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The Stars Group Partners with FOX Sports

Niji Narayan

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The Stars Group Partners with FOX Sports
Photo Source: johnsoncenter.org
Reading Time: 1 minute

 

The Stars Group Inc., the Canadian based gaming and online gambling company, and FOX Sports, the programming division of the Fox Broadcasting Company, have entered a long-term commercial agreement and announced the plans to launch FOX Bet in the United States. According to the agreement, FOX Sports will provide The Stars Group with an exclusive license to use certain FOX Sports trademarks.

The Stars Group and FOX Sports expect to launch two products this year under the FOX Bet umbrella. One will be a nationwide free-to-play game, awarding cash prizes to players who correctly predict the outcome of sports games. The second product, which will be named FOX Bet, will give customers in states with regulated betting the opportunity to place real money wagers on the outcome of a wide range of sporting events in accordance with the applicable laws and regulations.

“We believe this strategic partnership uniquely positions us to build a leading betting business in the U.S., which represents one of the most exciting long-term growth opportunities for our company. Leveraging our proven media partnership strategy with Sky Sports in the UK, we are excited to partner with FOX Sports to integrate wagering into sports media and drive customer acquisition and retention in the U.S,” Rafi Ashkenazi, CEO of The Stars Group said.

“FOX Sports is already synonymous with the best live sports events in the country and now we are expanding the way we immerse fans in the sports culture they love. Digital sports wagering represents a growing market opportunity that allows us to diversify our revenue streams, connect directly with consumers and expand the reach of the FOX Sports brand,” Eric Shanks, CEO and Executive Producer of FOX Sports said.

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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Gambling in the USA

Sports Betting Revenue of West Virginia Increases in May

Niji Narayan

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Sports Betting Revenue of West Virginia Increases in May
Photo Source: wvpublic.org
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Sports betting revenue in West Virginia has increased by 69% in May to $937,065, while amounts wagered rose 4%.

The Penn National Gaming-operated Hollywood Casino remains the leading venue in the state generating $672,070 in revenue from $7.64m staked. Eldorado Resorts’ Mountaineer Casino ranked second with revenue of $222,736 and total wagers of $2.84m.

Delaware North’s Wheeling Island Hotel-Casino-Racetrack and Mardi Gras Casino did not accept any wagers again last month as its sportsbooks remained closed. Neither casino has processed any sports bets since early March. However, both the Wheeling Island Hotel-Casino-Racetrack and Mardi Gras Casino paid out on a number of bets placed prior to the split, leaving them with minor losses for the month.

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Gambling in the USA

SugarHouse Casino to Change Name as Rivers Casino Philadelphia

Niji Narayan

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SugarHouse Casino to Change Name as Rivers Casino Philadelphia
Photo Source: visitphilly.com
Reading Time: 1 minute

 

SugarHouse casino is going to change its name as Rivers Casino Philadelphia. Greg Carlin, CEO of the casino’s parent company Rush Street Gaming said it was a corporate decision, to unify all their casinos under the same name.

“This is something we’ve been thinking about for quite a while. I think we are at the point in our company’s history where it makes sense to have a unified brand. All our properties and markets, especially with the advent of online gaming, we think it makes a lot of sense,” Greg Carlin said.

Carlin said the change will not happen overnight because they have a great deal more work to do.

“We’re going to buy all new chips, change all the signage, all the shirts, all of the business cards — it’s a long list of things that need to be swapped out. Not only that we’re upgrading the property, but we’re also going to add a state of the art sports book. We’re redoing one of the restaurants. We’re re-carpeting the original casino floor. We’re changing the decorations, we don’t want this just to be a name change, we’re really changing the property as well,” Carlin added.

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Gambling in the USA

Intralot Announces New Board Of Directors For Its U.S. Subsidiary

George Miller

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Intralot Announces New Board Of Directors For Its Us Subsidiary
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INTRALOT announces the appointment of a new Board of Directors at its fully owned US subsidiary, INTRALOT Inc. to include three new Independent Directors.

  • Ambassador (Ret.) Thomas Miller, Non-Executive Chairman and Independent Director
  • Mr. Daniel Rappaport, Non-Executive Vice-Chairman and Independent Director
  • Mr. Nicholas Mitropoulos, Independent Director
  • Mr. Byron Boothe, Director and Interim CEO, INTRALOT Inc.
  • Mr. Nikolaos Nikolakopoulos, Director and INTRALOT Group Deputy CEO

INTRALOT Group Chairman and CEO Mr. Sokratis Kokkalis stated: “I am very pleased to welcome three very senior Independent Directors at the Board of INTRALOT Inc. joining a very experienced team, in support of our efforts to strengthen corporate governance as a driver for growth and customer satisfaction.”

Thomas Miller is a former American diplomat and three-times U.S. Ambassador, including ambassadorships in Greece, Bosnia-Herzegovina, and as Cyprus negotiator. He has also served as CEO of Plan International, a UK-based NGO, working to help children in developing countries; President/CEO of International Executive Services Corps (IESC); President of the United Nations Association; Chairman of the International Commission of Missing Persons (ICMP); and a board member of The Partnership for a Secure America. He is a member of the Council on Foreign Relations.

Daniel Rappaport has served as Chairman of the Board/CEO of the New York Mercantile Exchange (NYMEX); member of the National Petroleum Council (NPC); and member of the U.S. Commodity Futures Trading Commission (CFTC) Global Markets Advisory Committee. He served as a board member of the Futures Industry Institute, a trustee on the Board of Trustees of New York Law School, and as an appointment of the Governor of the State of Connecticut on the board of directors of Connecticut Innovations.

Nicholas Mitropoulos is a political and business consultant who has previously worked with the Monitor Company. He served as Executive Director of the Taubman Center for State and Local Government at the Harvard Kennedy School, was the Director of the Forum at the Kennedy School, as well as Deputy Director of Institute of Politics at Harvard.

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