Friday, February 23, 2018

Bede Gaming agrees content deal with Pragmatic Play

World Casino News
Bede Gaming agrees content deal with Pragmatic Play

UK-based online gaming software developer Bede Gaming has inked a partnership agreement with digital games provider for the online gaming industry, Pragmatic Play. The deal will reportedly see Pragmatic Play’s entire portfolio integrated into Bede’s premium platform, PLAY. Every Bede operator will now have access to Pragmatic Play’s more than 80 HTML5 games, including Gold Rush, Chilli Heat, Caishen’s Gold, Vegas Nights and Jurassic Giants, according to the news release. The integration of Pragmatic Play’s portfolio is in keeping with Bede Gaming’s expansion of its best-in-class content made available through PLAY. The developer has already inked several partnership deals with top content suppliers, including Playson and Gamevy, over the past few months. Commenting on the deal, Bede Gaming CEO Michael Brady, said: “We are always looking to expand our offering to clients with the latest and most exciting titles, and integrating Pragmatic Play’s games was an obvious decision as we continue to combine premium content with our leading marketing tools. “We look forward to enjoying a long and productive relationship with a provider whose games are already performing very well.” Also commenting on the move, Chief Business Development Officer for Pragmatic Play, Yossi Barzely, said: “We have a strong commitment to growing our footprint in regulated markets, and are delighted to do so in partnership with a provider as respected as Bede. “I am sure our diverse and expertly-modelled range of games will prove popular with their clients all over the world.” Founded in 2012, Bede’s platform, along with stringent security measures, offer completely flexible gaming solutions and is making quick work of establishing itself as the go-to option for innovative operators worldwide.

Fair Play Bets signs agreement with Microgaming

Casino News Today
Fair Play Bets signs agreement with Microgaming

Following ICE, Fair Play Bets’ agreement creates stronger entertainment destinations with Quickfire, powered by Microgaming. Fair Play Bets, operator of multiple reputable online casinos, has ramped-up its world-class offering on its VegasPlay.com and DiamondWorldCasino.com casinos by launching the Microgaming portfolio of games via the Quickfire platform. This new agreement underlies Fair Play Bets commitment to offering the most entertaining casino ...

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Tyler Groth Wins WSOP Circuit Rio Las Vegas $365 Pot-Limit Omaha

Casino News Daily
Tyler Groth Wins WSOP Circuit Rio Las Vegas $365 Pot-Limit Omaha

Last summer, Tyler Groth captured his first WSOP gold bracelet for winning a $1,000 Pot-Limit Omaha event at Rio All-Suite Hotel & Casino in Las Vegas. Last night, the player captured his first WSOP Circuit gold ring for winning another Pot-Limit Omaha event, a $365 buy-in one, at the very same casino.

Groth defeated a field of 153 entries over two days of play to win the tournament, the precious gold ring, and the amount of $12,850 in prize money.

Winning two Pot-Limit Omaha events, one of which on the schedule of the legendary WSOP, it very much seems that Groth is a Pot-Limit Omaha specialist. However, the player himself does not think so. He believes that Omaha 8 is the game he actually excels in. After last night’s triumph, Groth told WSOP staff that he has not played Pot-Limit Omaha that much to realize how good he might be in the four-card game.

Two years ago, the player quit his daily job to pursue a career in poker. He moved to Las Vegas and has been playing both cash games and tournament poker at local casinos since then. Groth said that as of lately, he has been more active on the tournament scene. It is also important to note that online poker has been a long-time love of his. He even pointed out last night that he has built the greater portion of his poker bankroll namely online.

The player also said that even though he is planning to go to Los Angeles and participate in the LAPC Main Event, set to take place over the weekend, he might go back to Vegas to join the field of the first ever WSOP Online Circuit event. The online gold ring event is scheduled for February 27.

Groth’s Performance in the $365 Pot-Limit Omaha

As mentioned above, the tournament was played over two days and as part of the WSOP Circuit’s Rio stop. The final day of the event took place on Thursday with nine players left to sit at the final table when cards were thrown in the air.

Groth was the chip leader at that point with significant advantage over his remaining opponents. The eventual winner had nearly 600,000 in chips and was well ahead of his fellow player ranking second in the chip counts chart. That player was Andrew Dennis who had a total of 200,000 at the time.

Groth maintained his lead throughout the day to eventually scoop the title and the first-place prize. He faced Benjamin Thomas heads-up as his final challenge before the sweet victory. Thomas, a WSOP Circuit regular from Baton Rouge, Louisiana, collected $7,944 for his runner-up finish in the Pot-Limit Omaha tournament.

The event attracted 153 entries who generated a prize pool of $45,900. The top 16 finishers received a share of the money.

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Unregulated Operations Drive Growth in Sweden’s Gambling Sector in 2017

Casino News Daily
Unregulated Operations Drive Growth in Sweden’s Gambling Sector in 2017

Sweden’s regulated market was worth SEK17.07 billion (approximately $2.09 billion) in 2017, latest figures released by the Swedish Gambling Authority, Lotteriinspektionen, show. Regulated gambling operations recorded a 1% decrease from a year earlier.

Svenska Spel, the state-run gambling operator tasked with the operation of most regulated gaming and betting services in the country, generated revenue of SEK8.98 billion last year, about the same amount as it generated in 2016. It accounted for 40% of the country’s gambling market (both regulated and unregulated).

Revenue from Svenska Spel’s land-based operations dropped 5% year-on-year to SEK6.715 billion. While accounting for a quarter of Svenska Spel’s 2017 revenue, online services recorded a double-digit (18%) revenue growth to SEK2.265 billion.

Combined revenue from Sweden’s regulated and unregulated markets amounted to SEK22.604 billion (approximately $2.77 billion), reflecting an increase of 3% from 2016. The country’s unregulated market was actually the main driver of growth last year. According to Lotteriinspektionen, unregulated operations generated revenue of SEK5.534 billion (approximately $678.5 million) last year, up 13% year-on-year.

Here it is important to note that the Scandinavian nation’s unregulated market is represented by foreign online gaming and betting operators that hold licenses from other EU and non-EU jurisdictions. At present, Sweden’s gambling law does not allow for such foreign operators to obtain licenses from the country’s Gambling Authority and regulated operations are only provided by several state-owned entities.

The growth of Sweden’s unregulated market could be attributed to several factors. In the first place, the tech-savvy population of the country has been looking for diversity that local operators may have failed to provide. And in the second place, foreign gambling companies have increased their brand exposure across Swedish media significantly over the past several years.

According to a recent report by local measurement firm Kantar Sifo, three gambling companies were among the country’s top 20 advertisers in 2017. Aside from the state-run Svenska Spel, Kindred Group (previously Unibet Group) and LeoVegas were found to have invested the most in advertising their products and services to Swedish consumers. What is more, LeoVegas was the company to record the biggest rise in annual ad spending last year.

Market Re-Regulation

According to a recent report by Swedish media research firm Mediavision, one in eight Swedes gambled on foreign gambling websites on a monthly basis in 2017. The reported figure represented a 25% increase from 2016.

Information about the popularity of international gambling websites among Swedish players emerges as the country is preparing for the upcoming re-regulation of the local market. Sweden’s new gambling law is set to come into effect on January 1, 2019. It will open the Swedish market for foreign companies, which means that these will be able to apply for and be issued operational licenses from Lotteriinspektionen.

Earlier this week, the Swedish Gambling Authority announced that it has been preparing the necessary documentation to open a license application process for interested gambling operators on July 1, 2018. The regulatory body said that it plans to release more details about the application process in mid-March and during a meeting schedule for May.

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Thursday, February 22, 2018

Lucky Dragon hotel open for business until March 27; judge decides

World Casino News
Lucky Dragon hotel open for business until March 27; judge decides

A Nevada bankruptcy judge ruled Wednesday that the hotel of the Asian-themed Lucky Dragon resort off the north end of the Las Vegas Strip will remain open for another month. U.S. Bankruptcy Court, District of Nevada Judge Laurel Davis decided after a bankruptcy hearing for the Lucky Dragon Hotel and Casino that the hotel would remain open until March 27, when the next hearing will take place. The casino, however, will remain closed and there will not be a foreclosure auction, the judge ruled, according to local television station FOX5. The resort’s operating entity Lucky Dragon Hotel and Casino LLC on Friday, Feb. 16 reportedly filed a petition for Chapter 11 bankruptcy protection ahead of today's scheduled foreclosure. The property had a brutal start when just a few months after opening, in order to cut operating costs, one of its restaurants was closed and about a hundred people including the general manager were fired, as reported by the Las Vegas Review-Journal at the time. The temporarily closing of all gaming and casino restaurant operations on January 4 further emphasized the then one-year-old Asian-themed boutique hotel and locals casino’s financial woes. At the time, the resort’s management reportedly told FOX5 that the casino was “reorganizing,” and that the temporary closure meant the laying off of casino workers and less gaming and dining options. A few weeks later in January the Lucky Dragon was served with a foreclosure notice. FOX5 reports that during the bankruptcy hearing, attorneys for Lucky Dragon reportedly said that in November the property had been appraised at $143 million, however creditors stated that it was appraised at $60 million. Without disclosing specifics, lawyers for the hotel also reportedly said that should the Sahara Ave property become available for sale, there are a number of potential buyers. The Las Vegas Review-Journal reported on Monday that according to bankruptcy papers, Lucky Dragon was appraised at $143 million, which was funded in part with $89.5 million worth of loans from 179 individuals who invested $500,000 each through the United States Citizenship and Immigration Services (USCIS) administered EB-5 visa program. Under the program, foreigners seeking permanent green cards can do so if they invest a minimum of $500,000 into a business venture that creates at least 10 full-time jobs. FOX5 reports that none of the attorneys were certain of how the immigration status of those individuals. Five years in the making from concept to ribbon-cutting, Lucky Dragon had a soft opening on November 19, 2016, and hosted its official grand opening on December 3, 2016.

NJ Sports Betting Case Closing In On Final Weeks Before Supreme Court Decides Its Fate

NJ Gambling Sites
NJ Sports Betting Case Closing In On Final Weeks Before Supreme Court Decides Its Fate
sports betting nj supreme court case

The US Supreme Court could decide the New Jersey sports betting case as early as March or April, but like the final verdict, the actual date is unknown.

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Gambling Software Giant Playtech Reports Slower 2017 Revenue Growth due to Malaysia Crackdown

CasinoGamesPro.com
Gambling Software Giant Playtech Reports Slower 2017 Revenue Growth due to Malaysia Crackdown

Playtech is one of the most recognizable names in the gaming industry, as the British software provider works closely with many gambling operators on a day to day basis. However, despite its popularity, the brand recently reported that the company has experienced slower growth rates in comparison to its performance throughout 2016. Even though there […]

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FAUNUS AFFILIATE NETWORK HOSTS THE SECOND CRYPTO AFFILIATE & MARKETING CONFERENCE

Casino News Today
FAUNUS AFFILIATE NETWORK HOSTS THE SECOND CRYPTO AFFILIATE & MARKETING CONFERENCE

Following the success of Crypto Affiliate & Marketing Conference (CRAC) 2017, the event is to gather ad networks, crypto trading brokers, gambling operators, ICO founders, exchanges, cryptocurrency developers and affiliates in Prague once more. Prague, Czech Republic, 23rd-24th of April 2018 – Crypto Affiliate & Marketing Conference 2018 will give the recently created community of marketers and digital currency enthusiasts ...

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Wednesday, February 21, 2018

Golden Nugget Is Still The Leader Of The New Jersey Online Gambling Pack

NJ Gambling Sites
Golden Nugget Is Still The Leader Of The New Jersey Online Gambling Pack
golden nugget nj casino online revenue january

Last week, NJ's online gambling revenue for January 2018 was revealed, and no surprise, Golden Nugget NJ still reigns over its NJ online casino competition.

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ORYX Gaming launches Arena Casino in Croatia

World Casino News
ORYX Gaming launches Arena Casino in Croatia

Slovenia-based online casino software company, ORYX Gaming, recently launched Arenacasino.hr, one of the first Croatian iGaming websites featuring casino and slots, according to to the news release. Via the deal, Arena Casino will be provided with ORYX’s complete technology stack, compliance services, gaming content, operational and marketing services. ORYX’s iGaming Platform boasts a wide selection of content from distinguished game providers such as NextGen, EGT, ORYX and Gamomat and has been certified in accordance with Croatia’s legal requirements. Arena Casino games are available to players via mobile and desktop, with a focus on mobile in keeping with the vision of being the lead mobile choice for players in Croatia. More than 100 mobile slot games can be enjoyed by players, along with unique bonuses, multiple payment methods and extra spins promotions with full support. CEO for ORYX Gaming, Matevz Mazij, said: “Croatia is an exciting iGaming market and we’re pleased to be able to use our expertise to help launch the inaugural online operation for Arena Casino. Our ability to comply with local regulatory requirements and deliver a strong game portfolio makes us the perfect partner to ensure success. I’m happy to say we had a great team of people involved.” The online gaming turnkey solutions provider also recently agreed a deal that will see it supply content from a selection of developers to two iGaming domains operated by Malta-based Quasar Gaming.

ONLY ONE WEEK LEFT FOR THE SPORTS BETTING & GAMING INDIA SUMMIT!

Casino News Today
ONLY ONE WEEK LEFT FOR THE SPORTS BETTING & GAMING INDIA SUMMIT!

After a robust start in planning the Sports Betting & Gaming India 2018 Summit, Eventus International is only a week shy from the event dates. The Sports Betting & Gaming India 2018scheduled for the 27th& 28th of February 2018 at the Park Hyatt Goa Resort & Spa is at its last week of preparing for the summit and everyone is ...

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CJEU Rejects Belgium’s Request for Annulment of EC Online Gambling Recommendation

Casino News Daily
CJEU Rejects Belgium’s Request for Annulment of EC Online Gambling Recommendation

The EU Court of Justice (CJEU) rejected earlier this week a petition filed by the Belgian Government against a set of recommendations for the protection of consumers of online gambling services and the prevention of minors from gambling online.

The recommendations were introduced by th European Commission in 2014 but the government of Belgium contested them in court, arguing that these were breaching each individual Member State’s right to regulate their online gambling market in a manner they found fit and to adopt player protection measures of their own choice. Belgian lawmakers further claimed that the European Commission had overstepped its authority by issuing the guidelines.

Earlier this week, the EU Court of Justice rejected the above claims and found that the European Commission had not exceeded its competence and that the set of recommendations had not interfered with Member States’ right to implement their own online gambling regulations.

The CJEU ruling affirmed a previously issued court decision by the General Court. The latter court dismissed Belgium’s case in the fall of 2015. The Belgian government will not be able to appeal the latest ruling further.

Why Has Belgium Contested the Guidelines?

The European Commission introduced the Commission Recommendation on principles for the protection of consumers and players of online gambling services and for the prevention of minors from gambling online in the summer of 2014. It was not legally binding and only aimed to present Member States with a set of guidelines for the effective protection of online gambling customers and the prevention of minors from being targeted and allowed to gamble online.

In October 2014, the Belgian Government filed against the recommendation, seeking its annulment by the EU’s highest court. As mentioned above, Belgian lawmakers claimed that the Commission had gone beyond its authority by introducing the guidelines and encouraging Member States to adopt them.

The Belgian government further pointed out that under EU treaties, the Commission did not have the authority to introduce “an instrument with harmonizing effect” in the online gambling sector.

It also emerged back then that concerns that the recommendation would lower the standards previously set by the Belgian Gaming Act stood at the heart of the country’s discontent.

The European Gaming & Betting Association, EGBA, welcomed CJEU’s ruling in a Tuesday statement. The Association also called upon the European Commission to encourage Member States to adopt its guidelines, to review for any gaps in their implementation, and to take corrective action if needed so that high level of consumer protection across the European Union is achieved.

Based in Brussels, EGBA is the industry body representing online gambling operators based and licensed within the European Union. Its member list includes bet365, Betsson, Kindred Group, and GVC Holdings, among others.

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Tuesday, February 20, 2018

Sports Betting & Gaming India 2018 is one week away

World Casino News
Sports Betting & Gaming India 2018 is one week away

The Sports Betting & Gaming India Summit 2018 (SGBI), will be held on 27 & 28 February 2018 at the beachfront luxury 5-star Park Hyatt Goa Resort & Spa, India. We outlined and defined the potential market that is poised to offer explosive opportunities in a June 2017 special report, Emerging Markets: Sports Betting & Gaming India. As the date is fast approaching this is a 'last call' to operators, providers, and support services companies to make plans to attend this groundbreaking event. Event organizer Eventus-International has spent nearly a year assembling a panel of over forty industry experts and speakers. This virtual brain trust will share knowledge and lead discussions that will focus on every crucial aspect of gaming and betting in preparation for the eventual legalization and regulation of the activities in the home of the world's largest democracy. The agenda will inform in detail on the current situation in the country where potentially hundreds of millions of people bet and gamble illegally with only lotteries and horse racing operating in the daylight. Key stakeholders will examine the case for legislation and regulation with an emphasis on consumer protection, responsible gambling, and the commercial opportunities that would result from a robust legal framework that ensure betting integrity. The platform was designed to facilitate a candid and open debate and discussion on the future of all forms of betting and gambling in the country. Earlier this year, the Law Commission of India produced a public report mandated by the Supreme Court to study the possibility of legalized betting in India. They noted that leaving gambling out of their consideration might make the entire exercise futile as the two are so closely related. The report stated in part: "The recommendation made by the Committee that betting should be legalized by law, involves the enactment of a Law which is a matter that may be examined by the Law Commission and the Government for such action as it may consider necessary in the facts and circumstances of the case." (PDF) Among other issues that the Commission stated needed further study were whether legalized betting and gambling would lower the incidence of illegal activity in the country and if foreign betting and gambling companies should be allowed to 'have a foothold' in India. While the summit is focused on the Indian gaming market rather than the global marketplace, participants are registered from around the globe, showing the great interest in tapping what may become one of the last greenfield opportunities left. In order to make investment decisions, business leaders need to know the current situation as well as what the future holds in India. Eventus International Managing Director, Yudi Soetjiptadi said: "With participants from countries like Australia, Malta, United Kingdom, Hong Kong, Germany, South Africa, Taiwan, Philippines, Switzerland, Bulgaria, Latvia, United Arab Emirates, India and many more; SBGI will indeed be a global platform for the gaming market in years to come." Eventus International is an independent professional event producing company that specializes in exhibitions and conferences across Asia and Africa. For more information on the Sports Betting & Gaming India Summit 2018 please visit http://www.sportsbettingevents.com/sbgi-home.html

Hard Rock International enters iGaming sector together with GiG

Casino News Today
Hard Rock International enters iGaming sector together with GiG

By the time the month of was February Hard Rock and GiG had big news to break to the world. Hard Rock International, the owner of one of the world’s best recognized brands is entering into a strategic partnership with Gaming Innovation Group (GiG) to build a brand new online casino. Well, Hard Rock is used to taking ambitious projects ...

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NCAA Opposes Sports Betting Legalization Campaign

CasinoGamesPro.com
NCAA Opposes Sports Betting Legalization Campaign

The National Collegiate Athletic Association (NCAA) protested against sports betting legalization efforts. The opposition of the non-profit organization regulating US athletes of more than 1,200 conferences, institutions and individuals comes at a time when the discussions about sports betting industry legalization have been brought as one of the paramount issues in the country’s gambling industry […]

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Atlantic City’s Hard Rock and Ocean Resort Casino Work Hard Prior to Summer Launch

CasinoGamesPro.com
Atlantic City’s Hard Rock and Ocean Resort Casino Work Hard Prior to Summer Launch

Preparation works are in full swing in the gambling hub on the East Coast, Atlantic City. This summer is expected to welcome two renovated and rebranded locations which will join the already existing casino resorts in the vivid area. But before the official launch could take place, several steps need to be finalized on time […]

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Monday, February 19, 2018

Nolimit City goes live on LeoVegas.com

Casino News Today
Nolimit City goes live on LeoVegas.com

Nolimit City goes live on LeoVegas.com, the multiple-award winning and leading mobile operator. As Nolimit City goes live on LeoVegas.com, Nolimit City games will be showcased on LeoVegas.com and will be included in their ever-growing portfolio of premium mobile slots games, following a distribution deal established in 2017. LeoVegas has agreed to release Nolimit City games through the established platform, ...

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iGaming Leader Malta Proposes Three Blockchain Regulation Bills for Public Consultation

CasinoGamesPro.com
iGaming Leader Malta Proposes Three Blockchain Regulation Bills for Public Consultation

Malta is known as the online gambling hub of Europe which is always looking for ways in which to improve the iGaming industry and provide more opportunities for development to its licensees. Financial Services Parliamentary Secretary Silvio Schembri stated that the country is well on its way to becoming the first jurisdiction to have its […]

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MLB, NBA Not Winning Fans With Demand For 1 Percent Of Wagers In Sports Bets

NJ Gambling Sites
MLB, NBA Not Winning Fans With Demand For 1 Percent Of Wagers In Sports Bets
stop signs nj sports betting

A recent poll shows nearly 70% Americans oppose the NBA and MLB's demand for a cut of sports bets, and the NJ sports betting case is in the spotlight.

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Swedish Player Viktor Blom Wins Big at partypoker LIVE MILLIONS Germany Main Event

CasinoGamesPro.com
Swedish Player Viktor Blom Wins Big at partypoker LIVE MILLIONS Germany Main Event

One of the long-awaited poker tournaments in King’s Casino came to a conclusion this Sunday and this was the partypoker LIVE MILLIONS Germany Main Event which brought quite the experience to everyone who played at it. The big winner of the tournament became Viktor Blom who is an accomplished poker player with long experience in […]

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Sunday, February 18, 2018

Report shows Boulder Strip best for slot players

World Casino News
Report shows Boulder Strip best for slot players

In late January, the Nevada Gaming Control Board released its statewide gaming win statistics for last year, which reported a 2.8% increase for the state’s nonrestricted locations, from $11.26 billion in 2016 to $11.57 billion in 2017. “Nonrestricted” properties are defined as any venue that has more than 15 slot machines. So while the report counts the big casinos, it doesn’t figure in the state’s more than 2,000 bars & restaurants, convenience stores and supermarkets that have some slots. The Las Vegas Review-Journal made note of some interesting takeaways from the Gaming Control Board’s year-end gaming win report. Keep in mind that “gaming win” refers to the casino’s take, not the player’s. Statewide, casinos on the Strip had the highest slot win percentage at 8.04%, which means that in 2017, casinos paid players 91.96% of what went in. The Boulder Strip in Southern Nevada, meanwhile, had the lowest win at 5.53%; the best for players. The Nevada Gaming Commission defines the Boulder Strip to include the Boulder Hwy., as well as all of the casinos in the city of Henderson. Downtown Las Vegas had the biggest change in slot win percentage since 2016, where it was up 0.28 points to 7.34% from 7.06%. In Southern Nevada, Laughlin had the highest table game win percentage at 19.41%, while North Las Vegas had the biggest increase in win percentage at 14.97%, up 2.19 points from 12.78%. By slot denomination, penny slots were the biggest revenue generator, for the most part, because the market is full of them. On 54,754 machines, the state’s Gaming Control Board reported win of $3.17 billion. The state’s 70,568 multi-denomination machines won $3.13 billion. At 12.07%, Megabucks machines had the best win percentage on slots. The $25 slots were the best for players, with a win percentage of 4.97%. There are still more blackjack tables on casino floors, with 2,582 statewide than any other table game. Roulette was a distant second at 457 wheels. Blackjack managed $1.21 billion in win, an increase of 5.4% from 2016, with casinos at a 14.8% win percentage. The state’s 382 Baccarat games, which had a 12.7% win percentage, produced $1.15 billion, a 5.6% decline from 2016. It might be worth a trip to the Boulder Strip for slot lovers.

Dominique Mosley Wins WSOP Circuit Seminole Casino Coconut Creek $3,250 High Roller

Casino News Daily
Dominique Mosley Wins WSOP Circuit Seminole Casino Coconut Creek $3,250 High Roller

Dominique Mosley, originally from North Carolina but currently residing in Florida, won the highest buy-in event on the schedule of the WSOP Circuit Seminole Casino Coconut Creek stop. The player snatched his first gold ring from the series and a first-place payout of $75,480 for winning the $3,250 High Roller.

The tournament drew 74 entries. The field included local recreational players, traveling grinders from here and there, and poker professionals, including Mosley himself. The overall prize pool of $222,000 was split into payouts for the top eight finishers.

The tournament was played over two days. The second day kicked off with nine players who were just a single elimination away from the money bubble. Mosley was third in chips at the time cards were thrown in the air for Day 2 play. Maurice Costigan,who won his seat into the event via a satellite, and Martin Ryan, who vied for WSOP Circuit gold ring number six, were the only two players ahead of the eventual winner at that time. Costigan went out in seventh place and Ryan fell in fourth.

What turned out to be Mosley’s most important hand was dealt namely during four-handed play. The player confronted Mike Dwyer in that pivotal hand to eventually win it. Mosley assumed the chip lead shortly after and never looked back.

The 31-year-old poker pro played heads-up against Matt Stout. The two-handed duel lasted several hands, during which Mosley left his final opponent with no chance to improve. On what turned out to be the last hand in play, Mosley limped in on the button and Stout raised. Mosley three-bet and Stout shoved for his last 700,000.

Mosley snap-called and tabled [Ac][Kh] to Stout’s [Ad][Jc]. The board ran out [6c][3s][2d][5h][7s], securing the pot and the title for Mosley. His opponent received $46,702 for his deep run in the event.

Mosley’s Career

Mosley has been playing poker professionally for some time now. The player currently lives in South Florida to take advantage of the region’s thriving poker scene. Commenting on his poker preferences, he said that he prefers playing Pot-Limit Omaha to two-card formats. “A Pot-Limit Omaha specialist”, he would call himself. However, the player does not lack skills in two-card games, as well.

Mosley’s cash from the $3,250 High Roller was his second from the WSOP Circuit series. He also previously cashed in eight WSOP events. His overall winnings from both series currently amount to more than $229,094.

The WSOP Circuit Seminole Casino Coconut Creek stop is entering its final days. Day 2 of the $1,675 Main Event is set to be played today when players will set the official final table. Nine-handed action will resume tomorrow when the winner will be determined to mark the end of the WSOP Circuit’s Florida stop. The tournament featured a guaranteed prize pool of $1 million which was improved significantly due to great interest.

A prize pool of $1,240,500 will be split among the top 90 finishers. The winner will receive nearly $242,000 for their efforts.

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Saturday, February 17, 2018

Las Vegas Valley gets two new PT’s Gold taverns courtesy of Golden Entertainment

World Casino News
Las Vegas Valley gets two new PT’s Gold taverns courtesy of Golden Entertainment

The Las Vegas Valley reportedly has two new PT’s Gold taverns, making them Nevada-based Golden Entertainment Inc.’s (NASDAQ:GDEN) 58th and 59th neighborhood watering holes in the Silver State. Located just one mile south of the Henderson Pavilion events center, the first of the two new facilities to open was PT’s Gold (pictured) at 690 South Green Valley Ranch Parkway, which began welcoming patrons on Feb. 3. The other new PT’s Gold opened for business on Feb. 10 at 9732 West Maule Avenue in southwestern Las Vegas, according to the company’s press release. Both of the traditional neighborhood taverns are operated by PT’s Entertainment Group and feature a wide variety of award-winning food and beverage choices. Along with comfortable seating, craft beer from PT’s Brewing Company and HD 4K TVs, both PT’s have 15 bar-top slot and video poker machines. The PT’s in Henderson will have an additional amenity in the spring when its outdoor patio opens. Guests can also count on both PT’s featuring the brand’s award-winning happy hour, where from 5pm to 7pm and from midnight to 2am the taverns offer half-off drinks and select appetizers and pizzas for $5. All 59 PT’s taverns in Nevada are part of the Beer & Bites dining loyalty program and the Golden Rewards player loyalty program. According to the company’s press release, together, the two new taverns will employ nearly 50 team members. “Our goal is to bring the best tavern experience to neighborhoods across the Las Vegas Valley,” said Blake L. Sartini II, senior vice president of distributed gaming for Golden Entertainment. “PT’s is known for our friendly local atmosphere where our guests can find consistently great food and drinks, excellent service, and a winning gaming experience.” Included in the company’s tavern brands are: PT’s Pub, PT’s Gold, PT’s Ranch, PT’s Brewing Co., Sean Patrick’s, Sierra Gold and SG Bar. Formed by the merger of Blake Sartini’s Golden Gaming and Lakes Entertainment in January 2015, Golden Entertainment, Inc. owns and operates gaming properties across two divisions –distributed gaming and resort and casino operations. The Company operates some 16,000 gaming devices, 114 table games, 5,162 hotel rooms, and employs more than 7,200 team members. The company owns eight casino resorts; seven in Southern Nevada and one in Maryland and via its distributed gaming business in Montana and Nevada owns nearly 60 traditional taverns in Nevada and operates video gaming devices at approximately 1,000 locations.

Portugal Publishes Poker Liquidity Technical Standards; PokerStars Anticipated to Admit Portuguese Players to Europe Network Soon

Casino News Daily
Portugal Publishes Poker Liquidity Technical Standards; PokerStars Anticipated to Admit Portuguese Players to Europe Network Soon

Portugal’s technical standards framework on shared online poker liquidity (Regulamento n.º 115/2018) was published in the country’s Official Journal on Friday, February 16, local media reported. The publication of said framework means that there are no more regulatory hurdles before Portugal’s participation in the shared liquidity project.

The country was one of four, with France, Spain, and Italy being the other three, to sign the shared liquidity agreement in Rome in the summer of 2017. Generally speaking, the project is hoped to give a much-needed boost to online poker in Europe’s segregated markets.

France and Spain were the first two participating countries to roll out shared online poker tables. And PokerStars was the first and is currently the only online poker operator to offer Franco-Spanish tables via its PokerStars Europe network. The online poker brand launched the network in mid-January and it can be said that is participation in the shared liquidity project was off to a good start.

According to data from PokerScout, PokerStars Europe is currently the world’s third largest network in terms of cash game activity. It is also among the largest in terms of overall traffic. At the time of writing, there are a total of 17,930 players online on the poker network. Of those, 2,177 are playing cash games. The 24-hour cash game peak stood at 5,220 online cash game players.

Aside from PokerStars, other online poker operators have too expressed interest in participating in the shared liquidity scheme, with Winamax, partypoker, and 888 being among those. Winamax recently received the go-ahead to join the project from France’s online gambling regulator, ARJEL. However, the operator needs licenses from the other participating countries in order to be able to do that, as it is currently licensed in France only.

What the Publication of Regulamento n.º 115/2018 Means for Portugal’s Online Poker

The publication of the shared liquidity technical standard in Portugal’s Official Journal means that PokerStars could and probably would open its PokerStars Europe network to Portuguese players anytime now.

The inclusion of the country will boost the operator’s new network significantly in terms of liquidity, as there has been quite some activity on PokerStars’ .pt website since its launch in late 2016. According to PokerScout, there are more than 39,500 players online on PokerStars.pt at the time of writing, or more than twice as much as the current traffic of PokerStars Europe.

The publication of the technical standards framework could also encourage SRIJ, Portugal’s gambling regulator, to finally expand the country’s online poker market. At present, PokerStars is the only licensed operator to operate in Portugal. As mentioned above, the poker room received its license from SRIJ in 2016 and went live with a .pt website in December of that year. No poker licenses have been issued since then and industry experts have pointed out that SRIJ might be waiting for the start of the shared liquidity project before opening the local poker market to more operators.

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Developer LongRunn to build $4.2 billion casino city on Yeongjong Island, S. Korea

World Casino News
Developer LongRunn to build $4.2 billion casino city on Yeongjong Island, S. Korea

LongRunn International Group (“LongRunn”), investor and developer of large-scale Integrated Resorts (IR), landmark real estate developments, infrastructural and environmental projects in Asia, has reportedly penned a deal that will see it build a 76,000 square meter multi-resort complex on Yeongjong Island in Incheon, South Korea at a total cost 4.5 trillion won (US$4.2 billion). The island is home to the Incheon International Airport, which was built on reclaimed land between Yeongjongdo and Yongyudo Islands. The Incheon Bridge connects the island to the mainland and provides direct access between Songdo and Incheon International Airport. According to globalconstructionreview.com (GCR), a website of the Chartered Institute of Building (CIOB), under the terms of the deal, which was reportedly signed on Sunday in Singapore, the Chinese developer agreed to purchase a parcel of land on the manmade island for $80 million to be used for a $4.2 billion development to be named “Diamond City.” Incheon Free Economic Zone Commissioner Kim Jin-yong, reportedly said that the new contract would aid Yeongjong Island in competing with the likes of Las Vegas and Macau. CGR reports that according to LongRunn, the billion-dollar development will feature a casino and a seven-star hotel, as well as office towers, schools, malls and a medical centre specializing in cosmetic surgery. Additionally, the development will also be home to theme parks, a K-pop hub and an “interactive world cultural avenue”. LongRunn has reportedly been in discussions with the Korean government regarding the development since 2014. Upon completion, Diamond City will neighbor the partially opened casino and hotel complex, Paradise City, developed by Paradise SegaSammy Co., Ltd, a joint venture between Sega Sammy Holdings of Japan and Paradise Co., Ltd. of South Korea.

Friday, February 16, 2018

Video Lottery Gets South Dakota Lawmakers Okay

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Video Lottery Gets South Dakota Lawmakers Okay

State governments are struggling to find fresh sources of revenue to breathe life into their cash-strapped budgets. One of the main reasons many lawmakers support the legalization of casino gambling is the belief that such a move would be the panacea for the economy. But the gambling industry is a multi-faceted business that includes not […]

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Yggdrasil Gaming and GVC join forces in Spanish market

Casino News Today
Yggdrasil Gaming and GVC join forces in Spanish market

Yggdrasil Gaming and GVC sign a deal under which Yggdrasil will be able to enter the Spanish igaming market later this year. After reaching an agreement with its existing partner GVC. Yggdrasil will offer its games in the Spanish market during Q2 2018, in full compliance with Spanish requirements. GVC has a strong presence in Spain including its leading bwin ...

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Poll Shows Majority of Massachusetts’ 7th Congressional District Democratic Voters Support Wynn Casino

Casino News Daily
Poll Shows Majority of Massachusetts’ 7th Congressional District Democratic Voters Support Wynn Casino

Half of all likely Democratic primary voters in Massachusetts’ 7th Congressional District, which also includes the capital Boston, believe that the construction of the $2.4-billion Wynn Boston Harbor should continue now as Steve Wynn is no longer at the helm of Wynn Resorts, a poll by local radio station WBUR shows.

The casino mogul resigned as Chairman and CEO of the Las Vegas company earlier this month in the wake of sexual misconduct allegations against him.

Wynn Resorts was licensed to build and operate one of Massachusetts’ first commercial casino resorts, after voters had approved legalization of casino gambling in a statewide referendum. The Las Vegas casino company was selected as the preferred developer for a resort in the Greater Boston area.

Wynn Resorts is currently building a $2.4-billion complex along the Mystic River in Everett, a city located not far from Boston. The property is set to feature different accommodation, food and beverage, retail, and entertainment options as well as a casino with both slot machines and table games. Wynn Boston Harbor was slated to be completed and launched in the spring of 2019, but following the allegations against Mr. Wynn, its fate is currently quite uncertain.

A poll conducted by local polling group MassINC and commissioned by radio station WBUR showed that 50% of all Democratic voters from the state’s 7th Congressional District agree that the construction of the resort, which has been touted as major future tax revenue contributor and employer, should go forward now as the casino magnate is no longer involved in Wynn Resorts’ operations.

Another portion of the state’s Democratic voters (23%) believes that the project should continue but only if another developer takes over. Approximately 20% of the interviewed individuals call for the project to be nixed altogether. The remaining 7% have refused to express their opinion or have responded they have no opinion on the matter.

The poll further shows that 64% of all interviewed individuals believe the resort should be renamed; 21% say the Wynn name should be kept.

Ongoing Investigation

Shortly after the publication of a Wall Street Journal article detailing sexual allegations from former and current Wynn Resorts employees against Mr. Wynn, the Massachusetts Gaming Commission announced that it would investigate the reports and the appropriateness of Wynn Resorts’ participation in the state’s nascent casino industry.

The state’s gaming regulator later confirmed that the probe would continue “aggressively” even after Mr. Wynn’s resignation. Gaming officials pointed out that the Wynn Board’s previous knowledge of the allegations and whether it had had any such knowledge would be among the most important points they would take into account during the investigation.

It also became known that depending on the Gaming Commission’s findings, Wynn Resort could even have its casino license in Massachusetts revoked. There are also ongoing investigations in Nevada and Macau, where the gambling operator manages several hotel and casino properties.

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Greg Kolo Wins WSOP Circuit Seminole Casino Coconut Creek $365 Pot-Limit Omaha Re-Buy

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Greg Kolo Wins WSOP Circuit Seminole Casino Coconut Creek $365 Pot-Limit Omaha Re-Buy

Ohio-based player Greg Kolo became the latest winner of the ongoing WSOP Circuit Seminole Casino Coconut Creek stop. The player entered a $365 Pot-Limit Omaha Re-Buy event on Wednesday to eventually win a gold ring and $13,806 for his efforts late last night.

The winner said that he hopped into the tournament to win some points for the Player of the Year leaderboard. Then he ended up with the title and the gold piece of WSOP Circuit jewelery.

Kolo bested a tough field of 39 entries. However, most of the participants took advantage of the $100-worth re-buy option. As many as 191 re-buys were recorded and that heated action at the host casino even more. A prize pool of $30,800 was generated eventually and was split among the top four finishers.

Kolo entered the unofficial final table third in chips with approximately 38 big blinds. Joseph Irgon was the chip leader at that point with 46 big blinds left. It was eventually fellow former ring winner Matt Stout whom Kolo faced heads-up.

Heads-Up and Other Highlights

Under original plans, play for the day was scheduled to be stopped on Level 18 of the event. The two heads-up finalists reached that point in action but opted for an additional level, hoping to determine the winner during it. And that additional level lasted only several minutes before Kolo finished off his final opponent.

On what turned out to be the final hand of the evening and the tournament, chips went in post-flop. Stoud had two pair and a straight draw against his opponent’s pair and a flush draw. Kolo completed his flush to eventually scoop the title at around 3 am in the morning. Stout collected $9,240 for his runner-up finish in the Pot-Limit Omaha event.

Kolo won his first WSOP Circuit gold ring. However, he has one more piece of WSOP jewelery, a gold bracelet from the WSOP in Las Vegas. He captured it during the 2014 edition of the series for winning a $1,500 Pot-Limit Hold’em tournament. He also received $169,225 for his performance. To date, the player has collected nearly $380,000 from both WSOP and WSOP Circuit winnings.

After his victory last night, Kolo told WSOP Circuit staff that he actually entered the event chasing Player of the Year points. The season-long leaderboard grants seats into the season-ending Global Casino Championship to the 50 players who accumulate the most points throughout the season, and Kolo is looking to lock a seat and try his luck in the major event, which is set to take place this summer. The Pot-Limit Omaha the player entered and eventually won gave him the chance to rack up some points and increase his chance to accomplish his goal.

Earlier this season, Kolo finished runner-up in another Pot-Limit Omaha event, a $580 one. The player mused last night that he could have won the tournament, which took place at Horseshoe Hammond, if he had not lost a big hand for a lot of chips.

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Thursday, February 15, 2018

Relax Gaming Limited signs LeoVegas AB agreement

World Casino News
Relax Gaming Limited signs LeoVegas AB agreement

After last week inking a content distribution deal with Kindred Group, online casino games developer Relax Gaming Limited is at it again after signing a similar agreement earlier today with Swedish iGaming operator LeoVegas AB. Malta-based Relax Gaming Limited explained that the latest arrangement will see its online roulette and blackjack table game innovations offered by sites operated by Stockholm-headquartered LeoVegas AB including its LeoVegas.com and RoyalPanda.com domains before ‘more exciting products’ are made available over the course of 2018. Established in 2010, Relax Gaming Limited proclaimed that its HTML5 blackjack title allows online casino players to enjoy up to ‘three hands at once’ while its roulette counterpart utilizes the same random draw mechanism in order to offer ‘highly realistic ball movement and gameplay’. Patrik Osteraker, Chief Executive Officer for Relax Gaming Limited, declared that he was ‘delighted’ to have signed the content distribution deal with LeoVegas AB and to be able to offer the operator ‘a reliable [and] cost-effective solution’. “Our versions of these table games are not only visually impressive and intuitive to use for players, they are proven performers for operators in multiple markets around the world,” read a statement from Osteraker. For her part, Karolina Pelc, Casino Director for LeoVegas AB, stated that Relax Gaming Limited had ‘demonstrated innovation’ by producing mobile-friendly content and that she will now ‘eagerly follow’ the company’s future games development journey. “Mobile is the future of online casino and core to LeoVegas AB,” read a statement from Pelc. “Relax [Gaming Limited has] recognized this and produced content with this in mind. Table games are an important part of catering to our customers’ needs and we expect widespread appeal with the updated versions that Relax [Gaming Limited has] created. Expanding on an already great partnership, we are excited by the prospect of developing this further.”

888 Casino NJ Launches 50 New Games For Three Times The Fun, Fun, Fun

NJ Gambling Sites
888 Casino NJ Launches 50 New Games For Three Times The Fun, Fun, Fun
888 casino nj new online casino games

With tons of new NJ online casino games, 888 Casino NJ is making a big ad push and offering players more chances to get "lucky, lucky, lucky" in New Jersey.

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Texas Lawmaker Rolls Out New Bill after Court’s Ruling against Electronic Bingo Hall

CasinoGamesPro.com
Texas Lawmaker Rolls Out New Bill after Court’s Ruling against Electronic Bingo Hall

Only a week after a federal judge made a ruling against the Alabama-Coushatta Tribe of Texas, imposing a ban on the latter to offer its gambling operations, a bill that would allow the tribe to keep its electronic bingo hall in operation was rolled out by US Rep. Brian Babin. The proposed piece of legislation […]

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New Wave of Responsible Gambling Proposals in Japan Limits Casino Visits to 10 Per Month

Casino News Daily
New Wave of Responsible Gambling Proposals in Japan Limits Casino Visits to 10 Per Month

Japanese lawmakers tabled on Thursday a proposal that aims to limit the number of casino visits allowed to ten per month, local news outlet Japan Times reports. The measure is intended to curb gambling addiction issues that could arise from the planned opening of casinos across the nation.

The plan was presented to the ruling Liberal Party and its coalition partner Komeito earlier today. It is understood that it has already drawn opposition from a number of lawmakers as they perceive it too strict of a limitation.

Under the proposal, Japanese nationals and foreigners residing in Japan would be allowed three casino visits within seven consecutive days and ten casino visits within 28 consecutive days. Their visits to the country’s casinos would be tracked via Japan’s My Number system.

Introduced in 2015, the system issues a 12-digit ID number to Japanese citizens and foreign residents of the country that is used for various purposes, including social security, taxation, and disaster response.

It is understood that lawmakers from the ruling parties have expressed doubts over the use of the ID cards as an effective means to track people’s visits to casinos as just 10% of Japan’s population have had these issued so far.

What’s Next for Japan’s Casino Legalization Process?

The Japanese Diet approved a bill that legalized casino gambling in late 2016. Under that legislative piece, casino venues could only be built in Japan as part of larger integrated (MICE) resorts. Lawmakers now have to approve a separate bill that would set the rules under which the gambling facilities would be operated and where these would be built.

It is believed that the second piece of casino gambling legislation could be introduced by March. It was previously hoped that the bill could be crafted, introduced, and voted by the end of 2017, but political turmoil in the country delayed the process.

The second bill would also include responsible gambling measures that would be focused on limiting the negative impact of the future casinos on a nation that has already been engulfed in concerns regarding growing problem gambling rates.

A recent study by the Kurihama Medical and Addiction Center at the National Hospital Organization found that 3.2 million Japanese have suffered from milder or heavier forms of problem gambling behavior.

Under previously tabled responsible gambling proposals, the area casinos would occupy should not exceed 15,000 square meters and should account for no more than 3% of the total area of the integrated resorts they would be part of. An admission fee for Japanese citizens and foreign residents is also planned to be added to the list of measures included in the second casino bill.

The legislative piece would also determine the number of casinos that would be allowed to be built in the country as well as their preferred locations. The gambling venues together with the rest of the facilities at the integrated resorts would aim to boost Japan’s tourism product just as the nation has begun to regain its economic mojo.

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Wednesday, February 14, 2018

Connecticut Lays the Foundations of Online Gambling Expansion

CasinoGamesPro.com
Connecticut Lays the Foundations of Online Gambling Expansion

The state of Connecticut could soon be eyeing the addition of online gambling to its existing industry. Recently, the hotel and casino complex Foxwoods Resort Casino, which is owned and operated by the Mashantucket Pequot Tribe revealed that it has entered into a partnership agreement with the online games and systems PariPlay. According to experts, […]

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ElectraWorks Limited hit with Gambling Commission fine

World Casino News
ElectraWorks Limited hit with Gambling Commission fine

In the United Kingdom, the Gambling Commission regulator has ordered prominent online casino operator ElectraWorks Limited to pay a fine of £350,000 ($488,640) for repeatedly breaching advertising standards when it came to promoting ‘free bonuses’ on its websites. According to a press release from the Gambling Commission, the Gibraltar-headquartered operator was warned by the Advertising Standards Authority Limited in August of 2016 about an advertisement on its United Kingdom-licensed Bwin.com domain that purportedly offered a ‘free bonus’. The regulator declared that it had cautioned ElectraWorks Limited about the same site featuring such an advert a week later with the firm subsequently removing the offending instance. The Gambling Commission declared that these instances had breached a rule that all of its licensees must abide by the Broadcast Committee of Advertising Practice and the Committee of Advertising Practice codes when it comes to the utilization of terms such as ‘bonus’ and free bet’. Despite this occurrence, the Gambling Commission explained that it discovered similar breaches on ElectraWorks Limited-owned sites CasinoLasVegas.com, PartyPoker.com, SCasino.com, NobleCasino.com, CasinoKing.com and PartyCasino.com in April before June saw the same six domains repeat the infractions while CasinoLasVegas.com went on to chalk up a third infringement in August. The Gambling Commission stated via a second release (pdf) that the 14 offending advertisements had not stated the ‘significant limitations and qualifications’ attached to the bonuses ‘despite there being space to do so’ while it moreover cautioned ElectraWorks Limited for failing to ensure that the person in charge of its marketing duties had held ‘the requisite personal management license’. “This fine should serve a warning to all gambling businesses that we will not hesitate to take action against those who mislead consumers with bonus offers or fail to ensure they are correctly licensed,” read a statement from Richard Watson, a member of the Gambling Commission’s Business Plan Programme Board.

Betsoft deals with Snaitech for Italian Market expansion

Casino News Today
Betsoft deals with Snaitech for Italian Market expansion

Betsoft deals with Snaitech to further expand into the Italian market. As Betsoft deals with Snaitech, the popular provider will bring content to leading Italian gaming operator. Since Betsoft deals with Snaitech, Snaitech gets access to Betsoft’s suite of AAMS certified games via the GAN platform. The portfolio of games includes Betsoft’s Slots3™ and ToGo™ series of HTML5 games developed ...

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Juniper Research Predicts Massive Increase in Online Players and Bets by 2022

CasinoGamesPro.com
Juniper Research Predicts Massive Increase in Online Players and Bets by 2022

According to a report issued by the British research agency Juniper, the number of online gamblers is expected to rise by approximately 50% and reach more than 680 million by 2022 on a global scale. In addition, the research firm also shared a projection that online wagers will surpass $1 trillion over the same period […]

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Tuesday, February 13, 2018

bet365 Reportedly Eyes William Hill’s Australian Gambling Business

Casino News Daily
bet365 Reportedly Eyes William Hill’s Australian Gambling Business

Online gambling giant bet365 is considering the acquisition of the Australian business of its rival William Hill, local news outlet The Australian reported earlier today.

Reports about bet365’s interest in expanding its operations in Australia even further surface shortly after William Hill announced in mid-January that it would undertake a review of its Australian business. The British bookmaker entered the Australian sports betting market back in 2013 when it acquired local operator Sportingbet together with Isle of Man-based GVC Holdings.

William Hill paid the amount of £485 million for Sportingbet’s Australian and Spanish operations, while GVC assumed control over Sportingbet’s other operations.

William Hill said in its latest trading update from January that it would review its Tom Waterhouse-led Australian business due to growing regulatory pressure on international online betting operators that target local bettors. The major bookmaker said that the upcoming changes to Australia’s sports betting landscape would affect its profitability, hence its decision to reconsider its presence in the local market.

Bet365 is not the first rival gambling operator to have been eying William Hill’s Australian business. According to reports from local news outlets, Ladbrokes Coral and Paddy Power Betfair have also lined up in anticipation for confirmation that their rival would sell its local business.

All of the above-mentioned companies have been operating in Australia with licenses from the lower-tax Northern Territory to turn the country into one of the most competitive and lucrative online sports betting jurisdictions.

As mentioned earlier, the likes of William Hill, bet365, and Ladbrokes have been facing growing pressure from regulators and politicians, which will certainly bring significant changes to Australia’s betting landscape.

Regulatory Hurdles

Concerns and warnings about growing problem gambling rates and international operators exploiting loopholes in Australia’s gambling laws to avoid taxation resulted last summer in the introduction of a nationwide ban on the provision of online casino and poker games.

However, the federal government also announced that it would be cracking down on online sports betting operators, even though their activity was legal in the country. The political backlash prompted a package of sweeping reforms, including a ban on the so-called “free bets” and on credit betting.

In addition, several state governments have been discussing and have approved the introduction of a 15% point-of-consumption tax that would require operators to contribute 15% of the losses generated by customers based in any of the states to their governments.

The new taxation regime has already been introduced in South Australia, and is expected to take effect in Queensland and Western Australia. Victoria and New South Wales have also discussed the possibility to impose the tax on operators targeting their punters, but have not set a rate yet.

The recently completed merger of Australia’s biggest betting companies Tatts and Tabcorp is also expected to affect the country’s gambling landscape, as foreign businesses might be forced to consider consolidation in order to be able to survive the growing regulatory pressure combined with the increasing competition from their newly formed and larger local competitor.

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