iGaming Weekly | May. 26, 2024
Dive in to this weeks iGaming recap, with new partnerships, new games, lots of news and more!
With crypto being recognised as an important voter issue, longer-term sentiment has certainly shifted to being positive. Compared to last week, the overall industry deposit volume on Ethereum is up 10% to $263.8M. This could well be the start of a fruitful 2024, with more retail participants entering crypto generally (seen by Phantom being one of the top apps in the App Store), it's expected a % of these participants will filter through to casinos.
Industry Overview
Casino News
- Duelbits has partnered with Verdict, a MMA scoring platform, showing a further push by them into the combat fighting space.
- Metawin experienced a minor exploit in their deposit/withdraw system, costing them around $100,000 USD.
- ClashGG has shipped a new UI for their Case Battles in addition to purchasing CSGOBackpack, an inventory worth calculator.
- 500 has released a Daily Case, where based on 30-day activity users can claim a case once every 24 hours.
Traditional Gaming
- BetMGM has partnered with the Associated Press (AP) to be it's official odds partner.
- Caesars and the World Series of Poker have partnered to create an online real-money poker platform, pooling liquidity across Michigan, Nevada and New Jersey.
- DraftKings has completed the acquisition of Jackpocket, a digital lottery app for the United States.
Decentralised Casinos
- WINR has released a roadmap of features coming soon including a sportsbook, a memecoin casino with custom features, and prediction markets.
- In addition to this, over 8% of the max WINR supply has been burned. This leaves their remaining float at 71% which the community seems to approve of.
Aggregators & Providers
- Push Gaming has expanded further into Europe, partnering with German iGaming arm Jokerstar.
- BGaming is also taking strides in Europe, linking up with Skywind Group, a partnership that expands their presence in Romania.
- SoftSwiss has released their social casino insights report, with most players playing between 4pm-9pm UTC on Fridays and Saturdays.
New Releases
- Pragmatic: Starlight Princess Pachi, Heroic Spins
- No Limit: Loner
- Relax: Line Busters Dream Drop, Trigger Happy, Honey Hunters
- BGaming: Panda Luck
Upcoming Releases
- Pragmatic: Big Bass Bonanza: Reel Action, Revenge of Loki Megaways
- No Limit: Deadwood R.I.P, Beheaded
- Hacksaw: Cursed Crypt
Miscellaneous
- The Ethereum ETF applications were accepted by the SEC this week.
- United States presidential candidate Donald Trump has expressed his positive position on cryptocurrency, even accepting crypto donations to his campaign this time.
- ZachXBT has released a list of bitcoin addresses related to the Lazarus Group hacks, which hold approximately $61.8 million USD.
- Atlantic City seems to be taking massive strides for a comeback, with revitalization efforts from all casinos paying off so far in 2024.
Did we miss something?
- If we missed something, join our discord community to let us know for next time.
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