Wire NORTH AMERICA
Ontario Breaks into Top 5 at Record Speed
Nevada - Harlem Nights-themed casino? A proposal for a Harlem Nights-themed casino has been put forward for the Historic Westside of Las Vegas with developers wanting to build a 60-story casino development with a 764-room hotel and more than 450 multi-family residential units. Plans have now been submitted to the city with the project expected to take six years to complete.
The proposed casino resort for Jackson Avenue and F Street has been presented to the City of Las Vegas Planning Commission. The project will celebrate the Historic Westside where during the WWII era hotels and casinos were built to provide entertainment for African Americans and African American businesses flourished.
The first floor features the existing legal non- conforming 6,650 non-restricted gaming area,the hotel lobby, and a restaurant and café both with outdoor seating. The third floor features a lounge area. Spanning from the third floor to the 10th floor is a 900-seat performing arts theatre. A variety of retail spaces are included on the fifth floor. On the seventh floor are a nightclub, restaurant, and management services for the apartment portion of the tower.
The ninth floor is the end of the parking garage portion with mechanical equipment. The 10th floor, the top of the tower’s base includes the poolamenity deck, a lounge, a health club featuring a gym and massage rooms, as well as additional offices for the hotel. Overall, the tower features 47 floors of multi- family residential and 27 floors of hotel rooms.
Canada - BCLC onboards Intralot Orion Intralot has signed a three-year contract, including an option of three annual extensions, with British Columbia Lottery Corporation (BCLC) for the provision of its sports betting platform Intralot Orion and relevant managed services, to enable the operations and management of BCLC’s retail sportsbook.
Intralot’s retail sports betting solution will be deployed and offered in all BCLC’s retail network via Photon X retail terminals and GameStation self-service terminals, which will be in market in British Columbia this winter, offering sports and lottery products. In addition, the sports offering will be enabled by Intralot’s BYOD (Bring Your Own Device) solution where players can view the full betting offering, prepare their digital betslips, and generate a QR code from anywhere before scanning them at a retail terminal or self-service terminal.
The Chairman of the Board of Directors of Intralot said: “We are excited to extend our partnership with BCLC in the sports betting sector. We are looking forward to a close cooperation with the Lottery in order to provide an enhanced retail player experience and responsibly drive the lottery’s growth.”
P18 WIRE / PULSE / INSIGHT / REPORTS
Te first Canadian province to launch an open, regulated iGaming market is on course to become one of the biggest online gaming markets in the world.
In just one year, the new legal igaming market in Ontario has delivered about $35.6bn in total wagers and approximately $1.4bn in total gaming revenue placing the province among the top five igaming jurisdictions in North America.
iGaming Ontario announced these totals to mark the open market’s one-year anniversary - Ontario was the first Canadian province to launch an open, regulated igaming market on 4 April 2022. Since then, more than 1.6 million active player accounts on websites run by 40+ Operators with agreements with iGaming Ontario have made the province the most competitive market in continental North America.
“Ontario’s igaming market has displaced the pre-existing unregulated market and made Ontario a recognised leader internationally in this industry since its launch in April 2022,” said Attorney General Doug Downey. “We are truly proud of this strong, responsible, competitive online gaming model. I want to especially commend the strong leadership of Executive Director Martha Otton, Board Chair Dave Forestell and the rest of the team at iGaming
US
B2B technology supplier Simplebet will provide an extended micro-betting offering for all Amelco operators across US sports after the two parties penned an agreement.
Micro-betting enables sports fans to bet on every aspect of in- play events during a game – such as pitches in baseball, or plays and drives during football, with a near-instant bet settlement. Following its initial March Madness success, Amelco and Simplebet now plan to scale their offering with the advent of the 2023 Major League Baseball season and the upcoming football season.
Brandon Walker, Head of Amelco USA, said: “Tis is yet another big step in the right direction and this focus on micro-betting will stand us in good stead.”
Ontario for helping us transform Ontario into a global leader in the sector.”
At the one-year anniversary of Ontario’s regulated internet gaming market, the Alcohol and Gaming Commission of Ontario is proposing a change to internet gambling advertising standards, with the goal of further minimising potential harm to youth and children. As part of its mandate, the AGCO monitors and identifies emerging risks and, where necessary, the registrar updates the registrar’s standards to mitigate them. Te AGCO has identified advertising and marketing approaches that strongly appeal to persons who are under the legal gaming age through the use of celebrities and/or athletes.
Te proposed amended standard will create an obligation for operators and suppliers to cease any advertising and marketing activities that use athletes, whether active or retired, in gaming marketing and advertising. It will also prohibit the use of cartoon figures, symbols, role models, social media influencers, celebrities or entertainers who are ‘reasonably expected’ to appeal to minors.
Nevada Everi set to buy assets of Video King
Everi Holdings has entered into a purchase agreement to acquire certain assets of Video King, a privately-owned leading provider of integrated electronic bingo gaming tablets, video gaming content, instant win games, and systems for $59m.
Everi expects to complete the transaction within 60 days, subject to customary closing conditions. Te acquisition, which will include the majority of Video King’s assets, will be funded from existing cash on hand and is expected upon closing to be immediately additive to the company’s adjusted EBITDA and free cash flow.
Te acquisition is expected to provide Everi with complementary assets and an established customer base to enable additional growth in its games segment. Currently licensed in approximately 60
jurisdictions, Video King is expected to expand the addressable market for Everi’s player-popular digital gaming content.
Subject to regulatory requirements, an estimated 20 per cent of Video King’s installed base of portable e- gaming tablets may be enabled to provide players with traditional bingo games and Class II video poker, slots and instant win games, as well as with a digital wallet and loyalty products.
Video King generated revenue of more than $25m in 2022, primarily from recurring revenues generated by an installed base of more than 50,000 portable electronic bingo tablets in tribal casinos, commercial casinos, charitable bingo halls, military bases and cruise lines, as well as from the sale of other assets.
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