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Gambling in the USA

Gaming Americas Weekly Roundup – December 7-13

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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

Enthusiast Gaming Holdings Inc. has announced that it has been ranked #7 on Forbes’ 2020 global list of “Most Valuable Esports Companies.” This marks the first time the Company has been included in the Forbes list. The list was announced on December 5 and can be viewed on Forbes.com.

The possible legalisation of casinos in Brazil has gained new support as the journalist Luis Solano takes over as president of the Brazilian Association of Tourism Journalists (ABRAJET) from December 18. Solano has voiced support for the legalisation of casinos as well as other segments such as bingo, slots and Jogo do Bicho. Luiz Solano is a member of the Planalto Academy of Literature and Arts and of the Federal District History and Geography Institute.

According to projections from Virginia Casinos.com, Virginia’s legal sportsbooks could earn as much as $412 million annually, yielding $61.8 million in tax revenue for the State. The projection forecasts 90% of revenue coming from online wagering, with mobile sports betting apps bringing in $375 million annually when Virginia’s market reaches full maturity. Virginia legalised sports betting in July 2020. The Virginia Lottery regulates the state’s sports wagering industry and will license up to 12 different online sportsbook brands.

New Partnership

Foxwoods Resort Casino, which is owned and operated by the federally recognised Mashantucket Pequot Tribal Nation, has entered into a partnership with the sports betting company DraftKings. DraftKings and Foxwoods said the arrangement was “setting the stage to deliver access to online sports betting” in anticipation of legislative and regulatory approvals in Connecticut.

New Acquisitions

fuboTV Inc., the leading sports-first live TV streaming platform, has acquired Balto Sports, a company that develops tools for users to organise and play fantasy sports games. Terms of the deal were not disclosed. The acquisition marks fuboTV’s first move into the online sports wagering market. fuboTV intends to leverage its own proprietary technology along with Balto’s contest automation software to launch a free to play gaming offering.

XLMedia, a leading global digital performance publisher, has announced that it has made a significant step in its expansion into the US sports market with the acquisition of sports gaming and betting business CBWG Sports (CBWG). Under the terms of the definitive documents for the acquisition, XLMedia will pay upfront consideration of $12 million in cash and issue 7,954,546 new XLMedia plc shares, as well as potential future contingent consideration of up to an additional $9.5 million, based on net revenue performance of the acquired business, payable over three years to the end of 2023.

New Launchings

BetMGM has launched BetMGM Casino in Pennsylvania, bringing the digital gaming company’s exclusive portfolio of online slots and table games to players in the Keystone State. BetMGM’s integration with MGM Resorts’ M life Rewards programme allows BetMGM customers in Pennsylvania to redeem their gameplay for world-class experiences at iconic MGM Resorts properties nationwide, such as Bellagio and MGM Grand in Las Vegas, Borgata in New Jersey and MGM National Harbor in Maryland.

PointsBet has launched a new initiative named PointsBet Personal Good Karma Refund, the first of its kind in the burgeoning U.S. sports betting market. The PointsBet Personal Good Karma Refund initiative provides clients the power to decide which bad beat they want refunded at the end of each month. Eligibility will be applied to new clients who have placed 10 or more cash bets in a given month. Beginning 28 December 2020, those clients can then select their personal worst bad beat of the month via the “Settled Bets Page” in the PointsBet app/website.

Gambling in the USA

Gaming Americas Weekly Roundup – September 19-25

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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

Esports Entertainment Group has announced the pricing of its previously announced underwritten public offering of 30,000,000 shares of common stock and accompanying warrants to purchase 30,000,000 shares of common stock.

Sporttrade has officially launched its sports betting exchange in New Jersey. This positions Sporttrade as the first and only dynamic sports trading marketplace in the US.

The newly-opened Legends Bay Casino, Casino Fandango, and Quick Custom Intelligence (QCI) jointly announced that the two casinos in Northern Nevada have deployed the QCI’s Unified Gaming Platform – Nimble Edition.

LootMogul has secured a $200 million investment commitment from Gem Global Yield LLC SCS (GGY), part of GEM, that will expedite the adoption of blockchain gaming for sports organisations and athletes and truly deliver an immersive sports fans experience.

Seminole Casino Coconut Creek recently teamed with Irreverent Warriors, a military veterans organisation, to raise more than $35,000 following a charity poker tournament. Held in Coco Poker, the tournament hosted 224 players and featured $10,000 in prizes as well as surprise bounties awarding $250 to $500 NYY Steak certificates.

ClutchBet has made its U.S. debut in Iowa, officially launching in time for the new football season. Iowans 21 years and older can download the new ClutchBet app, or visit ClutchBet.com, and place wagers on thousands of professional and collegiate sporting events, staged both locally and around the world.

Odds On Compliance has announced the expansion of Playbook now to include Canada, with the support of Osler, Hoskin & Harcourt LLP, a leading Canadian law firm.

JefeBet, the premier gambling and multimedia company for bilingual and Spanish-speaking Americans, operated by Fifth Street Gaming (FSG), announced the renovation and rebrand of the Lucky Club Casino and Hotel in North Las Vegas.

Internet Vikings has announced that it has become “the first iGaming and online sports betting hosting provider” to acquire a license from the Nevada Gaming Control Board, enabling the global supplier to start providing its services to the Nevada market.

New Partnerships

NJ TRANSIT and BetMGM unveiled a new three-year sponsorship that renames NJ TRANSIT’s Meadowlands Rail Line as the BetMGM Meadowlands Rail Line. The agreement on the naming rights is a first of its kind for NJ TRANSIT and will add additional non-farebox revenue over the course of the three-year agreement.

DraftKings Inc. announced that Amazon has selected DraftKings as a sponsor for Thursday Night Football on Prime Video.

G FUEL — The Official Energy Drink of Esports — has once again partnered with Rare Ltd. and has announced its brand-new flavour, G FUEL Zitz Juice – inspired by Battletoads – is now available for pre-order at GFUEL.com while supplies last.

Huobi Global has partnered with AstroPay, the online payment solution of choice for millions of users worldwide, to provide fiat-to-crypto payment services for Huobi Global users in Latin America.

Razor has partnered with FITGMR to support healthy gaming in high schools across the US.

BetMGM and NBC Sports announced a new partnership for the 2022 NFL season highlighted by weekly integrations on Football Night in America (FNIA) and content across other NBC Sports platforms.

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Gambling in the USA

Gaming Americas Weekly Roundup – September 12-18

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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

Entain announced that its Sports Interaction brand has secured an online gaming license to operate in the recently regulated Ontario market, from the Alcohol and Gaming Commission of Ontario.

BetMGM and Arizona Cardinals debuted the first sportsbook at a National Football League (NFL) stadium. The BetMGM Sportsbook at State Farm Stadium is a two-story, 17,000-square-foot entertainment destination featuring state-of-the-art sports wagering amenities.

PointsBet, in partnership with The Riverboat on the Potomac LLC, announced the opening of PointsBet Retail Sportsbook, Maryland’s newest retail sportsbook.

NOVOMATIC Americas is going to attend the Global Gaming Expo (G2E) in Las Vegas. At this year’s G2E, the company will stage fresh and exciting gaming highlights as well as new premium hardware and winning solutions.

World Champion Fantasy is looking for experienced esports gamers to beta test its new groundbreaking product, PlayerX. PlayerX is set to be released in Q4 2022.

Caesars Entertainment has announced the launch of the Caesars Sportsbook & Casino Truck Tour, an expansive fan engagement campaign featuring a fully branded 18-wheeler traveling across the US.

CT Gaming is going to showcase its latest innovations at G2E Las Vegas on October 11-13 at the Venetian Expo. The leading manufacturer and gaming solutions provider will be located on stand 2050.

The We-Ko-Pa Casino Resort in Arizona has launched its new sportsbook in partnership with Betfred.

Partnerships

Churchill Downs Incorporated announced a multi-year agreement with FanDuel Group (FanDuel) involving multiple facets of FanDuel’s sports wagering, advance deposit wagering (ADW) and television businesses.

The Women’s National Basketball Association (WNBA) and FanDuel announced a multiyear partnership extension, making FanDuel an Official Sportsbook Partner and Official Daily Fantasy Partner of the WNBA.

Kindred and the Philadelphia Eagles extend the agreement of their partnership until the end of the 2024/25 season. The deal acts as a three-year extension, but will include a new “Unibet Landing” location at Lincoln Financial Field, which will host a range of fan engagement activities throughout the year.

BC.GAME and the Argentine Football Association have entered into a global agreement that will open an international pathway for both brands to reach a broader audience and create new activities that will bring the companies and its players closer together.

Vanta has announced its official partnership with Wisdom Gaming as the official coaching partner for the Minnesota Varsity League (MNVL).

Aristocrat Gaming and the New England Patriots announced a multi-year partnership making Aristocrat an Official Partner of the Patriots and Gillette Stadium.

XLMedia PLC announced an expanded partnership with Advance Local to create premium betting content and a new revenue stream for their MassLive.com brand.

Anomura has partnered with Atari, a founding member of the arcade game, game console and personal computer industries.

New Appointments

Allied Esports Entertainment announced that the Company’s Board of Directors has appointed Yinghua Chen as CEO. Chen had previously served as the Company’s President, Chief Investment Officer and Board Secretary.

Fanatics, a leading global digital sports platform, has appointed Jason White as Chief Marketing Officer of Fanatics Betting & Gaming, the company’s online sports betting and iGaming division.

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Gambling in the USA

Gaming Americas Weekly Roundup – September 5-11

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Reading Time: 2 minutes

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

Betr has launched the Betr app, the world’s first micro-betting-focused app, which features a user experience exclusively focused on enabling users to predict the outcomes of every moment of every sporting event.

Betfred USA Sports has partnered the Lummi Nation to launch its newest retail sportsbook at Silver Reef Casino Resort in Northern Washington. The Betfred Sportsbook officially opened its doors with the honorary first bet made by American former football quarterback Warren Moon.

Conajzar, the gambling regulator of Paraguay, has launched a tender for the exclusive rights to operate a national sports betting franchise. The decision was disclosed to local media via an advertising campaign sanctioned by Conajzar, informing the public and businesses of tender proceedings.

Pragmatic Play goes live in Brazil with Chutebet. Chutebet customers can now enjoy Pragmatic Play’s complete slot portfolio, including much sought-after Wolf Gold and Gates of Olympus and Fire Hot, apart from Live Casino titles, such as Baccarat and Dragon Tiger.

BetMGM has released a star-studded advertisement campaign. The commercials, titled “IT’S ON” and released across social media platforms, features a host of actors, athletes and all BetMGM branch ambassadors.

Hard Rock Sportsbook launched its mobile app in Indiana and Tennessee. The company intends to engage its players with customised integrated in-person and online experiences.

Casino Del Sol of Tucson is going to launch a new Cross Game Matchup in Arizona for the upcoming NFL season, through its Solsports sports betting brand. The new product will be available through its Solsports sports betting brand, boasting of 450 games on which users can place bets.

Internet Vikings has expanded its range of hosting services in New Jersey. The company has been operating in the state for a year.

Catawba Nation has launched a 24-hour sports-gambling venue in North Carolina, featuring 30 betting kiosks and betting voucher redemption services. The sportsbook offers betting on the National Football League, auto racing, baseball, basketball, boxing and soccer.

Cxmmunity Media, a Black-owned organisation company working for ensuring minority representation and equity in the gaming sector, is launching the third season of its HBCU Esports League. The new season will start on September 13 and will feature student teams from 16 Historically Black Colleges and Universities.

New Partnerships

BetMGM, a leading sports betting and iGaming operator, has entered into a multi-year partnership with the Kansas City Chiefs to become one of the team’s first sports betting partners.

Paysafe has entered into multi-state deal with ClutchBet, a Denver-based mobile sportsbook owned by Australia’s BlueBet Holdings Ltd. Paysafe’s new Skrill USA digital wallet and its Paysafecash eCash solution will facilitate online payments for ClutchBet’s sportsbook.

New Appointment

Caesars Entertainment announced that Matt Sunderland has been named senior vice president of iGaming, effective October 1. Sunderland joins the team with over 20 years experience in the online gambling industry.

New Acquisition

Churchill Downs Incorporated (CDI), a major gaming operator in New Hampshire, has finished the formalities of its acquisition of Chasers Poker Room in Salem. Earlier, the New Hampshire Lottery Commission had provided its nod for the transaction.

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