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GAN Reports Strong March 2019 Internet Gambling Growth For New Jersey

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12-3 GAN Reports Strong March 2019 Internet Gambling Growth For New JerseyReading Time: 2 minutes

 

Total Internet Gaming Win Increased 52.7% from prior year monthly period

 

GAN plc, an award-winning developer and supplier of enterprise-level B2B Internet gaming software, services and online gaming content in the United States, today updated the market following the publication on April 12, 2019 by the New Jersey’s Division of Gaming Enforcement (“DGE”) of Internet gaming and Internet sports betting financial information for the calendar month of March 2019 in New Jersey.

Highlights from the DGE include:

  • Internet Gaming Win was $39.1 million in March compared to $25.6 million in the prior year period, reflecting a year-over-year increase of 52.7%.
  • Total Internet Sports Wagering Handle (1) was approximately $298.3 million for the month of March 2019, up from $259.0 million in February 2019, but slightly down from $305.0 million in January 2019.
  • Internet Sports Wagering Gross Revenues (2) (after payouts) were $24.3 million, up significantly from February’s $12.8 million and January’s $15.5 million.
(1) Gross amount of money accepted in wagers
(2) Internet Sports Wagering Gross Revenues may vary from month to month due to the payouts for future events occurring months after the original wager was made and unredeemed winning wagers from prior months will become deductible upon redemption in future months

This information will be updated and published each month, following publication by the DGE, in order to enable the investor community to readily monitor growth of Internet gambling in New Jersey, which remains a key market for GAN.

 

About GAN Plc:

GAN is a leading business-to-business (“B2B”) supplier of internet gambling software-as-a-service solutions (“SaaS”) to the US land-based casino industry. The Company has developed a proprietary internet gambling enterprise software system, GameSTACK2122-49 GAN Reports Strong March 2019 Internet Gambling Growth For New Jersey, which it licenses principally to land-based US casino operators as a turnkey technology solution for regulated real-money internet gambling, encompassing internet gaming, internet sports gaming and virtual Simulated Gaming. The Company has also launched digital user acquisition & retention marketing in support of the Internet Casino provided by GAN’s Digital Marketing Agency in Tel Aviv, Israel.

GAN is listed on the London Stock Exchange (LSE:GAN) and on Euronext Dublin (Euronext Growth:GAME).

For more information please visit www.GAN.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: GAN Reports Strong March 2019 Internet Gambling Growth For New Jersey

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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VIE.gg Partners with Epsilon to Raise Charity Fund through P2P Esports Betting

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9-12 VIE.gg Partners with Epsilon to Raise Charity Fund through P2P Esports BettingReading Time: 1 minute

 

VIE.gg, a member of the Esports Integrity Coalition, has made a partnership with Epsilon Esports to raise money for charities through P2P esports betting between fans and three Epsilon CS:GO players Teodor “SPELLAN” Nikolov, Kia “Surreal” Man, and Nils “k1to” Gruhne.

Each player has chosen an individual charity to support, with Surreal choosing to donate his winnings to Cancer Research UK and k1to picking Holidays From Cancer. SPELLAN has chosen Teach For Bulgaria.

Several times per week, each of the Epsilon players will place a bet of their choosing on a team that they think will win. At the end of May, all total winnings will be tallied and audited, with final donations being made to each charity.

“This is a fantastic initiative between VIE.gg and our players, and we are extremely proud to take part in helping to make the world a better place. The trio, K1to, Surreal and SPELLAN have chosen to donate their winnings to worthy charities that have important meaning to each of them and I know they look forward with great excitement to challenging esports fans.” said, Gregory Champagne, Chief Executive Officer at Epsilon Esports.

Brian Cordry, Head of Esports at VIE.gg, added, “It’s a pleasure to get to work directly with players that genuinely want to make a difference using our website. Each of these guys coming up with a charity that they want to support shows that they care about giving back to both the local and online communities. I’m excited to see how much money the guys can raise for their great charitable causes.”


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: VIE.gg Partners with Epsilon to Raise Charity Fund through P2P Esports Betting

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Gambling Operators Gets Opportunity to Register Online Casinos in Belarus

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8-13 Gambling Operators Gets Opportunity to Register Online Casinos in BelarusReading Time: 1 minute

 

Belarus has given permission to gambling operators for legally registering an online casino, if appropriate license has been obtained. Legislation currently does not prohibit Belarusians from online gambling on overseas websites. Belarusians also have access to newsletters and information about online casinos.

According to Marina Nevinkaya, the head of gambling department at Belarus’ Ministry of Taxes and Duties, when the transition period ends, restrictions will appear in this field.

“Publishing gambling content aimed at promotion and organising unlicensed online gaming will be illegal beginning with 1 April 2021. Two years after the entry into force of the basic provisions of the decree number 305, access to the websites containing such information, will be limited,” the representative of the Ministry said.

The gambling market of Belarus remains stable. According to the recent data, 106 companies hold gambling business, 94 license holders actually operate. There are 391 gambling establishments in Belarus, including 27 casinos, 176 gaming machine halls and 188 betting offices.


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: Gambling Operators Gets Opportunity to Register Online Casinos in Belarus

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IAG Joins with Alphaslot for FTAF in G2E Asia 2019

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7-13 IAG Joins with Alphaslot for FTAF in G2E Asia 2019Reading Time: 1 minute

 

Inside Asian Gaming, Asia’s leading gaming industry media brand, has announced its involvement in the Financial Technology Asia Forum at G2E Asia 2019, in partnership with forum curator Alphaslot.

The Financial Technology Asia Forum will bring together international industry leaders to share their insights on the challenges and opportunities for FinTech in the gaming entertainment industry. The forum will also examine blockchain technology from the casino operator and supplier’s perspective, including academic implementation, potential use case studies and implications for responsible gaming.

The morning session will be chaired by IAG CEO Andrew W Scott, and the afternoon session will be chaired by VP of International Business for iClick Interactive Asia Kelly Leung.


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: IAG Joins with Alphaslot for FTAF in G2E Asia 2019

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