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Virtual Sports popular with land casino operators
Thursday May 12,2016 : VIRTUAL SPORTS MAKING AN IMPACT IN THE STATES
Innovative European betting vertical is proving popular with land casino operators.
Betting on computer simulated competitions in sports like horse and greyhound racing, football and cycling - generically titled virtual sports - is proving increasingly popular with US land casino operators, with Atlantic City's Golden Nugget the latest to contract the Inspired group's products, and the Tropikana taking similar horse racing products from Slovenia-based Alfastreet
Players have access a wide range of information on the contestants in order to help them select what they hope will be a winner, but the games are algorithmically controlled, with outcomes determined through the random-number generation model developed for online gambling.
The software engines driving the game are clad in modern cinematic-quality graphics with sound effects to create the appropriate environmental ambience for the player.
This week Golden Nugget VP for online gaming, Thomas Winter, told the Press of Atlantic City that virtual sports presentations tend to be short - between 30 seconds and 2 minutes - and concentrate on the highlights of a particular race or match, with state law requirements imposing a minimum return to player percentage of 83 percent (because the games are RNG-driven they are not classified as skill games).
He said that the company hopes to launch virtual sports betting in July or August this year once it has received the green light from the New Jersey Division of Gaming Enforcement
UK virtual sports supplier Inspired is watching New Jersey developments with interest, seeing a significant potential market in the United States. The company claims it has virtual products in over 50,000 land-based venues across the globe.
The head of the North American division of Paddy Power-Betfair, Eamonn Toland, shares Inspired’s enthusiasm, commenting that virtual racing is particularly popular in his company's 600 betting shops throughout the UK and Ireland, and that the product is a revenue driver for operators of retail sports books, allowing them to “fill in the gaps between actual races.”
Gambling News :
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The OSS Cub3d is Americas Cardroom’s 3-part tournament series. It features the Mini Online Super Series (MOSS), the now-underway Online Super Series (OSS), and the upcoming Bigger Online Super Series (BOSS).
New Quick Seat feature at Ignition Poker -
New Quick Seat feature at Ignition Poker.In order to ensure our poker players’ user experience is even more seamless, we’ve introduced a new feature in our poker software called Quick Seat for both Ignition Poker.
Finnish people prefer the government to run the casinos -
Nordic countries have been, historically, the main markets for the online casino operators. The reasons for this are rather clear - these countries are very cold and people simply prefer to stay home and gamble than go outside to visit a casino.
NBA Odds: Chalk-Heavy Warriors Host Portland for Game 2 -
The Golden State Warriors needed a strong fourth quarter to put away the Portland Trail Blazers on Sunday. But they still didn’t cover as 15-point home favourites in a 121-109 victory. Can they do better this Wednesday (10:30 PM ET, TNT) in Game 2 of their first-round playoff series?
Caesar’s Triumph Slot Launches -
Caesar’s Triumph is new slot at Bovada that features the Roman dictator in all his glory. The action takes place on five reels where you’ll find 20 paylines and plenty of ways to spin your way to victory.
NHL Odds: Pacific Division Foes Face Off in Edmonton -
The Edmonton Oilers will attempt to defend their home ice advantage this Friday (10:30 PM ET on Sportsnet) against the San Jose Sharks. The Oilers (47-26-9) finished second in the Pacific, while the Sharks (46-29-7) finished third, but only four points behind their First Round foes.
Bingo Cataratas Offers Unique Spin on Classic bingo -
Bingo Cataratas (Spanish for waterfalls) is changing the way people think about bingo according to Bovada. Just because bingo is a classic with a huge following, doesn’t mean it can’t be spiced up with a fresh new format. Bingo Cataratas has the basic structure of bingo, but also has an “extra ball” feature and a bonus mini game.
NBA Odds: Hawks-Pacers in Regular-Season Finale -
Depending on the results of Game No. 81, Wednesday’s regular-season finale (8 PM ET, ESPN) between the Atlanta Hawks and Indiana Pacers could decide whether Indiana reaches the postseason. It could also give the Pacers a higher seed than Atlanta in the Eastern Conference playoffs.
Microgaming April 2017 new games -
Cool Buck and Mega Money Multiplier go live on Wednesday 5 April 2017. Both are available to Microgaming and Quickfire operators on desktop and mobile and come with in-game achievements and free games.
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