Gambling in the USA
Gaming Americas Weekly Roundup – November 2-8
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 acquisitions. Read on and get updated.
Latest News
Sandra Douglass Morgan has resigned as chairwoman and executive director of the Nevada Gaming Control Board. She has served as the board’s chair since January 2019. Gov. Steve Sisolak announced Sandra’s departure in a news release, noting that she is “resigning to pursue an exciting professional opportunity.”
Twin River Holdings is going to invest $90 million to upgrade Bally’s Atlantic City. The Company is in the process of buying the casino from Caesars Entertainment for $25 million in a transaction that is expected to close by the end of this year.
Australian sportsbook and fantasy sports operator PlayUp has secured $25 million through the completion of an oversubscribed capital placement. PlayUp said that it has secured the $25 million funding on terms related to a “non-renounceable entitlement offer” underwritten by Investorlink Securities AFS, which the company will use to launch its US wagering proposition.
Casino table games developer and distributor Galaxy Gaming has received a loan of $4m from Zions Bancorporation through the Nevada State Bank (NSB) and the Main Street Priority Loan Programme that was enacted as part of the US government’s CARES Act in March.
Casino Reopening
Great Canadian Gaming Corporation has announced that Casino Woodbine will be reopening at 10 am EST on 14 November 2020, as a result of the Ontario provincial government’s announcement allowing the reopening of certain businesses. The casino will be reopening with the significant and comprehensive health and safety protocols it introduced as part of its first reopening on September 28.
New Partnerships
WynnBET, the digital gaming division of Wynn Resorts, has entered into a multi-year national sports betting partnership with NASCAR to create and promote engaging sports betting experiences for racing fans in the US. Also, WynnBET is going to submit an application to become a legal gaming operator in the state of Virginia.
PXP Financial Inc., the US subsidiary of PXP Financial Ltd., has partnered with the US division of the global sportsbook operator Tipico. With this new partnership, PXP Financial Inc. has deployed a full-service gateway, offering multiple connections to different providers, and a full managed service including reconciliations and a risk monitoring service for Tipico.
Awards
Monkey Knife Fight (MKF) has won the EGR award for Fantasy Sports Operator. MKF received the award through EGR North America’s virtual award show, with Nic Sulsky, President, accepting the award on the company’s behalf.
Sportsbook operator PointsBet was recently honoured by eGaming Review (EGR) as the top sports betting operator, most socially responsible operator and US rising star, at the EGR North America Awards 2020.
NeoPollard Interactive LLC has congratulated the Michigan Lottery for its recognition as the Lottery Operator of the Year at the 2020 EGR North America Awards.
New Launching
William Hill US has launched its sportsbook app and website in Indiana. The William Hill Sportsbook App offers a seamless betting experience that is easy and quick to find, make and track one’s bets. The app is available for download on any Apple or Android device.
Acquisition
Stockholm-listed iGaming affiliate Acroud has signed a Letter of Intent to acquire a fast-growing company active on the US Sports Betting market for an initial consideration of approximately EUR 2.2m The acquisition would also be followed by a potential additional earn-out consideration that may be payable by Acroud to the sellers in an aggregate minimum amount of approximately EUR 2.2m.
Compliance
The Argentine Chamber of Deputies has approved the Budget for the year 2021, which raises taxes on online gaming from 2% to 5%. Now, the budget is pending full Senate approval.
Gambling in the USA
Gaming Americas Weekly Roundup – November 25-December 1
Welcome to our weekly roundup of American gambling news again! Here, we are going through the weekly highlights of the American gambling industry which include the latest news and new partnerships. Read on and get updated.
Latest News
In honour of its fourth anniversary, Live! Casino Pittsburgh has officially unveiled a $3 million capital investment project designed to enhance its gaming and entertainment offerings. Now officially open to the public are the new Live! Poker Room, a High-Limit Table Games Room and The Social Club, a private meeting and event space. Live! Casino team members were joined by government and business leaders for a brief ribbon-cutting ceremony in the new Poker Room, where legendary Pittsburgh Penguins Stanley Cup champion Phil Bourque played the ceremonial first poker hand.
The newly reimagined Rio Hotel & Casino has officially joined the Destination by Hyatt brand, following the completion of the resort’s first phase of its $340 million property-wide transformation. As part of the Destination by Hyatt brand and award-winning World of Hyatt loyalty program, Rio connects guests and members to both the people and place of Las Vegas – offering guests a sense of belonging and the immersive experiences they crave. Rio is owned and managed by Dreamscape Companies.
The New Jersey State Athletic Control Board announced that it has recently adopted an updated sports betting policy for all licensees, officials and employees. Effective immediately, the policy prohibits unethical betting practices and reinforces the commitment to maintaining fairness and public trust in combative sports, including boxing, wrestling, extreme wrestling, kick boxing and combative sports exhibitions, events, performances and contests.
Superbet Brasil has become the first betting house to pay the R$30 million (US$5.2m) concession required by the government to become a regulated company. To be able to make the transaction, the “Bet” (as the operators are called in Brazil) had to meet all the requirements of the Ministry of Finance in the document evaluation phase.
Alex Dixon, president and CEO of Q Casino & Resort and the Dubuque Racing Association has resigned his position, effective in January. Dixon has held the position at Q Casino in Iowa, US, for three years, taking over from Jesus Aviles in 2021. He has overseen the complete interior remodel of the venue which included the addition of an all-ages arcade.
BetMGM announced a major enhancement to its customer experience by consolidating BetMGM Reward Points (BRPs) into a single account. In addition to users’ cash balance, this feature enables BetMGM Rewards Points to travel with them across jurisdictions.
Partnerships
Jackpot.com announced an exclusive collaboration with 7-Eleven Inc., the largest convenience store chain in the world, to serve as their official lottery courier service. As part of the collaboration, 7-Eleven customers in Ohio and Massachusetts will be able to sign up and play lottery games and scratchers on the Jackpot.com app or website.
Nuvei Corporation announced that it has been selected by Delaware North’s interactive gaming division to power deposits and payouts for Betly, its online real-money casino and sports betting brand. Delaware North operates Betly in West Virginia, Arkansas, Tennessee and Ohio in the US. This partnership enhances the player experience at the checkout, streamlining both the deposit and payout processes for Betly customers across their online casino and sports betting profile.
Gambling in the USA
Gaming Americas Weekly Roundup – November 18-24
Welcome to our weekly roundup of American gambling news again! Here, we are going through the weekly highlights of the American gambling industry which include the latest news and new partnerships. Read on and get updated.
Latest News
Two of Alabama’s leaders in the hospitality and tourism industry — Wind Creek Hospitality, owned by the Poarch Band of Creek Indians, and the McGregor family, owners of Birmingham Racecourse and Casino and Victoryland Casino — announced that they have entered into an agreement under which Wind Creek will acquire the Birmingham Racecourse. The sale is expected to be finalised by early 2025.
Kaizen Gaming Colombia, owner of the Betano.co brand, was authorised by Coljuegos to operate online betting in the country. With this new operator, there are now 16 web platforms that have the approval of the entity to market games of chance online. The entity is also in the process of authorising an additional operator called Bingo Casino, which is expected to begin offering bets in the coming weeks.
Gaming Laboratories International has become the first laboratory to achieve accreditation in Maranhão, Brazil. The accreditation allows GLI to perform tests and certification for the gambling and lottery industry interested in working with lottery and fixed-odds betting operators in the state of Maranhão. The milestone is the latest in a series of regulatory achievements for GLI in Brazil.
BetConstruct has announced their participation at this year’s GAT Caribbean Cancún that takes place in Mexico from November 26-28. Taking place at the Cancún International Centre, the GAT Caribe Cancú is a prestigious event that gathers manufacturers, operators and marketers to broaden the horizons of the online and land-based markets in Mexico, the Caribbean region and Central America.
Legendz Social Casino & Sportsbook announced its highly anticipated launch, offering players an unparalleled social gaming experience across 43 states in English and Spanish language. With a vast array of games, innovative features and a player-first philosophy, Legendz is set to redefine the online social and sweepstakes gaming landscape.
Partnerships
International Game Technology PLC has announced that it has launched its first wide-area progressive (WAP) compatible game in Colombia with the all-new Condor Link. Players across the country now have the opportunity to spin for large-scale WAP jackpots at nine properties operated by Winner Group Cirsa, one of Colombia’s largest gaming operators. Delivering a highly engaging entertainment experience to the gaming floor, IGT’s Condor Link game features four jackpot levels and a reset value of 75,000,000 Colombian Pesos (COP).
Cisco and MGM Resorts International announced that the companies have signed a Whole Portfolio Agreement (WPA), empowering MGM Resorts with the majority of Cisco’s software portfolio. This includes cybersecurity, software defined networking, software defined-WAN, digital experience assurance, full-stack observability, data centre and services. This agreement spans 5.5 years, benefiting guests and employees across all of MGM Resorts’ properties.
Endorphina has entered into a partnership with Luckia, a leading company in the gaming sector. Combining Endorphina’s passion for slots with Luckia’s innovative spirit, this partnership is set to provide incredible gaming experiences to all iGaming enthusiasts. Luckia is a commercial brand of Luckia Gaming Group that combines offline and online gaming, including traditional businesses such as gaming machines in bars and restaurants and gaming arcades, new online gaming activities and land-based sports betting.
Gambling in the USA
Gaming Americas Weekly Roundup – November 11-17
Welcome to our weekly roundup of American gambling news again! Here, we are going through the weekly highlights of the American gambling industry which include the latest news and new partnerships. Read on and get updated.
Latest News
Golden Entertainment Inc. reported financial results for the third quarter ended September 30. The Company reported third quarter revenue of $161.2 million, net income of $5.2 million and Adjusted EBITDA of $34.0 million. In addition, on November 5, the Company’s Board of Directors authorised the Company’s recurring quarterly cash dividend of $0.25 per share of the Company’s outstanding common stock payable on January 7, 2025 to shareholders of record as of December 20, 2024.
Snoqualmie Casino has announced its rebranding to Snoqualmie Casino & Hotel, reflecting an exciting new chapter in the venue’s history as it embarks on a much-anticipated expansion. Set for completion in mid-2025, this project promises to elevate the guest experience, making Snoqualmie Casino & Hotel a premier destination for entertainment, relaxation and culinary excellence. The cornerstone of the expansion is the construction of a luxurious hotel, which will offer guests unparalleled comfort and stunning views of the Snoqualmie Valley and Mount Si.
Galaxy Gaming Inc., the world’s largest independent developer and distributor of casino table games and technology announced, at a special meeting of its stockholders held on November 12, 2024 (the Special Meeting), Galaxy Gaming stockholders voted to approve the Company’s acquisition by Evolution Malta Holding Limited (Evolution), Evolution AB (publ)’s wholly owned subsidiary. Galaxy Gaming will file a Form 8-K with the U.S. Securities and Exchange Commission reporting the final voting results of the Special Meeting.
Caesars Virginia has announced that its highly anticipated opening date will be Thursday, Dec. 12, 2024. The resort will welcome its first guests beginning at noon. Additional details on the opening festivities will be announced at a later date. Caesars Virginia is a 587,000 square foot casino resort with more than 90,000 square feet of gaming space.
Partnerships
NGX has entered into a strategic partnership with Sportradar, a global leader in sports integrity solutions, which collaborates with more than 180 sports federations and leagues. The agreement aims to support the Brazilian football federations of Rio Grande do Sul, Paraná and Pará, providing detailed reports to ensure the integrity of sporting events and combat fraud.
EvenBet Gaming has announced the launch of its advanced poker solutions in partnership with JugaMax, one of the largest and most respected casino operators in Paraguay. This strategic collaboration marks EvenBet’s debut in the Paraguayan iGaming market, solidifying the company’s expansion within Latin America. The newly established partnership enables the integration of EvenBet Gaming’s poker offering on the JugaMax platform.
Jackpocket, the leading lottery app in the US, and Barstool Sports announced a new collaboration naming Jackpocket as the “Exclusive & Official Digital Lottery Partner of Barstool Sports”. The deal with Barstool follows Jackpocket’s parent company, DraftKings, announcing a similar agreement with the media company in February 2024. This collaboration centers around the integration of Jackpocket in Barstool’s content. Fans can participate in the lottery alongside some of Barstool’s biggest names such as Dave Portnoy, Big Cat & PFT from Pardon My Take – the leading sports podcast in America, Wallo & Gillie from Million Dollaz Worth of Game and more.
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