Tag Archives: Rhode Island

Martin Lycka: Supreme Court’s (sports betting) punt return and beyond

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In the second of a series of columns on international gambling legislation, GVC’s Director of Regulatory Affairs Martin Lycka takes a look at the current activity around sports betting in the US and tracks how the industry has arrived there and where it should go next. It is 14 May 14 2018, which may be the US football offseason, yet …

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Power Play! William Hill & IGT partner targeting US lottery betting contracts

William Hill US and International Game Technology (IGT) have confirmed that they have entered a ‘multi-year agreement’, seeking to deliver sports betting provisions to US state licensed lottery incumbents. The alliance sees FTSE250 William Hill partner with IGT the leading technology systems supplier for North American lotteries. Last August, both organisations partnered to provide a ‘full-service sports betting solution’ for …

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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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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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Rhode Island places a ‘high price’ on licensed sports betting

This weekend Rhode Island became the third US state to legislate for sports betting services following May’s Supreme Court repeal of PASPA’s federal mandate. Rhode Island (population 1 million) follows its east coast neighbours of Delaware and New Jersey in moving to allow sports betting services within licensed casino premises. On Friday, state governor Gina Raimondo (D) signed off on …

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IGT appoints Mario Di Loreto as group HR & talent lead

International Game Technology (IGT) has confirmed the appointment of Mario Di Loreto to the new role of Executive Vice President of Human Resources, Organisation & Transformation. The executive appointment will see Di Loreto a report directly to IGT Plc Group CEO Marco Sala. The company detailed that it had hired Di Loreto to oversee group HR leadership and strategy as …

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