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Gambling in the USA

PGCB releases study of casinos’ impact on horse racing

Niji Ng

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Photo credits: http://mychesco.com
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The Pennsylvania Gaming Control Board (PGCB), the gaming authority of Pennsylvania, published its annual report that studies the impact of casinos on the horse racing industry.

PGCB’s Annual Racetrack Casino Benchmark Report details the impact of Pennsylvania casinos on the Commonwealth’s horse racing industry.

The report includes and compares information from the 2017 calendar year. Among the report’s findings is that the tax generated by the play of slot machines amount to US$239 million and was earmarked for enhancements of race purses, assisting breeding operations located in Pennsylvania, providing health and pension benefits for horsemen, and to support agricultural initiatives.

The report also shows that total dollars wagered on live races held at the six racetracks operating in the Commonwealth was up three per cent in 2017, exceeding US$700 million. The horse racing tracks operating in conjunction with casinos in Pennsylvania are: Parx Casino in Bucks County, Presque Isle Downs & Casino in Erie County, Hollywood Casino at Penn National Race Course in Dauphin County, the Downs at Mohegan Sun Pocono in Luzerne County, the Meadows Racetrack and Casino in Washington County and Harrah’s Philadelphia Racetrack and Casino in Delaware County.

Niji has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. Besides reporting industry headlines from all around the globe, Niji is also head of the content management team at Impressions Content Management, based in Kerala, India, which offers writing and editing services to clients around the world.

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Gambling in the USA

GAN plc: New Jersey’s online gambling revenue rises in November

Niji Ng

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GAN plc: New Jersey’s online gambling revenue rises in November
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GAN plc, an award-winning developer and supplier of enterprise-level B2B Internet gaming software, services and online gaming content in the United States, updated the market following the publication on December 12, 2018 by the New Jerseys Division of Gaming Enforcement (DGE) of Internet gaming and Internet sports betting financial information for the calendar month of November 2018 in New Jersey.

According to the latest financial report of the New Jersey’s Division of Gaming Enforcement,  online gaming win for November in was $26.9 million in November, which represents a 30.7% hike year-on-year.

The total revenue from internet sports wagering was about $238.6 million for the month of November 2018, a rise of 36.8% from from the previous month.

Sports wagering gross revenue was $21.2 million, $11.7 million more than the previous month’s revenue.

GAN is a leading business-to-business (B2B) supplier of internet gambling software-as-a-service solutions (SaaS) to the US land-based casino industry. The Company has developed a proprietary internet gambling enterprise software system, GameSTACK„¢, which it licenses principally to land-based US casino operators as a turnkey technology solution for regulated real-money internet gambling, encompassing internet gaming, internet sports gaming and virtual Simulated Gaming.

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Gambling in the USA

Holiday Responsible Gambling Campaign to be launched in Massachusetts

Niji Ng

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Holiday Responsible Gambling Campaign to be launched in Massachusetts
Photo Source: twitter.com/MassGamingComm / MGC Interim Chair Gayle Cameron was proud to take part in this year’s Massachusetts Partnership for Responsible Gambling
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In a joint initiative, the Massachusetts Gaming Commission and the state lottery are going to launch the Holiday Responsible Gambling Campaign. The campaign is intended to create awareness about the dangers of buying lottery tickets for children and the pitfalls of encouraging any form of underage gambling.

There is a widespread practice among adults to gift under-aged persons a variety of shadow-gambling gifts such as scratch tickets, lottery tickets, believe it or not, or even casino tokens.

“Let’s try to refocus our consumers into giving toys that are age appropriate. As I mentioned during our presentation this is the type of really cute gift you want to be giving to someone who’s a child, you don’t want to be giving them a five or ten dollar scratch ticket or something related to a casino operation,” said Massachusetts State Lottery Director Michael Sweeney.

A toy drive will be part of the campaign to help provide appropriate gifts for kids across Massachusetts.

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Gambling in the USA

PointsBet obtains New Jersey approval

Niji Ng

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PointsBet obtains New Jersey approval
Photo Source: aifs.gov.au
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New Jersey’s Division of Gaming Enforcement (DGE) has approved PointsBet, an Australian company that offers an innovative form of sports betting.

The Australian company will function in association with the Meadowlands Racetrack on a “soft play” basis.

PointsBet follows a different system of payouts calculation. Basically, payouts vary, not a constant amount. For example, if you bet $10 and correctly predict the over in an NBA game, you will receive $10 for every point over the total. Conversely, you will lose $10 for every point under the total in a losing bet.

“The more your bet wins by, the more you win,” the company’s website – which has already been updated to include Tuesday’s news – reads.

“PointsBet is New Jersey’s first specialist PointsBetting provider,” the website says, with a picture of local New York Jets legend Darrelle Revis pictured as brand’s ambassador.

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