Tag Archives: PASPA

Kambi unites with DraftKings to create US sports betting history

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In a historic move, following the launch of the Kambi-powered DraftKings Sportsbook, New Jersey punters have for the first time, been able to place online wagers in the post-PASPA U.S. market. Yesterday’s ground-breaking launch comes after Kambi and DraftKings, along with DraftKings’ land-based licensing partner Resorts Casino, were approved for an online sports betting Transactional Waiver from the New Jersey Division of …

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GVC Holdings to unveil ‘MGM Masterstroke’ next week

SBC News GVC Holdings to unveil 'MGM Masterstroke' next week

Sky News has this morning reported that FTSE-listed gambling group GVC Holdings is set to unveil it’s $/£ multi-million US strategic partnership with MGM Resorts International next week. According to city insiders, GVC governance is finalising plans on a long-term 50-50 joint venture with MGM Resorts, considered the US’ largest casino operator. Both parties will commit an initial $100 million …

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NCAA sets up integrity panel to asses impact of betting post PASPA

SBC News NCAA sets up integrity panel to asses impact of betting post PASPA

Seeking to maintain the integrity of its amateur competitions and further protect its competing athletes, the National Collegiate Athletic Association (NCAA) will launch a study into US sports betting post-PASPA. The governing body of US college sports will develop an advisory panel of experts examining the effects of betting throughout US sports value chain, focusing on ‘how best to protect …

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SBTech in further US growth following Golden Nugget agreement

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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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Sportradar and AmTote agree sports betting data deal

SBC News Sportradar and AmTote agree sports betting data deal

US bet-processing firm AmTote has landed a deal with sports data provider Sportradar, giving its customers the ability to offer fixed-odds sports betting. The deal between the two firms has emerged on the back of the repeal of PASPA, and will see Sportradar provide the Maryland-headquartered firm with sports betting data and “managed trading services”. Sportradar’s solution will allow The …

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Betting on Sports 2018 “a unique opportunity” for the PGA TOUR

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The changing landscape of sports betting across the USA has been long debated by many quarters, since that monumental day on May 14, when the US Supreme Court found in favour of New Jersey and repealed the Professional and Amateur Sports Protection Act (PASPA). As the writing, debate and speculation continues, acquisitions are made and new relationships formed, while the …

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Alex Capurro: Easy Payment Gateway – Revising alternative payment options for US conundrums

SBC News Alex Capurro: Easy Payment Gateway - Revising alternative payment options for US conundrums

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. …

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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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DraftKings seeks + $150m funding round to drive new betting vision

SBC News DraftKings seeks + $150m funding round to drive new betting vision

US news source Axios has reported that DFS operator DraftKings targets a further $150-200 million funding round, seeking to accelerate its US sports betting proposition. The news of DraftKings’ planned funding round, comes as the Boston-based enterprise, today confirms that it has officially filed its application for a New Jersey state sports betting license. Furthermore, this June saw DraftKings announce …

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