Gambling in the USA
Gaming Americas Weekly Roundup – February 5-11
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
JCM Global (JCM) and the International Centre for Responsible Gaming (ICRG) announced that the highly anticipated 25th annual AGEM & AGA Golf Classic will take place on May 8, 2024, at the internationally acclaimed Shadow Creek Golf Course in North Las Vegas.
OddsSeeker.com has unveiled a new sweepstakes casino rating system, which will quantifiably rank operators by several key factors. On February first week, the company launched a new 6-point rating system, a complete reimagining of sweepstakes casino reviews. It will offer insight into the way these casinos work, providing players with invaluable information so they can easily understand which gaming site is right for them. This enables a weighting of sweepstakes casinos that have unique offerings such as PayPal cashier options, live dealer games, sports predictions and so on.
Wynn Resorts Limited reported financial results for the fourth quarter ended December 31, 2023. Operating revenues were $1.84 billion for the fourth quarter of 2023, an increase of $835.5 million from $1.00 billion for the fourth quarter of 2022. Net income attributable to Wynn Resorts Limited was $729.2 million for the fourth quarter of 2023, compared to net income attributable to Wynn Resorts Limited of $32.4 million for the fourth quarter of 2022. The increase in net income attributable to Wynn Resorts Limited was primarily the result of increased operating revenues from the Macau Operations and Las Vegas Operations, as well as an income tax benefit related to the release of valuation allowance on certain deferred tax assets as a result of achieving sustained profitability in the US.
New Partnerships
Global sports and entertainment company Endeavor has announced the integration of its global sports betting and data businesses, OpenBet and IMG ARENA, under the OpenBet banner.
PAGODA Snacks has entered into a partnership with Riot Games, the company behind the leading global esports property League of Legends. PAGODA Snacks will be featured as the “Official Egg Roll” of LCS and offer fans the perfect game-time snack through special activations, product drops and giveaways throughout the LCS season.
New Appointments
Global Gaming Women, the gaming industry non-profit dedicated to supporting, inspiring and influencing the development of professional women, announced the appointment of Lauren Bates to President of the Board of Directors.
Rabona, the leading sportsbook brand and online casino, has announced the addition of former boxing champion Mike Tyson as its brand ambassador. Through this partnership, players will be offered exclusive Tyson-branded bonuses and streams that blend the boxing legend and casino thrills. As Rabona’s new brand ambassador, Mike Tyson brings his unparalleled charisma and passion to Rabona’s players.
International Gaming Standards Association has appointed Mark Pace as the new President, following Peter DeRaedt’s departure. Mark has been in the gaming industry for over 35 years and has been part of IGSA for over 20 years, acting as Committee Chair, Board Member, Treasurer and Vice-Chairman of the Board, before joining IGSA as the Managing Director of GSA Europe and Vice President of IGSA. Mark will also retain his responsibilities as Managing Director of GSA Europe.