Gambling in the USA
Gaming Americas Weekly Roundup – January 25-31
Welcome to our weekly roundup of American gambling news again! It was again an eventful week in the USA, despite the still-active virus attack.
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
Nevada gambling regulators have granted preliminary approval to the new owners of the Rio hotel-casino to operate the off-Strip property. The Las Vegas Review-Journal reported that the Nevada Gaming Commission’s preliminary finding of suitability for executives of Dreamscape Companies LLC will set the owners up to operate the hotel-casino in a few years.
Playtech PLC has confirmed that it is in exclusive talks to sell its financial division for up to $200 million in cash as part of its simplification plans. Playtech is going to sell Finalto to a consortium backed by Barinboim Group, Leumi Partners, Phoenix Insurance Co and Menora Mivtachim Insurance. The cash offer from the consortium is worth up to $200m, of which $170m is payable on completion.
Caesars Entertainment has announced a strategic investment in the daily fantasy sports platform SuperDraft. With the investment, Caesars takes an initial minority equity position with an option to increase its stake over time up to 100% at pre-determined levels. The partnership positions SuperDraft as an exciting new option and dominant force in the daily fantasy sports industry.
International Game Technology PLC has announced that its PlaySports platform is powering the recently launched FanDuel Sportsbook mobile app in Michigan. IGT PlayDigital PlayCasino games can now be enjoyed by online players throughout Michigan via FanDuel Casino. This PlaySports platform deployment in Michigan marks the ninth state where IGT and FanDuel have teamed up to deliver best-in-class mobile sports betting.
Partnerships
Rush Street Interactive has announced that its flagship brand BetRivers.com has become an official betting partner of the Detroit Pistons by entering into a multi-year partnership with the three-time NBA Championship winning team. The partnership includes a unique and exciting free to play game, Fan Pick’em – presented by BetRivers, where Pistons fans can go directly to the Pistons app to play games and win fabulous prizes.
Betway has renewed its sponsorship agreement with Brazilian esports organisation MIBR. Since the partnership began in 2018, Betway and MIBR have continued to deliver top tier content and unique activations for fans such as the successful “MIBR Stars – Brought to you by Betway” and “Lobby das Estrelas” exhibition events last year, where MIBR players and influencers battled it out on fan-favourite CS:GO maps.
JCM Global has again expanded its relationship with Colonial Downs Group. Colonial has installed JCM’s award-winning iVIZION bill validator and ICB Intelligent Cash Box system at their new Rosie’s Gaming Emporium in the Town of Dumfries, Virginia. The Dumfries location is the fifth Rosie’s in the Commonwealth of Virginia, and JCM’s iVIZION and ICB system protect assets and increase efficiencies at each property.
Appointment
Las Vegas Sands has named its long-serving executive Robert Goldstein as the company’s new chairman and CEO. The appointment comes after American casino mogul Sheldon Adelson, who built lavish gambling palaces that made him one of the world’s richest men, died earlier this month at 87. Adelson was Las Vegas Sands’ chairman and chief executive officer since its inception in the late 1980s.
New Launchings
Entercom has announced the launch of BetQL Audio Network. The network, which follows the Company’s recent acquisition of sports data and iGaming affiliate platform QL Gaming Group, will feature sports gambling programming heard across Entercom’s robust portfolio of sports stations, which combined reach nearly 30 million listeners per month, as well as the RADIO.COM app and digital platform.
DraftKings Inc has launched its sportsbook in Virginia. Customers in Virginia will now be able to place bets on a number of markets across professional and collegiate sports using the DraftKings made-in-America digital sportsbook app.
Gambling in the USA
Gila River Resorts & Casinos hosts $5.9 million Big Game prop play contest
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Gambling in the USA
Spinomenal makes US debut with New Jersey market entry
Spinomenal, the leading iGaming content provider, has made its US debut after launching an exciting collaboration with a leading operator in the state of New Jersey, and is anticipating many more valuable collaborations with top tier online casinos.
Following impressive growth rates, Spinomenal is making a major move into the New Jersey iGaming market, marking a key step in its global expansion. By entering this crucial U.S. region, Spinomenal will bring its innovative games to a new audience, strengthening its presence and leadership in the iGaming industry.
Spinomenal’s specially selected titles will be going live via Pariplay’s Fusion aggregation platform in the New Jersey market. Some of the outstanding titles being made available for NJ players are Demi Gods II, Majestic Wild Buffalo and Kitsune’s Scrolls.
This marks a major milestone in Spinomenal’s strategic expansion plan, as this debut establishes the company’s initial presence within the New Jersey market, with further growth anticipated across the US iGaming ecosystem. This move underscores Spinomenal’s commitment to expanding its global footprint and further solidifying its position as a leader in the online casino industry.
Lior Shvartz, CEO for Spinomenal commented: “After a decade of establishing and positioning Spinomenal as a leading provider in the iGaming industry, we have now taken a big leap and will provide our exciting content to the esteemed New Jersey audience. We are highly optimistic about entering this prominent market, following the process of obtaining approval from the DGE.”
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Dennis Ramirez
Mechoopda Casino to Suspend Operations Effective January 31, 2025
The Mechoopda Indian Tribe has announced that the Mechoopda Economic Gaming Authority (MEGA) Board has made the decision to suspend operations at Mechoopda Casino. The final day of operations will be Friday, January 31, 2025.
The Mechoopda Casino says this decision comes after months of deliberation and efforts to address the various challenges affecting the casino’s operations.
Dennis Ramirez, Tribal Chairman of the Mechoopda Indian Tribe, said: “Suspending operations at the Casino is a heart-wrenching decision that affects not only our Tribe but also our valued employees, customers, and the surrounding community. While this chapter is closing, our commitment to the Casino’s long-term vision remains steadfast. For over 25 years, this project has been a cornerstone of our economic development goals, and we will continue to work toward its future reopening.”
The Tribe is taking steps to support both its employees and community partners during this transition period:
Employee Support: The Tribe is committed to offering resources and guidance to assist team members through this difficult time.
Remaining Open Until January 31: The Casino will remain open through its final day of operation, giving guests the opportunity to enjoy the remaining days of service.
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