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Sports Betting Venture Circa Sports Launches in Illinois

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Sports betting venture Circa Sports has officially launched in the Illinois sports betting market. Marking the fourth and largest state for the brand from Las Vegas casino developer Derek Stevens, Circa Sports Illinois is now available via mobile betting app and has debuted a brick-and-mortar sportsbook within the new American Place in Waukegan in partnership with Full House Resorts Inc.

“The debut of Circa Sports Illinois is a tremendous moment for our company, and we are thrilled to have worked with this great state and Full House Resorts to bring the expansion to life. There’s nothing like a Midwest sports fan and we know our product matches up with what they are looking for in a betting experience,” Stevens said.

On October 4 at 2:30 pm, Chicago sports legend Brian Urlacher will join the Circa Sports team to celebrate the new book at American Place. This will include meet-and-greets with Urlacher along with him placing a sports bet.

Using the mobile Circa Sports app, bettors are now able to register, fund and wager on sports from anywhere in the state. Offering a new low-hold model for Illinois, Circa Sports offers some of the best odds in the country and is helmed by some of the industry’s top professionals. Limits are the same for every player, whether the bettor is a novice or a sharp.

The brand’s sports book in American Place features a dedicated wagering area with betting kiosks, physical ticket windows and digital boards with real-time odds. Bettors can catch all the sports action on 36 televisions, ranging from 60″ to 80″ screens. The book is located in the temporary casino Full House Resorts is operating while constructing the permanent American Place casino. Circa Sports also will launch a best-in-class retail sportsbook in the permanent American Place matching the quality and scale of the casino development.

Alex Stolyar, Chief Development Officer of Full House Resorts, said: “We are thrilled for Circa Sports to launch their best-in-class sportsbook in Illinois in partnership with our American Place Casino. The premium sportsbook gives new and existing casino customers throughout Chicagoland one more reason to visit and frequent American Place.”

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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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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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