Fubo Gaming, a subsidiary of leading sports-first live TV streaming platform FuboTV Inc. (NYSE: FUBO), announced the launch of Fubo Sportsbook in New Jersey after successfully completing the soft play phase of the state’s Division of Gaming Enforcement regulatory process.
Starting today, sports enthusiasts 21 years of age and older across the Garden State can place a variety of wagers on thousands of live and future professional and out-of-state collegiate sporting events using the Fubo Sportsbook app on iOS and Android or on the website. The launch of Fubo’s revolutionary sportsbook, the first to integrate watching and wagering in one ecosystem, kicks off just in time for the 2022-23 football season, one of the busiest sports betting periods.
Fubo Gaming intends to continue iterating the app, launching additional features that will further integrate wagering into the FuboTV platform.
The launch reinforces FuboTV’s commitment to interactive wagering following its recent decision to place its online wagering business under strategic review. The company continues to believe that an integrated wagering platform, offering both live video and a sportsbook, will result in the best viewing and gaming experience for consumers. However, given today’s macroeconomic environment, FuboTV has concluded that it will no longer pursue this opportunity on its own and is exploring the best path forward.
The launch in New Jersey, via an agreement with Caesars Entertainment, Inc., further expands FuboTV’s mission to deliver personalized omniscreen experiences that turn passive viewers into active participants. The wagering platform is purpose-built to meet U.S. sports fans’ growing demand for interactivity through the integration of a sports wagering platform with a live TV streaming experience. Users in the Garden State will soon be able to experience Fubo Sportsbook’s proprietary feature, Watch & Wager (formerly known as “Watching Now”), which leverages FuboTV’s first-party user data to recommend relevant bets based upon what viewers are streaming — even as they change the channel.
Fubo Sportsbook’s launch in New Jersey builds upon Fubo Gaming’s presence in the Garden State through its previously announced multi-year partnership with the New York Jets — representing the NY/NJ metropolitan area, with their home stadium located in New Jersey. In 2021, Fubo opened a 7,000-square-foot lounge at MetLife Stadium, featuring a full-service bar, live-action screens and incredible views of the Jets on-field action from the lounge’s outdoor patio. The launch of Fubo Sportsbook in New Jersey enhances Fubo’s ties with the Jets with the activation of its mobile sports betting lounge during the 2022 football season. With the assistance of a service team ready to help, guests 21 and over will be able to enjoy an unparalleled in-stadium experience through the look and feel of a casino-style sportsbook with betting odds integration, as well as incentives and special bonus offers provided by Fubo Sportsbook.
“Launching Fubo Sportsbook in New Jersey is an important early step in the development of our integrated platform, which includes a recently improved user experience and enhanced product capabilities,” said Scott Butera, president, Fubo Gaming. “As one of the largest and most established sports betting markets in the U.S., New Jersey will allow Fubo to analyze and efficiently develop the most engaging product features that are focused on driving streaming customers into wagering. New Jersey is known for having deeply passionate sports fans, who, we believe, will enjoy our one-of-a-kind immersive sports wagering and viewing experience in time for football season.”
“An integrated wagering platform, offering both live video and a sportsbook, is, we believe, the best gaming experience for consumers,” said David Gandler, co-founder and CEO, FuboTV. “Today’s launch marks an important milestone for Fubo Sportsbook. Our book is now available in three states, including one of the top wagering markets in the country, just 10 months after launching our first. We remain committed to interactive wagering and continue to explore potential partnership opportunities for Fubo Sportsbook.”
“We are thrilled to fully activate our partnership with Fubo, providing Jets fans access to the Fubo sports betting experience on the app and in the Fubo Sportsbook Lounge as we kick off the 2022 Jets season,” said Jeff Fernandez, vice president, business development & ventures, New York Jets. “With the official launch of Fubo Sportsbook in New Jersey, the Fubo Lounge and Fubo’s wagering app will provide an opportunity for our fans to responsibly gamble on sporting events from one of the best experiential settings in the NFL.”
GeoComply and Citi launch the second edition of “The Challenger Series” in Las Vegas
GeoComply Solutions Inc. (“GeoComply”), the market-leading geolocation, fraud, and risk solutions provider, is pleased to announce its second Challenger Series Summit, in partnership with Citi’s investment bank, to be held in Las Vegas, on October 8th, 2023, before G2E.
Following the success of the inaugural New York Challenger Series event, held on May 8th, 2023, GeoComply and Citi are continuing the momentum, supporting early-stage companies and start-ups in the gaming industry by gathering industry founders and entrepreneurs to share their valuable knowledge and insights.
GeoComply’s Challenger Series is designed to provide companies targeting the US-regulated gaming market with expert advice from founders and entrepreneurs with decades of personal experience on topics that include hyper-growth, payments, product innovation, marketing, post-exit strategy, and more.
Feedback from New York Challenger Summit was exceedingly positive. Attendees remarked on the quality of panelists who spoke on relevant topics for their emerging businesses. The carefully curated thought leadership panels and additional time for networking allowed attendees to forge meaningful relationships within the gaming community.
GeoComply Co-Founder David Briggs commented, “We are so thankful for all the industry leaders who shared their time and expertise at our first event. The ability to bring together top gaming founders and entrepreneurs in one room to speak on tackling the North American market and its challenges is an invaluable experience for all emerging business owners. Our goal is to continue to support this community and build this space for connection and relationship-building.”
What: The Challenger Series – Vegas Summit
Where: Bellagio, Las Vegas, Nevada
When: October 8th, 2023, 2 pm – 6 pm PST
Presenters: Paul Liberman (DraftKings), Lesley Eccles (HelloRelish Inc), Joey Levy (Betr), Nik Robinson (Big Time Gaming), Nan Wang (Sleeper), Matt Davey (Tekkrop Capital LLC), Scott Longley (Clear Concise Media), Anna Sainsbury (GeoComply), David Briggs (GeoComply), Andrew Fabian (Citi)
Attendees will have the opportunity to meet founders, market leaders, and visionaries during and after the event which will end with a networking cocktail hour on the Bellagio balcony overlooking the city.
Gaming Americas Q3 Meetup: US Legislation Round-up
The Gaming Americas Quarterly Meetups by Hipther Agency are designed to keep you up-to-date with what is fresh in the North American and Latin American gambling industry.
The meetups feature several panel discussions per region and topics that are joined by key industry experts, CEOs, C-Level Executives, Business Development Managers, and sometimes government officials/regulators.
The Gaming Americas Q3 Virtual Meetup that took place on September 13 brought back the quarterly US Legislation Round-up with our favorite experts, Bill Pascrell, III (BP3), Partner at Princeton Public Affairs Group, Martin Lycka, SVP for American Regulatory Affairs and Responsible Gambling at Entain, and Jeremy Kleiman, Gaming Attorney and Member at Saiber LLC.
Gaming Americas Q3 Session 2: US Legislation Round-up
Speakers: Bill Pascrell, III (BP3) | Martin Lycka
Moderator: Jeremy Kleiman
In this edition of the US Legislation Round-up, moderator Jeremy Kleiman immediately delved into the major developments of the past quarter. He invited Bill Pascrell to kickstart the conversation with insights into Florida’s online sports betting launch, thanks to the Seminole-Hard Rock collaboration.
Bill shared his unique perspective, having represented Hard Rock International for the last 11 years. He revealed that while Hard Rock had initially launched betting, legal challenges forced a temporary shutdown. However, recent legal developments suggest that Hard Rock is poised to relaunch on September 19th. Bill credited this success to Jim Allen, Chairman of Hard Rock International and CEO of Seminole Gaming, as well as the entire Hard Rock Team and the Seminole Tribe.
Bill also touched upon the legal complexities surrounding this case, especially regarding the Indian Gaming Act. He expressed excitement about Florida becoming the largest state in the nation to launch sports betting, emphasizing the enormous opportunities it presents.
Jeremy followed up by asking about the regulatory framework and potential collaborations with Hard Rock. Bill explained that opportunities for collaboration, both online and in retail, hinge on the Indian Gaming Act’s provisions. He also hinted at the possibility of ancillary services and additional partners.
Martin Lycka joined the conversation, emphasizing that Florida’s unique regulation is an example of the intricacies in US gambling and sports betting laws. He discussed the tax rates and restrictions in Florida and how four key states, including New York, California, and Texas, will shape the future of the US market.
The discussion then shifted to California, where Bill discussed the need for a ballot referendum due to the state’s complex political landscape and gaming entities.
Regarding Texas, Bill shared that it has no history of gaming, with many Texans crossing state borders for gambling. Regulatory attempts in the state have thus far failed, with potential regulation expected in the spring of 2025.
The conversation touched on the crucial role of professional sports teams in shaping gaming regulation. Bill emphasized that these teams will be license holders for venues and possess significant political influence.
Martin pointed out the cultural contrasts in Texas, a conservative state with popular sports teams eager to embrace sports betting. He also drew attention to New York’s high tax rate, which poses challenges for operators.
Jeremy shifted the discussion to responsible gaming, with Martin informing us that September is the Responsible Gambling Education month in the US, underscoring the importance of responsible gaming education throughout the year.
In summary, our panel of American gaming specialists provided a comprehensive session with valuable insights into US gambling legislation. They highlighted both the challenges and progress in key states, setting the stage for the future of the industry.
Stay tuned for Session 3 of the Gaming Americas Q3 Meetup and the special focus on “AI Issues”!
BMM Testlabs Receives First Brazilian License in Paraná
BMM Testlabs, the world’s original gaming test lab and product certification consultancy, is pleased to announce that BMM Testlabs Spain has been approved as a testing and certification laboratory for the games and lottery industry by Paraná; State Lotteries.
Marzia Turrini, Executive Vice President, EURSAM, commented: Paraná State Lotteries (LOTTOPAR) initiated a public call for accreditation earlier this year, inviting interested laboratories to apply for the license to serve in this jurisdiction for betting and lottery games. This is the first jurisdiction regulating laboratories in Brazil, which demonstrates understanding of the importance of the testing and certification of gaming devices in the region. BMM is excited for the opportunity to serve in this Brazilian jurisdiction and would like to thank LOTTOPAR for their support during the application process.
Paraná State Lotteries signed an accreditation agreement authorizing BMM Testlabs to collaborate with lottery and fixed-odds betting operators, including sports betting, for the purpose of testing and certifying gaming products and systems. This accreditation extends to electronic games, lottery systems, gaming machines, online platforms, and other related components.
The accreditation signing ceremony on Friday, September 15, 2023, was attended by Daniel Magarios (Sales Manager for South America, BMM Testlabs), Analice Castor de Mattos (lawyer representing BMM Testlabs Spain), Daniel Romanowski (Chief Executive Officer, LOTTOPAR), Rog&#e9;rio Nogueira (Chief Financial Officer, LOTTOPAR), Fabio Veiga (Chief Operating Officer, LOTTOPAR), Rafael Halila (Chief Technology Officer, LOTTOPAR), Stefanny Fernandes (Chief of Staff, LOTTOPAR), and Simone Marin Israel (Operations Directorate, LOTTOPAR).
- iGaming in Peru: Online Talks on Exciting Topics in November
- Review of JeetWin Online by Tamim Rahman
- IGSA Creates Cyber Resiliency Committee
- GeoComply and Citi launch the second edition of “The Challenger Series” in Las Vegas
- PointsBet Canada Renews The Sweep 16 Bracket Challenge with Spotlight Sports Group Ahead of Second Annual PointsBet Invitational Curling Tournament
- Go Big or Go Home: High Roller Casino Bonus Canada Explained
- Horseshoe Casino Baltimore Player Wins $1,017,041.32 Mega Royal Flush Progressive Jackpot
- The Esports Awards Reveals Pro & On-Air Talent Finalists
- Plaza Hotel & Casino to debut glittering new South Tower Guest Entrance, Tuesday, Sept. 26 at 7:30 p.m.
- Pariplay® set for North American showcase with aggregation webinar
- Decoding Online Casino Reviews: What Industry Insiders Want You to Know
- Pragmatic Play Partners with Starkbet
- NBL FANS SCORE WITH NEW RECLAIM THE GAME PARTNERSHIPS
- INTELITY to Exhibit at Global Gaming Expo 2023 in Las Vegas
- CT Gaming to Present a Blend of its Legacy Products and New Developments at G2E 2023
Gaming2 weeks ago
RG24seven Offers Introductory Course on Active Shooter & Critical Incidents Led by Industry Veteran David Vialpando
Latest News1 week ago
Zitro Digital and bplay Join Forces to Introduce Argentina’s First Omnichannel Slot Tournament: Rock Ups!
Central America3 weeks ago
Mexico: How content is king in a country rich in promise
Gambling in the USA1 week ago
FanDuel Marks Responsible Gaming Education Month with Major Investment in its Responsible Gaming Ambassador Program
Latest News4 weeks ago
Spinomenal releases first fish-inspired slot Trout’s Treasure Payday
partnerships4 weeks ago
SCCG Management Announces Strategic Partnership with Yepp for Innovative Fan Engagement Software Solutions
partnerships2 weeks ago
The City of Buenos Aires Regulator and IBIA Sign New Alliance to Cooperate on Sports Betting Integrity
Canada3 weeks ago
Rivalry Corporation Releases Casino.exe on Mobile App, Adds New Games