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Monumental Sports & Entertainment Announces New Esports Sub-Brand Caps Gaming Presented by Leidos

George Miller

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Monumental Sports & Entertainment Announces New Esports Sub-Brand Caps Gaming Presented by Leidos
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Will host the Caps Gaming Showcase EA SPORTS NHL 20 competition; Team signs NHL esports pro John “JohnWayne” Casagranda

 Monumental Sports & Entertainment has announced Caps Gaming – a new esports-focused sub-brand that aims to help foster the growth of the NHL competitive gaming community and create visibility for hockey’s esports scene. Caps Gaming will host the Caps Gaming Showcase – a 32-team, 6v6 EA Sports NHL competition on Xbox One. The team has also announced it signed top NHL esports pro John “JohnWayne” Casagranda to join the organization as an official streamer.

“Esports is a key initiative for us at Monumental and we are thrilled to add Caps Gaming to the family as we continue to tap into a new generation of fans,” Zach Leonsis, Senior Vice President of Strategic Initiatives at Monumental Sports & Entertainment, said. “We are excited to welcome John to The District and look forward to hosting the premier NHL competition with the Caps Gaming Showcase in early December.”

A 6v6 EA SPORTS NHL 20 competition on Xbox One, the Caps Gaming Showcase will be a 32-team contest featuring an eight-week regular season beginning in early December. At the conclusion of the regular season, the top 16 teams will move on to a single-elimination tournament. After two rounds of online bracket play, the top four teams will be flown to Washington, DC for live, in-person semifinals and finals in late February where they’ll compete for a $15,000 prize pool. Signups for the Caps Gaming Showcase will begin later this month.

“JohnWayne” is the first NHL esports pro to be officially signed by an NHL organization. He will stream regularly on the Caps Gaming Twitch channel beginning in mid-November through the end of June.

“We believe that we’re signing the top NHL 20 player in the world and the perfect representative to help spearhead the professionalization of NHL esports for the community,” Andrew McNeill, Director of Esports at Monumental Sports & Entertainment, said. “JohnWayne has been one of the top performers at the first two NHL Gaming World Championships and is poised to compete for the title again in 2020. We couldn’t be happier to have him representing Caps Gaming in a new era for NHL esports.”

Leidos will return as the Presenting Partner of Caps Gaming. They will be the presenter of the Caps Gaming Showcase and will have logo integration on all streams on the Caps Gaming Twitch channel.

Follow Caps Gaming on Twitter at @CapsGaming and Instagram at @CapsGaming.

Industry News

Marathonbet Becomes Training Kit Partner of Manchester City

Niji Narayan

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Marathonbet Becomes Training Kit Partner of Manchester City
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Marathonbet has become the first training kit partner of the Manchester City Football Club. The new partnership builds on eighteen months of Marathonbet as the Club’s Official Global Betting Partner. Marathonbet branding will be added to the training kits of City’s men’s and women’s senior teams.

The partnership was launched at the City Football Academy as City players Sergio Aguero, Bernardo Silva, Gemma Bonner and Megan Campbell joined Pep Guardiola to unveil the new kit branding.

“Launching our first training kit partner is a significant moment for Manchester City and we are delighted to be doing this with our existing partner, Marathonbet. The last eighteen months of partnership have been extremely positive for both organisations and we are pleased to recognise this success by expanding our relationship together,” Omar Berrada, COO of Manchester City said.

“It’s been a privilege to be alongside Manchester City as their Official Betting Partner during one of the most exciting chapters in the club’s recent history. We have been offering fans around the world the chance to benefit from our unique giveaways, competitions and once-in-a-lifetime opportunities, and we are delighted to be strengthening our partnership today as Marathonbet also becomes the club’s first ever Official Training Kit Partner,” Natalia Zavodnik, CEO of Marathonbet said.

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Industry News

France’s Francaise des Jeux Casts an Eye on UK Lottery

Niji Narayan

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France’s Francaise des Jeux Casts an Eye on UK Lottery
Photo Source: tellerreport.com
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Francaise des Jeux (FDJ), the operator of France’s national lottery games, is going to participate in the auction for the UK National Lottery license. FDJ has already cast an eye over the UK’s National Lottery.

As per the reports, FDJ has held talks with Rothschild, the investment bank responsible for seeking a successor to Camelot, the lottery operator.

The privatisation of FDJ was the biggest stock market flotation for years and it is no coincidence that French president Emmanuel Macron was a senior executive with Rothschild before entering politics. He is selling off a number of state-owned companies to raise money. The FDJ float gave him €1.8bn. The French Government is retaining a 50% stake in the company.

The UK’s Gambling Commission is using Rothschild to run the National Lottery license auction. When the formalities are concluded early next year, the new licensee will run the lottery on a monopoly basis for up to 10 years.

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Mohegan Gaming Reports Q4 Fiscal 2019 Results

Niji Narayan

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Mohegan Gaming Reports Q4 Fiscal 2019 Results
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Mohegan Gaming & Entertainment (MGE) has released the operating results for its fourth fiscal quarter ended September 30, 2019. During the three-month period, net revenues totalled US$414 m, a 19.2% rise from US$347.2 m in 2018.

Mohegan’s income from operations in Q4 was US$15.7 m, a 77.4% decline from the US$69.6 m that it had posted in 2018. This was primarily driven by an impairment charge at Mohegan Sun Pocono.

AEBITDA of US$89.4 m was a 5.4% decrease from the US$94.5 m in the prior year. Consolidated net revenues were up 19.2%, driven by the positive contribution of the Niagara resorts and continued outperformance from non-gaming revenue growth.

“MGE had a remarkable fiscal fourth quarter given the inclusion of two new competitors in our primary northeast market in the last 15 months, and we are off to a good start thus far in the first quarter of fiscal 2020 as well,” Mario Kontomerkos, President and CEO of Mohegan said.

“These strong results can be attributed to a commendable management effort by our property leadership as well as our first full quarter of operations from our Niagara resorts. Outside of North America, project Inspire in South Korea continues under construction and remains on track for a 2022 opening. In connection with Inspire, we are pleased to announce our partnership with Hanwha Corporation, one of the country’s largest conglomerates, who will serve as our primary general contractor and will also provide the project with important local operational expertise and credit enhancement. These domestic and international efforts, which also include the September announcement of our venture with Virgin Hotels in Las Vegas, have placed MGE on solid ground for success for generations to come,” Mario Kontomerkos added.

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