Gambling in the USA
Gaming Americas Weekly Roundup – August 10-16
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 new partnerships, financial results and survey results. Read on and get updated.
New Partnership
Uconnect Esports, a US-based esports and gaming sponsorship company that links brands with esports and gaming organisations, signs a deal with esports organisation Cloud9 for promoting collegiate esports and gaming.
As per the deal, Cloud9 will launch a number of campaigns during this fall, such as online community events and experiences. The first of such campaign, Cloud9 LCS community events activation, will bring together 16 flagship collegiate esports and gaming communities across North America.
New Launchings
Ford Models, a modelling agency based in New York, has announced the launch of its new division dedicated to esports and gaming. Ford Models Esports and Gaming will represent talent within the gaming and esports industry alongside working with leagues and stakeholders to assist in the promotion of esports. Names on the initial list of talent include Cavs Legion NBA 2K League player Timothy “oLarry” Anselimo and esports caster Paul “Rabies” Santoro.
ATS Sports Betting, Odds and Bet Tracker app is now available in iOS too. The app offers detailed matchup data with in-depth statistics for every game. The odds screen is updated live with the data from various sportsbooks that cover all the major US sports.
Financial Results
Three casinos in Maryland posted an overall year-on-year increase in revenue in the first full month of reopening following corona-induced lockdown. Live! Casino and Hotel registered $51.5 million in July, a rise of 4.5% from July 2019. Hollywood Casinos amassed $7 million, while Rocky Gap Casino collected $5.5 million.
Horseshoe Baltimore and Ocean Downs Casino generated revenues of $15.8 million and $7.76 million, respectively, as gross gaming revenue (GGR) in the state for July 2020 reached £139.9 million, which is a drop of 6.3% year-on-year.
New Survey
Troy Wyatt, founder of Seattle Entertainment Group, has organised a survey among owners of Native American casinos to figure out how they are tackling the Covid-19 crisis. The participants included 457 tribal chairmen-women and over 230 CEOs of Native American casinos.
The survey shows that a majority of casinos (92%) have implemented the safety procedures for smooth re-opening. Only 6% of Native American casinos still remain closed. Nearly all (97%) said the $8 billion in COVID relief package is not sufficient. Only 3% of respondents are confident of regaining normal mode of functioning by the end of this year.
Compliance
Fandom Sports Media Corp has obtained Curacao Internet Gaming License for the Right of Use Offshore Games of Chance and Wagering through its subsidiary Fandom Esports Curacao N.V. The company will now be able to market, promote and offer their games of chance to all countries except USA, UK, France, Spain, Australia, Netherlands and certain other Dutch affiliated jurisdictions.
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Fanatics Sportsbook Plans To Launch Online Statewide, Open Retail Sportsbooks Serving Kansas City and St. Louis Markets –
Today, Fanatics Betting and Gaming announced that it is partnering with Boyd Gaming Corporation in the state of Missouri.
Under the terms of their multi-year agreement, Fanatics Sportsbook will operate mobile sports betting under Boyd’s sports betting license in Missouri. The companies will open Fanatics-branded retail sportsbooks at Boyd’s Ameristar Casino Hotel Kansas City and Ameristar Casino Resort and Spa St. Charles, located near St. Louis. Fanatics plans to launch its online and retail betting products with the debut of regulated sports wagering in Missouri this December, contingent upon receipt of all required regulatory approvals.
Upon launching this December, sports fans across Missouri will be able to download the Fanatics Sportsbook on iOS and Android and begin their Fanatics experience. Winning Hits Different in Missouri on Fanatics Sportsbook with up to 10% FanCash back on every bet, win or lose; Fair Play
injury protection; and events and experiences that only Fanatics can pull off.
The Fanatics Sportsbook retail locations at the two Ameristar casinos in Missouri will cater to guests looking to enjoy the ultimate sportsbook experience, offering legal betting markets for all major sports including professional and college football, basketball, hockey, baseball, tennis, soccer, golf, MMA, boxing and more. All development and trading of sports betting markets will be done in-house by Fanatics.
For more news and information on the pending launch of legal sports betting in the state of Missouri, follow the Fanatics Sportsbook social channels on X @FanaticsBook and on Instagram @FanaticsSportsbook.
Must be 21+. GAMBLING PROBLEM? CALL 1-800-GAMBLER
The post Fanatics Betting and Gaming, Boyd Gaming Announce Missouri Partnership appeared first on Gaming and Gambling Industry in the Americas.
As a state lawmaker, Zohran Mamdani generally opposed plans to open full-scale casinos in New York City. In June, when he walked past a billboard showing betting markets for the city mayor’s race, he even quipped that “gambling is haram,” an Arabic word meaning forbidden.
But on Wednesday, Mr. Mamdani said that he did not intend to use his newfound political clout as the Democratic mayoral nominee and the race’s front-runner to try to stop the arrival of casinos that are widely considered a fait accompli.
Speaking alongside the leader of a union pushing the gambling expansion, Mr. Mamdani told reporters that while he still had doubts about the casinos backed by corporate giants, he respected the views of state voters who had approved the downstate gambling expansion more than a decade ago.
The post NYC Mayoral Front-runner Zohran Mamdani Says He Won’t Oppose Casino Development appeared first on Gaming and Gambling Industry in the Americas.
According to research from Better Business Bureau (BBB), the illegal online gambling market is nearly four times bigger than the legal online gambling industry; $402 billion to $103 billion (estimates from Researchandmarkets.com and the American Gaming Association, respectively).
The BBB says it has received almost 200 scam reports and more than 10,000 business complaints related to online gambling and gaming since 2022. Some scam reports involved theft, while complaints showed a pattern of unclear terms and consumer misunderstandings. In some cases, consumers lost tens of thousands of dollars.
Here are some common questions with answers from the BBB regarding online gambling:
What red flags should I look out for if using gambling or gaming services?
Big promises around payouts and tempting ads without details are common. Many people aren’t aware the people they are dealing with are in countries overseas. People should also be leery of sweepstakes-style games, payment through cryptocurrency and typos in names.
How can I avoid issues with gambling or gaming companies?
Read your state and provincial laws. There are many different laws for online gambling, depending on where you live.
Check for proper licensure. Even if your state allows gambling, it may have a limited list of allowed websites. Check with your state’s gaming agency to see who is licensed.
Read the fine print. The reality of how winning and withdrawal works may be different than your first impression on a website. Check out the details of a specific service and fully understand how they work before sending them any money.
Even legitimate websites may freeze winnings. There are many reasons why a casino or sportsbook might freeze winnings, even if the money is rightfully yours. Know what actions to take if your account is frozen.
Visit BBB.org to check out a business or register a complaint and BBB.org/ScamTracker to report a scam.
The post Better Business Bureau Reports Increase in Online Gambling Complaints appeared first on Gaming and Gambling Industry in the Americas.
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