Online Casino

New Hampshire Online Betting Market Explained

February 21, 2024 William Mcmaster

In recent years, the US has changed its stance towards sports betting as well as other forms of gambling, allowing states across the country to write their own laws. Since 2018, lots of states have now moved to legalize betting, and there are growing numbers of Americans who now get access to online wagering as well as playing casino games. The Granite State is a relatively recent addition to the growing list of states which have legalized some form of gambling.

The Granite State legalized gambling on sports in 2019, with both retail and internet sportsbooks allowed to operate in the area from that point onwards. The state does allow some other forms of real money staking, but there are some restrictions, especially when it comes to online wagering. Find out all the details on NH betting below.

Which Forms of Betting Are Allowed in New Hampshire?

New Hampshire legalized daily fantasy sports back in 2017, and in 2019, the state also agreed to legalize sports wagering. Governor Chris Sununu signed both into law, allowing fantasy sports as well as online and in-person sports betting. 2019 saw things happening quickly for Granite State gambling, and it wasn’t long before sportsbooks were popping up across the state and launching on the web and on mobiles.

Aside from sports betting, New Hampshire does allow other forms of gaming, although there are lots of conditions in place. Locations throughout the state can apply for a license to become charitable casinos, where table and card games are provided. However, any form of casino gambling involving a machine is banned, so slots are out of the question. Horse race betting is also permitted at a single location in NH.

Betting Restrictions in New Hampshire

In the Granite State, the gambling industry is controlled by the New Hampshire State Lottery, and any site or location must obtain a license before it can offer real money wagering. Since legal sports bets launched in NH, several sites, including DraftKings, have launched. For any form of gambling other than the lottery, players must be at least 21 years old to place a bet.

For online wagering, anyone can sign up and register at a licensed sportsbook provided they’re of age, but they’ll need to be within the borders of the state to place a bet. All sportsbooks will verify the UD and location of each user before they can bet real cash,

New Hampshire Online Betting FAQ

Are Online Sportsbooks Legal in New Hampshire?

Yes, online sportsbooks are now legal in NH, and players can sign up to start betting at DraftKings and other sites.

Are Online Casinos Legal in New Hampshire?

No, online casinos aren’t currently legal, and there doesn’t appear to be any plans to change that.

Are Poker Sites Legal in New Hampshire?

Online poker isn’t legal in New Hampshire, but players can join real poker tables at charitable casinos across the state.

Sources:

Your Weekly Best New Slots | Week 25 / June 21 – 27, 2021

February 21, 2024 William Mcmaster

New Slots To Be Released on Week 25 of 2021

Each week, we go through newly released slots and compile a list of the best ones for you. Whether you’re a newbie or a veteran in the online casino space, you must be able to recognize and differentiate new releases based on their unique features. It could be the difference between a pleasant experience and one that’s time -and money- wasting. Our exclusive list of new slots helps you narrow down the sometimes overwhelming new releases and settle on the ones that will be worth your time.

In week 25 of 2021, the biggest casino software providers have come up with creative ways to offer casino lovers slots that are equally immersive and rewarding. Different people have different online gaming preferences, so variety is key; that variety is evident with the newest released slots for this week. It’s time to find out more about them.

5 New Slots To Check Out

Our selection of the best new slots for this week is from Relax Gaming, Microgaming, Yggdrasil, Pragmatic Play, and Red Tiger Gaming. We analyzed these slots based on their volatility, return to player, bonus offers, graphics, bet range, and some other special features that online casino players look out for. Now let’s run through these new slots and find out which one’s just ideal for you.

Spirit of the Beast – Relax Gaming

This animal-themed slot from multi-national software provider Relax Gaming will leave you impressed with its remarkable visuals – the beautiful blue skies and tranquil scenery of the Native American encampment that adorns its backdrop is an instant hit. The slot serves up the best that North American wildlife has to offer, with bears, buffalo, eagles, and horses parading across the reels. It also comes with an eerie soundtrack which helps complete the Native American spirit feel.

Released on June 22, Spirit of the Beast comes with a standard 5-reel, 3-row layout, and 15 paylines, along with an above-average return to player of 96.52%. The slot is of high variance, meaning that you have to wait for the free spins to come around to make bigger wins. A bet range of 0.1 – 80 ensures that this game caters to budget gamers and medium-high rollers.

The reels are fixed into a carved wooden frame and they feature regular playing card suit symbols. Higher paying symbols include the buffalo, bear, eagle, horse, and wolf. The gold totem Wild can land anywhere across the five reels and when it does, it replaces every regular symbol.

Summon the Spirit of the Beast when the Spirit Summoner bonus round is triggered on any random spin. During this feature, one high-value symbol is chosen and stacked across the reels as all other symbols are removed, allowing you some rewarding action on a high-paying symbol.

The Mighty Multiplier bonus round is triggered when you land the bonus symbols on the three middle reels. During this round, 6 separate spherical meters appear on top of the reels, each divided into five parts. The six meters represent each Native American wild animal and the gold totem Wild. You are awarded 12 free spins, and each time you land a complete stack of a wild animal, one part of the meter representing that symbol fills up. If you manage to fill up all five parts of the meter, you get the multiplier for that symbol, up to a whopping maximum payout of 10,000x. The multipliers are:

Wolf Multiplier: 20X
Horse Multiplier: 50X
Eagle Multiplier: 100X
Bear Multiplier: 300X
Bull Multiplier: 1000X
Wild Multiplier: 10,000X

Number of Paylines: 15	RTP: 96.52%
Min Bet: 0.1	Max Bet: 80
Max Payout 10,000X	Software Provider: Relax Gaming

Immortal Romance: Mega Moolah

You’d be right if you considered Microgaming’s Immortal Romance: Mega Moolah the progressive jackpot version of the original slot. The slot is indeed a spinoff of the hugely popular vampire-themed Immortal Romance slot. Both pack pretty much the same format and features, except for one crucial difference – the latter release comes with the promise of a gigantic payout in the form of the Mega Moolah jackpot.

Like the original slot, the action on this slot takes place across a 5-reel, 3-row layout, with 243 active paylines. Immortal Romance Mega Moolah comes with an RTP of 93.4%.

Low paying symbols include the standard card royal symbols, from A to 9. Symbols on the opposite end of the value spectrum are candles, a haunted house, and the characters: Amber, Troy, Micheal, and Sarah. At 16.66x your stake for five on a payline, Sarah is the slot’s highest paying symbol. The Immortal Romance logo is the Wild symbol.

When the Wild Desire feature is triggered, the reels become filled with wilds, offering a potential payout of 12,150x your stake. The Mega Moolah jackpot is a part of the famous Microgaming progressive jackpot network and it triggers randomly on any spin. Players are allowed to spin a wheel that could land any of the Mini, Minor, Major or Mega jackpot, with each offering different starting amounts:

Mini: $10
Minor: $100
Major: $10,000
Mega: $1 million.

Number of Paylines: 243	RTP: 93.4%
Min Bet: 0.3	Max Bet: 6
Max Payout 12,150X	Software Provider: Microgaming

Suncatcher Gigablox

Built around a 5×3 layout, Yggdrasil’s Suncatcher Gigablox is set to be the newest installment in the Gigablox slot series. The slot comes with 10 active paylines and a Return to player of 96%. What sets Suncatcher apart from previous releases in the Gigablox series is its low-to-medium volatility, which makes it better-suited for players who are searching for a laid-back, low-risk experience. With a maximum win of $715,000, however, the slot remains very rewarding.

Yggdrasil’s unique Gigablox mechanics is on show here. Every time you spin, the reels become synced and large blocks of symbols are formed. Sometimes the blocks are 2X2, but bigger blocks appear now and then to reward players with larger wins. Wins on this slot can be formed either from left to right or right to left.

One thing to watch out for is the Suncatcher special diamond wild symbol which can appear on any of the five reels. When it appears, the diamond expands and then sticks to the reel it landed on, granting you a free re-spin in the process. If you land another wild on the re-spin, it also expands and sticks to the reels, and you are awarded another re-spin. This goes on until all the reels are filled.

Number of Paylines: 10	RTP: 96%
Min Bet: 0.1	Max Bet: 500
Max Payout 1,430X	Software Provider: Yggdrasil

Book of Vikings

Pragmatic Play’s Norse mythology-inspired Book of Vikings slot is set in a Fjord-esque environment lined with towering mountains and the famous Viking longships. With its high volatility and variable RTP, the slot maintains some similarities to others in the ‘Book of’ series. It also offers a standard layout of five reels and three rows along with 10 paylines.

This slot comes with the potential to reward players with 5,500X their stake on every spin, with most of the bigger wins coming during the scatter-triggered free spins bonus round.

Card royal symbols are the less lucrative symbols on the reel, while the Hunting horn, Helmet, Female warrior, and Viking symbols form the game’s high-paying icons. Wins are formed by combining at least 3 low-value matching symbols or at least 2 high-value matching symbols across a payline, starting from the first reel. The Book of Magic symbol acts as the Wild and Scatter, replacing every other symbol and triggering the free spins round when 3, 4, or 5 of them appear on the reel.

Before you begin your free spins, a flipping book appears and one symbol is selected as the special expanding symbol. After each win during the free spin, the expanding symbol covers all three reel positions and rewards you with an all-ways payout. Landing 3 or more scatters during the free spins will give you an additional 10 free spins, all operating with the already-selected special symbol. This could go on, and on, and on, until you exhaust your free spins without landing any new scatters.

Number of Paylines: 10	RTP: 96.5%
Min Bet: 0.1	Max Bet: 100
Max Payout: 5,500X	Software Provider: Pragmatic Play

Joe Exotic

Red Tiger Gaming has given us a slot based on one of the most popular figures of 2020, and it is precisely everything you would expect it to be. The official slot – based on the star of the Netflix documentary ‘Tiger King’ – is teeming with gold, guns, exotic animals, and loads of bonus features.

The action occurs across a 5-reel, 4-row layout with 20 fixed paylines. Joe Exotic comes with a default return to player of 95.7%, and its bet range of 0.1-20 makes it an ideal pick for budget gamers.

Regular symbols are hip flasks, baseball caps, rings, and animal skin belts. Their high-paying counterparts include the characters James Garretson, Allen Glover, Jeff Lowe, and Joe Exotic.

The Dynamite feature is triggered randomly on any spin. When it happens, the reels explode, and the low-paying symbols are blown up. A new cascade then falls in place with high-value symbols, giving you a bigger payout per winning combination made.

The Tiger Bounty bonus is triggered when you land the tiger bounty symbol on reels 1, 3, and 5. When that happens, Joe presents you with offers of 5, 15, 25, or 50x your total stake and Allen chooses between collecting your prize or picking again. Whichever prize Allen finally collects is the one you win.

When you land the Exotic Spins scatter simultaneously on reels 1, 3, and 5, the Exotic spins bonus is activated and you get 9 free spins. During this round, a Joe Exotic Super Multiplier stacked Wild fills up the middle reel. The multiplier begins at 1x and makes a unitary increase in value every time you land a winning combination, up to a maximum of 15x.

Number of Paylines: 20	RTP: 95.7%
Min Bet: 0.1	Max Bet: 20
Max Payout: 4,117X	Software Provider: Red Tiger Gaming

Conclusion

This week’s new slot games blast a variety of exciting themes and rewarding features. They’re all fully compatible with mobile and desktop devices and you can try them out now at any of our recommended casinos.

Your Weekly Best New Slots | Week 21/ May 24-30, 2021

February 22, 2024 William Mcmaster

New Slots To Be Released on Week 21 of 2021

If you think that casino game developers are done with slot releases for May 2021, prepare to be blown away with the impressive line-up of online slot games that they have for you in week 21 of 2021, the final week of the month.

As a follower of our gist on the best new slots each week, you should know by now that we only seek out the top slots from renowned developers. This week too, we’ve got you covered with slot games designed with exciting themes, mouth-watering bonuses, and monstrous wins. Here, we give you a glimpse into what these games have to offer and once you’re done, you can play them at a reliable casino to experience the thrills for yourself. Ready? Let’s dive in.

5 New Slots To Check Out

Many slots are scheduled to be released this week but we’ve only picked the top five. These games were created by developers: Microgaming, Big Time Gaming, Pragmatic Play, iSoftBet, and 4ThePLayer. Now, let’s explore what they’ve prepared for you.

Ancient Fortunes: Poseidon Megaways

Throughout this month, we’ve seen a number of Greek mythology-themed slot games. Well, it appears that slot game developers are not through. The Ancient Fortunes series was launched over a year ago and this week, the second installment was released with Ancient Fortunes: Poseidon Megaways. Poseidon is the trident-wielding Greek god of the sea, water, earthquakes, and horses. He is the central character of this new slot game created by Triple Edge Studios for Microgaming and released on Tuesday, 26th May, 2021.

Ancient Fortunes: Poseidon Megaways is a 6-reel, Rolling Reels video slot game with an RTP of 95.98% and Big Time Gaming’s Megaways mechanic. Hence, the number of symbols that appear on each reel changes with each spin. As a result, the number of paylines for winning combos is changed as well. If you land the maximum number of symbols on all 6 reels, you’ll have a total of 117,649 ways to create a winning combination. A winning combo is gotten when 3 to 6 matching symbols or wilds land on adjacent reels, beginning with the first one.

There are three bonus features on Ancient Fortunes: Poseidon Megaways – Rolling Reels, Jackpot Pick Game, and Free Spins. In Rolling Reels, symbols that make up a winning combo are removed from the reels and new ones drop in their place for the chance to create new winning combos. If you do land a new one, the process repeats itself until there are none created by the new symbols.

The Jackpot Pick Game is randomly triggered on any spin after Rolling Reels. When this happens, you’ll get the chance to pick three of 12 tokens, each associated with a jackpot prize. When you pick 3 of the same jackpot, you’ll be awarded the relevant prize, the maximum being 5,000x your total stake.

You can win unlimited free spins with the Free Spins feature, triggered when you spell out the world ‘GOLD’, with the game’s scatter symbols. Multipliers also set in during this feature to dramatically increase your payout.

Poseidon’s underwater kingdom is where the reels are set with well-designed symbols that match this theme beautifully. The orchestral soundtrack that plays in the background also complements the visuals perfectly. One thing we’re sure you won’t lack here is an immersive gaming experience so get your coins ready to spin the reels.

Number of Paylines: 117,649	RTP: 95.98%
Min Bet: 0.40	Max Bet: 40
Max Payout: 23,000x	Software Provider: Microgaming

King of Cats Megaways

King of Cats Megaways is an intriguing, revolutionary online slot game by Big Time Gaming, released on Wednesday, 26th May, 2021. It is the first slot game to apply the PLAYERSELECT engine where you get to choose a game mode to play in before you begin to spin the reels. Each game mode comes with its own unique features and as you may imagine, it makes the game attractive and fun to play.

In King of Cats Megaways, a lion and a puma are out to get your attention but each is king in its habitat. You can choose to play in the Lion Mode or the Puma mode for the chance to win up to 56,620x the worth of your bet. The game’s RTP varies slightly, depending on which mode you play, from 96.7% to 96.72%. Just like other Megaways slot games, there are 6 reels on the game where 2 to 7 symbols can appear. The more symbols you land, the higher the number of winning ways you get with the highest number of symbols giving you 117,649 ways to win.

The Lion and Puma modes of King of Cats Megaways each have unique features but they also have the PLAYERSELECT and Free Spins features in common. The main bonus feature in the Lion Mode is the Wild Lion Multipliers feature that can give you a max win of 6,060x your stake in the base game. Its Free Spins feature comes with unlimited free spins which can be triggered with 3 to 6 scatter symbols. The Puma mode offers something similar but the max win in the base game here is 1,070x your stake. It makes up for this with the max win of 56,620x your stake which can be gotten in its Free Spins feature.

The visuals of Big Time Gaming’s King of Cats Megaways meets the top-notch standard that you’ll find on other slot games by the developer. Each game mode features the cat in its unique habitat and corresponding symbols for a user-oriented experience. You can play it today on your mobile or desktop device.

Number of Paylines: 117,649	RTP: 96.7%, 96.72%
Min Bet: 0.20	Max Bet: 10
Max Payout: 56,620x, 24,200x your stake	Software Provider: Big Time Gaming

The Magic Cauldron Enchanted Brew

Create magical awesomeness in The Magic Cauldron Enchanted Brew slot game by Pragmatic Play and get the chance to win up to 5,000x the worth of your bet. The game is due to be released on Thursday, 27th May, 2021 and features a total of 9 bonus features for juicy payouts per spin.

The Magic Cauldron Enchanted Brew uses a Clusters Pays mechanic on a 7×7, tumbling reels engine. To win, you must form clusters of 5 or more identical symbols or wilds. The Tumbling Feature is activated every time you get a win and it removes symbols that make the win from the grid, replacing them with new ones. There are also five Progressive features that you can play in turn after landing a winning combo. They are the:

Befuddlement feature
Invisibrew feature
Enlarging Ale feature
Balm of Transfiguration feature
Potion of Darkness feature

Other features in the slot are Unicorn Dust, Elixir Wilds, and Moon Seed Mark. There is a lot going on in The Magic Cauldron Enchanted Brew; all you have to do is jump in and take as much as you want.

Number of Paylines: Cluster	RTP: 96.44%
Min Bet: 0.20	Max Bet: 100
Max Payout: 5,000x	Software Provider: Pragmatic Play

Apes of Wrath

In the thick of the rich rainforest lies all the goodness that Apes of Wrath from iSoftBet offers everyone willing to come in. It is a pretty standard video slot game but it combines the feel of a land-based casino slot with more modern online slot features. Scheduled for release on Sunday, 30th May, 2021, Apes of Wrath contains animals of the jungle, including a bird, crocodile, lemur, and gorilla.

There are two bonus features to help you achieve huge payouts in Apes of Wrath – Wild Ape Respins and Free Spins. Wild Ape Respins is triggered when 3 full stacks of gorilla symbols land on adjoining reels. For this, you first get 3 respins that can be used on an expanded slot machine with 4 rows, instead of 3. As a result, you’ll create twice the number of paylines, giving you a total of 40.

The Free Spins feature is triggered when you land the bonus symbol on reels 1, 3, and 5 in one spin. When this happens, you’ll be able to spin the bonus reel which determines how many spins you’ll get and the number of extra wilds they will add to the reels during the free spins.

Ape of Wrath’s RTP is 96.01% and the maximum win is 1,000x the worth of your bet. Play the game today and see if you can hit this big win.

Number of Paylines: 20 to 40	RTP: 96.01%
Min Bet: 0.20	Max Bet: 20
Max Payout:1,000x	Software Provider: iSoftBet

3 Secret Cities

It’s all about the gold in a lost temple in Aztec-themed slot, 3 Secret Cities, by fast-growing casino game company, 4ThePLayer. One thing to look forward to here is the BONUS UP feature where you work up your way through a map to reach three cities. Each city comes with a measure of variety in what you can play in the Temple Free Spins bonus round.

3 Secret Cities features 5 reels, 4 rows, and 1024 ways to win. A winning combo is obtained when 3 to 5 matching symbols appear on adjacent reels, beginning with the leftmost one. If high-value symbols are involved, you only need 2 to form a winning combo. With an RTP of 96.5%, it is a highly volatile slot game with the maximum win obtainable on a single spin being 50,000x the worth of your stake.

When you play this game on a mobile device, you’ll see the option of the BIG REELS portrait mode where the reels are enlarged and stacked on top of each other. In this arrangement, the reels spin from left to right but pay from top to bottom.

The bonus features here are the BONUS UP feature, Temple Free Spins bonus and Buy, which lets you access bonus features faster by paying for them.

Number of Paylines: 1,024	RTP: 96.20%
Min Bet: 0.10	Max Bet: 20
Max Payout: 50,000x	Software Provider: 4ThePLayer

Conclusion

Choose any online slot game on our list of the best new slots on week 21 of 2021, and watch your wins roll in massively. They were all designed with juicy bonuses, attractive themes, and user-friendly visuals. If you’re looking for high-quality slots to end the month with, these are the slots for you. You can play them on your mobile device or desktop at a reliable casino right now.

Michigan Online Casino v Online Sports Betting – Which Is Performing Best?

February 22, 2024 William Mcmaster

Michigan now has a clean slate when it comes to online gaming and sports betting, thanks to the state’s recent introduction of internet gaming. Michigan hopes to measure up against the competition, even though a few other states have been in the business for a long time. Michigan is tasked to live up to the players’ expectations and to bring Michigan’s online gambling market to a level that equates to that in other US states.

Thanks to a decline of the sports calendar in April, Michigan was among the first US states to see the first month-over-month drop-in sports betting revenue since introducing online sports betting earlier this year. Michigan is now a haven for online casinos.

The region’s online casinos and poker rooms did well in April, taking in $94.9 million, a slight decrease from March’s $95.1 million. For March, revenue per day rose to $3.16 million per day, up from $3.07 million a day in February (Michigan Gaming Control Board, 2021).

Michigan Sports Betting Lags Behind Casino

Michigan sportsbooks admitted $249.9 million in online handle in April, down 30.5 percent from $359.5 million in March, owing to a heavy reliance on regular-season baseball and NBA games to produce a play.

Michigan’s online and offline sportsbooks raised $274.2 million in bets, 91.1 percent of which were placed online when combined with the state’s $24.2 million retail handles, which were released last week. The total handle was down 28.5 percent from March’s $383.7 million in bets (Mitech News, 2021).

Michigan will remain in fifth place in the United States, behind New Jersey, Nevada, Pennsylvania, and Illinois, based on the overall handle. However, from the start of online sports betting on January 21 to April 30, Michigan was the first state to cross $1 billion in online wagers, with $1.03 billion (Jordyn Grzelewski , 2021).

Michigan’s sales in April should keep it close to Pennsylvania and New Jersey, the country’s two largest iGaming markets, but none of those states has yet posted April results. The most significant distinction is the maturity level of the states.

The Michigan Gaming Control Board established regulations that enable players to open online gaming accounts without visiting a land-based casino. This ease of access to Michigan’s iGaming services is critical in the state’s huge industry. This is why Michigan is ahead of states such as Illinois, which require a visit to a casino in person.

Michigan Casino & Sports Betting FAQ

What age do you have to be to gamble in Michigan?

To lawfully bet in Michigan, you must be at least 21 years old.

Should I join a Michigan casino’s loyalty program?

Yes, especially since loyalty programs are free to join. They were created to give you the best experience.

References

Jordyn Grzelewski (2021). Michigan’s internet betting revenue takes off. https://www.detroitnews.com/story/business/2021/04/20/online-bettors-wager-hundreds-millions-michigan-march-madness/7300125002/
Michigan Gaming Control Board (2021). Revenues and Wagering Tax Information. https://www.michigan.gov/mgcb/0,4620,7-351-79127_82898-244408–,00.html
Mitech News (2021). Michigan Online Gaming Revenue Gains Momentum. https://mitechnews.com/internet-technologies/michigan-online-gaming-revenue-gains-momentum/

Claim Free Spins on INFINIREELS Top Slots!

February 22, 2024 William Mcmaster

Are you looking for the best free casino spins where you can get the best deals?

Look no further because INFINIREELS is bringing the best INFINI-DEALS to town. These deals offer exclusive free spins that can help you keep up the momentum. For this week, the deal involves NeonVegas, Justspin, NitroCasino, and UltraCasino; and it’s available for both new and existing players (apart from Poland and Germany).

All you have to do is to apply for the offer which is 40 free spins on Dragon’s Fire INFINIREELS and enter the bonus code of DRA1. This deal expires on the 6^th of June, 2021, and note that general and bonus terms apply.

So, what are you waiting for…?

Dragon’s Fire has some interesting features like Fire Eggs, Dragon Spins, and Fire Wilds. Also, instead of using the 5×4 grid set-up, the Infireels version of Dragon’s Fire provides a 3×3 grid formation. But this will surely change once the primary feature is activated.

This deal can also be played on any device that supports the internet. So, you don’t have any excuse. The deal offers betting that ranges from 0.2 units to 10 units of the primary currency. The slot can be said to be extremely volatile because of the restricting bet range but it plays to your advantage at the end of the day.

According to the Red Tiger’s volatility meter, this deal is rated 5/5 overtaking the RTP rating of 4/5 (which is about 95.73%).

Note: Once you win, a new reel will be added to your screen thereby increasing your chances of winning more.

So, claim these offers before the Dragon’s Fire burns them to ashes.

What Are Penn National Gaming (Png) And Why Should You Know About Them?

February 22, 2024 William Mcmaster

Penn National Gaming (abbreviated as PNG) is a fast-rising gaming company in the United States. Recently, PNG has achieved some remarkable feats for itself. First, PNG established a content studio called Penn Game Studios. This is a studio consisting of in-house content development individuals.

This team is focused on creating iGaming content that is exclusive to its customers. This achievement has also moved PNG to purchase HitPoint Studios and its sister real money gaming company called LuckyPoint. These studios are expected to close in the near term, subject to their customers being satisfied with the conditions (Casino Beats, 2021).

They stated that the reason for acquiring the Massachusetts-based gaming studio is to draw customers to their exclusive online games thereby boosting brand loyalty (Rose, 2021). With this acquisition, the shares of PNG increased by 1.51% totaling $90.47 as of the 3^rd of May, 2021 (Market Watch, 2021).

This is a piece of great news to online gamers in the United States. But for those people who are still contemplating on whether to join this emerging company because they are unsure of their credibility, let me tell you about PNG…

About Penn National Gaming

Penn National Gaming Inc. is a gaming company that owns and manages racing and gaming facilities. They also manage video gaming terminal operations focusing on slot machine entertainment (Forbes, 2021). They have ownership interests in 41 gaming and racing properties present in 19 states.

Some of the states where PNG properties are located are Illinois, Colorado, Iowa, Indiana, Mississippi, Michigan, West Virginia, and Pennsylvania. Their operations involve different business segments. They are the Northeast, Midwest, South, and West. These segments consist of various properties scattered across the United States.

The PNG headquarters is based in Wyomissing, Pennsylvania. Their operation is done in over 43 facilities around the United States and Canada, but many of them are within the brand Hollywood Casino. In November 2013, Penn National Gaming established a sister company called Gaming and Leisure Properties.

PNG’s Stake on Barstool Sports

Penn National Gaming manages and controls a 36% stake in a company called Barstool Sports. Barstool Sports is a leading digital sport, lifestyle, entertainment, and media company. This was done in the year 2020.

PNG also officially launched the Barstool Sportsbook app and products in the cities of Pennsylvania, Illinois, and Michigan. This launching enables PNG to leverage the Barstool brand and marketing engine thereby driving a meaningful market share (pngaming, 2021).

PNG also introduced the Barstool Sports products across their leading customer loyalty program called mychoice. At the moment, they have over 20 million casino customers and Barstool loyal fans of over 66 million people. PNG has continued to be dynamic in its strategy. It changes from having an owner and manager of racing and gaming properties to becoming an omnichannel provider of retail and online gaming, sports betting entertainment, and live racing.

Conclusion

PNG has continued to grow and expand over the years, they have varieties of properties across the United States totaling about 48,000 gaming machines, 8,800 hotel rooms, and 1,300 table games. Also, PNG operates an interactive and entertaining gaming division across its various subsidiaries.

Penn Interactive Ventures, LLC, which is a subsidiary of PNG, launched a casino called iCasino in Michigan and Pennsylvania. They also own and operate online sports betting in the cities of West Virginia, Indiana, Iowa, and Pennsylvania (pngaming, 2021).

Penn National Gaming

What is the net revenue of PNG?

As of 2017, PNG records a revenue of about $3.1 billion (pngaming, 2021).

What is the market capitalization of PNG?

According to Forbes, PNG currently has a market capitalization of about $14.31 billion (Forbes, 2021).

References

Pngaming (2021). Penn National Gaming Inc. About Penn National Gaming, Inc.
About Us | Penn National Gaming (pngaming.com)
Market Watch (2021). Penn National Gaming Inc. stock rises Monday, outperforms the market. Market Watch Automation. 3^rd May 2021.
www.marketwatch.com
Casino Beats (2021). PNG acquires HitPoint Studios & LuckyPoint amid in-house focus. 4^th May 2021.
https://www.casinobeats.com/2021/05/04/png-acquires-hitpoint-studios-luckypoint-amid-in-house-focus/
Forbes (2021). Penn National Gaming (PENN). 5^th May 2021.
https://www.forbes.com/companies/penn-national-gaming/?sh=163f08f77c8d
Rose (2021). The Business Journals. Penn National to launch new Barstool Sports products after acquiring a game developer. 3^rd May 2021. https://www.bizjournals.com/philadelphia/news/2021/05/03/penn-national-gaming-acquires-dev-in-house-studio.html