Connect with us
SIS

Gambling in the USA

LAS VEGAS – RE-LAUNCH OF THE STRIP, an important discussion at Sports Betting & Casino Summit North America 2020

Zoltan Tundik

Published

on

Reading Time: 6 minutes

The top industry companies have all confirmed their interest to join the Sports Betting & Casino Summit North America (Virtual Conference), which will open its virtual doors between 23-24 June

The virtual seats are limited, so hurry and register now to secure your seat(s)! REGISTER HERE

Lasvegassun.com has released an interesting editorial which is titled “Sights and sounds of Vegas give us hope for a full recovery”, and we can directly tie this piece with one of the most interesting land-based industry related panel discussions at Sports Betting & Casino Summit North America (Virtual Conference).

After the Bellagio fountains are now back to life with a playing of “Simple Gifts” to honor the Las Vegas front-liners who have protected the city during the pandemic, MGM Resorts International made another spot-on choice for the follow-up song. This is of course an anthem of the fabulous city, “Viva Las Vegas”.

Las Vegas is already booming and WADE VANDERVORT, of Lasvegassun.com wrote it so beautifully as we would not change anything:

“…it was a godsend to see waters dancing, lights twinkling and guests coming through the doors in the resort corridor and downtown. After 78 days of eerie quiet, Las Vegas took its first steps to recovery.

It’s a moment of hope and a reminder that our community has rebounded from crisis and tragedy before.”

Besides the Bellagio fountains, the gondolas are also gliding along the faux canals at The Venetian.

Up and down Las Vegas Boulevard, from Wynn Las Vegas at the north end to New York-New York and MGM Grand on the south end, gamblers are sliding bills into slot machines and wagering chips at blackjack and roulette tables.

Life is slowly returning to normal in Sin City.

As mentioned above, at Sports Betting & Casino Summit North America (Virtual Conference) we will discuss the subject, and the “LAS VEGAS – RE-LAUNCH OF THE STRIP” panel discussion has some very important guests who are joining us on the 23rd of June to share their insights.

The panel discussion is joined by Jay Kornegay (Vice President Race & Sports Operations – Westgate LV Resort & Casino), Seth Schorr (CEO of Fifth Street Gaming and Chairman of Downtown Grand Hotel & Casino) and Matthew Holt (President at U.S. Integrity), and will be moderated by Benjie Cherniak (Managing Director of SG Digital’s Don Best Sports group).

Do not miss this unique opportunity to attend a virtual conference that gathers all North American gaming industry experts for 2 days of discussions and networking. Register your seat now!

Jay Kornegay – Vice President Race & Sports Operations – Westgate LV Resort & Casino

Jay Kornegay is Vice President of the LVH – Las Vegas Hotel & Casino SuperBook. He has more than 26 years experience in the race and sports book industry. Jay graduated from Colorado State University in 1987 with a bachelor’s degree in Restaurant Business Management. Always intrigued by gaming, Jay moved to Nevada later that year to start his path in that field.

Starting in Lake Tahoe and soon afterwards moving to Las Vegas, Jay has worked at four major sports books. He opened the Imperial Palace sports book in 1989, which soon turned into one of the more popular sports books in the state of Nevada.

In 2004, Jay took the reins of the LVH SuperBook. As the world’s largest race and sports book with over 30,000 square feet, the SuperBook is one of the top sports books in Nevada. Over the years, the SuperBook has won numerous awards and often represents the Las Vegas market with national media outlets. It is known for its aggressive nature and being a player-friendly book by offering fair odds to guests. The LVH SuperBook is also known for offering Nevada’s largest wagering menu by posting many 2nd/3rd tier sports, as well as having an international flavor. In addition, the SuperBook hosts the “SuperContest,” which is recognized as the most prestigious pro football handicapping contest. For the fourth consecutive year, the “SuperContest” set a record for number of entries and marked the most entries ever this past football season at 1034.

Jay resides in Las Vegas with wife Pam, daughter Cara and son Nicholas. He is also well known for shooting a 36 on the front nine and a 59 on the back nine.

Seth Schorr – CEO of Fifth Street Gaming and Chairman of Downtown Grand Hotel & Casino

Seth Schorr is CEO of Fifth Street Gaming and Chairman of Downtown Grand Hotel & Casino. The urban casino resort is the embodiments of Schorr’s vision to create a downtown Las Vegas hospitality experience delivering a superior guest experience and a genuine sense of community.

Since beginning his career in gaming and hospitality in 1991, Schorr served as an integral member of the Wynn Resorts team, developing the international marketing department in Macau, the interactive gaming division, and The Wynn Collection of Fine Art. Earlier in his career, Schorr also worked in numerous capacities at Mirage Resorts including positions at Bellagio Hotel & Casino, The Mirage Hotel & Casino, and Treasure Island Hotel & Casino.

Schorr and his partner, Jeffrey Fine, co-founded Fifth Street Gaming which owns and operates five casinos. The principals of Fifth Street Gaming also control, through its affiliate, the LEV Restaurant Group, a food and beverage operation that owns and manages more than 50 restaurants in the Las Vegas area and Southern California including The Coffee Bean & Tea Leaf, Jamba Juice, Lobster ME, JaBurritos, Daily Kitchen, Evel Pie, and Golden Tiki.

In early 2015, Schorr was introduced to the world of eSports and lead the effort of developing the first fully integrated eSports program in a casino resort at The Downtown Grand. The Downtown Grand’s eSports program has included weekly eSports contests, team residencies and sponsorships, a weekly broadcast and professional tournaments. Schorr sits on the board of GameCo and advised on the development and launch of the world’s first video game slot machine. In 2017 Schorr launched Commercial Streaming Solutions which developed a patent-pending media platform, KonekTV, that provides streaming content, including Esports and sports betting content, to retail venues. Schorr is a founder of the Nevada Esports Alliance and continues to be a leader in the convergence of Esports and sports gambling. Schorr is the co-founder of The Strategy Organization: a Modern Gaming and Hospitality consulting firm.

Schorr is a graduate of the University of Pennsylvania, is a member of YPO and sits on numerous boards including those for The Las Vegas Natural History Museum, Nevada Restaurant Association, Jewish Federation of Las Vegas, the Advisory Board of The Smith Center for Performing Arts, One Night for One Drop and was appointed by Governor Sandoval to serve on Nevada State Board of Museums & History. He is also an executive board member and Chairman of the Communications Committee of the Downtown Las Vegas alliance. Schorr is an avid cyclist, amateur photographer and has two little angels Dax (10) and Mia (9). Most importantly, Schorr recently married Dr. Emily Schorr.

Matthew Holt – President at U.S. Integrity

Originally from New Hampshire, Mr. Holt originally honorably served in the United States Air Force. Once completing his term in the Air Force Mr. Holt attended Morehead State University, obtaining a sports marketing degree before taking up residence in Las Vegas, Nevada. Mr. Holt founded U.S. Integrity, LLC. based out of Las Vegas, Nevada. U.S. Integrity is the gold standard of game integrity and fraud prevention services in the United States. Mr. Holt and his team at US Integrity have built innovative, technology based solutions that allow for easy accessible data and analytics for fraud prevention and game integrity monitoring.

Benjie Cherniak – Managing Director of SG Digital’s Don Best Sports group

Benjie Cherniak is the Managing Director of SG Digital’s Don Best Sports group, a leading provider of sports information products and services relevant to the North American sports betting industry. Benjie oversees the company’s sports information platform, automated data distribution, live pricing, and ancillary consulting services.

Following the acquisition of Don Best by Scientific Games, Benjie has accelerated the growth of OpenBet, the company’s sports betting platform, by integrating Don Best’s world-class pricing services into the technology. Don Best’s trading and pricing expertise have seamlessly become an integral part of SG Digital’s core offering.

Prior to joining Scientific Games, Benjie spearheaded Don Best’s international growth via tailored solutions to tier-one sportsbook operators in the United States, Europe, Asia, Latin America and beyond. Under Benjie’s supervision, Don Best introduced (a) a proprietary pricing product for North American based sports that rapidly established itself as the industry standard; and (b) a data integrity offering to assist North American based sport leagues in identifying potential fraudulent betting patterns.

With 15 years of industry experience, Benjie is a leading voice in the emerging US sports betting industry from both an operational and legislative perspective.

Gambling in the USA

Lightning Box signs up with Konami Gaming

George Miller

Published

on

Lightning Box signs up with Konami Gaming
Reading Time: < 1 minute

 

Sydney studio’s Chicken Fox, Silver Lioness 4x and Eagle Sun to go live in U.S. land-based casinos

Specialist slots provider Lightning Box has reached an agreement with Konami Gaming, Inc. to supply the Las Vegas-based manufacturer with several of its most popular titles.

Konami enjoys a strong presence in the U.S. market and the collaboration will see three of the Australian provider’s best-performing games, Chicken Fox, Silver Lioness 4x and Eagle Sun go live in land-based casinos there in early 2021.

It will also further enhance Lightning Box’s presence in North America, having launched with British Columbia Lottery Corporation (BCLC) and Ruby Seven Studios’ social casinos earlier this year, as well as establishing a successful foothold in New Jersey’s online market.

Peter Causley, CEO and co-founder of Lightning Box, said: “This is another significant deal for us as we continue to expand on three fronts in North America: land-based, online and social.

“Konami has established a very strong customer base in the US and we’re really looking forward to the reaction of casino players, who can now enjoy our games in more places than ever.”

Victor Duarte, Senior Vice President & Chief Product & Strategy Officer at Konami Gaming, Inc., said: “Like us, Lightning Box has a proven track record in the United States, and it made sense to team up with them to deliver more great gaming content on our gaming machines.”

Continue Reading

Gambling in the USA

Gaming Americas Weekly Roundup – July 27-August 2

Niji Narayan

Published

on

Reading Time: 2 minutes

Welcome to our weekly roundup of American gambling news again! It was again an eventful week at the USA, despite the still-active virus attack.

Here, we are going through the weekly highlights of the American gambling industry which include the latest news, financial results and new partnerships. Read on and get updated.

Latest News

Unibet, part of the Kindred Group, has officially entered into the Indiana Sports Betting Market. Unibet is now available to bettors in the Hoosier State, adding to Indiana’s already impressive sports betting landscape.

Online casino and sports betting operator Rush Street Interactive (RSI) and blank-check company dMY Technology Group have announced that they have entered into a definitive merger agreement. As a result of the transaction, RSI will become a publicly listed company on the New York Stock Exchange.

Financial Results

Newgioco Group has announced its operating and financial results for the first quarter of 2020. The Company reported a strong quarter in spite of global economic difficulties and shutdowns caused by the COVID-19 pandemic. Newgioco reported a year over year increase in revenue from $9.3 million to $10.2 million generated from $116 million in turnover (betting handle) during Q1 2020 which represents an increase in revenue of 9.8% over Q1 2019.

Partnerships

FanDuel Group has entered into a multifaceted, betting-focused partnership with The Ringer. As part of the deal, FanDuel has been designated the exclusive sportsbook, racing and fantasy sports partner of the multimedia sports and pop culture content hub created by Bill Simmons.

Transaction technologies supplier JCM Global has entered into a partnership agreement with Cash Processing Solutions which enables JCM to supply advanced high-speed count/sort equipment and cash management software in North America.

Global Payments Gaming Solutions, a division of Global Payments, has announced that Wynn Resorts has implemented its suite of igaming solutions for use in the New Jersey online gaming market. Through Global’s igaming solutions, Wynn Resorts can enable a multi-channel approach, with an online casino and sports betting.

Acquisitions

Mozzart, one of the leading sports betting and gaming companies in Eastern Europe, has acquired Meridianbet, the betting firm licensed by Colombian regulator Coljuegos since 2018. Meridianbet has been rebranded as Mozzartbet.

HeadsUp Entertainment International Inc has entered into the final stage of negotiations to acquire a licensed online sportsbook and online casino platform. HeadsUp revealed that is in the final stages of a deal to acquire between 50% and 100% of shares of the company, which has processed over $110m in wagers and reported over $5.2m in revenue in the past four years.

Soo Kim, the co-founder of hedge-fund giant Standard General, has scooped up three casinos on the cheap since the pandemic struck in March. The three acquired casinos are Bally’s Atlantic City Hotel & Casino, Eldorado’s namesake property in Shreveport and Eldorado’s Montbleu in Lake Tahoe.

New Launching

Video Gaming Technologies (VGT) has launched its first-ever The Hunt for Neptune’s Gold lounge at Osage Casino Hotel, Tulsa on July 31. The 1100 square foot gaming space is adjacent to the hotel lobby and offers 32 of The Hunt for Neptune’s Gold games on the Helix XT cabinet.

Churchill Downs Incorporated has announced that it will launch its BetAmerica sports betting and iGaming platform in Michigan through a partnership with the Hannahville Indian Community.

Compliance

Las Vegas-based GameCo LLC has received a Casino Service Industry Enterprise License from the New Jersey Division of Gaming Enforcement. The company is now able to bring its diverse portfolio of esports betting, skill-based iGaming and Video Game Gambling products to casinos and sportsbooks in New Jersey.

Continue Reading

Gambling in the USA

Habanero strikes Rush Street Interactive deal

George Miller

Published

on

Habanero strikes Rush Street Interactive deal
Reading Time: 2 minutes

 

Supplier debuts games with high-profile online operator in Colombia – with US social casino to follow

Premium slots and table games provider Habanero has announced an agreement with Rush Street Interactive (RSI), the first United States-based gaming operator to launch a legal and regulated online sportsbook on a national basis in Latin America and a market leader in online casino and sports betting in the United States.

The Chicago-based company is known among its industry peers as the preeminent operator in the US online gaming market, having won the EGR North America “Mobile Operator of the Year” Award for 2019 as well as “American Operator of the Year” and “Casino Operator of the Year” at the 2019 American Gambling Awards.

Under the agreement, more than 50 titles from Habanero’s portfolio of engaging slots and table games have been launched on Rush Street Interactive’s RushBet.co, as well as taking its full portfolio of 170 games live with the group’s US-based social casinos in the near future.

The deal sees the supplier’s immersive gaming suite reaching a US audience for the first time, in addition to extending its LatAm reach following a string of major continental partnerships.

Commenting on the deal, Vera Motto, Business Development Executive at Habanero said:We are thrilled to partner with Rush Street Interactive, a highly acclaimed group with an impressive multi-brand portfolio.

“We’re honoured to have been selected by an operator with such high standards and see this as testament to our record-breaking expansion over the past year. We look forward to a long and productive relationship together, especially when it comes to the US.”

Omar Calvo, GM at Rushbet.co added: “Habanero is a premium quality provider with a widely celebrated product suite, so we are delighted to partner with them as we continue to grow our existing catalogue of games for our players to enjoy.

“The supplier’s innovative slots and table games catalogue fits perfectly with our commitment to offer our players the most exciting mobile playing experience in Latin America, and we look forward to a productive commercial relationship across the Americas.”

Continue Reading
Advertisement
NSoft

Global Gaming Industry Newsletter – Weekly Digest (sent every Wednesday)

Please select all the ways you would like to hear from European Gaming Media and Events:

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here. Read more about European Gaming Media and Event's Privacy Policy and Terms of Service.

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Trending

Notice for AdBlock users

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.