Join The Fastest-growing Sports Betting Community In India: Pokerstars Sports – Fast-growing Portland United PDH soccer club will now have a footprint at the semi-professional level, joining the USL 2 and USL W leagues. (Photo: United PDX)
Portland United Youth Soccer Club PDH will add two semi-professional teams to its ranks later this year, joining the second division of the United Soccer League on the men’s side and the USL B League – the top pre-professional league of women in the United States. .
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United PDH will be the fifth Oregon club to join USL 2, including OVF Alliance in Albany/Corvallis, Lane United in Eugene, Capital FC in Salem and PDH FC in Portland. Capital FC, Lane United and OVF Alliance are also adding USL W teams.
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“USL League Two and the USL W League align perfectly with our long-term vision for United PDX,” Matt Brodhead, general manager of United PDX, said in a statement. “The addition of this platform makes us more complete from top to bottom as a club and we are thrilled to be part of the USL family!”
United PDX serves more than 3,000 soccer players each year in the Portland metro area. It was formed in 2018, when Northeastern United Soccer Club and BSC Oregon merged. The program has many former players competing at the NCAA Division I level on the men’s side, along with Emily Rice – a Division II national champion for the Western Washington women’s team.
“It’s really exciting to welcome United PDH to League Two and League B,” USL Vice President of Youth and Pre-Professional Development Joel Nash said in a statement. “This is a club that prioritizes connecting with its community, which is always very important when you talk about expanding these leagues. It’s really exciting to see so many great clubs in the Pacific Northwest join our ecosystem.”
If you purchase a product or sign up for an account through one of the links on our site, we may receive compensation. Good morning and welcome to the Indy Gaming Newsletter, a weekly roundup of national and international gaming issues and how events relate to Nevada.
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On Sunday, DraftKings revealed that hackers had stolen about $300,000 in customer funds through a series of compromised betting accounts, leading to unauthorized bank withdrawals. DraftKings is committed to paying customers all money lost to illegal hacks.
The paper published a four-part series after a nearly year-long investigation into the nationwide expansion of legal sports betting and questioned some of the consequences.
Questioned the different tax structures for sports betting from state to state and the lobbying practices used to influence lawmakers. The articles also disputed figures cited by the industry surrounding illegal offshore gambling operations, criticized efforts by sports betting operators to promote responsible gaming practices, and examined questionable customer acquisition efforts targeting students.
One article addressed Penn Entertainment’s purchase of Barstool Sports and the company’s ongoing relationship with Barstool founder Dave Portnoy, who was accused of sexual misconduct by the online publication Insider.com last year and called a “degenerate gambler ” from me
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Nevada gaming regulators asked Penn about Portnoy. The company, which operates the M Resort in Henderson, does not have its Barstool brand in Nevada and declined to comment.
The American Gaming Association, the Washington-based trade organization, offered a measured response on social media late Sunday, saying in the first of a half-dozen tweets that
“We will continue our investment in promoting a safe, well-regulated environment that protects consumers and generates benefits for communities,” the AGA wrote.
David Briggs, co-founder of GeoComply, a Canadian anti-fraud and geolocation company serving the gaming industry, wrote in a LinkedIn post that “sports betting is a successful example of how to destroy a source of income for organized crime. .”
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Las Vegas-based gaming industry consultant Brendan Busman said the stories make it clear the industry needs to better educate its stakeholders, not only advocating for additional legislation and regulation, but also to overcome “the fiction that was published as part of this story”.
Bussmann, B Global’s managing partner, said gaming is “one of the most regulated industries, and to portray it as anything less in this series of articles is ridiculous.”
Following a May 2018 US Supreme Court ruling that opened up sports betting nationwide, 31 states and Washington DC currently legalize and regulate sports books and/or online sports betting. Five more countries are expected to begin operations by early 2023.
South Dakota became the third state after Nevada and New Jersey to legalize casinos in 1989. In the past 33 years, the number of states with commercial casinos has grown to 34. Tribal casinos, which began their national expansion in 1988, now are in 30 countries.
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Even state lotteries, which began in New Hampshire in 1964, eventually grew to 44 states in 2019 when Mississippi adopted the activity.
“We are heavily regulated by the federal government and thousands of dedicated professionals across all legal gaming jurisdictions set and enforce regulations,” the AGA wrote in its Twitter thread. “There is a high bar to clear to obtain and hold a gaming license and any claim to the contrary is false.”
G2E attendees walk past the Playtech Sports display on Tuesday, Oct. 5, 2021. (Jeff Scheid/Nevada Independent)
Meanwhile, responsible gaming was boosted by Harrah’s (now Caesars) placing a 1-800 number for Gamblers Anonymous on the slot machines of most casino companies that provides accessible information outlining responsible gaming programs, policies and practices and where you can find them. Help.
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UNLV’s International Gaming Institute also initiated research into responsible gaming, led by former MGM Resorts International CEO Alan Feldman.
Over the past several years, the AGA has created the “Have a Game Plan” sports betting program that includes partnerships with sports teams and leagues and promotes responsible betting habits.
Bassman suggested the sports betting industry should step up that effort with college and university sports programs to educate students about responsible gambling and warning signs about offshore sites.
“Betting on college campuses is happening today,” Bassman said. “Partnering with an operator only supports those educational initiatives that have been missing for decades.”
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The AGA said a survey last year found 92 percent of sports game players were aware of responsible gaming tools and more than half had seen more responsible gaming information in the past 12 months than in the previous year .
On Tuesday, the Massachusetts-based International Center for Responsible Gaming, which was founded by the gaming industry in 1996, announced a $180,000 donation from sports betting operator BetMGM to support the organization’s gaming research and education. responsible gambling and the impact that advertising has on gambling. problem.
A week after private equity giant Apollo Global Management said it was selling a 22 percent stake in gaming equipment provider AGS, two of its representatives on the Las Vegas-based company’s board have stepped down.
The resignations of Apollo Partner and co-head of Private Equity David Sambur, who was the chairman of AGS, and Apollo partner Daniel Cohen were not a surprise, given the sale of the firm’s shares, which closed last week. The notice came in a filing with the Securities and Exchange Commission.
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Apollo has held an ownership stake in AGS since 2013. During that time, Apollo managed the acquisition of 20 different gaming businesses, the largest of which was electronic game designer and supplier Cadillac Jack in 2015. Apollo also acquired AGS in January 2018.
Apollo’s 8.2 million shares of AGS were sold for $41 million last week, according to an SEC filing. Shares of AGS, which trades on the Nasdaq, closed at $5.32 on Tuesday.
Stifel Financial gaming analyst Jeffrey Statial told investors in a research note that AGS shares suffered because of Apollo’s ownership stake.
“We believe Apollo’s exit could open up additional markets for AGS, as game licensing requirements in certain states would likely prove too extensive for Apollo to pass with an anticipated eventual planned exit,” Statial wrote.
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B Riley Securities gaming analyst David Bain said commercial and tribal casino operators have increased purchases of new slot machines after historically low sales during the pandemic. The lack of sales earlier this year created “use it or lose it” year-end budgets for casino gaming executives.
“Operators are citing a sharper focus on the casino floor as many have achieved record (cash flow) since SOVID with gaming floors as the engine and a lower mix of non-gaming equipment,” Bain wrote in a research note.
AGS has six remaining board members, including CEO David Lopez. Other board members include former Monarch Casino CEO David Farahi, former Mandalay Resort Group general counsel Yvette Landau, former Multimedia Gaming CFO Adam Chibib, former gaming analyst Anna Massion and former Association CEO American for Games, Jeff Freeman.
In the SEC filing, the company did not say when or if the new board members will be appointed.
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In February, Apollo paid $2.25 billion for the Venice, Palazzo and Venetian Expo operations as part of a $6.25 billion acquisition by Las Vegas Sands Corp. Real estate investment trust VICI paid $4 billion for the land and buildings.
Las Vegas Sands provided Apollo with $1.2 billion in seller financing, with the private equity firm putting in another $1.05 billion in cash and financing.
Apollo previously owned Caesars Entertainment, but sold its stake to
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