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Gambling in the USA

XSOLLA RELEASES QUARTERLY ​ INSIGHTS REPORT ON THE FUTURE OF GAMING AND GAME DEVELOPMENT: A PRELIMINARY ANALYSIS OF SPRING 2024 METRICS AND UPCOMING TRENDS

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Key trends include the fast-growing mobile gaming segment, the impact of recent regulations, the integration of blockchain and AI, and the investments in equity and inclusion across the gaming industry.

Xsolla, a global video game commerce company, published the Spring 2024 edition of “The Xsolla Report: The State of Play” today. Launched on the heels of the Game Developers Conference (GDC) 2024, this extensive report provides invaluable insights into the emerging trends and pivotal shifts impacting the gaming industry in the short and long term. ​ It sets the stage to significantly shape the future of mobile gaming, deepen academic connections within the gaming ecosystem, and redefine investment patterns.

In an era where mobile gaming commanded a 49% share of the global market in 2023, this edition of “The State of Play” sheds light on the evolving landscape of mobile gaming. The report navigates through the advancements in global compliance and regulation, including the Digital Markets Act in Europe’s new player engagement strategies, offering a glimpse into the potential future of mobile gaming monetization and distribution. It discusses the impact of cross-platform play and the importance of innovative monetization models, providing actionable insights for developers and industry stakeholders.

“The State of Play” emphasizes the importance of academia in the growth and diversification of the gaming industry. It explores how educational programs and initiatives develop talent and promote diversity and inclusivity within the gaming community. This edition underlines the symbiotic relationship between the gaming industry and academic institutions, highlighting programs that significantly impact students and the industry.

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Berkley Egenes, Chief Marketing and Growth Officer at Xsolla, comments: “As we introduce the latest edition of ‘The State of Play,’ we’re not merely sharing industry insights but advocating for a transformative vision: Equal Access for Everyone. This initiative goes beyond our commitment to innovation and growth within the gaming industry. It’s about breaking down barriers to ensure that every developer, regardless of company size, has the opportunity to showcase their creativity and reach a global audience. Our focus is on providing platforms and tools that foster creative opportunities, international exposure, and the development of unique projects, ensuring that the future of gaming is accessible to all. We aim to empower every player and developer worldwide, ensuring the gaming landscape is as diverse and dynamic as its community.”

The report offers an in-depth analysis of the gaming industry’s current investment climate, including funding trends, mergers, and acquisitions. It outlines the shifts in investment patterns, from the heights of the pandemic-induced boom to a more measured approach in 2024. “The State of Play” provides a roadmap for navigating the industry’s financial aspects, offering insights into strategic investment opportunities and forecasting future trends.

Featuring expert commentary from industry voices like:

  • Mukul Aurora, Co-founder of Appsoleut Games;
  • Mariusz Gasiewski, CEO of Mobile Gaming and Apps Lead at Google;
  • Karla Reyes, Founder and Studio Director,

Anima Interactive, the Xsolla Report: The State of Play is now available for complimentary download. To secure your copy and gain invaluable insights into the gaming industry, visit our website.

 

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Gambling in the USA

Caesars’ Temporary Casino Generates $222M in Gaming Revenue Since Opening Last Year

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The temporary Caesars casino has generated $222 million in gaming revenue since opening last Year.

Meanwhile, construction continues on the permanent casino right next door.

Danville has received nearly $20 million of that as part of their agreement – $7 million more than expected.

“We figured it would be more, but we didn’t know it was gonna be this much more. That’s all great, actually, because it’s a temporary facility. It’s in a tent. They don’t have near the number of games that they would have in the full casino,” said Ken Larking, Danville City Manager.

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Larking says the money is going toward neighborhood parks, school improvements, economic development and more.

“We want to invest in what would grow our city including more businesses, more opportunities for jobs, better quality of life, better recreational amenities, better education, workforce development, those are the kinds of things that we’re investing in,” Larking added.

General Manager Chris Albrecht says the temporary casino sees around 100,000 visitors per month. He expects that number to grow substantially once the permanent casino opens.

“That’s really going to bring a lot more customers from further away when we have all the offerings from the hotel, the restaurants, the entertainment meeting space, the pool, and the spa. It’s going to drive visitation from even further and further away. So, we’re really excited to move next door here in the next few months,” Albrecht said.

Their current staff will also jump from about 400 people to around 1200.

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“Those jobs are number one and that incremental revenue to the city will help support existing businesses and hopefully new investment into this market as well,” Albrecht said.

They say the permanent casino is still on track to open by the end of the year.

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Gambling in the USA

Harrah’s Cherokee Valley River Opens Expanded Casino Floor, New Poker Room

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Harrah’s Cherokee Valley River has opened its casino floor addition, representing a significant milestone in a $275 million expansion project. Spanning 25,000 sq. ft., the extended casino floor features a curated selection of gaming options. Players can now try their luck at one of the 300 new slot machines or eight additional table games.

Further enhancing its gaming lineup, the expansion also introduces the highly requested World Series of Poker – Poker Room. With a lavish design and upscale ambience, poker enthusiasts and casual players alike can enjoy a range of cash games with favorites like Three Card Poker and Texas Hold’em. The poker room is open Sunday through Thursday from 10:00 am to 2:00 am and Friday and Saturday from 10:00 am to 4:00 am.

Additionally, guests can enjoy Harrah’s Cherokee Valley River’s new 22-seat casino bar located on the expanded floor. Offering nine of the latest bar-top video games, eight beer taps, bar seating and lounge seating, the casino bar is open daily from 9:00 am to 2:00 am.

“We are ecstatic to reach this milestone in our expansion process and unveil the expanded gaming floor, which represents the culmination of months of hard work and dedication both from our internal team members and general contractor, Robins & Morton. Every detail of the casino floor expansion was selected to ensure memorable experiences and we are confident that our new amenities and offerings will exceed our guests’ expectations,” Lumpy Lambert, General Manager of Harrah’s Cherokee Valley River Casino & Hotel, said.

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Gambling in the USA

IGT Wheel of Fortune and Online MegaJackpots Slots Award Three Million-Dollar-Plus Jackpots in April

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International Game Technology PLC announced that its Wheel of Fortune and MegaJackpots slots awarded a trio of million-dollar-plus jackpots in April.

Lucky slots players won the following million-dollar-plus jackpots last month:

  • On April 4, a Wheel of Fortune slots player won $1,794,169 playing Wheel of Fortune Double Diamond at the Nugget Casino Resort in Reno, Nev.
  • On April 11, a Wheel of Fortune slots player won $1,106,270 playing Wheel of Fortune Diamond Spins 2X Wilds at the Golden Nugget in Las Vegas, Nev.
  • On April 19, an online MegaJackpots slots player won $1,108,315 playing MegaJackpots JungleTower on FanDuel Casino in Michigan.
  • Wheel of Fortune slots have minted over 1100 millionaires and awarded over $3.5 billion in jackpots since their launch in 1996.
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GamingAmericas.com (part of HIPTHER) is your one-stop portal for the latest news, insights, and analyses in the gaming industry across the Americas. From legislative updates and market trends to interviews with industry leaders, we provide a comprehensive look at the dynamic landscape of both online and land-based gaming. Whether you're a stakeholder looking to stay ahead of the curve or a gaming enthusiast eager for reliable updates, GamingAmericas.com has got you covered. Follow us on social media and subscribe to our newsletter for real-time updates and exclusive content. Make informed decisions and stay ahead in the game with GamingAmericas.com.

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