Connect with us
European Gaming Congress Milan
NSoft

Latest News

New Jersey Sports Betting Shows February Strength, According to PlayNJ.com Analysts

Published

on

NJ-Sports-Betting New Jersey Sports Betting Shows February Strength, According to PlayNJ.com AnalystsReading Time: 2 minutes

 

New Jersey’s sportsbooks took in more than $320 million in February bets, generating strong monthly revenue despite a short month and a predictable post-Super Bowl lull. In all, New Jersey’s online and retail sportsbooks netted $12.7 million in revenue on $320.4 million in sports bets, down 16.8 percent from a record $385.3 million wagered in January.

The February handle works out to $46 per adult resident of New Jersey, significantly larger than any other legal sports jurisdiction, other than Nevada.

“Because of the strength of New Jersey’s online product, in-play betting during the Super Bowl was significantly stronger in New Jersey than in other legal markets,” said Dustin Gouker, lead sports betting analyst for PlayNJ.com. “In addition, New Jersey’s sportsbooks saw significant action on other sports, particularly on college basketball and the NBA. It adds up to another very good month for New Jersey even after a somewhat disappointing Super Bowl handle.”

New Jersey’s online sportsbook brands accounted for $258.9 million, or 80.8 percent, of total bets in January, according to official reporting. The state’s retail sportsbooks made up the remaining 20.2 percent. That compares to 79.2 percent of total bets flowing through online sportsbooks in January.

New Jersey’s sports betting market is less driven by major events than in Nevada, and February’s numbers bear that out,” Gouker said. “The market’s consistency will eventually help New Jersey overtake Nevada as the largest legal sports betting market in the U.S., which is now more a question of when rather than if.”

FanDuel Sportsbook/Pointsbet overtook DraftKings Sportsbook as the state’s dominant online sportsbook with $6.6 million in February gross revenue, up from $5.9 million in January. DraftKings Sportsbook fueled Resorts’ $3.7 million in February online gross revenue, down 46 percent from $6.9 million in January.

FanDuel Sportsbook at The Meadowlands continues to dominate the retail market, posting $1.5 million in February gross revenue, up from $1.2 million in January. FanDuel was followed by Resorts AC’s $142,846.

“DraftKings and FanDuel show few signs of relinquishing their top spots,” Gouker said. “But with football now over, it will be interesting to see if a change in focus to college basketball and Major League Baseball alters the dynamic in the coming months.”

LEGAL ONLINE CASINOS

A month after crossing the $30 million threshold for monthly revenue for the first time, legal online gambling generated $31.8 million in February, up 44 percent from $21.99 million in February 2018. Though monthly revenue was down from a record $33.6 million in January, the industry generated $1.1 million per day in the 28 days of February, even with the 31 days in January.

New Jersey’s online casinos are among the biggest beneficiaries of legalized sports betting,” said Steve Ruddock, lead online gambling analyst for PlayNJ.com. “Online casino revenue has grown by at least 25 percent in seven of the eight months since online sportsbooks made their first appearance in the Garden State. It would not be surprising if the industry hits $40 million in monthly revenue at some point before 2019 has ended.”

 

About the PlayUSA.com Network:
The PlayUSA.com Network and its state-focused branches (including PlayNJ.com and PlayPennsylvania.com) is a leading source for news, analysis, and research related to the market for regulated online gaming in the U.S.

 

Source: PlayNJ.com


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: New Jersey Sports Betting Shows February Strength, According to PlayNJ.com Analysts

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

Latest News

Week 42 slot games releases

Published

on

weekly-slot-releases-1-2 Week 42 slot games releasesReading Time: 4 minutes

 

Let’s have a look at this week’s latest slot game releases

NetEnt has expanded its selection of Asia-inspired slots with the launch of the highly energetic Sweety Honey FruityTM. The low-medium volatility game is a five-reel, 15-bet line video slot that combines an Oriental backdrop and traditional music with an exotic fruit theme. Dragon fruit, star fruit and juicy melons are among the tasty treats bursting onto the reels and combining to activate wild substitutions and free spins. Sweety Honey Fruity is NetEnt’s latest Asian-focused title, following last month’s release of Twin HappinessTM.

NetEnt-Sweety-Honey-Fruity-1 Week 42 slot games releases

 

Microgaming has launched the latest slot game Deco Diamonds Deluxe, developed by Just For The Win. Deco Diamonds Deluxe is a vibrant five-reel, nine-payline, high-volatility online slot gleaming with diamond-encrusted reels, glitzy symbols and a swinging soundtrack. Offering a unique slice of 20s nostalgia, Deco Diamonds Deluxe is now available exclusively to Microgaming operators.

6-5-1 Week 42 slot games releases

 

Endemol Shine Gaming has launched its new video slot Monster Meltdown, which introduces a brand new mechanic, Scatterways. Monster Meltdown is set in an industrial laboratory where robots work to rear radioactive monsters to use for scatterways wins. The robots can also trigger features with the levers to help maximise the wins.

7-7-1 Week 42 slot games releases

 

The fascinating Volcano Wealth video slot from EGT Interactive has the awesome 100 fixed pay lines, so you get the max number of winning chances on each spin, 4 reel positions and 5 reels. The smooth graphic is in the hot theme with variety of fairy symbols. “Volcano” symbol is Wild and appears on all reels. It substitutes for all symbols on the same reel except Scatters. One of the main bonus features is a four-level mystery jackpot cards. Three or more Scatters trigger the other main, bonus feature – FREE SPINS. Available both on desktop and mobile.

egt-interactive-vw-1 Week 42 slot games releases

 

Tom Horn Gaming’s new slot game, Hot’n’Fruity, promises to satisfy any craving for a feature-packed, visually attractive gaming entertainment. In recent months the provider has upped its game, releasing more engaging titles with new innovative features, while still keeping classic player experience alive. This well-balanced combination of new ideas, presented in the form of game mechanics, and a tried and tested game concept, theme or visual is reflected also in Hot’n’Fruity.

HotnFruity-1 Week 42 slot games releases

 

Scary critters are lurking in the darkness of Greentube’s Home of Games with the arrival of the brand-new spooky slot, Bat Stax2122-117 Week 42 slot games releases. This hauntingly exciting new title is now available for all B2B partners – if they dare! Those who embrace the darkness in the 5-reel slot Bat Stax2122-118 Week 42 slot games releases chance generous wins if the creatures of the night land in their favour. The thrilling gameplay requires players to be at their bravest as they head into the deepest, darkest caves in search of treasure.

bat-stax-1 Week 42 slot games releases

 

Yggdrasil, the innovative online gaming solutions provider, has released its darkest slot yet in time for Halloween, Blood Moon Wilds. The 3×5 game, set in the spooky bayou surrounding New Orleans, sees humans transform into treasure-seeking Werewolves under the light of the full moon. The title, which has been designed exclusively for GVC, is packed full of innovative features which can generate massive win potential. The lunar calendar appears on a dial above the game screen and turns with every spin. When the full moon lands in the base game the high pay symbol villagers are transformed into Werewolf Wilds.

Blood-Moon-Wilds-1 Week 42 slot games releases

 

Play’n Go have provided the industry with more new content today, with the release of their new slot Cash Pump. Another innovative offering from the slot supplier, Cash Pump’s takes the novel approach of combining FOUR classic slot machines into one game! This gives players 4 different 3×3 reel play areas to win on with every spin. The game brings the 4 slots together with its creative in-game features. Firstly, the Free Spin mode is activated by landing Scatters on each slot, and landing a strip of Wilds on the middle reel of any play area duplicates across all four slots.

cash-pump-1 Week 42 slot games releases

 

Microgaming travels deep into the jungles of Africa with 9 Masks of Fire2122-119 Week 42 slot games releases, the latest online slot developed exclusively by Gameburger Studios, creators of the hit debut slot, Break da Bank Again Respin. 9 Masks of Fire is the second title from Gameburger Studios, a new independent game studio serving up exclusive, mouth-watering content to Microgaming. Ignited with glowing visuals, this fiery African-themed, 20-payline slot takes players on a search for coveted masks of fire across five red-hot reels fuelled by powerful gameplay features, including free spins, Mask Pays, and the Free Spin Wheel.

9-masks-of-fire-1 Week 42 slot games releases

 


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Week 42 slot games releases

Continue Reading

Latest News

Interblock Signs License Agreement with National Hockey League

Published

on

interblock Interblock Signs License Agreement with National Hockey LeagueReading Time: 1 minute

 

Electronic Tables Games Decorated with all 31 NHL Team Logos

Luxury gaming manufacturer and electronic table game (ETG) market leader Interblock® today announced it has signed a license agreement with the National Hockey League (NHL ®) to incorporate League and Team logos into Stadium and standalone products.

John Connelly, CEO of Interblock commented “The historical synergy between sports and table game players made signing a deal with the NHL all the more exciting.  This collaboration will create a new portfolio of Electronic Table Games designed to attract a new type of patron to casino floors across North America. The NHL has given Interblock the ability to feature all 31 team logos in the design of our machines, where available, across North America.  Interblock will begin introducing the initial products in Q1 of 2020.

 


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Interblock Signs License Agreement with National Hockey League

Continue Reading

Latest News

Puma Partners with Cloud9

Published

on

9-11 Puma Partners with Cloud9Reading Time: 1 minute

 

Puma has announced a multiyear partnership with esports brand Cloud9 to create an apparel collection for gamers.

“Tapping into the world of esports, and its broad, dynamic consumer audience, is critical to our marketing strategy moving forward,” Adam Petrick, global director of brand and marketing at Puma said.

“Being able to transcend esports and elevate our brand within a broader global audience is the natural evolution of the growth of Cloud9,” Jordan Udko, executive vice president, commercial partnerships for Cloud9 said.

The effort to capture consumers interested in esports to buy sneakers and apparel may be difficult for Puma and others, according to Matt Powell, a senior industry analyst for market researcher NPD Group.

“It’s really going to be interesting to see if anyone can monetize it. There is an opportunity for a connection. Players want to identify themselves as players. If this is how they choose to do it, there is a monetary opportunity. Whether the esports player is focused on that as much as the real sports player remains to be seen,” Powell said.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Puma Partners with Cloud9

Continue Reading

Trending

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.