State of the Union: PointsBet, OK, CA and more

This week's State of the Union, produced in collaboration with Segev LLP, covers the sportsbook's first partnership with a major league baseball team, a new tribal agreement in Oklahoma and the state of sports betting in California.

PointsBet Partners with Detroit Tigers, First in MLB With its exclusive partnership with the Detroit Tigers, PointsBet achieves two industry firsts: the first sportsbook to partner with a major league baseball team and the first to partner with a Michigan-based sports franchise.

The multi-year agreement goes into effect on July 23, the start of the 2020 MLB season, and comes after Michigan allowed sports betting in March of this year.

As part of the agreement, PointsBet aims to increase fan engagement and enhance the game experience by providing access to unique experiences, content and promotions in and around the Tigers' Comerica Park ballpark.

Oklahoma Governor Signs New Gaming Compacts with Two Tribes Oklahoma Governor Kevin Stitt signed new gaming compacts with the tribes United Keetoowah Band of Cherokee Indians (UKB) and Kialegee Tribal Town (KTT).

The compacts allow UKB and KTT to offer Class III gaming and table games, but neither compact covers sports betting.

KTT's compact requires it to pay 12% of gross gaming revenues (GRR) from gaming machines to the state for the first two years. This percentage will increase to 13-15% annually through the end of 2035, depending on the total amount of GRR.

California tribes extend deadline for sports betting California tribes have to collect enough signatures to put a sports betting measure on the 2022 ballot, but a court has extended that deadline by 90 days.

The Sports Betting and Anti-Lawful Gambling Act, proposed by a coalition of 18 California Native American tribes, would amend the state constitution to legalize sports betting at tribal casinos and licensed racetracks, among other things, and would impose a 10% GGR tax.

To be included on the November 2020 ballot, 997. 139 valid signatures were required, but because the signature verification process takes time, the initial signature list had to be submitted to the local government by April 21.

The G2E Las Vegas 2020 has been postponed, and the organizer South American Gambling Communications (AGA) and Reed Exhaments have officially postponed the global gaming extract (G2E) held in Las Vegas.

AGA's chairman Bill Miller and Executive Director are impossible to hold a complete event this year due to larg e-scale travel restrictions and unclear instructions using larg e-scale social gatherings. Explained. Currently, it will be changed by a series of virtual events.

"Health and safety are always our main values, and the confusion caused by the ongoing pandemic has the meaning of holding important terms for exhibitors planning to participate. He is preparing for a conclusion. "

Circus Circus submits a lawsuit against AIG insurance companies for more than 75 million people in the U. S. country in Nevada, the Circus Circus, and the AIG operator insurance is a colon virus infected microorganism (COVID-. Accepted that it did not cover the "all risks" prescribed during the deterioration caused by the 19).

Since December 2019, the operating company has completed an insurance contract with AIG, and the limit is $ 500 million of "Direct physiological expenses or damage to the insurance property of the target conditions". It provides compensation for the required amount of circus.

The "target cause" in the insurance contract is not the most excluded cause, but all the causes.

Eldorado had purchased the Caesters El Doradori Zorts, the Encouragement Gambling Surveillance Committee and the Seser Entertainment, and had the incentive of the Nevada II Gamble Committee to merge.

The two operators are required to pay Eldorado first to pay $ 17, 300 million -$ 7, and $ 120 million in order to freeze the owner of Caesters Business. Underneath, it was announced last year.

The merger was to pass some normal standards on incentives from Nevada authorities. Eldorado and Caesers shareholders gave a green light to the transaction in November, and many other states confirmed their connections.

The five casinos in Atlantic City, New Jersey have been covered on July 2 because they have been covered by Coronavirus (COVID-19) for more than three months.

New Jersey's Governor Phil Murphy announced last month that the casino would allow the casino to resume business from July 2, with a highest load at the moment.

The casinos have been closed since March 16 as part of a ban on gatherings of up to 50 people to slow the spread of the Covid-19 virus.

Twin River completes acquisition of Eldorado properties Twin River Worldwide Holdings has completed the acquisition of Isle of Capri Casino and Lady Luck Casino in Vicksburg, Mississippi from Eldorado Resorts in Kansas City, Missouri.

The $230 million (£256. 1 million/€283 million) acquisition is the latest in a series of strategic initiatives to diversify the operator's real estate portfolio.

"Isle of Capri and Lady Luck Vicksburg expand our geographic footprint with assets in attractive markets. Twin River president and CEO George Papania said: "These assets are a good fit for our portfolio and we believe there is an opportunity to increase net cash flow from these assets through our redevelopment and operating plans."

BetMakers partners with PointsBet to launch flat betting on horse racing in New Jersey Sports betting operator PointsBet has signed a new agreement with online scoring solutions provider BetMakers to launch flat betting on horse racing in New Jersey.

The agreement will see BetMakers subsidiary BetMakers DNA (BDNA) provide betting technology, including data and pricing solutions, to support PointsBet's horse racing business in the state.

PointsBet will initially offer fixed-odds betting on all races at Monmouth Park to fans in the state. Subject to regulatory approval, the two companies plan to expand the service to other horse racing markets, both domestic and international, in the future.

Nasdaq sends notice to Nugioco due to financial results delay The Listing Qualifications Department of the Nasdaq Stock Exchange has sent a notice to Nugioco Group, a gambling and gaming operator and provider, following the company's failure to report its first quarter financial results on time.

The notice will not have any immediate impact on the listing or trading of Nugioco's common stock on Nasdaq.

The company explained that it was unable to meet the deadline due to the coronavirus pandemic (Covid-19) and government travel restrictions in Italy's main markets. As a result, the company's employees, management and independent auditors were unable to travel to Italy.

COVID-19, DoubleDown's Nasdaque listing on Nasdaq, South Korea's major social gaming company DOUBLEU-GAMES has postponed a listing plan on the Nasdaq Stock Exchange of the subsidiary of the subsidiary and announced the reason for the economic anxiety.

In a statement posted on the Korean Stock Exchange (KRX), Double You said that the investor's willingness to listen to due to the uncertainty due to the repeated occurrence of the new Coronavirus (COVID-19) in the United States. Is shown.

The company states that it will detour the possibility of good conditions at a later date and aim for as soon as possible.

The Nevada University Las Vegas (UNLV) has begun research on the effects of online games and sports betting in the United States on bookmakers and gambling companies, provide funds by GVC Foundation US It will be done.

In this survey conducted by the International Gambling Institute (IGI) UNLV, it is possible to evaluate the changes in the US market, and identify the main issues related to politicians and stakeholders, especially the protection of players. 。

Alan Feldman, chairman of the International Center for Responsible for responsible gaming, said, "Effective national policy is applied to scientific evidence. At the same time, it will always be the best effect. "

Amelco has obtained permission to launch the second sportsbook in Colorado, who has obtained permission to expand sports rate and trading services in Colorado.

Amelco has already operated in Colorado in a partnership with the Fox Bet Brand The Stars Group, but launches Betwildwood, a joint venture with ISI Race & Amp; amp; amp; amp; amp; amp; sport. I got approval.

This is the first online sportsbook, which is scheduled to start online as part of the Wildwood Casino At Cryque Creek license, and is scheduled to start in late July.

The Casino in the Miami Daddy district has been closed only a few weeks after the resumption of business, Churchill Download Incorporated (CDI) has announced a temporary suspension of Calder Casino in Miami Gardens, Florida.

The closure of the casino is followed by the state-owned Mayer May Dead Mayor Carlos Himez, which has ordered Callos Himez to close recreational facilities including casinos in order to countermeasures the number of infected people by the new Coronavirus (COVID-19).

Sporting Solutions is affiliated with SCCG, which promotes the entry into the US market and provides sports books and lotteries, partnered with the Gaming Consultant Company based in Las Vegas, and enters the North American Sporting Market. Accelerate 。

Through this partnership, SCCG provides business development services and strategic support to sporting solutions, and sporting Solutions aims to establish a presentation in the United States.

Pla y-up is a leader in the US expansion plan, and the playup that runs sports betting in Australia and Daily Fantasy Sports is appointed CEO of the new category that is preparing for the US market. did.

The company, which has already operated in Australia, New Zealand, and India, has already gained market access in some states in the United States.

STATS PERFORM gains the right of USL betting data. Stats Perform, a sports data and technology provider, has announced that it has gained lon g-term official rights for the United Soccer League (USL) league betting data.

This contract covers two USL professional leagues: USL championship and USL league one.

In a partnership with ITEL, itel networks, an telecommunications provider aiming to expand the lottery sales network, is an retail partner of British Columbia Lottery Corporation (BCLC). Provides 。

This is designed to sell lottery products by providing remote network services to retail stores and partners in rural areas in British Colombia.

888 has extended its partnership with Delaware Lottery 888 for another two years of exclusive contracts with Delaware lottery.

With this partnership in 2013, the 888 will continue to operate online gambling platforms in Delaware, USA, and players can access various casinos and poker games.