Gambling in the USA

Steve Ruddock Joins BettingUSA.com

Published

2 months ago

August 16, 2019

Reading Time: 1 minute

BettingUSA.com has appointed the industry veteran Steve Ruddock as its lead analyst, content director and equity partner.

In his role with BettingUSA.com, Ruddock will spearhead content and provide his unique brand of news, analysis, and insights on the regulated US gaming industry. Ruddock will also help lead the launch of additional national and regional brands.

“I’m thrilled to join BettingUSA and work with Mike, Wes, and the rest of the team to deliver the highest quality coverage and analysis of the legal US online gambling industry. This is an exciting time to be a part of this growing and evolving industry, and there isn’t a doubt in my mind BettingUSA will be a central figure in the space,” Steve Ruddock said.

Ruddock has spent the last decade covering the legal and legislative developments in the rapidly evolving US gambling sector and brings a breadth of knowledge and relationships to BettingUSA.com.

“We’re excited to bring Steve Ruddock on board. People listen when Ruddock speaks – and for good reason. He has long served as one of the most perceptive and intelligent voices in the regulated sports betting and gambling industries. Bringing Steve on board is a big win for us and our readers alike,” Wes Burns, Editor in Chief of BettingUSA.com said.

“It is a pleasure to welcome Steve Ruddock to the team. There is no doubt BettingUSA has gained a great asset in Steve and we look forward to working together as BettingUSA grows and new markets emerge,” Mike Murphy, CEO of BettingUSA.com said.

Up Next

Gaming and Leisure Properties Announces Pricing of $400,000,000 of 3.350% Senior Notes Due 2024 and $700,000,000 of 4.000% Senior Notes Due 2030

Don't Miss

Nasdaq and Interactive Brokers Become the Latest Wall Street Institutions to Enter into Sports Betting

Niji Narayan

Niji Narayan 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. He reports gaming industry headlines from all around the globe.

Comments

Gambling in the USA

Tim Wilmott Steps Down as Chairman of AGA

Published

1 hour ago

October 21, 2019

Niji Narayan

Tim Wilmott Steps Down as Chairman of AGA

Photo Source: linkedin.com

Reading Time: 1 minute

Tim Wilmott has retired from the American Gaming Association as its chairman. The legalisation and expansion of sports betting has been a key marker of Wilmott’s term.

He told AGA members: “Once PASPA happened everything changed,” referring to a Supreme Court ruling that overturned a ban on sports betting. Since then, 13 states so far have launched legalised sports betting operations in casinos, racetracks and on mobile devices.

Wilmott, CEO of casino company Penn National Gaming, said the industry’s relations with the government had become even more important with the advent of sports betting. A bill seeking federal sports betting control is now in the Senate.

Wilmott said that during his tenure and that of his previous chairman, the profile of AGA membership had changed and it had broadened as a result of work headed by CEO Bill Miller and his predecessor.

He was speaking to members at the conclusion of the 2019 G2E trade show that had attracted 30,000 gaming professionals to Las Vegas.

Compliance Updates

DC Judge Refuses to Halt DC Lottery’s Controversial Deal with Intralot

Published

3 hours ago

October 21, 2019

Niji Narayan

DC Judge Refuses to Halt DC Lottery’s Controversial Deal with Intralot

Reading Time: 1 minute

DC Superior Court Judge John Campbell has refused to halt the DC Lottery’s controversial deal with tech provider Intralot.

Last month, a different DC judge issued a temporary restraining order on Intralot’s deal based on a request by DC resident Dylan Carragher, a software developer who filed a lawsuit to force DC to hold a competitive tender for the betting contract.

Judge Campbell justified his refusal to honour Carragher’s injunction request by saying he did not think Carragher’s lawsuit will succeed. Campbell added that “it clearly and unquestionably was within the Council’s authority” to waive the competitive bidding requirement. Carragher has already indicated that he will appeal Campbell’s ruling, so the action now shifts to the DC Court of Appeals.

Gambling in the USA

GAN Reports September 2019 Internet Gambling Growth For Pennsylvania

Published

7 hours ago

October 21, 2019

George Miller

GAN Reports September 2019 Internet Gambling Growth For Pennsylvania

Reading Time: 2 minutes

GAN plc, an award-winning developer and supplier of enterprise-level B2B Internet gambling software, services and online gaming content in the United States, today updated the market following the publication on October 17, 2019, by the Pennsylvania Gaming Control Board (“PGCB”) of Internet gaming and Internet sports betting financial information for the calendar month of September 2019 in Pennsylvania.

Highlights from the PGCB include:

Internet Gaming Win was $6.0 million in September, compared to $4.0 million in the prior sequential month, reflecting an increase of 48.2%.
Total Internet Sports Wagering Handle⁽¹⁾ was approximately $153.6 million for the month of September, compared to:

– $83.2 million for the month of August;

– $39.0 million for the month of July; and

– $19.3 million for the month of June.

Internet Sports Wagering Gross Revenues⁽²⁾ (after payouts) for the month of September were $13.4 million, compared to:

– $6.3 million for the month of August;

– $2.9 million for the month of July; and

– $1.4 million for the month of June.

Gross amount of money accepted in wagers
Internet Sports Wagering Gross Revenues may vary from month to month due to the payouts for future events occurring months after the original wager was made and unredeemed winning wagers from prior months will become deductible upon redemption in future months

This information will be updated and published each month, following publication by the PGCB, in order to enable the investor community to readily monitor growth of Internet gambling in Pennsylvania, which remains a key market for GAN.

About GAN Plc:

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. The Company has also launched digital user acquisition & retention marketing in support of the Internet Casino (https://casino.winstar.com) provided by GAN’s Digital Marketing Agency in Tel Aviv, Israel.

GAN is listed on the London Stock Exchange (LSE: GAN).

For more information please visit www.GAN.com.