Month: August 2021

Month: August 2021

Regions: US North America’s Major League Soccer (MLS) has entered into a multi-year strategic partnership with MGM Resorts and the Roar Digital joint venture between MGM and GVC Holdings. North America’s Major League Soccer (MLS) has entered into a multi-year strategic partnership with MGM Resorts and the Roar Digital joint venture between MGM and GVC Holdings.Under the deal, the length of which was not disclosed, MGM Resorts will serve as the first official gaming partner of MLS, while Roar becomes the exclusive official sports betting partner of the league.Both MGM Resorts and Road will have access to enhanced MLS data for fans and sports betting customers, as well as game footage and photography, MLS-themed promotions and sweepstakes, television-visible signage for nationally broadcast games in the US, MLS talent and a range of hospitality and event opportunities.The agreement also sets out plans for MLS to work with MGM Resorts and Roar to develop an exclusive free-to-play game for fans. This will focus on deepening engagement with supporters, driving the adoption of sports betting in regulated states and building a base of potential punters in states where regulation is yet to be adopted.Other elements of the deal include MGM Resorts and Roar having access to a host of activation opportunities at major MLS events, such as the MLS Cup showpiece championship game.MGM Resorts and Roar will seek to promote the new partnership by showcasing a selection of their services – including the playMGM mobile sports betting app from Roar – across the league’s various media platforms.In addition, MGM Resorts will have an assortment of integrations across MLS social and digital channels, including an exclusive digital content series.“MGM Resorts is a leader in sports betting, and they recognise the progress of our league and the growth of the sport in the United States and Canada,” MLS commissioner Don Garber said.“Together, we will deliver cutting-edge data and analytics to MLS fans, and fan engagement will be the driving force behind every initiative in our partnership.”MLS becomes the latest major US professional sports league to enter into this sort of partnership with MGM Resorts.The NBA basketball league was the first competition to strike a deal with the operator, while Major League Baseball also has a deal in place with MGM. Last week, the Boston Red Sox also became the first MLB franchise to strike a deal with MGM.Jim Murren, CEO and chairman of MGM Resorts, added: “Pairing MLS action and real-time data and analytics with MGM Resorts’ best-in-class sports betting operations and innovative technology and mobile offerings will truly wow soccer fans and showcase our shared commitment to providing a thrilling and immersive sports experience.”Roar Digital CEO Adam Greenblatt also said: “MLS is one of the fastest growing professional leagues in the world and has rapidly established a passionate fan base throughout the United States.“The partnership positions us to be able to offer our players a unique blend of best-in-class product and customer experience.”MGM Resorts founded its new joint venture with GVC in July of last year, with the aim of “dominating” the US sports betting market. The venture, valued at $200m (£151m/€176m), took on its Roar Digital name in JanuaryImage: Andy Witchger Topics: Marketing & affiliates Sports betting Tech & innovation Subscribe to the iGaming newsletter Marketing & affiliates Tags: Online Gambling 20th March 2019 | By contenteditor MLS confirms wide-ranging deal with MGM Resorts AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Email Address read more


Month: August 2021

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Topics: Legal & compliance The Philippines’ Central Bank and Anti-Money Laundering Council (AMLC) are investigating the potential economic impact of curtailing offshore gaming in the country, amid growing pressure from China to clamp down on the industry. Legal & compliance Philippines probes economic impact of offshore industry Regions: Asia Philippines 28th August 2019 | By contenteditor The Philippines’ Central Bank and Anti-Money Laundering Council (AMLC) are investigating the potential economic impact of curtailing offshore gaming in the country, amid growing pressure from China to clamp down on the industry.Benjamin Diokno, who is the bank’s governor and also chair of the AMLC, said that the probe into Philippine offshore gaming operators (POGOs) had started before China called for the Philippines to ban all forms of online gaming last week.Earlier this month, the Philippine Amusement and Gaming Corporation (PAGCOR) suspended the award of licences to POGOs until at least the end of this year, citing concerns over illegal operations and security.“I already asked the AMLC team plus our financial stability team as to the impact of, for example, discontinuing the POGOs in the Philippines,” said Diokno, according to the Philippine Star newspaper.“What is the impact on real estate and the economy? We are looking at the economic risks of having POGOs here. One of our mandates is financial stability.”Diokno did not give a deadline for a conclusion of the investigation. The AMLC includes the commissioners of the country’s Insurance Commission, and also the Securities and Exchange Commission.China has been ramping up the pressure on neighbouring countries to clamp down on online gambling, which it believes illegally targets Chinese nationals, with Cambodia also having halted the award of online gambling licences this month.Just days before PAGCOR’s suspension of POGO licences, a Chinese embassy spokesperson in the Philippines warned the Philippines to adopt “concrete and effective measures to prevent and punish the Philippine casinos, POGOs and other forms of gambling entities for their illegal employment of Chinese citizens and crack down related crimes that hurt the Chinese citizens”.PAGCOR has since played down the impact of POGOs on Chinese citizens, although the Philippine Star reported that POGOs employ 130,000 Chinese nationals. Tags: Online Gambling Subscribe to the iGaming newsletter Email Addresslast_img read more


Month: August 2021

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Topics: Finance Sports betting 5th November 2019 | By contenteditor Tags: Online Gambling Betclic Everest Group’s bet-at-home subsidiary has put a year-on-year increase in both revenue and earnings during the first three quarters of the year down to focused marketing efforts in core European markets.Gross betting and gaming revenue for the nine months through to 30 September amounted to €106.8m (£92.2m/$118.8m), which represents an increase of 2.5% on €104.2m at the same point last year.Online gaming – consisting of casino, games, poker and virtual sports – was the main source of income for bet-at-home, with revenue for this section of the business amounting to €63.2m. Online sports betting revenue stood at €43.6m for the period.Players wagered a total of €2.44bn during the three quarters, up from €2.31bn last year. The vast majority of this was spent on online gaming (€2.05bn), with customers wagering a total of €391.0m on online sports betting.bet-at-home noted a slight increase in betting fees and gambling levies, up 1.3% to €15.4m, but VAT on electronic services was down 40.6% to €3.5m. As a result, net betting and gaming revenue was up 5.7% year-on-year to €87.9m.Marketing costs were almost identical year-on-year at €29.3m, but bet-at-home noted that this was despite the lack of a major international sporting event this year. Last year’s reporting period included the 2018 Fifa World Cup football tournament.Such marketing efforts helped bet-at-home boost its overall registered customer base from 5.0m at the end of September 2018 to 5.2m this year.As marketing costs were level, and bet-at-home was helped by lower electronic VAT, only slightly higher fees and levies, and improved revenue, the operator was able to record higher earnings for the period.Earnings before interest, tax, depreciation and amortisation (EBITDA) climbed 12.8% year-on-year to €27.0m. Earnings before interest and tax were also up from €22.9m to €25.6m, while earnings before tax increased from €23.0m to €25.6m.However, consolidated profit for the period tumbled from €14.4m to €5.8m due to corporation tax payments for between 2013 and 2018. These payments were the result of tax assessment by the Austrian Ministry of Finance, relating to the activities of its Linz-based subsidiary.In September, bet-at-home said it expected to receive an €11.9m bill from the Austrian tax authorities as a result of the investigation.Speaking in a joint statement, bet-at-home’s chief executives Franz Ömer and Michael Quatember said: “With the start of the European football leagues 2019-20, the bet-at-home.com AG Group again set a marketing focus in August 2019 in the context of international advertising campaigns to further strengthen brand awareness in the European core markets.“With exactly the same marketing investments as in the same period of the previous year, EBITDA increased by 12.8% to €27.0m in the first three quarters of the 2019 financial year.”The company also noted that it still expects to achieve gross betting and gaming revenue of between €130m and €143m for the full year, as well as EBITDA of between €29m and €33m. Subscribe to the iGaming newsletter Finance Regions: Europe Western Europe Austria Marketing focus drives revenue and earnings for bet-at-home Betclic Everest Group’s bet-at-home subsidiary has put a year-on-year increase in both revenue and earnings during the first three quarters of the year down to focused marketing efforts in core European markets. Email Addresslast_img read more


Month: August 2021

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Desert Shark by Fantasma Games Subscribe to the iGaming newsletter Casino & games 11th February 2020 | By Aaron Noy Desert Shark is the latest offering from Fantasma Games.A 5×4 reel slot that will take you the whole way to the East where a mythical ocean of sand lies, and whereupon fiery dunes great ships sail and giant creatures swim.Desert Shark has a theme that you never have seen before and it´s also packed with unique features as, Swim Swim feature, Wild feature, Dynamite Wild feature, and a Scatter feature.You can learn more about this slot here!If you are looking to review this game for your affiliate site, you can download the affiliate pack with all the info and creative from First Look Games here! Topics: Casino & games Slots Desert Shark is the latest offering from Fantasma Games. A 5×4 reel slot that will take you the whole way to the East where a mythical ocean of sand lies, and whereupon fiery dunes great ships sail and giant creatures swim. Email Addresslast_img read more


Month: August 2021

first_img Daily fantasy and sports betting operator DraftKings and land-based casino operator Twin River Worldwide Holdings have announced the opening of a temporary retail sportsbook at the Mardi Gras Casino in Black Hawk, Colorado.Guests will be able to place bets at the temporary location, on the first floor of the casino, from this Friday, July 10. They will have the option to place bets on all major US sports, including professional and college leagues.Construction has also begun on a permanent sportsbook location within the casino, which is expected to open for business in time for the start of the football season. The completed sportsbook will benefit from a large feature bar, a wall of TVs and a VIP lounge area.Mardi Gras Casino, which was acquired by Twin River in January 2019, partnered with DraftKings to give the sports betting giant access to the Colorado market in January this year.Colorado launched legal sports wagering in May. The handle for the first month reached $25.5m, despite a lack of major sporting events and no retail offering available. Read the full story on iGB North America. Daily fantasy and sports betting operator DraftKings and land-based casino operator Twin River Worldwide Holdings have announced the opening of a temporary retail sportsbook at the Mardi Gras Casino in Black Hawk, Colorado. Topics: Casino & games Sports betting Casino & games DraftKings opens retail sportsbook in Colorado 9th July 2020 | By Conor Mulheir AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Tags: Mobile Online Gambling OTB and Betting Shops Regions: US Colorado Email Address Subscribe to the iGaming newsletterlast_img read more


Month: August 2021

first_img Online gambling operator BetVictor has agreed a deal to become the new main team partner and front-of-shirt sponsor for English Premier League football club Fulham. The two-year agreement will run over the 2020-21 and 2021-22 seasons, and cover Fulham’s first team and women’s side. The operator’s branding will appear on the front of players’ shirts, as well as on other surfaces inside the team’s Craven Cottage home stadium and across the club’s digital channels. “BetVictor shares our passion for success and we hope to develop our relationship further throughout the duration of the partnership, in order to achieve and exceed our goals,” Fulham chief executive Alistair Mackintosh said. BetVictor’s chief executive Andreas Meinrad added: “We’re really excited to be teaming up with Fulham FC and are confident of a successful season ahead for both of us. We know how much football means to our customers and we share their enthusiasm for the beautiful game.” The 2020-21 Premier League campaign kicks off on 12 September, with Fulham playing Arsenal in its first match back in the top-tier, after winning promotion from the Championship last season. Email Address 7th September 2020 | By contenteditor Topics: Marketing & affiliates Sports betting Fulham signs BetVictor as main shirt sponsor Marketing & affiliatescenter_img Subscribe to the iGaming newsletter Regions: UK & Ireland AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Online gambling operator BetVictor has agreed a deal to become the new main team partner and front-of-shirt sponsor for English Premier League football club Fulham.last_img read more


Month: August 2021

first_img Regions: China US Topics: Casino & games Finance Management Management Email Address MGM Resorts International has raised $700m after arranging for real estate investment trust MGM Growth Properties (MGP) to redeem 23.5m units in their operating partnership. “This announcement reflects our continued focus on enhancing our balance sheet to strengthen our financial flexibility,” MGM Resorts’ president and chief executive Bill Hornbuckle said. “As the pandemic continues to impact operations at our properties across the US, we believe the opportunistic exercise of our redemption right as well as our recent senior notes offering allow us to continue pursuing our strategic goals while navigating the crisis.” Read the full story on iGB North America. The redemption represents the remaining amount agreed under an existing arrangement for MGP to secure up to $1.4bn of MGM Resorts units in exchange for cash. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter MGM Resorts said it intends to use the proceeds from the redemption for general corporate purposes. Tags: MGM Resorts International MGM Resorts raises $700m from MGP units redemption 3rd December 2020 | By Robert Fletcher MGM Resorts International has raised $700m (£521.8m/€578.1m) after arranging for real estate investment trust (REIT) MGM Growth Properties (MGP) to redeem 23.5m operating partnership units. Subscribe to the iGaming newsletterlast_img read more


Month: August 2021

first_img Regions: Europe UK & Ireland “We invest in marketing to differentiate ourselves from competitors because we believe in promoting our products and their features. At the same time, we believe that advertising should be carried out in a socially responsible manner, and have adjusted our marketing approach accordingly.” Casino & games These figures come after Kindred last month became the first top-tier operator to report how much of their revenue came from at-risk gamblers. In 2020, 58,000 personalized messages promoting responsible gambling were sent out to those detected by the system who were deemed to be problem players. The operator also outlined these figures in more detail in its report. Revealing that around 6% of revenue came from medium-risk customers and around 20% from low-risk, with the rest coming from those classed as “social” players. 15th March 2021 | By Nosa Omoigui Players detected in PS-EDS were more likely to use RG tools. PS-EDS is a core part of Kindred’s responsible gambling approach, which is designed to detect early signs of problem gambling within players. The percentage of players using deposit limits, loss-limits, self-exclusion and products blocks all increased, though the amount of players using reality checks declined. In 2020, 7.3% of Kindred players used deposit limits, 6.15% self-excluded and 1.4% use product blocks. Kindred’s early detection RG tool sees 70% of players flagged reduce depositscenter_img 70% of players detected by the behavior monitoring system were seen to deposit less the next time, and 76% of customers were seen to exhibit healthier gambling habits after they were identified. Operator Kindred Group has revealed that three-quarters of players flagged by its Player Safety-Early Detection System (PS-EDS) displayed healthier gambling activity after receiving PS-EDS messages, as per its latest sustainability report.  AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Email Address Subscribe to the iGaming newsletter Tags: Kindred 12% of Kindred customers were seen to be taking matters into their own hands, by using optional control tools to keep track of their own behavior. “Our ambition to transform gambling includes our approach to marketing. Kindred is a provider of entertainment and we compete for people’s leisure time and spend,” Kindred said in the report. Topics: Casino & games Online casino Social gaming Problem gambling Responsible gambling Online sports bettinglast_img read more


Month: August 2021

first_imgHowever, the CVA announcement suggests that a certain amount of money spent on bets or further dividends may be able to be returned. Topics: Finance Legal & compliance Sports betting Compliance Legal Product & technology Sports betting regulation Football Index hopes to return further customer funds with CVA after hearing The Gambling Commission initially defended its decision not to revoke BetIndex’s license earlier, however the government has since announced an inquiry into the platform’s collapse, where it will also examine the regulator’s role. The company was also forced to cut short shirt sponsorships with football teams Queens Park Rangers and Nottingham Forest. Subscribe to the iGaming newsletter The administrators for BetIndex, operator of Football Index, have confirmed that additional plans are in place to return funds to customers besides this week’s court hearing. BetIndex first entered administration in March when the Gambling Commission suspended its operating license. The Football Index mobile app will also be disabled from midnight on 20 May to facilitate the repayment process. As a result, players who wish to log into their account must do so on the Football Index website. The business also announced it was cancelling all current unmatched bids by 18 May as it prepares for the paying out of cash balances. Administrators have said this will cause “fluctuations in portfolio benchmarks and prices displayed relating to certain footballers”. However, the operator did not provide any information on how much money might be provided to customers via this scheme. The operator owes £3.2m for money held in customer accounts on the site. While its terms and conditions said that money spent on players through bets on the platform were “sums at risk” and therefore not protected, administrators said dividends – a form of winnings – may be owed up to a certain date, which will be determined through the hearing. Legal & compliance Email Address A hearing to determine how the £4.5m in the company’s player protection account will be distributed is already set for 21 May. Originally set to be heard before the Insolvency List, the hearing was raised to the High Court earlier this month, after Football Index operator BetIndex announced first steps had been taken to pay back customers. A redress scheme through a Company Voluntary Arrangement (CVA) has been designed and will “also look to return further funds to customers,” the operator said. It added that administrators were confident the proposal for this arrangement will be shared with creditors in the next few weeks. Regions: UK & Ireland Tags: Football Index BetIndex 18th May 2021 | By Nosa Omoigui AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitterlast_img read more


Month: August 2021

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first_img Previous articleIPL 2020 : Kolkata Knight Riders CEO’s 3 suggestions on how to host IPL seasonNext articleCovid19 Hero : Roger Federer donates another $1 Mn, this time in Africa Kunal DhyaniSports Tech enthusiast, he reports on Sports Tech industry and writes on sports products. Cricket Copa America 2021 Share on Facebook Tweet on Twitter Two players from Serie A side Parma have tested positive for coronavirus and have been moved into isolation, the club announced on Saturday (May 16) in another setback to hopes of a season restart in football-mad Italy.Just two days out from the scheduled go-ahead for group training at clubs, Parma said all members of their squad and staff had been tested through swabs and blood samples. RELATED ARTICLESMORE FROM AUTHOR SHARE PSL 2021 Playoffs: Schedule, Timing, LIVE streaming, list of champions; all you need to know FootballLatest Sports NewsSport Copa America 2021 VEN vs ECU LIVE: When and where to watch Venezuela vs Ecuador LIVE streaming in your country, India, Follow live update PSL 2021 Playoffs Live: How to watch PSL 2021 Playoffs LIVE streaming in your country, India YourBump15 Actors That Hollywood Banned For LifeYourBump|SponsoredSponsoredDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily Funny|SponsoredSponsoredPost FunThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayPost Fun|SponsoredSponsoredMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Week|SponsoredSponsoredDefinitionTime Was Not Kind To These 28 CelebritiesDefinition|SponsoredSponsoredMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStory|SponsoredSponsored Cricket Football Cricket WI vs SA 2nd Test Day 3 Live: Roach removes Markram in the first over; SA 20/1 (6 ov)- Follow Live Updates Euro 2020, Italy vs Wales LIVE: Ward produces solid save to keep 10-man Wales in the game; Follow Live Updates Football Tokyo Olympics: BCCI provides fuel in Indian Olympic flame, to contribute Rs 10 crore Facebook Twitter Euro 2020, Switzerland vs Turkey: Top 5 players to watch out for in SUI vs TUR Football Cricket Latest Sports News By Kunal Dhyani – May 17, 2020 Euro 2020, Switzerland vs Turkey LIVE: Kahveci scores for Turkey to reduce deficit; Follow Live Updates WTC Final LIVE: Devon Conway continues red-hot form, slams fifty to provide New Zealand dream start WTC Final IND vs NZ: Virat Kohli displays his dancing skills on the beats of Bharat Army’s Dhol; Watch video Serie A in trouble, two Parma players test positive Football by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeSuresh Raina issues statement after arrest, says the incident in Mumbai was ‘unintentional’PUBG Mobile Big Update : For the first time ever, India Government makes it official, ‘No Permissions to PUBG’Wrestler Murder Case: Sushil Kumar spotted hitting victim with sticks in exclusive video; WatchAll came back negative except for two players, who are asymptomatic.“Both of them were positive on the first test and negative on the second that was performed 24 hours later,” said Parma in a statement.“The players, both in excellent condition and asymptomatic, have nonetheless been immediately isolated and the club will monitor them constantly.”Clubs have suggested June 13 as a date for the championship to restart while group training will get underway on Monday.However, there is a point of dispute with government insistence on quarantine for the entire team and staff, in the event of a positive test. Italian clubs favour the German model, where only the infected person is quarantined.last_img read more


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