Connect with us
European Gaming Congress 2024

Canada

Pennsylvania Skill highlights gaming revenue in PA continues to grow

Published

on

 

Pennsylvania Skill, powered by Pace-O-Matic, applauded the $450 million that gambling and gaming interests took in during October, setting a monthly record. The impressive revenue from casinos, I-gaming, sports betting and truck stop VGTs is happening while Pennsylvania Skill is expanding its games in the commonwealth.

According to the Pennsylvania Gaming Control Board, the total revenue for October is $24.3 million more than the revenue collected in October 2021. PGCB also explained that iGaming hit a record $124.4 million.

“This is all great news for Pennsylvania,” said Mike Barley, spokesman for Pennsylvania Skill. “Our industry is glad to be part of what is an overall benefit to residents. From our industry, we know that our skill games are supporting small businesses, fraternal organizations, and veteran organizations in particular.”

Barley added that Pennsylvania Skill and Pace-O-Matic have exhaustively studied whether skill games have had an impact on casinos – and the lottery — in the state by contracting with Dr. Peter Zaleski of Meadows Metrics, former head of economics of Villanova University.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

“We have seen from these studies that no correlation exists between casino revenues and the play of legal skill games,” said Barley. “And, unlike the out-of-state and international companies operating in the casino and iGaming space, over 90% of the profits generated from our Pennsylvania Skill games stay in the Commonwealth.”

Pennsylvania Skill supports legislation that would further regulate and increase taxes on skill games. The state could see an additional $250 million in recurring annual revenue if the measure passes.

Through locations that have legal skill gaming machines, tens of thousands of dollars trickle into communities across Pennsylvania. Funds go to fraternal organizations, volunteer fire departments, veterans’ groups, fraternal orders of police, Moose Lodges, and countless other community organizations. All of the games, and most of the parts used for building the machines, are made in Pennsylvania.

Pace-O-Matic’s skill games are fully regulated in Wyoming and the District of Columbia. Pace-O-Matic’s Pennsylvania Skill game has been adjudicated and ruled a legal game of predominant skill by a Court of Common Pleas. Pace-O-Matic has since brought an additional lawsuit against the Commonwealth of Pennsylvania in Commonwealth Court to cement the legal status of the games.

Powered by WPeMatico

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)
Continue Reading
Advertisement

Canada

ComeOn Group adds sportsbook to its offering in Ontario

Published

on

comeon-group-adds-sportsbook-to-its-offering-in-ontario

 

ComeOn Group announced a significant milestone in its sportsbook expansion journey with the addition of sportsbook to their offering in Ontario following the successful acquisition of the required permits. This addition represents a strategic advancement in the Groups sportsbook growth trajectory where they are set to double its sportsbook business in the coming years.

ComeOn Group is one of 51 active operators in Ontario. The Ontario market has experienced robust growth since its launch, reaching C$6.7 billion in revenue in 2023.* By 2029, the market is forecasted to grow by a total of 29%, with 2024 expected to close with a 20% increase.

ComeOn keeps investing in its sportsbook business acceleration that is powered by its proprietary sportsbook platform and in-house risk management and trading team. As a multi product vertical operator, ComeOn is striving to give its customer base a safe and exciting entertainment destination and this approach is now expanded to their Ontario audience.

Juergen Reutter, Chief Executive Officer at ComeOn Group, said: “We are very excited about the opportunities this new milestone opens up for us. As a casino-led operator it represents a key part of our sportsbook strategy to double our business in the coming years. Like in any of our other markets, we are striving for a differentiated sportsbook entertainment experience that is powered by our in-house technology. Our goal is to deliver top-tier entertainment to our players while fostering safe and innovative gaming experiences.”

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

*Source – H2GC H2 Ontario Data 25.10.2024 (excl. Lottery)

Continue Reading

BCLC

INTRALOT Announces New Project with the British Columbia Lottery Corporation for Online Lottery Platform

Published

on

intralot-announces-new-project-with-the-british-columbia-lottery-corporation-for-online-lottery-platform

 

INTRALOT S.A. has announced the undertaking of a new project between the British Columbia Lottery Corporation (BCLC), the sole lottery operator for the Government of British Columbia in Canada, and INTRALOT Inc., its US subsidiary, for the provision of an online lottery platform. The project also includes the digitalization of the existing land-based network.

The solution will be based on the Player X platform, part of the Lotos X ecosystem, and adds to the company’s overall partnership with BCLC, which has been extended until 2028.

INTRALOT is a leading player in a changing world of gaming. With significant experience in looking forward and anticipating emerging trends, the company provides future-proof solutions to regulated lottery and gaming operators around the world.

Continue Reading

Canada

IAGR announces Toronto as host city for 2025 conference

Published

on

iagr-announces-toronto-as-host-city-for-2025-conference

Hot on the heels of its most attended conference in history, the International Association of Gaming Regulators (IAGR) is excited to announce that its 2025 conference will take place in Toronto, Canada, from October 20 to 23, 2025.

The event will be held in partnership with the Alcohol and Gaming Commission of Ontario (AGCO) at the Westin Harbour Castle, offering stunning waterfront views and a premier, downtown Toronto location.

‘Fresh off the success of our Rome conference, we’re thrilled to continue the momentum with next year’s event in Toronto,’ said Ben Haden, IAGR President.

‘The IAGR 2025 conference promises to be another unparalleled opportunity for our global community to come together, collaborate and shape the future of gaming regulation. We’re looking forward to working with AGCO to bring it all together.’

AGCO CEO and Registrar Dr. Karin Schnarr, added, ‘We’re excited to welcome IAGR and its members to Toronto. This partnership provides a great opportunity to share Ontario’s innovative regulatory practices and foster meaningful discussions that drive positive change in the industry.’

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

Stay tuned for registration details early next year.

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