Category: Gambling News

Gambling News

  • New Jersey Online Casinos Generated a U.S. Record $113.7 Million in March

    Online casino games and poker generated a U.S. record $113.7 million in March revenue, up 75.4% from $64.8 million in March 2020. March’s revenue topped the previous record of $103.8 million set in January. The result for the state was $17.1 million in taxes.

    Borgata’s record $36.2 million in March revenue marked the first time in years the Golden Nugget, which generated $31.8 million in March, was not the market leader.

    “Borgata’s increasing focus on and success in the online market shows how the pandemic changed the dynamic for online casinos,” Ramsey, analyst for PlayNJ.com, said. “Even when we get past this pandemic, I don’t think gamblers will log into online casinos any less. Instead, this year-long surge points to a long-lasting market shift.”

  • Richmond Residents – Equity Ownership Of Bally’s Richmond Casino Resort

    Richmond Residents – Equity Ownership Of Bally’s Richmond Casino Resort

    Bally’s Corporation, the developer and operator of the proposed $650 million “Bally’s Richmond Casino Resort,” and finalist in the City’s casino selection process, announced that it will provide the opportunity for all Richmond residents to purchase an equity interest in, and become partial owners of, Bally’s RichmondDavid Walton, a Richmond-based serial entrepreneur, most known for founding the Black Pages of America, will be partnering with Bally’s to roll out the program and will be providing assistance to generate awareness of this crowdfunding round.

    Michael Monty, Senior Project Manager of the Bally’s Richmond, commented, “During our recent engagements with the RVA community, we had the fortunate opportunity to inform thousands of Richmonders about Bally’s Richmond. Once Richmonders better understood the proposal, many expressed interest in becoming a part of it. By allowing Richmond residents to own a part of Bally’s Richmond, we are further demonstrating our dedication and commitment to RVA and this project. We look forward to partnering with David Walton on this program, and are excited about the opportunity for Richmonders to own a piece of Bally’s Richmond and benefit from its success as a true stakeholder.”

    Bally’s has promised that its casino proposal will be a community-focused project that places Richmond first, and the equity crowdfunding program represents one way for Bally’s to live up to that promise,” said David Walton. “The purpose of the program is to allow all Richmond residents, not just those who may be more fortunate, the opportunity to invest in Bally’s Richmond, and I look forward to working with Bally’s and supporting that effort.”

    Given the success of its recent RVA community engagements, Bally’s will host the fourth part of its listening tour on Monday, April 19th, 2021 at Forest Hill Park, 4021 Forest Hill Avenue, Richmond, VA, at 1:00pm ETBally’s encourages Richmonders interested in providing their feedback regarding the casino selection process and the remaining proposals to participate in this event.

    Additional information about the equity investment program will be forthcoming.

    For information regarding Bally’s Richmond, please visit BallysRichmond.com

  • Pennsylvania Online Casinos Shatter Records in March

    Pennsylvania Online casinos and poker rooms hit a fresh high in March with $97.7 million in taxable revenue, shattering the record $80.4 million set in January. Online casinos produced a record $3.2 million in revenue per day.

    Revenue was up 292.4% from $24.9 million from March 2020, a month that marks the beginning of a year-long surge that continues today. Online casino wagering has grown 275% to $3.3 billion from $871.6 million in March 2020.

    “The year-over-year gains in revenue are staggering,” Valerie Cross, analyst for PlayPennsylvania.com said. “The pandemic-related shutdowns of the state’s retail casinos changed bettor behavior for the foreseeable future. This is evident as online casino gaming keeps setting records, even as brick-and-mortar restrictions are eased.”

  • Jokers Gambit Chess Tournament May 5-6

    Jokers Gambit Chess Tournament May 5-6

    Top Poker Players will compete in a live-action chess tournament on Grandmaster Hikaru Nakamura’s Twitch channel May 5-6. Players will be competing for a trophy and raising funds with the help of Softgiving. Strong poker players are encouraged to express their interest to teamhikaru@unitedtalent.com. GM Hikaru Nakamura is the #1 ranked in the world at 10 minute or shorter time limits. His Twitch channel has 1.2M followers.

    Each poker player will have a dedicated chess coach. Popular chess streamers NM James Canty, GM Alexandra Kosteniuk, IM Eric Rosen, IM Levy Rozman, WGM Jennifer Shahade, IM Anna Rudolf and others will provide the lessons.

    A number of top poker players are known to enjoy the game of chess. Examples are Dan Smith, who won over $36 million as a poker player after reaching a 2100 expert level at chess as a teenager, and Daniel Negreanu, a six-time World Series of Poker winner. Others include 2003 WSOP winner Chris Moneymaker, 2016 WSOP winner Fedor Holz and 2020 WSOP winner Daniel Dvoress, all of whom have registered to play in the Jokers Gambit. Xuan Liu, the only woman to be at the final table at the PokerStars Caribbean Adventure (PCA) main event, and Liv Boeree, the only female player in history to win both a WSOP bracelet and the European Poker Tour, will also participate.

    Several chess players also play poker, some of them professionally. Most notable are GM Alexander Grischuk, GM Rustam Kasimdzhanov, GM Jan Gustafsson, GM Joe Gallagher, IM Almira Skripchenko, and WGM Jennifer Shahade.

    The ability to analyze a position and make quick decisions is key to both poker and chess. Poker and chess inspire people to improve in sports of the mind. Across all of the competitive games on Twitch, chess has seen some of the most substantial growth of any esport in the past year.

    This year, “Team Hikaru” raised over $360,000 for the humanitarian agency CARE, setting the total donation sum over three fundraiser streams at over $1 million.

    Full tournament details are online at: https://www.chess.com/news/view/jokers-gambit-poker-chess-hikaru-nakamura

  • Rise of Online Betting Solutions Coincides with Public Opinion

    More and more states are launching online betting businesses as the legal infrastructure and public opinion have turned in favor of such services. This year, nineteen states will decide whether to legalize sports betting services this year, either through voter referendums or state legislature statutes. According to a report by CNBC, if all nineteen states vote yes, that will more than double the number of states where sports betting is already legal. “This is a big year,” said DraftKings CEO Jason Robins in an interview. “We’ve got about 20 states set to vote on legalization. What percentage of those decide yes – that’ll swing things either in a positive or negative direction for us.” Last year, three states had measures on the ballot to legalize sports betting: MarylandLouisiana and South Dakota. All voted yes.

    As the legal infrastructure becomes more and more friendly towards sports betting across the country, announcements regarding investments in this sector have accelerated. For example, earlier in October, WynnBET, the digital gaming division of Wynn Resorts Ltd. that is responsible for Wynn’s mobile sportsbook and casino app, announced a multi-year national sports betting partnership. As an Authorized Gaming Operator of NASCAR, WynnBET will collaborate with NASCAR to create and promote engaging sports betting experiences for racing fans across the United States.

    Bragg Gaming Group Inc. announced last week that, “the Company has strengthened its foothold in Spain, launching its award-winning portfolio of ORYX Gaming content with Casumo.

    Casumo is the second operator in Spain to launch ORYX’s unique and exclusive RGS content to its customers. The content will include titles already extremely popular within Spain’s land-based sector, such as GAMOMAT’s Red Hot Firepot, La Dolce Vita, and Books & Bulls. Casumo was granted an online licence in Spain in July of 2020.

    Since its inception in 2012, Casumo has grown into one of the most distinctive, innovative online casino brands and Sportsbook operators in Europe. Casumo created the world’s first casino adventure by combining the worlds of social and real money gaming, where players collect both wins and points for every round they play. Casumo has more than 300 employees located in MaltaGibraltarLondonCopenhagen and Spain, and is available to players in many global jurisdictions, including the UK, SwedenFinlandNorwayGermanySpain and Canada. Casumo holds licenses in Malta and the UK.

    Spain is the latest in a number of major jurisdictions where ORYX has been certified and has launched. The Spanish online gaming market has seen strong growth since it opened in 2011, and the online casino sector now represents nearly 40 per cent of market gross gaming revenue.

    ‘Expansion into new markets is a significant pillar in our strategic plan, so we are thrilled to strengthen our Spanish presence with Casumo,’ said Matevz Mazij, Managing Director of ORYX Gaming. ‘Casumo is the perfect partner for us as they have quickly established themself as a fun and entertaining casino brand, and we look forward to working together to further enhance their offering. This partnership will also open the door to further partnerships in Spain, as we see great potential in this market going forward.’”

    Wynn Resorts, Limited designs, develops, and operates integrated resorts. The company’s Wynn Palace segment operates 424,000 sq. ft. of casino space with 323 table games, 1,011 slot machines, private gaming salons, and sky casinos. In recent years the Company also partnered with sports betting operators. For example, earlier in 2018, Wynn announced that it has entered into a strategic partnership with BetBull Limited (“BetBull”), a Europe-based digital sports betting operator, to pursue sports betting opportunities in the emerging U.S. market. The strategic partnership will position both parties to capitalize on the developing U.S. opportunity by combining Wynn Resort’s nationally recognized brand with BetBull’s digital sports betting operations capabilities and technology. In conjunction with the formation of the strategic partnership, Wynn Resorts will make a minority equity investment in BetBull. Wynn Resorts will own 22.5% of BetBull on a fully-diluted basis upon closing of the investment which will occur in due course subject to customary closing conditions. Moelis & Company LLC acted as financial advisor to Wynn Resorts.

    Bally’s Corporation reported earlier this year that it has entered into a definitive agreement to acquire Monkey Knife Fight, the award-winning, fastest-growing gaming platform and third-largest daily fantasy sports (“DFS”) operator in North America. The all-stock transaction makes Bally’s just the third sports betting company in the U.S. to have a fantasy sports segment. In 2020, MKF, which offers its loyal users a dynamic and creative slate of daily sports and e-sports contests, was ranked by SponsorUnited as the sixth most-searched and tenth fastest-growing brand in sports and entertainment. “With this acquisition, we are pleased to enter into the high-growth DFS market. Monkey Knife Fight is a unique asset that we look forward to incorporating into Bally’s constantly growing omnichannel portfolio of land-based casinos and iGaming platforms,” said George Papanier, President and Chief Executive Officer of Bally’s Corporation. “As with all of the properties and services that fall under the iconic Bally’s brand, we are committed to providing a best-in-class DFS platform to sports fans around the country.”

    Skillz Inc. reported earlier this year that it is teaming up with the National Football League (NFL). As part of the agreement, the two sports organizations will host a global game developer challenge. Competing developers will have the opportunity to develop an NFL-themed mobile game. The game will be powered by the Skillz esports platform and will have joint marketing support from both the NFL and Skillz. The combination of the NFL brand and the Skillz platform will set the stage for the future of electronic sports competition. “The NFL is an iconic brand that is synonymous with American sports, and Skillz is thrilled to help power their esports competitions on mobile,” said Andrew Paradise, CEO and founder of Skillz.

    Allied Esports Entertainment Inc. and Element Partners, LLC (“Element”), a privately-held investment vehicle, announced earlier this year a definitive agreement under which Element will acquire the Company’s poker-related business and assets, including the entities comprising the World Poker Tour® (“World Poker Tour,” or “WPT®”). Under the terms of the agreement, Element will acquire World Poker Tour for a total of USD 78,250,000, consisting of a USD 68,250,000 upfront payment and a fully guaranteed revenue share of 5% of WPT-branded tournament entry fees on Element-owned or licensed gaming platforms, up to a maximum of USD 10 Million, payable over three years after closing. The Company’s Board of Directors has approved the transaction, which is expected to close in late January or early February 2021, assuming the Company’s shareholders approve the transaction and following required regulatory approvals and other customary closing conditions.

  • BetRivers.com and William Hill Casino launched in West Virginia

    Century Casinos, Inc. announced that the Company’s partners Rush Street Interactive and William Hill launched their online casino platforms in West Virginia using Mountaineer Casino, Racetrack & Resort’s license.

    Following the approval by the West Virginia Lottery, Rush Street Interactive launched its online casino BetRivers.com on April 12William Hill Casino launched on April 13.

    The West Virginia Lottery Interactive Wagering Act, which became law on March 27, 2019, legalizes online casino gambling in West Virginia. It provides one iGaming license for each of the five casinos in the Mountain State, and three iGaming skins per iGaming license. Century’s Mountaineer Casino, Racetrack & Resort has agreements with William Hill for two of its iGaming skins and with Rush Street Interactive for one skin. Pertaining to these agreements, Mountaineer Casino, Racetrack & Resort receives a portion of net gaming revenues derived from iGaming in addition to a one-time fee.

  • The Slot Squad, Online Casino & Slots Channel launches in Michigan

    The Slot Squad, Online Casino & Slots Channel launches in Michigan

    The Slot Squad has recently launched in Michigan, following the legalization of online casino gaming in the state.

    Casino goers and slot fans in the Wolverine state can now tune in to the Twitch channel https://www.twitch.tv/theslotsquad and witness jackpot wins, enter free giveaways and claim exclusive free bet offers every night from 8pm EST seven days a week.

    The channel is hosted by six streamers including residents of Michigan. Each of the six streamers is well versed in the gaming world and bring their own interest and entertainment to the table.

     

    The Slot Squad was brought to life by US Gaining affiliate Wedge Traffic, and is already gaining traction in the state, with hundreds of Michigan residents tuning in every night to learn more about the online casino games on offer in their state.

    David Copeland, co-founder of Wedge Traffic, said: “Casino streaming is something which has become hugely popular in Europe, but has not yet broken into America. We are already operating in New JerseyPennsylvania, and West Virginia with great success, and plan to bring that excitement to Michigan.”

    The Slot Squad’s audience comes from far and wide, with no restrictions on viewing. In future, more US states are expected to legalize online casino gaming which will undoubtedly broaden opportunities for America’s first legal online casino and slots channel.

  • Bally’s To Acquire Tropicana Las Vegas Hotel And Casino

    Bally’s To Acquire Tropicana Las Vegas Hotel And Casino

    Bally’s Corporation  announced that it has agreed to purchase the Tropicana Las Vegas, Nevada casino from Gaming and Leisure Properties, Inc. (“GLPI”), a publicly traded gaming focused real estate investment trust (“REIT”). Bally’s estimates the transaction to be valued at approximately $308 million.

    The purchase price for the Tropicana property’s non-land assets is $150 million. In addition, Bally’s has agreed to lease the land underlying the Tropicana property from GLPI for an initial term of 50 years at annual rent of $10.5 million, subject to increase over time. Bally’s and GLPI will also will enter into a sale-and-leaseback transaction relating to Bally’s Black Hawk, CO and Rock Island, IL casino properties for a cash purchase price of $150 million payable by GLPI. The lease will have initial annual fixed rent of $12 million, subject to increase over time.

    The transaction is expected to be accretive to Bally’s shareholders long-term and will require no cash outlay from Bally’s at closing. Bally’s and GLPI have agreed to use commercially reasonable efforts to negotiate and enter into definitive documents with respect to these transactions as promptly as practicable in order to fully reflect the contemplated terms.

    George Papanier, President and Chief Executive Officer of Bally’s Corporation, said, “Landing a preeminent spot on the Las Vegas Strip is a key step for us. The Strip is visited by over 40 million players and guests per year, which we believe will significantly enhance Bally’s customer base and player database, as well as unlock marketing opportunities to leverage the iconic Bally’s brand. This expansion will also support the growth and development of our online and interactive business. We look forward to exploring significant redevelopment of the property, which we believe will enhance its financial profile.”

    The Tropicana Las Vegas Hotel and Casino is located in Las Vegas, Nevada on a 35-acre parcel on the corner of Tropicana Boulevard and Las Vegas Boulevard. It includes 1,470 guest rooms, 50,000 square feet of casino space with 1,000 gaming positions, a 1,200 seat performance theater and 100,000 square feet of convention and meeting space.

    The transaction is expected to close in early 2022, subject to customary real estate and working capital adjustments, receipt of required regulatory approvals and other customary closing conditions. Bally’s is already licensed in Nevada as a result of the recently closed acquisition of the MontBleu Resort Casino & Spa.

  • Bally And Gamesys Group Announce Terms Of Combination

    Bally And Gamesys Group Announce Terms Of Combination

    Bally’s Corporation , a leading U.S. omni-channel provider of land-based gaming and interactive entertainment, today announced that the Company and Gamesys Group plc have agreed on definitive terms by which Bally’s will combine with Gamesys, a leading, global, online gaming operator.

    Commenting on the combination, Soo Kim, Chairman of Bally’s Corporation, said, “We believe that this combination will mark a transformational step in our journey to become a leading integrated, omni-channel gaming company with a B2B2C business. We think that Gamesys’ proven technology platform alongside its highly respected and experienced management team, combined with the US market access that Bally’s provides, should allow the combined group to capitalize on the significant growth opportunities in the US sports betting and online markets. We are truly excited about the opportunities that this combination would offer and the enhanced and comprehensive experience and product offering that it would enable us to offer our customers.”

    Bally’s and Gamesys’ boards of directors believe that the combination has a compelling strategic and financial rationale, would create long-term value for both companies and would be consistent with the companies’ respective long-term growth strategies. Gamesys would benefit from Bally’s fast-growing land-based and online platform in the United States, providing market access  through Bally’s operations in key states as the nascent iGaming and sports betting opportunity develops in the US. In turn, Bally’s would benefit from Gamesys’ proven technology platform, expertise and highly respected and experienced management team across the online gaming field. The combined entity would be well positioned to capitalize on the full range of opportunities available both in the US and abroad.

  • BetRivers.com Launches Online Casino in West Virginia

    Rush Street Interactive, Inc. , a leading online casino and sports betting company in the United States, today announced the launch in West Virginia of its flagship brand and award-winning online casino platform, BetRivers.com, in West Virginia.

    Through RSI’s partnership with Century Casinos, Inc.’s  Mountaineer Park Inc., West Virginians can now play a fun array of online slot games and popular table games such as blackjack, roulette and baccarat. BetRivers.com is the only online casino in West Virginia today where customers can play free bingo games for extra chances to win prizes. Similar to other markets where it operates, BetRivers.com plans to consistently add fan favorite casino games to its site in West Virginia to provide players with fresh content and the same robust library of games it is known for in other states.

    Customers in the Mountain State also will have access to RSI’s premier and gamified loyalty program, which enables BetRivers’ players to redeem their online loyalty points for the chance to win even more prizes by playing proprietary bonus games such as online scratch cards, wheel spins and bonus bingo.

    “We are very pleased to officially launch BetRivers.com in West Virginia and show players why we are the #1 online casino site in neighboring Pennsylvania,” said Richard Schwartz, president of RSI. “BetRivers.com has been successful in developing deep player loyalty due to the focus we place on the online casino player and creating unique and exciting game play experiences for our customers.”

    “Earning and retaining player trust is core to the BetRivers approach – be it through our one-time wagering requirements, automated and timely cash-out approvals, low default bet settings, real-time bonusing community chat or other player-centric features incorporated in the BetRivers.com online casino product,” continued Mr. Schwartz. “We look forward to bringing high levels of transparency and convenience to West Virginians for years to come.”

    West Virginia joins New Jersey, Michigan, and Pennsylvania as states where RSI operates its market-leading online casino platform. RSI was the second largest online casino operator in the United States for the fourth quarter and full year 2020 according to industry market research firm, Eilers & Krejcik. Additionally, RSI currently operates online sports betting available for customers to play today in eight states and offers online casino and sports betting internationally in the country of Colombia.

    “RSI would like to thank the West Virginia Lottery Commission for their trust and partnership,” concluded Schwartz. “We look forward to offering West Virginians safe, convenient and enjoyable online gaming for years to come from a brand they can trust.”

  • Mohegan Sun, Three-Year Partnership with Miss America Organization

    Mohegan Sun, Three-Year Partnership with Miss America Organization

    The stage is set for an unforgettable 2021 at Mohegan Sun! Mohegan Gaming & Entertainment’s (MGE) flagship property today announced an exciting evolution of its partnership with the Miss America Organization (MAO) to continue hosting one of the nation’s most anticipated competitions. For the next three years, Miss America events and finals will take place at the award-winning Mohegan Sun Arena. This historic relationship is a testament to Mohegan Sun’s consistent innovation and industry-leading health and safety practices that have inspired confidence among its distinguished partners and the public. The 100th anniversary Miss America competition will be broadcast live in December 2021.

    “Following the success of the Miss America 2020 competition at Mohegan Sun, we knew we had created something very special here in Connecticut and we’re thrilled to be able to host Miss America events and competitions for the next three years at our destination,” said Jeff Hamilton, President and General Manager of Mohegan Sun. “Miss America will now become one of Mohegan Sun’s largest annual events in terms of size, scope and reach, allowing us to continue to deliver world-class, unique experiences to all those who step through our doors. We share many values with MAO, such as community support and empowerment, and we are excited and honored to add the like-minded organization to our incredible roster of renowned partners.”

    2021 marks a historic year for MAO as the nationally recognized nonprofit celebrates its 100th anniversary this fall. The milestone competition will continue to highlight a diverse group of young students and professionals who are advancing the message of female strength, independence, and empowerment through their efforts in the areas of scholarship, talent and social impact. MAO looks forward to returning to the big stage and providing a national platform for each talented candidate to share their voice with viewers around the country.

    “For 100 years Miss America has been an icon, a champion for social causes, and one of the leading providers of scholarships to women in the country,” said Shantel Krebs, Miss America Organization President & CEO. “We are thrilled to have Mohegan Sun join us in this mission. As a leading integrated entertainment resort with a state-of-the-art venue and innovative vision for hosting events, Mohegan is the ideal partner as we enter into our second century of service to America’s outstanding young women.”

    In addition to the epic one-night finale, other exciting events and preliminary competitions will take place in Mohegan Sun’s Earth Expo & Convention Center, which includes the 125,000 square foot Earth Expo center. To commemorate the organization’s centennial anniversary in September, MAO and Mohegan Sun hope to host iconic celebrations and community events, as well as bring back the beloved “Show Us Your Shoes” parade, in its new home state of Connecticut this year.

    Leading up to the nationally broadcast event in Mohegan Sun Arena, the Mohegan Sun leadership team and MAO will lean heavily on guidance from the Mohegan Tribal Health Department as well as local and state COVID-19 health and safety protocols. Further details on ticket sales, scheduling and broadcast partners will be announced in the coming months. To stay updated on the latest, please visit: mohegansun.com and missamerica.org.

  • SAHARA Las Vegas; Chef Shawn McClain and new resort pool plans

    SAHARA Las Vegas; Chef Shawn McClain and new resort pool plans

    As record-number crowds plan their return to Las Vegas this summer, SAHARA Las Vegas is revving into high-gear, accelerating the resort’s $150 million transformation with the announcement of Ballo, a new dining concept from James Beard award-winning Chef Shawn McClain, and the unveiling of the resort’s new Azilo Ultra Pool.

    “As Las Vegas continues to evolve, we plan to be on the forefront of that evolution as we continually refine and enhance the guest experience at SAHARA,” said Paul Hobson, senior vice president and general manager of SAHARA Las Vegas.

    Joining the resort’s award-winning culinary lineup is Ballo, a new Italian concept from James Beard award-winning Chef Shawn McClain and partners Richard and Sarah Camarota of MC Hospitality. With Ballo, the group will use their acumen for redefining established genres to create an experiential, high-energy destination restaurant featuring seasonal Italian cuisine representing a number of Italian regions. Ballo promises to offer everything you know and love about Italian cuisine made bold and fresh in a vibrant setting that celebrates Italian culture and la dolce vita. Signature dishes will include Ballo’s selection of aperitivos, handmade pastas, Roman pizzas, an array of fresh seasonal vegetable dishes and salads, and rustic fire-roasted meats and fish, as well as a Euro-centric, eclectic wine list, unique cocktails and playful desserts featuring espresso liqueurs. The restaurant design will boast bold contemporary Italian art to create stylized spaces for authentic gatherings for both intimate and sizeable social parties. Ballo will also feature a live-action kitchen complete with a pasta-making window and a takeaway deli.

    No stranger to Las Vegas, Chef McClain is an outstanding restaurateur who has opened multiple renowned and critically acclaimed restaurants in ChicagoLas Vegas and Detroit. His portfolio consists of both fine dining and casual restaurants each offering ingredient-driven cuisine served in chic, high-energy atmospheres. Winning both critical acclaim and establishing smart, sustainable businesses have been the hallmarks of his career.

    “We’re entering this next phase in Las Vegas with renewed gratitude, energy and purpose,” says McClain. “We are inspired by Alex Meruelo’s vision for SAHARA and are so excited to join the culinary line up and work hand in hand with this amazing property team to bring our vision to life.”

    “We are continually seeking to set the standard with our culinary program,” said Anthony Olheiser, SAHARA Las Vegas vice president of food and beverage. “Shawn is both a highly-decorated chef and a clever operator, making the perfect addition to our exceptional restaurant portfolio. We can’t wait for our guests to explore all Ballo has to offer when it opens later this year.”

    As SAHARA continues to raise the bar for its culinary program, property leadership is similarly preparing to elevate the full resort experience with the total transformation of the main resort pool. Construction of the new Azilo Ultra Pool is nearing completion to prepare for a summer 2021 opening.

    Under the strategic leadership of veteran entertainment executive Yannick Mugnier, who recently joined the Meruelo Group to design and create the entertainment vision for SAHARA and its sister property Grand Sierra Resort and Casino, Azilo’s flexible poolscape and event space will combine to create Las Vegas’ most immersive Ultra Pool offering an ideal location for party seekers, sunbathers and event planners. Featuring an intimate poolside experience, sexy Moroccan décor, lush greens and an alluring atmosphere, Azilo will serve as a principal feature of the resort boasting state-of-the-art visuals, lighting and sound packages that combine to envelop guests in a beautiful desert sanctuary.

    Azilo’s main focal point will be its giant LED walls that wrap around the pool perimeter. The featured portion of the LED wall stretches two stories high and spans the length of the pool’s south side. Totaling more than 10,000 square feet, Azilo’s LED wall is one of the largest to be featured in a private setting on the Las Vegas Strip. Designed for any event you can envision, the wall’s multiple screens can be synchronized, while the main screen can be partitioned into several smaller screens, giving guests the ability to watch multiple games or events simultaneously. The screens will also have the ability to live stream events at the pool for guests to watch in real time. Azilo’s cutting-edge technology, combined with its flexible features, will allow for a variety of special programming including headlining concerts and live sporting event broadcasts, making it the ideal setting for private meetings and events.

    Boasting nearly 35,000 square feet of poolscape, Azilo will include VIP cabanas each outfitted with HD TVs, private pools, spas and restrooms; daybeds; lily pads; three bars; and plenty of lounge seating. Azilo Ultra Pool will be open to both resort and outside guests operating daily, including engagements on Friday and Saturday evenings.

    “Azilo Ultra Pool and Ballo, along with the other many updates we’ve made to the resort, create an elevated guest experience that is unique to SAHARA,” adds Hobson. “These new additions will help create complementary, personalized experiences that can be enjoyed in tandem or individually. Guests can spend a day at Azilo that leads to a night out at Ballo. Or, dinner and drinks at Ballo become a pre-show experience ahead of catching a performance of Magic Mike Live. These additions, like our other newly enhanced amenities, have been designed to create a crafted, boutique experience that our guests can customize to suit their tastes and truly make their Las Vegas experience their own.”

    These new additions come on the heels of the full renovation and expansion of the resort’s 50,662 square foot casino floor, which included the addition of a new poker room and CASBAR Lounge; new hotel lobby amenities including the upscale grab-and-go eatery, Prendi, and brown spirits-focused cocktail bar, The Tangier; guest room updates in the Blanca and Marra towers; and new additions to the culinary program including popular Philadelphia crab house and sports bar, Chickie’s and Pete’s and Noodle Den helmed by renowned Chef Guoming “Sam” Xin, which will both open later this year.

    SAHARA Las Vegas features 1,615 guest rooms, more than 85,000 square feet of flexible meeting space and a collection of entertainment venues, lounges, two rooftop pools, the luxurious Amina Spa and acclaimed restaurants, including the award-winning Bazaar Meat by José Andrés. To follow the transformation of SAHARA Las Vegas or to book your stay, visit saharalasvegas.com.

  • Bally’s Corporation Acquired MontBleu Resort Casino & Spa

    Bally’s Corporation Acquired MontBleu Resort Casino & Spa

    Bally’s Corporation  announced that it has completed the previously announced acquisition of MontBleu Resort Casino & Spa (“MontBleu”) from Caesars Entertainment, Inc. .

    George Papanier, President and Chief Executive Officer of Bally’s Corporation, said, “MontBleu is a premier entertainment asset that is commensurate with the iconic Bally’s brand, and advances our ongoing portfolio diversification strategy. With the close of this transaction, we look forward to integrating the property into the Bally’s family, and utilizing it as an attractive destination for our loyal Bally’s customers to drive visitation to Lake Tahoe.”

    MontBleu is located in Stateline, Nevada, which is situated minutes from Lake Tahoe offering spectacular views of the Sierra Nevada mountains. The property features approximately 418 slots, 17 tables, 438 hotel rooms and approximately 14,000 square feet of flexible convention, meeting & exhibition space.

  • Friendlier Legal Infrastructure is Accelerating Online Gambling Growth

    The online gambling industry has seen steady growth in its popularity for several years. However, the pandemic and its consequences have pushed the demand even further. Two major segments of the online gambling industry are online gaming (i-gaming) and sports betting. Both have proved to be pandemic proof segments. The sports betting segment in particular has benefited from a continuously improving and friendlier legal infrastructure. As a result of the evident spike in demand, Morgan Stanley reported that it now projects that the domestic sports betting industry will reach revenues of about USD 7 Billion by 2025, a major increase from the USD 5 Billion projected in June 2018 and reiterated last December, Casino.org reports.

    As the legal infrastructure becomes more and more friendly towards sports betting across the country, announcements regarding investments in this sector have accelerated. For example, earlier in October, WynnBET, the digital gaming division of Wynn Resorts Ltd. that is responsible for Wynn’s mobile sportsbook and casino app, announced a multi-year national sports betting partnership. As an Authorized Gaming Operator of NASCAR, WynnBET will collaborate with NASCAR to create and promote engaging sports betting experiences for racing fans across the United States.

  • Maxim and Carousel to Launch MaximBet

    Maxim and Carousel to Launch MaximBet

    Carousel Group, a rapidly-growing privately-held licensed sports betting and casino operator is pleased to announce a global strategic partnership with renowned media brand, Maxim.

    MaximBet will be made up of a market-leading sports betting and casino website at MaximBet and tailor-made native iOS and Android apps that will allow users to bet on sports and casino in the United States and around the world. The new venture will leverage Maxim’s integrated network of print, digital, social and experiential platforms to engage the loyal Maxim community and sports bettors alike.

    MaximBet.com

    “Maxim has established itself as a preeminent lifestyle brand over the last 25 years, and with Carousel’s strong experience in the online betting space, together we will be able to establish a powerful new gambling brand,” said Daniel Graetzer, CEO of Carousel Group. “Our mutual objective to provide premier entertainment and VIP experiences to the same customer demographic makes Maxim the perfect partner for Carousel and we can’t wait to launch MaximBet later this year for fans.”

    In conjunction with its strategic partnership with Maxim, Carousel Group is also delighted to announce the closing of its Series A investment round with $50M funding from xSigma Entertainment Limited. xSigma is a wholly owned subsidiary of Nasdaq listed ZKIN International Group, a diversified and innovative, tech-forward company that is pleased to act as a capital partner to MaximBet. Funds will be used to drive growth into additional US States and for marketing purposes.

    Carousel Group entered the U.S. gaming market as a sports betting operator in late 2020, and it rapidly secured market access deals in New JerseyColoradoIndiana, and Iowa. Carousel boasts scalable and self-managed infrastructure that includes proprietary technology as well as in-house trading and risk management teams.

    “We are always looking to provide the Maxim audience with new, rich and engaging experiences, and are incredibly excited to be entering the sports betting and iGaming space with our partners, Carousel Group,” says Maxim SVP Susan Kilkenny. “Together, we feel that MaximBet has the power to innovate and elevate the online sports betting and iGaming market.”

    MaximBet intends to capture a significant share of the U.S. online gambling market, which is projected to be an annual $10 billion industry by 2025 and nearly $60 billion by maturity.