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Gambling in the USA

Kentucky in line to legalise sports betting

Niji Narayan

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Kentucky in line to legalise sports betting
Photo Credit: AP Photo/Wayne Parry
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Kentucky, known among gamblers as the home of the Kentucky Derby horse race, is gearing up to legalise sports betting in 2019.

Republican Damon Thayer, a prominent member of Kentucky’s Senate has recently said that legislation regarding legalised sports betting is being prepared. The draft proposals are likely to be discussed in the 30-day legislative session that begins on 8 January 2019.

Thayer said that the revenue generated by sports betting will not match the revenue from slot-machine gaming, but he also believes that sports betting revenue will compete with revenue generated by casinos.

“I think we can put together a group of Democrats and Republicans to pass this bill,” Thayer said, according to Blood Horse. “I don’t want us to be one of the last states to pass sports wagering. I want us to be one of the first 10 states to pass sports wagering, and I want it to support the horse industry.”

The push for legalisation is a direct result of the U.S. Supreme Court’s ruling in May which struck down a two-decades-old law that prohibited states from legalising sports betting. The high court ruled 7-2 that the U.S. federal government cannot tell states that they could not legalise the practice.

So far, New Jersey, Delaware and Mississippi are the only states outside of Nevada to launch fully legal sports betting since the court’s ruling, and gaming companies with an eye towards the future already have begun their push into what could be a potential $500 billion market, according to the American Gaming Association.

Meanwhile, another four states – New York, Pennsylvania, West Virginia and Rhode Island – have passed bills that have not been implemented, and another 14 states have introduced bills that have not yet passed, according to ESPN.

 

Source: thestreet.com

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

GAN Reports Internet Gambling Growth in New Jersey for June 2019

Niji Narayan

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GAN Reports Internet Gambling Growth in New Jersey for June 2019
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GAN plc has updated the market following the publication on July 13, 2019, by the New Jersey’s Division of Gaming Enforcement (DGE) of Internet gaming and Internet sports betting financial information for the month of June 2019 in New Jersey.

DGE highlighted that internet gaming win was $38.1 million in June compared to $22.7 million in the prior year period, reflecting a year-over-year increase of 67.8%. Total internet sports wagering handle was approximately $226.7 million for the month of June, compared to $263.6 million in May.

Gross revenues from the internet sports wagering for the month of June were $6.9 million, compared to $13.7 million for the month of May.

This information is updated and published every month, following publication by the DGE, in order to enable the investor community to readily monitor the growth of Internet gambling in New Jersey, which remains a key market for GAN.

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Gambling in the USA

Gaming Arts All Set for OIGA Conference and Trade Show 2019

Niji Narayan

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Gaming Arts All Set for OIGA Conference and Trade Show 2019
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Gaming Arts LLC is going to present its innovative Class III video reels and SuperPROMO™ at the OIGA Conference and Trade Show (OIGA), in association with Gaming Capital Group.

“OIGA presents a significant opportunity to support Oklahoma’s tribal gaming enterprises. We are thrilled to present our unique and innovative line up of video reels and casino marketing promotional tools to our tribal partners,” Mike Dreitzer, President of Gaming Arts said.

Gaming Arts will display its inaugural collection of Class III slots including the Pop’N Pays®, Da Fa Ba™, and Dice Seeker™ series of games, all of which will showcase the Rocket Rollup™ mystery progressive. The Pop’N Pays series of games, namely Piñatas Olé® and Big Top™, are the first to emerge from the Gaming Arts library with more than 80 cabinet placements in the United States and growing.

SuperPROMO™, the world’s first casino-wide interactive promotional game system, will demonstrate a new method of casino promotion through four fully customisable mobile games that can be presented to players for virtually any type of promotion.

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Gambling in the USA

NetEnt games live in Pennsylvania, USA

George Miller

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NetEnt games live in Pennsylvania, USA
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As expected, the new regulated online gambling market in Pennsylvania has opened. After successful integrations, NetEnt’s games are now live in the US state.  

 

In March this year, NetEnt, through its subsidiary NetEnt Americas LLC, was granted an Interactive Gaming Manufacturer Conditional License by the Pennsylvania Gaming Control Board (PGCB).

Pennsylvania is the second large US state to regulate online casino and with almost 13 million people, it is the fifth largest state by population. The state has a long tradition of gambling on the land-based side. As previously communicated, NetEnt has signed customer agreements with several gambling operators in the state and has been preparing to launch its games as the market opens.

“I am very pleased that the market in Pennsylvania has now opened. We are one of the few online casino suppliers offering our games right from the start, and I am convinced that our award-winning online casino games will be much appreciated by players in Pennsylvania,” says Erik Nyman, Managing Director NetEnt Americas LLC.

 

About NetEnt:

NetEnt Americas LLC is a US subsidiary of NetEnt AB (publ), a leading digital entertainment company, providing premium gaming solutions to the world’s most successful online casino operators. Since its inception in 1996, NetEnt has been a true pioneer in driving the market with thrilling games powered by a cutting-edge platform. NetEnt is committed to helping customers stay ahead of the competition, is listed on NASDAQ Stockholm (NET–B) and employs 900 people in Malta, Stockholm, Kiev, Krakow, Gothenburg, Gibraltar and New Jersey. www.netent.com

 

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