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Gambling in the USA

The Stars Group & Resorts Casino Hotel Partner to Enter New Jersey’s Online Sports Betting Market

Zoltan Tundik

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The Stars Group 2019 Investor Day Webcast Details
Reading Time: 4 minutes

ATLANTIC CITY, New JerseyAugust 2, 2018 

The Stars Group and Resorts Casino Hotel today announced the extension of their existing partnership in the New Jersey regulated online gaming market to include online and mobile sports wagering through the BetStars brand alongside the already existing online poker and casino offering available through the PokerStarsNJ brand. The Stars Group will bring its online and mobile-led betting expertise and experience as one of the world’s largest and most licensed online betting and gaming companies to the burgeoning U.S. online sports betting market, while leveraging the company’s well recognized brands, customer trust and loyalty, and established position in New Jersey’s online gaming market.

The Stars Group intends to utilize its existing and approved proprietary technology and player account management platform for its betting offering, providing customers in the state with a single account, common wallet, various online and mobile depositing and withdrawal options, and a seamless offering of betting options along with the company’s popular poker and casino products. The Stars Group intends to draw upon its technology development, management, marketing, and sports book trading expertise to provide New Jersey customers with an innovative, compelling, and robust mobile-led sportsbook. The company anticipates providing over time, subject to required regulatory approvals, a wide range of betting products including in-play wagering, bespoke accumulators, and live streaming, as well as an ecosystem of free-to-play products and promotions and sports content, for dozens of sports, including professional and NCAA football, basketball, and baseball as well as horse racing, hockey, soccer, tennis and other sporting markets.

“We believe The Stars Group is uniquely qualified with the experience and insight needed to make sports betting a success in New Jersey,” said Matt Primeaux, SVP Strategy & Operations, USA at The Stars Group. “We have successfully launched the BetStars brand in many European regulated markets and we have invested heavily to create a premier global offering. Working with our longstanding partner, Resorts, we are really excited to introduce a brand-new consumer experience by bringing New Jersey fans closer to the sports and the teams that they love.”

“We’re excited to double down on our already successful partnership with The Stars Group, which owns leading sportsbooks globally and has always been known and respected for their advanced technology, superior customer experience and cutting-edge security safeguards,” said Mark Giannantonio, President and CEO of Resorts Casino Hotel.

The Stars Group currently owns online and mobile sportsbook operations in the UK, Europe and Australia, with more than $800 million in betting revenues generated by these entities in 2017.

BetStars is the European focused online sports betting brand of The Stars Group and sits alongside the PokerStars brand, the world’s largest poker brand, and PokerStars Casino, one of the world’s largest and fastest growing online casinos. BetStars holds nearly a dozen sports betting licenses globally, offering support in 17 languages and through its online and mobile apps and platforms offers a wide range of popular and specialist betting options, promotions, exclusive new products across dozens of sports, as well as local sports news and content in major markets.

The Stars Group recently bolstered its sports betting portfolio through its acquisition of Sky Betting & Gaming, which operates the Sky Bet brand, a leading mobile-led sportsbook in the United Kingdom, the world’s largest regulated online gaming market.

The Stars Group also recently successfully completed the acquisition of CrownBet and William Hill Australia, which combined form the third largest online sports betting operator in Australia, the world’s second largest regulated online gaming market.

About The Stars Group

The Stars Group is a provider of technology-based product offerings in the global gaming and interactive entertainment industries. Its brands have millions of registered customers globally and collectively are leaders in online and mobile betting, poker, casino and other gaming-related offerings.  The Stars Group owns or licenses gaming and related consumer businesses and brands, including PokerStars, PokerStars Casino, BetStars, Full Tilt, Sky Bet, Sky VegasSky Casino, Sky Bingo, and Sky Poker, as well as live poker tour and event brands, including the PokerStars Players No Limit Hold’em Championship, European Poker Tour, PokerStars Caribbean Adventure, Latin American Poker Tour, Asia Pacific Poker Tour, PokerStars Festival and PokerStars MEGASTACK. The Stars Group is one of the world’s most licensed online gaming operators with its subsidiaries collectively holding licenses or approvals in 19 jurisdictions throughout the world, including in EuropeAustralia, and the Americas. The Stars Group’s vision is to become the world’s favorite iGaming destination and its mission is to provide its customers with winning moments.

Cautionary Note Regarding Forward Looking Statements and Other Information

This news release may contain forward-looking statements and information within the meaning of applicable securities laws. Forward-looking statements can, but may not always, be identified by the use of words such as “anticipate”, “plan”, “continue”, “estimate”, “expect”, “may”, “will”, “intend”, “could”, “might”, “would”, “should”, “believe”, and similar references to future periods or the negatives of these words and expressions. These statements are based on management’s current expectations and are subject to a number of risks, uncertainties, and assumptions. There can be no assurance that actual results will not differ materially from those expressed or implied in forward-looking statements. Undue reliance should not be placed on forward-looking statements. Please refer to The Stars Group’s most recent annual information form and annual and interim financial statements and management’s discussion and analysis for more information about the factors, assumptions and risks that may apply to The Star’s Group’s forward-looking statements. Each forward-looking statement speaks only as of the date hereof, and The Stars Group undertakes no obligation to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law.

About Resorts Casino Hotel

The resort that brought gaming to Atlantic City in 1978, Resorts Casino Hotel, a Mohegan Gaming & Entertainment Property, is at the top of its game today, offering world-class casino action in a relaxed environment that keeps the focus on fun. Resorts Casino Hotel made history as the first American casino outside of Nevada and recently celebrated a major milestone – their 40th anniversary. Winner of 20 Casino Player Magazine 2017 “Best of Gaming Awards,” Resorts Casino Hotel has undergone $100 million in renovations, including the all new state-of-the-art Resorts Conference Center, a large $25 million room renovation project and the $35 million Jimmy Buffett’s Margaritaville themed entertainment complex with the only beach bar, Landshark Bar & Grill, on the Atlantic City sand, open year-round.

Mohegan Gaming & Entertainment assumed management of Resorts Casino Hotel in 2012, a move that has set the stage for its return as the most exciting gaming destination in Atlantic City. Boasting a prime location spanning 11 acres at the northern end of the famed Atlantic City Boardwalk, the resort features 942 guest rooms and suites in two hotel towers, an 80,000-square-foot casino, two theaters, 10 restaurants, a food court featuring five eateries, two VIP slot and table player lounges, a casino bar, indoor-outdoor swimming pool, health club and spa, salon, and retail shops. Its 64,000 square feet of technologically advanced meeting space includes 24 meeting and function rooms, most featuring natural light and ocean views, and a 13,000-square-foot ballroom.

For media inquiries, please contact:

Eric Hollreiser[email protected]

For investor relations, please contact:

Tim Foran: Tel: +1 437-371-5730, [email protected]

 

SOURCE The Stars Group

Gambling in the USA

Gaming Americas Weekly Roundup – May 25-31

Niji Narayan

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Reading Time: 3 minutes

Welcome to our weekly roundup of American gambling news.

Last week, several gambling companies have re-entered into their businesses despite the ongoing pandemic. Here, we are going through the weekly highlights of the American gambling industry which includes casino reopening, new partnerships, product launches, award winnings, latest approvals, and recent announcements. Read on and get updated.

Casino Reopening

Most of the casinos have resumed their operations this week. Some are on the preparations to restart their business.

Rodney Butler, Chairman of the Mashantucket Pequot Tribal Nation, said that the plans to partially reopen Foxwoods Resort Casino on June 1 are still moving ahead despite opposition from Connecticut Gov. Ned Lamont.

Rodney Butler told in an interview that Lamont is welcome to tour Foxwoods and see firsthand the safety precautions being taken to prevent the spread of the coronavirus, ranging from fewer open slot machines to air filtration systems.

New Deals

AGS announced a new partnership with the Kindred Group to provide its online, real-money games for the Kindred Group’s Unibet brand in New Jersey.

The Vancouver Titans esports team entered into a new partnership agreement with Pizza Hut Canada and designated Pizza Hut as the Official Pizza of the team and their fans.

Microgaming signed an exclusive distribution agreement with game design and development studio, Neko Games. The studio’s Super Showball video bingo game is live on Microgaming’s content aggregation platform from 26 May 2020.

Churchill Downs Incorporated (CDI) and Aristocrat Leisure entered into an agreement in principle to settle the Kater v. Churchill Downs, and Thimmegowda v. Big Fish Games lawsuits.

New Launchings

The igaming publishing company Oddschecker Global Media announced the launch of RacingPicks, a standalone horse racing site. The site’s purpose is to provide day-to-day expert content to the American racing community.

TransAct Technologies Incorporated launched its new Epicentral Clean2Play Sanitization Tracking System for casinos. This new casino product provides real-time printed proof that a slot machine has been cleaned, sanitized, and is ready for play.

The D.C. Lottery is set to launch its sports betting platform in the coming days. The online sportsbook GambetDC will take its first wagers in June, even though a large number of global sports events remain canceled due to COVID-19.

Awards

Michigan State Rep. Brandt Iden received an honorary American Gambling Award for his extraordinary efforts in legalizing sports betting, online poker, and online casino gaming throughout the state in 2019.

Latest Approvals

Illinois lawmakers have approved an approximately $40 billion state budget that largely maintains spending, along with a plan to push forward a Chicago casino.

The budget, which largely relies on federal funding, mostly maintains funding from the current budget, which the exception of health care agencies affected by the COVID-19 outbreak.

Legislators also approved a plan pushed by Chicago Mayor Lori Lightfoot to change the tax structure for a casino in the city. The Chicago casino was included in last year’s gambling expansion authorizing six new casinos, part of a critical funding source for the state’s $45 billion capital plan.

Financial Help

Ontario Lottery and Gaming (OLG) is going to receive a $500m loan from the Provincial Government.

With Ontario’s state of emergency shuttering casinos, slot machines, and racetracks for the past two months, the gaming monopoly was in dire need of a cash injection.

Announcements

Brazilian Deputy Bacelar has affirmed that the legalization of all gambling verticals could play a key role in economic stability in the country.

He stated that following the current health pandemic, he is in favor of legalizing all gambling verticals, including jogo do bicho, on the grounds that gambling could save Brazil from its current financial crisis and rejuvenate the economy.

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Gambling in the USA

GAN Signs Platform Deal with Cordish Companies

Niji Narayan

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GAN Signs Platform Deal with Cordish Companies
Reading Time: 2 minutes

 

Cordish Gaming Group, the global gaming division of the Cordish Companies, has selected GAN Limited as the enterprise software Platform provider to power its new “PlayLive!” branded Internet gambling business in the State of Pennsylvania, complementing the development of two new Live!-branded gaming facilities in Philadelphia and Pittsburgh.

The new Live! Casino & Hotel, located in the Stadium Entertainment District in the City of Philadelphia, will be a world-class hotel, gaming & entertainment destination featuring 2200 slot machines and 150+ live action table games.

The second new Live! Casino, located in Westmoreland County, near Pittsburgh, will feature more than 100,000 square-feet of gaming, dining and entertainment space, including 750 slots and approximately 30 live action table games. Both locations are expected to open in 2020.

Live! Casino will be GAN’s third client of real money Internet gambling enterprise software in the State of Pennsylvania, expanding GAN’s real money Internet gambling operations in the U.S. These operations now include the following states—New Jersey, Pennsylvania, Indiana, as well as Michigan and Ohio, both of which are expected to commence operations in the first half of 2021.

“We’re delighted to expand upon our long-standing relationship with one of America’s premier commercial real estate families. Bringing Pennsylvania’s newest casino online later this year will be a genuine privilege, and we look forward to supporting their on-property gaming business by leveraging our U.S. patented iBridge Framework, bridging the Internet gambling experience with that of retail gaming. Online will remain the growth driver of this Industry for decades to come, not just in Pennsylvania but across the nation,” Dermot Smurfit, CEO of GAN Limited, said.

“With our established relationship, GAN was the logical provider of our enterprise platform for launching real money Internet gambling and offers Cordish the ability to extend on-property rewards into the online channel, which has been shown to increase loyalty amongst players of Simulated Gaming,” Robert J. Norton, President of Cordish Gaming Group, said.

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Gambling in the USA

Scientific Games unveils suite of innovative solutions to help operators reimagine today’s casino floor

George Miller

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Scientific Games unveils suite of innovative solutions to help operators reimagine today's casino floor
Reading Time: 2 minutes

 

Scientific Games Corporation is unveiling a suite of contactless gaming solutions that will aid casino operators in their quest to keep their players and team members safe while maintaining a fun atmosphere.

Swiftly responding to the need to develop solutions that support enhanced sanitation protocols and assist with social distancing measures in a post COVID-19 world, Scientific Games developed advanced technology solutions to help casino operators reimagine play for their guests.

“Scientific Games has always been committed to innovation, but it is now more critical than ever to develop solutions that help our partners address and adapt to the new normal,” said Matt Wilson, Executive Vice President and Gaming Group Chief Executive. “Our suite of contactless gaming solutions enables our partners to deliver a new, yet fun and engaging gaming experience for their players all while keeping them safe. This advanced technology sets a new standard for the industry and is available for our partners now.”

Scientific Games’ suite of contactless solutions includes the Unified Wallet cashless gaming experience, a Social Distancing Module and Automated Game Sanitization.

Unified Wallet

Scientific Games’ Unified Wallet is powering a cashless gaming experience by giving players the power to instantly access funds to play their favorite slots and tables through an app on their personal mobile device. Taking a mobile-first approach, cashless solutions are not only convenient for guests but are also cost effective for casino operators. Unified Wallet eliminates lines at ATMs to withdraw cash or at a kiosk or casino cage to redeem tickets as well as reduces costs on machine maintenance including bill validators, ticket printers and ticket redemption kiosks.

Social Distancing Module

The Social Distancing Module provides three distinct features for operators: Dynamic Distancing, EGM Scheduler and Resort and Game Reserve. These features provide further opportunities for casino operators to adhere to the necessary safety measures now required by public health and gaming officials.

  • Dynamic Distancing facilitates social distancing amongst slot players, disabling all games within close proximity once a player cards in.
  • EGM Scheduler allows operators to quickly upload a list of games that should remain enabled on the casino floor and even allows them to do so remotely through the use of a Control EGM feature.
  • Resort Reserve and Game Reserve allow players to reserve their favorite game during their visit allowing them to customize their experience to their preferences all while staying safe.

Automated Game Sanitization

Keeping casino team members and guests in mind, the Automated Game Sanitization solution eliminates the manual task of searching for games that need to be sanitized on the casino floor by quickly identifying games that require sanitization after active play. Operators can also schedule sanitization at regular intervals for continued sanitization as well as anonymous play.

 

For additional information on Scientific Games’ suite of contactless solutions, visit scientificgames.com.

© 2020 Scientific Games Corporation. All rights reserved.

 

About Scientific Games:

Scientific Games Corporation (NASDAQ: SGMS) is a world leader in entertainment offering dynamic games, systems and services for casino, lottery, social gaming, online gaming and sports betting. Scientific Games offers the gaming industry’s broadest and most integrated portfolio of game content, advanced systems, cutting-edge platforms and professional services. Committed to responsible gaming, Scientific Games delivers what customers and players value most: trusted security, engaging entertainment content, operating efficiencies and innovative technology. For more information, please visit scientificgames.com.

 

SOURCE Scientific Games Corporation

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