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Michigan to consider online gambling proposal again

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5-9 Michigan to consider online gambling proposal againReading Time: 1 minute

 

Rep. Brandt Iden has proposed an online gambling bill in the House in Michigan. Senator Curtis Hertel has introduced a companion measure in the Senate. The bills bring online gambling industry into legislative focus once again. The House Regulatory Reform Committee will hear the discussion on this.

The committee has already had a good discussion on the same topic, but it was not subjected to voting. The hearing saw expert testimony take place as well as questions asked by the committee regarding the potential changes to the state’s gambling industry. As it appears now, the state does have potential to see the legislation pass into law.

Iden took time during the meeting to cover three benefits that legalisation can provide. First, he talked about how Michigan can stay competitive. Any proponent will tell you that online gambling is the next step in the gambling industry’s revolution. Without it, Michigan can easily fall behind their competitors.

Iden also pointed out that consumer protections are needed. We all know that players are taking part in online gambling activity and they are doing so in an unregulated market. By providing legalisation and regulation, Michigan can create a safe environment for consumers to enjoy the activity they are already doing.


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: Michigan to consider online gambling proposal again

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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Intralot Enters The Canadian Market Through A New Contract With British Columbia Lottery Corporation

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intralot-bclc Intralot Enters The Canadian Market Through A New Contract With British Columbia Lottery CorporationReading Time: 2 minutes

 

INTRALOT S.A. announces the signing of a contract between BCLC, which operates lottery on behalf of the Government of British Columbia and INTRALOT Inc., its US subsidiary to provide a lottery central system with its novel platform Lotos X, its holistic lottery solution that includes INTRALOT’s cutting edge lottery terminals with their innovative camera based technology along with additional software products, and ongoing maintenance services. The contract is for an initial 5-year term that can be extended up to another 6 years.

BCLC completed a public procurement process for new lottery terminals and software in 2017, and entered into a contract with Novomatic Lottery Solutions (NLS). However, in October 2018, BCLC and NLS agreed to use the contract assignment provision to assign the contract to INTRALOT, which was already working on the project as a provider of terminal hardware.

In January 2019, BCLC conducted a subsequent public procurement process for Gaming Engine Services with INTRALOT as the successful bidder.

Enhancements underway at BCLC include new lottery terminals, stand-alone ticket checkers, printers and display units, as well as the related software systems. Once launched in fiscal year 2021/22, the project will support the evolving needs of retailers and players with a faster purchasing experience, enhanced functionality and a more user-friendly terminal.

The upfront value of BCLC’s contract with INTRALOT for the implementation of the new lottery terminals and systems, and Gaming Engine Services, is CAD 24.5 million and is included in BCLC’s capital budget through to fiscal year 2021/22.

INTRALOT’s Group Deputy CEO, Mr. Nikos Nikolakopoulos commented: “We are pleased to have been awarded by BCLC with a new contract to deliver our next-generation lottery solutions which will drive players’ engagement and transform their playing experience. This agreement represents a significant milestone for INTRALOT entering the Canadian market, offering our industry-leading product portfolio to enable long-term innovation and constant growth, ultimately generating more revenue for the benefit of the Province of British Columbia community”.


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: Intralot Enters The Canadian Market Through A New Contract With British Columbia Lottery Corporation

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AMGO iGaming AB signs purchase agreement to acquire Jetbull, the EveryMatrix B2C brand

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AMGO-Jetbull AMGO iGaming AB signs purchase agreement to acquire Jetbull, the EveryMatrix B2C brandReading Time: 3 minutes

 

EveryMatrix announces that a purchase agreement of €2 million for the acquisition of Jetbull, the EveryMatrix B2C brand, was recently signed with AMGO iGaming AB. Starting 1st of July 2019, AMGO will get full ownership of Jetbull and has already started the transition phase to operate and manage the brand.

Operating on the EveryMatrix white label platform, Jetbull is a strong gaming brand that offers competitive casino and sportsbook. With more than 600,000 registered customers, Jetbull has experienced substantial growth over the last 24 months. Jetbull will continue to be operated under EveryMatrix’s Maltese, UK and Danish licenses.

Ebbe Groes, Founder and Group CEO of EveryMatrix, commented: ”Some B2B companies have their own B2C brands competing with their B2B clients. This has always been against our strategy, and with this transaction, we now completely shut down own brands and we can focus exclusively on our role as a software service supplier for casino, sports, payments, and platform.

To sell our own brand Jetbull to AMGO is an important step for us to continue developing the market’s most competitive online gaming platform and no longer focus on being an operator. AMGO has the right setup for operating multi-brands in different jurisdictions, and we are sure that we will see a huge increase in Jetbull’s reputation as a strong brand in regulated markets.”

Mads Jørgensen, Board member and Director of AMGO, said: “We have enjoyed an excellent working relationship with EveryMatrix, and this agreement will take our partnership to the next level. We are very satisfied with this agreement and have set the strategy and performance targets to generate shareholder value.”

As a former Commercial Director for EveryMatrix and present Group CEO of AMGO, Nicolas Fleiderman, has a good insight into the newly acquired brand: “We have worked on this agreement for a long time and know exactly what synergies we can achieve to accelerate the growth and become more efficient. We have built up a new organisation that will focus on Jetbull and will continue to recruit talented professionals that can improve the performance.”

Viorel Stan, CEO of Jetbull, added: “There is great chemistry between AMGO and the Jetbull organisation and we will do our best to secure a successful transition. This transition will ease Jetbull’s goal of becoming a top player in all regulated markets targeted and continue the consistent YoY growth. EveryMatrix will continue as the main technology provider, and we will make sure that Jetbull is supported with the newest innovations to keep the brand at the forefront of the industry.”

The acquisition price of Jetbull was set at €2 million. €1 million will be paid in cash and €1 million in newly issued AMGO iGaming AB shares at SEK 1.0 which correspond to 10,750,000 shares.

 

About AMGO iGaming:

With 5 fully owned gaming brands to date, AMGO iGaming AB knows what it takes to achieve operational excellence and they take great pride in serving over 500.000 customers. With the rapid change in consumer demands and technologies AMGO strives to do their utmost to earn the customers’ trust, respect and engagement. AMGO has offices and representatives located in Denmark, Malta, Israel, Costa Rica and Latvia.

 

About EveryMatrix:

EveryMatrix delivers a modular and API driven product suite including a market leading one-stop shop casino content aggregator and integration platform, a cross-product bonusing engine, a fully managed sportsbook and sport data services, a stand-alone payment processing product, and a multi-brand affiliate/agent management system.

To offer the services required by operators, the EveryMatrix products work together as an entire platform or independently and can be easily integrated with existing platforms to accommodate different types of clients from bookmakers to lotteries and, from existing large operations to newcomers. Learn more at www.everymatrix.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: AMGO iGaming AB signs purchase agreement to acquire Jetbull, the EveryMatrix B2C brand

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Intralot Exhibits Its Holisting Gaming Solutions Portfolio At The EL Congress 2019

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Intralot-At-The-EL-Congress-2019 Intralot Exhibits Its Holisting Gaming Solutions Portfolio At The EL Congress 2019Reading Time: 3 minutes

 

INTRALOT, as a leading gaming solutions supplier to regulated operators around the globe, is exhibiting at the 10th European Lotteries Congress that will be held on May 26-29, 2019 in Antwerp, Belgium joining the B2B gaming professionals to explore “The Success of Chance” and discover the significant role that “Chance” plays in the industry. We will be happy to welcome you in our booth #P1 where we will be showcasing our next-generation holistic Lottery and Betting Solutions that meet players’ modern needs and offer responsible gaming and entertaining experience.

“INTRALOT, based on its strategic approach “The Intelligent Future of Gaming”, has invested extensively in the development of next-generation gaming products and services designed to answer all the digital transformation questions for Lotteries, reveling INTRALOT’s comprehensive digital transformation strategy in a multiconnected world,” said Chris Sfatos, INTRALOT Group Deputy CEO.

INTRALOT’s innovative Lottery and Sports Betting Solutions focus on a holistic approach that involves cross-platform and cross-vertical infrastructure, fast go-to-market functionalities along with a modern touchpoint philosophy and reduced costs of ownership. Lotos X is the most advanced, future-proof, and fully parametrical Lottery Platform. It enables lottery operators to design, configure, and implement their entire gaming offering as well as their planned portfolio expansion. Game and draw lifecycles are managed and monitored through a fast, real-time process, achieving minimum time-to-market and an unprecedent simplification of lottery operators’ day-to-day activities. It offers a true omni-channel experience to the end user, satisfying every channel’s specific need. Lotos X is designed following the notions of innovation, flexibility and scalability, expected to shape next-generation player experiences.

Leveraging more than 25 years of worldwide, in-field experience and an industry-leading portfolio of 29 sports betting projects and operations, INTRALOT developed INTRALOT Orion, its next-generation, feature-rich and versatile sports betting platform. INTRALOT Orion sits at the heart of a holistic Sports Betting Solution that incorporates managed trading services and a wide portfolio of terminals, both for the player and for the retailer, tailored to the needs of each sports betting operation. The platform serves the entire player journey across channels with a rich set of bet features, while it enables parametrization of the sports betting content and differentiated risk management on a per-channel basis.

INTRALOT Orion and Lotos X can be optionally enhanced with CMS marketing tools and PAM platforms, which carry the latest security and transparency features, KYC and geo-fencing, and payment provider integration capabilities. INTRALOT’s Managed Trading Services empower the Lotteries to align their pricing strategy with superb Risk Management and add value to their Sports Betting offerings.

During the EL Congress INTRALOT will host the promotional game “Next Chance” that will take place from Monday May 27th to Tuesday May 28th. We are inviting you to come by our booth, guess the number of balls inside the Lotos X, and have a chance to win a DJI Drone. The winner will be announced prior to the exhibition closing.

In addition, on Monday May 27th Maria Stergiou, Group Chief Sales and Operations Officer, INTRALOT will participate in the CEO Panel discussion from 14:45 to 15:45 hrs at the Queen Elisabeth Hall, while Nicklas Zajdel, Group Chief Digital & Sports Betting Officer, INTRALOT will be speaking in the Premium Partner Sessions about “A pathway to Omni-channel” from 16:30 to 16:45 hrs. at the Atrium.

 

About INTRALOT:
INTRALOT, a public listed company established in 1992, is a leading gaming solutions supplier and operator active in 47 regulated jurisdictions around the globe. With €0.9 billion turnover and a global workforce of approximately 5,200 employees (3,000 of which in HQ and subsidiaries and 2,200 in associates) in 2018, INTRALOT is an innovation – driven corporation focusing its product development on the customer experience. The company is uniquely positioned to offer to lottery and gaming organizations across geographies market-tested solutions and retail operational expertise. The company has designed a new ecosystem of holistic omni-channel solutions across verticals (Lottery, Betting, Interactive, VLT) for Lotteries digital transformation. INTRALOT has been awarded the prestigious WLA Responsible Gaming Framework Certification by the World Lottery Association (WLA) and the WLA certificate for the Security Control standard.


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: Intralot Exhibits Its Holisting Gaming Solutions Portfolio At The EL Congress 2019

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