Gambling in the USA
Gaming Americas Weekly Roundup – July 1-7
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
Red Rake Gaming, a premium online casino content provider, has announced that it has obtained its provisional online casino supplier license in Michigan. This marks the company’s second license in the US, following the successful acquisition of its Pennsylvania license earlier this year. The new license in Michigan represents a significant milestone for Red Rake Gaming as it continues to expand its footprint in the burgeoning US online gaming market.
Super Group, the parent company of Betway, a leading online sports betting and gaming business, and Spin, the multi-brand online casino, announced that its Board of Directors has initiated a dividend programme and declared the first cash dividend on its ordinary shares of $0.10 per share. The dividend is payable on July 17, 2024, to shareholders of record as of the close of business on July 8, 2024.
Churchill Downs Incorporated has announced that Michael Lilly has been promoted to President of TwinSpires Horse Racing, the leading provider of legal online horse betting sites and the official wagering partner of the Kentucky Derby. In this role, Lilly will be responsible for the overall strategy and operation of the TwinSpires Horse Racing business within CDI’s TwinSpires Segment.
The National Indian Gaming Commission (NIGC) released fiscal year 2023 Gross Gaming Revenue numbers totaling $41.9 billion, an increase of $1 billion, or 2.4%, from the historic FY 2022 GGR of $40.9 billion. Acting Chairwoman Sharon M. Avery and Vice Chair Jeannie Hovland made the announcement at the Wisconsin Gaming Regulators Association Summer Conference in Green Bay, Wis.
GAN Limited announced that it has received clearance from the Committee on Foreign Investment in the US (CFIUS) for the proposed merger of GAN and a subsidiary of SEGA SAMMY CREATION INC (SSC), an affiliate of SEGA SAMMY HOLDINGS INC.
Partnerships
The Chicago Blackhawks announced a multi-year partnership agreement with sports betting venture Circa Sports to be the official jersey patch sponsor for the Blackhawks home red jerseys. The home jersey patch will be worn beginning in the 2024-25 season, marking the first time a partner will be added to Blackhawks game jerseys.
PENN Entertainment announced that it has expanded its partnership with Ticketmaster to offer exciting new benefits for its more than 30 million loyalty members. PENN Play members can now redeem rewards for tickets to live events through Ticketmaster. Additionally, PENN will have on-site activations at five amphitheaters across the US, further enhancing the live event experience for PENN Play members.
Aristocrat Interactive, Aristocrat’s new online Real Money Gaming division, and Hard Rock Digital announced the arrival of Aristocrat Interactive Content & Aggregation’s extensive suite of gaming content to HRD’s Hard Rock Bet online casino in New Jersey. Players of the Hard Rock Bet platform can now enjoy an impressive collection of Aristocrat Interactive’s most popular games within the state, whenever they seek entertainment.
Evolution announced that it has gone live with its online live casino offering for players in Delaware’s regulated gaming market, in partnership with Rush Street Interactive, a leading US-based iGaming company that operates the BetRivers brand.
The post Gaming Americas Weekly Roundup – July 1-7 appeared first on European Gaming Industry News.
casinos
New Jersey Division of Gaming Enforcement Announces September 2024 Total Gaming Revenue Results
New Jersey Division of Gaming Enforcement announced the September 2024 total gaming revenue results.
Casino Win:
Based upon filings with the Division of Gaming Enforcement, Casino Win for the nine casino hotel properties was $230.6 million for September 2024, reflecting a decrease of 6.5% when compared to $246.5 million reported in September 2023. Year-to-date Casino Win for the nine casino hotel properties was $2.15 billion, which is a decrease of 0.9% compared to the year-to-date Casino Win for September 2023.
Internet Gaming Win:
For the month of September 2024, Internet Gaming Win reported by casinos and their partners was $208.1 million, reflecting growth of 27.1% when compared to $163.8 million reported in September 2023. For the year-to-date period, Internet Gaming Win reported by casinos and their partners was $1.73 billion, reflecting growth of 23.2% when compared to $1.41 billion for the prior year-to-date period.
Sports Wagering Gross Revenue:
Sports Wagering Gross Revenue reported by casinos, racetracks, and their partners was $119.6 million for September 2024, reflecting a 7.6% increase when compared to $111.1 million reported in September 2023. Sports Wagering Gross Revenue reported by casinos, racetracks, and their partners was $835.4 million for the year-to-date period, reflecting a 17.8% increase when compared to $709.0 million reported in the prior year-to-date period.
Total Gaming Revenue:
Total Gaming Revenue reported by casinos, racetracks, and their partners was $558.3 million for September 2024, reflecting a 7.1% increase from $521.5 million reported in September 2023. For year-todate, Total Gaming Revenue reported by casinos, racetracks, and their partners was $4.72 billion, reflecting a 10.1% increase from $4.29 billion reported in the prior year-to-date period.
Gambling in the USA
Gaming Americas Weekly Roundup – October 14-20
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
Konami Gaming’s President & Chief Executive Officer Steve Sutherland has received the Association of Gaming Equipment Manufacturers’ (AGEM) 2024 Jens Halle Memorial Award during the official awards ceremony at the Global Gaming Expo (G2E) Las Vegas. He was selected for excellence in commercial gaming professionalism, as the embodiment of business success, attention to detail, evident humanity, willingness to “go the extra mile” and long-lasting dedication to the health of the industry as a whole. Investing more than three decades of his career in the gaming supplier sector, Steve Sutherland is a central figure and longtime advocate in responsible gaming industry advancement.
RotoUnderworld, a technology company that analyzes statistical data for fantasy sports, announced that it has raised $1.5 million in a pre-seed funding round to build the next-generation fantasy gaming platform. The round was led by iGaming mavens and technology investors recognising the company’s hyperactive user base and mobile development capabilities. RotoUnderworld’s new FastDraft app is revolutionising the iGaming sector with high-engagement fantasy contests that appeal to both low and high-volume customers.
Scientific Games announced the appointment of Patrick Homm as Vice President, Systems Engineering for the company’s international lottery systems technology. Patrick Homm brings over a decade of experience in innovative gaming systems, software engineering, technology leadership and large-scale systems architecture to his new role.
FanDuel, North America’s premier online gaming company and an Official Sports Betting Partner of the National Basketball Association (NBA), is tipping off the NBA season by bringing back a promotion to provide fans with a three-month subscription to NBA League Pass. Fans who opt-in can also view an enhanced broadcast experience featuring live odds from FanDuel during NBA League Pass games.
Partnerships
Community Gaming, the leading esports platform for automated tournament payouts and sponsor of the Mobile Legends: Bang Bang’s professional league for the Latin America Region, MPL LATAM, now supports developing esports communities in Latin America in collaboration with Moonton. This partnership is a significant boost to CG’s existing advantages associated with its grant programme, a partner-backed initiative to provide organisers with economic resources based on the performance and growth of their local gaming communities.
WPT Global has partnered with Triton Poker Series as the official sponsor of the renowned Triton Poker Super High Roller Series. This partnership ushers in a new era of growth for the Triton Poker Super High Roller Series, as it continues its journey as a leader in high-stakes tournament poker. WPT Global – now offers players the exclusive opportunity to qualify for Triton Poker Super High Roller Series events, expanding accessibility to one of the poker world’s most prestigious tournament circuits.
SCCG Management, a global leader in Tribal gaming advisory and management services, has announced a strategic partnership with Steelhead Compliance Solutions, a leader in tribal gaming compliance and regulatory affairs. This partnership aims to create significant opportunities for tribal nations by connecting them with SCCG’s expansive network of over 200 affiliated gaming companies and service providers. Together, SCCG and Steelhead will work to strengthen tribal gaming operations, enhance regulatory compliance and uphold tribal sovereignty.
The post Gaming Americas Weekly Roundup – October 14-20 appeared first on European Gaming Industry News.
Gambling in the USA
Gaming Americas Weekly Roundup – October 7-13
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
PrizePicks announced the appointment of Marcus Sanford, former CFO of Blizzard Entertainment, as the company’s new Chief Financial Officer. Ari Koteles, who has served as PrizePicks’ CFO since 2021, has been named to the newly created role of Chief Business Officer.
International Game Technology PLC announced that IGT PlayDigital recently released the award-winning Mystery of the Lamp game in several U.S. online gaming jurisdictions – New Jersey, Pennsylvania, Michigan and West Virginia. IGT’s Mystery of the Lamp game rose to super-star status by achieving high performance in land-based casinos worldwide and winning “Top Performing NEW Premium Game” at the lauded 2024 EKG Slot Awards Show.
NorthStar Gaming Holdings Inc. announced the launch across all NorthStar Bets online and mobile betting platforms of “Sports Insights 2.0,” a robust set of enhancements and new features added to its industry-leading content vertical. Sports Insights is a key differentiating feature that supports NorthStar’s position as a premium brand and industry leader at the intersection of iGaming and media.
GAN Limited has announced that it has received approval from the Nevada Gaming Commission (NGC) for the merger of GAN and a subsidiary of SEGA SAMMY CREATION INC. (SSC), an affiliate of SEGA SAMMY HOLDINGS INC. The closing of the merger remains subject to other customary closing conditions including additional gaming regulatory approvals, and is expected to occur in late 2024 or early 2025.
Partnerships
Crane Payment Innovations (CPI) announced its agreement with Everi Holdings, a premier provider of land-based and digital casino gaming content and products, financial technology, player loyalty solutions and bingo. This collaboration will integrate Everi’s CashClub Wallet with CPI’s Betbridge cashless solution, enabling at-machine mobile payments in casinos. By building this solution on the trusted bill validator and TITO technology, CPI and Everi are making cashless payments seamless in casinos.
BetMGM announced that it is teaming up with GTG Network to deliver customised content and useful betting insights for sports fans. The multi-year agreement will roll out in phases, beginning with direct-to-consumer content followed by in-app product integrations. BetMGM will use GTG’s proprietary content engine to launch the partnership, harnessing trillions of data points to share valuable market insights, player statistics and win probabilities for MLB, NBA, NFL, NHL, college basketball and college football.
TaDa Gaming has further strengthened its position in the rapidly growing Latin American market through latest partnership with Cactus Gaming. This deal gives more players greater access to the TaDa portfolio of games and newly launched engagement tools across the region The partnership follows on from a slew of new signings for both companies and will enable the integration of the TaDa portfolio into Cactus Gaming’s platform through a single API.
The American Gaming Association (AGA), European Casino Association (ECA) and the Betting & Gaming Council (BGC) announced the signing of a memorandum of understanding that marks the beginning of a collaboration grounded in shared industry values and priorities. The MOU formalises a commitment among the three associations to address key issues facing the global gaming industry including illegal gambling, responsible gaming, innovation and security.
The post Gaming Americas Weekly Roundup – October 7-13 appeared first on European Gaming Industry News.
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