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BetRivers Launches its Online Sportsbook in Maryland

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Rush Street Interactive’s sportsbook BetRivers commenced its activities in Maryland on Monday. Bettors across the state were able to deposit funds and place bets during a controlled demonstration that took place on November 21 from 2 pm to 10 pm. BetRivers became fully live with online wagering activities on Wednesday, November 23.

“The much-anticipated launch of online and mobile sports betting in Maryland is here, and just in time for all the NFL and College football action over the Thanksgiving. We are thrilled to give Maryland’s NFL and college football fans an exciting sports betting experience to enjoy all the holiday action at the touch of their fingertips. In addition to football, BetRivers offers them endless entertainment with countless other sports and betting options available for their pleasure, including exciting single game parlays on the NBA and college basketball and bets on the World Cup,” Richard Schwartz, Chief Executive Officer of RSI, said.

To celebrate the arrival of the BetRivers Online and Mobile Sportsbook in Maryland, RSI is offering a first time deposit offer where bettors will get a second chance bet, up to $500, on their first bet if it loses.

The BetRivers sportsbook features thousands of betting options on all major professional and collegiate leagues, games, and players, including spreads, moneylines, props, futures, same game parlays, and more. The website and app offer integrated betting content and live streaming on a wide variety of sports, numerous deposit and withdrawal methods, automated pay-out approvals for over 80% of requests, and unique bonusing and rewards programs – including the industry’s fastest conversion of bonuses to cash.

“We focus on the player experience and encourage Marylanders to see for themselves why RSI and BetRivers have received numerous recognitions from the industry for the quality of our product and user experience. BetRivers offers an innovative yet simple website and app experience, with more and quicker ways to deposit and withdraw funds, all supported by best-in-class customer service that works hard every day to earn and retain player trust,” Schwartz added.

In August, BetRivers opened its retail sportsbook at Bingo World in Baltimore, which features a lounge area with 32 theater style seats, a generous bar with seating and high tops, 21 hi-def video screens that surround the space and air multiple events concurrently, streaming BetRivers odds boards and 12 sports wagering kiosks to place bets.

“We are grateful for our wonderful local partners at Bingo World and the trust of the Maryland Lottery and Gaming Control Agency, the Sports Wagering Application Review Commission, Governor Hogan and the General Assembly in allowing RSI to bring online sports wagering to Maryland on the first day its legal and for its professional and efficient support while we worked diligently to satisfy all launch requirements,” Schwartz concluded.

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Caesars Entertainment Closes Sale of the LINQ Promenade

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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.

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Latest News

The Stampede Continues with Aristocrat Interactive’s Buffalo Gold Max Power

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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.

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Compliance Updates

JCM Global Receives Approval to Operate in West Virginia

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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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