Suspicious sports bets were on the rise in the first quarter of 2020, while bookmakers have once again been tricked into taking wagers on matches allegedly played by impostors.
This week, the International Betting Integrity Association (IBIA) issued its latest report detailing 61 suspicious alerts reported in Q1 2020 across seven different sports and 22 countries. The number of alerts is 65% than the number reported in the same period last year and 36% higher than those reported in Q4 2019.
Tennis accounted for the bulk (31) of Q1’s alerts, about on par with Q4’s total, while football saw its reports double to 18. Russia led all countries with 8 reports of dodgy tennis bets and three ping pong alerts, representing a significant chunk of Europe’s 27 overall alerts.
The COVID-19 pandemic has led to the cancellation of most major sports and racing events, pushing both bookmakers and bettors into wagers on unfamiliar sports and leagues, including the Belarusian leagues that have defied the current trend to suspend operations.
Nearly two years after finding a law that had prevented states from allowing sports gambling to be unconstitutional, the Supreme Court is now being asked by professional sports leagues to weigh in on related litigation.
COVID-19-related cancellations have gutted most of the stakes action across the country this weekend, but there is still one stakes race left standing on April 4: the $100,000 Purple Martin Stakes at Oaklawn Park.
In light of the COVID-19 crisis, Godolphin Flying Start has taken measures to protect the health of trainees, management, applicants, and the communities in which they are all based by proceeding with the course remotely.
In the fast moving world of gambling, sometimes you might miss news that could be important to you. To make sure you’re all caught up on gaming industry news, be it online or brick and mortar, we’re rounding up the some of the announcements and partnerships from the last week that you might have missed.
Betsoft secures presence in Colombia’s regulated market with Rivalo.
Rivalo, Colombia’s only vertically integrated, licenced operator is delighted to partner with Betsoft Gaming. Access to Betsoft’s award-winning portfolio will allow Rivalo to offer the highest quality gaming experience to players in Colombia and ultimately, further afield. Betsoft Gaming recently passed a rigorous ISMS Audit giving it autonomy to operate in Colombia. Rivalo works closely with Coljuegos, the national betting regulator as well as utilising EveryMatrix software. This committed regard for security, together with Betsoft’s quality and rigour, is anticipated to expedite Coljuegos’ approval process of each game.
Playson eyes global expansion with ORYX Gaming partnership
In the fast moving world of gambling, sometimes you might miss news that could be important to you. To make sure you’re all caught up on gaming industry news, be it online or brick and mortar, we’re rounding up the some of the announcements and partnerships from the last week that you might have missed.
Betsoft secures presence in Colombia’s regulated market with Rivalo.
Rivalo, Colombia’s only vertically integrated, licenced operator is delighted to partner with Betsoft Gaming. Access to Betsoft’s award-winning portfolio will allow Rivalo to offer the highest quality gaming experience to players in Colombia and ultimately, further afield. Betsoft Gaming recently passed a rigorous ISMS Audit giving it autonomy to operate in Colombia. Rivalo works closely with Coljuegos, the national betting regulator as well as utilising EveryMatrix software. This committed regard for security, together with Betsoft’s quality and rigour, is anticipated to expedite Coljuegos’ approval process of each game.
Playson eyes global expansion with ORYX Gaming partnership
If you’ve been missing English Premier League football while stuck at home on the Coronavirus lockdown, yet playing more FIFA 20 than ever before then you’ll be familiar with several feelings:
• Talking to yourself around the house using Alan Smith’s accent
• Muttering “I meant pass it left. Left… not back!” in your sleep
• Wishing every hour that a fun Esports FIFA game would be coming to Twitch before the end of the week.
The Thoroughbred Aftercare Alliance has announced a new wave of grants worth approximately $1.7 million, which is awarded to accredited organizations for the care of Thoroughbreds.
Thoroughbred Charities of America will host a webinar entitled Fundraising in Challenging Times on Friday, April 3 at 2 p.m. EST to aid nonprofit organizations amid the COVID-19 pandemic.
The Drone Racing League (DRL), the global, professional drone racing circuit, and FanDuel today announced a fantasy partnership for the 2020 DRL SIM Tryouts Finals, the world’s only player-to-pilot esports tournament. As DRL’s first-ever partnership with a fantasy sports provider, FanDuel will have access to official DRL SIM data, along with league marks and logos to create official daily fantasy contests for the 2020 DRL SIM Tryouts Finals.
The virtual drone racing showdown live-streams tonight at 9pm ET on DRL’sTwitter,Twitch andYouTube. Thousands of FPV (First Person View) pilot hopefuls from 75 countries entered the fourth annual DRL SIM Tryouts, battling it out across more than 136,000 heats during twelve qualifying tournaments on the DRL Simulator, the true-to-life drone racing sim on Steam — all for the chance to compete tonight and go pro. Tryouts participation skyrocketed by 90% since last year and nearly 2 million fans have already watched the online competitions.
Fans tuning into the 2020 DRL SIM Tryouts Finals can enter a free contest on FanDuel for the chance to win a share of $3,000 in FanDuel site credit. The contest follows FanDuel’s standard daily fantasy format, and racers will earn points for winning, finishing second or finishing third in each heat as they navigate virtual DRL drones on a supercharged, 3D track. The champion will earn a professional contract in the league and fly as the DRL SIM Pilot in the 2020 DRL Allianz World Championship Season, as watched by tens of millions of fans on NBC, Twitter, Sky and other leading sports networks around the world.
“At a time when fans want access to sports competition more than ever, we’re thrilled to live stream the 2020 DRL SIM Tryouts, a unique esport that transforms gamers into pro drone pilots overnight, and reward fans with prizes through our exciting new partnership with FanDuel,” said DRL CEO and Founder, Nicholas Horbaczewski.
“We remain as committed as ever to our fans and we’re currently working to develop new and entertaining games for them to engage with,” said Kip Levin, President, FanDuel. “Partnering up with The Drone Racing League allows us to collaborate with an innovative league as we give our fantasy customers more ways to play.”
Merging the virtual with the real, the Tryouts winner will race against the most elite pilots on earth during the 2020 Season, flying custom-built DRL Racer4 drones at 90 MPH through complex courses in iconic venues around the world. Last year, Minnesota native, Christopher “Phluxy” Spangler, was crowned the Tryouts winner and flew in DRL; he made podium three times and even won a level event, showcasing how DRL bridges the digital with the real.
William Hill has been looking to solidify their board for a little while now, and it looks like they’ve finally done it. The operator has named Matt Ashley as the new Chief Financial Officer (CFO) designate, and Stephen Parry as their new Chief Operating Officer (COO).
Ashley is expected to take his role as CFO in just a few days, starting on April 6. He’ll also take on the role of Executive Director of the William hill Board, replacing outgoing CFO Ruth Prior, who will step down on May 15. Prior was announced to be leaving the company in January.
Ashley previously served as CFO at National Express, eventually serving as their as President and CEO for North American business. Before leaving that company, he finally held the role of Group Business Development Director. He’s also previously been the Director of transport, infrastructure and listed companies at Deloitte LLP.
William Hill previously thought they may have a candidate for CFO in Adrian Marsh, but he decided to stay with his current employer, DS Smith, due to “current unprecedented circumstances.”
Woohoo Games, whose client base boasts operators across a number of countries, are further expanding their portfolio of games with two new video slots as the demand for their offering continues to rise. Both Cyberpunk Wars and Racer Babes have genuine global appeal and can be placed in an array of different languages including; English, Spanish, Portuguese, Chinese, Japanese, Thai, Vietnamese and Indonesian.
The narrative behind the Cyberpunk Wars experience is an exploration of the back streets of the future with a gang of hi-tech rebels. The dystopian world of tomorrow is the backdrop for a bright band of rebels and glowing graphics. Players must choose their sidekick carefully – their skills and street-smarts can really change the game.
Features: Random progressive Jackpot – players can win at the end of any game. Big Win animations and expanding wilds.
Racer Babes, on the other hand, takes the player on the ride of their life. The action is fast, furious, and packed with special features. Players who hit three bonus symbols on the reels unlock a bonus game. Select the right supercar and there is a chance to turbocharge the last bet up to 300x.
The U.K.’s Gaming Commission (UKGC) has ordered Caesars Entertainment U.K. to pay £13 million in fines for eight offenses the regulator has found. The casino operator is accused of ignoring social responsibility failings and a lack of anti-money laundering (AML) checks.
The social failings all involve customers who spent beyond their means, or had tried to self-exclude in the past. One customer lost £240,000 over a 13-month period, but had previously self-excluded, while another lost £323,000 in a 12-month period had had displayed “signs of problem gambling.” Another self-employed nanny lost £18,000 in a year, and had admitted to sourcing funds from family and an overdraft facility. Lastly, a retired postman lost £15,000 in 44 days.
On the AML side, Caesars is accused of not carrying out adequate source of funds checks on £3.5 million, with £1.6 million in losses, from a single customer over a three month span. Another customer was not subjected to customer due diligence (CDD) and lost £240,000 over a 13-month period. One woman, who identified as a waitress, somehow gambled £87,000 and lost £15,000 during a 12-month period. Finally, a politically exposed person (PEP) lost £795,000 during a 13-month period, but Caesars did not look into where he got the funds.
“We have published this case at this time because it’s vitally important that the lessons are factored into the work the industry is currently doing to address poor practices of VIP management in which we must see rapid progress made,” said Neil McArthur, Chief Executive of the Gambling Commission. “The failings in this case are extremely serious. A culture of putting customer safety at the heart of business decisions should be set from the very top of every company and Caesars failed to do this. We will now continue to investigate the individual licence holders involved with the decisions taken in this case.”
This week is a recap of I’ll Have Another’s victory in the April 7, 2012 Santa Anita Derby (G1) at Santa Anita Park. The recap, written by Tracy Gantz, ran in the April 14, 2012 magazine issue. It carried the headline “Close Call.”
When an entire city is shut down in order to stave off a fast-moving virus, it shouldn’t be surprising that the result is a decline in economic performance. However, seeing that performance drop to zero provides an extremely bleak outlook. That’s where Macau stands today, as analysts with JP Morgan Securities (Asia Pacific) Ltd. predict gross gaming revenue (GGR) for casinos there is going to hit almost zero in April. As the city’s primary source of income, this doesn’t bode well for short-term operations, especially following a month that saw an equally-devastating drop in revenue.
Macau’s March GGR was just 20.3% of what it was a year earlier. According to the Gaming Inspection and Coordination Bureau (DICJ, for its Portuguese acronym), the city took in a little less than $658.3 million for the month. However, this was 69.4% better than what was seen in February when Macau reported GGR of $354.33 million. Still, that February take represented a year-on-year drop of 87.8%.
Macau hasn’t been able to hit its targets in recent months, even before COVID-19 started taking its toll. As the city tries to prevent more losses, it faces an uphill battle, and JP Morgan’s analysts state, “We wouldn’t be surprised to see Macau printing near-zero GGR until the restrictions at the Guangdong border are lifted.”
That border is typically a busy entry point into Macau. Last year, on average, around 108,000 visitors passed through the border checkpoint each day, but the situation has completely changed now. This past Sunday and Monday, border police processed 230 and 270 visitors, respectively. Using this as a guide for April, JP Morgan’s team added, “April could possibly be the worst month since the first Vegas-type casino opened in 2004 (Sands Macao).”
It’s not uncommon for businesses to see changes in personnel – it happens all the time. However, when two executives with the same company step down in quick succession, it raises eyebrows. International casino operator MGM Resorts International thanked chairman and CEO Jim Murren for 22 years of service as he departed last month (a move that was made before he completed his “MGM 2020” plan, which is another reason to be concerned) and, right on the heels of his departure, another executive is leaving. Brian Sandoval, the former governor of Nevada who joined MGM only a little more than a year ago as its president of global gaming, has submitted his resignation. With both departures, the circumstances are a little puzzling.
In the case of Murren, he had announced his resignation well ahead of the termination of his contract with MGM, which doesn’t seem fitting for someone at such a high level of a company. At the time of the announcement, he didn’t specify why he was leaving, but it was revealed shortly after that he would be spearheading Nevada’s efforts to combat the coronavirus. That should, in theory, just be a short-term gig, but it forced Murren to up his departure timeline and, instead of sticking around to help during the transition to bring in a new CEO, he bailed.
Sandoval is leaving because he wants to go back to school, in a way. In a statement released by MGM regarding his departure, he says, “Having accomplished my goals at MGM, I have decided to put my time, energy, and public and private experience to work as an applicant to become the next president of the University of Nevada, Reno.”
Sandoval, who served two terms as Nevada’s governor, was tapped by Murren in January of last year to help the company with its initiatives in the sports gambling and Japan arenas. The first as the company looked to become more involved in sports gambling after the reversal of PASPA, and the second with its efforts to win over authorities and politicians in Japan so it could secure a partnership to build an integrated resort (IR) in the country.
New York is missing out on a golden revenue opportunity. Granted, it now has to deal with one of the more serious outbreaks of the coronavirus in the country, but, even before that, the odds of having online sports gambling introduced were slim. Governor Andrew Cuomo has asserted, despite evidence to the contrary, that virtual sportsbooks could only be allowed through a constitutional amendment in the state, and the yes-it-does/no-it-doesn’t battle isn’t any closer to being resolved. In the meantime, the first draft of a mandatory study on the gaming market has been produced, but the contents are not being revealed. They won’t be, either, at least for a few more months, which means the battle will continue, most likely, until next year.
New York lawmakers have been feverishly trying to reconcile a new state budget, but are falling short and didn’t come to an agreement ahead of Tuesday night’s midnight deadline. Elsewhere in the country, states that have legalizing online sportsbooks are finding that the market segment is performing extremely well (at least, it was before COVID-19), and producing better results than found with physical sportsbooks. Including online sports gambling in New York, one of the most populated states in the country, would go a long way to resolving any budgetary shortfalls.
Sports Handle reports that Spectrum Gaming Group, the entity selected to conduct a market study on gaming for the New York State Gaming Commission (NYSGC), has presented its preliminary findings. In the report, the key to solving New York’s financial issues might be found, but Spectrum won’t be prepared to issue its final report until June 1. Brad Maione of the NYSGC confirmed to Sports Handle that no information from the draft will be released at this time.
That includes not offering any details on what the report says about online sports gambling. Ignoring the constitutional requirement dispute, New York is letting millions of dollars in revenue slip through its fingers. Before the current global pandemic brought the sports world to its knees, neighboring New Jersey saw a sports gambling handle of $494.2 million in February – the sixth straight month that the take was above $400 million. Of the February figure, $436.5 million was wagered through online sportsbooks.
It appears that an apple a day isn’t the only thing that will keep the doctor away. If you ask the president of Belarus, Alexander Lukashenko, vodka will work just as well, and will help protect people from the coronavirus. In the former Soviet Bloc country, drinking the potent alcohol and driving tractors are cures for COVID-19, which has decimated sports activity across the globe. Belarus hasn’t succumbed to the sports stoppage, though, and this has proven to be beneficial for the Belarusian Premier League (BPL), possibly the only soccer league in the world still running.
Casino.org points out that the BPL is just now getting underway, having just started the season. The Australian A-League is also running, but it’s holding games in empty stadiums and is just about to wrap up, which could leave the Belarus league as the last one standing amid the coronavirus pandemic. Six BPL matches were held last Saturday, highlighted by a game between FC Minsk and Dinamo Minsk in front of 3,000 fans in the country’s capital.
Lukashenko, often dubbed “Europe’s last dictator,” could be partially to thank for the league not shutting down. He believes everyone is panicking because of the coronavirus and told London’s The Times this past weekend, “The world has gone mad from the coronavirus. This psychosis has crippled national economies almost everywhere in the world.” He had previously addressed the Belarus people, asserting, “There shouldn’t be any panic. You just have to work, especially now, in a village. Tractors will cure everyone! The field heals everyone!”
In addition to riding around in tractors and plowing the fields, the controversial president has other advice to combat COVID-19. He explains, “Go to the sauna. Two or three times a week will do you good. When you come out of the sauna, not only wash your hands, but also your insides with 100 milliliters of vodka.”
The sports betting industry has been hit extra hard by the coronavirus crisis, with just about every match, game, tournament, even the Olympics on hold, postponed or cancelled for the year.
Sure, there are a handful of sporting events and other alternatives to bet on such as horse racing in some regions, eSports and virtual sports, but how are football fan diehards supposed to get their fix, for example? These alternatives are certainly not the same thing?
To find out more on how bookmakers and others in the sports betting space should navigate these complex times, I spoke with Marc Robson, co-founder of Champion Sports, 20+ year sports betting industry professional and poker enthusiast. Champion Sports is a nimble sports betting platform that prides itself on delivering a bespoke product that their customers want, including an eSports offering.