Next Gaming plans to bring its Atari- and Taito-branded skill games to mobile, with BUST-A-MOVE expected to be its first release. CEO Mike Darley said the title would be released on Skillz for iOS and Android; he estimated that the game design would be ready in about four months.
Mobile launch plans give operators another route for Atari- and Taito-branded skill games, beginning with BUST-A-MOVE on Skillz.
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The DC Lottery and Monumental Sports & Entertainment announced a $5 Washington Capitals scratch ticket in Washington, DC, in October 2018. The game offered more than $1.2m in cash prizes, including two $50,000 top prizes, plus second-chance draws for experiences and merchandise.
Papaya Gaming filed for Chapter 15 protection while appealing a $719m verdict. The Solitaire Cash developer said its legal steps aim to protect the business after a federal judge in New York issued the decision on 27 July.
A federal jury in New York found for Skillz in its case against Papaya Gaming, finding violations involving contract terms, false advertising and New York business law. The jury awarded Skillz up to $420 million in damages; Papaya said it planned to appeal and argued that it had not promised every game or tournament would involve human opponents.
Papaya signed sports broadcaster Stephen A. Smith to host its Solitaire World Championship, as the skill-games company faces scrutiny over its operations. The company’s games include cash-prize contests, while rules governing skill-based gaming differ among jurisdictions; DraftKings’ investment arm Drive by DraftKings counts Papaya among its portfolio companies.
Gaming stocks had mixed weekly performances during the Q2 earnings period, according to the report. Las Vegas Sands gained 7.7% after reporting revenue of $3.18 billion and net income of $461 million, while Churchill Downs rose 7.6% after reporting $934.4 million in revenue and earnings per share of $2.99. Churchill Downs also announced a $500 million share buyback.