Category: News

Facilitated by the SCCG Management consultancy, the deal includes a number of digital and stadium assets at the team’s Coors Field home ballpark, with Betfred USA Sports to become a partner of the Rockies.

Betfred USA Sports and the team will offer a range of game-day experiences for fans, including ticket giveaways, game suites and in-game contests.

“Sports betting has seen incredible growth across the country recently and we are always looking for new and exciting ways to engage with not only our fans but all sports fans throughout the Rocky Mountain Region,” Rockies’ vice president of corporate partnerships Walker Monfort said.

The deal comes after Betfred USA Sports in September last year rolled out online wagering in Colorado, as well as in Iowa. The operator also opened the first land-based sportsbook in the state, with the facility launching at the Saratoga Casino Black Hawk in June 2020.

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Issued by the Virginia Lottery, the licence will enable GiG to operate WSN.com in Virginia, which launched its regulated sports betting market in January this year.

WSN.com, which is focused on delivering sports news coverage and match stats, is also licensed to run in 10 other states across the US.

“We are excited to add Virginia to the growing list of states where we can offer legal sports betting content,” GiG Media managing director Jonas Warrer said.

“WSN continues to gain momentum throughout North America and the Virginia licence approval brings us one step closer to our ambition of turning the site into primary go-to sites for all US sports bettors.”

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The fantasy sports-style mini game is now open, with players able to pick stables of up to 10 horses to compete across the four days of the festival.

Entries cost £5 per stable for the paid game, with all stakes to be redistributed as prizes, paying out up to 500^th position in the contest.

There is also a free-to-play version of the game, offering a selection of racing-specific prizes including annual membership for Cheltenham, tickets for the Panorama Restaurant at Cheltenham Racecourse, tickets to Cheltenham Gold Cup Day 2022 and tickets to the Leopardstown Christmas Meeting 2021.

Customers of the games will score points when one of their chosen horses wins or places, based on the quality of the race and the price of the horse. The mini game features 8 bonus races which are worth an additional 25 points for a win and 12 points for placing second.

Currently, nearly 45,000 stables are competing in the 2020/21 Jumps Season Tote Ten to Follow competition.

Since the Ten to Follow game was relaunched in 2019, £350,000 was available in prizes for the 2019/20 Jumps Season, and a further £150,000 available for the current 2020/21 Jumps Season competition.

“We know how popular Tote Ten to Follow is and so we wanted to bring it to the four fantastic days of racing at the Cheltenham Festival,” said Jamie Hart, racing director of UK Tote Group.

“With loads of prizes up for grabs, we hope as many racing fans as possible will get involved. For those already playing the jumps season game it’s an important time to consider any changes they want to make to their stables for the remainder of the jumps season. Good luck to everyone who gets involved!”

Tote’s Ten to Follow competition reopened in June as British racing returned after a period of closure as a result of the novel coronavirus (Covid-19) pandemic.

The competition was revamped in 2019 as part of a partnership with free-to-play content specialist SportCaller, following UK Tote Group’s acquisition of the operator from Betfred.

The agreement, signed by Lamont and Mohegan Tribe chair James Gessner Jr, sets a 20% tax rate for online gaming, and a 13.75% rate for sports wagering. 

It makes significant concessions to the Connecticut Lottery, which will gain the right to operate 15 retail betting locations, as well as an online sports betting skin. These include new retail venues in Hartford and Bridgeport.

The lottery will also have the right to sub-license some of those locations to the state’s licensed pari-mutuel operator Sportech.

The license agreement will run for an initial ten-year term, with the option for a five-year extension, and could generate “tens of millions of dollars in new revenue for the state”, the Governor’s office said. Before the agreement can come into force, it must be approved by the Secretary of the US Department of the Interior. 

“This agreement represents months of hard work and dedication to getting a deal that’s best for the residents of Connecticut and moves our state forward when it comes to the future of gaming,” Governor Lamont explained. 

“We are incredibly fortunate to have such a devoted partner in these efforts like the Mohegan Tribe, as they have been open to negotiation, honest discussion, and a positive path forward that is beneficial for both their tribe and the State of Connecticut.”

Mohegan Tribe chairman Gessner added that the operator of the Mohegan Sun in Uncasville was proud to have struck the agreement. 

“This path will allow Connecticut to generate tax revenues from sports and online gaming that are competitive with other states, and help keep Connecticut with those states when it comes to growing our economy and benefiting the state budget,” Gessner said.

The announcement made no mention of the Mashantucket Pequot Tribal Nation, which holds exclusive rights to offer gambling in the state alongside the Mohegan Tribe. Negotiations between the tribe and the state are ongoing.

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In April 2020, the Commission found Caesars breached a number of social responsibility, money laundering and customer interaction regulations related to VIP customers.

CEUK’s failings included allowing one player to spend £820,000, losing £240,000, over a 13-month period at a London casino without the operator taking sufficient action to confirm the source of funds. 

Another customer spent £800,000 and lost £795,000 despite being flagged as a high risk individual. CEUK did not obtain proof of source of funds or evidence of the individual’s wealth.

Caesars paid a record settlement of £13m (€14.7m/$16.1m) and three senior managers at the business surrendered their personal management licences (PML), but the regulator said its investigation into PML holders would continue.

Now, the Gambling Commission has announced that seven PML holders received licence warnings and two PML holders who were under review received advice to conduct letters. 

A further 18 PML holders who were not under review but were looked into as part of the investigation also received advice to conduct letters.

In addition, one PML holder surrendered their licence while under investigation, though their licence was not officially under review.

Another PML holder had their licence revoked for non-payment of fees, while a further staff member who was not under investigation had his licence revoked following an altercation with a guest.

“All personal licence holders should be aware that they will be held accountable, where appropriate, for the regulatory failings within the operators they manage,” Gambling Commission executive director Richard Watson said.

Based in Spain, Alfieri will lead commercial projects, product development and a recruitment drive, focusing on growing Salsa’s presence in Europe and Latin America.

Alfieri has spent 12 years working in the igaming market, starting out in product and player protection roles at bet365, before going on to lead the CRM strategy and department at Mr Green.

Alfieri also spent time in chief operating officer and chief executive roles with Redbet/Evoke Gaming, Bet.pt, Vivagol and Gamingtec.

“Salsa Technology’s expansion has been exceptional and I’m honoured to be able to play a major role in the company’s next chapter,” Alfieri said.

“Focus will be on strengthening Salsa’s market leading position in LatAm and accelerating European progress through the omni-channel platform and Game Aggregation Platform which includes proprietary content.

“We will also boost the range of tools we can offer to our clients to ensure player protection across our products.”

The appointment comes after Salsa last month also named Josh Tromans-Jones as its new chief technology officer.

Free-to-play predictive games will mark the beginning of FuboTV’s gambling roadmap, it said, which it believes will enhance the sports streaming experience while providing a bridge between its video service and sportsbook.

The acquisition of Vigtory allows FuboTV to accelerate the launch of its Fubo Sportsbook. The brand has secured its first market access deal in Iowa through Casino Queen.

It has also signed agreements with Major League Baseball (MLB) and the National Basketball Association (NBA) to become an authorised gaming operator of each league.

The agreements mean Fubo will have access to official data and may include MLB and NBA league marks and logos within the Fubo Sportsbook when it is rolled out.

FuboTV plans to launch its free-to-play predictive games in the third quarter of 2021, first to FuboTV subscribers and later to all consumers.

Its sportsbook brand is expected to launch in the fourth quarter.

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i3 Interactive has previously stated that it would rebrand as International Game Technologies, but will instead adopt the Interactive Games Technologies name from the start of trading on 4 March on the Canadian Securities Exchange.

The provider said shareholders will not be required to take any action as a result of the name change, while outstanding share and warrant certificates will not be impacted.

Confirmation of the rebrand comes after the provider in December announced that it had completed the acquisition of a controlling interest in an unnamed Indian entity that owns and operates an online poker brand in the country.

First announced in August last year, the agreement was completed by a trio of entities, involving a private British Columbia corporation (B.C. Corp.) and a subsidiary of the Canadian business (Subco) alongside i3.

Headed by i3 Interactive chief executive Chris Neville, B.C. Corp. and Subco are now operating as a combined corporate business, with the operation running as a subsidiary of i3 Interactive as i3 India Holdings Corp.

In the lawsuit filed with Illinois District Court, plaintiff Andrew Melnick, alleged that when placing in-play bets on college basketball games via the FanDuel mobile app, real-time information on the games was not accurate.

He had primarily wagered on ‘totals’ and ‘unders’, betting that the combined score of the two teams would be less than a certain amount by the end of the game in question.

Melnick claimed after losing $50 of the $100 he had deposited, he discovered the real-time information provided by FanDuel was “repeatedly false and materially so”.

According to Melnick, FanDuel “understated” the amount of time elapsed in the games, while the live scores were not up to date when he placed a bet, which in turn impacted the outcome of his wagers.

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Sands will sell the subsidiaries that operate its US business to funds held by the private equity business Apollo for $1.05bn in cash and $1.20bn in seller financing, through a loan credit and security agreement.

Meanwhile, the Venetian’s real estate and related assets will be sold to VICI for $4.00bn in cash. VICI is a real estate investment trust that was spun off from Caesars in 2017 and has acquired many other casino properties.

Las Vegas Sands chairman and chief executive officer Robert Goldstein said the property had been a very important part of Sands’ history, as it helped establish the legacy of Las Vegas Sands founder Sheldon Adelson.

Adelson died in January at the age of 87, with Golstein taking over his roles at the head of the operator and its board.

“The Venetian changed the face of future casino development and cemented Sheldon Adelson’s legacy as one of the most influential people in the history of the gaming and hospitality industry,” Goldstein said. “As we announce the sale of The Venetian Resort, we pay tribute to Mr. Adelson’s legacy while starting a new chapter in this company’s history. 

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