Author: OnlineGamblingDaily

I owa gamblers ended fiscal 2021 with a new record turnover, setting new all-time marks for betting on casinos, sports, and lottery games that combined topped $3.2 billion. According to State Racing and Gaming Commission data posted last Friday, Iowa’s 19 state-licensed casinos reported adjusted gross revenue of nearly $1.58 billion via their slot machines and table games and a separate sports wagering handle of over $1.2 billion that netted them nearly $90 million in receipts for the 12-month period ending June 30. Council Bluffs’ three casinos, Ameristar, Harrah’s, and Horseshoe, had a combined gross revenue of $404,281,270. “I think…

T he Cherokee Tribal Council approved an investment of $275 million destined to the expansion of the Valley River Casino in Murphy, with only two oppositions.  The plan itself has not been made public, and the projects included in the plan are not named in the resolution passed by the Tribal Council. Nevertheless, Brian Saunooke, Harrah’s Regional Vice President for Marketing, said that some of the features include an additional hotel tower -aside from the seven-storey hotel tower with 300 rooms-, an indoor pool, a new restaurant, a hotel lobby café, and a spa.  Additional gaming and parking spaces are…

Acres Manufacturing’s program considers the losses the skill factor implies for casinos A cres Manufacturing announced Wednesday its new Optimal Poker Analyzer, which has been designed for casinos to maximize profit on video poker. The new system enables casinos to develop a strategy of optimization of marketing and operations through the analysis of decisions made in video poker. Acres Manufacturing’s Foundation casino management system, which the software interfaces to, provides granular data on every hand played. Optimal Poker Analyzer accesses the actual card values as they are dealt, and instantly recognizes the optimal play strategy for each hand. The company’s…

P ennsylvania Gaming Control Board (PGCB) Chairman David M. Barasch announced Thursday his retirement from public service, which includes almost six years in the leadership position of the state’s gaming regulator. On October 8, 2015, Pennsylvania Governor Tom Wolf appointed Barasch to a three-year term on the Board as Chair, and he accepted a second three-year term in July 2018. All PGCB Commissioners are limited to a total of six years on the board. Barasch’s decades-long career serving both state and federal government included Consumer Advocate for the Commonwealth of Pennsylvania, Special Assistant to Governor Bob Casey, U.S. Attorney for…

A ctivity in the online market declined in May with active accounts and gross gambling yield (GGY) both decreasing 14% and 5% respectively, while total bets remained at a similar level, according to data released Thursday by the UK Gambling Commission.  The operator data reflects the period between March 2020 and May 2021, inclusive, and covers both online and some offline gambling operator data, noting that land-based premises have only recently been able to open since closing in December. Year-on-year comparisons between months in 2020 and months in 2021 are not relevant due to differing operating circumstances of both years…

 July 15, 2021 Sports betting fans in Connecticut will only have to wait until fall. DraftKings & Foxwoods Resort have announced a partnership to deliver sports betting be the kickoff of the NFL Football season in September. FanDuel & Mohegan Sun Resort have also formed a partnership and should launch at about the same time. These agreements will not only allow state residents to bet on sporting events. Both deals will enable online gaming and daily fantasy sports to take place as well. The governor of Connecticut signed the bill legalizing sports betting and the other activities in May of…

It backs two constitutional amendments that would not violate the new state compact with the Seminoles L as Vegas Sands Corp. is funding a political committee that has made two proposed constitutional amendments that would pave the way for casino gambling in the northern part of Florida. The owner of The Venetian Resort Las Vegas pumped $17 million on June 28 into a political committee called Florida Voters in Charge, according to filings with the state Division of Elections, as reported by Florida Times-Union. State’s residents could vote on the amendments during the ballot in November 2022. The company’s push…

T he cross-technology platform will allow players using any device such as a smartphone or a virtual reality headset to play against each other. The online gambling platform will feature Extended Reality (XR) technologies such as Augmented Reality (AR), Mixed Reality (MR) and Virtual Reality (VR). Initial games will include blackjack, roulette and slots and will be featured in its mixed reality minimum viable product starting Aug. 21. Sports betting, baccarat, bingo, craps, poker and keno will follow, stated the company. The global extended reality market is expected to grow from $33 billion to over $125 billion in 2026, at…

A ccording to numbers released on Tuesday by the Michigan Gaming Control Board, Detroit’s three casinos collectively reported $108.1 million in aggregate revenue for the month of June. MGM Grand Detroit, MotorCity Casino Hotel, and Greektown Casino were under capacity limits due to the coronavirus pandemic for 21 of 30 days last month. The restrictions were lifted on June 22, marking the first time since early 2020 the casinos were permitted to operate at full capacity, reports The Detroit News. The monthly report from the control board includes revenue tied to table games and slots as well as retail sports…

S oftSwiss announced on Wednesday that the brand was shortlisted for four nominations at the upcoming International Gaming Awards 2021 (IGA), which will be held on September 8 at the Savoy Hotel London. The SoftSwiss solutions were previously shortlisted for EGR B2B and the Global Gaming Awards this year. This time around at the IGA 2021, SoftSwiss Managed Services is nominated for the Best Customer Service Company of the Year, the SoftSwiss Sportsbook is nominated for the Sports Betting Platform of the Year, along with the SoftSwiss Game Aggregator receiving the nomination for Technology Provider/Supplier of the Year. The SoftSwiss…

G lobal online casino operator SlotsMillion has expanded its Responsible Gambling strategy with the launch of its new Player Protection team, a joint Anti-Money Laundering and Responsible Gambling functions supported by an alert system. Through this new division, the company will mitigate the risks related to excessive spend and criminal spend, as the team will coach and train the other operational departments to make sure that Responsible Gambling is integrated into everyday customer interactions. During 2020-2021, the company split the B2C and B2B entities of the group and conducted a complete rebranding in order to present an entirely new user interface in…

I nspired Entertainment announced on Wednesday the launch of Big Spin Bonus, a classic fruit slot with a unique bonus mechanic, available online and on mobile. With 50 win-lines and a 6×4 reel configuration, Big Spin Bonus is a descendant of Inspired’s popular hit, Big Bonus. The player is awarded between one and five guaranteed Big Win Spins, which are wins of 20x or more, via the game’s Pick Me feature. Players have unlimited Free Spins until the Big Spin Bonus bank is exhausted, building up their prize pot with every spin in between. During Free Spins, sticky wilds will…

S lots supplier Wazdan is offering a new Asian-themed slot with its latest Midnight in Tokyo. The supplier’s new game is a 5-reel, 243+ ways to win escapade combining a number of the developer’s most popular features in the latest installment in its Hold the Jackpot series, with players being able to win up to 3,000x their stake. Two types of Wild Splitters are present in the game, both of which increase the number of ways to win using Wazdan’s splitter mechanic. Wild symbols not only substitute for other symbols, but they also split the adjoining symbols into 2 if…

 July 14, 2021 Video game streaming on platforms like Twitch has seen a sharp increase in recent years, and over the past eighteen months in particular there have been a steady rise in new content creators and new viewers too. The latest category to see a big step up in attention on the platform however has come from online casinos and slots, as well as a growing disagreement around how the platform should handle the content on the site. Twitch has a bit of a spotty history with making the correct decision in situations similar with sports betting being a focus…

 July 14, 2021 If you are an operator wanting to offer New York mobile sports bets, get ready to pay a heavy price. After years of trying to pass legislation to allow the activity, the state of New York seems pretty proud of themselves. The cost for the privileged of serving players in the Empire State? How about $25 million up front for the license, and 50% (or more) in taxes on your gross revenue! Additionally, the state would prefer to deal with operators who already have a revenue sharing agreement with a Tribal Gaming interest within the state, and…

A llied Esports Entertainment today announced the completion of the sale of the entities comprising the World Poker Tour®, to Element Partners. The transaction was approved at a special meeting of the Company’s stockholders on July 1, 2021. As previously announced, the purchase price of the transaction totaled $105 million and included 100% of the outstanding capital stock of each of the legal entities that collectively operated or engaged in the Company’s poker-related business and assets. “This is a momentous day for AESE and an opportunity to focus on growing the business in exciting and innovative ways,” said Frank Ng,…