Group governance will move to expand its senior debt-financed loan to $1 billion (transaction first announced …
Read More »
Oslo-listed online gambling firm Gaming Innovation Group (GiG) has confirmed that it has met the requirements of The State of New Jersey Division of Gaming Enforcement (DGE) to service online casino platform solutions for its licensed NJ operators. The DGE informs that the GiG Core Platform has met all compliance procedures and standards set to offer real money casino services to …
Read More »
US industry trade group the American Gaming Association (AGA) has established a seven-strong ‘search committee’ to assist with the leadership replacement of Geoff Freeman, who ends his 5-year CEO tenure to join America’s Grocery Manufacturers Association (AGMA) at the end of July. The AGA’s search committee will be led by Penn National Gaming Chief Executive Tim Wilmott, who seeks to find …
Read More »
Chris Murphy Editor of SBC Americas details a chaotic first two months of US legislative activity post-SCOTUS’ repeal of PASPA’s federal mandate. What sense if any can the industry make of early US state adoption of sports betting laws… _________________________________ More than two months have elapsed since the landmark ruling that saw the Supreme Court of the US (SCOTUS) overturn …
Read More »The CEO of the Professional Darts Corporation (PDC), the Chief Legal Officer of the PGA Tour and a five-time snooker World Champion will join the strongest lineup of speakers the sports betting industry has ever seen. The PDC’s Matt Porter, Len Brown from the PGA Tour and Ronnie O’Sullivan were just three of the names that caught the eye as …
Read More »
This weekend Rhode Island became the third US state to legislate for sports betting services following May’s Supreme Court repeal of PASPA’s federal mandate. Rhode Island (population 1 million) follows its east coast neighbours of Delaware and New Jersey in moving to allow sports betting services within licensed casino premises. On Friday, state governor Gina Raimondo (D) signed off on …
Read More »
Moving to complete its $4.7 billion acquisition of Sky Betting & Gaming (SB&G), Toronto TSX-listed the Stars Group Inc, has further announced that it will launch a private unsecured loan offering for $750 million. Updating the market, the Stars Group governance will undertake its additional $750 million debt financing through private/institutional investors, with the loan placement set to mature in …
Read More »
SBC News Voice of the Sports Betting Industry