American gambling industry
Gaming Americas Weekly Roundup – November 23-29
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 acquisitions. Read on and get updated.
Latest News
Caesars Entertainment’s Atlantic City resorts have reached the impressive milestone of distributing one million masks to its employees and customers. During the Harrah’s Resort’s 40th anniversary festivities, Harrah’s longtime customer Angelina Lanza received the one-millionth mask.
The Indiana Gaming Commission is expected to revise its order requiring Caesars Entertainment Inc. to sell the Horseshoe Casino in Hammond by the end of the year. Sara Tait, Executive Director of the Indiana Gaming Commission, said that the commission likely will defer Caesars’ mandatory divestment of the state’s most popular casino for at least one additional year.
The Kansas Lottery has temporarily put a stop to in-person claims due to a rise in Covid-19 cases in the state. Customers who want to claim on a winning ticket will now have to do so by mail. Any prize of over $600 must go through the Lottery’s headquarters. The process requires customers to fill out the back of the lottery ticket, sign it and send it by mail with a printed claims form.
A state agency has launched a one-year study on gambling addiction in Illinois. Results from the report will be used by the Illinois Department of Human Services to help direct future strategies to prevent problem gambling and increase access to treatment and services.
Travis J. Iles, Commissioner of the Texas State Securities Board, has announced a series of enforcement actions against fifteen fraudulent online investment scammers. The enforcement actions highlight a key tactic of fraudulent investment platforms – using the internet and social media to broadly recruit new victims into the schemes.
Partnerships
Golden Matrix Group Inc. has entered into a partnership with Playtech plc. Under terms of their deal, Playtech will have the exclusive rights to distribute GMGI’s newly-developed suite of Esport, peer-to-peer betting games and GMGI’s successful AI player acquisition and retention system throughout Playtech’s extensive global network. Also, Golden Matrix will be granted non-exclusive rights to distribute Playtech’s most popular games through its vast operator network. Playtech gaming software distributed by GMGI will include live dealer games, slots, table games, bingo and poker.
Kindred Group’s Unibet has expanded its comprehensive product offering in Pennsylvania by launching online live dealer tables from Evolution, the leading provider of live casino solutions. Unibet already has a close relation with Evolution in New Jersey and Europe. Unibet will now offer multiple live Blackjack and live Roulette tables in Pennsylvania, with other live games coming later this year.
TransAct Technologies Incorporated has announced that it has been selected by the all-new Circa Resort & Casino in Las Vegas to support the opening of their new gambling floor. Circa has chosen TransAct’s industry-leading Epic 950 and Epic Edge printers for use in all of their 1350 slot machines.
Acquisition
Canadian gaming and esports company GameSquare Esports has signed a Letter of Intent (LOI) to acquire 100% of the issued and outstanding shares in Reciprocity Corp, a privately held gaming and esports company. Under the terms of the LOI, GameSquare Esports will issue 43,750,000 common shares of GameSquare to the shareholders of Reciprocity.
Compliance
Nuvei Technologies Inc., a subsidiary of Nuvei Corporation, has received approval to support the sports betting and iGaming industry in West Virginia. With the approval, the Company will be allowed to operate as an iGaming supplier in compliance with the codes outlined in West Virginia’s Interactive Wagering Act and provide services for sports betting operators under West Virginia’s Sports Wagering Act.
Landcadia Holdings II Inc. has secured regulatory approval from the New Jersey Casino Control Commission to acquire Golden Nugget Online Gaming Inc.
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