EquiLottery Rebrands to Include Sports

CEO Brad Cummings

CEO Brad Cummings

EquiLottery, a gaming company best known for its live horse racing lottery game Win Place Show™, is transitioning its corporate identity and evolving its mission to better serve its lottery customers. Rebranded as EquiLottery Games, the company will expand its pioneering vision for live sports lottery games from a single horse racing product to now include baseball, basketball, football, golf, hockey, soccer and stock car racing.

These games are built on the same patented platform as Win Place Show, EquiLottery Games’ flagship product based on the results of live horse racing. Win Place Show will be launched on a trial basis by the Kentucky Lottery in March of 2019.

“We have always been a future-focused company, leading the way on products that combine the excitement of live sports with the lottery draw experience,” said EquiLottery Games CEO Brad Cummings. “Our original vision was to introduce live horse racing to new fans through government lotteries. We have now expanded our offerings to include lottery games based on all live sports. This solves a pain point for lotteries by allowing them to offer a form of sports wagering through their existing statutes and retail channels with low-risk games designed to appeal to their player base.”

EquiLottery Games will now introduce six new games for lotteries to offer their players in addition to Win Place Show. The team sport parlay game allows players to buy lottery tickets based on a slate of ten games from the big five professional sports in the U.S. — baseball, basketball, football, hockey and soccer. Matching the winner of all ten games returns an estimated top prize of $1,000. Car Cash features tickets listing three drivers in a 40-car race and pays out an estimated $50,000 top prize. Golfing for Gold is based on a ticket featuring three golfers and pays an estimated top prize of $2,000,000. All games are quick pick only, meaning the randomization happens at the pick while the draw is a live, authentic sporting event.

All EquiLottery duties will be assumed by EquiLottery Games, including the preparation for and launch of Win Place Show by the Kentucky Lottery beginning March 24, 2019. For more information on these new live sports lottery games, including specifics on how they work, as well as the vision for EquiLottery Games, visit www.EquiLotteryGames.com.

Press release

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New Sports Show to Air on TVG

The Barstool Sports Advisors to Debut this Sunday

TVG, America’s national horse racing network and an affiliate of FanDuel Group, announced the launch of its first ever live, integrated Sunday morning sports betting pregame show, More Ways to Win, and the premiere of Barstool Sports new syndicated program, The Barstool Sports Advisors.

“The expansion of our Sunday morning programming, including our partnership with Barstool Sports, will bring a whole new audience to our network for a mix of sports betting, news and daily fantasy content that’s relevant to their interests,” said Kip Levin, CEO of TVG Network and COO of FanDuel Group. “Our Sunday morning programming will now offer up-to-the-minute sports betting information, football news, and expert opinions and insights to complement our customary coverage of the best in live horse racing from around the world. The integration of fantasy and sports betting content into our television assets provides a unique, unmatched marketing platform for the FanDuel Group.”

Beginning at 10 AM ET on Sunday, September 9, TVG will debut The Barstool Sports Advisors, a look at the Sunday slates in a way that only Barstool Sports can deliver. The show will be hosted by Barstool Sports personalities Daniel “Big Cat” Katz, Stu “The Source” Feiner, PFT Commenter, and Barstool Sports founder, Dave Portnoy. The thirty-minute syndicated program will be followed by a separate thirty-minute show exclusive to TVG.

“I’ve been a fan of TVG forever and I’m excited to bring Barstool Sports to the network,” said Dave Portnoy, founder of Barstool Sports.

Skill or Chance fantasy sports

DALLAS – DEC 14: Taken in Texas Stadium on Sunday, December 14, 2008. Dallas Cowboys Quarterback Tony Romo waits for the snap from the center.

The Barstool Sports Advisors will lead in to TVG’s newest studio show, More Ways to Win, which will premiere Sunday, September 9 at 11 AM ET. The live two-hour studio show, hosted by former ESPN and SportsCenter anchor Lisa Kerney, will prepare viewers for Sunday’s games and races with a mix of football news, sports betting information, fantasy news, and live data integration all in one program. More Ways to Win will translate the news of the day into actionable items for sports betting and fantasy consumers. In another groundbreaking move, More Ways to Win will feature live reports from the FanDuel Sportsbook at the Meadowlands Racetrack in New Jersey, putting viewers at the center of the action at the only US sportsbook next to a professional football stadium. Additionally, the show will include horse racing from the biggest tracks in the United States, with TVG experts providing commentary.

Kerney will host More Ways to Win, quarterbacking an experienced team of sports experts. Dani Klupenger, a seasoned football host and sideline reporter, will keep viewers up to date on the latest news and Fox Sports 1’s Jason McIntyre will provide analysis and sports betting information that every sports fan will need for the day. TVG’s Dave Weaver will report live from the FanDuel Sportsbook at the Meadowlands Racetrack, and Brandon Funston of The Athletic will provide fantasy news and insights.
“Our goal is that More Ways to Win will revolutionize sports betting news and information in the same way CNBC changed television coverage of the stock market,” said Kevin Grigsby, Executive Producer of More Ways to Win and Senior Vice President of Content Development at TVG. “TVG’s proven experience with live sports programming, along with our world-class cast of talent will make More Ways to Win an innovative Sunday offering for any sports fan waiting for kickoff.”

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Available in a combined 60 million homes, More Ways to Win, The Barstool Sports Advisors, and all of TVG and TVG2’s content is available on Apple TV, Amazon Fire, and Roku via the new Watch TVG App. The international racing programming previously shown in the Sunday 11 AM ET timeslot on TVG will now be available on TVG2.

New TVG Lineup on Sundays

The Barstool Sports Advisors 10:00 AM ET
The Barstool Sports Advisors After Show 10:30 AM ET
More Ways to Win 11:00 AM ET
TVG Horse Racing 1:00 PM ET
More information on More Ways To Win hosts:

Lisa Kerney is formally a sports anchor and reporter at ESPN. Lisa anchored SportsCenter, Fantasy Football Now during the professionall football season and hosted ESPN’s first-ever internal podcast called “Stay Curious with Lisa Kerney.” Kerney joined ESPN in February 2014 as a studio anchor, appearing on various shows across several ESPN platforms.

Fox Sports 1’s Jason McIntyre is a TV host on FS1’s “Speak for Yourself” and hosts a Fox Sports Radio Show on Saturdays at 10 am. He is the founder of The Big Lead, a sports website that was acquired by Fantasy Sports Ventures in 2011. Previously, he was an award-winning writer at the Bergen Record (NJ), and a reporter and editor at Us Weekly.

Dave Weaver is a television host, reporter and analyst for TVG, America’s horse racing network, since 1999. Dave has covered major events such as the Preakness Stakes, Belmont Stakes, Breeders Cup World Championships and Hambletonian. Professional handicapper and part-owner of 3-time Breeders Cup participant War Story, which won $2.6M in earnings.

Dani Klupenger is a reporter for both professional and college football. She currently covers the Seattle Seahawks for NBC Sports Northwest and the college sidelines for Stadium Network. She previously was the team reporter for the Los Angeles Rams, preseason sideline reporter for CBS-LA and co-hosted “What The Hekk” on ESPN Los Angeles radio. A former Division-1 basketball player, Klupenger also has contributed as an analyst and reporter for various networks such as the SEC Network and ESPN3.

Brandon Funston is a fantasy expert/editor for The Athletic. One of the original online “faces of fantasy sports,” Funston has been working with leaders in the industry for more than 20 years – formerly with ESPN and Yahoo. In 2011, his work was recognized with induction into the Fantasy Sports Writer’s Hall of Fame. Funston, who also produces The Fantasy Record podcast and co-hosts a weekly fantasy football show on Sirius XM radio, resides in the Pacific Northwest with his wife and two kids.

*The debut of The Barstool Sports Advisors is subject to pending regulatory approval.

Sports betting ‘encouraging’ but don’t ignore Horse Racing, senator says

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“It’s encouraging, but no one should assume that, ‘OK, we have sports betting now, we can ignore this industry going forward,'” O’Scanlon said.

He said that whether or not an individual person likes horse racing, there is no denying its importance to New Jersey. And there may be no more important single day than the annual Haskell Invitational, coming up on Sunday…”

 

New Jersey 101.5 FM Radio Full coverage

Source: Sports betting ‘encouraging’ but don’t ignore horse racing, senator says

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Sports bettingDespite the state Legislature paving the way for sports gambling almost five years ago, regulators in New York tasked with implementing a framework for the industry appear to be in a holding pattern following a decision by the U.S. Supreme Court to strike down a limit on the states that can offer sports gambling.

Source: Sports gambling maybe not imminent despite SCOTUS ruling

A Study to Prove Daily Fantasy Sports is a Game of Skill?

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“Now we have proof – real analytical, data-driven, published proof – that DFS is indeed a game of skill.  This study states that it’s backed by arguments and logic used in basic statistics and probability theory….”

JD Supra (press release) Full coverage

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China to Expand Horse Racing, Sports Betting

The Chinese government has revealed plans to develop a horse racing industry and expand sports lotteries to boost tourism to the holiday island of Hainan.

According to a report by official news agency Xinhua, horse racing will be one of a number of activities promoted on Hainan alongside beach and water sports as part of a reform agenda approved by cabinet. Hainan would also “explore the development of sports lottery and instant lottery on large-scale international games.”

Hong Kong horse racingChina already allows certain forms of sports betting operated by the government’s China Sports Lottery while a government-run lottery system is also widespread across the country.

It remains unclear exactly how an expanded sports lottery might work, however reports that the initiative might eventually lead to legal casinos in Hainan seem to be both unfounded and sensationalist, with multiple reports of impending casino legislation in Hainan over the years having amounted to nothing. Attempts by some Hainan hotels to launch small gaming operations were quickly shut down in 2013, while China made no secret of its stance when it arrested employees of Korean casino operators Paradise Group and Grand Korea Leisure in 2015 and Australia’s Crown Resorts in 2016 for promoting gambling on the mainland.

Macau-based analyst Grant Govertsen has also been quick to downplay the news, stating in a Sunday note that, “While various media outlets are trumpeting the ‘gaming’ aspects – as if the center point of this PRC policy is gaming – the reality is that the policy in no way approves anything remotely close to casinos, nor does it even suggest this is a future possibility. Rather, what was announced was a free port concept within a special economic zone.

“Buried inside an exhaustive list of policies, it suggests the development of horse racing – but importantly omits any references to wagering. It also recommends that the idea of an international-style lottery be studied, and we highlight that the lottery verbiage says ‘explore’ rather than ‘develop,’ which suggests that even a lottery isn’t a done deal.”

Govertsen also quashed wildly ambitious speculation – first prompted by a recent Bloomberg article pointing to the potential relaxing of rules around online gambling, lotteries and sports betting – about the future of casinos in Hainan.

“It is critical to keep in mind that gambling in all forms (other than a small lottery exception) is illegal within China,” he said. “As part of the anti-corruption campaign the government made it a point that officials shouldn’t even play mahjong given its gambling characteristics.

“While the government is encouraging the development of a horse racing industry in Hainan (as they have in other parts of China) they are not encouraging the concurrent development of a horse wagering industry. We therefore think the legalization of casinos within China remains highly unlikely.”

Daily Fantasy Sports (DFS): Is it gambling?

A Game of Skill or Gambling?

Some states, such as Nevada recently banned sites like fantasy sports website DraftKings after accusations surfaced of employees participating in the contests with insider information. Some believe the websites should be regulated like gambling websites.

Source: Daily fantasy sports: Is it gambling?