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COLORADO SPORTS BETTING’S $25.6 MILLION DEBUT A GLIMPSE OF WHAT IS TO COME

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Debut of sports betting among the best ever even without major sports being played, according to PlayColorado analysts

Colorado’s first month of sports betting topped the debut month of most of the largest markets in the country, even without a major sport to bet on. But the state’s much-delayed first official data release on Monday — which confirmed that Colorado’s sportsbooks generated $946,741 in operator revenue on $25.6 million in bets in May — is merely a glimpse into the bright future for Colorado’s sports betting market, according to PlayColorado analysts.

“Considering the circumstances of its first month, Colorado debuted about as well as any market could,” said Dustin Gouker, lead analyst for PlayColorado.com. “Ultimately the revenue that was driven while sports were mostly dormant is less important than sportsbooks launching and engaging sports bettors so they’re ready when major sports resume. By that metric, Colorado’s launch was a success.”

Only Indiana, which attracted $35.2 million in bets when retail sportsbooks launched in September 2019, produced a larger handle in its first month of legal sports betting than Colorado. And the Centennial State compared well with other, more established betting markets during the same month. In fact, Indiana, the country’s fourth-largest sports betting market, accepted $37.3 million in wagers in May, while Oregon recorded far less than Colorado with $7.3 million.

Anecdotally, it is likely the two largest brands in U.S. legal sports betting — DraftKings DraftKings Sportsbook/Golden Gulch Casino and FanDuel Sportsbook/Golden Gates Casino — led the Colorado market in its first month. But the state did not release data on individual operators.

More brands are coming, too. SBK Sportsbook/Bronco Billy’s Casino and Sky Ute Sportsbook/Sky Ute Casino and Resort have already launched this month. And possibly dozens of online and mobile sportsbooks are expected to open in Colorado.

“One of the primary reasons why Colorado fared well in its first month is that the top brands were ready to go from the beginning,” Gouker said. “Having FanDuel and DraftKings, in addition to BetMGM and BetRivers, accepting bets on the first day of operation is unprecedented. It shows just how much confidence operators have in the future of the Colorado market.”

With Colorado’s 10% tax rate, the revenue generated in May injected $96,538 into state coffers. But PlayColorado projects that the state’s handle could eventually reach $6 billion a year or more, so tax revenues will undoubtedly grow.

Before that happens, the sports world needs to reopen. $7.9 million of Colorado’s bets were placed on sports categorized as “other” than football, basketball, baseball, or myriad other sports. Remarkably, table tennis generated $6.6 million in bets while bettors were limited in May mainly to golf’s The Match: Champions for Charity, four nights of UFC fights, NASCAR, Bundesliga soccer, and Korean baseball.

“The real test won’t likely come until August, when presumably baseball, the NBA, and the NHL are in play, and the NFL season gets closer,” Gouker said. “But sportsbooks are laying the groundwork for a quick start. And that will be important once sports do resume.”

Colorado is expected to release its data for June next week.

For more information and analysis on regulated sports betting in Colorado, visit PlayColorado.com/news.

 

About the PlayUSA.com Network:
The PlayUSA.com Network is a leading source for news, analysis, and research related to the market for regulated online gaming in the United States. With a presence in over a dozen states, PlayUSA.com and its state-focused branches (including PlayColorado.com, PlayIndiana.com, and PlayNJ.com) produce daily original reporting, publish in-depth research, and offer player advocacy tools related to the advancement of safe, licensed, and legal online gaming options for consumers. Based in Las Vegas, the PlayUSA Network is independently owned and operated, with no affiliations to any casino — commercial, tribal, online, or otherwise.

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United States Debut for Evolution’s Crazy Coin Flip and Super Sic Bo

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United States debut for Evolution’s Crazy Coin Flip, a unique slot game with live bonus round, and Super Sic Bo, a super-engaging live version of the ancient dice game

Evolution AB (Evolution) today announced the launch of its highly anticipated Crazy Coin Flip live slot and the coming soon launch of Super Sic Bo in the United States. Crazy Coin Flip is now streaming live to players in New Jersey from the company’s live casino studio in Atlantic City and Super Sic Bo will go live on December 7, streaming live to players in Pennsylvania and West Virginia.

Crazy Coin Flip combines the best of RNG slots and live casino into an exciting and memorable experience for the player. The game features three engaging and entertaining phases; a qualifying slot, an against-the-clock top-up slot and, finally, the live Coin Flip bonus round. This final live round offers all the excitement and suspense of a classic game show as multipliers are accumulated and the coin is flipped to determine whether the winning side is red or blue.

The Crazy Coin Flip launch marks the United States debut of this one-of-a-kind live slot, which has proven to be popular with online players from around the world.

In the hugely popular Super Sic Bo, just as in the original dice game, players bet on the outcome of a three standard-dice shake. To add an exciting twist, random multipliers of up to 1,000x are applied to a number of bet spots, giving the potential for large multiplied payouts.

“Evolution revolutionized the live casino market worldwide by creating the live game shows category with Dream Catcher in 2017 and following it up with many more innovative and entertaining game show titles over the years,” the North America Chief Executive Officer for Evolution, Jacob Claesson, said. “Crazy Coin Flip is a unique first; an innovative live slot game that builds in the live game show experience and we are so excited to bring it to our United States audience for the first time.

“What’s more, the addition of Super Sic Bo greatly enhances the diversity of our unrivalled product portfolio in the United States. The simplicity of the gameplay combined with the engaging use of multipliers creates an authentic game, appealing to a wide range of players.”

Crazy Coin Flip launched with multiple operators in New Jersey on December 4 and Super Sic Bo is due to launch in Pennsylvania and West Virginia on December 7. Both games are due to go live in additional states during 2024.

For trade press and media enquiries, please contact: Daniel Tweedie, Head of Marketing, at Press@ Evolution .com.

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eSports

The Game Awards 2023: The Rise of eSports from Start to Finish

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The rise of eSports

In the ever-evolving landscape of entertainment, few industries have witnessed a meteoric rise quite like eSports. What once started as a niche in the gaming world has now grown into a global sensation, captivating both amateur and professional players with its competitive events, life-changing cash prizes, and viewership figures in the hundreds of millions. Domain and hosting experts Fasthosts has compiled a brief overview of the rise of eSports, and competitive gaming throughout the years, and where the future may take the industry.

The Start of Competitive Gaming

eSports, at its core, revolves around competitive video gaming, and has experienced exponential growth over the past five decades. The earliest known gaming competition stems back to 1972, when Stanford University hosted a contest featuring the science fiction rocket game ‘Spacewar’. The event – orchestrated by sports reporter Stewart Brand – showcased the potential of video games as an “exhilarating spectator sport”, setting the stage for what was to come.

The Slow but Steady Rise

For several decades, the popularity of eSports experienced a gradual rise. In the pre-internet era, arcade tournaments provided the battleground for players, with magazines and record books recognising top players’ achievements. The 1990s marked a turning point as gaming tournaments began to gain traction, offering increasingly substantial prize pools. The technological advancements in video game consoles, and internet and PC gaming paved the way for a prosperous decade for the industry. At the end of the 90s we saw the internet cafe boom where young players would meet and play together in PC cafes, which was the start of the strong youth social gaming culture you see today.

The New Millennium

It was the early 2000s that witnessed the true birth of eSports as leagues and tournaments started to take shape around iconic titles like Counter-Strike, StarCraft, and Warcraft III. In 2001, the first World Cyber Games was held in Seoul. The tournament featured several popular games and attracted over 174,000 participants from 17 countries, making for an unexpected global success. In 2005, the CPL World Tour or Cyberathlete Professional League became the first event to have a prize pool offering over $1 million, demonstrating the start of life changing prizes that go hand in hand with competitive gaming.

Streaming Platforms: The Catalyst for Growth

From 2010 onwards, the world witnessed the revolutionary impact of online streaming platforms like Twitch.tv and Youtube Gaming, leading to skyrocketing eSports viewership figures. When Twitch launched, the ‘League of Legends’ world championship viewership figures went from 1.7 million in 2011 to 8.2 million in 2012, and to 32 million in 2013.

These streaming platforms connected fans worldwide, allowing them to tune into live events from home. The large viewing figures, advertising, and sponsorship opportunities led to investors starting their own teams, and household game developers creating leagues and tournaments. It became standard for eSports events to attract millions of viewers, and the landscape of competitive gaming had been transformed.

The Summit

In 2015, eSports reached a defining moment with The International 2015: Dota 2 Championships. The prize pool offered a staggering $18 million, breaking records and solidifying eSports’ place on the global stage. This marked a monumental shift, proving that tournaments could rival traditional sports events in terms of both prize money and profitability.

The New Decade: eSports Takes Centre Stage

As the calendar turned to the 2020s, eSports entered a new era. The decade began with some of the largest tournaments in history, attracting millions of spectators and providing the largest prize pools seen to date such as The 2021 International Dota 2 Championships which took place in Bucharest Romania, offering a $40,018,400.00 prize pool – the largest prize at the time.

By 2020, it had become increasingly common to see the term “professional eSports player” conceptualising the individuals dedicating their lives to competitive gaming, undergoing strict routines and training in the unique journey of becoming the world’s next best gaming athlete.

The Future

At present, the most-viewed tournaments are impressive spectacles in their own right, with titles like ‘Free Fire World Series’, ‘League of Legends’, and ‘Mobile Legends: Bang Bang’ drawing millions of viewers. Looking to the future, in August 2023, Saudi Arabian tournament organiser Gamers8 ran their ‘The Land of Heroes’ tournament with a colossal prize of $45 million dollars, a figure that we will see constantly being pushed higher in tournaments in following years. And according to BeyonGames.biz, the eSports market is estimated to grow at 21.81% between 2022 and 2027, with the size of the market expected to increase by $3,515.1 million.

The journey of competitive gaming from its humble beginnings to its current global standing is a testament to its enduring appeal and cultural impact. With its exhilarating competition and substantial rewards, eSports has become a true force in the entertainment world. As the industry continues to innovate and evolve, one thing remains clear: this isn’t just a passing trend. It’s a phenomenon that has permanently transformed the way we engage with and celebrate competitive gaming.

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Cryptocurrency

XTC Token’s Exclusive Private Sale – Unlocking the Future of Online Gaming and DeFi” Token Private Sale

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XTC, a trailblazer in the convergence of online gambling and decentralized exchange platforms, proudly announces the initiation of its private sale-ICO for the $XTC token. Launching on December 5, 2023, across prominent launchpads, the public sale marks a significant milestone in XTC’s journey towards redefining the online gaming and decentralized finance (DeFi) landscape.

The XTC Experience: XTC goes beyond the conventional online casino or decentralized exchange platform, offering users a dynamic ecosystem that seamlessly integrates social interaction, gambling, and decentralized exchange (DEX). The unique daily yield system sets XTC apart, allowing users to reap rewards based on the performance of the XTC Casino. As the casino flourishes, users stand to witness their earnings grow.

Emphasizing responsible gambling, XTC encourages users to stay within their means and comply with legal gambling age regulations in their jurisdiction. The platform is committed to providing a safe and enjoyable environment, with periodic updates to terms and conditions for fairness and security.

XTC Market Value: Positioned to tap into the substantial $59.2 billion global online betting sector, XTC Casino anticipates remarkable growth. With a vast user base and the increasing adoption of cryptocurrencies, XTC aligns with the projections of the global online gambling market reaching $145.6 billion by 2030, positioning itself as a player in one of the world’s fastest-growing industries.

Holding XTC: XTC token holders are more than just players; they are integral members of the community. Holding XTC provides access to an engaging social platform, offering preferred casino games while connecting with like-minded individuals. The daily yield system enhances the XTC experience, allowing users to earn rewards based on the casino’s performance.

Choosing XTC means participating in a vision where the online gambling industry evolves into a more transparent, secure, and community-driven space.

Why Choose XTC?

  • Decentralized: Easy token acquisition with just a few clicks, cultivating an additional source of income.
  • High Returns: Impressive Returns on Investment (ROI), an attractive choice for those seeking financial gains.
  • No Lock-up Period: Flexibility to choose preferred yield options with no mandatory lock-up period.

Why Now? In the current economic landscape of increasing inflation and market volatility, diversifying assets, including cryptocurrencies, can mitigate challenges. XTC presents an opportunity to safeguard and grow wealth in uncertain times.

XTC Ecosystem: Designed to thrive amid economic uncertainty, the XTC Ecosystem provides a decentralized platform to acquire XTC tokens and enjoy daily yields—a haven for wealth preservation and growth.

Advantages of XTC:

  • Limited Token Supply: Scarcity adds value to the 100 million XTC tokens.
  • Team Token: Locked for 1 year
  • Token Contract: Audited by SolidProof -Germany based company
  • Revenue Sharing: XTC token holders benefit from a portion of the platform’s revenue.
  • Provably Fair System: Casino games operate on a “provably fair system,” allowing players to verify the fairness of their spins.
  • Cash Back: Hold at least 1000 XTC tokens to get cash back in USDT
  • Automatic & Manual Burn: Tokens are burned automatically, reducing the total supply. Manual burns may occur as market conditions dictate.

ICO Presale Stages Dec 5-Dec 13, 2023:

  1. Stage 1 (First 48 Hours):
    • Token Price: 16,000 XTC per BNB
    • Limited Time Offer: Secure your stake with the initial stage offering maximum XTC tokens at an unbeatable rate! Act fast and be part of the groundbreaking revolution.
  1. Stage 2 (Next 48 Hours):
  • Token Price: 10,000 XTC per BNB
  • Opportunity Strikes Again: As the clock ticks, seize the opportunity to obtain XTC tokens at a reduced rate. The momentum is building—join the movement!
  1. Stage 3 (48 Hours):
  • Token Price: 6,666 XTC per BNB
  • The Power of Threes: In this stage, the magic number is 6,666 XTC per BNB. A perfect balance of value and opportunity. Don’t miss out—your gateway to the future awaits!
  1. Stage 4 (Final 48 Hours):
  • Token Price: 5,000 XTC per BNB
  • Grand Finale: The countdown begins for the grand finale! Secure your XTC tokens at the lowest rate of 5,000 XTC per BNB. It’s now or never—position yourself for unparalleled growth.

XTC Roadmap: Key milestones, from private sales and crypto gambling games to partnerships and protocol development, mark XTC’s journey. The platform evolves to meet community requirements and the dynamic landscape of online gambling and DEX industries.

Join the XTC Community: XTC is not merely building a platform; it’s cultivating a community. Join XTC to be part of the future of online gambling and decentralized exchange, where the world redefines the gaming and finance experience.

Follow XTC on social media for the latest updates:

  • Website: https://xtc.exchange/
  • Twitter: https://twitter.com/XTCOfficial
  • Telegram: https://t.me/xtcannouncement
  • Telegram Chat: https://t.me/xtcexchange
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