Category: News

Owned and operated by CashMagnet, Mr Gamble has expanded rapidly since its launch in Finland in 2019, followed by its UK launch in 2020.

The Mr Gamble team plan to expand across more US states in the coming months.

Read the full story on iGB North America.

This brings about a wide range of responses from the panel, from discussions on future competition as more state regulate, to expansion into new channels.

Watch parts one and two for the full story.

After the initial flurry of activity, the regulatory panel of Brian Ohorilko, Allen Godfrey, David Rebuck and Susan Hensel is invited to take stock of the first year’s progress, and share what they feel could improve regulations.

Part one in this series is available here, while the third and final part can be found here.

In this first of a three-part series, Brian Ohorilko, Allen Godfrey, David Rebuck and Susan Hensel discuss the growth trajectory since the launch of legal wagering.

Watch part two here.

Now, as Colorado approaches the first anniversary of legal wagering, and in the wake of Michigan’s online rollout, the states’ regulators share their impressions of the early stages of their markets.

Dan Hartman of the Colorado Division of Gaming discusses the challenges of going live at a time when all major leagues were shut down.

Michigan Gaming Control Board executive director Richard Kalm, meanwhile, shares his thoughts on the rapid uptake seen in the first few days of online betting.

In Louisiana, a ballot measure has paved the way for lawmakers to regulate the vertical, while in New York Governor Andrew Cuomo has thrown his support behind online expansion.

This session brings together two figures heavily involved in those processes. New York Senator Joseph Addabbo has been a vocal proponent for a liberal online market, while Louisiana Gaming Control Board chair Mike Noel will be responsible for promulgating rules in that state.

Leigh Day said that Football index customers had been “misled by the platform and failed by the Gambling Commission”, suggesting that either could be the target of any upcoming claim if it is filed in court.

The claim is open to customers of Football Index. According to the operator’s terms and conditions, Football Index account funds were held in a standalone account which is separate from BetIndex’s general accounts. While trust arrangements are in place to offer protection of these funds, the operator said there was “no guarantee that all funds will be repaid in the event of insolvency”.

However, these terms added that the value of player shares purchased are “not stored in any account or otherwise protected as they are sums at risk”.

“Following the suspension of their betting licence, Football Index have suspended the platform leaving individuals unable to withdraw their money,” Leigh Day said. “An administrator has been appointed. We will be investigating whether Football Index was distorting the product they were offering to consumers.”

The group claim is supported by Matt Zarb-Cousin, chief executive of Clean Up Gambling.

“Clean Up Gambling is working with Leigh Day to ensure Football Index users have the best possible chance of getting redress from a company that has consistently misrepresented its product and misled the public regarding its sustainability,” Zarb-Cousin said.

The new location is situated within FanDuel Sportsbook & Horse Racing, formerly known as Fairmount Park Racetrack, and the first wager was placed by baseball hall of famer Ozzie Smith – $20 on the St. Louis Cardinals to win the World Series outright.

“This has been a special project for us because our name isn’t just on the sportsbook, it’s on the track itself,” Keith Wall, FanDuel vice president of retail, said.

Read the full story on iGB North America.

Lowenhar-Fisher will bring more than 18 years of corporate, legal and regulatory compliance experience to her new responsibility of managing Everi’s legal and regulatory compliance affairs.

Prior to her appointment, Lowenhar-Fisher recently served as an equity member in the Las Vegas office of Dickinson Wright PLLC, where she was the chair of the firm’s gaming and hospitality practice group.

Read the full story on iGB North America

Start watching the series now

On(line) today: US Sports Betting

The ICE 365 content series continues with a focus on the US sports betting sector, providing analysis, opinions and insights from key figures across the market.

This features exclusive videos, including the launch of the regulatory round-up series, deep-dive analysis pieces and discussions bringing together a host of industry veterans.

Start watching the US Sports Betting series now.

Series highlights:

WATCH

• DraftKings chief executive Jason Robins discusses the progress of legal sports betting in the US, the operator’s upcoming platform migration, and the role daily fantasy has to play as real-money betting proliferates.
• A panel of industry experts from theScore, Catena Media and Yahoo Sports/Verizon Media talk about the early-stage evolution of sportsbook marketing in the webinar The evolution of US sportsbook marketing.
• The regulatory round-up brings together regulators from across the US to share their perspectives on what works, what needs to be improved, and what needs to happen to ensure their markets can thrive in the long term. The first three-part series incorporates commentary from early adopters Iowa, Mississippi, New Jersey and Pennsylvania.
• The regulatory round-up continues with states that just have launched legal wagering, such as Colorado and Michigan.
• In the last part of the round-up series, we speak to legislators in New York and Louisiana, where expansion efforts are underway.

READ

• The path to profitability series comprises analyses of marketing, product and new verticals to offer insights into how the US market evolves from its current focus on acquisition to a more profitable proposition for operators.

LEARN

• The webinar Canada’s PASPA moment brings together provincial lotteries, operators and legal experts to discuss the country’s progress towards single-event wagering and beyond.
• The role of sports betting in the US land-based market is then discussed in the webinar Sportsbook as an amenity to drive patrons back to the casino. This sees Station Casinos, Delaware North and USBookmaking explain what role betting can play in brick-and-mortar’s post-Covid recovery.
• Esports Entertainment Group CEO Grant Johnson and the Philadelphia Eagles’ Catherine Carlson explain how esports can be leveraged by traditional sports to better engage customers.

Watch the full US Sports Betting series now.

What is the ICE 365 content series?
In-depth analysis, insight and exclusive content

The series is a collection of multimedia content broken into themes that combine elements of iGB’s analysis, data and webinars with Clarion Gaming’s industry connections, events and virtual Ampersand speakeasies.

Running throughout 2021, each series will take a key vertical, topic or subset of the global gaming sector and provide insights across a variety of formats, including:

·       Reports
·       White papers
·       Interviews
·       Exclusive data dashboards
·       Videos & webinars
·       Live discussions
·       Curated networking sessions
·       Pitch ICE

Previous series:

Tech Futures – This features video, insight pieces, features and webinars, all nicely rounded off with our Tech Futures survey & report. 

Upcoming series:

EU Sports Betting series, 29 March

In Europe, a tricky regulatory situation is forcing the industry to innovate to engage and retain customers, while keeping players safe from harm.

Tribal Gaming series, April

The focus then shifts back to the US in April, with an exploration of the tribal gaming market. Native American gaming operations account for around half of all gaming revenue on the continent, and the Tribal Gaming series examines the role of these operators in an evolving and expanding market.