Gambling in the USA

Comparing New Jersey Casino Revenues with those in the UK

Published

2 years ago

March 4, 2022

Reading Time: 3 minutes

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.

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Gambling in the USA

Gaming Americas Weekly Roundup – September 18-24

Published

5 days ago

September 26, 2023

Niji Narayan

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

SB22 has introduced Lucky22, a first-of-its-kind wager placement streamlining system that is fully integrated into its proprietary K22 self-service gaming kiosk. The patent-pending Lucky22 button provides the player with a set of simple, tailored wagering offers, which can adjust the bet and amount wagered based on how much the player wants to win.

Twenty-Nine Palms Band of Mission Indians, a Native American Tribe in Southern California, has standardised its growing business and government operations on Oracle Fusion Cloud Applications Suite to support its mission of being a self-sustaining, independent Tribe.

Several points in Shawnee, Okla., are shining brighter now that JCM Global has installed numerous outdoor digital signs for the Citizen Potawatomi Nation. The Citizen Potawatomi Nation Monument now glows with a 10mm Mitsubishi NXL Series measuring 9.5 feet wide x 5 feet high and enables the Tribe to dynamically communicate messages to members and visitors.

In an effort to combat illegal gaming activities, Michigan Gaming Control Board Executive Director Henry Williams recently met with Flint Mayor Sheldon Neeley and State Rep. Cynthia Neeley (D-Flint) to discuss strategies to help deter and crack down on illegal gaming operations in the city.

Win Systems is going to attend G2E Las Vegas, to be held October 10–12 at the Venetian Expo. The company will be at the same booth as last year, #4447, where visitors will be able to see and learn first-hand about all the latest innovations designed to optimise casino operations and player experience.

edX, a leading global online learning platform from 2U Inc., and global technology leader HP Inc. announced a new online Professional Certificate programme in Esports Management, Game Design, and Programming to bring cutting-edge skills to learners globally.

CT Gaming has officially announced its attendance at G2E 2023, taking place in Las Vegas from 10-12 October. The Expo is recognised across the industry as a crucible of innovation and business opportunities, where CT Gaming will be presenting a blend of its legacy products and new developments at stand 2050.

INTELITY announced that it will exhibit at the 2023 Global Gaming Expo from October 9–12 at The Venetian Expo in Las Vegas, Nevada. During G2E 2023, INTELITY will highlight the latest updates to its cloud-based Platform R5, as well as its newly updated API capabilities, both used by dozens of casinos around the world.

Partnerships

SharpLink Gaming announced that SaharaBets will be the first U.S. sports betting operator to begin integration of SharpLink’s innovative new C4 BetSense technology into its online betting platform.

CT Interactive has signed a distribution deal with Vivelo24. Through this agreement, the Mexican players will get the chance to experience the amazing products of the leading online provider CT Interactive.

Playtech has announced its continued partnership with betPARX. Under this collaboration, betPARX has integrated Playtech’s industry-leading IMS platform and native mobile applications to power its launch in Maryland.

With the grand opening of The Queen Baton Rouge, the first land-based casino in the city, The Queen Casino & Entertainment has successfully launched Konami Gaming’s SYNKROS casino management system.

Gambling in the USA

Gaming Americas Weekly Roundup – September 11-17

Published

2 weeks ago

September 19, 2023

Niji Narayan

Reading Time: 2 minutes

Latest News

Potawatomi Hotel & Casino has opened the second phase of its $190m renovation project with two new gaming areas; ElevenHundred and the Atrium, offering more slots, table games, new bars and new restaurants.

Tipico Sportsbook has launched a new digital marketing campaign for the NFL and college football season. Named “Bet Against Your Rival,” this initiative engages NFL fans in Colorado, Ohio and New Jersey, where Tipico operates. The eligible customers in these states will receive weekly bet credits, allowing them to bet against their home team’s historic rivals.

Rush Street Interactive’s BetRivers and PlaySugarHouse platforms have introduced the Prop Central offering to coincide with the start of the NFL season. The product presents multiple player prop wagering options in one location, allowing bettors to navigate through the range of markets with fewer clicks.

Caesars Entertainment, in partnership with Keeneland and Red Mile Gaming & Racing, celebrated the grand opening of Caesars Sportsbook at Red Mile. The more than 4600-square-foot sportsbook in Lexington is the only retail sportsbook in Central Kentucky.

Yaamava’ Resort & Casino at San Manuel has been named the winner in two categories in the 2023 USA Today 10Best Readers’ Choice Awards. First for the Best Casino Outside of Las Vegas, ranked No. 1 among fans nationwide; and Yaamava’s fine dining restaurant, The Pines Modern Steakhouse, was also voted the “Best Casino Restaurant” this year.

Mohegan INSPIRE has appointed Chen Si as its President and Wade Howk as its chief operating officer. As President, Chen Si will guide strategic planning and operational results at Mohegan INSPIRE. As COO, Wade Howk will serve as the second in command at the property and assist the President, Chen Si, in carrying out his duties.

Betfred USA has appointed Kresimir Spajic as its new CEO. He will spearhead the sportsbook’s vision, strategy and operational execution across ten US states, which include the likes of Colorado, Ohio and Nevada.

Partnerships

Table Trac Inc. announced it has signed an agreement to replace a competitor’s system with the CasinoTrac casino management system, for the Red Cliff Band of Lake Superior at Legendary Waters Resort and Casino, in Bayfield, Wisconsin.

Braight AI has formed a strategic partnership with Amazon Web Services (AWS) in Mexico. The collaboration marks a significant milestone for Braight as it extends its international reach and harnesses the power of AWS cloud services to equip financial institutions in Mexico to make informed data-driven decisions, mitigate risks and optimise their marketing strategies.

Quick Custom Intelligence (QCI), a leading enterprise solutions provider, announced an extension of their partnership with Black Oak Casino & Resort. Building on the success of the QCI Enterprise Platform, Black Oak will now incorporate the QCI Power Pack and Events modules to elevate guest satisfaction and bolster profitability.

Genius Sports Limited has struck a new partnership with Snap Inc. to power immersive augmented reality (AR) fan experiences via Snapchat Lenses. Genius Sports will help to power the next wave of Snapchat Lenses through NFL Official League Data, providing millions of fans with phone-based, highly shareable content.

Gambling in the USA

Gaming Americas Weekly Roundup – September 4-10

Published

3 weeks ago

September 12, 2023

Niji Narayan

Reading Time: 2 minutes

Latest News

MGM Resorts International and BetMGM announced that they are launching a responsible gaming campaign at nine National Football League (NFL) stadiums, promoting their responsible gaming programme GameSense during this football season. With this development, MGM Resorts and BetMGM are among the first gaming operators to promote responsible gaming through marketing within League venues.

Mobile sports betting is coming to Kentucky, and Caesars Entertainment announced that its flagship sports wagering app, Caesars Sportsbook, is now available for download and registration. Sports fans who want to prepare for the launch of mobile sports wagering can download the Caesars Sportsbook app on iOS and Android or visit caesars.com/sportsbook on desktop to register and take advantage of a special early deposit offer when depositing between September 7 and 27.

Pragmatic Play has launched a localised Roulette table for operators in Brazil. Creating its first Brazilian Portuguese-language version of its leading Live Casino product, the new release includes Pragmatic Play’s signature high-quality studio, boasting a 4K immersive view which Brazilian operators will now benefit from.

BetMGM announced that Buffalo, a land-based casino favourite, is now available at its online casino. BetMGM is the world’s first online casino to offer the Buffalo slot. Buffalo now is available to play at BetMGM in New Jersey and the operator plans to launch the game in the near future in Pennsylvania and Michigan.

SharpLink Gaming announced the successful launch of LeagueSafe’s new, highly rated mobile app, with over 16,000 downloads by fantasy sports players since the app’s debut in Google Play and the Apple App Store in early August.

Betr Holdings announced it has officially launched its real money sportsbook product in Virginia, its third real money online sports betting (OSB) state following Ohio and Massachusetts. The Betr Fantasy & Sportsbook app is available on the iOS store and the Betr – Microbetting app is available on the Google Play store.

Century Casinos announced that it completed the sale of the real estate assets of Century Casino & Hotel Edmonton, Century Casino St. Albert and Century Mile Racetrack and Casino in Edmonton, Alberta and Century Downs Racetrack and Casino in Calgary, Alberta (collectively, the Century Canadian Portfolio) to subsidiaries of VICI Properties Inc. for an aggregate purchase price of CAD 221.7 million (USD 162.4 million) in cash.

Gaming Laboratories International is now the first laboratory accredited in the State of Paraná and the first laboratory to be accredited following a formal laboratory accreditation process in Brazil. The milestone achievement builds on GLI’s 25 years of service to the gaming industry throughout Latin America and the Caribbean.

Partnerships

Bravery Gaming and Konami Gaming announced a groundbreaking partnership that will revolutionise the Coin Operated Amusement Machine (COAM) landscape in Georgia. Konami has chosen Bravery Gaming to be the exclusive distributor of its games in regulated non-casino markets, beginning with the state of Georgia.

SCCG Management announced a strategic partnership with the innovative sports league, Pillow Fight Championship (PFC). This collaboration aims to elevate PFC’s global stature, leveraging SCCG’s extensive experience with sports leagues and teams across North America.