North American (USA and Canada) gambling industry opportunities discussed in the IMGL MasterClass at CEEGC2019 Budapest
There are over 1000 commercial casinos in North America and they generate approximately $29 billion in revenue each year.
These include casino gaming establishments situated in the United States, Canada and Mexico. These numbers do not include the online gambling industry which is currently being legalized in state by state in the USA.
In a recent report, we can see that the online sports betting is gaining a lot of trend. Thirty-eight million American adults—15 percent of the U.S. adult population—are planning to bet on National Football League (NFL) games this season, according to a new survey by the American Gaming Association (AGA).
The rapid expansion of legal sports betting has provided increased opportunity for millions of Americans to bet safely with a licensed, regulated sportsbook. This year, 7 million Americans say they will bet legally at a casino sportsbook, 1.2 million more than last year, and tens of millions of others will place bets with friends, participate in pools or squares contests or place their bets online.
In Canada, a fresh report showed that at the end of the first quarter of the 2019–2020 fiscal year, Loto-Québec is reporting total revenues of $656.1M and a consolidated net income of $337.4M.
Most noted is the fact that revenues from the online gaming website—lottery and casino games combined—grew by $5.6M (+23.8%).
The quarterly report is available on Loto-Québec’s website.
During the 2019 edition of CEEGC Budapest, which will take place on the 24th of September, a panel of experts from the USA and Canada will join the IMGL MasterClass™, which has been strategically titled as “Opportunities in North America”.
Some of the biggest names of the online and land based gambling industry from the USA and Canada will take part and the organizers are honored to announce them.
The IMGL MasterClass™ in Budapest will be joined by Jeremy Kleiman (Partner at the New Jersey law firm of Saiber LLC), Ilkim Hincer (Partner at McCarthy Tetrault – Canada), Bill Pascrell, III (Partner at Princeton Public Affairs Group, Inc.), and last but not least Andrew Cochrane (Chief Commercial Officer at SBTech).
The discussion will be moderator by IMGL Member, Jaka Repanšek (Media and Gaming Expert).
Secure your seat now!
Make sure you take advantage of this unique opportunity of learning and networking with the gambling industry in the CEE and Balkans region via the CEEGC platform which is committed to bringing together industry shareholders and government officials from the region on a yearly base.