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ClutchBet Appoints Joshua Auriemma as VP of Engineering

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ClutchBet has appointed Joshua Auriemma as its new Vice President of Engineering.

An industry-leader in building and scaling sportsbooks, Josh joins Clutchbet from Penn Interactive, the online subsidiary of Penn Entertainment. At Penn Interactive he served as VP, Head of Engineering, building the team that engineered the Barstool Sportsbook & Casino from a non-existent product to a top-of-the-line sportsbook & casino app currently live in 13 states. Josh grew Penn’s engineering department from a team of one to over 300 engineers across multiple disciplines.

At Penn, Josh oversaw all engineering teams related to the Barstool Sportsbook & Casino product as well as loyalty integrations with sportsbook retail kiosks in over 20 retail locations.

Prior to joining Penn to build its sportsbook products and division, Josh was a Senior Software Engineer at The Meet Group where he redesigned advertising libraries to allow for the integration of its advertising networks and third-party libraries into the company’s portfolio apps. He also worked for Warner Bros. Digital Labs where he led the DramaFever iOS vertical as well as working with Warner Bros. corporate to create digital libraries that were used for video streaming in its portfolio of direct-to-consumer streaming apps.

“Josh designed and built both the infrastructure and team behind one of the most recognizable sportsbooks in the US and to bring him and his expertise to ClutchBet as we expand in the States is incredible and a sign of how seriously we’re taking our US expansion. Josh knows how to build sportsbooks that appeal to US bettors and believes in the vision and strategy behind ClutchBet in the US,” Bill Richmond, CEO of BlueBet, said.

“ClutchBet is at the beginning of an exciting journey in the US and I am looking forward to being part of a growing and disruptive business. While still a new business in the States, ClutchBet has decades of knowhow in growing and running sportsbooks internationally and I’m looking forward to an exchange of ideas as we look to build something special and lasting in the US,” Joshua Auriemma said.

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Caesars Entertainment Closes Sale of the LINQ Promenade

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Caesars Entertainment announced the closing of the previously announced sale of the LINQ Promenade to a joint venture formed between TPG Real Estate (TPG) and the Investment Management Platform of Acadia Realty Trust (Acadia) for $275 million. Concurrent with the closing of the transaction, Caesars made a $275 million voluntary prepayment of the Term Loan B due 2030 with the proceeds from the transaction.

Latham & Watkins LLP and Brownstein Hyatt Farber and Schreck LLP represented Caesars on the transaction. Kirkland & Ellis LLP provided transaction counsel to TPG & Acadia.

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Latest News

The Stampede Continues with Aristocrat Interactive’s Buffalo Gold Max Power

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Aristocrat Interactive, Aristocrat’s online Real Money Gaming (RMG) division, announced that the stampede continues with the launch of Buffalo Gold Max Power in the US. This marks the fifth online game in the award-winning and iconic Buffalo portfolio, following the success of Buffalo, Buffalo Gold Collection, Buffalo Chief, and Buffalo Gold Revolution.

Buffalo Gold Max Power builds on the legacy and popularity of Buffalo Gold, a fan-favorite in land-based casinos. This online adaptation is born to entertain with new features powered by Aristocrat’s proprietary Max Power mechanic, offering players up to 46,656 ways to win free spins and collect Gold Buffalos. With dynamic reels that vary from 2 to 6 symbols on every spin and a redefined feature, Buffalo Gold Max Power is ready to create a stampede of excitement.

“For more than a decade, our iconic Buffalo games have captivated players as some of the most iconic slot games in land-based casinos. With Buffalo Gold Max Power, we’re bringing this timeless favorite online with enhanced gameplay and features that players will love. The launch in New Jersey is an exciting milestone as we continue to deliver innovative and memorable gaming experiences globally,” said Josh Morris, SVP Content at Aristocrat Interactive Content & Aggregation.

Earlier this year, Buffalo was awarded the winner of the Top Performing Omni-Channel Slot at the EKG Awards. The launch of Buffalo Gold Max Power is the latest step in Aristocrat Interactive’s strategy to expand Aristocrat’s industry-leading content portfolio into the online space. The game is currently available with online operators in New Jersey, Ontario, Canada and the UK, with more markets to follow overtime.

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Compliance Updates

JCM Global Receives Approval to Operate in West Virginia

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JCM Global announced that it has successfully passed regulatory review and received a manufacturer’s license from the West Virginia Lottery Commission. The license enables JCM to directly sell to and service customers in the state.

“At JCM, we are committed to our customers. While attaining licensing was not required, we pursued it because it allows us to directly provide JCM’s leading technology and advanced systems, backed by our world-class service, and support, resulting in faster service times and simplifying the entire relationship between JCM and our customers,” said JCM SVP – Sales, Marketing & Operations Dave Kubajak in a statement.

JCM recently announced it has attained licenses in Colorado and New Mexico, bringing the company’s total number of active gaming licenses to 177.

In West Virginia, JCM will provide technology, including the iVIZION bill validator; ICB Intelligent Cash Box System, which boosts security and efficiencies across the gaming floor; and the GEN5 thermal printer, which delivers TITO, personalized promotions, and rewards directly to the player.

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