Reading Time: 2 minutes
We are back with our weekly update of American gambling news! We will be reviewing the highlights of the American gambling sector, including the latest news, new partnerships and more. Keep up to date by reading on.
Latest News
VIP Entertainment Technologies has announced that they have been awarded a Kahnawake Gaming Commission Remote Gaming License to operate in Canada. VIP Entertainment Technologies is now able to provide its iGaming service in Canada, excluding Ontario, after receiving the KGC Remote Gaming License.
Fanatics has announced that Parag Agrawal will be the Chief Information Officer for Fanatics Holdings Inc. Agrawal, in this newly created position, will lead Fanatics’ internal digital system transformation. This includes accounting, financial planning, and analysis, and human resources. He will also create a dedicated infrastructure for Fanatics’ corporate entity and work with businesses to enhance global IT capabilities throughout the Fanatics’ enterprise.
Continent8 Technologies, a global leader in managed hosting, connectivity and cloud security, has launched its latest state, North Carolina. North Carolina will open its doors for legal online sports betting in early 2024.
The Brazilian government issued a proviso to allow sports betting, and tax the revenues of companies by 18%. The decision comes after a massive investigation into match-fixing that has ensnared scores of players.
Game of Silks is the first metaverse to mirror the real world of thoroughbred racing. It has now added Ron Luniewski as a sports and gaming veteran, with a track record of growth and success. Luniewski comes from the gaming industry where he built a reputation for building companies, using emerging technology to drive hyper-growth and successfully lead them through massive expansion.
VICI Properties Inc. Golden Entertainment Inc. announced that the previously announced deal to purchase an interest in land and buildings at Rocky Gap Casino Resort in Flintstone Maryland has been completed. The total cash price was approximately $203.9 Million. The transaction was funded by a combination cash on hand and proceeds of the partial settlements of forward equity sales agreements.
Partnerships
Fortune Coins Casino owned by Blazesoft has entered into a partnership with Pragmatic Play – a leading provider of content for the gaming industry. Fortune Coins, owned by Blazesoft, will offer its customers immersive slot games, bingo, and other popular gaming options.
Pro League Network will work with Brinx TV to bring PLN sports made for wagering to a larger audience via the Brinx TV Platform. Brinx.TV and PLN have signed a deal to produce exclusive live sports events made for wagering exclusively on the Brinx.TV Platform. Additional shoulder programming will also be produced focusing on PLN Sports.
International Game Technology announced that it will soon expand the sports betting footprint of the Company in Wisconsin via a multiyear agreement with St. Croix Chippewa Indians. IGT PlaySports will be used to power retail sports betting in St. Croix Casinos in Turtle Lake (Wisc. ), Danbury (Wisc. ), and Hertel, Wisc. St Croix Casino, Hertel (Wisconsin).
Circa Resort & Casino has partnered with FullTime Fantasy Sports to host the Circa Fantasy Football World Championships as well as the Las Vegas Fantasy Championships.