Canada
SeventySix Capital Unveils Sports Advisory Venture
SeventySix Capital, the sports venture capital company that invests in sports tech, esports and sports betting companies, announces its SeventySix Capital Sports Advisory venture (“Sports Advisory”). It advises top sports executives, leagues, organizations and athletes across the evolving landscape of sports management with a focus on esports, sports betting, media and social responsibility.
The Sports Advisory will be led by sports industry veteran, Dan Bravato, whose diverse background includes Van Wagner Sports, Dan Gilbert’s Family of Companies, Manchester City, and most recently, his own agency, Pitch 15 Sports Group. Bravato’s experience across the team, agency, brand, and startup sectors of the sports industry strongly positions him to lead the entire portfolio of practice areas.
“The mission of this organization aligns perfectly with the trajectory of the sports industry,” said Bravato. “SeventySix Capital’s experience across these sectors, coupled with our managing directors and alliance partners’ collective expertise, has us poised to help organizations and executives be on the forefront of this sports revolution.”
To date, the Sports Advisory has attracted industry experts to lead as Managing Directors for various practice areas. Leading the esports practice will be Bravato’s co-founder of Pitch 15 Sports Group, Chris Yortsos, whose esports agency has worked with esports franchises/teams, traditional sports leagues and brands. Evan Davis, former Vice President and General Counsel of Rivers Philadelphia Casino, will lead the sports betting practice. General Partner of SeventySix Capital and former NBC, Comcast and Altice executive, Michael Schreiber, will lead the media practice along with Managing Director Rick Alessandri, formerly of ESPN, Univision and currently part of Turnkey Sports.
In addition to the practice leaders, the Sports Advisory is partnering with renowned business executives to help advise its client roster.
This list includes:
Joanne Pasternack, Senior Advisor, Social Responsibility
-President and Chief Impact Officer of Oliver+Rose and Former Vice President of Community Relations for the Golden State Warriors and San Francisco 49ers
Eric D. Darr Ph.D., Senior Advisor, Esports
-President of Harrisburg University
Len Perna, Alliance Partner
-Turnkey Sports, Chairman and CEO
Lovell Walker, Alliance Partner
-Founder of Onward and formerly MGM Head of Esports
Aljit Joy, Operating Partner
-Founder of Cirquare and formerly the founder of Comcast Innovation Labs
Ari Roitman, Alliance Partner
-Pivot Sports Group and formerly of the Philadelphia Eagles and Major League Baseball
“As one of the leading venture capital investors in the sports industry, we have a window into what is happening next,” stated Wayne Kimmel, Managing Partner of SeventySix Capital and Chairman of Sports Advisory. “The Sports Advisory business has enabled us to activate our vast network of experts and work with sports leagues, teams, universities, athletes and media companies to become their trusted advisor and help them be one step ahead of their competition. Like on the venture capital side of the business, our Sports Advisory team led by Dan Bravato, is composed of passionate, smart, and nice people who want to change the world.”
About SeventySix Capital Sports Advisory
SeventySix Capital Sports Advisory is a sports consulting group of experts focused on bringing the emerging innovations and technology to sports executives, leagues, organizations and athletes. The Sports Advisory works side by side with these change makers across the evolving landscape of sports, including esports, sports betting, media and social responsibility.
About SeventySix Capital
SeventySix Capital is a sports tech venture capital company that invests in passionate, smart and nice entrepreneurs who are launching game-changing tech startups in the sports tech, esports and sports betting industries.
SeventySix Capital’s Athlete Venture Group allows players to invest, learn, and work directly with top sports tech startups and entrepreneurs. The firm aims to bridge the gap between athletes, entrepreneurs, and investors by creating opportunities for athletes to become tech investors and for entrepreneurs to access the financial and social capital that professional athletes have to offer.
Additionally, SeventySix Capital has a strategic partnership with Rubicon Talent, a sports marketing and talent agency based in New York City with a wide range of clients including NFL and NBA stars, Hall of Famers, MVPs, Heisman Trophy winners, Olympic icons, media personalities, and celebrity chefs. Click here to learn more about SeventySix Capital.
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Bally Bet Sportsbook & Casino app
Bally’s Interactive Launches the New Bally Bet Sportsbook & Casino App in Ontario
Bally’s Interactive, the digital and sports betting division of Bally’s Corporation, has launched the all-new Bally Bet Sportsbook & Casino app in Ontario, Canada. This latest release marks another significant milestone for the company, following the recent app update in New Jersey and a series of successful app launches in the past year, including the introduction of Bally Bet Sportsbook across multiple states and Bally Casino in Rhode Island.
The updated Bally Bet Sportsbook & Casino app represents a major step forward, as it combines the functionalities of the existing Bally Casino app and Bally Bet Sportsbook app into one comprehensive platform. Powered by White Hat Gaming, this new app allows players residing in or traveling to Ontario to conveniently place wagers on both sports and casino games using a single app, account, and universal wallet.
“We are thrilled to introduce the new Bally Bet Sportsbook & Casino app, marking a significant milestone for Bally’s. This integrated platform merges the features of our previous apps, providing players in Ontario with a seamless experience for both sports and casino betting. Our commitment to enhancing the player experience remains at the forefront as we strive to personalize the enjoyment of playing Bally Bet,” said Robeson Reeves, CEO of Bally’s Corporation.
BCLC
Be #GiftSmart: Scratch the Idea of Gifting Scratch & Win Tickets to Kids
BCLC reminds adults to gift responsibly this holiday season
With the holiday season in full swing, BCLC is reminding British Columbians to gift responsibly and scratch lottery products from their shopping lists for kids.
“Scratch & Win tickets can make great stocking stuffers for the adults in your life, but they’re not for kids,” said Ryan McCarthy, BCLC’s Director of Player Health. “The research shows that children who have early encounters with gambling are four times more likely to develop riskier gambling behaviour as they grow up. While people are out shopping for those last-minute gifts, BCLC wants adults to be aware of the potential risks associated with gifting lottery products to children and to consider safer alternatives.”
While Scratch & Win tickets are among the most common ways kids can be introduced to gambling, children are increasingly exposed to various online forms, such as gambling streams.
“With the convergence of gaming and gambling, youth are becoming more exposed to gambling content in online spaces like streaming sites, where creators are able to live-stream their own gambling, usually while playing online slots and instant games,” said Dr. Luke Clark, Director for Gambling Research at UBC. “Our research at the UBC Centre for Gambling shows that a higher frequency of watching online gambling streams is associated with a more positive attitude towards gambling and a high intention to gamble in the future.”
In B.C., it is illegal to sell lottery products to anyone under the age of 19 and BCLC encourages adults to have conversations with the kids in their lives about the risks associated with gambling.
“Open and honest conversations are crucial when it comes to navigating childhood exposure to gambling,” said McCarthy, who shared the following tips to adults:
- Monitor for gambling-related lifestyle changes. For example, developing a positive attitude towards gambling or a preoccupation with video games or streaming sites.
- Be a positive role model. Exhibit safer gambling behaviour and talk about the risks.
- Limit exposure. Monitor kids’ online activities and discourage engagement with gambling content. Explain how gambling is based on chance.
AGCO
Jackpot Digital Receives Approval from AGCO as a Registered Gaming Supplier
Jackpot Digital Inc., a leading provider of innovative dealerless electronic poker gaming solutions, has announced that the Alcohol and Gaming Commission of Ontario (AGCO) has approved the Company to be licensed as a registered Gaming Related-Supplier (the “Supplier License”) under the Gaming Control Act in the Province of Ontario.
This significant achievement allows Jackpot Digital to enter one of the most dynamic and rapidly growing regulated gaming markets in North America. The Supplier License authorizes Jackpot Digital to supply its electronic table games to Ontario’s gaming venues, including casinos and other regulated gaming facilities.
Jackpot Digital’s flagship product, the Jackpot Blitz electronic table game system, offers a modern, dealerless, player-friendly solution that integrates traditional multiplayer poker games with cutting-edge digital technology. The Supplier License will enable the Company to offer its innovative gaming solutions to operators throughout Ontario, driving new revenue opportunities and enhancing player experiences.
“Receiving AGCO’s approval is a major milestone. This approval provides us with the opportunity to offer our top-tier electronic gaming systems to operators throughout all of Ontario, positioning us for further growth in one of the world’s most robust gaming markets. We are excited to bring our innovative products to Ontario’s gaming community and continue our commitment to providing exciting, technology-driven entertainment experiences,” said Jake Kalpakian, CEO of Jackpot Digital.
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