Public Gaming International November/December 2022

50 PUBLIC GAMING INTERNATIONAL • NOVEMBER/DECEMBER 2022 such as frequency and spending The report includes NFL sports bettors and the current Mega and Powerball jackpot runs. EQL Games has signed an agreement with Australian game studio ReelPlay to provide iLottery content to North American lotteries. Gov. Abbott open to expanding gambling options in Texas, spokesperson says Lottery.com Inc. received a notice from The Nasdaq Stock Market LLC stating that the Company is not in compliance with Nasdaq Listing Rules Ralph Lauren launches partnership with Fortnite Flutter Entertainment won a New York arbitration against Rupert Murdoch’s FOX Corporation related to the ownership terms and valuation of FanDuel Ontario online gaming transition period ends The Alcohol and Gaming Commission of Ontario (AGCO) says that it will now take action against any operators that haven’t obtained licences. SPORTS BETTING AND CASINO GAMBLING Light & Wonder Names Matt Wilson Chief Executive Officer Mr. Wilson has served as interim Chief Executive Officer since August 2022 and previously served as Chief Executive Officer of the Company’s Gaming business. Nevada gambling revenue tops $1B for 18th consecutive month in August at $1.2B Nevada collected $1.2 billion from its casinos in August, a figure 26.7% up from the same month in pre-pandemic 2019. The impressive August results have pushed the year-to-date state revenue 14% ahead of 2021’s record performance. New York sports betting surpasses $542m in taxes Since early January, when mobile sports wagering became available in New York, the State has collected $542m in taxes through the week ending October 30. An additional $200m in licensing fees has also been collected, generating a total of more than $740m in revenue, most of it to be used for education. This far outperforms every other state in the nation, including those that have been accepting mobile sports wagers for several years. Governor Kathy Hochul said: “By bringing sports wagering to New York, we have not only opened the door to responsible entertainment for millions of sports fans, but we have also brought in significant revenue to support schools, as well as youth sports, while implementing important safeguards to help those who need it. I’m proud of the work that has been done to secure our state’s top position in mobile sports wagering, and I am excited to continue the trend as we secure hundreds of millions of dollars to support programs that will improve the lives of New Yorkers.” Virginia sports betting handle reaches $411.3m in September, up 40 per cent year-on-year. U.S. commercial gaming revenue reached a quarterly record of $15.17 billion in Q3 2022 Maryland Online Sports Betting Launch Expected in December New York Court Rules in Favor of FanDuel in $1B Founders Suit The New York Supreme Court dismissed a $1 billion suit brought by founders of the gaming company who argued they were not adequately compensated when the sportsbook operator was acquired by Paddy Power Betfair in 2018. Sports betting generates nearly $1.3 million in Kansas’ first month of legalization Massachusetts aims to launch sports betting in late January The Alabama Supreme Court unanimously agreed with the Attorney General that casinos are operating illegally and are to be shut down Genting aims to upend Macau casino landscape in bidding war NEW YORK Caesars bid for a Times Square casino rattles Broadway As news of the idea for a Caesars Palace Times Square was announced, the Broadway League jumped into the debate, saying they don’t see a gambling mecca as a good fit alongside the dramas and musicals that draw tourists to New York. The Times Square Alliance, the group overseeing the New Year’s Eve ball drop, is staying neutral. NFT metaverse casino Slotie hit by emergency cease-and-desist in four U.S. states Another non-fungible token (NFT) venture is finding itself up against a gauntlet of legal opposition. The metaverse NFT casino business may not be in play for much longer. U.S. States experience iGaming upsurge Updating its Commercial Gaming Revenue Tracker with data tracked throughout August, the AGA revealed that iGaming GGR generated by operations in Connecticut, Delaware, Michigan, New Jersey, Pennsylvania and West Virginia, increased by 31.9 per cent YoY to $401.8m, with all iGaming markets experiencing annual growth. Over the tracking period, combined revenue from sports betting up 69.9 per cent YoY, with year-to-date revenue of $3.97bn, while handle is $55.76bn, a 86 per cent improvement. Twitch tightens gambling regulatory policies as it includes a growing number of gambling websites WORLD NEWS WLA elects new President and Executive Committee Paris to host the next World Lottery Summit in 2024 UK’s incoming National Lottery operator Allwyn Entertainment is in talks to buy former operator Camelot’s UK operations The potential deal could be valued by up to 100 million pounds ($116.10 million). On Sept. 20, Allwyn was awarded the fourth license to operate the National Lottery from February 2024. Allwyn companies change their names in connection with rebranding process The Allwyn lottery group continues to rename its international entities. Companies in Austria, Cyprus, the Czech Republic, and the United Kingdom will now bear new names. Apart from this, there is no change to the operation or organisation of the companies. The changes come as a part of the group’s global rebrandP U L S E

RkJQdWJsaXNoZXIy NTg4MTM=