The SBC Weekly Digest for 09/10/20

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…
GVC HOLDINGS

Reporting its 19th consecutive period of growth for its online division, GVC Holdings has predicted that its full-year earnings will be £50m ahead of previous expectations.

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US GAMING

The American Gaming Association has revealed that August marked the fourth straight month of gaming’s recovery, with nationwide revenue up 5.6% from July.

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Bad week for…
DOMINICAN LOTTERY

Aevalue Investments has sued the Lotería Nacional of the Dominican Republic for $8.5m over an alleged breach of contract regarding the development of new lottery games.

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FRENCH OPEN INTEGRITY

This week, bookmakers raised concerns over whether the integrity of a women’s doubles match during the ongoing French Open had been compromised following a series of suspicious betting patterns.

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QUOTE OF THE WEEK
“@2x
“The African market is not for the faint of heart, you cannot be risk averse. You’re either jumping in the deep end of the pool, or you’re grabbing your towel and staying away from the water because you’re not ready for it.”

Jeff Halloran, managing director of Sahara Games, discussed the importance of local partnerships when looking to enter the African sports betting market.

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NUMBERS GAME
$125m
Twin River Worldwide Holdings has released a new $125m note offer, which the company stated will be used to fund ‘general corporate purposes’.

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5
Bernard Marantelli, CEO and Founder of Colossus Bets, made an ‘11th hour’ agreement to save this year’s Greyhound Grand National after confirming a five-figure sponsorship deal.

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5
Scientific Games Corporation has agreed to provide lottery instant games to Lithuanian National Lottery operator Olifėja in a five-year deal.

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167%
Illinois has held its position as the fifth largest regulated market in the US, reporting a 167% increase in wagers during August, up from $52.5m in July to $140.1m.

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VIDEO OF THE WEEK
Erica Nardini Sue Schneider
SBC’s Sue Schneider talks with Erika Nardini, CEO of Barstool Sports, to discuss what the Penn National deal means to the company, the intersection of sports/media/gambling, and what being a boss in a male dominated industry is like.
Recommended Reading
Feliciana Cannillo, Deputy CEO at Digitain, speaks to SBC about the growing opportunities in the CIS region and how the cost of business in Europe is causing operators to diversify geographically.

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A panel of experts at SBC Digital Summit Africa analysed why betting operators should prepare for new compliance demands as the continent awaits its next paradigm shift in payment transactions.

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On day two of SBC Digital Summit Africa, discussions turned to the changing responsible gaming and compliance landscapes on the continent and the measures being used to protect players.

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In the latest Better Collective spotlight, Toms Jurjaks, Head of Quality Assurance, looks at how the company benefits from QA processes and how they ensure testing practices are efficient.

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Artículos Recomendados
Estrela Instantânea, el consorcio formado por IGT y Scientific Games, ha rescindido su contrato para operar exclusivamente la lotería instantánea de Brasil, Lotex, por no concretar un acuerdo de distribución con Caixa Econômica Federal.

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David Fica, CEO de SiempreGames, analiza en exclusiva por qué una sólida regulación y una mayor intervención de las autoridades le podrían brindar mayor profesionalismo al sector de los esports.

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

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