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“Clearly the new casinos have added competition and it has been a good thing for visitors,” James T. Plousis, chairman of the New Jersey Casino Control Commission, said in a statement. “Market adjustments were expected and will continue as each casino works to attract new customers and build their market share.” Before the two new luxury integrated resort casinos opened their doors to launch the summer season, Atlantic City had seen an 11.7% drop in total casino revenue for the first quarter year on year, a worrying sign that led to fears that a lack of diversity in Atlantic City’s offerings, increasing regional competition, such as the Valley Forge Casino Resort, the Sands Bethlehem and Mt. Airy Casino Resorts in Pennsylvania near enough by to be a draw for gamblers coming from New York City, and the rise of online gambling would mean hopes for a revival may have been overly optimistic. In fact, Pennsylvania casinos saw a solid rise in revenue numbers reporting $16 million more in 2018 revenues than in 2017 to hit $2.35 billion. Atlantic City’s July revenue figures, however, have given many a cause for new hope as the market begins to adjust to the new opportunities, led by online gambling and sports betting. After the U.S. Supreme Court overturned the Professional and Amateur Sports Protection Act, in the case of Christi vs the NCAA , effectively opening the doors on legalized sports betting across the USA, New Jersey, who had been leading the fight to have the Act overturned, were the first to act with sports books opening up within weeks. Immediately after the Supreme Court ruling 14-state lawmakers were able to fast track a bill to ensure the state would be one of the first to tap into what is estimated to be a $150 billion market. July revenue figures for Atlantic City’s three new sports books at the Borgata, Ocean Resort and Monmouth Park totalled $3.8 million. Figures are not available for the sports books at the Meadowlands Racetrack and Bally’s Atlantic City, as their betting operations were not launched until near the end of the month.
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Estimated to be worth some $31 million in ticket sales alone and expected to grow exponentially, tapping into the eSports market in Sweden is becoming an increasing priority for many operators with a keen eye to the future. A report by the Kindred Group has noted that Sweden currently has more professional eSports players than any other country, including Japan, South Korea and Russia, who were long dominant in the field, underscoring the growth potential. Competition, however, is expected to be fierce. A report by Kantar Sifo has shown that Sweden’s major gambling operators, including the former national monopoly Svenska Spel, international giants like the Kindred Group and LeoVegas, rank in the top 20 of the Scandinavian nation’s biggest advertisers, spending a total of over €117.3 million combined in 2017 alone. While industry experts have praised the new law and the increased competition, potential market growth and innovation it is likely to bring, critics have pointed out one major flaw in the new regime.
Rainbrew Slot Gets Exclusive Release at Microgaming Casinos Published August 17, 2018 by Mike P Rainbrew is the latest new slot from Just for the Win, a studio that maintains a development partnership with Microgaming casinos. Microgaming has been known for releasing the Castle Builder slots from Rabcat, which is a smaller-scale developer compared to the aforementioned global software provider. In a more recent development partnership, Microgaming has also started to release slots from a studio called Just for the Win, headquartered in Sweden and established in 2016. As a result, a number of Just for the Win slots have arrived at Microgaming casinos in 2017 and 2018, including the likes of Amazing Aztecs, Deco Diamonds, Goldwyn’s Fairies, Lucky Links, and Temple of Tut. Adding to that list is the launch of the Rainbrew slot, which has been exclusively released at Microgaming casinos , as of August 2018. As the intro video rolls, it becomes apparent that Rainbrew takes place in the motion shop of a magical town populated by leprechauns and illuminated by rainbows. Meanwhile, a folk-style score serves as the audio accompaniment for a slot game that has been optimised for mobile screens. At first, players will see that Rainbrew is a five-reel slot with three rows and 243 ways of winning. However, that can all change if the blue row at the top and/or the green row at the bottom of the interface are activated. Ultimately, this can lead to 1,125 ways of winning by matching the various Celtic symbols. The additional rows are governed by the Sidewinder feature, which always remains active.