Casino City’s Friday Five: The next big thing for sports betting edition
Before we get into that, we have some other stories to turn our attention toward. Everygame Poker is offering bonuses for its slot of the month, there is a new millionaire in Mississippi, and lastly, the Bellagio revealed details on the viewing experience for November’s Las Vegas Grand Prix.
Let’s begin with an online casino offer:
5. Everygame Poker announces slot of the month for March
This month, Everygame Poker has chosen a player favorite, Gold Canyon, where players can get up to 100 bonus spins on this slot.
In Gold Canyon, a mysterious Cowboy with a dark past comes to protect the citizens from outlaws. The Cowboy is a wild and he expands to cover his entire reel, creating more chances to strike gold.
The scatter is a Bundle of Dynamite. When three or more appear on the reels they explode. Newly mined symbols drop into their place and any new wins are calculated. For each Bundle of Dynamite that explodes, one additional bonus spin is awarded.
4. $1.1 million jackpot winner at Magnolia Bluffs Casino
Magnolia Bluffs Casino in Mississippi announced it minted a new millionaire on Sunday, 26 February. T. Quarles from Brookhaven, Mississippi hit for $1,111,759 while playing the Buffalo Grand slot machine with a $3.75 wager.
When Quarles was asked about her big win she said, “Give to others generously and the Lord will give back to you.”
3. Bellagio Fountain Club revealed for Las Vegas Grand Prix race
MGM Resorts announced that tickets are now on sale for the luxury Bellagio Fountain Club, the company's viewing experience for the Formula 1 Heineken Silver Las Vegas Grand Prix, which is scheduled for 16-18 November.
Perched above the Las Vegas Strip Circuit, the exclusive Bellagio Fountain Club will provide track and fountain views, meet and greets with F1 ambassadors, unlimited food & beverage by celebrated chefs and more.
A lineup of legendary chefs from MGM Resorts' portfolio, including Mario Carbone, David Chang, Michael Mina, Masaharu Morimoto, Bryan & Michael Voltaggio and Jean-Georges Vongerichten will be on hand to prepare culinary delights for Club guests.
Packages include three-day event tickets and accommodations within MGM Resorts' portfolio of rooms and suites, which are walking distance from the circuit.
The glamour of Las Vegas meets the heart-pounding action of @F1 this November.
— Bellagio Las Vegas (@Bellagio) February 28, 2023
Join us in the Bellagio Fountain Club for the race experience of a lifetime featuring celebrity chefs, meet and greets, and a view unlike any other. #F1 #LasVegasGPhttps://t.co/257AiYe35i pic.twitter.com/yU0iv3Jug5
2. Ohio sports betting hits $1.1 billion in wagers in opening month
In its first month for legal sports wagering, Ohio recorded $1.1 billion in bets and saw $208 million in revenue. Out of the 36 states to launch sports betting in the U.S., only New York has put up better numbers in an opening month.
The 16 online operators were responsible for $205 million of that revenue with the majority of bets placed online. Some operators had a much bigger impact. FanDuel ($494.2 million) accounted for 45% of January's handle while DraftKings ($344 million) was responsible for 31% of the handle. The next highest was BetMGM ($82.1 million) which came in at just over 7%. Barstool Sportsbook added nearly $46 million and bet365 Sportsbook & Racebook contributed $38 million to January's handle.
According to the Ohio Control Commission’s reports, bettors in Ohio came away with over $880 million in winnings, with $864 million of those from the online sportsbooks. Those 16 operators were welcomed into Ohio with $114 million in net revenue for the opening month.
GeoComply recorded 11.3 million geolocation transactions in Ohio over the course of New Year’s weekend. This vaulted The Buckeye State to the top of the list of states with the most geolocation volumes recorded by GeoComply over the New Year’s weekend, even surpassing New York.
Ohio sports betting hit $1.1 billion in wagers for the first month of legal sports wagering in The Buckeye State. Only New York has put up better numbers in an opening month. To read more, go to @casinocity_dan's article at https://t.co/Kvu1iBxKff pic.twitter.com/S2TucPq2Wr
— iGamingNews (@igamingnews) March 2, 2023
1. Micro betting could change sports betting as we know it
Not only is micro betting in high demand now, but it’s also showing no signs of slowing down anytime soon. With micro betting, you can bet on the next play, and the next play.
Simplebet is a B2B product development company that makes every moment of every sporting experience not only a betable opportunity, but also one that truly does matter.
Sure, you could bet a full game moneyline, but then you have to wait for two to sometimes four hours for the game to end depending on the sporting event. Or you could place a wager on something that will have an outcome within just seconds.
As most fans do, they have their favorite players and in turn they want to bet on their favorite player. Simplebet started to see bettors asking for options such as, “Will Lebron James make or miss his next shot?” Simplebet now offers that for its operators.
DraftKings took the front end a step further by building out player cards so if a bettor just wants to focus on a specific player, like James, then they can just bet his player card. This allows bettors the ability to only see betting options for their favorite player rather than all players.
While Simplebet doesn’t see a user’s full bet history, it does have the capability to flag not just suspicious behavior, but out-of-character behavior, which it then provides to each of its operators to handle in a manner which it sees fit.
Despite the College Football National Championship being over well before halftime, Simplebet brought in close to $4 million in micro betting wagers from 158,000 bets, which were both significant increases from last year’s much closer Georgia 33-18 victory over Alabama.
@SimplebetHQ’s Ryan Keur breaks down the ins and outs of micro betting, which is the future of sports wagering. To read more, go to @CasinoCityJL’s article at https://t.co/3peU1zVqt5#Simplebet #microbetting #Intralot #DraftKings #CaesarsSports #betr #FanDuel #Flutter pic.twitter.com/8R0oR6CA08
— iGamingNews (@igamingnews) March 3, 2023