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
BetOnline.ag, one of the world’s largest online sports betting, poker and casino platforms, has become the first gaming operator to add ApeCoin to its approved cryptocurrency processing list. ApeCoin ($APE) began trading on crypto exchanges on March 17, after months of hype and speculation behind the ERC-20 token created by Yuga Labs, which is the parent company of the popular NFT project, Bored Ape Yacht Club. BetOnline, which publicly announced its entry into the NFT market in February after purchasing Bored Ape #320 for $375,000 during Super Bowl week, was an early adopter of cryptocurrency. The website first began accepting Bitcoin for transactions in 2010.
Golden Matrix Group, a developer and licensor of online gaming platforms, systems and gaming content, has commenced trading its common stock on the Nasdaq Capital Market in the US. The Company’s shares are now trading on the Nasdaq Capital Market via the ticker symbol “GMGI”. The Loev Law Firm, PC, Bellaire, Texas, provided legal services to Golden Matrix in connection with the uplisting.
Pariplay has been shortlisted in two categories at the prestigious EGR North America Awards 2022. Pariplay is nominated in the Casino Content Supplier and Full-Service Platform Provider categories, two areas that Pariplay has invested significant resources into over the last 12 months. During the judging period, Pariplay has acquired licenses for New Jersey, West Virginia and Michigan and has established fruitful relationships with local partners including BETMGM and Golden Nugget.
New Partnerships
Gaming Arts has announced an exclusive partnership with Taiwan’s Jumbo Technology to bring its underwater-themed game, Ocean Phoenix, to North American casinos. Ocean Phoenix debuted at the Gaming Arts booth during G2E 2021 and was installed at California’s Pechanga Resort Casino last month. Now, both companies are eyeing further North American expansion.
Xpoint, the leading geolocation and compliance tech firm specialising in U.S. sports betting and iGaming markets, has been appointed as Official Geolocation Partner by Sparket, the Los Angeles based sports wagering technology company that aims to make sports betting accessible and fun to a broader demographic.
New Appointment
Rush Street Gaming has announced the planned departure of Greg Carlin, CEO and Co-Founder, and the appointment of longtime Rush Street Gaming executive Tim Drehkoff from CFO to CEO. The transition is effective 1 May 2022. Drehkoff has been with Bluhm and Rush Street Gaming for nearly 20 years and CFO since 2012. His proven leadership has earned respect companywide and industrywide. Most recently, Drehkoff has been focused on Rush Street’s vision for developing Chicago’s growing casino industry, along with other emerging U.S. and international gaming markets.
New Acquisition
Grover Gaming has announced that it has reached a deal to acquire the assets of NexLevel Gaming. Prior to this acquisition, NexLevel Gaming was poised to become one of the largest distributors of Electronic Instant Bingo in the State of Ohio. The Ohio Attorney General’s Office is in the process of licensing both manufacturers and distributors of Electronic Instant Bingo devices along with the charities, fraternals and other nonprofit organisations that will use the devices in Ohio.
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