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INTRALOT announces Fernando Ors Villarejo as new President of Sports Betting in the US

George Miller

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INTRALOT announces Fernando Ors Villarejo as new President of Sports Betting in the US
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INTRALOT announces the appointment of Fernando Ors Villarejo as the new President of Sports Betting of INTRALOT Inc, the INTRALOT Group subsidiary in the USA.

INTRALOT Group CEO Antonios Kerastaris stated: “It is my great pleasure to extend a warm welcome to Fernando. In the new era of Sports Betting in the USA, Fernando will be our key person for opening up this immense new opportunity for Intralot, with end to end responsibility on the Sports Betting product and operations in the USA. Sports Betting in the US in the post PASPA era is a major source of potential future revenue and profits for INTRALOT and we intend to dedicate considerable amount of effort and resources to turn this opportunity into a great success for our company”.

Fernando is joining Intralot with over twenty years’ of experience in international development and over fifteen years in digital businesses. Founder of Savia Consulting, he is a former member of the Chairman’s Office and CDO at multinational sports betting and gaming corporation Codere Group. His tenure there has been marked by a ten-fold increase in revenues and profits in the ten years prior to a successful IPO. Additionally Fernando has been a member of the board and has held a C level or executive position at Codere Interactiva, GreenPlay (TV Azteca), CDR Technology Network, Formula Giochi, BASA and Groupe Promodès (currently Carrefour). Before holding these positions, he was a strategy consultant at then Andersen Consulting, currently Accenture.

Fernando holds a double major degree in Business Administration and Economics. He also has an MBA from IESE Business School, a Master in Finance from CEF and another Master in Corporate Coaching from Colorado University.

Lat week INTRALOT announced it’s partnership with NEDERLANDSE LOTERIJ, operator of the Dutch Lottery and numerous other gaming brands.

 

About INTRALOT:

INTRALOT, a public listed company established in 1992, is a leading gaming solutions supplier and operator active in 52 regulated jurisdictions around the globe. With €1.1 billion turnover and a global workforce of approximately 5,100 employees (3,100 of which in HQ and subsidiaries and 2,000 in associates) in 2017, INTRALOT is an innovation – driven corporation focusing its product development on the customer experience. The company is uniquely positioned to offer to lottery and gaming organizations across geographies market-tested solutions and retail operational expertise. The company has designed a new ecosystem of holistic omni-channel solutions across verticals (Lottery, Betting, Interactive, VLT) for Lotteries digital transformation. INTRALOT has been awarded the prestigious WLA Responsible Gaming Framework Certification by the World Lottery Association (WLA) and the WLA certificate for the Security Control standard.

 

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 industry performs well in January

Niji Ng

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Delaware igaming industry performs well in January
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The Delaware Lottery’s financial results have shown that igaming performed robustly on the financial front in January 2019, by posting a 57.9 per cent increase in revenues year-on-year.

Revenue rose to $279,541 (£217,970/€247,999), showing a 11.2 per cent month-on-month from December last year.

Players wagered $7.4m across the state’s three licensed igaming sites in January 2019, which represented a 65.5 per cent year-on-year advance, but a 27.7 per cent fall from the $10.3m staked in December 2018. Players won a total of $7.2m during the month.

Video lottery accounted for $190,223.44 of total monthly revenue, a 68.0 per cent share, followed by table games, which contributed a further $66,982.14. Poker rake and fees, on the other hand, contributed just $22,335.51.

Player registrations also grew significantly in January, up 117.3 per cent to 578.

The majority of revenue was generated by Dover Downs, which saw its more than double from $48,215.61 in the prior year to $139,816.37, with 233 players registering to play over the month.

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Gambling in the USA

New Hampshire challenges US Department of Justice over online gambling

Niji Ng

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New Hampshire challenges US Department of Justice over online gambling
Photo Source: bingoresourceguide.com
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New Hampshire and the company that supports the state’s iLottery system have sued the U.S. Department of Justice over a legal opinion that could put an end to online gambling and state-run lotteries.

The Justice department issued a legal opinion in November that re-interpreted the federal Wire Act of 1961 to ban interstate wagering. The department had been maintaining that online gambling within states that does not involve sporting events would not violate federal law, but in the November opinion, the officials said the law applies to any form of gambling that crosses state lines.

The New Hampshire Lottery Commission filed a lawsuit in federal court citing that the opinion subjects its employees to prosecution, creates uncertainty about whether it should cease operations and could cost the state more than $90 million a year.

Only a small portion of that total comes from the “iLottery” platform the state launched in September and is expected to bring in $4 to $6 million in the fiscal year that starts in July. But the broadest interpretation of the opinion would prohibit all lottery-related activities that use the internet, Attorney General Gordon MacDonald argued in the complaint. That includes transmission of data to backup servers set up in other states.

“Today New Hampshire is taking action to protect public education,” Gov. Chris Sununu said in a statement. “The opinion by DOJ puts millions of dollars of school funding at risk, and we have a responsibility to stand up for our students.”

“There is no indication in the plain language of (the Wire Act), its structure, its purpose, or its legislative history of an unmistakable Congressional intent to outlaw state-conducted lottery activity,” MacDonald wrote. “If Congress wishes to criminalise the interstate transmissions required to operate state-conducted lotteries, it must do so in clear, unmistakable language. Congress has not done that in the Wire Act. ”

NeoPollard Interactive, which offers support for New Hampshire’s iLottery hardware and software, has also filed a suit.

The company’s attorney, Matthew McGill, called the justice department’s opinion a “lawless act.”

“This opinion would subject to felony prosecution conduct that two court of appeals, including the First Circuit, have said is lawful,” he said in a statement. “This is an outrageous and dangerous usurpation of authority.”

The Department of Justice declined to comment.

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Gambling in the USA

Minnesota mulls legalising tribal sports betting

Niji Ng

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Minnesota mulls legalising tribal sports betting
Photo Source: sportshandle.com
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Minnesota is planning to formulate a new bill for legalising sports betting at tribal casinos in the state.

The new bill, named the new Safe and Regulated Sports Gambling Act of 2019, was introduced by Representative Pat Garofalo. It proposes plans to form the Minnesota Sports Wagering Commission, an authority that will have the powers to regulate the state’s sports betting market.

The bill would allow in-person sports wagering at casinos runs by recognised tribes in Minnesota, while consumers would also be able to place bets via mobile and other electronic devices on-site. The bill stipulates that any mobile app to block access to consumers if they are more than 20ft away from a tribal property.

Consumers can bet on all sports and events authorised by the Commission, including US collegiate sports, but wagering on virtual events would not be permitted.

According to the proposal, the new commission will sanction two types of licenses: a sports pool licence and a mobile and electronic sports pool licence, with casinos permitted to apply for both types of licences. The bill does not set out the cost for either licence.

The bill would also enable casinos to enter into agreements with third parties to manage or operate an on-site sports pool, a mobile and electronic sports pool, or both.

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