Number Crunching - Sky Bet, ESSA and SkillOn.Net

Number Crunching - Sky Bet, ESSA and SkillOn.Net

Wednesday, January 31, 2018 Posted by Joseph Streeter
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Breaking down all the weeks news into a set of easy to manage figures

$1 billion - Gambling technology group Scientific Games Corporation (SGC) is looking to restructure its long-term corporate debt, announcing that it will sell $1 billion of SGC debt notes to private investors.

£800 million - Having purchased Sky Betting and Gaming for £800 million in 2014, Reuters is reporting that  CVC Capital is looking at the possibility of a stock market flotation for the Leeds-based online betting operator.

The equity firm is looking to make the most of thriving equity markets and the growing popularity of online betting, hiring investment bank Rothschild to examine whether a stock market listing of the British firm could be a successful venture.

266 -  International betting integrity body ESSA (Sports Betting Integrity) reported 266 cases of suspicious betting to the relevant authorities during 2017, following a fourth quarter tally of 114 alerts. Tennis (160) and football (45) constituted 77% of all suspicious alerts during the year, whilst alerts covering all other sports grew significantly to 23% (up from 8% in 2016).

Khalid Ali, ESSA Secretary General stated that: “The past year has proved to be one of our most challenging and yet productive to date. The effectiveness of the association’s alert system, bolstered by an expanding membership, continues to be publicly recognised by key stakeholders. New information sharing agreements have also been put in place so that we can react more readily to changing trends and challenges to both our members’ businesses and our partners around the world.

“To complement this, the association is to engage in a total of four anti-match-fixing projects during 2018, part of our ongoing policy to participate in and promote integrity efforts on behalf of our members. There is a growing focus on betting integrity in existing and potential new markets and ESSA has sought to reflect this in its responses to policy consultations and in its wider engagement.

“The coming year is set to be another important period for the betting sector and integrity will again be high on the agenda. ESSA will continue to promote the adoption of proportionate and effective integrity policies and market regulations. We invite all operators committed to defending betting markets, sports and consumers from corruption to consider joining us in promoting those actions.”

165 -  SkillOnNet.com, the supplier behind some of Europe’s most popular and successful online casino brands, has announced that it has gone live across its casino network with Play’n GO’s licensed and multi-channel slot games.

The integration means that players on the likes of award-winning PlayOJO.com and DrueckGlueck.de will now be able to access more than 165 of the supplier’s blockbuster hits, including Book of Dead, GEMiX and Pearls of India.

Michael Golembo from SkillOnNet, commented: “We are always looking to strengthen our portfolio with additional quality titles, and Play’n GO’s large range of extremely successful slots certainly meets our criteria when it comes to fun and entertainment.

“We believe their games will be a big hit among players accessing online casino sites powered by the SkillOnNet platform, who already enjoy a huge variety of games from all of the big-name suppliers.”

5 - Inspired Entertainment has revealed the expansion of its virtual sports offering within the United States market. The virtual sports, mobile games and SBG video lottery provider, has detailed that it is now live with a total of five operators in the American state of New Jersey.

Lucy Buckley, Inspired’s Vice President of Interactive, said: “I’m delighted to announce that Inspired’s Virtual Sports are now live with more of our valued partners in New Jersey.

”Inspired’s experience in adapting its offering to suit specific territories means that we have the expertise to leverage the huge potential we see for Virtual Sports in New Jersey.   

“2018 will see the launch of new products from Inspired including 1st Down Virtual Football which is specifically targeted to US consumers.”

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