Tag Archives: USA

Scott Longley – Disney shows Daily Fantasy Sports is no Mickey Mouse market

Scott Longley, Editorial Director of Regulus Partners, examines the upheaval in the fantasy sports industry caused by last week’s arrival of Disney.  No sooner had Amaya announced last week its intention to enter the Daily Fantasy Sports (DFS) market in the US, than DraftKings dramatically – and appropriately given the provenance of the competition – raised the stakes. News reports …

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Longitude hits $1bn milestone

Longitude LLC, the inventor and distributor of the Longitude Enhanced Pari-Mutuel System, has announced that it had reached the important milestone of US$1 Billion in customer wagers calculated using the patented Longitude software. Deployed for the calculation of odds on both horse racing and sports, Longitude allows operators that license its software an unprecedented degree of flexibility in the delivery …

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iGaming North America launches awards

iGaming North America, one of the main conferences and exhibitions for the emerging North American iGaming market, has announced it will be running the inaugural iGaming North America Awards during their upcoming event in Las Vegas in April. The awards will be organized in partnership with iGaming Business, The Innovation Group, eGaming Brokerage, Lewis Roca Rothberger and Bola-Verde as well …

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Politics holding up PokerStars in New Jersey

PokerStars’ attempts to get licensed in New Jersey have seemingly come a cropper because of the political ambitions of Governor Chris Christie and the might of anti-online gambling campaigner Sheldon Adelson. Christie has designs on the Republican nomination for the White House and the general consensus is that major donor and Las Vegas Sands owner Adelson will have a huge …

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500.com growth not matching the market

500.com Ltd, the NYSE-listed online sports-lottery operator in China, has reported a 44% drop in operating profit and warning that ticket purchases may decline further this quarter. Founder, Chairman and Chief Executive Officer Man San Law commented: “We finished the year on a strong note with net revenues increasing 52.1% year-over-year. Total purchase amount during the quarter increased 63.7% from …

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Social betting site FansUnited launches PickTracker

FansUnite, a social betting site that uses virtual currency, has rolled out its much-anticipated PickTracker software. This feature will enable users to analyse their betting history by allowing the user to view historical data and break down their past picks by sport, league, or bet-type and helping the user to look critically at their own betting patterns. The idea behind …

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NBA chief trying to persuade other sports on betting legalisation

Outspoken NBA Commissioner Adam Silver has been trying to persuade other US sports to take a look at legalising sports betting in order to bring all the illegal betting that currently takes place in to a transparent and regulated environment. Speaking with ESPN, Silver suggested that the other sports were willing to at least take a look at his idea. …

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Spring Carnival boosts William Hill Q4 performance

William Hill’s Australian operation was the only one that increased its operating profit in the fourth quarter, thanks to the Spring Carnival period, with a 59% jump mitigating somewhat a 13% drop in retail operating profit and a 6% dip online. It meant that the group’s Q4 operating profit as a whole dropped 7%. On a full-year basis, Group net …

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Chris Sheffield joins Penn National as digital gaming lead

Penn National Gaming, Inc. announced today the appointment of Chris Sheffield as Senior Vice President Managing Director I-Gaming, a newly created position at the Company. Mr. Sheffield joins Penn National from Betfred, a United Kingdom-based bookmaker, and will be responsible for setting the Company’s strategy as it prepares for the launch of online gaming initiatives across its portfolio. Mr. Sheffield …

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Indiana Rep Alan Morrison wants to legalise state sports betting

Indiana State Representative Alan Morrison has asked Indiana courts to review a draft sports betting bill proposal which Morrison put forward to the courts on Friday 9 January. The bill follows the mechanisms put forward by New Jersey State in 2014, which would allow for sports betting services to be offered by licensed state casinos and race tracks. Speaking to …

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