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Gambling in the USA

Virtual Gaming, Is It Gaining Traction In America And Canada? A Hot Discussion At Sports Betting And Casino Summit North America

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Covid-19 has driven American gamblers online and as LAS VEGAS is slowly awakening from its pandemic-induced slumber, we are just at the beginning to see how these gamblers are choosing online over land-based.

Photos from the casinos that welcomed visitors for the first time in nearly three months showed gaming tables surrounded by guests, some wearing masks.

Their thirst for a gamble is understandable. In quarantine, American high-rollers have struggled to find substitutes for the real thing. Whereas, say, British gamblers have been able to bet legally online under lockdown, Americans face a patchwork of state laws that give limited options for lawful remote betting.

An informative data report titled Virtual Sports Betting Market was published by The Research Insights and takes a closer look at the different aspects of the businesses, that are responsible for fuelling the growth of the companies.

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Virtual Sports is a selection of scheduled fixed odds games (events) that use a random number generator (RNG) to decide the outcome. All customers view the same schedules and the same outcomes.

Market predictions for possible growth opportunities have been mentioned clearly. This report is a detailed description of the Virtual Sports Betting Market sector which presents a blend of research expertise and business strategies. It also projects market trends along with the increasing scope for the individual sector.

For a strong and stable business outlook, different parameters have been analyzed across the global Virtual Sports Betting Market regions such as North America, Latin America, Asia-pacific, Europe, and India.

Facts and figures about various financial terms have been researched by considering several key points such as prices, market shares, and profit margin. It examines the different modules for evaluation of the risks and threats.

It studies different models that address the challenges faced by several industries as well as stakeholders. This Virtual Sports Betting Market is classified on the basis of demand-supply chain analysis, which accounts for the requirements of the products or services.

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Most of the top industry companies from North America have confirmed their interest to join the Sports Betting & Casino Summit North America (Virtual Conference), which will open its virtual doors between 23-24 June and will feature a special panel discussion dedicated for Virtual Sports Betting.

The “VIRTUAL GAMING, IS IT GAINING TRACTION IN AMERICA AND CANADA?” panel discussion will be joined by some of the top names in virtual gaming, among which you will find Araksi Sargsyan (Head Of Business Development at DS Virtual Gaming), Martin Wachter (CEO at Golden Race), Lazar Miučin (VP of Strategic Partnerships at NSoft) and John Gordon (CEO & Co-Founder of Incentive Games).

The discussion will be moderated by Jaka Repanšek (Media and TECH Law Expert)

Araksi Sargsyan – Head of Business Development at DS Virtual Gaming

In 2013, Araksi Sargsyan took her first steps in the online gaming segment as a Customer Service Representative at BetConstruct. She was quickly promoted to Account Manager, where she was in charge of developing B2B projects around the world. Subsequently, she left B2B to develop a B2C project in Kazakhstan. Then she worked as Business Development Manager for Latin America at Digitain. With an active and entrepreneurial spirit and a visionary approach, Araksi is now the Head of Business Development at DS Virtual Gaming, a leading brand in the virtual betting domain.

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Martin Wachter – CEO and Founder at Golden Race

Martin Wachter is the CEO and Founder of Golden Race and for over 15 years, has spread innovative, tailored solutions and virtual sports worldwide. He is specialized in all the areas of the company, taking special delight in being part of marketing strategy, product management, and development.

 

Lazar Miučin – VP of Strategic Partnerships at NSoft

I have been working within the industry for 11 years already. I have started from being System Administrator and went through all high-level positions during my gambling & casinos career. During my career, I was mostly responsible for operations and product development with extreme passion, drive, and vision that I have for igaming industry. On top of all, I am a mobile-oriented and addicted person.

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Experienced Managing Director with a demonstrated history of working within the gambling industry. Skilled in negotiation, strong operations professional and results-focused executive. During my 11 years of experience in a number of senior positions. These positions were covering areas such as Business Development, Operations, and Development from B2C and B2B levels.

iGaming industry is with one word just life, way to live. It is super dynamic, fast, and technology-oriented. In this industry there are no boundaries, it is full of networking and it is multicultural which allows you to gain a different perspective offering valuable insights, so you can adjust your product and company while you are entering specific markets.

John Gordon – CEO & Co-Founder of Incentive Games

John Gordon is the CEO of Incentive Games, an Edinburgh-based provider of both Free-To-Play and Pay-To-Play games. John has spoken and paneled at conferences such as ‘Betting on Sports’ and ‘Betting on Football’ as well as various events across Asia as a specialist in Gamification. Often invited for his expertise in streamlining the process of customer acquisition, retention and monetization as well as discussing effective methods of tapping into the Millennial market of generations Y and Z.

Do not miss this unique opportunity to attend a virtual conference that gathers all North American gaming industry experts for 2 days of discussions and networking. Register your seat now!

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Dennis Ramirez

Mechoopda Casino to Suspend Operations Effective January 31, 2025

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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:

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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.

The post Mechoopda Casino to Suspend Operations Effective January 31, 2025 appeared first on Gaming and Gambling Industry in the Americas.

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Gambling in the USA

Gaming Americas Weekly Roundup – January 13-19

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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 and new partnerships. Read on and get updated.

Latest News

International Game Technology PLC announced that it is the first gaming industry supplier to receive the Internet Compliance Assessment Programme (iCAP) Ready accreditation for its iLottery operations from the National Council on Problem Gambling (NCPG). Based on the original iCAP designed for gaming operators, iCAP Ready is a U.S. accreditation programme designed for gaming suppliers who are committed to upholding responsible gaming standards across their products and services. Supported by the NCPG, iCAP Ready utilises best practices from the Internet Responsible Gambling Standards to ensure suppliers implement and maintain responsible gambling policies, provide effective staff training and offer comprehensive player support tools.

Light & Wonder Inc. has announced Simon Johnson as the new CEO of the Company’s iGaming business. Simon has been with Light & Wonder since 2017 and has been instrumental in driving the international commercial efforts of the Gaming business in his most recent role as Senior Vice President and International Managing Director. As part of his new role, Simon will report directly into Light & Wonder President and CEO Matt Wilson and join the Company’s Executive Leadership Team.

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Las Vegas sports betting venture Circa Sports awarded $20,266,000 in prizes to the winners of its professional football contests, Circa Survivor and Circa Million VI. Highlights of the winnings included the largest Circa Survivor pool in contest history of $14.26 million. This was split equally among C3 Picks, DREAM STAKES, MEATBALL BROTHERS, PUMBAPACK9, TY1823, VODKA JOHNNY, WHATEVERYALLWANT and Whiskey Business. The $1 million Circa Million VI prize went to Team BP.

Partnerships

ESPN and PENN Entertainment announced that 10 additional retail sportsbooks at key PENN properties will be rebranded to “ESPN BET Sportsbook” in early 2025 (subject to all regulatory approvals), increasing the total number of ESPN BET branded sportsbooks at PENN properties to 19. The new ESPN BET locations will serve customers across Pennsylvania, Colorado, Ohio, Iowa, Indiana and West Virginia under PENN’s popular Hollywood and Ameristar Casino brands.

The Ottawa Black Bears announced an extensive partnership agreement with PowerPlay Online Sportsbook and Casino that will see the company’s logo featured on the club’s home and away jerseys. In addition to the jersey partnership, PowerPlay will also have branding elements inside the goal crease, behind the bench, on the LED display ring and along the rinkboards for Black Bears home games at Canadian Tire Centre. As part of the deal, PowerPlay also becomes the exclusive sportsbook and online casino partner for the Ottawa Black Bears.

The Professional Fighters League (PFL), the fastest growing and most innovative sports league, announced a multi-year partnership naming Cloudbet as the official and exclusive Sports Betting and Online Casino Partner of the PFL. This new collaboration will bring crypto-powered betting to PFL events, starting with the highly anticipated Road to Dubai Champions Series on January 25. Cloudbet has been a trusted name in the cryptocurrency world for over a decade. With this partnership, they will bring a whole new way to engage with MMA fans by combining their expertise in crypto sports betting with PFL’s innovative approach to fighting.

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The post Gaming Americas Weekly Roundup – January 13-19 appeared first on European Gaming Industry News.

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Arizona Department of Gaming Releases October Sports Betting Figures

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Bettors in Arizona wagered approximately $791 million on sports in October of 2024, according to a new report by the Arizona Department of Gaming. This represents an approximate 22% increase when compared to October of 2023.

The state collected approximately $2.35 million in privilege fees in the month.

The post Arizona Department of Gaming Releases October Sports Betting Figures appeared first on Gaming and Gambling Industry in the Americas.

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