The SBC Weekly Digest for 06/11/20

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…
KINDRED GROUP

Driven by its ‘diverse long-term business model’, Kindred Group has declared that it will deliver on all 2020 objectives, having generated ‘recorded group revenues’ during Q3.

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GEORGIA LOTTERY

The Georgia Lottery Corporation has recorded the most profitable quarter in its 27-year history, registering more than $383 million in profits for the first quarter of the fiscal year 2021.

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Bad week for…
PARK LANE CASINO

Silverbond Enterprises, which runs the Park Lane Casino igaming entity, has had its licence suspended by the UKGC following ‘concerns with the suitability’ of the company’s new controller.

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SCIENTIFIC GAMES

Issuing its Q3 results, Scientific Games noted that the global pandemic has been a key driver for the drop in revenues, which fell to $698 million from $855 million in 2019.

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QUOTE OF THE WEEK
“@2x
“These are great times to show empathy, but also encouragement and flexibility, because everyone isn’t going to respond in the same way to this pandemic.”

Marinos Shiapanis, Co-Founder and CEO of Campeón Gaming Partners, and Avraam Tosounidis, Co-Founder and CFO, discuss how they are managing the company through the ‘second wave’ of the global pandemic.

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NUMBERS GAME
£37 million
The ongoing four-week lockdown is estimated to cost GVC Holdings approximately £37 million, as betting shops across the UK and Europe have been forced to close their doors.

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$250,000
The Tennis Integrity Unit issued a $250,000 fine to a Bulgarian player, in addition to a lifetime ban, following an investigation into suspected integrity breaches.

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3
Three more states have voted to broaden their sports betting offering after Louisiana, Maryland and South Dakota all voted to legalise wagering.

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19.9%
Rank Group has completed a £70 million emergency funding round undertaken through a share placement valued at 19.9% of the firm’s equity.

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VIDEO OF THE WEEK
Trump v Biden panel
As news of the US Presidential election continues to dominate the news this week, industry experts discuss whether political betting should be legalised in the US.
Recommended Reading
Marius Galdikas, CEO of ConnectPay, analyses some of the up and coming trends that he believes will soon dominate the online payment industry.

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In a three-part series, SlotBeats Insight delves into the backgrounds of Evoplay Entertainment, focusing on the key evolution of product development, creativity processes and current slot trends.

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A CasinoBeats roundtable looks at some of the challenges that operators in the German market will face over the coming months, and how they can be overcome by working closely with all stakeholders.

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Speaking with Tappit and the Jacksonville Jaguars, Payment Expert discussed how the two companies are benefiting from their newly formed partnership.

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Artículos Recomendados
El Consejo de Ministros de España aprobó el Real Decreto que regulará la publicidad y le dará solo 8 meses a los clubes de fútbol de La Liga para cancelar sus contratos de patrocinio con las casas de apuestas.

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Glen Bullen, CCO de DAOGroup, habló sobre los beneficios que las criptomonedas le ofrecen a los jugadores y que las financieras tradicionales nunca podrán igualar.

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