Saturday, March 31, 2018

Russian Hotels to Accept Bitcoin For World Cup

Latest Casino Bonuses
Russian Hotels to Accept Bitcoin For World Cup
Russian Hotels to Accept Bitcoin For World Cup

This summer's central event, sporting or otherwise, is without a doubt – the FIFA World Cup in Russia, taking place from June 14th to July 15th. The biggest event in the world of football is played every four years and it brings together 32 of the planet's best national teams and their avid supporters in a colorful display of different nationalities, cultures and spectacular football. The stage is all set for all host cities to start accommodating the visitors – both players and fans – and to enhance the service, there will be one major benefit that will also break some new ground and be the first.

First what? Well, the hotels in eleven Russian cities that will host the World Cup matches are adopting Bitcoin and making it possible for their staying guests to pay for their stay in this cryptocurrency.

The first city to make this move, with more of them coming along soon, is Kaliningrad, Russia's western-most city that is physically divided from the rest of the country and is nestled between Poland and Lithuania (it used to be the part of the old Prussian empire and was the place of birth of the famous philosopher, Immanuel Kant). In this city, national teams of Spain, England, Belgium, Serbia, Croatia, Switzerland, Morocco and Nigeria will be playing their matches so the city is welcoming a large number of fans from these countries.

A hotel chain in this city has already made all the arrangements with a payment processor, Free-Kassa, which will be making this happen. Anna Subotina, a manager of one of the Hotels, Apartments Malina, says: “We are seeing increasing interest in cryptocurrencies. They will gradually come into use as a means of payment. We have decided that fans should be able to pay for our services with the help of this innovative technology.”

Free-Kassa's Development Manager, Vitaliy Lavrov, says: “This is an interesting experience for us – we haven’t worked with hotels so far. The hospitality industry is quite sensitive towards new trends.”

Kaliningrad will be hosting four games during the World Cup and only months before the Cup begins, the accommodation prices in this city have started to soar – making this city even more expensive than it already is. Booking a room on a day when England plays Belgium (which will be one of the biggest matches of the first round) will cost over $300.

Last year, some of Russia's officials slammed Bitcoin, but have also announced that the country may develop its own cryptocurrency – the crypto ruble.

Source:

“Russian Hotels to Surprise World Cup Fans With Bitcoin Payments”, Tassev Lubomir, Bitcoin.com, March 29, 2018.

Konami Gaming announces two senior level appointments

World Casino News
Konami Gaming announces two senior level appointments

Las Vegas-based subsidiary of the Konami Corporation, Konami Gaming Inc. has named Casey Whelan as its Vice President of games sales for North America, while Jay Bertsch will take on the role of Vice President of global system sales. Prior to the promotion, Bertsch served as senior director of system sales for more than ten […]

Killing The Goose

Latest Casino Bonuses
Killing The Goose
Killing The Goose

If the old Las Vegas gamblers and casino owners could see what was happening in the new Las Vegas, they would probably turn over in their graves.

When Las Vegas was just a gleam in the eyes of the early gambling promoters like Bugsy Siegel, the concept was simple; provide a DisneyLand for adults where they could enjoy free or low-cost entertainment, cheap food and drinks, and have it all paid for by the gambling.

For years that worked. People were lured to Sin City by the world's top celebrities, along with hotel rooms that went for $19.95 or less, steak and lobster dinners for $3.99, and free lounge shows featuring some of America's best known entertainers.

That was when the mob, nicknamed organized crime by the Federal Bureau of Investigation, was in charge.

While Bennie Binion never featured big name acts at his Horseshoe Casino on Fremont Street in downtown Las Vegas, he did promise his customers good food, cheap whiskey and a great gambling experience, all of which he delivered until his death.

I recently visited Las Vegas and picked up a copy of a free magazine of the same name in my hotel room. Believe me when I saw the magazine was the only free item in the resort.

Here are a few things visitors to Las Vegas are offered these days. P.S. As you read this, keep your credit card handy.

TERRY FATOR, hyped as one of the 'best entertainers in the world,' is appearing at The Mirage on the famed Las Vegas Strip: a ticket to the show is priced at $60.

MYSTERE, CIRQUE DU SOLEIL, is offered at the Treasure Island for $50 per ticket. The casino does offer free parking.

MAT FRANCO, a young magician and illusionist at the Linq Hotel. Price per ticket: $42 to $109.90.

BLUE MAN GROUP, appearing at the Luxor, $59 to $115 per ticket. You can go VIP (whatever that means) for $175 per person.

PENN AND TELLER, humorists and magicians, appear at the Rio where the price to their show ranges from $75 to $97.

BEATLEMANIA is being featured at The Mirage, where actors portray the Beatles on stage. Tickets range from $79 to $180, plus tax and fee.

Now I have watched some great performers in Las Vegas, but I did it in the early days when the prices were right. For example, I viewed the Four Freshmen in a free lounge show at a casino on Las Vegas Boulevard. It was a very intimate show and brought back memories of m college years.

I also saw Tony Bennett. I can't remember the cover charge but it must have been reasonable or I wouldn't have paid it.

The mob was smart. They were selling gambling and the entertainers simply brought the customers to the tables. They took some of their gambling profits and used the money to cover the cost of entertainment. There is an old Latin phrase that goes 'something for something,' and that is what the mob gave to the public.

The same went with food. I still remember those high in the sky flashing neon signs promising you steak, prime rib, hot dogs, shrimp, champagne at super-low prices. True, these specials were served after midnight in many but not all cases. But they were real values and they brought people to Las Vegas by the droves.

Today's casino corporate heads -- and I hate to say this -- are greedy. They take as much as they think they can gouge from the public. It isn't the style of the old Las Vegas and you have to wonder how long this continues before the casino industry kills the goose that laid the golden egg.

Biggest EPT Sochi Winners

Casino News Daily
Biggest EPT Sochi Winners

The first European Poker Tour festival since PokerStars brought back its popular live poker brand was held at Sochi Casino & Resort in the Russian city of Sochi. The EPT Sochi proved to be a great success, particularly its Main Event, which drew a massive field of more than 860 entries.

Bearing the above-mentioned in mind, it can be said that PokerStars has clearly made the right decision to dust off and revive its EPT brand, which had previously built a solid base of fans across Europe and the rest of the world. In addition to this, it should be pointed out that Sochi has great potential to become a new popular live tournament poker destination with its casino.

The EPT Sochi attracted thousands of players, both professionals and recreational ones. And millions were distributed in prize money to the ones who made it deep enough into the festival’s events. Here are some of the biggest winners during the EPT Sochi, the first of what we all hope will be a series of successful EPT festivals.

EPT Sochi ₽192,000 Main Event

Arseniy Karmatskiy bested a field of 861 entries to win the tournament on Thursday. The player’s share of the ₽150-plus-million prize pool totaled ₽27.3 million (approximately $478,451). Karmatskiy dominated the event’s final table, winning key pots and busting fellow competitors to build his stack and pull ahead of the other players left. In the end, he busted fellow countryman Viktor Shegai in second place to claim his first-ever EPT Main Event title.

Karmatskiy had some previous triumphs on the live tournament circuit. Last August, the player won the €2,200 German Poker Championship as part of the partypoker German Poker Championships at King’s Casino Rozvadov for a first-place prize of €185,000. During last year’s PokerStars Championship Sochi, Karmatskiy topped the field of a ₽19,800 event.

As mentioned above, Viktor Shegai finished runner-up to Karmatskiy in the EPT Sochi Main Event. The player collected ₽16.56 million ($290,225) for his efforts. Ernest Shakarian, Vahe Martirosyan, and Mikhail Kovalyuk were the other three players to cash big from the tournament, collecting payouts of ₽11.688 million ($204,840), ₽8.766 million ($153,630), and ₽6.923 million ($121,335) for finishing third, fourth, and fifth, respectively.

EPT National ₽66,000 No-Limit Hold’em

The EPT National was the first event on the schedule of the EPT Sochi festival. The tournament featured a buy-in fee of ₽66,000 and was played over March 20-23 at the host venue. As many as 439 entries bought into the event, including 266 re-entries. They contributed to the creation of a ₽41.031 million ($710,727) prize pool. The money was distributed to the top 103 finishers.

Czech player Matous Houzvicek was crowned the event’s victor. The player collected the amount of ₽7.77 million ($134,590) for besting the whole field of the tournament. This was Houzvicek’s largest cash from a live tournament. Including his EPT National first-place prize, the Czech’s live tournament earnings now amount to $241,500. Houzvicek cashed in one more tournament during the EPT Sochi. He finished 18th in the ₽132,000 No-Limit Hold’em Single Re-Entry for ₽228,000 ($3,978).

Other Players

Other players who cashed big from the EPT Sochi, included Sergei Kerzhakov and Viktor Ustimov. Kerzhakov finished sixth in the Main Event to collect ₽5.19 million ($90,958) for his deep run into the major tournament. This was the player’s third ever cash from a live poker tournament.

As for Ustimov, he cashed in two tournaments within the EPT Sochi. He first finished runner-up to Houzvicek in the EPT National, good for ₽4.745 million ($82,191) in prize money. He then took 42nd place in the Main Event for a payout of ₽498,000 ($8,728). The player currently has more than $620,000 in live tournament earnings.

The post Biggest EPT Sochi Winners appeared first on Casino News Daily.

Friday, March 30, 2018

NetEnt Signs Supply Deal With Caliente

Latest Casino Bonuses
NetEnt Signs Supply Deal With Caliente
NetEnt Signs Supply Deal With Caliente

Casino game developer giant and digital casino solutions provider, NetEnt, is continuing their expansion on the markets of Central and Latin America. This time, they've signed a partnership agreement with the Mexican operator, Caliente, which is the company’s latest step towards expanding their presence on regulated markets worldwide. This is the brand’s second deal of this kind in the country.

Caliente, which is the leading online gambling operator in Mexico, will thus be providing the developer’s suite of award-winning, cutting-edge gaming titles to their punters in this Central American country. Caliente Casino is the most popular in Mexico as well, so their numerous players will be delighted to be able to enjoy slot titles from such an esteemed developer.

Emilio Hank, Caliente Interactive's CEO, comments: “We are very excited to integrate NetEnt’s world class gaming portfolio. We are confident the games will expand our growth and solidify our leadership in the regulated Mexican market.”

Bjorn Krantz, NetEnt Americas LLC Managing Director, says: “I am very pleased that Caliente has selected us as a business partner for online casino. They are a true frontrunner in Mexico, and a major player within the regulated online gaming space. I am convinced that we can support them to drive online casino growth and to provide the best-in-class entertainment experience to their player community.”

NetEnt has also recently dismissed their long-standing CEO Per Eriksson because the Board of Directors found that the company did not meet the financial expectations during 2017.

Source:

“NetEnt continues LatAm expansion with Caliente deal for Mexico”, netent.com, March 29, 2018.

Poker pro Indicted in $6.2M Super Bowl & World Cup Ticket Scam

BankrollMob News - Poker / Casino / Betting
Poker pro Indicted in $6.2M Super Bowl & World Cup Ticket Scam
Federal prosecutors stated that a poker player from California faces charges that he duped investors out of more than $6 million in a Super Bowl and World Cup ticket-flipping scam. On March 15, Thursday, Seyed Reza Ali Fazeli, age 49, a poker player resident of Orange County, California, had been indicted at the U.S. Attorney's Office on two felony counts of wire fraud, which can potentially send him to jail for up to 40 years. From May 2016-May 2017, Fazeli managed to raise a total of $6.2 [...]

Gov. Cuomo Refuses Bailout to Cash-Strapped del Lago Resort & Casino

Casino News Daily
Gov. Cuomo Refuses Bailout to Cash-Strapped del Lago Resort & Casino

New York State Gov. Andrew Cuomo said that he is not supportive of a state commercial casino’s bid for a bailout. The top lawmaker was among the proponents of the legalization of commercial casino gambling in the state a few years ago.

Gov. Cuomo’s comments from earlier this week came shortly after del Lago Resort & Casino officials revealed that they were seeking assistance from the state after the gambling venue missed its first-year revenue projections by $100 million. While they did not provide details on the nature of help they were seeking from lawmakers, it is believed that they might have asked for a tax break.

Del Lago currently pays an annual tax of 37% on its slot machine revenue and a 10% one on table game revenue. The casino resort had its ribbon cut in February 2017. According to original forecasts, its casino floor was expected to generate revenue of $260 million during its first full year of operation. However, the gaming facility’s revenue eventually totaled $146 million at the end of that first year.

In a letter to Gov. Cuomo and New York State budget director Robert Mujica, Sen. Joe Griffo said that del Lago was seeking a tax break of around $14 million. The Senator further wrote that he did not support a bailout of this proportion, as the state had more pressing needs.

’Private Concerns’

Gov. Cuomo told local media earlier this week that the Upstate New York casinos were private concerns and that he did not want to “get into the business of bailing out private concerns.”

Del Lago officials have blamed the Seneca Nation for their casino’s failure to reach its gaming revenue goal. The tribe operates three casinos in the western part of the state. It used to share a portion of its gaming revenue with the state under a 2002 compact. However, it stopped making payments in 2016, arguing that the compact had expired.

Steve Greenberg, a spokesman for del Lago, said that the tribe has been using the portion of revenue it should have been sharing with the state to lure patrons with different offers and promotions. According to Mr. Greenberg, tribal casinos have thus been cannibalizing revenue from the state’s commercial casinos, hence del Lago’s call for assistance.

Casino officials have told lawmakers that the property generates enough revenue to pay the bills, but that it would likely face serious problems in the long-term if it is not treated to a bailout.

Rivers Casino, which opened doors in Upstate New York shortly after del Lago, is understood to have, too, turned to state lawmakers to seek a tax break. Rivers generated $151.8 million in gaming revenue during its first year of operation, falling well short of its target of between $180 million and $220 million.

The post Gov. Cuomo Refuses Bailout to Cash-Strapped del Lago Resort & Casino appeared first on Casino News Daily.

Zlatan Ibrahimovic Becomes Bethard's Ambassador

Latest Casino Bonuses
Zlatan Ibrahimovic Becomes Bethard's Ambassador
Zlatan Ibrahimovic Becomes Bethard's Ambassador

A world-famous football phenomenon (that's soccer, for our US-based friends), the Swedish superstar, Zlatan Ibrahimovic, has recently signed two massive deals that will take his amazing career to further heights. Having completed his stint with Manchester United, Zlatan has signed a contract for the MLS club LA Galaxy where he will be playing starting next season. Also, he has become an ambassador for the Swedish betting operator, Bethard!

Ibrahimovic – whose stellar career had him playing for all the major European teams: Ajax, Juventus, Milan, Inter, Barcelona, Paris St Germain and United – will be also taking on duties concerning the development of the company's offering. Zlatan himself said he is very pleased to be working with Bethard, having already rejected several other betting companies: “I have obviously been intensively courted by betting companies throughout my career, but up until now I have not been presented to anything that has triggered me. With Bethard, there was something different. It’s a company with Swedish roots, the founders are from my home town and they are true challengers who really wants to do things differently.”

The Swedish betting operator’s co-founder and chief executive, Erik Skarp comments: “We have taken a bold decision to start building a next generation sports betting brand and we are of course super excited to welcome Zlatan onboard. This move marks the starting signal for us. Through the agreement we will not only have an outstanding brand ambassador, but also a very engaged co-owner who I know will push us relentlessly forward.”

Ibrahimovic is already making their appearance on Bethard Casino as the recurring theme of “winning in the world of high odds.”

Check out the highly-amusing promotional video:

Source:

“Zlatan Ibrahimovic teams up with Bethard.com”, bethardgroup.com, March 27, 2018.

Thursday, March 29, 2018

In The Race To Succeed, Will It Be Hard Rock Atlantic City Or Ocean Resort Casino?

In The Race To Succeed, Will It Be Hard Rock Atlantic City Or Ocean Resort Casino?
car race

The summer openings of Hard Rock Atlantic City and Ocean Resort Casino have brought a level of excitement back to the city, so which NJ casino will succeed may, in fact, be a trick question.

The post In The Race To Succeed, Will It Be Hard Rock Atlantic City Or Ocean Resort Casino? appeared first on .

Juegos Miami registration up by over 40%

RSS
Juegos Miami registration up by over 40%

Juegos Miami, the bespoke event created to meet the business needs of the Pan Latin American and Caribbean gaming sectors, has captured the attention of the industry with registration of Director and C-Level delegates up by an impressive 42 percent, year-on-year. 

Popular Social Casino Constitutes Illegal Online Gambling in Washington

Casino News Daily
Popular Social Casino Constitutes Illegal Online Gambling in Washington

A US Court of Appeals judge ruled on Wednesday that Big Fish Casino constituted illegal online gambling under the Washington state gambling law. The recent court ruling could open Pandora’s box for the growing social casino sector, particularly in the US where online gambling is prohibited in most states.

Developed by Seattle-based casual gaming company Big Fish Games, Big Fish Casino offers free-to-play versions of popular casino games, including slots, roulette, and blackjack. Players can play these via virtual chips that have no actual monetary value. However, if users run out of chips, they can either wait until they are offered more free chips to play the games, or can purchase chips for real money.

Judge Milan D. Smith of the US Court of Appeals for the Ninth Circuit said on Wednesday that the virtual chips were a “thing of value” and their purchase actually represented illegal online gambling under state law.

The lawsuit was filed against Churchill Downs back in 2015 when the Kentucky-based casino operator was the owner of Big Fish Games. Churchill Downs bought the casual games studio a year earlier for $885 million. It announced last year that it would sell Big Fish Games to Australian gaming company Aristocrat Technologies for nearly $1 billion. The deal was closed earlier this year, as confirmed by the casino company.

The ruling could have a negative impact on the growing social casino market which was worth over $3 billion last year, as virtual currencies are widely popular in social casino games. The outcomes of previous lawsuits against representatives of the social casino sector had generally been favorable. However, Judge Smith’s ruling from Wednesday could complicate future lawsuits related to the nature of social casino games and whether these constitute online gambling.

Big Fish Casino’s Lawsuit in Greater Detail

In 2015, Cheryl Kater, a regular Big Fish Casino player, filed a lawsuit against the social casino’s parent company Churchill Downs, claiming that she had spent over $1,000 on virtual chips to be able to play. Her legal team also argued that virtual chips represented “a thing of value” under a provision in Washington’s gambling law.

[A]ny money or property, any token, object or article exchangeable for money or property, or any form of credit or promise, directly or indirectly, contemplating transfer of money or property or of any interest therein, or involving extension of a service, entertainment or a privilege of playing at a game or scheme without charge.

Ms. Kater further pointed out in her legal complaint that the virtual chips could be cashed out by being sold for real money on secondary markets or being transferred to other users. However, that argument was rejected by the Court of Appeals as Big Fish Casino’s terms and conditions explicitly prohibited practices of this kind.

The post Popular Social Casino Constitutes Illegal Online Gambling in Washington appeared first on Casino News Daily.

The RANK Group Celebrate Raising A Record £1.8m For Carers Trust Thanks To Support Of Staff And Customers

RSS
The RANK Group Celebrate Raising A Record £1.8m For Carers Trust Thanks To Support Of Staff And Customers

The valuable support of Rank Group staff and customers has been recognised at a special event in Coventry on 14th March

Wednesday, March 28, 2018

Esports Arena Las Vegas -- LUXOR HOTEL AND CASINO

eGaming
Esports Arena Las Vegas -- LUXOR HOTEL AND CASINO

Esports Arena Las Vegas, the first permanent esports venue on The Strip, is now open at Luxor Hotel and Casino.

Esports Lights Up On the Vegas Strip

RSS
Esports Lights Up On the Vegas Strip

All-Star Culinary Program by Chef José Andrés, Epic Tournaments, Interactive Entertainment Combine for Unique Gaming Experience at Luxor Hotel and Casino

Is £1 Million Enough Punishment for SkyBet for Failing Self-Excluded Gamblers?

Casino News Daily
Is £1 Million Enough Punishment for SkyBet for Failing Self-Excluded Gamblers?

News exploded earlier today that Sky Betting and Gaming (SkyBet) has become the latest UK-facing operator to have been reprimanded by the Gambling Commission for social responsibility failures. One of UK’s largest gambling companies, formerly owned by broadcasting giant Sky, SkyBet was fined £1 million by the regulator for failing to prevent self-excluded customers from registering with its websites and other regulatory breaches.

SkyBet is being imposed a penalty from the UKGC at a time when the regulator is reviewing its existing license conditions and is gradually rolling out tougher ones for iGaming operators to follow and comply with.

Last summer, 888 Holdings was fined £7.8 million for similar responsible gambling breaches. And last month, William Hill received £6.2-million bill for what the Commission deemed poor anti-money laundering policies and player protection failures. While the scope of violations was different in each of the three cases, the fines imposed certainly raise the question whether the UKGC has gone too soft on SkyBet.

The Nature of SkyBet’s Failures

The UKGC found, after probing into the matter, that SkyBet breached the Commission’s codes and rules for the provision of gambling services in three different ways. In the first place, it became clear that 736 customers of SkyBet, who had self-excluded themselves, were able to open duplicate accounts with the operator and gamble via those in the period between November 2014 and November 2017.

In the second place, around 50,000 customers kept on receiving promotional materials by the operator even after self-exclusion. Self-excluded players and bettors were thus encouraged to gamble. And while they were presumably not able to reopen their accounts with SkyBet, people, some of whom may have been trying to fight problem gambling behavior, could have felt the urge to gamble somewhere else.

Last but not least, the UK Gambling Commission found that a total of 36,748 self-excluded customers did not have their account funds returned upon account closure.

SkyBet will thus have to pay £1,008,600, including £750,000 to responsible gambling charities. The remaining portion of its penalty would be split in the following way – £450,000 for allowing self-excluded customers to open duplicate accounts, £250,000 for sending self-excluded customers gambling-related promotional material, and £50,000 which the operator will have to return to players who had opted for self-exclusion.

Does the Penalty Match SkyBet’s Failures?

SkyBet’s breaches of its license terms eventually affected tens of thousands of self-excluded customers in one way or another and could have affected many more.

The reason why a person decides to self-exclude themselves from one gambling website or another is that they either feel to be close to developing some form of gambling addiction or have already become a gambling addict. What may seem to be a minor violation by an operator toward a self-excluded player could actually become a serious trigger for that same player to relapse into their risky gambling behavior. Operators need to be aware of that and to make sure that their customers are well-protected.

SkyBet was found to have generated gross gambling yield of £217,306 from the self-excluded players who were able to open new accounts with the operator. In comparison, 888 was fined £7.8 million partly for allowing players, who had self-excluded from its betting/casino/poker platform, to play on its bingo platform. Players were thus able to deposit over £3.5 million with the operator.

While £3.5 million is an enormous amount when compared to just over £200,000, it is important to note that in 888’s case self-excluded players were able to gamble within the period between October 2015 and September 2016. However, with SkyBet self-excluded customers opened and used accounts between November 2014 and November 2017 or for three years.

In 888’s case more than 7,000 customers were affected, while in SkyBet’s case there were just over 700 customers. Both operators failed self-excluded players in a very serious manner and fines were a must. However, the fact that it took SkyBet three years to solve an apparent issue with its self-exclusion system raises questions and doubts about the operator’s ability to prevent customers with problem gambling behavior from being able to gamble.

As already pointed out, SkyBet is one of largest UK-facing operators. And if an operator with extensive record in the online gambling field and with a large player base is unable to protect its customers, it certainly deserves more than a slap on the wrist, particularly when it takes so long to solve an issue that could put at risk thousands of people.

The post Is £1 Million Enough Punishment for SkyBet for Failing Self-Excluded Gamblers? appeared first on Casino News Daily.

NetBet Adds Realistic Games Products To Portfolio

Latest Casino Bonuses
NetBet Adds Realistic Games Products To Portfolio
NetBet Adds Realistic Games Products To Portfolio

Award-winning casino supplier, Realistic Games and sportsbook operator, NetBet, have signed a content agreement that includes the integration of the supplier’s casino offerings. Recent additions with three and five reels, Win Sprint, Symmetry and Time Is Money are also part of the offer as well as 3D releases and deluxe games whose mobile versions are currently being developed. Apart from casino titles, mini games and pull-tabs, smash hits and favorites Super Graphics Upside-Down and Six Appeal have also been confirmed.

Speaking on the agreement, the commercial director of Realistic, Robert Lee, expressed satifsfaction about providing the company’s finest products to a platform such as NetBet which is popular across different countries. In the coming months, a new series of exciting casino titles will be added to the portfolio and the group is working hard on delivering an even greater gaming experience. At the same time, Gavin Wong, the casino’s content manager pointed out the performance of offerings which cover all platforms and a variety of devices.

ReGaL suite is available through a simple integration whose presence on digital gaming markets has increased in the past two years. The studio specializes in creating not only premium slots, but also roulette, blackjack and fixed odd games that can easily adapt to the sportsbook’s amazing catalog. A lot of classy online venues and operators such as BetVictor, Ladbrokes, bet365, William Hill, Gala Bingo, Bede, Gaming Realms, NYX, Leo Vegas, Vera & John, GVC and The Kindred Group have signed a content deal with the company after it went into production in 2011.

Likewise, NetBet represents a truly staggering platform for online betting with superb promotional offers in each category: sport, in-play, casino, live casino, vegas, lottery and poker. Their services are offered in several different languages and all of them are licensed by the UK Gambling Commission and Alderney Gambling Control. All major payment methods including VISA, NETeller, Skrill, Qiwi, PayPal, Trustly and others are available and help center can be reached from 09:00 to 23:00 (GMT+1).

Source:

“NetBet to Integrate Realistic Games Content”, maltaigamingsummit.com, March 26, 2018.

Tuesday, March 27, 2018

Yggdrasil inks content deal with Stanleybet

World Casino News
Yggdrasil inks content deal with Stanleybet

Provider of superior online and mobile casino games, Yggdrasil Gaming, has inked a content deal with Liverpool-based operator and manager of sports betting shops, Stanleybet, which will see its wide range of titles in Italy. In addition to popular gaming content, Yggdrasil will also provide the operator with access to its social sharing tool, BRAG […]

Borgata Motion for Summary Judgment Denied in Latest Installment of Phil Ivey Edge-Sorting Saga

Casino News Daily
Borgata Motion for Summary Judgment Denied in Latest Installment of Phil Ivey Edge-Sorting Saga

A US district judge denied Monday a request for summary judgment filed by Atlantic City’s Borgata Casino as the gambling venue seeks to sue card manufacturer Gemaco for knowingly supplying it with defective cards, Law360 reports.

The playing cards were used by famed poker pro Phil Ivey back in 2012 when the player won more than $9.6 million by playing baccarat at the Borgata with its fellow player Cheung Yin Sun. The Borgata has also been suing Ivey seeking to collect the aforementioned amount plus damages from him and his companion player.

Last summer, the popular Atlantic City Boardwalk casino filed a motion for summary judgment in its case against Gemaco. The gambling venue claimed that Gemaco had provided it with defective cards and that it had thus enabled Ivey and Sun to exploit the defects and generate large profits from the casino.

On Monday, US District Judge Noel L. Hillman denied the Borgata’s motion and partly granted Gemaco’s cross-motion for summary judgment, ruling that Ivey and Sun were the ones to blame for exploring and exploiting differences on the backs of the cards while playing baccarat at the casino. Judge Hillman went on to say that Gemaco was thus not “liable for any tort claims” by the Borgata.

The judge granted Gemaco cross-motion for summary judgment for the casino’s common law breach of contract claim, of implied warrant claim, and of common law negligence. The card manufacturer filed a request for cross-motion summary judgment last October, claiming that the Borgata had no actual proof that the cards were defective as it destroyed them.

The Atlantic City seeks to recoup the $9.6 million it lost to Ivey and Sun from both the two players and Gemaco.

Where Does the Legal Dispute Stem from?

Ivey and Sun visited the Borgata back in 2012 to play baccarat. The two players requested a private pit, a Mandarin-speaking dealer, and decks of purple Gemaco cards, among other things. They amassed winnings of more than $9.6 million over four casino visits.

The Borgata paid out the money but it later on came to its knowledge that the two players had used the controversial edge-sorting technique to win at the baccarat table. Generally speaking, Sun and Ivey opted for the purple Gemaco cards because they knew that these had tiny discrepancies on their backs that could be exploited by players to gain edge over the casino. That was exactly what Ivey and Sun, who is notorious for her edge-sorting skills, did at the casino.

Judge Hillman ruled in October 2016 that the technique itself did not equal to criminal deception or fraud. However, the judge concluded that the two players violated the New Jersey Casino Control Act by deploying edge-sorting at the Borgata. Ivey and Sun are seeking a final judgment in the case, that was originally opened in 2014, in order to be able to appeal the October 2016 ruling to the US Court of Appeals.

Late last year, the Supreme Court of the United Kingdom ruled against Ivey in his lawsuit against Crockfords. The player sued the Mayfair casino for withholding the amount of £7.8 million he won in 2012 by playing punto banco. Once again accompanied by Sun, Ivey amassed the winnings by deploying edge-sorting. The casino eventually refused to pay out the money and found itself embroiled in a three-year legal fight that eventually concluded in December.

The post Borgata Motion for Summary Judgment Denied in Latest Installment of Phil Ivey Edge-Sorting Saga appeared first on Casino News Daily.

1xbet chooses BGB to power Live Casino services

eGaming
1xbet chooses BGB to power Live Casino services

BGB recently announced that it has signed an agreement with 1xbet for BGB to provide its Live Casino platform to the 1xbet who will add BGB’s full portfolio of live games to its online platform.

Ladbrokes Loses £71 Million Tax Case

Latest Casino Bonuses
Ladbrokes Loses £71 Million Tax Case
Ladbrokes Loses £71 Million Tax Case

Ladbrokes betting group has had quite a dispute with HMRC UK tax authorities – in 2008, Ladbrokes and Deloitte (their accountant firm) deployed a corporate tax scheme by using a loophole that was shut down by the UK government later on, after it was used by numerous other organizations.

The company handed in an appeal over the £71 million ($100 million) tax case that was just rejected by the Court of Appeal. This was its third attempt at winning a rebate and it seems their decade-long battle has come to an end.

The case was with UK Tribunal Court last year already and it was rejected then, which is when Ladbrokes appealed. At first, when HMRC warned the brand that the company has failed to pay taxes, the betting group accepted to pay it. However, soon after they attempted to get the money back. They were permitted to take their case to the Court of Appeal who found that “UK tax rules prevented Ladbrokes' attempt at tax advantage.”

HMRC spokesperson commented: “We are pleased that the Court of Appeal supports HMRC’s view that Ladbrokes were attempting to avoid corporation tax. Avoidance schemes like this just don’t work and HMRC will always take firm action against them. HMRC wins nine out ten avoidance cases we take to court.”

Ladbrokes representative also weighed in, saying: “We note the court ruling. This was a case regarding taxes already paid and accounted for, so while the case may have been given against us, it has no bearing on our numbers.”

Source:

“Ladbrokes fails to recoup £71m from HMRC as court rejects rebate claim in long-running tax spat”, Rogers Alexandra, cityam.com, March 22, 2018.

Monday, March 26, 2018

Inside Asian Gaming And Reed Exhibitions Announce Ballroom At Mgm Cotai As Host Venue Of Inaugural Official G2E ASIA Awards As Official Website Is Launched

RSS
Inside Asian Gaming And Reed Exhibitions Announce Ballroom At Mgm Cotai As Host Venue Of Inaugural Official G2E ASIA Awards As Official Website Is Launched

Public nominations are currently open for all of the 12 awards categories.