North Devon Council is launching a new fundraising initiative which will support local good causes.
The North Devon Community Lottery is a chance for residents and visitors alike to support local charities and good causes, while also getting the chance to win cash prizes.
The council has appointed lottery management company Gatherwell to run the scheme, with the company having already launched similar lotteries for councils elsewhere, including in North Somerset and Teignbridge.
When the lottery launches in early 2024, people will be able to purchase tickets online, and support the good cause of their choice. Tickets will cost £1 a week. The draw will be weekly with a jackpot of £25,000, other prizes being £2,000, £250 and £25.
Good causes will soon be invited to register to raise funds with North Devon Community Lottery, with 50% from every ticket sold going directly to the local causes chosen by the lottery players. A further 10% from every ticket will go into a central fund that will be distributed to fund schemes in North Devon that directly benefit the public, with the remaining 40% being put towards the prizes and operating costs.
Leader of North Devon Council, Councillor Ian Roome, said: “It is a pleasure to launch the new North Devon Community Lottery, which is a fantastic opportunity for residents to support local good causes. We hope it will open up a valuable funding stream for our amazing local voluntary and community organisations.
“Users can choose who they want to support, which means residents can be sure that their money is going directly to causes they care about. It’s a fun and easy way to support our community, and you could be in with a chance of winning some amazing cash prizes at the same time.”
ZEAL to streamline Executive Board as Sönke Martens leaves as CCO
After almost 10 years with ZEAL, Sönke Martens, Chief Commercial Officer of ZEAL, has decided not to extend his Board contract expiring end of June 2024. Going forward, ZEAL Network SE will streamline its Executive Board to three members effective 1st December 2023.
Sönke Martens will step down from his position on the ZEAL Executive Board effective from 30 November 2023. He will continue to serve ZEAL until the end of February 2024 to ensure a seamless transition of his responsibilities to respective management leaders of ZEAL.
“I would like to thank Sönke Martens for his relentless dedication towards ZEAL and its brands LOTTO24 and Tipp24 in the past years.”, said Peter Steiner, Chairman of the Supervisory Board of ZEAL Network SE. “With his innovative spirit, he has shaped ZEAL’s culture and made significant contributions to making ZEAL a best-in-class e-commerce company and the market leader for online lotteries”
Helmut Becker, Chief Executive Officer of ZEAL Network SE: “On behalf of the entire Executive Board I would like to extend my gratitude and best wishes to Sönke for his passion and startup spirit he brought to the company. Only this year, he and his team successfully launched the biggest marketing campaign in the history of LOTTO24. Under his leadership ZEAL tripled billings in the core business, successfully integrated the LOTTO24 and Tipp24 businesses, and achieved a significant improvement in customer lifetime values and the way we win new customers. We regret his decision to leave ZEAL and pursue entrepreneurial opportunities outside of ZEAL, and wish him the best for the future.”
Sönke Martens has been part of the ZEAL Group since 2014. He held various management positions, initially as Head of Product, later as Managing Director responsible for the operational business and, among other things, shaped the multi-brand strategy following the LOTTO24 takeover. Since July 2021 he serves as member of the Executive Board of ZEAL. In his role he was responsible for product management, marketing and customer operations, data science, as well as the German LOTTO24 business and ZEAL Iberia.
Elys Game Technology Bets Big on U.S. Market with Third Location
Elys Game Technology Corp. is a growing sports betting and iGaming platform globally in regulated B2B and B2C markets. In particular, the online gaming platform has achieved success in the robust Italian market in part by bringing sports betting to small business venues, and it is now aggressively expanding across North America and setting up new trends in the evolving U.S. sports betting landscape.
The small business sportsbook model could provide Elys with the leverage to be a significant challenger to more established players like DraftKings, FanDuel, and BetMGM.
Whenever a new company enters a market, it’s important for investors to look at its competitive advantages. These advantages are what will attract customers and help the company win market share away from its competitors. In Elys’ case, it has two key advantages.
Advantage 1: Small Business Sportsbooks
Elys Game Technology offers a convenient way for small businesses to offer cost-effective sports gambling to their most loyal customers.
This model has already proved successful at Elys’ first U.S. location – Grand Central Sportsbook in Washington D.C. The company reports that the location has been a significant revenue driver for the company, averaging $67,500 per month in Gross Gaming Revenue (GGR) for the operator, which is approximately 700% above initial expectations. Its success has also encouraged Elys to open two more locations in D.C.
While major companies like DraftKings and FanDuel are spending hundreds of millions to dominate the national conversion, Elys is winning customer loyalty by going local.
Advantage 2: The “Best Odds” Model
Elys Game Technology has also won favor among bettors due to its unique “best odds” approach. The “best odds” model is an odds-making strategy aimed at attracting and retaining clients by providing the most competitive odds on various sporting events. This approach prioritizes long-term customer loyalty over short-term market share growth. It is another example of how Elys is going against the grain of the industry.
Most major players in the industry have won market share by spending millions on marketing campaigns and offering steep customer promotions. But, while promos might drive short-term signups, they do not always lead to long-term customer loyalty.
If Elys Game Technology’s “best odds” model proves to offer a better customer experience, then it could help the company dethrone larger competitors as America’s preferred sports betting platform.
Sports Betting in the US
In 2018, the Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA). This paved the way for each state to determine its own sports betting laws. Since then, legal sports betting has taken off in the US.
30 states have already legalized sports betting in some capacity. Revenue from legalized online sports betting is projected to hit $7.62 billion this year, according to Statista.
By 2027, this market is expected to reach $31.09 billion, growing at a compounded annual growth rate (CAGR) of 12.89% over 2023-2027.
Statista estimates that just under 50 million Americans will participate in sports gambling by 2027, roughly 19% of the adult population.
To understand the popularity of sports betting in the US, investors should look no further than the success of the National Football League (NFL). The NFL Championship – the Super Bowl – routinely draws in around 100 million viewers. And, of the 50 most valuable sports franchises in the world, 30 are NFL teams.
Sports betting will likely continue to grow in America, thanks in large part to the popularity of the NFL. As sports betting becomes more mainstream, providers like Elys, with their extensive experience in the industry, appear well positioned to join in the success.
Elys Game Technology U.S. Expansion Plans
Elys Game Technology recently announced plans to expand its footprint in Washington D.C. by adding a third location on H Street. This new location will build on the success of Elys’ other two D.C. locations: Grand Central Sportsbook and the Cloakroom Gentlemen’s Club Over Under Sportsbook Lounge.
Elys plans to use this D.C. base to expand sequentially into the following states:
Once it has established a foothold in local bars/restaurants, Elys will have plenty of room to expand its offering outside of just sports betting. This is because it offers a full suite of omnichannel leisure gaming products and services including online casino and slot games, poker, bingo, lottery, and more interactive gambling games.
National Lottery Heritage Fund Supports Dean Heritage Centre
A collaborative project involving University of Gloucestershire, the Dean Heritage Centre and local volunteers and schools to establish a unique literary collection, has been awarded £133,8867 by the National Lottery Heritage Fund.
The literary papers of past Forest of Dean writers will be conserved and made available to researchers, schools and the public.
The new project will bring together a unique collection of material spanning more than 200 years, some written in local dialect, that reflects the landscape, people and places of the Forest of Dean.
The Forest of Dean Writers Collection will complement Dean Heritage Centre’s archive of British television playwright Dennis Potter (1935-1994), which was also the product of previous work with the University.
The two-year-long project will see the original handwritten manuscripts, including poems, novels, play scripts, notebooks, drawings and photographs held by descendants from all over the UK and the US, become part of the Forest community museum’s permanent collection.
Specialists from University of Gloucestershire will work with museum staff and local volunteers to research and catalogue the more than 400 unique items making up the new collection, while a series of events and exhibitions will showcase the fascinating new material.
Schools will have access to the collection’s literary, historical and dramatic content, to give their cross-curriculum work a local flavour and raise literary aspirations.
Among the unique material making up the new collection are previously unknown poems by “Forest Poetess” Catherine Drew (1784-1867); work by poet, biographer and literary editor Leonard Clark OBE (1905-1981); books once belonging to war-poet FW Harvey (1888-1957; a never-before seen novel by Valerie Grosvenor Myer (1935-2007) better known as an academic and biographer; a memoir by former collier and farmer Fred Boughton (1897-1985) written in Forest dialect with parallel “Queen’s English” translation.
Many of the papers were discovered by Dr Jason Griffiths and Dr Roger Deeks during their research for the University’s “Reading the Forest” project that was launched in 2015 to engage the public with the work, life stories and achievements of writers and poets from the Forest.
Dr Jason Griffiths said: “We’re so thrilled to hear we’ve received this support from the Heritage Fund. Thanks to The National Lottery players, more people will learn about the Forest of Dean’s rich and distinctive literary heritage.
“The work of these authors is of intense local interest, but it is also part of a much wider national body of work that captures the rich texture of this country’s fascinating places and people.”
Dr Roger Deeks said: “The literary heritage of the Forest of Dean is an important part of its wider cultural heritage. Many of these writers overcame economic hardship and class prejudice to achieve what they did. The story of their lives and careers will inspire young Foresters.”
Dean Heritage Centre manager, Mark George, said: “This new collection plays an important part in our plans to diversify the museum’s displays and the new stories we tell about the Forest’s history. It will bring new visitors to the Centre too.”
Nicola Wynn, head of collections at Dean Heritage Centre, said: “This is fantastic news. I am so looking forward to working with this new collection. Alongside our existing Dennis Potter archive, this new material demonstrates the incredible depth of creative talent that has come out of the Forest of Dean over the years.
“Engaging young people with this work could create a whole new generation of Forest writers and poets.”
- 2rbo Affiliates Shortlisted for Best Newcomer at iGB Affiliate Awards 2024
- Hacksaw Gaming Debuts DraftKings Partnership in New Jersey
- ESA Gaming partners with Novibet for global distribution deal
- ClearStake awarded ISO 27001 certification cementing its position as a trusted financial risk check provider
- ProgressPlay brings forward the future of casino management with revolutionary AI
- Play’n GO launches Play’n GO Music
- BTG’s ‘Christmas Catch’ Slot Hits Evolution Network December 1
- Booming Games’ premium content is now available on 888 Casino in Spain
- From Track to Triumph: Ex-Professional Runner Lauren Fleshman’s Good For A Girl Wins Best Sports Book of 2023
- Stakelogic Live Receives License to Enter the Greek Market
- Yggdrasil fires up festive fun with Rock Star Santa MultiMax™
- Global Video Games Market Report, 2022 and 2023-2030: With “Speed Being the King” in Gaming, Growing Fiber to Home (FTTH) Connections Bolster Growth
- Kambi Group plc’s Executive Management increases shareholding by exercise of share options
- Outstanding talent’ underpins iGB Affiliate Award shortlist
- Bacta Convention welcomes ‘brighter future’ speech from UK Gambling Minister
Recent Slot Releases3 weeks ago
Unearth an eruption of treasure in 3 Oaks Gaming’s Grab More Gold!
Africa4 weeks ago
Nigerian FG Proposes Introduction of Tax Scheme on Sports Betting
Africa4 weeks ago
Shape Games Establishes Presence in Africa with SunBet Partnership
Australia4 weeks ago
SBS to Let Streaming Viewers Block Gambling, Alcohol and Fast-food Ads
Malta4 weeks ago
Bragg is attending the SiGMA Europe, Malta 2023
Compliance Updates4 weeks ago
Ukraine’s Evolving Gambling Landscape: Insights from the Panel of European Gaming Congress in Warsaw
partnerships2 weeks ago
William Hill chooses Dizplai to add real-time score updates and odds to its Betting TV service for in-store and online customers
Africa3 weeks ago
EGT Installs its Gaming Equipments at Grand Palace Casino in Cameroon