EMEA
Sale of Holland Casino Abandoned
SPAIN – SIS has reached an agreement with Spanish horse racing organisation Asociación de Hipodromos Españoles to become the exclusive distributor of live pictures and data of Spanish horse races. As part of this new three-year deal, SIS will broadcast at least 480 races across the year from six of Spain’s biggest racecourses - Hipódromo de la Zarzuela, Dos Hermanas, San Sebastian, Sanlucar, Pineda and Son Pardo Y Manacor.
The exclusive rights package includes some of Spain’s most high-profile races, including Centenario Del Gran Premio De Madrid on 29th June and Gran Premio Memorial Duque de Toledo on 20th October. The races will be made available to SIS’s operator partners as part of its international retail channels, as well as its 24/7 Live Horse Racing Channel and 24/7 Live Horse & Greyhound Channel, which provide a betting event every three minutes. This latest partnership further enhances SIS’s market leading portfolio of international racing, having recently secured similar agreements to broadcast live pictures from Singapore’s premier racecourse in Kranji, as well as the Hipódromo Argentino de Palermo racecourse in Buenos Aires.
Simon Fraser, Head of International Horse Racing at SIS, said: “Securing the exclusive rights to deliver live pictures and data from Spain’s biggest racecourses is a major boost to our international offering. These additional races further enhance our 24/7 racing service, providing even more quality betting opportunities throughout the day, regardless of time zone.”
Rafael Marquez Ojea, President at Asociación de Hipodromos Españoles, said: “SIS has an established reputation for distributing live racing to operators all around the world and it made strategic sense for us to partner with them. Through this new exclusive deal, we are sure more people will be able to see the exciting action from our racecourses.”
GERMANY – Dominik Raasch has been appointed to the newly created position of Head of Product Management at adp Gauselmann GmbH. In this function, he will be
responsible for global product strategy and coordinating the development and sales of machines and corresponding games content for the national and international markets, as well as coordination between the various departments. In addition to gaming machines, the main product of the Gauselmann Group, this also includes sport betting terminals as well as networking, admission and youth protection solutions. The activities of the market research department and brand management also fall under Mr. Raasch’s remit.
P22 NEWSWIRE / INTERACTIVE / MARKET DATA
Sander Dekker, the Minister for Legal Protection in the Dutch Government has announced the withdrawl of a modernisation bill that included the privatisation of Holland Casino, effectively scrapping the sale
In a statement from the Dutch Gaming Authority, Kansspelautoriteit, the government has revoked its plans to privatise Holland Casino. Kansspelautoriteit states that the “legislative proposal for the modernisation of the gaming casino regime has been withdrawn.”
Te bill proposed the sale of the state-owned Holland Casino, which has fourteen branches throughout the country. Te plan was to do this in two clusters: one of ten branches and one of four. Furthermore, the proposal was to auction two new, separate locations. Tis would open up the casino market to a limited extent. Te casino is now owned and operated by the state.
Te Senate has voted against the plan to privatise the casino. Te treatment of the bill coincided in February with the treatment of the bill on remote games of chance. Tere were political groups in the Senate who indicated that
EMEA
NSoft’s Sportsbook solution (Pre-Match and In-Play Betting MTS) is now available to the players via Playbetr web. Initially, NSoft’s Sportsbook solution was used as a showcase product when, after rising significant interest, Playbetr decided to integrate NSoft’s Sportsbook offer and present it to its players. Playbetr is licensed cryptocurrency casino and sportsbook provider where players can deposit in cryptocurrency, play and then withdraw winnings within minutes. Alan Marks of Playbetr said: “We have long lasting business relations with NSoft, including NSoft’s Pre- Match and In-Play MTS solution into our offer represents an upgrade of our services. We are offering all available sports to our players and we are certain that diversity and quality of the offer will be a valuable asset.”
they had serious doubts about the desirability of the two legislative proposals coinciding with one another. Ministers have therefore now withdrawn the bill
Te Ministry of Justice and Security is currently working on elaborating the law. If that has happened, the Gaming Authority will draw up permit conditions. After that, companies that want to offer games of chance in the Netherlands can apply for a license. It will be a long time before the market for online gambling actually opens up: other preparations need to be made in addition to setting up the licensing process. Te objective of the Remote Gambling Act is to create a safe, legal market for online gambling. Officially adopted February 19 this year, the new law is expected to come into force during Q3 2020 at the earliest, with licence applications accepted the same year, and with gaming tax to be set at 29 per cent of GGR.
Caesars Entertainment sells Emerald Casino Resort to Peermont
South Africa
Caesars Entertainment is selling its South African property Emerald Casino Resort to Peermont Hotels, Casinos and Resorts, a Johannesburg-based hospitality and entertainment company, for total proceeds of $49m, which implies a 7.9x multiple on 2018 EBITDA of $6.2m. Caesars owns 70 per cent of this property, while the remaining 30 per cent is owned by local minority partners. Total cash proceeds to Caesars for its 70 per cent
ownership and other adjustments total $39m.
"While Emerald Resort & Casino is a unique property, it receives limited benefit from the Caesars' Rewards network effect given its remoteness to other properties in our network," said Tony Rodio, CEO of Caesars Entertainment. "We're pleased to monetize this non-core asset in our portfolio, which will enable Caesars to sharpen its focus on other strategic markets."
Caesars will continue to operate the property until the transaction closes, which is expected to be in the third quarter of 2019, subject to regulatory approvals and other customary closing conditions.
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102 |
Page 103 |
Page 104 |
Page 105 |
Page 106 |
Page 107 |
Page 108 |
Page 109 |
Page 110 |
Page 111 |
Page 112 |
Page 113 |
Page 114 |
Page 115 |
Page 116 |
Page 117 |
Page 118 |
Page 119 |
Page 120 |
Page 121 |
Page 122 |
Page 123 |
Page 124
