Gambling in the USA

Gaming Americas Weekly Roundup – October 12-18

Published

4 years ago

October 20, 2020

Reading Time: 3 minutes

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

A new esports organisation named Equinox Esports has been launched in Oklahoma City. Equinox will own professional teams that span multiple video game titles including VALORANT, League of Legends and Super Smash Bros, among others. Equinox will produce unique in-house content in the form of podcasts, broadcasts, tournaments, video content and articles out of its newly-build 6000 square foot facility in north Oklahoma City.

European Gaming Congress 2024 (Warsaw, Poland)

In accordance with the directives from Nevada Governor Steve Sisolak and the Nevada Gaming Control Board, Caesars Entertainment has resumed gaming operations daily and hospitality operations for weekend stays at Planet Hollywood Resort & Casino on October 8. The reopening was with great celebration.

Win Systems is achieving huge success with its latest GameStar development, the innovative collectable link feature Rising Link. The new game has been in some of the Mexican gaming venues for many weeks now and has captured the interest of players from the very beginning.

Little River Casino Resort in Manistee, Michigan has been named a possible coronavirus exposure site by the health officials. Anyone who visited the Casino between October 2 and October 4 is asked to self-monitor for COVID-19 symptoms for 14 days from the possible exposure date, according to a news release issued by the District Health Department No. 10, which covers 10 Northern Michigan counties including Manistee.

Mohegan Gaming & Entertainment has announced a major expansion project for its ilani Casino Resort. In partnership with the Cowlitz Tribe, Howard S. Wright, and Friedmutter Group, ilani will feature additions to its exterior and interior designs.

The PGA TOUR has announced that BetMGM will provide betting odds for all four rounds of THE CJ CUP @ SHADOW CREEK in Las Vegas, October 15-18 on the Golf Channel.

New Partnerships

InterDigital, a mobile and video technology research and development company, has announced that it will partner with global innovation and accelerator platform Plug and Play to serve as anchor member for the platform’s Media & Advertising programme. The partnership will also see InterDigital and Plug and Play work towards developing a new gaming vertical within the next year.

InterDigital has announced a new initiative with cloud-gaming specialist Blacknut to develop technologies that will enhance the performance of the existing gaming technology. The new collaboration will leverage InterDigital’s extensive technology expertise alongside Blacknut’s unique knowledge of cloud gaming services.

New Acquisition

Twin River Worldwide Holdings has purchased the iconic Bally’s brand from Caesars Entertainment Inc. Hedge-fund investor Soo Kim, co-founder of Standard General, which owns a 39% stake in Twin River, paid Caesars $20m for the purchase.

New Appointment

Rush Street Interactive has announced the appointment of Kyle Sauers as its new Chief Financial Officer, effective by October 23. He will be based in Chicago and report to Greg Carlin, RSI’s Chief Executive Officer. He will be responsible for all of the Company’s financial and treasury functions, as well as investor relations.

Compliance

Greek gambling regulator Hellenic Gaming Commission has selected Mohegan Gaming & Entertainment to develop the first integrated resort and casino in Greece. The winning bid from MGE, submitted in partnership with GEK TERNA, proposes a state-of-the-art development plan, INSPIRE Athens, that includes a luxury hotel, premier entertainment venues, convention centre, shopping, dining, casino and a comprehensive mix of premium amenities.

Michigan Gaming Control Board has granted a Provisional Internet Gaming Supplier License to Spin Games LLC. The license will enable Spin to deploy its proprietary and third-party i-Gaming content built upon the ROC Remote Gaming Server platform across Michigan’s licensed casino operator online sites once internet gaming goes live.

Detroit casinos

Detroit Casinos Report $101.98M in September Revenue

Published

4 days ago

October 11, 2024

GamingAmericas.com

detroit-casinos-report-$101.98m-in-september-revenue

The three Detroit casinos reported $101.98 million in monthly aggregate revenue (AGR) for the month of September 2024, of which $101.23 million was generated from table games and slots, and $755,519 from retail sports betting.

The September market shares were:

• MGM, 47%

• MotorCity, 31%

• Hollywood Casino at Greektown, 22%

Monthly Table Games, Slot Revenue, and Taxes

The casinos’ revenue for table games and slots for the month of September 2024 increased 1.2% when compared to the same month last year. September’s monthly revenue was 8.6% lower when compared to the previous month, August 2024. From Jan. 1 through Sept. 30, the Detroit casinos’ table games and slots revenue increased by 1.0% compared to the same period last year.

The casinos’ monthly gaming revenue results were mixed compared to September 2023:

• MGM, up 6.6% to $47.68 million

• MotorCity, up 0.5% to $31.17 million

• Hollywood Casino at Greektown, down 7.8% to $22.38 million

In September 2024, the three Detroit casinos paid $8.2 million in gaming taxes to the State of Michigan. They paid $8.1 million for the same month last year. The casinos also reported submitting $12.5 million in wagering taxes and development agreement payments to the City of Detroit in September.

Monthly Retail Sports Betting Revenue and Taxes

The three Detroit casinos reported $22.02 million in total retail sports betting handle, and total gross receipts were $771,751 for the month of September. Retail sports betting qualified adjusted gross receipts (QAGR) were down by 52.0% in September when compared to September 2023, and down by 55.4% when compared to August 2024.

September QAGR by casino was:

• MGM: $601,794

• MotorCity: $11,817

• Hollywood Casino at Greektown: $141,908

During September, the casinos paid $28,559 in gaming taxes to the state and reported submitting $34,905 in wagering taxes to the City of Detroit based on their retail sports betting revenue.

Fantasy Contests

For August 2024, fantasy contest operators reported total adjusted revenues of $613,448 and paid taxes of $51,530.

Gambling in the USA

Gaming Americas Weekly Roundup – September 30-October 6

Published

1 week ago

October 7, 2024

Niji Narayan

gaming-americas-weekly-roundup-–-september-30-october-6

Reading Time: 2 minutes

Welcome to our weekly roundup of American gambling news again! Here, we are going through the weekly highlights of the American gambling industry which include the latest news and new partnerships. Read on and get updated.

Latest News

Jackpot Digital, a leading manufacturer of electronic multiplayer dealerless poker tables, announced that it has received approval from the Saskatchewan Liquor and Gaming Authority (SLGA) to act as a registered supplier of gaming supplies and services to regulated casinos in the Canadian province of Saskatchewan. The approval follows the Company’s news release dated February 6, 2024, announcing the signing of a licensing agreement with the Saskatchewan Indian Gaming Authority to install the Company’s Jackpot Blitz dealerless poker ETGs into SIGA casinos.

Underdog Fantasy, one the fastest-growing sports gaming and media companies in the US, was recognised as the number 15 company on LinkedIn’s 2024 Top Startups list in the US, alongside startups recognised for employment growth, engagement, job interest and attraction of top talent. This marks the second consecutive year Underdog has made LinkedIn’s top startups list. Underdog is the only sports gaming company to make the list in 2024, and is the only sports gaming company to make LinkedIn’s list since Underdog’s founding in 2020.

FireKeepers Casino Hotel announced the opening of the Aristocrat Gaming Lounge, a cutting-edge gaming area showcasing some of the most popular slot games by Aristocrat Gaming. The lounge is conveniently located near to the hotel lobby, offering easy access for guests. The Aristocrat Gaming Lounge houses 32 popular game titles by Aristocrat Gaming including fan favourites like Dragon Link, Buffalo, Mo’ Mummy, Whisker Wheels and more.

NIGC Compliance Officer Jo’Elle Thompson was inducted into the Emerging Leaders of Gaming (ELG) “40 Under 40” Class of 2025. The ELG “40 Under 40,” designed by The Innovation Group (TIG) in collaboration with Global Gaming Business magazine, recognises the significant contributions that gaming professionals under the age of 40 have made to the casino gaming industry. Recipients of this award are not only being honoured for their achievements, but also paving the way for the next generation of innovators and leaders in the gaming industry.

Partnerships

Fanatics Betting and Gaming has integrated a range of White Hat Studios’ award-winning games into the new online Fanatics Casino for customers in Michigan and Pennsylvania. Known for bringing branded entertainment to life, White Hat Studios will offer Fanatics Casino players access to popular slots, including the hit titles Goonies Hey You Guys and Ted Cashlock. Each title offers engaging gameplay and immersive visuals that connect players with their favourite brands.

Slotomania, the free-to-play slots game from Playtika, has announced an extended collaboration with the hit game show “Let’s Make a Deal”. From October 1 to 24, Slotomania will sponsor The Big Deal of the Day round on “Let’s Make a Deal,” offering lucky contestants the chance to win big with even more exciting prizes in the ultimate showdown of chance, luck and fun.

Pavilion Payments, the leading omnichannel payments provider exclusively serving the gaming industry, has announced a strategic partnership with betPARX. This partnership will integrate Pavilion Payments’ cutting-edge Real-Time Payments (RTP) solution—fully supporting FedNow and RTP networks—into betPARX’s platform, revolutionising the payout experience for patrons by enabling instant access to their winnings.

The post Gaming Americas Weekly Roundup – September 30-October 6 appeared first on European Gaming Industry News.

Gambling in the USA

Zula Casino Kicks Off its Spectacular 1-Year “Zula-versary” with a Month of Events and Promotions

Published

2 weeks ago

October 2, 2024

GamingAmericas.com

zula-casino-kicks-off-its-spectacular-1-year-“zula-versary”-with-a-month-of-events-and-promotions

Zula Casino launched its online social casino in the US exactly a year ago delivering more. More games. More rewards. More free-to-play entertainment through a personalized experience. Zula Casino marked its one-year launch by crossing the 1000 casino-game threshold – a milestone that positions it among the top platforms nationwide.

The month-long birthday bash intends to go over the top to give back to its amazing player community that helped make this first year so incredible. With its advent calendar format, players can unlock a special surprise each day ranging from a “Win-a-Vacation” event, a carnival event, free spins and new exclusive games, and a prize pool of over 25 billion Gold Coins (GC) plus 150,000 Sweeps Coins (SC) to be given out throughout the month. Over this period, Zula Casino will run other special events, including surprise happy hours with special coupons, various social media contests, and special giveaways.

“We’re incredibly proud of the player experience we’ve built over the last 12 months. The platform has garnered a substantial and loyal pool of players, and it’s not just because we offer one of the largest game selections from leading global providers, but also the exclusive experiences we’re providing, and the platform’s continued evolution with enhanced promotions, personalization, and seamless user experience,” said Tamar Laypan, Program Manager of Zula Casino.

Zula Casino has added over 1000 games across all categories over the past 12 months, including slots, jackpots, fish, table, plinko, megaways, crash, hold and win, tumble games, and more. These additions include top games like Big Bass Vegas and Fire Stampede, as well as branded exclusives like Gold Gold Gold 5000, supplied by Booming Games, and Sweet Bonanza 1000 by Pragmatic Play. With recent additions, Zula Casino now boasts 25 game providers, including Relax Gaming, Habanero, Evoplay, Pragmatic Play, RubyPlay, Gamzix, Let Us Entertain You Inc., to name a few.

Zula Casino flourished in a tough and highly competitive market, launching its proprietary-integrated platform in September of last year. With an average TrustPilot score of 4.6 and almost 9K reviews, the online social casino is among the highest-rated free-to-play sites in the market.

Zula Casino was also previously shortlisted for the prestigious Global SBC Awards in the category of “Rising Star in Casino”.