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FanDuel to offer sports betting at Greenbrier Resort

Niji Narayan

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FanDuel to offer sports betting at Greenbrier Resort
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The Greenbrier Resort in West Virginia will join hands with FanDuel to offer sports betting operation. A press release from FanDuel confirmed the development:

 “We are honored to be chosen to provide sports wagering services at The Greenbrier, an iconic resort in the U.S. As we work towards building out a top sports betting product for the upcoming NFL season, we look forward to bringing West Virginia residents, sports fans, and visitors to The Greenbrier the best interactive sports experience on the market.”

The deal is the first sports betting partnership confirmed in WV and the first one anywhere for FanDuel.

West Virginia sports betting regulations approved.

The state’s lottery, which will administer West Virginia sports betting, approved last week emergency regulations to facilitate a launch by fall. Those regulations open the door to online and mobile sports betting, hugely important to a successful state market.

West Virginia legislators passed sports betting into law in March. The law allows the state’s five casinos to offer legal sports betting in exchange for a $100,000 licensing fee and ten per cent of revenue paid in taxes.

No integrity fees go to the pro sports leagues in West Virginia despite intense lobbying from MLB and NBA executives. Lawmakers declined to put in the fees, then, fought off an attempt by Gov. Jim Justice to reopen the law to insert them soon after passage.

Greenbrier’s plans for WV sports betting

The press release lays out the full game plan for WV sports betting at The Greenbrier:

The Greenbrier plans to have an onsite wagering platform inside The Casino Club at The Greenbrier, America’s only private casino, as well as a FanDuel-branded online site and mobile application. Plans are to have the services running by the fall. The exact date will be contingent on when the state of West Virginia’s regulations are put in place.

Regulators expect to have the industry ready for launch by September 1 at the latest. Operators can partner with up to three online/mobile platform providers apiece.

The property’s president, Dr. Jill Justice, said: The Greenbrier is excited to offer a new guest amenity. “The Casino Club at The Greenbrier has been an attractive destination for our guests and members since its opening,” she said, “and sports betting provides yet another element to the casino experience.”

It remains to be seen whether the platform will be available statewide or exclusively to members and guests of the private club. A members-only sports book would seem to be both in line with The Greenbrier’s culture and a hinderance to potential revenue.

The NFL will love having sports betting next door

The NFL continues to fight for control of a legal sports betting market it may not have wanted in the first place; it was one of the litigants in the US Supreme Court case, supporting the federal ban, a case it lost. Now, fans at an NFL training camp could be placing mobile sports bets on who will win the Super Bowl.

The Houston Texans hold their training camp at The Greenbrier, which is owned by the family of Justice. The governor allowed the law authorizing West Virginia sports betting to go into law without his signature because of the conflict of interest.

The Greenbrier is also the host of an annual PGA Tour event, scheduled this year for July 5–8.

FanDuel deal still has not closed

The announcement of a sports betting deal for FanDuel comes with slightly strange timing. The DFS operator is not the middle of being acquired by Dublin-based gaming company Paddy Power Betfair.

That deal could close as soon as early July.

FanDuel, by itself, has no known means to provide a sports betting product on its own, so this deal is almost certainly predicated on the PPB deal closing in short order. The deal would close, in theory, well before West Virginia launches sports betting — mobile and otherwise — officially.

PPB subsidiary Betfair US has also formed its own partnership with Tioga Downs (New York) and Meadowlands Racetrack (New Jersey), planning to use the FanDuel brand in those two states, too.

It is not exactly clear why the WV partnership was inked with FanDuel directly, while the other sports betting partnerships have been crafted through PPB.

 

Source: legalsportsreport.com

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Scout Gaming signs deal with market leading CIS operator Parimatch

George Miller

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Scout Gaming signs deal with market leading CIS operator Parimatch
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Scout Gaming has entered into a license agreement with one of the market leading operators in the CIS region, Parimatch, to launch Scout Gaming’s market leading Daily Fantasy Sports product.

The partnership after it was announced that the Ukrainian president has signed a new bill to legalize gambling in Ukraine and start issuing licenses.

Founded in Ukraine 1994, Parimatch looks to build on its heritage to maintain a leading position in its home market. Parimatch is expected to be one of the first companies to apply for and obtain a local license in Ukraine.

“We are very pleased to reach an agreement with one of the absolute largest operators in the CIS region. We are impressed by how the team on Parimatch has grew their operations in the recent years and we are happy to further support their growth with offering our full product portfolio. Scout Gaming is currently putting all efforts to reach agreement with market leading operators around the world, this is an additional step in the right direction”, comments Scout Gaming CEO, Andreas Ternstrom.

“We are constantly improving our product offering and are very happy to be able to offer the market leading Fantasy product to our clients in a near future. Scout Gaming’s software will extend our already very successful sports offering and we are looking forward to a long-term successful co-operation”, comments Parimatch CEO, Sergey Portnov.

While the deal will have a limited impact on Scout Gaming’s 2020 revenues, the partnership has the potential to have a moderate to high effect on revenues in 2021 and beyond.

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Daily Fantasy Sports

Scout Gaming strengthens partnership with Kaizen Gaming (Stoiximan and Betano)

George Miller

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Scout Gaming strengthens partnership with Kaizen Gaming (Stoiximan and Betano)
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Scout Gaming extends agreement with Kaizen Gaming – being the first operator to launch a Daily Fantasy Sports product in the Greek market, Kaizen Gaming, the recently renamed group behind the brands Stoiximan and Betano, has reaffirmed its long-term successful use of Scout Gaming products.

The parties have entered into a new agreement which will replace the one entered in May 2018. As a direct consequence of the good results enjoyed by Kaizen Gaming from the use of Scout Gaming’s DFS product in the Greek market under its flagship brand Stoiximan.gr, the parties have decided to extend the collaboration, taking a long-term strategic and mutually beneficial view to the partnership, focusing on launch of new products in Greece as well as expand the partnership into other markets. The agreement also includes certain unique rights given to Kaizen Gaming for the use of Scout Gaming’s products under a certain time frame.

The new agreement will enable Kaizen Gaming to launch all additional games currently found in Scout Gaming’s product portfolio, including Player Performance Odds and Player Matchups, as well as expand into additional markets through its international brand, Betano. Further on, the parties will together aim at bringing to life new products by either finding new applications to existing products or creation of innovative new games.

“We are honored to strengthen our partnership with one of Europe’s fastest emerging GameTech companies. Kaizen has been quick to spot and act on the positive trend enjoyed by the European DFS market and the results have been amazing. We are looking forward to supporting their growth with our products. Being able to forge a strong long-lasting partnership with an exceptional business such as Kaizen Gaming is the best proof one can get to the quality of our products and the team behind it” comments Joakim Renman, CCO of Scout Gaming.

“Scout Gaming shares the same values of continuous improvement and our collaboration grows hand in hand through innovative products and services. Providing an optimum experience to those who trust us is a key objective for our customer centric approach and collaboration with Scout Gaming is proven to be instrumental on this one. It has been a pleasure to work with the team at Scout Gaming and the level of the quality of its service has truly stood out as one of the best in the business. We are confident that launching of additional products delivered by Scout Gaming will enhance our product offering and deliver more value to our business.” commented Chris Tzalavras, Head of Commercial at Stoiximan on Kaizen Gaming.

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Daily Fantasy Sports

Scout Gaming launches 1 Million Euro Fantasy Premier League Season Game

George Miller

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Scout Scout Gaming launches 1 Million Euro Fantasy Premier League Season Gamepresents preliminary Q1 revenues and the initial COVID-19 impact
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As the leading B2B fantasy sports provider, Scout Gaming Group is following up last year’s “quarter of a mill” Premier League Season Game by offering €1,000,000 guaranteed prize pool for this season. With 50,000 available seats at €25 each, the competition promises to pay out 1,250 prizes, with the 1st place securing €200,000. The tournament will be available for Scout Gaming’s clients in the world-wide network.

Scout Gaming’s seasonal game has similarities to the popular official Fantasy Premier League game with regards to budget, number of players, and some of the scoring rules. There are prizes for best manager per month and even per game week. A side tournament for the high rollers is provided as well, with a hefty buy-in of €2,625.

“We are very pleased on a global basis, first time ever, offer a life changing money prize pool for the upcoming start of Premier League. Outside the US, Premier League is considered to be number one Fantasy Game, the official Fantasy Premier League, free-to-play game, which currently attracts between 6-7 millions players has experienced heavy growth the recent years. On the backbone of that and the general interest from our partners enables us to provide this record-breaking prize sum”, comments Andreas Sundal, CPO and Co-founder, Scout Gaming.

Even with the season game around the corner, Scout Gaming Group is first and foremost a sports game provider focusing on the player performance, by offering a wide variety of sports and leagues with real money DFS buy-ins and prizes, including: NBA Basket, NHL hockey, an increasing set of Esports, MLB baseball, NFL football, UFC Mixed Martial Arts, Grand Slam tennis, IPL Cricket and of course soccer and several of local leagues globally.

Additionally, Scout Gaming Group is a pioneer in offering betting markets on fantasy points duels, matchups, and over/under fantasy points. Using the same scoring system as for DFS, it is possible to set up duels between players from different matches, and even from different sports.

“We have a clear focus on offering the most interesting betting products for player-oriented bets, including both traditional DFS, but also above stated markets and other newly developed products. Even after the American reregulation, DFS is an essential product on the American sports betting market – something that is spreading world-wide as well. We are very pleased to so far been entrusted from a couple of leading operators, including for example the market leader in Greece, Stoiximan, the state-governed leading Norweigan operator Norsk Tipping among others”, continues Andreas Sundal, CPO and Co-founder, Scout Gaming.

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