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ICOx Innovations Announces Launch of sBetOne Inc., to Develop Opportunities for Celebrity-endorsed Branded Digital Currencies in Golf Betting and eSports Betting for US Regulated Markets

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ICOx Innovations Announces Launch of sBetOne Inc., to Develop Opportunities for Celebrity-endorsed Branded Digital Currencies in Golf Betting and eSports Betting for US Regulated MarketsReading Time: 2 minutes

 

sBetOne Advisory Board includes key industry leaders including Gabe Hunterton 
(Bellagio, City of Dreams Casino Macau, Starwood Casino) 
and Advisors with over $1 Billion in exits in online gambling companies

ICOx Innovations Inc., which designs, builds and manages branded digital currencies so organizations can grow their businesses by attracting, engaging and retaining customers, announced today that sBetOne Inc., its subsidiary, has established its inaugural Advisory Board and Board of Directors and is developing opportunities for branded digital currencies and blockchain platforms for the US regulated online gambling market.

sBetOne’s initial focus will be on celebrity-sponsored golf sports betting and eSports betting markets, which are targeted to be two of the fastest growing sports betting markets benefiting from the opening of state-by-state gambling regulations in the US.

sBetOne features

  • Digital wallet and currency development for Celebrities and Brands driving lower transaction costs and stronger customer data management for brands involved in sports betting
  • Digital wallet and branded currency for reduced friction to wager and transact online for end users in a compliant regulated environment
  • Making sports betting more socially entertaining for fans and the celebrities / brands they follow
  • Enabling sports betting to become more mainstream with peer-to-peer (P2P) and freemium (free-to-play) games

sBetOne’s Board of Advisors and Board Members include

  • Gabriel Hunterton – sBetOne Board of Advisors, former Property President City of Dreams Casino and Hotel Macau, former COO Galaxy Macau and former CEO of iTeam fantasy sports
  • David Flynn – sBetOne Board of Advisors, former CEO VeraJohn.com, former CCO NYX Gaming (sold to Scientific Gaming for $500M), and former Head of Poker Network at Ongame (sold to BWIN for $500M)
  • Ashley Sandyford Sykes – sBetOne Board of Advisors, former Exec. Vice President Digital Games for Scientific Games, former Head of Microgaming Quickfire casino platform, and former Head of Business Unit at OpenBet (sold for $250M)
  • Aaron Wagner – sBetOne Board of Directors, founder Wags Capital
  • Rick Dugdale – sBetOne Board of Directors, an American Film producer and President/CEO Enderby Entertainment, a film and television production company
  • Cameron Chell, sBetOne Chairman, ICOx Innovations Chairman and Co-Founder

“We are excited to announce our new Advisory Board for sBetOne Inc. This group of internationally renowned experts in the regulated online gaming space will help us to craft winning strategies in the US online gambling market which Deloitte forecasted to grow from $4.9B to $287B in the next 5 years due to new state by state legislation. sBetOne will leverage the ICOx platform for celebrity-sponsored, branded digital currencies in this high growth market, offering lower cost transactions and new brand-wide data-driven loyalty and rewards models.”, said ICOx Innovations President Bruce Elliott.

Gabe Hunterton, former Property President City of Dreams Casino and Hotel Macau and former National Director of Marketing for Bellagio Las Vegas, noted, “Sports betting in the US is going mainstream. As it becomes a much more widely accepted form of entertainment, I believe the market is massively undervaluing the mid to long term value that will be created in this exciting and regulated sector. I look forward to helping the sBetOne team with its clear product, marketing and regulatory focus which will be positioned to win in the long term.”

The sBetOne sports betting platform is being developed to include regulated sports betting, peer-to-peer betting (P2P), sports betting tournaments and freemium/play-for-free options, all with advanced geo-fencing, know-your-customer (KYC), anti-money laundering (AML), money transmitter business licensing (MSB) regulatory requirements and branded digital currencies as permitted.

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: ICOx Innovations Announces Launch of sBetOne Inc., to Develop Opportunities for Celebrity-endorsed Branded Digital Currencies in Golf Betting and eSports Betting for US Regulated Markets

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Chief Information Security Officer Joins Continent 8

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Continent 8 Technologies, the award-winning, multi-jurisdictional global network and cloud infrastructure solutions provider, today announced that Brian Borysewich has joined Continent 8 as Chief Information Security Officer (CISO). Brian will bring four decades of experience in the industry to Continent 8’s Cyber security, network operations, and compliance teams.

Brian is a seasoned cyber security professional and has served in many roles from systems security administrator to the C-level suite. He has empowered Fortune 50 companies to secure their environments, has held leadership roles at both eBay and PayPal at their respective headquarters in Silicon Valley USA, as the principal cybersecurity architect.

Brian’s experience includes over 15 years within the United States government intelligence agencies. He is a former Black Hat and Anonymous hacker who has since used his experience to provide companies, governments, and educational institutions with methods and techniques to protect valuable assets and data. He has been a keynote speaker and mentor at various security conferences and panels.

“As a global leader that protects some of the world’s most valuable information, we take data security seriously,” said Michael Tobin, CEO of Continent 8. “Brian has been globally recognized as a cyber security practice leader. His accomplishments and leadership have helped companies and governments around the world protect both brand and financial resources. I look forward to working with him in these challenging, but exciting times, as businesses and nations enter ever increasing Cyber security attacks in size and velocity.”

Additionally, Brian has extensive expertise in iGaming, which will assist Continent 8 in serving its wide range of clients in that industry. A pioneer in early online gaming, he provided gaming site technology as early as 1995, when the first customers bet before the flurry of regulation. He served for four years as IGT’s Global Operations Solutions Delivery Architect and Manager.

Brian’s arrival supports the company-wide dedication to security that strives to keep client data safe, secure, and private across the global network and public cloud infrastructure on a regional, national, and global level.

Continent 8 is an award-winning, multi-jurisdictional global Cloud infrastructure solutions provider that connects, manages, and secures the world’s most valuable information. Its advanced data centers and high-quality networks support critical online operations in both private and public-sector organizations in over 50 locations across Europe, Asia, and the Americas.

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: Chief Information Security Officer Joins Continent 8

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Greece to Raise Tax Rates on Online Gambling

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The Ministry of Development in Greece has introduced a new proposal, which raises the costs for online gambling operations.

Permits for iGaming operations will cost €3 million (sports betting) or €2 million (online casino and poker). Greece demands online gambling licensees to pay a 35% tax on their gross gaming revenue.

Greece is soon to feature a casino resort. Two operators have already bid for the construction and operation of the facility.

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: Greece to Raise Tax Rates on Online Gambling

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Veikkaus Appoints New Supervisory Board Members

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Veikkaus, the gambling monopoly in Finland, has appointed new supervisory board members to amplify and raise the responsible gambling standards.

There are a total of 28 members on the board. 13 members are representatives of various political parties and 13 representatives of Veikkaus’ stakeholders. There are two representatives from Veikkaus’ employees. The board would be led by chair Jukka Gustafsson and vice-chair Jani Mäkelä.

The first six months of 2019 have not been great for the state-run Finnish Gambling monopoly Veikkaus. In its financial report, Veikkaus has posted a 6% decline in overall turnover during the first six months of 2019.

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: Veikkaus Appoints New Supervisory Board Members

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