Tag Archives: PASPA

Intralot records revenue growth but increased debt for Q1 2018

Athens listed gambling technology and lottery systems supplier Intralot recorded solid revenue growth for its Q1 2018 trading.  The firm reports a modest gross gaming revenue (GGR) increase of 2.5% for Q1 2018, which was further complemented by solid revenue (+12.7%) and EBITDA growth (+15.6%), while group revenues rose by 4.3% in Q1 2018 compared to the previous period of 2017. …

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Flexible Kambi platform drives major UI upgrade on LeoVegas

LeoVegas Championship

LeoVegas has overhauled the user interface (UI) on its sportsbook by using a new open API from Kambi, the operator’s sports betting supplier since its June 2016 launch. Kambi’s open APIs enable its customers to build on top of the sportsbook platform, affording them the key ability to innovate and differentiate in the market. LeoVegas has taken this “unique opportunity” …

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Metric and Nektan to provide turnkey US sports betting solution

Metric - Copyright: varijanta / 123RF Stock Photo

Metric Gaming and Nektan have joined forces to provide a turnkey horse racing and sports betting solution for the US market. These services will be offered through the Rapid Games™ platform from Respin LLC, Nektan’s US operating subsidiary. Rapid Games is the US casino gaming industry’s only independently certified Class II and Class III On-Premises mobile platform. Integrating to Rapid, a server-based …

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SBC coming to America with Betting on Sports conference

America

Sports betting specialist SBC Events, organiser of global conferences Betting on Football and Betting on Sports, is bringing its expertise to America in order to help the gambling industry explore the opportunities afforded by the Supreme Court’s repealing of PASPA restrictions on the betting industry. Betting on Sports America is a two day conference which will be held on 24-25 …

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NFL’s Roger Goodell sets out ‘4 Key Principles’ for US betting

NFL Chief Commissioner Roger Goodell has issued an official statement, on the pro-league’s position with regards to US betting, following last week’s Supreme Court repeal of PASPA’s federal mandate. Goodell and the NFL have been amongst the staunchest opponents of US licensed sports betting, defending the league’s anti-gambling stance on the basis of protecting the sport’s integrity and preventing harm to …

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Mark Frissora – US Betting is in-tune with Caesars comeback

Speaking to CNBC News, Mark Frissora Group President & CEO of Caesars Entertainment has stated that his firm is reviewing all options with regards to competing within a US state-licensed sports betting framework. Frissora and Caesars’ executive team welcomed ‘with excitement’, last week’s groundbreaking Supreme Court repeal of PASPA’s federal mandate, which will open US licensed sports betting. Caesars leader …

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SBTech aids Churchill Downs’ US iGaming & sports betting entry

US - Copyright: stillfx / 123RF Stock Photo

Announcing its entry into real money online gaming and sports betting markets, Churchill Downs Incorporated (CDI) has penned a strategic partnership with SBTech to utilise the firms integrated technology platform. The move will see SBTech supply a US facing iGaming platform allowing CDI to manage both its sports wagering and iGaming operations, in the aftermath of the US Supreme Court’s …

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Sportradar allays fears as sports betting moves out of the shadows

Sportradar - Copyright: imilian / 123RF Stock Photo

The Deputy President for Sportradar US has predicted a chaotic post-PASPA period, as the sports betting market prepares for an estimated $190 billion in annual activity to come “out of the shadows”. Dr. Laila Mintas stressed that the benefits of legal sports betting in the US far outweigh “misperceived fears and unfounded concerns”, but acknowledged that because every state’s approach …

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NCAA and Genius Sports link-up in PASPA aftermath

Genius Sports and the National Collegiate Athletic Association (NCAA) have announced a “landmark initiative,” which is designed to transform the digital collection and distribution of intercollegiate sports data, following SCOTUS’ landmark decision on PASPA. Further to its development, promotional, and technical support for data software, Genius Sports is to also serve as the NCAA’s exclusive agent in licensing real-time official …

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Home Run… Chris Christie achieves lifetime goal as PASPA is finally beaten

Yesterday’s Supreme Court ruling to overturn PASPA’s federal mandate sees former New Jersey Governor Chris Christie complete a career-defining goal. Christie tweeted his delight at yesterday’s Supreme Court repeal of Paspa. A great day for the rights of states and their people to make their own decisions. New Jersey citizens wanted sports gambling and the federal Gov’t had no right …

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