Tag Archives: new york

Sky Sports Racing extends US Triple Crown commitments

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Sky Sports Racing has moved to extend its broadcasting rights with US horseracing, after signing a new multi-year deal with NBCUniversal. Holding exclusive rights to the Kentucky Derby, “the oldest continuously held major sporting event in North America,” which will air live in the UK and Ireland, a separate long term deal has also been extended. This sees Sky Sports …

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Marco Sala – Sustainability is best way forward for IGT Group

IGT sheds Italian weight offloading Lottomatica B2C units to Gamenet SPA

Marco Sala Group Chief Executive of International Game Technology Plc (IGT Group) has pledged that his company will continue to push for industry social responsibility, sustainability and diverse citizenship as core corporate dynamics. This week, the New York-listed enterprise published its eleventh ‘Annual Sustainability Report’. The independently audited report details IGT’s ongoing corporate mandate to create long-term value for all …

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Kambi and Rush Street Interactive reach sportsbook agreement

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Kambi has signed a multi-year deal to provide its sportsbook and innovative technology to Rush Street Interactive, following the decision by the United States Supreme Court to fully repeal the country’s federal sports betting ban. Launching within selected states where permitted, the deal covers the provision of online and retail services, in addition to stretching to markets outside of the …

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Global agenda sees Perform Group appoint John Skipper as new Chairman

Sports data, content and media services provider Perform Group has today announced the appointment of John Skipper as new Group Executive Chairman. Skipper the former President of US sports broadcaster ESPN, will lead Perform Group’s governance initiatives, reporting directly to private equity owner Len Blavatnik’s Access Industries. Confirming its new chairmanship, Perform stated that Skipper’s appointment reflected the firm’s corporate …

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Paddy Power prices up Sean Hannity’s FOXhole

Paddy Power Politics has priced ‘4/1 that Sean Hannity will leave his post as a Fox News political commentator in 2018’. The bookmaker opens its new ‘Trump betting’ market, following this week’s New York court disclosure that Hannity was a client of Michael Cohen, President Trump’s personal lawyer who is currently under criminal investigation by federal prosecutors. The Host of ‘Hannity’, …

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AGA speaks out on illegal US sports betting industry

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The American Gaming Association (AGA) has estimated that in excess of $10bn will be wagered by Americans in the upcoming 2018 NCAA men’s basketball tournament. Of that figure, however, only $300m, representing around 3 percent, will be wagered legally through Nevada sportsbooks, with it stated that “failed federal prohibition [is] making common criminals of millions of Americans.” In addition, it …

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Vantiv & Worldpay combine to form Trillion Dollar Baby

The global payments sector is set to be shaken up, as the UK High Court has allowed New York-listed payment processor Vantiv to combine with FTSE100 payments group Worldpay Plc. Last August, leading US payment systems provider Vantiv put forward a £9.3 billion offer to merge with Worldpay, seeking to form the outright leader in servicing global payments for in-store …

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Change of Scene…Nigel Eccles steps down as FanDuel leader

Issuing a corporate statement, New York and Edinburgh based daily fantasy sports operator FanDuel has confirmed that Co-Founder & Chief Executive Nigel Eccles will leave the company.   US tech news sources report that Eccles departs the DFS sector, to focus on a new venture within the burgeoning competitive eSports market. FanDuel governance informs that Eccles will be replaced by …

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IGT write down of North America Interactive unit sees Q3 operating losses of $550m

IGT sheds Italian weight offloading Lottomatica B2C units to Gamenet SPA

Foreign exchange losses combined with a write-down impairment charge of $714 million has seen New York-listed gambling firm IGT Group Plc declare Q3 2017 net losses of $804 million. Publishing its Q3 2017 trading update (period ending 30 September), IGT disclosed a period group operating loss of $556 million, primarily attributed to its $714 million write-down charge of its ‘North …

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