Author: OnlineGamblingDaily

Gaming company and horse racing giant Churchill Downs Inc. is exiting the online casino and sports betting businesses, Chief Executive Officer William Carstanjen told investors in a conference call on Thursday. The Kentucky Derby operator, however, will still maintain its web-based horse betting operations. “The online sports betting and online casino space is highly competitive with an ever-increasing number of participants that the states have licensed,” Carstanjen said, according to Bloomberg. “Many are pursuing maximum market share in every state with limited regard for short-term or potentially even long-term profitability.” CDI’s departure from the sports gaming vertical will happen over…

During Thursday’s Annual General Meeting, Australia-based Aristocrat Leisure Group CEO and Managing Director Trevor Croker announced the company’s entry into online Real Money Gaming (RMG), to be led by current Aristocrat Gaming CEO Mitchell Bowen. According to an ASX announcement, he said Aristocrat has been investing in building online RMG capabilities in-house over the past year. “Leveraging these foundations, and our growing global systems and technology capabilities, we will be accelerating a ‘build and buy’ approach to scaling in online RMG. This will see us invest strongly in building out our own online RMG platform infrastructure while also undertaking select…

As Missouri starts debating the legalization of sports betting this year, officials for Missouri’s 13 cities that have casinos called on Wednesday for a crackdown on illegal gambling machines, which they describe as having flooded the Show Me State in recent years.  “Only Missouri’s voters can decide where gambling can take place legally in our state, and currently that is limited to our 13 state-licensed riverboat casinos,” said Maryland Heights Mayor Mike Moeller, president of the coalition, according to St. Louis Post Dispatch. Members of the Missouri Home Dock City Association are urging Attorney General Eric Schmitt, county prosecutors and…

Century Casinos’ Canadian subsidiaries operating horse racetracks, doing business as Century Downs Racetrack and Casino (CDR) and Century Mile Racetrack and Casino (CMR), have partnered with Betmakers’ Global Racing Network for the distribution of their racing content as well as the facilitation of fixed odds wagering on the two racetracks’ thoroughbred and standardbred horse races.  Beginning with the Century Downs Racetrack and Casino’s 2022 Meet on Saturday, February 26, licensed betting operators around the world —including the Australian and Asian markets that Century Casinos is currently not accessing— can now offer content from both CDR’s and CMR’s sites for betting.…

We get an first-hand look at the beautiful new Monopoly Lunar New Year slot machine, combining all the elements of Scientific Games beloved Monopoly slot brand with the popular Asian themes so many players enjoy! We speak with Phil Gerber, Vice President of Sales and Marketing at Scientific, about game play and game mechanics! The latest Monopoly slot game from our friends at Scientific Games is sure to bring new riches to many lucky players on casino floors! This is a 5 reel, 3 row game that can expand and comes with medium volatility, where the average return to players…

In the first half of the year, a number of trade shows will be taking place in Latin America. What’s the company’s decision on these industry events? You’ve confirmed months ago your participation in GAT Cartagena and SAGSE LatAm, events scheduled for March. Is this still on? These days, due to the situation created by the pandemic, any participation at trade shows poses particular challenges for exhibitors – in terms of travel, logistics and of course the safety and health of the employees. But in contrast to very supra-regional, international show formats which involve a high level of travel and…

As reported by the South Dakota Commission on Gaming, Deadwood’s casinos started off the year with higher results compared to 2021, as January’s gaming handle increased by 6.75%. Visitors to Deadwood casinos spent $113 million on wagers in January.  The January 2022 report shows that gamblers put more than $105 million in slot machines, more than $7 million in table game bets and $835,251 in sports bets.  Slot machine handle increased by 6.88% when compared to January 2021, and table game handle decreased by 6.11%. The casinos had a taxable adjusted gross revenue of $9.9 million in January, with $892,498…

German state North Rhine-Westphalia, the country’s most populous and richest, is opening to online gambling under the Fourth Interstate Gambling Treaty (GlüNeuRStv), the new federal regime regulating online gambling services that launched in July last year. The state parliament -Landtag- passed a law last Thursday allowing the issuance of gambling concessions to iGaming operators, limiting the number of licenses to five. Online gaming will be limited to roulette, blackjack and baccarat: poker and slot games have yet to be approved. “The population’s demand for such a range of games is to be channeled into a permitted market in order to…

AI-driven sports data and content provider Stats Perform is hosting “a blockbuster event” to unveil 5 new products for sportsbooks and affiliates on 2nd March, the company announced last Wednesday. Invitations for the online launch event, called “Light Up Your Sportsbook”, have already gone out to product teams, sportsbook directors, trading directors and marketers at licensed sports betting operators and suppliers, the company says. Sports betting industry practitioners interested in joining can register at the event’s site. Opta data, live streaming video, machine learning and automated content will all be featured in the launch, explained the business, and will “power…

The introduction of a permanent smoking ban in Atlantic City casinos could cost up to 2,500 jobs and cause a decline in gaming and tax revenue for the state of New Jersey, according to a new analysis by independent research and professional services firm Spectrum Gaming Group. The report, commissioned by the Casino Association of New Jersey (CANJ), which has long opposed the introduction of the proposed ban, shows Atlantic City would be at risk of seeing as much as a 10% reduction in workforce from the loss of between 1,000 and 2,500 jobs. Moreover, it could lead to as…

Spain-based Nueva Codere announced Friday its CEO succession plan after Vicente Di Loreto, CEO of the company since January 2018, decided to gradually withdraw from his executive functions. However, he will remain committed to the group as Board member and senior advisor to the management team.  In an orderly transition that, subject to shareholder approval, will be completed on June 30, Di Loreto will transfer his executive duties to Alberto González del Solar and Alejandro Rodino, both of whom will start to hold office as Co-CEOs on July 1, 2022.  Rodino and Gonzalez de Solar have worked closely together at…

After two years of waiting as a large-format tradeshow, Gaming and Technology Expo will open its doors with a face-to-face return that has summoned the entire industry of this economic sector at the Cartagena de Indias Convention Center, in Colombia, from March 15 to 17. The maximum gaming authority in Colombia, Coljuegos, will have an active presence and representation in the conferences and the academic inauguration of the fair on Tuesday, March 15 at 10:00 am in the famous Pegasos Hall of the CCCI. It will also accompany 3A Producciones in the ribbon-cutting ceremony that starts the exhibition in the Gran…

Caesars Entertainment announced Wednesday the 53rd World Series of Poker (WSOP) daily event schedule for 2022. Following a 17-year run at the Rio All-Suite Hotel & Casino, the WSOP is moving to the Las Vegas Strip for the first time at Bally’s, which is in the process of being rebranded as Horseshoe, and Paris Las Vegas Hotel & Casino, and will feature the WSOP’s inaugural Master of Ceremonies, Vince Vaughn.  Doors will open Tuesday, March 31, with the event concluding on Wednesday, July 20. The WSOP Main Event, the $10,000 No-Limit Hold’em World Championship, will be held July 3 to…

California’s Supreme Court on Wednesday refused to block a November ballot measure sponsored by four tribes that would expand gambling at tribal casinos by allowing in-person wagering at tribal casinos and four horse racing tracks, as well as roulette and dice games. It is the only initiative to qualify so far with more than 1.5 million signatures, but it was challenged by two legal gambling cardrooms, the Hollywood Park Casino in Inglewood (Los Angeles County) and Cal-Pac Rancho Cordova (Sacramento County). Top supporters of the initiative include the Pechanga Band of Luiseno Indians in Riverside, the Yocha Dehe Wintun Nation…

Las Vegas Sands is launching a new political action committee to strengthen its push to legalize casinos in Texas, local media reports. The Texas Sands PAC has been credited with having already spent over half a million dollars across roughly three dozen primaries for the state House and Senate. The PAC, formed in January, launched with over $2 million to spend, reports Texas Tribune. It filed its first report with the Texas Ethics Commission on Tuesday, revealing recipients, plus initial funding of $2.3 million from Miriam Adelson, Las Vegas Sands’ majority shareholder. According to the gaming giant, the PAC is…

Under the terms of the contract, IGT will provide Lotto Baden-Württember with all aspects of its instant ticket printing business, including the creation of instant games and the application of printing techniques. IGT will also provide its marketing services from IGT’s Instants Advantage program to guide the German business through the strategic portfolio planning process to make informed game decisions that will help drive lottery sales. Additional marketing services include game development, analytics, distribution, retail execution tools and consultation on all aspects of the instant ticket program. In an official press release, Georg Wacker, CEO of Lotto Baden-Wüttemberg, spoke and…