gaming-americas-weekly-roundup-–-june-14-20

Gaming Americas Weekly Roundup – June 14-20

Reading Time: 2 minutes

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, new partnerships and compliance updates. Read on and get updated.

Latest News

GameSquare Esports has announced that its subsidiary Code Red Esports has been awarded a contract to provide esports consultancy services to U.S. Polo Assn., the official brand of the United States Polo Association.

BetMGM has launched its mobile sports betting app at Nationals Park. The launch is part of a partnership signed between the operator and Washington Nationals.

Harrah’s has completed the $200 million renovation of its Las Vegas Strip property. Harrah’s Las Vegas now features 2542 redesigned guest rooms, a complete casino floor remodel and two new LED marquees at the north and south entrances.

Brazilian football club Atlético Mineiro is going to launch $GALO Fan Token in partnership with Chiliz – the creators of Fan Tokens and the Socios.com fan engagement platform.

Bally’s Corporation has announced that it has completed the previously announced acquisition of Jumer’s Casino & Hotel from Delaware North Companies Gaming & Entertainment. The total purchase price was $120 million.

Aristocrat and Seminole Gaming have launched a new $1 million Dragon Link high-limit progressive jackpot. The Dragon Link $1 million progressive jackpot is found exclusively at Seminole Hard Rock Hotel & Casino Hollywood and Seminole Hard Rock Hotel & Casino Tampa.

Yield Guild Games, a decentralised gaming guild of players and investors who generate yield from NFT-based games, has announced that it has raised a $4M Series A investment led by BITKRAFT Ventures.

The Entain Foundation US, a not-for-profit dedicated to responsible gambling funded by Entain, has launched a new responsible gambling app named “Gamble Responsibly America”.

Alexis Ohanian, the co-founder of Reddit, is leading a $4 million seed-funding round for the sports-betting startup Wagr, an app looking to wed social media with a fast-growing corner of the gambling market.

Jackpot Digital has announced additional terms of a proposed strategic reorganisation of its business by way of a spin-out of its online gaming software assets to a newly incorporated subsidiary of Jackpot (Spinco).

Partnerships

Crane Payment Innovations has entered into a partnership with Viejas Casino and Resort in Alpine, CA. Viejas players can now employ mobile payment methods as a result of the casino’s decision to upgrade their entire slot floor with SC AdvanceTM banknote validators and Easitrax Connect software.

PointsBet Maryland LLC has announced its plans to enter the recently legalised Maryland sports betting market through an exclusive deal with Riverboat on-the-Potomac.

Brazilian football club Palmeiras has entered into a sponsorship deal with the online gambling operator Dafabet. The deal will run until the end of 2021 and see Dafabet become the first official partner of Palmeiras within the sports betting category.

Compliance Updates

The Washington State Gambling Commission has unanimously approved sports wagering compact amendments for fifteen federally recognised Tribes at its public meeting held on June 10.

The Louisiana State Legislature has approved the legislation establishing a licensing framework for retail and online sports betting.

The Pennsylvania Gaming Control Board approved six consent agreements between the PGCB’s Office of Enforcement Counsel and license holders resulting in a total of $284,000 in fines along with two non-monetary enforcements.

Leave a Reply

Your email address will not be published. Required fields are marked *