Connect with us
MARE BALTICUM Gaming & TECH Summit 2024

Atlantic City

New Jersey Chalks Up Impressive Swell in February Sports Betting Winnings

Published

on

 

The numerous casinos and horseracing tracks in the American state of New Jersey saw their aggregated February winnings from sports betting rise by 10.4% year-on-year to just over $412 million.

The information released by the New Jersey Division of Gaming Enforcement included land-based and online sports betting revenues with winnings from this former activity having increased by 1.2% year-on-year to almost $215 million. However, the same figures showed that only three of the eastern state’s nine casinos encompassing the Borgata Hotel Casino & Spa, the Hard Rock Hotel & Casino Atlantic City and the Ocean Casino Resort won more from in-person sports wagers than they had for the corresponding period in 2019.

The New Jersey regulator explained that local winnings from online sports betting in February had risen by nearly 10% year-on-year to reach $142.5 million largely thanks to interest in Super Bowl LVII. The monthly handle tied to this annual gridiron championship extravaganza totaled $847.4 million with $54.6 million having been left following the payment of winning wagers and other expenses.

“Locally, the addition of two new casino resorts to the established seven has disrupted market share,” Jane Bokunewicz, Director for the Lloyd Levenson Institute at Stockton University, said. “The local market pie has grown but the way that pie is cut has changed, shifting in favor of the newest entrants to the market.”

Advertisement

Breaking the figures down further and the Borgata Hotel Casino & Spa recorded in-person February sports betting revenues of $12.2 million, which equated to a swell of 14.3% year-on-year. This saw the 2,767-room Atlantic City property’s overall win for the 28-day period improve by 8.8% to $57.4 million with its online operation having chalked up a 7.4% rise to take the overall monthly tally to $101.2 million.

For the nearby Hard Rock Hotel & Casino Atlantic City facility and in-person February sports betting revenues grew by less than 1% year-on-year to some $37.5 million with its related combined online and land-based win having dropped by an analogous percentage to approximately $44.4 million. The situation was worse for the 1,400-room Ocean Casino Resort as on-site sports wagering receipts fell by 11.5% to $26.2 million with the merged tally sitting 2.2% down at something like $30.1 million.

Elsewhere and in-person February sports betting revenues for the Caesars Atlantic City facility improved by 1.4% year-on-year to just over $19 million with this tally having improved by less than 1% to hit $19.2 million when Internet and sports wagering monies were included. The Golden Nugget Atlantic City venue similarly won $11.1 million from on-site sports wagering, which equated to an almost 14% decrease, with its co-mingled tally having remained virtually static at $47.8 million.

In-person February sportsbetting revenues for the Harrah’s Atlantic City property improved by 8.1% year-on-year to $21.3 million while the 942-room Resorts Casino Hotel and the 2,300-room Tropicana Casino & Resort Atlantic City experienced slight declines as their finishing on-site tallies came in at $12.6 million and $17.2 million respectively.

Among Internet-only entities and Resorts Digital saw its February online sports betting win reach $48.2 million, which represented a swell of more than 25% year-on-year, while the tally for Caesars Interactive NJ disappointingly decreased by 17.5% to $8.3 million.

Advertisement

Powered by WPeMatico

Continue Reading
Advertisement

Alonso Huiman

Pragmatic Play Launches Live Casino Offer at Atlantic City

Published

on

pragmatic-play-launches-live-casino-offer-at-atlantic-city

 

Pragmatic Play, a leading content supplier to the iGaming industry, has expanded its Live Casino footprint across Peru after going live with major local operator, Atlantic City.

The partnership sees Pragmatic Play’s full Live Casino portfolio integrated with the operator, enabling players in Peru to enjoy market-leading titles such as Blackjack, Roulette, and Baccarat from the supplier’s award-winning portfolio.

This latest agreement showcases Pragmatic Play’s plans for growth in LatAm, exhibiting an array of its verticals across multiple territories in recent months. It is the latest deal signed by Pragmatic Play with a Peruvian operator, following a comprehensive growth strategy in the country.

Victor Arias, Vice President of Latin American Operations at ARRISE powering Pragmatic Play, said: “Atlantic City is one of Peru’s most reputable operators and offers another opportunity to showcase the Pragmatic Play Live Casino portfolio in Peru. With an offering that will deliver exceptional gaming experiences to players, this partnership promises to cement Pragmatic Play’s position at the forefront of the Peruvian iGaming industry.”

Advertisement

Alonso Huiman, Chief of Online Casino at Atlantic City, said: “This landmark agreement with Pragmatic Play is a pivotal moment for us. Its vast selection of table and card games will resonate seamlessly with our player base and we are confident that this will propel our brand to new heights.”

Continue Reading

Arpita McGrath

Sporttrade and Birches Health Partner to Launch Responsible Gaming Education and Problem Gambling Resources

Published

on

sporttrade-and-birches-health-partner-to-launch-responsible-gaming-education-and-problem-gambling-resources

 

Birches Health and Sporttrade are pleased to kick off Problem Gambling Awareness Month (March) by announcing a partnership. This initiative focuses on increasing public awareness of problem gambling and promoting awareness, prevention, treatment and recovery services. The partnership will center on ensuring that users of the Sporttrade platform have access to a robust catalog of customized responsible gaming resources and services.

Birches Health is a behavioral health services provider that focuses on the prevention and treatment of problem gambling and gambling disorder, gaming disorder and related mental and behavioral health problems in the United States. Birches Health provides modernized solutions for responsible gaming including online educational resources, learning modules and convenient treatment options designed and led by licensed, specialized behavioral health clinicians. Birches Health’s mission is to provide convenient, comprehensive care and resources to individuals facing challenges related to problem gambling and other behavioral addictions. For more information, visit Birches Health at https :// BirchesHealth. com/.

“In the initial conversation with Birches Health, it was a no-brainer that this industry needs this and I want to make sure Sporttrade patrons have access to this valuable resource,” the Chief Compliance Officer for Sporttrade, Arpita McGrath, said. “My biggest question at the end of the initial conversation with Birches Health was ‘how quickly can we implement this?’.”

Sporttrade places a unique emphasis on customer care with support that extends beyond regular service to helping players become smarter and more responsible players.

Advertisement

“Through a collective focus on the promotion of responsible gaming and sustainable play, we are ensuring that individuals are able to access these resources,” the founder of Birches Health, Elliott Rapaport, said. “We are pleased to partner with Sporttrade to ensure that individuals looking for these resources are able to swiftly and securely access high quality care.”

Continue Reading

AGS

Caesars Digital and AGS Interactive Celebrate Exclusive Omni-Channel Launch of Rakin’ Bacon Odyssey in New Jersey

Published

on

caesars-digital-and-ags-interactive-celebrate-exclusive-omni-channel-launch-of-rakin’-bacon-odyssey-in-new-jersey

 

Caesars becomes the first operator to bring fan-favorite slot game to ‘The Garden State’ both in-person and online

Caesars Entertainment Incorporated (NASDAQ: CZR) (Caesars) and PlayAGS Incorporated (NYSE: AGS) today celebrated the exclusive and first cross-platform launch of the thrilling new slot game Rakin’ Bacon Odyssey in New Jersey.

To commemorate the launch, well-known online gaming influencer Francine Maric – better known as ‘Lady Luck HQ’ – was on hand at Caesars Atlantic City alongside Caesars representatives to pull the lever for the ceremonial first spin unveiling the new slot now exclusively live in New Jersey for the first time on Caesars Palace Online Casino and at Caesars Atlantic City, Tropicana Atlantic City and Harrah’s Atlantic City.

“The simultaneous launch of Rakin’ Bacon Odyssey on Caesars Palace Online Casino and at our world-class destinations in Atlantic City is an example of the exciting omni-channel experience we can bring to our players,” the Senior Vice-President and Chief iGaming Officer for Caesars Digital, Matthew Sunderland, said. “We’ve seen how popular this game is in other jurisdictions, and we’re confident our casino players and guests in New Jersey will enjoy it. Thank you to our great partners at AGS for this exclusive launch and to ‘Lady Luck HQ’ for coming out to celebrate with us.”

Advertisement

‘Lady Luck HQ’ is a gambling content creator who produces unique gaming-centric content across YouTube, Facebook, Instagram and TikTok. The innovative approach to her content has led to her channels commanding the single largest online presence in gaming as the most daily viewed gambling influencer in the world.

AGS’ Rakin’ Bacon Odyssey is a brand extension of the player-favorite slot game Rakin’ Bacon, which has quickly become a fan-favorite on casino floors in select jurisdictions across North America. Its gameplay features ‘Cornsquealius’, a loveable pig cartoon adorned in a Caesar-esque laurel and white robe. The slot shines on casino floors through the popular Spectra49 cabinet by AGS with unique reel configurations of 3×5 that expand up to 6×5 during free spins with a staggering 7,776 ways to win.

In celebration of this launch, Caesars Digital is offering users 21 and older the chance to take advantage of its first omni-channel promotions linked to a new slot with entry available both in-person at Caesars destinations in Atlantic City and via the Caesars Palace Online Casino app.

“This exclusive launch illustrates the connection we’re continuing to build between our world-class destinations and our online casino platforms,” the Senior Vice-President and General Manager of Caesars Atlantic City, Karen Worman, said. “That connection is something we’re uniquely positioned to deliver to our customers and we look forward to celebrating more of these moments that bring best-in-class offerings to life across the in-person and digital experience.”

“Launching Rakin’ Bacon Odyssey with Caesars expands the stardom of our ‘golden pig’ and reflects our commitment to offering the same high-quality gaming experience to online players,” the Vice-President of Interactive for AGS, Zoe Ebling, said. “This collaboration not only aligns with our strategic vision but also showcases our ability to execute complex, omni-channel launches that set industry standards. We’re elevating the gaming experience across platforms, demonstrating our leadership in the industry and our dedication to excellence. This launch marks a significant step in delivering exceptional entertainment to players everywhere.”

Advertisement

Caesars Palace Online Casino launched in July of 2023 as the crown jewel of Caesars’ iGaming portfolio alongside Caesars Sportsbook & Casino, Tropicana Online Casino, Harrah’s Online Casino and WSOP. com. Those 21 and older in New Jersey, Pennsylvania, Michigan and West Virginia can now download the Caesars Palace Online Casino app on iOS and Android or visit CaesarsPalaceOnline. com to enjoy a fully immersive online casino experience with exclusive games and a true omni-channel experience complete with promotions provided by the largest casino-entertainment company in North America.

Caesars is a trailblazer in responsible gaming and remains committed to responsible gaming education and providing a safe and responsible digital experience for Caesars Palace Online Casino users. The company enforces an enhanced 21+ gaming policy that ensures Caesars Rewards accounts are only available to individuals 21 and older, where permitted by law, and Caesars Digital online platforms have tools in place to encourage responsible play.

For real-time updates on new content offerings and to join the empire of like-minded Caesars, players can engage with the Caesars Palace Online Casino social handles on X (formerly Twitter), Instagram and Facebook. Players can follow Rakin’ Bacon and the adventures of its lovable pig on Instagram and TikTok at @ Rakin.Bacon.

Continue Reading

Trending

Get it on Google Play

Fresh slot games releases by the top brands of the industry. We provide you with the latest news straight from the entertainment industries.

The platform also hosts industry-relevant webinars, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - Recent Slot Releases is part of HIPTHER Agency. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania