The Circus of Horror is coming to ICE London 2019!

first_img The Circus of Horror is coming to ICE London 2019! Email Address AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Casino & games Gameart is excited to announce it will be showcasing the brand new slot game at this year’s ICE London event. The very first slot to feature our immersive new player interface, take your seat in the blood-soaked big top of terror and bear witness to a macabre spectacle of surprises in this medium volatility, 243-payline, 5-reel freakishly featured-packed extravaganza. 29th January 2019 | By Aaron Noy Topics: Casino & games Slots Gameart is excited to announce it will be showcasing the brand new slot game at this year’s ICE London event. The very first slot to feature our immersive new player interface, take your seat in the blood-soaked big top of terror and bear witness to a macabre spectacle of surprises in this medium volatility, 243-payline, 5-reel freakishly featured-packed extravaganza. Gaming operators in attendance seeking to find out more should look to schedule a meeting with the GameArt team in London or simply drop by the stand N9-130 for a chat. Book a meeting with our sales team on the following link: http://gameart.net/book-a-meeting/ Subscribe to the iGaming newsletterlast_img read more

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EFL fans back gambling sponsorship in football

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter EFL fans back gambling sponsorship in football Email Address 12th July 2019 | By contenteditor Marketing & affiliates Gambling sponsorship is acceptable in football if it is accompanied by safeguards to protect younger people and problem gamblers, according to a new survey of fans of English Football League clubs.center_img Topics: Marketing & affiliates Sports betting Subscribe to the iGaming newsletter Gambling sponsorship is acceptable in football if it is accompanied by safeguards to protect younger people and problem gamblers, according to a new survey of fans of English Football League (EFL) clubs.The EFL Supporters Survey 2019 featured the responses of almost 28,000 fans of 72 clubs across the EFL, which comprises the three leagues immediately below the top-tier Premier League.Of those fans that responded, 71% of fans accept sponsorship in the EFL, with 62% backing such deals if those involved also run initiatives to protect young people and those suffering with gambling-related problems, while 9% believe it is acceptable in all circumstances,However, a quarter of fans said that gambling sponsorship is not acceptable at all in the EFL, with 5% unsure over the matter. The EFL noted that the majority of fans opposed to gambling sponsorship were aged 65 and over.Sky Bet has served as title sponsor of the EFL’s Championship, League One and League Two since the 2013-14 season and in November 2017 extended the deal by five years, through to the end of the 2023-24 campaign.In May of last year, Sky Bet and the EFL launched a new responsible gambling campaign, with the two parties delivering training to players and staff at all 72 EFL clubs. During the 2018-19 season, the training focused on the potential risks associated with gambling, as well as the rules regarding betting integrity and how to look out for signs of potential harm in their teammates.However, despite the EFL having strong links with Sky Bet and many of its clubs in partnership with gambling operators, there is a relatively even split in terms of the amount of fans that partake in online betting activities.Of those that responded to the survey, 54% of fans had not placed a bet online in the past 12 months, while 3% only bet once in the past year and 7% a few times a year.Just 10% of supporters bet more than once a week, while 13% bet once a week and 5% each for once a fortnight and once a month. Some 4% of fans bet once every few months.Analysing the results of the survey, the EFL said it is clear supporters expect both the EFL and its clubs to uphold the integrity of the game when working with gambling operators.“Whether related to developing young players or gambling and sponsorship deals, supporters appear to want the relevant football authorities to provide ethical leadership while increasing sustainability across the game,” the EFL said.“The survey suggests the EFL is broadly focusing on the right areas – sustainability, financial stability, accessibility and enjoyment for fans – but there seems to be a desire for more investment in young, home grown players.“As a result, youth development remains one of the key strategic aims of the EFL.”Image: Steve Daniels Regions: UK & Irelandlast_img read more

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Cirsa wins Spanish approval for Sportium acquisition

first_img Subscribe to the iGaming newsletter AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Gambling operator Cirsa has secured approval from the Comisión Nacional de los Mercados y la Competencia (CNMC), Spain’s competitions and markets authority, to finalise the acquisition of GVC Holdings’ stake in its Sportium joint venture. Tags: OTB and Betting Shops Topics: Legal & compliance 7th October 2019 | By contenteditor Gambling operator Cirsa has secured approval from the Comisión Nacional de los Mercados y la Competencia (CNMC), Spain’s competitions and markets authority, to finalise the acquisition of GVC Holdings’ stake in its Sportium joint venture.In July of this year, Cirsa brokered a deal to purchase GVC’s 50% stake for €70m (£62.5m/$77.0m) and assume control of Sportium, which it had been running in partnership with Ladbrokes.The deal was subject to approval from CNMC and the regulatory body has now given the Cirsa to proceed with the transaction.The sale confirms GVC’s exit from the Spanish retail betting market, although it will retain links with Sportium by serving as a B2B supplier to the business after the transaction. It is also active in Spain’s igaming market via its bwin brand.Sportium, which mainly focuses on the Spanish retail betting market, contributed £2.5m to GVC’s proforma operating profit for the 12 months to December 31, 2018. GVC obtained the interest in Sportium when it acquired Ladbrokes Coral in March 2018. Cirsa agreed the acquisition deal just weeks after reporting a net loss of €5.6m in the first quarter of 2019, despite Spanish operations and Latin American casinos helping drive revenue up.Operating revenue amounted to €443.0m, up from €417.2m in the same period last year, while net operating revenue, after rent increases on properties was up 8.5% from €349.3m to €379m.However, earnings before interest and tax slipped from €41.4m to €38.2m, while profit before income tax slumped from €22.9m to €4.9m. Income tax was lower at €6.2m, but profit after tax from continuing operations fell to a loss of €1.3m. Legal & compliance Regions: Europe Southern Europe Spain Cirsa wins Spanish approval for Sportium acquisition Email Addresslast_img read more

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Scout generates SEK36m through directed share issues

first_img Topics: Finance Sports betting Strategy DFS Tags: Fantasy Sports Scout generates SEK36m through directed share issues AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter DFScenter_img Email Address Fantasy sports software provider Scout Gaming Group has raised approximately SEK36m (£2.9m/€3.4m/$3.8m) through two directed share issues. 22nd January 2020 | By contenteditor Fantasy sports software provider Scout Gaming Group has raised approximately SEK36m (£2.9m/€3.4m/$3.8m) through two directed share issues.Existing shareholder Tekkorp Holding was issued 1,330,362 shares through an accelerated book building procedure and directed share issue, while institutional investor Topline Capital Partners was issued approximately 1,638,750 shares.Scout received SEK16m before transaction costs from the Tekkorp issue, as well as SEK20m before transaction costs for the Topline share issue.The subscription price was set at SEK12 per share, with the issue directed at both Swedish and international institutional investors.Shares will now be transferred to new and existing shareholders, with the likes of Provobis and Knutsson Holding among the existing shareholders. In addition, Baltic-facing gaming operator Enlabs subscribed through a subsidiary.After the registration of the share issue and the directed share issue, the total number of shares in Scout amounts to 17,502,567 shares, with the two issues equating to dilution of approximately 17% of the number of shares in Scout.“Scout Gaming is undergoing an intensive launch phase where we accelerated our growth during the second half of 2019,” Scout’s chief executive Andreas Ternström said. “We have been approached by strategic investors who are important to the company and are pleased to be able to execute this transaction.“With the transactions, we have financial flexibility and room for strong growth over the next years.”Robert Andersson, chief executive of Enlabs, which now holds 4.5% of the total shares in Scout, added: “We see great development opportunities for Scout’s products in the fast-growing fantasy sport segment. Scout is the only B2B supplier with a global customer base and we strongly believe in a future breakthrough for both the company and the products Scout delivers to the market.“Through participation in the issue, we also create opportunities for closer commercial cooperation between the companies, on these grounds we participate in today’s issue.”In November, Scout reported a 127.5% year-on-year increase in third quarter revenue and revealed it was able to significantly reduce its net loss for the period.Revenue for the three months to 30 September grew to SEK8.2m, while its net loss for the quarter stood at SEK9.5m, an improvement on the SEK11.9m loss reported for the prior year.last_img read more

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Stars Group ahead of expectations as revenue rises in Q1

first_img Subscribe to the iGaming newsletter Casino & games Email Address Tags: Card Rooms and Poker Online Gambling The Stars Group has revealed that it has performed ahead of expectations so far in the current quarter, but warned that the outbreak of novel coronavirus (Covid-19) could have a material impact on sports betting revenue in the near term. Topics: Casino & games Finance Sports betting Pokercenter_img AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 16th March 2020 | By contenteditor The Stars Group has revealed that it has performed ahead of expectations so far in the current quarter, but warned that the outbreak of novel coronavirus (Covid-19) could have a material impact on sports betting revenue in the near term.The operator said it saw continued strong underlying momentum within its UK-facing Sky Betting & Gaming division, due in part to favourable sporting results, while its BetEasy business in Australia also experienced growth.The PokerStars owner also saw sequential improvement within its international segment from the fourth quarter of 2019, with revenue ahead of the previous year on a constant currency basis.“Overall, we are so far performing ahead of our expectations and currently expect to see strong year over year growth in revenues for the first quarter,” Stars’ chief executive Rafi Ashkenazi said.In terms of how the global novel coronavirus pandemic will affect business, Stars said it is difficult to predict how much of an impact the sports postponements and cancellations will have on sports betting revenue.However, the operator noted that 62% of overall revenue was generated from poker and gaming in 2019, and, as such, Ashkenazi said Stars remains confident of long-term revenue growth.“We are closely monitoring the continued impact of the coronavirus, and the health and safety of our employees and customers remains our top priority, as we implement our business continuity plans and continue to observe and comply with local mandates and guidelines across our global offices,” Ashkenazi said.“Our employees are working remotely to ensure that our customers can continue to enjoy our products, and while we currently still offer a broad range of betting options for our customers, any sustained outbreak resulting in the further postponement or cancellation of major sporting events could have a material impact on our sports betting revenue in the near term.”Ashkenazi added: “We therefore remain confident in our ability to continue driving revenue growth in the years ahead, despite the inevitable disruption in the sports industry during 2020.”Last month, Stars – which is in the process of merging with Flutter Entertainment – revealed a 24.6% year-on-year increase in revenue and 17.9% rise in adjusted EBITDA for 2019, as it reaped the benefits of the acquisitions of Sky Betting & Gaming and BetEasy.Total revenue for the Toronto-headquartered group was up year-on-year to $2.53bn (£2.05bn/€2.26bn) from $2.03bn. This was aided by a 140.2% increase in UK revenue to $946.7m, following the Sky Betting & Gaming acquisition in July 2018.Flutter, meanwhile, revealed earlier today that earnings before interest, tax, depreciation and amortisation face a hit of up to $110m in 2020, from the suspension of major sporting events in the wake of Covid-19. Stars Group ahead of expectations as revenue rises in Q1last_img read more

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Lower Saxony bans payment service provider over gambling activity

first_img Lower Saxony bans payment service provider over gambling activity 28th April 2020 | By contenteditor Legal & compliance Regions: Europe Central and Eastern Europe Germany The German state of Lower Saxony (Niedersachsen) has issued a prohibition order to a payment service provider after ruling it processed transactions in connection with illegal online gambling activities in the country. The German state of Lower Saxony (Niedersachsen) has issued a prohibition order to a payment service provider after ruling it processed transactions in connection with illegal online gambling activities in the country.Lower Saxony’s Ministry of the Interior and Sports did not disclose the identity of the provider, but did confirm that the banning order applies nationwide in Germany.Online gambling is not currently legal in Germany, as set out in the third State Treaty on Gambling, with the exception of state lottery products, sports betting and – due to a special state law – in Schleswig-Holstein.As such, payment service providers are legally obliged to refrain from making payments in connection with unauthorised gambling. Should they fail to comply with these regulations, they risk being banned from operating in Germany.The Lower Saxony Ministry of the Interior and Sport, as the responsible gaming supervisory authority in Germany, is centrally responsible for enforcing such bans for the whole of the country, as set out in the Treaty.“Payment service providers must meet their legal obligations and stop payments related to illegal gambling,” Lower Saxony’s Minister of the Interior and Sports, Boris Pistorius, said. “How you go about it is up to you. The successful measures taken by individual payment service providers show that an effective approach is possible and has an impact in the industry.“We expect companies in the financial sector to live up to their responsibilities and to critically review and, if necessary, immediately stop working with companies that practice illegal gambling. They are legally obliged to refrain from making payments in connection with illegal gambling – if they do not, we will take action.”The ruling comes after Pistorius in February sent a letter to the German banking industry warning banks against processing payments for unlicenced gambling websites and saying further payment blocking orders may come soon. The Ministry has now repeated this, saying more prohibition orders are in the works.In June 2019, the Ministry issued its first payment blocking order to an unnamed payment provider, widely reported to be PayPal. Subscribe to the iGaming newsletter AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Tags: Online Gambling Payments Topics: Legal & compliance Email Addresslast_img read more

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FanDuel becomes official PGA Tour betting operator

first_img Subscribe to the iGaming newsletter FanDuel becomes official PGA Tour betting operator Topics: Sports betting US-based fantasy and sports betting operator FanDuel has signed a multi-year content and marketing agreement with the PGA Tour, with a view to expanding upon the increased betting momentum on professional golf markets seen in 2020.Golf represented the highest single event handle on FanDuel Sportsbook on nine of the last 12 Sundays, with the operator’s total golf handle for 2020 already surpassing amounts wagered on the sport in 2019.By joining PGA’s official betting operator program, FanDuel will receive rights to use PGA Tour marks, advertise within Tour media and partner platforms, as well as receiving content and video rights to create pre-game and post-game betting programming. The operator will also gain permission for the distribution of tour highlights to users who have placed bets.In addition, the PGA Tour and FanDuel will collaborate to deliver odds-based content to fans via platforms such as pgatour.com and the PGA Tour app.Read the full story on iGB North America. 1st September 2020 | By Conor Mulheir US-based fantasy and sports betting operator FanDuel has signed a multi-year content and marketing agreement with the PGA Tour, with a view to expanding upon the increased betting momentum on professional golf markets seen in 2020.center_img AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Regions: US Sports betting Email Addresslast_img read more

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RI sports betting revenue rises in July

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Finance The Rhode Island Lottery saw sports betting revenue grow in July, as the state’s market continued to recover from the novel coronavirus (Covid-19) shutdown.Revenue amounted to $351,425, which represented a 246.8% rise on $101,328 in June, but also a 57.5% drop on $821,579 reported in July last year.Player spending was also up 236.9% month-on-month to $6.7m, but this was less than half the $14.7m wagered by consumers in July 2019.Mobile remained the main source of income for licensed operators, with revenue during the month reaching $407,471, after consumers wagered a total of $4.4m.In terms of land-based activities, retail sports betting generated an overall loss of $56,046, which pushed the overall revenue figure down. Players spent $2.3m at retail sportsbooks during the month.Read the full story on iGB North America. Email Address The Rhode Island Lottery saw sports betting revenue grow in July, as the state’s market continued to recover from the novel coronavirus (Covid-19) shutdown. RI sports betting revenue rises in Julycenter_img Topics: Finance Sports betting Subscribe to the iGaming newsletter Regions: US Rhode Island 1st September 2020 | By contenteditorlast_img read more

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Sportech pens extension with Danske Spil

first_img“The recently completed integration to allow horse racing to be offered via a large number of Danske Spil lottery outlets is one example of these solutions. Subscribe to the iGaming newsletter Topics: Sports betting Tech & innovation Product & technology Regions: Denmark AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter “The team at Sportech have been responsive to the needs of Danske Spil as we pursue our growth and sustainability objectives, and their technology solutions provide a strong platform upon which to expand our delivery of pools betting on horseracing in Denmark,” Danske Spil chief executive Niels Erik Folmann said. Under the deal, Sportech will supply Danske Spil with its Quantum System Tote pari-mutuel betting solution. The extension comes after Sportech Racing and Digital in November completed the integration of its Quantum pari-mutuel betting solution with Danske Spil’s network of gaming terminals. Tags: Sportech Danske Spil Sportech’s senior vice president of sales and business development in EMEA, Bruno Gay, added: “We have worked for many years to deliver Tote solutions that help Danske Spil achieve their objectives. Email Address Sportech’s Racing and Digital division has signed a multi-year extension to its technology licensing and services agreement with Danish operator Danske Spil. “We look forward to pursuing new avenues of growth with Danske Spil well into the future.” Product & technology The agreement will also see Sportech provide its enhanced operational tools including its consolidated interface for data and wagering, as well as upgrade Danske Spil to the latest generation of its online pools betting platform. Sportech pens extension with Danske Spil 20th January 2021 | By Robert Fletcherlast_img read more

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GambleAware launches first women-focused national campaign

first_imgThe launch of the new campaign comes after GambleAware last week partnered with research organisation Expert Link on a initiative to co-design and deliver a nationwide network of people with lived experience of gambling harms. British gambling charity GambleAware has announced the launch of its first National Gambling Treatment Service campaign focused on women. Regions: UK & Ireland GambleAware said it developed the campaign in response to recent research on women and gambling harms, with a YouGov report backed by the charity finding that 10% of women in Great Britain experience some level of gambling harm. Responsible gambling Running until the end of March, the campaign will promote treatment and support for gambling harm, drive awareness of support and signpost women to the National Gambling Treatment Service. Expert Link will design an independent network that will operate across Britain and be representative of the entire British community, focusing on equality, diversity and inclusion. 15th February 2021 | By Robert Fletcher “Following the success of the previous campaign, we are continuing with our targeted approach to make sure women are not overlooked in the drive to raise awareness of gambling treatment and support,” GambleAware communications and engagement director Zoë Osmond said. “These findings highlight an increase in women suffering from gambling harm, and we hope this campaign will help to signpost those experiencing harms to the help that is available.” Topics: Social responsibility Responsible gambling The campaign will run across radio, magazines and in digital media, and target women aged between 18 and 54. GambleAware launches first women-focused national campaign Tags: GambleAware Women AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Email Addresslast_img read more

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