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The Mayweather-McGregor fight boosted Nevada’s revenue

George Miller

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The Mayweather-McGregor fight boosted Nevada's revenue
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According to figures released by the Nevada Gaming Control Board, the US state posted a 15% year-on-year surge in gambling revenue during August, due in part to increased sports betting activity.

 

Overall gaming revenue in Nevada amounted to $989.5m (€841.1m) in August, up more than $120m on the $861.1m in the corresponding month last year.

The Strip area of Las Vegas experienced the largest growth, with revenue up by 21.35% year-on-year, although North Las Vegas, Laughlin, Boulder Strip and Mesquite also saw revenue climb in the month.

Analysts have put the impressive year-on-year growth down to a higher level of sports betting in the month, boosted by the high profile boxing match between professional boxer Floyd Mayweather and mixed martial arts fighter Conor McGregor.

The bout took place on August 26 at the T-Mobile Arena on the Las Vegas Strip, with Mayweather coming out on top.

However, despite the revenue figure representing a year-on-year increase, it is down on the $998m collected in July this year.

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The Key to Stronger Partnerships and Offer Extension: MaxBill’s Solution for Gaming

George Miller

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The Key to Stronger Partnerships and Offer Extension: MaxBill’s Solution for Gaming
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MaxBill is excited to announce the release of a new whitepaper, dedicated to revealing the company’s vision for driving gaming businesses to further success. We are confident, that the recent years’ rapid expansion of the industry should be supported by the operational changes across all levels. To grow smoothly and organically, each company needs to have a strong back-end, that will ensure its scalability.

The whitepaper covers the main aspects of the essential functionality of the modern cloud-based partner management and billing solution for gaming. It goes into detail about the advantages of the process automation in a revenue calculation, shortening the invoicing cycle and creating better reporting and mutual settlements transparency for any number of contracts. We also included the segment on the importance of the 4 eyes principle and teased the new forecasting module, that has been developed specifically for gaming providers.

MaxBill understands the uncertainty that surrounds the integration of the new system in large enterprises, that is why we made sure to provide opinions of major gaming companies that already use our customized approach to billing and partner management. Two gaming giants, 888 and NetEnt, have been collaborating with MaxBill for a long time now. Their testimony reveals how switching to the single-platform system has helped them to create a better business environment and grow sustainably.

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OneTouch Partners with Big Wave Gaming to Launch Wild Wild West 2120

Niji Narayan

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OneTouch Partners with Big Wave Gaming to Launch Wild Wild West 2120
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Mobile-first games developer OneTouch has partnered with the third-party games studio Big Wave Gaming to launch Wild Wild West 2120.

The 5×3 title transports players to a futuristic Wild West in pursuit of a prized bounty, with a Free Games round where two of the reels turn into Wilds and multiple jackpots can be won with a single spin.

“We’re delighted to saddle up with our valued partners at Big Wave Gaming to create Wild Wild West 2120, an enthralling new game with a fantastically inviting theme. The company has enjoyed impressive success in the social games space, so we have no doubt that this new title will perform strongly,” Ollie Castleman, Head of Marketing at OneTouch, said.

“OneTouch’s cutting-edge portfolio of mobile games is packed full of quality and innovation, so it’s fantastic to team up with the company for the epic Western adventure that is Wild Wild West 2120. We’ve experienced huge success in the social casino market and beyond, and expect this collaboration to be the first of many,” Ivan Rungkat, Managing Director at Big Wave Gaming said.

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Ukraine’s Cabinet of Ministers Approves Establishment of Gambling Commission

Niji Narayan

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Ukraine’s Cabinet of Ministers Approves Establishment of Gambling Commission
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Ukraine’s Cabinet of Ministers has approved the establishment of a gambling Commission to regulate gambling and lotteries. Its work is scheduled to launch in November this year.

The Gambling Commission will issue licenses, monitor and control the activities of gambling business operators.

“The launch of the commission will make it impossible for illegal gambling establishments to operate under the guise of state lotteries. And the legalization of gambling will stimulate the economy, attract investment, create additional jobs and receive a significant source of additional revenue,” the Ministry reports.

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