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Gambling in the USA

Century Casinos, Inc. Partners with Circa Sports for Internet Sports Betting

George Miller

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Century Casinos, Inc. Partners with Circa Sports for Internet Sports Betting
Reading Time: 2 minutes

 

Century Casinos, Inc., announced that it has partnered with Circa Sports Colorado LLC (“Circa Sports”) as one of its Internet Sports Betting Operators in Colorado. The Company, through a subsidiary, and Circa Sports have submitted applications with the State of Colorado to obtain the necessary licenses prior to May 1, 2020. The Circa | Sports™ mobile sports betting app will operate in association with one of the Colorado Master Licenses for sports wagering held by the Company’s subsidiaries.

“We are excited to be at the forefront of sports betting in Colorado with our partners at Century Casinos,” said Derek Stevens, CEO of Circa Sports. “Colorado has proven to be an ideal place to mark the official expansion of Circa Sports outside of Nevada with its pro-growth regulatory environment. Furthermore, the Colorado Division of Gaming has done an excellent job to ensure a seamless application and launch process,” Stevens concluded.

The Sportsbook Cooperation Agreement with Circa Sports is a 15-year agreement that includes a market access fee, a share of net gaming revenue and a minimum revenue guarantee payable to the Company each year. The app is expected to launch on or about May 1, 2020.

In November 2019Colorado voters approved Proposition DD ratifying state legislation approving sports wagering throughout the states. Rules are expected to be approved by the Colorado Division of Gaming in February 2020 and sports betting is expected to begin on May 1, 2020.

The Company has two more Master Licenses available for sports betting partnerships in Colorado.

 

About Circa Sports Colorado LLC:
Helmed by casino owner and Downtown Las Vegas developer Derek Stevens, Circa Sports is blazing a new trail in the gaming industry by combining customer-first approach to business with a team of the country’s top oddsmakers. Circa Sports boasts one of the most competitive wagering menus in Las Vegas and will be a leader in the city for sports futures. Following the company’s launch at Golden Gate Hotel & Casino and the D Las Vegas, Circa Sports may also introduce a satellite program at Century Casinos’ Colorado locations on May 1, 2020 and will introduce the multi-level, stadium style sports book at Circa Resort & Casino in December 2020.

 

About Century Casinos, Inc.:
Century Casinos, Inc. is an international casino entertainment company that operates worldwide. The Company owns and operates Century Casino & Hotels in Cripple Creek and Central City, Colorado, and in Edmonton, Alberta, Canada; the Century Casino in Cape Girardeau and Caruthersville, Missouri; in Calgary and St. Albert, Alberta, Canada and in Bath, England; Mountaineer Casino, Racetrack & Resort in New Cumberland, West Virginia, the Century Mile Racetrack and Casino (“CMR”) in Edmonton, Alberta, Canada; and Century Bets! Inc. (“CBS”). CBS and CMR operate the pari-mutuel off-track horse betting networks in southern and northern Alberta, respectively. Through its Austrian subsidiary, Century Resorts Management GmbH (“CRM”), the Company holds a 66.6% ownership interest in Casinos Poland Ltd., the operator of eight casinos throughout Poland; and, a 75% ownership interest in Century Downs Racetrack and Casino in Calgary, Alberta, Canada. The Company operates five ship-based casinos. The Company, through CRM, also owns a 7.5% interest in, and provides consulting services to, Mendoza Central Entretenimientos S.A., a company that provides gaming-related services to Casino de Mendoza in Mendoza, Argentina. The Company continues to pursue other projects in various stages of development.

 

SOURCE Century Casinos, Inc.

Gambling in the USA

Record $1 Billion In Online/Mobile Sales For Scientific Games iLottery Partner Pennsylvania Lottery

George Miller

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Record $1 Billion In Online/Mobile Sales For Scientific Games iLottery Partner Pennsylvania Lottery
Reading Time: 3 minutes

 

Scientific Games Corporation congratulates the Pennsylvania Lottery (or the “Lottery”) on the most commercially successful iLottery online/mobile launch in North America to date as total sales for the popular digital lottery games hit the $1 billion mark shortly before the program’s two-year anniversary. Significantly surpassing any previous North American iLottery launch in history, the program launched and managed by Scientific Games is also on track to top $1 billion in sales annually.

“Our goal in offering our players the option for online/mobile play in May 2018 was simply to meet players where they are, which is online, and it has been exceptionally well-received,” said Drew Svitko, Executive Director of the Pennsylvania Lottery. “During this unprecedented time, we are reminding Lottery players that they have the option to take advantage of playing PA Lottery online games at pailottery.com. This is the only place where PA Lottery players can buy their Powerball® and Mega Millions® tickets without having to leave their homes. This is also another way people can support older Pennsylvanians during this challenging time.”

Svitko went on to say that the PA iLottery program has helped protect vital funding for state programs benefitting older Pennsylvanians.

The Pennsylvania iLottery program is powered by Scientific Games’ OGS, the industry leading content aggregation platform, and OpenPlatform™, a player account management suite that includes responsible gaming tools, and an innovative affiliate program that benefits the Lottery’s retailers. As part of the affiliate program, the Lottery currently has a partnership with about 500 of its 9,800 retailers  to encourage players to sign up for online/mobile play. During the first full fiscal year of iLottery, Pennsylvania’s traditional lottery sales—or sales at brick-and-mortar retailers—grew 7.2% over the prior fiscal year and Scratch-Off sales grew 5.9%.

The Pennsylvania Lottery, which already had the highest performing combined retail and digital instant lottery program in North America, continues to break records with an 80% jump in iLottery revenues (current weeks vs. pre-COVID weeks) and a 200% uptick in first time players. The state’s iLottery sales recently hit a record $4.2 million in online/mobile sales in a single day and are currently averaging over $3 million per day.

“What’s encouraging to states looking to launch online/mobile lottery sales is that when the COVID crisis happened, Pennsylvania had a partnership and program in place to protect vital funding—including effective management of the combined retail and digital game portfolio, an iLottery platform and services to attract and retain players, integrated to support retailers while continuing the strategic management of traditional lottery products sold in stores,” said Pat McHugh, Group Chief Executive, Lottery for Scientific Games.

Currently, 13 of 46 U.S. lotteries allow lottery games to be purchased online, but only seven of those, including Pennsylvania, offer eInstant games. The Pennsylvania Lottery currently offers players 70 different eInstant games.

“Many states will look to Pennsylvania’s program to modernize lottery products online and at retail,” said McHugh. “Pennsylvania has effectively managed high-performing retail and digital instant games creating benefits for players, retailers and the Commonwealth’s programs supporting older Pennsylvanians.”

In addition to retail and digital game portfolio management, Scientific Games provides the Pennsylvania Lottery with consumer research, player acquisition and retention programs, and an omni-channel iLottery platform, as well as a team of marketing experts who use powerful CRM tools and bonusing programs that engage and retain lottery players. The Company is also the Lottery’s longtime systems technology and retail instant game provider.

Scientific Games launched the world’s first secure retail instant game in 1974, the first digital instant game in the U.S. in 2014, and is the leading provider of lottery interactive games, mobile apps, player loyalty programs and other interactive products and services in the U.S. lottery industry.

© 2020 Scientific Games Corporation. All Rights Reserved.

 

SOURCE Scientific Games Corporation

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Gambling in the USA

Casinos Introduce Safety Protocols for Reopening in Light of COVID-19 Closure – Limited Facility Offerings, Limited Seating, Slot Machine Spacing, Temperature Checks Prior to Entry

George Miller

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Casinos Introduce Safety Protocols for Reopening in Light of COVID-19 Closure - Limited Facility Offerings, Limited Seating, Slot Machine Spacing, Temperature Checks Prior to Entry
Reading Time: < 1 minute

 

ResearchAndMarkets.com published a new article on the gambling industry, “Casinos Introduce Safety Protocols to Maintain Social Distancing Amid COVID-19”

Almost all of the US commercial and tribal casinos closed because of COVID-19. As several states plan for reopening, casino operators are introducing new safety protocols to allow them to reopen once lockdowns are eased. Many casinos plan to offer limited facilities initially with slot machines and blackjack reopening first and poker, gym and spa facilities and hotels remaining closed. Casinos will also limit seating at blackjack tables and space slot machines out to maintain social distancing.

Many casinos are also introducing temperature checks prior to entry for customers and staff and will require employees to wear masks. There will also be hand sanitizing stations and employees will be required to wear masks. The Las Vegas Sands Corp has announced plans to reopen casinos in June and has been offering free COVID-19 tests to employees and their households to minimize the risk of virus transmission.

Arizona casinos are allowed to reopen from May 15 with limited facilities and new sanitation procedures. Meanwhile, Nevada has extended the stay-at-home order into May and is working with Washington, Oregon, California and Colorado to jointly coordinate plans for reopening businesses. Casinos have seen increased revenue from online casino and poker games during the pandemic while sportsbooks bets have decreased significantly owing to the cancellation of major sporting events.

To see the full article and a list of related reports on the market, visit “Casinos Introduce Safety Protocols to Maintain Social Distancing Amid COVID-19”

 

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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Gambling in the USA

Gaming Americas Weekly roundup

Niji Narayan

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Reading Time: 3 minutes

Welcome to our weekly roundup of American gambling news!

All news are in one way or other influenced by COVID-19 lockdown. Many of the news have positive hues. Several gambling companies are in preparation for their reopening. Some have announced the dates for their “phased” reopening.

The re-opening would mean some unprecedented safety measures in casinos. Some of the gambling equipment manufacturers have come up with innovative Corona-specific products as well.

Then there are the financial results. As you would expect, most the the first quarter financial results were hit by the lock down and social distancing measures.

The following is a brief summary of top news happened in the North American gambling industry. Read on and get updated.

Casino Reopening

As the Eastern Band of Cherokee Indians (EBCI) and North Carolina begin to lay out a framework for easing restrictions relating to COVID-19, the casinos are looking forward to a return to operation. Harrah’s Cherokee Casinos is going to reopen its Harrah’s Cherokee Casino Resort and Harrah’s Cherokee Valley River in North Carolina on May 18.

In Arkansas, Gov. Asa Hutchinson has permitted the casinos to reopen from May 18 with limited capacity. The casinos are in preparation for resuming the operations.

Safety Measures

Gaming companies are implementing health and safety measures in their properties in this pandemic situation. MGM Resorts released health and safety guidelines for its reopening.

The guidelines titled “Seven-Point Safety Plan” offers a multi-layered set of protocols and procedures designed in conjunction with medical and scientific experts to deter the spread of the virus, protect customers and employees and rapidly respond to potential new cases. The guidelines touch on virtually every aspect of casino operation and ensure healthy social distancing.

Many casinos have even redesigned their structures to offer greater distancing and provide more separation between players. Palace Casino Resort in Mississippi is an example for this.

The resort has redesigned its casino floor layout for social distancing. The spa and fitness centre will remain closed to avoid direct contact. Valet parking, room service and other hotel services will not be available when the property reopens.

Smith Rosen Gaming Partitions has launched a set of scratch-resistant slot machine partitions, which can clean themselves. The new innovation based on UVC-powered technology will help casinos to tame the spread of the corona virus as well as to satisfy the recent regulations and recommendations for social distancing. The specifically engineered slot machine partitions are proven to stop the proliferation of virus and bacteria in a casino environment.

Financial Reports

Some companies have announced their financial results this week. Eldorado Resorts announced their first quarter 2020 results. Eldorado reported a 25% decline in revenue during Q1 due to the Coronavirus crisis. Net revenue for Q1 was US$473.1 million. Eldorado also announced an operating loss of US$123.2million. The operating income in Q1 2019 was US$123.6million.

Twin River Worldwide Holdings also announced its financial results for the first quarter of 2020. The results are expectedly modest, as the casinos remained closed from mid-March.

Compliance

In Oklahoma, the Oklahoma Indian Gaming Association (OIGA) amended its bylaws and suspended the membership of the Otoe-Missouria Tribe and the Comanche Nation. The board and membership of OIGA voted to amend its bylaws and remove two tribal members from the organisation.

The amendment to the bylaws states: A member tribe found by a vote of the Board of conduct not in the best interest of the Association may be suspended for the remainder of the calendar year. Once the suspension has expired, the tribe may seek reinstatement of membership, which shall be voted on by the board.

But, the chairmen of Otoe-Missouria Tribe and Comanche Nation have defended these gambling compacts and urged the U.S. Department of the Interior to approve them. Both the chairmen outlined their positions in a ten-page legal memo sent to Secretary of the Interior David Bernhardt.

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