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VBET – NEW MAJOR PARTNER OF PARIS FC

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Paris FC and VBET are pleased to announce their newly-signed official partnership for the end of the 2021-2022 and the 2022-2023 season.

Recently on the market as a sports operator, VBET is expanding rapidly as a significant player. The official partner of AS Monaco for almost two years is in a pursuit of strengthening its position in the French sports sphere by joining forces with Paris FC. This partnership offers VBET additional visibility in the sports arenas of Ligue 2 BKT and D1 Arkema, and among their supporters.

This season, Paris FC is making a name for itself with its talent, and the results are in line with its stated ambitions. Currently second in Ligue 2, the men’s team aspires to join the elite of French football. As for the women’s first team of Paris FC, it is also shining in the D1 Arkema and is currently in third place in the championship and is qualifying for the Champions League.

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Aiming to become a key player in online sports betting, this new partnership is fully in line with this dynamic. This union is based on an ambitious and unifying project – that of accelerating the development of the two structures, both on a sporting and human level.
Through this partnership, VBET will be an integral part of the colours of Paris FC with its logo displayed on the team uniform for the next 18 months for all Ligue 2 BKT and D1 Arkema matches.

David OZARARAT, CEO of Softconstruct France group / VBET: “We are very happy to support Paris FC, it is a great opportunity for VBET to be present alongside the second Parisian club, which is followed by real fans, evolves in the top 3 of its championship and has the means of its beautiful ambitions.”

Pierre FERRACCI, President of PARIS FC.
“We are delighted and proud that VBET is joining the circle of Paris FC partners. This new collaboration with a very dynamic player in its sector of activity illustrates the attractiveness of Paris FC and its development project in France and internationally. I would like to thank VBET for their support and for the great confidence they have shown in us. Welcome to VBET with Paris FC.”

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Pennsylvania Gaming Control Board Releases Annual Report

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The Pennsylvania Gaming Control Board (“PGCB”) has released the 18th edition of its Annual Report.

The PGCB’s 2023-2024 Annual Report provides detail on the work of the agency in regulating the Commonwealth’s gaming industry, and also includes:

  • individual revenue figures during another record-setting fiscal year for slot machines, table games, sports wagering, internet gaming, fantasy sports contests and video gaming terminals at eligible truck stops;
  • a year in review report with pertinent statistical figures from the PGCB’s key bureaus;
  • information on the PGCB’s efforts to stop adults from gambling while leaving minors unattended; and,
  • a section on problem gambling and the PGCB’s Self-Exclusion Program.

The PGCB was established in 2004 through the passage of the Pennsylvania Race Horse Development and Gaming Act. Since then, it has become one of the pre-eminent gaming regulators in the world overseeing all aspects of gambling in the Commonwealth. Currently, the number of outlets for the various types of gaming regulated by the PGCB are:

  • 17 land-based casinos;
  • 18 retail sports wagering locations;
  • 12 online sports wagering sites;
  • 22 sites for online casino-type games (slot machines, table games, poker);
  • 74 truck stop establishments with Video Gaming Terminals (VGTs); and,
  • 9 online fantasy sports contest sites.

In addition to supporting nearly 16,000 jobs at casinos, overall gaming revenue reached a record high during the fiscal year generating $5.89 billion and resulting in $2.54 billion in tax revenue.

The 2023-2024 Annual Report can be downloaded as a PDF document by choosing Organization Reports under the About PGCB tab on the agency’s website.

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Allwyn International a.s. relocates to Switzerland

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Allwyn, a leading multi-national lottery operator headquartered in Switzerland, announced that the Allwyn entity Allwyn International a.s. (“AIAS”) has relocated from the Czech Republic to Switzerland. Effective 1 October 2024, AIAS has become a Swiss entity (under the new legal name Allwyn International AG) and has transferred its place of business to Switzerland.

As of the date of relocation, the €500 million 3.875% senior secured notes due 2027 (the “2027 Notes”) originally issued by AIAS have been transferred to Allwyn Entertainment Financing (UK) Plc, as substituting issuer. Allwyn Entertainment Financing (UK) plc is the issuer and borrower of certain other Allwyn bonds and loans. AIAS has become a guarantor of the 2027 Notes, which continue to be guaranteed and collateralised pari passu with other indebtedness under Allwyn’s intercreditor agreement dated 16 December 2020.

The relocation has no effect on Allwyn’s workforce or lotteries and gaming operations in the Czech Republic.

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The post Allwyn International a.s. relocates to Switzerland appeared first on European Gaming Industry News.

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Oddin.gg Breaks New Ground as Ohio Marks its 5th North American Betting License

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Oddin.gg is proud to announce that it has secured a full 3-year sports betting license in Ohio, further strengthening its standing as the esports betting solutions provider with the most licenses in North America. With this latest addition, Oddin.gg now holds four US licenses—New Jersey, Colorado, West Virginia, and Ohio—and a total of five across North America, including Ontario, Canada.

The Ohio license is a strategic milestone, as the state is set to become one of the most active betting markets in the American Midwest. According to projections from the Ohio Legislative Service Commission, the state’s sports gaming market is expected to reach approximately $3.35 billion annually as it matures. By securing this license, Oddin.gg is well-positioned to support operators in tapping into this significant potential.

Obtaining the Ohio license also demonstrates Oddin.gg’s ability to meet the state’s comprehensive regulatory standards, which include arduous assessments of financial stability, operational integrity, and adherence to state laws. This achievement reinforces Oddin.gg’s reputation for compliance and reliability, enhancing its capability to deliver full-service esports betting solutions tailored to a growing market.

Ohio’s sports betting legislation imposes a 10% tax on sports gaming receipts, contributing to public education and initiatives supporting veterans in the state. Oddin.gg’s entry into this regulated environment reinforces its role as a leader in shaping the future of esports betting in the US while offering operators a pathway to engage with a new generation of bettors in a secure and exciting way.

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Vlastimil Venclík, CEO of Oddin.gg, shared his enthusiasm about the news: “Securing a license from the Ohio Casino Control Commission is a significant step in our North American journey. Ohio is poised to become one of the most dynamic betting markets in the US, and gaining this
approval aer meeting the state’s rigorous standards is a true reflection of our commitment to integrity and excellence both in Ohio and beyond. However, this license isn’t just about expanding our reach; it’s about ensuring our partners have access to market-leading esports betting solutions that fully align with all local regulatory requirements.”

He continued, “Ohio’s market is gearing up to be something special, and we’re excited to help operators tap into that potential. As esports betting continues to evolve, Oddin.gg is ready to provide the expertise, technology, and support to make sure our partners succeed.

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