Each week, CasinoBeats breaks down the numbers behind some of the industry’s most interesting stories. Keep reading to discover which US state has moved a step closer to welcoming mobile sports wagering, a duo of cancellations by the Malta Gaming Authority and an expansion for FanDuel.
1
FanDuel is to debut its first sportsbook in the state of Pennsylvania, as the group teams with Boyd Gaming to announce its grand opening at the Valley Forge Casino Resort.
Located in Montgomery County, in close proximity to Philadelphia, the FanDuel Sportsbook opened to the public last week, with Brent Celek, former Tight End of the Philadelphia Eagles, placing the ceremonial first bet following the ribbon cutting ceremony.
Within the new offering seven teller windows are to be feature, alongside 29 video displays, two sports tickers and seating for more than 30 customers.
FanDuel will provide its risk and trading platform, in addition to managing the location in partnership with Boyd and Valley Forge Casino Resort.
3
Gauselmann Group has announced an investment in a trio of Germany based casinos, as the company stresses that a “decision to enter the casino segment proved to be the right one”.
The Espelkamp, Eastern Westphalia, headquartered gaming and gambling organisation has expanding its involvement in the casino segment through Gauselmann Spielbanken Beteiligungs, which has acquired a stake in land-based properties in Mainz, Trier and Bad Ems Espelkamp.
Done so via investment in Spielbank Mainz and in its general partner Spielbank Mainz Beteiligung, the three properties currently employ in the region of 150 staff, and hold a licence to operate until 31 March 2027, which can also be extended once by a maximum of five years.
Furthermore, as well as the three aforementioned casino locations, there are a further three entity’s in Rhineland Palatinate that do not form part of the investment.
51
The Rhode Island General Assembly has approved legislation introduced by its president Dominick Ruggerio and speaker of the house Nicholas Mattiello, that would permit mobile sports wagering through the state’s Twin River Casino and Tiverton Casino Hotel, also a Twin River property.
Now moving along to governor Gina Raimondo’s office, who needs the sign the measure into law, it would see the creation of an app, that consumers could utilise to access the relevant offerings at Twin River, from within state parameters.
Individuals would be required to set up accounts in person at the property, after which they could place a wager from anywhere within the Ocean State, with geolocation technology to ascertain that users are physically within bounds.
If permitted into law The State of Rhode Island would continue to receive 51 per cent of all winnings from the activity, which is amongst the highest rates in the country.
2
The Malta Gaming Authority has cancelled the gaming licenses of both Triton Gaming and Neptune Entertainment, who in-turn must cease all operations.
Being removed with immediate effect, licence removal also applies to websites associated with each entity, which must also shut down operations as a result.
In two press releases issued concerning each ruling, it was stressed that each party “has thus been directed to proceed with the cancellation process of the authorisation, and to suspend all gaming operations with immediate effect. In addition, a notice on the Authorised Person’s website/s is to be displayed informing all players that the authorisation has been cancelled.”
Consumers concerned with outstanding payments are asked to contact the regulator, submitting full name, address, date of birth, copy of passport or ID card, telephone number, description of product used, user name associated with the casino or sportsbook and a screenshot of their balance or any pending cashouts.
