The SBC Weekly Digest for 25/09/20

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

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Good week for…
COLORADO SPORTSBOOKS

Driven by a jam-packed schedule of NBA and NHL fixtures, Colorado’s sports betting market recorded a significant increase in wagers in August, with the state generating $128.6 million.

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OREGON LOTTERY

Figures have suggested that lottery and tax revenues in Oregon are expected to rise by an estimated $2 billion.

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Bad week for…
UK CASINOS

The Betting and Gaming Council has warned that the new 10pm curfew on UK casinos announced by the government this week will ‘put thousands of jobs at risk’.

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SPORTS FANS

Following a recent surge in coronavirus cases across the UK, the government has confirmed a series of new measures – including a further delay on reintroducing crowds to live sporting events.

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QUOTE OF THE WEEK
“@2x
“It’s us doing our part for the community, not just an ultra-capitalistic sense of trying to get every dollar out of every single person. We are trying to grow cryptocurrency adoption throughout the world, and if we play our part 5% who have crypto will gamble and hopefully we are a part of the fabric of the conversation that they will come to us”

Tim Heath, former CEO of Coingaming Group, discusses the journey to creating the company and how its VC fund opens doors for Bitcasino.io and Sportsbet.io.

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NUMBERS GAME
€20,000
Åland Islands-based gaming operator Paf has confirmed that it will lower its annual player loss limit by a further €5,000 to €20,000 as it continues to focus on customer affordability and social responsibility.

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4.16 billion
Nigeria’s Economic and Financial Crimes Commission has recovered more than ₦4.16 billion in unpaid lottery revenues.

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11.6%
Tabcorp Holdings confirmed that it would be selling its 11.6% stake in lottery company Jumbo Interactive via a subsidiary in a deal valued at approximately AUD$98 million.

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$300,000
PokerStars founder Isai Scheinberg has avoided a prison sentence after being issued with a $300,000 fine and sentenced to ‘time served’ following his initial indictment on Black Friday in 2011.

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VIDEO OF THE WEEK
RET panel
Panellists discuss whether the Research, Education & Treatment service industry is capable of effectively spending the investments made by UK bookmakers.
Recommended Reading
ID specialist AgeChecked breaks down the reasons why all compliance stakeholders should pay attention to the Netherlands’ acid test on age verification.

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CasinoBeats speaks with Tobias Svensen, CEO of CasinoGrounds, about the place of live streaming in the casino ecosystem and how it can prove to be an effective marketing tool.

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Nathan Rothschild, co-founder and partner of GTG Network, looks at the rise in sports data, and why working sports data properly will be just as important to the sportsbooks as it is to the coaches.

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Writing for Payment Expert, Justin Pike, Founder of MYPINPAD, assesses the exponential growth of mobile payments and what the future holds for the global market.

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Artículos Recomendados
La Legislatura de la ciudad de Buenos Aires aprobó esta semana modificaciones a la ley de juego online y autorizó la participación de operadores presenciales en el proceso de licitación y la implementación de una “ficha limpia” para ganar más transparencia.

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Perú reactivará el sector del turismo en octubre, aunque nuevamente relegó la reapertura de los casinos, cuyo cierre ya le ha significado una pérdida de 42 millones de dólares en impuestos al Estado.

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

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