Gambling in the USA
Gaming Americas Weekly Roundup – October 23-29
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 and new partnerships. Read on and get updated.
Latest News
The PGA TOUR and DraftKings Inc. held a ceremonial ribbon cutting at the DraftKings Sportsbook at TPC Scottsdale, with former Arizona Cardinals legend Larry Fitzgerald placing the ceremonial first bet.
Acres Technology has appointed David Bain as its Chief Financial Officer. Mr. Bain spent the last 25 years as a senior research analyst and managing director of corporate finance at several investment banks, most recently at B. Riley Securities.
Rivers Casino Philadelphia, in collaboration with local elected officials and community leaders, presented the Penn Treaty Special Services District (SSD) with $1 million to support ongoing reinvestment in the community. Through grants the SSD makes to community organisations, the casino funds are used to benefit residents of Fishtown, Northern Liberties, Olde Richmond and South Kensington.
Tipico has launched a new proprietary online casino platform, available across the state of New Jersey. With the technology developed in-house for a growing audience of players, Tipico’s updated iGaming platform merges the concepts of a fun and fresh UX often found in “social casino” into its “real money” offering.
The National Council on Problem Gambling (NCPG) announced the recipients of the Fall 2023 Agility Grants. In this round, a total of $176,000 in funding will be granted to five organisations in support of programmes dedicated to advancing problem gambling prevention. The NCPG Agility Grants serve as a vital resource for nonprofit organisations engaged in problem gambling prevention.
The Louisiana Gaming Control Board has unanimously granted LRGC Gaming Investors, an affiliate of The Cordish Companies, the necessary regulatory approvals required to become a gaming operator in the State. The approval clears the way for Cordish to finalise the acquisition of Diamond Jacks Casino & Hotel in Bossier City and begin its transformation into a world-class Live! branded casino resort and entertainment destination.
FanDuel TV’s daily news-breaking NBA show “Run It Back” returned with new co-host and 3-time NBA Sixth Man of the Year award winner Lou Williams. Williams joins the “Run It Back” team that includes Emmy-winning host Michelle Beadle, NBA Insider Shams Charania and former NBA star Chandler Parsons.
Partnerships
FanDuel, North America’s premier online gaming company and an Official Sports Betting Partner of the National Basketball Association (NBA), has become the only U.S. sports betting operator offering fans three months of NBA League Pass. The sportsbook is also introducing an exciting new product feature that will help fans bet on key moments in a game in real-time to start the season.
Scientific Games will continue to provide the Kentucky Lottery with digital customer relationship management services for up to four years through a recent contract extension. Since the company’s digital CRM programme launched in 2021, the Kentucky Lottery’s online sales programme has experienced an impressive 179% growth. Kentucky is ranked among the Top 15 lotteries in the world for instant game per capita sales.
Make-A-Wish and Fanatics announced a first-of-its-kind partnership in which Fanatics will become the wish- granting organisation’s “Official Sports Partner.” Through the partnership, sports-related wishes in the US will be granted under the co-brand of Fanatics Make-A-Wish.
The launch celebrates another North American venture with DraftKings this quarter.
Hacksaw Gaming established its business relationship with DraftKings this time last year. The pair have embarked on a North American takeover since, having successfully set the collaboration in motion in West Virginia after receiving full regulatory approval in June. The studio has already set eager sights on Pennsylvania as another future target.
Gripping the charts as renowned industry lead in the US, DraftKings has rolled out Hacksaw’s classic slots, Chaos Crew and OmNom, alongside fan-favourite Dare2Win games Mines and Boxes. The games have received a warm welcome in the online casino lobby following a fruitful agreement to brand Hacksaw’s first 10 games with exclusivity in the market for the next 2 weeks.
“Having secured such a significant presence in the US in 2023 is something we are incredibly proud of,” said Marcus Cordes, CEO of Hacksaw Gaming, “our hard work takes form in our ever-increasing footprint”.
Compliance Updates
Jackpot Digital Receives License to Install Three Jackpot Blitz(R) ETGs at Jackson Rancheria Casino Resort in California
Jackpot Digital has announced that it has received licensing approval from the Jackson Rancheria Tribal Gaming Agency, the regulator for Jackson Rancheria Casino Resort located in Jackson, California. The vendor’s license was the final step required for the Company to install Jackpot Blitz ETGs at Jackson Rancheria. The Company is now scheduling installation for three of its next-generation, dealerless Jackpot Blitz ETGs at the property.
Each new table installed will represent additional monthly recurring revenue to the Company.
In addition to Jackpot’s cruise ship customers, which include Carnival Cruises, Virgin Voyages, Princess Cruises, Holland America, AIDA, and Costa Cruises, Jackpot has announced land-based installations or orders in 12 states and territories in the US and growing, including California, Kansas, Louisiana, Michigan, Minnesota, Mississippi, Montana, Nevada, Oregon, South Dakota, US Virgin Islands, Washington, as well as several international jurisdictions.
City Council Speaker Adrienne Adams
NYC Agency Aims to Streamline Casino Application Process, But Critics Warn of Potential Community Exclusion
On Monday, the Department of City Planning introduced a new measure aimed at simplifying the application process for casinos in New York City. However, this move has sparked criticism for potentially sidelining community boards.
This initiative, discreetly submitted last Friday, emerges amidst intense competition among prominent developers for one of the three sought-after casino licenses in the downstate area.
Dan Garodnick, the City Planning Commissioner, described the measure, formally known as a zoning text amendment, as an effort to streamline the alignment of city and state procedures during a meeting on Monday.
Garodnick explained, “Our proposal is designed to level the playing field for these entities as they strive to demonstrate the economic benefits they plan to bring to New York City. Our goal is to establish a process that facilitates an orderly dialogue.”
While the state is responsible for granting casino licenses, Garodnick and City Council Speaker Adrienne Adams expressed concerns in October about the city’s current land review processes. They argued that these processes are insufficient for new casinos, placing New York in a less competitive position.
The proposed amendment aims to simplify the review process, allowing state-sanctioned casinos to proceed without zoning conflicts or redundant steps in the state’s extensive licensing procedure, according to Garodnick.
With two of the downstate licenses likely going to existing racinos in Yonkers and South Ozone Park, Queens, the battle for the remaining license in New York City is intense. City Planning has confirmed eight potential locations, including five in Midtown Manhattan, one at Ferry Point in the Bronx, one in Queens proposed by Mets owner Steve Cohen, and another in Brooklyn near Coney Island, in addition to the Queens racino.
Source: NYDailynews.com
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