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WagerTalk Adds Rick Allec to Ownership Team

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wagertalk WagerTalk Adds Rick Allec to Ownership TeamReading Time: 2 minutes

 

WagerTalk, the largest sports betting content provider in the world, has added Gold Sheet owner Rick Allec to its ownership team.

With over three decades of experience in the sports betting industry, Allec has not only worked on both sides of the counter, he has provided services and information to both.

“I have deeply respected Rick as an operator and executor for 15 years,” said WagerTalk President Lawrence Prezman. “There is no more talented, trustworthy, connected and genuinely nice guy than Rick.”

After working with some of the world’s largest bookmakers in the 1980s, Allec partnered with a betting group and was a daily regular at the Stardust opening line lottery, battling with the largest betting groups in the United States for a chance to bet the earliest lines.

As sports betting became mainstream, Allec moved into software development and created programs to help sports books manage their accounting, player tracking, and risk assessment.

In 1999, Allec joined the Don Best team and managed the release of their flagship odds products. Using his broad experience in the industry, Allec guided Don Best through massive growth, leading to one of the largest acquisitions in the space at that time.

In 2007, Allec founded SportsOptions and quickly grew the company into a force in the line service industry. With a reputation for the fastest updates, SportsOptions became a must-have tool for sports books and sports bettors around the world.

In 2017, SportsOptions merged with Don Best, and the SportsOptions software became the undisputed industry standard. SportsOptions was later acquired by Scientific Games, a multi-billion dollar global gaming company.

“Rick built two of the most respected brands in the sports gambling space: Don Best and SportsOptions,” Prezman said. “He will now be putting his experience, connections and brain power towards building the Gold Sheet. WagerTalk has the best team assembled in this industry, and Rick has made us even better.”

Founded in 1957, The Gold Sheet is the country’s longest-running sports betting newsletter. Each week, the Gold Sheet team delivers analysis on all NFL and college football games, along with key NBA and college basketball matchups. WagerTalk recently announced its intent to acquire The Gold Sheet.

“I have watched WagerTalk grow from a small, unknown website to one of the largest sites in the industry at an amazing pace,” Allec said. “Their growth is a testament to the skill and experience of the entire team, and the incredible customer service delivered to their clients.”

Founded in July 2015, WagerTalk’s team of writers, handicappers, and personalities create sports betting content from across the globe. The brand’s YouTube channel has generated 5.9 million views for its weekly sports betting videos. WagerTalk produces a daily radio show from ESPN Las Vegas, and publishes a series of almost-daily podcasts.

“Having worked with Johnny, Lawerence, and Marco for over a decade, I am excited to have the opportunity to bring the Gold Sheet into the WagerTalk group and expand on the synergies between our companies,” Allec said.

 

Source: WagerTalk


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: WagerTalk Adds Rick Allec to Ownership Team

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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New Jersey Governor Signs Bill which Allow Golden Nugget to Take NBA Bets

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9-10 New Jersey Governor Signs Bill which Allow Golden Nugget to Take NBA BetsReading Time: 1 minute

 

New Jersey Governor Phil Murphy has signed a bill which allows the Atlantic City’s Golden Nugget casino to accept bets on most National Basketball Association (NBA) games.

Tilman Fertitta, a billionaire from Texas, is the owner Golden Nugget casino. He also owns the NBA’s Houston Rockets team. When New Jersey lawmakers legalised sports betting last year, a provision in the law banned team owners from placing or accepting bets on any games involving their sport.

“We’re grateful, and appreciative that people eventually realized this was an overreaction. It allows us to compete,” Steve Scheinthal, general counsel for the Golden Nugget’s parent company, Houston-based Landry’s Inc., said.

The ban on all NBA bets cut badly into the Golden Nugget’s New Jersey sports betting business. A gambler wanting to place bets on football at the Golden Nugget had to go somewhere else to bet on basketball, making it much less likely he or she would visit the Golden Nugget at all for sports betting.

“It was like going into a boxing ring with one arm tied behind your back. You just can’t compete that way. It gave everyone a year’s head start on us,” Scheinthal said.

 


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 Governor Signs Bill which Allow Golden Nugget to Take NBA Bets

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ESA Expresses Discontent with Recommendation of the UK’s DCMS to Regulate Loot Boxes Under Gambling Act

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8-12 ESA Expresses Discontent with Recommendation of the UK’s DCMS to Regulate Loot Boxes Under Gambling ActReading Time: 1 minute

 

Entertainment Software Association (ESA) has expressed discontent with the recommendation of the UK’s Department of Digital, Culture, Media and Sport to regulate loot boxes under the Gambling laws.

Following an investigation on loot boxes, the UK Department for Digital, Culture, Media and Sport’s (DCMS) parliamentary committee termed loot boxes as gambling and called for immediate measures to protect the children by regulating them under gambling laws.

In a statement, the ESA said that they take seriously the issues raised in the UK Parliament’s Digital, Culture, Media and Sport Committee report but strongly disagree with its findings.

“As demonstrated by the recent announcement of policies regarding the disclosure of the relative rarity or probability of obtaining virtual items in paid loot boxes, as well as the robust parental controls that empower parents to control in-game purchases, the video game industry is a leader in partnering with parents and players to create enjoyable video game experiences.”


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: ESA Expresses Discontent with Recommendation of the UK’s DCMS to Regulate Loot Boxes Under Gambling Act

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Kentucky AG Andy Beshear Reveals Plan for Casinos, Sports Betting Across State

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7-9 Kentucky AG Andy Beshear Reveals Plan for Casinos, Sports Betting Across StateReading Time: 1 minute

 

Andy Beshear, the Democratic candidate of Kentucky gubernatorial election, has unveiled his plan to expand gaming and bring casinos, sports betting, fantasy sports and potentially online poker into the Bluegrass State.

Beshear, the state’s current Attorney General, faces Republican incumbent Gov. Matt Bevin in the November general election. Bevin has spoken out against gaming, especially as an option to increase funding for public pensions.

Beshear’s plan resembles what Illinois officials pushed through in their state earlier this year. While Illinois already had casino gaming, the new law expands the number of casino licenses available and allows sports betting across the state. Illinois plans to use the revenue stream to shore up the state’s infrastructure and fund pensions.

Kentucky is one of the 10 states in the US without a commercial or tribal casino. The border states of Kentucky such as Illinois, Indiana, and Ohio have casinos or racinos located just across the Ohio River near major population centres in Kentucky. Beshear said that the state loses out on $500 million in tax revenue annually to its neighbouring states.


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: Kentucky AG Andy Beshear Reveals Plan for Casinos, Sports Betting Across State

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