Kambi Group plc forms US sports betting partnership with Churchill Downs Incorporated

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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 the latest news, new partnerships and financial results. Read on and get updated.

Latest News

Dragon Cash, the latest slot game of Aristocrat Technologies, has made its west coast debut exclusively at the San Manuel Casino in Highland. Dragon Cash is the latest game in Aristocrat’s award-winning Dragon Link franchise, offering mid and high denomination sets beginning with $0.05, $0.10 and $1.00 options. Available on the Arc Single and Helix+ cabinets, Dragon Cash provides a wide variety of bet structures and jackpot configurations for placements throughout the floor and in high limit areas.

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New partnerships

Pilot Games Inc has teamed up with the Minnesota Vikings, a professional American football team, to create the new and exciting Vikings Victory electronic pull tab game, available in over 1200 bars across the state, with huge bonuses available in the “Skol Bonus Game.” Pilot Games is the largest charitable gaming provider in the state of Minnesota and every time customers play the Vikings Victory game, local communities receive much needed donations.

GAN Limited, a global supplier of casino content based in London, has inked a deal with Laguna Development Corporation. As per the deal, GAN will supply its Simulated Gaming software to the Laguna’s Route 66 Casino property located in the outskirts of Albuquerque, New Mexico.

The Missouri Lottery has expanded its Pull-Tabs programme contract with Diamond Game, a subsidiary of Pollard Banknote Limited. The contract will now remain valid till September 30, 2023. The Missouri Lottery launched the Pull-Tabs programme in 2013 for bringing Lottery Pull-Tabs back to the market.

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Financial Results

Galaxy Gaming, a Nevada-based casino games manufacturer, has reported decreased revenues in the financial report for the second fiscal quarter ended June 30, 2020. Revenue slipped by 88% to $664,000 and adjusted EBITDA dropped by 159% to $1.42m as the casinos remain mostly shut owing to Covid-19 restrictions.

Compliance

The Buenos Aires City Government has unveiled a project that would allow the Casino de Puerto Madero to operate online sports betting. The project aims to boost the economic recovery of the City after a slowdown in the past five months, enabling the Government to collect $6.8m in taxes from the new vertical. The proposal says that the City should review the current sports betting regulation in the Argentinian capital, which was approved in February this year.

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Electronic Arts is facing a class-action lawsuit that argues the Ultimate Team mode in its sports games breaks gambling law. The lawsuit has been filed in the Northern District of California, and specifically cites the state’s gambling laws as proof that games such as FIFA and Madden should be governed by them. The plaintiff is one Kevin Ramirez who is calling for a jury trial and damages of $5 million.

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