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Gambling in the USA

SUZOHAPP Enters Joint Marketing Effort With Digitote

George Miller

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SUZOHAPP Enters Joint Marketing Effort With Digitote
Reading Time: 2 minutes

 

SUZOHAPP announced that it has entered into a joint marketing effort with the German/IOM-based software company, Digitote, to provide a scalable, flexible hardware and software offering to the quickly emerging U.S. sports betting industry.

 

In May, the U.S. Supreme Court overturned a federal ban on sports betting, allowing states to legalize it. This legislative change opens up vast opportunities for business owners and entrepreneurs to offer sports wagering capabilities across a myriad of platforms, including online, kiosk, tablet, terminal and self-service.

For over 30 years, Digitote has been developing customized sports wagering software applications for its international customer base. For over 60 years, SUZOHAPP has been designing and manufacturing customized, reliable and well-supported hardware solutions for the global gaming market.

“Our strategic arrangement with SUZOHAPP will enable each of us to use our strengths to drive this market opportunity forward,” said Gunter Boyks, CEO of Digitote. “The solution we will offer the U.S. market is customized and flexible, allowing operators to choose from multiple options of user interface, a variety of hardware products and software applications, or a complete, managed, custom solution to meet their needs in the most cost effective, easiest to implement way.”

By leveraging Digitote’s software expertise and SUZOHAPP’s hardware expertise, customers wishing to take advantage of this emerging market will find the exact solution they need to implement sports betting capabilities within their businesses. Offerings range from software-only to hardware-only to full, turnkey solutions and will be available on all major platforms.

“Both Digitote and SUZOHAPP are known as experts in the gaming space, providing superior quality and service to the industry,” said Drew Scielzo, SUZOHAPP CEO. “By strategically leveraging the best of both our offerings, operators within this space will be able to quickly and efficiently meet, what will no doubt be, huge market demand for sports wagering in the near future.”

 

About SUZOHAPP:

SUZOHAPP is a technology company providing software and hardware for cash handling automation and self-service solutions to more than 25,000 customers throughout the world. SUZOHAPP’s technology enables automation for customers operating in a variety of end markets, including retail, transportation, gaming, banking, vending and amusement. SUZOHAPP’s solutions include cash deposit, recycling, processing and payment systems as well as a broad range of self-service component technologies. The brands of SCAN COIN, Comestero, CashComplete™ and Coinco are united under the SUZOHAPP Company. SUZOHAPP’s more than 1,100 employees operate in 19 countries and its dealer network covers more than 100 countries. More information is available at www.suzohapp.com. SUZOHAPP is owned by affiliates of ACON Investments, L.L.C., a Washington, D.C.- based international private equity investment firm that has responsibility for managing approximately $5.5 billion of capital.

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Gambling in the USA

Delaware iGaming Revenue Increases in May

Niji Narayan

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Delaware iGaming Revenue Increases in May
Photo Source: sputniknews.com
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Delaware Lottery has reported an increase in revenue from Delaware’s regulated igaming market ($313,648) for the month of May.

Delaware Park retained top spot in the state’s online gambling market in terms of revenue with $127,932 off $2.96m in wagers for the month. This was down from April revenue of $144,084 and $5.2m in bets.

Dover Downs was the most popular platform for punters in May, processing a total of $8.1m in bets, up from $5.5m in April. Revenue hit $123,044 for the month compared to $75,323 in April.

Harrington Raceway remains some way off the pace after taking $1.0m in online wagers during May, down from $1.2m in the previous month. However, revenue was up month-on-month from $43,775 to $62,672.

During the first five months of the year, operators generated revenue of $1.41m, with consumers spending a total of $54.7m online.

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Gambling in the USA

GAN Reports Internet Gambling Growth in New Jersey for May 2019

Niji Narayan

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GAN Reports Internet Gambling Growth in New Jersey for May 2019
Photo Source: thriveglobal.com
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GAN plc, the US based developer and supplier of Internet gambling software, has reported growth in internet gambling for the month of May 2019 in New Jersey.

The highlights include:

  • Internet Gaming Win was $38.3 million in May compared to $24.3 million in May 2018, reflecting an year-over-year increase of 57.8%.
  • Total Internet Sports Wagering Handle was approximately $263.6 million in May, compared to $254.0 million in April and $298.3 million in March.
  • Internet Sports Wagering Gross Revenue was $13.7 million in May, compared to April’s $16.6 million and March’s $24.3 million.

Internet Sports Wagering Gross Revenues may vary from month to month due to the payouts for future events occurring months after the original wager was made and unredeemed winning wagers from prior months will become deductible upon redemption in future months.

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Compliance Updates

NH Lawmakers Pass Sports Betting Bill

Niji Narayan

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NH Lawmakers Pass Sports Betting Bill
Photo Source: sunherald.com
Reading Time: 1 minute

 

The New Hampshire legislature has passed the sports betting bill and heads it to the desk of Republican Gov. Chris Sununu, who has already expressed his support for the bill.

The Senate has made three amendments to the bill. The amendments made it clear that multiple online sports betting operators will be permitted in the space, but will be capped at five. It also capped the retail operators at 10.

The bill creates a subdivision of Sports Wagering within the New Hampshire Lottery Commission, which will act as the regulatory body for the industry.

The bill allows anyone over the age of 18 to wager on professional and collegiate sporting events. Gamblers will not be allowed to wager on New Hampshire colleges or collegiate sporting events in the state. It will not provide the leagues with an integrity fee and does not require operators to use official league data.

It is estimated that the industry will generate $7.5 million in tax revenue for the 2021 fiscal year and $13.5 million two years later.

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