Caesars Casino’s New PlayAGS Partnership Benefits New Jersey and Pennsylvania
The agreement will see PlayAGS supply Caesars Casino with more online casino games in a boost to the operator’s real money gaming operations.
AGS Interactive Games
Players in New Jersey and Pennsylvania will have access to more than 30 games supplied by AGS Interactive, including titles such as Golden Wins Deluxe, Rakin Bacon, and Fire Wolf.
Other popular AGS Interactive slots include Chili Grande, Atlantis Riches and Wild Tiki.
Gary Hardy, AGS Senior Vice President and General Manager of Interactive, said: "We are absolutely delighted to have the opportunity to deepen our relationship with Caesars, one of the world's most high-profile casino brands.
“Our growing portfolio of player-favorite game themes and track record of delivering consistent game performance should only help to further cement Caesars' position as a leading operator in the North American RMG market.
“Over the coming months, we look forward to expanding across more markets with one of the gaming industry's preeminent brands."
PlayAGS' 2022 Revenue
PlayAGS’ most recent financial results showed total revenue for the three months up to 30 September 2022 was $78.3 million, representing a 16% year on year increase.
Caesars Digital Senior Vice President of iGaming Mathew Sunderland added: "AGS games are an exciting addition to our collection of online casino games.
“We anticipate this new content to be popular among our players given its successful track record for performing well both online and in brick-and-mortar casinos.”
Online casino was legalized in New Jersey in 2013, while iGaming would come to Pennsylvania four years later in 2017.
Record Gambling Revenues in 2022
Both states set records for the amount of gaming revenue they were able to generate in 2022.
The pair each had revenue of $5.21 billion last year, which proved to be a 10% increase for both when compared with 2021.
In Pennsylvania, online casino revenue for 2022 rose to $1.36 billion, up 22.6% from the previous year. In contrast, online gaming revenue in New Jersey reached $1.66 billion - up 21.6% from 2021.
Caesars Casino and Sportsbook first launched in Pennsylvania in March 2020, mere weeks before the Covid-19 pandemic took effect. The operator first debuted its casino product in New Jersey in 2013, when online gaming was first legalized in the state.