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MGM GVC Interactive Announces Sportradar As An Exclusive Supplier Of U.S. Sports Data

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MGM GVC Interactive Announces Sportradar As An Exclusive Supplier Of U.S. Sports DataReading Time: 4 minutes

 

Sportradar, the global leader in analyzing and leveraging the power of sports data, today announced an agreement with MGM GVC Interactive LLC, the joint venture between MGM Resorts International (NYSE: MGM) (“MGM Resorts”) and GVC Holdings PLC (LON: GVC) (“GVC”), to be its exclusive provider within the United States of sports betting data from certain US sports leagues which Sportradar has the right to distribute. MGM GVC Interactive was formed in July 2018 to engage in the new opportunities created by the recent Supreme Court decision overturning the federal Professional and Amateur Sports Protection Act, or PASPA.

“MGM and GVC are leaders in the sports betting landscape, and we are proud to be their provider for US sports data,” said Neale Deeley, VP Gaming Sales, Sportradar. “We have been preparing for the opening of the US market for some time now with an across the board ramp up of our US sports betting offering and we are delighted with this endorsement from MGM and GVC that all the hard work is delivering what world class betting operators are looking for.”

The agreement covers a wide range of pre-match and live betting services along with bet stimulation content such as live match trackers. It is the latest development in a longstanding relationship which is built on trust and collaboration.

Adam Greenblatt, MGM GVC Interactive’s CEO commented, “We have a clear and simple objective; to provide our US customers with the best and broadest range of betting products in the market. Sportradar is a great partner to help us get there, enabling us to offer a huge spectrum of US sports events while leveraging off our global portfolio.”

 

ABOUT SPORTRADAR:
Sportradar is the leading global provider of sports data intelligence. The nexus between sports and entertainment, the company serves leagues, news media, consumer platforms and sports betting operators with deep insights and a suite of strategic solutions to help grow their businesses. Sportradar is the trusted partner of more than 1,000 companies in over 80 countries and serves as the official partner of the NBA, NFL, NHL and NASCAR as well as FIFA and UEFA. It is also the only provider entrusted to work with the US sports leagues in an official capacity to distribute sports data (NBA and NHL) and AV rights (MLB) around the world for betting purposes. The company monitors and delivers insights from more than 400,000 matches annually across 60 sports categories, having developed the industry’s most proficient software while setting new standards for speed and accuracy. With deep industry relationships, Sportradar is not just redefining the sports fan experience; it also safeguards the sports themselves through its Integrity Services division and advocacy for an integrity-driven ecosystem that is fair to partners, players and fans. For more information, visit www.sportradar.com.

ABOUT MGM RESORTS INTERNATIONAL
MGM Resorts International (NYSE: MGM) is an S&P 500® global entertainment company with national and international locations featuring best-in-class hotels and casinos, state-of-the-art meetings and conference spaces, incredible live and theatrical entertainment experiences, and an extensive array of restaurant, nightlife and retail offerings. MGM Resorts creates immersive, iconic experiences through its suite of Las Vegas-inspired brands. The MGM Resorts portfolio encompasses 28 unique hotel offerings including some of the most recognizable resort brands in the industry. Expanding throughout the U.S. and around the world, the company in 2018 opened MGM Springfield in Massachusetts, MGM COTAI in Macau, and the first Bellagio-branded hotel in Shanghai. The 81,000 global employees of MGM Resorts are proud of their company for being recognized as one of FORTUNE® Magazine’s World’s Most Admired Companies®. For more information visit us at www.mgmresorts.com.

ABOUT GVC HOLDINGS:
GVC Holdings PLC is one of the world’s largest sports betting and gaming groups, operating both online and in the retail sector. The Group owns a comprehensive portfolio of established brands; Sports Brands include bwin, Coral, Crystalbet, Eurobet, Ladbrokes and Sportingbet; Gaming Brands include CasinoClub, Foxy Bingo, Gala, Gioco Digitale, PartyCasino and partypoker. The Group owns proprietary technology across all of its core product verticals and in addition to its B2C operations provides services to a number of third-party customers on a B2B basis. GVC acquired Ladbrokes Coral Group plc on 28 March 2018 and is now the UK’s largest high street bookmaker, with over 3,500 betting shops. The Group, incorporated in the Isle of Man, is a constituent of the FTSE 100 index and has licenses in more than 20 countries, across five continents.

Statements in this release that are not historical facts are “forward-looking” statements and “safe harbor statements” within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and/or uncertainties, including those described in MGM Resorts’ public filings with the SEC. MGM Resorts has based forward-looking statements on management’s current expectations and assumptions and not on historical facts.  Examples of these statements include, but are not limited to, statements regarding any expected benefits to be achieved as a result of the agreement. Among the important factors that could cause actual results to differ materially from those indicated in such forward-looking statements include effects of economic conditions and market conditions in the markets in which the joint venture operates and competition with other sports betting and online gaming platforms, risks relating to gaming operations, permits, licenses, financings, approvals and other contingencies in connection with growth in new or existing jurisdictions and additional risks and uncertainties described in   MGM Resorts’ Form 10-K, Form 10-Q and Form 8-K reports (including all amendments to those reports). In providing forward-looking statements, MGM Resorts is not undertaking any duty or obligation to update these statements publicly as a result of new information, future events or otherwise, except as required by law. If MGM Resorts updates one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those other forward-looking statements.

 

Source: MGM Resorts International


Source: Latest News on European Gaming Media Network

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Poland to fight against tax crimes

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Poland to fight against tax crimesReading Time: 1 minute

 

A law has been prepared by the Ministry of Justice, which allows effective counteracting organised crime, especially tax crime, illegal circulation of alcohol, cigarettes and electronics or illegal gambling. This is done by the amendment of the Penal Code prepared in the Ministry of Justice.

The new law aimed at criminals who are cheating on taxes, duties or excises.

Revenues from VAT to the state budget in 2017 increased by PLN 30 billion, which is by almost a quarter compared to the previous year. This is more than all year spending on the “Rodzina 500+” programme.

The next action is far-reaching changes in the Penal Fiscal Code. They are necessary because the obsolete law (the Penal Fiscal Code Act has not undergone a deeper amendment for 10 years) means that huge amounts instead of, for example, social purposes go to the pockets of criminals who cheat on taxes, duties or excises.


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: Poland to fight against tax crimes

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£5,000 cash up for grabs for predicting if Altior wins or loses at Ascot

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£5,000 cash up for grabs for predicting if Altior wins or loses at AscotReading Time: 2 minutes

 

Matchbook, the sponsors of Saturday’s Clarence House Chase at Ascot, are running a competition on Saturday that will give racegoers a chance to win a £5,000 cash prize by predicting whether Altior wins or loses in the Grade 1 contest.

In a competition designed to engage and educate punters about the benefits of betting with an exchange, punters will either chose to receive a blue lanyard (back bet) or a pink lanyard (lay) which will carry a unique number on.

If Altior wins, the “backers” are in for a chance to win; if Altior loses, the “layers” are in for a chance to win. Matchbook will then draw the lucky number and the correct number and correct colour wins the £5,000 cash prize.

The competition will take place on the ground floor of the main grandstand at Ascot racecourse.

Competition details:

  • Upon arrival, promo staff will hand out blue (Back Bets) and pink (Lay bets) Matchbook branded lanyards to racegoers inside the course gates
  • Lanyards will have a clear pocket which will contain a card. Each card will have a unique number (0001-1000 tbc) and details of how they can win a cash prize of £5000. Card will also have details on Matchbook and our social media handles
  • 18+ only
  • To enter, users will have to come to the Matchbook stand with their unique number, enter it, along with their email address on a dedicated screen before the Clarence House Chase(CHC)
  • The competition will be based on the favourite in the Clarence House Chase winning or losing. If the favourite wins, all the people who have registered with blue(back) lanyards are in the draw for the £5k. The pink (layers) will be out as the favourite won. And the opposite if the favourite doesn’t win
  • Matchbook staff will also have lanyards to give out to visitors at the Matchbook stand
  • Once the last race (16:05) is over, all eligible entrants will come to the Matchbook stand for the big draw.

 

Matchbook is a peer-to-peer betting exchange designed for smart bettors who want better value, deeper liquidity and exceptional customer service. We’re not the alternative, we’re the difference.

Matchbook is licensed and regulated by the Alderney Gambling Control Commission and the UK Gambling Commission.


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: £5,000 cash up for grabs for predicting if Altior wins or loses at Ascot

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Betconnect launches to enable punters to follow the bets of professional gamblers

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Betconnect launches to enable punters to follow the bets of professional gamblersReading Time: 2 minutes

 

World’s only social betting network that gives everyone access to live bets from professional gamblers who can’t place bets with traditional bookmakers

 

A new betting site launches out of Beta today, letting ordinary punters follow the bets of professionals.

Betconnect is the first notable disruptive technology platform in the industry since Betfair in 2000 and aims to level the playing field between bookmakers, professional gamblers and punters.

For many years, professional gamblers have found their accounts closed or restricted by bookmakers due to their success. In fact, new research published today shows that one in ten (9.8%) of British punters have at some point been restricted. Betconnect connects these people with a network of regular punters in a shared betting experience.

Pros can create and submit bets into the betconnect platform on all major sports and betting markets, using the very best real-time odds. The bets are then intelligently distributed to a network of punters who are prepared to match the bet in exchange for the tip received in the process.

 

Make betting a more informed punt

Many of the betconnect Pros have had their betting accounts restricted or closed by the bookies.

The Pros are held to account through the publication of their profit-and-loss statistics. Punters can therefore be assured of the quality of the ‘tips’ they’re receiving, which are called Bet Requests on the betconnect platform. Every Bet Request is financially backed by the Pro so they can be safe in the knowledge that their interests are aligned. If the Punter chooses to Follow the Bet Request and the Pro wins, they win too.

Underpinning the betconnect user experience is a technology platform and algorithm that has been engineered by a team of Silicon Valley inspired software engineers based in the UK. The platform leverages artificial intelligence and machine learning to provide a highly personalised and seamless experience for both punters and pros.

Mark Weaver, co-founder of betconnect said, “Business is booming for British bookmakers and we believe it’s time to tip things back in favour of punters. Betconnect is a place where regular punters can benefit from the expertise of Pros who’ve been restricted by bookmakers.”

Dan Schreiber, co-founder of betconnect said, “Millions enjoy betting as a hobby and now recreational punters can follow the bets of professional gamblers. The central idea is about sharing expertise in a way that everyone benefits. eToro has proved the concept and appetite of people to be guided by financial trading experts. We are applying the same concept to betting. Recreational punters are able to join betconnect, browse our directory of pros, and connect with the ones whose bets they are interested in following.”

 

About betconnect:

Betconnect is the world’s only social betting platform that gives you access to the bets of professional gamblers. We send you personalised bets – each called a Bet Request – direct from the Pros for you to Match. Many of our Pros have had their accounts restricted or closed so they can’t place bets with traditional bookmakers. Betconnect Ltd is licenced and regulated by the U.K. Gambling Commission (Number: 000-044346-R-323354-001) for customers in Great Britain.

 


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: Betconnect launches to enable punters to follow the bets of professional gamblers

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