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Borgata’s Bonus Spin Xtreme Jackpots Hit $3M Mark

admin — Mon, 03 Jun 2024 18:33:21 +0000

The Borgata Hotel Casino & Spa in Atlantic City has been the scene of major excitement after a table games player hit $1.2 million on the Bonus Spin Xtreme progressive jackpot in early May.

Lucky Borgata Player Strikes $1.2M Jackpot with Bonus Spin Xtreme

The lucky player, who made a $5 side bet, got into the hot seat by chance and spun the Bonus Spin Xtreme wheel. The Triple Diamond top progressive on the outer wheel came up, awarding the lucky customer with a $1,255,697 payday.

This sizeable jackpot was delivered through Borgata’s connected network of 16 linked tables featuring Bonus Spin Xtreme across popular games such as Blackjack, Baccarat, and Criss Cross Poker®.

Commenting on AGS’ Bonus Spin Xtreme table game multilink progressive success at Borgata, James Bruno, vice president of casino operations for the property said: “We are thrilled to see the ongoing success of AGS’ Bonus Spin Xtreme table game multilink progressive at Borgata. In the past twelve months, Double Diamond Jackpots have paid over $315,000, which is in addition to the $1.2 million top award payout we saw at Borgata. We greatly value our partnership with AGS and look forward to an exciting future.”

This most recent win represents Borgata’s second Triple Diamond jackpot in less than a year following its record-setting $1.5 million win as AGS’ highest-ever progressive payout.

Fortune Favors the Bold: Lottery Wins and Gaming Success Stories

Other recent jackpot wins include one million dollars won by a person while participating in a Fabulous Fortune scratch-off game from the famous Massachusetts State Lottery. The ticket was confirmed to be the winner on May 28. It was bought at a Liquor Mart Store which is located in Attleboro, Massachusetts.

Additionally, in Saugus, a lucky ticket holder struck gold with a $100,000 win from Alltown, thanks to the $100,000 Power Shot scratch-off game.

Meanwhile, a computer programmer from Laurel, Maryland, unexpectedly won $100,000 with a Money Drop scratch-off ticket bought on a whim from a local gas station.

The Illinois Lottery’s Ultimate Diamond Jackpot has soared to $1.6 million, offering the next winner millionaire status and the title of securing the biggest Fast Play jackpot in the state’s history.

In Australia, a NSW lotto winner plans to continue working despite winning an AUD13 million ($8.6 million) jackpot, intending to support family and invest in his business.

On a gaming note, a Bitcasino player’s consistent play on Gates of Bitcasino led to three consecutive $5 million USDT wins in the same week, showcasing the rewards of perseverance and luck in the virtual realm.

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Vermont Betting Windfall to Miss the Mark – For the Better

admin — Sat, 03 Feb 2024 06:46:09 +0000

This is not necessarily bad, as Gov. Phil Scott now anticipates seeing much more significant revenue from sports gambling than initially thought. Uptake has been strong in the weeks since January 11, 2024, when the activity got underway with an appetite for placing a wager soaring in The Green Mountain State.

Bigger Buck for a Minnow State

Vermont is also a small state and a minnow by any meaningful standard, but an early estimate of $1 million in tax revenue from sports gambling may be a little short of the actual figure, which hews closer to $3 million based on updated figures by state officials.

“They believe that six months of this fiscal year will produce a bit more revenue than we had originally forecast,” Adam Greshin of the Budget and Finance Committee said. The state’s sports betting state is rather barren split between DraftKings, FanDuel, and Fanatics being the three licensed entities in the state.

BetMGM and ESPN Bet did not gain admittance into the state just yet, and only three candidates have been chosen. They are unlikely to do so any time soon, as Vermont has only wants three licenses running for the time being. Just like revenue expectations, though, this may change. Vermont is also benefiting from initial licensing fees, which cost operators $500,000 along with a fee that decreases annually per operator. The gambling age is 21 and the collectible tax is 20%.

In the meantime, affiliate betting companies have too entered the market, with Catena Media determined to maintain a healthy presence locally.

Sports Buffs All Over Vermont

The adjusted projections in terms of sports betting tax come against an interesting backdrop. Vermont, for example, does not have an official professional sports team, but locals are passionate sports fans all the same, supporting many prominent franchises, including the Patriots, the Celtics and Bruins, the Red Sox, and others.

Vermont has been able to launch sports gambling just in time for the Super Bowl, the NFL Playoffs, and ahead of March Madness which is due to commence in several weeks.

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Koin and Marker Trax Onboard Mark D. Hemmerle as Chief Legal Officer

admin — Wed, 20 Dec 2023 14:53:28 +0000

Pioneering cashless payment innovators Koin and Marker Trax have appointed veteran legal counsel Mark D. Hemmerle as their new Chief Legal Officer. Hemmerle’s extensive executive experience marks a strategic move for both companies in furthering their market presence as they aim to expand their presence in new markets while retaining their trademark reliability and forward-thinking approach.

The Two Companies Strive for Enduring Success

Koin and Marker Trax are helmed by CEO Gary Ellis and offer innovative payment services primarily targeting the gambling sector. Koin boasts an extensive digital payments ecosystem, simplifying payment and cash-out activities. Meanwhile, Marker Trax introduces a cashless, regulatory-compliant casino marker technology, aiming to streamline issuing advances as it empowers casinos with efficient credit underwriting and repayments.

Hemmerle’s expertise at the intersection of emerging technologies and compliance aligns seamlessly with the companies’ dedication to revolutionizing cashless payments. His addition to the leadership promises to guide Koin and Marker Trax as they spearhead advancements in the gaming industry, particularly in deploying their B2C brand Moolah Play, and advancing cashless casino credit solutions.

Mark’s unique combination of gaming expertise and legal acumen makes him a key figure in guiding our company through this phase of exceptional growth.

Charlie Skinner, Marker Trax President

Koin and Marker Trax experienced substantial expansion in 2023, penetrating new markets like Philadelphia and Northern Nevada with their cashless credit and digital wallet solutions. The July partnership with Graton Casino & Resort highlighted the success of Marker Trax’s product as a sound way to ensure growth and sustainability within the gaming industry.

Hemmerle Is Well-Versed in Solving Compliance Challenges

Before joining Koin and Marker Trax, Hemmerle was the VP of Gaming and compliance Counsel at Shift4 Payments, another leader in commerce-enabling technology. He also boasts significant expertise within the gambling sector, working for high-profile casinos and providing consulting services. Hemmerle’s understanding of the industry makes him an invaluable addition as Koin and Marker Trax seek to partner with leading operators.

A June collaboration between Koin and prominent casino management technology company Table Trac demonstrated the necessity for somebody of Hemmerle’s caliber as it significantly expanded the company’s reach. The US presents a very challenging landscape, as keeping up with shifting regulatory requirements in each state demands a particular set of talents that is hard to come by.

The strategic hiring of Hemmerle signals a seamless transition into 2024, ensuring operational efficiency and sustained growth as Koin and Marker Trax seek to maintain momentum and secure new partnerships. His addition will foster continued innovation, marking a significant stride toward revolutionizing cashless payments in the gaming industry.

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Mark Cuban Rooting for Resort-Style Gambling in Texas

admin — Sat, 04 Nov 2023 02:04:04 +0000

The owner of the Dallas Mavericks and ABC’s Shark Tank, Mark Cuban, has once again proven his unwavering support for the legalization of casino gambling by expressing his desire for lawmakers to consider legalizing resort-style gambling in the state.

Earlier this year, in May, the billionaire who is known for being one of the Lone Star State’s most prominent long-time casino proponents said the introduction of casinos would turn it into an excellent destination for tourists while significantly boosting its economic profile.

In December 2022, Cuban also expressed his ambitious plans to turn the Dallas Mavericks Arena into a Vegas-style destination by changing its current American Airlines Center headquarters to a much larger and more appealing venue.

“Resort Gaming Would Have a Huge Impact” on Tourism

Over the years, the Shark Tank investor who has committed to the 16th season of the iconic show, has been striving to bring some important changes to the way Texas is perceived by tourists.

Namely, Cuban argued that when someone is thinking of all the places they would like to save up for an upcoming vacation, “Texas isn’t one of them”.

He added that the state does not represent a genuine travel destination that someone would be willing to pay for, an issue that could find a quick fix with the help of resort gaming. In his opinion, this would draw in more people due to the fresh amenities and the potentially Vegas-style atmosphere.

In 2022, the businessman who is also a film producer and investor with a net worth estimated at over $5.1 billion, spoke about his vision to partner with Las Vegas Sands and build a new arena for the National Baseball Association team “in the middle of a resort and casino”.

Hope for a Brighter Future

In spite of the Texas House shutting down the legislation that would have given the green light for casino resorts as envisioned by him, Cuban has not lost all hope for the future.

This April, he invested $18.5 million into the American Airlines Center for the purchase of new seats and video boards. The center, which Cuban called “a great sports town” for sports aficionados, represents the Dallas area’s Premier Sports and Entertainment arena.

The center is also home to the National Hockey League’s Dallas Stars and NBA’s Dallas Mavericks.

For the time being, Cuban will remain focused on the growth of his company, Cost Plus Drugs, which focuses on disrupting big pharma. Earlier this week, he held a speech in front of hundreds of business owners at Chase’s Make Your Move Summit in Frisco, where he strongly encouraged entrepreneurship while he explained his path to success.

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Light & Wonder Names Dr Mark Yoseloff Table Games Consultant

admin — Sat, 07 Oct 2023 03:09:58 +0000

The leading cross-platform games and entertainment company, formerly known as Scientific Games Corporation, Light & Wonder, confirmed it engaged in a new collaboration, strengthening its C-suite with the addition of an important expert. On Thursday, the company revealed it selected Dr Mark Yoseloff as its new consultant. Joining Light & Wonder for this position the former CEO and chairman of Shuffle Master is expected to play a key role in the development of the company’s Global Table Games business.

He will provide strategic advice and guidance, helping to brainstorm new ideas. Moreover, Yoseloff will play an important role in the development of new products, design features and strategic initiatives that seek to propel the growth of Light & Wonder. One of his ongoing focuses would be the development of cross-platform content as well as Electronic Table Games and Felt-Based Table Games.

According to Light & Wonder, a new game developed with vital guidance from Yoseloff is expected to debut at the upcoming 2023 Global Gaming Expo. The prestigious and much-anticipated event for the gambling industry is scheduled to take place in Las Vegas between October 10 and October 13, 2023. The upcoming title would feature DIAMOND MILLIONS, a new progressive theme that grants players a chance to secure a multi-million-dollar jackpot with a wager as small as $5.

The Former Shuffle Master Executive Is Delighted to Team up with Light & Wonder

Sharing his excitement, Yoseloff said that he is delighted to collaborate with Light & Wonder for the development of its products. He explained that the company is focused on constantly improving the experiences of its players through innovation. Finally, Yoseloff said he is looking forward to the success of the new games and solutions from Light & Wonder.

“I have been impressed by Light & Wonder’s management team and am thrilled to work with the team and contribute to the Company’s legacy of innovation within the gaming industry and the shuffler and utility space.“

Dr Mark Yoseloff, consultant for Light & Wonder

Mike McKiski, Light & Wonder’s SVP of Global Table Games, was similarly excited regarding the new collaboration. He acknowledged Yoseloff’s extensive experience and track record. Last but not least, McKiski predicted that the new consultant will play a vital role in the development of the company’s products that are going to elevate the experience for the players.

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Elon Musk vs. Mark Zuckerberg MMA Odds, Time, and Prediction

admin — Sat, 24 Jun 2023 17:00:09 +0000

In a recent interview with MZ Sports, UFC boss Dana White confirmed that the two billionaires aren’t joking about their MMA fight. He claims that he’s been talking with both Mark Zuckerberg and Elon Musk about setting up a fight.

So, how did the two get the idea to fight in the first place? It all started with a seemingly harmless tweet by the Twitter owner, who commented on Zuckerberg’s company Meta and its new social media project “Threads.” A user joked that Musk should take it easy with Zuckerberg as the Facebook creator knows jiu-jitsu, to which the South African billionaire replied, “I’m up for a cage match if he is lol.”

One would’ve thought that the talk about the Zuckerberg vs. Musk fight would end there, but no. Instead, Zuckerberg decided to get involved, posting a picture of Musk’s tweet on Instagram with a caption saying, “Send me location.” And he did! Musk replied: “Vegas Octagon,” suggesting that he wants to fight under MMA rules in Las Vegas.

Zuckerberg vs. Musk MMA Odds

Moneyline	Odds
Mark Zuckerberg	-160
Elon Musk	+140

*Odds taken from DraftKings on Friday, June 23, 2023.

When, Where, and How to Watch?

Place: Las Vegas
Date: Sometime in 2023 or 2024
Time: n/a
How to Watch: UFC Fight Pass (probably)

It’s Obvious Why Musk is the Betting Underdog

Elon Musk is 12 years older than his social media rival and is not famous for his athleticism. He’s a couple of inches taller than Zuckerberg, but he also weighs almost 25 pounds more. Unfortunately for him, those pounds do not come from muscle mass but from fat.

One advantage he might have over his American rival is that he’s got some experience with karate and taekwondo, which, by default, should make him a better striker than Zuckerberg who’s all about grappling.

Joe Rogan Thinks Zuckerberg is Actually Pretty Good at BJJ

Mark Zuckerberg is a self-professed aficionado of Brazilian jiu-jitsu who’s been practising this martial art for years. He took part in a couple of tournaments, even winning two medals as revealed on Joe Rogan’s podcast.

Zuckerberg also has some experience with kickboxing, with his training footage being praised by UFC legends like Conor McGregor, Michael Bisping, and others.

He also looks ripped and being 12 years Musk’s junior means that he probably has a much superior gas tank than his nemesis.

Musk vs. Zuckerberg MMA Prediction

My Elon Musk vs. Mark Zuckerberg prediction is that it’s not going to happen. But if it does come to fruition, Zuckerberg is going to win easily. He’s younger, stronger, faster, and most importantly, way more skillful than Musk in terms of martial arts. In fact, he’s so superior to Musk that I think he’d finish him easily in round 1.

Pick: Mark Zuckerberg to win by submission in round 1

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Mark Cuban Says Casinos Would Transform Texas into Desirable Destination

admin — Fri, 19 May 2023 22:49:19 +0000

According to Mark Cuban, one of the most prominent Shark Tank personalities and a billionaire, the arrival of integrated casino resorts in Texas would have a significant impact on the state’s tourism profile and significantly boost the state’s economic profile.

Making Texas a Tourism-Worthy Destination

Many companies have already shown interest in bringing their operations to bear in the state, including Las Vegas Sands, which has been lobbying to convince legislators of the validity of why bringing a casino resort would make a lot of sense.

Cuban, though, sees in the arrival of potential casino resorts the opportunity to transform the leisure travel and hospitality industries in the state, and give them a significant boost. Cuban spoke to The Dallas Morning News, a prominent media outlet, and spoke about what he saw as a major problem.

He argued that many people in Texas now had to save up for a trip to go to another state and try the experiences that a casino resort could bring right in their backyard. He acknowledged that fears about potential societal ills stemming from gambling were not to be overlooked and called it “a hook.”

However, he remains confident that there is actual value in turning Texas into one of those destination states where people from all over the country would be willing to save up for to visit and enjoy many of its facilities.

Legislative Efforts Coming Short of Supermajority

To get there, though, the state would need the right legislative framework in place. Efforts to push a form of commercial casino gambling and see Texas join one of the dozens of states in the United States that offer this service seem to be dead this legislative session with a bill backed by Rep. Charlie Geren falling through and dashing those hopes.

Geren’s House Joint Resolution managed to secure 92 votes in support of moving forward with the matter, but it fell short of the required 100-vote threshold to make it happen. Cuban has expressed his disappointment and said that the state needs to do more so that Texas can truly become a tourism beacon and attract more visitors.

Joint Resolution 155 did demonstrate changing attitudes towards commercial gambling in the state in general, proving that there is significant interest in the addition of casino resort gambling. The rub is that in order to pass any such changes, the state would need to still alter its constitution which requires a super majority and hence why Joint Resolution 155 missed the mark.

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Snooker Player Mark King Suspended over Match-Fixing Suspicion

admin — Mon, 20 Mar 2023 06:32:25 +0000

The latest player to be named is also the first British player, Mark King, who has been suspended over a game he played against Joe Perry and lost 4-0 in February at the Welsh Open

King Becomes First British Player Suspended in Recent Match-Fixing Case

King’s name is lumped together for the time being with that of 10 Chinse players who are also facing match-fixing charges and other offenses. His suspension comes with an official confirmation by the World Professional Billiards and Snooker Association (WPBSA) which released a statement on the matter.

According to the press release, the organization’s chairman, Jason Ferguson, has made a decision to suspend King from attending or participating in the World Snooker Tour with immediate effect. The suspension announcement also came with a clarification:

The suspension will remain in place until the conclusion of the investigation or any subsequent charges that may or may not be brought.

WPBSA statement

Perry, though, has not been accused of wrongdoing and said that he was surprised to hear that the WPBSA would open an investigation. In his opinion, King was simply having a bad day at the table, not so much losing on purpose.

He further added that like any top-ranking player, King is prone to have his good and bad days. Perry said that he himself had bad streaks and found it hard to rally from some of those. However Perry noted that King did have a gambling addiction, but to the best of his knowledge, the man had been able to keep it at bay and stay away from gambling.

Every Player Has Their Bad and Awful Days

“I hope it comes to nothing, I hope it’s just a coincidence and it comes to nothing. I’d hate to see any truth in it,” he concluded. The first reports of suspended players began at the start of the year, with a number of Chinese players named in the first offenses. Their numbers have since swelled to 10 suspects.

While King may have been involved in some strange betting patterns, this does not mean that the man did anything purposefully. There is no clear statement as to how King would have even known the other players and what he would have done to connect with match-fixers in the first place. All of this will be answered during the investigation.

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Amelco’s Mark Hill: “March Madness is Going to Drive Excellent Turnover”

admin — Thu, 09 Mar 2023 10:12:17 +0000

Core pricing itself tends to be relatively straightforward as the market has matured over the course of the NCAA season where all 68 teams entering the bracket will have clocked up over 30 games. This is a decent sample size when you consider the NFL regular season is just 17 games! Coaching tendencies are known, and line-ups and rotations are settled but of course, everyone loves the underdog story and the big upsets when variance comes to play. Last year, it was St. Peter’s that became the giant killer after their unexpected run and undoubtedly, we’ll see other low seeds progress in 2023 to capture the public’s imagination once again.

Q: Do you expect March Madness to match, or even exceed, the betting activity we saw in last month’s Super Bowl?

The Super Bowl was a huge success for Amelco as we notched up a record handle. As a platform provider and trading floor, we are benefitting from new product rollouts, new integrations, and market access in a number of new states compared to the previous year. We expect that promising business to carry over into March Madness with this iteration of the big tournament set to be far and away our biggest yet.

Q: Will the expected high volumes be a driver for more States to encourage legalised sports betting?

We enter the 2023 tournament as a licenced platform provider in 17 states with eyes set on further expansion in the year ahead. Our sportsbook partners operate across a wide variety of regulated states, competing with the ‘big boys’ in mass markets such as Colorado, Michigan and New Jersey through to a more localised landscape in the likes of Arkansas and Wyoming. There hasn’t been an optimised ‘one size fits all’ approach from a regulator yet. Those states who are nearing legalisation, but have sat on the sidelines so far, will have observed the sizeable tax benefits and varying degrees of success that the existing models from other states have provided. This has to have an underlying appeal that should see more states become legalised as we move further into 2023 and beyond.

Q: As mobile betting grows in popularity, can we expect that to become the pre-eminent method of sports betting in the US for the foreseeable future?

Online mobile growth is far exceeding that of the land-based model. However, there is room and merit for both to grow side-by-side. We have seen impressive retail numbers at launch for Fanatics at FedEx Field whilst our more traditional casino and hotel-based business continues to boom. At Amelco, we pride ourselves on developing both mediums at a fast pace to keep up with the latest industry demands and requirements. In-person wagering and enjoying the company of others will always trump sitting alone betting on an app while taking in marquee events and tournaments. We saw record retail numbers during the soccer World Cup and the Super Bowl and we now expect that to continue into March Madness.

Q: With both the Super Bowl and March Madness in a small time period, how can sports bettors remain engaged in the lull period after these events?

There is no shortage of action after March Madness concludes. The NBA and NHL playoffs get underway at the conclusion of tournament play in the NCAA, whilst we have tennis and golf Majors to look forward to as well. In soccer, there looks set to be an exciting end to the EPL, Champions League and other major leagues globally in May and June and the MLB season will have also ramped up. Away from the sporting field, there are one-off events such as the NFL draft that continue to grow in popularity from a wagering perspective year-on-year. Traditionally, the summer months are seen as downtime for operators and bettors alike but we’re optimistic about capturing and maintaining business during this period with competitive and diverse offerings across multiple sports.

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