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Scientific Games Completes Acquisition Of Don Best

George Miller

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Scientific Games Completes Acquisition Of Don Best
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Reading Time: 3 minutes

 

Acquisition enhances the Company’s unparalleled end-to-end sports betting solution

 

Scientific Games Corporation completed its previously announced acquisition of Don Best Sports Corporation and DBS Canada Corporation (together, “Don Best”), enhancing its sports betting portfolio and managed trading services with real-time data and pricing resources. With the addition of Don Best’s trading and pricing expertise to its OpenBet™ product suite, the Company provides an unmatched comprehensive library of sportsbook technology.

The acquisition follows the successful formation and launch of SG Digital’s Sportsbook Operations service, which provides trading, marketing, and product management services to customers. The Don Best team will provide world-class betting and pricing services along with valuable real-time event data solutions. Heading up the team as Managing Director will be industry veteran Benjie Cherniak. Benjie has spent the past decade building the organization’s highly regarded sports information, live pricing, and data integrity divisions. A leading voice in the emerging U.S. sports betting industry, Benjie will report directly to Keith O’Loughlin, SG Digital’s SVP Sportsbook.

Barry Cottle, Chief Executive Officer of Scientific Games, said, “Don Best’s world-class sports betting trading operation completes our full-service sports betting solution and enhances our ability to provide customers with a complete managed sportsbook. Don Best’s unrivalled pricing, trading and data services, combined with our new marketing services and OpenBet, our global leading sports betting technology platform, uniquely fortifies our position as the world’s leading sports betting provider, ready to help our customers win in the emerging U.S. sports betting market and beyond.”

Benjie Cherniak, Managing Director of Don Best, said, “We’re joining the Scientific Games team during a transformational time in the sports betting space, and our offerings are the perfect complement to the Company’s already-strong portfolio of products and services. With our specialized leadership, unmatched expertise in the North American market, extensive knowledge of the region’s most popular sports, and leading trading capabilities, we will continue to augment our partners’ sports betting technology.”

Keith O’Loughlin touches on the immediate contributions Don Best will make to the SG Digital portfolio: “When you put together a comprehensive sports offering, it’s important to capture every single customer need in the teams you build. For us, Don Best is a perfect piece in the larger sports betting puzzle, truly augmenting our comprehensive offering for sportsbook operators. Don Best’s trading platforms already seamlessly integrate into our OpenBet product suite, so the impact will be instantly beneficial. We’re thrilled to welcome Don Best to the SG Digital team and to continue improving our product portfolio.”

© 2018 Scientific Games Corporation.  All Rights Reserved.

 

About Scientific Games:
Scientific Games Corporation is the global leader in technology-based gaming systems, table games, table products and instant games and a leader in products, services and content for gaming, lottery and interactive gaming markets. Scientific Games delivers what customers and players value most: trusted security, creative content, operating efficiencies and innovative technology. Today, we offer customers a fully integrated portfolio of technology platforms, robust systems, engaging content and unrivaled professional services. For more information, please visit scientificgames.com.

 

Forward-Looking Statements
This press release includes “forward-looking statements” and “forward-looking information” (collectively “forward looking statements”) within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements describe future expectations, plans, results or strategies and can often be identified by the use of terminology such as “may,” “will,” “estimate,” “intend,” “plan,” “continue,” “believe,” “expect,” “anticipate,” “estimate,” “should,” “could,” “potential,” “opportunity,” or similar terminology. These statements are based upon management’s current expectations, beliefs, assumptions and estimates and are not guarantees of timing, future results or performance. Similarly, statements herein that describe the transaction, including statements of management’s expectations, beliefs, assumptions, estimates and goals regarding the transaction may be forward-looking statements. These forward-looking statements involve certain risks and uncertainties and other factors that could cause actual results to differ materially from those indicated in such forward-looking statements, including but not limited to: the ability of Scientific Games to integrate Don Best’s business; the ability of Scientific Games to implement its plans and other expectations with respect to Don Best’s business; and the other risks, uncertainties and important factors contained and identified (including under the heading “Risk Factors”) in Scientific Games’ filings with the Securities and Exchange Commission, any of which could cause actual results to differ materially from the forward-looking statements. The forward-looking statements included in this press release are made only as of the date hereof and, except for Scientific Games’ ongoing obligations under applicable securities laws, Scientific Games undertakes no obligation to update any forward-looking statements whether as a result of new information, future events or otherwise. Readers are cautioned not to place undue reliance on any of these forward-looking statements.

Source: Scientific Games Corporation

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Canadian Internet Gambling: What New Technologies Are Used for Casino Safety?

George Miller

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This article provides information on how one of the best specialists in the field of casino security systems development implemented his innovative technologies for world-famous gambling establishments. This man has devoted his whole life to casinos, knows firsthand about all the secrets of gambling establishments and is ready to share them with us.

Nora company – invisible casino guard

This is the name of the company of the extraordinary specialist Jeff Jonas. He is literally obsessed with introducing all kinds of innovative technologies in the field of casino security both, online and land-based establishments. His team has developed many different mechanisms to protect gambling clubs. In 2005, Jonas decided to sell one of his first companies involved in identifying the relationship between casino players and the croupiers to IBM.

Thanks to this deal, a unique system called Nora appeared, which determines the relationship between the croupier and casino client, which made the gambling business more profitable. This is probably the most unusual and unique system in this area that has appeared over the past ten years.

Such a system is even used in banking, the largest banks around the world use it so that their employees do not provide loans to dubious clients. Many scammers register offshore companies where they withdraw money earned in an unscrupulous way. Insurance companies also use Jeff Jonas’ security system. And many other organizations use this technology to provide security measures in their enterprise.

Jeff Jonas is currently continuing to develop systems in US, Canada and China. Its activities are incredibly in demand, and every campaign, whether it is a large bank or a casino, is eager to receive from its new innovative technology that will increase the level of security of the organization.

According to Jeff Jonas, who has vast experience in the gambling business, most US and Canadian casinos spend the money they earn on expanding and opening new gambling tables and slot machines, and only few are worried about their own safety. Take, for example, one of the largest casinos, where about two thousand cameras are installed, watching their customers, it would seem that this is quite enough.

But these cameras are only enough for a small number of clients, and they focus only on those who win large sums of money.

Many successful players use a card counting system, Jeff Jonas’ innovative technology is able to calculate how effective a player’s method is, and whether such a client poses a threat to the casino’s profit. If the answer is yes, then the player will be asked to leave the casino and the casino will not lose a large amount of money.

Now every parking lot is equipped with cameras that use police technology, cameras record the vehicle number and transmit information to the casino, the program determines how much money the player spends, how efficient he is and whether he can, in general, be allowed into the casino.

Protection designed for online casinos in Canada and other countries

Everything is clear with protection in land-based casinos, but what about protecting online resources? Jeff Jonas worked with IBM and several casino software companies to develop a custom system. Nora 2.0 is a system used in online casinos around the world including the Canadian online casino Casinonic. Nora 2.0 works through neural networks and self-learning algorithms. All this allows the “program” to find potential threats or malware that third parties may try to inject into the casino platform.

Nora 2.0 has already established itself well in the field of online gambling, having prevented about 3 thousand attacks on servers with casino software in 2020. The main beauty of Nora 2.0 is that the algorithm does not need updates, it is completely autonomous and is able to carry out all updates on its own. Who knows, maybe soon it will be used as an anti-cheat protection in video games as well.

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Passport Technology Signs Cash Casino Calgary and Cash Casino Red Deer and Introduces New POSpod® Self-Service Kiosks

George Miller

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Swintt strengthens European presence with Mybet deal
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Passport Technology, the leading provider of casino cash access services internationally, now provides cash and cashless services to over fifty percent of Alberta casinos with the launch of ACM OwlTM solutions at Cash Casino Calgary and Cash Casino Red Deer. Passport Technology’s self-service platform delivers maximum cash to the casino floor, operational efficiencies to the casino and numerous social responsibility features, it also provides social distancing measures within COVID-19 planning criteria through self-service kiosk technology.

Passport Technology’s CashValet PCI-DSS Level 1, P2PE-certified solution, and cloud-based application facilitates immediate and maximum approval amounts and supports real-time reporting of the transaction cycle while providing casino guests with an enhanced experience including dynamic fee structures, free play credits, self-exclusion options, and numerous security and regulatory compliance features. Passport’s POSpod® kiosks are custom-built with the latest peripherals to meet the demands of the high-traffic casino environment, while deploying a best-in-class user interface custom developed by market and  customer. The POSpod® line of self-service kiosks include free standing, countertop and the new mobile cashier enhancement, all of which provide the Patron and Operator the same experience and feature functionality. ACM OwlTM  technology provides industry leading ATM services combining transaction speed, maximum throughput, local support and a truly elegant design.

“We’re excited to collaborate with Cash Casino Calgary and Red Deer,” states Kurt Sullivan, President of Passport Technology. “Passport’s suite of products and solutions are secure, robust and promote responsible gaming while delivering maximum funds to the casino floor. We look forward to contributing towards the overall success of Cash Casino with the installation of ACM OwlTM during our long-term engagement and providing guests in Alberta with the best possible experience.”

On June 25, Passport announced an agreement to be acquired by Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF), leveraging Passport’s international footprint in brick-and-mortar casinos with Australis’ Cocoon Technology serving cannabis dispensaries in North America and Australis’ Paytron Merchant Services. The full announcement is available at: https://ausa-corp.com/news/australis-capital-announces-expansion-of-fintech-platform-to-include-gaming-through-proposed-acquisition-of-passport-technology-and-private-placement-of-units.

 

 

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BCLC Contracts with iTel to Support Lottery Network Services

George Miller

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BCLC Contracts with iTel to Support Lottery Network Services
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Kamloops’ technology future looks even brighter with a new agreement between two of the city’s largest technology companies: BCLC and iTel Networks (iTel).

Under a three-year contract with BCLC, iTel will provide the fast and secure Internet connection needed to support BCLC’s retail partners located in remote and rural areas of the province to sell lottery products.

“Given the breadth of our network, iTel checked off all the boxes we had on our list,” said Pat Davis, Vice President of Business Technology and Chief Information Officer. “Its unique ability to support our remote network requirements provided an efficient solution to meet our business needs. We’re pleased to work with an organization that shares our support for expanding the local tech business.”

BCLC awarded the contract to iTel for Province Wide Internet Services following a public procurement process that included an August 2019 Request for Proposal.

“Having lived in Kamloops for most of my life, I am deeply invested in this community both personally and professionally,” added Danny Rink, CEO, iTel Network. “I am excited that we have built iTel over the last 12 years to be an organization that can support the vast and robust network needs of an enterprise organization like BCLC, and by doing so, iTel can continue to invest in the community and help further grow the Kamloops tech sector.”

In addition to both being deeply rooted in the Kamloops technology sector, both BCLC and iTel support the Kamloops Innovation Centre (KIC), a non-profit technology start-up accelerator. Rink helped found KIC in 2012 and BCLC has since created an on-site Innovation Lab in partnership with KIC, with the goal of fueling growth of local tech talent.

“Diversification into technology for B.C.’s regional economies requires the active participation of its large technology employers. iTel Networks and BCLC have proven themselves to be those catalysts in our community,” said Dr. Lincoln Smith, executive director, KIC. “Both of these corporate leaders are directly and indirectly helping to create the ecosystem in Kamloops where new technology-enabled businesses can start up and thrive.”

Thanks to lottery players and retailers across B.C., the lottery business helped BCLC generate $1.4 billion for the Province of B.C. last year to support health care, education and community programs across B.C.

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