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Gaming Americas Weekly Roundup – September 26-October 2

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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

PointsBet Holdings Limited announced that its wholly owned subsidiary PointsBet Louisiana LLC has received launch authorisation from the Louisiana Gaming Control Board and has taken its first bet in the State of Louisiana.

Pragmatic Play, a leading content provider to the iGaming industry, has completed the integration of its Bingo offering with Latin American operator Estelarbet in Brazil, Chile, Peru and Ecuador.

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Paysafe has announced its entry into the new Kansas online sports betting market. The move sees Paysafe supporting multiple online sportsbooks in the state with players’ credit and debit card deposits plus ACH payments, while its marketing technology and services provider Income Access is powering the affiliate marketing programmes of several Kansas iGaming brands.

VKGS LLC (Video King) has announced the completion of its first Managed Services Agreement in the State of California with the Jamul Indian Village Development Corporation, owner and operator of Jamul Casino.

The Indianapolis Colts announced the launch of a new free-to-play “Pick Six” predictor game presented by Caesars Sportsbook, available to fans in the US through the official Colts’ Mobile App and at Colts.com/PickSix.

Holland America Line and Konami Gaming have completed the launch of the SYNKROS casino management system across all 11 ships in the fleet. Under the new system, guests can enjoy an array of top gaming services that optimise the slot machine experience.

Bally’s Corporation announced its completion of the previously announced acquisition of the Tropicana Las Vegas with Gaming & Leisure Properties Inc. and PENN Entertainment Inc.

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Elys Game Technology Corp announced approval by the DC Department of Small & Local Business Development (DSLBD) of the BetDupont Certified Business Enterprise Joint Venture between the Company and District Hospitality LLC in Washington, DC.

GAN’s Risk Management & Trading Solution – an integral component of GAN Sports, which is the recent winner of the “Rising Star in Sports Betting” award in the SBC North America Awards 2022 – has received the ISO 27001 certification for the “development and maintenance of its core sportsbook platform.”

Xpoint has announced a multi-million dollar round of investment funding that will support the company’s continued growth in the US, Canada and worldwide.

Light & Wonder Inc. will be unveiling the next phase of its transformation journey at this year’s Global Gaming Expo (G2E) (Oct. 10-13) at The Venetian Expo in Las Vegas, Nevada.

Partnerships

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PayRetailers Group, experts in cross-border payments with more than 250 payment methods operating from 9 offices throughout Latin America, has partnered with XBO.com, the cryptocurrency exchange making the benefits of crypto more accessible to everyone, to boost the platform’s expansion in the continent.

U.S. Integrity Inc. announced a renewal to their partnership with the University of Pittsburgh, as they aim to protect the integrity of their athletics as sports betting rapidly proliferates the US.

New Appointments

BetMGM, a leading sports betting and iGaming operator, announced the signing of Vanessa Hudgens as a celebrity brand ambassador.

Cordish Gaming Group, the gaming division of The Cordish Companies, has named Steve Nathan as Senior Vice President of Interactive Gaming, pending regulatory approvals.

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Stable Capital launch a financial advice service specifically tailored to the racing community

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Falling into cash flow problems can feel like it came out of nowhere but this is rarely the case. Spotting trends in cash flow from previous years can help identify the high and low periods.

Stable Capital helps trainers identify these lows and provide short/medium term funding that can be accessed quickly to iron out the lows and keep business running smoothly.

Every stable is different so packages are built based on the needs of the client. Crucially, interest is only paid for time period the funds are borrowed and there are no additional fees.

Having a line of credit running alongside any business also helps speedy access to allow for essential purchases like new equipment or facilities, which often are best done at a time of slow cash flow. For example, a jumps trainer in, say, August may not be reeling in the training fees at that time but needs to upgrade facilities in the yard during this slower period.

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Stable Capital, the brainchild of Ben Newton & Philip Jackson who are both long-term owners and, therefore, fully understand the mental and financial pressure of running what is, in essence, an entirely results focused business.

Racing Consultant, Harry Dunlop explains the concept: “Even the biggest optimist can see that UK horseracing is not in good health. We are open to all of the industry in treacherous times for a sport that needs support and advice…right now. I have had been through exactly this issue and so we are here for anybody in the industry that needs some short-term help.”

Philip adds: “Seasonal businesses like training need to be handled completely differently from a normal cashflow management scheme. Stable Capital are, essentially, racing fans who understand the industry. We have been open for business for about a year now and initially we kept the business under wraps but demand is now at such a point that we need to let racing industry folk know that we are here. We 100% in the mindful business and first & foremost racing fans…this is a tough industry and we are a lot more than a band aid when cash flow becomes an issue.”

The post Stable Capital launch a financial advice service specifically tailored to the racing community appeared first on European Gaming Industry News.

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The anatomy of a high-performing iGaming platform: a guide from Slotegrator

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Slotegrator, a gambling solutions provider and game aggregator, has released new downloadable material about the key components of a successful online casino platform. The guide includes practical checklists to help beginners set up platforms from scratch and experts enhance their projects.

In the iGaming industry, a project’s long-term success depends on the power and versatility of its platform. But that platform can’t be based on any old software; just like how you can’t have a car without four wheels and an engine, there are vital components to an online casino platform.

So what are they?

Let’s start with first impressions. The frontend is the “face” of a platform. Almost 75% of players judge a gambling website based on its appearance, and 88% of users won’t return after a negative experience.

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Key frontend elements include:

  • Branding (visitors should understand the idea from the first glance)
  • Navigation (everything should be simple and easy to find)
  • Transparency (players must have easy access to relevant information)
  • Localization (adoption of language, currency and cultural norms).

If the frontend is the face, the backend is the brain. It should contain all the tools for successful online casino management. A quality backend should give the operator total, real-time monitoring and control over every aspect of a business — payment processing, regulatory compliance, game statistics, player data, retention strategies, analytics, compliance, player support, and everything else.

New operators often find themselves trying to choose whether to build such a platform in-house or to outsource the job. Slotegrator’s report carefully weighs the pros and cons of each option and reaches a clear conclusion: in-house development might save a little money in the short term, but it’ll cost much more in the long run.

“We created this guide to help operators to understand what truly belongs in a successful iGaming platform. An engaging frontend and a powerful backend are essential tools for attracting and retaining players. The guide is a valuable resource for evaluating a platform’s strengths and weaknesses and building a clear promotion strategy”, says Svetlana Kirichenko, Head of Marketing at Slotegrator.

Slotegrator’s guide also includes several key checklists:

  1. Essential frontend functions
  2. Key backend features
  3. Necessary modules for platform architecture (featuring a real example of Slotegrator’s turnkey online casino platform.

Download the guide via the link.

ABOUT THE COMPANY

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Since 2012, Slotegrator has been one of the iGaming industry’s leading software and business solution providers for online casino and sportsbook operators.

The company’s main focus is software development and support for online casino platforms, as well as the integration of game content and payment systems.

The company works with licensed game developers and offers a vast portfolio of casino content: slots, live casino games, poker, virtual sports, table games, lotteries, casual games, and data feeds for betting.

Slotegrator also provides consulting services in gambling license acquisition and business incorporation.

The post The anatomy of a high-performing iGaming platform: a guide from Slotegrator appeared first on European Gaming Industry News.

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PAGCOR ORDERS TAKEDOWN OF GAMBLING BILLBOARDS

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The Philippine Amusement and Gaming Corporation (PAGCOR) has ordered the immediate dismantling of all billboards and out-of-home (OOH) gambling advertisements in its intensified efforts to regulate gambling-related promotions in public spaces.

In a memorandum issued on July 7, PAGCOR directed all licensees, suppliers, system administrators, and gaming venue operators to take down gambling ad materials, including those displayed on trains, buses, jeepneys, and taxis.

The agency emphasized that only institutional or responsible gaming campaigns—subject to PAGCOR’s approval—will be permitted moving forward.

“We have given all our licensees and stakeholders until August 15 to completely remove all gambling-related ads,” said PAGCOR Chairman and CEO Alejandro H. Tengco.

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“Prior to that, stakeholders must also submit an inventory of their existing billboard and wallscape advertisements by July 16.”

The inventory, according to Mr. Tengco, must include the size, material, location, rental contract expiration, and the corresponding permit number from the Ad Standards Council (ASC).

The PAGCOR chief said the move is part of the state gaming agency’s commitment to promote a safer and more responsible gaming environment in the country.

“While PAGCOR is mandated to regulate the gaming industry and generate revenues for nation-building, we do not want to encourage a culture of gambling addiction,” he said.

“Regulating excessive and pervasive gambling advertisements is a critical step in protecting vulnerable sectors of society, especially the youth.”

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The agency also warned against replacing the dismantled advertisements with new gambling promotions, stressing that non-compliance will be dealt with accordingly.

The post PAGCOR ORDERS TAKEDOWN OF GAMBLING BILLBOARDS appeared first on European Gaming Industry News.

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