Connect with us
SIS

Gambling in the USA

Betgenius to power Pearl River Resorts’ sportsbook

George Miller

Published

on

Betgenius to power Pearl River Resorts’ sportsbook
Photo Source: pearlriverresort.com
Reading Time: 3 minutes

 

Suite of Betgenius solutions and IGT technology enable Mississippi Band of Choctaw Indians to be first Tribal Gaming Operator to launch sports betting outside of Nevada

Betgenius, the premium supplier of sportsbook technology to regulated operators globally, has been selected to provide its trusted odds creation and risk management solutions to power the new sportsbook launched by the Mississippi Band of Choctaw Indians.

Betgenius’ world-renowned sportsbook trading console is integrated into IGT’s PlayShot™ sports betting platform, which is live at two of Mississippi Band of Choctaw Indians’ resorts in Mississippi.

The casino operator recently launched the sportsbook at its Pearl River Resort in Mississippi, where patrons can place wagers over the counter at the recently opened Timeout Lounge at Gold Moon Casino and also at its satellite sportsbook located at the Bok Homa Casino near Laurel, Mississippi. Mobile and online wagering is also planned as part of the deal.

Under the agreement, Betgenius is delivering a complete sportsbook management solution, including live sports data feeds, price management for pre-game and in-play odds across all major U.S. sports, as well as a bespoke, end-to-end price and risk management service.

Jack Davison, Chief Commercial Officer of Genius Sports Group, the parent company of Betgenius, said: “By leveraging Betgenius’ expertise in sportsbook management and breadth of high quality content, Pearl River Resorts has established a premium sports betting offering.

“The legalisation of sports betting presents tribal casinos with a major opportunity to diversify their revenue streams and take a leading role in the fast-moving, tech-driven sector of sports betting. Through this partnership, we are extremely proud to play a role in enabling the Mississippi Band of Choctaw Indians to be the first tribal casino to do just that.”

Neal Atkinson, Director of Table Games who also oversees the Pearl River Resorts Sports Betting Operations, said: “We look forward to this partnership and are working with Betgenius to tailor their services for this exciting new Southern U.S. sports betting market.”

Enrico Drago, Senior Vice President PlayDigital at IGT, said: “IGT’s collaboration with Betgenius resulted in a history-making sports betting solution for Pearl River Resorts. Betgenius’ odds making and risk management expertise and technology were the ideal complements to IGT’s market-ready PlayShot sports betting platform and our position as the leading end-to-end gaming supplier.”

 

About Betgenius:

Founded in 2000, Betgenius is the leading provider of sophisticated data-driven software to regulated sportsbook operators. Our multi-award-winning technology is built to help our partners maximise their performance through a turnkey platform, outsourced trading and digital marketing solutions.
Betgenius’ bespoke solutions empower operators to take total control of their brand and trading strategy in order to create a unique proposition, drive operational efficiency and boost profits.
As part of Genius Sports Group, the global leader in sports data, technology and integrity, Betgenius prides itself on being the most trusted partner to the global sports betting sector.

About Pearl River Resort:
Owned and operated by the Mississippi Band of Choctaw Indians, Pearl River Resort is the South’s premier resort destination. Pearl River Resort’s portfolio of assets includes Silver Star Hotel & Casino, Golden Moon Hotel & Casino, Dancing Rabbit Golf Club, and Geyser Falls Water Theme Park located in Choctaw, Mississippi and Bok Homa Casino located in Sandersville, MS.
The Silver Star and Golden Moon Casinos feature a variety of gaming options, hotel rooms, dining options, retail offerings, conference facilities, live entertainment and a full service spa. The all-new Pearl River Resort also offers a new gaming floor with the latest first-in-state slot machines, elevated poker room, remodeled hotel rooms, a stunning video wall, refreshed buffet, updated promenade, sportsbook and more. Also featured is Dancing Rabbit Golf Club with two championship golf courses and Geyser Falls Water Theme Park. Bok Homa Casino features over 720 slot machines, 12 table games, an event center and a fabulous quick serve eatery.

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.

Continue Reading
Advertisement
Comments

Gambling in the USA

Expectations on Online Gambling in the US

Niji Narayan

Published

on

Photo source: rightcasino.com
Reading Time: 2 minutes

The U.S. casinos have already entered into the list of the burning issues of the United States. Nevada is a national gambling symbol in the US, while some of the states impose strict restrictions even on the online casinos. The recent tendencies in the American online gambling market look quite promising.

Around 90% of the American gamblers easily switched from a traditional casino to the online platforms introducing the same services. At the same time, 85% of the US gambling niche income is generated by its online segment. On average, the industry of sports betting reaches the exorbitant figures – $400 billion a year.

It is obvious that the US cannot impose a strict federal ban on online gambling. The only obstacles may exist on the state level, where the situation is quite paradoxical. Depending on the state, the national operators have to satisfy a long list of the legal requirements to get a proper license.

It seems that the endless war between the operators and the state laws is getting tense: many of the gambling icons keep pushing the respective bills about partly legalisation of online casinos.

The milestone to block the decision-making process on a state level is taxation rates for the online casino operators. Some of the fees make it clear that the government would like to benefit from the business as much as the actual providers.

Despite a few legal opportunities, the online gambling niche in the US is blossoming. This business will soon reach its peak and will demand some more room for expanding its influence and audience.

In the nearest future, we can expect some further improvements. There is nothing to hold the industry from further development. Recognising the providers’ needs will resolve lots of issues related to illegal gambling. This should be a minimum benefit the federals cannot resist.

Continue Reading

Gambling in the USA

DOJ Appeals the District Court Decision on Wire Act Case

Niji Narayan

Published

on

Photo source: nodepositkings.com
Reading Time: 1 minute

The Department of Justice has filed its intent to appeal a district court decision on the Wire Act to the First Circuit Court of Appeals.

In June, a federal judge in the New Hampshire District ruled that the Wire Act applies only to sports betting and not to other forms of interstate gaming.

The New Hampshire Lottery and its vendor had filed the federal case because of the DOJ’s change in stance on the interpretation of the Wire Act.

The DOJ in 2011 had stated that the Wire Act applied only to sports wagering. But it reversed the course with a memo from 2018, expanding the possible reach for federal prosecution which triggered worries about its applicability to online gambling, lotteries and other forms of gaming that potentially cross state lines.

The New Hampshire District judge had forecast that the case would likely reach the US Supreme Court. While the case is going on, the DOJ has said it would not enforce the new interpretation of the Wire Act until 2020.

“The Department’s action, while hardly unexpected, is certainly unwarranted. DOJ generally files appeals of adverse district court decisions as a matter of course. We hope that, rather than engaging in a protracted, expensive and ultimately unsuccessful legal fight, the Department will take this opportunity to negotiate a settlement which will focus the Wire Act and DOJ’s enforcement resources on the right targets – the unlicensed illegal offshore Internet gambling operators who do not create jobs or tax revenue in the U.S. and do not appropriately protect consumers,” Jeff Ifrah, founder of iDEA Growth (an online gambling lobbying group) said.

Continue Reading

Gambling in the USA

NFL Issues Prohibitions on Sports Betting

Niji Narayan

Published

on

Photo source: onlinegambling.com
Reading Time: 1 minute

NFL has issued strict prohibitions on sports betting. In an email sent to NFL employees, vendors and contractors, the league made it clear that gambling on sports could lead to losing one’s job.

NFL’s communication said, in part:

“Gambling, particularly betting on NFL games or other sports, presents risks to the integrity of our competition and team cohesion, and can undermine the confidence and trust of our fans and colleagues in America’s greatest game. We therefore owe it to our fans and everyone associated with the League to take all appropriate steps to safeguard our game against possible threats from illegal gambling as well as gambling in a legal, regulated context.”

The memo spelled out forbidden activities and practices in detail. Prohibitions include:

Gambling at offshore sites or in states without legal sports betting

Gambling in any form on NFL games

Offering inside info or tips on a team or game

Setting foot in a sportsbook during the season

Betting in any form on anything in any NFL facility

Promoting any kind of gambling entity

Owning any part of a casino or sports betting operation

These restrictions are applied to owners, players and various vendors and contractors. Players are also implored to always give a “best effort” in any game to avoid the appearance of impropriety.

Non-sports wagering is allowed so long as employees do not physically enter a sportsbook to place the bet. Online or third-party wagers are allowed if done through state-approved operations. The league has made an exception for fantasy leagues with prizes under $250. Daily fantasy sports remain a violation of league policy.

The process of review and potential punishment for the rule violations lay at the feet of Commissioner Roger Goodell, who, according to the memo will make assessments on a case-by-case basis.

Continue Reading
Advertisement
NSoft

Global Gaming Industry Newsletter – Weekly Digest (sent every Wednesday)

Please select all the ways you would like to hear from European Gaming Media and Events:

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here. Read more about European Gaming Media and Event's Privacy Policy and Terms of Service.

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Latest by author

Trending

Notice for AdBlock users

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.