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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 HollreiserPress@starsgroup.com

For investor relations, please contact:

Tim Foran: Tel: +1 437-371-5730, ir@starsgroup.com

 

SOURCE The Stars Group

After starting out as an affiliate in 2009 and developing some recognized review portals, I have moved deeper into journalism and media. My experience has lead me to move into the B2B sector and write about compliance updates and report around the happenings of the online and land based gaming sector.

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Gambling in the USA

Regulated Online Gambling Market Attracts the Attention of Big Players

Niji Narayan

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Photo source: thefiscaltimes.com
Reading Time: 1 minute

The regulated online gambling market in the U.S. has attracted the attention of many big players, both within and outside the gambling industry. This includes a disproportionate amount of offshore companies, due to the fraught history of online gambling in the states.

Since the advent of the Internet, the federal government and the Justice Department have taken a hostile stance towards online gambling. With the exception of sports betting in recent years, online casino gambling still remains very much within the crosshairs of the government.

Over the years, this has led to the stagnation of the online gambling market in the U.S., with the notable exception of Las Vegas. When you discount the casinos in Atlantic City and Las Vegas, very few homegrown companies are active in the online gambling scene, especially on the tech side of the equation.

In the global market, Europe has stolen a march on everyone else with their more liberal take on regulated online gambling. This has led to the rise of a diverse field of companies looking to enter the newly opened online betting markets in the United States in 2018–19.

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Gambling in the USA

Foxwoods Resort Casino Installs Third Interblock Stadium

Zoltan Tundik

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Photo by trashhand from Pexels
Reading Time: 2 minutes

 

Luxury gaming manufacturer and electronic table game (ETG) market leader Interblock® announced an expansion of their footprint at Foxwoods Resort Casino, North America’s largest resort casino. The most recent addition to the casino is a Diamond dealer assist stadium to the Rainmaker Casino. The expansion takes the product portfolio of Interblock to 85 seats at the property.

John Connelly, CEO of Interblock commented “The executive management team at Foxwoods Resort Casino has always strived to be first when it comes to innovation. The introduction of a third stadium within the same casino is an indication of the financial benefits Foxwoods has realized.

A combination of new players, operational savings, and the ability to increase both handle and hold percentages has proven to bring the incremental EBITDA Foxwoods was looking for. This could have only been achieved with the support of the casino.”

Foxwoods Resort Casino was one of the first properties in North America to install the company’s award-winning Pulse Arena in 2016, which was branded as PLAY Arena. PLAY Arena is a technological experience that delivers a hybrid of entertainment, gambling, and social interaction. An immersive video wall displays games in play, statistics, and game history. New Interblock technology provides players with the ability to play up to four games simultaneously from a single play station within the stadium including live Multi-hand Blackjack, Roulette, Baccarat and video Craps and Sic Bo.

Performance results from PLAY Arena have encouraged property management to add additional Interblock Stadiums to their casino floor. In addition to PLAY Arena in the Great Cedar Casino, the property will now feature Diamond dealer assist stadiums in both their Rainmaker Casino and Fox Tower Casino. The stadiums consist of 30 and 24 seats respectively and feature live Multi-hand Blackjack, Dual-shoe Baccarat and Roulette. Interblock stadium solutions allow operators to easily transform a dealer assisted stadium into a fully automated stadium, ensuring that the section of the casino floor is always active and able to generate constant revenue even when live dealers are not present. The live dealer tables are equipped with an easy to use dealer console and a camera that allows players to view the live gameplay from their play station screen in addition to the large LCD displays above. Play stations are also equipped with brilliant high-definition graphics offering side bets, trends, game rules and a strategy card for Blackjack.

Wayne Theiss, Vice President Table Games at Foxwoods Resort Casino said “We are very excited about our continued partnership with Interblock. Our recently expanded footprint is a testament to the tremendously successful performance of their units on our floor.”

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Gambling in the USA

Scientific Games, Big Time Gaming and Golden Nugget Bring Online Content to New Jersey

Zoltan Tundik

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Photo by bruce mars from Pexels
Reading Time: 4 minutes

 

Scientific Games Corporation (NASDAQ: SGMS) (“Scientific Games”) ramped up its online presence in New Jersey through a new launch that sees Big Time Gaming (“BTG”) content available via its Open Gaming System (“OGS”) with Golden Nugget Online Casino (“Golden Nugget”).

BTG is one of Scientific Games’ top-performing network partners in the UK and European markets; this partnership brings their content to the growing U.S. space backed by the renowned OGS platform, beginning with Golden Nugget. The launch reimagines play by giving Golden Nugget an entire library of BTG and Scientific Games content, including games that use the massively popular Megaways™ mechanic like the blockbuster slot Bonanza, available at launch next week.

Nik Robinson, BTG CEO, said: “Our content and Scientific Games’ platform make for a perfect New Jersey offering. The U.S. digital gaming market is gaining traction, and we’re excited to provide Golden Nugget’s players with our growing library of innovative titles.”

Expanding on its strong partnership in Europe with BTG, this launch underpins the reliability and impact of the OGS platform, which brings thousands of games to operators with a single, easy integration. Golden Nugget now has access to a revolutionary portfolio of game content that brings together two of the industry’s creative forces.

Dylan Slaney, SVP Casino and Platforms for SG Digital, said: “Our CONNECT partner program gives developers and innovators the opportunity to offer their content to more players than ever before via one seamless integration, and this launch is a perfect example. By leveraging BTG’s innovative prowess, our strong game brands (both licensed and proprietary), and Golden Nugget’s loyal audience, we’ve created a truly unprecedented gaming ecosystem for New Jersey players.”

“Golden Nugget Casino leads the New Jersey market with the largest portfolio of slot games,” said  Thomas Winter, Senior Vice President and General Manager, Golden Nugget Online Casino. “Working with Scientific Games and Big Time Gaming to bring these innovative Megaways™ slot games to the U.S. provides our growing player base an exclusive first look at these games that are pioneering the online slots industry.”

Megaways™ is a trademark owned by Big Time Gaming. Used with permission. All rights reserved.

© 2019 Scientific Games Corporation. All rights reserved.

About Scientific Games

Scientific Games Corporation (NASDAQ: SGMS) is a world leader in gaming entertainment offering the industry’s broadest and most integrated portfolio of game content, advanced systems, cutting-edge platforms and professional services. Scientific Games is #1 in technology-based gaming systems, digital real-money gaming and sports betting platforms, casino table games and utility products and lottery instant games, and a leading provider of games, systems and services for casino, lottery and social gaming. 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 www.scientificgames.com.

Scientific Games Contacts
Corporate Communications:

Scientific Games:  Susan Cartwright +1 702-532-7981
Vice President, Corporate Communications
susan.cartwright@scientificgames.com

 Investor Relations:
Scientific Games:  Michael Quartieri +1 702-532-7658
Executive Vice President and Chief Financial Officer

 

About Big Time Gaming:

Big Time Gaming is the thought leader in slot development, providing the world’s largest online casino operators with its revolutionary OMNI product range. Big Time Gaming continues to lead the charge with games such as Bonanza and Extra Chilli breaking records in turnover and topping the European iGaming charts. With its first branded release Who Wants to be a Millionaire, Big Time Gaming has a growing portfolio of innovative slots and games available through Scientific Games, Microgaming and now Relax.

www.bigtimegaming.com

 

 

About Golden Nugget Atlantic City

The Golden Nugget Atlantic City, located on Frank S. Farley Marina is a premier resort destination, offering guests more than 740 rooms and suites. The entire property went through a $150 million complete renovation 5 years ago and has taken on a fresh, modern look to include a high-energy casino featuring the most popular slot and video poker machines, table games, and poker room; nightly entertainment, new bars and lounges, Haven Nightclub, stylish retail offerings, as well as Landry’s signature world-class restaurants such as Chart House and Vic & Anthony’s Steakhouse; a luxury spa and salon; and H20 poolside lounge. The Golden Nugget has already established strong brand recognition worldwide with locations in Las Vegas and Laughlin, NV, Biloxi, MS and Lake Charles, Louisiana.

Launched in November 2013, GoldenNuggetCasino.com offers the best user experience to New Jersey online and mobile real-money gaming players. Supported by the largest selection of games for both desktop and mobile players, a user-friendly interface and a world-class Customer Service, GoldenNuggetCasino.com was voted Operator of the Year in 2015, 2016 and 2017 at the iGaming North America Awards and Operator of the Year 2017, 2018 and 2019 at the EGR North America Awards.

 

 

 

Forward-Looking Statements

In this press release, Scientific Games makes “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as “will,” “may,” and “should.” These statements are based upon management’s current expectations, assumptions and estimates and are not guarantees of timing, future results or performance. Therefore, you should not rely on any of these forward-looking statements as predictions of future events. Actual results may differ materially from those contemplated in these statements due to a variety of risks and uncertainties and other factors, including those factors described in our filings with the SEC, including Scientific Games’ current reports on Form 8-K, quarterly reports on Form 10-Q and its latest annual report on Form 10-K filed with the SEC on February 28, 2019 (including under the headings “Forward-Looking Statements” and “Risk Factors”). Forward-looking statements speak only as of the date they are made and, except for Scientific Games’ ongoing obligations under the U.S. federal securities laws, Scientific Games undertakes no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise.

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