September 28, 2022

September 28, 2022

Elys granted approval for DC nightclub sportsbook

Gaming technology provider Elys Game Technology has been granted approval by Washington DC local government for a white-label joint venture with the Ozio Lounge, a Mediterranean-themed nightclub.

The business formerly known as Newgioco has agreed to launch a joint venture with District Hospitality, the club’s operator, and will trade under the BetDupont LLC name. The agreement has an initial term of three years from the date the licence is issued – with inbuilt provisions for two anticipated extensions of two years each.

The deal is subject to regulatory approval from the DC Office of Lottery and Gaming (DCOLG) – and would be the third white label retail sportsbook opened by the business in the city, having engaged in similar deals with the Grand Central Restaurant and Sportsbook, which has been completed and the Cloakroom Gentlemen’s Club, which is awaiting regulatory confirmation.

Elys executive chairman Michele Ciavarella placed the deal in the context of the business’ wider US s..

September 28, 2022

DAZN eyes betting expansion with Eleven deal

Worldwide sports platform DAZN Group has entered an agreement to acquire the global sports media businesses of Eleven Group to support its betting expansion plans.

Financial terms of the deal were not disclosed, but DAZN said the purchase would expand its live sports streaming capabilities in markets around the world and add approximately $300.0m (£281.5m/$314.1m) in revenue per year to its business.

DAZN said that should the acquisition go ahead, the addition of Eleven to its business would support its wider plans to grow its betting operations.

In recent months, DAZN has made a series of announcements supporting its betting business. Last month, the company soft launched the beta product of the DAZN Bet sports betting venture in the UK.

First revealed in April, DAZN Bet is powered by technology from Pragmatic Play, and is being led by Mark Kemp, formerly chief executive of BoyleSports.

The move into the world of betting came after DAZN last year hired Shay Segev – formerly chief..

September 28, 2022

How lotteries can leverage their scale in sports betting

Across the globe, state lotteries have opportunities to move into sports betting, but doing so will create new challenges that only a few may be capable of addressing. How can they go about creating a thriving sportsbook? By Jari Vähänen

On a global scale, lotteries are a diverse group of companies. There are huge differences between the operators, with very few unifying features.

Jari Vähänen

Broadly speaking, the common thing that binds them is their exclusive right to run lottery games. Yet when looking at the World Lottery Association’s membership, not all companies even have this monopoly position. However, in this article, I will focus on lottery companies that operate at scale, namely state lotteries.

Lotteries as a monopoly

The term “state lotteries” refers to the fact that these companies were originally under the direct control of the state and sold lottery games. Most lotteries originally sold scratchcards and lotto (or draw-based games). It is only in the past three d..

September 28, 2022

GBGB hits out at “misguided” calls to ban greyhound racing in Britain

The Greyhound Board of Great Britain (GBGB) has criticised calls from three animal charities to ban all forms of greyhound racing in Britain, describing the approach as “ill-conceived” and “misguided”.

The chief executives of the RSPCA, Blue Cross and Dogs Trust issued a joint statement urging an end to greyhound racing as soon as possible, suggesting a phase-out over a period of five years to allow the racing industry and animal welfare organisations to plan and coordinate the care of dogs affected.

The charities said in some parts of the UK, such as in Wales where there is just one track, it is expected that the phase-out period needed would be significantly shorter and racing could end sooner.

Referencing data from the GBGB, the body governing licensed greyhound racing in Britain, the charities said over 2,000 greyhounds died and nearly 18,000 injuries were recorded from greyhound racing between 2018 and 2021, while more dogs were injured on independent tracks.

As such, the char..

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Daily Archives: September 28, 2022