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SBTech Partners with New Jersey-Licensed Continent 8 to Expand Across the US

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In the post-PASPA land-grab, SBTech has secured multiple top-tier domestic partners in both online and on-property sports betting in what is unquestionably the world’s largest untapped betting market. Success has been driven by the adaptability of SBTech’s products, demonstrated by the varying approaches of the group’s new US partners across multiple states. Coupled with the recent recruitment of several of the industry’s most experienced and credible names, 2019 promises to be another exceptional year for SBTech.

Supporting this unprecedented growth, SBTech continues to entrust Continent 8 Technologies as its global datacentre and connectivity provider. In 2018, Continent 8’s US multi-state capacities increased to include Mississippi, Nevada, New Jersey, Pennsylvania, and West Virginia, with upcoming locations in New York and Ohio. Continent 8’s seamless suite of hosting, security and network managed services is primed for those immediately entering the sports betting market in the US and planning further growth as the landscape evolves.

As Richard Carter, CEO, SBTech, said, “We have made an excellent start in the US since the market went live in August last year, securing a series of key strategic partnerships across regulated states, with many more to come as other states begin to open. We have an excellent relationship with Continent 8, and they will be a major partner of ours as the market continues to evolve and we continue to expand across the country.”

Michael Tobin, CEO, Continent 8 Technologies, shared his insights on the partnership with SBTech, stating, “We are delighted to support SBTech’s rapid growth, particularly in the ever-changing US landscape. Continent 8 has been licensed and operating in New Jersey since 2014 and continues to add creative US offerings. Spring 2019 will see the delivery of our independent, licensed data centre in the state-owned Atlantic City Convention Center. This neutral hub will be connected to our global network and rapidly evolving US multi-state presence, offering our full range of industry leading services. This is an exciting time for sports betting in the United States. We are confident our dynamic, evolving solutions will enable SBTech and others to prosper in this growing market.”

 

SBTech provides award-winning omni-channel sports betting and gaming solutions and a full range of management services to 45 global partners. Defined by technical excellence and informed by deep market knowledge, SBTech’s innovative solutions deliver competitive edge and rapid growth for all its clients. For more information visit www.sbtech.com.

Continent 8 Technologies is an award-winning, multi-jurisdictional global network solutions provider that connects, manages, and secures the world’s most valuable information. Its advanced data centres and high-quality networks support critical online operations in both private and public-sector organisations in over 40 locations across Europe, Asia, and the Americas. For more information visit www.continent8.com.

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: SBTech Partners with New Jersey-Licensed Continent 8 to Expand Across the US

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The Stars Group 2019 Investor Day Webcast Details

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The Stars Group Inc.  will host an Investor Day in New York City on Wednesday, March 27, 2019 at 8:00 a.m. ET.  Presentations by members of executive management are expected to conclude at approximately 12:00 p.m. ET.

This event will be webcast live at approximately 8:00 a.m. ET and can be accessible via the Internet through http://www.webcasthd.com/tsg

Presentation slides will be posted prior to the start of the event to www.starsgroup.com under The Stars Group, Investor Relations, Financial and Corporate Information.

 

About The Stars Group:

The Stars Group is a provider of technology-based product offerings in the global gaming and interactive entertainment industries. Its brands have millions of registered customers globally and collectively are leaders in online and mobile betting, poker, casino and other gaming-related offerings. The Stars Group owns or licenses gaming and related consumer businesses and brands, including PokerStars, PokerStars Casino, BetStars, Full Tilt, BetEasy, Sky Bet, Sky Vegas, Sky Casino, Sky Bingo, Sky Poker, and Oddschecker, as well as live poker tour and events brands, including the PokerStars Players No Limit Hold’em Championship, European Poker Tour, PokerStars Caribbean Adventure, Latin American Poker Tour, Asia Pacific Poker Tour, PokerStars Festival and PokerStars MEGASTACK. The Stars Group is one of the world’s most licensed online gaming operators with its subsidiaries collectively holding licenses or approvals in 21 jurisdictions throughout the world, including in Europe, Australia, and the Americas. The Stars Group’s vision is to become the world’s favorite iGaming destination and its mission is to provide its customers with winning moments.

SOURCE The Stars Group Inc.

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: The Stars Group 2019 Investor Day Webcast Details

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Studies find links between loot box spending and problem gambling

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New research has proved that there is a strong link between problematic gambling behaviours and spending money on loot boxes.

The results of the research are published in the journal PLOS One as two studies. The results indicate that people who spend more money on loot boxes are also more likely to be unable to keep their gambling habits in check.

“Loot boxes are extremely widespread. A recent analysis we did showed that they may feature in as many as 63% of mobile games. They’re extremely profitable, too: They’re estimated to have perhaps generated as much as $30 billion in revenue in 2018,” said study author David Zendle of York St. John University.

“They’re also highly worrying — there are clear parallels between loot boxes and potentially harmful activities like gambling. Given their prevalence, importance, and the lack of literature on them, I think a good question is ‘Why weren’t more people running these studies?’”

The researchers had 1172 gamers complete psychological surveys regarding problem gambling and loot box spending.

The participants all reported regularly playing at least of one of ten popular games that feature loot boxes: Player Unknown’s Battlegrounds, League of Legends, Hearthstone, Overwatch, Counter-Strike: GO, FIFA 18, Rocket League, DOTA 2, Team Fortress 2, and Tom Clancy’s Rainbow Six Siege.

“There is a link between loot box spending and problem gambling. However, we’re not sure if this means that loot boxes literally cause problem gambling, or if it means that people who are already problem gamblers spend significantly more money on loot boxes. In either case, though, it doesn’t look socially beneficial.”

On average, the participants reported spending $19.58 on loot boxes in the past month. But some had spent up to $2300.

The study replicates the finding of previous research conducted by Zendle and published in 2018. That study, which examined 7422 gamers, found that people with more severe gambling problems tended to spend more on loot boxes.

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Studies find links between loot box spending and problem gambling

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NESN starts telecast of sports-gambling show

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NESN, the television home of the Boston Bruins and Boston Red Sox, and VSiN (Vegas Stats & Information Network), started the telecast of VSiN’s Follow the Money morning show on March 18. It will be shown on NESNplus every weekday morning from 7 a.m. to 10 a.m. ET.

Follow the Money, a three-hour show offering valuable betting information, with a lace of humour and entertainment, is hosted by Mitch Moss and Paul Howard.

“NESN has long been a leader in regional sports television, and there is no better partner to reach sports fans throughout New England,” said Brian Musburger, founder and CEO of VSiN. “As regulated sports betting expands across the country, VSiN will continue to partner with innovators like NESN to help inform the rapidly growing number of Americans wagering on sports.”

In the coming days, the show will include expert insight and analysis around March Madness, the annual NCAA basketball tournament which got underway on Tuesday.

“Sports-wagering regulations are changing quickly and with these changes, we anticipate an increased interest in obtaining relevant and reliable sports information,” said Rick Jaffe, NESN’s vice president of programming and production. “VSiN has both the experience and expertise to deliver the most up-to-date gaming data and analytics to New England’s sports fans.”

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: NESN starts telecast of sports-gambling show

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