Roar Digital Headed For New Jersey & Nevada
Last year, GVC Holdings started a process aimed at securing the necessary passports to enter various US states. It now appears as if the group’s commitment towards becoming the world’s most prominent gambling and betting operator is starting to generate the desired results. GVC started off by launching a new betting and casino games digital product named Roar Digital. The brand was created specifically with MGM Resorts International in mind, with whom the British bookie group has a partnership agreement.
Thanks to the Roar Digital product’s association with MGM Resorts International, product owner GVC will going forward be allowed to offer sports betting services to the inhabitants of Nevada, and casino games and sports betting products and services to the people of the state of New Jersey.
Good News All The Way
GVC CEO Kenneth Alexander appears to be over the moon about the two new licenses. Thanks to the recent approvals, Roar Digital will be permitted to offer not only sports betting in Nevada, but also online Poker and sports betting in New Jersey. Alexander said that the news of especially the second approval with regards to the Garden State could not have come at a better time for the online operator. The CEO said that he was exceptionally pleased by and proud of the fact that the group had managed to pass the strict regulatory hurdles upheld by both regulators; but in particular, by the Nevada Gaming Control Board.
Didn’t Come Cheap
A specific condition imposed on the group is a regulatory compliance fee of $100,000, payable to Nevada’s regulator. The funds will be applied to regulatory compliance costs. With that having been said, this is the same group that had last year paid a whopping £3 billion when it acquired the Ladbrokes Coral sports betting and gambling brand, which is one of Britain’s largest bookies next to William Hill.
GVC will also be required to submit its operations to constant scrutiny following the recent controversy surrounding its operations in Turkey. Turkey isn’t regulated, and the group has had to face a lot of rap from regulators all over the world. Keeping things well above board and in line with state regulations will be something that the group as well as its Roar Digital Brand will have to prioritise.