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Gaming Americas Weekly Roundup – November 16-22

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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

Score Media and Gaming Inc. has introduced Bet Section, its new integrated and personalised suite of betting features. According to the firm, the new dedicated home within theScore’s media app takes its innovative cross-platform media and betting experience with theScore Bet to the next level. Bet Section delivers suite of new personalised betting features, further deepening theScore’s industry-leading media and gaming integrations. Personalised betting features include prioritised and tailored markets, live bet tracking and exclusive promotions.

The Cordish Companies has celebrated the opening of Live! Casino Pittsburgh. The eagerly awaited $150 million Live! Casino, located at the Westmoreland Mall in Pennsylvania, is scheduled to open its doors to the general public at 6:00 am on 24 November 2020. The Cordish Companies’ Principal Jon Cordish, Managing Partner Joe Weinberg and Cordish Gaming Group President Rob Norton were joined at the ribbon-cutting ceremony by incoming state Senate Majority Leader Kim Ward and state Representative George Dunbar.

The Argentina government has decided to raise the online gaming tax rate for 2021. Online gambling has barely been regulated in Argentina, but that hasn’t stop authorities from approving a tax increase for the sector. As contemplated in the 2021 Budget, the rate online operators pay will rise from 2% to 5% next year.

Partnerships

Online gaming platform developer LatamWin has entered into a partnership with edict egaming, a subsidiary of Gauselmann Group, which will bring new benefits to Merkur game users in Latin America. One of the main goals of the agreement is to engage online gaming operators and all those new companies of the industry, LatamWin said in a press release.

Scientific Games Corporation has signed a new five-year deal with the Massachusetts State Lottery Commission (MSLC). As per the deal, Scientific Games will supply its world-leading instant games, second chance promotions and digital engagement programmes to the Massachusetts Lottery. Scientific Games’ new contract, which may be extended up to two years by MSLC, includes consumer digital services that will engage players through exciting second chance game features and help the Lottery protect and grow revenues for the Commonwealth.

JCM Global and The Mint Gaming Hall at Kentucky Downs have expanded their partnership again. As per the deal, JCM will upgrade all 450 games in the casino to its award-winning iVIZION bill validator with ICB Intelligent Cash Box system. Also, JCM will install its iVIZION with ICB and GEN5 Thermal Printer in the newly expanded casino area, which houses approximately 600 games and opened in September.

New Appointment

GVC Holdings PLC has appointed Martin Lycka as its Senior Vice President for American Regulatory Affairs and Responsible Gambling. In this role, Lycka will be responsible for expanding GVC’s licensing and regulatory structure in the US and underscoring the company’s commitments to responsible gambling, sports integrity and regulatory compliance. Lycka will also lead regulatory affairs in Canada and support GVC’s Latin America regulatory strategy as the company looks to establish state-regulated offerings in these regions.

New Acquisition

Bally’s Corporation has completed the acquisition of Bally’s Atlantic City Hotel & Casino from Caesars Entertainment Inc. and Vici Properties Inc. The purchase price of the acquisition was $25 million, subject to customary adjustments, and was funded with cash on hand.

Compliance

The Virginia Lottery has received 25 applications for mobile sports betting permits. The names of the companies that applied are not revealed by the Lottery. Big-name companies like DraftKings, FanDuel and Penn National Gaming, affiliated with Barstool Sports, and major casino operators have already shown interest in Virginia’s sports betting industry and may be among the applicants.


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: Gaming Americas Weekly Roundup – November 16-22

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.

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FBM Foundation boosts digital learning at ISCAG School in Cavite

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The FBM Foundation took a bold action to empower students with essential digital skills at the ISCAG School in Salitran I, Dasmariñas, Cavite, on September 29th. The initiative, organized under the project “Building a Champion by Champion: Shaping Digital Leaders of Tomorrow,” provides vital resources to enhance the students’ digital learning experience for the future.

This solidarity gesture by the FBM Foundation reinforces the project’s intervention in the education field. The ISCAG – Islamic Studies Call and Guidance of the Philippines School Inc. is a non-stock, non-profit organization dedicated to fostering understanding and correcting misconceptions about Islam and Muslims. It serves 230 students from grade school to high school, creating an environment conducive to intellectual and spiritual growth.

Guided by their dedication to driving meaningful change, 10 FBM Foundation committed volunteers actively participated in this initiative. The intervention went beyond distributing 18 computer units, tables, chairs, and air conditioning units by including light repairs and the organization and cleaning of the school’s computer lab. This hands-on approach transformed the learning environment, creating a modernized and welcoming space where students can develop the digital skills necessary to thrive in an increasingly technology-driven world.

“Education is the cornerstone of progress. By providing students with the necessary equipment, we are not only investing in their futures but also in the future of our society. The FBM Foundation is happy to assist these young minds in their growth process, supporting their path to lead with knowledge and compassion”, mentioned Pepe Costa, FBM Foundation’s Representative in the Philippines.

The FBM Foundation has significantly improved the school’s technology, helping to close the digital divide, and ensuring that students from the Islamic community have equal access to educational resources and opportunities. By investing in technology and infrastructure, the FBM Foundation is reinforcing ISCAG School’s mission to enhance understanding of Islam while encouraging social harmony and intercultural dialogue. The support provided by the FBM Foundation ensures that students are better prepared to become the digital leaders of tomorrow, contributing positively to society.

 

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Light & Wonder Unveils New Cross-Platform Mystery Progressive for Loto-Québec

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Innovative system to connect land-based and iGaming jackpot pools

Light & Wonder, Inc. (NASDAQ and ASX: LNW) (together with its subsidiaries “Light & Wonder,” “L&W” or the “Company”) today announced the launch of a new L&W product feature designed to support cross-platform, wide-area, and local-area mystery progressives. This enhancement offers a white-label solution that seamlessly connects the same progressive meter across both land-based gaming machines and iGaming platforms, creating a unified experience across both gaming channels.

Loto-Québec has launched the first cross-platform mystery jackpot using L&W’s new cross-platform technology. The progressive, named SUPER CAGNOTTE, can be found on Loto-Québec’s online gaming portal, lotoquebec.com, and on COSMIC™ gaming machines across casino floors within the province. The progressive jackpot has debuted with the popular series: Rich Little Hens.

“We are excited to bring our cutting-edge cross-platform offering to Loto-Québec,” said Niaz Nejad, Managing Director, Americas – Gaming at Light & Wonder. “Cross-platform progressives represent an exciting new product feature designed to bridge the gap between land-based and online gaming platforms. Players can now engage with the same mystery progressive at the casino or on their mobile devices.”

“Loto-Québec is delighted to offer Quebec customers this exclusive new product, available both online and in our casinos. We are convinced that this addition from Light & Wonder will please our customers, who already enjoy progressive jackpots and click and mortar experiences,” added François Hardy, Senior Director, Product and Innovation at Loto-Québec.

For more information, visit lnw.com.

 

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GLOBAL DESIGN FIRM WATG ACQUIRES ATLANTIC CITY-BASED SOSH ARCHITECTS

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The two firms are integrating to form a single entity, combining their industry-leading expertise in design for the hospitality, entertainment, and gaming sectors.

Following the strategic acquisition of SOSH by WATG, the leaders of both firms are working closely together to establish and implement strategies as a single business entity moving forward. SOSH’s office in Atlantic City, New Jersey will begin to operate as the 9th regional office in WATG’s global framework, following the recent announcement of WATG expansion into the Dallas market this fall.

Specializing in architecture and interior design for the hospitality, gaming, and entertainment sectors, WATG and SOSH share a commitment to design excellence, intertwined with a mutual dedication to optimizing operational performance, project delivery, and talent development. The two design firms have strong, positive relationships, shared values, and experience of working on complex, fast-paced projects that are delivered from initial design concepts to construction administration with unwavering professional service.

WATG and SOSH share a passionate and committed interest in the gaming and hospitality sectors and will now offer clients and collaborators a deeper bench of expertise in these sectors, precisely as the industry pivots to prioritize integrated resorts and mixed-use developments. Clients will benefit from the design innovation and high level of service that come from WATG and SOSH’s combined experience, diverse perspectives, global reach, and multidisciplinary approaches, as project teams draw on a larger field of knowledge and resources.

“This integration has been thoughtfully considered and directly supports the strategic growth of both firms,” said David Moore, Chief Executive Office of WATG. “SOSH has been recognized as a leader in gaming industry design, and WATG the leader in hospitality. As we come together, we’re excited by the opportunity to elevate our offering to our clients, helping them to differentiate, grow and succeed.”

“Our relationship goes back decades when our firms worked together on multiple projects in the Atlantic City market,” said Tom Sykes, Founding Principal of SOSH. “We’re proud to come together now and look forward to the opportunity to work as a collaborative, multidisciplinary team, sharing our expertise in the gaming industry and gaining from WATG’s elite and global presence. The process of integration will be now begin and will further strengthen the service that we can offer our clients on both existing and future projects.”

 

The post GLOBAL DESIGN FIRM WATG ACQUIRES ATLANTIC CITY-BASED SOSH ARCHITECTS appeared first on European Gaming Industry News.

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