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Igaming Focus: Superior product gives Flutter key advantage

CDC Gaming
CDC Gaming
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Galaxy Gaming Tuesday announced it will showcase its new table game operating system, brand-new table games, and online content portfolio at this year’s Global Gaming Expo, October 7-10, at the Venetian Expo Center in Las Vegas

“We are thrilled to showcase our category-leading collection of table game brands that resonate with players,” said Galaxy Gaming President and CEO Matt Reback in a statement. “By combining these with our cutting-edge technology, we deliver enhanced table gaming experiences—both in the casino or card room and online. This powerful combination not only enhances player engagement but also drives exceptional results for operators.”

Galaxy will feature its operating system, Sapphire, at G2E. The game management system developed by table game experts features progressive jackpot options, Nebula sensors, and digital tracking capabilities.

The Galaxy operating system has a flexible electronic bonusing platform that powers a dynamic progressive. The company states that unlike any other progressive, the dynamic progressive adds an “electrifying twist” to Galaxy’s progressives and pay tables, with random pays multiplied by up to 10x each round.

Sapphire also features enhanced TableVisions with a fully customizable screen and integrated minimum/maximum table limits.

Galaxy’s table game roster includes 21+3, Perfect Pairs, and Lucky Ladies. There are also new additions including Roulette UP and Dynamic Progressive, both powered by the Galaxy operating system.

Making its debut at G2E, EZ Baccarat is now enhanced with Galaxy Gaming’s Golden Talons and Divine 9 side bets, at no additional cost. These popular side bets are available as enhancements to EZ Baccarat. Heads Up Hold’em, Player’s Edge 21, Deuces Wild Xtreme, and High Card Flush, also will be available to play at the Galaxy’s booth.

Galaxy Gaming licenses casino table games for live dealer and RNG online gaming. Titles like 21+3, Lucky Ladies, Perfect Pairs, Caribbean Stud Poker, and Buster Blackjack\ are available on over 3,000 of the most popular igaming sites worldwide. The company states that Galaxy’s online titles accounted for over 3.5 billion wagers in the last calendar year.

Operators are invited to visit Galaxy Gaming at Booth 4016.

Hello and welcome to this week’s Igaming Focus newsletter:

Breaking news: The rest is politics #2

Ban lifted: Financial exchange operator Kalshi has been cleared to offer bets on the U.S. presidential elections just five weeks before voting day. On Wednesday a three-judge panel at a federal appeals court in Washington lifted a temporary ban on the company offering the markets and rejected an emergency call from U.S. financial regulators to stop it trading.

Superior product gives Flutter key advantage

Flutter Entertainment’s existing product and tech to continue driving company growth and lead over competitors, say analysts

Product lead supports $21bn forecast: Flutter Entertainment’s 2027 revenues forecast of $21bn was the focus of much of the company’s investor day coverage. But the importance of product in U.S. online sports betting was another key point in explaining why the FanDuel parent company is leading the market and why, along with DraftKings, it benefits from a deep structural advantage in this key domain.

With regard to the revenue targets, JMP said it is usually skeptical of multi-year targets “as more often than not, expectations are not met.” Flutter’s story however was more convincing, given its track record and management belief “that it can generate $5bn+ of EBITDA in the next several years,” which would mean even more upside on the shares for a stock that is “+115% in the last two years vs. the Russell 3000 +53%.”

ESPN Bet’s options and BetMGM’s Angstrom proposition

Following up on the CDC Gaming feature on ESPN Bet during last week’s SBC Summit in Lisbon, Portugal – Matt Howard, partner at Propus Partners, and Marc Thomas, chief executive of Algosport, provided their insights on the company as it enters a key period.

Early days: Both commented that the brand awareness ESPN brings to the table means it is too early to write it off as a potential major player in U.S. sport betting. However, following early launch-related buzz, “product and marketing now come to the forefront,” said Howard, and “consistently good marketing messages alongside incremental regular product improvements can grow the share.”

Further reading: CDC Gaming highlighted DraftKings’ plans to focus on live betting in April.

Bet365

Bet365 to cement U.S. presence in the Rockies

Beat the watershed: Bet365 has opened its new U.S. headquarters in Denver, Colorado, and is set to hire up to 1,000 new employees in the next few years. A spokesperson for the group told Covers.com that its new “U.S. headquarters in beautiful downtown Denver represents a watershed moment in bet365’s North American journey.”

Further reading: On Tuesday U.K. newspaper The Guardian ran a profile of Bet365 founder and chief executive Denise Coates.

NFL week three update

Macquarie said hold levels for the U.S. sports betting market were 8.6% from September 23-29 during week three of the NFL season, with football reaching 8.3%, and other sports 9%.

DraftKings has paid a penalty of $200,000 to the U.S. Securities and Exchange Commission  for selectively disclosing non-public information on social media rather than to all investors. The company boasted of its “strong growth” on its X and LinkedIn accounts back in July before the release of Q2 results.

Oddschecker’s parent company FairPlay Sports Media brand has launched oddschecker+, a US-first subscription service that will provide betting and insight tools to bettors. New services will include an AI-powered tool called Positive Value Bets and Public Betting Splits, showing subscribers the weight of money on sporting events and the type of bettor taking certain positions.

Offshore bookmaker Bodog has exited the Canadian province of Nova Scotia, although the reasons for the move were not immediately clear.

Fanatics Betting and Gaming has integrated a range of White Hat Studios’ games into its new online Fanatics Casino aimed at its Michigan and Pennsylvania customers.

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