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OpenBet Appoints DAZN and American Gaming Association Execs To Reimagine Sports Betting Entertainment

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OpenBet Ready to Launch World Class Mobile Sports Technology and Content in Massachusetts

 

Florian Diederichsen and Jessica Feil join leading sports betting provider ahead of exciting period of change for company

OpenBet, the world leader in sports betting entertainment and the sports betting business of Scientific Games Corporation, has appointed two highly-experienced executives to its senior management team in a move that reinforces the quality of opportunity and exciting future that lies ahead for the company.

Florian Diederichsen joins OpenBet from DAZN as Chief Technology Officer, tasked with evolving OpenBet’s modular sports product offering and accelerating the next generation of sports betting entertainment through the use of cutting edge technologies. Diederichsen has a wealth of experience having held CTO roles at several major sports organizations, including DAZN where he oversaw the development of the company’s OTT sports service, as well as Perform, where he was responsible for technical operations of its global sports content and video services.

Jessica Feil joins OpenBet from the American Gaming Association (AGA) to become OpenBet’s VP, Regulatory Affairs and Compliance as the business prepares for exponential US and international expansion in 2022 and beyond. Jessica most recently held the position of Vice President, Government Relations & Gaming Policy Counsel at the AGA, where she was one of North America’s leading legal and regulatory experts. Jessica started her career at Ifrah Law, where she advised clients on a variety of areas including regulation, compliance and licensing.

These two senior appointments form part of OpenBet’s ongoing strategy of investing in people to create value for its customers. The leading provider of sports betting technology, content and services is doubling down on operational excellence to create competitive advantage and mastermind thrilling betting experiences for billions of fans that will drive the next wave of industry innovation.

Jordan Levin, CEO of OpenBet, said: “Bringing Florian and Jessica to the OpenBet team changes the game and is testament to the vision we have here at OpenBet. The appointment of two highly-skilled and respected individuals demonstrates the ambition we have to deliver the next generation of sports betting entertainment to operators and bettors worldwide. As we drive for hyper-differentiation, and with legislation moving at a pace, we can entrust both Florian and Jessica to help take OpenBet forward in their respective fields that will add significant value for our global customer base.”

Florian Diederichsen, Chief Technology Officer of OpenBet, said: “I’m delighted to have joined OpenBet and thoroughly looking forward to the next chapter of my career. The ambition shown by the OpenBet team, the quality of the management team truly excites me and I’m ready to raise my game to implement the vision required to take sports betting to a new level. Development work is already underway behind the scenes that will revolutionise the future of sports betting entertainment and I cannot wait to share our innovative concepts with the marketplace.”

Jessica Feil, VP, Regulatory Affairs & Compliance at OpenBet, said: “OpenBet’s determination to expand across the globe and deliver sports betting entertainment to billions of players worldwide is unrivalled. With legislation moving quickly within the U.S. and globally, I’m looking forward to providing valuable support and expertise to aid the company’s aggressive growth strategy. Compliance and regulatory affairs are incredibly important aspects of sports betting and OpenBet continues to set the standard of delivering the safest and most reliable experiences for players to enjoy cutting-edge entertainment.”

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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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Latest News

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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