North America

North American news

NFL to review DFS investments & interests

SBC News NFL to review DFS investments & interests

  NBC Sports has reported that NFL owners may be forced to withdraw marketing partnerships with DFS operators FanDuel and DraftKings. US media sources have further detailed that ownership and team interests in DFS operators will become a key agenda at the upcoming NFL franchise owners meeting scheduled for 2 December. The NFL, a long term opponent of US sports …

Read More »

Scientific Games hunts for new CFO as Scott D Schweinfurth retires

SBC News Scientific Games hunts for new CFO as Scott D Schweinfurth retires

Gambling technology provider Scientific Games is on the lookout for a new CFO, following the announcement that Scott D Schweinfurth will retire  as Executive Vice President, Company Secretary and Chief Financial Officer. Updating company stakeholders, Scientific Games governance informed that it had appointed executive search firm Egen Zehnder to lead the appointment for Schweinfurth successor. The Company plans to consider both …

Read More »

Ultimate Underdog! Holly Holm’s shock UFC 193 victory KOs Vegas bookmakers

SBC News Ultimate Underdog! Holly Holm’s shock UFC 193 victory KOs Vegas bookmakers

Las Vegas bookmakers were left bruised and battered by Holly Holm’s shock knockout victory of Ronda Rousey in Saturday’s UFC 193 main event. Holm’s a former boxer turned MMA fighter had been given 10/1 odds of defeating Ronda Rousey the acclaimed ‘Queen of UFC’ fighting. Rousey’s reign as UFC female bantamweight champion was so dominant that she had never been …

Read More »

Concerns arise as 500.com reports consecutive quarter with no revenues & earnings

SBC News Concerns arise as 500.com reports consecutive quarter with no revenues & earnings

Investor concerns continue to mount for troubled New York listed Chinese lottery operator 500.com, following the announcement of a further quarter with no revenues and earnings for Q3 2015. The Shenzhen based lottery operator posted its second earnings results, since the temporary sales suspension of provincial lottery services by China’s Ministry of Finance, which was imposed in February. Due to …

Read More »

FanDuel & DraftKings to challenge New York AG cease & desist orders

SBC News FanDuel & DraftKings to challenge New York AG cease & desist orders

US DFS market leaders FanDuel and DraftKings are reported to be reviewing their legal options with regards to this week’s issuing of a ‘cease & desist’ orders by New York Attorney General Eric T Schneiderman. Following its one month investigation into DFS services provided by FanDuel and DraftKings, the New York AG has concluded that DFS contests and competitions can …

Read More »

IGT notes ‘resilient profitability’ as company posts 21% Q3 earnings increase

IGT sheds Italian weight offloading Lottomatica B2C units to Gamenet SPA

IGT Plc governance stated that it was pleased with corporate performance, as it reported $414 million (£270 million) adjusted EBITDA earnings for its Q3 2015 results (period ending 30 September). The earnings results represent a 21% increase on Q3 2014’s $342 million EBITDA. IGT’s performance was driven by a 30% increase in revenues to $1,25 billion for the period (Q3 …

Read More »

Amaya Inc – David Baazov confirms BetStars brand

SBC News Amaya Inc - David Baazov confirms BetStars brand

David Baazov CEO of Amaya Inc has confirmed that subsidiary PokerStars will launch a sports betting product under the brand BetStars.com The confirmation by Baazov follows last weekend’s speculation that Amaya Inc were preparing to launch a sports betting focused product, having acquired multiple domain names connected to the brand term BetStars.com. Presenting Q3 2015 performance figures, Baazov detailed that …

Read More »

GAN appoints Michael Daly as North America Systems VP

SBC News GAN appoints Michael Daly as North America Systems VP

Digital gaming content and systems provider GAN (formerly known as Game Account Network) has announced the appointment of Michael Daly as its Vice President of Systems for North America.   Daly joins GAN, having served as CEO of Nevada based Automated Cash Systems (2014-2015). Daly has prior experience in the gambling industry having served in numerous senior management roles from …

Read More »

Penn National gains digital inventory with Sportech Digital

SBC News Penn National gains digital inventory with Sportech Digital

US racing operator Penn National Gaming has announced that it has partnered with Sportech Racing Digital to deliver its digital and mobile betting solutions for its pari-mutuel betting inventory. Sportech Digital is set to provide Penn National with digital provisions using its G4 betting framework and Digital Link app for mobile betting. The partnership will see Sportech further provide support services …

Read More »

FanDuel hits back after being told to ‘cease & desist’ in New York State

SBC News FanDuel hits back after being told to 'cease & desist' in New York State

DraftKings and FanDuel have been dealt another regulatory blow in the US after New York Attorney General Eric Schneiderman sent the two Daily Fantasy Sports (DFS) operators cease-and-desist letters demanding that they stop ‘illegally accepting wagers in New York State’. Schneiderman’s actions come after his office conducted a one-month investigation into DFS which concluded that the daily contests are essentially …

Read More »