Play’n GO partners with RoyalCasino.dk

World Casino News

Play’n GO partners with RoyalCasino.dk

Swedish slots specialist Play’n GO recently announced a new partnership agreement with Danish operator RoyalCasino.dk after having made the move to the developer’s Casino Platform. According to the official press release… The new alliance, which marks the leading online and land-based casino platform supplier’s fourth partnership in the Danish market, allows the online operator to continue its growth, confident in the […]

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Crystal Rift video slot unearthed by Microgaming

World Casino News

Crystal Rift video slot unearthed by Microgaming

Online casino games and software firm Microgaming has followed up yesterday’s premiere of the Astro Legends: Lyra and Erion video slot by announcing its launch of the new five-reel and 25-payline Crystal Rift innovation. Rabcat partnership: The Isle of Man-headquartered concern used an official Wednesday press release to declare that its latest three-line video slot was […]

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Sports Betting Arrives in Rhode Island in Historic Year for US Gambling Industry

Casino News Daily

Sports Betting Arrives in Rhode Island in Historic Year for US Gambling Industry

Rhode Island becomes eighth state to offer legal sports wagering in an eventful week for the US betting industry

Sports betting is coming to Rhode Island starting Monday, November 26, at Twin River Casino in Lincoln. The state will thus become the nation’s eighth one to be offering legal sports gambling and New England’s first one in a landmark year for the US gambling industry.

The Rhode Island General Assembly enacted a sports betting law back in June, and legal wagering services were expected to commence by October. However, delays of different nature pushed back the start of sports betting to the end of November.

The announcement about the official start of sports betting in Rhode Island arrived as the latest big news in an eventful week for US sports betting. Pennsylvania’s first wagering facility opened doors a few days ago. A new sportsbook was launched in West Virginia, as well. The state’s first legal betting operations commenced in late August.

Twin River Casino officials have previously said that the property will begin offering sports betting to its customers around Thanksgiving. As it can be seen they have almost lived up to that promise.

Sports betting operations will commence at the casino at 3 pm local time on Monday, when House Speaker Nicholas Mattiello, Senate President Dominick Ruggerio, and Twin River Worldwide Holdings Chairman John Taylor Jr. will place a ceremonial first bet.

Wagering services will initially be provided at a temporary facility on the third floor of the casino complex. Officials have called that temporary facility Phase 1. Customers will be serviced there while the main sportsbook is under development.

At first, gambling customers will be able to place wagers on US-based games. International competitions such as English Premier League and other European leagues are expected to be added later. Patti Doyle, a spokeswoman for Twin River Casino, has also said that “more exotic” bets will also be available in the betting lounge at a later date.

Under Rhode Island’s newly adopted sports betting law, gamblers will only be able to wager at physical sportsbooks. Online and mobile betting were not included in the state’s sports gambling framework.

Estimated Economic Impact

According to estimates, the state will collect $11.5 million in tax revenue from sports betting through the end of the fiscal year on June 30. The above-mentioned amount is significantly less than the original projection for tax revenue of $23.5 million that was based on the previously announced October 1 launch of Twin River Casino’s sports betting operation. The state expects to get $27.3 million in tax revenue next fiscal year.

Under Rhode Island gambling laws, legal sports betting operations are taxed at 51% on betting revenue.

According to projections, Rhode Island’s two Twin River casinos will annually handle $814 million in wagers. Twin River Casino in Tiverton is expected to launch its sportsbook sometime in December. The Tiverton casino complex opened doors to the public on September 1. Aside from an 85,000-square-foot gaming floor, it also features an 84-room, three-story hotel, and multiple entertainment options.

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The post Sports Betting Arrives in Rhode Island in Historic Year for US Gambling Industry appeared first on Casino News Daily.

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Pariplay announces content partnership with High 5 Games

Casino City Times

Pariplay announces content partnership with High 5 Games

Through this partnership, H5G's full suite of proven slot content will be integrated into Pariplay Fusion, a comprehensive state-of-the-art solution.

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Playtech thanks Teddy Sagi for important input after founder sells remaining shares

Gambling Insider

Playtech thanks Teddy Sagi for important input after founder sells remaining shares

Playtech founder Teddy Sagi has sold his remaining shares in the company, the supplier has confirmed to Gambling Insider

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Evolution Gaming to acquire Ezugi in all-cash deal

World Casino News

Evolution Gaming to acquire Ezugi in all-cash deal

Live Casino provider Evolution Gaming announced Wednesday that it has penned an agreement to acquire Ezugi, cutting edge, mobile and web live dealer gaming provider. According to the official press release… The initial consideration of $12 million in the all-cash deal could possibly see the addition of a maximum consideration of $6 million. The transaction’s planned completion […]

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Yggdrasil Gaming announces first-ever branded game Nitro Circus

World Casino News

Yggdrasil Gaming announces first-ever branded game Nitro Circus

Players looking for an adrenaline pumping online slot game should look no further than Nitro Circus by Yggdrasil Gaming. The new title is the first-ever branded title by the developer, featuring the biggest stars of Nitro Circus, including the best stunts and crazy vehicles. The online slot includes a quality base game and extra spins, […]

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