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  • SIS Names McSorley Head of International Horse Racing

    SIS Names McSorley Head of International Horse Racing

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    Sports Information Services (SIS), a leading supplier of 24/7 betting services, has named Conall McSorley as head of international horse racing. McSorley joined SIS only recently but has already been promoted to a position of high responsibility thanks to his experience.

    McSorley’s Experience Earned Him a Promotion

    McSorley is a seasoned gambling industry worker and has worked for various companies in the sector. Before joining SIS in February 2022, he worked as a business development director for GBE Technologies, a Dublin-based B2B provider. Prior to that, McSorley had a three-year tenure as commercial director of Metric Gaming. His earlier experiences include stints with BragBet, WorldSpreads and Boylesports among other companies. McSorley also currently serves as a consultant for SBF Consultants.

    As head of international horse racing, McSorley will leverage his experience to help SIS grow its business and reinforce its horse racing offering. The new head will oversee the delivery of the company’s products, ensuring a new betting event is provided every three minutes.

    SIS is renowned for its proven horse racing solution. The company has over 400 clients, some of which are renowned global operators. Bet365 is one of the SIS’ most influential customers.  

    Byrne Praised McSorley as the Perfect Pick for the Job

    Conleth Byrne, product director for SIS, spoke about the new appointment. He explained that the company’s horse racing solution is ever-growing and needs to be constantly overseen.

    The ever-increasing scope of our round-the-clock horse racing product is testament to the hard work of the delivery teams at SIS, as well as the clear desire from operators for a seamless end-to-end solution that includes streamed pictures, a complete data feed, commentary, graphics with betting triggers, and an extensive range of prices and derivative markets.

    Conleth Byrne, product director, SIS

    Byrne added that McSorley has the experience needed to manage this robust solution. According to the director, the new head of international horse racing is “the perfect candidate” for the role.

    McSorley also shared his thoughts on his new position. He admitted that SIS’ 24/7 horse racing product has deeply impressed him. He is, therefore, happy to have the opportunity to manage these services and help the company grow. McSorley noted that the continued increase in customers attests to the product’s quality and added that he hopes to help SIS evolve even further.

    In other news, SIS recently launched another 24/7 product, this time for the esports industry. The betting odds are delivered with the help of Oddin.gg and guarantee superior margins for operators.

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  • IGT And DoubleDown Interactive Sign Settlement Over Benson Litigation

    IGT And DoubleDown Interactive Sign Settlement Over Benson Litigation

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    International provider of gaming technologies International Game Technology (IGT) and former IGT subsidiary DoubleDown Interactive have announced that they have succeeded in reaching an agreement in principle in connection with the legal case Benson v. DoubleDown Interactive.

    The Settlement Amount of $415 Million Will Be Covered by IGT and DoubleDown Interactive

    According to the terms of the settlement agreement, the total amount that will be contributed to the settlement fund will be $415 million. The amount will be divided between IGT and its subsidiaries and DoubleDown Interactive with IGT contributing $269.75 million. The amount that DoubleDown Interactive has to pay will be $145.25 million. As a result of the settlement, all plaintiffs are going to drop all claims in relation to the lawsuit.

    In April 2018, Adrienne Benson filed a lawsuit against DoubleDown Interactive and an IGT subsidiary at the US District Court. Benson claimed that the online casinos owned and operated by the defendants are illegal as they operate in breach of Washington’s Recovery of Money Lost at Gambling Act and Washington’s Consumer Protection Act. In July of the same year, more plaintiffs were added to the class action. The plaintiffs accused the defendants of unjust enrichment. Their claims were in connection with the recovery of funds lost on gambling.

    In order for the settlement to be finalized first the US Federal District Court for the Western District of Washington has to approve the reached settlement agreement.

    Digital games and web-based platforms developer DoubleDown Interactive was a subsidiary of IGT. The gaming technologies provider sold DoubleDown Interactive to South Korea-based game production company DoubleU Games back in April 2017, for the amount of $825 million. The deal formed a part of the signed strategic partnership between IGT and DoubleU Games regarding the production for social casino games.

    Accrued Expenses by IGT and DoubleDown Interactive in Connection with the Lawsuit

    Stemming from the costs in connection with the settlement agreement, both IGT and DoubleDown Interactive will suffer non-operating expenses for the period from July 1 to September 30, 2022. The expense for IGT will amount to $119.75 million, while the expense of DoubleDown Interactive will be $70.25 million. Additionally, DoubleDown Interactive has so far incurred expenses in connection with the Benson Matters totaling $75 million. On the other hand, IGT’s expenses related to the Benson case, which the company reported during the period from April 1 to June 30, amount to a total of $150 million.

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  • BIA: Operators May Spend $1.8B on Ads in 2022

    BIA: Operators May Spend $1.8B on Ads in 2022

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    Each year, US gambling operators tend to spend a lot on advertising. With the US gaming market being as competitive as it is, no company can allow its marketing efforts to be lacking. BIA Advisory Services, a US-based consultancy, predicts that this year’s spending will be much higher than last year’s as gambling companies remain bullish on attracting more customers.

    BIA Believes Marketing Expenses Will Skyrocket

    Experts believe that US operators may spend as much as $1.8 billion to promote their products across the country. For comparison, last year, operators spent only $1 million on ads. Nicole Ovadia, vice president of forecasting and analysis at BIA, also shared that ad spending may reach $1.9 billion in 2023.

    However, the actual spending in 2023 may be much higher, depending on potential changes to the regulatory landscape. If, for example, another big state legalizes gaming, companies will have to spend more to expand their influence while the market is still fresh. One such state is California which may soon see the launch of its own sports betting market.  

    BIA experts also noted that the popularity of gaming helps local media sellers in regions where gambling is legal.

    Companies’ Spending May Depend on Regulations

    So, which are the biggest spenders? It is hardly surprising that the companies that spend the most on advertisement are also some of the biggest operators in the US. The list is headed by companies such as Caesars Entertainment, DraftKings and FanDuel, which all spare no effort to promote their products to gamers in the country.

    Caesars, for example, recently ran a $1 billion campaign to acquire new customers. Following this stellar campaign, the company’s chief executive, Tom Reeg, said that Caesars will tone down the ad expenses. FanDuel, on the other hand, will “spend what it needs in order to be competitive” but will try to maintain a degree of financial discipline.

    Despite companies’ intentions to take a step back and reduce the money they spend on marketing, the changing regulatory landscape may force them to spend some more. As mentioned, operators will have to adapt when new states launch legalized gambling. While everyone remains focused on the fate of sports betting in California, other states, including Ohio, Massachusetts and Maryland, prepare to legalize iGaming next year.  

    While more markets mean more expenses on ads, they also mean more customers. If companies hope to grab the lion’s share of customers in new markets, they would also have to invest more in ads.

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  • GLI Promotes Angela Wong to VP of Global Lottery Solutions

    GLI Promotes Angela Wong to VP of Global Lottery Solutions

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    The gaming industry’s leading testing and certification services provider, Gaming Laboratories International (GLI), announced a senior management level promotion.

    Angela Wong Promoted to VP of Global Lottery Solutions at GLI

    The company unveiled Monday it decided to promote Angela Wong to the position of vice president of global lottery solutions. Previously, Wong served as GLI’s director of lottery solutions. She joined the company back in 2021. Now, in her new role, Wong will deliver strategic guidance for the company’s different lottery services.

    As the vice president of global lottery solutions, she joins GLI’s global leadership team. One key focus for Wong will be growing the company’s portfolio by creating new engagement opportunities. Additionally, she will seek to deliver value for GLI’s clients.

    Wong Has Significant Management Level Experience

    Wong has a Bachelor’s degree in International Relations and Affairs from Carroll College, a leading liberal arts college in Helena, Montana. Before joining GLI, she was most recently a president of the North American Association of State and Provincial Lotteries (NASPL). During her ten-year tenure at NASPL, Wong held multiple leadership-level positions. Her professional background also includes a director-level position as a part of the Montana Lottery.

    The landscape for lotteries is changing rapidly, and we are confident in Angela’s ability to coordinate the highly specialized professionals from our global teams with our lottery clients to help them navigate the future of the industry.

    Kevin Mullally, VP of government relations and general counsel at GLI

    In a recent press release, GLI’s VP of government relations and general counsel, Kevin Mullally, outlined that the lottery is a part of an industry that changes quickly. However, he added that with Wong’s professional background, GLI is confident that the new promotion will bring success for the company and its growing portfolio of clients.

    Founded more than three decades ago, GLI offers high-quality land-based, iGaming and lottery testing as well as assessment services. Currently, the company has offices on six continents and its growing number of partners includes leading operators, suppliers and gaming regulators. GLI operates in 480 jurisdictions globally and has certificates and compliance accreditations.

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  • BlueBet Launched Its First US ClutchBet Sportsbook in Iowa

    BlueBet Launched Its First US ClutchBet Sportsbook in Iowa

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    Mobile sports betting operator BlueBet announced late Sunday that it has received its sports betting license from the Iowa Racing and Gaming Commission (IRGC).

    First Stage of US Entry Strategy

    The license issued by the IRGC allowed ASX-listed BlueBet to take its first bet in Iowa under its ClutchBet brand Monday afternoon, making the state the first to become operational for BlueBet and marking a significant milestone for the company’s “Capital Lite” entry strategy in the US.

    “This is a huge moment in BlueBet’s history,” commented Bill Richmond, chief executive officer of BlueBet, excited to announce that the company is bringing its sportsbook offering to sports fans in Iowa and confident that the fans “will respond well” to the company’s “first online offering and differentiated market positioning.”

    The Australian mobile wagering operator has undergone a successful verification and testing process for its proprietary technology with Gaming Laboratories International (GLI) and has the platform to execute the first stage of its US entry strategy.

    The launch in Iowa was made possible after BlueBet signed a five-year market access deal with the Dubuque Racing Association that operates the Q Casino and Hotel in July last year. The deal has an option for BlueBet to extend its duration by another five years.

    “I would like to thank everybody who has made this moment possible, including our BlueBet team and valued partners in Iowa, the Dubuque Racing Association,” Richmond added.

    By launching its B2C brand ClutchBet, BlueBet is looking to set an example of how the combination of its tech and operating team can run profitable sportsbook operations ahead of launches in Colorado, Louisiana and Indiana where market access has already been secured.

    Second Stage of US Entry Strategy

    Bluebet is not planning on extending its B2C offering outside of these four states as the company considers that its B2B differentiated offer is its best approach to the continuing to grow sports betting market in the US.

    According to Richmond, the launch of the ClutchBet sportsbook in these four states will complete the first stage and shift the focus to the second stage of BlueBet’s US entry strategy – the launch of its labeled Sportsbook-as-a-Solution offer – and to execute on it, the company would need to enter into B2B partnerships.

    Earlier today, BlueBet released its FY22 financial results and revealed that the business continued on the growth trajectory, posting turnover and wagering revenue growth of 48.5% and 53% year-over-year, respectively.

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  • Fanatics Boss Confirms Sports Betting Coming Before Year’s End

    Fanatics Boss Confirms Sports Betting Coming Before Year’s End

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    Fanatics‘ long courtship of sports betting in the United States may finally be fleshing itself out, as company founder Michael Rubin confirmed the news during a podcast interview. Rubin appeared on FanDuel’s podcast The Volume with Colin Cowherd.

    Yes, Fanatics Will Accept Wagers in 2022

    The fact that Rubin has been invited to share the news on what is clearly a rival platform and product is interesting, though. Were FanDuel and Fanatics to butt heads, Rubin would have probably chosen to not attend, nor FanDuel invites a competitor.

    Regardless, Fanatics seems all set. Bets on the Sixers (referring to NBA franchise the Philadelphia 76ers) will be accepted by year’s end, Rubin confirmed. Earlier this year in June, it became clear that the company is divesting from the 76ers and the New Jersey Devils, an NHL franchise, which many interpreted as the company active preemptively to ensure that should it enter sports betting, there is no conflict of interests.

    Fanatics seems to be all systems go to realize its sports betting ambitions and while details about the full picture are still somewhat lacking, there have been many interesting developments. Notwithstanding the share sales, Fanatics is also hiring 60 new people for its betting and gaming business, according to job postings on its career website.

    Fanatics also managed to secure former CEO Matt King from FanDuel, which once again links the two companies.

    The Single-Most Valuable Company in Sports

    The company already holds a patent for a mobile betting app, sportsbook, and casino. Rubin also does not lack confidence, arguing that Fanatics could be the single most valuable entity in sports and even technology.

    Fanatics is not looking to make an immediate splash in the market, either, as Rubin seems to be taking a very long-term view of the market. Rather, Rubin expects for the dust to settle first and regulation to go mainstream everywhere in the United States. It already has in more than 34 states, but there are more.

    Fanatics is in a good starting position as it has a customer database of 100 million people which will give it a strong push forward once it launches in earnest.

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  • 2Mee CEO James Riley: “We Break Barriers to Build Emotional Connection and Market Products Responsibly”

    2Mee CEO James Riley: “We Break Barriers to Build Emotional Connection and Market Products Responsibly”

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    Creating a more immersive experience is all part of iGaming and sports wagering operators’ broader ambitions. To achieve that, they need to deploy the right technological solutions. 2mee, a hologram messaging platform, is confident that operators stand to benefit by leveraging its unique approach to marketing, customer support, and interaction. Creating a bond between the business and customer translates into better engagement and retention, and 2mee could be an important future driver of these metrics for operators. In fact, it’s already happening.

    Can you tell us about 2mee and what your platform does for iGaming operators specifically?

    2mee has been developed to allow iGaming operators to facilitate face-to-face communication with their players. Our simple yet powerful platform lets them capture and transmit real people as messages, fostering an emotional connection. This human touch and the empathy it creates deliver unprecedented engagement.

    This could be in the form of using a brand ambassador to record and send messages around a new promotion or game launch, or it could be a customer service agent touching base with an individual player to check that they are remaining in control of their play. The opportunities are endless.

    Operators can also use it to strengthen their relationship with affiliate partners, and instead of pushing outdated banners on their sites and pages, launch hologram messages instead. We have recently run a campaign just like this with BetVictor, Skybet, and RacingTV, and the click-through rates have frankly been off the charts: Across multiple campaigns, there has been an average click-through rate (CTR) of 28%.

    Have you seen positive response from consumers and businesses or are people still a little on edge about holograms?

    The feedback from the iGaming operators that we work with has been overwhelmingly positive to date. And why wouldn’t it be – the campaigns they are launching via the 2mee platform are delivering unprecedented engagement and conversion rates. Human hologram messages are really about generating an emotional connection and using that connection to market products and experiences authentically and responsibly. This can be a challenge for iGaming operators, but one that 2mee helps them to overcome.

    For example, we recently launched a campaign with Heart Bingo which used brand ambassador Olly Murs to deliver a series of hologram messages to players. This resulted in a 37% increase in click-through rates and a 27% increase in customer account long-ins.  

    Are there any technological challenges to implementing your solutions or are you at the point where you only need to continue fine-tuning?

    The 2mee platform is proven and is extremely easy to integrate into existing workflows. It has been built in partnership with engineers at IBM and has a very simple and intuitive interface. To create a message, simply record the person delivering the communication via the smartphone in their pocket and from any setting. The 2mee algorithms recognize the human form and cut out surrounding clutter. The message can then be sent instantaneously to audience segments or on-demand, all controlled from our platform with detailed reporting and analysis in real-time.

    In addition to hologram messages, the platform also sends ‘standard’ text and rich media messaging so if there is a wish to create a cost-saving there is no need to duel platform. It also integrates seamlessly with CRM systems and to any website or app via a simple SDK installation.

    Do you fear the competition in this sector or you are confident the 2mee product will still blaze trails no matter who enters the space?

    2mee has a deep DNA in creating messaging technologies that break down the current digital barriers and allow us all to communicate on a human level. Our ideals and our mission will not change, and we have a very exciting vision and roadmap that will only enhance how we engage empathetically. There are currently no competitors in the sectors we operate in, and our job is to ensure our patented technology stays ahead of the game.

    Can you imagine holograms implemented in the customer journey besides customer support?

    Human holograms can be used at all touchpoints across the customer journey, from acquisition to retention, to payments, customer support and safe gaming. Anywhere along the way that an operator might wish to communicate with the player, a human hologram message can be used to create an authentic connection and drive huge levels of empathy between brand and player. There really is no limit to how operators can use 2mee to unlock the power of hologram messages and face-to-face communication.

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  • SkillOnNet Launches with Wazdan Content in Ontario

    SkillOnNet Launches with Wazdan Content in Ontario

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    SkillOnNet has confirmed that it has rolled out Wazdan’s titles in Ontario. The operator of online casino platforms behind some of the world’s biggest brands, including PlayOJO. Wazdan has had a license to operate in the newly regulated provincial market in Canada since May and its games have been an important part of the local ecosystem.

    Wazdan Now Available on SkillOnNet Casinos

    SkillOnNet will be among the first to launch with the proprietary Wazdan games developed to build upon fresh iGaming experiences. Players at PlayOJO will be able to enjoy 9 Burning Dragons, Dwarves Fortune, Sizzling Moon, and others. Wazdan will be able to access casinos besides PlayOJO, including Slots Magic, KnightSlots, and SpinGenie.

    The partnership was welcomed by SkillOnNet head of games Jani Kontturi who said that the company was excited to be working with Wazdan and break ground into new regulated markets. Wazdan games have already proven extremely popular with players around the world. Kontturi added:

    We are now very excited to introduce them to our Ontario audience and I’m very confident that they will be just as popular.

    SkillOnNet head of games Jani Kontturi

    Wazdan is licensed to operate in more than 20 jurisdictions worldwide and offers a staggering portfolio of more than 150 slot games. Commenting on the latest partnership, Wazdan CCO Andrzej Hyla said:

    We are always looking to expand our international reach and have identified Ontario as being a market of great potential, therefore building our presence via our partnership with SkillOnNet is a significant moment for us.

    Wazdan CCO Andrzej Hyla

    Wazdan recently released its Sizzling Kingdom Bison and has been actively expanding in other jurisdictions. The supplier has partnerships with StarCasino in Italy and Casino777 in the Netherlands.

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  • FSB Sets Up Headquarters for New Tech Hub in Colombia

    FSB Sets Up Headquarters for New Tech Hub in Colombia

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    FSB, a global B2B sports betting and iGaming supplier, continues to strengthen its positions in the Latin American market with new offices in Colombia. The company is setting up a technology hub in the country to help it push and expand in the region. FSB is equipping its newly onboarded local technology team with the necessary means to sustain the company’s ambitions in South America and beyond.

    FSB Doubles Down on Latin America and Poises for Stronger NA Push

    Besides focusing on Latin America, FSB is also going to leverage the Colombia team’s expertise to help with growth in North America. The 30-people team is going to assist with making stronger inroads in markets that are of immediate interest to the company and the new squad will work and coordinate with FSB’s global teams to continue delivering on a strong presence and products that make a difference.

    FSB CEO Dave McDowell welcomed the opportunity and said that this is a significant move in expanding the company’s presence in South America and growing its global footprint. He added:

    Opening a new hub in the Americas has become essential due to the rapid growth of our North American client portfolio over the last 12 months as well as our strong ambitions in the LATAM region.

    FSB CEO Dave McDowell

    McDowell assured that these new headquarters will give FSB the means to expand both in Latin America and North America as it seeks to secure the strongest partnerships and deliver the best possible products. The company has been making changes to its executive lineup over the past months.

    FSB appointed Kenneth Paterson as its new global delivery director in July. Later that month, the company promoted Lisa Waterfield to director of sales for the North American region. Most recently in August, FSB broke ground in South Dakota where the company obtained a supplier license.

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