The SBC Weekly Digest for 04/12/20

Sponsored by Metric Gaming. Your weekly roundup of the most popular articles from SBC News, SBC Americas, CasinoBeats, SlotBeats….

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Good week for…
IRISH GAMBLING

Ireland will see an overhaul of its gambling legislation as the ‘interim Gaming and Lotteries Act’ was passed, leading to a sweeping reform in the country’s gambling laws in 2021.

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RESORTS WORLD CASINO

Resorts World Casino New York City has revealed that since opening its doors in October 2011, the company has generated in excess of £3bn for New York’s Lottery education fund.

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Bad week for…
GIBRALTAR OPERATORS

Fines totalling £2.5 million have been handed out to online betting operators by HM Government of Gibraltar after it identified a series of weak processes and controls related to AML protections.

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ENRIQUE LÓPEZ PḖREZ

Spanish tennis player Enrique López Pérez has been banned from the sport for eight years after the Tennis Integrity Unit found him guilty of multiple match-fixing offences.

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QUOTE OF THE WEEK
“@2x
“In my view, over time, product is going to win in this market. And it’s going to be about who has got the most compelling product. Promotional activity wanes over time – product is going to be so critically important.”

Joe Asher, CEO of William Hill US, delivered the keynote speech at Betting on Sports America – Digital, where he discussed his early days in sports betting and the relationship between stakeholders and official sports leagues.

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NUMBERS GAME
37.2%
Flutter has signed a conditional agreement, valued at $4.18 billion, to acquire the entire 37.2% interest in FanDuel, currently held by Fastball.

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20
South Africa’s NLC will be investigating a national lottery draw after an ‘unusual sequence’ of numbers resulted in 20 jackpot winners.

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3
After upgrading its full-year expectations, 888 Holdings will make its entry into three new sports betting markets – Colorado, Indiana and Iowa – via the 888Sport brand.

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98.6%
Evolution has taken its total holding in NetEnt to approximately 96.8% following the expiry of its ‘extended acceptance period’ to buyout the Stockholm-listed casino games developer.

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VIDEO OF THE WEEK
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GAN COO Jeff Berman explores the appetite for simulated sports betting in the US and what 2021 holds for the company as more states begin to legalise gambling.
Recommended Reading
The newly-rebranded SBC Leaders features exclusive interviews from top industry figures who reflect on the challenges and opportunities from across the sports betting, casino, payments and lottery sectors.

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Speaking at this week’s Betting on Sports America – Digital, Bill Hornbuckle, CEO of MGM Resorts, discusses the current trend for convergence between media and operating companies.

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Paolo Personeni, Managing Director of Managed Trading Services for Sportradar, takes a look at the ways in which bookmakers can improve business performance by extending trading capabilities.

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SlotBeats reviewed Green Jade Games’ latest slot title Rednex K.O. which is based on the popular 90s country crossover hit ‘Cotton Eye Joe’ by the Swedish group, Rednex.

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Artículos Recomendados
El director comercial de Altenar, Domenico Mazzola, habló con SBC Noticias sobre lo que le depara a la industria de las apuestas deportivas en Latinoamérica y aseguró que la clave para triunfar en la región es controlar el territorio.

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El Consejo de Ministros de Perú aprobó la reactivación de los casinos, que podrían ver a más de 40 mil empleados retomar sus puestos de forma inmediata en los próximos días.

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