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GiG Teams up with Casumo Subsidiary to Power Pay N Play Casino

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Following the casino service industry enterprise license received by GiG yesterday, the company signed a two-year deal with Casumo subsidiary Mill of Magic to power the Pay N Play brand.

Casumo-Owned Pay and Play Casino Will Be Powered by GiG

The iGaming technology solutions giant GiG announced today a new partnership with the Casumo subsidiary Mill of Magic Ltd. Under the partnership, GiG will make its platform available to Mill of Magic, GiG Logic solution and data platform. GiG will power the new Pay N Play casino by Mill of Magic. The casino will be operating with a license from the Malta Gaming Authority (MGA). The duration of the current contract is set for a minimum of 2 years. The launch of the Pay N Play casino is expected in Q4, 2020. This means that GiG will start receiving revenue dividends from 2021 onwards.

Casumo CEO, Shelly Suter-Hadad expressed high hopes for the partnership. She said that the company is thrilled to expand its partnership with GiG aiming at the launch of the new Pay N Play casino. According to Suter-Hadad, the new partnership will diversify the company’s offering which will allow new ways for economic growth. In conclusion, she said that the two companies are working towards: “…bringing another distinctive brand and strong product to market later this year.

GiG Keeps Focus on Growth

Here is what GiG CEO, Richard Brown said about the new partnership: “We are very pleased to continue our partnership with the Casumo group by signing them onto our platform for a new brand launch.” He continued by outlining that GiG have worked for several years with a sister brand – Dunder. Brown continued by saying that he is sure that the new partnership will bring success in the Pay N Play market. In conclusion, he said that GiG is pleased to be a part of the project.

GiG was founded back in 2012, but the company’s vision for the future hasn’t changed much. Aiming at opening the iGaming market and making it fair and fun for everyone is GiG’s main goal. Looking back a few years, in 2018, GiG entered the New Jersey market under a transactional waiver. Back then, the company provided the giant Hard Rock International (HRI) with its sportsbook and casino platform. This partnership was later strengthened in 2019. Back then HRI and GiG signed an agreement which allowed the sportsbook and casino platform by GiG to launch for HRI customers in Iowa.

Although GiG was operating under a transactional waiver in New Jersey, the company applied for a license back in 2018. As a result, yesterday, GiG’s subsidiary, iGaming Cloud received a 5-year casino service industry enterprise license (CSIE) in New Jersey. The license, granted by the Division of Gaming Enforcement (DGE) confirms that GiG is officially allowed to operate in the Garden State.

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State Urges Man To Apply For Gig Worker Unemployment After Penalty Weeks Hold Up His Benefits For Months – CBS Chicago

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CHICAGO (CBS) — A possible solution has emerged for an unemployment benefits problem we have been reporting on for months.

A man still serving unemployment penalty weeks said he got a call that could mean he will be getting money from the state soon. The call came days after CBS 2 Political Investigator Dana Kozlov’s reporting.

Two business days after Ken Scott’s story aired, he heard from an Illinois Department of Employment Security employee telling him to apply not for regular unemployment benefits, but for benefits earmarked for independent contractors and business owners.

But an independent contractor he is not.

“Makes no sense to me,” Scott said. “I just got the call right out of the blue.”

It’s a call that could put thousands of dollars into Scott’s pockets and help him pay his bills. But it has left him confused too – the call was from an IDES employee telling Scott to apply for Pandemic Unemployment Assistance, or PUA, and he would get benefits dating back to March 1.

But Scott is still serving out 24 unemployment penalty weeks for a $143 overpayment two years ago.

So how is that possible?

“He said that the penalties have to keep going, but this is a way to alleviate some of the pressure,” Scott said.

The financial pressure of the result of months of Scott having no income because of those so-called penalty weeks. But PUA benefits are meant for independent contractors and so-called gig workers, of which Ken Scott is neither.

“I did ask him – is this something handed down for people going through this with penalties?” Scott said, “I never got an answer.”

Scott’s call came four days after we first introduced viewers to him and his personal struggle. That same week, state Sen. Celina Villanueva (D-Summit) sent Gov. JB Pritzker a letter asking for an immediate revision to the penalty week law during the pandemic to help thousands of people like Scott.

Villanueva said she knows the governor got her letter, but has heard nothing else. And Scott’s potential good news is still peppered with frustration.

“When I tried to put in going back to March 1 like he instructed, it kicked me out,” Scott said.

Scott will now have to deal with the IDES callback system, and some have had to wait weeks or more than a month to get a call back.

 

Kozlov sent IDES spokeswoman Rebecca Cisco two emails Tuesday asking if this change to apply for PUA benefits is just for Scott, or if they are making a change to the penalty week law statewide.

As to Villanueva’s letter to Pritzker, Kozlov reached out to the Governor’s office last week and again on Tuesday to get Pritzker’s reaction to the senator’s letter and ask if he was considering making changes. There had been no response as of early Tuesday evening.

There is a new acting IDES director, and it is possible she is making some changes, But until we get answers from those who are supposed to provide them, we won’t know for sure.

Several other states reportedly have issues with penalty weeks holding up benefits. New York and California have changed their laws, but so far as we know, Illinois won’t budge.

CBS 2 is committing to Working For Chicago, connecting you every day with the information you or a loved one might need about the jobs market, and helping you remove roadblocks to getting back to work.

We’ll keep uncovering information every day to help this community get back to work, until the job crisis passes. CBS 2 has several helpful items right here on our website, including a look at specific companies that are hiring, and information from the state about the best way to get through to file for unemployment benefits in the meantime.

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Can Patreon and Twitch Drive the New Gig Economy? – OZY

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WHY YOU SHOULD CARE

The pandemic is giving rise to a freelance model driven by platforms geared toward remote working and for a generation that’s digital first.

  • Amid the unemployment crisis, platforms that enable self-employed workers to charge subscriptions for their content are having a surge in sign-ups.
  • From journalists to bookkeepers, IT engineers to porn actors, these platforms could be the future of the gig economy.

In an episode of the Netflix original series Love, Bertie Bauer, played by Claudia O’Doherty signs up for Tinder after a rocky breakup. She asks her roommate Mickey Dobbs (Gillian Jacobs): “What does it mean when someone says they’re a project manager?” Mickey responds: “They’re unemployed.”

While pop culture has often equated self-employment with unemployment, freelance work is a reality for a growing number of Americans. A 2017 survey by Edelman Intelligence concluded that a majority of Americans — especially those living in urban areas — would be freelancers by 2027. Now the coronavirus pandemic is giving rise to a freelance model driven by a set of platforms geared for remote working and for a generation that’s digital first.

Patreon is a subscription-based platform popular among creators, from musicians to printmakers, who want to sell and distribute their work. In just the first three weeks of the pandemic, as job losses battered America’s workforce, it added 30,000 sign-ups.

Substack, a platform that allows writers to build and distribute customized subscription-based newsletters, saw a 49 percent increase in sign-ups in March, as newsrooms across the country laid off journalists. Well-known writers, including former The New Republic climate science writer Emily Atkin, ThinkProgress founder Judd Legum and Matt Taibbi, a former Rolling Stone contributor, have turned to the platform. Some writers on Substack make six figures — the average salary for a staff reporter in the U.S. is $46,270, according to the Bureau of Labor Statistics.

If the pandemic continues there is a high probability that more and more people will use these platforms in full-time capacities.

Chris Stanton, Harvard Business School

Upwork, which connects employers with gig workers for tasks ranging from a six-month UX design project to a weeklong bookkeeping stint, boasted a 19 percent growth in revenue in the second quarter and 21 percent in the first quarter. 

“Freelancing takes a lot of hustle. There is a freedom that comes with it as well,” says Carol Wolper, author of Adapt or Wait Tables: A Freelancer’s Guide. “People must adapt to this moment.… In the freelance world, to be successful you’ve always had to bring something to the table that no one else can.”

The reality of course is far from idyllic, especially for the millions of workers who don’t have a choice but to seek freelance work. In the past six months, companies ranging from Uber to NBCUniversal to Boeing have laid off employees, as industry after industry has been decimated. The United States is in the middle of its largest economic downturn since the Great Depression.

Week-over-week, unemployment numbers continue to rise as furloughs turn into layoffs and then the cycle repeats itself. “The idea that there will be a V-shaped recovery is looking less and less plausible,” says Chris Stanton, an associate professor of business administration at Harvard Business School. Until now, the platforms seeing monumental growth in sign-ups for self-employed gigs have often been used for supplemental income, he explains. The current crisis could change that. “If the pandemic continues there is a high probability that more and more people will use these platforms in full-time capacities,” Stanton says. 

That’s why platforms like Twitch are also on the rise. The world’s largest livestreaming platform has historically been home to gamers. That has expanded across several industries, with everything from yoga classes to cooking shows filmed at temporarily shuttered restaurants. Sponsored content on Twitch grew 89 percent in the first two months of the pandemic.

Twitch has partnered with Bandsintown, a platform that connects musicians, fans and brands, to help elevate emerging artists at a time when performances in bars and clubs are not an option. OnlyFans, a London-based content subscription platform used principally for pornographic content, has seen a 75 percent month-over-month increase in users since the start of the pandemic, offering a lifeline to an industry brought to a halt because of social distancing norms.

In some ways, this explosion of growth is in keeping with a shift toward freelancing that’s been evident for a few years, says Trevor Blake, author of Secrets to a Successful Startup: A Recession-Proof Guide to Starting, Surviving & Thriving in Your Own Venture. “But the pandemic [has] clearly accelerated the process.” He expects to see more independent contractors performing roles ranging from HR to IT for businesses. How all of this shapes the future of the American workforce remains an open question. But as the economy shifts toward freelance work driven by these 21st-century platforms, the stigmatization of self-employed workers could soon be a thing of the past.



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Gig Based Business Market Overview Along With Company Profiles Product Data- TaskRabbit Guru Rover HopSkipDrive Freelancer Fiverr Favor Delivery Upwork DoorDash BellHops Turo,,,,, etc

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The report titled “Gig Based Business Market: Size, Trends and Forecasts (2020-2027)”, delivers an in-depth analysis of the Gig Based Business Industry by considering there type, application, market value, by production capacity, by companies, by region, etc.

The report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the Gig Based Business industry. Growth of the overall Gig Based Business market has also been forecasted for the period 2020-2027, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

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The research report segments the market from a relevancy perspective into the below segments and sub-segments with the quantitative analysis done from 2017 to 2027 considering 2019 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment and sub-segment is calculated for the forecast period from 2019 to 2027 to provide a reference for growth potential.

 

The major players profiled in this report include: TaskRabbit Guru Rover HopSkipDrive Freelancer Fiverr Favor Delivery Upwork DoorDash BellHops Turo

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Gig Based Business

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