January 7, 2021
British sportsbetting and iGaming software innovator FSB Technology Limited has announced the bolstering of its team in the United States via the hiring of experienced industry professionals Larry Pelzer and Mike Van Ermen.
The London-headquartered firm used an official Wednesday press release published by European Gaming Media and Events to declare that the ‘major hires’ come only a few weeks after it appointed Ian Freeman and Bob Akeret to serve as Chief Revenue Officer and North America Operations Vice-President respectively and form part of an effort to ‘build out its senior management team ahead of its imminent entry into the United States market.’
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Scientific Games Corporation announces the launch of its latest-generation Symphony lottery-systems technology. The new system is now powering Lotto Baden-Württemberg and its network of more than 3,000 licensed retailers in Stuttgart in southwest Germany. The new system currently supports Lotto Baden-Württemberg’s full line of lottery products including Lotto 6aus49, EuroJackpot, GlücksSpirale, KENO, TOTO, Oddset sports betting, and a variety of instant games.
“As the first lottery worldwide to launch the latest generation Symphony platform, we are leading the way for other lotteries in the industry to understand the importance of systems technology and third-party integration capabilities for future growth,” said Georg Wacker, Managing Director of Lotto Baden-Württemberg.
Global Online Gambling Market Could Exceed $125 Billion By 2027
PALM BEACH, Fla., Dec. 17, 2020 /PRNewswire/ Most would agree that it would be a safe bet to say that casinos have been losing money due to the global pandemic… Don t take that bet! Actually, the spread of COVID19 has accelerated the demand for online gambling. Moreover, increasing digitalization coupled with secure digital payment options are also some factors contributing to online gambling market growth. The market is further expected to gain momentum over the forecast period attributed to the rising use of digital currency and websites provided by companies for betting and gambling. Earlier this year, Grand View Research reported that in 2019 the global online gambling market size was valued at USD 53.7 billion and that they expected to grow at a compound annual growth rate (CAGR) of 11.5% from 2020 to 2027. Later they projected the revenues in 2027 to reach $127.3 billion by 2027. The report said that the mark
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Scientific Games Corporation (NASDAQ: SGMS) (“Scientific Games” or the “Company”) will supply and deploy lottery instant games, e-instant digital games, and WAVE lottery retailer terminals to SISAL S.p.A. (“SISAL”) in Morocco beginning this month. This represents a very important step in Scientific Games’ objective of dramatically growing its footprint in the rapidly developing African lottery market.
Scientific Games will provide e-instant games through an integration of its
Open Gaming System, lottery instant scratch cards, and the Company s latest generation
WAVE retailer terminals to support SISAL in developing the national lottery of Morocco s retailer network.
Pat McHugh, Lottery Group Chief Executive for Scientific Games, said, We are honored by the continued trust that SISAL has placed in our ability to deliver a variety of value-added products and services that maximizes sales and proceeds for a number of their international lottery operations. We are particularly excited about supporting the national lottery in Morocco and deploying our games and technology in the African market.