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Gambling in the USA

GiG announces new North American hub, led by co-founder Ben Clemes

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GiG announces new North American hub, led by co-founder Ben Clemes

 

On the back of a flurry of recent activity, GiG has today announced further investment into North America with the creation of a US hub led by co-founder Ben Clemes, who will assume the position of President of GiG North America.

GiG has been operational in the US since 2018, initially powering the Hard Rock brand in New Jersey, before furthering that investment over the last four years, expanding all North American operations to accommodate each of its business units. In recent months alone, GiG has announced the launch of PlayStar in New Jersey, the issuance of authorisation in Pennsylvania and a deal with Crab Sports in Maryland, ahead of pending regulation in the state.

The foundations of operations in the US marks a continued strengthening of the strategic commitment GiG has placed on business in North America. Over half the states in the US have legalized Sports Betting over the last four years, with approximately 20% of those states also legalizing iGaming (casino), a ratio that is only expected to get stronger over the years to come.

GiG Media alone has been applying for authorization as fast as states regulate, and is now licensed and operating in over 19 states, which will look to be strengthened with a further local approach to operations and build on the solid foundations built over the last two years.

The past 12 months has seen significant progress for GiG. The purchase of Sportnco, a globally regulated Sports Betting platform that has been overperforming in some of the most regulated markets in the world for the past 10 years, has been complemented by the development of our next generation platform technology, specifically developed for the North American market. GiG’s platform, combined with the powerful Sportsbook, is due to go live in Maryland with Crab Sports as soon as regulation allows.

Richard Brown, CEO of GiG comments “We have strong aspirations for North America as part of our global strategy, and with the integration of Sportnco and completion of our next generation of technology within the platform, the timing is perfect to further establish GiG operationally into the continent to capitalize on each and every opportunity. With Ben’s long history at GiG, product expertise and local knowledge there is no one better to lead the US team.”

Jonas Warrer, Chief Marketing Officer and MD of GiG Media said “Expansion into the US with a permanent hub for our operations is the natural development for our business unit, and I’m delighted we are able to take that next step. We have enjoyed fantastic growth over the last few years, firmly cementing ourselves as one of the leading marketing and media service providers in our industry and this is an outstanding opportunity for us to build on those successes, establishing a firmer foothold in North America.”

Ben Clemes adds “The first decision that I made with GiG was the move from Malta to Marbella to set up a hub to support our growing B2B businesses, and I am very inspired to make this next move to the US to establish GiG further into the North American office. The timing is perfect, with the full integration of Sportnco into our next generation of platform technology developed specifically for the North American market. In addition to supporting GiG Media growth with their strategy across the Atlantic. It has been 15 years since I set foot in Europe and I am excited to be moving back to where my gaming career started.”

GiG expects the new hub to be operational during Q2, 2023.

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Gambling in the USA

Fanatics Betting and Gaming, Boyd Gaming Announce Missouri Partnership

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Fanatics Sportsbook Plans To Launch Online Statewide, Open Retail Sportsbooks Serving Kansas City and St. Louis Markets –

Today, Fanatics Betting and Gaming announced that it is partnering with Boyd Gaming Corporation in the state of Missouri.

Under the terms of their multi-year agreement, Fanatics Sportsbook will operate mobile sports betting under Boyd’s sports betting license in Missouri. The companies will open Fanatics-branded retail sportsbooks at Boyd’s Ameristar Casino Hotel Kansas City and Ameristar Casino Resort and Spa St. Charles, located near St. Louis. Fanatics plans to launch its online and retail betting products with the debut of regulated sports wagering in Missouri this December, contingent upon receipt of all required regulatory approvals.

Upon launching this December, sports fans across Missouri will be able to download the Fanatics Sportsbook on iOS and Android and begin their Fanatics experience. Winning Hits Different in Missouri on Fanatics Sportsbook with up to 10% FanCash back on every bet, win or lose; Fair Play™ injury protection; and events and experiences that only Fanatics can pull off.

Fanatics Sportsbook App in Missouri

The Fanatics Sportsbook retail locations at the two Ameristar casinos in Missouri will cater to guests looking to enjoy the ultimate sportsbook experience, offering legal betting markets for all major sports including professional and college football, basketball, hockey, baseball, tennis, soccer, golf, MMA, boxing and more. All development and trading of sports betting markets will be done in-house by Fanatics.

For more news and information on the pending launch of legal sports betting in the state of Missouri, follow the Fanatics Sportsbook social channels on X @FanaticsBook and on Instagram @FanaticsSportsbook.

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Gambling in the USA

NYC Mayoral Front-runner Zohran Mamdani Says He Won’t Oppose Casino Development

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As a state lawmaker, Zohran Mamdani generally opposed plans to open full-scale casinos in New York City. In June, when he walked past a billboard showing betting markets for the city mayor’s race, he even quipped that “gambling is haram,” an Arabic word meaning forbidden.

But on Wednesday, Mr. Mamdani said that he did not intend to use his newfound political clout as the Democratic mayoral nominee and the race’s front-runner to try to stop the arrival of casinos that are widely considered a fait accompli.

Speaking alongside the leader of a union pushing the gambling expansion, Mr. Mamdani told reporters that while he still had doubts about the casinos backed by corporate giants, he respected the views of state voters who had approved the downstate gambling expansion more than a decade ago.

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Gambling in the USA

Better Business Bureau Reports Increase in Online Gambling Complaints

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According to research from Better Business Bureau (BBB), the illegal online gambling market is nearly four times bigger than the legal online gambling industry; $402 billion to $103 billion (estimates from Researchandmarkets.com and the American Gaming Association, respectively).

The BBB says it has received almost 200 scam reports and more than 10,000 business complaints related to online gambling and gaming since 2022. Some scam reports involved theft, while complaints showed a pattern of unclear terms and consumer misunderstandings. In some cases, consumers lost tens of thousands of dollars.

Here are some common questions with answers from the BBB regarding online gambling:

What red flags should I look out for if using gambling or gaming services?

Big promises around payouts and tempting ads without details are common. Many people aren’t aware the people they are dealing with are in countries overseas. People should also be leery of sweepstakes-style games, payment through cryptocurrency and typos in names.

How can I avoid issues with gambling or gaming companies?

Read your state and provincial laws. There are many different laws for online gambling, depending on where you live.

Check for proper licensure. Even if your state allows gambling, it may have a limited list of allowed websites. Check with your state’s gaming agency to see who is licensed.

Read the fine print. The reality of how winning and withdrawal works may be different than your first impression on a website. Check out the details of a specific service and fully understand how they work before sending them any money.

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Even legitimate websites may freeze winnings. There are many reasons why a casino or sportsbook might freeze winnings, even if the money is rightfully yours. Know what actions to take if your account is frozen.

Visit BBB.org to check out a business or register a complaint and BBB.org/ScamTracker to report a scam.

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