Month: July 2022

The B2B remote gambling software licence and remote betting host real events licence will allow Delasport to provide approved operators in Britain with access to its sportsbook and services.

Delasport’s iFrame and sportsbook offering, includes betting coverage of over 125 sports, 100,000 pre-match events, and 70,000 monthly live events across more than 3,000 markets, as well as personalisation tools such as geolocation content, favourites and personal trader.

The British launch marks Delasport’s seventh market entry in the past six month, with the provider having also gone live in the Netherlands, Sweden, Malta and Denmark this year, as well as securing approval in both Mexico and Germany.

“Entering the British market is the latest in a line of significant victories for our global expansion,” Delasport chief executive Oren Cohen Shwartz said. “We have worked very hard to be able to participate in Europe’s most popular igaming industry, and we look forward to developing further in it. 

“We are also eager to collaborate with both new and current partners to present our extensive portfolio to UK gamers who want the best.

“By using innovation to push the envelope, we can maximise the player experience through personalisation, content localisation, and unique betting. 

“Additionally, we spice up the player experience even more with a robust suite of cross-product player engagement tools including tournaments, missions, levels, badges, spin-to-win, and more. It’s time to grow.”

In his new role, McGough will assume responsibility for both developing and implementing the group’s overall investor relations program, as well as communicating its vision and value to shareholders and the financial community. 

McGough, who officially joined the group on 1 July, most recently served in an institutional sales role at Viridian Capital Advisors.

Prior to this, he led the North American corporate access team at Credit Suisse and also the sector specialist sales team at JP Morgan. 

“The team, the culture and the market opportunity the company offers is unmatched,” McGough said. “I look forward to leveraging my background in capital markets and investor engagement to rapidly accelerate the investment community’s appreciation of the talent within Gambling.com Group and the growth opportunity in front of this organisation.”

Gambling.com Group chief executive Charles Gillespie added: “Pete brings a wealth of experience and a fantastic network from his decades of experience in the New York finance community. 

“Having such a talented individual working inside the business, full-time and at the VP level will ensure we deliver a best-in-class investor relations program.”

The appointment comes after Gambling.com Group last week also added Michael Quartieri to its board of directors. Quartieri will now work as a member of the audit committee and the nominating and governance committee.

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Go-live date (expected):20/07/2022Number of paylines:Scatter PaysNumber of reels:6RTP% (recorded/theoretical):94.80%Variance/volatility:HighNumber of symbols to trigger feature/bonus?N/ACan feature be retriggered?N/ANumber of free spins awarded?N/AStacked or expanding wilds in normal play?N/AStacked or expanding wilds in feature play?N/ANumber of jackpot tiers:5Auto-play function?Yes

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Go-live date (expected):27/07/2022Game special features:Bonus UpNumber of paylines:1,024Number of reels:5RTP% (recorded/theoretical):96.50%Variance/volatility:HighNumber of symbols to trigger feature/bonus?3Can feature be retriggered?YesNumber of free spins awarded?0Stacked or expanding wilds in normal play?Single wildStacked or expanding wilds in feature play?Single wildNumber of jackpot tiers:0Auto-play function?Yes

The KSA said it had received complaints from customers, who said they had been experiencing issues with Unibet’s bonuses.

The regulator added that it had been in contact with Unibet, which acknowledged the issues and is “working to resolve them”.

Unibet’s parent company, Kindred, received a licence to operate in the country in June, and officially launched yesterday after a nine-month absence.

Customers were directed to Unibet’s help centre on unibet.nl for further information on how these complaints are handled.

This is one of a number of recent developments in the Netherlands gaming market. Yesterday, the Dutch government announced a ban on all broadcast gambling advertisements from 1 January 2023.

Also yesterday, the KSA threatened operator Gammix with a fine of €1.4m (£1.1m/$1.4m) per week if it did not stop illegally offering games in the Netherlands.

Gammix – based in Malta – does not have a licence to operate in the country.

The business will offer €400m worth of notes with an aggregate principal of 7.558%, due in 2027 plus €300m at a floating interest rate, due in 2028.

These notes form part of a wider financing plan as part of the operator’s recent £1.95bn acquisition of William Hill’s non-US business, also including revolving credit facilities and bonds.

These bonds, though, were subject to some uncertainty. 888 had issued the bonds underwritten by banking giants JPMorgan and Morgan Stanley. These banks then intended to sell the bonds onward to investors, but allegedly found little appetite amid ongoing uncertainty related to the Gambling Act review, which is set to have a very large impact on 888 due to its large exposure to Great Britain.

A white paper, a key next stage of the review, was expected to be completed last week, but changes in government have pushed it back further.

888 said the €700m would be used to repay “amounts outstanding under certain acquisition financing arrangements entered into to purchase” the William Hill business, as well as to repay some of William Hill’s own debts.

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Go-live date (expected):28/07/2022Number of paylines:20Number of reels:5RTP% (recorded/theoretical):96.00%Variance/volatility:Medium-highNumber of symbols to trigger feature/bonus?N/ACan feature be retriggered?N/ANumber of free spins awarded?N/AStacked or expanding wilds in normal play?N/AStacked or expanding wilds in feature play?N/ANumber of jackpot tiers:0Auto-play function?Yes

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Go Live Date (expected):21/07/2022Game special features:– Luxpots Ladder
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The game features a hardened gang of criminals as they attempt to rob “The Gemstone Gallery” and get away with as much swag as possible before they trip the alarms and alert the police. The game pays homage to the classic UK retail Cops and Robbers games but will bring the visuals and reel into the modern era. 6 or more SWAG bags on the reels with trigger the Hold and Win bonus. Land one of our three robbers will collect all of the SWAG on the reels and continue the bonus.

Go Live Date (expected):20/07/2022Game special features:– Hold and WinNumber of paylines:20Number of reels:5RTP% (recorded/theoretical):94% – 96.02%Variance/volatility:Medium-HighNumber of symbols to trigger feature/bonus?:3Can feature be retriggered?:NoNumber of free spins awarded?:6Stacked or expanding wilds in normal play?:Single WildStacked or expanding wilds in feature play?:Single WildNumber of jackpot tiers?:0Auto-play function?:Yes

The team becomes the fifth business – but the first professional sports team – to apply for an Ohio operator licence. It is the fourth to apply for approval as a type-A sports gaming proprietor – which would allow it to offer an online product – following Jack Cleveland Casino, Thistledown Racino and Hall of Fame Village.

Those other three business all also applied for a type-B licence, which would also allow for operation of a retail betting facility.

Elys Technology, meanwhile, has applied for a type-C licence, allowing for operation of sports betting at a licensed bar.

Read the full story on iGB North America