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Mohegan Gaming & Entertainment Partners to Bring A Paramount Pictures-Branded Theme Park to Inspire Integrated Entertainment Resort

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Mohegan Gaming & Entertainment Partners to Bring A Paramount Pictures-Branded Theme Park to Inspire Integrated Entertainment ResortReading Time: 3 minutes

 

Mohegan Gaming & Entertainment‘s multibillion-dollar, multi-phase integrated entertainment resort (IER) currently in development in South Korea, Inspire Integrated Entertainment Resort (Inspire), and Paramount Pictures Corporation (Paramount) announce a strategic partnership to incorporate a Paramount Pictures-branded theme park as part of Northeast Asia’s largest IER expansion underway in the Incheon International Airport’s (IIAC) IBC-III Region.

“We are proud to have Paramount Pictures join us as a strategic partner in the development of our innovative integrated entertainment resort concept,” said Kevin Brown, Chairman of the Mohegan Tribe and MGE Management Board. “With Paramount alongside as we answer the demand of today’s consumers, the Inspire IER model not only displays our commitment to trend-setting in this industry but also demonstrates the Mohegan Tribe’s commitment to growing South Korea’s travel, tourism and workforce development goals, while securing the generational sustainability of the Mohegan Tribe.”

Kevin Suh, EVP Themed Entertainment for Paramount says, “Paramount is proud to announce Korea as one of the first locations for a world-class Paramount branded theme park. Paramount looks forward to its partnership with Inspire and to be part of one of the world’s premiere entertainment destinations at Inspire.”

“We are pleased to have the major global force in entertainment, Paramount, on our impressive and growing list of strategic partners for Project Inspire,” said Mario Kontomerkos, Chief Executive Officer for Mohegan Gaming and Entertainment. “Aligning with highly sought after and recognized brands with mutual goals is a key component to the creation of the world’s first true integrated entertainment resort.”

Phase 1A of Inspire’s multi-phased development on just over 420 acres (1,700,000m2) of Incheon Airport’s 1,079-acre (4,367,000m2) IBC-III parcel of land includes:

  • A 5-star resort hotel with over 1,250 rooms, suites and villas
  • A 15,000-seat state-of-the-art concert and sports arena
  • Casino space offering 150 table games and 700 slots/electronic games
  • A hemispherical dome featuring over 48,000 square-feet (4,500m2) of climate-controlled indoor pool space with rides, dining and retail
  • Approximately 204,000 square-feet (19,000m2) of conference and convention space including the largest hotel ballroom in Incheon/Seoul at 60,460 square-feet (5,617m2)
  • Groundbreaking is scheduled for May 2019 and official opening planned for 2022

Inspire’s phase 1B includes the over 99-acre (404,000m2) Paramount Picture-branded theme park with connecting entertainment and retail village scheduled to open in 2025. Building upon the anticipated success of the two major phased openings, Inspire’s presence in the region will contribute to South Korea’s national economic development through job creation and the introduction of new tourism around Incheon Airport, a Northeast Asian hub airport, driving the growth of the country’s domestic tourism industry in terms of both quality and quantity.

 

About Inspire Integrated Entertainment Resort:

Inspire Integrated Entertainment Resort (Inspire) is multibillion-dollar multi-phase integrated entertainment resort project in Incheon, South Korea currently under development by Inspire Integrated Resort Co., Ltd., an affiliate of Mohegan Gaming & Entertainment, and is headquartered in Incheon, South Korea. Inspire will be the first true integrated entertainment resort with a comprehensive set of family-based offerings. Slated to open in 2022, phase IA will feature over 1,200 5-star guest rooms, over 63,000m2 of dining, retail and entertainment options, a 15,000-seat state-of-the-art concert and sports arena, a foreigner-only casino offering 150 table games and 700 slots/electronic games, a 4,500m2 hemispherical domed climate-controlled indoor pool space and water park and 19,000m2 of conference and convention.  Inspire’s phase1B 404,000m2 Paramount Pictures-branded theme park is estimated to open in 2025.

About Paramount Pictures Corporation:

Paramount Pictures Corporation (PPC), a global producer and distributor of filmed entertainment, is a unit of Viacom (NASDAQ: VIAB, VIA), a leading content company with prominent and respected film, television and digital entertainment brands. Paramount controls a collection of some of the most powerful brands in filmed entertainment, including Paramount Pictures, Paramount Animation, Paramount Television, Paramount Players, MTV Films, and Nickelodeon Movies. PPC operations also include Paramount Home Media Distribution, Paramount Pictures International, Paramount Licensing Inc., and Paramount Studio Group.

About Mohegan Gaming & Entertainment:

Mohegan Gaming & Entertainment (MGE) is a master developer and operator of premier global integrated entertainment resorts, including Mohegan Sun in Uncasville, Connecticut and Inspire in Incheon, South Korea. MGE is owner, developer, and/or manager of integrated entertainment resorts throughout the United States, including Connecticut, New Jersey, Washington, Pennsylvania, Louisiana, Northern Asia, and beginning in 2019 Niagara Falls, Canada. MGE owns and operators Connecticut Sun, a professional basketball team in the WNBA and New England Black Wolves, a professional lacrosse team in the National Lacrosse League. For more information on MGE and our properties, visit www.mohegangaming.com.

 

Source: Mohegan Gaming & Entertainment


Source: Latest News on European Gaming Media Network

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NBA Announces The Stars Group as Authorized Gaming Operator of the League

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Partnership Marks The Stars Group’s First with a U.S. Professional Sports League

 

The National Basketball Association (NBA) and The Stars Group Inc. (NASDAQ: TSG) (TSX: TSGI) announced a new multiyear partnership that will make The Stars Group an authorized gaming operator of the NBA in the U.S.  The partnership is The Stars Group’s first with a professional sports league in the U.S.

As part of the partnership, The Stars Group will have the right to use official NBA betting data and league marks across The Stars Group’s digital sports betting offerings.

The Stars Group is a global leader in the online and mobile gaming and interactive entertainment industries, entertaining millions of customers across its online poker, gaming and betting offerings. The Stars Group is currently operating in New Jersey with its BetStars brand, with plans to expand its business nationwide as additional states legalize online sports betting.  Over the past year, The Stars Group expanded its global business with the purchase of UK-based Sky Betting & Gaming and Australia-based BetEasy.

“The Stars Group is an accomplished global online gaming leader and we are excited to work with them on their first U.S. sports league partnership,” said Scott Kaufman-Ross, Head of Fantasy & Gaming, NBA.  “This dynamic partnership will be another way to create authentic fan engagement with league logos and official NBA betting data, while leveraging Stars’ global expertise to further optimize the fan experience.”

“We are excited to partner with the NBA as we continue to execute on our U.S. strategy,” said Matt Primeaux, SVP Strategy & Operations, USA at The Stars Group. “This agreement enables us to use official NBA data and league marks, providing a better experience to our customers, while working with the NBA to protect the integrity of games.”

During the partnership, The Stars Group will be promoted across the NBA’s digital assets including NBA TV, NBA.com, the NBA App and NBA social media platforms.  Additionally, the NBA will be promoted across The Stars Group’s gaming platforms including PokerStars which operates the world’s most popular online poker sites.

The Stars Group and the NBA will also collaborate on responsible gaming and partner on best-in-class practices to protect the integrity of NBA games.

Recently, Supermatch and the NBA announced a new multiyear partnership that will make Supermatch – the sports betting operator of Uruguay’s national lottery – the first official gaming partner of the NBA in the country and the league’s first in this category in Latin America.

 

About the NBA
The NBA is a global sports and media business built around four professional sports leagues: the National Basketball Association, the Women’s National Basketball Association, the NBA G League and the NBA 2K League.  The NBA has established a major international presence with games and programming in 215 countries and territories in 50 languages, and merchandise for sale in more than 125,000 stores in 100 countries on six continents.  NBA rosters at the start of the 2017-18 season featured 108 international players from a record 42 countries and territories.  NBA Digital’s assets include NBA TV, NBA.com, the NBA App and NBA League Pass.  The NBA has created one of the largest social media communities in the world, with 1.5 billion likes and followers globally across all league, team, and player platforms.  Through NBA Cares, the league addresses important social issues by working with internationally recognized youth-serving organizations that support education, youth and family development, and health-related causes.

About The Stars Group
The Stars Group is a provider of technology-based product offerings in the global gaming and interactive entertainment industries. Its brands have millions of registered customers globally and collectively are leaders in online and mobile betting, poker, casino and other gaming-related offerings. The Stars Group owns or licenses gaming and related consumer businesses and brands, including PokerStars, PokerStars Casino, BetStars, Full Tilt, BetEasy, Sky Bet, Sky Vegas, Sky Casino, Sky Bingo, and Sky Poker, as well as live poker tour and event brands, including the PokerStars Players No Limit Hold’em Championship, European Poker Tour, PokerStars Caribbean Adventure, Latin American Poker Tour, Asia Pacific Poker Tour, PokerStars Festival and PokerStars MEGASTACK. The Stars Group is one of the world’s most licensed online gaming operators with its subsidiaries collectively holding licenses or approvals in 21 jurisdictions throughout the world, including in Europe, Australia, and the Americas. The Stars Group’s vision is to become the world’s favorite iGaming destination and its mission is to provide its customers with winning moments.


Source: Latest News on European Gaming Media Network

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NOVOMATIC Sports Betting Kiosk Debuts in North America

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NOVOMATIC Sports Betting Kiosk Debuts in North AmericaReading Time: 2 minutes

 

NOVOMATIC’S latest in Sports Betting Kiosk Solutions Showcases Growth in U.S.

 

The NOVOMATIC F-V830 full-service Sports Betting Kiosk made its debut in North America on Tuesday, November 20th, following the opening of DraftKings Sportsbook at Resorts Casino Hotel in Atlantic City, confirming a clear focus of accelerated growth in the U.S.

The market-leading Sports Betting Kiosks, combined with Kambi’s sports betting products, proved to be a significant contributor to the overall guest experience. DraftKings Sportsbook at Resorts features a dozen of these intuitive solutions in an intimate environment surrounded by 1,000 square feet of ultra-high definition digital video displays, creating the most modern and comfortable retail sports betting experience in New Jersey.

“We congratulate Resorts and are proud to provide our proven sports betting kiosk technology to help create this experiential sportsbook,” said Rick Meitzler, President and CEO of  NOVOMATIC Americas. “This launch is of strategic importance for NOVOMATIC Americas as we continue to grow our business in North America.”

The NOVOMATIC kiosks and the sports betting expertise of Kambi, have combined to deliver a state-of-the-art, world-class sports betting environment. The retail space also includes five betting windows, stadium-style seating with chargers, VIP area, a full-service bar with food, drink and bar top video poker.

“This is a sports betting nirvana for avid sports gamers,” stated Kathleen McLaughlin, Vice President of Marketing and Product Management of NOVOMATIC Americas. “Every detail has been imagined and flawlessly executed. This retail space raises the bar for sports betting in New Jersey.”

The NOVOMATIC kiosk solution, fitted with the Kambi Sportsbook platform, are located inside and outside of DraftKings Sportsbook at Resorts, offering sports fans efficient ways to place a bet.

“NOVOMATIC Americas kiosk and service team have been fantastic to work with on this opening,” said Joe Cavilla, Vice President of Casino Operations for Resorts. “They have gone above and beyond at every opportunity. The NOVOMATIC team worked tirelessly with our team to meet a very aggressive approval and installation schedule. The kiosk technology offers our customers a very convenient way to place bets and we’re very happy with the product and support received.”

The impressive DraftKings Sportsbook at Resorts delivers on its promise of providing industry leading sports betting action in an unparalleled, comfortable environment that you can experience just steps from the New Jersey Boardwalk.

 


Source: Latest News on European Gaming Media Network

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On-demand webinar now available: What’s your sports betting potential? – Assessing economic viability

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On-demand webinar now available: What's your sports betting potential? – Assessing economic viabilityReading Time: 2 minutes

 

GeoComply’s recent webinar, featuring an impressive panel of industry experts, generated the most interest of any GeoComply webinar this year! And it’s no wonder, with an increasing number of US states considering legalized sports betting, the need to understand the real numbers associated with such an expansion has become an important topic for both legislators and regulators.

Even if you missed the live event, you can still benefit from the important information provided by checking out the on-demand webinar recording!

The webinar focussed on the critical topic of what goes into an economic impact assessment – a now common research tool used by state governments and regulatory bodies to understand the market potential of introducing sports betting in their jurisdiction, along with the related risks and policy considerations including:

  • taxation models including the “Goldilocks” tax rate

  • regulatory licensing schemes and market stakeholders

  • case study of the impact of sports betting in New Jersey

  • black market impact/conversion

  • responsible gaming considerations

  • contentious topics such as integrity fees and skins

The panel of industry experts included:

  • Chris Grove, Managing Director, Eilers & Krejcik Gaming

  • Kahlil Philander, Assistant Professor, Carson College of Business, Washington State University

  • Mark Lipparelli, Founder, Gioco Ventures and former Nevada State Senator

  • Jeff Ifrah, Founder, Ifrah Law and Executive Director and General Counsel, iDEA

  • John Pappas (moderator), Public Affairs, GeoComply

Webinar Topic: What’s your sports betting potential? – Assessing economic viability

Date/Time: On-demand now available

Whether you’re a legislator, regulator or operator in the sports betting space,check out this on-demand webinar where you’ll learn from the industry’s most experience and respected thought leaders.


Source: Latest News on European Gaming Media Network

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