August 2021

first_imgCasino & games Subscribe to the iGaming newsletter Playtech strengthens board with two new appointments Gaming solutions giant Playtech has appointed Anna Massion and John Krumins as non-executive directors of the business, with immediate effect.The pair have been selected following an extensive search process, with each appointment approved by Playtech’s activist investor, SpringOwl Asset Management, which holds 5% of the company’s issued share capital.US-based Massion has worked in investment banking and asset management for over 15 years, and currently works as an analyst for PAR Capital Management, which manages a portfolio of assets worth more than $5bn. Since 2014 she has been an investor in the UK, US and European gaming sectors, and has also provided strategic advice to Playtech’s existing management team in recent years.Playtech described her as a global gaming industry expert, who would bring strong fiscal and analytical skillset to its board.Krumins, meanwhile, has more than 20 years’ experience in corporate finance, technology and project management. He spent almost 15 years working as a managing director of Morgan Stanley, before holding roles at Deutsche Bank and Société Général. He currently chairs IT and business service management solutions provider Wavex Technology.He has held non-executive directorships for a range of companies in a range of sectors, including advising businesses in technology and data analytics such as corporate services giant Hogg Robinson Group and big data specialist Intent HQ. Having served as a panel member of the UK’s Competition and Markets Authority, Playtech noted that he also has significant regulatory experience.“I am delighted to have identified two candidates of the calibre of Anna and John and warmly welcome them to the Playtech board,” Playtech chairman Alan Jackson said of the appointments. “John’s extensive Board-level experience, coupled with Anna’s deep sector knowledge, will allow the board to support Playtech’s role as the leading gambling technology company in regulated markets. 2nd April 2019 | By contenteditor AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter “Our industries continue to develop at pace, and today’s appointments mark another step forward in the evolution of the Playtech board,” Jackson added. “I will be working closely with everyone involved in Playtech to get the new board members up to speed as we continue to plan for the future.” Gaming solutions giant Playtech has appointed Anna Massion and John Krumins as non-executive directors of the business, with immediate effect. Email Address Tags: Card Rooms and Poker Mobile Online Gambling Slot Machines Topics: Casino & games People Sports betting Strategy Poker Slotslast_img read more

first_img Tags: Online Gambling Regions: UK & Ireland Gambling-related harm APPG sets out 2020 vision AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 23rd January 2020 | By Daniel O’Boyle The UK’s Gambling Related Harm All Party Parliamentary Group (GRH APPG) has set out its work programme for 2020, seeking to tackle topics such as scratch card age limits, gambling advertising and the prevalence of gambling in sport. Topics: Legal & compliance Legal & compliance The UK’s Gambling Related Harm All Party Parliamentary Group (GRH APPG) has set out its work programme for 2020, seeking to tackle topics such as scratch card age limits, gambling advertising and the prevalence of gambling in sport.The APPG will also release a final report in the coming months, having called for sweeping changes to the industry, such as a £2 online slot stake limit and an overhaul of the Gambling Commission in an interim document released in November 2019.The group will call upon both the Gambling Commission and Gambling Minister Helen Whatley to appear and contribute to this report.With the governing Conservative Party promising before the 2019 election to review the 2005 Gambling Act if elected, the APPG said it will also be “undertaking evidence sessions” to provide recommendations to the government towards this act.In addition, the APPG said it “welcomed” the British Gambling Commission’s decision to ban the use of credit cards in gambling, which was part of its recommendations for for the industry in November 2019, prompting criticism from GVC chief executive Kenny Alexander among others.The group said it would now campaign for its remaining recommendations, including a £2 stake limit on online slots, to come into effect.The group also re-elected its members for 2020. Labour MP Carolyn Harris remains chair of the group, but five new members have been appointed.Lord Don Foster of Bath becomes the lone peer in the group, following Lord Peter Chadlington’s departure, while Labour’s Mark Hendrick and Stephen Timms, as well as Conservative Mike Penning and the Democratic Unionist Party’s Sammy Wilson, will join the group. Subscribe to the iGaming newsletter Email Addresslast_img read more

first_img How quickly and easily can you launch casino operations online? What limitations/opportunities should you consider with you current consumers? Recreating your casino brand in an online space How to shop for the right platform for you The right Casino mix to give consumers a recognisable experienceSpeakers:Moderated by: Brendan Bussman, GMAWolfgang Bliem, CEO, Casino luzern, Kresimir Spajic SVP & MD, Online Gaming and Sports Betting Hardrock International Seth Young, Chief Innovation Officer, PointsBet AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Do land-based operators need a digital fallback, that in normal times can be used to drive additional revenue from casino floor?  Topics: Uncategorized Uncategorized Subscribe to the iGaming newslettercenter_img 6th April 2020 | By Webinar: Enforced convergence – do land-based operators need a digital fallback? Do land-based operators need a digital fallback, that in normal times can be used to drive additional revenue from casino floor?  Email Addresslast_img read more

first_img William Hill has announced the remuneration packages for chief executive Ulrik Bengtsson and new chief financial officer Matt Ashley, with Bengtsson to forgo a scheduled pay increase and a contractual bonus as the business deals with the impact of the coronavirus (Covid-19) pandemic. 8th April 2020 | By Daniel O’Boyle Subscribe to the iGaming newsletter Casino & games Topics: Casino & games People Strategy Social gaming William Hill has announced the remuneration packages for chief executive Ulrik Bengtsson and new chief financial officer Matt Ashley, with Bengtsson to forgo a scheduled pay increase and a contractual bonus as the business deals with the impact of the coronavirus (Covid-19) pandemic.Bengtsson will receive a salary of £600,000 (€684,000/$744,000) for the year, with his annual salary increase suspended due to the effects of the novel coronavirus (Covid-19) on the business.In March, William Hill estimated the virus would lead to a decline in earnings before interest, tax, depreciation and amortisation of between £100m and £110m in 2020, and suspended its dividend for 2019.In addition, £30,000 will go towards a pension for Bengtsson. The operator chose to lower its maximum pension contribution rate for executive directors from 20% to 5% to bring it in line with the general workforce contribution rate.The operator’s annual bonus and long-term incentive plan schemes, which for the chief executive can be worth up to 150% of salary and 200% of salary respectively, were cancelled for all executives and senior employees.Bengtsson also opted to decline a Performance Share Plan award for 2020, which would have seen him awarded additional shares in the business based on hitting certain targets.Ashley, meanwhile, received a £450,000 annual salary, prorated for the time he worked for William Hill in 2020. Ashley took on the new role and joined the William Hill executive board on 6 April, replacing Ruth Prior who in January announced that she would step down from the position.William Hill in February revealed Adrian Marsh as Prior’s replacement, but later announced that Marsh had chosen to remain in his current position with international packaging business DS Smith due to the novel coronavirus (Covid-19) outbreak.Like Bengtsson, Ashley will have a pension contribution of 5% of salary and his bonus and long-term incentive plan have also been cancelled.The operator added that share awards forfeited as a result of Ashley’s resignation from National Express will be compensated on a like-for-like basis. Ashley is also required to hold at least 200% of salary in shares, up from 150% which was previously required of William Hill CFOs.Wiliam Hill said it was confident it had protected its shareholders’ interests and had not overpaid in order to bring Ashley to the role.“We believe Matt’s appointment is important in providing stability for our business in the face of the current challenges and will serve our shareholders well,” the operator said. “We have received comments from a number of our leading shareholders welcoming Matt’s appointment, along with the timely manner in which it was made.”The operator added that it has “topped up” the salaries of all of its furloughed employees to 100% of what they would make when working.The remuneration packages for William Hill executives will need to be approved at the business’s Annual General Meeting on 15 May 2020. William Hill CEO forgoes pay increase and bonuses AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Email Addresslast_img read more

first_img iGB, in partnership with sports data specialist Abelson Info, is providing an updated list of the sporting events taking place each weekday throughout the novel coronavirus (Covid-19) pandemic. 21st May 2020 | By contenteditor Tags: Mobile Online Gambling Sports betting Topics: Sports betting iGB, in partnership with sports data specialist Abelson Info, is providing an updated list of the sporting events taking place each weekday throughout the novel coronavirus (Covid-19) pandemic.Badminton Armenia’s Infinity Cup once again kicks off the round-up.Baseball China’s Professional Baseball League reserves, and the South Korean Baseball Championship are the only baseball competitions in action in the coming 24 hours. The Chinese Professional Baseball League game scheuled for today has been proposed due to rain.Darts The Icons of Darts Live League, Remote League and Czech Premier League all play.Football The Belarusian Premier and Reserve Leagues hold fixtures, alongside Burundi’s Premier League and clubs play friendlies.Golf The Cactus Tour begins its second round at Alta Mesa Country Club, while The Outlaw Tour’s TPC Champion’s Classic enters its third.Greyhounds In Australia, 16 tracks hold races in the next 24 hours. This is joined by action from four in the US, and two in New Zealand.Horse Racing Chile joins the round-up, with action from Valpariso. As usual, the action is dominated by Australia, where 15 tracks are in action, followed by six in France on the day that up to 30 tracks will be shut down again under government issued restrictions. Five US tracks hold races, with four in Sweden, then one apiece in Denmark, Germany, Japan and Norway.Ice Hockey Short-form matches in Russia’s Comet Division remain the only ice hockey events taking place.Table Tennis Action comes from Armenia, Brazil, China, the Czech Republic, Germany, Russia and the Ukraine.Tennis Germany’s Tennis Point Exhibition Series; Poland’s Marbello Cup; Russia’s Liga Pro and Spring Tour; and the US-based International Tennis Series and women’s Exo-Tennis Series make up today’s tennis.Volleyball Russia’s Liga Pro concludes the round-up.This list is not intended to be exhaustive, and all events are subject to change.Abelson Info was set up by Ed Abelson in 2003 to supply the bookmaking industry with the crucial sports data it required as the online betting industry began to boom. Starting with just a handful of employees and even fewer clients, the business has since grown and evolved to accommodate the ever-changing requirements of the industry.We now supply data and technical services to the majority of the top tier bookmakers and platform providers in the UK, along with many of the biggest media corporations and development firms across the world. We have a stellar reputation for delivering top quality data and are always on hand to support customers, 24 hours a day, 365 days a year.center_img AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 21 May: Where’s the action? Subscribe to the iGaming newsletter Email Addresslast_img read more

first_imgA recent survey from Taloustutkimus showed that around 2.3% of the Finnish population – around 95,000 people – are estimated to have a gambling problem. 30th September 2020 | By Aaron Noy All Veikkaus decentralised slots in venues such as shops, kiosks, traffic stations and restaurants will require customers to verify their identity before they can gamble by the end of January next year. Subscribe to the iGaming newsletter Finnish state-owned gambling operator Veikkaus is to introduce mandatory identity verification for some of its slot machines from October this year, ahead of a full roll-out of the controls across its network from January 2021. It will now launch a pilot scheme next month, which will see mandatory ID verification, or account-based play, brought in for approximately 100 terminals across the country. “The transition to mandatory identification is one of Veikkaus’ most important responsibility measures, which aims to prevent gambling problems,” Veikkaus’ director of channels and sales Jari Heino said. “With the pilot to be carried out in the autumn, we want to test the functionality of the identification controls.” Casino & games Veikkaus said that mandatory identification checks – which effectively constitute a shift to account-based play for slots – would also allow it to introduce new tools to help prevent problem gambling. This will include linking machines to its self-exclusion system, meaning players can block access to the devices directly from the terminals.  The identification measures will also be applied to all new Veikkaus slot games launched before the end of 2020. Players will need to identify themselves before being permitted to access new titles such as Kultatassu, Lampunhenki and Viidakkovuori. Veikkaus to pilot account-based slot play from October “We hope that as many slot machine players as possible will register before it becomes mandatory,” Heino said. “Currently, only about 10% of slot machine players are registered. By offering games only to verified players, we aim to increase the registration rate before January.”center_img The operator aims to have mandatory identification in place at all of its gaming halls and Feel Vegas locations from the same month by June next year. It will also extend the measures to Casino Helsinki by spring 2021, as well as the new Casino Tampere venue, due to open in December 2021. Account-based play will also be gradually rolled out for other products it offers, with the exception of scratchcards. Veikkaus said its commitment will continue despite last month revealing that its profit in 2020 could decline by as much as €300m, from a combination of novel coronavirus (Covid-19) disruption and tighter social responsibility measures. This estimate was after the monopoly saw a 28.1% year-on-year drop in gross revenue and 33.6% decline in profit for the first half of the year. Consumers playing on these terminals will be required to identify themselves using their Veikkaus player’s card, an approved mobile application or a bank card that is connected to the operator’s customer database. The revised Finnish Lotteries Act will make verification checks compulsory at all retail gambling venues in the country from 2023, but Veikkaus has called for this date to be brought forward. The operator has already committed to introducing the measures at its Feel Vegas and Pelaamo arcades from January 2021. Regions: Europe Nordics Finland Topics: Casino & games Social responsibility Tech & innovation Casino regulation Land-based casino Slots Responsible gambling ID, Blockchain AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Mandatory identification measures form part of Veikkaus’ wider plans to tackle problem gambling and related harms. This includes taking 8,000 slot machines offline before the end of 2020, more than double the amount it had previously said it would withdraw. In addition to slot machines, Veikkaus has called on the Finnish government to consider expanding the mandatory identification measures to other forms of gambling. Email Addresslast_img read more

first_img4th January 2021 | By Conor Mulheir  “Hollywood Lawrenceburg and Ameristar East Chicago have been offering sports wagering in Indiana for well over a year,” Rafael Verde, senior vice president of regional operations at Penn National, said. Subscribe to the iGaming newsletter All feature new entryways, sports viewing areas and dining spaces, with betting counters featuring large odds boards and several sports betting kiosks, as well as numerous televisions showcasing sports action from across the US and internationally. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Regions: US Indiana Michigan Penn National opens Barstool sportsbooks in Indiana & Michigan Read the full story on iGB North America. Casino operator Penn National Gaming (PNG) has opened three Barstool-branded sportsbooks, at the Hollywood Casino Lawrenceburg and Ameristar East Chicago Casino & Hotel in Indiana, and Greektown Casino Hotel in Detroit, Michigan. Topics: Sports betting Land-based casino Retail sports betting Sportsbook “The new design showcases the spirit of the Barstool Sports brand, resulting in an outstanding sports wagering experience that we expect our customers will thoroughly enjoy.” Email Address John Drake, vice president and general manager at Greektown Casino, added: “We are thrilled to be opening our new Barstool Sportsbook. Sportsbook Tags: Penn National Gaming Barstool Sports “The passionate sports fans in the Tri State area and Chicagoland have been eagerly awaiting the opening of our new Barstool Sportsbooks, and we look forward to introducing both in the coming days.” Existing sportsbooks at Hollywood Lawrenceburg and Ameristar East Chicago were rebranded to “incorporate the spirit of the Barstool Sports brand”, while a new sportsbook was opened at Greektown Casino.last_img read more

first_imgGenius Sports expects to complete its merger with NYSE-listed special purpose acquisition company dMY Technology Group II shortly, having first announced details of the deal in October last year. Strategy Genius Sports said that the new consolidation reflects the convergence of its capabilities in sports technology, live data, video and betting products to power connected fan experiences. Following the merger, the business will trade on the NYSE under the symbol ‘GENI’, going public with a $1.50bn (£1.08bn/€1.26bn) valuation. Topics: Strategy “This unified approach will help strengthen our value proposition, serve our partners’ needs and articulate our vision of creating personalised fan experiences via the convergence of sports, betting, advertising and streaming.” Subscribe to the iGaming newsletter The business cited its recent NFL deal as an example of how it could use all of these capabilities together.  “As we enter a new era as a public company on the NYSE, the time is right to consolidate our offering under the single Genius Sports brand,” Genius Sports chief executive Mark Locke said. The legacy Betgenius and Genius Sports Media brands have been discontinued, with solutions and product development under Sportstech, Video, Sportsbook and Media & Engagement moving forward. 7th April 2021 | By Robert Fletcher Genius Sports groups entire business portfolio under single brand Genius Sports Group is to bring its full portfolio of solutions under the single Genius Sports brand, ahead of its expected listing on the New York Stock Exchange (NYSE). AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Tags: Betgenius Genius Sports Genius Sports Media Genius Sports in January revealed it would form a new holding company, Galileo NewCo, for the proposed business combination. Email Addresslast_img read more

first_imgWhile the administrators will make the cases for both 11 March and 26 March, H&J Director Services 1 Limited has been appointed to represent those calling for a later date, which would be customers waiting for a large amount of dividends to be paid out. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Tags: Football Index BetIndex £4.5m currently stands in the company’s player protection account, but with £3.2m already owed for money held in player accounts, the business would soon run out of funds if a cut-off isn’t set for dividends. It would be liable to pay a further £550,000 weekly at the current rate, which would put the company’s account in default by 22 April. Topics: Legal & compliance Compliance Legal The cut-off date is crucial for determining how much money would be owed to customers, and to which customers, as a later date would favour players whose bets are still active as they would be entitled to more funds through dividends: a form of winnings on the Football Index platform. Email Address High Court sets Football Index player funds hearing date Legal & compliance Regions: Europe UK & Ireland 13th May 2021 | By Nosa Omoigui Administrators will try to determine the cut-off date from which customers’ cash balances will be repaid; either 11 March when the platform was suspended, 26 March when operator BetIndex officially went into administration or a later date than this. After entering administration, Football Index was forced to cut short shirt sponsorships with football clubs Queens Park Rangers and Nottingham Forest. The Football Index case was raised to the High Court earlier this month, after BetIndex put in motion plans to pay back back customers. Subscribe to the iGaming newsletter While the Gambling Commission defended its decision not to revoke BetIndex’s license earlier, the government has since announced an inquiry into the platform’s collapse. A hearing to determine allocation of funds from Football Index’s player protection account is set to commence between 19 May and 21 May at the High Court of England and Wales.last_img read more

first_imgCricketIndian premier leagueLatest Sports NewsSports BusinessNewsSport WTC Final Day 3 Stumps: India remove Conway and Latham but Kiwis on top; NZ 101/2 (49 ovs) trail by 116 runs WTC Final LIVE: Jamieson says, ‘nice and pleasing to get Virat Kohli’s wicket’; Gill feels India could have got more wickets WTC Final IND vs NZ: Virat Kohli displays his dancing skills on the beats of Bharat Army’s Dhol; Watch video BCCI Apex Council Meet: BCCI to bid for 3 major global events in next tournament cycle starting from 2024; Check Latest Sports News Cricket Cricket Cricket Cricket PSL 2021 Eliminator 1 PES vs KAR LIVE: best way to watch Peshawar Zalmi vs Karachi Kings Live Streaming in your country, India, Follow Live update Cricket Previous articleWWE Raw and SmackDown now available live in hindiNext articleIndia to be manufacturing hub for sports goods: Rathore Kunal DhyaniSports Tech enthusiast, he reports on Sports Tech industry and writes on sports products. Cricket Cricket Euro 2020- Switzerland beat Turkey 3-1: Shaqiri’s brace keep Switzerland hopes alive; Turkey face exit from Euros RELATED ARTICLESMORE FROM AUTHOR Football WI vs SA 2nd Test Day 3 Live: Rain stops play; South Africa in huge trouble, SA 66/6 (24.3 ov)- Follow Live Updates WTC Final LIVE: Devon Conway continues red-hot form, slams fifty to provide New Zealand dream start Share on Facebook Tweet on Twitter PSL 2021 Qualifier 1 ISL vs MUL LIVE: best way to watch Islamabad United vs Multan Sultans Live Streaming in your country, India, Follow… Star Sports is committed to take the broadcast creativity and the Indian Premier League experience to the next level for billions of its viewers. The broadcaster is committed to celebrating each element of IPL.The hosts broadcaster for cricket world’s biggest professional competition, Star India has announced the Star Re.imagine Awards to recognise creativity and innovation in the use of integrated media in advertising campaigns aired during the IPL 2018 on Star Sports and Hotstar. Tokyo Olympics: BCCI provides fuel in Indian Olympic flame, to contribute Rs 10 crore TAGSIndian Premier LegueIPLIPL 2018Star IndiaStar Re.imagine AwardsStar Sports SHARE Facebook Twitter by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeCapital One ShoppingThis hack can uncover JOANN discounts you don’t know aboutCapital One ShoppingUndoGrammarlyAdvertisement Avoid Grammatical Errors with This Helpful Browser ExtensionGrammarlyUndoMicrosoftBring your desktop to life with Bing WallpaperMicrosoftUndoEvery creative broadcast on Star Sports and streamed on Hotstar during the IPL 2018 will automatically be eligible for the Star Re.imagine Awards. A jury including the likes of advertising legend Sir John Hegarty, Piyush Pandey, Raju Hirani, Vibha Rishi, Rahul Welde and V Sunil will deliberate on the winners on May 26, and select two campaigns that they believe have excelled in terms of creativity and leveraging the platform.The awards will not only celebrate creativity but also recognise and appreciate teamwork. Two winning teams of 24 members each will be hosted for a premier global sporting event.Gayatri Yadav, Head Consumer Strategy & Innovation, Star India, said, “We are very excited to bring together a bespoke independent jury of some of the most eminent names across marketing, media and storytelling to celebrate two campaigns aired during this IPL 2018 on Star Sports network and Hotstar which push the boundaries of creativity. Recognising that great campaigns are powered by great teamwork, the award will celebrate members of the integrated team across marketing, creative and media, who will be hosted for a premier global sporting event. We hope to make Star Re.imagine Awards the space where new legends will be born!”Sideways, Kyoorius and audit partner PWC are partnering Star India in this initiative.Also Read:IPL broadcast: 10 channels, 6 languages to target 700m viewersStar Sports all set for 360° revamp in IPL broadcast Cricket Star announces Star Re.imagine Awards for IPL campaigns By Kunal Dhyani – February 27, 2018 YourBump15 Actors That Hollywood Banned For LifeYourBump|SponsoredSponsoredUndoDefinitionTime Was Not Kind To These 28 CelebritiesDefinition|SponsoredSponsoredUndoPost FunThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayPost Fun|SponsoredSponsoredUndoDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily Funny|SponsoredSponsoredUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStory|SponsoredSponsoredUndoDefinitionWhat ‘Harry Potter’ Characters Were Actually Supposed To Look LikeDefinition|SponsoredSponsoredUndolast_img read more