Latest News
BetMGM Sportsbook Opens at The Banks
BetMGM, a leading sports betting and iGaming operator announced the new BetMGM Sportsbook at The Banks is officially open in downtown Cincinnati.
Relocating from its temporary Great American Ball Park location, the permanent BetMGM Sportsbook at The Banks is a state-of-the-art facility at the corner of Second Street and Joe Nuxhall Way in the area formerly occupied by Galla Park. The BetMGM Sportsbook features a 350-square-foot video wall in addition to 42 TVs becoming Cincinnati’s go-to destination to catch all the action in an electric gameday atmosphere.
“When we were putting together our plans for Ohio prior to our January launch, building the premier sports and entertainment venue at The Banks was an integral part of delivering the BetMGM experience in The Buckeye State. We are thrilled to see this vision become a reality marking our next big next step in growing our relationship with the city of Cincinnati and the Reds,” Matt Prevost, Chief Revenue Officer at BetMGM, said.
Open to patrons 21 and older, the sportsbook includes three in-person wagering windows, 14 self-service wagering kiosks, more than 200 seats, and an exclusive VIP lounge. The VIP Lounge at the BetMGM Sportsbook is designed to cater to sports enthusiasts seeking an unparalleled gaming and entertainment experience. Showcasing a private bar, state-of-the-art screens, and luxurious seating, the VIP section represents the fusion of high-end sports entertainment and culinary excellence.
BetMGM became the Official Sports Betting Partner of the Cincinnati Reds as part of a multi-year agreement announced last October in advance of Ohio’s launch of legalized sports betting on January 1, 2023.
“Moving the BetMGM Sportsbook to The Banks places this best-in-class operator into the heart of our city’s sports and entertainment district. The popularity of the BetMGM brand will help draw patrons to The Banks and add to the vibrancy of our downtown,” Doug Healy, CFO of Cincinnati Reds, said.
The opening of the BetMGM Sportsbook at The Banks marks Phase 1 of the space, with a full-service restaurant from Nation Kitchen & Bar set to debut later this year.
“We are thrilled about the addition of the BetMGM Sportsbook at The Banks. With the Bengals season starting and the Reds making a push to playoffs, The Banks continues to be the #1 entertainment destination in Cincinnati,” Tracy Schwegmann, Marketing Director/Property Manager for The Banks, said.
Gambling in the USA
Colorado Launches Illegal Gambling Awareness Campaign
The Colorado Division of Gambling has launched a new illegal gambling awareness campaign.
The “Play Legit. Gamble Only Where Legal.” campaign aims to educate the public about the risks associated with illegal gambling and the importance of supporting regulated gaming venues.
The campaign emphasizes legal gambling options, including casinos in Black Hawk, Central City, and Cripple Creek, as well as online sports betting and off-track betting.
“With many certified and legal gambling sites available, it’s never worth it to put yourself in danger. Together, let’s play by the rules and ensure that Colorado remains a safe and responsible gaming destination. By recognizing and preventing illegal gambling, we all win,” Chris Schroder, Director of the Colorado Division of Gaming, said.
In Colorado, gambling opportunities abound, but not all are legal. Illegal gambling operations not only fail to protect players but can also serve as a breeding ground for serious crimes, including fraud, human trafficking, drug trafficking, and burglary, posing a threat to public safety and community well-being. Participants in illegal gambling activities also compromise personal and financial information, putting individuals at risk of identity theft, unreliable payouts, and potential legal consequences, such as fines and imprisonment.
Latest News
White Hat Gaming strengthens executive team with Justin Psaila announced as new Chief Financial Officer
Appointment comes as White Hat Gaming continues its US expansion
Leading iGaming platform provider, White Hat Gaming, has appointed industry expert Justin Psaila as its new Chief Financial Officer as the company continues to grow its operations worldwide.
Psaila joins with nearly two decades’ worth of industry experience following eight years at Betsson Group and close to nine years in his former role as CFO at Gaming Innovation Group.
He will now oversee White Hat’s financial division to assist in the provider’s goal of enhancing its operations across the globe, in particular in the US, where it has made significant progress.
White Hat has already partnered with iGaming giants Bally’s and New Jersey-based lottery operator Jackpocket to supply its cutting-edge Player Account Management solution, while also bolstering its presence in Oklahoma through an agreement with the Choctaw Nation.
Phillip Gelvan, CEO, White Hat Gaming, said: “We are delighted to announce that Justin Psaila will be joining the White Hat Gaming team as CFO. Justin is well respected in the industry, and I have no doubt his appointment will strengthen our already impressive executive team.
“White Hat is consistently working to deliver on its global expansion goals, and Justin will be key in ensuring the company’s financial objectives are attained.”
Justin Psaila, CFO, White Hat Gaming, said: “I am very happy to be starting my new position as Group Chief Financial Officer at White Hat Gaming.
“I am joining a brilliant team and look forward to helping deliver on White Hat’s ambitious growth plans across the US and beyond.”
Latest News
CT Interactive’s Team Visited SIGMA Brazil 2024
CT Interactive’s LATAM team, led by Diego Verano Ponce and Ana Ruth FarĂas, attended SIGMA Brazil from April 23 to 25, 2024. The company’s decision to participate in the event underscores its commitment to expanding its presence and strengthening relationships within the region.
Diego Verano Ponce said: “Latin America is a key market for us, and we are excited to be part of events like SIGMA Brazil that allow us to connect with local operators and players. Our goal is to deliver cutting-edge gaming solutions tailored to the unique preferences of the Latin American audience and deepen our footprint in the region.”
The presence of Diego Verano and Ana Ruth FarĂas at SIGMA Brazil provided an excellent opportunity for CT Interactive to engage with industry stakeholders, discuss emerging trends, and explore potential partnerships in the Latin American market.
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