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Gambling in the USA

Gaming Americas Weekly Roundup – August 24-30

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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 new appointments. Read on and get updated.

Latest News

Jair Bolsonaro, the President of Brazil, has signed a decree formally adding sports betting to the country’s Investment Partnership Programme portfolio and national privatisation programme. The decree also hands state-owned bank Banco Nacional de Desenvolvimento Econômico e Social and the Ministry of the Economy control of developing and running a process to select sports betting operators.

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HeadsUp Entertainment International Inc. has announced that it continues to move forward on multiple fronts to build operations and increase shareholder value. On August 18, the Company’s account with OTC Markets was approved for reactivation and associated fees were paid.

Pace-O-Matic of Pennsylvania has released a statement regarding a massive seizure by law enforcement of illegal Video Gaming Terminals (VGTs) from an unregulated mini-casino in Berks County.

New Appointments

Social gaming software provider Golden Matrix Group has appointed gaming industry veteran Aaron Richard Johnston to its board of directors with immediate effect. Mr. Johnston has held senior executive-level positions for the past 20 years with major online gambling companies.

New Partnerships

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Sporttrade, the sports betting startup based in Philadelphia, has partnered with Twin River Worldwide Holdings Inc. The deal will see the launch of Sporttrade’s proprietary sports betting exchange product in New Jersey.

Sports Betting Network VSiN and sports betting platform BetMGM have announced a partnership that includes the launch of the sports betting show “Betting Across America.” The multi-year partnership brings together unmatched industry expertise and insight to create a first-of-its-kind broadcast, providing the most authentic sports betting data and analytics available.

New Launchings

Rush Street Interactive, the developer and supplier of the leading social gaming product CASINO4FUN, has announced the launch of a Social Casino and Social Sportsbook for Coushatta Casino Resort in Louisiana. The Coushatta CASINO4FUN site is powered by RSI’s proprietary iGaming Platform.

ESPN and Caesars Entertainment have launched their new studio at The LINQ Hotel + Experience in Las Vegas. The 6000 square foot facility includes three studios and features 12 cameras, including two exterior robotic cameras. It will operate using ESPN’s REMI production workflow, with 24 transmit and receive paths to ESPN control rooms and technical operations around the country.

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Konami Gaming has reported that its All Aboard video slot series is showing spectacular launch results. The premium linked progressive series has indexed as high as 4× section average.

Awards

Jazz Gaming’s Jelani “Comp” Mitchell has become the 2020 NBA 2K League Coach of the Year through voting by NBA 2K League players, coaches, team managers and media. In his second season as head coach of the Utah Jazz’s NBA 2K League affiliate, Mitchell led Jazz Gaming to a 14-2 record and the No. 2 seed in the 2020 NBA 2K League Playoffs Delivered by DoorDash.

Jamul Casino, one of San Diego’s top destinations for exceptional entertainment, outstanding cuisine and exquisite events, has become the winner in five categories of the San Diego Union-Tribune’s 24th annual Reader’s Poll.

Financial Reports

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The online gambling industry in New Jersey is moving forward with high revenue figures. In July, a gross revenue of $87.49m was registered from online casinos. Borgata Casino and Hard Rock Casino were the only two who registered lower revenue than June and Ocean Resort Casino had the highest percentage increase when compared with the July 2019 revenue.

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Gambling in the USA

Fanatics Betting and Gaming, Boyd Gaming Announce Missouri Partnership

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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.

Fanatics Sportsbook App in Missouri

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.

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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.

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NYC Mayoral Front-runner Zohran Mamdani Says He Won’t Oppose Casino Development

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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.

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Better Business Bureau Reports Increase in Online Gambling Complaints

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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?

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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.

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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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