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TENNESSEE SHATTERS WAGERING RECORD AGAIN WITH $375 MILLION OCTOBER Busy schedule that included five weekends of football ‘rocket fuel’ for sportsbooks, according to PlayTenn analysts

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Formation of Coalition for Responsible Sports Betting Advertising Announced

 

Tennessee sportsbooks obliterated the state record for monthly wagering with $375 million in bets in October, $120 million more than the previous high set in September. October’s surge is a product of an unusually robust sports calendar and bettors’ increasing comfort with sports betting, according to PlayTenn, which tracks the Tennessee gaming market.

“With five full weekends of the NFL and college football, baseball’s postseason, and the start of the NBA season, betting inventory was off the charts,” said Alec Cunningham, an analyst for PlayTenn.com. “The calendar won’t always be so cooperative, but a maturing market will continue to push Tennessee’s industry.”

Sportsbooks accepted $375.3 million in bets in October, up 45.9% from the record $257.3 million handle generated in September, according to data released Tuesday during a meeting of the Tennessee Education Lottery and Sports Wagering Advisory Council. Bettors placed $12.1 million in wagers per day over the 31 days of October, up from $8.6 million per day over the 30 days of September.

Gross revenue fell 9.0% to $23.3 million from September’s record of $25.6 million, but that still represented the second-most profitable month for sportsbooks. The win led to a record $17.2 million in taxable revenue, which yielded $3.4 million in tax revenue.

October’s results pushed the state’s lifetime handle to $2.3 billion since the first sportsbooks launched in November 2020, making the Volunteer State the fifth-fastest to the $2 billion milestone.

“The enthusiasm for football in Tennessee has been a sort of rocket fuel for the state’s industry,” said Eric Ramsey, an analyst for the PlayUSA.com Network, which includes PlayTenn.com. “Tennessee is proof that if demand is high and sportsbooks put out a good product, the market will succeed regardless of sometimes clumsy regulation.”

Sportsbooks should see plenty of action over the next two months, even without five weekends of football like October offered.

“Tennessee is one of the few states with at least one NFL, NBA, and NHL team and multiple Division I football and basketball programs, all of which will be playing full schedules in November,” Cunningham said. “More records will almost certainly fall before the end of the year.”

Gambling in the USA

Playstar Casino partners with Fast Track to accelerate growth in US market

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Fast Track, the leading provider of player engagement solutions to the online gaming industry, is proud to announce its latest partnership with Playstar Casino, a leading online casino licensed and operating exclusively in the Garden State of New Jersey.

 

Fast Track, the leading provider of player engagement solutions to the online gaming industry, is proud to announce its latest partnership with Playstar Casino, a leading online casino licensed and operating exclusively in the Garden State of New Jersey.

Playstar Casino is renowned for its relentless focus and passion for providing the best player experiences in the market. Understanding this need as core to future success, Playstar sought a partner capable of delivering unparalleled solutions to enhance player engagement through AI-powered customer journeys and build 1:1 experiences at scale for each player and found Fast Track.

Using advanced AI, machine learning and real-time data insights, Fast Track provides the ideal solution to streamline operations and amplify player engagement, enabling Playstar to execute its strategy at scale and increase productivity.

Jon Bowden, Chief Marketing Officer of Playstar Casino, expressed his confidence in their choice, stating, “At Playstar, the player experience is paramount. Fast Track was the obvious choice for us due to their commitment to supporting our growth goals. We’re keen to automate the bulk of our strategy and work with the most advanced technology for personalization and modeling.

Jean-Luc Ferrière, Managing Director Americas at Fast Track, echoed this sentiment, remarking, “It’s always exciting for us to partner with an operator so dedicated to offering an unparalleled player experience. The team is very keen to start collaborating with Playstar to help them achieve and exceed their business objectives.”

The partnership between Fast Track and Playstar Casino marks an exciting chapter for both organizations as they work together to elevate player experiences and drive sustainable growth in the US online gaming market.

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Gambling in the USA

Boldplay™ to make U.S. debut after signing exclusive partnership deal with BetMGM

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The new partnership will see Boldplay’s extensive collection of innovative video slots, table games, virtual scratch and keno titles become available to customers in the U.S. market for the very first time, enabling countless players to experience the brand’s signature range of bonus features and jackpots.

 

Boldplay™, the casino software supplier, has announced its much-anticipated U.S. debut after teaming up with BetMGM, a leading iGaming and sports betting operator, and providing its first set of games Cyborg City, Toro Bravo™, and Gold Metal Ox™.

The new partnership will see Boldplay’s extensive collection of innovative video slots, table games, virtual scratch and keno titles become available to customers in the U.S. market for the very first time, enabling countless players to experience the brand’s signature range of bonus features and jackpots.

Notable highlights to come out of the studio include Boldplay Spins™ – a unique twist on Free Spins that sees the reels spin both vertically and horizontally to create more winning pay lines – and the brand’s flagship jackpot, the Boldplay Superpot™, which gives players of all bankroll levels a chance to win big.

The exclusive nature of the deal will also see BetMGM gain a significant market advantage in the U.S., where it will initially be the only platform able to offer Boldplay™ games. Given these titles have already garnered plenty of critical acclaim from players and operators across Europe, their presence at BetMGM will be a huge draw and will help the platform further enhance its standing in the industry.

This latest collaboration represents another significant step in Boldplay’s evolution from up-and-coming studio to one of the industry’s most sought-after software providers and will allow the brand to extend its reach into new regulated markets – a move CEO, Valli Fragoso, is clearly optimistic about.

“Boldplay™ is thrilled to announce that we’re teaming up with BetMGM in an exclusive partnership that will see our games be made available in the U.S. for the very first time,” she said. “By joining forces with such a prestigious operator, we’ll be able to raise the profile of our brand in the country as we continue to expand and we’re looking forward to what should be a hugely successful collaboration.”

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Gambling in the USA

Thunderkick enters social casino space with High 5 Casino deal

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Partnership marks the provider’s first foray into sweepstakes and the US market

 

Partnership marks the provider’s first foray into sweepstakes and the US market

Independent slots studio Thunderkick has announced its entry into the US market and social casino space through an exciting new partnership with High 5 Casino.

This collaboration will see the provider’s highly acclaimed games integrated into High 5 Casino, a free-to-play social casino gaming platform, signalling the provider’s first venture into sweepstakes.

As part of the agreement, Thunderkick will provide its popular titles, including both Pink Elephants and Sword of Khan, to High 5 Casino’s players across more than 40 states in the US.

Founded in 1995, High 5 Casino is one of the industry’s largest independent casino brands, with operations in the land-based, online, and social markets across six continents and in more than 150 countries.

This partnership, facilitated by Thunderkick’s existing relationship with Relax Gaming, represents the provider’s first move into the burgeoning US market. High 5 Casino is the first customer to benefit from this collaboration, with more brands expected to follow in the coming months.

Svante Sahlström, CCO at Thunderkick, said: “Entering the sweepstakes market and partnering with High 5 Casino is a significant milestone for Thunderkick. We are excited to introduce our games to US players for the first time and to explore the potential of this market segment.

“This collaboration allows us to showcase our innovative content to a wider audience and deliver an engaging gaming experience that closely resembles real money gambling. We are confident that our partnership with High 5 Casino will be a successful one, and we look forward to working with them to bring our games to players across the United States.”

Jerry Wilson, VP of Creative at High 5 Games, added: “Thunderkick’s games have proven to be very popular in Europe and we are excited about helping them launch, not only in the US for the first time, but with social players too.

“We’re sure our players will take to these titles, and they will become fan favourites in no time at all. We’re delighted about the launch of our new partnership.”

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