Gambling in the USA
Mohegan Named to Newsweek’s List of the Top 100 Global Most Loved Workplaces for 2023
Newsweek announced their annual rankings for the Top 100 Global Most Loved Workplaces list, and Mohegan was ranked 85. The 2023 Global Top 100 Most Loved Workplaces is the newest list in the Most Loved Workplace developed in collaboration with the Best Practice Institute (BPI), a leadership development and benchmark research company.
The results were determined after surveying more than 2 million team members from businesses with workforces varying in size from 30 to more than 10,000. The list recognizes companies that put respect, caring, and appreciation for their employees at the center of their business model and, in doing so, have earned the loyalty and respect of the people who work for them.
“We are thrilled to be recognized as one of the most loved workplaces. At Mohegan, we prioritize creating a culture where team members feel valued, supported and empowered to contribute to our mission. This recognition is a testament to our entire team’s hard work, dedication and commitment. As a global organization with properties already in Canada, this award comes on the brink of our plan to recruit an additional 2,000 Mohegan team members for our new INSPIRE Entertainment Resort in Korea. We look forward to onboarding these team members into our Most Loved Workplace,” Patricia Smith, Chief People Officer at Mohegan, said.
How positive workers feel about their future at the company, career achievement, how much employer values align with employee values, respect at all levels and the level of collaboration at the firm were the five critical areas measured to gauge team member sentiment. In addition, areas such as inclusion, diversity, equity and belonging, career development, and company leadership were identified and analyzed in relation to the five critical areas measured.
“I am honored and humbled that Mohegan has been named to the Newsweek Top 100 Global Most Loved Workplaces list and to have been ranked at 85. This is an exciting result after Mohegan was ranked among the Top 100 U.S. Companies in 2022. We are committed to fostering a positive and supportive workplace culture at Mohegan. Guided by the Spirit of Aquai, which represents our way of being welcoming, cooperative, building relationships, and having mutual respect for others, we strive to create a supportive and inclusive environment where everyone feels valued and empowered to do their best work. Having been a Mohegan team member for more than 20 years, I can attest that this recognition strengthens our commitment to fostering a culture of excellence and innovation, and we are proud to be included alongside some of the best companies in the world,” Ray Pineault, President and CEO of Mohegan, said.
“While workplace dynamics continue to evolve, the power of a positive culture remains constant. The companies featured on the 2023 Global Most Loved Workplaces list embody this transformative spirit, proving that when companies prioritize their people, success naturally follows,” Nancy Cooper, Global Editor in Chief of Newsweek, said.
“Since our initial publication of the Most Loved Workplaces List in 2021, the workplace landscape has undergone a significant transformation, including shifts like Return to Office, Hybrid Work, The Great Resignation, Quiet Quitting, and Layoffs, among others. Throughout these changes, the crucial element consistently tied to the success of a Most Loved Workplace culture, which attracts and motivates exceptional talent, is cultivating positive and more meaningful connections between companies and employees. This year’s featured companies on the Most Loved Workplace list exemplify this principle, even globally,” said Most Loved Workplace Founder and CEO Louis Carter.
The three Detroit casinos reported $109.44 million in monthly aggregate revenue (AGR) for the month of April 2024, of which $107.87 million was generated from table games and slots, and $1.57 million from retail sports betting.
The April market shares were:
- MGM, 46%
- MotorCity, 30%
- Hollywood Casino at Greektown, 24%
Monthly Table Games, Slot Revenue, and Taxes
The casinos’ revenue for table games and slots for the month of April 2024 decreased 1.6% when compared to the same month last year. April’s monthly revenue was 11.8% lower when compared to the previous month, March 2024. From Jan. 1 through April 30, the Detroit casinos’ table games and slots revenue decreased by 1.6% compared to the same period last year.
The casinos’ monthly gaming revenue results were mixed compared to April of last year:
- MGM, down 0.7% to $49.86 million
- MotorCity, down 4.5% to $32.68 million
- Hollywood Casino at Greektown, up 0.6% to $25.33 million
In April 2024, the three Detroit casinos paid $8.74 million in gaming taxes to the State of Michigan. They paid $8.88 million for the same month last year. The casinos also reported submitting $12.8 million in wagering taxes and development agreement payments to the City of Detroit in April.
Monthly Retail Sports Betting Revenue and Taxes
The three Detroit casinos reported $15.28 million in total retail sports betting handle, and total gross receipts were $1.57 million for the month of April. Retail sports betting qualified adjusted gross receipts (QAGR) were up by $1.5 million in April when compared to the same month last year. Compared to March 2024, April QAGR was down by 1.7%.
April QAGR by casino was:
- MGM: $475,492
- MotorCity: $516,812
- Hollywood Casino at Greektown: $578,131
During April, the casinos paid $59,362 in gaming taxes to the state and reported submitting $72,554 in wagering taxes to the City of Detroit based on their retail sports betting revenue.
Fantasy Contests
For March 2024, fantasy contest operators reported total adjusted revenues of $494,162 and paid taxes of $41,510.
CogniPlay has today announced the official launch of their new software product, which aims to provide a robust online sweepstakes or social gaming platform to their clients.The system is designed to be modular, allowing customers to tailor their brand and offering to what they believe will give them optimal performance.
The rise of sweepstake casinos in the US is continuing to gather pace and many companies from real money gaming are investigating the business model and the potentially lucrative revenue opportunity. With no standout platform solution currently on the market, CogniPlay looks to serve clients a full white label style solution with every detail taken care of. Brands like Chumba and Pulsz are already seeing tremendous success and CogniPlay gives an extremely efficient route to market for potential new sweepstake casino owners.
The CogniPlay system has several key integrations which help to deliver the product, including games integrations with the likes of Pragmatic Play, BetSoft, Mascot Gaming and many more, giving them 100s of games for their clients. There are other integration options for their customers to pick from too, including affiliate programme software, CRM platforms and associated products, KYC, ID verification, Geo-IP systems, Gamification, and customer support.
They also have a very long and extensive development pipeline which will see the product offering develop at pace, giving clients an extensive list of options and USPs, and of course giving players a great user experience as a result.
As well as the platform itself the CogniPlay team, due to their considerable experience, also offer a whole host of managed services, with almost a menu that clients can choose from to fill any gaps in their own skillsets or experience.
It is also this experience that CogniPlay hopes to utilise to great effect to provide industry-leading client management to build successful relationships and partnerships with their clients. CogniPlay’s Chief Executive Officer Allan Turner said, “We are very proud to take the CogniPlay product to market and are excited that people who want to start a new social or sweeps brand can get in touch with us to see what we can do for them, or in fact established brands that are unhappy with their existing provider.
Our underlying principles are that we want to provide the most flexible platform in the space, to enable our clients to create the product they want to have, not for us to dictate the product to them. The two other main areas of focus are that we want to be the most future-proof product on the market with plans for any regulatory or legal changes that may arise in the future, and that we have all the right safeguards in place to ensure that we look after both our clients and players with our responsible gaming setup.
This of course means having the right tech and processes in the key areas of KYC, Geo-IP tech, anti-money laundering, fraud, risk assessment and ID verification.”
Gambling in the USA
XSOLLA RELEASES QUARTERLY INSIGHTS REPORT ON THE FUTURE OF GAMING AND GAME DEVELOPMENT: A PRELIMINARY ANALYSIS OF SPRING 2024 METRICS AND UPCOMING TRENDS
Key trends include the fast-growing mobile gaming segment, the impact of recent regulations, the integration of blockchain and AI, and the investments in equity and inclusion across the gaming industry.
Xsolla, a global video game commerce company, published the Spring 2024 edition of “The Xsolla Report: The State of Play” today. Launched on the heels of the Game Developers Conference (GDC) 2024, this extensive report provides invaluable insights into the emerging trends and pivotal shifts impacting the gaming industry in the short and long term. It sets the stage to significantly shape the future of mobile gaming, deepen academic connections within the gaming ecosystem, and redefine investment patterns.
In an era where mobile gaming commanded a 49% share of the global market in 2023, this edition of “The State of Play” sheds light on the evolving landscape of mobile gaming. The report navigates through the advancements in global compliance and regulation, including the Digital Markets Act in Europe’s new player engagement strategies, offering a glimpse into the potential future of mobile gaming monetization and distribution. It discusses the impact of cross-platform play and the importance of innovative monetization models, providing actionable insights for developers and industry stakeholders.
“The State of Play” emphasizes the importance of academia in the growth and diversification of the gaming industry. It explores how educational programs and initiatives develop talent and promote diversity and inclusivity within the gaming community. This edition underlines the symbiotic relationship between the gaming industry and academic institutions, highlighting programs that significantly impact students and the industry.
Berkley Egenes, Chief Marketing and Growth Officer at Xsolla, comments: “As we introduce the latest edition of ‘The State of Play,’ we’re not merely sharing industry insights but advocating for a transformative vision: Equal Access for Everyone. This initiative goes beyond our commitment to innovation and growth within the gaming industry. It’s about breaking down barriers to ensure that every developer, regardless of company size, has the opportunity to showcase their creativity and reach a global audience. Our focus is on providing platforms and tools that foster creative opportunities, international exposure, and the development of unique projects, ensuring that the future of gaming is accessible to all. We aim to empower every player and developer worldwide, ensuring the gaming landscape is as diverse and dynamic as its community.”
The report offers an in-depth analysis of the gaming industry’s current investment climate, including funding trends, mergers, and acquisitions. It outlines the shifts in investment patterns, from the heights of the pandemic-induced boom to a more measured approach in 2024. “The State of Play” provides a roadmap for navigating the industry’s financial aspects, offering insights into strategic investment opportunities and forecasting future trends.
Featuring expert commentary from industry voices like:
- Mukul Aurora, Co-founder of Appsoleut Games;
- Mariusz Gasiewski, CEO of Mobile Gaming and Apps Lead at Google;
- Karla Reyes, Founder and Studio Director,
Anima Interactive, the Xsolla Report: The State of Play is now available for complimentary download. To secure your copy and gain invaluable insights into the gaming industry, visit our website.
-
Central Europe7 days agoPlaytech Expands iPoker Network into the Czech Republic in Partnership with Fortuna Entertainment Group
-
Latest News7 days ago
Week 19/2024 slot games releases
-
Latest News7 days ago
Week 19/2024 slot games releases
-
Balkans7 days ago
REEVO Announces Strategic Partnership with Alphawin
-
Canada7 days ago
IGT to Launch Cloud-based iLottery Solutions for Atlantic Lottery in Canada
-
Bragg Gaming Group7 days ago
Bragg Gaming Appoints Renowned iGaming Executive Neill Whyte as Chief Commercial Officer
-
Asia7 days ago
Stake.com enjoys major growth surge during IPL after adding Indian rupees
-
Compliance Updates7 days ago
Altenar celebrates Greek licence in landmark moment for business
