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 acquisitions. Read on and get updated.
Latest News
Americas Cardroom, the US-based online poker site, is bringing back its Mini Online Super Series (MOSS) from November 22 to December 6. The series includes over 150 events, with over $2.5 million in guaranteed prize money. There are two Main Events on the docket, Sunday, November 29, and Sunday, December 6. Both start at 3 pm ET and feature $250,000 in guaranteed prize money and $55 buy-ins.
Enthusiast Gaming Holdings is preparing to list its common shares on the NASDAQ Capital Market (NASDAQ). In advance of the anticipated listing on the NASDAQ, Enthusiast Gaming will file a Form 40-F Registration Statement with the United States Securities and Exchange Commission (SEC). The listing of the Company’s common shares on the NASDAQ remains subject to the approval of the NASDAQ and the satisfaction of all applicable listing and regulatory requirements.
FlowPlay has announced that it has raised an additional $65,000 for the American Cancer Society (ACS) through its Vegas World in-game October fundraising campaign. The fundraiser is part of FlowPlay’s broader corporate giving programme and ongoing support for the ACS. This follows FlowPlay’s major fundraising milestone with the ACS over the summer, lifting its total raised for the organisation to $315,000.
The US gambling industry has won big at the polls, with three states authorising legal sports betting and three others either approving or expanding casino gambling. Among the states who are going to approve sports betting are Maryland, South Dakota and Louisiana. In addition, Virginia approved casino gambling in four locations, while Nebraska authorised adding casino games at its horse racing tracks, and Colorado expanded the number and type of casino games it can offer, along with eliminating some wagering limits.
Partnerships
Gaming-industry payments provider Mazooma has entered into a partnership with the leading financial data network, Plaid. The deal aims to bring an Instant Bank Transfer payment solution to igaming and sports wagering operators in certain regulated US states.
Crane Payment Innovations (CPI) has entered into a deal with the newly opened Circa Resort and Casino to supply its CPI SC Advance banknote validators and Easitrax Web Management System across the casino’s slot machines for the next seven years.
Sports streaming service DAZN has announced leading sports betting and gaming platform BetMGM as the exclusive odds provider for United States boxing broadcasts.
New Acquisitions
Affiliate marketing firm Raketech has announced an acquisition of US-based affiliate site americangambler.com (American Gambler). As a result of the acquisition, Raketech’s revenues within the US are expected to reach approximately 5-10% of the group’s total revenues in Q4 of this year. The agreed purchase price is EUR 5m.
Live audio content provider Entercom Communications Corp has acquired sports data and igaming affiliate platform QL Gaming Group in a $32m deal. The acquisition brings unrivaled data, analytics and insight-driven content to Entercom’s best-in-class sports broadcast stations, influential podcasts, and RADIO.COM, the fastest growing digital audio platform in America.
New Launchings
A new Hollywood-based esports team, which is backed by high profile celebrities, has announced its official launch. Named Team 33, the esports team is planning to enter major tournaments in popular games like Call of Duty, CS:GO, Valorant, World of Warcraft, Fortnite, League of Legends, Dota 2, Madden and FIFA. The team will have players from all over the globe.
BetMGM, a joint venture of GVC and MGM Resorts International, has successfully launched its new live casino product in partnership with Evolution. This complements BetMGM’s already market-leading gaming portfolio, and is further strengthened through the recent addition of industry-leading slot content from Playtech, DGC and Ainsworth.
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