Gambling in the USA
Gaming Americas Weekly Roundup – July 13-19
Welcome to our weekly roundup of American gambling news again! It was again an eventful week in the USA, despite the still-active virus attack.
Here, we are going through the weekly highlights of the American gambling industry which include the latest news, new partnerships and financial results. Read on and get updated.
Latest News
Boyd Gaming has announced that it will be laying off a number of furloughed employees across the US. The firm has said that due to closures and restrictions caused by the Covid-19 pandemic recovery will be slow.
Hawks Talon Gaming Club, the official NBA 2K League affiliate of Atlanta Hawks, has lost in two games as part of a best-of-three series over Kings Guard Gaming, the official affiliate of Sacramento Kings. The results of each game were 75-71, 63-72 and 60-73.
Partnerships
Digilant, an omnichannel digital advertising services company, has partnered with Tipico, an international provider of sports betting and casino games.
Brazilian sports club Corinthians Paulista has announced Galera.Bet as its new sponsor. The deal will guarantee a total of $7.4 m for the Brazilian soccer team for the next five years. As per the deal, the sports betting brand will appear on the sleeves of the team’s jerseys.
Financial Results
Sportsbooks in Indiana have seen a decrease in revenue last month as most major sports continued on hiatus. The state saw $29.8 million in sports wagers in June, which was down 20.1% from $37.3 million in May.
GAN Limited has updated the market following the publication of Internet gaming and Internet sports betting financial information for the calendar month of June 2020 in New Jersey, by the New Jersey’s Division of Gaming Enforcement. Internet Gaming Win was $84.9 million, Total Internet Sports Wagering Handle was approximately $165.0 million and Internet Sports Wagering Gross Revenue was $12.8 million.
Tax Break
The casinos in Illinois have reopened this month, but they are not paying as much tax to the state as they did before the COVID-19 pandemic, thanks to a change Springfield lawmakers approved quietly.
The casinos were not supposed to see their tax rate cut until a newly approved casino finally opened in Chicago, ramping up competition for the existing facilities outside of the state’s biggest city. But the change made during this spring’s session of the Illinois General Assembly moved up the date when the lower tax structure at existing casinos would take effect to July 1. That turned out to be the same day the casinos across the state reopened.
Analysis of Brazilian Market
In its latest Industry Report “Brazil Betting Focus: LatAm’s Largest Regulated Market in the Making?”, BtoBet analyses the strengths which characterise the Brazilian market.
The report gives detailed information regarding the country’s high mobile connectivity, strong internet penetration, mobile and fixed internet connection speeds and respective year-on-year changes, share of web traffic by device, and in-depth financial inclusion factors.
Compliance
Score Digital Sports Ventures Inc. (theScore Bet), subsidiary of Score Media and Gaming, has received Gaming Laboratories International GLI-33 certification for its mobile sports betting app and the sportsbook player account management platform it plans to deploy in Indiana.
The New Jersey Division of Gaming Enforcement has decided to prohibit betting on table tennis events in Ukraine and any matches involving six named Ukrainian players, after reports of alleged match-fixing.
Louisiana Gov. John Bel Edwards has approved an 8% tax rate on fantasy sports betting. Edwards approved the regulations for fantasy sports betting last month. The competitions for online cash prizes could not begin until the state set the rules and tax rate.
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Angela Bernhard Thomas
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Clark County
Clark County residents can bring a friend for free to next week’s Super Bingo $160,000 tournament at the Plaza Hotel & Casino, May 6-8
Home to downtown Las Vegas’ only bingo room, the Plaza Hotel & Casino is offering Clark County, Nevada residents who register to play in next week’s Super Bingo tournament the opportunity to bring a friend for free.
Happening Monday, May 6 through Wednesday, May 8 in the Plaza’s expansive ballroom, Super Bingo is expected to draw nearly 1,000 people from the local Las Vegas valley and across the country and Canada for the opportunity to win big playing fun-filled games of bingo over two days, with a $50,000 super coverall both days while socializing with like-minded bingo players.
Bingo-only registration is $160 per person, and Clark County residents who register can bring a friend for free. Registration is available online at https://www.plazahotelcasino.com/bingo/super-bingo-registration/. Hotel-and-bingo packages start at $300 for a four-night stay with no resort fee.
All Super Bingo players receive one 6-on paper pack for both days, two daubers, free drinks via an open bar at all sessions, boxed lunch both days, and $10 in free slot play after the first day’s session.
The Plaza’s Bingo room offers six daily bingo sessions at 11 a.m., 1 p.m., 3 p.m., 5 p.m., 7 p.m. and 9 p.m. and is located on the 3rd floor. By parking on the third floor of the Plaza’s self-parking garage, guests have convenient and direct access to the Plaza’s bingo room and parking is validated for bingo players.
Gambling in the USA
Kambi Group plc extends Mohegan partnership with on-property sports betting agreement in Pennsylvania
Kambi Group plc (“Kambi”), the world’s trusted sports betting partner, has agreed a long-term on-property sportsbook partnership with Mohegan to provide its award-winning sportsbook at two retail locations in the state of Pennsylvania.
The partnership will see Mohegan utilise Kambi’s cutting-edge retail sportsbook offering across more than 20 kiosks in sportsbook locations at Mohegan Pennsylvania and Mohegan Pennsylvania at Lehigh Valley Race and Sportsbook.
The deal further strengthens Kambi’s relationship with Mohegan, which already utilises Kambi’s suite of sports betting products at ilani in Washington, as well as online and on-property in the Canadian province of Ontario at Fallsview Casino Resort and Casino Niagara.
Kristian Nylén, Kambi CEO and Co-founder, said: “With several successful partnerships with Mohegan already in place, we are pleased to agree this new partnership as we continue to build on our strong relationship.
“This latest deal further reinforces Kambi’s position as the sportsbook provider of choice for tribes across North America, and we look forward to our ongoing collaboration with Mohegan.”
Tony Carlucci, President & GM of Mohegan Pennsylvania, said: “Mohegan Pennsylvania is excited to continue utilising the same Kambi technology platform that existed under our Kindred partnership, which will help to create a seamless process as the Sportsbook at Mohegan Pennsylvania fully rebrands later this Spring.”
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