Betway expands cricket sponsorship portfolio with Surrey CCC

Betway branding will now feature on the back of the team’s T20 Blast shirts, as well as on various surfaces inside the team’s Kia Oval home stadium during domestic and international matches at the venue.

The operator already has sponsorship deals in place with a number of cricket properties and organisations including Cricket South Africa and Cricket West Indies, as well as former Surrey star Kevin Pietersen.

“We are extremely happy to be announcing our partnership with the Surrey County Cricket Club; it enforces our continued commitment to cricket,” Betway chief executive Anthony Werkman said.

Kia Oval managing director Charlie Hodgson added: “As we look forward to a hugely exciting season at the Kia Oval we’re very happy to be partnering with Betway, one of the UK’s most exciting and innovative betting companies.”

Betway is set to go public in the near future, with its parent company Super Group having agreed to merge with special purpose acquisition business Sports Entertainment Acquisition Corp in a $4.75bn deal that would see it listed on the New York Stock Exchange.

Caesars and MGM return to full capacity as Las Vegas Covid-19 measures eased

The Nevada Gaming Control Board (NGCB) gave the all-clear to both operators to significantly ease novel coronavirus (Covid-19) restrictions at their casinos in Las Vegas, with the properties now set to return to near-normal operations.

However, the easing of measures will only apply to the casino gaming floor, with all other areas of the properties still subject to 80% occupancy restrictions and three-feet social distancing policies.

Caesars will return to 100% fire code capacity, without social distancing, on the casino floor at Bally’s Las Vegas, Caesars Palace Las Vegas, The Cromwell, Flamingo Las Vegas, Harrah’s Las Vegas, The LINQ Hotel + Experience, Paris Las Vegas, Planet Hollywood Resort & Casino and Rio All-Suite Hotel & Casino.

Staff will still be required to wear masks at all times, while guests will also need to wear a mask unless smoking, eating or drinking. Guests who have been fully vaccinated can remove their masks when seated at any of the resorts’ pool areas.

Read the full story on iGB North America.

BetMGM lands partnership with golf’s LPGA Tour

BetMGM will now feature LPGA odds in its sportsbook betting menu, alongside the men’s PGA Tour and European Tour.

The operator will also have rights to use the LPGA’s official tour partner logo in connection with the advertising and promotion of its sports betting products and services.

Through its partnership with MGM Resorts, BetMGM already has access to existing sponsor relationships with several leading LPGA Tour players including Natalie Gulbis, Danielle Kang, Cristie Kerr, Alison Lee, Anna Nordqvist and Michelle Wie West.

“We look forward to working with the LPGA and engaging with its fanbase through our market-leading products,” BetMGM chief revenue officer Matt Prevost said. “BetMGM’s advanced betting technology provides a user-friendly experience for LPGA fans and a myriad of betting options to choose from.”

Read the full story on iGB North America.

First lessons in slots: Lessons #7 to #9

Lesson #7: Slot developers’ blind spot

I used to work for one of the biggest video slot companies in the world. It began from nothing (of course) and grew into a giant. Its most successful games, historically, were all simple ones – with no great features, nothing complex and nothing fancy. I cannot speak to the situation today, but at the time those were the games that brought in the most money from slots. 

And yet…

Every time we began to start on a new slot, those who were in charge tried to create the shiniest game with the fanciest features. Soon they realized that this was their bias, that they liked new features and shiny games, but that the players preferred the old reliable games. 

After a few months, the one in charge said “Guy, next time, whatever happens, pull me back from doing something fancy.” 

And every time that I would try, the one in charge would pull rank and decide to try to create another new shiny game, that would often not succeed as much. 

The lesson: Shiny and fancy is a trap. It’s not that it can’t work – obviously, it can and has. It’s just that shiny and fancy is the bias of those who create games but are not regular players. 

Something to at least think about.

Lesson #8: The slots UI

So much time is spent by companies about getting the UI of a slot to fit the theme. So many discussions, so much time, and therefore: So much money. 

In the research I’ve done it became clear very early and over the years has proven itself true again and again: The popularity of a slot (its retention and monetisation) does not depend at all on whether the UI is generic or has to do with the theme. 

I’ll say it again because it’s counter-intuitive. The retention and monetisation of a slot does not depend at all on whether there is a generic UI or the UI is based on the theme. Period. 

However, there is a place where it does matter to have a UI based on a theme. When you’re building your brand, if this has anything to do with your brand, with the visual quality of the game, and so on, then it is important. Otherwise: Don’t waste extra time on it.

Lesson #9: Categorising male/female oriented slots

Companies categorise their slots. It’s easy to keep track. Fruit slots, horror themes, classic, under the sea, riches, and so on. 

Two of these categories are sure to anger: Male oriented slots and Female oriented slots. 

These are divided stereotypically: Male oriented slots are usually about weapons, action, violence and cars. Female oriented slots are usually about princesses, mermaids, fairies, and magic. 

It is sad that this stereotype exists, and yet players react really well to both of these. 

But here is the thing to remember. The reason that these slots are popular, is not because only players of that gender play those slots. No. These slots are popular because both genders play these games, both genders can’t get enough of those themes. 

And that is the fact we should not forget.

Guy Hasson worked for Playtech for three years before becoming Playtika’s content manager, responsible for the content of Slotomania and Caesars Casino. He is now a social slot consultant, specialising in game popularity.

FDJ appoints Andy Wright as Sporting Group chief

Sporting Group operates B2C spread betting brand Sporting Index, as well as providing odds, trading, software and risk management services through its B2B operation Sporting Solutions.

Trim is stepping down after 5 years as chief executive, and a total of 23 years at the company, after overseeing the integration of Sporting Group into FDJ Group after its acquisition in June 2019.

Wright will step into the role of chief executive after his most recent position leading Tabcorp’s wagering arm in Australia, having previously worked as group trading director for Ladbrokes’ executive leadership team.

Trim will stay on with the company for several months in the role of special advisor to the CEO, in order to ensure a smooth transition of the company’s leadership, and bring certain growth initiatives further forward, FDJ said.

“I would like to thank Simon Trim for his dedication and stewardship over the years and the achievements of Sporting until today, building strong brands and making an impact on its markets,” said Xavier Etienne, vice president of technology and international at FDJ Group.

“Andy Wright has a unique blend of skills in many relevant areas for Sporting Group and FDJ Group. Along with his operational capabilities and recognized leadership, he is the perfect fit for us to further enhance the execution of our strategy,” Etienne concluded.

Wright added: “I am delighted to join Sporting Group at this exciting period of its evolution. I have admired its excellence of pricing, trading and risk management for many years and how it has leveraged this capability and the Sporting Index brand awareness to expand its B2B operation with Sporting Solutions across the globe.”

Lithuania regulator fines lottery operator over AML failures

The Authority investigated the operator’s activities in 2019 and 2020, identifying a series of failings in the process.

According to the Authority, UAB New Miracle did not properly identify and verify customers prior to entering into business relationships, while the operator also failed to check if there were players that required enhanced identification upon registration.

The Authority also said UAB New Miracle did not have in place an appropriate internal policy and internal control procedures to ensure effective prevention of money laundering and terrorist financing, as required by law in Lithuania.

As a result, the Authority issued a fine of €10,000 (£8,607/$12,092) and ordered UAB New Miracle to make the relevant changes to its operations by 7 June at the latest.

The fine comes after the Authority last month warned unlicensed operators that it could block access to their websites if they continue to offer online gambling in the country without a permit.

Gambling laws in Lithuania permit the Authority to take action against unlicensed operators, including blocking access to their websites in the country. Any blocked operator is also added to the Authority’s blacklist of unlicensed and illegal operators, which is updated regularly on its website.

The only way an operator can be taken off the blacklist is if it secures the relevant licence to offer online gambling in Lithuania.

Svenska Spel CEO backs nationwide system for harmful revenue reporting

The Swedish operator held a digital seminar with industry experts discussing the issue, where Kindred – whose chief executive Henrik Tjärnström also took part – was used as an example of how an operator can openly report its problem gambling revenue.

Kindred revealed in February that 4% of its gross winnings came from high risk players in the last financial quarter.

Hofbauer said: “We think that Kindred’s  initiative is great, as comparability is critical for credibility.”

Hofbauer added that with different possible systems of measurement of what can be considered harmful gambling, a nationwide system would provide more conssitency

“I think we have great conditions to create a common model here in Sweden that could also be used by other countries. The Swedish gaming companies have driven the digital development of the gaming industry. Now maybe we can go to the front here too.”

Tjärnström said his business had been working on publishing the data for some time.

“It has been at the top of our agenda for many years,” Tjärnström said.

“Now we measure more on behavioral science factors than before and with AI and emerging data capacity, we believe that we will be able to work very effectively in this issue.”

Svenska Spel has thus far decided against reporting such figures, choosing to wait until an industry wide method has been put in place.

New Senate bill calls for report into potential Illinois online casino revenue

Senate Resolution 285 would show how much money would have been made had a privilege tax been introduced for online gaming in February 2020.

The report is also urged to include projected revenues with a privilege tax imposed on AGR’s at rates of 12%, 15% and 16%, as well as 20% of any AGR in excess of $25m.

Read the full story on iGB North America.

Indiana betting revenue and handle rocket YoY but down from March

Total adjusted gross revenue (AGR) came to $20.0 for the month, a 23.8% drop from March but a staggering 1187.2% increase from just $1.5m in April 2020.

The state took in a tax amount of $1.9m this month, a rise of $1.7m from April last year but a decrease of $595,789 from March 2021.

Read the full story on iGB North America.

Louisiana House passes betting tax bill, cuts lottery into market

Under House Bill 697, filed by John Stefanski, retail bets at land-based casinos would be taxes at 10%, while online bets would face a higher tax rate of 18%.

The bill also includes a $250,000 application fee for operating licenses, followed by a $500,000 fee on receipt of the license itself. 

Sports betting platform providers would also require their own type of license, which carries a $100,000 application fee and a $250,000 fee upon receipt.

Read the full story on iGB North America