Gambling in the USA

Summits by Gaming Americas brings you two conferences next week between 22-23 June

Published

3 years ago

June 17, 2021

Zoltan Tundik

Reading Time: 3 minutes

Gaming Summit North America and Gaming Summit Latin America to take place next week between 22-23 June.

We are excited to announce the final agenda for the upcoming Gaming Summit North America & Gaming Summit Latin America which are taking place in a virtual layout next week.

The conference series is Gaming Americas’ flagship event in the Americas and was previously titled “Sports Betting & Casino Summit North America”, and complements the Gaming Americas Quarterly Meetups. (read more about the rebranding here).

The conferences gather regulators, top C-Level Executives, and most of the industry shareholders for two days of quality learning and engaging discussion about the gambling industry in North America and the LATAM region.

The North American conference will target compliance updates from the West Side and East Side of the US will feature the special ongoing series of talks with Chantal Cipriano about the Canadian gaming industry, and will also include discussions about Responsible Gaming, Fintech and investment tips from the top investors of the gaming industry in North America.

You can view the full program here.

The registration is free and the conference already attracted 2k registrations. So, if you haven’t yet registered, make sure you get in on the list to receive the login details. Register here!

Here is a short preview of the panel discussions on 22 June (North America):

(East Side) US Legislation Round-up
The Gaming Gold Rush has to consider the implementation of Responsible Gaming measures
The Canadian Gaming Industry Updates with Chantal Cipriano
Focus on Yahoo Sports’ sports betting strategy in North America
(West Side) US Legislation Round-up
Innovative payment technologies and the regulators catch up
M&A, Making of Unicorns and how VCs are reshaping the future of the sports betting industry

Among the leading speakers you can find:

Dr. Laila Mintas – CEO at PlayUp US
Ryan Butler @ Action Network
Chantal Cipriano – Senior Director, Legal & Compliance at Mazooma
Adrianna Cuccinello – VP, Online Gaming & Compliance Operations – US at Maxima Compliance
Lloyd Danzig – Founder & Managing Partner at Sharp Alpha Advisors
Andrew Crowe – SVP of Business Development at Sightline Payments
Rich Roberts – Non-Executive Board Member with Webis Holdings PLC
Bill Pascrell, III – Partner at Princeton Public Affairs Group, Inc.
Martin Lycka – SVP for American Regulatory Affairs and Responsible Gambling, Entain
Keith S. Whyte – Executive Director of the National Council on Problem Gambling (NCPG)
Tammi Barlow – Director of Responsible Gaming and Corporate Social Responsibility at Caesars Entertainment
Wendy Anderson – Chief Executive Officer at RG24seven
Neil Erlick – Chief Corporate Development Officer at Nuvei
Geoff Reiss – GM of Yahoo Sports
Sarah Crennan – VP & Head of Content at Yahoo Sports
Minty Bets – Yahoo Sports’ lead betting reporter and analyst
Elizabeth Suever – Vice President of Government Relations at Bally’s Corporation
Daniel Wallach – Founder at Wallach Legal LLC
Wayne Kimmel – Managing Partner at SeventySix Capital
Matt Davey – President & CEO at Tekkorp Capital LLC
Daniel Bernard – Investor and General Partner at Mindspring Capital
and many more…

The Latin American conference targets compliance-related matters and give clear updates about the state of the industry in Brasil, Argentina, Costa Rica, Peru, and Curacao. Besides the trending topics, the experts will also dive into discussions about the state of Responsible Gaming in the region.

Among the leaders who will present during the panel discussions, you can find the regulators and lotteries representatives from Argentina, Peru, Costa Rica and Curacao.

Top brand such as Nuvei, Betwarrior, Playtech, Entain, Play’n GO, Codere, and GLI will also share their information about the region.

The panel discussions will be hosted in Portuguese, Spanish, and English, while live interpreting is ensured at all times by one of the sponsors of the conference series, All-In Global.

The conference enjoys the support of Play’n GO as sponsors.

Here is a short preview of the panel discussions on 23 June (Latin America):

Regulation in the spotlight: Brasil (operators, payment methods, legal update) (Portuguese to English)
Hear from the industry stakeholders in Argentina (operators, software providers) (Spanish to English)
Responsible Gaming Programs across LATAM (English to Spanish and Portuguese)
Regulation in the spotlight: Argentina, Costa Rica, Peru, Curacao (regulators, lotteries representatives) (Spanish to English)

Among the leading speakers’ you can find:

Sebastian Vivot – Head of Modernisation and Information Technology, Loter’a de la Ciudad de Buenos Aires
Manuel San Román – Dir. Gral. de Juegos de Casino y Máquinas Tragamonedas de Perú
Esmeralda Britton – President of Social Protection Board (JPS) of Costa Rica
Jamir Barton – Acting Chairman of the Board of Directors at the Curacao Gaming Control Board
Neil Montgomery – Founding and Managing Partner at Montgomery & Associados
Roberto Carvalho Brasil Fernandes – Senior Lawyer at Brasil Fernandes Advogados
Danilo Gennari – Sócio-Diretor na Distrito Relações Governamentais
Pedro Extremera – Regional Director at Playtech
Victor Arias – Vice President LATAM at Pragmatic Play
Cristian Acuna – Head of Sales LATAM at Play’n GO
Salo Leder – Business Development Executive at Codere
Juan Espinosa García – Ministerio de Hacienda Espana
Martin Lycka – SVP for American Regulatory Affairs and Responsible Gambling at Entain
Fernando Sussesso – Sales Manager LATAM at Nuvei
Alasdair Townsend – Managing Partner at Sherlock Communications
Georges Didier Flores – Latin America Government Relations and Business Development Representative at Gaming Laboratories International
Seth Palansky – Vice President, Corporate Social Responsibility & Communications at Conscious Gaming
Richard Bayliss – Senior Regulatory Affairs and Compliance Manager at Playtech
José Carlos Figueroa – Caribbean Government Relations and Business Development Representative Gaming Laboratories International, LLC (GLI®)

For sponsorship/speaking and marketing inquiries, make sure to reach out to Andrada Marginean (B2B Sales Executive at Hipther Agency).

For media-related inquiries, please contact Alexandru Marginean (Marketing Specialist at Hipther Agency).

To receive constant updates, subscribe here: http://eepurl.com/hfyZxf

Detroit casinos

Detroit Casinos Report $109.44M in April Revenue

Published

2 days ago

May 16, 2024

GamingAmericas.com

detroit-casinos-report-$109.44m-in-april-revenue

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.

Gambling in the USA

CogniPlay Launches New Social Casino Platform

Published

3 days ago

May 15, 2024

GamingAmericas.com

cogniplay-launches-new-social-casino-platform

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

Published

4 days ago

May 14, 2024

GamingAmericas.com

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.