Newgioco Announces Q1 2020 Financial Results

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 study results. Read on and get updated.

Latest News

BetMakers Technology Group has announced that it has secured exclusive rights to a further seven Race Tracks in the US and Canada to manage and distribute their Fixed Odds betting in the US racing market. These tracks will be available for betting initially in the New Jersey market and available to operators that join the Global Racing Network within New Jersey, subject to regulatory approval.

Galaxy Gaming Inc. has announced the acquisition of Baccarat Fightback from Tiange Xu of the UNLV Centre for Gaming Innovation. This acquisition boosts Galaxy’s portfolio of Asian-style offerings and adds to the growing list of new, cross-platform content ideal for iGaming and traditional land-based venues.

Hawks Talon Gaming Club, the official NBA 2K League affiliate of the Atlanta Hawks, has lost in two games as part of a best-of-three series over 76ers GC, the official affiliate of the Philadelphia 76ers, in front of an international viewing audience. The results of each game were 67-85 and 48-67.

New Partnership

BtoBet and on-demand delivery company Rappi have partnered with Megared, BtoBet’s Colombian partner owning and operating the Megapuesta brand, in a landmark agreement that will widen the provision of sports entertainment to new ecommerce channels. Through this agreement, the first of its kind in the iGaming industry, BtoBet and Rappi, together with Megapuesta, will be offering an added sports entertainment value to the vast goods and services portfolio to all customers using the Rappi platform in Colombia.

New Offer

FanDuel is giving its customers free bets and $10 site credit to celebrate the return of sports. More than $80 million in site credits has been distributed to FanDuel customers to use for daily fantasy contests and legal sports bets as the NBA, NHL and MLB return to action after a long layoff.

Recruitment

Officials of the Live! Casino Pittsburgh at the Westmoreland Mall are going to start the procedures to fill more than 500 positions needed to open the $150 million facility. The casino, which is under construction in the former Bon-Ton store, will include 750 slot machines and 30 table games. Job seekers can apply for managerial and supervisory positions online at WorkatLive.com. The website will be updated as more jobs become available.

Layoffs

Bret Yunker, Chief Financial Officer of the newly combined Caesars Entertainment, has confirmed that the company plans to lay off staff after its merger with Eldorado Resorts. Eldorado Resorts got the green light for its acquisition of Caesar last week. The combined company is operating under the Caesar name.

Field Trial

Konami Gaming has announced that its SYNKROS casino management system has powered the launch of Marker Trax cashless casino slot markers at Ellis Island Casino, Hotel & Brewery. It is the gaming industry’s first field trial of cashless slot credit lines in the state of Nevada. The integration of Marker Trax with SYNRKOS enables Ellis Island Casino to seamlessly issue, record, manage and track the cashless credit lines, for optimal collections and Anti-Money Laundering compliance.

New Study

DraftKings Inc. has revealed the findings from its national consumer study of American sports fans. In the survey which includes more than 1000 self-identified American sports fans, DraftKings examined the perspectives and adaptations of modern fandom as a direct result of the novel coronavirus.

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