Gambling in the USA
BetMGM Announces Agreement with Sony Pictures Television, IGT to Launch Online Wheel of Fortune Casino
BetMGM has announced an agreement with Sony Pictures Television and International Game Technology (IGT) to launch Wheel of Fortune Casino, set to become the first full brand-led online casino in North America. Wheel of Fortune, an iconic American gameshow, is preparing for its milestone 40th season. More than 250 versions of Wheel of Fortune slot games have been introduced over the last 25 years and this online launch of Wheel of Fortune Casino will represent the latest gaming extension for the brand.
âWheel of Fortune is watched nightly by millions of people and BetMGM is honored to partner with Sony Pictures Television and IGT to bring this online casino experience to life. Once live, Wheel of Fortune Casino will offer players the excitement of their favorite gameshow and real money wagering in the palm of their hand,â Matt Prevost, Chief Revenue Officer at BetMGM, said.
âWe are delighted to be partnering with BetMGM for the launch of Wheel of Fortuneâs very first online casino. With Wheel of Fortune celebrating its 40th season this year, we are pleased to continue offering players additional, new ways to play the games they know and love,â Suzanne Prete, Executive Vice President of Game Shows at Sony Pictures Television, said.
Launching first in New Jersey, Wheel of Fortune Casino will house Americaâs Game-branded slot titles produced by global gaming leader IGT, along with many other themed games and features.
âWeâre excited to celebrate the evolution of the IGT Wheel of Fortune slot brand with BetMGM and Sony Pictures Television through the launch of Wheel of Fortune Casino. The Wheel of Fortune brand has been synonymous with slot gaming for more than 25 years, and this unprecedented brand-led online casino, driven by BetMGMâs compelling platform and promotional capabilities, is well-positioned to engage and entertain new and long-time players. As part of our ongoing PlayDigital strategy, we will continue to look for new and exciting ways to leverage our third party and home-grown brands with our operating partners,â Enrico Drago, CEO of Digital & Betting for IGT, said.
Gambling in the USA
Detroit Casinos Report $123.86M in March Revenue
The three Detroit casinos reported $123.86 million in monthly aggregate revenue (AGR) for the month of March 2024, of which $122.26 million was generated from table games and slots, and $1.6 million from retail sports betting.
The March market shares were:
- MGM, 46%
- MotorCity, 31%
- Hollywood Casino at Greektown, 23%
Monthly Table Games, Slot Revenue, and Taxes
March 2024 table games and slot revenue increased 3.8% when compared to March 2023 revenue. Marchâs monthly revenue was 16.7% higher than February 2024. From Jan. 1 through March 31, the Detroit casinosâ table games and slots revenue decreased by 1.6% compared to the same period last year.
The casinosâ monthly gaming revenue results were mixed compared to March 2023:
- MGM, up 4.1% to $56.65 million
- MotorCity, up 7.2% to $38.35 million
- Hollywood Casino at Greektown, down 1.4% to $27.26 million
In March 2024, the three Detroit casinos paid $9.9 million in gaming taxes to the State of Michigan. They paid $9.5 million for the same month last year. The casinos also reported submitting $14.5 million in wagering taxes and development agreement payments to the City of Detroit in March.
Monthly Retail Sports Betting Revenue and Taxes
The three Detroit casinos reported $17.25 million in total retail sports betting handle, and total gross receipts were $1.61 million for the month of March. Retail sports betting qualified adjusted gross receipts (QAGR) in March were up by 13.2% when compared to the same month last year. Compared to February 2024, March QAGR was up by $1.7 million.
March QAGR by casino was:
- MGM: $327,857
- MotorCity: $538,988
- Hollywood Casino at Greektown: $731,389
During March, the casinos paid $60,413 in gaming taxes to the state and reported submitting $73,838 in wagering taxes to the City of Detroit based on their retail sports betting revenue.
Fantasy Contests
For February 2024, fantasy contest operators reported total adjusted revenues of $405,342 and paid taxes of $34,049.
Gambling in the USA
IGT Wheel of Fortune and Powerbucks Slots Award Monumental Million-Dollar-Plus Jackpots in March
International Game Technology PLC (IGT) announced that its Wheel of Fortune and Powerbucks slots awarded four life-changing jackpots totaling more than $5 million in March.
Lucky slots players won the following million-dollar-plus jackpots last month:
- On March 8, a Wheel of Fortune slots player won $1,254,996 playing Wheel of Fortune Triple Gold Gold Spin at Beau Rivage Resort & Casino in Biloxi, Miss.
- On March 12, a Wheel of Fortune slots player won $1,635,694 playing Wheel of Fortune Triple Gold Gold Spin Megatower at The Venetian Resort Las Vegas in Nevada.
- On March 22, a Powerbucks slots player won CA$1,485,994 playing Wheel of Fortune Lucky Coins On Stage at Chances Casino Kelowna in British Columbia, Canada.
- On March 30, a Wheel of Fortune slots player won $1,172,262 playing Wheel of Fortune Gold Spin Triple Red Hot 7s at the California Hotel & Casino in Las Vegas, Nev.
IGT Powerbucks slots have paid 56 jackpots of $1 million or more since their Canadian debut in 2016. Wheel of Fortune slots have minted over 1100 millionaires and awarded over $3.5 billion in jackpots since their launch in 1996.
Gambling in the USA
Playân GO Announces Expansion of Rush Street Interactive Partnership with Pennsylvania Launch on BetRivers PlatformÂ
Swedish gaming giantsâ games now live with leading operator Rush Street Interactive Incorporated in Michigan, West Virginia, New Jersey and âThe Keystone Stateâ
Playân GO, the worldâs leading casino entertainment provider, has today announced further expansion of its partnership with leading United States operator Rush Street Interactive Incorporated (NYSE: RSI) (RSI), which operates the BetRivers platform. The Swedish gaming giantâs content is now available with BetRivers in Pennsylvania.
Playân GO has already had great success with RSI via the BetRivers brand in Michigan, New Jersey and West Virginia and this expansion sees the partnership extend to a fourth United States state. This announcement follows Playân GOâs procurement of a Pennsylvania license in March and will see BetRivers players in Pennsylvania gain access to some classic titles from the Playân GO catalogue including Reactoonz and Boat Bonanza.
Playân GO is now licensed in six United States states and is aiming to be active in every regulated market in the United States and around the world.
âWeâre excited to expand our United States offering into the great state of Pennsylvania and are proud to do so with the innovative and well-respected team at BetRivers, with whom weâve already enjoyed such great success in recent months,â the North America Commercial Director for Playân GO, Magnus Natt och Dag, said. âPlayân GO is committed to a safe, sustainable entertainment-led industry and we know that the team at BetRivers shares that same vision.â
âWeâre very happy to be expanding our partnership with Playân Go into Pennsylvania on our BetRivers platform,â the Chief Executive Officer for RSI, Richard Schwartz, said. âPlayân Go has an impressive portfolio of popular titles and we are thrilled to offer our BetRivers PA players its innovative and top-quality games.â
To find out more about working with Playân GO in the United States and other regulated markets, please visit PlaynGO. com.
-
Interviews7 days ago
Counting Down: A Roundtable Preview of Brazil’s iGaming Era
-
Gambling in the USA5 days ago
Playân GO Announces Expansion of Rush Street Interactive Partnership with Pennsylvania Launch on BetRivers PlatformÂ
-
Gambling in the USA5 days ago
BMM Testlabs Receives Official Accreditation to Test and Certify Payment Solutions for the Payment Card Industry Data Security Standard (PCI-DSS)
-
Latest News5 days ago
Popular slot and live casino developer put pen to paper on a long-term deal with Mexican casino operator PlayUZU.
-
Gambling in the USA7 days ago
CDI Opens Terre Haute Casino Resort in Terre Haute, Indiana
-
Latest News6 days ago
Optimove announcement: Strategic Partnership with DataDots to Accelerate Data Integration for Marketing Success
-
Latest News5 days ago
Playtikaâs Solitaire Grand Harvest Teams Up with Dr. Philâs New Merit Street Media TV Network to Inspire Viewers Through Play
-
Latest News6 days ago
JACK Entertainment Selects Konami Gaming as its Exclusive Casino Management System Partner