Connect with us

Daily Fantasy Sports

DraftKings Applies for Sports Betting License in New Jersey

George Miller

Published

on

DraftKings Applies for Sports Betting License in New Jersey
Photo Credits: Mark J. Rebilas/USA Today
Reading Time: 2 minutes

Leading the Pack, DraftKings Prepares to Enter $150 Billion National Sports Betting Market

 

DraftKings Inc. announced that the company has officially applied for a state license to offer sports betting in New Jersey. Its application for a Casino Service Industry Enterprise License has been “accepted for filing” by the New Jersey Division of Gaming Enforcement (DGE), marking a key step towards licensure and further demonstrating DraftKings’ leadership position in the sports betting market.
“The New Jersey DGE has been on the leading edge of creating a smart, consumer-focused sports betting framework in the Garden State,” said Tim Dent,

Chief Compliance Officer and Chief Financial Officer at DraftKings. “We are working with New Jersey officials toward a public rollout of a DraftKings sports betting product.

DraftKings recently announced it selected Resorts Casino Hotel as its New Jersey casino licensing partner, satisfying an expected regulatory requirement for the company to offer an online sports betting product in the state. With plans to leverage its state-of-the-art technology, prominent sports entertainment brand and more than 10 million registered customers, DraftKings is poised to become a major player in the estimated $150 billion sports betting market.

Beginning well before May’s Supreme Court decision, DraftKings has been steadily building a world-class internal sportsbook team. DraftKings also announced today that Karl Gambin has joined the company as Director of New Jersey Gaming Operations based out of its new office in Hoboken, NJ. Gambin will lead DraftKings’ compliance, customer and regulatory activities in the state. The company will continue to expand its local operation and is currently recruiting for a dozen additional positions based in the Hoboken office.

 

About DraftKings:
DraftKings is an innovative sports-tech and media entertainment platform changing the way consumers engage with their favorite sports, teams and athletes by bringing fans closer to the game. DraftKings, headquartered in Boston, MA, offers daily and weekly fantasy sports contests across ten professional sports in the U.S., Canada, United Kingdom, Malta, Germany, Ireland, Austria and Australia. Founded in 2012 by Matt Kalish, Paul Liberman and Jason Robins, DraftKings makes sports better and better sports fans by creating the ‘Game Inside the Game.’

 

Source: DraftKings

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

Continue Reading
Advertisement
Comments

Daily Fantasy Sports

Scout Gaming recognized as the leading provider of Fantasy Sports

George Miller

Published

on

Scout Gaming recognised as the leading Fantasy Sports Supplier
Photo Credits: Scout Gaming
Reading Time: 2 minutes

The most successful and innovative gaming suppliers are noticed at the EGR B2B Awards. In fierce competition, Scout Gaming won “Fantasy Sports Supplier of the year”.

Following a string of recent commercial success with several leading operator agreements on a number of markets and a strong product roadmap, Scout Gaming received the award for ‘Fantasy Sports Supplier of the year’ in what is seen as the most prestigious award shows, recognizing the best suppliers in the online gaming industry. Awards are awarded based on votes from a panel consisting of prominent members from a number of leading online operators, such as William Hill, Unibet, Gala Coral, Betsson and Fortuna.

The award cements Scout Gaming as the leading supplier of Fantasy Sports on the global market, after what has been a defining year involving several high-profile deals, product innovations and customer launches.

We are very pleased with the Fantasy Sports Supplier of the Year award because it relates to our current main product. This award is a proof of that we are the leading player in this market, stil at an early stage, but is expected to grow the sport range among all European operators. Scout Gaming has recently signed agreements with a number of leading operators, planning to launch our products during the year,” said Andreas Ternström, CEO of Scout Gaming.

Scout Gaming leads the development of the pool betting vertical with Daily Fantasy Sports as the first product. During the last six months, Scout Gaming has signed agreements with, amongst others, Betsson, ComeOn, Nordic Leisure, Luckia, GML Interactive, 1XBet. Scout Gaming has been listed on Nasdaq First North since December 2017.

For additional information, please contact:
Andreas Ternström, CEO
Tel: +46 706 770 660
E-mail: andreas.ternstrom@scoutgaminggroup.com

 

About Scout Gaming Group:
Scout Gaming Group is a licensed and regulated provider of B2B Daily Fantasy Sports and pool betting. The company offers a flexible and customizable network based Fantasy Sports solution with support for most sports and leagues through an in-house StatCenter which also provides real-time information to players. Local sports can be provided on request. The Group has approximately 60 staff and is headquartered in Stockholm, Sweden with development and operations in Bergen, Norway and Lviv, Ukraine. Sales, support and product management is handled from the office in Malta.

Continue Reading

Daily Fantasy Sports

Global Daily Fantasy Sports enters Italian network through Microgame

Niji Ng

Published

on

By

Reading Time: 2 minutes

Global Daily Fantasy Sports, a Canada-based B2B Daily Fantasy Sports software provider, has announced its full integration and testing work with Microgame S.P.A. (Microgame). Microgame in turn has obtained the final certification from the Italian gaming authority (“Agenzia delle Dogane e dei Monopoli”or “ADM”) to launch onto the existing Italian network.

Microgame is the premier Gaming Service Provider in Italy. The company holds concessions, licenses and authorisations to provide “turnkey” solutions for the Italian gaming market in compliance with Italian regulations. Microgame serves more than 30 ADM-licensed Operators with over 90 different brands and over 700,000 registered players, generating in aggregate Gross Gaming Turnover of over €2.5 billion euro.

Microgame is the only Service Provider in Italy that provides complete turnkey gaming solutions including game account platforms and interconnection to the regulator’s systems. In addition, Microgame has market-leading content in all game verticals that it offers to all its customers.

A pioneer in multichannel service, Microgame is the “all Italian” B2B service provider with the highest presence on the National level. In fact, its capability to offer products tailored to the needs of the single Operator makes Microgame not just a service provider but also a true strategic partner.

Microgame’s approval launches Global’s two-year exclusive agreement, which was previously announced on February 5, 2018. Microgame is now in the position to deliver Global’s Daily Fantasy Sports product to all their ADM-licensed Operators in Italy.  Microgame joins Global’s previously announced network partners in time for the 2018 FIFA World Cup in Russia as the Company steps up its European presence for the most widely viewed and followed sporting event in the world.

Darcy Krogh CEO of Global Daily Fantasy Sports Inc. comments, “Strategically this is an important relationship for us. Microgame is a top tier B2B provider in the Italian market and brings with it additional new partners to our Italian network. This will assist us greatly in growing the network. In addition the Microgame team has vast experience marketing in a networked environment which will benefit all our network partners.”

Marco Castaldo, Microgame General Manager, states:  “We are really excited to make DFS available to the operators in our network.   With our market-leading liquidity, we intend to work with our customers and with our partners to deliver the tremendous potential of this game for Italian players.”

 

Source: 5StarMedia

Continue Reading

Daily Fantasy Sports

Scout Gaming signs deal with Luckia

George Miller

Published

on

Scout Gaming signs deal with Luckia
Reading Time: 2 minutes

Scout Gaming Group has entered into an agreement with Luckia to deliver the company’s game platform.
The agreement gives Luckia full access to Scout Gaming’s platform enabling them to offer a complete Daily Fantasy Sports solution to its customers. Launch is expected to occur in connection with the upcoming World Cup.

Luckia is among the leading players in southern Europe and South America, including a market presence in Spain, Portugal, Croatia, Chile and Columbia. Luckia was founded more than 40 years ago and has more than 2.500 employees.

Luckia is among the bigger operators in for us very attractive markets. They will bring additional liquidity to our sport network was well as they will widen Scout Gaming geographical markets further. They have an extended history of providing games both in physical form and online and I’m honored that they have chosen our product” says Andreas Ternström , CEO of Scout Gaming.

Prior to today’s announcement Scout Gaming liquidity network includes or intends to include, GML Interactive, 1XBet, Betsson, Bethard, Nordic Leisure, ComeOn, Starpick, Fanteam, GoFantasy and PAF, of which the last four have launched with Scout Gaming’s DFS product and included payment suppliers.

We are very happy to reach an agreement with Scout Gaming. We are looking forward to add the fantasy game to our current portfolio and start a successful business partnership with them” commented Jaume Moragues, Online Director of Luckia.

 

About Scout Gaming Group:
Scout Gaming Group is a licensed and regulated provider of B2B Daily Fantasy Sports. The company offers a flexible and customizable network based Fantasy Sports solution with support for most sports and leagues through an in-house StatCenter which also provides real-time information to players. Local sports can be provided on request. The Group has approximately 60 staff and is headquartered in Stockholm, Sweden with development and operations in Bergen, Norway and Lviv, Ukraine. Sales, support and product management is handled from the office in Malta.

Continue Reading
Advertisement
NSoft
Advertisement
BetConstruct

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Latest by author

Top read articles

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.