Tag Archives: New Jersey

Winning Post: US stats show all the signs of being over-stretched

Having reviewed the monthly revenue stats of US wagering’s current ‘big-3’ states New Jersey, Pennsylvania and Michigan. Regulus Partners warns that bonus-inflated metrics are not an effective measure to gauge the total addressable market (TAM) of a disrupted US gambling marketplace… September marks a seasonal return of US sports as well as a Northern hemisphere seasonal uplift in igaming activity. …

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Clever Advertising: The ‘lean’ buying method to maximise CIS opportunity

CIS

Our job is to actively listen to the market and act on it, said Marcos Oliveira, CCO at Clever Advertising – a ‘lean’ performance media agency with a balanced business model helping sportsbook and casino operators to identify the best affiliate sites to maximise their media investment, including for emerging markets across the CIS region. SBC: First of all, can …

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What to expect when entering the US market: unpacking the benefits and challenges

US market

2021 heralds a new era for iGaming in the US market. To call it a “gold rush” is probably an understatement; online casino, sportsbook, daily fantasy sports, and esports betting brands around the world have embraced the enormous opportunity that arose when the federal ban on online gambling was lifted in 2018. The race for supremacy is on. Despite having …

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BetBuilder: The perfect entertainment backup for Euro 2020

BetBuilder

We sat down with Malte Hegeler, Head of Product Development at OddsMatrix – the sportsbook platform for EveryMatrix. He explained how he sees the development of sports betting and the technology behind it in a future shaped by accelerated digitalisation. SBC: It’s been more than a year since the pandemic took the world by surprise, changing so many things including …

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Getting regulation ready for the US – Navigating the process of platform certification for the online market

platform

The speed at which you can get to market with a certified platform has become a crucial talking point for igaming operators as more US states open their doors to regulated gambling. We spoke to Daniel Files, Technical Compliance Business Director at Gaming Innovation Group (GiG), to get a better feel for the time and resources involved with certifying a …

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Martin Lycka: The Empire State asks ‘How About Sports Betting?’

Entain’s Senior Vice President of US Regulatory Affairs & Responsible Gambling Martin Lycka checks his playbook as New York State drives for the mobile betting end zone.  “How about sports betting?”; could these four simple words uttered by NY State Governor Andrew Cuomo at a December press conference be an auspicious sign of things to come as regards regulation of mobile sports betting in the Empire State?  Some would argue …

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EveryMatrix files application for New Jersey gaming licence

New Jersey

EveryMatrix has applied for a licence with the New Jersey Division of Gaming Enforcement (DGE) to supply casino operators in the Garden State through its iGaming integration platform and gaming aggregator, CasinoEngine. The technology provider has filed an application to service the state where gross gaming revenue (GGR) for online casino is approaching $1 billion for 2020, including a record …

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PlayUp Australia raises $25m to begin US journey 

Sydney-based sportsbook and fantasy sports operator PlayUp has secured $25 million through the completion of an oversubscribed capital placement.  PlayUp said that it has secured the $25 million funding on terms related to a ‘non-renounceable entitlement offer’ underwritten by Investorlink Securities AFS, which the company will use to launch its US wagering proposition. Targeting expansion within the $17 billion US …

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Playtech’s ‘interrupted Snaitech’ bears brunt of COVID-19 disruptions

Playtech Plc will trade with caution for the remainder of 2020, as its business units emerge from a ‘disrupted period’, with its corporate outlook dependent on further COVID-19 outcomes.    Publishing its 2020 interim results (period ending 30 June), Playtech recorded a 23% drop in corporate revenues to €564 million, (H1 2019: €728m) as the FTSE250 technology group absorbed a series …

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Playtech eyes US acceleration following NJ approval

Playtech has been granted regulatory approval by New Jersey’s DGE, allowing the technology group to provide casino product services to state licensed incumbents.  The FTSE250 technology group will launch its casino products in the Garden State, servicing long-term partner bet365’s transactional waiver with the Hard Rock Atlantic City property. Securing its DGE approval, Playtech detailed that it is actively seeking …

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