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Gaming Americas Weekly Roundup – February 21-27
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
Wisconsin Gov. Tony Evers has signed a new compact allowing the Forest County Potawatomi to offer event wagering on sports and non-sports events. The signed agreement was sent to the U.S. Department of Interior. It will undergo a 45-day review by the department before taking effect.
Churchill Downs Incorporated has announced that it has entered into a definitive purchase agreement to acquire substantially all of the assets of Peninsula Pacific Entertainment (P2E) for total consideration of $2.485 billion. CDI will acquire all of P2E’s assets in Virginia and New York as well as the operations of its Sioux City casino property.
1000 Dreams Fund (1DF), a national nonprofit that supports the dreams of talented young women in need with scholarships, mentorship and other critical resources, has announced the return of the BroadcastHER Academy (#BroadcastHERAcademy), an esports and gaming fellowship programme for women interested in pursuing careers in the esports industry – whether in-front or behind the camera.
Caesars Entertainment has reported $2.6bn in revenue for the fourth quarter of 2021, up from $1.6bn for the prior-year period. The company’s Las Vegas operations represented $1.04bn of the total, compared to $447m in Q4 2020. Regional operations were, however, the biggest earner, with revenue amounting to $1.36bn.
Partnerships
Elys Game Technology has announced the extension of the sports wagering service agreement between the Company’s subsidiary USBookmaking (USB) and the Santa Ana Star Casino Hotel in Santa Ana Pueblo, New Mexico. The agreement extends USB’s contract to provide sports wagering services to Santa Ana’s sportsbook.
FanDuel Group has signed an exclusive content partnership with sports media network, Boardroom. The deal also designates FanDuel as Boardroom’s exclusive sports betting, fantasy, horseracing, gaming, casino and poker partner.
BetMGM and SportsGrid have announced a strategic partnership concentrating on integrating BetMGM content across SportsGrid’s original, live programming. The content will be supported by television and social media advertising.
International Game Technology PLC has announced that its subsidiary, IGT Global Solutions Corporation, has signed a three-year contract extension with long-time partner, the Missouri Lottery, which extends the existing agreement until 30 June 2025.
Paysafe has announced a partnership with Bally’s Corporation to streamline the player deposits process for customers of the Bally Bet online sportsbook in Arizona and the BallyCasino.com brand in New Jersey.
The Buffalo Sabres and FanDuel Group announced a multi-year partnership, designating FanDuel as an official sports betting partner of the Buffalo Sabres and giving FanDuel the exclusive rights to include branding, sports betting odds and promotions during Sabres broadcasts.
Betting software provider NSoft has partnered with Pango Sports from Colombia. The collaboration is a strong step forward for NSoft in growing its presence in the LatAm region.
Appointments
Sightline Payments has announced the appointments of Shannon Nadeau and Larry Whelan to lead Sightline’s compliance and risk departments, respectively.
Full House Resorts Inc has announced the promotion of John Ferrucci to the newly-created position of Senior Vice President and Chief Operating Officer, subject to finalisation of a new employment agreement between the Company and Mr Ferrucci related to such position.
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