Connect with us
European Gaming Congress 2024

Gambling in the USA

Gaming Americas Weekly Roundup – January 31-February 6

Published

on

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, new partnerships and new appointments. Read on and get updated.

Latest News

Penn National Gaming has announced that its subsidiary, Score Digital Sports Ventures (Canada) Inc. (theScore Bet), has received RG Check iGaming Accreditation from the Responsible Gambling Council.

Collegiate Sports Management Group, an integrated sports and entertainment media company focused on esports and traditional sports in the new creator economy, is launching ESPORTSU, its esports brand aimed at building community, content and events across the scholastic esports environment.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

The Nevada Gaming Control Board has shared its financial results for the last month of the year 2021, reporting that Nevada’s nonrestricted gaming licensees saw a total gaming win of $1.15bn.

Low6 has announced the successful completion of the company’s latest round of funding, ahead of an Initial Public Offering (IPO), expected to take place later this year.

Online payment solution AstroPay has launched its cryptocurrency offering, allowing clients to buy and sell crypto on the company’s platform and mobile app. The offering is cost-effective as users can trade cryptocurrencies without paying any purchase, trading, transfer, or maintenance fees.

Indigo Sky Casino & Resort has selected OPTX as its casino data platform for slots, slots artificial intelligence, player development and marketing. OPTX provides an end-to-end solution focused on slots, marketing and campaigns, player development and artificial Intelligence.

FanDuel Group and United Center, home of the Chicago Bulls and Chicago Blackhawks, announced plans to open a state-of-the-art FanDuel Sportsbook lounge inside Chicago’s most iconic arena.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

MGM Resorts has officially launched its new loyalty rewards programme, MGM Rewards. MGM’s this new loyalty rewards programme offers enhanced benefits and new ways to earn for its millions of members worldwide.

Sightline Payments announced the planned launch of its mobile loyalty platform, JOINGO, at Indigo Sky Casino & Resort in Wyandotte, Oklahoma in Q1 of this year.

New Partnerships

Caesars Sportsbook announced a partnership agreement with the New York Racing Association (NYRA) establishing Caesars as an official sports betting marketing partner and the title sponsor of the NYRA Turf Triple Series.

Betsson has signed a deal with the Federação Gaúcha de Futebol, in Rio Grande do Sul, Brazil, to sponsor the Gauchão 2022. In its 102nd edition of the competition, 12 clubs will play 72 games to compete for the title.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

PointsBet has entered into a partnership with Women in Sports Tech Inc. (WiST), a non-profit organisation dedicated to driving growth opportunities for women at the intersection of sports, technology and innovation.

PointsBet Canada has signed a multi-year deal to become the official sportsbook operator of Alpine Canada Alpin (ACA). The agreement commences with the current 2021-2022 season.

New Appointment

Luxury gaming manufacturer Interblock has appointed international sales expert Galy Olazo to the role of regional sales manager in Latin America. Olazo will be based in the company’s office in Peru and will lead sales efforts for Peru, Colombia and Central America.

New Acquisition

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

Intema Solutions has signed a definitive share purchase agreement to acquire Livestream Gaming. Livestream is a private corporation which owns LOOT.BET, a licensed server-based real-money gaming platform and a top brand in the world of esports betting.

Continue Reading
Advertisement

Gambling in the USA

Zula Casino Kicks Off its Spectacular 1-Year “Zula-versary” with a Month of Events and Promotions

Published

on

zula-casino-kicks-off-its-spectacular-1-year-“zula-versary”-with-a-month-of-events-and-promotions

 

Zula Casino launched its online social casino in the US exactly a year ago delivering more. More games. More rewards. More free-to-play entertainment through a personalized experience. Zula Casino marked its one-year launch by crossing the 1000 casino-game threshold – a milestone that positions it among the top platforms nationwide.

The month-long birthday bash intends to go over the top to give back to its amazing player community that helped make this first year so incredible. With its advent calendar format, players can unlock a special surprise each day ranging from a “Win-a-Vacation” event, a carnival event, free spins and new exclusive games, and a prize pool of over 25 billion Gold Coins (GC) plus 150,000 Sweeps Coins (SC) to be given out throughout the month. Over this period, Zula Casino will run other special events, including surprise happy hours with special coupons, various social media contests, and special giveaways.

“We’re incredibly proud of the player experience we’ve built over the last 12 months. The platform has garnered a substantial and loyal pool of players, and it’s not just because we offer one of the largest game selections from leading global providers, but also the exclusive experiences we’re providing, and the platform’s continued evolution with enhanced promotions, personalization, and seamless user experience,” said Tamar Laypan, Program Manager of Zula Casino.

Zula Casino has added over 1000 games across all categories over the past 12 months, including slots, jackpots, fish, table, plinko, megaways, crash, hold and win, tumble games, and more. These additions include top games like Big Bass Vegas and Fire Stampede, as well as branded exclusives like Gold Gold Gold 5000, supplied by Booming Games, and Sweet Bonanza 1000 by Pragmatic Play. With recent additions, Zula Casino now boasts 25 game providers, including Relax Gaming, Habanero, Evoplay, Pragmatic Play, RubyPlay, Gamzix, Let Us Entertain You Inc., to name a few.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

Zula Casino flourished in a tough and highly competitive market, launching its proprietary-integrated platform in September of last year. With an average TrustPilot score of 4.6 and almost 9K reviews, the online social casino is among the highest-rated free-to-play sites in the market.

Zula Casino was also previously shortlisted for the prestigious Global SBC Awards in the category of “Rising Star in Casino”.

Continue Reading

Diana Goode

NCPG Welcomes Diana Goode to the Board of Directors

Published

on

ncpg-welcomes-diana-goode-to-the-board-of-directors

 

NCPG has announced the appointment of Diana Goode to the National Council on Problem Gambling’s Board of Directors. Diana, who has served as the Executive Director of the Connecticut Council on Problem Gambling (CCPG) since May 2018, brings over 25 years of nonprofit leadership experience to this role.

In her time with CCPG, Diana has championed initiatives that address problem gambling and promote responsible gaming across Connecticut. Additionally, she has played an active role on the NCPG Affiliates Committee, contributing valuable insights from her years of experience.

Before joining CCPG, Diana held executive roles in nonprofits focusing on poverty alleviation and financial literacy in Connecticut. Her academic credentials include a degree from Dartmouth College and an MBA in Finance and Marketing from the University of Connecticut. She resides in the Greater Hartford area, where she remains deeply engaged in her community.

Diana will serve an interim appointment in the Affiliates seat on the NCPG Board of Directors until Spring 2025.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)
Continue Reading

Gambling in the USA

Gaming Executives Positive on Current Business Conditions, Cautious on Future Growth Expectations

Published

on

gaming-executives-positive-on-current-business-conditions,-cautious-on-future-growth-expectations

 

Overall Balance Sheet Health, Access to Credit Continue to Improve 

In the face of slowing revenue expansion, gaming industry leaders continue to hold an overall positive view of the current business situation, with a notable improvement in credit conditions, according to the latest American Gaming Association (AGA) Gaming Industry Outlook.

The majority of respondents (88%) view the current state of the gaming industry as either good or satisfactory. Meanwhile, executives have a more conservative outlook on future business conditions, with respondents split on whether they expect conditions to improve over the next three-to-six months (3% net positive) and many expecting a decrease in customer activity (28% net negative).

“After years of very strong consumer gaming spending growth, expectations around customer activity over the next three to six months have cooled considerably,” said AGA Vice President of Research David Forman. “Still, gaming businesses remain well positioned, with executives touting strong balance sheets and more viewing access to credit as easy than restrictive for the first time in two years.”

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

Gaming Executive Panel

Since Q1, gaming executives’ sentiment has shifted, with a greater number of respondents now expecting a decline in customer activity over the next three to six months (28% net negative, up from 4% net negative in Q1). Despite this, panelists foresee improvements in overall balance sheet health (34% net positive).

Additionally, more executives reported access to credit as easy (19%) rather than restrictive (3%) for the first time in two years, and fewer cite interest rates as a major limiting factor than in the spring.

Hotel (56%) and food and beverage facilities (56%) continue to be the main and growing focus of capital investment among operators, followed by live entertainment (28%) and casino floor slots (22%).

Meanwhile, gaming equipment suppliers now believe their pace of capital investment and game sales will decelerate (13% net negative).

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

These expectations are impacted by evolving macroeconomic challenges, with uncertainty of the economic environment vaulting to the top of executive concerns (56%, up from 34% in Q1), followed by state regulatory concerns (31%), and inflationary or interest rate concerns and geopolitical risk (both 34%).

The Current Conditions Index 

The Current Conditions Index for Q3 2024 was 97.3, which is consistent with real annualized contraction of 2.7 percent. The Current Conditions Index measures real economic activity in the industry, as measured by gaming revenue, employment and employee wages and salaries.

The Future Conditions Index 

The Future Conditions Index, a leading indicator of changes in industry conditions, measured 98.9 in Q3. This indicates an environment in which real economic activity in the gaming sector, after controlling for underlying inflation, is expected to moderately decrease over the next six months (1.1% annualized rate).

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

 

Continue Reading

Trending