Welcome to our weekly roundup of American gambling news again! Here, we are going through the weekly highlights of the American gambling industry which include the latest news and new partnerships. Read on and get updated.

Latest News

Greenlite Ventures Inc. has announced the signing of a Reorganisation Agreement with No Limit Technology Holdings Inc. (No Limit), a company involved in the sports betting and cryptocurrency markets. The agreement has been submitted to FINRA pursuant to its company-related action review process. Once the review is concluded, and FINRA advises the company that no further action is required, the acquisition will be deemed closed.

Penn Entertainment plans to lay off about 100 employees as it focuses on growth for ESPN Bet. CEO Jay Snowden told staff members in an internal email that the changes will enhance operational efficiencies following its 2021 acquisition of Canadian media and gaming powerhouse theScore. The company employs about 20,000 people.

bet365 announced its official launch in the commonwealth of Pennsylvania with the introduction of its award-winning Sportsbook and Casino, in a partnership with Presque Isle Downs Casino. The Keystone State becomes the 11th state in bet365’s US expansion and joins Arizona, Colorado, Iowa, Indiana, Kentucky, Louisiana, New Jersey, North Carolina, Ohio and Virginia.

DoubleDown Interactive, a leading developer and publisher of digital games on mobile and web-based platforms, announced a $10,000 donation to the ASPCA (The American Society for the Prevention of Cruelty to Animals) in support of its mission to prevent cruelty to dogs, cats, equines and farm animals throughout the US.

The BSA-AML Compliance Group announced that Carole House, White House National Security Council (NSC) Special Advisor for Cybersecurity and Critical Infrastructure, will deliver a keynote address at the Annual BSA-AML Gaming Conference on Thursday, August 15, at Caesars Palace Las Vegas.

DraftKings Inc. has announced its intention to launch its top-rated online sportsbook in Washington D.C., pending licensure and regulatory approvals. The expected arrival into the nation’s capital follows a market access agreement with D.C. United, which would pave the way for the digital sports entertainment and gaming company to operate in The District of Columbia.

Partnerships

DraftKings has become an official sports betting and daily fantasy partner of the WNBA. As per the deal, DraftKings will receive rights to league and collecting team intellectual property, access to marketing, activation and hospitality opportunities around tentpole WNBA events, and the ability to utilise official league data feeds to support the gameplay experience for fans.

REEVO, a pioneering B2B content and aggregation platform in the iGaming sector, has announced a strategic partnership with Vibra Solutions. REEVO views this partnership as a significant step towards enhancing its market presence in Latin America. By leveraging Vibra Solutions’ expertise and regional insights, REEVO aims to broaden its reach and deliver unparalleled value to operators across the region.

Light & Wonder Inc. announced that the Oregon Lottery has purchased more than 1200 additional Video Lottery Terminals (VLT). This comes less than a year after the Oregon Lottery purchased 1175 VLTs following the successful trial phase in the state. The gaming machines will house diverse player-favourite games such as BLAZING HOT CELEBRATIONS, LIGHTNING TUSKS, AMERICAN ORIGINAL, BIER HAUS, AMERICAN ORIGINAL STARS & BARS, QUICK HIT MONEY WHEEL, TREASURE FRUITS, FLUSH FRENZY Poker and more.

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