Ohio has successfully launched its regulated online sports betting market with education, war veterans, and problem gambling programs set to benefit from the taxes generated by the newly-legalized industry.
GeoComply, a leader in geolocation and anti-fraud solutions for the US iGaming industry, recorded 11.3m geolocation transactions in Ohio over the course of New Year’s weekend. The impressive start vaulted Ohio to the top of the list of states with the most geolocation volumes recorded by GeoComply over the New Year’s weekend, even surpassing New York.
GeoComply SVP of Compliance Lindsay Slader commented: “We are thrilled to welcome another state into the regulated online sports betting sector. As expected, residents of the Buckeye State enthusiastically greeted the market at the moment the calendar changed over to 2023.”
“Today, about 44 percent of the American population can bet online with legal and responsible operators. The launch of regulated online sports betting in Ohio will better protect its citizens, with an increased commitment to responsible gambling and new funding for critical state programs,” Slader added.
GeoComply is the trusted provider of geolocation verification and fraud-prevention solutions for approved Ohio online sports betting operators, and its data provides a unique view of the Ohio market since it launched on January 1st.
Ohio betting action on January 1st and 2nd, based on GeoComply’s data:
- 17 operators
- 784k unique accounts
- 11.3m geolocation transactions
- 234k geolocation transactions during the first hour on New Year’s Day
Ohio’s New Year launch pushed it straight to the top of the US market over the holiday weekend.
According to GeoComply’s data, Cincinnati proved to be the busiest city, with 1,898,000 geolocation transactions. Columbus trailed despite having the largest population, with 1,033,000 transactions. Cleveland recorded 772,000 transactions, and Toledo recorded 619,000.
GeoComply has a unique view of the US online sports betting market as the trusted geolocation supplier for the majority of the regulated online sports betting operators in the US. GeoComply’s data does not purport to be definitive or represent the entire market in Ohio or any other jurisdictions but is intended to provide general insights into relevant market dynamics.
Powered by WPeMatico
Great Canadian Entertainment Appoints Pauline Alimchandani as CFO
Great Canadian Entertainment has announced that it has appointed Pauline Alimchandani as Chief Financial Officer, effective March 31, 2024, subject to customary regulatory approvals. At that time current CFO Darren Gwozd will step down from the role. Ms. Alimchandani will be responsible for overseeing the Company’s finance organization.
“I am delighted to welcome Pauline to our exceptional senior management team. Her extensive public company experience and deep record of successful leadership roles in finance, capital markets and financial reporting, will be immensely valuable as we continue to remain focused on delivering long-term growth and creating value for our stakeholders in a socially responsible way. I look forward to her contributions,” Matthew Anfinson, Chief Executive Officer of Great Canadian, said.
“Darren has been a valuable member of our Finance team for more than six years and has helped lead our organization through a transformational period. On behalf of the Board of Directors, the senior management team, and Great Canadian’s team members, we want to thank Darren for his many years of leadership,” Mr. Anfinson added.
“I am very excited to join Great Canadian and see significant opportunity to build upon the Company’s strong financial and operational foundation, while developing capabilities that further establish the Company’s competitive advantage,” Ms. Alimchandani said.
Prior to joining Great Canadian, Ms. Alimchandani was Chief Financial Officer for Northland Power, where she oversaw a large global team across several key functions and chaired the organization’s Investment Committee. Ms. Alimchandani has over 18 years of professional experience, previously having served in roles that included Executive Vice President and Chief Financial Officer of Dream Unlimited Corp, Vice President, Corporate Strategy at Dream, and Vice President, Equity Research at BMO Capital Markets. In 2020, she was awarded one of Canada’s 50 Best Executives by the Report on Business/Globe and Mail and in 2022, she was awarded Canada’s Clean 50, which is noted as being Canada’s top sustainability award.
Clarion Gaming Digital Expands North American Reach with Global Gaming Business Acquisition
iGaming Business (iGB) parent company Clarion Gaming Digital has acquired Global Gaming Business (GGB) as it accelerates its growth strategy across North America.
The purchase includes GGB magazine’s annual publications Casino Style, Tribal Government Gaming and Progressive Products Preview (P3) as well as its online assets including GGB News.
It will extend the digital publishing business’ global reach as the North American market enters a crucial phase, providing clients with access to a significantly bigger audience through its range of marketing services products.
Founded in 2002, GGB is trusted title with a reach beyond sports betting and iGaming into commercial and tribal gaming. It bolsters Clarion Gaming Digital’s ability to provide a comprehensive range of news, analysis and data to every sector of the industry.
The acquisition is a cornerstone of a wider multimillion pound investment to enhance Clarion Gaming Digital’s data and audience development.
“This is a major milestone for our digital business as we unlock the benefits of our investment,” the Managing Director for Clarion Gaming, Alex Pratt, said. “We are acquiring a business with deep industry heritage and with it the opportunity to build on its solid foundations in the United States.”
The B2B Global Content Director for Clarion Gaming Digital, Robin Harrison, said the acquisition came amid changes to state regulations as well as new land-based and online developments across the United States and Canada.
“We are delighted to seal this deal, which brings in new industry expertise to the team, expands our reach and consolidates our presence in a crucial region,” Harrison said. “We will build an offering that acts as the final word on key industry developments and GGB’s authority and relationships takes us a step closer to that goal.”
“We have had lengthy discussions with Clarion Gaming Digital in recent years and believe it shares our passion and vision for serving our readership in a way that will maintain the quality of the publications for decades to come,” the publisher and Chief Executive Officer for Casino Connection International LLC, the parent of GGB, Roger Gros, said. “As the gaming industry continues to grow in many different ways, our relationship with Clarion will make certain that our pivotal role in the industry remains unchanged and we can continue our important work going forward.”
Clarion Gaming Digital plans to further accelerate its North American expansion by leveraging unique partnerships on offer through the wider Clarion Events portfolio such as the DigitalPlay Summit at the Indian Gaming Tradeshow and Convention over April 10 to 11.
ReactivAction Limited Partners with Fast Track to Underpin Growth Strategy, Starting with the Brazilian Market
ReactivAction Limited, an ambitious new player in the iGaming industry offering online casino games and sports betting, has gone live with Fast Track, marking a strategic move to cement a stronghold across multiple markets, starting with Brazil.
This partnership not only marks a dynamic alliance but also a ground-breaking integration of Fast Track with Altenar’s renowned player account management (PAM) platform. This innovative collaboration highlights Fast Track’s exceptional ability to seamlessly integrate with various leading iGaming systems, further cementing its position as the industry’s most versatile and adaptable CRM solution provider.
With plans to expand beyond Brazil into Canada, New Zealand and Ireland through a second brand, ReactivAction Limited was on the lookout for a long-term partner that not only understands its growth trajectory but is also a critical driving force behind its growth. By leveraging Fast Track’s state-of-the-art AI-driven tools, lifecycle automation and real-time data analytics, ReactivAction Limited is poised to elevate its player engagement and retention strategies. This advanced technology empowers ReactivAction Limited to customize communications, personalised promotions and bonuses, aligning them with individual preferences and behaviours for a more tailored and engaging gaming experience.
“We were looking for a platform that sets us up for success from day one, making it possible to execute and automate the entire retention strategy, a system that could scale and mould around our expansion and provide solutions to our unique challenges,” the Director for ReactivAction Limited, Leone Stranges, said. “Fast Track’s lifecycle templates, real-time capabilities and experience within the industry made it a straightforward choice.”
“We are always excited at the prospect of empowering a forward-thinking operator through our platform,” the founder and Chief Executive Officer for Fast Track, Simon Lidzen, said. “We look forward to a fruitful long-term relationship to support ReactivAction Limited’s growth trajectory as it expands its brand into new markets.”
- The largest exhibition of the gaming industry in Bulgaria marks its 15 year
- Esports to Beat Football? SOFTSWISS Shares Sports Betting Trends for 2024
- Week 8/2024 slot games releases
- Control F5 Anticipates High Expectations for Gaming Insights Rio in Collaboration with SuperHost
- Hacksaw Gaming Goes Live with Market Leader JOI Gaming in the Netherlands
- Stakelogic Launches Second Live Jackpot “Progressive Live Jackpot”
- Yggdrasil grows European presence with 711 deal
- Breaking News: New £2 maximum stake for under 25s playing online slots in the UK
- Largest gaming trade show was a galactic success for NOVOMATIC
- DAZN Appoints Brice Daumin as CEO of French and Swiss Operations
- Spillemyndigheden: Error Concerning Renewals of ROFUS Registrations
- Uncover Ancient Treasures in Tiki Tiki Hold ‘N’ Win from Stakelogic
- Flutter Awards Bumper £400K Lifeline to Community Clubs
- California Gambling Control Commission Announces Comprehensive Agenda for Upcoming Meeting
- Expert Insights and Networking: SBC’s Exclusive Capital Markets Forum at the NYSE
Australia5 days ago
Star Entertainment Announces Jobs Guarantee & Cashless Gaming Trial Agreements in NSW
Andreas Krannich5 days ago
Sportradar Appoints Felippe Marchetti to Lead Integrity Services in Brazil
Central Europe5 days ago
DSWV Calls for Changes as Black Market Betting Rises in 2023
$12.5 Million Venom5 days ago
ACR Poker Offers Dozens of Tickets to $12.5 Million Venom at Enjoy Poker Series in Uruguay
Africa4 days ago
African expansion delights BetGames as Skyward enjoys successful tier-one launch
Central Europe4 days ago
Low6 equips BETFAN with free-to-play arcade games
Balkans3 days ago
FK Partizan Signs Sponsorship Contract with MaxBet
Australia3 days ago
Supercars Partners with Dabble