Esports Entertainment Group Partners with Twin River Worldwide Holdings, Inc. to Launch Online Sports Betting in New Jersey

Home » Esports Entertainment Group Partners with Twin River Worldwide Holdings, Inc. to Launch Online Sports Betting in New Jersey
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Welcome to our weekly roundup of American gambling news again! It was again an eventful week in the USA, despite the still-active virus attack.

Here, we are going through the weekly highlights of the American gambling industry which include new partnerships, financial results and survey results. Read on and get updated.

New Partnership

Uconnect Esports, a US-based esports and gaming sponsorship company that links brands with esports and gaming organisations, signs a deal with esports organisation Cloud9 for promoting collegiate esports and gaming.

As per the deal, Cloud9 will launch a number of campaigns during this fall, such as online community events and experiences. The first of such campaign, Cloud9 LCS community events activation, will bring together 16 flagship collegiate esports and gaming communities across North America.

New Launchings

Ford Models, a modelling agency based in New York, has announced the launch of its new division dedicated to esports and gaming. Ford Models Esports and Gaming will represent talent within the gaming and esports industry alongside working with leagues and stakeholders to assist in the promotion of esports. Names on the initial list of talent include Cavs Legion NBA 2K League player Timothy “oLarry” Anselimo and esports caster Paul “Rabies” Santoro.

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ATS Sports Betting, Odds and Bet Tracker app is now available in iOS too. The app offers detailed matchup data with in-depth statistics for every game. The odds screen is updated live with the data from various sportsbooks that cover all the major US sports.

Financial Results

Three casinos in Maryland posted an overall year-on-year increase in revenue in the first full month of reopening following corona-induced lockdown. Live! Casino and Hotel registered $51.5 million in July, a rise of 4.5% from July 2019. Hollywood Casinos amassed $7 million, while Rocky Gap Casino collected $5.5 million.

Horseshoe Baltimore and Ocean Downs Casino generated revenues of $15.8 million and $7.76 million, respectively, as gross gaming revenue (GGR) in the state for July 2020 reached £139.9 million, which is a drop of 6.3% year-on-year.

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New Survey

Troy Wyatt, founder of Seattle Entertainment Group, has organised a survey among owners of Native American casinos to figure out how they are tackling the Covid-19 crisis. The participants included 457 tribal chairmen-women and over 230 CEOs of Native American casinos.

The survey shows that a majority of casinos (92%) have implemented the safety procedures for smooth re-opening. Only 6% of Native American casinos still remain closed. Nearly all (97%) said the $8 billion in COVID relief package is not sufficient. Only 3% of respondents are confident of regaining normal mode of functioning by the end of this year.

Compliance

Fandom Sports Media Corp has obtained Curacao Internet Gaming License for the Right of Use Offshore Games of Chance and Wagering through its subsidiary Fandom Esports Curacao N.V. The company will now be able to market, promote and offer their games of chance to all countries except USA, UK, France, Spain, Australia, Netherlands and certain other Dutch affiliated jurisdictions.

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