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Sports betting and gaming industry faces ‘unprecedented cybersecurity threat’

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Global technology and data solutions company Continent 8 Technologies, a provider of specialised infrastructure and cybersecurity services to the world’s biggest betting and gaming companies, says that the industry is facing an unprecedented threat from a rising tide of cyber attacks.

The stark warning comes at the start of Cybersecurity Awareness Month, which marks its 20th year in October 2023, and as the global land-based and online industry once again gathers in Nevada for the annual G2E Las Vegas exhibition and conference.

Founded in 1998 and celebrating 25 years of business in 2023, Continent 8 has 100 data centre locations across four continents, delivering a wide range of technology infrastructure and connectivity solutions to the biggest organisations in the industry, via a single interconnected network.

Michael Tobin, Founder and CEO of Continent 8 Technologies, said: “In the 25 years since Continent 8 was founded, the threat to the data, infrastructure and digital security of companies in the betting and gaming industry has never been higher.

“The scale and sophistication of these attacks is increasing year on year, so it’s critically important that organisations take a multi-layered approach to cybersecurity, protecting themselves from the mix of complex threats facing businesses in today’s world. What’s also important is ensuring your business is compliant, meeting stringent regulatory requirements across different markets.”

Patrick Gardner, Managing Partner of C8 Secure, a Continent 8 company, added: “With the average cost of a data breach reaching well into millions, and the gaming industry being a prime target, it’s crucial now more than ever for companies to bolster their cybersecurity measures. Both the online and land-based sectors must remain vigilant and proactive, ensuring protection of their data and infrastructure against increasingly evolving threats.”

Continent 8 will be on stand #4235 at G2E Las Vegas, which takes place at The Venetian Expo from 9-12 October, marking the beginning of Cybersecurity Awareness Month with an event-wide campaign highlighting the rising threat against the global betting and gaming sector.

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Caesars Entertainment Closes Sale of the LINQ Promenade

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Caesars Entertainment announced the closing of the previously announced sale of the LINQ Promenade to a joint venture formed between TPG Real Estate (TPG) and the Investment Management Platform of Acadia Realty Trust (Acadia) for $275 million. Concurrent with the closing of the transaction, Caesars made a $275 million voluntary prepayment of the Term Loan B due 2030 with the proceeds from the transaction.

Latham & Watkins LLP and Brownstein Hyatt Farber and Schreck LLP represented Caesars on the transaction. Kirkland & Ellis LLP provided transaction counsel to TPG & Acadia.

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The Stampede Continues with Aristocrat Interactive’s Buffalo Gold Max Power

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Aristocrat Interactive, Aristocrat’s online Real Money Gaming (RMG) division, announced that the stampede continues with the launch of Buffalo Gold Max Power in the US. This marks the fifth online game in the award-winning and iconic Buffalo portfolio, following the success of Buffalo, Buffalo Gold Collection, Buffalo Chief, and Buffalo Gold Revolution.

Buffalo Gold Max Power builds on the legacy and popularity of Buffalo Gold, a fan-favorite in land-based casinos. This online adaptation is born to entertain with new features powered by Aristocrat’s proprietary Max Power mechanic, offering players up to 46,656 ways to win free spins and collect Gold Buffalos. With dynamic reels that vary from 2 to 6 symbols on every spin and a redefined feature, Buffalo Gold Max Power is ready to create a stampede of excitement.

“For more than a decade, our iconic Buffalo games have captivated players as some of the most iconic slot games in land-based casinos. With Buffalo Gold Max Power, we’re bringing this timeless favorite online with enhanced gameplay and features that players will love. The launch in New Jersey is an exciting milestone as we continue to deliver innovative and memorable gaming experiences globally,” said Josh Morris, SVP Content at Aristocrat Interactive Content & Aggregation.

Earlier this year, Buffalo was awarded the winner of the Top Performing Omni-Channel Slot at the EKG Awards. The launch of Buffalo Gold Max Power is the latest step in Aristocrat Interactive’s strategy to expand Aristocrat’s industry-leading content portfolio into the online space. The game is currently available with online operators in New Jersey, Ontario, Canada and the UK, with more markets to follow overtime.

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Compliance Updates

JCM Global Receives Approval to Operate in West Virginia

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JCM Global announced that it has successfully passed regulatory review and received a manufacturer’s license from the West Virginia Lottery Commission. The license enables JCM to directly sell to and service customers in the state.

“At JCM, we are committed to our customers. While attaining licensing was not required, we pursued it because it allows us to directly provide JCM’s leading technology and advanced systems, backed by our world-class service, and support, resulting in faster service times and simplifying the entire relationship between JCM and our customers,” said JCM SVP – Sales, Marketing & Operations Dave Kubajak in a statement.

JCM recently announced it has attained licenses in Colorado and New Mexico, bringing the company’s total number of active gaming licenses to 177.

In West Virginia, JCM will provide technology, including the iVIZION bill validator; ICB Intelligent Cash Box System, which boosts security and efficiencies across the gaming floor; and the GEN5 thermal printer, which delivers TITO, personalized promotions, and rewards directly to the player.

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