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Gambling in the USA

Gaming Americas Weekly Roundup – May 17-23

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Welcome to our weekly roundup of American gambling news again! It was again an eventful week at the USA, despite the still-active virus attack.

The good news is that the lock-down and social restrictions to tackle the COVID-19 pandemic have been eased in many states. As a result, most of the industrial sectors are resuming their operations. Same in the case of the gambling sector too. Several gambling companies too have restarted their operations and some others are on way to resume.

We also report new partnership deals, publication of financial results, and COVID-19 relief efforts in this weekly round-up. Read on and get updated.

Partnership Deals

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Evolution Gaming signed a strategic agreement with online casino operator Golden Nugget. The deal will see Golden Nugget’s existing online offering further enhanced in New Jersey, and potentially in other US states in the future, by the addition of Evolution’s US online Live Casino services. As per the deal, Golden Nugget’s online players will have access to unique Evolution game types such as Dream Catcher, Side Bet City, and Top Card, as well as other games from the Evolution portfolio.

Also, the leading sportsbook and casino platform provider BetConnections inked an agreement to obtain DS Virtual Gaming’s full list of games. The integration of the games will give players access to a selection of DS VG’s hit releases with HD video content and state-of-the-art graphics.

There was happy news about Konami Gaming too as its SYNKROS CMS has been selected by Jamul Casino to deliver comprehensive gaming enterprise management across the 200,000 square foot destination.

Konami’s SYNKROS will deliver its leading systems technology across Jamul Casino’s 39 live table games, 1600+ slot games, restaurants, bars, and more.

Financial Reports

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The Delaware Lottery reported a 39% year on year increase in online gambling revenues for April 2020. While the state’s land-based venues have been forced to close due to COVID-19, players have turned to online sites instead.

Delaware Park, Dover Downs, and the Harrington Raceway generated total revenues of US$856,182, up from US$615,772 the previous year. This number was and also higher than the US$514,959 generated in March this year.

COVID-19 Relief Efforts

The Alabama Food Bank Association received support from Wind Creek Hospitality, a company owned by the Alabama-based Poarch Band of Creek Indians, to help provide 250,000 meals to Alabama families during the COVID-19 pandemic. The support comes at a critical time for food banks in Alabama as they respond to a greater need during this unprecedented crisis.

Announcements

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Ulrik Bengtsson, CEO of William Hill, has revealed that the company is planning to launch online casinos in the US in the second half of 2020.

Despite taking a hit to its results in Q1 2020, William Hill is determined to power up quickly in the second half of the year.

Surveys

Fantasy sports site Monkey Knife Fight (MKF) found in a recent survey of its 1000 users that the popularity of golf will soar both on viewership and participation.

Of MKF’s users, 76% reported that they would participate in a fantasy golf prop contest once golf returns. This is in sharp contrast (181% increase) to the 27% that reported ever having played one MKF golf prop contest before the pandemic.

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Compliance

The Colombian gambling regulator Coljuegos published the live casino regulations. These regulations allow the country’s licensed gambling operators to offer live casino games from casinos or studios located within Colombia or overseas, subject to the certification of games by an approved testing house.

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Gambling in the USA

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

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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.

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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”.

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Diana Goode

NCPG Welcomes Diana Goode to the Board of Directors

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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.

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

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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.”

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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).

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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).

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