Gambling and Sports Betting News Wire - August 6, 2019
Here are today's headlines in the world of gambling and sports betting as they happen - Tuesday August 6, 2019.
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Licensed NJ Sports Betting Companies Can Now Use AdWords, Affiliates Cannot
Google Adwords began allowing licensed sports betting companies in New Jersey to advertise and, as such, appear on top of search. Other states that license sportsbooks could soon be displaying similar Adwords listings.
From Gambling.com:
Only licensed New Jersey gaming operators are allowed to apply for Google AdWords in New Jersey after the parent company posted its first guidelines for American gambling entities this spring.
Harrison said that, “all who have been granted a license in New Jersey and are operating have applied” and subsequently accepted for the service. He added that Google is currently not accepting applications from affiliates and aggregators.
The process from submission to appearing in searches generally last one to three days for companies such as FanDuel, DraftKings and PointsBet.
Yaniv Sherman, 888’s SVP head of commercial development, told investors during an earnings call that utilizing the service “creates a competitive edge, and it broadens the marketing pie for us to choose from.”
Licensed NJ affiliates will not be able to partake in Google Adwords in the Garden State at this time.
CT Governor Determined to Get Sports Betting Legalized
Connecticut’s two federally recognized tribes have rejected Governor Ned Lamont’s pitch for a grand bargain that would legalize sports betting and place a tribal-owned casino in Bridgeport without litigation from MGM.
The tribes want to construct a casino in East Windsor to compete with MGM Springfield.
“We’ve had ongoing conversations with the tribes since the first day I came into office, either me or my staff doing this,” Lamont told reporters. “Look, let’s face it: the gambling, the internet gambling, the sports betting, that’s all been stuck for many years in the state, and I’m looking around at the rest of the country, I’m looking at our neighboring states and they’re beginning to move ahead. So I’ve got to find a solution that allows us to move ahead.”
Talks are tentatively scheduled to resume later this week.
The question remains whether the Governor will pursue sports wagering with the possibility of a legal fight between the tribes and MGM.
“We’ve had ongoing conversations with the tribes since the first day I came into office, either me or my staff doing this,” Lamont told reporters. “Look, let’s face it: the gambling, the internet gambling, the sports betting, that’s all been stuck for many years in the state, and I’m looking around at the rest of the country, I’m looking at our neighboring states and they’re beginning to move ahead. So I’ve got to find a solution that allows us to move ahead.”
UFC Fight Night 156 Odds: Shevchenko vs. Carmouche 2
The UFC heads to Uruguay and in the main event, champion, Valentina Shevchenko takes on Liz Carmouche while Vicente Luque takes on Mike Perry. #UFCUruguay https://t.co/Mpc9Mq1zcf
— SportsBettingDime (@SBD) August 6, 2019
Betting Operators Join Payments Suppliers for Payment Expert Forum Line-Up
Payment Expert Forum, the only event for payments technology in the online gambling industry, has attracted an impressive speaker line-up that includes senior staff from leading operators such as GVC Holdings, Stars Group, Pinnacle and Betsson Group, and payments solutions suppliers Trustly, SafeCharge, Hipay and Checkout.com.
Organised by SBC in partnership with PaymentExpert.com, the event at Olympia London on Wednesday 18 September is designed to allow suppliers to discuss their latest innovations and for payments professionals from operators to share insights into the sector’s rapidly-changing requirements.
Samuel Barrett, Director of Gaming for Trustly, is to chair the Payment Expert Forum, which he sees as a must-attend event for all stakeholders in the sector: “I’m excited to be chair of what is a key event for the payments industry, with an impressive line-up of speakers drawn from major betting companies and some of the most innovative suppliers. It’s the best opportunity for anyone involved in payments in the online gambling sector to learn about the latest developments and meet professionals from both operators and suppliers.”
Paul Bolton, Head of Payments for GVC Group, said: “The rapidly-changing nature of the payments sector presents operators with many opportunities, but also poses some very real operational challenges. Payment Expert Forum provides the chance for payments specialists to share insights into how to manage that change to ensure compliance with existing and planned regulations, while also helping to deliver a better experience for customers.”
Isabelle Delisle, Head of Payments for Pinnacle, added: “There are a lot of challenges on the horizon for digital payments in the gambling industry, so the timing of the Payment Expert Forum couldn’t be better. It’s the perfect opportunity for the payments sector to connect and share best practice for the future health of the industry.”
Rasmus Sojmark, CEO of SBC, said: “We’ve seen huge interest in the latest Payment Expert Forum from both the online gambling industry and payment technology suppliers, demonstrating that there is a genuine need for this event. The rising number of sponsors, exhibitors and delegates related to the Payment Expert Forum is another exciting development for SBC, as our portfolio of market-leading betting and igaming industry events continues its strong growth.”
The topics for the conference content were selected to focus on the major challenges and opportunities in the industry, with sessions on:
- Betting’s future relationship with fintech
- Payments in emerging markets
- Player authentication automation
- Age verification
- Mobile payments
- The future of cryptocurrencies in the betting industry
- The future of payments and data
The speakers at the event are drawn from a range of key stakeholder groups, with operator representatives such as Paul Bolton (Head of Payments, GVC Group), Jamie Frendo (Head of AML & Risk Operations, Betsson Group), Isabelle Delisle (Head of Payments, Pinnacle), Richard Connolly (Associate Director of Payments Business Development, Stars Group), Paloma Gonzalez (Head of Payments, Vbet), António Veríssimo (VP of Payments, Addison Global / MoPlay) and Joaquim Duarte Silva (Financial Director, Bet Entertainment Technologies).
Payments solutions providers confirmed to speak include Beyza Orazova (Business Development Manager - iGaming, DIMOCO), Umberto Corridori (SVP Sales EU, SafeCharge), Chris Smart (SVP Global Gambling & FX Sectors, Emerchantpay), Simon Dorsen (Director of Gaming, OKTO), Bryan Blake (CEO, Hexopay), Justin Ferrabee (CEO, Mazooma), Andrea McGeachin (Chief Commercial Officer, Neosurf), Marc Wood (Head of Gaming, Pay360), Warren Russell (Chair, Age Verification Providers Association), Tony Allen (Founder & CEO, Age Check Certification Scheme), Stephen Quinn, Group Chief Strategy Officer, OpenPayd), Andrew Clover (CEO, Credis UK), James Baston-Pitt (Senior Business Development Manager, Onfido) and Laurent Reysbosch (VP of Sales, Checkout.com).
Payment Expert Forum takes place at Olympia London on Wednesday 18 September and is part of SBC’s international flagship event Betting on Sports 2019, which runs from 17 - 20 September.
Betting on Sports and the associated CasinoBeats Summit are attended by 3,500 delegates from 60 countries, and feature 300 expert speakers across 13 conference tracks and 120 exhibitors on two exhibition floors. Passes for Payment Expert Forum also give delegates access to Betting on Sports, CasinoBeats Summit and a range of high-quality evening networking events at some of London’s most stylish venues.
Our Free Picks Record August 6
2019 MLB Record: 21-13-2 (61.7%) - No Plays Over -160
2018-19 College Basketball Record: 12-9 (57.1%)
2018-19 NBA Record: 7-5 (58%)
2018 MLB Record: 45-35 (56.2%)
2018 NBA Record: 12-4-1 (75%)
