In the second of a series of columns on international gambling legislation, GVC’s Director of Regulatory Affairs Martin Lycka takes a look at the current activity around sports betting in the US and tracks how the industry has arrived there and where it should go next. It is 14 May 14 2018, which may be the US football offseason, yet …
Read More »
A series of ‘elearning’ courses have been rolled out by iGaming Academy in a bid to teach individuals about the online sports betting market across the US, outlining the key principles that constitute a successful sportsbook. Offering regulatory information on New Jersey, West Virginia, Mississippi, Pennsylvania and Nevada, the compliance and skill training provider will offer a flagship US Online …
Read More »
Publishing its latest trading update (17-43 week period ending 28 October), FTSE250 William Hill Plc details ‘rapid US progress’, however, the betting group cannot escape its UK woes. Despite progress on its digital agenda, William Hill’s 2018 trading has been impacted by negative sporting results and further group-wide adjustments undertaken to counter a tougher UK regulatory environment. Continuing its digital …
Read More »
The governance of FTSE250 bookmaker William Hill has confirmed news reports that it has entered a strategic joint-venture with Nasdaq US casino group Eldorado Resorts. William Hill Chief Executive Philip Bowcock declares that the bookmaker has significantly advanced its US position and coverage securing access to ‘Eldorado’s leading regional casino portfolio and customer base of 23 million people’. “Under the …
Read More »
FTSE250 betting group William Hill Plc is set to undertake a major US recruitment drive, as corporate governance details that the company has significantly expanded its presence within Mississippi and West Virginia. On Friday, William Hill governance communicated that ‘subject to regulatory approval’, the company had agreed on lead sports betting supplier agreements with the following US casinos: Hard Rock Casino Hotel …
Read More »
Sports betting technology and software supplier Kambi Group Plc has reported a strong financial performance in the group’s Q2 2018 interim report. Year-on-year revenues have shown a 25 per cent growth for the second quarter of 2018, reaching €17.6m (15.65m) from the previous years €14.1m (£12.54m), aiding a 20 per cent H1 jump from €28.3m (£25.1m) to €34m (£30.2m). Addressing …
Read More »
New York-listed lottery and gambling technology provider IGT Group has been awarded a seven-year ‘base contract’ to provide West Virginia Lottery with its principal lottery draw system along with an array of game provisions. IGT informs that it won the contract following a competitive procurement, to replace West Virginia’s legacy systems. The services contract is expected to start on 28 …
Read More »
SBC News Voice of the Sports Betting Industry