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SBTech signs Pala Interactive partnership

George Miller

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SBTech signs Pala Interactive partnership
Reading Time: 2 minutes

 

SBTech, the leading sports betting and gaming technology supplier to the regulated iGaming sector, has partnered with Pala Interactive to offer its award-winning sportsbook technology to brands on the California-based company’s proprietary platform, further increasing its reach and rapid growth across North America.

The five-year agreement will see SBTech’s sportsbook solution integrated into Pala Interactive’s online platform, initially launching with two online brands; CanPlaySports and Vipcasino which are owned and operated by the Wôlinak Abenakis First Nation.

Pala Interactive is an online social and real money gaming software development company, majority owned by the Pala Band of Mission Indians that also own and operate the Pala Casino Spa and Resort in Pala, California.

SBTech fought off several sportsbook suppliers as part of a highly competitive tender process due to its proven track record of delivering revenue generating sportsbook solutions to a wide variety of clients in regulated markets. The Pala management team also recognised SBTech’s wide ranging risk management and technology expertise, achievements in product innovation and product flexibility, and its ability to localise its product offering across any territory.

Among the innovative products available to Pala and its customers are SBTech’s proprietary personalisation tools such as Yourbet Betbuilder that connect directly into an operator’s sportsbook platform, removing the need for third-party integrations. Yourbet Betbuilder is available across sports such as basketball, enabling players to custom build their own bets using real-time odds calculations based on their selections.

Richard Carter, CEO, SBTech, said: “We’re delighted Pala Interactive have selected us as partners ahead of our competitors due to our leading, flexible sportsbook technology that has been specifically tailored to the North American market. This partnership will benefit both companies as we continue to rapidly expand our presence across North America and as more US States regulate in the coming months and years ahead.”

Jim Ryan, CEO, Pala Interactive, said: “SBTech lead the way in omni-channel technology and innovation and their sportsbook’s powerful capabilities and flexibility are ideally suited to our customers’ requirements as they increasingly target sports betting and we grow our business across North America.

“This partnership has massive potential to grow even further as more states open and we’re both in a very strong position to capitalise on this.”

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

Tim Wilmott Steps Down as Chairman of AGA

Niji Narayan

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Tim Wilmott Steps Down as Chairman of AGA
Photo Source: linkedin.com
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Tim Wilmott has retired from the American Gaming Association as its chairman. The legalisation and expansion of sports betting has been a key marker of Wilmott’s term.

He told AGA members: “Once PASPA happened everything changed,” referring to a Supreme Court ruling that overturned a ban on sports betting. Since then, 13 states so far have launched legalised sports betting operations in casinos, racetracks and on mobile devices.

Wilmott, CEO of casino company Penn National Gaming, said the industry’s relations with the government had become even more important with the advent of sports betting. A bill seeking federal sports betting control is now in the Senate.

Wilmott said that during his tenure and that of his previous chairman, the profile of AGA membership had changed and it had broadened as a result of work headed by CEO Bill Miller and his predecessor.

He was speaking to members at the conclusion of the 2019 G2E trade show that had attracted 30,000 gaming professionals to Las Vegas.

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Compliance Updates

DC Judge Refuses to Halt DC Lottery’s Controversial Deal with Intralot

Niji Narayan

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DC Judge Refuses to Halt DC Lottery’s Controversial Deal with Intralot
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DC Superior Court Judge John Campbell has refused to halt the DC Lottery’s controversial deal with tech provider Intralot.

Last month, a different DC judge issued a temporary restraining order on Intralot’s deal based on a request by DC resident Dylan Carragher, a software developer who filed a lawsuit to force DC to hold a competitive tender for the betting contract.

Judge Campbell justified his refusal to honour Carragher’s injunction request by saying he did not think Carragher’s lawsuit will succeed. Campbell added that “it clearly and unquestionably was within the Council’s authority” to waive the competitive bidding requirement. Carragher has already indicated that he will appeal Campbell’s ruling, so the action now shifts to the DC Court of Appeals.

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Gambling in the USA

GAN Reports September 2019 Internet Gambling Growth For Pennsylvania

George Miller

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GAN Reports September 2019 Internet Gambling Growth For Pennsylvania
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GAN plc, an award-winning developer and supplier of enterprise-level B2B Internet gambling software, services and online gaming content in the United States, today updated the market following the publication on October 17, 2019, by the Pennsylvania Gaming Control Board (“PGCB”) of Internet gaming and Internet sports betting financial information for the calendar month of September 2019 in Pennsylvania.

Highlights from the PGCB include:

  • Internet Gaming Win was $6.0 million in September, compared to $4.0 million in the prior sequential month, reflecting an increase of 48.2%.
  • Total Internet Sports Wagering Handle(1) was approximately $153.6 million for the month of September, compared to:

– $83.2 million for the month of August;

– $39.0 million for the month of July; and

– $19.3 million for the month of June.

  • Internet Sports Wagering Gross Revenues(2) (after payouts) for the month of September were $13.4 million, compared to:

– $6.3 million for the month of August;

– $2.9 million for the month of July; and

– $1.4 million for the month of June.

  1. Gross amount of money accepted in wagers
  2. 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

This information will be updated and published each month, following publication by the PGCB, in order to enable the investor community to readily monitor growth of Internet gambling in Pennsylvania, which remains a key market for GAN.

 

About GAN Plc:

GAN is a leading business-to-business (“B2B”) supplier of internet gambling software-as-a-service solutions (“SaaS”) to the US land-based casino industry. The Company has developed a proprietary internet gambling enterprise software system, GameSTACK™, which it licenses principally to land-based US casino operators as a turnkey technology solution for regulated real-money internet gambling, encompassing internet gaming, internet sports gaming and virtual Simulated Gaming. The Company has also launched digital user acquisition & retention marketing in support of the Internet Casino (https://casino.winstar.com) provided by GAN’s Digital Marketing Agency in Tel Aviv, Israel.

GAN is listed on the London Stock Exchange (LSE: GAN).

For more information please visit www.GAN.com.

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