GVC furthers Changing for the Bettor with SOGG partnership

first_img The project has been agreed as part of GVC’s wider campaign to make gambling safer, which has already seen the operator pledge to commit 1% of gross gaming revenue to the research, education and treatment of problem gambling by 2022.It has also agreed to invest $5m in a responsible gambling research project, conducted in partnership with Harvard Medical School’s Division on Addiction and partnered EPIC Risk Management to launch a youth outreach programme across the UK.The operator, having prevailed in its calls for a so-called ‘whistle to whistle’ advertising ban around live sports broadcasts, has also called for a blanket prohibition on broadcast advertising. As part of its commitment to ensuring spectators can watch live sport with no inducement to gamble, it will end all shirt sponsorship deals and not allow its brands to appear on pitchside hoardings. “Online gambling became a devastating addiction for me. In many cases, an addict will not know they have a problem until it’s too late,” Bradford said. “Psychologically, it takes you over.“GVC’s commitment to funding pioneering treatment centres and exploring technologies that may stem a problem in the making is good news, and I’m pleased that they have asked SOGG to work alongside them.” GVC Holdings has stepped up its corporate social responsibility campaign Changing for the Better by partnering the Safer Online Gambling Group (SOGG), a body set up by a former gambling addict to raise awareness of gambling-related harm.Through the partnership, GVC will provide SOGG with funding to develop tailored digital therapy tools for those showing signs of problem gambling.“We believe that it is vital to increase collaboration between operators, regulators and independent treatment providers and are very pleased to be able to partner with SOGG and support their development of digital therapy tools to treat problem gambling behaviour,” GVC director of responsible gambling Grainne Hurst said.SOGG, a non-profit body, was set up by former gambling addict David Bradford and his son Adam earlier this year. Bradford suffered from gambling addiction for more than 30 years, ultimately going to prison for stealing £50,000 from his employers to fund his habit and racking up more than £500,000 in debt.It was established to provide a platform to facilitate communication and action between the industry, families affected by gambling and policymakers. SOGG has already garnered support from the Conservative and Labour Parties, and is currently exploring ways to collaborate on effective intervention strategies with the UK’s National Health Service. Tags: Mobile Online Gambling GVC furthers Changing for the Bettor with SOGG partnership Subscribe to the iGaming newsletter Casino & games 21st May 2019 | By contenteditor GVC Holdings has stepped up its corporate social responsibility campaign Changing for the Better by partnering the Safer Online Gambling Group (SOGG), a body set up by a former gambling addict to raise awareness of gambling-related harm. Topics: Casino & games People Sports betting Strategy Regions: UK & Ireland AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Email Addresslast_img read more

Codere appoints Sánchez Serrano to lead digitalisation

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Gambling group Codere has named Luis Sánchez Serrano as its new corporate director of technology and digitalisation.Sánchez Serrano, who will report to group chief executive Vicente Di Loreto, is a newcomer to the gambling industry, having spent most his professional career in banking.His previous roles include senior positions with Liberbank, Bankinter and Banco Espirito Santo, in which he focused on transformation projects, innovation and digitalisation of each organisation. “This appointment strengthens our team and consolidates the strategy of change and transformation undertaken in our group to continue fulfilling our commitment to the client and creating value,” Di Loreto said.The addition of Sánchez Serrano to the senior team comes after Codere in April announced a series of changes to its organisational structure to help simplify management processes and give more accountability to regional divisions.Codere said the new structure will allow the group to improve its operational capabilities and improve the efficiency of its management processes, with the idea of giving more prominence to certain sections of the business and strengthening functional areas.In May, Codere reported a year-on-year decline in revenue during the first quarter, despite seeing growth across its Mexican, Italian, Spanish and online operations.Operating revenue in the three months to March 31, 2019 amounted to €357.7m (£323.3m/$401.2m), down 6.7% on the €383.3m of the first quarter of 2018, with Codere citing the devaluation of the Argentine Peso as the primary reason behind this decline. Subscribe to the iGaming newsletter Tags: Online Gambling OTB and Betting Shops 17th July 2019 | By contenteditor Gambling group Codere has appointed Luis Sánchez Serrano as its new corporate director of technology and digitalisation. Sánchez Serrano will report directly to group chief executive Vicente Di Loreto.center_img Codere appoints Sánchez Serrano to lead digitalisation Topics: People Strategy People Email Addresslast_img read more

DC sports betting licensing process to begin “within weeks”

first_img Washington DC’s sports betting licence application process is to begin within weeks after formal rules were approved by the District of Columbia regulator.The Office of Lottery and Gaming (OLG) gave the green light to updated plans, which outline matters such as licence terms, and support implementation of the Sports Wagering Lottery Amendment Act passed by the DC City Council in December 2018.The document also includes responses to comments on initial regulations by stakeholders including DraftKings, William Hill and MGM Resorts, who are likely to apply for licences.The OLG said in a statement that it will release additional information and guidance to potential applicants for sports wagering licenses as it prepares to formally launch the licensing process in the coming weeks.DC Lottery executive director Beth Bresnahan, whose company has a contract with Intralot to run its sports betting operations, said: “The 115-page document incorporates feedback from potential operators in the District’s emerging sports wagering industry submitted during the public comment period that closed on July 15.Read the full story on iGB North America. Topics: Sports betting Washington DC’s sports betting licence application process is to begin within weeks after formal rules were approved by the District of Columbia regulator. 3rd September 2019 | By contenteditor DC sports betting licensing process to begin “within weeks” Sports bettingcenter_img AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Regions: US Washington DC Subscribe to the iGaming newsletter Email Addresslast_img read more

Mississippi sportsbook handle bounces back in August

first_img Email Address Mississippi sportsbook handle bounces back in August Mississippi’s sports betting market bounced back in August after a weak July, as bettors placed $19.9m in sports wagers in August, up 48.5% month-on-month.The rise compared to July was largely fuelled by the start of the college American football season and the approach of the NFL, as American football bets surpassed $6m, up 792% month-on-month and 152% year-on-year and revenue totaled $1.8m. Handle was up 347% year-on-year compared to August 2018, the month that legal betting was introduced in Mississippi.The majority of money wagered in the state – which only allows betting in casinos – again came from properties in the coastal region to the South of the state, where $13m was wagered and casinos took in $1.8m in revenue. At 65.4% the proportion of bets coming from the Coastal region drastically increased from July’s 54%, as the handle in the state increased 50.2% while revenue more than tripled.Read more on iGB North America. Sports betting 19th September 2019 | By Daniel O’Boyle Regions: US Mississippi Topics: Sports betting Subscribe to the iGaming newsletter AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitterlast_img read more

BGC rolls out festive safer gambling campaign

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Tags: Online Gambling Marketing & affiliates 17th December 2019 | By contenteditor The Betting and Gaming Council (BGC), the trade association for the UK gambling industry, has launched a new multimedia campaign to promote safer gambling over the festive period. Email Address Subscribe to the iGaming newsletter BGC rolls out festive safer gambling campaign The Betting and Gaming Council (BGC), the trade association for the UK gambling industry, has launched a new multimedia campaign to promote safer gambling over the festive period.The Limits are Good campaign will focus on men aged between 18-34, with the aim of encouraging them to set deposit limits and not overindulge on betting at Christmas.The campaign will feature a series of short digital films and associated content, each featuring a humorous but thought-provoking social situation where limits are good. Films are now live YouTube and also will be rolled out across various operator channels and in retail locations over the coming weeks.Throughout the campaign, the BGC will promote a number of new limit-setting tools either launched or redesigned by operators in recent months. Data for the take-up of these tools will be used to help track the success of the campaign.The BGC will also monitor the number of visits and visitors to deposit limit pages both online and in operator mobile apps.“We set limits on what we do every day and betting and gaming should be no different,” BGC chairman Brigid Simmonds said. “Over the festive period with so many important sporting events, if people wish to have a bet it’s important not to lose track of how long you spend or the amount you have staked. “Tools are available online and in betting shops and casinos to help you set your time and spend limits and we encourage everyone to use these. “Gillian Wilmot, chair of the Senet Group, added: “This campaign draws on real-life gambling behaviours to promote tools which help gamblers stay within self-determined limits. “Our behavioural research identified that most gamblers maintain a range of informal strategies to maintain control of their gambling. By formalising limit-setting tools, operators can do more to empower their customers to gamble safely.”The new campaign comes after the BGC last week called for further education for young people and their parents to help combat underage and illegal gambling.The BGC was responding to a University of Bristol report, which, commissioned by GambleAware, claimed UK young people will have developed regular patterns of play and gambling habits by the age of 20, with more than half of 17 year-olds gambling in some form. Regions: UK & Ireland Topics: Marketing & affiliateslast_img read more

Everi announces $25m marketing solutions acquisition

first_img Everi Holdings has bolstered its player loyalty and marketing solutions through the acquisition of assets from Micro Gaming Technologies (MGT). Everi announces $25m marketing solutions acquisition Email Address Finance Regions: US Everi Holdings has bolstered its player loyalty and marketing solutions through the acquisition of assets from Micro Gaming Technologies (MGT).Las Vegas-headquartered Everi will pay a total of $25m (£19.0m/€22.3m) for MGT’s products, software and technologies for casino operators. The single-source provider of gaming products, financial technology and player loyalty solutions said the assets represent a complementary addition to its portfolio of FinTech products and services.Under the terms of the transaction, Everi acquired certain assets of MGT for an initial payment at the time of closing of $15m, with a further $5m to be paid 1 April 2020 and another $5m on 24 December 2021.Everi said it expects to fund the acquisition from existing cash on hand and future cash flow.Darren Simmons, Everi’s executive vice president and FinTech business leader, said: “The acquisition of the MGT assets will further strengthen our ability to provide our customers with a one-stop shop of comprehensive, integrated solutions that enable a seamless, convenient experience for casino patrons while delivering operational efficiencies for casino operators.“By combining our existing Everi player loyalty and marketing solutions with these assets from MGT, we will be better positioned to offer our customers the industry’s most extensive suite of loyalty and marketing technology.“We have already begun the process of developing a roadmap for integrating the best functionality of MGT’s platform with the best of our existing loyalty and FinTech suite of products and services with an eye towards further strengthening our overall solution set.”In its most recent filing in Q3 2019, Everi announced that its revenue increased 12% to a quarterly record $134.6m, reflecting growth in both Games and FinTech revenues. Net income improved 350% to $9.3m from $2.1m.Looking ahead following the MGT announcement, Simmons added: “We see a significant opportunity for growth in the player loyalty market and the planned acquisition of the MGT assets represents a significant step forward in our goal to establish loyalty and marketing-based services as a meaningful growth driver for our business.“In addition, combining the product capabilities of MGT’s solutions with our innovative existing and planned FinTech digital products will help accelerate the development and commercialisation of our ‘Digital Neighbourhood.’” Topics: Finance Marketing & affiliates Strategy Tech & innovation 2nd January 2020 | By contenteditor Subscribe to the iGaming newsletter AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Tags: Paymentslast_img read more

Sports betting amendment passes SD senate

first_img Topics: Legal & compliance Sports betting 12th February 2020 | By Daniel O’Boyle Email Address Subscribe to the iGaming newsletter Legal & compliance A bill to amend the constitution of South Dakota in order to allow sports betting has passed the state senate by a vote of 24-10.The bill, SJR501, was introduced by state senator Bob Ewing and passed by the local Government committee on February 7 by a 5-2 vote before passing in the senate on February 11.The state constitution of South Dakota currently prohibits gambling, except for roulette, keno, craps, “limited” card games and slot machines, provided there are conducted within the city limits of Deadwood, a town in the Black Hills Forest close to the Wyoming border. Senator Ewing’s constituency includes the city of Deadwood and most of Lawrence County, of which Deadwood is the county seat.Under the new constitutional amendment, sports betting would also be allowed, but again only within Deadwood.Read more on iGB North America. Sports betting amendment passes SD senate AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Regions: US South Dakotalast_img read more

Danish regulator shuts down 25 illegal gaming sites in 2019

first_img Danish regulator shuts down 25 illegal gaming sites in 2019 Regions: Europe Nordics Denmark AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Tags: Mobile Online Gambling Video Gaming Denmark’s gambling regulator Spillemyndigheden has revealed that access to 25 sites were blocked as part of its efforts to stamp out illegal activity in the country in 2019. Casino & games Denmark’s gambling regulator Spillemyndigheden has revealed that access to 25 sites were blocked as part of its efforts to stamp out illegal activity in the country in 2019.Working in partnership with the Danish Tax Authority, the regulator conducted a search of 502 websites.Ten were found to be operating illegally, prompting Spillemyndigheden to file court petitions to have internet service providers block access to the sites. These cases are all expected to conclude later this year.After expanding the scope of its search for potentially illegal content to include skin betting in 2018, 110 sites were reviewed in 2019, with closer investigations carried out for six. Petitions to have ISPs block access to 15 sites were filed in total.Last year Spillemyndigheden began an education campaign, targeting minors and their parents, to both inform participants on what skin betting was, and why it was illegal. This, the regulator said, had been positively received.For land-based gambling, it noted that under the Gaming Act it does not have any jurisdiction over illegal land-based gambling, though assists the Danish police when and where required. This saw it provide input on 19 cases in which gaming venues offered poker or slot machines without certification.These efforts appear to be having a positive impact on efforts to channel players towards legal gambling offerings. According to research by H2 Gambling Capital, Spillemyndigheden said an estimated 91.54% of gambling spend occurred through legal channels.This marked a significant increase from 72.44% in 2012, the year Denmark’s igaming market opened for business, and is expected to rise to 93.01% in 2020.Looking ahead, the regulator pledged to continue its searches in partnership with the Tax Authority, and aims to significantly increase the number of sites assessed, to determine whether that will lead to more illegal activity being identified. Topics: Casino & games Legal & compliance Video gaming Subscribe to the iGaming newsletter 27th February 2020 | By contenteditor Email Addresslast_img read more

Evolution seals strategic partnership with Golden Nugget

first_img Topics: Casino & games Table games Tags: Mobile Online Gambling Regions: US New Jersey Evolution seals strategic partnership with Golden Nugget Subscribe to the iGaming newsletter Live dealer specialist Evolution Gaming has struck a strategic agreement with Golden Nugget that will see it expand the range of games provided to the US casino operator.Golden Nugget was the first operator in New Jersey to launch live dealer games in 2016, in partnership with Ezugi, a supplier acquired by Evolution in November 2018.Since then the operator has continued to offer games broadcast from a dedicated studio run by Ezugi, which also provides content to partners such as BetMGM, PartyCasino, Caesars and FanDuel.Under the expanded agreement, it will now add Evolution’s portfolio of US live casino services to its offering. This will make game types such as Dream Catcher, Side Bet City and Top Card available on its New Jersey site, streamed live from its Atlantic City studio, or from Golden Nugget’s existing facilities.Furthermore, clients of that studio will also have the option to access Evolution’s content through their existing partnership. While the agreement currently focuses on New Jersey, the only state in which Golden Nugget offers igaming currently, there is an option to expand into other markets as regulation permits.Read the full story on iGB North America. 19th May 2020 | By contenteditor Email Address AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Live dealer specialist Evolution Gaming has struck a strategic agreement with Golden Nugget that will see it expand the range of games provided to the US casino operator. Casino & gameslast_img read more

Totalizator Sportowy and ffVC launch VC fund for gaming start-ups

first_img“We want to support the development of innovative and ground-breaking Polish companies by using ffVC’s relations with strategic partners such as Totalizator Sportowy and helping Polish companies to expand internationally, especially to the USA,” Adamski said. Finance Regions: Europe US Central and Eastern Europe Poland 3rd December 2020 | By Daniel O’Boyle In addition, companies that receive investment will gain access to the operator’s network of contacts and resources, while ffVC aid their US expansion. Subscribe to the iGaming newsletter Tags: Totalizator Sportowy John Frankel, founder and partner of ffVC, said he was excited to expand his fund’s work to Poland. Polish state-owned operator Totalizator Sportowy and American venture capital fund ffVC have partnered to pursue investments in gaming start-ups. Olgierd Cieślik, president of the management board of Totalizator Sportowy, said working with promising new businesses was an important step for the future of the operator. Maciej Ćwikiewicz, president of PFR Ventures, added that gaming businesses offer major interest among investors and so such a fund made sense. “The venture capital market in Poland has been developing dynamically for years and we believe that the market is entering the phase of development, after which Polish startups will achieve a global scale of operations.” “Experienced game producers attract enormous interest on the Warsaw Stock Exchange, and now just starting studies and projects can count on alternative capital,” Ćwikiewicz said. The fund was established under the Polish Development Fund (PFR) and the National Center for Research and Development’s Corporate Venture Capital programme.  Totalizator Sportowy and ffVC launch VC fund for gaming start-ups “We are glad that we can expand our business and start investing in Poland,” Frankel said. Email Address The ffVC Tech & Gaming fund will be used to invest in 10 to 15 start-ups  by the end of 2023. Businesses are expected to receive between PLN1m (£202,000/€224,000/$271,000) and PLN8m in their first investment, though subsequent investments may be as high as PLN15m. “Continuing the technological transformation of Totalizator Sportowy requires us not only to cooperate with the global giants of the gaming market, but also to be open to the implementation of products and services provided by young innovative companies, including Polish startups,” Cieślik said. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter “We are introducing a new CVC fund to the Polish market, focused on industries which – as we see in our other programs and initiatives – very effectively absorb R&D investment, turning it into products with potential for international commercialisation,”  Przemysław Kurczewski, deputy director of the National Center for Research and Development, said. “We have created a strong international team to search for the best Polish companies that, thanks to the help of ffVC and Totalizator Sportowy, have a chance to become leaders in their industries. “We hope that [this support] will bring us all great benefits and, above all, the possibility of further growth.” Topics: Finance Strategy Tech & innovation Uncategorized Management This will focus predominantly on businesses in Totalizator Sportowy’s native Poland or other Eastern European markets, especially those looking to expand into the US. Frankel will manage the fund alongside three other ffVC partners: US-based Adam Plotkin and Poland-based Mariusz Adamski and Maciej Skarul.last_img read more