Arkansas anti-casino group banks sizable June donation
In the southern American state of Arkansas and a group advocating for a November constitutional referendum that could remove Pope County as the site for an envisioned casino resort has reportedly been receiving large donations.
According to a Tuesday report from the Arkansas Democrat-Gazette newspaper, the Fair Play for Arkansas 2022 organization banked some $1.2 million from the federally-recognized Choctaw Nation of Oklahoma in June before going on to spend a little over $946,900. This cash was purportedly used to fund a campaign that has so far collected signatures of support from more than 100,000 registered voters.
Inquisitive intent:
Fair Play for Arkansas 2022 is reportedly advocating for a question to be placed on the November 8 general elec…
Aristocrat Leisure Completes $1.2 Billion Acquisition of NeoGames
Aristocrat Leisure Limited, a leading entertainment and content creation company, has completed the $1.2 billion acquisition of famous iGaming and iLottery provider Neo Group Ltd, formerly known as NeoGames SA. According to the company’s press release, the $29.50 per-share acquisition was supported by the majority of NeoGames’ shareholders at the recent meeting to consider the transaction completed.
Acquisition Completed:
The process began in May 2023, when Aristocrat Leisure announced its intention to acquire NeoGames, a leading technology and platform supplier for online real money gaming (RMG) operations Come from Sports betting site VPbet . NeoGames also delivered significant value in the area of onli…
Atlantic City Casinos Recorded 4.6% Lower Operating Profit in 2022
Atlantic City’s nine casino resorts collectively had a 4.6% lower operating profit in 2022 than the previous year to testify to the long-lasting impact of the 2020 COVID-19 outbreak on the profitability of the gambling industry in the city, Associated Press reports.
The New Jersey Division of Gaming Enforcement released the profitability figures for the city’s nine casinos Monday showing the aggregated operating profit of the casinos settled at $ 731.2 million in 2022, which is 4.6% lower level than the earnings collectively made in 2021 by Atlantic City casino industry.
Eroding Profits:
Only two of the nine ca…
ASA Condemns Festival Free Bets’ Advertisement Featuring Under-25 Personality_1
The Advertising Standards Authority (ASA) has reproached Festival Free Bets for an advertisement seen on X (formerly Twitter) on 12 March 2024, featuring Astrid Wett, who was 23 at the time, at Cheltenham racecourse Come from Sports betting site VPbet . This ad raised concerns over adherence to UK gambling advertising regulations due to Wett’s age.
Unanswered concerns from Festival Free Bets:
Despite the ASA’s inquiries, Festival Free Bets failed to respond, prompting the ASA to express dismay at their lack of communication and apparent disregard for the Code. Consequently, the ASA concluded that Festival Free Bets violated Cap Code rule 1.7, which …
Aristocrat Leisure Limited reveals potential third Playtech suitor
Australian gaming machines innovator Aristocrat Leisure Limited has reportedly divulged that it may soon encounter even more competition to its planned takeover of British online casino games and software developer Playtech.
According to a report from GGRAsia, the Sydney-headquartered firm floated a proposition worth approximately $3.7 billion last month that would see it purchase all of the target’s outstanding shares at an individual price of around $9.10. The source detailed that such a merger would create an entity with a considerable stake in both the online and land-based gaming sectors and help Aristocrat Leisure Limited to secure long-term growth by becoming a major player in the lucrative European iGaming market.
Quick competition:
However, this eventuality …
Aristocrat Gaming and Dallas Cowboys Announce Multi-Year Partnership Featuring Extensive Branding and NFL-Themed Slot Games
Aristocrat Gaming and the Dallas Cowboys have announced a significant multi-year partnership, designating Aristocrat Gaming as an Official Partner of the Cowboys. This collaboration includes extensive branding opportunities throughout AT&T Stadium, featuring prominent signage year-round across various stadium areas, including in-stadium, concourse, and in-game branding. Additionally, the partnership will incorporate in-game promotions, digital integrations, and game-day activations.
Expansion of NFL-themed games:
This partnership builds upon Aristocrat Gaming’s recent multi-year slot licensing agreement with the National Football League (NFL). The agreement has enabled Aristocrat to introduce NFL-themed games nationwide, which have garnered substantial populari…
Barstool Sports Partners with DraftKings Minutes Upon Prohibition Clause Expiry
One of the most popular digital media platforms, Barstool Sports, announced a new long-term partnership with the sports betting giant DraftKings immediately after the Super Bowl. The deal reportedly announced less than an hour after the Kansas City Chiefs beat the San Francisco 49ers comes after the expiry of the prohibition clause from the company’s former sports betting agreement with Penn Entertainment set for the end of the 2023/24 NFL season.
Deal Announced Immediately After the Super Bowl:
The prohibition clause expiry therefore automatically made Barstool Sports eligible to enter the DraftKings deal. As Sportico reports, Barstool owner Dave Portnoy announced the partnership via social media saying: “We’re back to our roots. [DraftKings] is once again the exc…
Asmongold Calls Kick’s Overall Strategy Smart and On Point
However, Asmongold has had no beef with the way Kick is supposedly “reserving” slots and promoting gambling streams. Kick was launched as an alternative by a number of companies and investors who were unhappy with Twitch’s overreaching policy on gambling streams that prohibited specific websites to be advertised while at the same time failing to define what operators were allowed.
Asmongold Remains Pragmatic in Kick Debate Come from Sports betting site VPbet
The streamer, known mostly by his monicker, has said that there was no issue with what a Reddit post he read was suggesting –…
Atlantic City casinos post encouraging aggregated August gaming revenues
The nine casinos in Atlantic City reportedly saw their aggregated gross gaming revenues for August increase by 31% year-on-year to just over $427.6 million as they continued to recover from the turmoil of last year’s coronavirus pandemic.
According to a Thursday report from the Associated Press news service citing official information from the New Jersey Division of Gaming Enforcement regulator, this most recent tally was considerably higher than the $326.3 million recorded for August of 2020, which was the first full month of restored casino operations following a full coronavirus-related shutdown that had lasted 108 days.
Comprehensive climbs:
The new service reported that aggregated in-person gross gambling revenues for the casinos in Atlantic City rose by 32% yea…
Atlantic City casinos post disappointing second-quarter combined profit
The nine casinos in Atlantic City reportedly saw their combined second-quarter online and retail operating profit fall by almost one percent year-on-year to $183.6 million despite recording a comparative 14.1% rise in associated net revenues to $828.8 million.
According to a Monday report from the Associated Press news service citing official information from the New Jersey Division of Gaming Enforcement, the most recent profit figure was some 15% above the $159.3 million result chalked up for the same three-month period in pre-pandemic 2019 with associated revenues standing about 2.7% higher.
Comparative calamity:
However, the news service reported that that four of the casinos in the New Jersey seaside community saw their most recent individual second-quarter profits…