Gambling in the USA
Gaming Americas Weekly Roundup – September 13-19
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, new partnerships and new appointments. Read on and get updated.
Latest News
Catena Media has further strengthened its North American operations by acquiring online sports betting and casino affiliation assets from i15 Media. The total purchase price is USD 45 million, of which USD 12.5 million will be paid with 2,207,357 new Catena Media shares.
Caesars, in partnership with Arizona Diamondbacks, celebrated sports betting legalisation in the state of Arizona with a kickoff event featuring dignitaries and celebrities, a charitable donation of $20,000 to the Arizona Diamondbacks Foundation, a ceremonial first bet and more.
Esports Entertainment Group has opened a new office in Hoboken, New Jersey. In addition to the new office, the Company is also expanding its US workforce and has named CFO Dan Marks as Head of Office.
Caesars Entertainment announced that it priced an offering of $1.2bn aggregate principal amount of its 4.625% Senior Notes due 2029 at par. The sale of the Notes is expected to be consummated on or about 24 September 2021, subject to customary closing conditions.
JCM Global has installed its GEN5 Thermal Printer on all 1752 slot machines at del Lago Resort & Casino in Waterloo, New York.
The Dumfries Planning Commission has approved a request from Colonial Downs Group to build a gaming property in the City.
International Game Technology has announced that the company is extending its momentum in cashless gaming technology deployments to Oklahoma. Indigo Sky Casino in Wyandotte is the latest casino to join the cashless gaming revolution by way of a multi-year agreement with IGT and a phased rollout of the Resort Wallet and IGTPay modules of the IGT ADVANTAGE casino management system.
New Partnerships
Tipico Sportsbook has signed a 10-year deal with Caesars Entertainment. The deal includes a 10-year renewal term and provides Tipico with immediate access to launch an online sportsbook in Indiana and Iowa, pending licensing and approvals.
Comtrade Gaming has entered into a partnership with G3 Esports. Under the agreement, Comtrade will provide its iGaming platform – both iCore and backend technology – to G3’s upcoming betting product for gamers.
Passport Technology, a global leader of payment technology for the gaming industry, has entered into a partnership with Angel Of The Winds Casino Resort. This multi-year deal involves the payments technologies company supplying advanced casino payments, marketing and cage automation solutions.
Online gaming operator PointsBet and Major League Soccer club Austin FC announced a new agreement granting PointsBet rights as a proud Founding Partner of Austin FC.
WynnBET has signed a deal with the NFL’s New York Jets to become its official sports betting partner.
Financial Results
Gaming Realms has reported its H1 interim results for the six months ending 30 June 2021. Total revenue grew 50% in H1 2021 to £7.7m from £5.2m in the same period of 2020.
Loto-Québec has published its financial results for the first quarter of the 2021–2022 fiscal year. For Q1 FY2021-22, Loto-Québec generated total revenues of $401.3m, up $243.9m (+154.9%) compared to the same period last year.
New Appointment
PointsBet has appointed Canadian digital media leader Dale Fallon as Senior Director of Product.
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