Gambling in the USA
Scientific Games Wins Iowa Lottery’s Statewide New Gaming Systems Technology Contract
Scientific Games Corporation announces it won the Iowa Lottery’s (the “Lottery) 10-year contract for a new statewide gaming system to serve the lottery and the 2,400 retail locations where Iowa Lottery games are sold. The Iowa Lottery Authority Board voted 5-0 to award Scientific Games the contract and begin negotiations immediately. The 10-year contract may be extended by the Lottery up to five additional years. The Iowa Lottery plans to flip the switch to the new gaming system in the summer of 2021.
Scientific Games was selected as the best choice to meet the Iowa Lottery’s business objectives and upgrade the Lottery’s 2011 technology with minimal disruption to game sales, providing millions of dollars for vital state programs benefitting Iowans.
The Company won the contract based on highest overall score and ability to maximize funding for the Lottery’s beneficiaries. Over the last eight years of the Company’s current contract with the Iowa Lottery, the Lottery experienced an $878 million growth in total retail sales, or an average of $109 million in growth per year. Scientific Games also provides instant scratch games to the Iowa Lottery.
The Iowa Lottery’s gaming systems provider for the past 18 years, Scientific Games will deliver technology to the Iowa Lottery with minimal disruption to retail sales and responsibly generate vital funding for Iowa state programs, like university research, veterans and agriculture.
“Scientific Games appreciates the trust the Iowa Lottery has placed in our Company and our technology to continue supporting programs that help make Iowa a great place to live,” said Pat McHugh, Lottery Group CEO for Scientific Games. “We are also very proud that the hard work of our teams and ability to successfully align with lotteries’ business plans continues to position Scientific Games as the fastest growing lottery systems provider in North America.”
Scientific Games is working with the Iowa Lottery to finalize the contract and plan a seamless switch to the new technology. As part of the new technology rollout, the Iowa Lottery will upgrade to an advanced gaming system, central communications network, retailer terminals, and player self-service kiosks.
Scientific Games is a U.S.-based company providing games, technology and services to more than 150 lotteries around the globe, including nearly every North American lottery.
© 2020 Scientific Games Corporation. All Rights Reserved.
About Scientific Games:
Scientific Games Corporation is a world leader in entertainment offering dynamic games, systems and services for casino, lottery, social gaming, online gaming and sports betting. Scientific Games offers the gaming industry’s broadest and most integrated portfolio of game content, advanced systems, cutting-edge platforms and professional services. Committed to responsible gaming, Scientific Games delivers what customers and players value most: trusted security, engaging entertainment content, operating efficiencies and innovative technology. For more information, please visit scientificgames.com.
SOURCE Scientific Games Corporation
Detroit casinos
Detroit Casinos Report $112.5M in August Revenue
The three Detroit casinos reported $112.5 million in monthly aggregate revenue (AGR) for the month of August 2024, of which $110.8 million was generated from table games and slots, and $1.7 million from retail sports betting.
The August market shares were:
• MGM, 48%
• MotorCity, 28%
• Hollywood Casino at Greektown, 24%
Monthly Table Games, Slot Revenue, and Taxes
The casinos’ revenue for table games and slots for the month of August 2024 increased 5.9% when compared to the same month last year. August’s monthly revenue was 4.2% higher when compared to the previous month, July 2024. From Jan. 1 through Aug. 31, the Detroit casinos’ table games and slots revenue increased by 0.9% compared to the same period last year.
The casinos’ monthly gaming revenue results all increased compared to August 2023:
• MGM, up 8.9% to $53.86 million
• MotorCity, up 0.1% to $30.76 million
• Hollywood Casino at Greektown, up 7.4% to $26.18 million
In August 2024, the three Detroit casinos paid $8.97 million in gaming taxes to the State of Michigan. They paid $8.47 million for the same month last year. The casinos also reported submitting $17.3 million in wagering taxes and development agreement payments to the City of Detroit in August.
Monthly Retail Sports Betting Revenue and Taxes
The three Detroit casinos reported $9.61 million in total retail sports betting handle, and total gross receipts were $1.7 million for the month of August. Retail sports betting qualified adjusted gross receipts (QAGR) were up by $1.4 million in August when compared to August 2023, and up by $2.1 million when compared to July 2024.
August QAGR by casino was:
• MGM: $521,529
• MotorCity: $930,952
• Hollywood Casino at Greektown: $241,045
During August, the casinos paid $64,015 in gaming taxes to the state and reported submitting $78,241 in wagering taxes to the City of Detroit based on their retail sports betting revenue.
Chris Schroder
State of Colorado Marks One Year of Successful Self-Exclusion List for Responsible Gambling
The Colorado Division of Gaming announced that almost 300 people enrolled in the state’s Self-Exclusion Program, ahead of the effort’s one-year anniversary.
The Self-Exclusion Program, which launched in September 2023, is a crucial tool in promoting responsible gaming throughout the state and each signature is a significant step for each person who enrolls.
When people enroll in the Self-Exclusion Program, they voluntarily exclude themselves from participating in gaming activities offered under the regulatory purview of the Colorado Limited Gaming Control Commission and the Colorado Division of Gaming.
“We are encouraged by the positive response to the Self-Exclusion Program in its first year. The fact that 288 Coloradans have signed up demonstrates the importance of offering resources for those who seek to manage their gaming habits,” said Division of Gaming Director Chris Schroder.
This initiative is part of Colorado’s broader efforts to foster a safer and more responsible gaming environment. In addition to the Self-Exclusion Program, the Division offers a variety of resources aimed at promoting responsible gaming, including public education campaigns, responsible gaming grants, and access to a 24/7 helpline.
The Self-Exclusion Program is confidential and free of charge, providing individuals with the option to exclude themselves for a period of one year, five years, or even a lifetime. During the exclusion period, participants are barred from entering and gaming at any of the state’s licensed casinos, as well as they are unable to redeem points, bonuses, comps, or freeplay.
Gambling in the USA
Gaming Americas Weekly Roundup – September 2-8
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
Golden Matrix Group announced that the Company is progressing in its efforts to expand its market presence, particularly with its anticipated entry into the U.S. iGaming market. The Company, through its subsidiary Expanse Studios, which specialises in the production and distribution of iGaming content, is currently in the process of applying for the New Jersey Casino Service Industry Enterprise license.
Comanche Nation Casino has been recognised as the No. 1 Casino in the state at Oklahoman’s annual Community Choice Awards. The award programme recognises destinations throughout Oklahoma that provide exceptional service and experiences to the community and guests. Award finalists were invited to an awards gala at the Embassy Suites in Oklahoma City. In attendance to accept the award on behalf of Comanche Nation Casino was Shandi Tahhahwah, General Manager, and Megan Norberto, Marketing Manager.
The Esports Integrity Commission has announced that the highly anticipated ESIC Global Esports Summit (EGES) will make its US debut in 2024. The summit, a pivotal gathering for the esports industry, is set to take place on October 3 and 4, 2024, at the prestigious Georgia World Congress Center in Atlanta, Georgia.
Betr Holdings Inc., a leading sports gaming and media company, announced the launch of its peer-to-peer product “Group Mode” for Betr Picks, as well as the soft launch of the new Betr Sportsbook, just in time for the NFL season. With the launch of Group Mode, Betr Picks is now live in Florida and Massachusetts, with Virginia, Arizona, Tennessee, Missouri, Alabama, West Virginia, New Hampshire and Delaware to be launched imminently, which will have Betr Picks live in 33 states plus Washington, D.C.
New Partnerships
MGM Resorts International and BetMGM announced that they are once again partnering with the American Gaming Association to promote Responsible Gaming Education Month (RGEM 2024) in September. The two companies will execute their responsible gaming campaign at designated National Football League stadiums for the second year, with increased exposure for GameSense.
Allwyn announced its support of the U.S. premiere of Dvořák Dreams, an immersive, A.I.-generated digital exhibition by renowned artist Refik Anadol. This is the second year Allwyn has sponsored the international tour of this exhibition, underpinning its commitment to supporting the arts and innovative cultural initiatives across the globe. Allwyn’s support means the exhibition is free for the public to experience.
FaZe Clan, one of the most prominent and influential gaming organisations in the world, and G FUEL, the leading energy drink formula for gamers and creators, announced the revival of a new multi-year, multi-million-dollar sponsorship and licensing deal. This partnership is one of the largest transactions in GameSquare’s history, where FaZe Media will receive an equity component in G FUEL as part of the contract, further aligning the two companies’ core community-focused values and fostering deeper collaboration to drive growth and engagement within the gaming ecosystem.
EPIC Global Solutions and Bally’s have announced a groundbreaking three-year partnership aimed at promoting responsible gaming and making a positive impact on communities. This collaboration positions both organisations as leaders in responsible gaming within the gaming industry.
The post Gaming Americas Weekly Roundup – September 2-8 appeared first on European Gaming Industry News.
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