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Colorado Sportsbooks Impressive Again With $128.6 Million in August

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Colorado Sportsbooks Impressive Again With $128.6 Million in August

 

The Colorado sports betting market’s first real test was met with overwhelming success, using a busy slate of major U.S. sports in August to more than double the state’s handle from July. In doing so, Colorado has continued its rapid ascent for a market that launched in May amid a worldwide pandemic, said PlayColorado analysts.

“Considering the obstacles Colorado’s market has had to face since it launched in May, the results so far have surpassed the expectations of all but the most optimistic,” said Dustin Gouker, lead analyst for the PlayColorado.com. “Colorado is already in a small group of major U.S. sports betting markets, and it has reached that level long before the market has matured.”

With a busy schedule of baseball, NBA, and NHL games throughout August, online and retail sportsbooks combined to generate $128.6 million in wagers, up 117% from $59.2 million in July, according to official data released Wednesday. The wagers over the 31 days of August netted $1.9 million in betting proceeds, down 22% from $2.4 million in July. The drop in net proceeds came in spite of a rise in gross revenue to $7.5 million from $5.2 million, the result of increased marketing.

August’s wagers produced $189,462 in state taxes and topped the $122.9 million in bets that sportsbooks generated over the industry’s first three months combined.

Colorado sports fans had plenty of motivation in August. Fueled by the Denver Nuggets, basketball was the main driver in August, attracting $38 million in bets. And baseball generated another $22.8 million in bets. With the Colorado Avalanche enjoying a playoff run of their own through August, hockey drew another $13.6 million in wagers.

With the Nuggets in the Western Conference Finals and the Denver Broncos season under way, Colorado’s monthly record will likely be short-lived.

“As impressive as August was, September will almost certainly be even better with the Nuggets and Broncos in play,” said Jessica Welman, analyst for PlayColorado.com. “With table tennis as the state’s top draw in the first few months, it was impossible to get a reliable read on Colorado’s market. We now know it’s a market that responds well to its home teams. After September, though, we will find out how much interest in sports betting is driven locally as the Nuggets season wanes and if the Broncos continue to struggle.”

Perhaps most surprising is Colorado’s push toward the nation’s fourth largest market, Indiana, which attracted $169 million in bets in August. The Hoosier State has a more mature market, a larger population than Colorado, and is boosted by relatively large markets — including Chicago, Cincinnati, and Louisville — just across its borders.

The Centennial State has its own advantages, though, including its ability to entice sportsbook operators with an attractive regulatory framework and heavy interest in Denver-area professional sports teams. Just recently, TheScore Bet and the first U.S. sportsbook from European bookmaker SportsBetting.com have launched in Colorado, with even more to follow.

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“Colorado started as a relatively open market for sportsbook operators and a well-conceived regulatory framework have made the state especially appealing,” Gouker said. “With multiple bookmakers who have never operated in the U.S. before, Colorado is beginning to look like no other market in the U.S.”


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EGT Digital won the “Best Aggregator 2025” prize from SiGMA Americas Awards

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EGT Digital won the “Best Aggregator 2025” prize from SiGMA Americas Awards

 

EGT Digital took the “Best Aggregator 2025” prize from this year’s SiGMA Americas Awards. At an official ceremony held on 7th April, the Bulgarian iGaming provider received the accolade in recognition of its visionary casino aggregation platform, which offers a vast library of over 13,000 gaming titles from more than 130 leading providers.

EGT Digital’s Gaming Aggregator is one of the 4 main modules of the company’s in-house developed “all-in-one” betting platform X-Nave, and can function both as part of the turnkey solution and independently. It stands out with a flexible front-end, allowing the use of iFrame and various widgets for custom casino website development. The easy API integration and numerous fast time-to-market capabilities guarantee quick access to a wide variety of games. In addition the Aggregator offers 24/7 support, as well as in-depth reporting and a comprehensive performance overview. Combined with numerous functionalities for content personalization and tools like the Buy Bonus and Hot and Cold games category, providing live RTP insights, these features enable operators to create offers, perfectly fitting their customers’ preferences and needs.

“We are honored to receive this prestigious award,” said Celina Guedes, Regional Director Brazil at EGT. “It is an expression of the high appreciation given to our team for their creativity and tireless efforts in enhancing player engagement and operator efficiency. We would like to thank our clients, partners, and friends who have once again shown us their invaluable support. This prize inspires us to continue to contribute to improving and enriching the gaming environment on a global scale through our highly advanced gaming solutions.”

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NOVOMATIC Argentina hosted a successful event with the ‘NOVOMATIC Experience’ during SAGSE 2025

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NOVOMATIC Argentina hosted a successful event with the ‘NOVOMATIC Experience’ during SAGSE 2025

 

Held in a private and sophisticated setting at the Rooftop in Puerto Madero, the NOVOMATIC Experience attracted a distinguished audience of 80 industry leaders, strategic partners, and customers. Guests enjoyed privileged access to the latest innovations, live demonstrations, strategic networking, and premium entertainment.

An outstanding showcase of NOVOMATIC’s excellence

The event provided a unique platform for the exploration of NOVOMATIC’s cutting-edge portfolio, featuring state-of-the-art cabinets, Linked Progressives, and advanced casino management systems. Attendees were impressed by the seamless integration of innovation and entertainment that provided a truly immersive experience.

The premiere of GLOBE LINK™ Xtension Volume 2 in the elegant V.I.P. Lounge™ Curve 1.43 drew lots of attention, as did the powerful ULTRA BOOST™ Link on the PANTHERA™ Curve 1.43. Additionally, the DIAMOND X™ 1.55J with NOVO LINE™ GOLDEN LINK™ Edition 2 and the BLACK EDITION II 3.27 with IMPERA LINK™ Series 2, as well as the engaging MONEY PARTY™ Edition 1, which was showcased in the versatile FUNMASTER 2.27 cabinet, further enhanced the presentation, offering a comprehensive showcase of NOVOMATIC’s gaming solutions.

Guests also enjoyed participating in an exciting live tournament, powered by NOVOMATIC’s acclaimed Casino Management System. The event provided the ideal atmosphere for building relationships, exchanging insights, and creating valuable business opportunities.

Positive feedback and regional commitment

Reflecting on the event’s success, Fabián Luis Grous, Managing Director of NOVOMATIC Argentina, expressed his satisfaction: “The NOVOMATIC Experience was an incredible success. We were delighted to welcome so many esteemed guests and present our latest innovations in such an exclusive environment. This event not only strengthened our relationships but also reaffirmed our commitment to the evolution of gaming in Latin America.”

The NOVOMATIC Experience has once again set new standards of exclusivity in the gaming industry. With overwhelmingly positive feedback from attendees, the event stands out as one of the highlights of SAGSE 2025 week, delivering innovation, networking, and entertainment of the highest quality.

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Accel Entertainment Names Scott Levin as Chief Legal Officer

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Accel Entertainment Names Scott Levin as Chief Legal Officer

 

Accel Entertainment, Inc. announced the appointment of Scott Levin as Chief Legal Officer and Secretary, effective immediately.

Levin brings more than three decades of experience as an executive and senior legal advisor for a variety of high-growth public and private companies and will support Accel’s continued expansion as not only the preferred gaming operations partner of bars, restaurants, convenience stores, and fraternal and veteran establishments across the country, but also a premier operator of brick-and-mortar retail stores and casinos. As Chief Legal Officer, Scott Levin will oversee all the Company’s legal affairs and report directly to Andy Rubenstein, Chief Executive Officer at Accel Entertainment.

“Scott brings a wealth of invaluable experience to Accel Entertainment across multiple legal disciplines, and we are excited to welcome him to our leadership team as we continue to expand into new markets and adjacent gaming verticals,” said Accel CEO Andy Rubenstein. “In the gaming industry, a strong legal function is essential for long-term growth, and Scott brings the key legal experience needed to help us further strengthen our best-in-class organization.”

Levin has held senior leadership positions with several public and private companies across various industries, including serving as CEO of FTD Companies, leading the company in pursuing strategic opportunities and developing a robust legal function, and as the first General Counsel for Morton’s Restaurant Group, a publicly held restaurant holding company, helping Morton’s expand its leading hospitality footprint internationally. Levin was most recently the Founder and Managing Director of Portco Advisors LLC, where he served as outside general counsel and executive advisor for growing companies undergoing periods of significant transformation. Prior to founding Portco Advisors, Levin also served as General Counsel for companies including Torex Retail, a provider of information technology systems for the retail, fuel and convenience stores, and pub markets in Europe, and several successful startups including Atlas Power Group, Coskata, eMac Digital, and OurHouse. Levin received his Juris Doctor with Honors from George Washington University and received his Bachelor of Arts degree from Boston College.

“I have been closely following Accel Entertainment’s sustained growth since becoming a public company, and I am thrilled to join the team at such an exciting stage of development,” said Scott Levin. “Accel’s commitment to excellence and determination to fuel growth through innovation is inspiring, and I look forward to working with the incredibly talented leadership team and everyone at the company to help advance Accel’s industry-leading position in the locals gaming sector.”

As a part of this announcement, Derek Harmer, current General Counsel and Chief Compliance Officer, will now serve as Accel’s first dedicated Chief Compliance Officer and will continue to report to Accel CEO Andy Rubenstein. Harmer will continue to leverage his decades of industry insights and experience to lead Accel’s national Compliance and Government Affairs functions, supporting the company in an increasingly complex regulatory and legislative environment.

“Derek has made a tremendous impact on our organization while leading the legal and compliance teams. His success in this dedicated national role will be a key driver in supporting the Company’s commitment to compliance and growth into new regulated markets,” said Accel CEO Andy Rubenstein.

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