Tuesday, July 31, 2018

Bally’s, Harrah’s Launch Sportsbooks This Week In Atlantic City; Online To Follow Soon

Bally’s, Harrah’s Launch Sportsbooks This Week In Atlantic City; Online To Follow Soon
Harrah's

NJ sports betting begins at Bally's and Harrah's in Atlantic City this week. Caesars is rolling out sports betting at its properties in New Jersey and Mississippi with online sports betting next up.

The post Bally’s, Harrah’s Launch Sportsbooks This Week In Atlantic City; Online To Follow Soon appeared first on .

Caesars Entertainment Corporation casinos to debut sportsbooks

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Caesars Entertainment Corporation casinos to debut sportsbooks

Caesars Entertainment Corporation is set to become the latest casino operator to expand its sportsbetting services in the United States after announcing that it intends to launch sportsbooks for its properties in New Jersey and Mississippi over the next few weeks. Launches to begin in New Jersey: Las Vegas-headquartered, Caesars Entertainment Corporation, used an official Monday press release […]

Interblock to Exhibit Cutting-Edge ETGs at AGE 2018

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Interblock to Exhibit Cutting-Edge ETGs at AGE 2018

Luxury gaming manufacturer and electronic table game (ETG) market leader Interblock® today announced that it will exhibit its cutting-edge products at the Australasian Gaming Expo (AGE) 14 – 16 August in booth #451. 

Scientific Games signs sports betting deal with Caesars Entertainment

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Scientific Games signs sports betting deal with Caesars Entertainment

Scientific Games Corporation recently announced that it will partner with Caesars Entertainment Corporation to provide its OpenBet sportsbook platform in New Jersey and Mississippi.

Choctaw Casino & Resort to host WPT

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Choctaw Casino & Resort to host WPT

The World Poker Tour is back in Oklahoma in just a few days, as the Choctaw Casino & Resort will be hosting the WPT Choctaw event. Running from the 3rd to the 7th of August, the stop will mark the fourth year running that the WPT has traveled to Oklahoma for the main leg of […]

Monday, July 30, 2018

Kambi Expands Contract With Mr Green

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Kambi Expands Contract With Mr Green
Kambi Expands Contract With Mr Green

Renowned providers of sports betting services to licensed B2C gaming operators, Kambi Group, have pinned a contract extension with one of the busiest gaming platforms of today – Mr Green.

The deal includes integration of the sportsbook into recently purchased Redbet – a well-rated betting brand with products such as live casino, poker and sports.

The partnership between the two companies was formed in 2016, posterior to the launch of a Kambi-powered sportsbook. The multi-year agreement now includes an enhanced provision of services, thusly increasing the group’s revenue stream per annum.

A Vital Supply Shift

Switching its current sportsbook provider in favor of Kambi is Redbet’s next tactical and technical move, expected to be fully completed in Q3 2018. Kristian Nylen, CEO at the company confirmed in an interview that the extension of the contract with Mr Green in terms of offerings will make the network even more compelling, leaving other suppliers one step behind.

The operator is quite successful in managing various technologies, as well as developing exquisite betting experiences thanks to its unique promotional campaigns, products and sensational up-to-date deals. CEO at MRG, Jesper Karrbrink, added that forming new partnerships and strengthening current ones represents a successful strategic path which allows a lot of freedom and control.

Increased Betting Efficiency

Karrbrink said that each contract renewal is an opportunity to further improve the platform, allowing all players greater betting efficiency and user experience. By merging Redbet’s unique line of products with sportsbook operations from Kambi, punters will be able to indulge in benefits of the two leading brands.

There is an entire portfolio of customers beside Mr Green that have committed to the supplier, including 888 Holdings, LeoVegas, Kindred Group and others.

Each deal was signed for a period of at least 12 months, ensuring Kambi a chance to set further foundations for an even stronger platform as well as future growth and plans.

Source:

“Kambi signs expanded contract with Mr Green”, kambi.com, July 17, 2018.

MGM Resorts And GVC Striking $200 Million Sports Betting Partnership

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MGM Resorts And GVC Striking $200 Million Sports Betting Partnership

The news broke that MGM Resorts and Britain’s GVC were in the process of completing a deal to offer online sports betting in the US over the weekend. MGM confirmed the partnership late Sunday evening.

Judge Dismisses �Matt Kirk versus Leon Tsoukernik' Poker Lawsuit

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Judge Dismisses �Matt Kirk versus Leon Tsoukernik' Poker Lawsuit
The epic lawsuit between two poker pros that started since May 2017 has now finally come to an end, and the final verdict possibly does not bode well for one of them. Based on court documents filed in Clark County District Court at the end of June 2018, a judge had "dismissed with prejudice the entire case" between Aussie poker pro Matt Kirk and Czech casino owner Leon Tsoukernik. District Court Judge Linda Marie Bell wrote, "Having come before the court by stipulation of the parties, the cour[...]

GVC Holdings in merger talks with MGM Resorts

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GVC Holdings in merger talks with MGM Resorts

Isle of Man-based online gambling company, GVC Holdings, has reportedly confirmed it is engaged in talks regarding a merger with global hospitality and entertainment company, MGM Resorts International (MGM:New York). According to Sky News … The owner of British-based betting and gambling company, Ladbrokes Coral Group plc, will this week or as soon as Monday, […]

Sunday, July 29, 2018

Pachinko remains king for Japanese gamblers

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Pachinko remains king for Japanese gamblers

In Japan, pachinko reportedly remains the most prevalent form of gambling with the amount spent by players enjoying the vertical pinball-like slot machines regularly topping approximately $200 billion every year. Revenues double earnings from automobile exports: According to a Thursday report from The Independent newspaper, the Japanese pachinko sector annually takes in about twice what […]

Ireland’s Revenue Declares War on Dublin’s Illegal Casinos

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Ireland’s Revenue Declares War on Dublin’s Illegal Casinos

Ireland’s Revenue has issued enforcement letters to a number of illegally operating casino facilities across Dublin giving them 21 days to remove gambling machines from their premises, The Times reported earlier this week.

News about the government agency launching a crackdown against illegal operations arrived after an investigation by The Times showed that a number of Dublin-based arcades have used their licenses to operate gambling machines, thus breaching a 1988 citywide ban on the latter devices.

Under the long-standing prohibition, no licenses for gambling machines can be issued to facilities located within city limits. However, The Times reported last month that a number of arcade facilities are violating that ban and are using their arcade machine licenses to operate gambling machines.

According to Revenue definitions, arcade/amusement machines are games that gives players the chance to win no more than an opportunity to play again or a non-monetary prize the value of which is worth no more than €7. The Times found that the gambling machines at some of the arcade premises across Dublin offered players the opportunity to wager up to €2,500 on casino-style games such as video poker, roulette, and blackjack. Such premises now have 21 days to remove all gambling machines or face seizure of those.

Industry Responds to the Looming Crackdown

The Irish Amusement Trades Association (IATA), which represents both licensed and unlicensed arcades, has responded quickly to the pending crackdown, saying that it was considering legal actions against Revenue’s ruling. The association has long been lobbying for the ban on casino-style gambling in Dublin to be lifted.

IATA General Secretary John Roche has previously said that Ireland’s current gambling laws are archaic and are violating directives of the European Union in relation to the provision of gambling services across member states. Ireland’s gambling industry is regulated under the Gaming and Lotteries Act which took effect back in 1956.

Irish lawmakers have been working for years on a piece of legislation that would replace the obsolete regulations, but not much progress has been made so far.

A Revenue spokeswoman has told The Times than any operator of gambling machines without the necessary license or using an arcades license to operate gambling machines would have their machines seized and would be prosecuted. IATA maintains that they can face down the taxman in court and even win, citing recent European Court of Justice rulings, under which any laws restricting gambling to certain areas in a given country should be reviewed if they are applied properly.

According to a 2015 study by Gaming and Leisure Association Ireland the issuance of arcade licenses is cheaper than of gambling machine ones and by favoring the former, the country is thus losing revenue. The study also said that of all 7,559 arcade licenses issued, around 5,000 were actually used for gambling machines that offered cash prizes.

The post Ireland’s Revenue Declares War on Dublin’s Illegal Casinos appeared first on Casino News Daily.

Saturday, July 28, 2018

Nolimit City Launches Hot Nudge Slot

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Nolimit City Launches Hot Nudge Slot
Nolimit City Launches Hot Nudge Slot

One rarely sees such a frantic flurry of business activity such as the one demonstrated by the major casino software supplier based in Stockholm and Malta, Nolimit City. The platform and tech solution prodigy has been having one heck of a spring/summer period.

As they continue to come up with various new partnerships and gaming titles, let us remind you that the company released its latest addition, Coins of Fortune, and has agreed upon a deal that will see them begin delivering games to one Mr Green Casino.

Wink-Wink, Nudge-Nudge

But before we go on refreshing your memory with all of the good stuff they've done recently, let's take a look at the brand-new slot sensation, Hot Nudge. The game, which is already live with operators, is a total norm-breaker and bears a certain uniqueness.

This is a 5x4, 40-payline slot game that pays tribute to the classic Nudge feature. Its “hair raising gameplay” is based on diesel-punk aesthetics (think steam-punk on steroids) with constant flaming Wilds and up to 10x multipliers on any given spin!

Potentially dishing out huge wins, this HTML5 game, available on all devices, will appeal to high-rollers.

In Starring Roles

In the sense of sound and visuals, the game is nothing short of a miracle, with a metal contraption serving as reels/slot machine itself, filled with majestically designed symbols like Queen of Steam, Jack of Punk, King of Diesel, Hot Scatters and...

...and on the audio side of things, a gentle, dark-ambient score creates a perfect industrial backdrop for a bleak theme.

Landing at least three scatters will trigger a round of 7 extra spins. The symbols are, in general, expanding and you can get additional extra spins by landing only one more scatter and the number of nudges down.

Nolimit City guarantees that “that this bonus round is sure to drive the thickest skinned to a heated fury that can reap highest rewards.” Well, that sounds good, doesn't it?

The Chief Says

Nolimit City's Product Owner, Per Lindheimer, comments...

“Hot Nudge takes a gritty turn into the diesel-punk world where the persistent may conquer. We always loved the nudge feature in classic games and are very pleased to be able to incorporate it into different features. There are some massive hits in the game and that x10 multiplier sure will get the adrenaline pumping!

During the past months, the company has been busy over their heads and have inked supply deals with Soft2Bet, Bethard, Gaming Innovation Group and Suprnation.

Check the game out and let us know your thoughts:

Source:

“Hot Nudge – Now Live”nolimitcity.com, July 26, 2018.

Controversy At FanDuel Sportsbook Leads To Questions, Concerns As NFL Season Nears

Controversy At FanDuel Sportsbook Leads To Questions, Concerns As NFL Season Nears
fanduel sportsbook

A couple late MLB games lead to confusion and disgruntlement at FanDuel Sportsbook at the Meadowlands this week, but football season is just around the corner.

The post Controversy At FanDuel Sportsbook Leads To Questions, Concerns As NFL Season Nears appeared first on .

Gamenet Group SpA purchasing rival GoldBet

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Gamenet Group SpA purchasing rival GoldBet

Italian gaming operator Gamenet Group SpA has reportedly announced a deal that is to see it pay out approximately $310 million in order to purchase all of the capital in domestic rival GoldBet. Combined entity to be ‘clear leader’ in Italy: According to a report from iGamingRadio.com, Guglielmo Angelozzi, Chief Executive Officer for Rome-headquartered Gamenet […]

Reconsideration of Brockton, Mass casino on hold until September

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Reconsideration of Brockton, Mass casino on hold until September

A Thursday decision by the Massachusetts Gaming Commission will see a request to reconsider its 2016 rejection of a proposed $700 million casino on the Brockton Fairgrounds (pictured) put on hold until September. According to Mass Live… Developer Mass Gaming & Entertainment petitioned the commission in June to revisit its application and to do so “without […]

Friday, July 27, 2018

Operators reaffirm their interest in coming Japanese casinos

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Operators reaffirm their interest in coming Japanese casinos

Following last week’s passage of the Integrated Resort Implementation Bill, three of the world’s largest gambling operators have reportedly reaffirmed their interest in running one of Japan’s coming trio of integrated casino resorts. According to a Thursday report from GGRAsia, the past seven days have seen leading figures at Melco Resorts and Entertainment Limited, Las […]

Simon Lam Takes Down Inaugural WPT Gardens $5,000 Main Event

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Simon Lam Takes Down Inaugural WPT Gardens $5,000 Main Event

Simon Lam is the brand new member of WPT’s club of Main Tour Main Event champs. The player outlasted the 584-strong field of the inaugural edition of the WPT Gardens Poker Festival $5,000 Main Event for his first title from the popular poker series.

He collected a payout of $565,055 and a brand new 2018 Mercedes-Benz SLC Roadster (valued at around $50,000). The player also secured a $15,000 ticket into the season-ending WPT Tournament of Champions.

The final day of the WPT Gardens Main Event was played on Thursday at the Gardens Casino in Hawaiian Gardens, California. Lam came into that final day as the chip leader among a total of six survivors who comprised the official final table.

The first levels of the day saw poker pro Jake Schindler take the lead and extend the gap between him and his fellow contenders. Schindler then lost some of his momentum and what followed next was a fierce war for the chip lead between Men Nguyen and Lam. That war lasted hours and extended into three-handed play.

During that key and lengthy stage of the final table, the chip lead exchanged hands between Nguyen and Lam, and Schindler occasionally managed to double through his two remaining opponents to get ahead of them for a while. It was the elimination of Nguyen in third place that put an end to the mad three-handed race. The player collected $270,430 for his performance.

Heads-Up Duel

Lam was the chip leader at the time heads-up between him and Schindler kicked off. And the player never really lost his momentum, despite his opponent’s efforts to improve.

The two-handed match began with Lam holding 19.2 million in chips to Schindler’s 4.175 million. The two players battled it out for 11 hands until Hand #164 of the six-handed final table was dealt. It saw Lam raise to 600,000 pre-flop and Schindler call.

The [Js][7c][2c] landed on the flop. Schindler checked, while Lam bet 500,000 to see his opponent check-raise to 1.5 million. Lam spent the next 30 seconds thinking what to do next and eventually shoved. Schindler snap-called for his last 4.675 million, tabling [Jd][8d] for a pair of jacks. Lam turned [Jc][9s] for pocket jacks but with a higher kicker. Blank [3h] on the turn and [2d] on the river sealed it for Lam and sent Schindler to the rail. The tournament’s runner-up finisher collected $366,740.

Craig Varnell finished fourth in the WPT Gardens Main Event for $201,615. Saya Ono took home $151,995 for her fifth-place finish. Jared Griener went out in sixth place for $115,885.

The first ever WPT Gardens Main Event saw 584 entries who created a prize pool of $2,944,800. The top 73 finishers received a portion of the money.

The WPT is next heading to Choctaw Casino & Resort in Durant, Oklahoma for the second poker festival on its 2018/19 schedule. That festival’s Main Event take place on August 3-7. It features a $3,700 buy-in fee and a guaranteed prize pool of $1 million.

The post Simon Lam Takes Down Inaugural WPT Gardens $5,000 Main Event appeared first on Casino News Daily.

Snaitech Enters Spanish Market, Playtech to Follow

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Snaitech Enters Spanish Market, Playtech to Follow
Snaitech Enters Spanish Market, Playtech to Follow

Italian developer, Snaitech, is making their first move to foreign markets by entering a deal that will see their brand of tech solutions delivered to Spanish players.

The company has managed to secure the B2B Spanish license (from their regulator, DGOJ) and will therefore swiftly introduce their Smart Technology offer to operators in this Western European nation.

What's on the Menu?

Snaitech will be putting various online and mobile app sports betting products, payment processing services and betting terminals...

The deal is being made with the help of BetSmart platform and Apuestas de Espana.

...And as Fabio Schiavolin, the company's managing director puts it: “The Snaitech universe is being transformed and is driving the company beyond its position as an Italian market leader. After launching in July, in the following months we want to expand our presence in the Spanish gaming sector in different autonomous communities.”

Impending Changes

Back in April, the software developing giant, Playtech, has completed the acquisition of Snaitech's 70.6% of shares for €846 million and has since been required to purchase the remainder of shares after securing approval from Italy's financial regulator, Consob.

At the moment, Playtech owns 96.5% of the Snaitech shares and will complete the full takeover on August 3rd.

This acquisition also means a change in personnel. Shiavolin will remain managing director of Snaitech until 2021, while Mor Weizer, Playtech CEO will become the chairman of the company.

Likewise, Playtech's Chief Financial Officer will be joining the board.

Weizer commented that this reshuffling would “improve the quality and diversification of group revenue, whilst delivering exposure to high growth end markets.”

Source:

“Snaitech enters Spain as Playtech deal nears completion”, igamingbusiness.com, July 26, 2018.

Slovakia Submits New Gambling Law for EC Review

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Slovakia Submits New Gambling Law for EC Review

Slovakia submitted earlier this week a draft legislation that proposes major reforms to the country’s gambling industry for a review by the European Commission. Among other things, the piece aims to liberalize the country’s online gambling market and allow for international companies to operate in a regulated environment.

The Slovak Ministry of Finance submitted the draft Act on Gambling on July 25, 2018 for a review by the EC. This means that the legislation is now in a three-month standstill period during which it cannot take effect. The standstill period is due to end on October 26. During the next three months, European authorities will review the proposed reforms in the country’s gambling regulatory regime. If the EC does not provide comments on the legislative piece or an explicit rejection of its provisions, it will be able to take effect.

News that the Slovak government was planning to introduce certain changes in the way online gambling services have been provided in the country emerged in May when local lawmakers introduced the draft Act on Gambling.

Under the legislative piece, the national operator Tipos will keep its monopoly over the provision of online lottery, bingo, and raffle products. However, international operators will be able to apply for licenses to provide online casino games, poker included, to Slovak gambling customers. Licensed companies will be required to pay a 23% tax on their revenue from Slovakia.

The new legislative piece also reads that companies that target local customers without the necessary authorization from local regulators would be subject to penalties.

The Slovak government has said that with the planned revamp of the country’s gambling market, they aim to take “the technological progress and the findings of regulatory authorities in other European countries into account more fully”, while providing better protections for consumers of gambling services.

Other Proposed Reforms

The draft legislation also contains provisions concerning Slovakia’s land-based gaming industry. The legislative piece, if it takes effect, will enhance the scope of authority of Slovak municipalities in regulating the provision of gambling services. Local governments will thus be able to determine whether they want or not gambling services to be provided on their territories.

The proposed reforms in Slovakia’s land-based gambling field come in the wake of a Regional Court’s decision from last month that overturned a full ban on gambling in the capital Bratislava. Last spring, city officials adopted the ban, forcing gambling houses across the city to close doors within the next several years.

The Regional Court of Bratislava ruled early in June that the city’s decision to introduce such a ban and particularly the way it was introduced violated the law. The prohibition was adopted by city councilors at the second attempt after failing to gain enough support the first time when it was voted in February 2017.

The new Act on Gambling also proposes the establishment of an independent regulatory body that will oversee the nation’s gambling industry. The Regulatory Office for Gambling will be assigned the tasks to license and supervise regulated operations, and to sanction unregulated providers of gambling services.

The post Slovakia Submits New Gambling Law for EC Review appeared first on Casino News Daily.

Thursday, July 26, 2018

US Congress Prepares to Tackle Crypto Regulation

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US Congress Prepares to Tackle Crypto Regulation
US Congress Prepares to Tackle Crypto Regulation

Last Thursday saw a series of lectures and hearings organized by the US Congress, with the aim of education and informing members of the Congress on the subject of cryptocurrencies.

Two sets of hearings were led by the House Committee and Agriculture and House Financial Services Committee. These were featuring a host of experts and authorities on the subject as well as industry figures speaking about the traditional currencies and finance. These lectures are hopefully going to facilitate the nation-wide regulation of cryptocurrencies.

What Went Down

Some of the esteemed and prominent names that were featured on this panel were Amber Baldet, CEO and co-founder of Clovyr; Daniel Gorfine, chief innovation officer of the Commodity and Futures Trading Commission (CFTC); and Scott Kupor, managing partner of Andreessen Horowitz.

So far, the US officials’ response to Bitcoin and digital assets in general was more reactionary – the climate now dictates that it becomes more proactive.

Daniel Gorfine himself put it like this…

“We all have the shared goal to bring clarity and certainty to the market but [we] also need to be sure that we are thoughtful in our approach and do not steer or impede the development of this area of innovation. Indeed, while some may seek the immediate establishment of bright lines, the reality is that hasty regulatory pronouncements are likely to miss the mark, have unintended consequences, or fail to capture important nuance regarding the structure of new products or models.”

Participating members were in agreement that investigation regarding cryptocurrencies is necessary, with Dr. Rodney J. Garratt, professor of Economica at the University of California Santa Barbara pointing out that Federal Reserve will, at some point in the future, “need to respond to the disappearance of cash.”

He offered the formation of retail-oriented central bank cryptocurrency, but not before there is a deeper understanding of monetary policy and financial stability.

Yay or Nay?

Garratt added that “crypto is already a currency to some degree,” when asked about whether it could replace fiat, saying that volatility could begin to decline as adoption increases.

Norbert Michel of Center for Data Analysis at the Heritage Foundation says, commenting on the widespread fear of crypto criminal activity: “Yes it is true that criminals have used bitcoin, but it’s also true that criminals have used airplanes, computers, and automobiles. We shouldn’t criminalize any of those instruments simply because criminals used them.”

R Street Institute senior fellow, Alex Pollock, asserted that central bank digital currency is “one of the worst financial ideas of recent times, but still quite conceivable.” He fears that central bank’s digital currency would increase bank’s powers.

Other nations, such as the small Mediterranean island of Malta, recognized as one of the world’s hubs for iGaming and digital assets, have already began regulating the crypto. Will USA fall in line next?

Source:

“US Congress: Yes to crypto, no to central bank crypto”, coingeek.com, July 20, 2018.

William Hill U.S. appoints Sharon Otterman as chief marketing officer

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William Hill U.S. appoints Sharon Otterman as chief marketing officer

William Hill US, recently announced the appointment of Sharon Otterman as its new chief marketing officer.

Simon Lam Leads WPT Gardens Main Event Final Table

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Simon Lam Leads WPT Gardens Main Event Final Table

The WPT Gardens $5,000 Main Event final table was set early today after a long Day 4 of the tournament. Six players are set to return later today at the host venue, the Gardens Casino in Hawaiian Gardens, Southern California, to play down to a champion.

The winner will take home a nice payout of $565,055, including a $15,000 seat into the season-ending WPT Tournament of Champions, and a brand new Mercedes-Benz SLC Roadster worth over $50,000.

Simon Lam is leading the final pack of six players after the fourth day of play. The overnight chip leader had accumulated a stack of 6.155 million by the end of Day 4 action to pack with a considerable advantage over his fellow contenders for the title. Popular poker pro Jake Schindler bagged the second largest stack, good for 4.45 million.

This will be Lam’s second WPT Main Tour Main Event final table. Back in 2016, the player finished 4th in the $3,500 buy-in WPT Borgata Poker Open Main Event, good for his best live tournament cash of $250,970. Overall, Lam has nearly $1.4 million in earnings from various live tournaments.

Day 4 Action

Day 4 of the WPT Gardens Main Event kicked off with 46 hopefuls still in contention. Saya Ono was leading the survivors. While the local player failed to keep her lead throughout the day, she managed to secure her spot at the official final table. She currently occupies the fifth spot in the temporary leaderboard with a stack of 3.445 million, good for 57 big blinds. In other words, even though she stands near the bottom of the chip counts chart, she is still running pretty deep.

The Day 4 hopefuls first played to the unofficial final table of nine. Men Nguyen was holding the largest chip stack when that stage of the game was reached with 3.635 million. The remaining nine survivors were then relocated to a single table. It took 98 hands of play for the official six-handed final table to be reached.

Nguyen maintained quite some momentum halfway through those 98 hands. However, to everyone’s surprise the player fell asleep at the table and spent more than 20 hands in that state. He eventually woke up, but Lam was already gaining momentum by that time and was eying the top of the leaderboard.

Despite his unexpected nap, Nguyen made it to the official final table with the third largest stack among the remaining survivors. The player will enter the final day of action with 3.935 million or 66 big blinds.

Aside from the chip leader, Lam, Schindler, Nguyen, and Ono, Jared Griener with 3.875 million and Craig Varnell with 1.955 million were the other two players to make it to the tournament’s official final table.

Six-handed action is slated to kick off today at 4 pm local time at the host venue. The hopefuls will play down to a champion. Each of them is guaranteed a minimum cash of $115,885.

The post Simon Lam Leads WPT Gardens Main Event Final Table appeared first on Casino News Daily.

Thai Police Detain Six Chinese Nationals Involved in Illegal Gambling Operation

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Thai Police Detain Six Chinese Nationals Involved in Illegal Gambling Operation

Six Chinese nationals were detained in Thailand for the provision of illegal gambling services on the territory of the country in the latest wave of raids conducted by Thai police.

The arrested individuals, two women and four men, were found to have operated an online gambling ring from two rented houses in the city of Chiang Mai. The provision of online gambling services and products and betting on such products is prohibited under Thai gambling laws. However, this has not prevented a booming black market from setting up operations in the country and luring Thai customers into gambling.

Thai police said earlier today that during Wednesday raids into two houses in the San Sai district of Chiang Mai, they arrested six individuals, all Chinese nationals, and seized equipment used for the illegal provision of gambling services. Two Thai citizens, who were leasing the houses, were, too, arrested.

The raids took place after Chinese police informed the Technology Crime Suppression Center at the Royal Thai Police Office that Chinese nationals were operating an illegal online gambling business in Thailand.

Following an investigation, it was found out that the Chinese citizens who rented the two houses were stepping out rarely, mostly to get food supplies. Investigators further confirmed that the premises were used for the operation of an illegal online gambling service.

Equipment Seized

The Wednesday raid resulted in the seizure of tablets, mobile phones, computers and other equipment used by the arrested individuals to run an online gambling operation. Police also seized account books containing betting information. It is believed that around TBH10 million (approximately $300,426) has circulated within the illegal gambling scheme.

The detained individuals were mostly offering popular Chinese card games to lure customers from Mainland China.

The six arrested people were charged with illegal provision of gambling services and persuading people to illegally place wagers on the products offered. The two Thai house owners were charged with sheltering foreign citizens without notifying Thai immigration officers.

Thai police cracking down on illegal gambling operations has dominated headlines over the past several months as authorities have intensified their efforts to prevent a thriving black market from profiting even further.

Aside from a very limited number of exceptions, gambling is illegal in Thailand and so is engaging in gambling activities. However, according to official data, around 70% of the nation’s adult population gambles regularly, lured by attractive offering, higher odds, and the promise for a quick profit. As a result, the country’s gambling market has been growing rapidly.

Official statistics released after the Russia World Cup, which concluded nearly two weeks ago with France claiming the title precisely 20 years after its last FIFA triumph, show that Thai police arrested more than 14,300 people ahead of and during the major sporting event for illegally placing bets on matches. The figure represented a massive increase from around 5,000 gamblers arrested during the Brazil World Cup in 2014.

The post Thai Police Detain Six Chinese Nationals Involved in Illegal Gambling Operation appeared first on Casino News Daily.

Wednesday, July 25, 2018

Crypto-friendly Mr Bit Casino Now Live

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Crypto-friendly Mr Bit Casino Now Live
Crypto-friendly Mr Bit Casino Now Live

No matter if it's sizzling hot or raining cats and dogs (or as Ella Fitzgerald sang, “when it sizzles and when it drizzles”), the day is beautiful when we have a brand new online casino to announce for you!

Our new place of worship is called…

Mr Bit and we can take a guess by its name, you know what it's mostly about. That's right – cryptocurrencies! Well, just Bitcoin for now really, but we won't be surprised to see a variety of digital assets added in near future.

What to Expect

This sister site to the well-established casinos such as SlotV, Drift and Frank is adorned in an elegant and classy navy blue, a fine coat for a cutting-edge design and architecture that provides modern-day functionalities needed for desktop and mobile operating.

The lovely design is underlined by its cleanliness and intelligent use of space. Its main menu is hidden to the left and can be always accessed, and the home page features a cool game genre filter that lets you quickly find what you're looking for in terms of entertainment.

A Multitude of Currencies & Promos

Aside from Bitcoin, Mr Bit has the bragging rights for accepting multiple other currencies such as Euro, US dollar and more. Bitcoin transactions are processed anonymously and instantly. A large amount of licensed games, with more being added every day, are all supplied by leading developers.

Promotion-wise, Mr Bit offers a cool cashback up to 10%, birthday presents, a cool VIP plan with bigger cashback, private tournaments and more bonuses.

Every Monday is reserved for Happy Hours granting extra spins. A special treat comes in the form of Bitpoints awarded for every bet made playing real money games! These can be exchanged for money without any wagering requirements!

It goes without saying that a casino as well-prepared as this one comes with a 24/7 support service that will be there every step of the way for you.

Are you looking forward to joining Mr Bit? Let us know in the comments below and in the meantime, we’ll be presenting you with our own review of it in no time.

Land-based casino industry engages with key topics for future development in Europe at annual forum in Monaco

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Land-based casino industry engages with key topics for future development in Europe at annual forum in Monaco

Promoting equal career opportunities and tackling money laundering were the key issues at the annual industry forum organised by the European Casino Association (ECA) and Monte-Carlo Société des Bains de Mer at the Casino de Monte-Carlo and Hôtel Hermitage Monte-Carlo.

The NJ Sports Betting Market Is A Little More Crowded Now

The NJ Sports Betting Market Is A Little More Crowded Now
several people riding on a bike

Six casinos submitted applications for sports betting before the deadline, putting the total number of N.J. casinos who are already running sportsbooks or have applied to run a sportsbook at eight of nine.

The post The NJ Sports Betting Market Is A Little More Crowded Now appeared first on .

Exclusive Interview with PlayOJO CEO Ohad Narkis on UK Gambling Industry’s Challenges

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Exclusive Interview with PlayOJO CEO Ohad Narkis on UK Gambling Industry’s Challenges

Ohad Narkis is the CEO of PlayOJO, an innovative online casino that launched last year and is aiming to challenge the big industry names. Having previously worked for some of the global gambling industry’s powerhouses, including PokerStars and Scientific Games, Mr. Narkis is now using his knowledge and experience in the field to build a brand that places fairness and transparency at its core.

The UK gambling space is one of the main markets PlayOJO has been targeting since it went live. What are the challenges facing a new operation in the highly competitive UK online gambling environment? How is PlayOJO handling competition? And how does it make sure that its is fully compliant with the wave of regulatory reforms in the UK gambling industry from the past several years? Mr. Narkis has provided answers to these and many other important questions and has offered our readers an insight into how PlayOJO believes customers should be treated and industry challenges should be approached.

Operating an online casino business in the current environment of extreme competition, rising costs, and growing regulatory pressure must be really hard. What are the biggest challenges a new casino comes across when it goes live?

I would say that the biggest challenge of all is to cut through the noise in the market. The UK market is extremely competitive, very fragmented and is dominated by several well-established brands, some of which are high-street brands that have been around for years. To break into this cluttered market takes a lot of effort, preparation and much thought about how to differentiate yourself and stand out in the 3 key levels – Product, Brand, and Value proposition.

Without these major considerations and a creative and cut-through marketing strategy, it would be hard for any new brand to launch into a market and build any kind of significant market share. The growing compliance and regulatory pressure makes things even more challenging for a new casino. As far as PlayOJO goes, we believe that as operators we have a responsibility to our players and this is why we decided to challenge the market on some of its core shortfalls relating to fairness and transparency. With our fairness implementation, we’ve created a win win situation for both our players as well as for our business.

In what ways does PlayOJO stand out from its competition?

We’ve established PlayOJO to challenge the perception of the market. The outdated way of how things were being done was creating friction with customers and a greater level of mistrust within the industry. In order to address this fundamental inherent issue, we wanted to create a brand that is very transparent and fair. This is why we created a completely new value proposition with PlayOJO; we scrapped all the traditional bonus systems and created a new platform where customers could interact with us and not have concerns about things like funds availability or bonus money.

We wanted to create a brand that looked and felt different to any other brand. The name itself is not even a traditional casino name as we wanted to steer clear of using words like “luck” or “spins” that scream casino. The same goes for the visual brand elements being gender neutral, warm and welcoming. We treat players as our friends and this comes across in our playful and fun tone of voice and the way that we communicate with them.

Your bonus rewards system is a bit different from what is usually offered at online casinos. Can you elaborate more on how you approach new customers and how you reward them?

Keeping our players loyal is of essence and that’s why we came up with features like OJOPlus – a money-back mechanism which gives players back a percentage of their wager every time they bet, whether they win or lose. Unlike other casinos, it’s not a promotional offer but an inherent part of our value proposition which is active 24/7 and of course paid in cash.

On the same note, we don’t believe in luring our players in with too-good-to-be-true match deposit bonuses. Instead, we reward them for actually playing, using our levels system and the OJO Wheel, which they can spin by reaching new levels or just as a surprise extra perk. At PlayOJO, all funds are available for customers to play or withdraw at any time and without any restrictions. We do not impose painful wagering requirements on our players and we set no max win limit – they are in control.

The UK is the largest regulated iGaming market, but it has become a bit of a challenge to operate there due to competition and regulatory pressure. What are your personal views about that market and its current state?

The UK market is becoming much more challenging to operate in, particularly because of the increased regulatory pressure, some of which is understandable and actually very positive. It took extra attention and enforcement from the Gambling Commission and the likes of CMA and CPA to pave the way for operators to be more upfront about how they operate.

There was much non-transparency in the market between customers and operators that became a problem. I believe that it’s very positive that regulators are now pushing for operators to clean up their acts and give customers more control over their money and their play. This is a fundamental and welcome change in the way that the industry operates and I anticipate that it will take some time for the industry to adapt.

The UK Government announced started taxing freeplays last summer. How has this affected your operations in the country?

To be honest, it didn’t have a significant impact on our operations because we only launched a few months before the change to taxation calculation took place so were able to plan for it from the outset. Because we’re less bonus-heavy, the introduction of tax on bonuses didn’t impact our bottom line in a significant way.

The UK Gambling Commission has slapped massive fines on a number of operators for compliance failures over the past year. How do you make sure that all aspects of your UK-facing business are compliant with the growing number of requirements?

Along with the entire industry, we have learned a lot from these high-profile cases of certain operators, some of which who were were charged with failings within crucial operational functions. In an environment where the Gaming Commission keeps raising the bar when it comes to Responsible Gaming, KYC and Customer Protection, we need to stay one step ahead of the game so that our players stay protected.

This last year we’ve seen a greater endorsement in operators being challenged to be more socially responsible. The significant fines that the Gambling Commission has imposed onto operators clearly shows that much more attention, time and resources need to be devoted into internal processes. These should include rigorous checks for customers’ sources of funds, AML prevention, preventing instances where self-excluded players are marketed to via 3rd party channels and very importantly, ensuring that players are not encouraged to play beyond their financial means.

We actually introduced several new safety measures that identity unusual playing patterns very early on in the player’s life-cycle. These involve a very efficient KYC process, including source of fund authorisation, play monitoring and in certain cases, a total suspension of play activities. This is something we have seen across the industry and it has impacted VIP players in particular. Our VIP player numbers have actually decreased over the last months which is simply due to these suggested measurements, but we feel that this is the only way for responsible operators to operate.

You have quite unique approach to responsible gambling. Can you tell us more about your focus in that area?

We’ve created an environment where players feel secure because there is nothing hidden in our terms and conditions and they have full control of their money, which is held in a single cash account. It’s about being socially responsible in terms of how we communicate with players and the fact that everything is upfront for them makes them feel protected.

All of our marketing is based around this idea – in fact our new marketing campaign is based around our fairness message. There is no other operator that has built an entire brand or campaign around being fair and with this initiative we hope to educate the industry as well as the customers by setting the “fairness bar” of how players should be treated in the industry. It’s a long-term goal that requires a great deal of resources, patience and stamina because changing perceptions in an industry that has been operating for many years with low-trust levels is not something that can be done overnight.

The matter of social responsibility goes beyond the UK for us. PlayOJO operates in a number of different markets and one of our fastest growing markets is in Sweden, where we launched at the beginning of 2018 with exactly the same propositions and “fair” brand promise.

Despite the fact the market there is still unregulated and the industry does not face the same pressures from regulators, our perception of how we believe the industry should operate remained intact. With the knowledge that the Swedish market will re-regulate at the beginning of 2019, we anticipate that the Swedish Gambling Authority will follow in the same footsteps as the UK Gambling Commission as far as getting operators to clean up their acts. Therefore, we see ourselves as the pioneers of a fair casino promise in Sweden, setting that “fairness bar” high as we have done in the UK and demonstrating how we believe operators should treat their customers, in a socially responsible and fair way.

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Tuesday, July 24, 2018

Israeli Hoteliers Buy Shuttered Las Vegas Strip Motel, Hint Casino Development Plans

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Israeli Hoteliers Buy Shuttered Las Vegas Strip Motel, Hint Casino Development Plans

A new hotel and casino complex might spring up in the southern end of the Las Vegas Strip after two Israeli hoteliers bought earlier this month the 1960s-era Motel 8 and hinted at plans to bulldoze the site to make room for a new development, the Las Vegas Review-Journal reports.

According to property records, Israeli businessmen Asher Gabay and Benny Zerah completed the purchase of the motel on July 13. They paid $7.4 million for the property which is located on the southern edge of the Strip, right across the street from where the golden facade of Mandalay Bay is shining in the hot Las Vegas sun and is dwarfing the much smaller building of Motel 8.

The Review-Journal notes that Motel 8 has a peculiar backstory. Court documents showed that the property’s late owner, without the knowledge of his estranged wife, had transferred its ownership to a trust formed with his mistress. The motel’s owner died in 2009. A Clark County court upheld his wife’s half-ownership of the property four years later.

Mr. Gabay and Mr. Zerah are known to be the co-founders of Astral Hotels. The chain operates several properties in the seaside resort of Eilat in Southern Israel. Speaking to the Review-Journal Monday, Mr. Gabay said that Motel 8 was located in a very interesting area on the Strip, pointing to the new Raiders stadium as one of the properties making the area interesting.

The businessman further pointed out that he and Mr. Zerah might have seen something others do not see in the motel that is part of a portion of the Strip that has not seen much development over the past decades.

Will Motel 8 Be Transformed Into a Casino Resort?

Mr. Gabay told the Review-Journal that their plans for the now shuttered Motel 8 and its nearby Mr. Deli convenience store involve razing those and making room for a hotel and casino complex. The businessman declined any further comments on what the future of the one-acre site would be, but hinted that more details might be revealed in the coming months.

A spokesperson for Clark County has told the Review-Journal that no plans for the site have been filed with county officials and regulators yet.

News about the purchase of Motel 8 and its potential redevelopment into a casino resort arrive at the time of booming development activity both across the Strip and in Downtown Vegas. Ten years after the Great Recession hit the city and its key industries, multiple developers, including foreign ones, finally see clear signs of recovery that encourage them to enter Las Vegas or expand and/or renovate their existing business in the city.

Most recently, developer Derek Stevens was given the green light by the Las Vegas City Council to kick off construction on a casino resort that is to be located on the Fremont Street in downtown. The property will be located at the sites of the former Las Vegas Club, Mermaids, and the Glitter Gulch strip club, which were demolished a few months ago to make room for the new development.

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New casino may be on the cards for Saipan

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New casino may be on the cards for Saipan

In the Commonwealth of the Northern Mariana Islands, a Japanese businessman has reportedly met with the Mayor of Saipan in order to discuss the possibility of opening various businesses including a new casino in the American territory. Return visit scheduled for August: According to a report from the Marianas Variety newspaper, Saipan Mayor David Apatang […]

Red Tiger Gaming Teams Up With Jumpman

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Red Tiger Gaming Teams Up With Jumpman
Red Tiger Gaming Teams Up With Jumpman

One of the most prolific multi-brand casino owners and operators, Jumpman Gaming, is further enhancing their repertoire of gaming offers. Some months ago, they have access to Wazdan's full portfolio of slots and this UKGC-licensed operator has just struck a brand new partnership with another iGaming big-shooter.

The award-winning developer and supplier, Red Tiger Gaming, is the latest to sign a contract with Jumpman. This means that the company, founded in 2014 that today employs more than 200 people, will be delivering a full array of their HTML5-based games such as Dragon Luck, Totem Lightning, Treasure Mine and Tiki Fruits to casinos and bingo sites who belong on Jumpman's network.

Partnerships Galore

Red Tiger has hit a few milestones this year, first by reaching an agreement with Mr Green and then by inking another cooperative effort with Pomadoro. As part of the deal, Jumpman Gaming will also gain access to Red Tiger's Smart Spins bonusing platform.

Some of the websites belonging to Jumpman Gaming's network are Amazon Slots, Big Thunder Slots and Dove Bingo.

CEO's Opinion

Red Tiger Gaming's CEO, Gavin Hamilton, comments…

“Jumpman Gaming has established a strong casino network and we are excited to be delivering our games to their far-reaching customer base. Some of our most popular titles are already on site and we look forward to unveiling plenty more as the relationship develops.”

Jumpman Gaming's spokesperson says: “Red Tiger have a proven track record of developing slot games and it’s fantastic for us to have their games on our sites. Their games always offer a superb experience to players, as do their smart spins, so we are excited to be rolling them out across our brands and believe they will drive player engagement.”

Last year, Red Tiger won their first ever EGR Award in the Slots Provision category. In 2018, they bettered that success by clinching the RNG Casino Supplier of the Year and Mobile Supplier of the Year awards.

Source:

“Red Tiger Gaming Agrees Jumpman Deal”, Red Tiger Gaming Newsletter, July 23, 2018.

“Huge Net Cash Pile” Could Win Genting Singapore a Coveted Japan Casino License

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“Huge Net Cash Pile” Could Win Genting Singapore a Coveted Japan Casino License

Genting Singapore has a significant chance to win a license for the operation of an integrated resort with a casino floor in Japan, a report by research firm Maybank Kim Eng says.

Japan has just completed its two-phase casino gambling legalization process to lay the foundations for the creation of what analysts believe could be the next major global gambling hub. The Diet’s Upper House approved last Friday the so-called Integrated Resort Implementation Bill that basically sets out the principles under which the nation’s nascent casino industry will function. Last week’s approval followed a June vote on the bill by the Japanese government’s Lower House.

Cited by Malaysia newspaper The Star, Maybank says in its recent report that Genting Singapore could win one of the three casino licenses the Japanese government plans to issue as part of its casino legalization effort. The research house believes that the major gaming and hospitality company’s current net position and experience in providing socially responsible gambling services could win it a spot in the establishment of Japan’s casino gaming market.

Genting Singapore is subsidiary of Malaysian casino and hospitality giant Genting Group. Genting Singapore currently operates Resorts World Sentosa, one Singapore’s two integrated resorts.

Maybank says in its report that with a “huge net cash pile of S$3 billion” (approximately $2.2 billion) reported in the first quarter of the year, the Singapore-based company has a better financial position than many of its debt-laden American rivals. Bearing this in mind, Genting Singapore could be better financed to complete the construction of a major integrated resort in Japan, the research firm’s report goes on.

Responsible Gambling a Further Advantage for Genting Singapore

Despite its recent approval in the Japanese Diet, the legalization of casino gambling in the country has been met with staunch opposition by lawmakers and members of the population. The potential increase in the number of gambling addicts as a result from the upcoming gambling expansion has been one of the main points commented on by critics of the move.

Working on the Integrated Resort Implementation Bill, the Japanese government also crafted regulations and rules that were aimed at protecting the country’s population from overexposure to gambling. The measures introduced include a limit to the number of visits allowed per month. Japanese nationals will thus not be able to visit the nation’s casinos more than three times per week and more than ten times per month. They will also be required to pay an admission fee of JPY6,000 in order to be admitted to the casino floors.

Under the country’s recently approved gambling law, the gaming portions of the future integrated resorts should not occupy more than 3% of the total area of the properties.

Maybank notes in its report that Japan’s responsible gambling measures were largely crafted after Singapore’s. The island city-state introduced its casino gambling laws in the mid-2000s. Its two integrated resorts opened doors in 2010 and have been required to operate in full compliance with certain responsible gambling measures, among others. According to the research firm, Genting Singapore already has accumulated enough experience in operating in a strictly regulated environment and this could gain it advantage over the other bidders for Japan’s casino licenses.

The Japanese Diet has agreed to initially issue three licenses. The bidding process is expected to begin in 2019 and the winning bidders are likely to be announced in 2020. It is believed that the nation’s first integrated resorts will not open doors before the mid 2020s.

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