Connect with us
SIS

Gambling in the USA

Bet.Works Appoints Jay Rood As Chief Risk Officer

George Miller

Published

on

Bet.Works Appoints Jay Rood As Chief Risk Officer
Reading Time: 2 minutes

 

Bet.WorksTM  a US-based iGaming and sportsbook platform supplier, announced today that Mr. Jay Rood has joined the company as Chief Risk Officer.

Mr. Rood is a legendary Las Vegas gaming executive and sports betting innovator with over 25 years of experience in sportsbook operations.

Mr. Rood has had a storied career in gaming and sports betting which began in Lake Tahoe working for Caesars back in 1992. 

Mr. Rood joined MGM when it opened in December 1993 as a ticket writer and worked for the operator for over 25 years ultimately overseeing all of MGM’s sportsbooks including ten in Nevada, two in Mississippi and one in New Jersey as the expansion of sports betting has swept across the USA following the PASPA repeal in 2018.

Mr. Rood joins Bet.Works at a pivotal moment in US sports betting history as more than 30 states are expected to legalize Sportsbooks over the next 12 24 months.

Sixteen states have already passed legislation as eight states are live with eight states pending launch. The US sports betting market is estimated by Morgan Stanley to be approximately $400 billion and is comprised of an estimated 44 million US citizens who wager annually. 

Bet.Works’ Founder/CEO, David Wang, said: I had the privilege of working with Jay in the past and his 25 years of sportsbook operations will help take the company to the next level.

“There is no one more qualified to lead our organization as we deploy in more states in the coming months. Jay and our in-house Las Vegas-based trading and risk team will oversee all of the brands on the Bet.Works platform with a significant emphasis into advanced in-play wagering via our technology platform.”  

Jay Rood, Chief Risk Officer at Bet.Works, said: “I am excited to be joining a group of extremely experienced and talented individuals at Bet.Works focusing on servicing the emerging sports betting industry with unique and powerful technology and a team that has extensive knowledge in the US betting market.

“David Wang’s vision and drive is contagious, and I believe he has positioned Bet.Works to be the provider of choice for gaming operators looking to enhance their offering to their guests.”

 

Gambling in the USA

Global Gaming Expo Announces Las Vegas Event Cancellation

George Miller

Published

on

Global Gaming Expo Announces Las Vegas Event Cancellation
Reading Time: 2 minutes

 

Global Travel Restrictions, Uncertain Guidance Prompt Show Organizers to Eliminate All In-Person Elements

The American Gaming Association (AGA), with partner Reed Exhibitions, formally announced the cancellation of the Global Gaming Expo (G2E), the gaming industry’s top global event. The show’s organizers are committed to facilitating economic, education, and networking opportunities for the global gaming industry through a series of virtual G2E events throughout the rest of the year to better reflect the current environment. G2E was scheduled to take place October 5-8, 2020; the next in-person edition of the Global Gaming Expo (G2E) will take place October 4-7, 2021 at the Sands Expo and Convention Center.

“In light of continued uncertainty around a viable marketplace at a physical G2E show, global travel restrictions, and currently unknown guidance on large public gatherings this fall, we have come to the unfortunate conclusion that we simply cannot hold an in-person G2E this year,” said AGA President and CEO Bill Miller. “Health and safety have always been our top priority and the uncertainty created by the ongoing pandemic makes this the prudent decision ahead of critical deadlines for exhibitors planning to participate.”

For 20 years, G2E has welcomed nearly 30,000 attendees annually from across the globe, including executives representing key industry partners such as the Association of Gaming Equipment Manufacturers, as well as the world’s top casino operators, sports betting companies, and FinTech and digital payments facilitators, among others.

“We arrived at this decision after thoughtfully engaging with national, state, and local public health authorities, as well as exhibitors and buyers who have shared industry observations and priorities. Ultimately, it became clear that proceeding with an in-person gathering simply was not feasible,” said Hervé Sedky, Reed Exhibitions Americas President.

“It is our commitment to use G2E’s platform, as the leading convener of the global gaming community, to continue to deliver unparalleled education content, inspiring collaboration, and innovative ideas as the industry readies for continued growth,” added Sedky.

“As the country works to reopen, the American gaming industry continues to adapt and provide the safest possible experience for our employees and customers while continuing to support the communities in which we operate. We look forward to the moment when we can convene together again with our colleagues from across the world and celebrate the resilience that our industry is known for,” concluded Miller.

The event organizers will announce plans for virtual events and education in the near future.

Continue Reading

Gambling in the USA

FlowPlay Crosses $250,000 Milestone in Funds Raised for American Cancer Society

George Miller

Published

on

FlowPlay Crosses $250,000 Milestone in Funds Raised for American Cancer Society
Reading Time: 2 minutes

 

FlowPlay, creator of one of the most powerful immersive gaming platforms, announced that its Vegas World in-game fundraisers have surpassed $250,000 raised for the American Cancer Society (ACS). This news comes on the heels of FlowPlay’s most recent campaign, which generated $55,000 for ACS Hope Lodge facilities. This year’s momentum has built upon FlowPlay’s record fundraising year in 2019, when its players helped raise upwards of $100,000 for ACS’s Road To Recovery and Reach To Recovery programs and also extended support to local organizations Crooked Trails and the Seattle Theatre Group.

During the month of May, 2020, FlowPlay offered a virtual ACS Hope Lodge-branded charm in the company’s flagship connected game, Vegas World, which was available for players to purchase. The funds raised helped ACS open the doors of Hope Lodge facilities which had been temporarily closed due to COVID-19 to frontline health care workers. As Hope Lodge communities prepare for reopening to cancer patients and caregivers, additional safety precautions must be instituted. Building modifications, increased cleaning processes, and new necessary supplies such as PPE are adding one-time costs of approximately $350,000 making funding for these facilities especially critical during this unprecedented time.

“I’m always blown away by the ongoing generosity and support our Vegas World community has for the American Cancer Society,” said Derrick Morton, CEO, FlowPlay. “Today marks a major milestone for FlowPlay and ACS, but the needs continue to grow. As our players keep showing up to help those who need it most, I’m hopeful we can continue to make a major impact both in our own backyard and beyond.”

“We are extremely grateful to Vegas World players and FlowPlay for their generosity helping the American Cancer Society to continue to save lives,” said Howard Heino, American Cancer Society Vice President, Hope Lodge Operations & Facilities Management. “Like many organizations, the Society is facing unimaginable challenges to its fundraising. Without companies and individuals stepping forward to help, more lives will be lost to this disease that one in three people will face throughout their lives. Thank you for your critical support.”

To donate to the American Cancer Society, please visit: http://cancer.org/donatelocal.

Continue Reading

Gambling in the USA

Royal River Casino selects Table Trac’s Table Games Management System

George Miller

Published

on

Royal River Casino selects Table Trac's Table Games Management System
Reading Time: 2 minutes

 

Table Trac, Inc., a developer and provider of casino information and management systems that automate and monitor the operations of casinos, announced it will provide its Table Games Management System for the Royal River Casino located in Flandreau South Dakota.

“Our property is excited to partner with Table Trac to continue to improve our operations. We identified a clear need to upgrade our player tracking and accounting capabilities in our table games department.  Accordingly, after reviewing the majority of the systems available, CasinoTrac was a clear winner for our property,” said Tim Morrissey, Senior Director or Operations at Royal River Casino & Hotel. “Our Executive Team was extremely impressed with the ease of operation for the front-end user of the system. We also see future value in the dynamic nature of the CasinoTrac System to integrate with our current systems while leaving the door open to add additional module in the future.” Morrissey added that “In addition to the CasinoTrac system providing the functionality the property was looking for, the CasinoTrac Team approached the property as a partner, looking to solve our problem and be part of the long-term success of the property, something we are always looking for in our vendors.”

“Royal River Casino had a unique set of requirements.  They communicated exactly how they wanted to approach the solution, we listened and were able to demonstrate how they could utilize features in the CasinoTrac system to accomplish those objectives,” said Table Trac’s Chief Executive Officer, Chad Hoehne who added, “Table Trac, Inc. is happy to be partnering with Royal River for these system solutions.”

Table Trac will provide the Royal River Casino with a complete suite of table games management products that assists casinos in driving player revenues and creating player loyalty, which are included standard with every Table Trac Table Games Management System.

 

SOURCE Table Trac, Inc.

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.

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.