Skyrocket closes in on first movie game releases

first_img Skyrocket Entertainment is closing in on its first operator partnerships and game releases after acquiring the exclusive gaming rights to 75 feature films.The company, which launched at this year’s Cannes Film Festival after being established by UK film producer Sean O’Kelly and gaming industry expert Richard Clarke, this week announced that it had appointed industry veteran Graham Martin as chairman.With its senior management team moving into place, the company is now focusing on game development and signing the partnerships that will deliver its titles to the public.O’Kelly told iGamingBusiness.com that the first games will be live in six months’ time and that titles will include Antonio Banderas comedy Gun Shy, war movie The Last Drop and Polish box office No.1 Squadron 303.“We plan to announce a further raft of Hollywood studio films in the coming months as regular ‘drops’ on our website and social feeds,” O’Kelly said.“We are advancing well with several deals, both with operators and games platforms. These will be announced soon – most likely at the ICE conference (in February).”Skyrocket will create both social and real money games, including slots, instant games, bingo and lotto.New chair Martin was the founder of Bonne Terre, the operator that became Sky Bet when it was acquired by BSkyB Group. He was also chairman of Probability Games Corporation, which was successfully listed on the London AIM in 2006 before being acquired by Gtech.In a statement, Martin said: “I’m enormously excited to be joining forces with this talented team – both top-class individuals who bring expertise and proven track records within both the gaming and film business sectors.“Skyrocket has a fun and social product which has tremendous growth potential by accessing our large user bases.” Topics: Tech & innovation Subscribe to the iGaming newsletter AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Tags: Online Gambling 18th September 2018 | By contenteditorcenter_img Firm boosted by appointment of new chairman Graham Martin Skyrocket closes in on first movie game releases Tech & innovation Email Addresslast_img read more

MGA cancels Zero Seven Gaming’s licence

first_imgDFS Regions: Europe Southern Europe Malta The Malta Gaming Authority (MGA) has suspended Zero Seven Gaming Limited’s gaming services licence after failing to submit player funds reports and licence fees.Zero Seven Gaming, which operated Germany-facing daily fantasy sports website sport.guru, was found to have breached article 9 of the Gaming Compliance and Enforcement Regulations, specifically sections that concern the non-submission of the player funds report and the “failure to pay in a timely manner all amounts due to the Authority,” including licence fees.Under the decision, Zero Seven Gaming Limited is no longer authorised to carry out any gaming operations, register new players or accept new customer deposits, but is required to provide all registered players with access to their player accounts and to refund all funds owed to players.The decision may be appealed by Zero Seven Gaming. Topics: Legal & compliance Sports betting DFS MGA cancels Zero Seven Gaming’s licence The Malta Gaming Authority (MGA) has suspended Zero Seven Gaming Limited’s gaming services licence after failing to submit player funds reports and licence fees. Subscribe to the iGaming newsletter AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Tags: Fantasy Sports 2nd January 2020 | By Daniel O’Boyle Email Addresslast_img read more

SG extends sports and igaming partnership with William Hill

first_img Scientific Games has signed a four-year extension to its deal with William Hill to continue to provide the bookmaker with its sports betting and igaming solutions in the UK and Europe.Under the deal, William Hill will use the Scientific Games OpenSports suite of sports betting technology to power its offering.Launched last year, OpenSports comprises a modular portfolio of products that can be mixed and matched to meet specific needs, built around the OpenBet platform.William Hill has used the OpenBet solution since 2007, when the supplier was a standalone business, before acquisitions by NYX Gaming Group, then Scientific Games.“It’s a pivotal time for sports betting and igaming providers; Scientific Games’ solutions provide us with the flexibility that is key to our growth strategy in the UK and Europe and we’re pleased to continue to use their products that will be provided on a flexible and modular basis to power our shared success in the years to come,” William Hull’s group chief executive Ulrik Bengtsson said.Jordan Levin, group chief executive for SG Digital, added: “By choosing Scientific Games, William Hill is reaffirming their commitment and belief in our products, services and team and sending a message that we continue to be a source of competitive advantage for global industry leaders in all regulated markets.“We’re really building on one of our strongest relationships,” he said. “The team at William Hill share an ambition to create next level player experiences and together, across sports and igaming, we’re making that a reality.” Email Address Casino & games Regions: Europe UK & Ireland Scientific Games has signed a four-year extension to its deal with William Hill to continue to provide the bookmaker with its sports betting and igaming solutions in the UK and Europe. Tags: Online Gambling Topics: Casino & games Sports betting Tech & innovation Subscribe to the iGaming newsletter 14th February 2020 | By contenteditor SG extends sports and igaming partnership with William Hill AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitterlast_img read more

Rank sees revenue increase in Q3 despite Covid-19 impact

first_img Email Address The Rank Group has reported a 5% year-on-year increase in statutory revenue for the third quarter, despite the business being impacted by the ongoing novel coronavirus (covid-19) outbreak.Rank put overall growth during the three months to 31 March down to the success of its digital division, which reported a 21% rise in like-for-like net gaming revenue for the period.The digital arm of its Grosvenor Casinos business saw revenue climb 27%, due in part to continued growth in new players and strong levels of returning players. Mecca Digital also performed strongly with net gaming revenue up 20%.Rank also noted that since the closure of its UK and Spanish venues, as a result of the coronavirus pandemic, digital revenue growth rates have increased further.Statutory revenue was also boosted by the acquisition of Stride Gaming in October of last year, with the Stride business seeing revenue rise 3% in Q3. Rank’s like-for-like revenue – excluding the effects of M&A, club openings, closures, relocations and foreign exchange – was down 4%.Rank also saw year-on-year declines across all other areas its business, as like-for-like revenue for Grosvenor venues fell 5%, Mecca venues 17% and its international venues 12%.That said, according to Rank, UK and international venues businesses performed strongly and in line with expectations in the first two months of the quarter, with weaker trading conditions only effecting the group towards the end of February and March due to coronavirus measures.Focusing more on the impact of coronavirus, Rank said it made progress on its plan to ensure it withstands the crisis and “re-emerge as a strong business”. Rank set out its plans to mitigate the impact of the outbreak last month.Rank said the short-term economic impact to its venues had been significant, but added that it acted swiftly and decisively to mitigate the effects. Across its UK venues and support offices, around 7,000 staff, out of a UK workforce of 7,600, were furloughed.Where relevant, Rank said it topped up the UK government’s Coronavirus Job Retention Scheme so staff in furlough receive 80% of their salary. Its executive and non-executive directors have volunteered a 20% reduction in salaries and fees from 1 April for as long as staff are in furlough. Rank said the positive cash impact of the furlough initiative, and similar schemes in Spain and Belgium, will be approximately £8m per month. The group also benefitted by around £1m per month from the business rates holiday, while it said discussions to reduce cash outflow are ongoing with suppliers and landlords.Meanwhile, Rank said at the outset of the UK lockdown, it requested repayment from HMRC of £25.2m in relation to VAT paid on slot machine revenue between 2002 and 2005 to maximise its liquidity and this was received in early April. Subsequently on 15 April, following an appeal in January, the Upper Tribunal ruled in favour of Rank. Should HMRC be granted permission to appeal this latest decision and the Court of Appeal rule in favour of HMRC, Rank would need to repay the £25.2m. Should this be the case, Rank said it does do not expect any repayment to be made for at least 12 months. In addition, it reached an agreement with HMRC to defer around £40m of tax and duty due to be paid in April 2020 initially until 30 June 2020.Meanwhile, Rank said its board does not intend to recommend a dividend unless all creditors, directly arising from group actions to mitigate the economic impact of coronavirus, have been resolved and it has the necessary visibility on future cashflows following the reopening of venues. Rank had been due pay out this dividend in October.Should all Rank venues remain closed until the end of its financial year on 30 June, Rank said underlying operating profit for the year would be between £48m (€55.1m/$59.8m) and £58m after IFRS 16.Prior to lockdown measures in the UK, Rank estimated that during a period of full closure of all venues, monthly cash outflow before mitigation was £25m and would be reduced to £17m with mitigating actions within its control.However, as a result of the Treasury’s support measures and progress its own mitigations, Rank said its monthly cash outflow rate would be reduced to around £10m from May 2020. As of 31 March, total available cash and facilities, after deducting customer balances, was £166m, with the month of April expected to be broadly cash neutral.“With the tremendous support we have received from HM Treasury and HMRC, together with our own mitigations, we have established a robust financial position to address and withstand an extended period of economic turmoil,” Rank chief executive John O’Reilly said.“Given the uncertainty we face and continued social distancing measures likely to be in place for some time to come, we continue to work to protect cash and to prepare for the reopening of our venues in as safe a way as possible.”Aside from measures to protect its own business, Rank has rolled out a number of other schemes to support the national coronavirus effort in the UK. These have included offering its venues to support key workers and vulnerable people in local communities.Rank also launched a new charity initiative in collaboration with Blue Light Card, a discount service for the UK’s National Health Service, emergency services, social care workers and armed forces. Here, Rank has provided free meals to key workers from some of its UK venue kitchens.In addition, Rank said it has redoubled its safer gambling efforts, incorporating the Betting & Gaming Council’s 10-point action plan and bolstering resource in its safer gambling teams.“I am enormously proud of our colleagues and how they have responded to the decisions we have had to take as well as their selfless response and contribution to the national effort,” O’Reilly said.“We know how important our venues are in many local communities and we’ve answered the call to contribute by stepping up to help those who need it most right now.” Subscribe to the iGaming newsletter Rank sees revenue increase in Q3 despite Covid-19 impact The Rank Group has reported a 5% year-on-year increase in statutory revenue for the third quarter, despite the business being impacted by the ongoing novel coronavirus (covid-19) outbreak. Bingocenter_img AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Topics: Casino & games Finance Strategy Bingo Tags: Online Gambling 20th April 2020 | By contenteditorlast_img read more

Enlabs sees revenue growth in “rollercoaster” Q1

first_img Baltic-facing operator Enlabs has reported a year-on-year increase in revenue for the first quarter, with growth across all major gaming segments.Total revenue in the three months through to 31 March amounted to €10.5m (£9.1m/$11.4m), up 16.7% from €9.0m in the same period last year.Gaming revenue increased 8.4% from €8.3m to €9.0m and accounted for 94.0% of the group total. Casino was the primary source of gaming income, with revenue amounting to €6.2m, up 24.0% year-on-year.Sports betting revenue also increased slightly from €2.9m to €3.0m, despite novel coronavirus (Covid-19) leading to sporting events being suspended from mid-March. Poker revenue jumped 75.0% to €700,000, while bingo remained flat.Media revenue slipped 25.0% to €300,000, while other revenue was level at €300,000.Enlabs said it drew 94.0% of total revenue from its operations in Baltic markets, namely Estonia, Latvia and Lithuania, while 6% of revenue came from its rest of world segment, through its licences in Belarus, Malta and Sweden. Incidentally, Enlabs was warned over its lack of activity in Sweden by national regulator Spelinspektionen earlier this year.Revenue in Q1 was boosted by an increase in deposits, which climbed by 25.7% year-on-year to €33.3m, while total active customers also jumped 22.1% from 35,219 to 43,003.Looking at spending during the quarter, total direct operating costs were up by 33.3% from €2.4m to €3.2m. Costs of services sold climbed from €1.5m to €2.1m, while gaming taxes increased from €880,000 to €1.0m.Operating expenses also increased by 18.4% to €4.5m, as Enlabs spent more across a number of areas. Staff costs edged up 4.8% to €2.2m, while marketing expenses were up 28.6% to €1.8m. Capitalised development costs were down slightly to €536,000, but other income and expenses climbed from €825,000 to €1.1m for the quarter.However, as a result of higher spending, this pushed operating profit down year-on-year, though the decline was only marginal, falling 5.7% to €2.2m.Profit before tax also slipped 6.4% to €2.1m, while profit after tax was down by 6.1% from €2.3m to €2.2m. Earnings before interest, tax, depreciation and amortisation (EBITDA) was down marginally to €2.8m for the quarter.Reflecting on the results, George Ustinov, who was appointed as chief executive in February after spells as chief operating officer and chief financial officer, paid tribute to Enlabs in what he said was a “rollercoaster” quarter for the operator.“We recorded €10.5m revenue and €2.8m EBITDA; revenue declined 6% quarter-on-quarter but grew 16% year-over-year,” Ustinov said. “EBITDA was maintained at a reasonable level considering the evolving operating environment at the end of March.“Customer activity was at an all-time high with 43,000 unique active players, up 4% from Q4 record highlighting demand for our products and services.”Ustinov also referenced the ongoing situation regarding coronavirus, saying that Enlabs suspended our land-based betting operations in Latvia and Lithuania in the second part of March in line with government measures. Enlabs was also forced to suspend online activities in Latvia, and has criticised the country’s government for taking this approach.“While online gaming operations have no risk related to the virus spread, various governments propose restrictive matters to avoid excessive expenditure on gaming during the financially uncertain times,” Ustinov said. “These restrictions range from gaming limits to an advertisement ban, and full suspension of licenses.“While the idea initially sounds noble, it amplifies the problem with unlicensed gaming and pushes players into a less controlled and irresponsible environment. We encountered the toughest of these measures in Latvia where the regulator temporarily suspended all online licenses in the country as of 8 April until the state of emergency is ended.”Looking to Q2, Ustinov said Enlabs has five key operational priorities, namely keeping its team safe, keeping customers informed, executing the migration of Latvian business to the NPL, developing new markets, and minimising financial damage.“To sum everything up, by the end of 2020 I want the Enlabs team to look back, pat ourselves on the shoulder for staying united, staying socially responsible, improving the regulatory landscape in our core markets, executing the tech migration, gaining operational efficiencies for coming years, and retaining the trust of all our stakeholders, and their confidence in our business potential.” Ustinov said. Enlabs sees revenue growth in “rollercoaster” Q1 Finance Regions: Europe Subscribe to the iGaming newsletter 6th May 2020 | By contenteditor Topics: Finance Baltic-facing operator Enlabs has reported a year-on-year increase in revenue for the first quarter, with growth across all major gaming segments. Tags: Online Gambling OTB and Betting Shops AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Email Addresslast_img read more

Eldorado-Caesars to sell three IN casinos to complete merger

first_img The Indiana Gaming Commission has approved the proposed merger between Eldorado Resorts and Caesars Entertainment, but has ordered the combined entity to sell three casinos in the state.With Eldorado operating the Tropicana casino in Evansville, Indiana  and Caesars operating Harrah’s Hoosier Park Racing & Casino, Horseshoe Hammond Casino, Caesars Southern Indiana Casino and Indiana Grand Racing & Casino, the Commission had reservations about the deal.“The impact of this unprecedented transaction is greater upon Indiana than any other state,” it said.Part of the reason for this was that the Indiana Gaming Commission noted the combined entity would control up to 60% of gaming revenue in the state.Read more on iGB North America. 13th July 2020 | By Daniel O’Boyle The Indiana Gaming Commission has approved the proposed merger between Eldorado Resorts and Caesars Entertainment, but has ordered the combined entity to sell three casinos in the state. Topics: Casino & games Finance Legal & compliance Sports betting Horse racing AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Tags: Race Track and Racino Subscribe to the iGaming newsletter Regions: US Indiana Casino & games Email Address Eldorado-Caesars to sell three IN casinos to complete mergerlast_img read more

Sportpesa resumes operations in Kenya

first_imgBoth deals came to an end in February, with Racing Point chief executive Otmar Szafnauer pointing to “difficulties in their home market”, though the operator said the deal was simply a 12-month agreement that had run its course. The operator’s brand disappeared from its native market for more than a year after opting to halt operations in the country in the wake of lawmakers raising an excise tax on betting stakes from 10% to 20%. Rival Betin withdrew from Kenya at the same time. Regions: Africa East Africa Kenya Sportpesa resumes operations in Kenya We are excited to explore a wide range of partnerships in Kenya over the coming weeks and months, which will prioritize the development of sports in communities across our great country.” “SportPesa is back,” he said. “I’m happy to announce that the SportPesa brand is back under a new [Betting Control and Licensing Board] BCLB license holder.   Sportpesa chief executive Ronald Karauri said he was excited to announce the return after Milestone – about which little is yet known – gained the rights to use the brand in Kenya. “As market leaders, SportPesa will focus on upholding the highest standards of service and responsible gaming. We look forward to working closely with BCLB and all other stakeholders.  According to the operator’s Kenyan terms and conditions, Milestone is based in the same offices as its previous licensing partner. Prior to its withdrawal from the Kenyan market, the operator also used to sponsor Premier League club Everton and Formula One team Racing Point. Topics: Legal & compliance Sports betting Licensing Sponsorship Online sports betting 30th October 2020 | By Daniel O’Boyle AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter The controversial tax increase that led to Sportpesa leaving the market came after a different dispute over a winnings tax. That resulted in Kenyan authorities ordering telecoms companies to block payments to Sportpesa and the operator to suspend its sport sponsorships and prepare to take legal action. center_img “SportPesa is pleased to have a close working relationship with both the BCLB and the Kenyan Revenue Authority and we continue to hold discussions with all stakeholders about how to create a fair and effective taxation system that encourages responsible behavior from consumers and operators alike,” it said. Authorities argued the tax applied to stakes as well as winnings, which left Sportpesa with a KES60.56bn (£483.7m/$586.4m/€528.1m) tax bill, but in November, a court ruled in Sportpesa’s favour. It said the tax applied only to the amount won and determining the tax should be collected from players rather than operators. Sportpesa said it is continuing to hold discussions with authorities in order to ensure a tax system that pleases all parties can be maintained. However, the country’s government said it planned on bringing the tax back “within the next six months” shortly after. The operator – which previously sponsored many of Kenya’s largest sports clubs including Nairobi rivals Gor Mahia and AFC Leopards – said its “immediate priority” is to focus on partnerships and community initiatives with local communities and sports teams. Gor Mahia and AFC Leopards have since both signed sponsorship deals with Betsson’s Betsafe. Tags: Sportpesa Milestone Gaming Pevans East Africa Gor Mahia AFC Leopards Betting Control and Licensing Board BCLB Kenya Revenue Authority KRA The operator, which employed 453 staff before it withdrew from the country and made these staff redundant, said its return would be a “welcome boost to jobs and the Kenyan economy as it recovers from Covid-19”. Subscribe to the iGaming newsletter Kenyan betting brand Sportpesa is set to return to business in its home country under a licence held by a new operator, Milestone Games. Licensing This tax was ultimately repealed entirely in a budget bill signed into law in June, though, on the basis that it had significantly reduced tax revenue from the sector because it pushed players to offshore sites. Email Addresslast_img read more

Tribal gaming 2.0

first_imgTribal gaming 2.0 Email Address Regions: US Source: National Indian Gaming Commission Sports betting legislation newly proposed in Texas, the second largest state market, does not even mention the three tribes struggling to operate Class II casinos in the state but has been written to provide the greatest benefits to team owners. California and Florida, the first and third largest state markets, both have powerful gaming tribes that will zealously protect their interest and expectations lean towards future sports betting legislation which would be expressed through tribal operators.  Tribal government gaming became possible after passage of the Indian Gaming Regulatory Act (IGRA) was passed in 1988.  Even then, establishing a Tribe’s right to conduct gaming operations under the new law was often a difficult and costly struggle.   Tribal gaming expanded rapidly during the 1990s and the first half of the next decade. This growth coincided with simultaneous expansion of the commercial gaming industry and state lotteries as gambling became available in more and more US states.  IGRA was not a gift. In fact, the Bureau of Indian Affairs (BIA) and US Senate deliberations which led to IGRA were driven by complaints at the state level. The act constituted an effort to regulate and contain the high stakes tribal bingo operations being run most notably by the Seminoles.  The history of Indian gaming has been a successful one of tribes struggling to assert their rights and sovereignty as independent governments existing within the United States. The future of Indian gaming remains a very bright one but to achieve the full potential of new interactive wagering verticals tribes will need to fight for their rights to fair treatment and carefully assess their relationships with state governments and new market entrants.   Gene Johnson, Victor Strategies At the time, few could have envisioned what this industry would become today and the many ways that it would serve to sustain tribal communities. Growth  Over his career, Mr. Johnson has managed and conducted numerous qualitative and quantitative studies with gamblers of all types, as well as extensive consumer research for a broad array of corporate, government, and non-profit clients.  Mr. Johnson has testified before the U.S. Senate, the Federal Trade Commission, and before multiple state, territorial, and tribal governments, has written articles featured in many industry publications and speaks regularly at major gaming industry conferences on a wide range of subjects. The rollout of sports betting in Indian Country has followed a variety of regulatory models including commercial operations in states like Michigan, New Jersey, and Pennsylvania, operations under state compacts in Connecticut, New Mexico, New York, North Carolina, and most recently, Arizona. Retail sports betting operations are an easy assimilation for traditional land-based casinos but the real money in sports betting is generated by mobile/online operations and here acquiring the capability becomes much more complex, both legislatively and operationally.   The growth in Indian gaming revenues, illustrated in the table below, began to slow after 2005 and were impacted by the Great Recession in the late 2000s, but positive growth continued afterwards largely spurred by existing expansions and land taken into trust. Today tribal government gaming is a $35bn industry with that revenue being generated by 524 domestic gaming operations located in 29 states and owned by 245 of the nation’s 574 federally recognized tribes.   8 minutes read Tribal gaming has been a huge success since the passage of the Indian Gaming Regulatory Act (IGRA) in 1988. Now the sector, and the tribes involved, face a number of big decisions over how they engage and evolve amid the current wave of gaming expansion, writes Gene Johnson of Victor Strategies. Most importantly, these gaming facilities represent regional economic engines, generating $105bn in total economic output according to the most recent measurement of 2016 data by Meister Economic Consulting.  The great majority of net revenues are dedicated to tribal services which allow economic independence while the wider economic uplift benefits the wider regional community.  Sports betting legalisation has highlighted both opportunities and threats to Indian gaming operations.  Origins The 1987 Cabazon decision clarified tribal regulatory authority and prepared the ground for IGRA.  1988 Indian Gaming Regulatory Act provided a remedy for Johnson Act restrictions on slot machines through the vehicle of a tribal-state compact.  Soon after, the state of Minnesota signed the first state gaming compacts and other tribes began to follow.  IGRA reflected the relationship between the federal and tribal governments that has existed since the Revolution, when the United States assumed the former role of the British monarchy in establishing treaties with the Indian nations.  Another example is Arizona, where legislation granted the tribes long sought-after expansion opportunities but at the price of some degree of gaming exclusivity illustrating the influence of the leagues. Washington State tribes successfully defended their sports betting exclusivity last year in the face of a legislative challenge from card rooms.  Regarding the legislative complexities, an appropriate example is the recent mobile wagering legislation in New York, the fourth largest US sports betting market. It appears to defy logical analysis and in its present form may eliminate the regional exclusivity granted tribes in the 2013 gaming expansion law.  Indian gaming has also continued to expand by moving off the reservation and competing in commercial markets in states that have no compacted tribal gaming, including established operations in Indiana, New Jersey, and Pennsylvania, and proposed casinos in the US and overseas.  Situations like the one in New York have resulted in calls to explore an update to IGRA, a law written down before the Internet existed, to regulate mobile tribal gaming operations.  The opportunities are evident in acquiring a new gaming vertical which is highly resonant with casino gaming but brings in an almost entirely new and younger demographic.  However, legalisation of sports wagering across half of US states has also opened the door for new entities to enter the gaming space including professional sports teams, stadium owners, media companies, state lotteries, former offshore operators, and even payday loan providers. The legislative efforts to include these new entities often challenge tribal sovereignty and gaming exclusivity.    Indian Gaming 2.0 However, while the federal government now allowed tribes to conduct Class II gaming independently under IGRA, in order to operate Class III casino-style slots and table games, tribes would have to negotiate a compact with the state government in which their reservations were located. Thus, the path to casino gaming was not a smooth one but a journey featuring many twists and turns.  Now you’ve read Gene’s thoughts, have your say through the Tribal Gaming Survey. This project sees ICE 365 collaborate with Pechanga.net, to gather opinions from tribes on the future of their gaming industry. It’s open to all tribal gaming operators, so share your thoughts here.    Topics: Casino & games ICE365 Content Series Tribal gaming Tribal government gaming now stands at the threshold of a new era of expansion fueled by technology and the availability of new gaming products. Principal among these new products is sports betting, which is no longer prohibited since the Supreme Court struck down PASPA in 2018.  In 1997 he founded EE Johnson Research, a marketing research and consulting firm specializing in the casino industry and providing market and customer research with a special focus on technology as well as gambling motivation and behavior. Mr. Johnson has since held senior positions at Spectrum Gaming Group and Gaming Knowledge Partners. In 2016 he co-founded Victor Strategies with partners Rob Miller and Victor Rocha. Victor Strategies is a unique professional firm providing expert advisory services and critical business insights to the gaming industry with a particular focus on Indian Country. V-S provides clients with policy and business strategies along with market research and analysis essential for informed decision making and effective operations.  Gene Johnson has more than 30 years of unique experience in the gaming industry. He began working in Atlantic City casinos in 1989 and has held executive positions ranging across the areas of MIS, Quality Assurance, Market Research, and Strategic Planning & Analysis.  The landmark agreement in Connecticut, which will allow the Pequots and Mohegans to conduct sports betting and igaming under state compact, was a multi-year process with enough plot twists for a Netflix series. Operational complexities and the importance of choosing the right platform partner are another story too long for this brief article. Subscribe to the iGaming newsletter AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 22nd April 2021 By contenteditor Meanwhile, with all the chatter around sports betting, little attention has been paid to igaming, an interactive vertical almost twice as profitable as sports wagering which has been operated by tribes in New Jersey and Pennsylvania for years. It is now coming online in Michigan and will soon be operated under compact by two tribes in Connecticut.  Stay tuned for the next expansion era for Indian Gaming.last_img read more

Return To The Feature by Habanero

first_imgYou can play a demo of this slot here! Throw on your hi-tops, load your Walkman and get set for a retro blast in Return To The Feature! Return To The Feature by Habanero Topics: Casino & games Slots Game type:Video slotGo-live date (expected):27/04/2021Game special features:• Win up to 100 free games for five scatter symbols!• Introducing feature rewind! Play your past free game features, but during feature rewind ways can be both ways and prizes can be doubled!• Win instant cash for any two money symbols on screen.• The money respin feature is triggered for three money symbols.• All prizes are multiplied x10 if the entire screen is money symbols.• Buy three, four or five scatters or three money symbols to instantly trigger the feature!Number of paylines:243 waysNumber of reels:5 columns x 3 rowsRTP% (recorded/theoretical):Available RTPs: 91.99%, 94.12%, 96.68%, 97.95%Variance/volatility:MediumNumber of symbols to trigger feature/bonus?3/4/5 scatter symbols trigger the free game featureCan feature be retriggered?NoNumber of free spins awarded?10/20/100 depending on the number of scatter symbolStacked or expanding wilds in normal play?NoStacked or expanding wilds in feature play?NoNumber of jackpot tiers?Yes (optional)Auto-play function?Yes (optional) AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Jam-packed with three radical features: rewind, free game and money respin! Power on that ’80s vibe! 26th April 2021 | By Aaron Noy Slots Subscribe to the iGaming newsletter Email Addresslast_img read more

The role of esports in the evolving land-based sector

first_imgEsports is a booming sector and one that has seen even higher levels of consumer interest during the pandemic. Yet despite a diversity of efforts, land-based casinos have failed to successfully embrace the vertical. Will a dynamically changing regulatory environment and the introduction of sports wagering give the sector another boost? 25th May 2021 | By Katy Leslie AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter The role of esports in the evolving land-based sector Esports Email Address A critical review of casinos’ approaches to esports to date – why haven’t casinos adopted esports successfully?What role could brick and mortar entities play in the esports ecosystem?Should esports be seen as an amenity or something more? A review of the models that would incorporate esports in the land-based environmentBetting on esports – assessing its viability, regulatory future and prospectsProfessionalising esports – Nevada’s regulatory experience and efforts to create a professional bodyEnsuring integrity in esports betting Watch past webinar recordings here. Subscribe to the iGaming newsletter Topics: Esports esports betting Among the areas up for discussion in this webinar will be:last_img read more