Author: OnlineGamblingDaily

Peer-to-peer sports gaming platform Lucra Sports has raised $10 million in a Series A venture capital funding round, the business announced on Wednesday. The round was led by alternative investment firm Raptor Group, which is founded by James Pallotta, businessman and former chairman of Italian football club A.S. Roma. The funding round also included participation from esports and sport-oriented venture capital company SeventySix Capital, and early-stage consumer companies investor Victress Capital. Individual investors Milwaukee Bucks owner Marc Lasry, pro tennis player John Isner, and NFL Pro Bowl Wide Receiver Emmanuel Sanders also participated in the round. Lucra Sports describes itself…

Vera Motto, who has previously held commercial roles at Habanero and Espresso Games, has recently been appointed as the new Sales Manager Southern Europe and LATAM for global gaming content provider Play’n GO. Her official debut in the new position was at GAT Expo Cartagena earlier this month, and after her participation there Yogonet has interviewed Motto to further learn about her goals at this stage of her career. “There aren’t many suppliers whose titles can keep delivering years after initial launch, that’s the power of Play’n GO,” she says. Could you tell us about what markets you will be…

Clarion Gaming said Wednesday it will be using the international platform provided by ICE London to launch details of its £100,000 prize pool stand-alone esports tournaments scheduled for September 2022 in Stockholm. The in-person Dota 2 tournaments have been tailored towards the betting community from the ground-up. William Harding, Head of Esports at Clarion Gaming explained: “With Dota 2’s 7 million+ monthly active player base and the growth of esports betting continuing at a breakneck pace, these tournaments will enable sponsors to engage with a passionate and difficult to reach fan base. The tournaments will have betting-focused broadcasts which will be…

As New York State nears the approval of the state budget, set for April 1, odds indicate that, by the end of the week, the Empire State will move to authorize three casino licenses for the New York City area. Gov. Kathy Hochul first announced in January a plan to speed up the licensure process under the budget, as the permits were originally slated for next year. According to The New York Times, New York City Mayor Eric Adams wants the city to get two of the three licenses, his spokesman said, instead of seeing the second end up somewhere…

According to a recently released report by PlayCanada, which tracks the Canadian gaming market, nearly 1,300 jobs will be added in Ontario as a result of the impending launch of private online gambling operators, offering evidence that online gaming does not cannibalize jobs from land-based casinos.  PlayCanada compiled data and other information from industry insiders, hiring professionals and economic experts. It includes detailed research of job listings in comparable jurisdictions.  A recent report commissioned by a land-based casino operator suggested Ontario’s burgeoning online gambling market would have devastating effects on jobs in the province. — Robyn with a ‘Y’ 🐝…

The SOFTSWISS Online Casino Platform announced its latest crypto-centric feature, the in-game currency exchange, which grants players with balances in crypto and the opportunity to play games that do not natively support cryptocurrencies.  Previously, players who had registered at a casino with crypto as their primary currency would have access only to games that supported cryptocurrency denominations in-game. This meant that if the game provider had not enabled cryptocurrencies, such as mBTC or mETH, as supported currencies, players would have to create a fiat balance in order to open the game. According to due diligence procedures, players with a fiat…

NASCAR is seeking to build upon its momentum in sports betting by attempting to have sportsbooks replicate its own weekly featured matchups, which are included as part of its weekly “Fantasy Update.” On a weekly basis, the league selects drivers for head-to-head battles, with featured matchups selecting participants based on rivalries, points battles and other factors through a centralized mechanism. The concept was developed in 2021 and announced in December. “We’ve been highly encouraged by the response to featured matchups so far,” Joe Solosky, Nascar’s managing director of sports betting, told Forbes. “Currently, 10-plus major U.S. sportsbooks run Cup featured…

The fight over a Las Vegas Sands-backed proposed constitutional amendment, which seeks to expand gambling in Florida, still advances in court almost two months since the effort failed to submit enough signatures in time to make it onto the November ballot. Political committee Florida Voters in Charge, which has received about $70 million from gaming giant Sands, sought to allow existing card rooms to become casinos if located 130 miles from tribal facilities. The amendment attempted to open the door to casinos in North Florida, along the Interstate 10 corridor, geared toward a facility in the Jacksonville area. However, although…

Micro-betting technology company Simplebet and the YES Network announced Tuesday they are launching “Pick-N-Play Live”, the first-ever, real-time, in-game, single-screen watch and play experience. The free-to-play prediction game, the first to be integrated within a live sports broadcast, is becoming available Tuesday on the YES App to authenticated YES Network viewers in conjunction with YES’ Brooklyn Nets telecasts during the Nets and the Detroit Pistons’ game. It will also be available for the YES App’s streamed New York Yankees games this coming season.  Available via the YES App on iOS and Android, “Pick-N-Play Live” will allow users to make predictions…

Yes, the recovery from the pandemic appears well underway! Yet another new Las Vegas casino resort has been planned for the southern Strip area. This time, it’s the Oak View Group at the helm. Tim Leiweke, Oak View Group CEO, stated “South of the Las Vegas strip represents one of the few areas of potential future growth of the gaming and entertainment corridor. This unprecedented project is an industry game-changer, and we will usher in the evolution of Las Vegas as the new entertainment AND sports capital of the world.” The $3 billion, 25 acre Vegas casino resort will be…

Aspire Global’s sportsbook platform provider BtoBet has increased operators’ accessibility to its proprietary sportsbook solutions with the Neuron 3 sportsbook platform now natively integrated on Pariplay’s Fusion aggregation platform. Significantly extending BtoBet’s distribution capabilities, this integration allows all of Pariplay’s partners globally to gain access and hone their offering with BtoBet’s world-class sportsbook product through a single API integration, thus reducing the time-to-market. The native integration of the Neuron 3 sportsbook on the Fusion platform addresses operators’ pain points, particularly those relating to the challenges normally associated with multiple platform integrations, according to the company. “Operators are thus now able…

The San Manuel Band of Mission Indians has named former MGM Resorts International executive Daniel D’Arrigo as its new Chief Financial Officer. The former long-time Fortune 500 executive is set to lead the California tribe’s growth and development strategy, which includes the recent purchase of the Palms resort on the Vegas Strip and future plans for a reopening. D’Arrigo comes to the San Manuel enterprise with more than 25 years’ experience in senior finance and capital markets roles in the gaming, leisure and hospitality industry, including a number of big and successful entities, such as MGM. “As Chief Financial Officer,…

With the F1 season underway, PokerStars.net and Oracle Red Bull Racing have cemented their new partnership by announcing Friday the “Red Spade Pass”, their first collaboration dedicated to rewarding PokerStars.net and Oracle Red Bull Racing fans alike.  Available exclusively to PokerStars.net players, Red Spade Pass winners will get exclusive access to the ultimate F1 fan experience, including rewards and experiences curated by PokerStars.net and the Oracle Red Bull Racing team for the PokerStars.net community. To celebrate the season getting started, the first set of Red Spade Passes available will award winners a four day all-expenses paid trip for two to…

As Zitro breaks into the Spanish market, offering operators a diversity of game dynamics to expand its entertainment offer and adapt to all types of players, the company announced the launch of 4 new games for gaming and bingo halls, which are “completely different from those currently in the market”, according to the company, and are expected to change the region’s gaming landscape.  “Games never seen before, with mechanics and mathematics adapted to each type of customer, in unique and exclusive cabinets that will make it impossible for operators to resist installing them in their gaming halls”, Zitro stated. This…

West Virginia Legislature on Friday forwarded a bill to Gov. Jim Justice’s desk that would allow operators to accept bets on esports events.  House Bill 4826 classifies esports within the sporting discipline, allowing West Virginia residents to wager on competitive gaming events in the same capacity they would a traditional sports game. The bill defines esports as “electronic sports or competitive video game played as a game of skill for spectators.” If signed into law, licensed operators will be free to post and accept bets on esports without additional restrictions. HB 4826 was introduced in February and passed by both chambers…

A seven-race card from Uttoxeter leads today’s racing tips, with action elsewhere coming from Fontwell, Navan and Wolverhampton. Ready to check out our tipster’s Tuesday trio? Racing Tips – 29th March – Uttoxeter Racing Tips 🏇 15:00 – Karl Philippe – 11/8 Arrives on a hat-trick bid having taken to the fences at Ludlow in two outings since the start of the year; has a 4Ib penalty to defy here but looks to moving in the right direction for Fergal O’Brien’s yard. 🏇 16:10 – Storm Of Light – 9/4 Mildly unfortunate to finish third when given a lot to do at Market…