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Gambling in the USA

FanDuel Announces Initiatives and Donations to Support Responsible Gaming

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To promote the importance of safer play during Problem Gambling Awareness Month, FanDuel has announced a series of initiatives and donations to further support a culture of Responsible Gaming.

FanDuel will donate $100,000 to the National Council on Problem Gambling (NCPG) that will further support the NCPG’s Agility Grants program, in partnership with the NFL Foundation. This program provides funding to nonprofit organizations across the country for problem gambling prevention in areas that currently have no such services.

“FanDuel’s commitment to supporting a spectrum of services from problem gambling prevention to responsible gambling education is a reflection of their dedication to building a safe and sustainable gambling ecosystem. We are excited to continue to partner with FanDuel on our Agility Grants program, the first-ever national grants for problem gambling prevention. Together, we are taking an important step forward in mitigating gambling-related harm,” Keith Whyte, Executive Director of NCPG, said.

Additionally, FanDuel will expand its support of the International Center for Responsible Gaming (ICRG) to fund ground-breaking research designed to understand gambling behavior in the US. With this research, ICRG and FanDuel aim to enhance the industry’s tools to identify potential harm, mitigate risk, and improve responsible gambling programs.

“FanDuel’s substantial support plays a crucial role in promoting important research. We commend the company for its unwavering dedication towards advocating responsible gaming and increasing awareness about it,” Arthur Paikowsky, President of ICRG, said.

FanDuel also will expand efforts to raise responsible gaming awareness through its RG ambassador program. RG ambassador Craig Carton, host of “The Carton Show” on FS1 and “Carton and Roberts” on WFAN 101.9/660 AM radio in New York, recently kicked off a “Responsible Gaming College Tour” with stops at college campuses across the northeast to raise awareness and educate young adults around the risks of problem gambling. In March, the tour will continue with a stop at Sacred Heart University.

“March is an important month to highlight advocacy for responsible gaming. Whether it’s connecting with young adults about my story on campus or promoting safer play among sports fans on social media, I look forward to continuing to promote a culture of responsible gaming with FanDuel,” Carton said.

Seven-division boxing champion and FanDuel RG ambassador Amanda Serrano and Carton also will share video content on their respective social channels reminding sports fans of the importance of playing within limits and encouraging those choosing to wager on sporting events to use FanDuel’s “Play Well” tools including wager, deposit, and time limit technology, to help manage their play.

“As a FanDuel Responsible Gaming Ambassador, I’m proud to work with the team at FanDuel to promote education around responsible play. During Problem Gambling Awareness Month, it’s even more important to remind those who choose to wager of the tools and resources available to them to help stay in control of the way they play,” Serrano said.

FanDuel works closely with its professional league and team partners to promote responsible gaming to sports fans and applauds the efforts of those who are working to raise awareness of safer play this March. Building off FanDuel’s partnership with the NBA, at games this spring, FanDuel and team partners are sharing critical responsible gaming messaging and raising calls to action at arenas throughout the country, furthering the reach of efforts to promote RG education and tool usage, enabling fans stay in control of their play.

“Prioritizing responsible gambling efforts has been integral to our relationship with FanDuel from day one. Responsible gambling is a key pillar of our approach to legal sports betting and we are grateful that FanDuel shares that vision,” said Scott Kaufman-Ross, Senior Vice President, Head of Gaming & New Business Ventures, NBA.

Throughout the month, FanDuel will support the PGA TOUR’s newly launched campaign for Problem Gambling Awareness Month on FanDuel TV and through FanDuel social media channels.

“When the PGA TOUR made the decision five years ago to enter this space, we did it fully understanding that integrity programs and responsible gaming initiatives would lead the way. Because of that, we’ve developed deep relationships with operators such as FanDuel that also have that mindset and see responsible gaming as a shared priority and collective responsibility,” Scott Warfield, VP of Gaming for the PGA TOUR, said.

“This March marks the 20th anniversary of Problem Gambling Awareness Month, and we will once again use this as a moment to demonstrate how FanDuel aims to set the standard for what it means to be a responsible operator. Through collaboration with our valued partners, we can continue to raise Responsible Gaming awareness and encourage our customers to incorporate our Play Well tools into their experience,” Amy Howe, CEO of FanDuel Group, said.

Gambling in the USA

Pennsylvania Skill Congratulates Casinos on $504 Million in April Revenue

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Pennsylvania Skill, powered by Pace-O-Matic (POM), applauded the April revenue reports that show the gaming industry in the state made more than $504 million for the third time since April of last year. Pennsylvania gaming grossed nearly $1.7 billion in commercial revenue in just the first three months of 2024, second only to the casino capital of the United States, Nevada.

The funding comes from slot machines, table games, internet gaming, sports wagering, fantasy contests and video gaming terminals (VGTs).

As the Pennsylvania Gaming Control Board (PGCB) celebrates yet another big financial month, however, casinos continue to falsely claim their revenue is impacted by skill games.

“We want to know what the revenue number is that casinos need to hit, or the next record they need to break before they stop claiming skill games are competition,” said Mike Barley, chief public affairs officer for POM. “Every month, we read about their incredible revenue gains, and then the casino industry turns around and claims they are losing money because of skill games. Their arguments don’t pass the smell test.”

Instead of battling skill games, Barley said casinos should support legislation sponsored by Sen. Gene Yaw and Rep. Danilo Burgos that will regulate and tax skill games. There is bipartisan backing for the legislation that will place guardrails around skill game operations and provide as much as $250 million in skill game state tax revenue in just the first year. Gov. Josh Shapiro wants to see skill game tax revenue as part of his 2024-25 state budget.

Given the casino industry revenue gains so far this year, it is hard to understand why they are crying wolf. “It’s difficult to see how skill games are causing hardship for a billion-dollar industry,” Barley said, adding that there is room for both gambling and skill games in the Commonwealth. Since skill games entered the marketplace, gambling revenue has increased and broken records.

Several courts have ruled Pennsylvania Skill games are legal, including a unanimous Commonwealth Court last year. In addition to providing supplemental income to small businesses, many Pennsylvania Skill games are manufactured in Williamsport, and over 90 percent of the income they generate stays within the local economy and the state.

The baseless accusations, Barley explained, are an assault on small businesses, veterans groups, volunteer fire companies and other fraternal clubs across the state that count on legal skill games to make ends meet. Small business owners with skill games in their establishments are saying the revenue has saved their businesses.

Many of these locations rely on income from skill games to offer competitive wages and benefits to their employees, who are often heads of households supporting their families. This is what struggling families need right now, not another roadblock, Barley explained.

The proposed legislation limits the number of skill games per establishment to no more than five in LCB and lottery-licensed locations and up to ten at fraternal clubs.

Skill game distributors, operators and locations will be licensed and regulated through the Department of Revenue. The Pennsylvania State Police Bureau of Liquor Control & Enforcement and local law enforcement in counties of the first class would be responsible for policing the skill game industry, helping to crack down on illegal games encroaching on communities across the Commonwealth.

“Backing this legislation means speaking up for the little guy – volunteer fire companies, VFW posts, mom-and-pop shops, fraternal clubs, small businesses and their employees. I believe Pennsylvanians can sleep comfortably knowing that the big internationally owned casinos will continue to survive on their record profits.” Barley said.

 

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Gambling in the USA

Detroit Casinos Report $109.44M in April Revenue

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The three Detroit casinos reported $109.44 million in monthly aggregate revenue (AGR) for the month of April 2024, of which $107.87 million was generated from table games and slots, and $1.57 million from retail sports betting.

The April market shares were:

  • MGM, 46%
  • MotorCity, 30%
  • Hollywood Casino at Greektown, 24%

Monthly Table Games, Slot Revenue, and Taxes

The casinos’ revenue for table games and slots for the month of April 2024 decreased 1.6% when compared to the same month last year. April’s monthly revenue was 11.8% lower when compared to the previous month, March 2024. From Jan. 1 through April 30, the Detroit casinos’ table games and slots revenue decreased by 1.6% compared to the same period last year.

The casinos’ monthly gaming revenue results were mixed compared to April of last year:

  • MGM, down 0.7% to $49.86 million
  • MotorCity, down 4.5% to $32.68 million
  • Hollywood Casino at Greektown, up 0.6% to $25.33 million

In April 2024, the three Detroit casinos paid $8.74 million in gaming taxes to the State of Michigan. They paid $8.88 million for the same month last year. The casinos also reported submitting $12.8 million in wagering taxes and development agreement payments to the City of Detroit in April.

Monthly Retail Sports Betting Revenue and Taxes

The three Detroit casinos reported $15.28 million in total retail sports betting handle, and total gross receipts were $1.57 million for the month of April. Retail sports betting qualified adjusted gross receipts (QAGR) were up by $1.5 million in April when compared to the same month last year. Compared to March 2024, April QAGR was down by 1.7%.

April QAGR by casino was:

  • MGM: $475,492
  • MotorCity: $516,812
  • Hollywood Casino at Greektown: $578,131

During April, the casinos paid $59,362 in gaming taxes to the state and reported submitting $72,554 in wagering taxes to the City of Detroit based on their retail sports betting revenue.

Fantasy Contests

For March 2024, fantasy contest operators reported total adjusted revenues of $494,162 and paid taxes of $41,510.

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Gambling in the USA

CogniPlay Launches New Social Casino Platform

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CogniPlay has today announced the official launch of their new software product, which aims to provide a robust online sweepstakes or social gaming platform to their clients.The system is designed to be modular, allowing customers to tailor their brand and offering to what they believe will give them optimal performance.

The rise of sweepstake casinos in the US is continuing to gather pace and many companies from real money gaming are investigating the business model and the potentially lucrative revenue opportunity. With no standout platform solution currently on the market, CogniPlay looks to serve clients a full white label style solution with every detail taken care of. Brands like Chumba and Pulsz are already seeing tremendous success and CogniPlay gives an extremely efficient route to market for potential new sweepstake casino owners.

The CogniPlay system has several key integrations which help to deliver the product, including games integrations with the likes of Pragmatic Play, BetSoft, Mascot Gaming and many more, giving them 100s of games for their clients. There are other integration options for their customers to pick from too, including affiliate programme software, CRM platforms and associated products, KYC, ID verification, Geo-IP systems, Gamification, and customer support.

They also have a very long and extensive development pipeline which will see the product offering develop at pace, giving clients an extensive list of options and USPs, and of course giving players a great user experience as a result.

As well as the platform itself the CogniPlay team, due to their considerable experience, also offer a whole host of managed services, with almost a menu that clients can choose from to fill any gaps in their own skillsets or experience.

It is also this experience that CogniPlay hopes to utilise to great effect to provide industry-leading client management to build successful relationships and partnerships with their clients. CogniPlay’s Chief Executive Officer Allan Turner said, “We are very proud to take the CogniPlay product to market and are excited that people who want to start a new social or sweeps brand can get in touch with us to see what we can do for them, or in fact established brands that are unhappy with their existing provider.

Our underlying principles are that we want to provide the most flexible platform in the space, to enable our clients to create the product they want to have, not for us to dictate the product to them. The two other main areas of focus are that we want to be the most future-proof product on the market with plans for any regulatory or legal changes that may arise in the future, and that we have all the right safeguards in place to ensure that we look after both our clients and players with our responsible gaming setup.

This of course means having the right tech and processes in the key areas of KYC, Geo-IP tech, anti-money laundering, fraud, risk assessment and ID verification.”

 

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