Big Fish lures Karp as new president

first_imgCasino & games Topics: Casino & games Strategy Social gaming AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Aristocrat has appointed social gaming pioneer Jeff Karp to lead its $900m Big Fish division Subscribe to the iGaming newsletter Aristocrat has appointed Jeff Karp, the executive behind Farmville and Words With Friends, to lead its $900m (€755m) Big Fish social gaming division.Karp, who becomes managing director and president, has previously held senior executive roles with leading video game companies including Electronic Arts, Zynga and GSN Games.While Big Fish has a portfolio of successful games across the social casino, social gaming and premium paid games markets, including Big Fish Casino and Cooking Craze, Aristocrat is ambitious for the company it bought from Churchill Downs for around $900m in January.Jeff Goldstein, Aristocrat’s chief strategy officer, said: “Jeff’s expertise in growing games into global entertainment franchises is unsurpassed.“His proven track record and deep experience in the games industry make him the ideal person to drive Big Fish’s growth strategy, and ensure the business delivers its full potential.”Karp was most recently the CEO of Sports Illustrated Play, a youth sports focused digital platform that attracted more than 17 million monthly users. He was instrumental in building multi-billion-dollar franchise games, including EA SPORTS, Words With Friends, Farmville and The Sims franchise.He arrives at Big Fish six months after its surprise acquisition, in a move that made Aristocrat the world’s second biggest social casino firm with it having also bought Plarium in October for around $500m.At the time, Adam Krejcik, analyst at Eilers & Krejcik Gaming, said: “The surprise announcement to acquire Big Fish for nearly $1bn combined with its recent acquisition of Plarium for $500m will transform Aristocrat’s digital business into a business that should generate in excess of $1.1bn in revenues and $250m in [EBITDA, or profit before taxes etc.] next year.”Speaking about his appointment, Karp said: “Big Fish is a content-rich company and its employees are passionate about making great games that bring joy and fun to millions of players around the world.” Email Address 4th July 2018 | By contenteditor Big Fish lures Karp as new presidentlast_img read more

Ladbrokes “supportive” of pre-watershed gambling ad changes

first_img Subscribe to the iGaming newsletter Ladbrokes “supportive” of pre-watershed gambling ad changes Tags: Mobile Online Gambling Ladbrokes Coral calls for “industry-wide initiative” over daytime TV ads Topics: Legal & compliance Marketing & affiliates Sports betting Legal & compliance Email Address 17th July 2018 | By contenteditor Ladbrokes Coral said it would consider further restrictions on pre-watershed advertising regulations.Speaking to iGamingBusiness.com, the company’s marketing director Alexis Zamboglou admitted there needs to be “an increased focus on protecting the vulnerable”.Zamboglou was speaking after it emerged that the Advertising Standards Authority (ASA) had seen a spike in complaints about gambling advertising over the course of the FIFA World Cup, with many concerned about saturation. Almost one in five adverts shown during World Cup broadcasts were for gambling companies, according to a Guardian report.While current guidelines stipulate that gambling adverts are allowed during pre-watershed broadcasts of live sport events, Zamboglou said Ladbrokes Coral would be “supportive” of changes.Zamboglou told iGamingBusiness.com: “We… feel there needs to be an increased focus on protecting the vulnerable during pre-watershed advertising and would be supportive of a move to do so, so long as this was part of an industry wide initiative.”Following the Guardian’s World Cup advertising report, GambleAware chief executive Marc Etches said there were increasing concerns about sports betting becoming “normalised” for children.Etches said in a statement: “In the absence of evidence, the concern is that this is an adult activity and young people are growing up with it being normalised.“They get exposed to it on television around sports, advertising online and gambling activities within [computer] games.“It seems to have gone too far. And for young people growing up there just seems to be a stronger and stronger affiliation between the two [gambling and sport] and I’m wary of that.”While there may be concerns from some quarters about advertising saturation during the World Cup, Zamboglou said Ladbrokes and Coral’s commercials “enhanced” coverage of the tournament for sports fans.Zamboglou told iGamingBusiness.com: “The key KPI our TV campaigns for both Ladbrokes and Coral was to allow or brands to advertise the value of our products, services and customer experience during the noisiest four weeks of advertising for quite some time.“Sports betting is enjoyed by millions of people across the UK every year and we wanted to make sure that this great sports entertainment product enhanced sports fans’ experience of the World Cup, without diluting our strong commitment to responsible gambling.” AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Regions: UK & Irelandlast_img read more

CrownBet brings back BetEasy brand

first_img Subscribe to the iGaming newsletter Regions: Oceania Australia AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 31st July 2018 | By contenteditor Tags: Online Gambling Email Address CrownBet brings back BetEasy brand Topics: Strategy Tech & innovation New brand to be rolled out following CrownBet’s takeover of William Hill Australia The Stars Group’s CrownBet and William Hill Australia brands will be merged under the ‘BetEasy’ name in the coming weeks, it emerged this (Tuesday) morning. CrownBet’s head of corporate affairs, Daniel Bevan, told iGamingBusiness.com that customers on its platform and players with William Hill Australia accounts will automatically switch over to BetEasy.Both CrownBet and William Hill have already started communicating with customers about the changes. The Stars Group increased its majority stake in CrownBet in March, shortly after CrownBet agreed a deal to buy William Hill’s Australian business. CrownBet finalised its acquisition of William Hill Australia in April. The aggregate price for both transactions was $315m (£240m/€269m).The BetEasy brand was previously active in Australia under the ownership of Matt Tripp, the current chief executive of CrownBet, who purchased Betezy in 2014 and relaunched the operation under the BetEasy name.BetEasy then rebranded as CrownBet after its purchase by Crown Resorts.CrownBet announced last month that it wanted to rebrand as Sportingbet, which was one of Australia’s leading brands before being bought out by CrownBet five years ago.However, Paddy Power Betfair-owned Sportsbet launched legal action in a bid to stop the move, saying in a Federal Court lawsuit that the name would infringe on its own trademark and confuse punters.Sportsbet secured a temporary court injunction earlier this month to block the rebrand. Strategylast_img read more

F1 partnership talks under way

first_img Race is on to secure motorsports championship’s first betting packages AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter F1 partnership talks under way 9th November 2018 | By contenteditor Topics: Sports betting Tech & innovation Sports betting Subscribe to the iGaming newsletter Formula One’s first official betting partner could be announced soon after the motorsports championship began talks with major global brands for the packages, which are tipped to be worth $100m (£76.8m/€88.1m).The betting partnership packages, developed with data giant Sportradar and announced in September, will offer operators exposure via TV graphics, trackside signage and F1’s website and social channels. Interregional Sports Group (ISG), the London-based international sports media group which has the rights to sub-licence the packages, announced on Thursday afternoon that discussions are now beginning with “global betting brands”.“We are extremely proud to have created one of the best premium sports assets available,” said ISG joint chairman Tony Ragan in a statement. “This is a great opportunity for ambitious brands that want to extend their sportsbook’s reach and get ahead of the opposition.“We are beginning dialogue with a number of very exciting global betting brands. They are rightly viewing F1 as a huge opportunity.”Liberty Media, the owner of the motorsport championship, and its data and media rights partners will work with information taken directly from races to enable the development of in-play betting markets during Grands Prix. The Financial Times newspaper suggested the packages could be worth $100 to Formula 1.Speaking in September, Sean Bratches, managing director of commercial operations at Formula 1, said the championship wants to enhance fan engagement through the partnerships and improved offering.Bratches added: “Data and sponsorship partnerships like this are common practice across almost all premium sports and this is the latest step in our mission to make Formula 1 the world’s leading sports entertainment experience.“This deal allows us to develop new and exciting ways for Formula 1 fans around the globe to engage with the world’s greatest racing spectacle, while ensuring integrity with best practice oversight from Sportradar.”Image: emperornie Email Addresslast_img read more

F1 to launch in-play betting data service with Sportradar and ISG

first_imgSports betting Subscribe to the iGaming newsletter F1 to launch in-play betting data service with Sportradar and ISG AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter The Formula 1 World Championship motor-racing series is to launch a live in-play betting offering via an agreement with sponsorship and data rights partner Interregional Sports Group (ISG) and Sportradar.Using exclusive data from F1, Sportradar will initially offer 30 unique markets during qualifying and on each race day, such as race winner, podium places and top 10 finishes.The offering will be expanded throughout the season with the addition of other bets, including race head-to-heads and pole position head-to-heads.As part of the agreement, Sportradar will provide its Integrity Services to help protect the sport from potential risks of match-fixing.The new service, which was first trialled as part of an exclusive partnership, is due to launch ahead of the 2020 season.“The potential for pre-race and in-race betting is huge and F1 itself is developing in a way that will continue to fuel opportunities for additional markets,” ISG Group joint chief executive Tony Ragan said.“The potential for the betting markets was perfectly illustrated at the French GP where Sebastian Vettel who, despite a later tyre change, secured the fastest lap in the dying seconds of the race.”David Lampitt, managing director of sports partnership at Sportradar, added: “F1 remains an untapped market for bookmakers, despite it being one of the richest data driven sports in the world.“This partnership enables us to roll out enhanced data-driven products, which will provide additional betting opportunities both prior to and during live races, creating the most comprehensive offering available anywhere.”The new service comes after ISG in March also rolled out a free-to-play betting game as part of its official partnership with F1. The game utilises data collected and distributed by Sportradar, with also having the right to sub-license betting partnership rights to selected gambling brands worldwide.Image: emperornie 5th August 2019 | By contenteditor Topics: Sports betting Email Address The Formula 1 World Championship motor-racing series is to launch a live in-play betting offering via an agreement with sponsorship and data rights partner Interregional Sports Group (ISG) and Sportradar.last_img read more

Pennsylvania betting handle passes $300m in November

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Pennsylvania betting handle passes $300m in November Email Address Pennsylvania’s regulated sports betting market saw handle grow beyond $300m for the first time in November, thanks to a soaring mobile contribution, while online casino benefitted from a leap in table games stakes. Pennsylvania’s regulated sports betting market saw handle grow beyond $300m for the first time in November, thanks to a soaring mobile contribution, while online casino benefitted from a leap in table games stakes.Amounts wagered on sports across all channels amounted to $316.5m for November, a 31.2% improvement on the prior month, according to the figures from the Pennsylvania Gaming Control Board. This was driven by online betting, which accounted for $266.7m, or 84.3%, of the total. Retail’s contribution was also up month-on-month to $49.7m, though handle is growing at a slower rate than the state’s online market. From these stakes, operators generated revenue of $20.6m, though with operators doling out promotional credits worth $5.9m to players, the total taxable revenue for the month stood at $14.7m, down marginally from October. Looking at the performance of individual licensees, Valley Forge Casino, partnered with FanDuel, has raced far ahead of the competition, with stakes totalling $153.0m, up 29.6%. This was wagered almost entirely online, which accounted for $149.7m (97.9%) of the total. From these stakes, Valley Forge held $5.8m as taxable revenue after promotional credits, the highest total of any licensee. Coming in a distant second – in terms of amounts wagered at least – was Rivers Philadelphia, the property formerly known as SugarHouse Casino. Players wagered $41.3m through the property’s retail and mobile offerings.However, higher player winnings resulted in a month-on-month decline in revenue, which fell 41.3% to $1.6m. Parx Casino, despite total stakes of $30.5m giving it the fourth-largest handle, came in second in terms of total taxable revenue. Its $2.0m total after promotional credits set it ahead of the two Rush Street properties – Rivers Philadelphia and Pittsburgh. Read the full story, including a breakdown of Pennsylvania’s online casino market, on iGB North America. Tags: Card Rooms and Poker Mobile Online Gambling Race Track and Racino Slot Machines Topics: Casino & games Finance Sports betting Poker Slots Table games Horse racing Casino & games 17th December 2019 | By contenteditor Regions: US Pennsylvanialast_img read more

Football Index secures affiliate membership of IBIA

first_img21st October 2020 | By Robin Harrison While its business model marks it as separate from IBIA’s core sportsbook members, its affiliate membership will allow it to participate in the integrity activities run by the association. “Our customers have come to expect a high level of product security which we are determined to continue delivering,” Kelly explained. “As such, we are thrilled to join the IBIA. The association’s wide recognition as the preeminent global sports betting integrity body makes it the ideal partner for Football Index, as we strive to further place the integrity of our product at the heart of our business operations.”  The announcement of IBIA’s latest affiliate member follows the association announcing DraftKings has its latest full member. That agreement, announced last week, will also see DraftKings’ B2B arm SBTech gain access to IBIA’s monitoring and alert platform. Email Address Neil Kelly, chief executive of Football Index parent BetIndex, added that maintaining the integrity of its operations remained “paramount” to the operator.  Football Index, the online betting platform that allows users to trade on the future success of football players, has joined the International Betting Integrity Association (IBIA) as an affiliate member. Launched in 2015, Football Index markets itself as a stock market for football players, and operates under licences from the British and Jersey Gambling Commissions. The business is also active in sports sponsorship, with its branding appearing on Championship clubs Queens Park Rangers and Nottingham Forest’s kits. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwittercenter_img Topics: Social responsibility Sports betting Sports integrity Online sports betting Sports integrity Football Index secures affiliate membership of IBIA Tags: International Betting Integrity Association IBIA Football Index “The company’s operation may differ from traditional sportsbooks, but it is no less committed to maintaining the integrity of its product and the sporting events on which it is based,” IBIA chief executive Khalid Ali said. “Football Index’s integrity ethos therefore aligns with IBIA’s and its membership is another example of the association’s wide-ranging appeal and burgeoning roster of companies engaging with it globally.” Subscribe to the iGaming newsletter Regions: UK & Irelandlast_img read more

Flutter details £1.1bn share placing for FanDuel deal

first_img Subscribe to the iGaming newsletter M&A It is expected that dealings will commence in the placing shares next Tuesday (8 December). Flutter details £1.1bn share placing for FanDuel deal The group that owns Paddy Power Betfair and Pokerstars said a total of approximately eight million new ordinary shares in the company have been placed by Goldman Sachs International and J&E Davy at a price of 14,000 pence per placing share. The Euro placing price, for those participants in the placing who have elected to settle in Euros, is €155.44. Lachlan Murdoch, executive chairman and chief executive of Fox Corporation said : “We are delighted to participate in this capital raising. Maintaining our ownership stake in Flutter signifies our long-term commitment to Flutter, and ongoing confidence in management’s ability to execute against the fast growing US opportunity. 4th December 2020 | By Richard Mulligan Media giant Fox Corporation has committed to invest further in Flutter as part of the placing.   Companies: Flutter Entertainment FanDuel The deal announced on Thursday will see Flutter increase its stake in FanDuel from 57.8% to 95%. Flutter then intends to offer media giant Fox Sports the option to purchase 18.5% of the brand for fair market value in July 2021. Regions: UScenter_img Email Address The placing shares represent approximately 5.2% of Flutter’s issued share capital immediately prior to the placing, while the price represents a premium to the intra-day price at time of launch of approximately 3.4% and discount of approximately 2.1% to the closing price on 3 December 2020. Flutter will pay $2.09bn to Fastball – a consortium of investors headed by venture capital giant KKR – in cash for its entire stake in the business. The remainder of the deal will be paid through 11.7m Flutter shares valued at £133.50 apiece – Flutter’s share price when the market opened on Thursday. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Topics: Finance Strategy M&A The placing is set to raise gross proceeds of approximately £1.1bn, which is around a third of the $4.18bn (£3.13bn) due to be paid to Fastball for its 37.2% stake in FanDuel – raising its total stake to 95%. Flutter Entertainment has revealed the details of the cash-generating new share issue launched to raise £1.1bn towards its increased stake in FanDuel. “Fox’s audiences have proven to be highly engaged with free to play and wagering content, and we are excited to offer them access to products from Flutter’s market leading stable of US brands.” In a statement, Flutter said: “Flutter consulted with a number of its major shareholders prior to the Placing and has respected the principles of pre-emption through the allocation process insofar as possible. The company is pleased by the strong support it has received from new and existing shareholders.”last_img read more

Austrian government reports rise in illegal gaming devices seized

first_img Austria’s Ministry of Finance has reported an increase in the number of illegal gaming devices seized by police in 2020, despite law enforcement’s day-to-day operations being disrupted by the Covid-19 pandemic. Tags: Austrian Financial Police In total, 637 establishments were inspected in accordance with the country’s Gambling Act. 26th January 2021 | By Richard Mulligan Austrian government reports rise in illegal gaming devices seized The government department, known as the Bundesministerium Finanzen, revealed that the country’s financial police had confiscated 1,463 gaming machines over the course of 2020 – a year-on-year increase of approximately 100, or 7.3%. In November 2019, two months before before Blümel’s appointment,  the Austrian gambling trade association, the Österreichische Vereinigung für Wetten und Glücksspiel (ÖVWG), called for an end to Casinos Austria’s monopoly following allegations of corruption. “In addition to the legal and economic aspects, it is also the private tragedies surrounding pathological gamblers and their families that make controls against illegal gambling more than necessary,” the department added. Subscribe to the iGaming newsletter Uncategorizedcenter_img Email Address Four months earlier, Finance Minister Gernot Blümel called for an independent gambling regulator to be established in Austria to assume responsibility for regulating, licensing and supervising the market. The treasury currently oversees such matters. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Topics: Legal & compliance Uncategorized Legal The treasury added that the number of devices confiscated is increasing every year. Austrian authorities warned of a rise in illegal gambling in urban centres such as Vienna and Linz in July 2020. The ministry said that penalties totalling €32.2m (£28.1m/$38.5m) had been imposed as a result of the raids on premises where illegal machines were found. Regions: Austrialast_img read more

Shane Warne makes a Royal return to Rajasthan

first_img Cricket Shane Warne makes a Royal return to Rajasthan Cricket The champion captain is back as the mentor as Rajasthan Royals make their return to the Indian Premier League.The legendary legspinner will mentor the Rajasthan Royals in their comeback season and will be looking to recreate the old magic that has stood the test of time in the IPL. Previous articleFirst four India-SA ODIs register 170 mn hits on SonyLIVNext articleRenault F1 ties up with Vitality to enter esports Kunal DhyaniSports Tech enthusiast, he reports on Sports Tech industry and writes on sports products. By Kunal Dhyani – February 13, 2018 Cricket WI vs SA 2nd Test Day 3 Live: Roach removes Markram in the first over; SA 15/1 (4.5 ov)- Follow Live Updates ENG-W vs IND-W: Sneh Rana reveals England sledged a lot but we did not pay attention Warne will be joined by another Royals old hand in former Mumbai batsman Zubin Bharucha as Head of Cricket. Warne and Bharucha’s association goes back a long way to 2008 at Royals. As part of Royals’ think tank, the two had then forged a solid combination to carry forward the vision of the franchise. They are looking forward to working with each other again.As the Royals are back in the IPL fold after two years, the management wanted to recreate some nostalgia, and with it bring along a level of expertise which only a handful of individuals around the world possess.Shane Warne confessed that the Royals had always been close to his heart. “I am very happy and excited to be back with the Rajasthan Royals who I believe hold a very special place in my cricketing journey. I am overwhelmed by the love and affection showered on me by the franchise and fans of Rajasthan Royals,” said the man with a magical wrist.“We have a strong, young and energetic bunch of boys and I am looking forward to work with them”, added Shane Warne.The Australian led the Royals for three seasons from 2008-11 during which he played 52 games and picked 56 wickets. Later, he continued to be a guiding force for the team.As the greatest spin bowler the world has ever seen (708 Test wickets in 145 matches) Warne bound the spectators in a spell unseen on a cricket field. As a captain, he has been a leader par excellence. His astute leadership and cricketing brain came to the fore at Royals.“We welcome back Shane Warne as Rajasthan Royals mentor. He is a legend of the game and what he has achieved in Rajasthan Royals is unmatchable,” said co-owner Manoj Badale.“Bringing back Shane Warne is also a way of giving back to our fans who have stood by us in trying times. As we are looking to build a strong team that can be in contention for the title, we believe Warne is the right person to mentor the Rajasthan Royals. Zubin has also contributed immensely to the growth of the team and we are happy to have both back on board. We are excited and looking forward to a successful comeback.”Zubin Bharucha said he was thrilled to get another opportunity to work with Warne at Rajasthan Royals. “We have always looked to groom talent at Rajasthan Royals and it will be no different this time.”In his role as mentor, Warne will have a multitude of tasks to fulfill, both on and off the field. His main role will be to work closely with the senior leaders in the team, particularly the captain, to ensure all areas of strategy and tactics are covered. In addition, he will be working with all the spinners to impart technical knowledge in the art of spin. He will also work closely with the marketing and sponsorship teams to ensure certain commitments are fulfilled. PSL 2021 Eliminator 1 PES vs KAR LIVE: best way to watch Peshawar Zalmi vs Karachi Kings Live Streaming in your country, India, Follow Live update TAGSIndian Premier LeagueIPLRajasthan RoyalsShane Warne SHARE WTC Final Day 3 LIVE Score: Devon Conway smashes fifty; R Ashwin gets Latham- NZ 101/1 (45 ovs)- Follow Live Updates RELATED ARTICLESMORE FROM AUTHOR Cricket CricketIndian premier leagueLatest Sports NewsSports BusinessNewsSportSportstars Cricket center_img PSL 2021 Qualifier 1 ISL vs MUL LIVE: best way to watch Islamabad United vs Multan Sultans Live Streaming in your country, India, Follow… Football Euro 2020, Switzerland vs Turkey LIVE: Shaqiri doubles Switzerland’s lead after Seferovic opener at HT; Follow Live Updates Latest Sports News Tokyo Olympics: BCCI provides fuel in Indian Olympic flame, to contribute Rs 10 crore Cricket WTC Final IND vs NZ: Virat Kohli displays his dancing skills on the beats of Bharat Army’s Dhol; Watch video Cricket Facebook Twitter by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMicrosoftBring your desktop to life with Bing WallpaperMicrosoftUndocio.comUnlocking the Success of Digital Transformation with Active Intelligencecio.comUndoCapital One ShoppingThis hack can uncover JOANN discounts you don’t know aboutCapital One ShoppingUndoHe had inspired Rajasthan Royals’ title run as captain-cum-coach in the inaugural IPL way back in 2008. With a strong and energetic bunch at his disposal this time, Royals will look up to him to weave his magic yet again.Warnie, as he is known to the fans, is a true Royalty when it comes to the franchise. The success he has achieved over the years with a bunch of youngsters at the Royals is now folklore and deeply woven into the fabric of the Rajasthan Royals, the franchisee has stated in a post on its official website.Warne himself has taken to social media to announce his return to the IPL Royalty with Rajasthan. Share on Facebook Tweet on Twitter BCCI Apex Council Meet: BCCI to bid for 3 major global events in next tournament cycle starting from 2024; Check YourBump15 Actors That Hollywood Banned For LifeYourBump|SponsoredSponsoredUndoDefinitionTime Was Not Kind To These 28 CelebritiesDefinition|SponsoredSponsoredUndoPost FunThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayPost Fun|SponsoredSponsoredUndoDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily Funny|SponsoredSponsoredUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStory|SponsoredSponsoredUndoDefinitionWhat ‘Harry Potter’ Characters Were Actually Supposed To Look LikeDefinition|SponsoredSponsoredUndo Cricket PSL 2021 Playoffs LIVE – How to watch Pakistan Super League Playoffs Live Streaming on your Mobile, Laptoplast_img read more