Wire NORTH AMERICA
New Jersey Sports Betting dips in July Te NBA Finals and the Olympics could not help New Jersey's sportsbooks to
counter a national trend that has typically made July the slowest month of betting.
Online and retail sportsbooks accepted $578.7m in bets in July, down 24.5 per cent from $766.9m in June, according to official data.
NEW JERSEY SPORTS BETTING
North Carolina - The new Catawaba Two Kings Casino pre-launch facility in Kings Mountain, N.C., opened to the public on July 1 and is protected by technologies from JCM Global. Catawba Two Kings selected JCM’s iVIZION bill validator, GEN5 Thermal Printer, and ICB Intelligent Cash Box system for the 500-slot casino.
JCM, which is working with Delaware North, the hospitality and gaming company consulting on the Catawba Nation’s casino project, is planning to install these same solutions in future development phases of the Catawba Two Kings Casino.
“Delaware North has had great success using JCM’s cash management products at its own gaming properties, and those products have worked very well during our first month of operations at Catawba Two Kings Casino,” commented Mike Ulizio, President of the Catawba Nation Gaming Authority on the agreement. “JCM Global is a key part of our commitment to operate the casino with industry- leading tools and processes.”
“We are honored to be a part of the Catawba Nation’s first casino venture, and we are pleased that our long- term partner Delaware North recommended JCM for this project,” said JCM SVP of Sales, Marketing, & Operations Dave Kubajak. “More Native American and First Nation casinos select JCM products than all other competitor products combined. We take that trust and responsibility seriously, and we continually defend our casino partners against evolving counterfeiting and cheating techniques.”
US - MGM Resorts has become the first US casino group to insist that all salaried employees must be vaccinated against COVID-19 as a condition of employment. MGM has approximately 57,000 employees nationwide and said it is planning to hire several thousand additional workers.
MGM’s Brian Ahern said: “Our goal is to get as many people vaccinated as possible. We’re continuing to explore a variety of ways to do that, including expanding vaccination requirements among our workforce. This is an incredibly complex situation and we’re examining how expanded policies would potentially work and be implemented.”
MGM CEO, Bill Hornbuckle, added: “I know that for some of you this may be an unwelcome development – a consideration that we did not take lightly when making this decision.
“However, as one of the largest and most trusted operators and employers in our industry, MGM Resorts is determined to do our part to curb the spread of the virus and help counter alarming trends in cases, hospitalizations and deaths. Vaccination is the most effective tool in doing so.”
P16 WIRE / PULSE / INSIGHT / REPORTS
Te NBA Finals and the Olympics could not help New Jersey's sportsbooks to counter a national trend that has typically made July the slowest month of sports betting. But with relatively strong sports-betting revenue, another monthly record for online gambling, and strong results from Atlantic City's retail casinos, New Jersey's gaming outlets set a record for total gaming revenue in a month with $450.6m in July.
Online and retail sportsbooks accepted $578.7m in bets in July, down 24.5 per cent from $766.9m in June, according to official data. July 2021 was up 83.7 per cent from $315.1m in July 2020, a month with the relaunch of baseball and the beginning of the NBA bubble. July's wagering was far less than February's $743m handle, previously the low point of the year. Tat echoes 2019, when July's $251.4m handle was the lowest monthly tally of that year.
At 9.5 per cent, the hold percentage remained high in July for sportsbooks, yielding $55m in gross gaming revenue. Tat was down 22.9 per cent from $71.3m in June and up 86 per cent from $29.6m in July 2021. In the end, sports betting produced $8.3m in state and local taxes.
Baseball was the top sport in July with $195.4m in wagering over the course of the month, up from $169.3m in June. With the NBA Finals in July, basketball was second with $74.8m, down from $190.9m in June.
EveryMatrix and Kindred sign games distribution agreement
US
EveryMatrix and Kindred Group have completed an agreement for casino content distribution across the US. Kindred Group will expand its current casino offering by integrating EveryMatrix’s own proprietary games from Spearhead Studios and Armadillo Studios.
Trough the integration, Kindred will have the option to add more vendors as they become available through the supplier’s iGaming integration platform, CasinoEngine, which features a library of content supported by a cross-vendor bonusing system.
Online operators generated $529.4m in wagers in July, or 91.5 per cen of July's statewide handle. FanDuel Sportsbook/PointsBet once again topped online operators with $29.5m in gross revenue, down from $38.1m in May.
Retail sportsbooks tallied $49.3m in wagers in July, down from $83.9m in June. Meadowlands/FanDuel topped all retail sportsbooks in July with $2.2m in revenue.
Online casinos and poker rooms continue to side-step any summer slowdown, generating a record $118.7m in gross gaming revenue in July. Tat is up 35.7 per cent from $87.5m in July 2020 and up 10.9 per cent from $107.1m in May. July shattered the previous revenue high of $113.7m set in March.
Online casino games alone generated $115.6m in July, pushing lifetime revenue to $3bn since online gambling launched in November 2013. Trough seven months of 2021, online casino games and poker have generated $752.9m in revenue, up 47.6 per cent from $510.2m through the same period in 2020.
“Te bounce back in Atlantic City hasn't slowed online casinos a bit," explained Eric Ramsey, analyst for the
PlayUSA.com Network. “Any worry that the return of casino visitation would come at the expense of online revenue should be alleviated now.”
Erik Nyman, President Americas at EveryMatrix, commented: “Kindred Group is one of the earliest adopters of iGaming and sportsbook globally and been very successful since the inception. We are very pleased to become their trusted partner in the U.S. market. Tis partnership further enhances EveryMatrix position to become the leading technology provider in America and we trust Kindred’s players will enjoy our games portfolio.”
Manuel Stan, SVP USA at Kindred Group, added: “We are very excited to partner up with EveryMatrix and bring the top- quality content from Spearhead Studios and Armadillo Studios to our US customers, in our intent to bring a best-in-class Casino offering to the US.”
US
Penn National Gaming is buying theScore Media and Gaming for US$2bn in cash and stock as the company looks to develop and own its own sports betting platform. Jay Snowden, President and Chief Executive Officer of Penn National, said: “We are thrilled to be acquiring theScore, which is the number one sports app in Canada and the third most popular sports app in all of North America. theScore’s unique media platform and modern, state-of- the art technology is a powerful complement to the reach of Barstool Sports and its popular personalities and content.We are now uniquely positioned to seamlessly serve our customers with an ecosystem of sports, gaming and media in North America, creating a community that doesn’t currently exist.”
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102 |
Page 103 |
Page 104 |
Page 105 |
Page 106 |
Page 107 |
Page 108 |
Page 109 |
Page 110 |
Page 111 |
Page 112 |
Page 113 |
Page 114 |
Page 115 |
Page 116 |
Page 117 |
Page 118 |
Page 119 |
Page 120 |
Page 121 |
Page 122 |
Page 123 |
Page 124 |
Page 125 |
Page 126 |
Page 127 |
Page 128
