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Gambling in the USA

NFL Commissioner Roger Goodell releases statement on gambling

George Miller

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NFL Commissioner Roger Goodell releases statement on gambling
Photo credits: REUTERS/Mike Segar
Reading Time: 1 minute

NFL’s spring meeting is being held this week in Atlanta, commissioner Roger Goodell released a statement on a major issue for the league: sports gambling.

Commissioner Goodell and the NFL have tried to distance themselves from gambling in order to assure fans they are committed to protecting the integrity of the game, but wagering on football games is something that has gone on for years.

NFL Commmissioner Roger Goodell issued the following statement in regards to sports betting:

“As it was for my predecessors, there is no greater priority for me as the Commissioner of the National Football League than protecting the integrity of our sport. Our fans, our players and our coaches deserve to know that we are doing everything possible to ensure no improper influences affect how the game is played on the field. This week’s ruling by the Supreme Court has no effect on that unwavering commitment.

We have spent considerable time planning for the potential of broadly legalized sports gambling and are prepared to address these changes in a thoughtful and comprehensive way, including substantial education and compliance trainings for our clubs, players, employees and partners. These efforts include supporting commonsense legislation that protects our players, coaches and fans and maintains public confidence in our games. We are asking Congress to enact uniform standards for states that choose to legalize sports betting that include, at a minimum, four core principles:

1. There must be substantial consumer protections;
2. Sports leagues can protect our content and intellectual property from those who attempt to steal or misuse it;
3. Fans will have access to official, reliable league data; and
4. Law enforcement will have the resources, monitoring and enforcement tools necessary to protect our fans and penalize bad actors here at home and abroad.”

 

Source: nfl.com

 

Gambling in the USA

Grover Gaming Announces New Expansion

George Miller

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Grover Gaming Announces New Expansion
Reading Time: 2 minutes

 

Lottery and Charitable Gaming software firm to double over the next year.

Grover Gaming, Inc. announced that it is commencing a large expansion of its staff over the next year.

“Lotteries and Charitable Gaming markets in this country are experiencing a digital revolution, and Grover Gaming is uniquely poised to capitalize on this opportunity,” said Garrett Blackwelder, President of Grover Gaming. “To do that, we will be more than doubling the size of our game studios over the next year. We have to further expand our staff and capabilities in our software engineering, 3-D game studios, and customer support divisions, as well as increase our ability to service future markets.”

Alan Mizelle, CFO of Grover Gaming, states that Grover currently has over 150 employees and expects to add at least another 100 to that total over the next year to 18 months. “Due to our relentless focus on the player, customer support, and product innovation, we have been tremendously successful over the past year, and the coming year will be even better.”

Grover Gaming is considering several possibilities for the necessary expansion of their facilities. “We are already seeking additional professionals in our core areas,” said Blackwelder, “So, in order to accommodate the new employees, we are evaluating our options in the brick-and-mortar part of the equation.”

“The new staff will be mostly in the areas of product development, art, engineering, and game development,” said Gerren Brown, Director of Human Resources for Grover Gaming.  According to Brown, Grover Gaming will also be expanding its offices in the Northeast and Midwest United States.

Grover Gaming develops software, game content and gaming systems for lotteries and charitable gaming jurisdictions and is licensed in OhioNew Hampshire, The Commonwealth of KentuckyNorth DakotaSouth DakotaMontanaWashingtonOntario Canada, and The Commonwealth of Virginia. Inc. magazine recognized Grover Gaming this year as one of the fastest-growing companies in America.

 

Source: Grover Gaming

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Gambling in the USA

Indiana Sports Betting Revenue Surges in October 2019

Niji Narayan

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Indiana Sports Betting Revenue Surges in October 2019
Photo Source: indystar.com
Reading Time: < 1 minute

 

Indiana Gaming Commission has reported that the second month of legal sports betting in the state saw nearly three times as much money wagered than in its opening month. Gamblers wagered a total of $91.7 million on sports in Indiana during October, compared to $34.5 million in September.

Mobile betting totalled $48 million for the month. Sports bets placed at casino windows or kiosks totalled $43.7 million. The state collected about $1 million in sports gambling taxes last month, up from about $800,000 during the first month of legal sports wagering in September. Football accounted for the most betting on an individual sport, at more than $41 million. Baseball accounted for nearly $10.5 million in bets.

More than half of the Indiana sports bets placed in October went through Ameristar in East Chicago, which was one of the first to launch mobile sports wagering through its partnership with DraftKings. Of the casino’s $46.2 million in total wagers, $39.4 million came via mobile devices.

Jeff Morris, a spokesman for Ameristar owner Penn National Gaming, said he couldn’t discuss specifics about the performance of the casino’s new sportsbook, “But we have been pleased thus far.”

Noah Hirsch, vice president and assistant general manager at the Hammond Horseshoe Casino, said the casino is working with its parent company, Caesars Entertainment, on getting a mobile wagering app to customers.

“Our guests are eagerly awaiting that and we’re definitely encouraged by the numbers that mobile is putting up in Indiana. We’ll definitely want to have a piece of that as well,” Hirsch said.

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Gambling in the USA

Stockholders of Eldorado Resorts and Caesars Entertainment Vote to Approve Eldorado’s Acquisition of Caesars

George Miller

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Stockholders of Eldorado Resorts and Caesars Entertainment Vote to Approve Eldorado’s Acquisition of Caesars
Reading Time: < 1 minute

 

Eldorado Resorts, Inc. and Caesars Entertainment Corporation announced that, at separate Special Meetings of Stockholders, their respective stockholders approved certain actions in connection with Eldorado’s acquisition of Caesars. The transaction is expected to be consummated in the first half of 2020 and remains subject to the receipt of all required regulatory approvals, and other closing conditions.

Holders of over 99% of the Eldorado shares that voted on the issuance of shares of Eldorado common stock in connection with transactions contemplated by the merger agreement with Caesars cast their votes in favor, representing approximately 87% of Eldorado’s outstanding common stock as of the record date for the Eldorado stockholder meeting. Holders of over 99% of the Caesars shares that voted on the merger cast their votes in favor, representing approximately 76% of Caesars’ common stock outstanding and entitled to vote as of the record date for the Caesars stockholder meeting. Eldorado and Caesars stockholders also approved each of the other matters on their respective meeting agendas, including the Eldorado stockholders’ approval of the reincorporation of Eldorado from Nevada to Delaware subject to and promptly following the consummation of the merger.

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