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DraftKings Applies for Sports Betting License in New Jersey

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Leading the Pack, DraftKings Prepares to Enter $150 Billion National Sports Betting Market

 

DraftKings Inc. announced that the company has officially applied for a state license to offer sports betting in New Jersey. Its application for a Casino Service Industry Enterprise License has been “accepted for filing” by the New Jersey Division of Gaming Enforcement (DGE), marking a key step towards licensure and further demonstrating DraftKings’ leadership position in the sports betting market.
“The New Jersey DGE has been on the leading edge of creating a smart, consumer-focused sports betting framework in the Garden State,” said Tim Dent,

Chief Compliance Officer and Chief Financial Officer at DraftKings. “We are working with New Jersey officials toward a public rollout of a DraftKings sports betting product.

DraftKings recently announced it selected Resorts Casino Hotel as its New Jersey casino licensing partner, satisfying an expected regulatory requirement for the company to offer an online sports betting product in the state. With plans to leverage its state-of-the-art technology, prominent sports entertainment brand and more than 10 million registered customers, DraftKings is poised to become a major player in the estimated $150 billion sports betting market.

Beginning well before May’s Supreme Court decision, DraftKings has been steadily building a world-class internal sportsbook team. DraftKings also announced today that Karl Gambin has joined the company as Director of New Jersey Gaming Operations based out of its new office in Hoboken, NJ. Gambin will lead DraftKings’ compliance, customer and regulatory activities in the state. The company will continue to expand its local operation and is currently recruiting for a dozen additional positions based in the Hoboken office.

 

About DraftKings:
DraftKings is an innovative sports-tech and media entertainment platform changing the way consumers engage with their favorite sports, teams and athletes by bringing fans closer to the game. DraftKings, headquartered in Boston, MA, offers daily and weekly fantasy sports contests across ten professional sports in the U.S., Canada, United Kingdom, Malta, Germany, Ireland, Austria and Australia. Founded in 2012 by Matt Kalish, Paul Liberman and Jason Robins, DraftKings makes sports better and better sports fans by creating the ‘Game Inside the Game.’

 

Source: DraftKings

Source: European Gaming Media and Events

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Industry News

Bryke launches Link King in Spain

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Bryke, the video slots brand of Zitro, the famous  Luxemburg-based gaming company, has launched its highly successful flagship product in Spain: Link King, a unique and innovative type of game that is not like any other games available in Spain.

Link King offers impressive new features: 4 spectacular levels of progressive jackpots that are frequently granted through the bonus game, increasing the chances of winning. In addition, prizes are linked between terminals, raising their value and the player’s excitement. Spanish players can enjoy a different way of playing never before seen in Spain and already present in the best casinos in the world.

The staging of LINK KING is impressive thanks to the new FUSION cabinet that stands out due to its advanced technology and “Ultra Slim” design, occupying less space than any other piece on the market and offering the player greater comfort.

The combination of LINK KING and FUSION will transform Spanish lounges into a game show that will appeal to both the operator and player, just like what’s happening in international markets.

Source: Latest News at European Gaming Media

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RTG launched a new game, called I, Zombie

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RTG Asia, the Philippines-based gaming company, has launched a new game called I, Zombie, which is a five-reel, 25 line game. It features Amy, a gorgeous zombie killer.

“The zombie epidemic continues, but now it’s taken a personal toll: Nancy has turned! Her beautiful blue eyes have gone red, her carefully manicured nails have grown into claw-like things. She might be the WORST kind of zombie — still so sexy, so attractive, so deadly. You have to see her! And, as in life, so WILD. And she is your WILD too. You may even see two more her appear and they’ll jump across the reels… not to kill you but to help you win more,” – commented RTG Asia.

“Maybe if she could see herself in the mirror she could change back… would that help? Could that help? It’ll certainly help YOU: when you get three mirrors – the game’s scatter – you get free spins. Get four mirrors and your free spin prize doubles. Five mirrors, it trebles,” it concludes.

Source: Latest News at European Gaming Media

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William Hill US seeks modifications in regulations

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William Hill US has written a letter to the Nevada Gaming Control Board (NGCB) seeking modifications in current regulations so as to eliminate some technical glitches. This is after FanDuel paid out on an erroneous ticket that allowed the ticket holder to win US$82k in New Jersey.

It is learnt that William Hill US mainly asked the power for the Chair to use discretion in rescinding bets where an obvious error had occurred, such as wrong pricing. “This would address the situation that occurred recently in New Jersey where an operator issued a wager on a football game at a price that was obviously incorrect,” reads the letter.

Sylvia Tiscareno, general counsel of William Hill, testified during NGCB’s meeting this week and said that the request comes after several internal discussions. The panel at the meeting decided to consider the testimony before making a decision.

Source: Latest News at European Gaming Media

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