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The Future of Online Gambling: Bet Slips With Casino Games – GamingTodaySlotsToday

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GamingToday.com is an independent sports news and information service. GamingToday.com has partnerships with some of the top legal and licensed sportsbook companies in the US. When you claim a bonus offer or promotion through a link on this site, Gaming Today may receive referral compensation from the sportsbook company. Although the relationships we have with sportsbook companies may influence the order in which we place companies on the site, all reviews, recommendations, and opinions are wholly our own. They are the recommendations from our authors and contributors who are avid sports fans themselves.
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SECAUCUS, N.J. — Although sports betting is fast-growing and profitable, online casinos remain more profitable. According to Bally’s Chairman Soo Kim, who delivered the keynote at the SBC Summit North America in New Jersey on Wednesday, igaming revenues are seven times larger than sports betting revenues. So, online casinos are a massive growth opportunity for sportsbooks that can integrate the two. 
Some operators, like BetRivers, offer online casinos alongside their online sportsbooks. Bettors can switch between both services through an easily accessible tab. However, sportsbooks and online casinos remain disjointed. Operators could do a better job of converting sports bettors to casino gamblers and vice versa.   
One way that operators could do this in the coming years is by allowing bettors to place sports bets and casino games on the same bet slip. 
Putting casino games alongside sports wagers isn’t as far-fetched as it may seem. Sports betting is a type of wagering like a roulette bet is. The odds and activities are different. Sports betting has a skill component that roulette lacks. However, they’re fundamentally similar enough that they could one day be listed side by side on the same ticket. 
This would accomplish two things for operators. First, operators would be more likely to convert casino customers into sportsbook customers and vice versa. Operators could have a pop-up prompt for bettors to place a roulette bet after placing a sports bet. These could go on the same ticket and be settled around the same time. It would boost revenues for operators because they’d boost customer spending. 
However, it would also make mobile betting more interactive. Deciphering sportsbook odds distracts bettors from their games and draws bettors’ focus to the sportsbook. Although that’s an issue for engaging bettors in sports, it’s an opportunity for igaming operators. This focus can be used to draw sports bettors into casino gaming. 
These features aren’t out at sportsbooks or online casinos yet. However, they could be part of the next era of sports betting and igaming. As the dust settles in the race for market share among sportsbooks, this will be a trend to watch for in states with legal sports betting and online casinos. 
Also read: Problem Gambling Awareness Campaigns Must Include Funding For Treatment Programs
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Sony to keep making PlayStation 4 as PS5 output hits snag – New York Post

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Sony’s plans to mass produce its new PlayStation 5 gaming console have been put on hold because of disruptions in the global supply chain — forcing the company to keep cranking out its older PS4 systems.
The Japanese tech giant had initially planned to phase out manufacturing of PS4 at the end of last year and move to a full transition to its newer consoles, according to Bloomberg. But now it is pivoting to produce as many as 1 million of the old models in 2022.
After introducing the PS5 in November 2020, supply has been scarce due to shortages in advanced chips and other commodities needed to mass produce the hardware.
This past November, Sony reduced its PS5 production outlook. Initially, it aimed to make more than 16 million units in the year ending in March, but that number was trimmed to 14.8 million.
The older PS4 is cheaper to make and uses less advanced chips and software than its successor. Released in 2013, the PS4 has sold more than 116 million units and remains popular among gamers.
The PS5, which offers more sophisticated graphics and faster loading times than the PS4, was also met with great fanfare. As of September 2021, it has sold 13.3 million total units — surpassing the 7.6 million units that the PS4 sold in its first year of availability nearly a decade ago.
Sony told assembly partners late last year that it is pivoting to manufacture more PS4 consoles this year, though a company spokesperson denied that it had planned to discontinue production altogether.
“It is one of the best-selling consoles ever and there is always crossover between generations,” a spokesperson told Bloomberg.
This past fall, Sony reported a 27% increase in sales in its gaming division for the three-month fiscal quarter that ended on Sept. 30. The firm credited the popularity of the PS5.
In total, the Japanese conglomerate’s gaming division recorded $5.7 billion in sales during the three month period starting in July. Operating income fell 21% to $727 million while the company generated $10.8 billion in revenue.
Sony isn’t the only gaming company that is relying on its older technologies to keep profits flowing during the supply chain crunch.
Last year, Nvidia, the US firm that makes processing units for gaming consoles, revived its previous generation of GTX 1050 Ti graphics cards due to the shortage in semiconductors.
While the company never officially discontinued production of the card, it was not listed for sale as recently as November 2020.
The card was first introduced in 2016, but was gradually phased out in favor of the newer 16-series cards, according to PC Gamer.
Market observers say that the supply chain crisis and chip shortages will likely last through this year.
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Daily Deals: Save on Select PS5, PS4 Games Today – IGN

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