Greenwood Partners Kambi in Pennsylvania
Kambi expands its US footprint with the provision of its online and land-based Sportsbook to Pennsylvania's largest casino operator
Kambi Group plc signs Sportsbook deal with Parx Casino owner Greenwood Gaming and Entertainment in Pennsylvania
US SPORTS-BETTING
Kambi Group plc has secured a multi-year agreement with Greenwood Gaming and Entertainment, owner of the largest casino gaming complex in Pennsylvania, Parx Casino.
Te deal will see Kambi provide its cutting-edge sports betting platform, range of managed services and best-in-class land-based wagering experience to Parx Casino, which will later be complemented by a Parx-branded online sportsbook.
Te Parx Casino on-property sportsbook is on track to launch before the end of the year, with the online sportsbook to go live following the integration of the Kambi platform into the Parx player account management system, which is supplied by the operator's technology partner, GAN. In addition, Kambi's land-based Sportsbook will be installed at the Greenwood Gaming-owned South Philadelphia Turf Club, which is situated at the South Philadelphia Sports Complex, home to current NFL Super Bowl champions Philadelphia Eagles and MLB
Casinos authorised in four counties approved by local ballot
Arkansas
Casinos have been authorised in Crittenden, Garland, Pope and Jefferson counties in Arkansas as part of a balloted vote approved on November 6. Te licences have been authorised to Southland Racing Corporation (Southland) for casino gaming at a casino to be located at or adjacent to Southland's greyhound track and gaming facility in Crittenden County; to Oaklawn Jockey Club, Inc. ("Oaklawn") to require casino gaming at a casino to be located at or adjacent to Oaklawn's horse track and gaming facility in Garland County; to an applicant to require casino gaming at a casino to be located in Pope County within two miles of Russellville; and to an applicant to require casino gaming at a casino to be located in Jefferson County within two miles of Pine Bluff.
side Philadelphia Phillies. Te contract, which also includes a provision for Kambi to support Greenwood Gaming with a potential sports betting operation in the neighbouring state of New Jersey, followed a thorough selection process, with Kambi's unblemished record of regulatory compliance and corporate probity key to securing the deal.
Kristian Nylén, Kambi Chief Executive Officer, said: "Greenwood Gaming represents yet another exciting partnership for Kambi, as we continue to establish ourselves as the premier choice for operators looking to enter the U.S. sports wagering market with a quality product and trusted partner.
John Dixon, Chief Technology Officer at Greenwood Gaming and Entertainment, said: "We are excited to be working with an experienced, successful sportsbook partner that can bring best-in-class systems and odds making to the Parx-branded sports betting products.”
Te measure was designed to grant Southland and Oaklawn automatic licenses to conduct casino gaming. Under the measure, the remaining two licenses require applications and require applicants to pay fees to apply, demonstrate experience in conducting casino gaming, or a furnish a letter of support from the county judge.
Under the measure, for each fiscal year, casinos are subject to a tax rate of 13 per cent on the first $150m of net casino gaming receipts and a rate of 20 per cent on net casino gaming receipts exceeding $150m+. Under the measure, no other taxes can be imposed on casinos. Tax revenue from casinos was designed to be distributed as follows: 55 percent to the State of Arkansas General Revenue Fund; 19.5 percent to the city the casino is located in; 17.5 per cent to the Arkansas Racing Commission for deposit into the Arkansas Racing Commission Purse and eight percent to the county.
Maryland
A survey in Maryland reveals the public would vote in favour of legalising sports betting, adding to the existing lottery and horse racing betting. Te survey, carried out by Washington Post-University of Maryland, saw 53 per cent of people voting in favour with 37 per cent voting against. A Maryland bill asking for a voter referendum on sports-betting was approved in the House of Delegates in March meaning the state’s voters will get a referendum, but not until November 2020. Gordon Medenica, Director of Maryland’s Lottery and Gaming Control Agency that runs the lottery and overseas the state's six casinos, said: “We expect sports-betting legislation to be taken up this coming session as there seems to be broad support for some form of sports-betting in Maryland." MGM Harbor, located in Prince George’s County, said: “Maryland stands to lose a competitive edge and could have to play catch-up."
US – Alfastreet reaffirmed its commitment Crane Payment Innovations’ SC Advance bill validator at the G2E show in Las Vegas. Alfastreet’s Chief Executive Officer, Tjasa Luin Peric, and CPI’s President of Gaming, Eric Fisher, both signed to extend a long-term Preferred Partnership Agreement during the exhibition.
The Alfastreet team referred to the excellent product performance and service that CPI offers. “We initially decided to promote the SC Advance as our product of choice as it works exceptionally well,” said Luin Peric. “The first-time acceptance rates over the years have remained constantly exceedingly high, we have had no problems with any fraudulent bills, and maintenance is simple. If we have any questions at all, the CPI team is always there for us. It goes without saying that we will continue to fit the SC Advance as our default bill validator and are happy to confirm the continuation of our long-term partnership.”
“We are very proud that Alfastreet has reconfirmed its preference for the SC Advance”, commented CPI’s Eric Fisher. “This agreement ensures that Alfastreet continues to receive all the additional benefits that come from a partnership with CPI, including extended technical training to further empower their own technical team.”
“We are a global company, so the suppliers we work with must be able to address the unique challenges we face. Not only does SC Advance provide optimal performance on all the different currencies we need to handle, but CPI offers the global service necessary to get the most out of our investment. This is absolutely key to us”, concluded Luin Peric.
NEVADA – SLS Las Vegas recently welcomed new additions to its senior leadership team. Derek Amundson takes the helm of casino operations as vice president and Anthony Olheiser joins as vice president of food and beverage. “Derek and Anthony’s expertise and leadership will prove invaluable as we move this property forward,” said Paul Hobson, senior vice president and general manager for SLS Las Vegas. “They are key pieces in a team of passionate, enthusiastic professionals who are excited to fulfill the potential of this iconic Las Vegas resort.”
Mr. Amundson brings extensive hands-on experience in table games and casino operations, most recently as VP table games at Excalibur overseeing table games, sports book, keno and the poker room. Olheiser is a veteran of the hospitality industry, beginning his career in nightlife as operations manager of The Ultra Lounge at THEhotel at Mandalay Bay. He went on to open Tao Nightclub and Asian Bistro.
NEWSWIRE / INTERACTIVE / MARKET DATA P27 NORTH AMERICA
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