Michigan’s Sports Betting and Online Gambling To Bring $650M In First-Year Revenue, According to MichiganSharp.com – European Gaming Industry News

Posted: August 10, 2020 at 4:44 pm

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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 partnerships and new appointments. Read on and get updated.

Latest News

As part of Colombias measures to combat the consequences of the COVID-19 pandemic, a Decree has been proposed, which allows, the operation of gambling halls of mayor districts, if they follow the pilot plan proposed. The municipalities with low cases will be able to implement pilot plans and open doors to bingos and casinos following the measures stated in the decree published by the Colombian president Ivan Duque.

The reopening of Atlantic City casinos has brought many young visitors to the casino-hotels in the state. The operators noted that many of the older regular clients have retreated temporarily, possibly because of the ongoing COVID-19 situations. Also, the operators observed a rise in visitors from the younger generation.

Partnerships

International Game Technology PLC has entered into a multi-year agreement with leading sports betting and iGaming provider, FanDuel Group. As per the agreement, IGTs PlaySports platform will power all of FanDuel Groups new and existing retail FanDuel Sportsbooks across the US through September 2024.

Sportsbook operator PointsBet has entered into a partnership agreement with Twin River Management Group. The agreement will see PointsBet provide iGaming and online casinos in the state of New Jersey.

Leading iGaming platform provider BtoBet has intensified its partnership with Camanbet, with the Venezuela-based operator going live online by making use of the Neuron 3 platform. Camanbet has been present on a national level for the past 14 years, primarily through its vast retail network.

New Appointments

Eilers & Krejcik Gaming, the casino consulting company based in London, has appointed Ross OHanley as its Senior VP. He will focus on expanding the companys consulting services division across the land-based casino market, especially on slot operations and systems technology.

New Launchings

William Hill has launched a temporary land-based sportsbook in the ticket box office area of Capital One Arena in Washington. In this temporary space, the first sportsbook in the Capital district, bettors can place bets through seven ticket windows and there will be nine electronic kiosks.

Everi Digital, the online gaming division of Everi Holdings, has partnered with ROAR Digital, a joint venture of MGM Resorts International and GVC Holdings, to launch three of its popular three-reel mechanical titles on Borgata Online Casino, BetMGM and Party Casino New Jersey. Smokin 777, Meltdown and Double Ruby are available for play now on these market-leading brands for online real-money gaming in New Jersey.

New Report

The American Gaming Association has published its new report Casino & Communities: Michigan. The report, which was completed before the nations COVID-19 outbreak, shows how critical casino gaming is to Michigans economy, and consequently, how important gaming will be to the states economic resurgence. The reportshows that the states 27 commercial and tribal casinos have an annual $6.3 billion economic impact on the state.

Compliance

Nevada gaming regulators are seeking fines against two casinos and a bowling alley, alleging that employees and patrons failed to comply with requirements including a mandate for people to wear masks or face coverings to prevent the spread of the coronavirus.

Global payment technology company Nuvei has received a certificate of registration for sports wagering in the state of Indiana. The approval from the Indiana Gaming Commission authorises Nuvei to provide payment services supporting sports betting transactions in Indiana.

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Michigan's Sports Betting and Online Gambling To Bring $650M In First-Year Revenue, According to MichiganSharp.com - European Gaming Industry News

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