Patagonia purchases AutoGameSYS in €20m deal

first_img Tags: Online Gambling Patagonia Entertainment has acquired AutoGameSYS (AGS) gaming platform in a transaction valued at €20m ($23.7m). Under the agreement, the AutoGameSYS platform will now provide an omni-channel solution with local and international payment processing capability. The platform will feature over 2,000 games from a range of content providers, as well as a complete sports betting platform with more than 20,000 pre-match and live events each month. Patagonia said the acquisition will support its ongoing expansion plans in the Latin America region. Last month, Patagonia moved into Colombia after striking up a partnership with Wplay.co. Victor Arias, global business development manager at Patagonia, said: “Our AutoGameSYS acquisition is the latest step in our growth strategy to maintain our position at the forefront of Latam’s igaming market. “It delivers an all-in-one solution to give clients a turnkey platform ready to quickly operate in any regulated market in the world.”Related article: Patagonia moves into Colombia with Wplay.co Subscribe to the iGaming newsletter 9th May 2018 | By contenteditor Email Address AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Topics: Casino & games Finance Sports betting Patagonia Entertainment has acquired AutoGameSYS (AGS) gaming platform in a transaction valued at €20m ($23.7m) Patagonia purchases AutoGameSYS in €20m deal Regions: LATAM Casino & gameslast_img read more

Hard Rock’s GiG sportsbook set for Q1 2019 launch

first_imgSports betting Topics: Sports betting Tech & innovation Subscribe to the iGaming newsletter Companies: GiG 29th November 2018 | By contenteditor AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Regions: US New Jersey Hard Rock’s GiG sportsbook set for Q1 2019 launch Gaming Innovation Group’s (GiG) omni-channel sportsbook is set to go live with Hard Rock in New Jersey early in the New Year after the two parties rubber-stamped their expanded partnership today (November 29).GiG, which powers Hard Rock’s online casino offering in New Jersey, signed a letter of intent with the casino and hotel operator on October 12 for the launch of a sports betting product.It was originally hoped that the omni-channel offering, comprising retail, mobile and online elements, could launch before the end of this year. However, a GiG spokesperson told iGamingBusiness.com that a launch in the first quarter of 2019 is now anticipated.Hard Rock will certainly hope that the service is up and running ahead of the NFL Super Bowl on February 3, with the American Gaming Association having estimated that unregulated wagers totalling $4.6bn (£3.6bn/€4bn) were processed in the US around the American football showpiece earlier this year.GiG was given approval to operate in New Jersey by the state’s Division of Gaming Enforcement (DGE) in June, with Hard Rock filing its application for a sports betting licence last month. Hard Rock will have the full suite of GiG sports betting services at its disposal, including GiG Sports Connect, GiG Trader and GiG Goal.GiG said that there is the “potential to expand the partnership further in the future in other US states”, with the company expecting more than 20 states – covering around half the US population – to open up to regulated sports betting by the end of 2023.GiG has already provided Hard Rock with its front-end website service GiG Magic ito support HardRockCasino.com, which went live on July 3. Hard Rock said the offering has generated $1m in revenue since its launch.Kresimir Spajic, senior vice-president of online gaming at Hard Rock International, said that the sportsbook deal with GiG would be complemented by skin partnerships “with leading international operators”.GiG CEO Robin Reed added that the agreement with Hard Rock had been sealed following “a highly competitive pitch against the best sportsbooks in the world”.“Hard Rock choosing GiG to power its sportsbook is a clear statement as to the quality of our cutting-edge sports betting services at this very early stage of their roll-out,” Reid explained. GiG and Hard rock to roll out omni-channel solution after confirming partnership Email Addresslast_img read more

Connecticut senators file new sports betting bill

first_img A group of eight Connecticut senators have filed a new bill with the aim of legalising sports betting in the state, though do not go into detail as to how they would have the market regulated. Regions: US Connecticut AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Legal & compliance Topics: Legal & compliance Sports bettingcenter_img Connecticut senators file new sports betting bill 25th January 2019 | By contenteditor Eight Connecticut senators have jointly filed a new bill with the aim of legalising sports betting in the US state.SB 665 intends to establish competitive wagering on the results of certain sports events, but the initial filing puts the onus on the state legislature to develop a regulatory framework for the vertical, rather than setting out a proposed model for the sector.State senators Mary Daugherty Abrams, Dennis Bradley, Steve Cassano, Christine Cohen, Bob Duff, Julie Kushner, Martin Looney and Norman Needleman have all declared their support for the bill.The legislation been referred to the Joint Committee on Public Safety and Security for further consideration.Connecticut toyed with the idea of legalising sports betting last year in the wake of the Supreme Court ruling on PASPA. In August, former Connecticut Governor Dannel Mallot said that he was open to discussing plans with lawmakers to legalise sports wagering before the end of 2018.However, initial talks with two Native American tribes over regulations broke down and the state was forced to wait until this year’s legislative session began on January 9. Ned Lamont replaced Mallot as Governor at the opening of the session.Connecticut actually passed a law in July 2017 to legalise sports betting if the federal ban on such activities were to be lifted. However, the state opted not to move ahead with the plans due to uncertainties over whether this would infringe on tribal operators’ rights. The Mashantucket Pequot and Mohegan tribes currently hold exclusive rights to offer casino gambling in the state, and the compact between the tribes and the state would have to be amended for any form of sports betting to launch.Image: Matthew Hester Email Addresslast_img read more

MansionBet pens sponsorship deal with Ultimate Boxxer

first_img Online casino and sportsbook operator MansionBet has entered a sponsorship deal with UK boxing series Ultimate Boxxer.MansionBet will serve as the official headline partner of a number of upcoming Ultimate Boxxer events, including fights that will be shown live on BT Sport.Last week, Ultimate Boxxer announced a new media rights agreement with BT Sport, under which the pay-television broadcaster will show a minimum of five fights in the UK and Ireland. Coverage will begin with Ultimate Boxxer III: The Middleweights on May 10.“This is a tournament that has grown in popularity and being shown on BT Sport on prime time is a testament to that,” said Mansion Group managing director and chief operating officer Shelly Suter Hadad.“We are thrilled to be supporting Ultimate Boxxer again and encouraging boxers who can compete and gain exposure on such a massive platform.”The operator already has a relationship with the series, having sponsored the Ultimate Boxxer II: The Light-Heavyweights event in November last year.Ultimate Boxxer founder, Ben Shalom, added: “We’re delighted to be working with MansionBet for the next shows on BT Sport. They have supported our vision from the very beginning, which has now progressed into new exciting territory.”Image: Kristin Wall Online casino and sportsbook operator MansionBet has entered into a sponsorship deal with UK boxing series Ultimate Boxxer. MansionBet will serve as the official headline partner of a number of upcoming events. 25th March 2019 | By contenteditor AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Topics: Marketing & affiliates Sports betting Email Address Tags: Online Gambling MansionBet pens sponsorship deal with Ultimate Boxxer Regions: UK & Ireland Subscribe to the iGaming newsletter Marketing & affiliateslast_img read more

Tackling new verification regulations without impacting customer experience

first_img The move towards responsible gambling and stricter regulations means knowing your customer is more important than ever. But for operators, that’s easier said than done. Guidance is unclear – so  what CDD measures do you need to perform and when, and how do you do it without scaring off your customers? Email Address Tackling new verification regulations without impacting customer experience Topics: Uncategorized Subscribe to the iGaming newsletter 8th April 2019 | By Uncategorized The move towards responsible gambling and stricter regulations means knowing your customer is more important than ever. But for operators, that’s easier said than done. Guidance is unclear – so  what CDD measures do you need to perform and when, and how do you do it without scaring off your customers?Watch this webinar to hear from Christina Thakor-Rankin, Principal Consultant at 1710 Gaming and James Baston-Pitt, Sr. Business Development Manager at Onfido, to learn about new regulations and how to tackle them, including:- Age verification– Money laundering and POCA– Multi-accounting and ID rental– Gamstop and responsible gamblingThis webinar took place on Wednesday 17th April 2019 at 15.00 BST. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitterlast_img read more

Loto-Québec sees igaming contribution grow in 2018-19

first_img Tags: Mobile Online Gambling Regions: Canada Quebec Bingo AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 14th June 2019 | By contenteditor Loto-Québec sees igaming contribution grow in 2018-19 Canadian provincial lottery operator Loto-Québec has reported a 3.1% year-on-year increase in revenue to CAD$2.83bn (£1.68bn/€1.89bn/US$2.12bn) for its 2018-19 financial year, with the contribution from its igaming offering growing to $105.4m.For the 12 months ended March 31, 2019, Loto-Québec’s gaming establishment business, comprising gaming machines in bars alongside gaming, bingo and Kinzo halls, generated revenue of $979.5m, down 0.2% from the prior year.Loto-Québec president and chief executive Lynn Roiter attributed this to lower revenue from the network of machines in bar and restaurants, following a drive to reduce video lottery terminal (VLT) numbers across the operator’s network. Completed in December 2018, this saw the number of devices in service across the province reduced below 9,900.The lottery business was the second-largest source of revenue, with the year’s total of $955.7m representing an 8.7% year-on-year rise. The division had a “remarkable” year, Roiter said, as a result of high jackpots offered on the Lotto Max game, and supported by growth in betting and instant win games.Draw based game revenue rose 8.0% to $752.3m, with instant win games contributing a further $172.3m (up 12.9%). Sports betting, meanwhile, saw revenue increase 7.9% to $31.1m.Read the full story on iGB North America. Canadian provincial lottery operator Loto-Québec has reported a 3.1% year-on-year increase in revenue to CAD$2.83bn (£1.68bn/€1.89bn/US$2.12bn) for its 2018-19 financial year, with the contribution from its igaming offering growing to $105.4m. Subscribe to the iGaming newsletter Topics: Casino & games Finance Lottery Sports betting Bingo Email Addresslast_img read more

Football Fortune by RTG Slots

first_img23rd July 2019 | By Aaron Noy Football Fortunes is a 5×3-reel, 50-fixed-line, high-volatility slot game with very volatility, free games, a Penalty Kick Bonus features and a highest payout award of 25,000 times bet per line, maximum win capping for per spins is 50,000 bet per line. Casino & games AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Football Fortunes is a 5×3-reel, 50-fixed-line, high-volatility slot game with very volatility, free games, a Penalty Kick Bonus features and a highest payout award of 25,000 times bet per line, maximum win capping for per spins is 50,000 bet per line.Your players can play in Rhino Mode or Fortune Mode each with different treats and tweaks! And extra Scatters on all reels during free games will grant them a prize-full Penalty Kick Bonus!You can download the First Look Games affiliate pack for this game here! Topics: Casino & games Slots Football Fortune by RTG Slots Email Addresslast_img read more

Operators face margin pressure from FDC price hike

first_img An increase to the price of English and Scottish football data in the wake of Genius Sports Group’s exclusive partnership with Football DataCo (FDC) is squeezing operators’ already tight margins further.Multiple sources have confirmed to iGamingBusiness.com that the price of data from the Premier League, English Football League and Scottish Professional Football League has been raised to between 7.5% and 15% of gross gaming revenue.The 15% GGR fee is only for the largest operators, and that price is capped after a certain threshold. However, bookmakers told iGB that this cap only benefits top-tier businesses, leaving smaller companies facing a significant increase in costs.In May this year, Genius Sports secured a landmark deal with FDC, granting it exclusive rights to collect, license and distribute live data from the UK’s leading football competitions. The agreement was described by Genius Sports chief executive Mark Locke as “transformational” for the business. However industry sources iGB spoke to offered contrasting views on the success of the agreement to date. While some suggested it was performing well commercially, others suggested higher prices would deter smaller businesses from striking supply deals.One person, speaking on the condition of anonymity, suggested a deal with at least one major operator was close being announced.Genius was unwilling to comment on the matter at this time.It is worth noting that while other suppliers charge significantly less – Sportradar is reportedly charging 1.5% of GGR for access to its National Football League data feeds – the FDC data covers eight professional football leagues, rather than one. The decision to award Genius Sports exclusive rights to the FDC data has proved controversial, especially as the agreement does not any include a provision for sub-licensing agreements. 
Sportradar, which also refused to comment on the matter, previously claimed that the lack of a sub-licensing provision infringes on European Union and UK competition law.Genius Sports, however, maintains that it will consider sub-licensing the scouting rights, but is currently focused on securing agreements with operators. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Email Address Operators face margin pressure from FDC price hike Regions: UK & Ireland Tags: Mobile Online Gambling OTB and Betting Shops 11th October 2019 | By contenteditor An increase to the price of English and Scottish football data in the wake of Genius Sports Group’s exclusive partnership with Football DataCo (FDC) is squeezing operators’ already tight margins further. Topics: Sports betting Tech & innovation Sports betting Subscribe to the iGaming newsletterlast_img read more

Washington sports betting bill clears House

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Topics: Casino & games Legal & compliance Sports betting Tribal gaming The Washington House of Representatives has voted through a bill that would legalize land-based and online sports betting in the state, with the tribal-focused legislation now set to move forward to the Senate. Regions: US Washington 17th February 2020 | By contenteditorcenter_img The Washington House of Representatives has voted through a bill that would legalize land-based and online sports betting in the state, with the tribal-focused legislation now set to move forward to the Senate.House Bill 2638 cleared the House by a vote of 83-14, and is now with the Senate Labour and Commerce Committee for further debate and discussion.The bill, along with its companion Senate Bill 6394, would permit in-person sports wagering at tribal casinos and cardrooms, as well as mobile on-premises betting.Players would, according to the legislation, be able to bet on any professional sports or athletics event, as well as collegiate sports, the Olympic Games and other international competitions.While the current version of the bill does include language related to licence fees and tax rates, it does not set out how much operators would pay should it come into effect.Read the full story on iGB North America. Email Address Casino & games Washington sports betting bill clears Houselast_img read more

Canadian lawmaker makes new single-event betting push

first_img Regions: Canada Canadian Conservative Party Member of Parliament Kevin Waugh is sponsoring a bill that aims to legalize single event sports betting across the country. The private member’s bill, which was filed yesterday, aims to repeal paragraph 207(4)(b) of the Canadian Criminal Code to allow gambling operators to offer betting on a single sport event or athletic contest. Currently the Criminal Code states that only bets on at least three games or more are legal.Bill C-218, also known as the Safe and Regulated Sports Betting Act, aims to repeal this restriction, and to allow provincial and federal governments to tap into an illegal market Waugh estimated to be worth around CAD$14bn. “Let me be clear that single-event sport wagering already exists in this country, and if members do not think so, they are behind the curtains,” Waugh said when introducing the bill. “The Canadian single-event sport wagering industry is worth over $14 billion, but most of it, 95% of it, exists underground on the black market or through offshore websites.”Read the full story on iGB North America. 26th February 2020 | By contenteditor Canadian lawmaker makes new single-event betting push Canadian Conservative Party Member of Parliament Kevin Waugh is sponsoring a bill that aims to legalize single event sports betting across the country.  Tags: Mobile Online Gambling OTB and Betting Shops AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Legal & compliance Topics: Legal & compliance Sports betting Subscribe to the iGaming newsletter Email Addresslast_img read more