iGaming Weekly | Aug. 19, 2024

With a fairly uneventful week in crypto, the gambling industry continues to capture more attention and operators compete to grab market share. Let's dive into this week's iGaming news!

Industry Overview

Casino News

• The Metawin Summer Sizzler has ended, with the winner being awarded $250,000 USD!
• 500 has rebranded and dropped a new giveaway, with users on X who have their profile picture being awarded up to $1,000 at random.
• Roobet has signed popular slots streamer Outlaw.
• Cases gg has launched, another site into the portfolio of Clash gg.
• Cloudbet have released their new UI, bringing a fresh look to the site.

Traditional Gaming

• The Caesars hotel Paris Las Vegas has celebrated 25 years of operation, with various specials and celebrations happening now until mid September.
• United States Commercial Gaming revenue totalled to $17.63 billion in Q2 2024, extending the growth streak 14 quarters straight.
• BetMGM has announced plans to move into the new Brazilian market, aiming to open in 2025.

Decentralised Casinos

• YOLO has released their liquidity pool stats for the past two months, with providers having earned 1,000 ETH!
• Sonic Labs has announced Andre Cronje as their new CTO.

Aggregators & Providers

• Pragmatic has expanded further into Latin America, partnering with Betxico.
• Hacksaw has partnered with BetMGM in the United States, offering their slots to new clients in New Jersey and Michigan.
• BGaming has partnered with BlueOcean Gaming to further expand into Europe.

Miscellaneous

• Blackrock has overtaken Grayscale in the race for the Largest AUM of Listed Crypto Products.
• Morgan Stanley has disclosed that they own over $188 million USD in BlackRock’s iShares Bitcoin Trust.
• Coinbase has announced a new Wrapped Bitcoin on the Base Network, cbBTC.

New Releases

• Pragmatic: Hot to Burn: 7 Deadly Free Spins
• Hacksaw: Donny Dough
• BGaming: Catch the Gold: Hold and Win

Upcoming Releases

• Hacksaw: Octo Attack
• NoLimit: Stockholm Syndrome, Skate or Die
• Push: Big Bam-book

Did we miss something?

• If we missed something, join our discord community to let us know for next time.
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