Author: ad11min

Maryland Regulator Gives Eldorado-Caesars Merger the Go-Ahead

Regulators in one more state have blessed the proposed $17.3 billion marriage between casino operators Eldorado Resorts and Caesars Entertainment Corp., news emerged.

The Maryland State Lottery & Gaming Control Agency approved on Thursday Eldorado’s pending takeover of its larger rival Caesars.

The Maryland approval arrived just a day after Eldorado CEO Tom Reeg told investors that he could “see the finish line” on the tie-up and that he anticipates the deal to close early in the second quarter of the year.

The transaction required approval from the Maryland gambling regulator because Caesars operates the Horseshoe Casino Baltimore property in that state. Eldorado and Caesars’ combination is subject to approval from the regulatory bodies of all states where the two companies operate casinos in. The deal also needs approval from the Federal Trade Commission.

The Maryland State Lottery & Gaming Control Agency was the latest regulator to give the mega-merger the go-ahead. Over the past several months, Eldorado and Caesars have secured clearance from regulatory bodies in Illinois, Iowa, Louisiana, Mississippi, Missouri, and Pennsylvania.

The two companies need to gain approval from regulators in a total of 17 states in order to be able to close the deal that will create the largest US casino operator.

Deal Enters the Final Stretch

Eldorado’s CEO told investors this week that preparations for the merger progress smoothly and that he expects the combination of his company with Caesars to be a home run for everyone involved.

Mr. Reeg will take over as CEO of the combined entity. The enlarged group will take the Caesars name, but Eldorado will hold a majority stake.

The Eldorado boss also told investors that selling a Caesars property on the Las Vegas Strip would be one of their top priorities once the deal closes. Mr. Reeg noted that any sale agreement would be signed only after the tie-up is finalized and that the sale of a Strip property would likely occur within 12 months after the combination.

In addition to a Strip property, the enlarged casino operator would also need to sell a Lake Tahoe casino.

Mr. Reeg revealed that many Eldorado properties will likely take Caesars brands once the merger closes. He said that Caesars would be the highest-end properties […] but I would expect to see a lot of our assets change into Horseshoe or Harrah’s over time.”

One issue that remains unresolved ahead of the tie-up is who will run the enlarged group’s sports betting operations. Caesars has its own sportsbook brand, while Eldorado has a long-term agreement with British bookmaker William Hill to manage its sportsbooks in states where sports betting is or will become legal.

Mr. Reeg told investors that he does not expect to take them until 2021 to find a solution, but that he would also not expect that to happen “three weeks from now.”

Source: Maryland regulatory body OKs Caesars-Eldorado deal

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Rocky Ford police officer accused of illegally confiscating marijuana is charged with distribution of the drug

A Rocky Ford police officer, accused of illegally confiscating marijuana during an active police investigation, has been criminally charged with distribution of the drug.

Officer James Lopez is charged with distribution of a controlled substance and official misconduct, stemming from a December 2019 incident in southeast Colorado, according to a Colorado Bureau of Investigation news release.

Lopez allegedly confiscated marijuana in the Rocky Ford area and later brought about a pound of marijuana to the residence of an acquaintance, who is not a law officer, and packaged the drug for apparent distribution, the release said.

Read the rest of this story on DenverPost.com.

Harald Neumann resigns as Novomatic CEO

Harald Neumann has resigned from his position as Novomatic CEO.

Moving into the CEO role with the supplier in 2014, Neumann now leaves citing family reasons, with the board having accepted his signature.

He will continue to have supervisory board functions and advise the company on international projects.

Ryszard Presch and Johannes Gratzl will take over the board duties previously held by Neumann.

Novomatic’s Chairman of the supervisory board said: “On behalf of company founder Prof. Johann Graf and the supervisory board of Novomatic, I would like to thank Mr. Neumann for his great commitment as Chairman of the management board over the past six years.

“Mr Neumann made a significant contribution to the successful expansion of the group. His personal wish to resign from his position at the end of the month was granted with regret.”

In its most recent full-year results – reported in April 2019 – Novomatic confirmed a 10% year-on-year rise in revenue for its 2018 fiscal year, to €2.6bn ($2.9bn).

However, EBITDA fell 1% to €555.6m, while Novomatic reported a loss of €154.9m overall.

Will the handling of online stake limits truly be “sensible and evidence-based?”

William Hill has enjoyed a busy few days of news – understandably so given it was the week the operator reported its full-year results for 2019.

It was also indirectly involved with a story involving Mr Green, which was fined £3m ($3.9m) by the Gambling Commission for player safety failings that occurred before William Hill acquired the company.

But within this week of initially negative headlines (a £3m fine and 2% fall in annual revenue are the bottom-line facts), William Hill CEO Ulrik Bengtsson may have offered a significant note of encouragement to the Great British gambling industry.

Speaking with Gambling Insider after the operator announced its results, Bengtsson discussed international diversification and the strength of William Hill’s US performance. Equally however, he offered hope when it came to online stake limits potentially being imposed in the UK.

Asked about potential regulation in the digital sphere, he said: “I think our industry has always had and will always have regulatory challenges. So there’s nothing really new in that context. More specifically, I think we have done a huge amount of work in the last 1-2 years when it comes to protecting customers, whether it’s age verification, source of funds, customer due diligence and the responsible gambling algorithms we have put in place; the consequence of that is proactively reaching out to customers that we do think need help.

“All these things are something you cannot do in a retail environment; you can only do this online. That changes the basis for this conversation. When I was at the House of Lords a couple of weeks ago, my feeling was that there is a real interest in a sensible and evidence-based review of the Gambling Act. These are the sort of considerations that come into that.”

These are certainly telling words coming from one of the industry’s senior leaders. The William Hill CEO sensing a voice of reason is obviously based on something concrete. After all, industry leaders of the past – and indeed Bengtsson’s predecessor Philip Bowcock – have all too often been privy to the opposite reception when greeted by government.

This also ties in with a recent speech given by Tom Watson at ICE London, covered by Gambling Insider at the time. Watson, the former Deputy Leader of the Labour Party and a staunch anti-gambling critic, offered a far more balanced presentation within the confines of the gaming sector’s biggest event on the calendar year. He spoke of working with the sector, rather than against it, and emphasised the progress already made by operators.

Could it be that the industry’s willingness to collaborate is finally being taken into account and genuinely making a difference?

Hopefully – but it is all worth taking with at least a pinch of salt. For, as soon as the anti-gambling brigade starts banging its drum, how will politicians and regulators then react when greeted with lobbying pressure and scrutiny?

As a prime example earlier this year, despite a reasonable approach to its research and investigations, the Gambling Commission did, in the end, decide on a full ban on credit card gambling in the UK; effective from April. Even if industry figures are listened to, then, those in power may well decide to impose the full recommended £2 online stake limit after they’ve heard all the available evidence.

It certainly wouldn’t be a surprise given the current narrative and climate, while the outcome would corroborate another major focus of William Hill’s full-year presentation: diversification away from the UK.

Even with the maturity of the UK market taken into consideration, it was notable just how much better William Hill’s FY results looked if you removed its British-facing performance. Granted, that would be taking the vast majority out of the equation completely, which at this stage is nowhere near even thinking about.

But, with Bengtsson telling Gambling Insider a 50-50 split between UK and international revenue is “not unreasonable” long term, there is a valid threat here for those safeguarding gamblers in the UK.

If a time comes when multinational corporations like William Hill, GVC Holdings, Flutter Entertainment and more can make as much internationally under far less complicated conditions than in the UK itself, what incentive is there to continue prioritising the market as heavily?

The eventual outcome will be a shrinking of the regulated market without a shrinking of player demand. At the risk of repeating myself, where will bettors then turn? Why, to the illegal market, of course.

That underlying reality, though some way off still, is what’s at stake when it comes to reviewing online procedures properly and thoroughly in the UK. If severely punitive online stake limits are imposed, and the situation is handled as chaotically as fixed-odds betting terminals were, we’ll likely witness the timeframe for that underlying reality escalating rather quickly.

That’s exactly why the enthusiasm of the William Hill CEO is so encouraging. “Sensible and evidence-based” are not words we can honestly attribute to how the gambling industry has been treated within the UK in recent years.

Here’s hoping that’s in the process of changing.

Casino Mogul Steve Wynn Splurges $105 Million on Pair of Picassos

A bona fide art connoisseur and collector, disgraced ex-casino boss Steve Wynn recently dug deep into his pocket for a pair of Picasso masterworks, according to a report by the Wall Street Journal.

The two Picasso paintings are from the $450 million art collection of modern and contemporary masterpieces of late New York financier Donald B. Marron.

Mr. Wynn has reportedly paid around $105 million for the pair of paintings, marking the first high-profile purchase from the Marron estate, following news that major galleries Pace, Gagosian, and Acquavella would be selling works from the deceased businessman’s collection.

The two Picasso paintings – Femme au beret et la collerette (Woman with Beret and Collar; 1937) and Femme assise (Jacqueline; 1962) – are among the high points of the art estate of Mr. Marron who passed away this past December at the age of 85.

According to the Wall Street Journal, around $200 million worth of art from the collection has already found its new owners.

When contacted by the Wall Street Journal, representatives for Mr. Wynn did not confirm or deny the reported recent purchase of Picasso art, but told the media outlet that the businessman “frequently buys and sells fine art.”

Got 99 Problems and a Pierced Picasso Was One

It should be noted that 2018 was a turbulent year for Mr. Wynn. A bombshell report by the Wall Street Journal exposed a decades long-pattern of sexual misconduct by the former businessman that unlocked Pandora’s Box of trouble for him and his reputation.

A number of employees at Mr. Wynn-founded Las Vegas-based casino and hospitality giant Wynn Resorts stepped forward to reveal that they were subjected to unwanted sexual advances by the casino mogul and that he coerced them into performing sexual acts on him.

Mr. Wynn has maintained his innocence since the Wall Street Journal report was published, but the multiple allegations against him forced him to leave his posts as CEO and Chairman of Wynn Resorts and cut all his ties with the company.

It was in 2018 again when a piece of Mr. Wynn’s art collection was severely damaged just days before it was supposed to go on auction where it was valued at $70 million.

The unfortunate piece was a Picasso self-portrait, Le Marin. The painting was pierced by a metal extension pole for a wall paint roller and left with a significant whole. Mr. Wynn blamed Christie’s Auction House, which was supposed to handle the sale of the piece, for the damage and was beyond upset.

Le Marin was actually the second Picasso painting to get damaged while in Mr. Wynn’s possession. In 2006, the businessman accidentally put his elbow through the famed artist’s Le Rêve after he had agreed to sell it to hedge-fund manager Steve Cohen for a reported amount of $139 million.

Source: Steve Wynn Pays $105 Million for Pair of Picassos

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WaykiChain(WICC) Successfully Listed on Bittrex Global

On February 26th, 2020, 1AM CET (UTC+1)/ Feb 25, 16PM PST(UTC-8)/ Feb 26, 8AM SGT (UTC+8), WaykiChain (WICC) has announced that its WICC token is now tradable on Bittrex Global, one of the largest, most established, and trusted cryptocurrency exchanges in the world. The listing of WICC on Bittrex Global is the next big move since its listing on Bithumb in December 2019, a major step towards the world and further extends its global market accessibility.

Bittrex Global is an international digital currency exchange established by leading US-based exchange Bittrex. Bittrex is one of the internet’s largest and most active cryptocurrency exchange, managing to attract millions of digital currencies traders from around the world, to its marketplace. Bittrex Global is a reputable platform, boasting reliable performance, uptime, and security. They are also known for their stringent listing process and regulatory compliance.

WaykiChain is a world’s leading blockchain company focused on blockchain’s underlying technology and related Defi ecosystem technology. WaykiChain owns an industry-leading public with high-performance transaction processing capabilities (TPS3300), efficient mechanism of consensus (DPoS + pBFT), and powerful smart contract and a world-leading Defi ecosystem. Until now, WaykiChain has developed nearly 20 countries communities which include America, Britain, France, Germany, Switzerland, Dubai, Turkey and South Korea. And more than 30 WaykiChain Global ambassadors have become WaykiChian’s solid foundation for developing overseas market.

WICC is the fuel for WaykiChain ecosystem, similar to gas on Ethereum. WICC is also used as collateral for the generation of WUSD. Now users can invest HK/US Pre-IPO by using WUSD as their payment, which is provided by Huatong Security.

It’s our pleasure to premiere WaykiChain (WICC) on Bittrex Global, one of the safest and most trusted exchanges in the world,” said WaykiChain team. The listing of WICC is further proved that the advance of WaykiChian’s cutting-edge technology, innovative product and world’s leading team. Getting listed on another premier exchange, not only can enhance WaykiChain’s visibility and credibility to its global community, but also giving token holders the opportunity to realize the value of their investment.

Relax Gaming to Distribute G.Games Content to Partner Operators

Online casino content provider Relax Gaming has just added a new game development studio to the ever-growing list of B2B companies it works with to supply a wide range of titles to its network of operator partners.

Relax Gaming today announced that game developer G.Games has joined its Powered By program for commercially independent partners.

Thanks to a quick, one-time integration, Relax Gaming currently provides operators with access to more than 1,000 casino titles as well as to a growing range of proprietary products, including Poker, Bingo, and online slots.

Relax Gaming delivers the gaming content through its Silver Bullet program for commercially represented partners and Powered By program for commercially independent partners.

Its recent Powered By partnership with G.Games has enabled Relax Gaming to further extend its available offering, while providing G.Games with access to a vast distribution network of operator partners.

G.Games was formed in the fall of 2018 through the merger between London-based game developer and supplier Gamevy and its German counterpart Glück Group. The tie-up has created a games developer and supplier with a broad and rapidly growing portfolio of scratchcards, single-player bingo titles, and Keno.

On A Home-Run

Commenting on their latest high-profile partnership, Relax Gaming Chief Product Officer Simon Hammon said that “G.Games has been on a home-run since it merged” and has been “developing unique content that appeals to a broad range of player demographics and performs well in multiple markets.”

Mr. Hammon went on that Relax Gaming sees great potential in this new partnership and looks forward to providing its customers with G.Games’ titles, while boosting its portfolio with games that will attract new gambling audiences.

G.Games Chief Commercial Officer Helen Walton added that customers have been encouraging her company to complete the Relax Gaming integration for several years now and that it has been very clear to G.Games that “Relax has a magic recipe for making customers happy.”

G.Games has joined a wide network of providers to be working with Relax Gaming via its Powered By program. Last month, the latter company announced that that same program was joined by Spearhead Studios, a newly formed Spain-based studio that last year marked EveryMatrix’s entry into the game development vertical.

Aside from teaming up with new developers, Relax Gaming has also recently secured new partnerships with several iGaming operators. Earlier this month, the provider announced that it has agreed to deliver its proprietary as well as third-party content to Global Gaming’s flagship brand Ninja Casino.

In January, Relax Gaming signed a commercial deal with Finnish gambling monopoly Veikkaus to provide the operator with a wide range of content. The provider thus enhanced its growing client network, while securing its entry into yet another attractive online gambling market.

Source: Relax Gaming signs Powered By deal with G.Games

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Louisiana Senators Pre-File Sports Betting Bills ahead of 2020 Session

Louisiana’s new legislative session is just days away and it seems that lawmakers will take another shot at legalizing sports betting after an unsuccessful attempt last year.

Two State Senators have pre-filed bills calling for the introduction of legal sports betting in Louisiana, it has emerged.

Sen. Cameron Henry has pre-filed Senate Bill 130, while Sen. Kirk Talbot has pre-filed SB 66. Both pieces call for a statewide item in the upcoming 2020 election that would provide Louisiana residents with the opportunity to decide whether to approve or reject the legalization of athletic gambling.

Under the two bills, sports betting would only be permitted in parishes to approve the proposed item after state legislation “providing for the licensing, regulation, and taxation of such activities and operations” is enforced.

Under Louisiana’s Constitution, all new forms of gambling proposed by lawmakers are required to be approved by state residents in parish referendums.

The state’s legislative session is set to convene at noon on March 9. This means that no action on sports betting can be expected prior that day. In addition, even if this year’s push at legalizing sports betting succeeds, first sportsbooks are expected to go live at some point in 2021.

Previous Efforts at Bringing Legal Sports Betting

Several Louisiana lawmakers brought the sports betting issue up for discussion during the 2019 legislative session, but their attempts failed.

A proposal similar to the ones pre-filed by the two State Senators fell through in the Louisiana House Appropriations Committee last year. Committee members voted 15-6 against the piece of legislation, effectively killing any momentum the debate over athletic gambling might have gained during the 2019 legislative session.

The negative vote on the bill came after the Louisiana Casino Trade Association, a trade body representing the state’s casinos, withdrew its support for the proposed legalization of sports betting in the state.

The association’s head, Wade Duty, said at the time that all the amendments loaded onto the piece of legislation made it “untenable” and that lawmakers “have put enough baggage on this plane that it will not get airborne.”

The bill earmarked the majority of fees, fines, and revenue collected from sports betting at the state’s casinos for Louisiana’s cash-strapped Early Child Education programs that support residents that cannot afford child care.

If Louisiana’s effort fails this year, that would place the state well behind neighboring Mississippi and Arkansas and it would keep on losing wagering money to these two states. Mississippi legalized and launched sports betting just a few months after the US Supreme Court struck down a federal ban on the practice.

Arkansas legalized sports betting in late 2018 as part of sweeping gambling expansion effort and first legal wagering operations went live in mid-2019.

Source: La. lawmakers begin latest push for legalized sports betting

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Indiana Gaming Commission Delays Decision on Vigo County Casino

The Indiana Gaming Commission will likely postpone its review of the license application for a casino in Vigo County previously planned to happen at its March 26 meeting, casting more doubt over the future of the $125 million project after the sole license applicant recently got embroiled in a political scandal.

Commission Deputy Director Jenny Reske told local media on Wednesday that the regulator believes it is premature to act on the lone license application amid ongoing investigation into wrongdoing allegedly involving executives with the applicant, casino operator Spectacle Entertainment.

Spectacle is seeking permission to build a $125 million “rocksino” in Terre Haute, Vigo County. The facility would spread over 100,000 square feet and would feature slot machines and table games, sports betting, and a 300-seat entertainment theater, among other amenities. It will be operated by Spectacle’s partner Hard Rock International.

The Scandal

Court papers in a federal case in Virginia emerged last month, revealing that a Maryland-based political consultant had pleaded guilty to illegally directing funds from an Indiana casino operator to a state lawmaker who ran for the US Congress in 2015.

The gaming operator was identified as Company A in court papers, but the Indiana Gaming Commission has confirmed that the company was Centaur Gaming and that the federal case involved executives at that company.

Centaur Gaming sold Indiana’s two racinos in Anderson and Shelbyville to Caesars Entertainment Corp. in a $1.7 billion deal in the fall of 2017. Centaur’s CEO, Rod Ratcliff, and General Counsel, John Keeler, then formed Spectacle.

Spectacle purchased the two Majestic Star riverboat casinos in Gary. A sweeping gambling reform approved last summer enabled Spectacle to use one of the Majestic Star licenses to build a casino resort in Gary. The company had to surrender the other license to the Gaming Commission.

Spectacle then applied for the vacated license, which the Indiana gaming regulator designated for a Terre Haute project.

According to court papers, Charles O’Neil, Vice President of Virginia-based political consultancy firm Strategic Campaign Group, had pleaded guilty to conspiracy to make illegal campaign contributions, including $15,000 in corporate funds from Centaur. Former Indiana Senator Brent Waltz, who ran for the US House of Representatives in 2015, was found to have been the recipient of the illegal funds.

FBI Agent to Help Gaming Commission Determine “Appropriate Next Steps”

After news about the involvement of Spectacle executives emerged, the Indiana Gaming Commission initiated its own probe into the matter. Ms. Reske said Wednesday that they would “be closely watching any developments that occur and consulting with Walt Stowe, a former FBI agent, to determine the appropriate next steps.”

For now, it seems that the Gaming Commission is not likely to rule on Spectacle’s application for the Vigo County casino license and that it is set to postpone further action on the matter until its next meeting in May or June.

Ms. Reske told media that it is imperative to them to ensure that casino host communities are protected and all actions taken by the regulator are in these communities’ best interest. She went on that “ensuring that we have a reasonable time line to discuss and act on a Terre Haute license is among our top priorities.”

Source: No casino license decision before May or June

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F1® Delta Time starts crate sale for official F1® NFTs of race cars, drivers, driver gear and car components

24 February 2020: Animoca Brands is thrilled to announce that the official crate sale for F1® Delta Time starts on 25 February 2020. Users will be able to buy crates containing officially licensed Formula 1® (F1®) non-fungible tokens (NFTs) of drivers, driver gear, and tyres for use in the game F1® Delta Time. See www.F1DeltaTime.com for details of the crate sale.

Crates in F1® Delta Time are ERC-20 tokens and are available in 4 tiers: Common, Rare, Epic, and Legendary. Purchases can be made using cryptocurrencies such as ETH, DAI, OST, USDC, USDT, and others. Players can choose to open their crates, sell them to other players, or hold on to them for future use. Each tier of crates has a limited supply:

  • Common crates: 2,500
  • Rare crates: 2,000
  • Epic crates: 1,500
  • Legendary crates: 500

Each crate contains 5 NFTs, including race cars, drivers, car components, driver gear, or tyres. The contents of crates are random, with cars and drivers being the rarest to obtain.

In F1® Delta Time there are 5 rarity levels for NFTs: Apex, Legendary, Epic, Rare, and Common, with Apex being the most scarce. The rarity levels of the NFTs in each crate are determined based on the tier of the crate:

  • Common crates: 1 Rare and 4 Common NFTs
  • Rare crates: 2 Common and 3 Rare NFTs
  • Epic crates: 3 Common, 1 Rare, and 1 Epic NFTs
  • Legendary crates: 3 Common, 1 Rare, and 1 Legendary NFTs

Crates can randomly contain an item that is one level higher than the tier of the crate – for example, a Rare crate may contain 2 Common, 2 Rare, and 1 Epic NFTs (instead of the normal 2 Common and 3 Rare NFTs).

Prices, discounts, and referrals
Players can enjoy an early bird discount when buying crates in the first week of the sale, until 2 March 2020. The following table shows the prices of crates (US$) during both weeks of the sale:

Period

Common Crate

Rare Crate

Epic Crate

Legendary Crate

25 Feb – 2 Mar

$18

$36

$135

$450

3 Mar – 9 Mar

$20

$40

$150

$500

Players will receive a 5% discount on every 5th crate purchased from the same rarity tier.

After registering an account at www.F1DeltaTime.com, each player will receive a unique referral link, allowing them to earn 2.5% of the value of any crate purchases that happen through their referral links.

Apex “China Edition 2019” cars lucky draw
Players will receive “Car Tickets” for all crate purchases; the number of car tickets players will receive depends on the tier of crate purchased:

  • Common crate: 1 car ticket
  • Rare crate: 2 car tickets
  • Epic crate: 3 car tickets
  • Legendary crate: 5 car tickets

The car tickets give players a chance to win rare unique cars: three of the cars from the “Four Guardians” collection celebrating Chinese New Year will be randomly awarded to three different players after the crate sale. These cars, named “White Tiger”, “Black Tortoise”, and “Vermillion Bird”, are of the highest rarity level: Apex. The first of the Four Guardians cars – “China Edition 2019 Azure Dragon” – was recently sold at auction for 91 ETH.

The Four Guardians Apex cars will be unlocked upon reaching crate purchase milestones, with the first race car being made available once 2,000 crates are sold, the second car after 4,000 crates are sold, and the third after all 6,500 crates are sold.

A lucky draw will be conducted to determine the winner of each car. The more car tickets a player has, the higher the chance to win one of the Four Guardians Apex cars.

Staking car NFTs to generate in-game currency
In F1® Delta Time, cars are NFTs and will have the ability to generate REV through “staking”, with rarer cars generating higher amounts of REV. REV is an ERC-20 token and the primary in-game currency in F1® Delta Time.

When you choose to stake your car, you temporarily transfer ownership to F1® Delta Time and lose the ability to use, race or trade that car, but you will earn REV based on the period of time that your car is staked. More information is available at https://medium.com/@f1deltatime/f1-delta-time-announcing-nft-staking-15f29b7c0b18.

F1® NFT auctions
F1® Delta Time has previously completed auctions of five unique and official Formula 1® NFTs of the Apex rarity level, starting with the landmark “1-1-1” digital car collectible that sold on 28 May 2019 for a record price of 415.9 ether (worth approximately US$113,000 at the time of sale); this was followed by the “Monaco Edition 2019”, “France Edition 2019”, “Japan Edition 2019” and “China Edition 2019 Azure Dragon” which sold for 387.11 ETH in total.

In addition, F1® Delta Time auctioned the first 10 official F1® team cars in the Pole Position Auction held from 28 November to 1 December 2019, which fetched a total of 121.5172 ether (worth approximately US$18,608 at the time of sale). The team cars were all of the Epic rarity level.

F1® Delta Time
F1® Delta Time is a blockchain game licensed by Formula 1®, developed and published by Animoca Brands. The game consists of a collectible component based on NFTs as well as a racing component utilising those NFTs. The collectible component is available now, and the racing component will launch later in 2020. For more information please visit www.F1DeltaTime.com or join the official Discord channel at https://discord.gg/s6wn7dk.

About Animoca Brands

Animoca Brands (ASX: AB1) leverages gamification, blockchain, and artificial intelligence technologies to develop and publish a broad portfolio of mobile products including games such as The Sandbox, Crazy Kings, and Crazy Defense Heroes as well as products based on popular intellectual properties such as Formula 1®, Garfield, Snoopy, Thomas & Friends™, Ever After High and Doraemon. Animoca Brands’ portfolio of blockchain investments and partnerships includes Lucid Sight, Dapper Labs (creators of CryptoKitties), WAX, Harmony, and Decentraland. The Company is based in Hong Kong, Canada, Finland, and Argentina. For more information visit www.animocabrands.com or get updates by following Animoca Brands on Facebook or Twitter.

Contact: [email protected]

The F1 FORMULA 1 logo, F1 logo, FORMULA 1, F1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing BV, a Formula 1 company. All rights reserved.