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FOX Bet signs deal with Major League Baseball

(PRESS RELEASE) — FOX Bet have announced a new multiyear deal that makes the mobile sports betting product an Authorised Gaming Operator of Major League Baseball in the United States.

As part of the agreement, FOX Bet has the right to use MLB’s official data feed and League marks across its FOX Bet sports betting app and FOX Sports Super 6, FOX Bet’s free-to-play game available nationwide.

“We continue to see a great appetite for the FOX Bet app as well as FOX Sports Super 6,” said Robin Chhabra, CEO of FOX Bet. “Having a partnership with MLB enables us to use official MLB data and league marks, providing a better experience for our customers and comes just in time as the League Championship Series and the World Series kick into high gear.”

FOX Bet is an online and mobile sports betting product that was developed through a first-of-its kind national media and sports wagering partnership in the United States between The Stars Group Inc. and FOX Sports, a unit of Fox Corporation.

The Stars Group is a global leader in the online and mobile gaming and interactive entertainment industries, entertaining millions of customers across its online poker, gaming and betting offerings. FOX Bet, The Stars Group’s U.S. sports betting business, is currently operating in New Jersey and Pennsylvania. The FOX Sports Super 6 free-to-play game launched nationwide in September giving players a chance to win hundreds of thousands of dollars each week. FOX Bet plans to expand its business nationwide as additional states legalise online sports betting.

“Adding The Stars Group and FOX Bet to our authorised gaming operator program continues our vision for ensuring we are serving fans with opportunity and choice,” said Kenny Gersh, MLB Executive Vice President, Gaming & New Business Ventures. “Our official data feed, including real time and reliable game statistics, and league marks will enable The Stars Group to build unique and engaging gaming products around our sport.”

The Stars Group and MLB will also collaborate on responsible gaming and partner on best-in-class practices to protect the integrity of MLB games.

Source: Online.CasinoCity.com

Scientific Games off to strong start at G2E

(PRESS RELEASE) — Scientific Games Corporation is celebrating the beginning of the Global Gaming Expo with two strong award wins. The company received the Digital Product of the Year prize at the Global Gaming Awards 2019 in Las Vegas for OpenSports, its end-to-end sports betting product suite, for the second consecutive year.

The Digital Product of the Year is awarded to the company with a product suite that has taken player engagement to the next level through its design and implementation. A judging panel comprising 100 leading industry executives chose the company’s end-to-end, modular sports betting product, which can be mixed and matched to meet specific needs and includes its ground-breaking OpenTrade Managed Trading Services, powered by Don Best Sports.

Over the last 12 months, Scientific Games has transformed its OpenSports offering across web, mobile and retail. Alongside a new digital user interface as part of its OpenEngage module, the company launched a wide range of new market-leading features such as Match HQ – a scoreboards widget that displays real-time game statistics and in-play animations across a wide range of American and European sporting events.

Scientific Games was presented with the award at the Global Gaming Awards’ prestigious ceremony held at the Sands Expo Convention Center as part of G2E 2019.

Keith O’Loughlin, SVP of Sportsbook and Platforms at SG Digital, said, “Kicking off G2E with this global award is credit to our teams and the work we produce for our customers across the world. Every day, we strive to find new ways to improve the user experience and the OpenSports solution embodies our player-first approach and our long-standing commitment to reliability and stability. We’re delighted that the judging panel recognised the hard work and we’re looking forward to showcasing the full product during G2E this year.”

In addition, Scientific Games received a gold medal in the “2019 Best Interactive Product” category at GGB Gaming & Technology Awards for its Open Gaming System (OGS) and Open Platform System (OPS). Both technologies are now part of the recently announced OpenGaming product suite.

The award-winning OGS and OPS are now part of Scientific Games’ OpenGaming, the end-to-end digital ecosystem for operators looking to provide a new wave of immersive gaming experiences for their players through one seamless integration.

These latest award triumphs further demonstrate the company’s reputation for delivering next level betting and gaming experiences for players across the globe.

Source: GamingMeets.com

UKGC fines Petfre for £322,000

(PRESS RELEASE) — An online gambling operator will pay £322,000 for money laundering prevention failures.

Petfre (Gibraltar) Limited, trading as Betfred, will make the payment following an investigation by the U.K. Gambling Commission.

The investigation revealed the operator failed to carry out adequate source of funds checks on a customer who deposited £210,000 and lost £140,000 of stolen money in a 12-day period in November 2017. A customer being able to deposit and lose such significant amounts in such a short period of time clearly indicated failings in the effectiveness of Petfre’s anti-money laundering policies and procedures.

As part of this settlement Petfre will return £140,000 to the identified victim and make a £182,000 payment in lieu of a financial penalty, which will be spent accelerating delivery of the National Strategy to Reduce Gambling Harms.

Source: Online.CasinoCity.com

Catena Media’s AskGamblers adds three languages

(PRESS RELEASE) — In line with the company’s strategy of entering new markets and focusing on its core brands, Catena Media has now launched AskGamblers in Japanese, Spanish and Portuguese, meaning the site now operates in six languages.

“Following our global expansion plan and scaling up our core products is the most efficient way of achieving rapid growth at this time,” said Per Hellberg, CEO.

As one of its core features, besides being a traditional lead-gen website, Catena Media’s askgamblers.com site provides a platform to help players speak out and shed light on any wrongdoings and questionable procedures. The objective is to guard and support players and partners by encouraging casino brands to act responsibly and professionally. The main incentive in gambling, apart from excitement, is money – and the most common issues are payments, followed by bonuses and account handling. So far, Catena Media’s Casino Complaint Service has resolved more than 10,000 complaints. In monetary terms this was worth €28 million to players.

“We have a team that never stops pushing to become better. We have always striven to innovate in our industry and this is a great first step and will continue to make AskGamblers available in additional countries,” said Nikola Teofilic, MD Catena Media Serbia.

AskGamblers won the Best Casino Website at the iGB Awards in 2019. This was the 6th time AskGamblers was honored with this prestigious award. The AskGamblers team comprises 60 people, primarily based in Serbia, with skills and expertise in SEO, content and technology. The team’s strength lies in the passion for what the service accomplishes for players and is fueled by creativeness, innovation and a high-performance culture.

Source: Online.CasinoCity.com

NYC Sports Betting Investor Summit announced

(PRESS RELEASE) — The American investment community is not just aware of the $150 billion opportunity legalised sports betting brings, but is actively seeking to learn more about the market and meet its key players.

On 4 November, Clarion Gaming, organisers of the world’s largest gambling event, ICE London, will host The NYC Sports Betting Investor Summit. This event will give the investment community a chance to hear from and meet Sports Betting executives and to debate key questions such as: who will the market share winners be; which will prove to be the most successful partnerships; and could there be continued M&A driven by the theme. The summit will host institutional investors, private equity firms, family offices, venture capitalists, analysts and private wealth managers looking to invest in the legalised US sports betting market. This event will focus on the key elements of the sports betting value chain and identify opportunities for investors, operators and suppliers.

“This is one of the more interesting investment opportunities in US right now” said Christopher Smith of The Firmament Group.

Smith continued, “With a latent demand for betting already in place, the rapid uptake of legislation in several states and proven products and technology to service the demand, it’s a sector that has come to the attention of the private equity community, and has new investors, who had in the past not been interested in gaming and leisure, looking for information and deal flow in the space.”

The Summit will see CFOs, CEOs, Investor Relations teams and owners of gaming companies and their suppliers meet with institutional investors, private equity groups, hedge funds, venture capitalists, family offices, investment advisors and asset managers as both sides of the deal look to maximise the opportunity the legalisation of sports betting brings.

“I have been getting more and more calls from investors that have never invested in this sector before, asking for investment opportunities in US sports betting. It has become so overwhelming, that it’s time for a summit where Wall Street could meet the key players in the betting market,” said Michael Caselli, [industry veteran and current non-executive Chairman at Clarion Events], who adds, “The American sports betting opportunity is by far the greatest opportunity in the sector since the advent of internet gaming 20 years ago.”

Source: Online.CasinoCity.com

SBC sets records with Betting on Sports 2019

(PRESS RELEASE) — Visitors to last month’s Betting on Sports and CasinoBeats Summit events in London have given it an overwhelming show of support through the post-event survey, in which 99% of respondents said that they would recommend the conference to colleagues.

The feedback from the event has been overwhelmingly positive and the post-event delegate survey found that:

•100% of survey respondents are either very likely or likely to attend again

•94% rated the relevance of the content as either excellent or good

•84% rated the speakers as either excellent or good

•Kresimir Spajic, Ronnie O’Sullivan, Lloyd Danzig and Marco Blume were among the favorite speakers

Rasmus Sojmark, SBC Founder & CEO, said, “The feedback we’ve had from exhibitors, sponsors and delegates about this year’s Betting on Sports has been phenomenal. It was already established as the essential date on the industry calendar, but we’ve worked tirelessly over the last 12 months to improve every element of it and the whole team are delighted by how well everything came together to create our biggest and most successful event yet.”

Betting on Sports is well known for hosting decision makers in the sports betting industry, a fact confirmed by 25% of attendees being C-level executives and the news that delegates traveled from no fewer than 58 countries to take part.

Sojmark added, “With a record number of attendees and exhibitors, we have now outgrown our space in London. This is why we will be hosting our September event in Barcelona next year under the new banner of SBC Summit. By bringing all the elements of this year’s show onto one floor in one of the most exciting international cities in the world, we plan on 2020’s event to be even better.”

Delegates were treated to a selection of more than 300 high-level speakers sharing insights across eight Betting on Sports conference tracks, as well as the inaugural SBC Safer Gambling Forum, the second edition of CasinoBeats Summit and the specialist Payment Expert Forum and Digital Marketing Forum.

The high-quality speaker line-up featured the CEOs of a host of major international operators, including Jesper Svensson (Betsson), JD Duarte (Betcris), Paris Smith (Pinnacle), Sergey Portnov (Parimatch), John Levy (theScore Inc.), Fredrik Wastenson (Svenska Spel Sport & Casino), Lahcene Merzoug (ComeOn!), Tomas Bachman (Hero Gaming) and Alexander Stevendahl (Videoslots.com), along with five-time world snooker champion Ronnie O’Sullivan.

Speaking after taking part in the Sport in Focus track, Portnov said, “I believe this conference is almost the only conference where true business value and true business networking take place. I really love it.”

Following his appearance on a panel focused on opportunities in Latin America, Duarte said, “Betting on Sports is my favorite event of this type. It’s one of the events that takes the industry most seriously. You meet people from B2B suppliers, potential partners, like-minded people who give you new ideas. So it’s really a great event.”

Robert Griffin, CEO of Miracl, who exhibited at Betting on Sports, said, “People are definitely here to look at, in a really fresh way, the challenges and potential solutions that exist for operators, platforms and affiliates alike. We’ve had a really positive experience with some fascinating insights and some great commercial leads.”

Sojmark believes that Betting on Sports has set the benchmark for SBC’s 2020 events program, which includes CasinoBeats Malta (Intercontinental Malta, 25-26 March), Betting on Sports America (Meadowlands Exposition Center, New Jersey, 28-30 April), Betting on Sports Europe (Stamford Bridge, London, 2-4 June) and the inaugural SBC Summit (Fira de Barcelona, 8-11 September).

He added, “We have a busy schedule planned for 2020 with both new events and bigger editions of established ones to deliver. With the success of Betting on Sports 2019, we’ve given ourselves an incredibly high standard to live up to. However, I have no doubt that the SBC team will not just match it, but surpass it to create even better experiences for our valued sponsors, exhibitors, speakers and delegates.”

Source: GamingMeets.com

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