Video Slot Machine Market

NetEnt and Evolution Gaming are two Swedish borniGaming firms that are showing remarkable success. Both companies are tradingin SEK on the Stockholm NASDAQ and Evolution Gaming is set to take NetEnt underits wing as it did eZugi Gaming.

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Video Slot Machine Market Price
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In one of the most competitive online industries inthe world, these two firms are currently in a head-to-head battle for marketshare in the live dealer and virtual table gaming niche markets while NetEntalso produces online video slots.

Their games accept both cryptocurrency and fiatcurrency online betting and support multiple languages making them both globalsensations in the online casino industry and fierce rivals.

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However, that is all about to change in a deal said tobe worth €1.9 billion. Evolution Gaming is poised to buy allseries A and series B NetEnt shares on the NASDAQStockholm. The trade-off deal means NetEnt gets 0.1306 of every EvolutionGaming share in exchange.

The combination of the two firms will dominate theiGaming industry as the two biggest names in the game will no longer becompeting. It is a move that makes perfect sense because both companies areshowing success on the NASDAQ as we report below.

Live Casino MarketConditions

Despite the competition, Evolution Gaming and NetEntCasinos are still recording record revenues making them attractive investments.They are the two largest live casino platform providers and are about to mergeunder one company which will effectively blow the competition away. You findout moreabout NetEnt Casinos here.

Both firms lock horns in the live casino gamingenvironment and virtual table gaming arenas and their games are available atonline casinos around the globe.

Video Slots MarketConditions

Meanwhile, NetEnt also has another revenue stream comingfrom its vast collection of immensely popular online video slots. NetEnt’sventure in the video slots industry was one of the firm’s first endeavours intothe iGaming industry while Evolution is currently not in the business of slotdevelopment.

NetEnt is famous for its highly engaging progressivejackpot slot games that can potentially pay out millions of Euros in prizemoney, while the firm also has over one hundred non-jackpot slots that comewith RTPs of up to ninety-nine per cent and high bet multipliers.

The developer also releases at least two brand newslot games every month, keeping the firm’s brand name fresh in the minds of itsslot loving followers.

It is fair to say business is booming for NetEnt inthe slot industry despite competing with over one hundred slot developers inthis sphere while the live casino industry only has around twenty pluscompetitors with Evolution Gaming being NetEnt’s main competitor where bothfirms are the leading platforms with Microgaming, Playtech, and Pragmatic Playjust trailing.

Virtual Table Gaming MarketConditions

Over in the virtual table game genre of the iGamingindustry, Evolution Gaming is a new player in the market and has impressed withits fresh-looking VR style roulette, blackjack, and baccarat tables. WhileNetEnt designs virtual roulette, baccarat, and Texas Hold’em Pro table games.

This is once again another incredibly competitivearena in the iGaming industry, with around forty software developers competingfor market share.

Right now, games from both firms can be found in allthe world’s major iGaming countries such as the UK, Sweden, Germany, Canada,Australia, New Zealand, and India.

Impressively, Evolution Gaming is also penetrating theUS market, which is an extraordinary feat considering the multiple barriers toentry since the US government put in federal financial laws that restrict UScitizens from gambling online. However, state laws in place such as Delaware,New Jersey, and Nevada open some doors for online casinos and Evolution Gamingis hot on the trail.

These two firms are at the top of their game in everyfield they compete in, and neither show any signs of slowing. This is reflectedin their exciting SEK stock prices that continue to go from strength tostrength.

Evolution Gaming Stockholm NASDAQ

Currently, the Evolution Gaming Group has over 181million shares floated and is listed under the ‘Travel and Leisure’ sector andhas 11,832 recorded trades while the trade volume is 833,522.

Its impressive performance on the stock market overthe last 52 weeks has seen its stock rise from 185 to 701, and in 2020 eachshare began at 269 and rose to 701.

The iGaming brand’s major push began in 2019 when inJanuary shares were valued at 109 and slowly steamed rolled up to 269 over the year.It is 2020 that then saw the firm’s share prices rise 160%.

NetEnt Stockholm NASDAQ

NetEnt has 206 million shares floated and is alsolisted under the ‘Travel and Leisure’ sector. The number of trades on theNasdaq currently stands at 665 and the trade volume lists right now as 376,669.

Its performance is equally as impressive as its livecasino platform rival, although shares are not as valuable. Its 52-week statsshow a rise from 15.3 to 90 and the same figures show for the firm’s 1-yeartotal.

NetEnt’s push in share price rises began way back in2013 after years of share price resistance between 10 and 12. From 2013 tomid-2016 shares steadily rose year on year to a high of 91 before dropping offto 15.3 by the end of 2019. 2020 is the return of NetEnt on the NASDAQ with arise in the first 3 quarters to its current standing of 90.

Is the Growing iGaming Industry a Good Market for Investment?

Currently, there are hundreds of competitors and newsoftware developers entering the market mainly under the wing of top iGamingsoftware firms such as Microgaming and Playtech.

For NetEnt’s video slot market this is not ideal, butits brand is still revered amongst slot fans mainly because NetEnt has beenaround since the beginning of time. Whether Evolution Gaming’s take over willrebrand NetEnt’s slots or continue with the world-famous NetEnt brand namelabelling the video slot’s division as ‘Evolution Gaming NetEnt Slots’ is notpublic information at this time.

The virtual table gaming market is also seeing itsfair share of new entrants and we are about to see existing brands and anincrease in new entrants in the live dealer sphere.

Whether the new competition affects iGaming companiesfloated on stock markets remains to be seen.

However, with Evolution Gaming and NetEnt the two mostused live dealer platforms in online casinos, it seems that this side of thebusiness is already locked up. Evolution Gaming also owns the eZugi live dealerplatform. With this in mind, it seems inevitable that the combination of bothof these firms and their impressive NASDAQ performances makes Evolution Gamingshares an attractive investment.

Adding to this, the iGaming industry is set for a hugerise in players and revenues. According to Statista,in 2019 the industry was worth 58.9 billion and by 2023 it should rise to 92.9billion. That is a formidable 57% rise which points to this market as the idealsector for investment.

Introduction to South Dakota Slot Machine Casino Gambling in 2020

South Dakota slot machine casino gambling consists of the frontier town of Deadwood’s twenty-two commercial casinos as well as nine tribal casinos. Further, there are over 9,000 video lottery terminal (VLT) style gaming machines at retailers and pari-mutuel sites spread throughout the state.

A minimum theoretical payout limit was been set for slot machines at casinos within Deadwood. Further, monthly return statistics are available for Deadwood’s casinos. Neither are available for tribal casinos in South Dakota.

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This post continues my weekly State-By-State Slot Machine Casino Gambling Series, an online resource dedicated to guiding slot machine casino gambler to success. Now in its third year, each weekly post reviews slots gambling in a single U.S. state, territory, or federal district.

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Or … Listen Instead!

Relevant Legal Statutes on Gambling in South Dakota*

The minimum legal gambling age in South Dakota depends upon the gambling activity:

Land-Based Casinos & VLTs: 21
Poker Rooms: 21
Bingo: 18
Lottery: 18
Pari-Mutuel Wagering: 18

In 1989, South Dakota was the first state to offer video lottery terminals (VLTs). Regulation of VLTs at bars and taverns is the responsibility of the South Dakota Lottery. Each retailer can have up to 30 machines per gambling license with a limit of 3 permits per operator. There are currently 1,325 such operators.

In the frontier town of Deadwood, children may accompany their parents in most casinos until 8 p.m. South Dakota is the only U.S. gaming jurisdiction which allows minors to be present while their parents gamble.

South Dakota’s American Indian tribes have negotiated and approved tribal-state compacts. These gaming compacts include a sliding scale for how many slot machines each tribal casino may have, specifically:

500 gaming machines at the effective date of the compact
600 gaming machines after two years
750 gaming machines after four years

South Dakota also has two pari-mutuel facilities with horseracing during the spring season, but do not offer slot machines at them. An additional racetrack facility offers dog racing and simulcast betting.

*The purpose of this section is to inform the public of state gambling laws and how the laws might apply to various forms of gaming. It is not legal advice.

Slot Machine Private Ownership in South Dakota

It is legal to own a slot machine privately in the state of South Dakota if manufactured before 1941.

Gaming Control Board in South Dakota

The South Dakota Commission on Gaming regulates casino gambling at casinos located within the city of Deadwood.

South Dakota’s nine federally-recognized tribes have successfully negotiated tribal-state gaming compacts. There are nine tribal commissions, established upon approval of each tribe’s gaming compact. Further, the South Dakota Department of Tribal Relations provides oversight of the tribal casinos.

South Dakota’s final gaming control board is the South Dakota Lottery Commission.

Casinos in South Dakota

There are twenty-two commercial casinos in Deadwood, eleven American Indian tribal casinos, two pari-mutuel racetracks without slot machines, and 1,325 locations with 9,060 video lottery terminals in South Dakota.

The largest casino in South Dakota is Royal River Casino Hotel in Flandreau with 386 gaming machines.

The second-largest casino is Silverado-Franklin Historic Hotel & Gaming Complex in Deadwood with 361 gaming machines.

Commercial Casinos in South Dakota

The twenty-two commercial casinos in the city of Deadwood are:

Tribal Casinos in South Dakota

The nine tribal casinos in South Dakota are:

Dakota Connection Casino in Sisseton, 155 miles north of Sioux Falls a few miles from the North Dakota border.
Dakota Sioux Casino & Hotel in Watertown, 113 miles north of Sioux Falls.
Fort Randall Casino Hotel in Pickstown, 171 miles southeast of Pierre.
Golden Buffalo Casino in Lower Brule, 61 miles southeast of Pierre.
Grand River Casino and Resort in Mobridge, 108 miles north of Pierre.
Lode Star Casino in Fort Thompson, 60 miles southeast of Pierre.
Prairie Wind Casino & Hotel in Pine Ridge, 199 miles southwest of Pierre.
Rosebud Casino near Valentine, NE, 121 miles south of Pierre on the border to Nebraska.
Royal River Casino Hotel in Flandreau, 45 miles north of Sioux Falls.

Other Gambling Establishments

As an alternative to enjoying South Dakota slot machine casino gambling, consider exploring casino options in a nearby state. Bordering South Dakota is:

North: North Dakota Slots
East: Iowa Slots and Minnesota Slots
South: Nebraska Slots
West: Montana Slots and Wyoming Slots

Each of the links above will take you to my blog for that neighboring U.S. state to South Dakota.

Our South Dakota Slots Facebook Group

Are you interested in sharing and learning with other slots enthusiasts in South Dakota? If so, join our new South Dakota slots community on Facebook. All you’ll need is a Facebook profile to join this closed Facebook Group freely.

There, you’ll be able to privately share your slots experiences as well as chat with players about slots gambling in South Dakota. Join us!

Payout Returns in South Dakota

A minimum theoretical payout limit of 80% over the expected lifetime of a machine has been set for slot machines at casinos in the tourist town of Deadwood.

The tribal casinos do not have a theoretical payout limit. Furthermore, the South Dakota Lottery provides the odds of winning for VLT electronic gaming machines limited to poker, keno, blackjack, and bingo.

Return statistics are available annually for Deadwood’s casinos from the Gaming Division of the South Dakota Department of Revenue. Release of these annual reports are eleven months after the fiscal year ending in June has passed.

Therefore, the most recent annual report is from June 2019. Included within this report are month-by-month return statistics by slot machine denomination from mid-2018 thru mid-2019.

The annual player win percent (100% minus casino hold percent) at all Deadwood casinos by slot machine denomination was:

Penny slots: 90.72%
Nickel slots: 91.01%
Dime slots: 93.36%
Quarter slots: 91.17%
50-cent slots: 91.98%
Dollar slots: 92.51%
5-dollar slots: 93.13%
25-dollar slots: 92.84%

The highest annual player win% went to dime denomination slot machines followed closely by $5 machines. The lowest return went to penny slots.

Summary of South Dakota Slot Machine Casino Gambling in 2020

South Dakota slot machine casino gambling consists of twenty-two casinos in Deadwood, nine tribal casinos, and VLT-style non-slots gaming machines spread throughout the state.

Deadwood casinos have a minimum theoretical payout limit of 80% and annual return statistics available. VLT gaming machines have their odds of winning online. Tribal casinos do not have a payout limit nor return statistics.

Annual Progress in South Dakota Slot Machine Casino Gambling

In the last year, the Deadwood Gulch Saloon permanently closed.

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