Connect with us

iGaming

Michigan iGaming, Sports Betting Operators Report $169.3M in June Revenue

Published

on

michigan-igaming,-sports-betting-operators-report-$169.3m-in-june-revenue

 

Michigan commercial and tribal operators reported a combined $169.3 million total internet gaming (iGaming) gross receipts and gross sports betting receipts in June. Gross receipts decreased 8.9% compared to May results.

June iGaming gross receipts totaled $151.0 million and gross sports betting receipts totaled $18.3 million. In May 2023, iGaming gross receipts were $150.6 million and gross sports betting receipts were $35.2 million.

Combined total iGaming and internet sports betting adjusted gross receipts (AGR) for June were $146.1 million, including $136.9 million from iGaming and $9.2 million from internet sports betting — representing a 1.0% increase and 58.0% decrease, respectively, compared to May 2023. Compared to June 2022 reported revenues, iGaming AGR was up by 25.1% and sports betting was up by 83.9%.

Total internet sports betting handle at $227.9 million was down by 21.0% from the $288.3 million handle recorded in May 2023.

The operators reported submitting $28.9 million in taxes and payments to the State of Michigan during June, including:

  • Internet gaming taxes and fees: $28.4 million
  • Internet sports betting taxes and fees: $545,632

The three Detroit casinos reported paying the City of Detroit $7.4 million in wagering taxes and municipal services fees during June, including:

  • Internet gaming taxes and fees: $7.1 million
  • Internet sports betting taxes and fees: $286,569

Tribal operators reported making $3.5 million in payments to governing bodies in June.

During June, a total of 15 operators offered internet gaming and internet sports betting.

Akhil Sarin

Akhil Sarin Joins Bet It Drives: Stake’s Growth and What iGaming Gets Wrong About Marketing

Published

on

akhil-sarin-joins-bet-it-drives:-stake’s-growth-and-what-igaming-gets-wrong-about-marketing

Season 4 of Bet It Drives is back, and Episode 2 features Akhil Sarin, CMO at Easygo and the marketing and partnerships mastermind behind Stake.

Sarin dives into the realities of iGaming marketing, sharing how some of the most cost-effective campaigns can deliver massive impact—including a low-budget idea that went viral with over 16 billion impressions.

Key insights from the episode include:

  • Stake’s most valuable partnerships and why they worked

  • What sets their sponsorship strategy apart

  • Common mistakes iGaming marketing teams make

  • The one thing Sarin wishes teams focused more on

  • Biggest red flags and warning signs in partnerships

  • Leadership lessons and internal trust challenges

The episode also features a fun “Confess or Call” segment, highlighting a late-night call to a senior exec about a high-stakes, unconventional idea—a true test of trust and creativity.

“This season is about open conversations, and Akhil was straight with us,” said Yevhen Krazhan, CSO at GR8 Tech and host of Bet It Drives. “iGaming marketers will rethink spend, partnerships, and what truly drives growth after this episode.”

Season 4 also includes a CEO debate with Cedomir Tomic (Founder, Alea) and Oleksandr Feshchenko (CEO, GR8 Tech), along with upcoming insights on crypto payments in iGaming and esports betting strategies.

Watch or listen to Season 4, Episode 2 on:

The post Akhil Sarin Joins Bet It Drives: Stake’s Growth and What iGaming Gets Wrong About Marketing appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

Continue Reading

ELA Games

SiGMA Eurasia: ELA Games MD Marharyta Yerina Talks Progression Milestones in Dubai

Published

on

sigma-eurasia:-ela-games-md-marharyta-yerina-talks-progression-milestones-in-dubai

At SiGMA Eurasia on February 11, Marharyta Yerina, Managing Director of ELA Games, joined the panel “Progress Paths: Making Milestones Matter” to discuss innovative approaches to player retention and engagement. The session, moderated by Tim French (Commercial Manager, Greco Fast Track), explored how studios can design progression systems that go beyond conventional loyalty schemes.

Marharyta emphasized that maintaining player interest often comes from subtle design choices rather than overt progress bars. She highlighted how optimizing volatility and feature frequency creates natural anticipation, keeping players engaged through gameplay rhythm. She also advocated for micro-goals—short, intra-session milestones—and stressed the importance of audio-visual feedback to make moments feel rewarding in real time, rather than relying on long-term VIP systems alone.

The panel featured diverse perspectives from the industry, including Alena Tsuranova (CCO, Megafair) and Bulat Fakhrutdinov (Head of Partnerships, Betronic Software), who discussed how commercial strategies and partnerships shape the player journey.

Marharyta’s participation underscores ELA Games’ commitment to player-centric design and demonstrates how the studio’s “For Players, By Players” ethos translates into creating games that keep audiences coming back, while fostering long-term value in partnerships.

The post SiGMA Eurasia: ELA Games MD Marharyta Yerina Talks Progression Milestones in Dubai appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

Continue Reading

3 Oaks Gaming

3 Oaks Gaming unleashes the power of the wild with 4 Wolf Drums: Hold and Win

Published

on

3-oaks-gaming-unleashes-the-power-of-the-wild-with-4-wolf-drums:-hold-and-win

3 Oaks Gaming, a leading iGaming content distributor, has launched 4 Wolf Drums: Hold & Win, the latest addition to its popular Hold & Win portfolio. Set in a rugged, mountainous forest, the game introduces the brand-new Mirror expansion feature, adding depth to the classic bonus experience.

The 5×3, 25-line slot features vibrant green, blue, and red Drum Metres, which fill as matching Bonus symbols appear. Once a Metre is full, it triggers the Hold & Win Bonus, offering players chances to collect Mini, Minor, Major, and Grand Jackpots, with the Grand Jackpot as the ultimate prize.

During the Bonus, up to three dynamic features can activate: Collect gathers all visible symbol values, Multi drops multipliers into empty cells for stacked rewards, and the Mirror function expands the grid with two extra rows while duplicating symbols, creating the opportunity for the Royal Jackpot worth x5,000. The Master Drum can strike anytime, adding extra Bonus or Jackpot symbols, resetting respins, or reactivating features to boost win potential.

Krasimir Pankovski, Head of Sales at 3 Oaks Gaming, said: “4 Wolf Drums: Hold & Win shows our commitment to developing engaging, feature-rich titles. The Mirror expansion and five Jackpot levels deliver an immersive, high-performance experience for operators and players worldwide.”

With its forested setting, rhythmic energy, and innovative Hold & Win mechanics, 4 Wolf Drums: Hold & Win strengthens 3 Oaks Gaming’s portfolio with a visually striking and mechanically dynamic title.

The post 3 Oaks Gaming unleashes the power of the wild with 4 Wolf Drums: Hold and Win appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

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