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Castle Hill Gaming Announces Up To 106 New Jobs in Albemarle County

George Miller

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Castle Hill Gaming Announces Up To 106 New Jobs in Albemarle County
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Castle Hill Gaming, one of the nation’s leading gaming software developers, announced it would like to invest $1.3 million and add 106 jobs at its corporate headquarters in Albemarle County, Virginia.

The company will receive matching grants from the Virginia Jobs Investment Program and Albemarle County to support the hiring and training of the new employees. The announcement was made with Virginia Governor Ralph Northam and Secretary of Commerce and Trade Brian Ball. Also in attendance were Rep. David Toscano from the Virginia House of Delegates and Ned Gallaway, Chair of the Albemarle County Board of Supervisors.

Governor Northam signed into law last year VA House Bill 1609, which brought live horse racing back to Virginia at Colonial Downs, supported by Historical Horse Racing. Castle Hill Gaming is one of only four companies in the United States that provides gaming solutions for Historical Horse Racing and, to date, has created 136 games in both mechanical reel and video formats. The jobs added will include designers, computer programmers, mathematicians, and in other high-skilled fields. With proximity to the University of VirginiaCharlottesville and Albermarle County provide the perfect environment to attract and retain these highly-skilled employees. The average employee compensation at the Charlottesville headquarters exceeds $100,000. Castle Hill plans to continue to add jobs as the Commonwealth increases the number of Historical Horse Racing machines.

“We are proud to call Charlottesville home and to partner with the Commonwealth of Virginia on this important high-tech initiative that is revolutionizing the gaming industry with Historical Horse Racing (HHR) games,” said Arthur Watson, CEO of Castle Hill. “We look forward to contributing to the growth and success of Albermarle County and all of Virginia.”

The Virginia Jobs Investment Program provides services and funding to companies creating new jobs or experiencing technological change to reduce the human resource development costs for new companies, expanding companies, and companies retraining their employees. There was also a matching grant from Albemarle County to support local economic development.

 

About Castle Hill Gaming:
Castle Hill Gaming provides quality gaming solutions to Native American Tribal Casinos across the United States. Our Class II and Class III slot games are built for the player, designed to be familiar and delightful. Through hard work and focused energies Castle Hill Gaming is quickly emerging as an industry leader in Class II and Class III casino gaming. We have assembled a dynamic team of talented game designers, developers, and mathematicians to create the most entertaining slot games in the market, and our growing portfolio provides the richest player experience in the Casino. Castle Hill combines 2D and 3D animated media with great game play and math to create immersive titles with familiar themes that are both beautiful and fun to play. Our winning play and generous bonuses keep players coming back again and again.

 

Source: Castle Hill Gaming

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

Stadium Casino Secures Category 4 Casino License from Pennsylvania Gaming Control Board

Niji Narayan

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The Pennsylvania Gaming Control Board has awarded a license to Stadium Casino LLC, a division of The Cordish Companies, to construct a Category 4 casino in Hempfield Township, Westmoreland County.

The award concludes the process which the Board began on January 24, 2018 when Stadium Casino LLC secured a 15-mile radius area in which it could locate a casino with a winning bid of $40,100,005 at the second Category 4 auction held by the Board.

The Board conducted an in-depth background investigation of the application along with the collection of public input from citizens, community groups and public officials at a hearing held in Hempfield Township.

Category 4 Slot Machine License permits the Stadium Casino to operate between 300 and 750 slot machines. The entity could also petition for permission to initially operate up to 30 table games for an additional fee of $2.5 million with the capability of adding an additional 10 table games after one year. The table games certification was also approved by the Board.

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Gambling in the USA

Steve Ruddock Joins BettingUSA.com

Niji Narayan

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BettingUSA.com has appointed the industry veteran Steve Ruddock as its lead analyst, content director and equity partner.

In his role with BettingUSA.com, Ruddock will spearhead content and provide his unique brand of news, analysis, and insights on the regulated US gaming industry. Ruddock will also help lead the launch of additional national and regional brands.

“I’m thrilled to join BettingUSA and work with Mike, Wes, and the rest of the team to deliver the highest quality coverage and analysis of the legal US online gambling industry. This is an exciting time to be a part of this growing and evolving industry, and there isn’t a doubt in my mind BettingUSA will be a central figure in the space,” Steve Ruddock said.

Ruddock has spent the last decade covering the legal and legislative developments in the rapidly evolving US gambling sector and brings a breadth of knowledge and relationships to BettingUSA.com.

“We’re excited to bring Steve Ruddock on board. People listen when Ruddock speaks – and for good reason. He has long served as one of the most perceptive and intelligent voices in the regulated sports betting and gambling industries. Bringing Steve on board is a big win for us and our readers alike,” Wes Burns, Editor in Chief of BettingUSA.com said.

“It is a pleasure to welcome Steve Ruddock to the team. There is no doubt BettingUSA has gained a great asset in Steve and we look forward to working together as BettingUSA grows and new markets emerge,” Mike Murphy, CEO of BettingUSA.com said.

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Gambling in the USA

Nasdaq and Interactive Brokers Become the Latest Wall Street Institutions to Enter into Sports Betting

Niji Narayan

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Photo source: history.com
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Nasdaq Inc. has revealed a new partnership with U.K. sports-betting company Football Index. The biggest trading companies in Wall Street are pushing further into the sports-betting industry.

Nasdaq agreed to provide the company with a trading engine, not unlike the one that underlies its signature stock exchanges. Football Index allows its clients to place bets, called shares, on the future success of professional soccer players.

“We’re the heavy-duty plumbing that can sit underneath [betting systems]. We are not taking peoples’ bets. It’s a matter of providing technology,” Scott Shechtman, Nasdaq’s head of new markets said.

Sports wagering is undergoing a wave of change driven by loosening regulations in the U.S. and a transformation in how bets occur. That has created new opportunities for financial services companies to deploy their trading knowledge and technologies in sports-betting business.

“The potential in sports is huge. The more legal it becomes, the more legal money that’ll flow into the pockets of the people who control the back-end infrastructure, as well as the front end,” David Rothschild, an economist at Microsoft Research said.

Just weeks before Nasdaq’s announcement, Interactive Brokers Group Inc. launched a simulated sports betting platform that allows users to place bets on real games using virtual credits provided by the company. The company is using the platform as a tool to convince users to open up brokerage accounts, as they can win up to $1000 in actual commission credits through the simulated platform.

With their announcements, Nasdaq and Interactive Brokers become the latest Wall Street institutions to dive headfirst into sports betting.

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