In a whirlwind week of gaming news, the United Arab Emirates (UAE), Playtech, Bally’s Corporation, and France all made headlines for various reasons. Let’s break down the week in numbers:
UAE:
The UAE made waves in the gaming world this week as reports surfaced that the country is considering legalizing gambling. This would be a major shift for the predominantly conservative nation, which currently has strict laws against gambling. The move could open up a whole new market for gaming operators, who see the UAE as a potentially lucrative opportunity.
Playtech:
British gaming giant Playtech also made headlines this week, announcing a major partnership with Bally’s Corporation. The deal will see Playtech provide its industry-leading technology to power Bally’s online sports betting and iGaming platforms in the US. The partnership is a significant move for both companies, as they look to capitalize on the growing US online gaming market.
Bally’s Corporation:
Speaking of Bally’s Corporation, the Rhode Island-based gaming company had a busy week of its own. In addition to the partnership with Playtech, Bally’s also announced plans to open a new land-based casino in the French city of Cannes. The casino, which is set to open in 2023, will be the first Bally’s property in France and marks a significant expansion for the company into the European market.
France:
Rounding out the week’s gaming news is France, which saw a surge in online gaming during the past year. According to reports, online gaming revenue in France increased by 30% in 2021, reaching a total of €1.6 billion. The growth was fueled by the ongoing pandemic, which forced many people to stay home and seek entertainment online. The French gaming market is now set to become even more competitive, as companies like Bally’s look to capitalize on the country’s growing online gaming sector.
Overall, it was a busy and eventful week in the gaming industry, with the UAE, Playtech, Bally’s Corporation, and France all making significant moves that could shape the future of the global gaming market. As the industry continues to evolve and expand, it will be interesting to see how these developments play out in the coming weeks and months.