The SBC Weekly Digest for 15/02/20

Your weekly roundup of the most popular articles from SBC News, SBC Americas, CasinoBeats, Insider Sport & Payment Expert.

Good week for…
KAMBI

Kambi confirmed a positive close to 2019 trading, which has been driven by a significant increase in wagering volumes across its partner network.

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POINTSBET

PointsBet USA has agreed a new multi-year partnership with the NBA, which sees it become an Authorized Sports Betting Operator of the basketball league.

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Bad week for…
MGM RESORTS INTERNATIONAL

Publishing its financial results for the quarter and year ending 31 December 2019, MGM Resorts International revealed figures were below expectations.

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MAINE SPORTS BETTORS

The state of Maine will have to wait for at least another year to land another opportunity to legalise sports betting after its supporters fell short in a House vote.

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QUOTE OF THE WEEK
“@2x
“But while price enhancements are great for catching the eye, holding attention and building out brand reputation, they must be backed up by a strong core live offering first-and-foremost.”

Dmitri Agapov, Head of Trading at Betgenius, provides an insight into the impending battle for in-play engagement and outlines why taking control of technology will be vital to achieving success.

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NUMBERS GAME
$47.6 trillion
Mastercard has just been approved entry to the Chinese market, which is reportedly worth $47.6 trillion. It means the bank will formally start preparing a strategy for its expansion into the lucrative region.

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€22.3m
Gaming Innovation Group has confirmed a €22.3m share purchase agreement with Betsson Group for the divestment of the firm’s B2C assets.

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10
Italian champions Juventus unveiled a 10 year extension to the club’s partnership with Allianz, in a deal worth just over £85 million (€103.1 million).

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$28bn
Lee Richardson MBA, Founder and CE of research firm Gaming Economics, emphasised the potential of the relationship between the $28bn bar and tavern business and US sports betting.

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VIDEO OF THE WEEK
Trustly
Trustly’s Head of Sales iGaming, Nicholas Tucker and Head of Sales in the US, Ken Myles shared their insight on the future relationship between payments and sports betting in the US.
Recommended Reading
Regulus Partners analysed the media storm surrounding an eventful ICE 2020 Conference, providing a more balanced narrative to the the negative headlines and media hysterics.

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Daniel Saraste, the senior vice president of strategy and innovation at cloud-based source-to-pay vendor Medius, detailed the evolving role of digital invoices when it comes to enhancing payment efficiency.

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Ahead of the second edition of CasinoBeats Malta next month, we take a look at the upcoming PaymentExpert Forum, which forms a key portion of the two-day conference.

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An appellate hearing this week upheld a decision from Acting Justice Gerald W Connolly who, in 2018, ruled that DFS is unconstitutional in the state.

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Sports Betting Community Ltd, Riverbank House, 1 Putney Bridge Approach, Putney, London SW6 3JD, United Kingdom

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