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Gambling in the USA

E-sports publisher lauds New Jersey and Delaware for legalising sports betting

Niji Ng

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Alex Igelman, the CEO of the Canada-based Millennial Esports Corp., a mobile video game publisher focused on Esports and Racing, has termed the decision of the US states New Jersey and Delaware to legalise sports wagering “exciting.” He will be appearing at the East Coast Gaming Congress and NexGen Gaming Forum, talking about Esports in a panel discussion on the future of sports betting at the opening day of the conference, which is being held on June 13–14 in Atlantic City, New Jersey.

He said: “With New Jersey, as expected, being one of the first states to fully legalise sports wagering, the timing of this conference couldn’t be better. It is an extremely exciting moment for our industry, as wagering on Esports is something numerous states are seriously considering.”

 “This is also a very exciting time for Millennial Esports, as our competitive gaming platform would prove very useful to individual states or licensed gaming companies looking to expand into new forms of sports wagering. We strongly feel that New Jersey and Delaware are just the first of many states that will move to legalize sports betting, offering tremendous potential growth for Esports.”

The 22nd Annual East Coast Gaming Congress and NexGen Gaming Forum, to be held June 13–14 at Harrah’s Waterfront Conference Center, will mark the 40th anniversary of gaming in Atlantic City along with the dawn of a new age of legalised sports wagering. Mr. Igelman’s 3:00pm panel discussion on June 13th, entitled “Sports Betting: where does it stand in mid-2018 and where is it going?” follows the keynote address at the NexGen Gaming Forum.

Although Delaware led New Jersey in opening the betting window, allowing gambling to begin last Tuesday, New Jersey is the first state since the Supreme Court’s decision to officially make wagering legal in a State where it had been prohibited. Delaware had been grandfathered in for select betting options. Last Thursday, the New Jersey State Legislature voted to legalise sports betting, paving the way for casinos and racetracks to take wagers and provide the state with new sources of revenue.

About Millennial Esports Corp.

Millennial Esports Corp. (MEC) is a vertically integrated mobile gaming publisher leading a revolution to fuse esports racing and professional motorsport through a global competition model. MEC is utilizing its gaming franchises and intellectual property (IP) to engage millions of new players. Combined with its virtual and live tournament platforms, gaming analytics capability, and motorsport IP – including World’s Fastest Gamer – MEC is uniquely positioned to become the market leader in Esport Racing.

“Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.”

Source: Millennial Esports Corp.

Niji has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. Besides reporting industry headlines from all around the globe, Niji is also head of the content management team at Impressions Content Management, based in Kerala, India, which offers writing and editing services to clients around the world.

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Gambling in the USA

GAN plc: New Jersey’s online gambling revenue rises in November

Niji Ng

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GAN plc: New Jersey’s online gambling revenue rises in November
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GAN plc, an award-winning developer and supplier of enterprise-level B2B Internet gaming software, services and online gaming content in the United States, updated the market following the publication on December 12, 2018 by the New Jerseys Division of Gaming Enforcement (DGE) of Internet gaming and Internet sports betting financial information for the calendar month of November 2018 in New Jersey.

According to the latest financial report of the New Jersey’s Division of Gaming Enforcement,  online gaming win for November in was $26.9 million in November, which represents a 30.7% hike year-on-year.

The total revenue from internet sports wagering was about $238.6 million for the month of November 2018, a rise of 36.8% from from the previous month.

Sports wagering gross revenue was $21.2 million, $11.7 million more than the previous month’s revenue.

GAN is a leading business-to-business (B2B) supplier of internet gambling software-as-a-service solutions (SaaS) to the US land-based casino industry. The Company has developed a proprietary internet gambling enterprise software system, GameSTACK„¢, which it licenses principally to land-based US casino operators as a turnkey technology solution for regulated real-money internet gambling, encompassing internet gaming, internet sports gaming and virtual Simulated Gaming.

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Gambling in the USA

Holiday Responsible Gambling Campaign to be launched in Massachusetts

Niji Ng

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Holiday Responsible Gambling Campaign to be launched in Massachusetts
Photo Source: twitter.com/MassGamingComm / MGC Interim Chair Gayle Cameron was proud to take part in this year’s Massachusetts Partnership for Responsible Gambling
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In a joint initiative, the Massachusetts Gaming Commission and the state lottery are going to launch the Holiday Responsible Gambling Campaign. The campaign is intended to create awareness about the dangers of buying lottery tickets for children and the pitfalls of encouraging any form of underage gambling.

There is a widespread practice among adults to gift under-aged persons a variety of shadow-gambling gifts such as scratch tickets, lottery tickets, believe it or not, or even casino tokens.

“Let’s try to refocus our consumers into giving toys that are age appropriate. As I mentioned during our presentation this is the type of really cute gift you want to be giving to someone who’s a child, you don’t want to be giving them a five or ten dollar scratch ticket or something related to a casino operation,” said Massachusetts State Lottery Director Michael Sweeney.

A toy drive will be part of the campaign to help provide appropriate gifts for kids across Massachusetts.

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Gambling in the USA

PointsBet obtains New Jersey approval

Niji Ng

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PointsBet obtains New Jersey approval
Photo Source: aifs.gov.au
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New Jersey’s Division of Gaming Enforcement (DGE) has approved PointsBet, an Australian company that offers an innovative form of sports betting.

The Australian company will function in association with the Meadowlands Racetrack on a “soft play” basis.

PointsBet follows a different system of payouts calculation. Basically, payouts vary, not a constant amount. For example, if you bet $10 and correctly predict the over in an NBA game, you will receive $10 for every point over the total. Conversely, you will lose $10 for every point under the total in a losing bet.

“The more your bet wins by, the more you win,” the company’s website – which has already been updated to include Tuesday’s news – reads.

“PointsBet is New Jersey’s first specialist PointsBetting provider,” the website says, with a picture of local New York Jets legend Darrelle Revis pictured as brand’s ambassador.

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