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Wire NORTH AMERICA


US$1bn take for NJ Online and Retail


New Jersey’s online and retail sportsbooks took in nearly $1bn in wagers in February, even as revenue dropped significantly.


Retail sportsbooks lost $1.4m on their bets. Resorts AC topped the market with $451,455 in revenue, a rare win over Meadowlands/ FanDuel, which lost $146,166.


US OPERATIONS


Pennsylvania - Rivers Casino installs chippers TCSJohnHuxley has successfully installed seven Chipper Champ Pros at Rivers Casino Philadelphia in Pennsylvania after a side-by-side 90 day trial.


Since its launch, the Chipper Champ has been an industry benchmark product, by which all others are measured and the new Chipper Champ Pro carries forward this same pedigree. Every detail of the Chipper Champ Pro has been created with its users in mind. By working with casino managers, service engineers and most importantly dealers, the ‘Pro’ has been designed to be the most reliable and cost effective chipper to operate and maintain.


The Chipper Champ Pro has new stand-out features that include an innovative fold away 10ins touchscreen, providing more information to personnel right on the gaming floor, along with enhanced security through two built-in cameras which allows approved gaming staff to see inside without having to remove panels and interrupt the game.


Greg Stewart, TCSJohnHuxley Head of Sales for North America, commented: “Thank you Bennie Mancino and the rest of the staff at Rivers Casino Philadelphia for giving us a chance to prove the Chipper Champ Pro stands out from the rest. Our newest Chipper has state-of-the-art features and benefits as well as being the most reliable chipper to operate. Adding chip sorters to the casino’s Roulette tables will certainly increase productivity and game performance. We truly appreciate this opportunity!”


Canada - Kambi secures Ontario approval Kambi Group has obtained regulatory approval from the Alcohol and Gaming Commission of Ontario (AGCO), enabling the world’s trusted sports betting partner to launch with partners from day one of the Ontario online market opening.


Kambi received confirmation from the AGCO of its registration as a Gaming-Related Supplier effective from 4 April 2022, the date when regulated online single-event wagering launches in Canada’s most populous province.


Canada - Blueprint Gaming win Ontario licence Blueprint Gaming is set to build further momentum across Canada after it received approval to supply games to multiple operators within the imminently regulating market province of Ontario.


Following approval from the Alcohol and Gaming Commission of Ontario, over 50 of Blueprint’s games such as The Goonies, ted and Sausage Party will be made available to operators and players when the new market opens for business on April 4. In addition, the company will be adapting its well-known branded Deal or No Deal games to be based on Canada’s equivalent show Le Banquier.


P22 WIRE / PULSE / INSIGHT / REPORTS


New Jersey’s online and retail sportsbooks took in nearly $1bn in wagers in February even as revenue dropped significantly. A 33 per cent year-over-year gain in wagering combined with another strong month in online casino gambling is more evidence of the resilience of the New Jersey gaming industry.


“New Jersey’s online and retail sportsbooks continue to follow the same historical seasonal patterns, showing only a modest impact from New York’s entry into the online sports betting space,” said David Danzis, an analyst for PlayNJ.com. “Tat is a cause for relief for those that are heavily vested in the success of the state’s industry, including the state itself.”


New Jersey’s online and retail sportsbooks attracted $985.6m in bets in February, which was down 26.9 per cent from the record $1.35bn in January. Most telling, though, betting volume was up 32.7 per cent from the $743m in bets that sportsbooks accepted in February 2021.


Bettors fared well on February’s bets, dropping sportsbook revenue to $30.9m. Tat’s down 38.6 per cent from $46.2m in February 2021 and down 94.8 per cent from $60.2m in January. Te result of February’s win was $4.5m into state and local taxes.


Te Super Bowl was a key driver in February with a state record $143.7m in non-parlay


Inspired receives supplier licence for gaming in Ontario


Canada


Inspired has received a gaming-related supplier licence from the Alcohol and Gaming Commission of Ontario (AGCO) and plans to launch its portfolio of iGaming products in Ontario early in the second quarter of 2022.


Te licence authorises Inspired to offer its games to AGCO- approved operators serving the province of Ontario. Inspired will have 25 games certified in time for the market launch including titles such as Big Spin Bonus, Big Fishing Fortune and retro classic Space Invaders.


Claire Osborne, VP Interactive


wagering. However, basketball continues to be the lynchpin of New Jersey’s sports betting market. Over the 28 days of February, bettors placed $503.1m in wagers on basketball, down modestly from $553.7m over 31 days in January.


“Te popularity of the NBA has always kept New Jersey’s sportsbooks relatively busy in February even as most other legal markets suffer a post-Super Bowl hangover,” Danzis said. “Tere is a natural seasonality to sports betting, but bettors’ interest in basketball has long made the seasonal troughs less pronounced in New Jersey than in other markets.”


Online sportsbooks drew $899.6m in wagering, or 91.3 per cent of the state’s handle in February. FanDuel/PointsBet/SuperBook generated $14m in gross revenue, down from $35.5m in January. DraftKings/Fox Bet/Resorts was No. 2 with $8.6m in revenue.


Retail sportsbooks lost $1.4m on their bets. Resorts AC topped the market with $451,455 in revenue, a rare win over typical leader Meadowlands/FanDuel, which lost $146,166. New Jersey’s online casinos and poker rooms fell short of yet another record for monthly revenue, a product of a short month more than any slowdown for the industry. February resulted in $130m in online casino and poker revenue, down 5.7 per cent from the record $137.8m in January.


at Inspired, said: “Ontario’s iGaming market officially opens to licensed operators on April 4, 2022, and we couldn’t be more excited to be a part of the newly regulated iGaming market. With a population of nearly 15 million people, Ontario's demographics compare favourably to states like New Jersey or Michigan where we already operate. We expect Ontario to present a significant opportunity for us.”


Inspired already has a presence in Canada: Loto-Québec, a long-time customer, currently offers Inspired’s best-in-class Interactive casino content on its online gaming website, lotoquebec.com. Inspired also has several partnerships in many regulated markets south of the border, including New Jersey, Michigan, and Connecticut.


US


Greenwood Gaming and Entertainment, parent of Parx Casino in Pennsylvania, along with Playtech, have launched the new betPARX app in Pennsylvania and New Jersey ~ combining mobile casino and sports betting. betPARX offers a simple platform to wager on all sports as well as play mobile centric casino games in both states. Te betPARX app features a wide array of progressive slot games and table games including Blackjack, Roulette and live dealer games. Te sports betting feature of the app will provide a variety of bet types, including live in-play wagering and risk free promotions. Te app offers players a fast and secure sign up process in under a minute through its simple, clean interface.


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