Tag Archives: new york

Donald R. Sweitzer ends tenure as IGT Chairman of Global Solutions

Updating the market, New York-listed gambling technology and lottery systems provider IGT Plc has confirmed that long-term executive Donald R. Sweitzer is set to retire as Chairman of IGT Global Solutions Corporation. Sweitzer ends a 20-year executive tenure with IGT, in which he has served as a key stakeholder in the gambling technology group’s governmental affairs and multi-national development strategies. …

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Profits soar as bet365 toasts significant growth

Leading online bookmaker bet365 has confirmed significant growth in its full-year accounts  (12-month period to March 2018), recording a 26% increase in betting and gaming revenue to £2.7 billion. The operator continued to benefit from its high-level sportsbook offering, specifically in-play betting which accounted for 77 per cent of its sports betting revenue, as well as this, mobile betting revenue rose …

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bet365 makes its US play through Empire New York alliance

Leading European online bookmaker bet365 has forged its first US-centric sports betting partnership with Nasdaq-listed gambling group Empire Resorts Inc. Issuing a market update, bet365 enters a 20-year agreement with Empire, which will see the online betting group become lead digital and land-based sports betting services provider for the ‘Resorts World Catskills’ casino in upstate New York. At present, Resorts …

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Scout Gaming to provide fantasy sports through UK licence

Scout

12 operators holding existing agreements with Scout Gaming can now introduce its DFS services in the UK market after the company secured a licence to provide its fantasy sports solution. The Group’s CEO Andreas Ternström said that it had refused to shy away from the “toughening regulatory environment trend” by securing the B2B licence from the UK Gambling Commission. It …

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NHL unites with MGM for first betting partnership

The National Hockey League has confirmed its first official betting partnership, announcing  a multi-year deal with MGM Resorts International. The partnership, which was unveiled today by NHL Commissioner Gary Bettman and MGM Resorts Chairman & CEO Jim Murren in New York City, places a key focus on the data produced by both the NHL and MGM. NHL Commissioner Gary Bettman …

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Betting on Sports America hits New York and New Jersey

Betting on Sports America

Betting on Sports America, the new sports betting conference and exhibition from SBC, is so big that it is spanning two states! The conference, which is being held from 23-25 April 2019, will start off in New York City, cross the Hudson River to New Jersey, before returning to Manhattan to round things off. The event will open on Tuesday …

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RotoQL makes its US betting play launching BetQL ‘bookie beater’ app

New York-based sports data and insights provider, RotoQL has launched its first B2C sports mobile analytics app – BetQL, seeking to provide sports fans with the best tool to beat the bookmakers. BetQL has been developed to enable sports fans to ‘discover the best value propositions’ across betting markets. The platform seeks to deliver effective data with optimal market/event insights …

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BetConstruct puts live betting education at the heart of US plans

education

BetConstruct will be using its “huge library of live match betting choices” to educate the US market about why in-play betting has become so popular across the world. The gaming solutions provider will be at this year’s G2E in Las Vegas, the first edition of the event since PASPA repeal opened the doors for online sports wagering in the country. …

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IGT restructures debt capacity with new $750 million secured note

New York-listed industry technology group International Game Technology (IGT Group) has moved to restructure its corporate debt structure, confirming that it has successfully placed a $750 million senior secured debt note due for 2027. The transaction sees IGT governance upsize its original debt note of $500 million, previously announced at the start of the week. Updating investors, IGT governance will …

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AGA warns Schumer that Federal framework will slow down US fight against illegal betting

The governance of the American Gaming Association (AGA) has reiterated its stance against any proposition of the US government developing a federal framework regulating US sports betting. Publishing an ‘open letter’ penned by Vice President of Public Affairs Sara Slane to Senate Minority Leader Chuck Schumer (D-NY), the AGA stands by its previous declarations that US betting regulation should be sustained by …

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