North America

North American news

All eyes on Capitol Hill as Chris Christie seeks Supreme Drop of PASPA

SBC News All eyes on Capitol Hill as Chris Christie seeks Supreme Drop of PASPA

Today, US Supreme Court Justices’ will hear initial ‘oral arguments’, put forward by New Jersey officials seeking to repeal provisions of 1992’s ‘Professional and Amateur Sports Protection Act (PASPA)’. New Jersey continues its decade-long battle to implement ‘state-licensed sports betting’, which had been previously rejected in 2015 by the US Justice Department. Arguing that PASPA regulations interfere with US states’ …

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Business Briefs – featuring Christmas cheer, profits and parties

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The round up includes news of a fresh UKGC license being granted, Australian and American full year and Q3 results and Christmas promotions getting underway as the festive season begins. Aristocrat posts positive results A record revenue figure of $2.45bn has been announced by Aristocrat in its full year results, a 15.3% increase from the $2.1bn shown for the previous …

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Aristocrat ups Social portfolio acquiring $990 million Big Fish Games from Churchill Downs

SBC News Aristocrat ups Social portfolio acquiring $990 million Big Fish Games from Churchill Downs

Australia ASX100 gambling technology supplier Aristocrat Gaming has strengthened its position within the social gaming sector, acquiring Seattle-based Big Fish Games from US racing operator Churchill Downs for a reported $990 million (£735 million) cash transaction. The acquisition sees Aristocrat expand its Social Gaming portfolio, having acquired Israeli games studio Plarium Gold last August for $500 million. Updating investors, Trevor …

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Pollard Equities exercises options in NYX as Scientific Games undertakes shareholding takeover

SBC News Pollard Equities exercises options in NYX as Scientific Games undertakes shareholding takeover

Issuing a market update, Canadian gambling investment firm Pollard Equities has moved to increase its stake in Toronto TSX-listed gaming/betting technology firm NYX Gaming Group. Pollard Equities the majority owner of lottery tickets supplier Pollard Banknote has executed the right to purchase 4 million fixed priced warrants/options of NYX Gaming’s ordinary shares. Detailing the transaction, Pollard will pay a fixed price …

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Intralot posts ‘steady’ 2017 trading eyeing new contract growth

SBC News Intralot posts 'steady' 2017 trading eyeing new contract growth

Presenting its year-to-date trading statement (period ending 30 September), Athens-listed industry gaming and lottery systems supplier Intralot SA has reported a strong corporate momentum, as the company reports growth across its core metrics. For its YTD performance, Intralot reports a consolidated group revenue increase of 13% to €1,085 billion. The company reported a strong Q3 sales performance in the US, …

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Jackpotjoy secures new £385 million loan facility targeting long term group savings

SBC News Jackpotjoy secures new £385 million loan facility targeting long term group savings

Updating the market, London-listed online gambling group Jackpotjoy Plc has confirmed that it has secured a £385 million senior secured loan with additional access to a new revolving credit facility. Refinancing its organisation, Jackpotjoy governance will gain access to a £375 million senior loan, with a further £13.5 million made available to the operator via a Revolving Credit Facility. Jackpotjoy …

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No Standstill… Scientific Games acquires 11% of NYX Gaming shares

SBC News No Standstill… Scientific Games acquires 11% of NYX Gaming shares

Issuing a market note, Nasdaq-listed gambling technology group Scientific Games Corporation (SGC) has moved to acquire 11.6 million ordinary shares in acquisition target NYX Gaming Group. The transaction represents approximately 10.72% of NYX’s current shareholding, with SGC governance paying CAD$2.22-2.35 per share, representing a purchase price of circa CAD $27 million (£18 million). Further to today’s share purchase transaction, SGC governance …

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Dmitry Starostenkov – EvenBet Gaming – Raising the bar in daily fantasy sports

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Earlier this year EvenBet Gaming unveiled its new daily fantasy sports (DFS) product, with the feature packed turnkey solution designed to break new ground within the vertical. Dmitry Starostenkov, CEO of EvenBet Gaming, has been speaking to SBC about what makes the online gaming software developers DFS product stand out from the crowd, developments that it has been going through …

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Business Briefs – featuring Unicef, the Ponca Tribe and NetEnt

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This round up features controversy over the prolonged construction of a new casino in the United States, a Northern Irish publican appealing the court’s decision that he isn’t fit to hold a licence and a Maltese DFS summit, amongst others.  Charity lottery launched in Scandinavia Zeal Group and Unicef have teamed up to launch Norway’s first digital only charity lottery, …

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