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Push Technology Appoints Riaz Mohammed as CTO

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Push Technology Appoints Riaz Mohammed as CTO

 

Push Expands Senior Team to Support Increased Business Momentum

Push Technology, the pioneer and leader in real-time data streaming and messaging solutions, has announced the appointment of Riaz Mohammed as its new CTO. Riaz has extensive experience in a variety of industries including Banking and Finance, Utilities, Transportation, Automotive, and Government.

During his career Riaz has contributed to and developed numerous solutions and platforms, most notably in the fields of predictive analytics, market surveillance and trade monitoring, and In-Memory Data Grids and streaming analytics. In his previous role as Technical Director at Hazelcast, Riaz was responsible for driving innovation and growth. He led a high performing team of Solution Architects/Pre-sales that affected thought leadership, messaging, streamlining processes and resource planning. Under his technical sales strategy and solution architecture remit, he helped the company generate sustainable revenue growth in the region of 6X.

Prior to Hazelcast, Riaz worked at Software AG as a Senior Solutions Engineer in the Financial Services sector. Working in pre-sales, Riaz worked closely with sales, product management and consultants to support sales cycles. He was involved in strategic engagement planning, solution design, creating architecture artefacts and hands on development of prototypes. In other roles, Riaz has held senior developer positions at Nomura, JP Morgan and Deutsche Bank.

Riaz said: “Push Technology has a reputation for removing the real-time, event-data consumption, enrichment and delivery challenges faced by many organizations, especially in Financial Services and eGaming. Its solutions enable companies to focus on what matters – the future growth of their businesses. I’m very excited to be joining the team at a time when platforms such as Diffusion are becoming integral to the enablement of digital transformation strategies.”

John Pocock, Executive Chairman and CEO at Push Technology, comments: “Riaz is joining Push at a critical juncture as we are seeing first-hand a rapid escalation in the adoption of real-time streaming technologies. Riaz adds significant experience to the Push team and will play a key role in helping us achieve revenue objectives that will fuel our continued growth.”

 

About Push Technology

Push Technology pioneered and leads the market in real-time, event-data streaming and messaging solutions that power mission-critical business applications worldwide. Push’s Diffusion Intelligent Event-Data Platform is purpose-built to simplify and accelerate event-driven, real-time application development, reduce ongoing operational costs, and speed time-to-market. Diffusion consumes raw event data in any size, format or velocity; enriches event data dynamically in-flight; and delivers event data reliably and at massive scale with secure, fine-grained, role-based access control.

Leading brands, across industries including financial services, transportation, energy, retail, healthcare, eGaming, and Internet of Things companies, use the Diffusion Intelligent Event- Data Platform to drive customer engagement, fuel revenue growth, and streamline business operations. Diffusion is available on-premise, in-the-cloud, or in hybrid configurations, to fit the specific business, regulatory, and infrastructure requirements of the event-driven applications operating in today’s everything connected world. Learn more at www.pushtechnology.com.

 

BRAGG GAMING APPROVED FOR LICENSE BY PENNSYLVANIA GAMING CONTROL BOARD

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BRAGG GAMING APPROVED FOR LICENSE BY PENNSYLVANIA GAMING CONTROL BOARD

 

Represents Final License Approval Required to Complete Spin Games LLC Acquisition

Bragg Gaming Group announced that at yesterday’s meeting, the Pennsylvania Gaming Control Board (“PGCB”) approved the Company to participate in the Commonwealth’s robust iGaming market. The PGCB’s approval is the final regulatory approval needed in advance of closing for Bragg to complete its previously announced acquisition of Spin Games LLC which the Company expects to close later this month. Nevada-based Spin Games is a B2B gaming technology and content provider currently servicing the U.S. market. Spin Games holds licenses in key iGaming-regulated U.S. states including New Jersey, Pennsylvania, Michigan and Connecticut, and supplies Tier 1 operators in these markets.

Yaniv Spielberg, Chief Strategy Officer for Bragg, said, “We appreciate the PGCB’s staff members’ diligence in reviewing our license application and thank them for the approval to enter Pennsylvania’s iGaming market. Reflecting this license approval, we look forward to completing our acquisition of Spin Games in the next few weeks.  Since announcing the planned acquisition, we have worked closely with the Spin Games team to complete the technical integration between our Remote Game Server (RGS) and their technology platform and as a result, we are ready to begin operating in several U.S. markets very quickly following the completion of the acquisition later this month.  We expect the Spin Games and our RGS combined offering will deliver the benefits of our advanced player engagement, data tools and platform technology alongside Spin Games’ U.S. market content and operator relationships, providing for a differentiated and widely distributed iGaming product offering.”

Rivalry to Report First Quarter 2022 Results on May 26

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Rivalry to Report First Quarter 2022 Results on May 26

 

Rivalry Corp., an internationally regulated sports betting and media company, today announced details of its planned release of first quarter 2022 financial results.

The Company expects to file its Q1 2022 results the morning of Thursday, May 26, 2022 prior to the commencement of TSXV trading. Management plans to host an investor conference call that same day at 10:00 am EDT to discuss the results.

Conference Call Details

Timing: Thursday, May 26, 2022 at 10:00 am EDT
Dial-in: 888-396-8049 (toll free) or (+1) 416-764-8646 (local or international calls)
Webcast: A live webcast can be accessed from the Events section of the Company’s website at www.rivalrycorp.com .
A replay of the webcast will be archived on the Company’s website for one year.

HARD ROCK SPORTSBOOK LAUNCHES INSTANT DEPOSITS AND PAYOUTS WITH NUVEI

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HARD ROCK SPORTSBOOK LAUNCHES INSTANT DEPOSITS AND PAYOUTS WITH NUVEI

 

Nuvei Corporation, tomorrow’s payment platform, announces today that it has partnered with Hard Rock Digital to provide payments services for its Hard Rock Sportsbook mobile app.

Players in Arizona, Virginia and states with upcoming launches of the all-new Hard Rock Sportsbook platform will be able to instantly deposit funds to their gaming wallet from their bank account using Nuvei’s Instant Bank Transfer technology. Players can also withdraw funds directly to their bank account in real-time 24/7 thanks to Nuvei’s integration with The Clearing House’s Real Time Payments network.

With Nuvei Instant Bank Transfer, players receive their funds into their account easily and quicker than any other deposit method. And industry research confirms that payout times are one of the most important factors players consider when comparing operators, and that players are now not prepared to wait 24 hours or longer for their winnings to be accessible. Hard Rock Sportsbook customers can now receive payouts safely and immediately to their bank accounts thanks to Nuvei’s Instant Withdrawals through the RTP network.

“Hard Rock Sportsbook is building the best product in the market with an engaging, entertaining and frictionless experience for the sports betting player and being able to provide instant access to funds is fundamental,” said Matt Primeaux, Executive Managing Director and President of Hard Rock Digital. “We’re excited to continue to roll out the all-new Hard Rock Sportsbook app to more states across the country and Nuvei’s technology and partnership is essential to creating our industry-best player experience.”

“We know players want to be able to deposit and access funds from their gaming account immediately when they request a withdrawal, which is why we were first to market last year offering players instant payouts via the Real Time Payments network,” said Nuvei Chair and CEO Philip Fayer. “Enabling Hard Rock Sportsbook to offer instant deposits and payouts is just another example of why Nuvei is the leading payments technology partner for the iGaming industry in the U.S.”

The Real Time Payments network is currently accessible to financial institutions that hold 75% of U.S. demand deposit accounts (DDAs). The network currently reaches 61% of U.S. DDAs.

Currently 70% of instant bank transfer payouts processed by Nuvei are executed via an instant payment on the RTP network. This figure is purely limited by the players’ bank accounts not being connected to the RTP network and any payout requests that cannot be processed through the RTP network are automatically re-routed through the traditional Automated Clearing House (ACH) system as a fall-back option.

The announcement is the latest from Nuvei as it continues to solidify its position as the payment technology partner of choice for fantasy sports, gaming and sports betting brands across the U.S., in approved and regulated states.

Sports betting: Saul Alvarez v Dmitry Bivol preview

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Pound for pound boxing superstar Saul Alvarez returns to the ring on Saturday 7th May when taking on Dmitry Bivol at the T-Mobile Arena, Las Vegas. This is another step up in weight for the famous fighting Mexican who continues to defy logic as he aims to take the WBA light heavyweight world title. This is a fighter that won his first title at welterweight and has been a success in every weight category he has entered since. But has he bitten off more than he can chew at the third-highest division? Fight fans can’t wait to find out.

If Canelo is to add another world championship belt to his already sizeable haul, he must defeat a naturally bigger and stronger opponent who is used to trading blows with light heavyweights. Bivol knows he enters as the underdog to win this contest, but the current keeper of the WBA belt is confident he has the physical attributes to silence his doubters. Is Bivol the man to finally halt the Canelo express train?

The top sportsbooks certainly don’t think so, and traders in Las Vegas have Alvarez priced as the most likely winner of this bout. Followers of professional boxing can make their predictions at VIP sports betting sites, and there are more options available than you may think. You can keep it simple and pick the fight result – Alvarez, Bivol or the draw. There are also specials, such as the method of victory, total rounds, number of knockdowns, the bout to be won in an odd or even number of rounds or a fighter to be knocked down but go on to win.

Where does the smart money go? You’ll find out in this big fight preview, and we have enlisted the help of former professional boxer and current fight-game betting writer Frankie Monkhouse who makes his predictions. Let’s get ready to rumble.

Alvarez is creating a legacy

Canelo will duck between the ropes at the sold-out Las Vegas arena on fight night with a stunning professional record detailing 57 wins against one defeat and two draws. The only loss on his card was inflicted by the self-proclaimed “Best Ever” Floyd Mayweather, who collected a convincing points victory in Sin City. That was back in 2013, and much has changed for the beaten man since. Alvarez hasn’t lost a bout since, despite ranking among the most active fighter at championship level in the world. He is a gladiator that simply loves to compete, test himself against top-level opponents and win world titles.

Saul isn’t happy simply keeping busy and winning fights. He is determined to create a lasting legacy that will take many years to better, if possible. Since losing to Mayweather, the hit-list of Canelo includes Miguel Cotto, Amir Khan, Julio Cesar Chavez Jr, Gennady Goloivkin, Callum Smith and Billy Joe Saunders. Both Smith and Saunders were unbeaten world champions before running into the Mexican, and he dispatched both in the kind of fashion that left followers suggesting neither will return to the top level of the sport, such was the savage beating they received.,

We last saw Alvarez in action against Caleb Plant in a bout he was expected to win, and one, he got the desired result without too much fuss. There was no lack of needle between Alvarez and Plant, but when the bell went, there was only ever going to be one winner. Canelo dominated the fight before finishing it in round 11. Caleb was dropped to the canvas twice before referee Russell Mora stepped in to save him from any further punishment.

Bivol is unbeaten

All the talk and hype pre-fight focuses on Canelo and his strengths, but what about Bivol. Who is the champion, and what does he bring to the table? The Californian-based fighter brings a perfect 19-fight record, with 11 of those wins coming inside the distance to create a 58% KO average.

He scored a stunning 12-round points decision over Craig Richards in Manchester, England, on the undercard of Derek Chisora v Joe Parker and followed that with another win on the scorecards in Russia last time out, beating Umar Salamov. He is a hard-hitting fighter, but each of his last six wins have come on points, and he’ll aim to take Canelo into the later rounds in Vegas.

Chewelah Casino Selects OPTX Platform for its Marketing Products

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Chewelah Casino in Washington has selected OPTX platform for its marketing products. The platform offers real-time campaign performance with revenue forecasting and statistics on both web and mobile.

“Creating a personalized campaign for our players has been a continuous goal of ours. OPTX will allow us the ability to segment our database to create custom messaging for our players. We can’t wait to get started,” Dwayne Fitzgerald, General Manager of Chewelah Casino, said.

“We are excited to bring our marketing products to Chewelah Casino. With OPTX, Chewelah will have the ability to introduce complex and automated marketing campaign functionally which will not only save their team members’ time but increase the precision and effectiveness of their marketing spend,” Brooke Fiumara, Co-CEO at OPTX, said.

The OPTX platform includes functionality designed for marketing teams who are tasked with driving acquisition, revenue, and loyalty for their property. The marketing module provides real-time campaign performance with revenue forecasting and pertinent database statistics on both web and mobile. The software provides an end-to-end solution focused on slots, marketing and campaigns, player development, and artificial Intelligence. The data intelligence used by OPTX creates actionable recommendations for casino operators, provides real-time individualized insights to ensure that no actionable player is missed, and empowers teams to spend less time compiling the data and more time implementing strategies that increase guest visitation, revenue, and profitability.

Saracen Casino Resort Selects Global Payments’ iGaming Solutions to Launch Arkansas’ First Sports Betting App

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Global Payments Gaming Solutions has announced that Saracen Casino Resort in Pine Bluff, Arkansas, has selected its igaming solutions for its new sports betting app, BetSaracen.

Founded in 2019, Saracen Casino Resort provides a luxurious casino gaming experience in the heart of Arkansas. With an 80,000 square foot gaming area, 2300 slot machines, and nearly 40 table games, Saracen Gaming Resort is renowned for its in-person gaming. However, Saracen Casino Resort has its eyes on the future.

Earlier this year, the state of Arkansas legalized mobile sports betting, and gaming institutions are eager to offer a mobile solution. Saracen Casino Resort is breaking into the mobile gaming industry with BetSaracen, the state’s first mobile sports betting app.

Global Payments’ iGaming solutions allow casinos to leverage a multi-channel approach to connect online and brick-and-mortar gaming. Global Payments’ VIP Lightspeed platform powers funding and withdrawals for iGaming, while VIP Preferred e-check network allows users to effortlessly access funds from their checking account.

“As we enter the mobile gaming space, we wanted to offer the best possible gaming experience. With Global Payment’s iGaming solutions, we can provide our patrons with a broad assortment of gaming and payment options,” Carlton Saffa, CMO at Saracen Casino resort, said.

“As an industry leader, Global Payments Gaming Solutions strives to provide patrons with the flexibility to game from any location. We are excited to work with Saracen Casino Resort and help them launch Arkansas’ first mobile sports betting app,” Christopher Justice, President of Global Payments Gaming Solutions, said.

EGT Interactive Announces Partnership with Rivalo.co

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EGT Interactive announced that they will strengthen their position in the Colombian market through a partnership with the operator Rivalo.co.

The sports betting and online casino that has been operating for more than three years in Colombia and seven years in Latin America recently presented its new campaign: Colombia’s biggest online casino. By adding EGT Interactive’s popular portfolio, Rivalo will diversify its offering and attract more players.

The first territory that will benefit from the partnership is the Colombian iGaming market, where players can already enjoy EGT Interactive’s top-performing games. Some of the most popular titles already available are: 100 Super Hot, 27 Wins, Amazons’ Battle, Flaming Hot, Grace of Cleopatra, and many more.

“We are exceptionally happy to set the beginning of a partnership with EGT Interactive. After the successful launch of the live casino in 2021, we have the challenge to continue growing; thus, we keep the efforts with partners and developers to continuously launch new experiences on our site. In the upcoming months, we will have more than the greatest game offer in Colombia,” Felipe Agüero, Country Manager of Rivalo in Colombia, said.

“We are extremely proud to expand our Colombian presence with such a prominent operator as Rivalo. We are looking forward to seeing this partnership grow, and we are confident the results will exceed our expectations,” Ivo Georgiev, Managing Director of EGT Interactive, said.

TAPPP and BetMGM Announce Expansion of Gift Card Distribution Network

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TAPPP, a New York-based technology and marketing company focused on customer acquisition and flexible consumer payment platforms, and BetMGM, a leading sports-betting and iGaming operator, announced an expansion of BetMGM’s gift card distribution network. The number of stores carrying BetMGM prepaid cards will roughly double from around 6000 to more than 12,000 in the current quarter.

BetMGM’s partnership with TAPPP launched in September 2021, attracting a vast group of new customers, and providing existing customers with a fast, flexible option to fund their BetMGM accounts in states in which sports betting is legal. Since its inception, the BetMGM gift card business has experienced an industry-leading redemption rate of 99%, with nearly 75% of customers redeeming their purchases within just 2 hours.

“The launch of our prepaid sports betting card business has exceeded all expectations, and we are looking forward to even greater success as legal sports betting continues to enter new markets across the country. The program’s expansion this quarter is the latest phase of our continued successful partnership with TAPPP to provide customers with an easy and responsible way to fund their BetMGM accounts,” Matt Prevost, Chief Revenue Officer of BetMGM, said.

BetMGM gift cards are now available in 12 states, including the recent debuts in New York and Pennsylvania and upcoming launches in Wyoming and Mississippi. This quarter’s expansion will push the distribution network further into the grocery segment, a vastly underutilized retail space in sports betting prepaid cards, and within big box/home improvement retailers.

TAPPP’s API-driven platform provides real-time redemption data which helps to drive BetMGM’s marketing and acquisition campaigns. Further, TAPPP provides BetMGM with strategic support, payment servicing, and sales analytics all of which help drive sales and customer retention.

MGM Completes Acquisition of Cosmopolitan’s Operations

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MGM Resorts International announced the closing of its transaction with Blackstone to acquire the operations of The Cosmopolitan of Las Vegas (The Cosmopolitan) for cash consideration of $1.625 billion. With the closing of the transaction, The Cosmopolitan officially joins MGM Resorts’ roster of iconic brands along the Las Vegas Strip.

“This is a big moment for our company and for the Las Vegas Strip. The Cosmopolitan of Las Vegas has already established itself as one of the Strip’s premier resorts with an iconic brand, well-curated experiences and a loyal customer base. We couldn’t be more excited to bring them into our portfolio of world-class operations. We’re also thrilled to have the talented group of CoStars from The Cosmopolitan joining the MGM Resorts family. We look forward to improving upon The Cosmopolitan’s already strong results by offering their customers access to the extensive and exclusive amenities and other benefits only MGM Resorts can provide,” Bill Hornbuckle, CEO and President of MGM Resorts, said.

The Cosmopolitan, a leading contemporary luxury resort and casino, opened in December 2010 and underwent significant capital improvements following Blackstone’s acquisition of the property in 2014. The property features:

  • 3033 rooms and suites that were renovated in December of 2018, most of which feature terraces overlooking the famed Las Vegas Strip,
  • a 110,000 square-foot casino, with high-end gaming areas for VIP guests,
  • 26 on-trend food and beverage offerings, with 19 new concepts introduced in the last four years,
  • a 3200-seat theater (The Chelsea),
  • Marquee nightclub and dayclub that hosts top DJs from around the world,
  • 243,000 square feet of centrally located meeting space, featuring state-of-the-art technology to accommodate both large and small groups,
  • 36,000 square feet of leased retail space, and
  • a 43,000 square foot spa and fitness facility.

MGM Resorts entered into a 30-year lease agreement, with three 10-year renewal options, with a partnership among Stonepeak, Cherng Family Trust and Blackstone Real Estate Income Trust (BREIT), which acquired The Cosmopolitan’s real estate assets. MGM Resorts will pay an initial annual rent of $200 million, escalating annually at 2% for the first 15 years and the greater of 2% or the CPI increase (capped at 3%) thereafter.


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