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Gambling in the USA

Caesars provide details of Pennsylvania gaming plans

Niji Narayan

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Caesars provide details of Pennsylvania gaming plans
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Caesars Entertainment, which owns Harrah’s Philadelphia one of the three companies that obtained interactive gaming licenses from the Pennsylvania Gaming Control Board (PGCB), has offered details of its upcoming offerings for the state.

For starters, PGCB issued interactive gaming license to three companies: Parx Casino, Harrah’s Philadelphia, and Mount Airy Resort Casino. Each of the companies spent $10 million to apply for all three available license types: online poker, online casino games, and online slots. Caesars Entertainment offered some insight into what they plan on doing once Pennsylania’s online gaming industry launches.

 “We’re very bullish on the offering online gaming provides our guests and are excited for the opportunity Pennsylvania presents,” said CIE’s vice president of online casino Melanie Gross. “We have a wealth of knowledge and experience from our six years in the online gaming space in the US and believe we’ll be able to hit the ground running in Pennsylvania when online gaming commences in the state.”

Caesars’s big internet gaming brand is WSOP.com, which it plans to launch with the Harrah’s Philadelphia branding. Games will be offered on PC and mobile devices and will include the following, per the company’s statement:

  • Cash games, Sit & Go’s, Satellites and Multi-table Tournaments
  • Buy-ins for cash games that start as low as 1¢-2¢ and tournaments that start at $1.10
  • Freeroll tournaments for players of all levels
  • Limit and No-Limit Hold’em with full table and short-handed games, plus the popular Omaha variant including Omaha Hi-Lo, as well as Seven Card Stud.

 Pennsylvania’s online gambling law permits interstate compacts, so expect Caesars/Harrah’s Philadelphia to link up WSOP.com to its network in other states at some point. WSOP.com has sites in both Nevada and New Jersey (using 888’s software) and players from both states sit at the tables together. Players from Delaware are also in the pool, though they play at three racetrack-based online poker rooms, all powered by 888.

The WSOP.com/888 network is easily the largest of the United States poker rooms with a seven-day average of 190 cash players, according to PokerScout.com. PokerStars New Jersey is the second-largest, with 100 fewer players.

On the table games and slots side, Harrah’s Philadelphia will operate CaesarsCasino.com in Pennsylvania. Games included are the usual array, like blackjack, roulette, video poker, video slots, and baccarat.

 “We thank the Pennsylvania Gaming Control Board and look forward to continuing to work together on the next steps in bringing online gaming to Harrah’s Philadelphia,” said Chris Albrecht, senior vice president and general manager of Harrah’s Philadelphia. “We see this as a great opportunity to bring new customers into our Total Rewards network and for all customers to play with us both online and at the property.”

Six other Pennsylvania casinos filed applications for all three types of online gaming licenses: Sands Casino Resort Bethlehem, Hollywood Casino at Penn National Race Course, Valley Forge Casino Resort, Live! Hotel and Casino Philadelphia, Rivers Casino, and Sugarhouse Casino. Their applications will be considered within the next couple months.

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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Gambling in the USA

Tim Wilmott Steps Down as Chairman of AGA

Niji Narayan

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Tim Wilmott Steps Down as Chairman of AGA
Photo Source: linkedin.com
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Tim Wilmott has retired from the American Gaming Association as its chairman. The legalisation and expansion of sports betting has been a key marker of Wilmott’s term.

He told AGA members: “Once PASPA happened everything changed,” referring to a Supreme Court ruling that overturned a ban on sports betting. Since then, 13 states so far have launched legalised sports betting operations in casinos, racetracks and on mobile devices.

Wilmott, CEO of casino company Penn National Gaming, said the industry’s relations with the government had become even more important with the advent of sports betting. A bill seeking federal sports betting control is now in the Senate.

Wilmott said that during his tenure and that of his previous chairman, the profile of AGA membership had changed and it had broadened as a result of work headed by CEO Bill Miller and his predecessor.

He was speaking to members at the conclusion of the 2019 G2E trade show that had attracted 30,000 gaming professionals to Las Vegas.

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Compliance Updates

DC Judge Refuses to Halt DC Lottery’s Controversial Deal with Intralot

Niji Narayan

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DC Judge Refuses to Halt DC Lottery’s Controversial Deal with Intralot
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DC Superior Court Judge John Campbell has refused to halt the DC Lottery’s controversial deal with tech provider Intralot.

Last month, a different DC judge issued a temporary restraining order on Intralot’s deal based on a request by DC resident Dylan Carragher, a software developer who filed a lawsuit to force DC to hold a competitive tender for the betting contract.

Judge Campbell justified his refusal to honour Carragher’s injunction request by saying he did not think Carragher’s lawsuit will succeed. Campbell added that “it clearly and unquestionably was within the Council’s authority” to waive the competitive bidding requirement. Carragher has already indicated that he will appeal Campbell’s ruling, so the action now shifts to the DC Court of Appeals.

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Gambling in the USA

GAN Reports September 2019 Internet Gambling Growth For Pennsylvania

George Miller

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GAN Reports September 2019 Internet Gambling Growth For Pennsylvania
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GAN plc, an award-winning developer and supplier of enterprise-level B2B Internet gambling software, services and online gaming content in the United States, today updated the market following the publication on October 17, 2019, by the Pennsylvania Gaming Control Board (“PGCB”) of Internet gaming and Internet sports betting financial information for the calendar month of September 2019 in Pennsylvania.

Highlights from the PGCB include:

  • Internet Gaming Win was $6.0 million in September, compared to $4.0 million in the prior sequential month, reflecting an increase of 48.2%.
  • Total Internet Sports Wagering Handle(1) was approximately $153.6 million for the month of September, compared to:

– $83.2 million for the month of August;

– $39.0 million for the month of July; and

– $19.3 million for the month of June.

  • Internet Sports Wagering Gross Revenues(2) (after payouts) for the month of September were $13.4 million, compared to:

– $6.3 million for the month of August;

– $2.9 million for the month of July; and

– $1.4 million for the month of June.

  1. Gross amount of money accepted in wagers
  2. Internet Sports Wagering Gross Revenues may vary from month to month due to the payouts for future events occurring months after the original wager was made and unredeemed winning wagers from prior months will become deductible upon redemption in future months

This information will be updated and published each month, following publication by the PGCB, in order to enable the investor community to readily monitor growth of Internet gambling in Pennsylvania, which remains a key market for GAN.

 

About GAN Plc:

GAN is a leading business-to-business (“B2B”) supplier of internet gambling software-as-a-service solutions (“SaaS”) to the US land-based casino industry. The Company has developed a proprietary internet gambling enterprise software system, GameSTACK™, which it licenses principally to land-based US casino operators as a turnkey technology solution for regulated real-money internet gambling, encompassing internet gaming, internet sports gaming and virtual Simulated Gaming. The Company has also launched digital user acquisition & retention marketing in support of the Internet Casino (https://casino.winstar.com) provided by GAN’s Digital Marketing Agency in Tel Aviv, Israel.

GAN is listed on the London Stock Exchange (LSE: GAN).

For more information please visit www.GAN.com.

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