Industry News of the Day for May 23, 2024

By iDEA | May 23, 2024

Industry News

  • Bonus: Frictionless Online Gambling Payments Now Common As Financial Institutions’ Anxieties Wane
    • In a dramatic shift from the attitudes that prevailed during the early days of US online gambling, American banks have warmed to legal online casinos and sportsbooks—and that’s good news for online gamblers. Payment providers like Paysafe and PayNearMe now have deals in place with major banks allowing users to connect their accounts and move money back and forth at will.
  • PlayUSA: Scientific Games Launches ‘Game Of Thrones’ Lottery Scratch-Off Game
    • Scientific Games’ newest multi-state branded “Game of Thrones” Linked Games, created in partnership with Warner Bros. Discovery Global Themed Entertainment, has launched successfully with Game of Thrones-branded instant scratch, Fast Play, and iLottery games. In July 2023, Scientific Games and Warner Bros. Discovery Global Themed Entertainment signed a multi-year agreement to extend the partnership and bring HBO’s famous brand to online and retail lottery games.

Pennsylvania

  • PlayPennsylvania: Bally’s Increased Online Casino Revenue In April To Buck Trend
    • In what was considered a slower month for Pennsylvania online casinos, Bally’s is one of the only operators to experience a month-over-month increase in revenue in April. Bally Casino PA‘s earnings improved 6% last month compared to March and it finished ahead of Golden Nugget for the first time since each company launched. Bally’s and Golden Nugget are forever linked because the platforms went live in the Keystone State within months of each other.

New York

  • PlayNY: Amid Frustrations On Long Process, Lawmakers Propose Bill That Would Expedite Timeline
    • The downstate licensing timeline has frustrated many, and now two New York lawmakers are looking to pass a bill to speed up the process. Sen. Joseph Addabbo has sponsored S9673, a bill co-sponsored by Sen. Kevin Parker to accelerate the approval of applications and awarding of three downstate casino licenses in the New York City area. In 2022, lawmakers authorized the state to begin the process of awarding those last three downstate licenses. The hope, of course, was for state officials to complete the review process in relatively short order and for the Empire State to reap the benefits of thousands of new jobs and millions in tax revenue for the state.

Ohio

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