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New Jersey Sports Betting Shows February Strength, According to PlayNJ.com Analysts

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NJ-Sports-Betting New Jersey Sports Betting Shows February Strength, According to PlayNJ.com AnalystsReading Time: 2 minutes

 

New Jersey’s sportsbooks took in more than $320 million in February bets, generating strong monthly revenue despite a short month and a predictable post-Super Bowl lull. In all, New Jersey’s online and retail sportsbooks netted $12.7 million in revenue on $320.4 million in sports bets, down 16.8 percent from a record $385.3 million wagered in January.

The February handle works out to $46 per adult resident of New Jersey, significantly larger than any other legal sports jurisdiction, other than Nevada.

“Because of the strength of New Jersey’s online product, in-play betting during the Super Bowl was significantly stronger in New Jersey than in other legal markets,” said Dustin Gouker, lead sports betting analyst for PlayNJ.com. “In addition, New Jersey’s sportsbooks saw significant action on other sports, particularly on college basketball and the NBA. It adds up to another very good month for New Jersey even after a somewhat disappointing Super Bowl handle.”

New Jersey’s online sportsbook brands accounted for $258.9 million, or 80.8 percent, of total bets in January, according to official reporting. The state’s retail sportsbooks made up the remaining 20.2 percent. That compares to 79.2 percent of total bets flowing through online sportsbooks in January.

New Jersey’s sports betting market is less driven by major events than in Nevada, and February’s numbers bear that out,” Gouker said. “The market’s consistency will eventually help New Jersey overtake Nevada as the largest legal sports betting market in the U.S., which is now more a question of when rather than if.”

FanDuel Sportsbook/Pointsbet overtook DraftKings Sportsbook as the state’s dominant online sportsbook with $6.6 million in February gross revenue, up from $5.9 million in January. DraftKings Sportsbook fueled Resorts’ $3.7 million in February online gross revenue, down 46 percent from $6.9 million in January.

FanDuel Sportsbook at The Meadowlands continues to dominate the retail market, posting $1.5 million in February gross revenue, up from $1.2 million in January. FanDuel was followed by Resorts AC’s $142,846.

“DraftKings and FanDuel show few signs of relinquishing their top spots,” Gouker said. “But with football now over, it will be interesting to see if a change in focus to college basketball and Major League Baseball alters the dynamic in the coming months.”

LEGAL ONLINE CASINOS

A month after crossing the $30 million threshold for monthly revenue for the first time, legal online gambling generated $31.8 million in February, up 44 percent from $21.99 million in February 2018. Though monthly revenue was down from a record $33.6 million in January, the industry generated $1.1 million per day in the 28 days of February, even with the 31 days in January.

New Jersey’s online casinos are among the biggest beneficiaries of legalized sports betting,” said Steve Ruddock, lead online gambling analyst for PlayNJ.com. “Online casino revenue has grown by at least 25 percent in seven of the eight months since online sportsbooks made their first appearance in the Garden State. It would not be surprising if the industry hits $40 million in monthly revenue at some point before 2019 has ended.”

 

About the PlayUSA.com Network:
The PlayUSA.com Network and its state-focused branches (including PlayNJ.com and PlayPennsylvania.com) is a leading source for news, analysis, and research related to the market for regulated online gaming in the U.S.

 

Source: PlayNJ.com


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: New Jersey Sports Betting Shows February Strength, According to PlayNJ.com Analysts

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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eSports and Gaming Platform Zengaming Signs with AU10TIX for 2nd Generation ID Authentication & Onboarding Automation

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zengaming eSports and Gaming Platform Zengaming Signs with AU10TIX for 2nd Generation ID Authentication & Onboarding AutomationReading Time: 3 minutes

 

AU10TIX will power eSports and gaming Social Network, Zengaming (Zen Gaming) with automated forensic-level forgery, counterfeiting and collateral risk detection in customer-submitted ID document images, as well as retrieving ID document content required for KYC.

Zengaming has chosen AU10TIX following comparative testing against other solutions, where AU10TIX 2nd generation technology has detected image manipulations that other systems failed to detect. AU10TIX technology is already used by major brands in a broad range of markets and geographies also thanks to a proven superior ability to handle borderline quality images, hence increasing customer conversion rates. AU10TIX solution portfolio includes all essential building blocks of customer onboarding in KYC regulated markets. These include the handling of ID documents, biometric Selfie-to-ID face matching with advanced anti-spoofing Liveness detection, identity data verification and PEP/Sanction screening, etc. AU10TIX also offers clients SDKs that can improve the capturing of ID documents and faces at a level suitable for forensic-level authentication.

“We chose AU10TIX technology first and foremost based on its superior ability to detect sophisticated fraud that others failed to detect,” says Jimi Gecelter, CEO of Zengaming: “The gaming industry is continuously threatened by sophisticated fraud attempts, which is why we put effective fraud protection at the top of our priorities. When put to the test, AU10TIX 2nd generation technology has proven clear superiority, detecting more fraud and converting customer submitted images to workable onboarding records. We are now able to offer our customers with the strongest fraud protection, while making onboarding much faster and simpler.”

“We are happy to welcome Zengaming to our growing family of clients,” says Ron Atzmon, Managing Director of AU10TIX: “We are also happy to have proven yet again better than any other solution in a challenging head to head shootout. AU10TIX BOS is deployment-ready for eSports and gaming, already demonstrating its ability to combine better fraud protection and regulatory compliance, while improving operating efficiency, saving costs, and streamlining customer experience.”

“Gaming, eSports and related markets are seeing ever increasing threat from fraudsters. At the time, regulatory demands increase, and operating efficiency becomes a competitive edge,” says Ofer Friedman, VP Marketing of AU10TIX: “This is a technology designed for the new types of fraud Gaming sees. Especially genuine-stolen-Personal-Data based Photoshop-ed counterfeits that can pass conventional ID “Verification” solutions, let along back office examination. AU10TIX 2nd generation technology whose roots are in solutions for airport security and border control, has been designed from the onset for deeper fraud protection. It goes forensic, it is 100% automatically, and at it does so with response times similar to what standard solutions take to extract data and run logical-only checks. Actually, Zengaming is now powered with the same technology that powers the best equipped global players.”

 

About Zengaming:

Zengaming is a gaming company founded in 2015, set out to create products that will bring value to eSports enthusiasts and gamers worldwide. Zengaming’s most recent product Lootbear.com is a one of its kind virtual item marketplace that enables users to rent virtual items from each other for a fixed monthly price. This innovative idea makes virtual items accessible for everyone, gamers no longer need to spend hundreds of dollars on in game items, now they can rent them for just a fraction of the price. The product was released last year and already has over 10M hours of rented items and hundreds of thousands of users. Lootbear is the fastest growing marketplace in gaming and the only that offers rental service.

 

About AU10TIX:

AU10TIX Limited, a fully owned subsidiary of ICTS International N.V, deals with the authentication and digitization of identifying documents including Passports, identity cards, driving licenses and other complementary identifying documents. The company specializes in implementing hardware & software based applications used for scanning, identifying, content retrieval, authentication and validation of identifying documents. AU10TIX is a pioneer of all-channel (front-end and online) ID authentication and processing solutions. The company’s products drastically reduce identifying document-based fraud, reducing the costs associated with client processing and enabling effective regulatory compliance, while making the sales and support operations speedier and considerably more efficient.

For more information, visit www.au10tix.com

 

Source: AU10TIX


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: eSports and Gaming Platform Zengaming Signs with AU10TIX for 2nd Generation ID Authentication & Onboarding Automation

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Italy’s Adv Ban, Gaziano (SKS365) At Amsterdam’s IGB Live!:Coming Back To The Product Is The Way”

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Francesco-Gaziano-of-SKS365 Italy’s Adv Ban, Gaziano (SKS365) At Amsterdam’s IGB Live!:Coming Back To The Product Is The Way”Reading Time: 2 minutes

 

SKS365’s CMO and Country Manager spoke in day 2 of Gioco News meeting, outlining the possible reaction lines of operators and affiliates a few days after the official ad ban in Italy: “If you have a good product it will work by itself. About the affiliates: less promotion, more information.”

A special focus was dedicated to the “Italy case”, after the recent official entry into force of the ban on all forms of advertising and sponsorship related to the world of betting.

Francesco Gaziano, Chief Marketing Officer and Country Manager Italy of SKS365, was among the speakers about this issue: “We found ourselves in front of a very brief and synthetic legislative norm, for which the following interpretation brought about by AGCOM produced in turn, very wide scoped guide lines. Thus far, though – Gaziano added – We still remain in a phase of substantial passiveness of the market, both from Operators, affiliates and editorial groups whom are yet perusing and exploring further possible alternatives. The confusion generated by this overall approach only feeds huge uncertainty and instability, with grave repercussions on an industry that employs over 60 thousand people. At a time when the product cannot be promoted, all that remains is the product itself, to speak for itself, for this I believe that If you have a good product it will work by itself, and for sure word of mouth is not forbidden by the law.”

The new scenario also concerns affiliates, on which Gaziano has focused in an attempt to identify a possible road to renewal: “In this context it goes without a doubt that our affiliates face an important business opportunity, as they will basically represent the only means of exposing the legal gaming offer to the public. In such a scenario – CMO added – it becomes clear that our affiliates will need to operate a transformation evermore oriented towards an informative and comparative nature, not just related to betting odds but the overall gaming offer as well as and not just limited to the products, but also addressing the customer’s consciousness in all of protection and safety tools like self exclusion, the ban on underage gaming and so forth.”

During his speech, Gaziano focused also on SKS365 commitment about the law: “We are perfectly aware that in order to maintain a joyful yet safe gaming experience, our customers still need to receive coherent informations pertinent to offers, instruments and rules. We are also perfectly aware that our communication needs to feature messages freed of all promotional elements. The overall approach is of complete compliance to the law, whereas extreme caution in our corporate and commercial communication takes the front seat.”

 

About SKS365:
SKS365 Group is an authorized sport betting and gaming operator, one among the leaders in the Italian betting market, whereitoperates under the Planetwin365 brand. The passion for sports, driven by principals of transparency and security with the goal of creatingvalue for the Entertainment industry are allelementsthat SKS365 offersits clients to furtherdevelop the gaming experience and expand business opportunities for all commercial partners.

Through the Planetwin365 brand, SKS365 offers a unique and diversified gaming experienceboth online – via the Planetwin365.it website – and offline, through a retail network of 1000 shops allaround the Italian territory.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Italy’s Adv Ban, Gaziano (SKS365) At Amsterdam’s IGB Live!:Coming Back To The Product Is The Way”

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SNICKERS and NBA 2K League Announce Partnership

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snickers-nba-2K-league SNICKERS and NBA 2K League Announce PartnershipReading Time: 1 minute

 

Who’s hungry?

NBA 2K League’s new partner SNICKERS has got you covered!

The NBA 2K League and SNICKERS® have announced a partnership that makes Snickers the Official Chocolate Bar of the NBA 2K League. Beginning from last Friday on the NBA 2K League’s live Twitch and YouTube broadcast and social media channels, the NBA 2K League will pick the SNICKERS® “Hungriest Player to Watch” – the player who has the most on the line that night and the most to prove. This activation will take place each game night for the rest of the 2019 season, including the 2019 NBA 2K League Playoffs and Finals, which tip off Wednesday, July 24.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: SNICKERS and NBA 2K League Announce Partnership

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