Tag Archives: new york

Hydra gains extension on Inspired Gaming acquisition approach

New York private equity firm, Hydra Industries (Hydra) has confirmed that it has been granted an ‘extension of the date’ by which it must complete its proposed £200 million acquisition of industry virtual games supplier Inspired Gaming Group (Inspired). The private equity firm has been granted until the 29 December to formally process its acquisition offer. Updating deal stakeholders, Hydra Chairman …

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DraftKings and FanDuel must pay $12m for deceptive advertising in NY

Don’t mess with the NY general attorney’s office was the lesson from last night as the details of the settlement agreed with DFS operators FanDuel and DraftKings were revealed. A total of $12m (£9.8m), with an even split of $6m (£4.9m) from each, was the fee for the daily fantasy heavyweights for deceptive advertising practices employed by them last year.   …

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Signed cross-licensing agreement sees IGT & Aristocrat end patent dispute drama

Updating the market, New York-listed gambling technology provider IGT Plc has announced that it has reached a comprehensive cross-licensing agreement with Aristocrat Leisure Limited (Aristocrat). IGT governance confirmed that the agreement would cover intellectual property involving game features and system patents between the two firms. Having committed to the licensing agreement terms, the participating firms have agreed to settle all outstanding litigation …

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Bookies’ Corner – America Awaits…Clinton vs Trump TV Showdown!

Next Monday New York will host the first ‘US Presidential’ TV debate. With nationwide US Election polls tightening, the race to the White House is expected to go down to the wire. SBC’s ‘Bookies Corner’ gets the lowdown on ‘Clinton Vs Trump,’ with just 45 days to go until America hits the polls (8 November), the US Election has become …

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Sportradar nets NBA real-time data & statistics global distribution partnership

The NBA has announced a multiyear global data and statistics distribution agreement with Sportradar and Second Spectrum. Restructuring its data, insights and analysis infrastructure, the NBA will implement a new Sportradar and Second Spectrum developed state-of- the-art league-wide player tracking system. Beginning season 2017/18 the partnership will further see Sportradar become the official ‘Global Distributor’ of real-time NBA league and match …

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Nick Keating takes EMEA lead at BounceX

Former Maxymiser VP Nick Keating has been appointed Director of EMEA for US behavioural marketing and customer analytics software provider BounceX. The ambitious New York based firm, that has been named one of the US fastest growing software providers enters the UK marketing and technology sectors, opening offices in London. Detailing its firm intent on becoming the leading behavioural marketing …

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Back in Town..DFS giants return to New York

Daily fantasy sports (DFS) has returned New York, as the state Gaming Commission this week granted five temporary permits. Under the permits, leading US fantasy sports operators FanDuel and DraftKings will be allowed to resume New York operations immediately ahead of the start of the 2016/17 NFL season (September 8) a key period for the DFS industry. “While the commission …

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IGT confident on 2016 targets following ‘solid’ Q2 corporate performance

Growth in its North American and Italian gambling divisions have helped New York-listed gambling and lottery technology provider IGT post a 48% increase in operating revenues of $171 million for Q2 2016 (Q2 2015: $116 million). IGT governance were pleased to close another ‘solid’ quarter, reporting that the company had sustained its global revenues at $1.28 billion for the period. …

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FanDuel & DraftKings enter crucial week of regulatory hearings

New York legislators have been in advanced talks on the potential legislation of daily fantasy sports (DFS) which could see a conditional bill drafted for the legal/licensed framework of DFS state services. Leading DFS operators FanDuel and DraftKings have been under investigation from New York Attorney General Eric Schneiderman since October 2015, following damaging allegations of misuse of game and …

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