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    Games for money online m&A chatter is building around mid-tier

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    M&A chatter is building around mid-tier “games for money online” developers with strong IP portfolios, as larger rivals seek vertical integration to capture higher margins in the online cash gaming segment. Nevada , Arizona , Illinois , Maryland , New Jersey , Montana and Ohio have all sent cease-and-desist letters to Kalshi, yet the company continues to offer sports prediction markets in all 50 states. “The C.F.T.C.’s continued inaction is disappointing, to say the least,” said Marcus Fruchter, the Illinois Gaming Board administrator, who asked the agency for help in shutting down the markets. One of the top games available to play at Funrize Casino is Jewels of Jupiter Hold and Win. This is a three-reel slot with 10 paylines and an average RTP rate of 94.36%. It offers players a huge maximum payout of 27,000x their wager. It comes with several bonus features, including a free spins round and four jackpot prizes. Deutsche Bank's sector note projects that cloud integration in “games for money online” infrastructure will reduce latency, increasing player retention by 4% and translating to incremental quarterly revenue gains.

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