Gambling in the USA
New Jersey Gambling Revenue Continues to Rise
New Jersey’s love affair with gambling shows no sign of abating. June’s numbers show a year-on-year increase, with over $400 million made from wagers made both online and at brick and mortar establishments.
The increase in New Jersey betting revenue has been seen across the board, with a 15% upturn coming overall, with internet gaming increasing by 9% when compared to June 2021 and shows that interest in betting continues to be on an upward trajectory.
With online casino activity starting to become a lot more expansive across the United States in recent years, with new states passing legislation to legalize online gambling of varying types every month or so, it’s worth noting that New Jersey has a much richer history in this field.
The state has some of the least restrictive laws when it comes to online casinos and sports betting, with the former being legal since 2013 and the latter back in 2018. There will have been some who might have been concerned by the fact that New York legalized the market in their state in January, and this could have had an impact on neighboring regions, but that hasn’t really come to pass as yet.
Things have been a little sluggish in terms of the sports betting area; with year-on-year revenue being significantly down, the overall revenue for gambling rose to $401 million for June 2022.
That represents a 2.2% increase in comparison to June 2021 and shows that the overall market is moving in the right direction as the knock-on effects of the pandemic start to ease.
$133m of the revenue came from online casinos operating in New Jersey, and in-person gambling across the nine Atlantic City casinos was particularly high and showed that more and more customers are flocking to their old haunts.
The year-to-date revenue for New Jersey stands at $2.43 billion, and that’s 15.2% up on 2021.
The success across Atlantic City’s in-person casinos might be checked by possible strike action that its casino workers are considering. Rodney Mills, a houseman at the Tropicana, a union steward, has commented on the reasons behind such action;
“Gas is up. Groceries are up. Everything, you name it,”
“It costs you way more than it used to, and the wages that we are currently making are not sustainable.”
That aside, the gaming industry is looking very healthy right now, and the ongoing success in New Jersey, coupled with the stellar numbers posted in New York, has led to speculation that other big states may well follow the Empire State in completing the legalization of casino and sports betting activity.
The big three, California, Texas, and Florida, are all in the process of passing such laws that would open up massive markets across the country.
Sports betting in California will appear on the ballot in November; in Florida, sports betting was temporarily legal in 2021, but this was later overturned by a federal judge, and Texas State Senator Carol Alvarado has been fighting for more than a decade to bring the matter of legal casino activity to the people and moves in that direction appear to be gathering momentum.
Gambling in the USA
Games Global Launches Custom Slot Game Caesars Palace Frenzy with Caesars Digital
Launch marks the first bespoke game launch in the partnership between gaming operator and premier gaming provider
Games Global today announced the exclusive launch of Caesars Palace Frenzy, a Caesars-branded slot title that marks the first bespoke game launch on behalf of Games Global’s partnership with premier gaming operator Caesars Digital. Caesars Palace Frenzy is now exclusively live on Caesars Palace Online Casino in New Jersey with plans to expand to Michigan and Pennsylvania, offering players another highly engaging, operator-specific gaming experience with iconic Caesars Palace branding.
Caesars Palace Frenzy combines the excitement of the Las Vegas Strip’s iconic casino with innovative gaming dynamics crafted by Games Global. Designed exclusively for Caesars Digital online casino players, this game delivers an online slot experience with engaging gameplay, sophisticated graphics and dynamic features like scatter pays, multiplied free spins selected by a concentric wheel and a seven-tier jackpot line-up.
This launch demonstrates Games Global’s continued emphasis on partnering with top iGaming operators to deliver exclusive and custom gaming products to players.
“Working closely with Caesars Digital to create Caesars Palace Frenzy has been an exciting journey,” the Chief Executive Officer for Games Global, Walter Bugno, said. “This game is more than just an online slot experience, it is an adventure that mirrors the thrill and grandeur of one of the world’s most iconic destinations. We’re thrilled to see it come to life and deliver a unique blend of entertainment and gaming.”
“We’re committed to collaborating with top gaming providers to launch custom online casino experiences for our players that can’t be found anywhere else,” the Senior Vice-President and Chief iGaming Officer for Caesars Digital, Matt Sunderland, said. “Caesars Palace Frenzy delivers on that commitment by providing an elevated gaming experience that we’re certain our players will enjoy.”
The Alabama-Coushatta Tribe of Texas has announced the plans to build a brand-new casino resort on its Tribal lands in Polk County.
“We are incredibly excited to embark on this new chapter. This new casino resort will not only provide significant economic benefits for those living and working in the region, but it will also become a vibrant destination for visitors,” Ricky Sylestine, Chairman of the Tribal Council, said.
While specific details are still being finalized, the new resort may offer a variety of amenities including a state-of-the-art casino floor, hotel accommodations, and diverse dining and entertainment options.
The Tribe has engaged the architectural firm FFKR to design the new resort. FFKR is known for its innovative and creative designs. The Tribe is confident the firm will create a truly exceptional destination.
In addition to the new casino resort, the Tribe is planning an extensive remodel to its existing Ischoopa/One Stop Convenience Store and Truck Stop. The remodel will include adding electronic bingo machines.
The Alabama-Coushatta Tribe of Texas will be releasing news related to the new resort and any additional developments in the coming months.
BetConstruct, a leading company in iGaming technology and services, is heading to Sigma Americas in Sao Paulo, Brazil from April 23-25, 2024.
Sigma Americas is a major event focusing on iGaming with 10,000 delegations and more than 200 professional speakers. This event serves as an exceptional platform for participants to present their innovative offerings, engage with fellow industry leaders, and establish new business relationships.
BetConstruct is poised to introduce its cutting-edge products and solutions to the growing Brazilian market at the upcoming event. As a premier provider of online iGaming solutions, the company will showcase its comprehensive range of services to all attendees, offering diverse solutions tailored to meet their specific needs and preferences.
Moreover, BetConstruct will demonstrate its newest Spettacolare offer by Mr. First, which is a fleeting opportunity to maximise user profits and explore the potential of FTN.
Attendees of the event can find BetConstruct in the Transamerica Expo Center at Stand O60, where they will have the opportunity to gain a comprehensive understanding of BetConstruct’s products and solutions.
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