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Sportech Racing, LLC awarded a Casino Service Industry Enterprise license
Tuesday April 21,2015 : SPORTECH U.S. SUBSIDIARY CRACKS A NEW JERSEY LICENCE
Sportech Racing, LLC awarded a Casino Service Industry Enterprise license.
Sportech plc has announced that the New Jersey Division of Gaming Enforcement has awarded its subsidiary, Sportech Racing, LLC a Casino Service Industry Enterprise licence, under section 92(a) of the New Jersey Casino Control Act.
It is understood to be among the first, if not the first, full gaming-related licence to be issued in New Jersey to a European-owned company, and follows a thorough investigation by the DGE of the Sportech group, its employees and shareholders over an extended period.
The licence supersedes the Transactional Waivers on which Sportech Racing has been operating in New Jersey for the last four and a half years.
Sportech Racing processes all the wagering for the racing industry at New Jersey racecourses, off track betting facilities, certain casinos in Atlantic City, and through the state's only sanctioned "advance deposit wagering" (online betting) service.
In addition, Sportech's data and operations centre, which is based in Mt. Laurel, New Jersey, processes a total of $11 billion of bets a year for customers in the US, Canada, the Caribbean and South America. This facility also acts to back up the group's Berlin data centre, which processes bets for European customers. In aggregate, the two facilities process $13 billion of bets each year globally.
Sportech is also represented in New Jersey by Sportech-NYX Gaming, LLC, the joint-venture established with NYX Gaming Group Limited. SNG provides the online gaming platform and associated services operated by Resorts Casino Hotel in Atlantic City.
Ian Penrose, Sportech chief executive, said that a New Jersey online licence is widely viewed as the "gold standard" and is an endorsement of Sportech's standards of operations and the qualifications of its directors and senior employees.
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
New MPN Poker Rooms Tower Torneos -
Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<
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