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Gambling in the USA

Comparing New Jersey Casino Revenues with those in the UK

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Since 2018 there have been some tremendous changes in the US gambling industry. It’s been dramatic in the UK too, though mainly due to the Covid-19 pandemic. How do New Jersey casino revenues compare with those in the UK?

It was four years ago that a US Supreme Court Judge made a ruling that had been wanted for years. New Jersey had campaigned long and hard to change the rules in the US. They wanted states to be able to decide themselves whether to legalize gambling. Before the court ruling that supported this, it had been the Federal Government who made that decision.

Since that ruling, many states have chosen to legalize gambling. This has helped the casinos, especially those who have extended their business into offering customers sportsbooks as well as the usual fare of roulette, blackjack, and other casino games.

If you are wanting to play games such as poker or baccarat, it’s advisable to do some research and discover more about these new UK casinos.

The pandemic came along just as casinos were expanding their businesses by branching out into the world of sports betting. Land-based casinos had to temporarily close, but their online ventures came to the rescue. An increasing number of customers went online to place their bets so that gave great help to their balance sheets.

2022 has already seen many US states recording record gambling figures. New Jersey has also seen growth compared to January 2021. The New Jersey Division of Gaming Enforcement have reported that total gaming revenue for the nine casino hotel properties in the state was $183.6 million in January. That’s 14.8% higher than recorded 12 months ago. Of that $183.6 million, slot machines contributed around $129 million.

One of the biggest changes in recent years has been online betting. The total gaming revenue for online casinos was $137.8 million in January. That’s a big 32.8% rise since January 2021 when revenue only just got through the $100 million mark.

The figures build on a highly successful 2021 for the New Jersey casino gambling market. A figure of $4.7 billion was recorded, that was 64.4% higher than in 2020. Compared to 2019 when there wasn’t a pandemic affecting the gambling industry, the 2021 figures were 36.6% higher last year.

The UK has also of course had its gambling industry affected by the pandemic. Land-based casinos have found themselves having to close their doors on more than one occasion. It seemed that as one Covid wave ended and casinos could again open, it wasn’t long before they again had to close and lose revenue.

Just as in the US, the online gambling industry became considerably more important. Casinos that had online sites saw their business increasing. Unable to go to their local land-based casino, customers went online to gamble. Live casinos that were being offered online became more popular.

UK gambling revenue did fall however due to the lockdowns. Their industry is in a very different position than that seen in New Jersey and the rest of the US. There are casinos in all major cities and towns in the UK, but they aren’t on the scale of those seen in Atlantic City for example.

Whereas in the US there are new customers being attracted to the gambling industry, that isn’t quite the case in the UK. Gambling has been legal there for many decades. The trend is now for online casinos to be more popular than the land-based ones. They reported increases in revenue last year and approaching £1 billion for the year.

Can the success of online casinos continue though? The pandemic may not be affecting the industry so much now, but the UK government and Gambling Commission might. The government is eager to pass new legislation that will protect gamblers against developing gambling problems.

The Gambling Commission aren’t afraid to fine casinos that don’t do so. That’s what happened recently to two online casinos. Rank Digital Gaming (Alderney) Limited who trade as bellacasino.com and grosvenorcasino.com were given a £700,557 regulatory settlement for what is termed ‘social responsibility failures.’

Annexio (Jersey) Limited were fined £612,000 for social responsibility and money laundering failures. The monies received by the Commission are given to the National Strategy to Reduce Gambling Harms.

More actions are being taken against the gambling industry in the UK. Only this week, 888 were fined over £9 million by the Commission. Gambling remains popular in the UK, but many are concerned about the amount of gambling advertising on television and the radio and failure by casinos and other branches of the gambling industry to look after their customers.

With details of possible changes being published soon, the UK gambling industry may have many problems, while the New Jersey casino industry continues to flourish.

Gambling in the USA

Gaming Americas Weekly Roundup – July 25-31

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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

Internet Vikings has launched its iGaming hosting operations in Iowa, as the company works to further develop its US presence. Established in Sweden in 2008, Internet Vikings provides hosting and marketing solutions for iGaming operators.

The AGEM & AGA Annual Golf Classic, presented by JCM Global, has raised $180,000 for the International Centre for Responsible Gaming (ICRG). To date, the event has raised nearly $2.5 million to support the ICRG and its research into problem gambling.

MegaFans, the first open-source esports platform bridging Web2 and Web3, has announced that its Summer Extravaganza Tournament will have a $100,000 prize pool, an opportunity for its rapidly growing base of mobile gamers to win cash, gift cards, cryptocurrency, NFTs and more.

Penn National Gaming Inc has announced that its subsidiary Score Digital Sports Ventures (Canada) Inc has launched its proprietary risk and trading platform, the culmination of theScore Bet’s strategy to bring its sportsbook technology in-house.

Pragmatic Play, a leading content provider to the iGaming industry, has strengthened its position in Buenos Aires City, Argentina following the approval of its Live Casino content by the capital city’s regulator.

International Game Technology (IGT) has announced that its subsidiary, IGT Global Solutions Corporation, has signed an agreement to deliver engaging iLottery content through its high-performing remote gaming server (RGS) to the Michigan Lottery.

Magic Eden, the leading community-centric, NFT marketplace on Solana, introduced the Company’s first Semi-Fungible Token (SFT) marketplace in conjunction with the popular move-to-earn NFT game Genopets.

SciPlay Corporation, one of the world’s leading gaming companies, has launched a summer-long social media and advertising campaign for the top-ranked casino game Jackpot Party, starring actress and entrepreneur Sofia Vergara.

Partnerships

Lotería Nacional de Ecuador, the Ecuador National Lottery, has awarded a new, 10-year contract to Scientific Games that includes instant games, lottery systems, retail technology and a draw-based lottery game system that will launch Ecuador’s first-ever electronic draw games.

Ainsworth Interactive, the iGaming division of Ainsworth Latin America, has taken its iGaming content live in Peru with retail and online operator Apuesta Total. Games like Mustang Spirit and Vegas Fiesta Grand are now available at ApuestaTotal.com.

G2 Esports has entered into a partnership with Herman Miller Gaming. The partnership will provide G2 with Herman Miller Gaming equipment and create exclusive opportunities for the teams to collaborate on future products and research.

Betsoft Gaming has secured a content partnership with operator Condor Gaming Group’s new online casino, Gambeta10. The licensed casino will have access to Betsoft’s award-winning slots portfolio including the latest release Gemini Joker and classic comedy heist Take the Bank.

Brazilian top-flight club Fluminense has renewed its sponsorship arrangement with sports betting brand Betano. Running until June 2025, the sponsorship arrangement will focus on fan engagement, with various activations planned according to the duo, along with advertising and marketing provisions.

New Appointments

Pollard Banknote has appointed May Scheve Reardon as VP of government relations with responsibility for government and legislative affairs.

Bragg Gaming Group has announced that the Company’s Board of Directors has appointed Mark Clayton to the Board.

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Gambling in the USA

Gaming Americas Weekly Roundup – July 18-24

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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 portfolio company X1 Esports and Entertainment has entered into a definitive agreement to acquire digital influencer management company Tyrus Talent Services.

Casino officials for Elk Grove’s Sky River Casino have announced that the casino is set to open in early September, two months ahead of schedule. Casino officials did not specify a date in their announcement, but work on the 100,000-square-foot casino west of Highway 99 near Kammerer Road is nearly complete as hiring continues.

Caesars Entertainment has received a top score on this year’s Disability Equality Index (DEI), a joint initiative of the American Association of People with Disabilities (AAPD) and DisabilityIN. Up from 80 on last year’s index, the company received a 100, marking it as one of the best places to work for disability inclusion.

Las Vegas Sands Corp has reported financial results for the quarter ended 30 June 2022. Net revenue was $1.05 billion, compared to $1.17 billion in the prior year quarter. Operating loss was $147 million, compared to $139 million in the prior year quarter.

FanDuel Casino has chosen Mischief @ No Fixed Address as its creative agency of record. Mischief is responsible for creative duties pertaining to FanDuel Casino.

FanDuel Group is expanding its online casino offerings through the introduction of its first-ever FanDuel-branded live dealer studios in Michigan and Pennsylvania in partnership with Evolution. All of FanDuel’s live dealer games, including blackjack and roulette will now be streamed for Michigan and Pennsylvania customers directly from FanDuel’s live dealer studios.

New Partnerships

PointsBet Canada has confirmed that it will continue to support curling in Canada, agreeing to a long-term partnership with Curling Canada and the newly formed Team Bottcher. The agreement will see PointsBet Canada become the official Team Bottcher sports betting partner.

ScoreBreak has announced a new, ground-breaking agreement with Genius Sports, the exclusive distributor of official NCAA data. ScoreBreak solutions, which can be delivered to the bench, sidelines, locker-room and the booth, will be powered by official NCAA game statistics across multiple sports.

U.S. Integrity has announced a comprehensive partnership with Desert Diamond Casinos & Entertainment, which on February 11, 2022, launched their mobile sportsbook operation.

Jackpocket, the leading third-party app in the US to provide a secure way to order official state lottery tickets, and the New York Mets announced Jackpocket as the Official Digital Lottery Partner of the Mets.

New Appointments

Betsson has announced Zé Roberto as its newest brand ambassador. The Brazilian former football player, who has a successful career worldwide, signed a three-year global contract with all brands in Betsson Group’s portfolio.

Jackpocket has appointed iGaming veteran John Worthington as the company’s first-ever VP of Interactive Gaming.

FanDuel Group has announced two appointments reflecting each executive’s contributions to the success of the business. Effective immediately, Christian Genetski has been promoted to the role of President, FanDuel Group and Mike Raffensperger has been named to the newly created position of Chief Commercial Officer.

Gaming Laboratories International (GLI) has appointed Ginnie Hollis as Director of Engineering. Previously, she served as Senior Manager of Engineering.

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Gambling in the USA

Gaming Americas Weekly Roundup – July 11-17

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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

Rush Street Interactive has announced that it has launched its RushBet online casino and sportsbook in Mexico. Residents in Mexico aged 18 or older can now sign up and place wagers on the RushBet platform through its website RushBet.mx and through its mobile apps on both iOS and Android.

FanDuel has officially opened its doors at Audi Field and is now accepting bets. Located just inside Gate A, the FanDuel Sportsbook stretches over 2700 square feet and features three wagering stations, 47 HD televisions, two large video walls, 18 self-service kiosks and an uninterrupted view to the field for fans to enjoy D.C. United matches and other sporting events.

Pragmatic Play has gone live with prominent Argentinian operator Pálpitos in Tucumán, to provide its award-winning Slots portfolio. As part of the deal, Pálpitos’ customers will now gain access to Pragmatic Play’s extensive slot portfolio.

PlayUp Limited has announced that it is working through completion of the certification process by GLI and, therefore, is closing in on approval to launch its proprietary Betting, Entertainment and Sports Technology Platform (BEST) in the US markets.

Star8 Corp has announced that it has signed a Letter of Intent (LOI) to acquire a group of St. Vincent operating under the name Pace Developments St. Vincent Inc. through a plan of exchange with an expected closing in the current quarter.

Table Trac Inc. announced that Stillwater Gaming’s Lucky Strike Casino, located at 444 E Williams Street, Carson City, Nevada, will soon have Table Trac Inc.’s CasinoTrac casino management system installed.

International Game Technology PLC (IGT) has announced that it has launched the highly anticipated DiamondRS mechanical reel cabinet.

New Partnerships

Nuvei Corporation and GAN Limited announced that they have entered a strategic partnership enabling gaming operators to access Nuvei’s full suite of payments solutions through an integration with GAN’s software-as-a-service gaming platform technology.

Pragmatic Play will further expand its presence across Latin America through its latest deal with leading operator MiCasino.com. MiCasino.com customers will gain access to three of Pragmatic Play’s leading verticals, including its award-winning slot titles which will see the delivery of recent hit titles such as Fortune of Giza and Zombie Carnival along with the multi-award-winning Gates of Olympus.

MGM Resorts International announced a multi-year agreement to become an Official Partner of MLB Players Inc., giving the company use of MLB Players’ branding and group marketing rights. The partnership also provides hospitality benefits to MLB Players with MGM Resorts’ properties serving as the host location for a variety of MLB player-related events.

The Cincinnati Bengals and Betfred announced a multi-year partnership to make Betfred the team’s official sports betting partner.

New Appointments

Aristocrat Gaming has appointed Deanne McKissick as its Chief Supply Chain Officer and Mark Wadley as Chief Marketing Officer. Reporting to CEO of Aristocrat Gaming Hector Fernandez, McKissick will oversee the entire global supply chain, ensuring that customers continue to have the best product purchasing experience while Wadley will oversee the comprehensive marketing efforts at a global level to maximise the value of the Gaming division and products.

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