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ODDS ON COMPLIANCE UNVEILS GAMBLING AND TECHNOLOGY INDUSTRY ALL-STAR ADVISORY BOARD

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ODDS ON COMPLIANCE UNVEILS GAMBLING AND TECHNOLOGY INDUSTRY ALL-STAR ADVISORY BOARD

 

Odds On Compliance, the industry-leading technology and consultancy firm specializing in sports betting, iGaming, and gambling compliance and regulatory frameworks in the US and abroad, has unveiled Tom Auriemma, Michelle Chatigny, Robin Chhabra and Sanjay Chopra as the industry experts who comprise the company’s newly formed Advisory Board.

Tom Auriemma was a pioneer of the New Jersey gaming industry and spent 28 years as a casino regulator in that State culminating in his appointment as the Director of the New Jersey Division of Gaming Enforcement. Auriemma now currently serves as the Chairman of the Compliance Committees for MGM Resorts International, Penn National Gaming and Mohegan Gaming & Entertainment. Joining Auriemma on the Odds On Compliance advisory board is Michelle Chatigny, a 20-year veteran of IGT where she was Vice President, Global Regulatory and Product Compliance, before joining Wynn Resorts, Limited’s Compliance Committee, a position she has held since August 2018. Robin Chhabra is the third expert lending his experience and knowledge to Odds On Compliance. Chhabra is President of Tekkorp Digital Acquisition Corp., and has previous experience including being CEO and Special Advisor to FOXBet, Chief Corporate Development Officer of The Stars Group, and Group Director of Strategy and Corporate Development at William Hill. Sanjay Chopra completes the Advisory Board. Chopra is Co-Founder and CEO of Cognistx, the AI specialists with whom Odds On already has a previously announced partnership.

“I am extremely proud and honored to welcome such a distinguished group of experts to Odds On Compliance as our advisory board,” said Odds On Compliance CEO and Co-Founder Eric Frank. “In our initial group of four we have some of the smartest, most experienced people in their respective industries worldwide, and they will play a strong role in helping us shape the future of our business as we grow and expand in 2022 and beyond. At our core, Odds On Compliance is a technology business, so having the experience that Sanjay brings from Cognistx is invaluable for our whole team, but we are a tech business which specializes in regulatory compliance in the sports betting, iGaming, and gambling industries, in the US and abroad, so Michelle, Tom and Robin very neatly complement Sanjay, giving us the benefit of their combined knowledge, leadership, and experience. We are excited to welcome them all to our team and look forward to working with them in an exciting 2022 and beyond.”

Tom Auriemma is one of the casino industry’s leading gaming attorneys and consultants and is the 2019 recipient of the Lifetime Achievement Award from the International Association of Gaming Advisors for his many contributions to the gaming industry. He is the Chairman of three Compliance Committees: Penn National Gaming, Inc., MGM Resorts International, and Mohegan Gaming and Entertainment. Previously, he was Vice President of Regulatory Affairs and Chief Compliance Officer for Penn National Gaming, Inc. Auriemma was a pioneer of the New Jersey gaming industry, and spent 28 years as a casino regulator in that State before culminating in his appointment as the Director of the Division of Gaming Enforcement. Auriemma received his Juris Doctor degree from Seton Hall University School of Law where he graduated second in his class.

Michelle Chatigny was previously with the Nevada Gaming Control Board. After her departure she joined IGT, one of the world’s largest gaming suppliers that was licensed and conducting business in every jurisdiction in the world where gaming was legal. As acknowledged by regulators, IGT set the “gold standard” for compliance in the gaming industry. Michelle remained with IGT for just over 20 years and was responsible for its global compliance efforts, including but not limited to licensing, product approvals, suitability determinations, corporate security, the IGT Compliance Committee, as well as the Company’s Code of Conduct, and internal integrity reporting matters. Michelle previously served on The Stars Group Compliance and Political Activities Committees, and currently serves on the Wynn Resorts, Limited Compliance Committee, a position she has held since August 2018. She was also elected to the Wynn Resorts, Limited Special Litigation Committee in October 2018. Michelle is currently a member of the International Masters of Gaming Law and the International Association of Gaming Advisors.

Robin Chhabra is President of Tekkorp Digital Acquisition Corp and has been at the forefront of corporate acquisition activity within the digital gaming landscape for over a decade. His experience includes leading corporate strategy, M&A, and business development at two of the global leaders in the digital gaming industry, The Stars Group and William Hill, and a leading supplier, Inspired Gaming Group. At The Stars Group, Robin was Chief Corporate Development Officer, and served as the CEO of FOX Bet, the leading U.S. online gaming business which is the product of a landmark partnership between The Stars Group and FOX Sports, a transaction which he led. While with The Stars Group, Robin led several transactions which transformed The Stars Group into the largest publicly listed online gambling operator in the world with revenues of over $2.5 billion. Previously, he was Group Director of Strategy and Corporate Development at William Hill, where he led transactions which transformed the company from a land-based gambling operator in the United Kingdom to a leading online-led international business. This included William Hill’s entry into the U.S. sports betting and online lottery markets via the acquisition of four businesses.

Sanjay Chopra is the Co-Founder and CEO of Cognistx, a six-year-old applied AI company with several high impact AI applications for retail, cybersecurity, supply chain, logistics, and manufacturing. Chopra is also the Co-Founder and CEO of Intellions, a pricing software company. He has over 28 years of expertise in AI, e-commerce strategy, business development and technology and is the winner of the E&Y Entrepreneur of the Year 2000 award for OnlineChoice. He actively participates in promoting entrepreneurship in Pittsburgh and was the Founding Chair of Pittsburgh Social Venture Partners, and a founding charter member of the TiE Pittsburgh. He has also consulted for Goldman Sachs in various strategy and e-commerce projects, and has worked as a software engineer/manager at Federated Investors, Carnegie Group, and Allegheny Management Company. He is an Adjunct Professor of e-Commerce at Carnegie Mellon University and holds an MBA from Carnegie Mellon University (GSIA – Tepper Business School), a Master of Science degree in Computer Science from Virginia Polytechnic Institute and State University (Virginia Tech) and Bachelors in Computer Technology from Maulana Azad National Institute of Technology (MANIT – REC), Bhopal, India.

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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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