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Gaming Americas Weekly Roundup – March 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 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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Bingo Paradise, a prominent UK iGaming affiliate, has announced its most successful quarter ever, achieving record growth during Q3 2024. The portal saw an unprecedented rise in first-time depositors (FTDs), a testament to its commitment to delivering value to players and operators in the highly competitive iGaming space.
“Q3 2024 has been a standout quarter for Bingo Paradise,” said Tom Waite, Manager of Bingo Paradise. “Our success is thanks to the hard work of our small team of talented writers and the oversight of our dedicated compliance manager. Together, they ensure that we provide honest, transparent reviews and operate within the highest industry standards. This, combined with our marketing efforts, including SEO and negotiating exciting player offers with operators, has been key to sending substantially more FTD’s to the operators.”
Bingo Paradise achieved a 65.24% year-over-year increase in FTDs compared to Q3 2023. This impressive growth underscores the affiliate’s focus on player-first strategies, such as creating honest, well-researched reviews that empower users to make informed decisions. The team’s compliance manager ensures every piece of content adheres to strict regulations, building trust with both players and operators.
A key factor in the platform’s success is its ability to negotiate exclusive offers with UKGC-licensed operators. These partnerships allow Bingo Paradise to provide unique deals that resonate strongly with players, enhancing its appeal as a go-to player resource. The focus on promoting only licensed operators also ensures fairness and security for users, which further solidifies the portals reputation.
The brands approach is a model of integrity and innovation. By prioritising compliance and transparency, Bingo Paradise, which itself is owned by Meteor Marketing Ltd has positioned itself as a trusted affiliate partner, both for operators seeking reliable collaborations and for players looking for guidance in the iGaming world. As the platform celebrates its Q3 2024 achievements, it remains committed to exploring new opportunities and maintaining its high standards.
Eagerly anticipated release now confirmed following a highly successful exclusivity period with Rush Street Interactive
Play’n GO has today announced the official US release of its hit title Colt Lightning Firestorm, following a three-week period of exclusivity with Rush Street Interactive brands BetRivers and SugarHouse.
Colt Lightning Firestorm was released in Europe and other jurisdictions in May 2024, and its release in the US comes with much fanfare following the game’s rave reviews in its short exclusivity period. The game is a sequel to the wildly popular Colt Lightning game which was released early last year, and indications at this stage suggest that this sequel may prove even more successful.
This announcement sees Colt Lightning Firestorm available to players in each state and operator with whom Play’n GO is licensed. Play’n GO first entered the online casino market in the US in 2022, and has reiterated its commitment to becoming active in every regulated market around the world.
Magnus Olsson, Chief Commercial Officer at Play’n GO said: “We’re excited to unveil Colt Lightning Firestorm to the wider online casino gaming community in the US, and have been very pleased to see its strong performance during its exclusivity period with Rush Street Interactive. We had high hopes for the game following the success of its predecessor, and we’re confident that these robust results will continue now that the game is available to an even bigger audience.”
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