Tag Archives: New Jersey

William Hill notes ‘solid progress’ despite booking + £900 million FOBTs adjustment

SBC News William Hill notes 'solid progress' despite booking + £900 million FOBTs adjustment

FTSE bookmaker William Hill will settle exceptional charges and adjustments of £916 million, including a ‘£882 million non-cash impairment’ for its Retail division, as governance adjusts to the UK government’s Triennial Judgement reducing wagers on FOBTs machines to £2. Publishing its half-year 2018 results (26 weeks ending 27 June), William Hill governance has pre-booked corporate losses of £916 million, which …

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DraftKings soft launches NJ mobile sportsbook product

SBC News DraftKings soft launches NJ mobile sportsbook product

Accelerating its US sports betting proposition, DraftKings has launched its New Jersey mobile app, bringing digital wagering to the Garden State. The fantasy sports operator has soft-launched its ‘DraftKings Sportsbook’ app, syndicated through its New Jersey licensing agreement with Resorts Casino () and developed in partnership with betting technology group Kambi Plc. The initial launch sees DraftKings operate an ‘invite …

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Scientific Games secures Caesars NJ & MS sportsbook contracts

SBC News Scientific Games secures Caesars NJ & MS sportsbook contracts

Nasdaq-listed industry technology group, Scientific Games Corporation (SGC) has confirmed that it will act as lead sportsbook provider for Caesars Entertainment properties in the states of New Jersey and Mississippi. The partnership will SGC launch its OpenBet sports betting systems across Caesars’ Atlantic City, Gulf Coast, and Tunica properties in July and August of 2018. SGC governance informs investors that …

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Kambi hails World Cup and SCOTUS in latest interim report

SBC News Kambi hails World Cup and SCOTUS in latest interim report

Sports betting technology and software supplier Kambi Group Plc has reported a strong financial performance in the group’s Q2 2018 interim report. Year-on-year revenues have shown a 25 per cent growth for the second quarter of 2018, reaching €17.6m (15.65m) from the previous years €14.1m (£12.54m), aiding a 20 per cent H1 jump from €28.3m (£25.1m) to €34m (£30.2m). Addressing …

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SBTech in further US growth following Golden Nugget agreement

Copyright: jkraft5 / 123RF Stock Photo

SBTech has announced the latest stage of its expansion strategies within the US, after signing a “landmark” partnership with US casino giant Golden Nugget Casinos. Confirmed as the omni-channel sports betting supplier to Golden Nugget, the deal covers its operations in Biloxi, Mississippi and Atlantic City, New Jersey, where it is “the No.1 online casino operator by market share”. Regarding …

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FanDuel seeks to become NJ leader with IGT sports betting systems

SBC News FanDuel seeks to become NJ leader with IGT sports betting systems

The newly formed FanDuel Group (Betfair US + FanDuel) has confirmed that it will utilise IGT Group systems as its lead sports betting technology provider for the regulated state of New Jersey. FanDuel Group, the strategic US subsidiary of FTSE100 betting firm Paddy Power Betfair (PPB) has chosen IGT as its lead sports betting platform supplier, servicing its New Jersey …

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Resorts Casino NJ selects SBTech for rapid betting systems deployment

SBC News Resorts Casino NJ selects SBTech for rapid betting systems deployment

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 …

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GiG to launch Hard Rock venture securing DGE platform approval

SBC News GiG to launch Hard Rock venture securing DGE platform approval

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 …

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Chris Murphy: Americas Outlook – Frantic first steps for those early US betting adopters

SBC News Chris Murphy: Americas Outlook - Frantic first steps for those early US betting adopters

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 …

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DraftKings appoints Kambi as US sportsbook lead

SBC News DraftKings appoints Kambi as US sportsbook lead

Stockholm-listed sports betting technology and software supplier Kambi Group Plc continues its strong US commercial momentum confirming that it has secured a multi-year services agreement with leading US fantasy sports operator DraftKings. Issuing a short statement, Kambi governance confirms that DraftKings has selected its technology platform as the lead system for its upcoming US sports betting market expansion. “The agreement, …

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