North America

Sportech closes year of US realignment recording £2.4 million loss

London-listed racing and wagering systems supplier Sportech Plc has published its full-year 2018 results, detailing a year of corporate adjustments as the company continues to pursue its US growth prospects. Updating the market, Sportech records a 4% decline in corporate revenues to £64 million (FY2017: £66 million) having detailed last November that expected sales contracts did not materialise. Despite its …

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Scientific Games fulfils $1 billion 2026 debt note financing

The governance of Nasdaq-listed gambling technology group Scientific Games Corporation (SGC) has confirmed that it has completed its $1.1 billion private note offering, first announced on 6 March 2019. The transaction is aggregate to 8.25% of SGC senior unsecured debt-notes, due for repayment in 2026 at an issue price of 100%. SGC governance intends to use the debt proceeds to …

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USL bolsters integrity muscle with Sportradar

Leading sports data, insights and media rights provider Sportradar has continued to enhance its US profile, after announcing that it has become the lead integrity services/systems supplier for the United Soccer League (USL).   The USL maintains the highest authority for professional men’s soccer in the United States and Canada. Moving forward, all USL syndicated leagues, competitions and matches will be …

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William Hill US backs NJ Compulsive Gambling Council with $50,000 donation

William Hill US’ executive team has confirmed that it has donated $50,000 to the New Jersey Council of Compulsive Gambling, as the bookmaker expands its ‘Nobody Harmed’ corporate directive beyond UK shores. The NJ Council of Compulsive Gambling seeks to broaden its problem gambling treatment and awareness capacities, as the Garden State introduces its first sports betting premises. William Hill …

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LC Tech: Giuseppe Lo Cascio – US expansion opens up the door to engaging with a wider audience

With more and more markets beginning to consider the idea of igaming and sports betting regulation, it is becoming increasingly important for industry stakeholders to consider operating in multiple jurisdictions across the world. This year will see SBC host its inaugural Betting on Sports America which will take place at the Meadowlands Exposition Centre in New Jersey. Among those attending …

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FIS breaks the bank with Worldpay $43 billion transaction

Fidelity National Information Services (FIS) has agreed to purchase global leading payment solutions provider Worldpay Inc for a reported $35 billion (debt not included) transaction, exemplifying the industry shift towards large scale consolidation. The deal will be biggest takeover to date in the payments industry, which will see FIS assume Worldpay’s debt obligations – bringing the total value of the …

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Natural Intelligence stays off the Sidelines with new acquisition

Sidelines

Natural Intelligence has acquired Sidelines, a developer of technological tools for smart comparison of odds, tips and American legal sports bookies. As part of the deal, Sidelines employees will join Natural Intelligence’s 300+ employees in Tel Aviv to oversee the company’s US sports activities. Natural Intelligence operates comparison websites that drive customer acquisition, while Sidelines provides sports analysis, projections, real time odds comparison, injury …

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Webinar launched exploring sports betting partnerships and market access in US

webinar

The Innovation Group and Betting on Sports America are proud to announce the Emerging Leaders of Gaming Webinar (ELG), offering viewers the chance to watch and listen to a selection of the industry’s leading gaming experts discuss some of the key issues that companies face both today and in the future. On Monday 25 March, the ELG will be looking …

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Sky Racing World Launches OZ simulcasting for North America

Tabcorp Holdings’ international racing subsidiary Sky Racing World (Sky World) has announced the launch of an Australian racing High Definition (HD) simulcasting channel for the North American marketing. The launch of the channel marks Sky World’s continued focus on the North American market, with its racing content accompanied by a new customised graphics package for North American clients. David Haslett, President and CEO, …

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IGT posts stable 2018 despite international slowdown

The governance of New York-listed gambling/lottery technology and systems provider IGT Plc has published its full-year 2018 results, underlying marked improvements within its North American lottery division maintained against a tougher international back-drop. Updating the market, IGT reports stable group revenues of $4.8 billion (FY2017: $4.9bn), despite the company recording a tough Q4 2018 closing, in which consolidated revenues declined …

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