CasinoBeats Digest: 10/05

CasinoBeats Digest: 10/05

WEEKLY INSIGHTS

Conor Porter, Senior Journalist of CasinoBeats
The gambling industry has convened in New York/New Jersey this week for SBC Summit North America, with stakeholders sharing insights and knowledge on numerous topics, including the synergy required between land-based casinos and igaming for each vertical to be successful and grow. Speaking of growth, Betway parent company Super Group reported its highest first quarter revenue ever to begin 2024, improving by over 10 per cent year-over-year. However, the same couldn’t be said for Catena Media, whose North America revenue was affected again by market headwinds.

TOP STORY

Super Group: ‘solid foundation’ for 2024 following Q1 growth

Super Group believes it has a “solid foundation” for the remainder of the year thanks to its highest first quarter revenue ever to begin 2024.

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FEATURED

The importance of synergy between igaming and land-based casinos was a topic of a panel discussion at SBC Summit North America.

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Catena Media reported a revenue decline for the first quarter of 2024 due to considerable drops in North America revenue and new depositing customers.

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NUMBERS

15%

Brazil has introduced the tax framework applied to winnings for the well-awaited launch of its regulated gambling market, approving a 15 per cent tax for player prizes.?

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9226

Senate Bill 9226 has been introduced in the New York Senate which would authorise up to ten licences to operate online poker in the Empire State with a 15 per cent tax rate if passed.

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VIDEO OF THE WEEK

The iGaming Daily took a trip to New Jersey for SBC Summit North America this week, guiding listeners through the event’s jam-packed agenda while touching on increased US interest in Brazil.


WEEKLY INSIGHTS

Danny Lee, Senior Journalist, SlotBeats
While slot suppliers have been exhibiting at SBC Summit North America, the industry showed no signs of slowing down, as companies continued to tap further into new territories, and some even stepped into the Octagon.?In terms of slots, this week saw pirates return as a popular theme with a new title from Peter & Sons, Wazdan extended its flagship Coins series and Tom Horn Gaming clinched Slot of the Week with mesmerising multipliers.

SLOT OF THE WEEK

Tom Horn Gaming’s fantastic fruit features claim Slot of the Week

Tom Horn Gaming showcased stacks of multipliers in its latest slot sequel, Crystal Fruits Bonanza, utilising the studio’s BlastX mechanic to clinch our Slot of the Week award.?

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LATEST SLOTS

Prepare to walk the plank as Peter & Sons set sail on a pirate adventure in Gunpowder.?

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Wazdan has placed even more coins across the reels in its biggest addition to the Coins series yet, 30 Coins.?

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BONUS STORIES

Games Global has formed a strategic partnership with the UFC, gaining the rights to make branded content influenced by the mixed martial arts promotion.?

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Spinomenal set sights on Latin American growth after gaining approval from Peru’s Ministry of Foreign Trade and Tourism to provide slot releases in the nation.?

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