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Gambling in the USA

Betinvest sets its sights on US expansion at G2E

George Miller

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Betinvest sets its sights on US expansion at G2E
Valentyn Kyrylenko, VP of Business Development at Betinvest
Reading Time: 2 minutes

 

Following its continued focus on enhancing representation in North America, Betinvest has confirmed it will be using its presence at this year’s G2E Las Vegas exhibition to drive it’s established sports betting positioning across the United States building towards their ultimate goal of a full-service office in the country.

Described by Valentyn Kyrylenko, VP of Business Development at Betinvest, as a “dedicated strategy to develop our internationally renowned technologies, solutions and services within the US”, Betinvest is set to make a strong impact in Las Vegas with a number of special commercial offers and promotions tailored specifically to the new sports betting landscape. Kyrylenko explained: “North America is a hugely significant region for Betinvest in terms of our current growth across the world and G2E is set to play a big part. We already have active representation in the US in the locations where sports betting is currently legal but we want to use our expertise and established credentials to help drive the sector forward following the Supreme Court’s decision earlier this year.”

Betinvest, which has over 19 years experience providing advanced digital solutions for the sports betting industry, has confirmed it will deliver unique discounts, cost-free connections and a pricing structure optimized to new clients when it exhibits in Las Vegas this October. “We want to increase our visibility with North American partners,” he continued. “In order to do this and highlight our commitment to the region, we’re coming to G2E loaded with special commercial offers and promotional conditions for cooperation as part of a dedicated strategy to develop our internationally renowned technologies, solutions and services within the US.

Betinvest’s aim is to grow our company’s network and enhance our ability to push technological trends in the region alongside opening a full-service office, which we hope to be able to give you more detailed information on following the event.”
Sports Betting is not the only focus for Betinvest in the US territory as Kyrylenko also hinted that the company will promote its Artificial Intelligence solutions as part of its global development from trade shows over the coming months. He said: “Betinvest is betting on machine learning and AI as the next major step for the iGaming industry. As a company we have already implemented some elements of machine learning to our CRM and although this only represents our first steps into the technology we are making a substantial commitment to the technology and hoping to develop at a rate which suits our tech and our clients. The Betinvest team will be on hand at our upcoming shows to discuss the potential of AI and how self learning algorithms and new data trends will revolutionize the iGaming sector and could transform their businesses in the near future.”

He concluded: “In addition to North America, Betinvest will also be focusing on promoting our Sports Betting expertise and iGaming solutions to the Asian and African markets. Exhibiting at large-scale events in these regions, such as G2E, ICE Africa, SiGMA and ICE London, allow us direct access to provide visitors with new opportunities and continue the development of these expanding sectors internationally. We look forward to meeting our current business partners across the globe as well as new clients in these exciting territories at these events leading into 2019.”

Betinvest will be exhibiting at Booth 4618 at G2E Las Vegas. For more information on how Betinvest can help you discover hidden values in your customers at upcoming events, contact Valentyn Kyrylenko, [email protected], +38 067 444 76 31.

Gambling in the USA

Grover Gaming Announces New Expansion

George Miller

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Grover Gaming Announces New Expansion
Reading Time: 2 minutes

 

Lottery and Charitable Gaming software firm to double over the next year.

Grover Gaming, Inc. announced that it is commencing a large expansion of its staff over the next year.

“Lotteries and Charitable Gaming markets in this country are experiencing a digital revolution, and Grover Gaming is uniquely poised to capitalize on this opportunity,” said Garrett Blackwelder, President of Grover Gaming. “To do that, we will be more than doubling the size of our game studios over the next year. We have to further expand our staff and capabilities in our software engineering, 3-D game studios, and customer support divisions, as well as increase our ability to service future markets.”

Alan Mizelle, CFO of Grover Gaming, states that Grover currently has over 150 employees and expects to add at least another 100 to that total over the next year to 18 months. “Due to our relentless focus on the player, customer support, and product innovation, we have been tremendously successful over the past year, and the coming year will be even better.”

Grover Gaming is considering several possibilities for the necessary expansion of their facilities. “We are already seeking additional professionals in our core areas,” said Blackwelder, “So, in order to accommodate the new employees, we are evaluating our options in the brick-and-mortar part of the equation.”

“The new staff will be mostly in the areas of product development, art, engineering, and game development,” said Gerren Brown, Director of Human Resources for Grover Gaming.  According to Brown, Grover Gaming will also be expanding its offices in the Northeast and Midwest United States.

Grover Gaming develops software, game content and gaming systems for lotteries and charitable gaming jurisdictions and is licensed in OhioNew Hampshire, The Commonwealth of KentuckyNorth DakotaSouth DakotaMontanaWashingtonOntario Canada, and The Commonwealth of Virginia. Inc. magazine recognized Grover Gaming this year as one of the fastest-growing companies in America.

 

Source: Grover Gaming

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Gambling in the USA

Indiana Sports Betting Revenue Surges in October 2019

Niji Narayan

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Indiana Sports Betting Revenue Surges in October 2019
Photo Source: indystar.com
Reading Time: < 1 minute

 

Indiana Gaming Commission has reported that the second month of legal sports betting in the state saw nearly three times as much money wagered than in its opening month. Gamblers wagered a total of $91.7 million on sports in Indiana during October, compared to $34.5 million in September.

Mobile betting totalled $48 million for the month. Sports bets placed at casino windows or kiosks totalled $43.7 million. The state collected about $1 million in sports gambling taxes last month, up from about $800,000 during the first month of legal sports wagering in September. Football accounted for the most betting on an individual sport, at more than $41 million. Baseball accounted for nearly $10.5 million in bets.

More than half of the Indiana sports bets placed in October went through Ameristar in East Chicago, which was one of the first to launch mobile sports wagering through its partnership with DraftKings. Of the casino’s $46.2 million in total wagers, $39.4 million came via mobile devices.

Jeff Morris, a spokesman for Ameristar owner Penn National Gaming, said he couldn’t discuss specifics about the performance of the casino’s new sportsbook, “But we have been pleased thus far.”

Noah Hirsch, vice president and assistant general manager at the Hammond Horseshoe Casino, said the casino is working with its parent company, Caesars Entertainment, on getting a mobile wagering app to customers.

“Our guests are eagerly awaiting that and we’re definitely encouraged by the numbers that mobile is putting up in Indiana. We’ll definitely want to have a piece of that as well,” Hirsch said.

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Gambling in the USA

Stockholders of Eldorado Resorts and Caesars Entertainment Vote to Approve Eldorado’s Acquisition of Caesars

George Miller

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Stockholders of Eldorado Resorts and Caesars Entertainment Vote to Approve Eldorado’s Acquisition of Caesars
Reading Time: < 1 minute

 

Eldorado Resorts, Inc. and Caesars Entertainment Corporation announced that, at separate Special Meetings of Stockholders, their respective stockholders approved certain actions in connection with Eldorado’s acquisition of Caesars. The transaction is expected to be consummated in the first half of 2020 and remains subject to the receipt of all required regulatory approvals, and other closing conditions.

Holders of over 99% of the Eldorado shares that voted on the issuance of shares of Eldorado common stock in connection with transactions contemplated by the merger agreement with Caesars cast their votes in favor, representing approximately 87% of Eldorado’s outstanding common stock as of the record date for the Eldorado stockholder meeting. Holders of over 99% of the Caesars shares that voted on the merger cast their votes in favor, representing approximately 76% of Caesars’ common stock outstanding and entitled to vote as of the record date for the Caesars stockholder meeting. Eldorado and Caesars stockholders also approved each of the other matters on their respective meeting agendas, including the Eldorado stockholders’ approval of the reincorporation of Eldorado from Nevada to Delaware subject to and promptly following the consummation of the merger.

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