Wednesday, January 31, 2018

Tokoroa Three-Way Gambling Venue Merger Faces Opposition

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Tokoroa Three-Way Gambling Venue Merger Faces Opposition

The decision of the Department of Internal Affairs to give the nod to a three-way Tokoroa gambling venue merger could be put into jeopardy. Colin Bridle, who is known as a long-time anti-poker machine lobbyist and a social worker in Torokoa, spoke at the South Waikato open public forum organized by Mayor Jenny Shattock and […]

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Play’n GO deals with Logrand to enter Mexico

Casino News Today
Play’n GO deals with Logrand to enter Mexico

Award-winning slots specialist Play’n GO deals with Logrand Entertainment Group to supply its full suite of games to Mexican operator. Right now the operator runs 14 casinos across Mexico and earlier this month it announced it would be launching its new interactive division, Strendus. As Play’n GO deals with Logrand, Play’n GO will continue its global expansion, with its first ...

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Actor, Musician, and Entrepreneur Jared Leto Warns Against Gambling-Like Bitcoin Investing

Casino News Daily
Actor, Musician, and Entrepreneur Jared Leto Warns Against Gambling-Like Bitcoin Investing

An on-and-off Academy Award winning actor, frontman of 30 Seconds to Mars, the band holding the Guinness record for the longest concert tour with 309 concerts, and a tech investor, Jared Leto also seems to have familiarized himself with the bitcoin craze as he has recently joined the growing debate over the nature of cryptocurrency investing.

In an interview with Australian radio station Nova, Leto presented his opinion on the matter, slamming bitcoin investing as gambling. The multi-faceted artist warned future investors against putting their money into bitcoin. He called cryptocurrency investing gambling and speculation, and went on to say that the activity is not something a person who could not afford to lose their money should delve into.

Leto’s comments come at a time when bitcoin and those investing in it are having a bit of a hard time. The virtual currency’s price reached an all-time high of $19,343.04 in mid-December, but growing regulatory pressure from different parts of the world and other factors resulted in its price dropping significantly overnight, spurring fears that any investor’s worst nightmare of a bubble burst could come true. At the time of writing, bitcoin’s price stands at $10,083.85, up slightly from earlier today when it tumbled to $9,748.53.

While we cannot say whether Leto’s knowledge is extensive enough, it should be noted that his opinion about the gambling-like nature of cryptocurrency investing is shared by many financial experts and analysts.

Regulators’ Stance on Cryptocurrency Investing

Due to the volatility of bitcoin and altcoins’ prices, investing in these has often been referred to as gambling. The Bank of Canada has recently become the latest financial institution to join the debate over the proper definition of cryptocurrency investing.

In an interview with business news outlet CNBC, Canada’s central bank governor said that bitcoin investing is gambling and not actual investing. The official further pointed out that the Bank of Canada will be working with regulators from different parts of the world for crafting regulations aimed to put limitations on certain aspects of cryptocurrency investing and trading.

While digital currencies and investing in those are considered a form of gambling by many, actual gambling regulators have pointed out that they have no authority over the regulation of the activity. The Netherlands Gaming Authority was one such regulatory body to comment on the matter. The regulator said in a statement that under the country’s current gambling regulations, cryptocurrency investing cannot be defined as any form of gambling and it thus does not fall under its purview.

The Actual Link between Cryptocurrencies and Gambling

The potential of digital currencies has been spotted by the global gambling industry. A number of online gambling operators have added cryptocurrency transactions to their lists of available payment options, and many more are expected to follow suit. Generally speaking, cryptocurrencies allow a relative anonymity, cutting out banks and other third-party financial institutions.

The UK Gambling Commission has been among the regulators to acknowledge the use of bitcoin and altcoins for gambling-related transactions, as long as these are conducted between UK gambling customers and UK-licensed operators. However, the regulator has warned of the risks of transactions of this type.

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A.J. Kelsall Ends WPT Borgata Winter Poker Open Championship Day 2 as Overnight Chip Leader

Casino News Daily
A.J. Kelsall Ends WPT Borgata Winter Poker Open Championship Day 2 as Overnight Chip Leader

The WPT Borgata Winter Poker Open Championship completed one more day on its schedule. It can be said that for yet another year, the event proved utter success with its high attendance.

The tournament attracted a field of 1,244 entries who put the guaranteed prize pool of $3 million well in the rear. After registration closed at the end of Level 2 on Day 2, organizers announced that as many as 156 lucky players will split a prize pool of $3,967,000.

Day 2 of the tournament, played on Tuesday at the Borgata Casino in Atlantic City, kicked off with 548 hopefuls from the two starting flights. Two hundred and so more players joined them at the poker tables, taking advantage of the late registration option.

As it happens during WPT Main Tour Main Events, it was an action-packed day. By the time all scheduled levels were completed, the start-of-the-day field was reduced to just 159 contenders. In other words, the remaining field is just three eliminations away from bursting the money bubble.

A.J. Kelsall ended up as the overnight chip leader with a stack of 768,500 in chips. Here it is interesting to note that the player managed to build that stack from a start-of-the-day one worth around 38,000.

More about the Chip Leader

Kelsall boasts live poker bankroll of more than $1 million, cashed over the course of nearly 17 years and from more than 100 live tournaments. The Florida resident entered the Borgata Winter Poker Open Championship fresh from a fifth-place finish in the Lucky Hearts Poker Open WPTDeepStacks $1,100 Main Event, from which he collected $56,239.

As mentioned earlier, Kelsall entered Day 2 of the WPT Borgata event with 38,000 in chips, which he multiplied into the largest stack at the end of the day. The player told WPT staff after play concluded for the day that he managed to win several extremely important hands that brought him 50,000 or 100,000, or even more. In addition, he did not lose any big hands throughout the day, which further helped him cement his position on top of the leaderboard.

Of his poker preferences, Kelsall said that he plays a little bit of everything, but does not think to be excelling in any of the different poker games. He further noted that he has been playing No-Limit Hold’em for quite some time now and that he does not enjoy it as much as he used to before. He named triple draw and razz some of his favorite poker games and noted that he enjoy playing these at the WSOP.

Day 3 action at the Borgata is slated to resume at noon local time. Organizers will fire things up by bringing in the Action Clock. As mentioned above, the money bubble is expected to burst shortly after the beginning of play. Min-cashes start from $6,129. As for the winner, they will cash $651,928 from the event.

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Tuesday, January 30, 2018

Aspire Global’s Karamba goes live with SBTech sportsbook

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Aspire Global’s Karamba goes live with SBTech sportsbook

In a move that will see the expansion of its range of igaming products, online casino and white label solutions provider Aspire Global recently penned a deal with SBTech that will see the 2017 SBC Awards winner of the "Sportsbook Supplier of the Year" initially go live with its flagship Karamba brand. The Malta-based group is now live with its UK-facing online casino Karamba, and as complement to its existing offering of live casino, slots, table games, scratch and instant games, will now offer SBTech’s acclaimed sportsbook. Chief Executive Officer for Aspire Global Tsachi Maimon, commented: “We are thrilled to add this new and engaging vertical to our solution, and are confident that the collaboration with SBTech will be a successful venture for both parties. The decision to choose SBTech as our sportsbook provider was based on its ability to adjust its product offering to our unique solution and the needs of our operators. This partnership will enhance the diversity of our offering to our partners and will continue the positive trend of growth experienced over the past few years,” according to the press release. Also commenting on the collaboration, Chief Executive Officer for SBTech Richard Carter, added: “This launch confirms SBTech’s position as the leading supplier of sports betting solutions for the sector’s top operators. We’re anticipating significant growth for all of Aspire Global’s partners, thanks to our expertise in deploying flexible trading and content solutions, with unique focus on cross-selling from casino to sports.” Up to now, Aspire Global’s focus has been on offering a full online casino solution to white label clients and operators. The addition of the market-leading sportsbook from SBTech will allow it to increase revenues for its operators and widen its product offering. Just recently, SBTech entered into a strategic partnership with GameAccount Network in anticipation of a positive outcome to the Christie v NCAA case currently being considered by the United States Supreme Court.

Casino Giants Register Interest in Cairns Global Tourism Hub Plan

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Casino Giants Register Interest in Cairns Global Tourism Hub Plan

Major casino companies have registered interest in participating in a project for the construction of a A$1-billion integrated resort in the city of Cairns, the Queensland government said earlier today.

The Global Tourism Hub scheme was introduced last fall. It involves the construction of a multi-purpose complex with a casino as well as a number of accommodation, food and beverage, retail, and entertainment facilities. Under the original proposal, the resort could be built on a four-hectare state-owned site at the city’s port. However, MPs said last year that it can technically be located anywhere within a 70-kilometer radius from Cairns.

The Queensland government opened a Registration of Interest process on October 30, 2017, and interested parties had up until January 23 to submit their responses.

It became known earlier today that over 12 registrations were submitted, and some of them came from several globally renowned casino operators. The government said that it would not reveal the applicants for commercial-in-confidence reasons. However, it pointed out that registrations included a mix of state, national, and foreign casino brands.

Local media reported that officials were encouraged by the overwhelming interest in the A$1-billion project, particularly given the fact that some of the world’s biggest casino companies have submitted their registration of interest responses. MPs told media that their exceeded expectations were a good indication that their choice of Queensland’s Tropical North as the preferred home to the future development was the right one.

The proposal for the development of the Global Tourism Hub came as part of the Queensland government’s efforts to further boost the state’s tourism industry, which is believed to be worth A$25 billion and to be employing 200,000 people.

Who Might Have Registered Interest?

While the Queensland government has decided against naming the operators that were interested in building a casino as part of the Global Tourism Hub, we believe that Las Vegas giant Caesars Entertainment Corp. may be one of these. Last spring, the company revealed plans for geographical expansion. It said that it would explore opportunities to enter new markets once its main operating unit emerged from bankruptcy.

What is more, reports emerged last June that Caesars was interested in entering the Queensland casino market through a partnership with Chinese-backed group of investors ASF Consortium, which was picked by the government to develop the A$3-billion Gold Coast Integrated Resort. Several months later, the government rejected the plan, citing environmental concerns and general discontent among Gold Coast residents.

Cambodian casino operator NagaCorp may be another operator to have registered interest in the Global Tourism Hub scheme. Casino News Daily reported last August that the company, which currently operates the NagaWorld Hotel & Entertainment Complex in the Cambodian capital Phnom Penh, had set eyes on Cairns as a potential destination for its international expansion.

With the conclusion of the Registration of Interest process, the Queensland government is set to launch an Expression of Interest process for interested parties. It is also important to note that the government also undertook a community consultation last year. Members of the public are able to voice their opinion on the Cairns project until February 11, 2018.

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Find SiGMA at ICE Totally Gaming

Casino News Today
Find SiGMA at ICE Totally Gaming

Find SiGMA at ICE Totally Gaming! ICE Totally Gaming is on the books for 6-8 February 2018, and SiGMA is attending in force. The 2017 edition registered upwards of 30,000 in attendance, and cemented the show’s reputation further. ICE is known for its product launches, and as a showcase for innovation in general. ICE VOX, which will replace ICE Conferences, ...

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Online Gaming Company Betsson Reduces Workforce by 160 Employees

CasinoGamesPro.com
Online Gaming Company Betsson Reduces Workforce by 160 Employees

The Sweden-based online gambling operator Betsson recently made an announcement which is going to impact the lives of hundreds of people around Europe. The company stated that in order to boost the efficiency of operation it would have to lay off as many as 160 employees. The main reason for the change s which would […]

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Monday, January 29, 2018

GameAccount Network to power Ocean Resort Casino online offerings

World Casino News
GameAccount Network to power Ocean Resort Casino online offerings

After last week inking a strategic partnership for the United States with sportsbetting solutions innovator SBTech, British online gaming software supplier GameAccount Network has now revealed the signing of a multi-year deal with the new owner of the coming Ocean Resort Casino. Previously known as TEN Atlantic City until it was sold for $200 million earlier this month to an entity known as AC Ocean Walk LLC and renamed, the 1,399-room Ocean Resort Casino expects to re-open for business in the summer complete with a casino featuring some 2,000 slots as well as approximately 100 gaming tables. To complement this casino, the Atlantic City property additionally intends to offer real-money online gaming and sportsbetting utilizing the New Jersey-licensed platform from GameAccount Network while moreover integrating these propositions with its on-site rewards program via the London-based firm’s Patent3 innovation. “This new Internet gaming destination is currently expected to launch in [the first half of] 2018 and will contribute materially to GameAccount Network’s revenues and earnings in [the second half of] 2018,” read a Tuesday statement from GameAccount Network. “Ocean Resort Casino in Atlantic City, New Jersey, is the substantial casino property formerly known as TEN Atlantic City/Revel Casino Hotel Atlantic City.” GameAccount Network also stated that it intends to release its financial results for the twelve months to the end of December on March 29 and expects these to have benefitted from the signing of four more clients for its United States-facing Simulated Gaming offering. It declared that this innovation is now utilized by twelve casinos across the country and accounts for over $8 billion in annual land-based gaming revenues. “GameAccount Network’s United States-facing Simulated Gaming business continued to benefit from the launch of several new United States casino operator clients in 2017 including Ocean Resort Casino, Chickasaw Nation’s WinStar World Casino, MGM’s The Borgata, Oneida Nation’s Turning Stone and Station Casinos,” read the statement from GameAccount Network.

Yggdrasil launches spellbinding Ozwin’s Jackpots slot

Casino News Today
Yggdrasil launches spellbinding Ozwin’s Jackpots slot

Yggdrasil Gaming launches its spellbinding new game, Ozwin’s Jackpots slot. The new five-reel, 20-payline Ozwin’s Jackpots slot sees Ozwin’s trusty apprentice weave spells in an attempt to turn the mighty magician into his human shape, all in exchange for big wins. During the gameplay, players collect crystals to restore the orbs of power and take a shot at five different ...

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GAN Announces Plans For New Ocean Resort Casino NJ Gambling Site In 2018

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GAN Announces Plans For New Ocean Resort Casino NJ Gambling Site In 2018
GAN ocean resort casino nj online gambling site

International online gambling operator GAN announced plans to open an online casino for Ocean Resort Casino, the former Revel, in the first half of 2018.

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Hard Rock Casino AC to begin hiring this week

World Casino News
Hard Rock Casino AC to begin hiring this week

As Hard Rock International prepares to open the Hard Rock Hotel & Casino Atlantic City, the company is going to need employees to work at the gaming venue and hotel. Starting this week, Hard Rock will begin the hiring process by hosting career events. On January 30th and 31st, the Atlantic City casino will host invite-only events for individuals who worked for the Trump Taj Mahal for at least 30 days before the venue closed. The Hard Rock Casino is of course located within the former Taj Mahal casino and the new operator is looking to give former employees of the Taj first dibs on jobs at the new venue. According to the Press of Atlantic City, former employees of the Trump Taj Mahal that would like to attend the events offering career opportunities need to submit an application online. Hard Rock officials will be reviewing the applications and selecting individuals to invite to the events this week via email with an invitation. Applications can be found here. From the Hard Rock Job Listing page, potential employees can find information on the jobs available. Searches can be completed with keywords for job openings as well as within categories such as Café Staff, Casino Operations, Administration, Housekeeping, Hotel Food & Beverage and more. Interested individuals can easily search for openings based on their skill set as well as former position within the Taj to see what might be available. The hiring process for the Hard Rock Hotel & Casino Atlantic City must begin as Hard Rock International plans on opening the property this summer. It will not be surprising to see many former employees of the Trump Taj Mahal vying for spots at the new casino. Taj employees had been on strike for several months before the former owner, Carl Icahn, shut down the casino in October 2016 after failing to reach a negotiation deal with union workers regarding issues involving health and pension benefits. In early 2015, the Taj Mahal was acquired by Icahn Enterprises LP through a bankruptcy court restructuring and in January 2016, an appeals court ruled that the Taj was within its rights to end pension benefits and health insurance to its workers, ruling in favor of Trump Entertainment Resorts, the casino's parent company, which ended benefits in October 2014 as part of its bankruptcy filing.

Sunday, January 28, 2018

Partypoker Powerfest in full swing

World Casino News
Partypoker Powerfest in full swing

Since January 21st, online poker players have been logging on at partypoker to take part in the 7th edition of Powerfest. The poker festival is one of the most popular on offer by partypoker, this time around offering 147 tournament events with $15 million in guaranteed prize money up for grabs. The action continues through February 4th, providing players with plenty of events to enjoy. Powerfest fits players of every bankroll as there are Low, Medium and High tier tournaments provided. The events in the Medium category will have buy-ins 10x the amount of the Low events. The events in the High category will have buy-ins 10x the Medium events. Players can choose to compete for the lesser buy-in, go for mid-range or on the high end, even a mix of them all! Players will find something on the schedule each day in each category. February 4th marks the final day of Powerfest with three events set to offer a $1 million in guaranteed prize money. Players can take part in the Main Event, scheduled for the 4th, offering a buy-in of just $215. This is the Medium option. Players can opt to compete in the Low Main Event for $22 or the High Main Event for $2,100. During Powerfest, party has been providing leaderboard competitions. As players compete in Powerfest events, they earn points based on finishes. The better the tournament finish, the more points earned. Leaderboards are on offer for the Low, Medium and High events. Partypoker will be providing $170,000 in prizes to the top 150 players on each leaderboard. Today, players will find a host of events on the schedule, in Low, Medium and High categories. Take part in Event # 24, a $25K guaranteed No-Limit Hold’em event with a $22 buy-in or go for the higher event, the $200k guaranteed event with a $215 buy-in. Additional tournament types on offer today include the Title Fight Special Edition, PKO and Turbo Pot Limit Omaha events, and more. Powerfest continues through February 4th, so there is still plenty of time for players to get in on the online poker action!

Ben Lamb Wins Aussie Millions A$25,000 Challenge

Casino News Daily
Ben Lamb Wins Aussie Millions A$25,000 Challenge

Ben Lamb, a two-time WSOP Main Event finalist, triumphed in the Aussie Millions A$25,000 Challenge in the first hours of Sunday to scoop a payout of A$647,114 and an ANTON Jewellery ring after dominating action on the event’s second day.

Lamb locked the victory after he agreed on a deal with Jan-Eric Schwippert before the beginning of heads-up. The two players shook hands on splitting what had remained of the prize pool based on their chip counts and flipping blind for the ring and the title. Schwippert, one of the members of Germany’s group of high roller elites, collected A$597,765 for his runner-up finish.

The event attracted a field of 114 entries, who created a prize pool of A$2,736,000. The second and final day of the A$25,000 buy-in tournament began with 19 players returning at the tables of Crown Casino in Melbourne. They were led by Taiwanese poker star Kitty Kuo. The female poker pro has performed quite well in Asian-Pacific tournaments over the past several years and was looking for a first major title from the Aussie Millions. The player actually came really close to winning one last night, but eventually finished fourth for one of her career’s best cashes of A$246,240.

As the day progressed, the Day 2 field of 19 players was reduced to the final seven who gathered around an unofficial final table. Schwippert was the chip leader at that point, followed by Lamb. It can be said that action during the final day of the event was marked by these two’s attempts to outrun each other.

Lamb’s Final Move to Victory

As mentioned above, Lamb and his German opponent were the last men standing in the field. Instead of engaging in what could have been a rather long heads-up duel, the two players agreed to split the remaining money and to flip blind for the title.

On the final hand in play, Lamb’s [Qc][Jc] faced Schwipper’s [10s][4h]. The board ran out [2c][9s][3c][3d][7h] to secure Lamb with the title and the champion’s ring.

In his post-victory interview, Lamb said that the six-handed format was his favorite, and he really enjoyed playing the A$25,000 Challenge. At this time of the year, the player usually participates actively in the PCA and skips the Aussie Millions. However, it was a bit different this year. Lamb decided to play in the PCA for just a week, and then he traveled to sunny Australia for Crown Melbourne’s big annual festival.

Including his latest live poker accomplishment, Lamb now has more than $8.8 million in tournament earnings. As mentioned earlier, the player played at the final table of the WSOP Main Event two times. In 2011, he finished third in the massive event, good for $4,021,138. Last summer, Lamb collected $1 million after took ninth place in the $10,000 Championship.

The post Ben Lamb Wins Aussie Millions A$25,000 Challenge appeared first on Casino News Daily.

Saturday, January 27, 2018

Not-So-Perfect TEN: The Story Of Atlantic City’s Revel Casino

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Not-So-Perfect TEN: The Story Of Atlantic City’s Revel Casino
Revel TEN NJ Casino timeline

The complete history of $2.4 billion Revel Casino in New Jersey, which was supposed to revolutionize gambling in Atlantic City, but went belly up.

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Dan Iliovici and Alex Henderson: Responsible Gambling & Anti-money laundering

Casino News Today
Dan Iliovici and Alex Henderson: Responsible Gambling & Anti-money laundering

Responsible Gambling & Anti-money laundering with Dan Iliovici (Romanian National Office of Gambling) and Alex Henderson (The Ritz Hotel Casino London). The leading boutique style gaming conference in Prague has announced more speaker profiles and it looks like the event will cover all hot topics of the industry. Responsible Gambling is among the most searched topics of the online and ...

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Senior management reshuffle at Melco Resorts and Entertainment Limited

World Casino News
Senior management reshuffle at Melco Resorts and Entertainment Limited

In Macau, casino operator Melco Resorts and Entertainment Limited has reportedly announced a number of planned changes to its senior leadership team including the imminent departure of industry veteran Gabriel Hunterton as President for its City of Dreams Macau property. According to a report from GGRAsia, industry veteran Hunterton was appointed to oversee the Cotai Strip venue a year ago with this role now set to be filled by David Sisk, who currently serves as President for Melco Resorts and Entertainment Limited’s nearby Studio City Macau enterprise. In addition, Melco Resorts and Entertainment Limited reportedly explained that Geoffry Philip Andres, President for its City of Dreams Manila venue, will take over from Sisk at Studio City Macau while Kevin Benning is to be promoted to the roles of Chief Operating Officer and Senior Vice-President in the Philippines. “The redeployment of our senior operating management across our integrated resorts is aimed at optimizing our operating excellence,” reportedly read a statement from Lawrence Ho Yau Lung, Chairman and Chief Executive Officer for Melco Resorts and Entertainment Limited. “We are leveraging on key individuals who all have demonstrated their expertise in managing and delivering strong growth.” GGRAsia moreover reported that November saw Melco Resorts and Entertainment Limited record net third-quarter revenues of around $1.38 billion, which represented a year-on-year rise of almost 19.5%, with the firm declaring that this swell had been ‘primarily attributable to higher rolling chip revenues at City of Dreams [Macau] and the commencement of rolling chip operations at Studio City [Macau] in November of 2016’.

Bertrand “ElkY” Grospellier Leaves PokerStars Team Pro

Casino News Daily
Bertrand “ElkY” Grospellier Leaves PokerStars Team Pro

French poker pro Bertrand “ElkY” Grospellier has reportedly left PokerStars Team Pro, poker news outlet PokerFuse reported citing unnamed industry sources. The Frenchman thus became the fourth sponsored professional to leave the poker operator’s cluster of stars, who are promoting its brand globally, since the beginning of the year, with Vanessa Selbst, Jason Mercier, and Felipe Ramos being the other three.

While PokerStars is yet to confirm Grospellier’s departure, PokerFuse has pointed out that his picture and bio had been removed from the online card room’s official website. It is also still unknown why ElkY has decided to leave PokerStars’ team of sponsored players, but many would suggest that this might have to do with the multiple tweaks the poker operator has introduced in its rewards program over the past several years.

Many players, who have been playing poker for years, have complained about PokerStars depriving them of privileges they have earned through countless hours of playing. Indeed, the poker room’s focus has recently shifted towards attracting more recreational players to its online poker premises.

Who Is ElkY?

Prior to rising to fame in the poker world, Grospellier had made a name for himself as one of the world’s top eSports players. He then focused his attention to building a poker career. With live tournament earnings of more than $13.5 million, ElkY is his home’s country’s most profitable player of all time.

What is more, the Frenchman is one of the very few players to have accomplished the Triple Crown in poker. To be more specific, he has a WPT, a WSOP, and an EPT title in his massive portfolio of poker accomplishments. In 2008, Grospellier won the $8,000 PCA Main Event for $2 million in prize money. It was also in 2008 when the player won his WPT title. He bested the $15,000 buy-in Festa al Lago for $1,411,015. He has a gold bracelet from a WSOP Seven Card Stud Championship event he won back in 2011.

It is also important to note that ElkY is one of the world’s most accomplished online poker players, playing both in cash games and tournament events. In fact, he was the first online player to reach PokerStars’ Supernova and Supernova Elite statuses.

As mentioned earlier, three other Team PokerStars Pros parted ways with the online poker room since the beginning of the year. In a comprehensive post on Facebook, Vanessa Selbst, the world’s most profitable female poker pro, announced that she was retiring from professional poker to pursue other career opportunities. She thus ended her contract with the card room.

Jason Mercier followed suit, announcing that he had not renewed his contract with PokerStars. The player explained that he plans to spend more time with his wife, Natasha Mercier, who is also a professional poker player, and their newborn son. Judging by his statement, Mercier had parted ways with the poker room quite amicably, pointing out that he had spend wonderful eight and a half years as a sponsored player.

However, Felipe Ramos did not seem to have ended his contract with PokerStars in friendly terms. In a series of tweets, the Brazilian player joined the wave of discontent towards the poker brand’s new priorities.

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Friday, January 26, 2018

Biggest Aussie Millions Winners over the Years

Casino News Daily
Biggest Aussie Millions Winners over the Years

The Aussie Millions Poker Championship is probably the biggest live festival to be taking place in the Southern Hemisphere on an annual basis. Over the years, the event has gained global popularity with the number and diversity of poker events it features and has attracted some of the world’s most popular and highly selective poker players.

This year the major poker series celebrates its 20th anniversary which will certainly elevate the spirits of both organizers and players who are planning to take part in the poker festivities at the host venue Crown Casino in Melbourne. To celebrate the recent start of the 2018 Aussie Millions, Casino News Daily has prepared a short list of some of the largest payouts awarded to players over the past two decades.

Phil Ivey

Phil Ivey previously made history at the Aussie Millions. He became the only player to ever win three A$250,000 Challenges, an event that dropped from the 2018 schedule of the festival due to lack of interest last year.

Ivey won the tournament in 2012, 2014, and 2015, scooping a total of $8.205 million for his three triumphs. The 2012 edition of the event drew 16 entries, who created a prize pool of A$4 million. Ivey collected half of that amount.

In 2014, the popular poker pro took down the largest ever A$250,000 Challenge for A$4 million. The event had 30 entries and 16 re-entries. The massive interest generated a prize pool of A$11.27 million, which made the event the largest one to have taken place over the festival’s twenty years of running.

Erik Seidel

Seidel, yet another of poker’s heavyweights, is too part of the biggest Aussie Millions winners club. The player won the inaugural A$250,000 Challenge in 2011. He collected a nice payout of A$2.5 million for his efforts. It is also important to note that he beat a field of 20 entries.

The poker professional with live tournament earnings of more than $33.5 million also almost won an Aussie Millions Championship. The player finished second in the 2008 edition of the event. He was one of 780 entries to join the event’s field, and eventually made it to heads-up against Russia’s Alexander Kostritsyn. The Russian took down the Main Event, while Seidel scooped A$1 million for his deep run.

Sam Trickett

England’s most profitable poker player has too performed beautifully in several Aussie Millions tournaments over the years. He boasts a A$250,000 Challenge title as well as a A$100,000 Challenge one. Trickett captured his title from the A$100,000 event first.

He took down the high roller tournament back in 2011. The player collected the amount of A$1.525 million. That year’s edition of the A$100,000 Challenge attracted 38 entries for a prize pool of A$3.8 million. The Englishman was also the winner of the 2013 A$250,000 Challenge. The player emerged victorious from a field of 18 participants. His share of the prize pool totaled A$2 million.

Trickett’s current live poker bankroll exceeds $20.8 million. The player had his best cash ever back in 2012, when he finished runner-up to Antonio Esfandiari in the $1,000,000 buy-in Big One for ONE DROP.

Biggest Aussie Millions Main Event Winners

Australian players Stewart Scott, Tyron Krost, and David Gorr (pictured) were the ones to collect the largest payouts for winning the Championship event. They took it in that order in three consecutive years, and all three received A$2 million for their accomplishments.

Scoot took down the A$10,000 buy-in tournament in 2010. The player was the last man standing from a field of 746 entries. Krost beat a field of 721 fellow participants the next year. Finally, Gorr took down the event in 2012, emerging the victor from 659 entries.

This year, the A$10,600 Main Event is slated to kick off on Sunday, January 28, with the first of three starting flights. The tournament will be completed on February 4, when the official final table will take place.

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Arsenal F.C. agrees cryptocurrency sponsorship deal

World Casino News
Arsenal F.C. agrees cryptocurrency sponsorship deal

One of the English Premier League’s biggest teams, Arsenal F.C., has reportedly inked a partnership deal with US-based CashBet, a cryptocurrency designed for sports betting, online casino and eSports. Via the deal, which was announced on January 24, the same day as CashBet Coin was due to be launched, the professional football club based in Highbury, London reportedly becomes world football’s first team to partner with a cryptocurrency. The iGaming cryptocurrency, which can be used on apps powered by CashBet and iGaming sites, hopes to benefit from Arsenal’s extensive reach as a football club which receives global support. Per the agreement, the California-based CashBet Coin will be advertised during Premier League home games inside the Emirates Stadium. The value of the deal was reportedly undisclosed. Commenting on the new partnership, CCO for Arsenal, Vinai Venkatesham, said: “We are pleased to welcome Cashbet Coin as our partner. We are looking forward to working with CashBet Coin as they launch their new cryptocurrency,” according to the Evening Standard. Also commenting on the deal, Founder and CEO for CashBet, Dr. Mike Reaves, said: “With our ICO for CashBet Coin, we are actively targeting a global, multi-billion dollar marketplace of iGaming content providers, operators and players. “We are delighted to do so in partnership with one of world football’s true giants in Arsenal, enabling us to build our brand and engage this audience in a meaningful way.” The deal comes as a growing number of business leaders and regulators express concern regarding the potential dangers to consumers who risk their savings in unregulated virtual currencies. According to British daily newspaper The Guardian, the Financial Conduct Authority, a financial regulatory body in the United Kingdom, warned consumers in 2017 that if they invested in Bitcoin, they should be prepared to lose their money. The Guardian reports that the FCA waved comment on the decision by Arsenal to promote a cryptocurrency, but that it was pointed out by a spokesman that the regulator was planning to “conduct a deeper examination of the fast-paced developments” of initial coin offerings (ICOs) and if necessary, would take “further regulatory action.” For its part, CashBet reportedly said that it was pleased to have secured a deal with Arsenal as the company is “actively targeting a global, multibillion-dollar marketplace of i-gaming content providers, operators and players,” as reported by The Guardian.

New York’s New Casinos Hurt Other Gambling Operators’ Performance

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New York’s New Casinos Hurt Other Gambling Operators’ Performance

According to a newly-filed analysis, the state of New York saw a sharp increase in its gaming revenue due thanks to three new casinos’ opening in 2017. On the other hand, the new casinos in the state are now blamed for hurting the competition in the region’s gambling market which has already been pretty much […]

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Greek Taxman Slaps €200-Million Tax Bill on Gambling Operator GVC

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Greek Taxman Slaps €200-Million Tax Bill on Gambling Operator GVC

One of GVC Holdings’ online sports betting brands has received an unexpectedly high tax bill, following an audit by Greece’s taxman. The €186.77-million tax bill was addressed to Sportingbet, which GVC acquired back in 2013.

The Isle of Man-based gambling giant may thus be forced into paying nearly a quarter of its group revenue for 2016 (€843 million), based on the review by the Greek Audit Center for Large Enterprises, the company itself revealed in a Thursday statement.

As mentioned above, GVC purchased Sportingbet, excluding the latter’s Australian and Spanish operations which were acquired by rival William Hill, back in 2013. The gambling company pointed out in its statement from yesterday that the tax bill from the Greek audit authority encompassed a period between 2010 and 2011, or two years before GVC took over the online sports betting brand.

It is understood that other gambling companies have too been affected by surprisingly high tax bills from the Greek tax authority.

GVC explained in its Thursday statement that the tax assessment was “substantially higher by multiplies” of what Sportingbet had generated in revenue during the covered period. The company further pointed out that its Board disputes strongly the Greek taxman’s basis for assessment calculation as the “assessed quantum” was “widely exaggerated”.

GVC’s Action Plan

The gambling company has sought legal and tax advice from its Greek advisers and is contemplating on disputing the tax assessment in court. It clarified that if it brings the matter to court, the appeal process will actually be conducted in Greek courts.

However, it has entered into agreement with the Greek Audit Center for Large Enterprises to make monthly payments of €7.8 million over the course of the next two years. As GVC is preparing to appeal the tax bill, the money will be held in an account, as per its agreement with the Greek tax authority. GVC has also made a €200-million provision in its financial accounts for 2017 to cover the tax bill.

GVC’s planned takeover of rival gambling company Ladbrokes Coral is not expected to be affected by the recent tax developments in Greece. Last month, GVC renewed its talks to acquire its fellow gambling operator, with discussions resulting in a preliminary agreement for a £4-billion deal.

GVC and Ladbrokes have a long history of courtship. The two companies originally discussed a potential merger deal in 2016 amid growing concerns over the results from the UK government’s review into the nation’s gambling industry. The review was focused on the highly controversial fixed-odds betting terminals and its findings were published last fall.

Ladbrokes is the largest operator of such machines in the UK, and it feared that a potential FOBTs crackdown would hit its profitability significantly. Last fall, the UK Government confirmed that there would indeed be a crackdown on the controversial machines and MPs are set to announce what this crackdown would involve anytime now.

Ladbrokes Coral hopes that joining forces with a strong digital partner could help it offset losses caused by the pending reduction of FOBTs’ maximum stake.

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Thursday, January 25, 2018

New Jersey Online Gambling Field Reaches 5-Year Stellar Gambling Revenue Growth

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New Jersey Online Gambling Field Reaches 5-Year Stellar Gambling Revenue Growth

The state of New Jersey is worldwide-known for its status of a gambling hub and a location which is constantly on the lookout for new offerings and improvements to the gambling industry. Five years ago the authorities of the state came to the conclusion that casino enthusiasts deserve more when it comes to their gambling […]

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London Affiliate Conference networking schedule announced

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London Affiliate Conference networking schedule announced

The London Affiliate Conference (LAC) is fast approaching and iGB Affiliate has released a networking schedule for the event that will be held over the course of four days at the ExCeL London beginning February 7, 2018. While the guide is very handy, networking never really stops at LAC. But the schedule points out the main events inside and out of the main conference room where delegates have a chance to meet and mingle with 5,000 others and get to know some of the brightest minds in the industry. Whether you attend the dedicated parties, mingle on the floor, or wind it all up with a drink in the hotel bar, you can always meet someone new or reestablish loose connections with peers on the east side of London. The official opening party will be held at Trade Union. Payment processor for the industry, UPAYCARD will host a networking party at Tropicana Beach Club. The Draft House will be the location to meet up and wind down. Shona ODonnell, head of operations at iGaming Business said: "This is traditionally the busiest time of the year for our industry, but we can’t wait for the London Affiliate Conference to get underway next month. "We have laid on a series of events that will allow delegates to network and unwind at some of London’s most exciting venues," according to press released by iGB Affiliate this week. She added, "It’s an ideal opportunity to spend a week in London with the industry’s most influential individuals." Following is the full networking schedule for LAC 2018. Kick things off with welcoming drinks from 16:00 – 18:00 on Wednesday the 7th. Meet up at Tower Hotel on St. Katharine's Way to exercise your elbow shaking hands and lifting merrymakers. Hugs are allowed. Then from 21:00 until the last call, join in the official LAC opening party at Trade Union, 3 Thomas More Street, St Katharine's & Wapping. On Thursday night from 21:00 until late UPayCard will be holding another official networking party at Tropicana Beach Club. For those unfamiliar with the trendy outpost, take your choice between two themed bars and enjoy the palm trees along with exotics flora. Admission is free to the iGB Affiliate Awards which begin at 21:00 on Friday night, the 9th. Head over to The Brewery at 52 Chiswell Street to accept your award or cheer on your colleagues as delegates celebrate an eventful year in the iGaming business together. Once again, Intertops is sponsoring the Unwind Session from 13:00 – 16:00 on Saturday 10th February 2018. The Draft House will be your venue to finish off the week. Say your goodbyes and exchange any contact info you may have missed or misplaced earlier before catching a plane, train, or driving your auto home. For more information about LAC, please visit: http://www.igbaffiliate.com/events/london-affiliate-conference#networking

Brazil Needs Casino Resorts to Boost International Tourism, Lawmaker Says

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Brazil Needs Casino Resorts to Boost International Tourism, Lawmaker Says

The government of Brazil needs to authorize the construction of a certain number of casino resorts across the country in order to boost its tourism, Federal Deputy Paulo Azi said on Wednesday. Mr. Azi presides the Tourism Committee at Brazil’s Chamber of Deputies.

The lawmaker spoke with local media during a Wednesday event celebrating the official launch of electronic visas for Americans. As from today, January 25, American residents will be able to apply for visas to Brazil electronically. In addition, the visa price has dropped to $40 from $160. The government of the South American country has undertaken the move in a bid to attract greater tourist flow from the United States.

The number of US tourists heading to Brazil decreased to 570,000 in 2016, when Brazil hosted the summer Olympics from 657,000 in 2014. The country’s government hopes that the lower visa price and the simplified application process would attract more visitors from the States.

Overall, Brazil welcomed a little over 6.5 million tourists in 2017, or nearly half the number of people who visited Singapore last year. Here it is important to note that the city-state legalized casino gambling in the mid-2000s. It had two operational integrated resorts with casino floors by the turn of the current decade.

Brazil’s Minister of Tourism Marx Beltrão said during yesterday’s event that if they find the right formula for developing Brazil into an attractive tourism destination, this could result in R$170 million being poured into the local economy every year.

Legal Status of Gambling in Brazil

With very few exceptions, gambling is generally illegal in South America’s largest country. For several years now, lawmakers have been considering a sweeping reform that would change Brazil’s gambling regulatory regime drastically and would expand the list of legal gaming and betting activities significantly. However, no gambling expansion proposal has been signed into law so far, despite the efforts.

Two separate gambling bills were introduced in Brazil’s National Congress several years ago, on in the Chamber of Deputies and the other in the Senate. The Senate piece – PLS 186/2014 – has gained more media attention, as it is the one to be calling for massive gambling expansion across Brazil and across all gambling sectors. Generally speaking, the bill provides for the legalization of casino gambling and of online gaming and betting, among other things.

Late last year, the bill stalled in the Senate’s Constitution and Justice Commission and it is yet to be announced when exactly commissioners will be able to finally cast their votes.

The potential legalization of casino gambling in Brazil has drawn the attention of some of the world’s casino powerhouses, including Las Vegas giants Las Vegas Sands and Caesars Entertainment. Reports emerged last spring that Las Vegas Sands CEO and Chairman Sheldon Adelson, in a meeting with Brazilian President Michel Temer, has revealed plans to build an $8-billion casino resort in Rio de Janeiro. Emerging from bankruptcy, fellow casino giant Caesars Entertainment has also said that Brazil has been one of the destinations it would gladly expand its presence to.

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The iGathering Comes Of Age…

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The iGathering Comes Of Age…

The iGathering have become a staple on Malta’s iGaming calendar, a sign of SiGMA’s year-round commitment to the industry. Over the previous editions guests have really been treated to some of the finest dining extant, and the experience is only getting better with successive editions of the event. The purpose of the iGathering is to expose the movers and the ...

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Wednesday, January 24, 2018

Another delay hits the opening of Macau’s luxury The 13 hotel

World Casino News
Another delay hits the opening of Macau’s luxury The 13 hotel

In Macau, local hotel developer The 13 Holdings Limited has reportedly announced that it has again postponed the opening of its The 13 property and does not now expect to begin welcoming guests to the luxury venue until the end of April. Costing approximately $1.6 billion to build, The 13 had originally been due to commence operations on a 65,000 sq ft plot of land near the border between the Cotai and Coloane districts of Macau last July but this deadline was later missed after the developer ran out of usable cash. The 13 Holdings Limited, which was previously known as Louis XIII Holdings Limited until a 2016 name-change, subsequently floated a March 31 opening date as it undertook steps to raise additional funds. According to reports from Asia Gaming Brief and GGRAsia, one of these actions reportedly saw the developer initiate a capital reorganization program that it explained would allow it to save approximately $223.5 million by consolidating shares and reducing exposure. Hong Kong-listed The 13 Holdings Limited has now reportedly declared that it hopes to open The 13 ‘on or before’ April 30 while additionally stating that it already holds all of the necessary non-gaming licenses from the Macau Government Tourism Office. “Additional time was required by both the company and the valuer for the preparation and the due diligence works in respect of the valuation assessment on The 13 hotel project, which resulted in delays in the expected timetable for the rights issue,” reportedly read a statement from The 13 Holdings Limited. “The hotel opening, as at the latest practicable date, is expected to be on or before April 30, 2018.” Regarding rumors that The 13 may one day feature a casino, The 13 Holdings Limited reportedly proclaimed that the authorization to operate any such venue remains ‘subject to the approval of the Macau government’ and, therefore, the likelihood that such an enterprise will open ‘remains an uncertainty’.

Galaxy Macau Casino Sees Successful First Emergency Drill

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Galaxy Macau Casino Sees Successful First Emergency Drill

Macau is the biggest gambling hub on a global scale and as such, maintaining a high level of security is of utmost importance for the well-being of the customers and guests of the facilities. This Tuesday saw the first emergency response drill which was performed by the police and as it has been confirmed the […]

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Five Years Later, NJ Online Gambling Bill Signed By Chris Christie Is Considered A Success

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Five Years Later, NJ Online Gambling Bill Signed By Chris Christie Is Considered A Success
chris christie new jersey online gambling bill

As the five-year anniversary nears, we look back at the successes for NJ's online gambling bill after it was signed into law by then-Gov. Chris Christie.

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Prague Gaming Summit 2018 – Michal Shinitzky, Max Krupyshev and Dr. Robert Skalina

Casino News Today
Prague Gaming Summit 2018 – Michal Shinitzky, Max Krupyshev and Dr. Robert Skalina

The leading boutique style gaming conference in Prague is already seeing a large volume of registrations and the organizers are optimistic about the 2018 edition as well. The list of Prague Gaming Summit 2018’s speakers includes Michal Shinitzky, Max Krupyshev and Dr. Robert Skalina. If you study the event’s agenda, you will find some interesting panel style talks that are ...

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Tuesday, January 23, 2018

New Jersey Lawmakers Double Down On Sports Betting With DOJ Letter

NJ Gambling Sites
New Jersey Lawmakers Double Down On Sports Betting With DOJ Letter
lawmakers letter DOJ NJ sports betting

A group of 10 NJ lawmakers sent a letter to the DOJ asking the department to uphold their 2011 Wire Act decision that legalized online gambling sites.

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Genii games for Bede Gaming Limited

World Casino News
Genii games for Bede Gaming Limited

Online casino games developer Genii has announced the signing of a deal that will see its full portfolio of 140 high-definition titles made available to remote operators via the platform from fellow British innovator Bede Gaming Limited. London-headquartered Genii stated that the agreement will enable clients of Bede Gaming Limited to enjoy an innovative online games portfolio that ‘incorporates a broad range of genres to cater to players of all types and from any market’ such as its patented Spin16 range. Nick Barr, Sales Director for Genii, which also has offices in Malta and Vietnam, declared that the deal will enable his firm to utilize the online gaming platform from Bede Gaming Limited to ‘deliver innovative and patented content with player engagement and interaction firmly embedded in each game to operators in the gaming market swiftly and easily’. For its part, Newcastle-Upon-Tyne-based Bede Gaming Limited explained that the agreement will assist its ‘industry-leading mobile performance’ as the games from Genii are available to enjoy on ‘all mobile platforms’ including those running the Apple, Android and Windows operating systems as well as via desktop. “This is a great addition to our ever strengthening product,” read a statement from Michael Brady, Chief Executive Officer for Bede Gaming Limited. “Genii will add a new dimension to our offering with its innovative and engaging content while its broad genres ensure there are games to accommodate all player types.”

British Poker Pro Gavin “gavz101” Cochrane Is on a January Online Winning Streak

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British Poker Pro Gavin “gavz101” Cochrane Is on a January Online Winning Streak

In the poker world, players can amass an impressive amount of winnings in a short period of time if they happen to be on a winning big and fast. This happens when Lady Luck smiles upon them and grants them with a bunch of good hands which secure them the top positions on the leader […]

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Kindred Group goes live with Nolimit city games via Relax Gaming platform

Casino News Today
Kindred Group goes live with Nolimit city games via Relax Gaming platform

Kindred Group goes live with Nolimit city games via Relax Gaming platform. After a strong 2017, Nolimit city starts the new year with a successful launch following finalising integration work with the renowned platform and games provider, Relax Gaming. As Kindred Group goes live with Nolimit city games, Nolimit city will celebrate the first of many releases via the joint ...

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Monday, January 22, 2018

NJ Online Gambling Hits Four Consecutive Years of Growth As Revenue Nears $250M

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NJ Online Gambling Hits Four Consecutive Years of Growth As Revenue Nears $250M
new jersey online gambling revenue 2017

The New Jersey Division of Gaming Enforcement released the state's 2017 online gambling revenue numbers and, once again, they surpassed the previous year's.

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Gaming Realms inks two-year deal with Golden Nugget

World Casino News
Gaming Realms inks two-year deal with Golden Nugget

UK-based gaming company Gaming Realms plc (LON:GMR) announced on Monday that it has penned a two-year license and revenue sharing agreement with Golden Nugget that has seen its Slingo Originals range launched on GoldenNuggetCasino.com. The developer, publisher and licensor of mobile real-money and social games reportedly said that, per the terms of the two-year agreement, the AIM-traded firm has launched on the Golden Nugget website seven ‘Slingo Originals’ titles, including the well-received Slingo Extreme, Slingo games and Slingo Riches. According to Shares Magazine, additional new games titles will also be launched over the coming months. In 2017, a 30 percent share of the New Jersey online gaming market was reportedly held by Golden Nugget, making it the Garden State’s largest operator. The prior year, the Golden Nugget experienced a 36.4 percent year-over-year increase in online gaming revenues, which resulted in its market share in 2016 going up to 21.5 percent compared with 20.8 percent the year prior. In December 2017, the casino reportedly brought in upwards of $6 million in revenue for the fifth time and for the third consecutive month for the first time ever, according to the Online Poker Report. Patrick Southon, CEO for Gaming Realms, said, “Working with New Jersey's largest online gaming operator is a fantastic opportunity for Gaming Realms,” according to the UK news agency. “Given the size of Golden Nugget's player base and success of Slingo to date, we are excited by the commercial prospects of our partnership,” added Southon. Also commenting on the deal, Golden Nugget vice-president of online gaming, Thomas Winter, said his company “prides itself” for offering the largest selection of online games in New Jersey. Winter went on to say, “We are very excited to start this partnership with Gaming Realms, which will see Golden Nugget Casino add the innovative, New Jersey-designed Slingo games.”