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Gambling in the USA

Gaming Americas Weekly Roundup – June 29-July 5

Niji Narayan

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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 includes casino reopening, financial Reports, recruitments, partnerships and latest approvals. Read on and get updated.

Casino Reopening

MGM National Harbor Resort and Casino has resumed its operations on June 29. The casino has implemented many safety measures such as “contactless” check-ins, single-use baccarat cards and Plexiglass at the casino.

Recruitments

Scientific Games Corporation has appointed Eileen Moore Johnson as its Executive Vice President and Chief Human Resources Officer. Eileen joins Scientific Games from Caesars Entertainment.

Sportech PLC has announced key changes to its Bump 50:50 team. The changes include the promotion of Dave Kurland to the position of President.

Jamul Casino has promoted Benjamin Petell to Vice President of Non-Gaming Operations. In his new role at Jamul Casino, Petell will oversee retail, food & beverage, facilities, security, and environmental services.

Financial Reports

Bragg Gaming Group has released its financial results for Q1 2020. Bragg reported revenue growth and Adjusted EBITDA growth for the period. The Group achieved revenue of €8.8m during Q1 2020. The Group’s AEBITDA was €0.8m, representing 100% growth over Q1 of 2019.

Casino table games developer and distributor Galaxy Gaming has published its financial results for the fiscal quarter ended 31 March 2020. The report shows that revenue decreased 15.9% to $4494K, AEBITDA decreased 25.7% to $1501K1 and net income decreased 74.7% to $117K.

Partnership

BenQ America’s esports division ZOWIE has partnered with Helix eSports. As per the deal, ZOWIE will outfit Helix eSports’ gaming and virtual reality centres with top-performing esports monitors and provide prizes for upcoming competitions.

Penn National Gaming has entered into a deal with sports data and content provider Sportradar to use official National Football League data on its sports betting platforms.

DraftKings Inc. has extended its deal with the US-based sports data firm Stats Perform. The deal provides DraftKings access to Stats Perform’s unparalleled sports data feeds for use in its daily fantasy sports contests and DK Live, the company’s play-by-play fantasy app.

The Arkansas Scholarship Lottery has extended its strategic partnership with Camelot Lottery Solutions for a further two years. The agreement will see Camelot Lottery Solutions continue to work with the ASL to help implement its commercial plans, with a greater focus on data-driven insights and business intelligence.

Innovative boutique studio Espresso Games has integrated its gaming content into Rivalo’s network and its games are now available for the Colombian market.

New Approvals

The Nevada Gaming Control Board has approved the amendments that will allow cashless gaming in all casinos. The proposal had been discussed and postponed for a long time, but hygiene concerns due to the Covid-19 pandemic have increased the urgency for the regulation to finally be adopted.

New Study

The UNLV International Gaming Institute (IGI) has announced a new study to assess the sports betting and internet gaming markets in the US. The study will address many unanswered questions on the potential impacts of legalising sports betting and internet gaming across the US.

Lawsuit

The Culinary Union has filed a lawsuit on behalf of Culinary Union members who work in casinos on the Las Vegas Strip in order to protect workers and their families from the spread of COVID-19 in the workplace.

Compliance

Caesars Entertainment Corporation has announced that the Federal Trade Commission (FTC) has accepted a proposed consent order which concludes the FTC’s review of Caesars’ pending merger with Eldorado Resorts.

Gambling in the USA

Jamie Foxx To Star In BetMGM’s New Brand Campaign

George Miller

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Jamie Foxx To Star In BetMGM's New Brand Campaign
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BetMGM, the market-leading sports betting and online gaming platform, is proud to announce that Academy and GRAMMY Award winner Jamie Foxx will star in the company’s new ad campaign. The multitalented sensation, who has conquered the worlds of comedy, film, and music, is now also the face of BetMGM’s new The King of Sportsbooks campaign.

Foxx will star in a variety of traditional and social media advertisements for BetMGM. For their first brand campaign together, The King of Sportsbooks, made in partnership with creative agency 72andSunny New York, BetMGM showcases the excitement that comes with sports betting. The campaign will roll out in the coming weeks featuring a video ad, with the Fountains of Bellagio in Las Vegas as the canvas. The ad creates a “sitting on the edge of your seat” experience by combining the magic of sports brought to life on the Fountains, with the surrealism of Foxx levitating above water.

“Jamie is an exceptional talent and we’re proud to have him partner with us on our new campaign for BetMGM,” said BetMGM’s Chief Marketing Officer Matt Prevost. “The King of Sportsbooks campaign is the next step in the evolution of the BetMGM brand and Jamie brings a unique ability to tell our story in an incredibly creative and entertaining way. BetMGM exists at the intersection of sports and entertainment and Jamie fits this positioning perfectly; we couldn’t be more excited to welcome him to the BetMGM family.”

Jamie Foxx is an award-winning actor, singer, and comedian. He recently won “Outstanding Supporting Actor in a Motion Picture” at the NAACP Image Awards and received a SAG Award nomination for “Outstanding Performance by a Male Actor in a Supporting Role” for his performance in Just Mercy. Foxx can currently be seen in Netflix’s Project Power, which launched on August 14, and is a starring voice in Disney/Pixar’s upcoming feature Soul set for release on November 20.

Available for download on both iOS and Android and accessible via desktop, BetMGM leverages an exclusive betting engine that allows sports fans to place bets quickly and with ease and is accessible in seven states, with plans to be live in 11 by the end of 2020. For more information, follow @BetMGM on Twitter.

 

SOURCE MGM Resorts International

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Gambling in the USA

Gaming Americas Weekly Roundup – September 14-20

Niji Narayan

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Reading Time: 2 minutes

Welcome to our weekly roundup of American gambling news again! It was again an eventful week in 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, new partnerships and new appointments. Read on and get updated.

Latest News

John Pollard, Co-Chief Executive Officer of Pollard Banknote Limited, has been inducted into the Public Gaming Research Institute’s Lottery Industry Hall of Fame. Each year, the Lottery Industry Hall of Fame’s members nominate and vote on industry leaders who promote excellence, integrity and success in the lottery industry. John Pollard, along with five other recipients, will be honored in a virtual ceremony on October 14.

WarnerMedia is going to join the growing parade of media firms eager to court consumer interest in sports betting. During the coverage of NBA’s Western Conference Finals, TNT will present an alternate live-streamed feed of the games that includes commentary on betting analysis and odds. The feed, known as “TNT Bets” and made available to cable and satellite subscribers via the Watch TNT app, will be hosted by Bleacher Report’s Cabbie Richards, Kelly Stewart and Tim Doyle, and the leading gaming company FanDuel will provide real-time statistics and information.

Elaine Wynn, who has 8.84% stakes in Wynn Resorts Limited, the biggest among single shareholders, has reportedly dropped her quest to secure a position in the board of directors of the company. She made this announcement during a fitness hearing held by the Nevada Gaming Control Board. She reportedly revealed that she accepts her age of 75 years is a constraint for such positions.

Betfair has announced that it is withdrawing from the NJ betting market due to disappointing results and because the state is getting its first sports betting exchange. Betfair entered the NJ market back in 2015, but generated a sports betting handle of just $12.4 million in 2018. Now, Sporttrade, a sports betting startup, is to introduce a proprietor betting exchange for the state via an agreement with Twin River Worldwide Holdings.

New partnership

ESPN has entered into two separate multi-year agreements with Caesars Entertainment and DraftKings. The deals include co-exclusive link integrations across ESPN digital platforms connecting fans to sportsbooks from Caesars Entertainment’s sports betting partner, William Hill, and DraftKings.

New Appointment

US gaming company DraftKings Inc. has appointed Erik Bradbury as its Chief Accounting Officer and principal accounting officer. His appointment came into force on September 10. Mr. Bradbury, who has about 16 years of experience in accounting, will report to Jason Park, the CFO of the company.

New Launching

Sports book operator William Hill has announced the launch of its mobile sports betting app in Illinois, in partnership with Caesars Entertainment’s Grand Victoria Casino. The William Hill Mobile App is built on a proprietary platform, offering an easy and seamless betting experience. The app offers multiple deposit and withdrawal options. The app has enhanced technology features, such as a biometric login and a quick-bet option.

Compliance

Online gaming platform provider Dench Solutions has obtained a compliance certificate to act as a gaming test house of Gaming Laboratories International. The company was awarded the GLI-19 standard for its ability to meet strict security standard requirements when dealing with customer data.

The Virginia Lottery Board has approved the proposed sports betting regulations after the fifty-six day public consultation period ended on September 9. As part of the public consultation, it received 183 comments from various companies and sports leagues. The Lottery’s deputy director Gina Smith said each comment was read and reviewed.

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Gambling in the USA

NetEnt expands in the US with BetMGM deal for the newly regulated market in West Virginia

George Miller

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NetEnt expands in the US with BetMGM deal for the newly regulated market in West Virginia
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NetEnt is set to launch its award-winning games in West Virginia with iGaming operator BetMGM. This marks NetEnt’s first entry into the Mountain State.

NetEnt has teamed up with fast-growing iGaming group BetMGM in a partnership that is set to further increase the supplier’s reach in key US markets. Backed by GVC Group and MGM Resorts, BetMGM is soon to launch NetEnt content in West Virginia, which opened the doors to online casinos on July 15, marking the first time NetEnt’s internationally renowned content will be available in the market. NetEnt recently received a temporary license from the regulating authorities in West Virginia.

The agreement follows a strong period of growth for NetEnt in the US, after recently reporting triple-digit increases in quarterly gross gaming revenue in both Pennsylvania and New Jersey.

“BetMGM’s rapid success in the US has been impressive and shows no signs of slowing down, making this a significant deal for our company as we continue to expand across the country,” says Brian Kraft, NetEnt Vice President Commercial, Americas. “Thanks to the strong performance of our games locally, the US is now a major revenue driver for NetEnt and we look forward to working with BetMGM to accelerate growth of both our businesses.”

Matthew Sunderland, VP Gaming at BetMGM, said: “We have already seen great success with NetEnt content in New Jersey. Their team really understand what appeals to gaming customers and I am positive this will serve as a major advantage as we strengthen our existing casino offering in West Virginia.”

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