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Entain’s Net Gaming Revenue Down 13% in Q1 2021

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Entain has reported a drop in net gaming revenue (NGR) for Q1 2021. The decline in NGR is mainly due to the closure of its retail venues during the period as a result of novel coronavirus (Covid-19) restrictions.

The FTSE 100 company, which owns the Ladbrokes and Coral brands, said total net gaming revenue fell 13%, even as online revenue leapt by a third.

The group said it is looking forward to a return to more normal business as betting shops in parts of the country reopened last week.

“There are competing leisure activities, with restaurants and cinemas opening up,” Chief Financial Officer Rob Wood said.

Underscoring the shift in betting habits, Grand National, which took place on April 10, was Britain’s biggest ever online sports betting event as punters turned to mobile apps to bet on one of the world’s most famous horse racing events.

“It is a real shame that shops couldn’t be open for it. It typically attracts customers who don’t necessarily have an online gambling app on the phone,” Wood said.

Hargreaves Lansdown analyst Laura Hoy said that while the surge in internet gambling might wane eventually, “we expect that some customers will have shifted online permanently.”

Entain, which rebuffed a takeover approach from its U.S. joint venture partner MGM earlier this year, last month kept its dividend suspended despite a profit jump, citing the pandemic.

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Caesars Entertainment

Caesars Entertainment Expands WSOP Online Poker Platform to Pennsylvania

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Caesars Entertainment announced an expansion of the WSOP Online poker platform, now pooling liquidity in Pennsylvania with its three existing jurisdictions: Nevada, New Jersey, and Michigan. The move positions Caesars as the first online poker operator to share liquidity across four U.S. jurisdictions, establishing WSOP Online as the only platform in the US where players from all four states can compete in the same player pool. The inclusion of Pennsylvania follows Michigan’s integration with Nevada and New Jersey on WSOP Online in May 2024, marking another significant milestone in the development of WSOP Online as the premier online poker site.

In addition to the announcement of shared liquidity across another jurisdiction, Caesars unveiled the 2025 WSOP Online Bracelet schedule. The schedule will once again feature 30 bracelet events coinciding with the 56th annual World Series of Poker, which will be held for the fourth consecutive year at Caesars Rewards destinations Paris Las Vegas and Horseshoe Las Vegas on the Las Vegas Strip.

“The addition of the Pennsylvania player pool to WSOP Online comes at the perfect time, and we’re ready to give avid poker players in The Keystone State the opportunity to raise the stakes on their poker play. This expansion enhances the experience for players by building even greater prize pools that are up for grabs all summer long as a part of our jam-packed WSOP Online schedule. We’re ready to see who earns our largest online prize pools ever once the first hands are dealt this summer,” said Danielle Barille, Vice President of Online Poker at Caesars Entertainment.

The first Online Bracelet event kicks off on May 31 with a total of 10 live final tables, and the final event begins on July 15. In 2025, WSOP Online will introduce an Online Bracelet Leaderboard, offering over $30,000 in prizes for the first time. Participants in the Online Gold Bracelet events will accumulate leaderboard points, with the highest scorer being honored as the 2025 WSOP Online Bracelet Player of the Year.

Every Tuesday, Saturday and Sunday of the series will feature an official gold bracelet up for grabs, from the $333 Triple Treys No Limit Hold’em event on June 8 to the $5,300 WSOP Online High Roller Championship on July 9. Last year, over $30 Million in prize money was awarded from Online Bracelet events in June and July. This year, the schedule is highlighted by six Mystery Bounty tournaments with $5.5 Million in guarantees.

In addition, exclusive satellites to qualify for land-based tournaments will be offered on WSOP Online, with entry fees as low as $1. These satellites will be daily single-table satellites and massive promotions, such as the guaranteed 25-seat Main Event mega-satellites on June 29 and July 1 where 25 $10,000 Main Event Seats are guaranteed for every event. Ten Online Bracelet events will also begin online, playing under a hybrid format, with their final tables contested live in Las Vegas at the WSOP. WSOP satellites outside the US are currently underway and held exclusively at GGPoker.

Players are permitted to play on WSOP Online while simultaneously participating in live WSOP events at the World Series of Poker in Las Vegas which will run from May 27 to July 16, with poker’s undisputed world championship, also known as the “Main Event,” beginning on July 2.

The post Caesars Entertainment Expands WSOP Online Poker Platform to Pennsylvania appeared first on Gaming and Gambling Industry in the Americas.

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Allwyn North America

Allwyn North America Partners with DC Lottery

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Allwyn North America has partnered with the DC Lottery to launch its portfolio of e-Instant games in Washington.

“DC Lottery’s mission is to responsibly maximize lottery funding for our communities – and our players expect high-quality gaming experiences. We’re excited to partner with Allwyn to bring a highly engaging style of e-Instants to our players with dynamic features and immersive gameplay,” said Eugene Vlasenko, DC Lottery’s Interim Executive Director.

With over 20 years of experience, Allwyn’s gaming studios provide access to a library of over 300 unique games, many of which have been top-performing games in Europe.

Allwyn’s content strategy is rooted in understanding the local market and players, to provide a diverse array of games that meet different player needs.

The first game to be introduced in DC, Super Cash Bolt, has been customized for the DC Lottery. It is part of the successful Cash Bolt series, which have consistently been top performing games for the UK National Lottery, the Irish National Lottery, and Loterie Romande in Switzerland.

“Allwyn is known for offering innovative gaming experiences for players. It’s all about creating a digital world for our players with animation and interactive play – whether that’s a simple match-three outcome or more involved, longer-form play,” said Wayne Pickup, CEO of Allwyn North America.

The post Allwyn North America Partners with DC Lottery appeared first on Gaming and Gambling Industry in the Americas.

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Stakelogic and SEGA SAMMY CREATION unite to ignite the future of online gaming

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Stakelogic, the technology-driven studio behind some of the world’s most popular online slots and live-casino innovations, is proud to announce that it is now part of SEGA SAMMY CREATION INC. (“SEGA SAMMY CREATION”).

This milestone combines SEGA SAMMY’s global distribution network with Stakelogic’s proven creative power, unlocking great synergy and setting the stage for accelerated growth across regulated markets.

“Joining forces with SEGA SAMMY CREATION opens a new chapter for our organisation,” said Stephan van den Oetelaar, CEO at Stakelogic. “We have always believed our studio could reach even greater heights, and the great synergy between our teams is already driving new ideas that will benefit operators and players around the globe.”

Koichi Fukazawa, Senior Executive Vice President and Group CFO of SEGA SAMMY, added: “Stakelogic’s relentless drive for innovation perfectly complements our long-term strategy to deliver world-class entertainment experiences. Together, we will leverage our shared technology, talent and market expertise to create value that neither company could have achieved alone.”

The post Stakelogic and SEGA SAMMY CREATION unite to ignite the future of online gaming appeared first on European Gaming Industry News.

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