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Gambling in the USA

SBTech secures landmark sportsbook partnership with US casino giant Golden Nugget Casinos

George Miller

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SBTech-Golden Nugget partnership
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Industry-leading technology provider to supply cutting-edge omni-channel solution to multi award-winning casino operator in New Jersey and Mississippi

 

London, UK – 23 July 2018 — SBTech, the leading sports betting solutions provider to the regulated global iGaming industry, has been confirmed as the new omni-channel sports betting supplier to Golden Nugget Casinos in Biloxi, MS and Atlantic City, NJ. Golden Nugget is the No. 1 online casino operator by market share in New Jersey and the recent winner of eGR North America 2018 Operator of the Year Award.

This agreement is the latest in a series of US partnerships announced by SBTech, following Churchill Downs Incorporated and Resorts Casino Hotel, further expanding its North American footprint in the wake of the Supreme Court’s repeal of PASPA.

To power its online sports product, SBTech will integrate its sportsbook with Golden Nugget Casinos’ existing iGaming platform in New Jersey providing a full platform and sportsbook solution to the company’s on-property businesses in New Jersey and Mississippi, including an integration into their existing casino management systems.

A customizable and highly flexible front end was designed specifically for Golden Nugget Casinos to ensure maximum differentiation, while the industry’s most advanced responsible gaming infrastructure will enable SBTech to meet the licensing requirements set out by both states. Similarly, a bespoke trading strategy and non-pooled risk management powered by unrivalled levels of automation will allow Golden Nugget Casinos to offer unique pricing for all US sports.

As the undisputed pacesetter in the in-play arena, SBTech’s live offering, especially in US sports, will reinforce the long-term success of Golden Nugget’s sportsbooks, with the industry’s widest range of events and markets and groundbreaking new mobile-first features such as Pulse Bet (patent pending) and Action Betting expected to boost in-play turnover from key demographics.

SBTech CEO Richard Carter said: “I’m very pleased to confirm our latest strategic partnership with a major US operator. Golden Nugget fully shares our vision of leveraging the power of innovation to achieve sports betting success, and as the US market matures, I’m confident of the potential for further collaboration in multiple jurisdictions.”

“Since sports betting is a critical component of our successful expansion for online betting and gaming in the US, SBTech persisted through our arduous review process,” said Thomas Winter, SVP & GM, Online Gaming at Golden Nugget. “In the end, we knew SBTech was the right partner for us because of its industry-leading retail and online technology, their significant and diverse regulatory experience as well as its innovative product-driven approach.”

 

About SBTech:

SBTech is a global leader in omni-channel sports betting and gaming, with over 1,000 employees in 8 offices worldwide. Since 2007, the group has developed the industry’s most powerful online sports betting and casino platform, serving licensees in over 15 regulated markets.

SBTech’s clients include many of the world’s premier betting and gaming operators, state lotteries, land-based casino and horse racing companies, and igaming start-ups. The group supplies superbly flexible betting and gaming solutions to clients looking for speed to market and exceptional configurability, supported by the best business intelligence and reporting capabilities.

The SBTech offering includes its Seamless Sportsbook, the Chameleon360 iGaming Platform, Managed Services, and retail and omni-channel solutions that provide players with constant access to sports and casino products across all touchpoints: online, mobile and retail.

Backed up by unrivalled expertise in trading and risk management, regulatory compliance, AML and KYC procedures, acquisition and CRM, SBTech’s partners consistently achieve rapid growth, enhanced brand loyalty and peak profitability.

For more information, visit: www.sbtech.com

 

About Golden Nugget Atlantic City:

The Golden Nugget Atlantic City, located on Frank S. Farley Marina, is a premier resort destination, offering guests more than 740 rooms and suites. The entire property went through a $150 million complete renovation 5 years ago and has taken on a fresh, modern look to include a high-energy casino featuring the most popular slot and video poker machines, table games, and poker room; nightly entertainment, new bars and lounges, Haven Nightclub, stylish retail offerings, as well as Landry’s signature world-class restaurants such as Chart House and Vic & Anthony’s Steakhouse; a luxury spa and salon; and H20 poolside lounge.

Launched in November 2013, GoldenNuggetCasino.com intends to offer the best user experience to New Jersey online and mobile real-money gaming players. Supported by the largest selection of games for both desktop and mobile players, a user-friendly interface and a world-class Customer Service team. GoldenNuggetCasino.com recently won four awards including the prestigious Operator of the Year 2018 at the eGR North America 2018 Awards, which it also won in 2017. This follows on its three consecutive years in a row from 2015 to 2017, it won Operator of the Year at the iGaming North America Awards.

About Golden Nugget Biloxi:

The Golden Nugget Biloxi, located on the Gulf of Mexico, is a premier resort destination, offering guests more than 710 rooms and suites. The entire property recently underwent a $100 million renovation taking on a fresh, modern look which includes a high-energy casino featuring the most popular slot and video poker machines, table games, and poker room; nightly entertainment, new bars and lounge, as well as Landry’s signature world-class restaurants such as Morton’s The Steakhouse, Bubba Gump Shrimp Co., Michael Patrick’s Sports Bar and Grill, and Lillie’s Asian Cuisine. Golden Nugget has further introduced first-class accommodations, exquisite dining options and fun-filled entertainment venues unlike anything else available in Biloxi. For more information visit www.goldennugget.com/Biloxi.

Gambling in the USA

Rush Street Interactive Partners With Global Leader Scientific Games To Premier Its Online Casino Games In The Pennsylvania Market At BetRivers.com And PlaySugarHouse.com

George Miller

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Rush Street Interactive Partners With Global Leader Scientific Games
Reading Time: 2 minutes

 

Rush Street Interactive (RSI) is excited to partner with Scientific Games to become the first online casino operator in Pennsylvania to premier the global entertainment company’s fan favorite games on its BetRivers.com and PlaySugarHouse.com sites.  The newly launched games include 88 Fortunes, which is the most popular slot game on the PlaySugarHouse.com online casino site in New Jersey, as well as a player favorite at Rivers Casinos in Philadelphia and Pittsburgh, along with Spartacus™, Starmania® and Mad Mad Monkey®.

“We are excited to partner with Scientific Games to be the first online operator in Pennsylvania to bring these top quality and well-known casino games to our players,” said Richard Schwartz, President of Rush Street Interactive, which operates BetRivers.com and PlaySugarHouse.com.  “88 Fortunes is already the most popular slot game out of over 550 slot games on PlaySugarHouse.com in New Jersey and we expect Pennsylvania players will love playing it online just as much.”

With the combination of beautiful Asian artwork and bonus features, 88 Fortunes is a fan favorite because of the bounty of winning opportunities it offers players.  88 Fortunes Fu Bat Jackpot feature offers four progressive levels with a Grand Jackpot possible.  Players also enjoy the ability to trigger the free games feature that can also be retriggered.

“Scientific Games is thrilled to partner with Rush Street Interactive, a proven online gaming operator and market leader for online casinos in Pennsylvania,” said Bob Hays, VP Commercial, North America for Scientific Games.  “We are proud to be close partners with RSI as we collaborate together to grow the exciting online casino category in the US market.”

Both BetRivers.com and PlaySugarHouse.com currently offer a match of a new customer’s first deposit, up to $250.  The award-winning sites/apps also focus on offering high quality customer service; great deposit/withdraw methods and quick payouts.  Both sites have seen an uptick of 4 to 5 times more players signing-up in the past few weeks.

Scientific Games slots join a robust but growing online casino catalog that now contains over 100 real-money slots, table games and video poker variants in Pennsylvania. In addition to fan-favorite casino slots, BetRivers.com and PlaySugarHouse.com feature online exclusive slots as well as progressive jackpot slots.  New titles are added weekly.

All ® notices signify marks registered in the United States.

 

SOURCE Rush Street Interactive

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Gambling in the USA

GAN’s Online Gambling Revenue in Pennsylvania Rises in February 2020

Niji Narayan

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GAN’s Online Gambling Revenue in Pennsylvania Rises in February 2020
Reading Time: < 1 minute

 

GAN plc has updated the market following the publication of Internet gaming and Internet sports betting financial information for the calendar month of February 2020 in Pennsylvania, by the Pennsylvania Gaming Control Board (PGCB).

Internet Gaming Win was $19.5 million in February, reflecting an increase of 39.6% from the prior sequential month. Total Internet Sports Wagering Handle was approximately $294.1 million in February, compared to $308.6 million in January. Internet Sports Wagering Gross Revenues (after payouts) for the month of February were $10.8 million, compared to$26.7 million in January.

Internet Sports Wagering Gross Revenues may vary from month to month due to the payouts for future events occurring months after the original wager was made and unredeemed winning wagers from prior months will become deductible upon redemption in future months.

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Gambling in the USA

Scientific Games Statement on COVID-19 Response

George Miller

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Scientific Games Statement on COVID-19 Response
Reading Time: 2 minutes

 

Scientific Games Corporation is taking essential actions to respond to the global COVID-19 crisis.

Scientific Games CEO Barry Cottle said: “Like many others, our industry is facing unprecedented challenges from the widespread impact of the COVID-19 outbreak. We are working around the clock to take care of our employees, customers, shareholders and other key stakeholders in these difficult times, while providing uninterrupted products and services to those customers who continue to operate. Thankfully, we came into this year with a very strong liquidity position, including substantial capacity under our revolver, and also refinanced our debt, extended our major maturities and lowered our interest expense. We have a diverse portfolio of assets, product and services that uniquely position us to weather this crisis.

We are taking a variety of actions to help ensure that we meet the demands of this outbreak and are ready when the industry begins to recover. I am confident that the measures we are taking now will prepare us to come out of the crisis even stronger than before. And, I have never been prouder to lead a team where everyone is stepping up to help each other, our partners and our Company.”

The Company is instituting a number of cost-savings measures to ensure stability for team members and protect the operations of the Company. Some of these measures include workforce hour and pay reductions to preserve as many jobs as possible and furloughs for those support roles that have seen a decrease in industry work. During this challenging time, the executive leadership team has committed to a voluntary 50% salary reduction while Chief Executive Officer Barry Cottle has volunteered a 100% reduction in pay.

We recognize that the temporary furloughs that are made necessary by the impact of COVID-19 on our Company create substantial hardship for the furloughed employees and their families. We are establishing a Hardship Relief Fund to provide short-term assistance to those employees and their immediate families who incur unexpected and onerous personal, family, or living expenses as a result of the COVID-19 crisis. The Company, Barry Cottle and several other senior executives will be making contributions to the fund.

Scientific Games is committed to supporting our customers in this crisis by continuing to provide quality, secure products and services to partners across lottery, iGaming, sports betting and land-based casinos. In addition, SciPlay continues to publish free-to-play apps for players to enjoy.

Scientific Games leadership will continue to evaluate this rapidly-evolving situation and assess the duration of cost-savings measures based on the continuing impact of COVID-19.

© 2020 Scientific Games Corporation. All rights reserved.

 

About Scientific Games:
Scientific Games Corporation (NASDAQ: SGMS) is a world leader in entertainment offering dynamic games, systems and services for casino, lottery, social gaming, online gaming and sports betting. Scientific Games offers the gaming industry’s broadest and most integrated portfolio of game content, advanced systems, cutting-edge platforms and professional services. Committed to responsible gaming, Scientific Games delivers what customers and players value most: trusted security, engaging entertainment content, operating efficiencies and innovative technology. For more information, please visit scientificgames.com.

SOURCE Scientific Games Corporation

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