Latest News
betPARX Launches Mobile Sports Betting in Ohio
betPARX announced the launch of mobile sports betting in the state of Ohio via its partnership with the Memorial Tournament presented by Workday and the PGA TOUR. Sports fans in Ohio can download and wager via the betPARX sportsbook app for iOS, Android or on desktop.
“We are thrilled to align with betPARX and to provide sports fans throughout the State of Ohio the opportunity to download the betPARX app and start placing bets on all sports. betPARX, the Memorial and the PGA TOUR have worked within the guidelines set by the Ohio Casino Control Commission to provide a safe, secure and enjoyable betting platform. And the betPARX app will provide Memorial fans and patrons a new experience when the top players compete during the week of May 29th,” said Dan Sullivan, executive director of the Memorial Tournament presented by Workday.
For the second year in a row, betPARX is recognized as the exclusive mobile sports betting sponsor of the Memorial Tournament, which is hosted annually at Muirfield Village Golf Club in Dublin, Ohio, and will be conducted during the week of May 29–June 4, 2023. Once again, betPARX plans to offer branded fan experiences during the Memorial Tournament week at what has continued to be recognized as one of the leading tournaments on the PGA TOUR since its inception in 1976.
“betPARX is thrilled to announce its mobile sports betting debut in Ohio. betPARX is one of the leaders in mobile betting and iGaming in North America and leverages superb technology, products and best Ohio marketing promotions. We are excited to partner with the PGA TOUR and the Memorial Tournament to offer a fast, easy and fun experience for sports fans,” said Matthew Cullen, Senior Vice President of Sports for betPARX.
Last spring following the State of Ohio’s passage of sports wagering legislation, betPARX, one of the nation’s leading mobile sportsbook operators, was named an official betting operator of the PGA TOUR.
Latest News
Caesars Entertainment Closes Sale of the LINQ Promenade
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.
Latest News
The Stampede Continues with Aristocrat Interactive’s Buffalo Gold Max Power
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.
Compliance Updates
JCM Global Receives Approval to Operate in West Virginia
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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