Connect with us

News

Gambling – Doubling down on the US market, changing the game with faster payouts

Published

on

Reading Time: 2 minutes

We found an interesting update about the developments of the gambling industry in the USA.

Based on the blog post written by Worldpay, there have been huge developments in the gambling industry over the last 6 months. The blog post highlights a talk with Daniel Belda, VP of Digital Content & Gambling, to see what’s been happening and what’s yet to come.

You can find the full article below:

What have your top 3 highlights of 2018 been so far?

  • As of 14th May 2018, the Supreme Court decided to give individual US States the ability to legalise betting on sporting events, which makes for a significant opportunity and new market dynamics.
  • The World Cup fever has hit and it has been full of unpredictable results and unexpected knockouts. It’s been a very exciting time for the gambling industry.
  • One of the key highlights for us is working with and learning from our colleagues across the pond in what was called Vantiv Entertainment Solutions, about the US gambling market and understanding the new opportunities our collaboration now brings across the globe.

Recently, there have been some major developments in terms of gambling in the US.  What opportunities do you see these presenting gambling companies?

Although the Supreme Court decision  paves the way for states to self-regulate, we will only start seeing opportunities materialize towards the end of the year once states have been able to create and vote on their legislation. We see several major players already positioning themselves to take advantage of these opportunities as soon as they become real.

What are you looking forward to the most in the 2nd half of 2018?

  • From everything going on, I’m most excited about the opportunities created in the US due to the Supreme Court decision. With so much regulatory change, for the rest of the year we will be looking at how companies deal with these changes and how we can help in that process.
  • Visa Direct and faster payouts have resulted in a huge shift in the gambling landscape, changing the payouts model from 2-5 days to 30 mins. This is going to enable global, regional, domestic and cross-border real-time payments. Players will benefit from faster deposits and withdrawals, and merchants can manage this through a single gateway integration.

Which gambling companies are doing exciting things – and why?

  • Betfair acquiring US fantasy football company, FanDuel, earlier this year to take advantage of PASPA changes in the future.
  • Stars Group have agreed to buy Sky Betting and Gaming, which would create the largest publicly listed gambling company in the world.

About Worldpay

Worldpay, Inc. (NYSE: WP; LSE: WPY) is a leading payments technology company with unique capability to power global integrated omni-commerce. With industry-leading scale and an unmatched integrated technology platform, Worldpay offers clients a comprehensive suite of products and services globally, delivered through a single provider.

Worldpay processes over 40 billion transactions annually through more than 300 payment types across 146 countries and 126 currencies. The company’s growth strategy includes expanding into high-growth markets, verticals and customer segments, including global eCommerce, Integrated Payments and B2B.

Worldpay, Inc. was formed in 2018 through the combination of the No. 1 merchant acquirers in the U.S. and the U.K. Worldpay, Inc. trades on the New York Stock Exchange as “WP” and the London Stock Exchange as “WPY.”

Visit us at www.worldpay.com.

For more information, please contact:

Worldpay, Inc. Email  Telephone  
Emily Lahey Emily.lahey@worldpay.com +44 (0) 203 664 5663  
  Louise Mead worldpayecommteam@golin.com +44 (0) 207 067 0585


Source: European Gaming Media Latest News

News

DraftKings joins hands with Scarlet Pearl Casino Resort

Published

on

DraftKings joins hands with Scarlet Pearl Casino ResortReading Time: 1 minute

 

US-based DraftKings has signed an agreement with Scarlet Pearl Casino Resort in D’Iberville, Mississippi to officially open DraftKings at Scarlet Pearl Sportsbook. The new facility will start functioning on 16 November 2018. The sportsbook will transform Scarlet Pearl’s existing PRL Bar into a multi-screen betting and social destination for sports lovers.

“We’re thrilled to be working with Scarlet Pearl Casino Resort, whose leadership has a high bar for quality and a forward-thinking approach to sports betting; a perfect fit for DraftKings,” said Matt Kalish, Chief Revenue Officer and co-founder of DraftKings. “We’re excited to bring and offer an innovative sports betting experience to sports fans in one of the largest and most competitive gaming markets in the U.S.”

DraftKings at Scarlet Pearl Sportsbook will offer a superior customer experience that includes the opportunity to wager on dozens of sports. In addition, the sportsbook will soon offer live, in-game betting with three windows, giving sports fans a variety of ways to place their bets. Pending regulatory approval, the sportsbook will incorporate on-site kiosks and an on-premise mobile app.

 “We are excited to introduce DraftKings, a ‘New Way’ to game for our current and future guests,” Scarlet Pearl Casino Resort CEO LuAnn Pappas said. “Our collaboration with DraftKings is an opportunity for us to continue to set high standards on the Mississippi Gulf Coast and give our players a new home for sports betting.”

Directing the Scarlet Pearl Sportsbook team will be Nicholas “Nico” Sfanos, who previously ran sportsbooks for Station Casinos throughout Nevada.

 

Source: 5StarMedia


Source: European Gaming Media

Continue Reading

News

Aragon and Catalonia officials visit Zitro Games

Published

on

Aragon and Catalonia officials visit Zitro GamesReading Time: 1 minute

 

The high officials of Aragon and Catalonia have visited the facilities of Zitro Technological Campus in Barcelona. The visiting team was headed by the Interior Justice Director of the Government of Aragón, Ms. María Ángeles Júlvez León, and the Tax and Gambling Director of the Generalitat of Catalonia, Ms. Natalia Caba Alba. They were accompanied respectively by the Head of Authorisation and Sanctions Service Ms. Elena Pérez Aparicio and by the Gambling Deputy Director Mr. Amadeu Farré i Morel. The team examined the manufacturing process behind each product in detail.

Forming an exceptional entourage, and accompanied by Johnny Viveiros Ortiz, founder of Zitro, Manuela Jiménez, Vice President, Sebastián Salat, CEO, Marta Cuesta, Product Director, and Cristina García, Director of Institutional Relations, the authorities have visited the different departments which are located in the Zitro Technological Campus, where software development, video bingo and video slot game design and Zitro Interactive applications are carried out.

The campus, which is fully devoted to Research + Development + Innovation activities, also has state-of-the-art video and sound recording studios, as well as a plant that’s dedicated to the manufacture and quality control of Zitro and Bryke gaming machines.

Johnny Viveiros Ortiz said that “we are very grateful to the authorities for their interest in learning about our Technology Campus and we are very proud to show them our Factory of Ideas in detail, where Zitro’s great team turns them into unique experiences for players around the world, using the most advanced technology on the market.”


Source: European Gaming Media

Continue Reading

News

From Alpha to Omega, BetConstruct chooses SiGMA

Published

on

From Alpha to Omega, BetConstruct chooses SiGMAReading Time: 2 minutes

 

Staying on a track of the latest regulatory and technological developments, on November 28 to 30 BetConstruct representatives travel to the capital of Malta, to participate in professional networking event SiGMA 2018.

“Malta iGaming Summit started 5 years ago, just when we established our office on the island. Since then the event has grown tremendously, just like BetConstruct, and became one of the most significant exhibitions in our busy calendar of events. Given all that plus a number of our products licensed by Malta Gaming Authority, we simply could not miss the expo.” – said Kristina Hambardzumyan, Regional Director in Malta.

To the world’s igaming village BetConstruct takes its fully-fledged white label offerings for the regulated European market. The line-up of gaming products has RNG and Live Casinos, Skill Games and Poker that has been recently added to our set of licensed products by MGA. As for betting solutions we have Sportsbook, Fantasy Sports and Virtual Sports. FeedConstruct will showcase the company’s data feed products with 4 in 1 solutions and Friendship Platform, a live video stock for federations and sporting video providers.

Alongside our standard package, the gaming products of well-known Malta-licensed casino providers are also available through our platform due to the recently granted approval from the Malta Gaming Authority.

BOOK A MEETING

BetConstruct is an award-winning developer and provider of online and land-based gaming solutions with development, sales and service centers around the globe.
BetConstruct’s innovative and proven offerings include an extensive range of products and services, including Sportsbook, Sports Data Solutions, Retail Solutions, RNG & Live Dealer Casino, VR Casino, Poker, Skill Games, Fantasy Sports, Social Platform and more. The latest addition is the industry-first complete management infrastructure, SpringBME (Business Management Environment).
All partners benefit from the BetConstruct Spring platform with its powerful back office tools and all-inclusive services that empower operators’ growth and help contain their costs. From stand-alone set up to turn-key and white label solutions, BetConstruct offers its partners unfettered opportunity to succeed.


Source: European Gaming Media

Continue Reading

Trending

%d bloggers like this: