Bill proposes 4 multi-channel wagering permits in Arkanas

first_img4th April 2019 | By contenteditor AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Tags: Mobile Online Gambling Email Address Lawmakers in Arkansas are to run the rule over a new bill that would legalise online and mobile sports wagering in the US state.Introduced by Senator Will Bond, Senate Bill 669 sets out plans for the Arkansas Racing Commission to award up to four sports betting licences to venues across the state, with a limit of one licence per county.Licences will only be awarded to venues located in a county with a population of more than 25,000 people, while the facility must be based at least 75 miles away from the closest casino These licences would cost $1,000 (£758/€890), half of which would be refunded to the applicant should their bid be successful.Venues that secure a licence may also be permitted to partner with an out-of-state vendor in order to offer sports wagering services to consumers in Arkansas. Third-party interactive wagering platforms would be required to pay an annual operation fee of $10,000.Also known as the Athletic Event Wagering Act of 2019, the bill also sets out how operators that secure a licence would face a tax rate of 12.5% of gross in-person sports betting revenue and 13.5% on mobile betting revenue.In addition, the bill includes measures for a so-called ‘integrity fee’ to be paid to sports leagues. Licence holders would pay at a rate of 1% of the amount wagered on the professional or amateur athletic association’s events.Sports betting would be limited to consumers aged at least 18, but players would not need to register in person in order to access mobile or online services.Wagering would be permitted on a wide range of sporting contests, but the bill set outs that betting would not be allowed on WWE wrestling events, Special Olympics events or competitions sanctioned by the American Kennel Club.The bill has been put forward as Arkansas’ newly-legal casino market launched this week, following approval from voters in November’s mid-term election. Southland Park Gaming and Racing became the first venue to receive a casino licence, and made table games available to the public on April 2.Four casinos are permitted to operate under rules set out by the Arkansas Racing Commission, which were approved by the state Joint Budget Committee’s Administrative Rule & Regulation Review Subcommittee in February. The legislation currently permits in-person sports betting only.Image: Jo Naylor Bill proposes 4 multi-channel wagering permits in Arkanas Lawmakers in Arkansas are to run the rule over a new bill that would legalise in-person, online and mobile sports wagering in the US state, but limit the number of licences to just four. Senate Bill 669 also includes proposals for a so-called ‘integrity fee’ to be paid to sports leagues. Legal & compliance Regions: US Arkansas Topics: Legal & compliance Sports betting Subscribe to the iGaming newsletterlast_img read more

WatchandWager extends HKJC contract to 2022

first_img London-listed Webis Holdings has announced that its advanced deposit wagering (ADW) business WatchandWager has renewed its commingling contract with the Hong Kong Jockey Club.The new three-year agreement, which runs to the end of the 2012-22 racing season, allows WatchandWager customers to bet in the pools offered at Hong Kong’s Sha Tin and Happy Valley racetracks.It continues a relationship that began in 2013, when WatchandWager became the first international ADW operator allowed to offer access to the Happy Valley and Sha Tin pools.Since the partnership was first agreed, WatchandWager has added more than $100m (£78.6m/€88.6m) in amounts wagered to the Jockey Club’s pools.“We are delighted to secure this contract extension with one of the most prestigious racing jurisdictions in the world, the Hong Kong Jockey Club,” Webis chief executive and WatchandWager president Ed Comins said.“The relationship between WatchandWager and the HKJC has benefitted both organizations, and we look forward to promoting their premier races to our customers for many years to come.”The Hong Kong Jockey Club is one of the world’s largest racing operations, with turnover for its 2017-18 season reaching $30bn. Its season includes major championship races such as the Hong Kong Cup, Hong Kong Gold Cup, and the Hong Kong Vase.  AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Regions: China Hong Kong 5th June 2019 | By contenteditor London-listed Webis Holdings has announced that its advanced deposit wagering (ADW) business WatchandWager has renewed its commingling contract with the Hong Kong Jockey Club. Tags: Mobile Online Gambling Race Track and Racino Email Address Subscribe to the iGaming newsletter WatchandWager extends HKJC contract to 2022 Topics: Sports betting Strategy Horse racing Horse racinglast_img read more

Sports betting launches at Arkansas’ Oaklawn Racing

first_img Regions: US Arkansas Casino & games Subscribe to the iGaming newsletter Oaklawn Racing Casino Resort has become the first venue to launch sports betting in Arkansas, the ninth state to begin taking bets since the Professional and Amateur Sports Protection Act was struck down.  Sports betting launches at Arkansas’ Oaklawn Racing Oaklawn Racing Casino Resort has become the first venue to launch sports betting in Arkansas, the ninth state to begin taking bets since the Professional and Amateur Sports Protection Act was struck down. The venue launched legal wagering from July 1, following approval from the Arkansas Racing Commission, within its Race & Sports Book, with self-service betting kiosks to be rolled out throughout the venue.Customers can now bet on a range of sports, with features such as in-play wagering, proposition betting, parlays and futures all available.“We’re excited to now be offering sports wagering,” the venue’s general manager Wayne Smith said. “It’s a new level of entertainment for our guests.”Read the full story on iGB North America. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Tags: Race Track and Racino 2nd July 2019 | By contenteditor Topics: Casino & games Legal & compliance Sports betting Horse racing Email Addresslast_img read more

Covid-19 forces NZ Racing Minister to extend RITA board terms

first_img Tags: Mobile Online Gambling OTB and Betting Shops Race Track and Racino Subscribe to the iGaming newsletter Covid-19 forces NZ Racing Minister to extend RITA board terms New Zealand’s Minister for Racing Winston Peters has extended the terms for the directors of the body overseeing a root-and-branch overhaul of the country’s racing industry until 30 June, 2021.The Racing Industry Transition Agency (RITA) was due to be dissolved from 1 July this year, when point the Racing Industry Bill, which was filed in December 2019, had been due to come into effect.However progress on that bill – the second part in a two-step process that saw the Racing Reform Act implemented from 1 July 2019 – has stalled as the country’s lawmakers focus on responding to the novel coronavirus (Covid-19) pandemic.As RITA is likely to be in force for a longer than anticipated period, its directors’ terms will now end once the Racing Industry Bill is enacted, or on 30 June 2021, whichever comes first.The directors will therefore be able to continue to work on developing and strengthening governance and operational structures of the sector, Peters explained.“It is crucial that the directors continue to offer their extensive expertise and experience during this extended transition period to help make the racing industry both more prosperous and sustainable,” Peters said.“In the long term, when we get all the steps correct, there is no reason why racing in this country cannot be a viable, world class industry.”The Racing Industry Bill establishes TAB NZ as the sole racing and sports betting provider in New Zealand, as well as forming the Racing Integrity Board to ensure all competitions under its control are free from corruption.It is the second part of a two-stage process, with the Racing Reform Act implementing a point of consumption tax for offshore operators and overhauling the race fees structure. That act also allowed for RITA’s establishment, replacing the previous governing body, the New Zealand Racing Board.This process is designed to ensure horse and greyhound racing in New Zealand can be run sustainably and profitably, though the sector has suffered badly from disruption caused by Covid-19.While harness and greyhound racing resumed in May, with thoroughbred racing to follow on 3 July, it’s betting arm the TAB has seen activity plummet. RITA noted that monthly revenue had fallen almost 50% below original forecasts in May, with customer numbers dropping 35%.This in turn saw it lay off 30% of TAB staff, some 230 permanent and part-time positions, and close four betting shops.“We knew from the beginning of the Covid-19 crisis that the racing industry was facing an unparalleled crisis in its history,” Peters said of the disruption caused by the pandemic.“The racing industry is seriously underestimated for its important contribution to our regions and our economy, and getting the reforms right is pivotal to the economic recovery of all of New Zealand.” New Zealand’s Minister for Racing Winston Peters has extended the terms for the directors of the body overseeing a root-and-branch overhaul of the country’s racing industry until 30 June, 2021. 5th June 2020 | By contenteditor Horse racing Topics: Legal & compliance Sports betting Horse racing Regions: Oceania New Zealand AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Email Addresslast_img read more

Blackstone submits Aus$8.02bn acquisition offer for Crown Resorts

first_img Blackstone submits Aus$8.02bn acquisition offer for Crown Resorts The private equity group already owns a 9.99% holding in Crown, having acquired the stake from Asian gaming giant Melco Resorts & Entertainment Limited in April 2020, at a price of $8.15 per share. Crown said it is yet to fully review the proposal and has launched an assessment of the offer, during which it will engage with relevant stakeholders, including regulatory authorities. Private equity group Blackstone Group has put forward an offer of AUS$8.02bn (£4.47bn/€5.21bn/US$6.19bn) to acquire the remaining shares in Australian integrated resort operator Crown Resorts. 22nd March 2021 | By Robert Fletcher AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Owner James Packer was also found to have undue influence on the business given he was not a director, including personally agreeing and executing the sale to Melco without approval from the board. As such, directors were unable to ensure the deal was not in breach of Crown’s Barangaroo licence. The inquiry concluded that the evidence regarding money laundering alone was enough to determine that Crown was not a suitable holder of the Barangaroo licence. M&A Subscribe to the iGaming newsletter However, it may still be permitted to operate the venue if it institutes certain changes. However, the deal gave rise to allegations about the businesses in the Australian press, which led to the New South Wales Independent Liquor & Gaming Authority launching an inquiry into Crown. Crown has appointed UBS as financial adviser and Allens as legal adviser for the acquisition proposal. The inquiry was intended to examine whether Crown was a “suitable” licensee for a new integrated resort at Barangaroo in Sydney, and if not, what changes would be required to make it suitable.center_img The operator added that its shareholders do not need to take any action at this stage, saying there is no guarantee the offer will result in a transaction. The inquiry went on to find evidence of money laundering, both through the accounts of subsidiaries owned by Crown and at Crown’s own facilities. Tags: Crown Resorts Blackstone Email Address The Authority also looked into whether Melco was suitable for its status as a close associate and whether the deal was a breach of the Barangaroo licence. Recommendations put forward by the Authority included that Crown continue to avoid dealing with junkets unless they are licensed by the Authority, while Packer should stop “remote manoeuvring”, referring to his practice of effectively running the company despite not sitting on the Crown board. In addition, it was advised that Crown’s board be restructured. Topics: Casino & games Land-based casino M&A Melco had originally agreed to purchase a 19.99% stake in CPH Crown Holdings in May 2019 for approximately $1.76bn. With the deal to be conducted in two tranches, Melco purchased an initial 9.99% stake soon after it was agreed. Blackstone has offered Aus$11.85 for each share in Crown for 90.1% of shares it does not currently own. Regions: Australia Shortly after the inquiry began, Melco delayed purchasing the second tranche of shares in Crown, then ultimately pulled out, selling the stake that it had already purchased to Blackstone.last_img read more

Pharaoh’s Fortune by IGT PlayDigital

first_imgGame type:Video slotGo-live date (expected):10/06/2021Game special features:– Free spins– Pharaoh’s tomb picker– Retrigger– Guaranteed wins in free spins bonusNumber of paylines:15Number of reels:5×3RTP% (recorded/theoretical):96.53%Variance/volatility:MediumNumber of symbols to trigger feature/bonus?3Can feature be retriggered?YesNumber of free spins awarded?Up to 25Stacked or expanding wilds in normal play?SingleStacked or expanding wilds in feature play?SingleNumber of jackpot tiers?N/AAuto-play function?Yes Topics: Casino & games Slots Subscribe to the iGaming newsletter Slots AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Pharaoh’s Fortune by IGT PlayDigital 8th June 2021 | By Aaron Noy Dance the night away with the Pharaoh as you unearth ancient riches in this blockbuster classic. Party in the pyramid like it’s 1999 B.C. and find your big-win groove in Pharaoh’s Fortune! You can download the First Look Games affiliate pack for Pharaoh’s Fortune here! Email Addresslast_img read more

Sports Business: Real Madrid-adidas in line to ink biggest ever kit…

Filed under: mzclfnje — Tags: , , — admin @ 1:41 pm August 18, 2021

first_img Sports Business: Real Madrid-adidas in line to ink biggest ever kit deal Euro 2020- Switzerland beat Turkey 3-1: Shaqiri’s brace keep Switzerland hopes alive; Turkey face exit from Euros Cricket WTC Final LIVE: Jamieson says, ‘nice and pleasing to get Virat Kohli’s wicket’; Gill feels India could have got more wickets Copa America 2021 COL vs PER LIVE: When and where to watch Colombia vs Peru LIVE streaming in your country, India, Follow live update Cricket by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeSuresh Raina issues statement after arrest, says the incident in Mumbai was ‘unintentional’UndoIPL 2020 : Srikanth and fans slams MS Dhoni, says ‘wasted 15 Cr on Jadhav & Chawla’UndoShahid Afridi’s daughter Aqsa to marry Pakistan quick Shaheen AfridiUndoThe 10-year deal will be the highest ever kit deal for any club across sports. If confirmed, the deal would see Los Blancos surpass Spanish rivals Barcelona’s kit deal with US sportswear giant Nike, which Marca says pays the La Liga champions $96.9 million per annum. The agreement would also make Madrid the highest paid club on the Adidas sponsorship roster, dwarfing the annual $96 million the company currently pays to Premier League stalwarts Manchester United.Also Read: Manchester United denies £4 bn takeover talks with Saudi Crown PrinceThe agreement, which would run from 2020 until 2030 and represent the most expensive kit deal in football, would see adidas pay more than double the annual $59.6 million it committed under its current contract with the La Liga club.The deal would provide a major boost to Madrid’s finances at a time when the club is trying to find ways to fund a multi-million euro redevelopment of their Santiago Bernabéu stadium.On the pitch, Madrid have experienced a dismal start to the La Liga campaign following the departures of manager Zinedine Zidane and Portuguese star Cristiano Ronaldo. The club’s poor form saw new manager Julen Lopetegui sacked after just four and a half months in charge following the team’s crushing 5-1 El Clasico defeat to Barcelona at the end of October.Also Read: Brands find Real Madrid’s Santiago Bernabeu to big a name to associate with! Copa America 2021 VEN vs ECU LIVE: When and where to watch Venezuela vs Ecuador LIVE streaming in your country, India, Follow live update Euro 2020, Italy vs Wales LIVE: Matteo Pessina goal helps Italy beat Wales, finish top of Group A with flawless record; Follow Live Updates TAGSAdidasBrand SponsorshipsManchester UnitedReal Madrid SHARE Football Football Euro 2020 MKD vs NED LIVE, North Macedonia vs Netherlands: North Macedonia to inflict a surprise defeat on Netherlands Football Cricket By Kunal Dhyani – November 6, 2018 Football Football WI vs SA 2nd Test Day 3 Live: South Africa in huge trouble; SA 59/6 (22.3 ov)- Follow Live Updates Spanish football giants Real Madrid must be struggling on the football pitch but on the commercial ground they are tipped to break all records. Real Madrid is reportedly heading to renew their kit partnership with the German sports brand adidas for a record $1.25 billion – highest ever for club football kit sponsorship, according to Marco.The eye-watering figure is also reportedly only a guaranteed amount, and could rise to as much as $171 million per year depending on merchandising. Euro 2020, Ukraine vs Austria: Ukraine to ensure round of 16 berth against Austria, Follow Live Updates RELATED ARTICLESMORE FROM AUTHOR WTC Final LIVE: Devon Conway continues red-hot form, slams fifty to provide New Zealand dream start YourBump15 Actors That Hollywood Banned For LifeYourBump|SponsoredSponsoredUndoDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily Funny|SponsoredSponsoredUndoDefinitionTime Was Not Kind To These 28 CelebritiesDefinition|SponsoredSponsoredUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Week|SponsoredSponsoredUndoPost FunThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayPost Fun|SponsoredSponsoredUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStory|SponsoredSponsoredUndo FootballLatest Sports NewsSports BusinessNewsSport WTC Final Day 3 Stumps: India remove Conway and Latham but Kiwis on top; NZ 101/2 (49 ovs) trail by 116 runs Share on Facebook Tweet on Twitter Cricket Previous articleFootball Kit Sponsorships: 500% variation among the top 10 dealsNext articleWorld Junior Badminton: India open campaign with Sri Lanka whitewash Kunal DhyaniSports Tech enthusiast, he reports on Sports Tech industry and writes on sports products. Copa America 2021 Facebook Twitterlast_img read more

UEFA Europa League 2020: Watch Europa League LIVE tonite on…

Filed under: pcvlfqhw — Tags: , , — admin @ 1:38 pm

first_img Queens Club Final: Matteo Berrettini beats Cameron Norrie in final to win title Football Football Euro 2020 LIVE broadcast in more than 200 countries, check how you can watch Live Streaming of EURO 2020 in your country Football SportSport News Facebook Twitter Formula 1 Previous articlePakistan, Zimbabwe players look to improve rankings in upcoming T20I seriesNext articleIPL 2020 MI vs DC Qualifier 1: Mumbai Indians hand Delhi ‘Capital’ punishment, reach 6th IPL final Kunal DhyaniSports Tech enthusiast, he reports on Sports Tech industry and writes on sports products. Football Football ATP Tour UEFA Europa League 2020: Watch Europa League LIVE tonite on SONY at 11:25 PM IST LIVE Streaming, head to head, team prediction, squads, result updates, full schedule, date, India time, venueWhat Time UEFA Europa league 2020, live matches Will begin? TimeUEFA Europa league 2020,  matches Will begin at 11:25 PM IST Euro 2020: Didier Deschamps offers Ousmane Dembele update ahead of Portugal match by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeGrammarlyImprove Your Spelling With This Helpful Browser ExtensionGrammarlyGarena Free Fire Redeem Codes Rewards of 15th June: Easy ways to redeem Free Fire active code check new list of codeFree Fire Redeem Code Rewards of 1st May (today), Step by step guide on how to redeemWhich TV channels will UEFA Europa League 2020 live broadcast?UEFA Europa league 2020, will be telecast on the Sony Picture Network.How do I watch live streaming of UEFA Europa League 2020 matches?The live streaming of the UEFA europa league 2020 match will be available on Sony LIV. You can also catch the live updates on insidesport.coUEFA Europa league 2020, Schedule and kickoff timingsUEFA Europa League 2020 5 Nov schedule5 Nov 2020: H.Beer-Sheva vs Leverkusen -11:25PM5 Nov 2020: .Benfica vs Rangers -11:25PM5 Nov 2020: Slavia Praha vs Nice -11:25PM5 Nov 2020: PAOK vs PSV -11:25PM5 Nov 2020: Ludogorets vs Tottenham -11:25PM5 Nov 2020: Roma vs CFR Cluj -11:25PM5 Nov 2020: Rijeka vs Napoli -11:25PM5 Nov 2020: AC Omonia vs Granda- 11:25PMUEFA Europa League Final Live: LIVE Broadcast DetailsFans can expect nothing less than nail-biting action from all 20 teams from June 20, 2020 LIVE and Exclusive on SONY TEN 2 and SONY SIX channels.Click here for Watch Livehttps://www.sonypicturessportsnetwork.com/sports-details/16/footballClick here for Watch Highlightshttps://www.sonyliv.com/custompage/sports-2245 Football Euro 2020, Italy vs Wales: 3 key battles to watch out for in ITA vs WAL Euro 2020, Italy vs Wales LIVE: Marco Verratti returns and 7 other changes for Italy, check line-up; Follow Live Updates, Euro 2020, Switzerland vs Turkey: Top 5 players to watch out for in SUI vs TUR Football UEFA Europa League 2020: Watch Europa League LIVE tonite on SONY at 11:25 PM IST Euro 2020, Switzerland vs Turkey LIVE: Switzerland to punish hapless Turkey; Follow Live Updates Hollywood TaleHow Victoria Principal Looks At 71 Is HeartbreakingHollywood Tale|SponsoredSponsoredYourBump15 Actors That Hollywood Banned For LifeYourBump|SponsoredSponsoredDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily Funny|SponsoredSponsoredFreight & Shipping Quotes | Search AdsResearch & Compare Freight & Shipping QuotesEnjoy Affordable Freight & Shipping Services With These Service ProvidersFreight & Shipping Quotes | Search Ads|SponsoredSponsoredMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Week|SponsoredSponsoredMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStory|SponsoredSponsored Euro 2020, North Macedonia vs Netherlands: Top 5 players to watch out for in MKD vs NED By Kunal Dhyani – November 5, 2020 RELATED ARTICLESMORE FROM AUTHOR Share on Facebook Tweet on Twitter TAGSLudogorets vs TottenhamLudogorets vs Tottenham LIVERijeka vs NapoliUEFA Europa League 2020UEFA europa league 2020 LIVEWatch Europa League LIVE tonite SHARE Euro 2020, Italy vs Wales LIVE: Gareth Bale issues warning for Italy ahead of crucial fixture – Follow Live Updates Football F1 French GP 2021: Max Verstappen pips Lewis Hamilton to win French GP, Perez finishes 3rd last_img read more