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Spin Games goes live with Inspired Entertainment

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The company’s remote gaming server technology launched with Inspired Entertainment within New Jersey’s iGaming market.

 

Spin Games announced the deployment and launch of Spin Games’ ROC™ RGS with world leader in Virtual Sports, Inspired Entertainment, within New Jersey’s iGaming market. The launch is significant for Spin Games, as it is another deployment of the company’s latest version of its Remote Gaming Server, named ROC 3TM and is an industry first, through the integrating of Inspired’s Virtual Sports technology and game offerings.

Virtual Sports allow players to bet on Random Number Generated (RNG) animated sports events, and already is a highly lucrative segment in the European market. At launch will be five different sports selections from Inspired’s portfolio of games including:  soccer, horse racing, car racing, dog racing and motorcycle racing.

Kent Young, CEO of Spin Games, stated: “Inspired Entertainment’s choice of our ROC 3 technology as the backbone for the Inspired Virtual Sports deployment in New Jersey iGaming, is a landmark achievement for Spin Games. The launch is further evidence of our commitment to enhancing our RGS functionality and providing proven winning content offerings, within Social and Real Money iGaming markets. Our partnership and deployment with Inspired Entertainment, further enhances our premier position of providing premium custom and third party content to the global iGaming market.

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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California to compete with Las Vegas

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Casino operators in California are investing in the business to be able to compete with Las Vegas.

 

Casino operators in the State of California are innovating the market to strengthen its potential and be able to compete with the neighbouring city of Las Vegas, the most renowned gaming hub of the country. According to a recent study, 27 percent of tourists in Las Vegas come from the state of California.

Therefore, local native tribes that operate casinos in the region decided to further invest in innovative gaming services for residents and boost the regional economy. The operators are planning to improve current casino services by adding “integrated resorts, complete with shops, restaurants, spas and various other entertainment activities.

Katherine Spilde, director of Sycuan Institute on Government Gaming at San Diego State University, explained: “The tribes are really responding to a mature tourist market.” And added: The integrated resort is the evolved model of gaming where the gaming is just one part of the larger experience.

Meanwhile, the Soboba Band of Luiseno Indians has recently held a pre-inauguration event celebrating the upcoming casino in California. The ceremony was held last Monday and authorities lifted white beams containing the signatures of tribal members, casino employees and construction workers to the top of the frame of the six-story hotel.

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Gambling in the USA

Pollard Equities Limited to support Scientific Games/NYX Gaming merger

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Canadian investment firm, Pollard Equities Limited has announced it has reached an agreement with NYX Gaming Group and Scientific Games Corporation to support the proposed acquisition of NYX by Scientific Games for $631m. 

A shareholders meeting to discuss the proposed acquisition is scheduled for the 20 December in Las Vegas, Nevada.

The acquisition can proceed if a majority in number of NYX shareholders present and voting, either in person or by proxy, represent at least 75% in value of the NYX ordinary shares held by those NYX shareholders present and voting, either in person or by proxy (excluding those shares already held by Scientific Games) or by a simple majority of the votes cast by the holders of NYX ordinary shares.

At present Pollard Equities Limited owns 8,621,300 ordinary shares of NYX and 4,000,000 warrants having upped its number of warrants last month in a CDN$120,000 deal bringing its potential stake in NYX Gaming up to 11.2%.

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Great Canadian Gaming and Clairvest win casino operations deal

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A partnership between gaming developers Great Canadian Gaming Corporation and the Clairvest Group have been awarded a licence to operate and develop four casino properties in Toronto.

The facilities, all owned by the Ontario Lottery and Gaming Corporation and known collectively as the West GTA bundle include: Casino Brantford, the slots at Mohawk Racetrack, the slots at Flamboro Downs and the slots at Grand River Raceway.

Under the terms of the deal, Great Canadian will own 55% of the partnership and run the operations, while Clairvest, a private equity firm, will hold the remaining 45%.

As a result of this award, the partnership will acquire all the gaming assets in the West GTA Bundle and will enter into leases for each of the facilities. The deal also gives them the exclusive right to operate the facilities for a minimum of 20 years.

In total the facilities comprise over 2,500 slot machines, approximately 60 table games, employ more than 1,400 staff, and generated approximately $450m in gross gaming revenue in the 2017 financial year.

This latest deal follows a similar award of the rights to operate the East GTA bundle of properties (Woodbine racetrack in Toronto, Ajax Downs and the Great Blue Heron Casino in Port Perry) to a consortium led by Great Canadian Gaming Corporation and Brookfield Business Partners LP in August.

In a statement announcing the award, Great Canadian Gaming’s President and CEO Rod N. Baker said: “Being awarded the West GTA Bundle is a true milestone for Great Canadian and the Partnership. We thank OLG for their confidence in our company and for providing us the opportunity to showcase and apply our gaming, racing, hospitality and development expertise to the selected properties.

Jeff Parr, Co-Chief Executive Officer and Managing Director of Clairvest Group Inc added: “We are thrilled that OLG has selected the Partnership as the service provider for the West GTA Bundle. Together with Great Canadian, we are confident in our ability to deliver a unique and spectacular gaming and entertainment experience at the four properties within the bundle.

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