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Digitain prepares to shine at SAGSE

George Miller

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Digitain prepares to shine at SAGSE
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Platform provider stakes claim for market leadership with bespoke LatAm portfolio

Digitain, the leading sportsbook and casino platform provider, is set to highlight its market-leading credentials at this month’s SAGSE conference in Buenos Aires (Argentina) from 20th – 22nd November.

Well on its way to becoming the most important event in the South American iGaming calendar, SAGSE is a critical opportunity for companies looking to do business on the continent.

With Digitain set to take centre stage at Stand 209 at Buenos Aires’ Costa Salguero Centre, the team will be spearheaded by Business Development Managers Araksi Sargsyan and Gevorg Rushanyan, both seasoned LatAm experts who have proven instrumental in tailoring the provider’s bespoke LatAm portfolio.

Fresh from recent wins for excellence at the CEEGC, EGR and RGW Awards 2019, its highly modular platform enables it to provide flexible functionality and features to meet the unique challenges of the LatAm market, including bespoke payment provisions, creative engagement tools and an immersive range of home-grown games.

In total, Digitain’s sportsbook product covers 65 sports, covers 7,500 leagues, and offers more than 3,000 betting markets. It also offers odds on 35,000 live events each month, while its casino solution has 3,000-plus games from major casino suppliers (such as Novomatic, Microgaming, NetEnt and Playson).

Commenting on their plans for SAGSE, Digitain’s Business Development Manager Araksi Sargsyan said: “SAGSE is a key fixture in the iGaming calendar, and we can’t wait to showcase our full range of products and services designed for operators to get the very best out of the region.

“Because our platform is so modular, it’s allowed us to tackle diverse emerging markets like LatAm with tailored solutions that give our partners total peace of mind. From differing needs in payment provisions to our flexible functionality and features – we’re here to deliver.”

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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Gambling in the USA

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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