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Gambling in the USA

Futbol Sites joins forces with top industry executives to drive scale-up

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Futbol Sites Network Group (FSN) has joined forces with top industry executives Jordan Gnat, Robin Chhabra and Andy Clerkson, who together have acquired a significant interest in the Group, as well as appointing Mr. Gnat to the position of Vice Chair.

These three leading stalwarts, who bring over 60 years of combined experience building brands in the sports, betting and media sectors, are committed to FSN’s expansion and reach – not only in its current North American and LatAm markets, but also broadening its footprint into new global territories. With offices and operations in Argentina, Brazil, Colombia, Chile, Mexico and the United States, Futbol Sites bridges the gap between brands and fans, using data, technology and a deep knowledge of the sports industry.

FSN is a digital media powerhouse, focusing on Latin America and the USA, which owns and operates 10+ sports websites. Founded in 2008 by Argentinian entrepreneurs Federico Grinberg and Nahuel Pan, FSN helps global brands and Football Federations to manage their digital and social media assets, designing and executing powerful fan-oriented strategies.

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FSN attracts more than 60 million unique monthly visitors to its web assets and more than 300 million unique monthly visitors to its social media channels.

 

·       Company Size: +100 employees

·       Website: https://futbolsites.net/

·       Industry: Digital Sports Media

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Jordan Gnat is a Senior Business Executive with over 25 years of leadership experience and over 17 years in the global gaming and media industries. Most recently, Gnat was the Group Senior Vice President of The Stars Group, the parent company of PokerStars, FOX Bet, PokerStars Casino, Sky Betting and Gaming and Oddschecker Group Media.

Robin Chhabra is an experienced executive in the online gambling sector and currently serves as the Chief Executive Officer of FOX Bet, a landmark partnership between Flutter Entertainment and FOX Sports in the USA. He was previously on the Executive Committees of The Stars Group, William Hill and Inspired Gaming Group where he focused on strategy, business development and M&A and expanded the global footprint of each of these companies.

Andy Clerkson has spent three decades building brands for media, sports betting and gaming companies in the USA, UK and Europe. In 2019, he helped The Stars Group and FOX Sports set up FOX Bet, for whom he is a senior advisor. In 2007, Clerkson founded influential digital marketing agency Grand Parade, which specialized in sports betting and was acquired by William Hill in 2016. Previously, Clerkson had a media career in both London and New York culminating in running Maxim USA, which under his stewardship became the world’s most successful men’s lifestyle magazine.

Federico Grinberg, co-founder and CEO of FSN, said: “We started FSN 12 years ago in Argentina. This is a company that has been profitable and growing non-stop from day one. With passion, focus and perseverance we expanded operations all across LatAm and the USA. Now, we are ready to take the company to the next level by joining forces with Jordan, Robin and Andy.”

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Grinberg added: “Having these three superstars of the industry as investors, as well as Jordan joining our Board, will not only help FSN expand its network and reach, but also allow us to take the company to the next level, leveraging their shared knowledge and advice, and consolidating FSN as a global group synonymous with digital sports content.”

Jordan Gnat said: “Businesses are premised on their people and the team at FSN are second to none. I am honoured that they have chosen me, Robin and Andy to contribute to their winning ethos. We look forward to bringing our combined sports, media and gaming experience to bear at the company. The platform that has been built is rock solid and we look forward to working with the team to maintain the strong growth in LatAm, the USA and beyond.”

 

The terms of the acquisition were undisclosed.

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Dennis Ramirez

Mechoopda Casino to Suspend Operations Effective January 31, 2025

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The Mechoopda Indian Tribe has announced that the Mechoopda Economic Gaming Authority (MEGA) Board has made the decision to suspend operations at Mechoopda Casino. The final day of operations will be Friday, January 31, 2025.

The Mechoopda Casino says this decision comes after months of deliberation and efforts to address the various challenges affecting the casino’s operations.

Dennis Ramirez, Tribal Chairman of the Mechoopda Indian Tribe, said: “Suspending operations at the Casino is a heart-wrenching decision that affects not only our Tribe but also our valued employees, customers, and the surrounding community. While this chapter is closing, our commitment to the Casino’s long-term vision remains steadfast. For over 25 years, this project has been a cornerstone of our economic development goals, and we will continue to work toward its future reopening.”

The Tribe is taking steps to support both its employees and community partners during this transition period:

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Employee Support: The Tribe is committed to offering resources and guidance to assist team members through this difficult time.

Remaining Open Until January 31: The Casino will remain open through its final day of operation, giving guests the opportunity to enjoy the remaining days of service.

The post Mechoopda Casino to Suspend Operations Effective January 31, 2025 appeared first on Gaming and Gambling Industry in the Americas.

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Gambling in the USA

Gaming Americas Weekly Roundup – January 13-19

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Welcome to our weekly roundup of American gambling news again! Here, we are going through the weekly highlights of the American gambling industry which include the latest news and new partnerships. Read on and get updated.

Latest News

International Game Technology PLC announced that it is the first gaming industry supplier to receive the Internet Compliance Assessment Programme (iCAP) Ready accreditation for its iLottery operations from the National Council on Problem Gambling (NCPG). Based on the original iCAP designed for gaming operators, iCAP Ready is a U.S. accreditation programme designed for gaming suppliers who are committed to upholding responsible gaming standards across their products and services. Supported by the NCPG, iCAP Ready utilises best practices from the Internet Responsible Gambling Standards to ensure suppliers implement and maintain responsible gambling policies, provide effective staff training and offer comprehensive player support tools.

Light & Wonder Inc. has announced Simon Johnson as the new CEO of the Company’s iGaming business. Simon has been with Light & Wonder since 2017 and has been instrumental in driving the international commercial efforts of the Gaming business in his most recent role as Senior Vice President and International Managing Director. As part of his new role, Simon will report directly into Light & Wonder President and CEO Matt Wilson and join the Company’s Executive Leadership Team.

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Las Vegas sports betting venture Circa Sports awarded $20,266,000 in prizes to the winners of its professional football contests, Circa Survivor and Circa Million VI. Highlights of the winnings included the largest Circa Survivor pool in contest history of $14.26 million. This was split equally among C3 Picks, DREAM STAKES, MEATBALL BROTHERS, PUMBAPACK9, TY1823, VODKA JOHNNY, WHATEVERYALLWANT and Whiskey Business. The $1 million Circa Million VI prize went to Team BP.

Partnerships

ESPN and PENN Entertainment announced that 10 additional retail sportsbooks at key PENN properties will be rebranded to “ESPN BET Sportsbook” in early 2025 (subject to all regulatory approvals), increasing the total number of ESPN BET branded sportsbooks at PENN properties to 19. The new ESPN BET locations will serve customers across Pennsylvania, Colorado, Ohio, Iowa, Indiana and West Virginia under PENN’s popular Hollywood and Ameristar Casino brands.

The Ottawa Black Bears announced an extensive partnership agreement with PowerPlay Online Sportsbook and Casino that will see the company’s logo featured on the club’s home and away jerseys. In addition to the jersey partnership, PowerPlay will also have branding elements inside the goal crease, behind the bench, on the LED display ring and along the rinkboards for Black Bears home games at Canadian Tire Centre. As part of the deal, PowerPlay also becomes the exclusive sportsbook and online casino partner for the Ottawa Black Bears.

The Professional Fighters League (PFL), the fastest growing and most innovative sports league, announced a multi-year partnership naming Cloudbet as the official and exclusive Sports Betting and Online Casino Partner of the PFL. This new collaboration will bring crypto-powered betting to PFL events, starting with the highly anticipated Road to Dubai Champions Series on January 25. Cloudbet has been a trusted name in the cryptocurrency world for over a decade. With this partnership, they will bring a whole new way to engage with MMA fans by combining their expertise in crypto sports betting with PFL’s innovative approach to fighting.

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The post Gaming Americas Weekly Roundup – January 13-19 appeared first on European Gaming Industry News.

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Arizona Department of Gaming Releases October Sports Betting Figures

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Bettors in Arizona wagered approximately $791 million on sports in October of 2024, according to a new report by the Arizona Department of Gaming. This represents an approximate 22% increase when compared to October of 2023.

The state collected approximately $2.35 million in privilege fees in the month.

The post Arizona Department of Gaming Releases October Sports Betting Figures appeared first on Gaming and Gambling Industry in the Americas.

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