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Gambling in the USA

Aristocrat’s All-new EDGE X™ Cabinet Now Appearing in USA Casinos

George Miller

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Aristocrat's All-new EDGE X™ Cabinet Now Appearing in USA Casinos
Photo Source: whipsaw.com
Reading Time: 2 minutes

 

Casino players nationwide are on the EDGE of their seats with excitement, enjoying games in Aristocrat’s new EDGE X™ cabinet. The all-new cabinet made its official launch at the Indian Gaming Tradeshow and Convention, and now it is appearing on casino floors across the U.S.

Aristocrat‘s all-new EDGE X™ cabinet features two stacked, horizontal, curved 43″ cinematic LCD screens displaying panoramic views, with stereo symphonic surround sound and virtual button deck, all in a cabinet that occupies a larger-than-life footprint.

EDGE X is entertaining players with two big launch titles: FarmVille™ slot game and Madonna™ slot game.

The FarmVille game is based on the FarmVille Social builder and FarmVille Social slots enjoyed by more than 100 million players worldwide. Slot players will find all of their favorite characters, farm animals, and livestock. The game features Persistent Free games and the popular Mighty Cash Hold & Spin mechanic. Adding to the fun is a single-site progressive with grand jackpot starting values of $2,500 or $5,000.

The Madonna game invites players to get into the groove with entertaining game play that perfectly captures the essence of the “Material Girl” and her spirit that continues to captivate the world. This game features persistent Mighty Cash Hold & Spin Multipliers, Free Games, and a “Like a Virgin” Wheel Bonus. Madonna offers a multi-site progressive with a grand jackpot starting value of $250,000 or a single-site progressive with a grand jackpot starting value of $5,000.

Players can find where to play by visiting www.aristocrat-us.com/where-to-play. Information on responsible gaming is available at www.aristocrat.com/sustainability/responsible-gambling-game-play.

 

About Aristocrat:
Aristocrat Technologies Inc. is a subsidiary of Aristocrat Leisure Limited (ASX: ALL), a global games leader with more than 5,000 employees. The company is licensed in around 300 gaming jurisdictions, operates in more than 90 countries, and offers a unique blend products and services. The company’s mission is to bring joy to life through the power of play. Its values are rooted in creativity and technology, and the company has a rich history of innovation that has shaped the gaming industry over many decades.

 

Source: Aristocrat Technologies Inc.

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Gambling in the USA

Oklahoma Tribal Leaders Approve a Resolution against Governor’s Gambling Plan

Niji Narayan

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Oklahoma Tribal Leaders Approve a Resolution against Governor’s Gambling Plan
Reading Time: 1 minute

 

The leaders of Oklahoma-based Cherokee, Chickasaw, Choctaw, Muscogee (Creek) and Seminole nations have approved a resolution denouncing the new Republican governor’s plan to force negotiations for a bigger slice of revenue from Oklahoma’s tribal casinos.

The Inter-Tribal Council of the five civilised tribes approved the resolution during a meeting in Tulsa.

Last week, Gov. Kevin Stitt said that the existing compacts should be reevaluated now that the gambling industry has matured in Oklahoma.

Tribal leaders and the governor disagree over what triggers a 15-year renewal of the compacts.

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Compliance Updates

Sports Betting Becomes Legal in New Hampshire

Niji Narayan

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Sports Betting Becomes Legal in New Hampshire
Photo Source: reviewjournal.com
Reading Time: 1 minute

 

New Hampshire has become the latest U.S. state to legalise sports gambling. Gov. Chris Sununu signed into law a measure that legalises betting on professional sports and most Division I college sports, excluding games involving New Hampshire schools. The state Lottery Commission will regulate the new industry.

“We can do it with a lot of confidence because it’s being done responsibly, and it’s being done with an organization here at the lottery that just knows what they’re doing. They know how to get this stuff off the ground,” Sununu said.

Opponents had argued sports betting would continue the state’s reliance on problematic revenue sources, including alcohol and cigarettes, the so-called “sin taxes.” But supporters argued legalising of sports betting will bring black-market activity to the surface and provide support for problem gamblers through a new organisation focused on education, prevention and treatment.

“I’m happy we’re bringing an illicit activity into the light for our citizens of New Hampshire and allowing for some consumer protections,” Rep. Timothy Lang said. He called it a win for residents, communities, the state and public education.

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Gambling in the USA

Twin River Worldwide Signs Agreement to Acquire Two Casinos from Eldorado Resorts

Niji Narayan

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Twin River Worldwide Signs Agreement to Acquire Two Casinos from Eldorado Resorts
Reading Time: 1 minute

 

Twin River Worldwide Holdings has entered into a definitive agreement to acquire the Isle of Capri Casino in Kansas City and Lady Luck Casino in Vicksburg from Eldorado Resorts in a cash transaction for $230 million.

The purchase price represents an implied trailing twelve month proforma earnings before interest, taxes, depreciation and amortisation multiple of approximately 8.4× for the properties on a combined basis.

“This transaction continues our focus on creating long-term shareholder value as we strive to develop or acquire assets which we believe will prove accretive to our earnings,” George Papanier, President and CEO of TRWH said.

“Isle Kansas City and Lady Luck Vicksburg expand our geographic footprint with assets in attractive markets. We believe these assets are a great fit for our portfolio and see the opportunity to increase the net cash flow from these properties by our redevelopment and operating plans. In particular, in Kansas City, where the property lies within an area near downtown that has been targeted by local officials for development, we feel there is opportunity for capital investment in the property which we believe will have a transformative impact and integrate well with local development efforts in the area,” George Papanier added.

The transaction is subject to receipt of required regulatory approvals and is expected to close in early 2020.

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