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Gambling in the USA

Gaming Americas invades the region with Virtual Quarterly Meetups and sets up Advisory Board with Latin and North American gambling industry experts

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GamingAmericas.com announces quarterly virtual meetups, conference dates and advisory board.

 

The team at GamingAmericas.com (part of Hipther Agency), is excited to announce the launch of virtual meetup series which will increase the access to quality information to interested parties, but will also provide an excellent opportunity to participate in engaging discussions about the North and Latin American gambling industry.

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The quarterly meetups will complement the yearly virtual conference and the media/publishing services offered by Gaming Americas, and will be strategically coordinated by the Gaming Americas Way Seers (Advisory Board).

2020 was a year of growth for us in terms of reaching new markets with our unique style of running conferences and publishing quality content. Gaming Americas has become an important news outlet in the region and to supplement the engagement, we are happy to announce our quarterly meetup series. We learned a lot this year about hosting virtual gatherings and we can now say that size doesn’t matter. We tested many new ways of interacting with our audience and we can say we found a great recipe which will be implemented in these meetups”, stated Zoltán Tűndik, Co-Founder and Head of Business at Hipther Agency.

Gaming Americas Quarterly Meetups

The Gaming Americas Quarterly Meetups are designed to keep you up-to-date with what is fresh in the North American and Latin American gambling industry.

The dates of the meetups are the following:

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The virtual meetups will be organized quarterly and the calendar looks the following way:

  • January 28, 2021 – Gaming Americas Q1 Meetup
  • April 29, 2021 – Gaming Americas Q2 Meetup
  • August 26, 2021 – Gaming Americas Q3 Meetup
  • November 18, 2021 – Gaming Americas Q4 Meetup

The tickets are sold at the rate of $99 per Meetup or you can benefit of the full year membership offer and save 25%. You can find more details about the passes here.

The meetups feature several panel discussions per region and topics that are joined by key industry experts, CEOs, C-Level Executives, Business Development Managers, and sometimes government officials/regulators.

All meetups offer the opportunity to network online in special break-out sessions, but also join a round table discussion which answers all burning questions of the industry at a certain point in time during 2021.

Sports Betting & Casino Summit North America

The team is also excited to announce the dates for the second edition of Sports Betting & Casino Summit North America, which will take place once again in the virtual world between 21-23 June, 2021.

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The inaugural edition was a huge success and brought together +500 participants and 75 speakers.

The virtual conference will continue its mission of bringing together regulators, operators, suppliers, marketing managers, C-Level Executives, policymakers, and more for two days of quality online learning and networking.

To receive constant updates about the registration opening and agenda updates, subscribe here: http://eepurl.com/hfyZxf

Advisory Board

In order to fully embrace all hot topics and regulatory updates from the Americas, the strategy will be orchestrated by North and Latin American gambling industry experts.

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Thus, the team is honored to announce the appointment of the following experts in the Gaming Americas Way Seers (Advisory Board):

  • Chantal A. Cipriano (Senior Director, Legal & Compliance at Mazooma)
  • Karen Marcela Sierra – Hughes (Vice President of Latin America & Caribbean at Gaming Laboratories International (GLI))
  • Dr Laila Mintas (CEO at PlayUp US)
  • Fernando Saffores (Founder & Director at Focus Gaming News)
  • Jonodev Chaudhuri (Chair, Indian Law & Policy Practice at Quarles & Brady LLP)
  • Joerg Hofmann (Senior Partner at MELCHERS LAW)
  • Evan Davis (Managing Director, Sports Betting and Gaming for SeventySix Capital Sports Advisory)
  • Jeremy P. Kleiman (Gaming Attorney and Member at Saiber LLC)
  • Lloyd Danzig (Founder & CEO at Sharp Alpha Advisors)

The excitement about 2021 is also shared by the above-mentioned experts and here are some inputs that were stated:

Gaming Americas has developed a method to disseminate gaming content and news, ways for businesses to collaborate and the opportunity for relationships to grow. I look forward to joining its Way Seer Advisory Board and helping to advance its initiatives in the gaming industry by providing a legal and regulatory perspective.” – Chantal A. Cipriano (Senior Director, Legal & Compliance at Mazooma)

The American gaming market continues to grow exponentially, catalyzed by technology, investment, and legislation. As new and existing participants increasingly seek insight into the industry, thoughtfully-constructed conferences will have the opportunity to serve as nodes that disseminate the expertise to key stakeholders. I am excited to join the Gaming Americas Advisory Board alongside a prestigious collection of thought leaders in the space.” – Lloyd Danzig (Founder & CEO at Sharp Alpha Advisors)

I am thrilled to be part of this outstanding group of international experts.  The future is bright and Gaming Americas is leading the way!” – Jeremy P. Kleiman (Gaming Attorney and Member at Saiber LLC)

“I’m really proud to participate in such interesting events with other recognized executives around the world. This ‘new normality’ leads us to think out of the box, offering outstanding solutions and being close to our customers. Hipther understood this very well.”Fernando Saffores (Founder & Director at Focus Gaming News)

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“Something really big, something global, is being created here. And I am delighted to be a part of it!”Dr. Joerg Hofmann (Senior Partner at MELCHERS LAW)

 “I’m honored and excited to join the Way Seer board for Gaming Americas alongside such a diverse and knowledgeable set of experts from across the gaming community.  I look forward to an exciting year of discussions focusing on topics that are of heightened interest to our industry.”Evan Davis (Managing Director, Sports Betting and Gaming for SeventySix Capital Sports Advisory)

 

For further sponsorship/speaking and marketing inquiries, make sure to reach out to Andrada Marginean (B2B Sales Executive at Hipther Agency).

For media-related inquiries, please contact Alexandru Marginean (Marketing Specialist at Hipther Agency).

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Compliance Updates

Gaming CEOs Optimistic on Industry Outlook, Report Evolving Industry Challenges

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Amidst an evolving economic landscape, gaming executives report a positive outlook on future industry business conditions while remaining satisfied with the current business environment, according to the American Gaming Association’s (AGA) Gaming Industry Outlook.

Nearly all gaming executives surveyed characterized the current business environment as good (44%) or satisfactory (50%), mirroring similar sentiment from Q3 2023. Meanwhile, executives are more optimistic about future conditions, with 32 percent of CEOs expecting business conditions to improve over the next six months, up from 20 percent in Q3 2023.

“Gaming’s record-setting growth over the last three years has set a new standard for industry success,” said AGA President and CEO Bill Miller. “However, as we enter a period of market normalization, continued investment and innovation in offering world-class, responsible entertainment experiences will be required to maintain industry momentum.”

Gaming Executive Panel

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Gaming executives have become more positive in their views that overall balance sheet health will improve over the next 6 months (42% net positive), but they expect the pace of revenue growth (13% net negative) and new hiring (22% net negative) to slow. These expectations for decelerating growth have influenced expectations for increases in capital investment and gaming units in operation, with smaller net positive sentiments than before.

  • In contrast to past Outlooks, gaming equipment suppliers are slightly pessimistic about the sale of gaming units for replacement use and new or expansion use (both 13% net negative). However, they remain optimistic about the pace of capital investment (38% net positive).
  • Half of operator CEOs expect capital investments in hotels over the next year to be higher than normal, and compared to last fall, more also expect higher than normal levels of capital investment in meetings and conventions and table games (28%). Meanwhile, 44 percent of CEOs expect increases in food and beverage investment, down from 67 percent in Q3 2023.

These expectations are also informed by evolving macroeconomic challenges. Executives report that inflationary or interest rate concerns continue to be a major factor limiting operations (28%), but these have been overtaken by geo-political risk (34%) and uncertainty of the economic environment (34%) as the biggest limiting factors in the most recent Gaming Executive Panel.

Current Conditions Index
The Current Conditions Index of 102.8 for Q1 indicates solid annualized real economic growth in the industry of 2.8%. This includes gaming revenue, employment and employee wages and salaries. Notably, the Current Conditions Index shows gaming expanding faster than the overall U.S. economy which last week reported 1.6 percent GDP growth in Q1 2024.

Future Conditions Index

The Future Conditions Index stands at 102.2, indicating annualized industry economic activity, after controlling for underlying inflation, is expected to moderately increase over the next six months. This outlook reflects Oxford Economics’ forecast that the U.S. economy will slow during 2024 but avoid recession. Despite a projected economic slowdown, consumer survey results continue to indicate that more than one-third of adults expect to visit a casino during the next 12 months, consistent with prior quarter results.

About the Outlook

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The AGA Gaming Industry Outlook is prepared biannually by Oxford Economics. It provides a timely measure of recent industry growth and future expectations. The Q1 2024 survey was conducted between March 28 – April 10, 2024. A total of 32 executives responded, including executives at the major international and domestic gaming companies, tribal gaming operators, single-unit casino operators, major gaming equipment suppliers, and major iGaming and/or sports betting operators.

 

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Chris Schroder

Colorado Launches Illegal Gambling Awareness Campaign

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The Colorado Division of Gambling has launched a new illegal gambling awareness campaign.

The “Play Legit. Gamble Only Where Legal.” campaign aims to educate the public about the risks associated with illegal gambling and the importance of supporting regulated gaming venues.

The campaign emphasizes legal gambling options, including casinos in Black Hawk, Central City, and Cripple Creek, as well as online sports betting and off-track betting.

“With many certified and legal gambling sites available, it’s never worth it to put yourself in danger. Together, let’s play by the rules and ensure that Colorado remains a safe and responsible gaming destination. By recognizing and preventing illegal gambling, we all win,” Chris Schroder, Director of the Colorado Division of Gaming, said.

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In Colorado, gambling opportunities abound, but not all are legal. Illegal gambling operations not only fail to protect players but can also serve as a breeding ground for serious crimes, including fraud, human trafficking, drug trafficking, and burglary, posing a threat to public safety and community well-being. Participants in illegal gambling activities also compromise personal and financial information, putting individuals at risk of identity theft, unreliable payouts, and potential legal consequences, such as fines and imprisonment.

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Gambling in the USA

Gaming Americas Weekly Roundup – April 22-28

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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

The International Association of Gaming Advisors (IAGA) will hold its 41st International Gaming Summit Monday, May 27 through Thursday, May 30, 2024 at The Ritz-Carlton Washington, D.C. As a premier event that brings together leaders from all global gaming sectors, the Summit will provide operators, suppliers, attorneys, investors, bankers, regulators and other advisor delegates with an unparalleled opportunity to meet and discuss the most important issues facing gaming.

Marker Trax, a leader in cashless payment solutions for the gambling industry, has announced the appointment of John Henderson as its SVP of operations. Henderson is a seasoned, energetic industry veteran who brings to Marker Trax more than four decades of success in delivering technology-based business solutions, leading innovation-forward companies seeking to increase their industry footprints and to solidify their market shares.

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Jackpot Digital, a leading manufacturer of electronic multiplayer dealerless poker tables, announced that it has successfully completed the installation of its Jackpot Blitz casino machines at Chukchansi Gold Resort & Casino, located in Coarsegold, California.

Affinity Interactive has announced the appointment of Scott Butera as President & Chief Executive Officer, effective immediately. Mr. Butera, who most recently led AI’s Sports Information Group (SIG) business, brings over 30 years of experience in gaming, hospitality, media, entertainment and sports to the pivotal role. In his new capacity, Mr. Butera will set strategy and oversee operations of the Company’s diversified portfolio of casinos resorts across Nevada, Missouri and Iowa.

North Star Network has acquired Um Dois Esportes, a sports coverage and analysis site created from the merger of Gazeta Do Povo and Tribuna do Paraná in 2020. NSN’s signing of Um Dois Esportes is the media house’s fourth acquisition of 2024, following the recent deals to purchase UK-based SportsMole and MrFixitsTips, as well as Chilean site AlAireLibre, which was announced in March.

Hollywood Casino at Greektown unveiled its new ESPN BET branded sportsbook and restaurant on the upper floor of the 100,000-square-foot Downtown Detroit casino. This sportsbook is the first ESPN BET branded retail location to open across PENN Entertainment’s (PENN) portfolio of properties.

Partnerships

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Above the Felt, the leading poker and gaming marketing and talent agency, has announced a partnership with Potawatomi Casino Hotel in Milwaukee, Wisconsin for the grand opening of their state-of-the-art poker room this May. This collaboration marks a significant experiential poker event in the Mid-West US, bringing together top players, personalities and content creators with regional players for an unforgettable poker room grand opening.

SCCG Management, a leading advisory firm in the global gaming industry, has announced a strategic partnership with Comm100, a pioneer in AI-powered omnichannel communication. This collaboration signifies a pivotal moment in the gaming industry as it looks to revolutionise player engagement and customer support through personalised, 24/7 communication.

Betano and CBF (Confederação Brasileira de Futebol), the Brazilian Football Confederation, announced a new partnership that will see Betano become the new main sponsor and exclusive betting partner of Campeonato Brasileiro Série A. Starting from the 2024 season, which began on Sunday, April 14, the competition will be known as Brasileirão Betano.

The post Gaming Americas Weekly Roundup – April 22-28 appeared first on European Gaming Industry News.

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Offering comprehensive coverage on all aspects of the gaming sector, our daily posts include online and land-based gaming, betting, esports, regulatory and compliance updates, and technological advancements. Regular features encompass daily news articles, press releases, exclusive interviews, and insightful event reports.

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