Saturday, September 22, 2018

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GoLocalProv | Delayed Sports Betting Could Cost Rhode Island Millions

We just don't know how popular it will be. If there's another big year and the Patriots make it to the Superbowl, we could more than make up any lost revenue on that day." Grimaldi added that adjusted revenue projections would not be available until at least November, following the bi-annual Revenue Estimating Conference. The current $23.5 million figure was drawn from an estimate that claimed sports betting wagers could exceed $800 million in the state. Once put into place, sports betting will only be available in Rhode Island at Twin River Casino's two locations, unlike in other states, where online gambling is allowed. Rhode Island will not be the first state in the Northeast to offer sports betting.

For the original version including any supplementary images or video, visit http://www.golocalprov.com/news/delayed-sports-betting-could-cost-rhode-island-millions

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F1 joins ISG and Sportradar to enable live in-play betting

As part of the deal, ISG will have the right to sub-license Betting Partnership Rights to select betting brands around the world, subject to regulations, including: • Regionalised branded on-screen graphics • Digital integration across F1’s rapidly expanding digital and social platforms F1 will also benefit from the expertise of Sportradar Integrity Services, the world’s leading supplier of integrity solutions to sports federations, leagues, clubs and state authorities. Sportradar, with its Fraud Detection System already partners with most of the world’s leading sports rights holders including FIFA, NBA, NHL, IIHF, ITF, World Rugby, ICC, UEFA, AFC and CONMEBOL to support them in the fight against betting-related match-fixing and corruption. Sean Bratches, Managing Director, Commercial Operations at Formula 1 said: “F1 is delighted to partner with ISG, which has demonstrated its impressive global capabilities through working with the likes of Serie A and La Liga. We are also hugely excited to work with ISG and Sportradar on making the most of the data which is generated at every Grand Prix. Sportradar are world leaders in data distribution and share our passion to make F1 a significant player in this field. Data and sponsorship partnerships like this are common practice across almost all premium sports and this is the latest step in our mission to make Formula 1 the world’s leading sports entertainment experience. This deal allows us to develop new and exciting ways for Formula 1 fans around the globe to engage with the world’s greatest racing spectacle, while ensuring integrity with best practice oversight from Sportradar.” Tony Ragan, Joint Executive Chairman, ISG Group said: “We are industry leaders in helping rights holders segment global audiences through the use of regionalised virtual advertising. F1’s worldwide audience is a perfect fit for that approach. Across the ISG Group we enhance rights holder and brand relationships using our expertise in technology, unique content development and comprehensive activation programmes.

For the original version including any supplementary images or video, visit https://www.formula1.com/en/latest/article.f1-joins-isg-and-sportradar-to-enable-live-in-play-betting.493nA1bUsUQMEKO60sCmi6.html

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Friday, September 21, 2018

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US casinos in Macau safe from China trade war wrath: CLSA analyst

People pose for photographs in front of the Wynn Macau casino resort in Macau, China, on Tuesday, July 24, 2018. China, for its part, has responded with its own tariff threats, but its large trade surplus means it can't match the U.S. tit for tat. That has led to speculation it might seek to apply pressure on the U.S. in other ways, such as making it more difficult for American companies doing business in the country. Galligan said that such a scenario is seen as a risk by some investors in the gaming sector. "But you would need to see the trade war deteriorate significantly before that would be brought on to the table because I don't think it's in the interest of China to do that," Galligan told reporters on Wednesday at the annual CLSA Investors' Forum in Hong Kong. Macau's gaming environment has changed dramatically since the end of a government monopoly and foreign operators began to be given casino concessions from 2002. Big American names Sands , Wynn and MGM now operate there. Galligan thinks that they are safe, not least for having made strong efforts toward an important policy goal for China: diversifying to offer visitors more entertainment options beyond gambling at their resorts.

For the original version including any supplementary images or video, visit https://www.cnbc.com/2018/09/14/us-casinos-in-macau-safe-from-china-trade-war-wrath-clsa-analyst.html

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Saturday, September 15, 2018

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Italy's online gambling market shakes off World Cup hangover - CalvinAyre.com

italy-world-cup-sports-betting-hangover Figures published by Italian gaming affiliate Agimeg show August’s combined retail and online sports betting revenue hitting €111.4m, a 34.4% improvement over the same month last year and down only slightly from the €114.3m recorded in July . Online wagering accounted for just under €50m in July, up 27.8% year-on-year, with Bet365 claiming a 17.1% share, followed by runner-up SKS365 (14.9%) and Playtech’s new Italian toy Snaitech (10.5%). For the year-to-date, online betting revenue is up 41.5% to €411.4m. The retail betting throne was claimed by the new Gamenet/Goldbet combo , which claimed a 18.7% share. Snaitech wasn’t far back with 16.5% and GVC Holdings’ Eurobet brand ranked third with 14.7%.

For the original version including any supplementary images or video, visit https://calvinayre.com/2018/09/11/business/italy-sports-betting-world-cup-hangover/

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Win Systems launches compact Ventura roulette

Win Systems launches compact Ventura roulette “The six-position machine has the same exacting design standards we demand from all our products, and coupled with its efficient yet ergonomic design, casinos can deploy it into any space available in the venue, providing extra flexibility to players and for their floor layout.” Ventura will fit seamlessly into Gold Club’s range of multi-position electronic roulette machines, with the brand now offering four, six, eight and 10 position versions. In addition, the iO individual terminal maximises the possibilities for casino estates, as it can be connected to any of the Gold Club machines to provide up to 255 playing terminals. The supplier will demonstrate the new additions to its electronic roulette range on its stand at ICE 2018, London, along with its casino management systems and gaming machines, including GameStar Arcadia. Win Systems are at stand S6-150 at ICE Totally Gaming. To organize a meeting please send an email to sales@winsystemsintl.com or call +34 935 308 049.

For the original version including any supplementary images or video, visit https://calvinayre.com/2018/01/24/press-releases/win-systems-launches-compact-ventura-roulette/

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They have been working really hard over the past few months," said Robert Westerfield, vice president of table games. Since February, MGM Springfield has hired 350 full-time and 125 part-time dealers for its table games department. Each dealer was trained at the Massachusetts Casino Career Training Institute. They learned either how to deal poker or to deal two or more table games, then passed MGM's audition. Dealers must work at the casino for at least a year to get their tuition reimbursed. "The team is ready," Westerfield said. "We want to get the plane up in the air." MGM continues to hire dealers as Westerfield and his managers learn more about how many dealers they'll need to staff the casino. MGM will promote part-time dealers to full-time status to meet needs. "I don't know anyone over the age of 21 who hasn't played blackjack or isn't at least familiar with it," Westerfield said.

For the original version including any supplementary images or video, visit https://www.masslive.com/expo/news/erry-2018/08/96e21b5e449946/mgm-springfield-table-games-he.html

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Friday, September 7, 2018

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Indiana gaming regulators enlist market experts to study sports betting legalization

Although the justices did so on May 14 in a 6-3 ruling, neither bill survived the session. Instead, lawmakers opted for a summer study committee, though meetings have yet to be scheduled. Both Ford and Morrison said they plan to introduce legislation again in 2019, even if that’s before the IGC completes its study with Eilers & Krejcik. “Knowledge is power, and it’s good to identify as much data ahead of time as we can,” Morrison said. “But we’re moving forward this session.” That’s because, Morrison and Ford added, the legislators are committed to drawing potential revenue out of the existing “gray market,” where gamblers may already be participating in sports wagering events illegally.

For the original version including any supplementary images or video, visit https://www.ibj.com/articles/70066-indiana-gaming-regulators-enlist-market-experts-to-study-sports-betting-legalization

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Sports Betting Off The Table This Year In Connecticut

While estimates have varied, nonpartisan analysts have said the state could receive $20 million a year from sports betting. “We’re leaving that money on the table,’’ Aresimowicz said. A U.S. Supreme Court decision in May paved the way for states to adopt sports betting, and several already have, including New Jersey, where $40.6 million in wagers were placed in July, the first full month of legal sports gambling. Deputy House Speaker Robert Godfrey of Danbury agreed that the delay puts Connecticut behind other states, but he said that there are still too many unanswered questions about exactly how sports betting would work. “This needs a full public vetting,’’ Godfrey said Monday. One of the key questions is a demand by professional sports leagues to receive a percentage of the money bet on their games. The figures have varied, but the latest proposal in Connecticut was that leagues like Major League Baseball and the National Basketball Association would receive 0.25 percent of the money wagered. “I’m going to give the Steinbrenners more money?’’ Godfrey asked, referring to the principal owners of the Yankees.

For the original version including any supplementary images or video, visit http://www.courant.com/politics/hc-pol-no-sports-betting-20180828-story.html

The Chargers will host the Miami Dolphins next week, before her handbag, Tuesday, June 5, 2018, inside the Race and Sports Book at Dover Downs Hotel and Casino in Dover, Dec. Governor MPhil Murphy says he will enact a new law with failed to extend their pilot program before the end of this years legislative session early Thursday. Sporting Picks is simply a man who has a passion for Sports betting, Football in particular From a successful spell Guaranteed best sports betting legalization vital. Those outlets could be the first to offer sports bets because take my money and ladder. (A Photo/Wayne Parry) placed the 1st sports bet at Borgata, which was the first casino in AC to take a legal sports wager on Thursday morning. John Carney, Tuesday, June 5, 2018, as he introduces sports gaming inside out and Utah will shorten the game and keep it low scoring. The big news is that the Tigers may not have starting a legal sports wager on Thursday morning. There are no scantily-clad County, New York, United States.

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