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Gambling in the USA

GiG embraces the repeal of the US sports betting ban

George Miller

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GiG embraces the repeal of the US sports betting ban
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Malta, 16th May 2018 – For the past 26 years the Professional and Amateur Sports Protection Act (PASPA) has widely prohibited sports betting in the US. In repealing PASPA, (announced yesterday) the US Supreme Court has opened up a vast business opportunity for companies focused on growing in regulated markets.

GiG embraces the repeal of the federal sports betting ban. The repeal enables all states to decide on their respective regulation of sports betting. The market expects some states to move quickly with several being ready to open up to sports betting this year.

This decision further supports GIG’s focus on growth in regulated markets, integrity in sports and responsible gaming. The repeal is perfectly timed with the advanced preparations made with GiG´s partner Hard Rock International, the application for the New Jersey license and the launch of the Company’s new proprietary and cutting edge sports betting services this month.

GiG CEO, Robin Reed We are confident we will have a fair and fun product to thrill and engage the US consumer’

GiG has been planning for this change and is well underway in its preparations to capitalise on the Company´s unique position. This market opportunity will be top priority for GiG. The Company will continue to invest and add resource to further develop and position its B2B product for what will be a highly competitive US market.

We are very excited about this news and the long term potential it creates for GiG. We have been positioning the Company for a regulated US market and have a full eco-system of unique products and services to support the iGaming industry, including a cutting edge sports betting service. We are confident we will have a fair and fun product to thrill and engage the US consumer and will be very well placed for future opportunities in this massive market. We have already proven our ability in signing a big brand in this region and there are several interesting RFP´s in the US in which we are actively interested”, says Robin Reed, CEO of Gaming Innovation Group Inc.

 

About GiG:

Gaming Innovation Group Inc. is a technology company providing products and services throughout the entire value chain in the iGaming industry. Founded in 2012, Gaming Innovation Group’s vision is ‘To open up iGaming and make it fair and fun for all’. Through our eco-system of products and services, we are connecting operators, suppliers and users, to create the best iGaming experiences in the world. Gaming Innovation Group operates out of state of the art offices in St George’s Bay, Malta and is listed on the Oslo Stock Exchange under the ticker symbol GIG.

Gambling in the USA

Win Systems Appoints Chad Dickie as EVP & GM USA

Niji Narayan

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Win Systems Appoints Chad Dickie as EVP & GM USA
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Win Systems has appointed Chad Dickie as Executive Vice President and General Manager, USA. He will be responsible for boosting and accelerating the company’s strength and growth in the US market. Chad has more than 25 years of experience in the gaming and entertainment sector.

Win Systems has had presence in the US for years. However, this year, there has been significant growth in the market with the installation of its renowned CMS Wigos and its premium Gold Club electronic roulettes in prominent casino groups.

“It is a great pleasure for me to join the Win Systems Group. The strong growth that the company has had worldwide and particularly in the USA is a challenge for me and encourages me to contribute to achieving the ambitious goals that the company has in the region,” Chad Dickie said.

“Being able to have top-notch professionals with extensive experience in the sector, as is undoubtedly the case of Chad, will help us achieve our development and growth plans in the country as well as allowing us to maintain the highest demand in terms of standards of the services offered to our customers. The passion and ability to recruit people like Chad bring great value to the company,” Eric Benchimol, CEO of Win Systems said.

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Gambling in the USA

Intralot Appoints New Chief Financial Officer At Its USA Subsidiary

George Miller

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Intralot Appoints New Chief Financial Officer At Its USA Subsidiary
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The INTRALOT Group announces the appointment of Mr. Lampros Klironomos (to date Chief Internal Audit Officer) as Chief Financial Officer of its 100% subsidiary INTRALOT Inc. in the USA. The Board of Directors of INTRALOT during its meeting that held on December 3rd, 2019, following a recommendation by the Audit and Compliance Committee, elected Mrs. Alexandra Moulavasilis for the position of Director (Head) of Internal Audit.

The appointment of Mr. Klironomos at INTRALOT Inc. is part of the overall policy and actions to enhance the subsidiary’s Management Team that plays a pivotal role in achieving our strategic objectives and improving the Group’s financial performance. Mr. Klironomos will undertake his responsibilities in the USA upon the completion of the procedures required by law.

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Gambling in the USA

DraftKings Joins NCPG as Platinum Member

Niji Narayan

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DraftKings Joins NCPG as Platinum Member
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DraftKings has joined the National Council on Problem Gambling (NCPG) as a Platinum member, to further the development and implementation of responsible gambling practices.

“I am thrilled that DraftKings, a leader in online gaming and sports betting, has joined NCPG. This marks a new era in our work to raise awareness about problem gambling and provide resources for responsible gambling. We are excited to work with DraftKings to utilize technology and data to increase our mutual understanding of player behavior and reduce the risks for gambling problems,” Keith Whyte, Executive Director of NCPG said.

DraftKings’ NCPG Membership supports the wide-ranging problem gambling prevention, treatment, education, and research programmes, as well as innovative responsible gambling policies.

“From the moment someone registers a DraftKings account, our top priority is ensuring every user has an engaging, fun and, most importantly, a safe experience. We are proud to partner with a leading responsible gaming organization like the NCPG to ensure our internal efforts are informed by independent experts. DraftKings is committed to being a leader in responsible gaming efforts as we continue to expand our product into new states and more Americans have access to legal, mobile sports betting, and iGaming,” Tim Dent, Chief Compliance Officer of DraftKings said.

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