Verizon Considering Sports Betting Move

According to Bloomberg reports, US telecommunications giant Verizon is considering a move into the sports betting market

This news follows Verizon ’s 2017 purchase of Yahoo, which included its fantasy sports business. Sources say the telecommunications firm has already consulted expertise to assess the feasibility of a potential expansion, in the event of US regulatory developments.

As things stand, Nevada is the only US state that allows sports betting, but the state of New Jersey is currently challenging the Professional and Amateur Sports Protection Act (PASPA). This could potentially open up the market to more US states, and the ongoing case will likely be a major factor in Verizon’s eventual decision.

Bloomberg’s sources remain unnamed, but their coverage did feature a quote from Verizon chief financial officer Matt Ellis, outlining potential changes.

“There are some changes coming that we pay attention to; we stay close to that to see how it would affect our asset and how we may choose to respond,” Ellis said.

“I’ve not looked at anything in detail; if someone has an idea around it, I’ll look at it like any other. We are not getting ahead of ourselves there.”

According to Bloomberg’s sources, Verizon had already considered a similar expansion in the past, but balked in the face of casinos’ dominance of the market at the time.

Under PASPA, it is illegal for governmental entities to sponsor, operate, advertise, promote, licence or authorise betting, gambling or wagering schemes that are based on games played by amateur or professional athletes.

The US Supreme Court has begun preliminary proceedings on the New Jersey case, but a final decision is not likely to be handed down until June.



SBTech Wins in Sports Betting Supplier of the Year

SBTech Strengthens Market Position In Italy With Win In Sports Betting Supplier Of The Year Category At EGR Italy Awards 2017.

SBTech, the leading sports betting solutions provider for regulated markets, has once again strengthened its position in a key regulated market by winning the Sports Betting Supplier of the Year category at the EGR Italy Awards 2017 ceremony held in Rome on Monday evening.

SBTech‘s sportsbook solution was rewarded for the innovation, commercial success and positive feedback it has received since launching in Italy in with in 2016.

SBTech’s partnership with has seen it grow its market share and establish itself in this most competitive and dynamic regulated market.

Luca Desideri, Country Manager for SBTech Italy, commented, “There is no greater form of recognition than when it comes from your peers. To win this award after our first year in this market is testament to the dedication of both of our team and the team at Furthermore it highlights the success of our strategy and approach in a regulated market which is, technically speaking and regulatory-wise, one of the most complicated and competitive in the world.”

SBTech’s Italy platform includes a fully responsive user interface allowing for a seamless player experience across desktop, mobile and tablet, which plays a key role in providing localised offers to players worldwide.

Relive the highlights from our last show and stay tuned for this year’s SiGMA. Watch out for what we’re branding as the ‘iGaming Village’ this year.

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SBTech Wins CEEGC Award

SBTech Wins Best Overall Sports Betting Software Provider CEEGC Award

SBTech strengthens leadership position in Central and Eastern Europe with Best Overall Sports Betting Software Provider award at 2017 CEEG to add to 2016 win in same category.

Sports betting solutions and igaming platform provider SBTech has strengthened its market lead-ing position by winning the award for Best Sports Betting Provider at the 2017 Central and East-ern Europe Gaming Conference (CEEGC) for the second year running.

The CEEGC award for Best Overall Sports Betting Software Provider makes it a double in two years for SBTech as the company walked away with the prize in 2016. The award is also a demonstration of the market-leading qualities that have made SBTech the fastest growing bet-ting and igaming solutions provider in the sector; as shown by its recent agreement to launch with Sky Bet in the German market.

Richard Carter, chief executive of SBTech, commented: “The Central and Eastern European markets are vital in terms of realising our vision of providing software and services in every regu-lated market and we are absolutely delighted to have won the award for Best Sports Betting Pro-vider at the 2017 CEEG. As a company we’re very proud that the quality and depth of our prod-uct is recognised in this way and we look forward to expanding further in the region.”

The 2017 CEEG conference took place in Budapest this week, with the awards voted on by the attending delegates. SBTech’s chief commercial officer Andrew Cochrane gave a key note presentation on the omni-channel player journey.

Zoltan Tundik, founder and organiser of the CEEG, added: ”As the winner of the Overall Sports Betting Software Provider category, SBTech was voted for by almost 72% of CEEG delegates, which shows just what an overwhelming choice it was for the award. We were really honoured to see all the major brands shaping the industry present at the conference and the awards ceremo-ny and look forward to building on this key event for the region.”

Relive the highlights from our last show and stay tuned for this year’s SiGMA. Watch out for what we’re branding as the ‘iGaming Village’ this year.


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VSoftCo and Infinity Gaming Solutions sign partnership

Virtual sports betting products developer VSoftCo has signed a multi-year deal to integrate their portfolio of virtual football content and casino-based table games onto Infinity Gaming Solutions.

Along with all their virtual football products, the agreement also includes the first integration of VSoftCo’s VStriker which is a joint venture between VSoftCo and Striker comic strip which was first published in The Sun newspaper back in 1985.

Chief Commercial Officer at VSoftCo, Simon Westbury spoke on the partnership saying: “This partnership is very exciting for VSoftCo as we continue to sell the VStriker Brand and expand our distribution of football based casino content. Infinity’s state of the art gaming platform is very impressive and we look forward to a long and successful partnership.”

Tina Rawlinson, Director at Infinity Gaming Solutions also commented:  “I am delighted to welcome VSoftCo as the latest content partner on Infinity’s platform. VSoftCo’s innovative virtual sports game suite has significant player appeal and will add another exciting vertical to our own Midaur casino experience and our white label/platform partner offering. We look forward to continuing and growing our close working relationship with the VSoftCo team.”

Betting on Football 2017, the largest sports betting industry event which will be held between the 3rd-5th May has confirmed VSoftCo as a sponsor. VSoftCo’s Simon Westbury is scheduled to speak at the event on the virtual panel alongside Golden Race and Leap Gaming representatives.

Have you attended SiGMA last year? Relive the highlights from our last show and stay tuned for this year’s SiGMA. Watch out for what we’re branding as the ‘iGaming Village’ this year.

Betgenius and initiate marketing partnership

Leading provider of data-driven software to the regulated sports betting sector Betgenius and Italian gambling operator have entered into an agreement in a move to boost player engagement and cut acquisition costs.

The partnership will offer a contextual advertising experience by working with SkyBet’s digital partner pay-television broadcaster Sky Sport Italia.

Based on the exact content they are viewing across the platform’s football coverage, visitors to the Sky Sport Italia website will for the first time receive relevant betting suggestions from Media and Partnership Manager Davide Magni stated: “At Sky Bet, we are committed to offering a superior experience to our customers. We think that this deal will help us boost our acquisition and, even more, increase customer retention through the provision of relevant information and added value.”

Jack Davison, Managing Director at Betgenius added: “This deal is another example of how Betgenius creates innovative digital marketing solutions that boost engagement and drive down acquisition costs. Highly targeted, relevant marketing is very much the future and we are excited to partner to help grow its sportsbook with this service.”

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Paddy Power Betfair Enhances their Customer Data Protection with Balabit

Paddy Power Betfair the FTSE-listed sports betting group has made a decision to bolster their customer data security and regulatory compliance provisions by expanding their horizons to include security intelligence specialist Balabit’s Shell Control Box (SCB)

This integration of the SCB monitors ‘privileged access’ to operator’s platform at the same time enhancing the security and flexibility of its product development processes.

This SCB monitoring system meets all industry regulatory bodies compliances and allows comprehensive session recording that provides full assurances that all developers activities are monitored, accountable and traceable.

Head of Security Compliance and Assurance at Paddy Power Betfair Vasile Dorca commented on the partnership saying:  “We are really impressed with the quality and features available within Shell Control Box; it fulfilled all the important criteria we had in terms of a fast implementation, easy configuration, reliable logging and transparency for users.”

CEO of Balabit Zoltán Györkő was pleased to welcome Paddy Power Betfair as a new partner: “We’re delighted that Paddy Power Betfair has selected Balabit’s Shell Control Box to support its product development processes.

“We’re committed to delivering solutions which provide a real return on investment and meet today’s increasingly compliance-driven security requirements. Shell Control Box brings strong levels of security along with improved usability and flexibility so that organisations have the assurances that privileged user activity is fully audited, to fully protect their own customer’s data.”

Betcade Launches First Gambling Mobile Payments Solution

The world’s first Android app store for real money gambling, Betcade, has announced the launch of Betcade Pay – the first mobile payments solution built and optimised for gambling customers.

The fast, secure, and easy-to-integrate service is now available for integration to gambling operators, requiring the fewest steps to deposit out of any solution on the market.

By the first quarter of 2017, Betcade Pay will begin to process UK consumers on Visa and MasterCard, which is available both with and without charge-back protection and bank transfers.

As the service launches across Europe, it will host over 50 global payment methods by the end of the first quarter, continuously adding more methods throughout 2017.

Betcade CEO David Chang commented: “We’ve been working closely with operators and others in the industry all along to develop our product, roadmap and business model. Numerous operators are very positive on the payments component and have been asking to use the technology separately, so we have decided to make Betcade Pay available as a distinct product.

“Not only will it help facilitate payments for both operators and users, Betcade Pay will help drive higher KPIs as well as offer competitive pricing structures for operators the world over.”

Chairman of Gamevy, Paul Dolman-Darrall, added: “The industry’s been crying out for a payments facilitator like this. Not only does it support our business goals, it is easy to integrate, offers a seamless and safe payment process for customers, and enables us to offer something that no other payments facilitator in the world can.”

Betcade Pay is an FCA-licenced payment institution in the UK, as well as PCI compliant, and it securely stores all personal identifiable information within the EU. As a payment facilitator, all payments made are passed onto the operators themselves immediately, allowing them to have full anatomy with their loyal and trusted users.

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Playtech Appoints Armin Sageder as New Playtech BGT Sports CEO

Gambling software development company Playtech has announced that it has appointed Dr. Armin Sageder as CEO of Playtech BGT Sports.

The new division brings together Playtech Sports companies – BGT, Geneity, Unilogic, Mobenga, and Playtech’s internal Sports Trading team, and has over 600 employees based in Nicosia, Malmö, London, Vienna, Bremen, and Sofia.

Reporting to Playtech CEO Mor Weizer, Sageder will take responsibility for all business and customer relations of Playtech BGT Sports, and establish and lead a team to manage the division.

Not only did the new CEO found the online payments company Paysafecard, but he also founded BGT in 2005. Earlier this year, Sageder and his co-shareholder sold a large number of their shares to Playtech. He will remain a 10% shareholder of the Playtech BGT Sports division.

Commenting on his new position, Sageder said that he is very excited about the opportunity, adding: “When combining the BGT team spirit together with the extensive know-how and knowledge of all the great talent that exists across Playtech, we have the opportunity to create a powerhouse for the benefit of our clients and their customers.”

He explained that by doing so, they will invest further in their platforms, products, offering and services and will provide customers with a truly enhanced betting experience and maximize the benefits for their licensees.

He went on to say: “Furthermore, we will continue to provide operators with the expertise and capabilities they expect from Playtech and BGT as well as the relevant tools in order to allow them to differentiate their customer propositions and achieve their strategic goals.”

Weizer also commented: “I am delighted that Armin has accepted this role and I strongly believe he is the best person to take our sports offering to the next level together with the talent we have internally.

“Playtech BGT Sports will provide leading sports betting operators with best-in-class platforms and products as we well as a series of unique Omni-channel solutions that we believe will continue to revolutionize retail and online betting businesses alike.”

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Ladbrokes, Coral and Betfred Offer Bets into HKJC Pools

Following an agreement between Hong Kong Jockey Club (HKJC) and the UK Tote, Ladbrokes, Coral and Betfred customers in the UK will now be able to place bets on the pari-mutuel pools in Hong Kong.

The operators will accept bets both online and in betting shops for the tote pools, although fixed-odds betting will not be available. The live broadcasts will be distributed by SIS.

HKJC’s Executive Director Richard Cheung commented: “Given its tremendous legacy in the sport of horseracing, it is a great pleasure to welcome the UK to our expanding list of co-mingling jurisdictions.

“While we are certain that UK racing fans will be attracted to the world-class racing, especially with our Longines Hong Kong International Races looming on Sunday, December 11, our midweek racing, often at Happy Valley, is a perfect midday option for customers.”

The HKJC anticipates making more agreements with UK operators within the coming months. Commenting on this, the co-mingling director George Irvine said: “A high street presence is a must in the UK market, and this agreement will enable some of the world’s finest racing fans to participate in the excitement of Hong Kong’s competitive racing.

“This deal ensures Hong Kong racing will be available in thousands of retail betting outlets, while future agreements we are finalising will enable delivery direct to millions of UK households. Meanwhile, the placement of Hong Kong race cards in the Racing Post will reliably inform punters in a familiar style.”

Ladbrokes is also currently showcasing at Malta’s biggest gaming event of the year – SiGMA16. If you’re interested in joining us this week till this Saturday 19th November, click here to register now.

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LeoVegas Publishes Strong Third Quarter Results

Swedish mobile gaming company and online casino provider LeoVegas has announced its third quarter report ending 30th September, posting its highest ever revenue so far of €39.7 million, up 76% year-on-year.

The Nasdaq First North-listed company reported EBIDTA of €9.8 million – a margin of 25% – attributed to reducing its marketing-to-revenue ratio from 60% to 36% over the quarter, as planned in the company’s second quarter report earlier in the year.

With deposits from customers reaching €39.7 million – an increase of 87% compared to the 23% in the second quarter – the growth is considered to be entirely organic.

Gross profit for the third quarter increased to €31.1 million, corresponding to a gross margin of 78.3%.

Announcing its long-term goals, LeoVegas said that it is determined to reach €300 million in revenue by 2018. The operator also wants to achieve an EBIDTA margin of 15% within the same year.

LeoVegas CEO and Co-founder Gustaf Hagman commented: “The launches of LeoVegas Sport and LeoVegas Live Casino have laid the foundation for strong growth in new customers and gave us considerable momentum into the autumn and third quarter.”

LeoVegas will also be showcasing at Malta’s biggest upcoming gaming event of the year next week between the 16th and 19th of November. If you’re interested in joining SiGMA16, click here to register.

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