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IGT AND iPRO IN ITALIAN SPORTS BETTING DEAL
IGT AND iPRO IN ITALIAN SPORTS BETTING DEAL
Ringit platform integrated with Lottomatica in time for Euro 2016 football finale.
Seattle-based social and sports games developer iPro has announced an agreement with IGT which will see its real-time sports gaming platform, ringit!, on the IGT-owned Lottomatica Italian sports betting platform for 2016s UEFA Euro Cup finale.
Fans will be invited to win cash in ringit! by predicting what will happen next during the key football matches, with tournaments that allow them to predict dozens of in-game events including which players will score goals, have shots on and off target, take corner kicks, or be issued yellow or red cards.
Leveraging Betradars real-time data and iPros patented technology, ringit!s key innovation is its real-time gameplay that enables the placing and resolving of bets every five minutes during the game.
Robert Melendres, founder and CEO, iPro Inc. said in press release Wednesday that launching into the real money sports betting market is a major milestone for the company as the American legal landscape on fantasy sports remains fluid, but he stressed that ringit! remains 100 percent compliant on an international basis.
The new product is offered in social (free-to-play), fantasy and real money gambling formats, and game play can be tailored to the legal and regulatory framework of any given jurisdiction around the world, he said.
Fabrizio Virtuani, SVP Digital and Betting at Lottomatica, said:
"In-play betting has driven European sports book revenues to Euro 5.9 billion, and established Italy as the fourth largest betting market in the world. ringit! brings significant innovation to the space, delivering the excitement of in-play sports betting....and tournament structures that let Lottomatica players compete amongst themselves."
Melendres was previously IGTs Chief Legal Officer and Executive Vice President, Interactive, leading IGTs $500 million acquisition of Double Down Interactive before striking out on his own.
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Gambling News :
Anti Gambling bill S. 3376 -
#s3376 Industry observers were taken by surprise late Friday when a little-known Republican Senator from Arkansas, Tom Cotton, filed the beginnings of a new bill in the US Senate Committee on the Judiciary in what appears to be a move to toughen the US legal stance on the Unlawful Internet Gaming Enforcement Act of 2006 and possibly the 1961 Wire Act.
2016 WPT Borgata Main Event Results -
@MrJesseJames888 Four years ago the poker world watched as Jesse Sylvia and Greg Merson fought it out in the heads up of the World Series of Poker main event, with Sylvia narrowly defeated but taking home a second placing pay check for $5,292,889.
G-Sports debuts with the game Road Redemption -
#esports Land, online and mobile gambling publisher Gamblit Gaming has debuted in the burgeoning eSports sector, unveiling its new eSports platform branded G-Sports with the hit PC and console game Road Redemption.
French licensed gambling operators lost $5M in 2015 -
#france Numbers released by the French online gambling regulator ARJEL have illustrated the continued folly of a ring-fenced and restricted online gambling market saddled with a harsh and operator-unfriendly tax regime.
NO PRIVATISATION FOR ONTARIO LOTTERY -
The privatisation of the Ontario provincial lottery will not go ahead despite proposals by major companies like IGT-GTech, Scientific Games and Rogers Communications submitted in response to the provincial government’s 2014 Request for Proposals.
Space Invaders wins Best Slot Product Award -
The growing emphasis on skill-based slot machines that are more appealing to the millennial demographic has seen Scientific Games awarded a Best Slot accolade for its Space Invaders game at the 2016 Gaming and Technology Awards.
NEW MARKETING CAMPAIGN FROM LADBROKES -
The Ladbrokes land and online gambling group has launched its latest marketing campaign, with the first television advertisements ready to screen this Saturday.
Gamesys acquires Snowcat Games -
London online gambling provider Gamesys has announced the acquisition of Estonian online gambling games developer Snowcat Games for an undisclosed consideration, noting that the deal will strengthen its development capabilities.
BetConstruct adds virtual sports products -
The Golden Race package includes premium virtual content including; football, tennis, Real MMA Fighting, horse and greyhound racing, along with lotto and keno games content.
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