North America

Since the Supreme Court agreed to rehear New Jersey’s state appeal for legalising sports betting last June, the agenda for ‘licensed US betting’ has been placed at the forefront of US Pro-League Commissioners. This week In New York, the Chief Commissioners of the ‘Big 4’ Leagues; Roger Goodell (NFL), Adam Silver (NBA), Rob Manfred (MLB) and Gary Bettman (NHL) will meet …

Updating the market, Athens-listed gambling and lottery systems provider Intralot SA has confirmed that it has secured a two-year lead services/provisions extension with the US Vermont Lottery. The renewed contract will see Intralot act as lead systems provider for the Vermont Lottery until 2020, with Intralot governance valuing its extension at approximately $5 million. Updating investors, Intralot detailed that the …

In partnership with SportAD, Resorts Digital Gaming, the online arm of Resorts Hotel Casino has announced the launch of FastPick.com, the first licensed, real-money fantasy sports game for the US gambling industry. The FastPick fantasy sports product has been designed to be a ‘fair and sensible’ alternative to current DFS market offerings. Developed under the premise of creating ‘DFS games …

Updating the market, international gambling and lottery systems provider IGT Group Plc has confirmed that it has secured a three-year extension to its existing services contract with the New York Lottery. The agreement will see the New York Lottery extend its existing provisions with IGT services adding new terminals, technology portals and multimedia enhancements. The New York Lottery has been …

Almost as anticipated as the fight itself, last week’s Floyd ‘Money’ Mayweather vs ‘The Notorious’ Conor McGregor press conferences have evoked the imagination of punters. The tenacity of McGregor appears to have renewed faith from punters that he has something unpredictable planned for 26 August. Paddy Power’s Lee Evans told SBC: “We were forced to cut the odds on McGregor …

The governances of leading US daily fantasy sports operators’ FanDuel and DraftKings have issued statements confirming that their planned merger has been called off. The prospects of creating an ‘outright DFS market leader’ had hit a roadblock last June when the US Federal Trade Commission (FTC) detailed that it could not recommend the FanDuel-DraftKings merger as the combination would control …

New Jersey’s Casino Control Commission has this week approved the restructuring proposal of Caesars Entertainment Operating Co (CEOC) unit presented under the bankruptcy plan of Caesars Entertainment. The plan will allow CEOC operated assets/properties to be placed under a newly-formed operating company in accordance with US Chapter 11 bankruptcy laws. Once the new company is formed, Caesars Entertainment governance will …

Australia ASX-listed gambling technology firm Aristocrat Leisure is seeking a new Chief Financial Officer (CFO), following the decision of current incumbent Toni Korsanos not to relocate to Las Vegas. Following a corporate restructure, Aristocrat has plans to relocate its executive management team to Las Vegas, moving the company closer to its main market. However, Korsanos who has acted as CFO …

US Tech news sources are reporting that FanDuel governance is ‘evaluating its position’ with regards to its planned merger with main DFS market rival DraftKings. Last June the US Federal Trade Commission (FTC) blocked the combination of FanDuel-DraftKings on the grounds that a merged enterprise would control ‘+90% of the US fantasy sports market’, creating unfair business conditions for consumers, …

Mark Frissora ,CEO of Caesars Entertainment Corporation (CEC), is set to implement an aggressive global expansion strategy with CEC looking to grow its corporate assets ‘beyond gambling’. Last week, Frissora confirmed the appointment of two key executive hires, placing former Hard Rock International VP Marco Roca as new ‘President of Global Development’ and leisure sector M&A veteran Michael Daly as ‘VP …