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Gambling in the USA

New Jersey reports revenue fall in October

George Miller

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New Jersey reports revenue fall in October
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The DGE announced October’s gaming revenue results that show New Jersey experienced a slight decrease.

 

The Division of Gaming Enforcement (DGE) of New Jersey revealed that based upon filings, casino win from the industry, including the discontinued operator Trump Taj Mahal, for October was US$185.8 million, a 0.3 percent decrease when compared to the US$186.4 million totaled in October 2016.

With online gaming win totaling US$10.6 million last month, an increase of 23.4 percent over the same period a year before, the industry’s total gaming win for the month was US$206.4 million, up from the US$203 million in October 2016, or a 1.7 percent increase.

Year-to-date numbers indicate that casino win gathers US$2.041 billion through October 2017, which increased if compared to the US$2.036 registered in the prior period, reflecting a 0.3 percent increase.

New Jersey’s regulated online casinos totaled US$20.6 million in October and set an eight consecutive month over the US$20 million mark. With two months to spare in 2017, it hit the US$200 million mark in gross revenue for the year and broke the annual revenue record. Online casinos generated US$204.2 million in gross revenue through October 31 and surpassed the US$196.7 million that was accomplished in the 12 months of 2016.

Total gaming win increased to US$2.245 billion, a 2.2 percent up when compared to he same period last year. The current operators in Atlantic City, excluding Trump Taj Mahal, increased their numbers 0.2 percent to US$185.8 million in October. Total gaming win was US$206.4 million, a 2.1 percent up over the same month last year. Year-to-date information indicate that current operators’ casino win was US$2.041 billion, a 6.8 percent increase, whilst total casino win was US$2.245 billion, 8.4 percent up.

For the month of October 2017, total gaming taxes were US$16.3 million. Total gaming taxes reflect 8 percent of taxable casino gross revenue and 15 percent of Internet gaming gross revenue. In addition, the casino industry incurred US$2.8 million in Investment Alternative Tax Obligations, which reflects 1.25 percent of casino gross revenue and 2.5 percent of Internet gaming gross revenue,” said the report released by the DGE.

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Gambling in the USA

Evolution Selected for PointsBet US Live Casino Rollout

George Miller

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Evolution Selected for PointsBet US Live Casino Rollout
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Evolution Gaming, leading provider of Live Casino solutions, announced today that it has been selected by PointsBet, a premier global sportsbook operator, for its rollout of Live Casino services in the US online gambling market.

Originally founded in Australia, PointsBet is currently operational in New Jersey, Indiana, and Iowa, offering both online and land-based sports betting. PointsBet entered the US market in July 2018 when it gained a commercial licence to operate as an online corporate bookmaker in New Jersey and commenced taking bets in the Garden State in January 2019. Since then, PointsBet has built a national footprint by entering into a number of other agreements to expand US operations into other states, subject to the passing of enabling legislation.

Evolution opened its first US Live Casino studio in Atlantic City, New Jersey, in August 2018. A second Evolution studio is currently under construction in Pennsylvania with go-live scheduled for H2 2020, as well as a third in Michigan, scheduled for go-live in 2021.

Commenting on the partnership, Seth Young, Chief Innovation Officer at PointsBet, stated: “We are thrilled to partner with Evolution Gaming to launch Live Casino technology in US jurisdictions, where we plan to offer our proprietary online casino platform. The addition of Evolution Live Casino extends the appeal of PointsBet’s premium product in the rapidly growing US market.”

Sebastian Johannisson, Chief Commercial Officer at Evolution Gaming, added: “Evolution’s Live Casino portfolio offers PointsBet a rich mix of world-leading online Live Casino games including classic table games, online Poker variants that are big favourites with US players, and our new generation of award-winning, record-breaking game show games. In addition, PointsBet will have the option of exclusively branded dedicated tables and environments, should they require these.”

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Gambling in the USA

Virginia Lottery launches IWG games becoming the Company’s 23rd WLA/NASPL iLottery launch

George Miller

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Virginia Lottery launches IWG games becoming the Company’s 23rd WLA/NASPL iLottery launch
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Long-standing collaboration with NeoPollard produces fastest integration to-date

Today IWG digital instant win games launched on the Virginia Lottery’s iLottery gaming platform, making it the 23rd WLA/NASPL-member lottery to launch the instant win supplier’s games portfolio. The integration took just weeks to complete, a timeline made possible by the long-standing collaboration between IWG and NeoPollard Interactive, the Virginia Lottery’s iLottery platform provider.

Following the execution of a five-year contract agreement, the completion of a streamlined integration process, and the implementation of IWG’s locally-deployed Remote Game Server (RGS), the Virginia Lottery has elected to roll out the provider’s top-performing games. An extensive portfolio of games is planned into the Lottery’s roadmap.

Among the titles now available to Virginians is Cash Expander, a customized game from IWG that has been designed specifically for the Virginia Lottery. The gameplay, which utilizes the developer’s core ‘match three cluster’ mechanic, includes gold, silver and bronze Virginia state symbols that activate the bonus round when three appear on-screen.

The release of Virginia Cash Expander marks the fourth iteration of this instant win game appearing in the North American iLottery market, following previous localized versions in Michigan, New Hampshire and Pennsylvania. These custom-made releases have proven hugely successful, with players appreciating the content that’s been adapted for their own respective markets.

The launch of instant win games with the Virginia Lottery highlights the supplier’s impressive lottery client network, with its content already live across the growing North American iLottery markets, including Georgia, Kentucky, Michigan, New Hampshire, and Pennsylvania in the US, and the Atlantic Provinces, Québec, and British Columbia in Canada.

Rhydian Fisher, IWG CEO, said: “We’re so excited to be live in Virginia, our 23rd iLottery launch. The Virginia Lottery and its entrepreneurial approach to iLottery combined with the support of its platform vendor, NeoPollard, made it possible for us to execute a contract, integrate our RGS platform, and localize a set of games, all in a very short period of time. Clearly, the leading iLottery platforms have proven they can support the integration of independent game providers, like IWG, right during a program’s initial launch.”

Kevin Hall, Executive Director of Virginia Lottery, said: IWG has done a tremendous job delivering the first of many games from its portfolio to the Virginia Lottery. They, along with our partners at NeoPollard, completed this integration within a very demanding timeline. Having seen the success of Cash Expander with other lotteries in North America, we’re confident our own localized version will also appeal to a wide range of players here in Virginia.”

 

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Gambling in the USA

AGA to Report on Q2 U.S. Commercial Casino Gaming Revenue

George Miller

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AGA to Report on Q2 U.S. Commercial Casino Gaming Revenue
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The American Gaming Association (AGA) will host a press call on Thursday, August 13, 2020 at 11:30 a.m. EDT to provide an overview and analysis of the commercial gaming industry’s financial performance during Q2 2020. Data discussed will include national and state gross gaming revenue (GGR) broken down by gaming vertical.

 

WHO:          Bill Miller, AGA president and CEO.

 

WHAT:        Press call to discuss commercial casino GGR from Q2 2020 and YTD.

 

WHEN:          Thursday, August 13, 2020 at 11:30 a.m. EDT.

 

WHERE:      Register for the Zoom call here.

 

About the Report

AGA’s new Commercial Gaming Revenue Tracker provides state-by-state and cumulative insight into the U.S. commercial gaming industry’s financial performance based on state revenue reports. The first issue highlights second quarter results, ending June 30 (Q2 2020), and year-to-date comparisons.

 

 

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