CG Technology in Sports Wagering Deal with Baha Mar in the Bahamas

Ladbrokes

CG Technology, a leading Sports Betting company, recently announced a deal with the $3.5 billion Baha Mar resort in The Bahamas.

In terms of the deal, Las Vegas based CG Technology will provide the hotel-casino development, which is currently under construction, with a complete mobile sports wagering system and will also provide risk management consulting services to Baha Mar. Guests at Baha Mar will have the opportunity to download the company’s sports wagering application which will enable them to make wagers on a smart phone, tablet computer as well as other mobile devices as long as the customer and the device are located at the Baha Mar resort in Nassau.

The agreement will also see Baha Mar building a state-of-the-art race and sports lounge at the Baha Mar Casino & Hotel. The casino will be the largest in the Caribbean with over 100,000 square feet and will feature fantastic ocean views as well as the latest gaming technologies. Sports wagering fans will be offered a sophisticated wagering environment in the new race and sports lounge that includes the very latest in technological advancements and convenience.

CG Technology will now enjoy a monopoly in The Bahamas as it already provides sports wagering technology to the Atlantis Paradise Island Resort.

According to Lee M Amaitis, the President and Chief Executive Officer of CG Technology, the agreement with Baha Mar highlights the versatility and innovation of CG Technology’s product offering and they are delighted to partner with Baha Mar to usher in a new era of luxury resort vacations in The Bahamas.

Coral to Extend Sponsorship of Scottish Grand National

Ladbrokes

Leading UK bookmaker Coral, the gaming brand of Gala Coral Group, has revealed that it has signed a new five year agreement in terms of which it will continue to sponsor the Scottish Grand National, Scotland’s most prestigious jump races.

Coral first sponsored the race in 2007 and it is now the second richest jumps race run on a Saturday in the United Kingdom, behind only the Crabbies Grand National.

This year’s race, which was one of the most viewed UK horse races of 2014, was won by Al Co and was watched by over 1.3 million viewers on Channel 4.

According to Simon Clare, the PR and Broadcast Director at Coral, the Coral Scottish Grand National is now one of the most watched and most bet on horse race in Great Britain and the race continues to go from strength to strength. Clare added that they have forged a strong and dynamic partnership with Ayr Racecourse, who are a brilliant racecourse to work with and are committed to taking this fantastic event to new heights in the years to come.

David Brown, the Managing Director at Ayr Racecourse, added that Coral’s sponsorship of the Scottish Grand National has turned out to be one of the most successful partnerships between a racecourse and a bookmaker in horse racing. Brown also said that the news that it is being extended for a further 5 years is a huge boost to not only everyone involved at Ayr Racecourse but also to racing as a whole and that the Coral Scottish Grand National is one of the iconic races of the jumps calendar with a rich history which makes it fitting to have such a prestigious company as Coral as their sponsors.

The 2015 Coral Scottish Grand National Festival is scheduled to be run on Friday 17th and Saturday 18th April, 2015.

Crown Resorts in Online Sports Betting Venture

Ladbrokes

BetEasy, the Australian online sports betting company which recently beat out larger rivals and managed to clinch a A$10 million a year partnership deal with the Australian Football League in terms of which it will be the football club’s official betting partner for the next five years is reported to have agreed to team up in an online gambling venture with Crown Resorts – a land gambling group owned by James Packer.

According to local media, The Canberra Times, the government office in charge of patents approved Crown Resort’s new Crown Bet trademark on 1st December, 2014, fuelling speculation that a deal may be imminent. There is, however, a two week period for other companies to lodge objections to the trademark.

Crown Resorts bought out Betfair’s shares of joint venture Betfair Australia in August of this year and a new deal with BetEasy would expand Crown’s increasing presence in online sports betting.

Matthew Trip, the Chief Executive of BetEasy, revealed that the company beat Sportsbet, TAB and William Hill Australia in its pitch for the AFL contract which is scheduled to commence from the 2015 season.

Tripp purchased Sportsbet in 2005 for an amount of A$250,000 and after building the business up he sold it to Paddy Power six years later for an amount of A$380 million.

The deal with Paddy Power required Tripp to stay away from corporate bookmaking for a period of three years after which he and his backers bought Betezy for less then A$10 million in March, 2014 which they revitalized under a new BetEasy brand.

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The Football Pools Launches MatchXtra

Ladbrokes

The Football Pools, a Sportech-owned pools and tote gaming company, has announced the launch of an innovative new pool betting opportunity in the form of MatchXtra.

MatchXtra uses innovative pools technology from Longitude LLC, a technology solutions company that is based in New York.

According to the company, the new product offers extraordinary competitive odds on Premier League as well as other matches throughout the world.

By using pools technology from Longitude, MatchXtra gives players a fantastic opportunity to bet on fixed odds-type market on the English Premier League top-tier club football competition as well as several other tournaments around the globe with betting options that include home/away/draw, correct score and both teams to score.

The new pool-based bets offer punters popular betting options, great value and the ability to bet without being knocked back or having their stakes restricted.

After soft launching in October on footballpools.com, MatchXtra has already seen the odds proving to be some of the very best in the market on several Premier League matches.

According to Conleth Byrne, the Managing Director of The Football Pools, the benefit to customers is that it is a pool mechanism and not fixed odds and the prices therefore become market-driven at low betting margins. He added that working alongside Longitude to develop this new concept has been a really positive experience and an important step for The Football Pools.

MatchXtra will be expanding in the next couple of months to cover a wider range of betting opportunities across a growing number of matches. Included in the new offerings is “Price Match” which enables customers to choose the odds at which they wish to place their bet, lay betting as well as multi-game betting, which are all powered by Longitude technology.

Longitude uses advanced mathematical principles and computing techniques in order to facilitate innovation in the gaming and wagering industry.

TonyBet Obtains License to Offer Sports Betting and Online Poker in the UK

Ladbrokes

TonyBet is thrilled to announce that it has obtained a license that will see it offering gambling services in the United Kingdom market just as the new Point of Consumption Tax came into effect in the UK.

The founder of TonyBet, Tony G, has revealed that they are thrilled to be regulated in the UK and added that the United Kingdom is the best online gaming market in the world.

Tony holds a seat in the European Parliament as a delegate of Lithuania’s Liberal party and feels that the regulation is a testament to all the hard work and integrity they have been striving for since the establishment of the company in 2009.

TonyBet will now have the opportunity to offer its betting products to the UK through its TonyBet Sports sportsbook and its open-face Chinese (OFC) poker games through TonyBet Poker, the online room that launched in December, 2013.

TonyBet is currently organizing its inaugural live OFC Poker event titled the OFC Poker World Championship which is due to commence in Prague in Czech Republic on Monday, 8th December, 2014.

A representative of TonyBet stated that the event will celebrate the incredible year enjoyed at TonyBet Poker and will offer lots of exciting action for their players. He added that the entire poker community will be coming to Prague in December and that there is, therefore, no better time and place to hold the event which will be the biggest live OFC event in history.

A number of top poker pros who will be participating in the EPT Prague will also be participating in the OFC Poker World Championship.