Gambling in the USA
Gaming Americas Weekly Roundup – May 3-9
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 acquisitions and compliance updates. Read on and get updated.
Latest News
Playtech has partnered with Parx Interactive and Gun Lake Casino to launch Play Gun Lake, a new iGaming app for Michigan. The iGaming app will be powered by Playtech’s IMS platform and Player Account Management (PAM) and will feature Playtech proprietary iGaming content.
Wynn Resorts has announced that its two Las Vegas Strip casinos – Wynn and Encore – will return to full capacity, effective immediately. The group said it received the green light to operate at 100% from the Nevada Gaming Control Board after reporting that 88% of its employees had been fully vaccinated against Covid-19.
BetMGM has announced the launch of BetMGM Poker and Borgata Poker in Pennsylvania, giving customers access to benefits tied to Borgata Hotel, Casino & Spa in Atlantic City as well as other MGM Resorts’ casino-resorts nationwide. Pennsylvania is the third state to introduce BetMGM Poker and the second to introduce Borgata Poker, both powered by partypoker US Network.
The Washington State Gambling Commission has reached a tentative agreement with the Suquamish Tribe to amend its Class III gaming compact to add sports wagering. The Tribe operates its III gaming facility located on the Kitsap Peninsula on the Port Madison Indian Reservation. This is the second sports wagering tentative agreement in the state and this amendment establishes the framework for sports wagering at the Tribe’s Suquamish Clearwater Casino Resort.
Penn National Gaming has launched Penn Game Studios, an in-house content development team focused on creating exclusive iCasino content for its customers. To fuel this effort, the Company is acquiring HitPoint Studios and its spun-off real money gaming company LuckyPoint. The acquisition is expected to close in the near term, subject to the satisfaction of customary closing conditions.
PointsBet Holdings has announced that its wholly-owned subsidiary PointsBet Michigan has been authorised by the Michigan Gaming Control Board to commence iGaming operations and has launched its proprietary iGaming platform in that state. The launch of PointsBet’s iGaming operations follows the launch of Sports Wagering in Michigan on 22 January 2021. PointsBet plans to launch iGaming in New Jersey in June.
Financial Report
Caesars Entertainment has reported the operating results for the first quarter of 2021. Net revenue is $1.7 billion, an increase of 259.2% on a GAAP basis and a decrease of 16.0% on a same-store basis versus the comparable prior-year period.
New Acquisition
Catena Media has acquired Lineups.com, an online sports affiliation company. The total purchase price amounts to USD 39.6 million, payable in cash in three installments during a two-year period. An additional contingent cash payment of USD 0.5 million is payable if certain requirements are fulfilled within three years of the transaction date.
Compliance Update
Free Bets US is now licensed in New Jersey to market online sportsbooks and casinos with New Jersey Vendor ID 0092299. Being licensed in New Jersey as a vendor allows Free Bets US to generate commissions from online sportsbooks such as BetMGM and Borgata by promoting Free Bets in NJ.
Angela Bernhard Thomas
CAPCOM’S STREET FIGHTERTM 6 GOING TO COLLEGE THIS FALL
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Clark County
Clark County residents can bring a friend for free to next week’s Super Bingo $160,000 tournament at the Plaza Hotel & Casino, May 6-8
Home to downtown Las Vegas’ only bingo room, the Plaza Hotel & Casino is offering Clark County, Nevada residents who register to play in next week’s Super Bingo tournament the opportunity to bring a friend for free.
Happening Monday, May 6 through Wednesday, May 8 in the Plaza’s expansive ballroom, Super Bingo is expected to draw nearly 1,000 people from the local Las Vegas valley and across the country and Canada for the opportunity to win big playing fun-filled games of bingo over two days, with a $50,000 super coverall both days while socializing with like-minded bingo players.
Bingo-only registration is $160 per person, and Clark County residents who register can bring a friend for free. Registration is available online at https://www.plazahotelcasino.com/bingo/super-bingo-registration/. Hotel-and-bingo packages start at $300 for a four-night stay with no resort fee.
All Super Bingo players receive one 6-on paper pack for both days, two daubers, free drinks via an open bar at all sessions, boxed lunch both days, and $10 in free slot play after the first day’s session.
The Plaza’s Bingo room offers six daily bingo sessions at 11 a.m., 1 p.m., 3 p.m., 5 p.m., 7 p.m. and 9 p.m. and is located on the 3rd floor. By parking on the third floor of the Plaza’s self-parking garage, guests have convenient and direct access to the Plaza’s bingo room and parking is validated for bingo players.
Gambling in the USA
Kambi Group plc extends Mohegan partnership with on-property sports betting agreement in Pennsylvania
Kambi Group plc (“Kambi”), the world’s trusted sports betting partner, has agreed a long-term on-property sportsbook partnership with Mohegan to provide its award-winning sportsbook at two retail locations in the state of Pennsylvania.
The partnership will see Mohegan utilise Kambi’s cutting-edge retail sportsbook offering across more than 20 kiosks in sportsbook locations at Mohegan Pennsylvania and Mohegan Pennsylvania at Lehigh Valley Race and Sportsbook.
The deal further strengthens Kambi’s relationship with Mohegan, which already utilises Kambi’s suite of sports betting products at ilani in Washington, as well as online and on-property in the Canadian province of Ontario at Fallsview Casino Resort and Casino Niagara.
Kristian Nylén, Kambi CEO and Co-founder, said: “With several successful partnerships with Mohegan already in place, we are pleased to agree this new partnership as we continue to build on our strong relationship.
“This latest deal further reinforces Kambi’s position as the sportsbook provider of choice for tribes across North America, and we look forward to our ongoing collaboration with Mohegan.”
Tony Carlucci, President & GM of Mohegan Pennsylvania, said: “Mohegan Pennsylvania is excited to continue utilising the same Kambi technology platform that existed under our Kindred partnership, which will help to create a seamless process as the Sportsbook at Mohegan Pennsylvania fully rebrands later this Spring.”
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