Latest News
PocketFives.com Launches Innovative Poker Staking Platform with Exclusive Daniel Negreanu World Series Offers
PocketFives.com, the world’s leading online poker community, launches a custom-designed staking platform, allowing users to quickly and easily buy or sell action. PocketFives state-of-the-art software will link poker players and crowd-funding enthusiasts around the world.
Sellers will be able to create packages consisting of the poker tournaments they intend to play, while buyers can browse listings of the poker players seeking backers and make fully informed investment decisions.
To celebrate the launch, for a limited time during this year’s World Series of PokerⓇ, there will be no fees levied on users of the new platform.
“We’re delighted to welcome poker players and fans to take a look at PocketFives’ new staking platform, and of course try it out,” said Josh Arieh, Head of PocketFives. “You’ll find an easy-to-use interface with powerful features and, most importantly, you’ll be able to back your favorite players and experience a share of the ups-and-downs they encounter in the very biggest events on the planet.”
Among the first players exclusively selling on PocketFives is six-time WSOP bracelet winner Daniel Negreanu. The Poker Hall of Fame inductee has over $43M in career live earnings.
“Seeing PocketFives launch a poker staking platform is really exciting,” said Daniel Negreanu, Global Ambassador for leading online poker room GGPoker. “The community there includes some of the best players in the world. I can’t wait to see the great staking packages on offer and invest in a few; if anyone’s interested in my World Series action, you’ll see it there shortly!”
Moving forward, the PocketFives.com database of player results will be fully integrated with the new platform, allowing buyers to review results and playing history before making an investment.
For further details on the PocketFives.com Staking Platform, please visit: http://pocketfives.com/
Financial reports
Commercial Gaming Revenue Growth Continues in Q3 2024, Driving Industry’s 15th Consecutive Quarter of Growth
U.S. commercial gaming revenue reached $17.71 billion in Q3 2024, the industry’s highest-grossing Q3 on record, according to the American Gaming Association’s (AGA) Commercial Gaming Revenue Tracker. This makes Q3 2024 the industry’s 15th consecutive quarter of annual revenue growth, with September marking the 43rd straight month of rising year-over-year commercial gaming revenue.
Through the first nine months of the year, nationwide commercial gaming revenue stands at $53.24 billion, pacing 8.0 percent ahead of 2023 and putting the industry on track for a fourth straight record revenue year.
In Q3 2024, 29 of the 35 commercial gaming jurisdictions operational last year saw increased year-over-year revenue. This growth resulted in an 8.9 percent year-over-year increase in state and local taxes tied directly to gaming revenue, with commercial gaming operators contributing $3.79 billion in taxes across the quarter.
Quarterly revenue from land-based gaming – encompassing casino slots, table games and retail sports betting – totaled $12.56 billion, 0.62 percent lower than Q3 2023. Meanwhile, combined revenue from online sports betting and iGaming totaled $5.14 billion in Q3 2024 as online gaming made up 29.0 percent of commercial gaming revenue, a significantly higher share than in Q3 2023.
Looking at each sector in Q3 2024:
- Traditional Gaming: Traditional brick-and-mortar casino gaming generated quarterly revenue of $12.38 billion, a contraction of 0.9 percent year-over-year.
- Legal Sports Betting: Americans legally wagered $30.3 billion on sports, generating $3.24 billion in quarterly revenue (+42.4% YoY). Recent market launches in Kentucky, Maine, North Carolina and Vermont contributed to this growth.
- iGaming: iGaming generated $2.08 billion in revenue, marking a 30.3 percent year-over-year increase.
“Q3 2024 continued gaming’s momentum from the first half of the year, with online casino and sports betting driving strong growth. At the same time, new brick-and-mortar casino openings bolstered traditional gaming, which still accounts for the bulk of industry revenue,” said AGA Vice President of Research David Forman. “More than a quarter of commercial revenue now regularly comes from online sources, raising the importance of continued sustainable growth with consumers in those states.”
Latest News
Legendz Social Casino & Sportsbook Officially Launches in 43 States
Legendz Social Casino & Sportsbook announced its highly anticipated launch, offering players an unparalleled social gaming experience across 43 states in English and Spanish language. With a vast array of games, innovative features, and a player-first philosophy, Legendz is set to redefine the online social and sweepstakes gaming landscape.
Hundreds of Slot Games, Live Table Games, and a Full Sportsbook
Legendz delivers a comprehensive entertainment experience featuring hundreds of fan-favorite slot games and live table games from trusted providers. Sports enthusiasts will be able to make predictions on single teams, totals, player props, parlays, and more —covering over a thousand markets across multiple sports.
“With a full suite of slots, live casino, and sportsbook as well as some unique features that we’ll be rolling out over the next few months, we think our guests will find a social gaming experience they can’t get anywhere else,” said Henrik Persson Ekdahl, Co-founder of Legendz.com.
Play for Free, Redeem for Real Prizes
At Legendz, anyone over 18 can join the fun and play for free while having the chance to redeem winnings for real prizes. Players receive a free daily reward just for visiting the site each day.
“Legendz is introducing a groundbreaking approach to rewarding loyal users and retaining its players with its unique daily reward slot game. The game will offer a chance to win hundreds of free Sweeps Coins every single day. We’re transforming traditional rewards into an engaging experience, staying true to our core value: delivering entertainment at its finest,” said Managing Director Charlie McMaw.
Highest Return to Player on the Market
With a commitment to a generous, player-first approach, Legendz boasts the highest return to player available in the social gaming industry. Players can enjoy more value for their play ensuring an exciting and rewarding experience every time they use Legendz.
Latest News
BetConstruct to Participate at GAT Caribbean Cancún
BetConstruct has announced their participation at this year’s GAT Caribbean Cancún that takes place in Mexico from November 26-28.
Taking place at the Cancún International Center, the GAT Caribe Cancú is a prestigious event that gathers manufacturers, operators, and marketers to broaden the horizons of the online and land-based markets in Mexico, the Caribbean region, and Central America.
Exhibiting at stand A36, BetConstruct are set to showcase the company’s wide array of Land Based Solutions alongside comprehensive Sports Betting Solutions and Casino Suite. These offerings have the full capabilities and features that are essential for catering to the regional markets and open vast opportunities for both new and entrant operators.
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