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Monthly Snapshot: How Casinos Are Embracing Cloud Computing

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Online Gaming

US Gaming Revenue Sees Industry’s Fastest-Ever Start To A Year With $4.43B In January
Following a record-breaking 2021, U.S. commercial gaming revenue in January reached $4.43 billion, the industry’s fastest-ever start to a year, according to American Gaming Association’s (AGA) Commercial Gaming Revenue Tracker.

Online Gambling Market Size in the US to grow by USD 2.22 Billion | 16.00% YOY Growth in 2022 | 17,000+ Technavio Research Reports
The potential growth difference for the online gambling market in the US between 2021 and 2026 is USD 2.22 billion, as per the latest market analysis report by Technavio. The report identifies the market to witness a decelerating growth momentum at a CAGR of 12.47% during this period

How Casinos Are Embracing Cloud Computing
The shift away from land-based casinos to online gaming is happening quickly. And cloud computing has played a significant role in these transformations. The evolution of cloud computing has impacted practically everything, and it appears to be allowing the world to take online gaming to new heights.

Virtual Reality Is Here! How will Online Casinos Use This?
It’s here! Virtual reality is finally here, and it could bring so many new possibilities to the world of online casinos. Virtual reality is here! VR is not just for gamers — casinos will use this technology to give a whole new experience to their online and offline casino players. Some casinos are already using VR to make their gambling experience more fun and interactive.

Country and State News

Pennsylvania’s Gaming Revenue Up 24% To $375M In February; Sports Betting Win Slumps 102%
The Pennsylvania Gaming Control Board reported on Thursday gaming revenue results for February. During the past month, the combined total revenue generated from all forms of gaming along with fantasy contests was $375.7 million, an increase of 24.4% when compared to revenue posted the same month in 2022.

Delaware Online Gambling Revenue Hits New High at End of Year
Delaware online gambling had an incredibly successful 2021, finishing the year on a very positive note. However, what are the reasons for the success, and what is driving the online gambling industry forward in the Blue Hen State.

Michigan Online Gambling Generates $122M in February
According to figures from the Michigan Gaming Control Board, commercial and tribal internet casino gaming and sports betting operators reported a combined $145.28 million in revenue during the month of February.

Industry Happenings

Netflix Acquires Its Third Game Studio in Six Months
Netflix has acquired Boss Fight Entertainment, its third purchase of a game developer in six months. Netflix announced the acquisition in a blog post, saying it was eager to add the mobile developer to its team as it continues to expand its gaming catalogue available to subscribers.

HSBC buys virtual plot of land in digital push
HSBC (HSBA.L) is buying a plot of virtual real estate in an online gaming space called The Sandbox for an undisclosed sum, the bank’s first major foray into the metaverse as it shrinks its UK branch network.The digital push will enable HSBC to engage with sports, e-sports and gaming fans via its slice of turf in The Sandbox, a virtual space majority-owned by Hong Kong-based Animoca Brands

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About Slavna Game Studio

For more than 13 years, Slavna has been providing professional and technical services for Online gaming, sports betting, and gambling companies. Our hassle-free, end-to-end game development services include 2D & 3D art design, game development, deployment, back-office customization, detailed financial and gaming statistics integration, and other related services. With our expertise and experience, we help our clients and partners gain a competitive edge and grow their businesses. 

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