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The adventure begins: Veloce Racing ready for action as Extreme E sparks into life in Saudi Arabia

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  • London-based squad ready to go wheel-to-wheel with some of the biggest names in global motorsport
  • Inaugural Extreme E season set to kick off with Desert X Prix this weekend 
  • ‘None of us quite know how things are going to play out’, says Jamie Chadwick
  • Stéphane Sarrazin predicts ‘really special’ week both on and off-course

Veloce Racing will embark upon its greatest adventure to-date this weekend (3/4 April), as the time has finally come to get the inaugural Extreme E season underway in the spectacular setting of AlUla, Saudi Arabia.

Having begun life as a sports management agency before transitioning into a hugely successful esports franchise, Veloce is the first organisation in history to bridge the gap between virtual and real-world motorsport in that order, with Veloce Racing launching in September, 2019.

It has been a long road from that moment to the point where the team now finds itself – ready to contest the maiden Extreme E race, the eagerly-anticipated Desert X Prix in Saudi Arabia. The conditions will be harsh and unforgiving, while the sporting format will be unlike anything our drivers, or indeed the rest of the paddock have experienced before.

As a sport for purpose, Extreme E exists to shine a spotlight on the effects of climate change and human interference in some of the most remote environments on the planet, with the objective of encouraging the watching world to take a stand and adopt steps to drive genuine change.

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With that in mind, ahead of every race weekend, a Legacy Programme will aim to give something back to the local community, in which Veloce Racing drivers Jamie Chadwick and Stéphane Sarrazin will both play a leading role – before climbing into the cockpit of the team’s 400kW (550bhp) ODYSSEY-21 E-SUV for the competitive action. The pair will take it in turns in each race to tame this beast, which is capable of reaching 100km/h from a standing start in just 4.5 seconds and tackling gradients of up to 130 per cent.

Inaugural W Series Champion Chadwick is eager to hit the ground running on her competitive off-road debut. The 22-year-old Williams F1 Development Driver has partaken in an intensive pre-season training programme to get up-to-speed with an entirely new motorsport discipline and a challenge unlike any other she has previously faced.

Experienced French racer Sarrazin, meanwhile, brings with him the benefit of 28 years of experience across myriad racing disciplines – including Le Mans, Formula 1, Formula E and the FIA World Rally Championship – and track surfaces, making the 45-year-old perfectly-placed to venture into unknown territory in the desert.

The action will begin with the qualifying rounds from 09h30 local time (BST +2) on Saturday, 3 April, with the semi-finals and final taking place from 09h30 local time the following day.

With no spectators permitted on-site – in-keeping with Extreme E’s environmental ethos and commitment to minimise its carbon footprint – the racing will be broadcast all around the world on a variety of networks, including ITV, the BBC iPlayer and Red Button application, Sky Sports and BT Sport in the UK, plus the championship’s official website.

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Following the Saudi Arabian curtain-raiser, the 2021 Extreme E season will travel to Dakar, Senegal (29-30 May), Kangerlussuaq, Greenland (28-29 August), Pará, Brazil (23-24 October) and finally  Tierra Del Fuego, Argentina (11-12 December).

Jamie Chadwick, Driver, Veloce Racing, commented: 

“I’m just so excited to start racing in AlUla. This is massively different to anything I’ve done before, but I’ve trained harder than ever and spent a lot of time trying to understand the unique challenges this series will throw at us.

“It gives me a lot of confidence that I’ll be alongside someone as experienced as Stéphane going into an innovative championship like Extreme E with such unprecedented rules and sporting formats.

“I’m hopeful of a strong result straight out-of-the-blocks, but I certainly don’t underestimate the level of competition in the field. I think ultimately, it’s going to come down to who can adapt the quickest and learn how the series works from the word ‘go’ – none of us quite know how things are going to play out!”

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Stéphane Sarrazin, Driver, Veloce Racing, said: 

“What a journey it has been to get to this stage! I think the team are all in really good shape ahead of the first event. We have all done our best to prepare and given the current circumstances around the world, it’s been an amazing effort to get everything organised for this race.

“Jamie and I are both ready for the challenge and excited to go racing! There are so many big motorsport names involved that it’s going to be an extraordinary spectacle – particularly against such a breathtaking backdrop.

“It’s also going to be a really great experience to involve ourselves in the Extreme E Legacy Programmes and leave a lasting positive impact at each of the race locations. That is something that will be really special.”

Ian Davies, Team Manager, Veloce Racing, added: 

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“Finally, it’s race week! We’ve waited a long time to say that in Extreme E, but now it’s here and the whole Veloce Racing team are so eager to get started, including myself!

“Jamie and Stéphane make a great partnership. Between them, they have a huge amount of experience and raw talent, so I’m very confident that we will be in the mix in such a high-calibre and star-studded field.

“AlUla is going to pose its own challenges, logistically and of course when it gets down to the racing. It’s certainly going to be very different to what anyone in Extreme E has done previously, and being such a leap into the unknown, I think everybody has an opportunity to bag a result here so it will be fascinating to watch.”

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56 suspicious betting alerts reported by IBIA in Q1 2024

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Football (soccer) and tennis accounted for 68% of cases

The International Betting Integrity Association (IBIA) reported 56 alerts of suspicious betting to the relevant authorities in the first quarter (Q1) of 2024.

The Q1 2024 total is an increase of 65% when compared to 34 alerts in Q4 2023 and an increase of 12% when compared to the revised Q1 2023 total of 50 alerts. All of IBIA’s alerts are identified using customer account data from IBIA members, which number over 50 companies and 125 sports betting brands, making IBIA the largest integrity monitor of its type in the world.

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The 56 incidents of suspicious betting in Q1 concerned six sports, across 21 countries and five continents. Other key data for Q1 2024 includes:

  • Football (soccer) had the highest number of alerts by sport with 24, representing a 50% increase on the 16 reported in Q4 2023 and a 60% increase on the 15 reported in Q1 2022.
  • Turkey had the highest number of country alerts with 8 (five in football, two in tennis and one in basketball).
    41% of all alerts in Q1 were identified on sporting events taking place in Asia, with North and South America joint second with 18% each.
  • There were only 4 alerts identified on sporting events in Europe, which represents a decrease of 76% compared to 17 alerts in Q4 2023.

Khalid Ali, IBIA CEO, said: “The first quarter saw an increase in reported alerts highlighting the ongoing challenge our members, sports and regulatory authorities face from corrupt activity, with football and Asia dominating our Q1 report. IBIA’s alerts are supported by detailed global customer account data only available to IBIA and its membership, which continues to grow, widening our world leading market coverage. That account data provides evidentiary information that is vital for advancing investigations and imposing sanctions. IBIA is committed to continuing to work closely with stakeholders and to providing this important evidence base.”

The Q1 report includes a focus on the availability of sports betting in Canada and a comparison between the licensing approach in Ontario and the monopoly approach in the rest of the country. IBIA recently released a report on the Availability of Sports Betting Products which highlighted Ontario as a leading regulated gambling jurisdiction, with an expected onshore channelisation for sports betting of 92% in 2024 forecast to rise to 97% in 2028. Whereas the rest of Canada combined is forecast to have an onshore rate of around 11% in 2024 becoming 13% by 2028.

IBIA currently represents over 60% of the private sports betting operators licensed in Ontario, with Glitnor recently announced as the latest operator to join the association in that province. IBIA is a not-for-profit body that has no competing conflicts with the delivery of commercial services to other sectors and is run by operators for operators to protect regulated sports betting markets from match-fixing. IBIA’s global monitoring network is a highly effective anti-corruption tool, detecting and reporting suspicious activity in regulated betting markets.

Through the IBIA global monitoring network it is possible to track transactional activities linked to individual customer accounts. IBIA members have over $300bn per annum in betting turnover (handle), accounting for approximately 50% of the global commercial regulated land-based and online sports betting sector, and in excess of 50% for online alone.

The post 56 suspicious betting alerts reported by IBIA in Q1 2024 appeared first on European Gaming Industry News.

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Compliance Updates

Brazil’s Ministry of Finance Appoints Régis Dudena as Secretary of Prizes and Betting

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Regis Dudena, a seasoned lawyer with expertise in Public and Regulatory Law, has been appointed as the new Secretary of Prizes and Betting at the Ministry of Finance in Brazil. Dudena’s appointment ordinance is signed by Rui Costa, Minister of the Civil House.

The new secretary had already been visiting the Ministry of Finance and getting closer to the entire group at the Secretariat of Prizes and Betting, until then led by Simone Vicentini, deputy secretary.

The appointment of the lawyer is attributed to the Executive Secretary of Finance, Dario Durigan. Dario and Dudena worked together at Palácio do Planalto during Dilma Rousseff’s government.

Both worked in the Legal Affairs secretariat of the Civil House. Dudena’s name is linked to other names on the left. He has good relations with Edinho Silva (PT), mayor of Araraquara (SP).

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The SPA started operating two months ago. Since then, it had been without a permanent boss. Lawyer José Francisco Manssur, special advisor to the Ministry of Finance who coordinated the regulation of sports betting from the beginning, was the most likely to take on the position. But he was exonerated under pressure from Centrão politicians.

Bets representatives welcomed the name Régis Dudena.

From the beginning, the SPA was under the responsibility of Simone Vicentini, appointed as deputy secretary. Since then, it has edited the ordinances that defined requirements for laboratory accreditation and the sector’s regulatory policy.

Under her supervision, three laboratories have already been approved, GLI, eCogra, and BMM. Last week, the ordinance establishing the rules for payment transactions to be complied with by sports betting and online gaming operators was also published.

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Debra Martin Chase

Gaming and Leisure Properties Appoints Debra Martin Chase to Board of Directors

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Gaming and Leisure Properties Inc. announced that Debra Martin Chase has been appointed to the Board of Directors as a new independent director, effective immediately, to fill the vacancy created by the previously disclosed passing of JoAnne A. Epps.

The appointment of Ms. Chase to the Board of Directors brings the total number of directors to eight, seven of whom are considered independent according to the listing standards of the Nasdaq Stock Exchange. Ms. Chase has also been appointed as a member of the Nominating and Corporate Governance Committee of the Board of Directors, effective immediately. Ms. Chase will hold her directorship until the Company’s next annual meeting of shareholders or until her successor is duly elected and qualified or until her earlier death, disqualification, resignation, or removal.

Ms. Chase is the founder and Chief Executive Officer of an entertainment production company doing business as Martin Chase Productions. She is a two-time Tony Award winning, a Peabody Award winning, and three-time Emmy nominated television, motion picture, and Broadway producer. Ms. Chase is an entertainment industry trailblazer, being the first female African American producer to have a deal with a major motion picture studio. Her films have grossed over $500 million at the box office. She brings to the Company over 30 years of experience in motion picture and television production as well as a corporate legal background.

Peter Carlino, Chairman and Chief Executive Officer of GLPI, said: “I am delighted to welcome Debra to our Board as we believe her extensive entertainment industry experience, impressive legal background and broad board experience across public companies and the arts will serve GLPI well as we continue to drive growth in shareholder value. She brings a wealth of knowledge to GLPI, which we believe is a perfect complement to the existing strengths of the Board. I am confident that she will help expand the diverse set of viewpoints that ultimately shape our mission.”

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