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Svenska Spel Introduces New Sales Commission Model for its Swedish Lottery and Gaming Agents

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Svenska Spel has introduced a new sales commission model for its Swedish lottery and gaming agents.

The new model marks the first commission change for Svenska Spel retail agents in the state-owned operator’s 30-year history serving as Sweden’s monopoly for gambling services.

From this month onwards, Svenska Spel will increase its “percentage sales commission” on retail games and lottery tickets. The operator will incentivise retail agents with an increased percentage fee for new customers.

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However, under the new model, Svenska Spel will no longer compensate retail agents for player winnings on lottery and game prizes, and has also terminated its Saturday main draw bonus reward.

The operator has added that its 5000 retail agents were informed of the commission changes at the start of the year, with the monopoly publishing a video breaking down its new commission model.

“Svenska Spel is the entire Swedish people’s gaming company and we need to ensure that our business is competitive. Therefore, we are pleased that we have been able to develop a commission model that means an improvement for both us and our agents,” Tove Kandell, Retail director of Svenska Spel, said.

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Bart Myers

Lottery.com Inc. Relaunches Sweepstakes Operations

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Lottery.com Inc. announced the restart of its sweepstakes operations in conjunction with the WinTogether Trust, a registered 501(c)3 charitable organization. The proceeds from the sweepstakes will benefit Street Child United. The sweepstakes had a soft launch on April 3, 2024, and is available at http://donateto.win, the successor to Lottery.com’s WinTogether.org platform.

Street Child United is a global organization dedicated to improving the lives of street-connected children. The organization focuses on four key pillars: Ensuring every child has birth registration which provides access to healthcare and education; protecting children against abuse, exploitation, and trafficking; securing access to education; and setting a foundation for gender equality.

Donors are incentivized to give by receiving entries to win an Apple Vision Pro mixed reality headset. More information and donation options can be found at https://donateto.win. The sweepstakes to support Street Child United will continue until 11:59PT on August 31, 2024. The winner will be announced on or around September 20, 2024.

Matthew McGahan, CEO of Lottery.com, said: “This is a significant milestone for Lottery.com. The Company, through its partnership with the WinTogether Trust, is resuming its commitment to supporting philanthropic initiatives that focus on responsible gaming along with local, regional, and global charitable initiatives. Street Child United is a wonderful organization. We believe their mission will resonate with the Sports.com’s growing global user base.”

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Bart Myers, Director of the WinTogether Trust, said: “The WinTogether Trust board is excited for our organization to play a role in the resurgence of Lottery.com. Being able to leverage their powerful brands, Lottery.com and Sports.com, will allow us to exponentially expand the number of organizations we support and the financial impact our sweepstakes make for them.”

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Chris Schroder

Colorado Launches Illegal Gambling Awareness Campaign

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The Colorado Division of Gambling has launched a new illegal gambling awareness campaign.

The “Play Legit. Gamble Only Where Legal.” campaign aims to educate the public about the risks associated with illegal gambling and the importance of supporting regulated gaming venues.

The campaign emphasizes legal gambling options, including casinos in Black Hawk, Central City, and Cripple Creek, as well as online sports betting and off-track betting.

“With many certified and legal gambling sites available, it’s never worth it to put yourself in danger. Together, let’s play by the rules and ensure that Colorado remains a safe and responsible gaming destination. By recognizing and preventing illegal gambling, we all win,” Chris Schroder, Director of the Colorado Division of Gaming, said.

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In Colorado, gambling opportunities abound, but not all are legal. Illegal gambling operations not only fail to protect players but can also serve as a breeding ground for serious crimes, including fraud, human trafficking, drug trafficking, and burglary, posing a threat to public safety and community well-being. Participants in illegal gambling activities also compromise personal and financial information, putting individuals at risk of identity theft, unreliable payouts, and potential legal consequences, such as fines and imprisonment.

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Justin Psaila CFO White Hat Gaming

White Hat Gaming strengthens executive team with Justin Psaila announced as new Chief Financial Officer

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Appointment comes as White Hat Gaming continues its US expansion

Leading iGaming platform provider, White Hat Gaming, has appointed industry expert Justin Psaila as its new Chief Financial Officer as the company continues to grow its operations worldwide.

Psaila joins with nearly two decades’ worth of industry experience following eight years at Betsson Group and close to nine years in his former role as CFO at Gaming Innovation Group.

He will now oversee White Hat’s financial division to assist in the provider’s goal of enhancing its operations across the globe, in particular in the US, where it has made significant progress.

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White Hat has already partnered with iGaming giants Bally’s and New Jersey-based lottery operator Jackpocket to supply its cutting-edge Player Account Management solution, while also bolstering its presence in Oklahoma through an agreement with the Choctaw Nation.

Phillip Gelvan, CEO, White Hat Gaming, said: “We are delighted to announce that Justin Psaila will be joining the White Hat Gaming team as CFO. Justin is well respected in the industry, and I have no doubt his appointment will strengthen our already impressive executive team.

“White Hat is consistently working to deliver on its global expansion goals, and Justin will be key in ensuring the company’s financial objectives are attained.”

Justin Psaila, CFO, White Hat Gaming, said: “I am very happy to be starting my new position as Group Chief Financial Officer at White Hat Gaming.

“I am joining a brilliant team and look forward to helping deliver on White Hat’s ambitious growth plans across the US and beyond.”

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