Playtech, the world’s leading gambling technology company, today announces it has launched its award-winning Casino content with long-term strategic partner, bet365, in New Jersey.

The launch sees bet365 go live with a selection of Playtech’s best-performing games including Playtech classics like White King, Great Blue, and Frankie Dettori’s™ Magic Seven.

The partnership marks the first step for Playtech into the US market, with plans to partner with more New Jersey operators in the coming months. This follows Playtech securing regulatory approval for the market just last month. Playtech has also started the licensing process in other US jurisdictions.

bet365 entered the New Jersey market in 2019 and has since been providing its sportsbook and online casino to customers in the state.

A bet365 spokesperson, said: “We’re excited to partner with Playtech in order to expand our content offering to the US market. Given the range and caliber of Playtech’s content, being first to market it is a real differentiator for our platform. We look forward to developing upon our already solid partnership as we continue to grow our Casino offering.”

Shimon Akad, Playtech Chief Operating Officer, said: “This is a significant moment for Playtech and our development in the US. Launching Playtech’s software in the US is a landmark, and we are very pleased to be taking this step with one of our most trusted partners in bet365. With more titles and content launching in the coming weeks and months, there are exciting times ahead. This launch also serves as a prime example of our commitment to partnering with leading operators to bring leading software services and great content to new and growing markets.”

Here are this weeks latest slots releases!

Amid scorching summer days and electric storms Tom Horn Gaming comes with a special treat for its players – a revamped version of its highly popular game 243 Crystal Fruits. In 243 Crystal Fruits Reversed the provider completely flips the old fruit video slot upside down and reverses mechanics of the original game, making the player experience a whole lot different. Not only does the game reverse original features, it comes in with amazingly tweaked visuals that complement the thrilling gameplay that is again sure to keep every ardent player on the edge of their seats right from the moment of hitting the Spin button.

Relax Gaming, is inviting players to a Spanish celebration brimming with winning potential in its latest release La Fiesta. The 5×4 slot is the supplier’s most feature-rich game to date, combining four unique Free Spins festivals, bonus round buy-ins and randomly activated mechanics to create a high-volatility gaming experience that replicates the excitement of a real-life fiesta. Triggered when three scatter symbols land on the reels, each of the Rose, Tomato, Bull and Stallion Free Spins rounds present players with the opportunity to claim engagement-enhancing prizes ranging from minigames and mega stacks to free spins and multipliers.

Pragmatic Play, has added Aztec Gems Deluxe to its growing line of deluxe titles. The 3×3, fast-paced video slot adds a modern twist on a classic jewel-filled title with its fixed jackpots which are accessed through the Respin feature. If four Money Symbols land on the reels at the same time, the Respin round is triggered. This sees the Money Symbols remain sticky as players aim to fill the entire grid with matching symbols to win a bonus prize or a random multiplier, picked via a wheel spin.

This week Booming Games introduced it’s layest slot, Howling Wolves. This medium volatility 5×3 slot brings you deep into the native American environment, populated by one of the most important animals in their culture. For native Americans, the wolf represents courage, strength and loyalty. Some of their cultures even believe these majestic creatures to be a part of the family, also believing that members of their clan can take on the appearance and attributes of a wolf.

Yggdrasil, has released Medusa Fortune and Glory, its latest YG Masters game in partnership with DreamTech Gaming. The 4×6, 4096 payline title transports players to the wonders of Ancient Greece as they battle mythological creatures for huge wins. If a Medusa wild lands on the screen, it has the potential to spread to other reels, adding up to three extra wilds per spin. The Free Games Feature is triggered if three or more Bonus symbols land in the same spin, giving players a choice between a Fortune Feature or Glory Feature round.

Play’n GO are bringing some real attitude to the reels as they announce their latest slot offering, Blinged. A spiritual successor to their 2015 slot Pimped, this latest title is based around the world of rap, specifically female artists. Women take centre stage in this 5×3 video slot, as players attempt to make it to the top and bag the riches. The game is a reflection of some modern cultural themes with the rise in popularity of artists like Cardi B, Doja Cat and Megan Thee Stallion cementing women’s place at the forefront of music in recent times.

Sports betting and online casinos could produce as much as $93 million in first-year tax revenue in Michigan, according to projections from MichiganSharp.com.

The first of Michigan‘s online sports betting and casino platforms might launch by the end of 2020. This sets the stage for Michigan to become one of the top online gambling states in the U.S.

Competitive State Tax Rates Make for an Online Betting Hub

Gross revenue from sports betting, both online and retail, will be taxed at 8.4% from the state. Detroit‘s three commercial casinos pay an additional 1.25% city tax.

Michigan hosts 26 land-based casinos, all of which can be expected to offer sports betting and online gaming to the state’s 10-million population at some point.

“All of the pieces are in place for Michigan to become a major hub for sports betting and online gambling,” said Geoff Fisk, analyst for MichiganSharp.com. “Virtually all of the state’s casinos should want a piece of the new market, especially with the attractive tax rates.”

By comparison, New Jersey taxes land-based sports betting at 9.75% and online sportsbooks at 13%. Indiana‘s online sports betting tax is levied at 9.5%, while Pennsylvania taxes sports betting at 36%.

State lawmakers passed House Bill 4916 in December 2019, which legalized both retail and online sports betting. The bill also brings online casinos and online poker to the state, setting the stage for Michigan to become one of the biggest legal online gambling markets in the US.

All 26 of Michigan‘s retail casinos can apply for sports betting and internet gaming licenses through the Michigan Gaming Control Board. In a situation unique to Michigan, the state’s three commercial casinos, as well as the 23 tribal casinos, are eligible to offer internet gaming.

Online sports betting has proven massively successful in Pennsylvania and New Jersey. In both states, online wagering accounts for more than 80 percent of total sports betting revenue.

First-Year Revenue Projections of $650M, According to MichiganSharp.com

MichiganSharp.com projects that the state could bring in as much as $400 million in total first-year sports betting revenue, producing $33.6 million in tax revenue for the state.

“Mobile wagering should be the major revenue driver for Michigan‘s sports betting market,” Fisk said. “The convenience and ease of access of online sports betting opens up a whole new world of opportunities for both bettors and sportsbook operators.”

Online casino and poker revenue will be taxed at 20-28% from the state, using a tier system dependent on earnings. MichiganSharp.com projects that online casinos and poker could earn as much as $250 million in first-year operations, bringing in a possible $60 million in tax revenue.

MichiganSharp.com projects that total revenue from sports betting, online casinos, and online poker, could earn $650 million in year one of operations, resulting in $93.6 million in tax revenue for the state.

For more analysis and news on the latest developments in Michigan‘s legal gambling industry, visit MichiganSharp.com.

SOURCE MichiganSharp.com