The 39-year-old Clark man doesn’t gamble and said he bought a lottery ticket “maybe once before, like 10 years ago.” But hey, the Powerball had reached to a dizzying $1.6 billion, and he figured his odds were as good as anybody’s.
Monthly Archives: January 2016
Clark Man Still Celebrating $50K Lottery Win
The 39-year-old Clark man doesn’t gamble and said he bought a lottery ticket “maybe once before, like 10 years ago.” But hey, the Powerball had reached to a dizzying $1.6 billion, and he figured his odds were as good as anybody’s.
Chinese VIPs out: Manila casinos race to serve robust demand from local market
Chinese high rollers are out, at least for one casino operator in the Philippines.
For Tiger Resort Leisure and Entertainment Inc. (TRLE), the focus now is on getting “a wider range of customers” through the doors of the $2 billion Manila Bay Resorts, which is expected to open in December 2016.
Matt Hurst, executive vice president of casino operations and marketing at Tiger Resorts, told Business World that the Chinese market is still an important part of their business model, but the company—along with other operators of integrated resorts in the Philippines—are working to diversify their customer base to “serve robust demand from the local market.”
“We still have a lot of interest from big players from Macau and junkets from Indonesia and Southeast Asia. That will be an important part of the business, but certainly less focused,” Hurst told the business news outlet.
Eric Bergman talks the possible effect of mergers in the affiliate market
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Eric Bergman talks the possible effect of mergers in the affiliate market
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Dover Downs Gaming & Entertainment, Inc. (DDE) Releases Earnings Results
Dover Downs Gaming & Entertainment, Inc. issued its quarterly earnings results on Thursday. The company reported $0.02 earnings per share for the quarter, Market Beat Ratings reports.
5 Questions with Andrew Klebanow, Steve Gallaway and Bill Bryson
5 Questions with Andrew Klebanow, Steve Gallaway and Bill Bryson
Q&A with Todd Moyer
Q&A with Todd Moyer
Las Vegas Sands woos Oakland Raiders with promise of Vegas domed stadium
Casino operator Las Vegas Sands wants to build a $1b stadium in Las Vegas and they want the Oakland Raiders to call it home.
On Thursday, Sands senior VP Andy Abboud confirmed that the company was spearheading a group of investors looking to build a 65k-seat domed stadium near the University of Nevada, Las Vegas. The complex would host the UNLV football team and possibly an NFL franchise.
The Las Vegas Review-Journal quoted Abboud saying Sands and/or the family of its owner, Sheldon Adelson, would contribute a significant portion of the funding for the public-private partnership. Abboud said Sands would present a formal plan sometime over the next two months to the branch of local government tasked with identifying ways to drive tourism.
On Friday, Raiders owner Mark Davis is scheduled to meet with Adelson and to scout out the 42-acre plot on which Adelson wants to build his stadium. The Raiders were in the running to move to Los Angeles (for the second time) but lost out to the St. Louis Rams (another L.A. fugitive) earlier this month.
SafeCharge highlighting payments convergence at ICE 2016
ICE Totally Gaming is held at London’s Excel from 2nd-5th February. All gaming sectors are catered for including betting, bingo, casino, lottery, mobile, online, social and street gaming
SafeCharge will be demonstrating its payments convergence technology which enables gaming merchants improved conversions, local acquiring options in multiple regions and customised payment solutions based on a solid SaaS platform. Merchants have complete transparency by viewing consolidated transactions, access to financial reports and monitoring fraud prevention in a single back office.
At booth N6-320 SafeCharge will detail its role in the payments ecosystem and guide delegates through the deposit and withdrawal journey of a player by leading them through a specially designed demo pavilion. SafeCharge will highlight its unique technology, demonstrate customised solutions that are currently being operated by leading gaming clients and feature the following on PC, tablet, mobile, point-of-sale platforms:
• Award-winning Cashier solution
SafeCharge highlighting payments convergence at ICE 2016
ICE Totally Gaming is held at London’s Excel from 2nd-5th February. All gaming sectors are catered for including betting, bingo, casino, lottery, mobile, online, social and street gaming
SafeCharge will be demonstrating its payments convergence technology which enables gaming merchants improved conversions, local acquiring options in multiple regions and customised payment solutions based on a solid SaaS platform. Merchants have complete transparency by viewing consolidated transactions, access to financial reports and monitoring fraud prevention in a single back office.
At booth N6-320 SafeCharge will detail its role in the payments ecosystem and guide delegates through the deposit and withdrawal journey of a player by leading them through a specially designed demo pavilion. SafeCharge will highlight its unique technology, demonstrate customised solutions that are currently being operated by leading gaming clients and feature the following on PC, tablet, mobile, point-of-sale platforms:
• Award-winning Cashier solution
No big winners in Wednesday's lottery drawings
The Louisiana Lottery Corporation says nobody won the two major jackpots in the Louisiana Lotto and multistate Powerball drawings on Wednesday night.
1960Bet and NairaBET become the first African operators live with the ₦1,000,000,000 Colossus
COLOSSUS BETS, home of the world’s biggest football and sports jackpots, today announced that its products, including the flagship Pick 7 Colossus, have gone live in Africa with Nigerian-based operators 1960Bet and NairaBET.
Bernard Marantelli, founder and CEO of Colossus Bets said: “We are delighted to be live with two of the premier betting brands in Africa’s most populous country. As a localised Nigerian product our headline weekly Colossus pool will be presented as the ₦1,000,000,000 Colossus (one billion Nigerian Naira), making it by some distance Africa’s biggest bet.”
“With partners now live in 3 continents, soon to be 4, betting firms everywhere are realising the massive potential of lottery-sized sports betting pools, together with the hugely engaging partial cash-out feature which we have developed and patented.”
Dotun Ajegbile, founder and CEO of 1960Bet said: “Our players are passionate about European football and with partial cash-out and global liquidity, this product is a great fit for the African market. Now that we are live with Colossus pools on-line we look forward to extending the offer to our retail estate and in time we look forward to being able to offer Colossus pools on African football competitions.”
1960Bet and NairaBET become the first African operators live with the ₦1,000,000,000 Colossus
COLOSSUS BETS, home of the world’s biggest football and sports jackpots, today announced that its products, including the flagship Pick 7 Colossus, have gone live in Africa with Nigerian-based operators 1960Bet and NairaBET.
Bernard Marantelli, founder and CEO of Colossus Bets said: “We are delighted to be live with two of the premier betting brands in Africa’s most populous country. As a localised Nigerian product our headline weekly Colossus pool will be presented as the ₦1,000,000,000 Colossus (one billion Nigerian Naira), making it by some distance Africa’s biggest bet.”
“With partners now live in 3 continents, soon to be 4, betting firms everywhere are realising the massive potential of lottery-sized sports betting pools, together with the hugely engaging partial cash-out feature which we have developed and patented.”
Dotun Ajegbile, founder and CEO of 1960Bet said: “Our players are passionate about European football and with partial cash-out and global liquidity, this product is a great fit for the African market. Now that we are live with Colossus pools on-line we look forward to extending the offer to our retail estate and in time we look forward to being able to offer Colossus pools on African football competitions.”
Nevada casinos seek gamblers from India
Nevada casinos are pushing to make India a major source of tourist arrivals.
The Nevada Division of Tourism says India is currently in the top-10 countries from which Vegas visitors descend but the state is determined to elevate India into the top-five. Nevada began a similar push to attract Chinese travelers a dozen years ago, and China has since attained the desired top-five status.
The state welcomed 63k tourists from India in 2014, 33% more than the previous year. That’s around 10% of the Indians who visit the US each year. An estimated 50m Indian citizens currently hold passports.
Nevada opened a representative office in India last October and Division of Tourism chairman Mark Hutchinson – who’s also the state’s Lt. Governor – is currently in New Delhi to attend the SATTE 2016 travel trade show.
Nevada casinos seek gamblers from India
Nevada casinos are pushing to make India a major source of tourist arrivals.
The Nevada Division of Tourism says India is currently in the top-10 countries from which Vegas visitors descend but the state is determined to elevate India into the top-five. Nevada began a similar push to attract Chinese travelers a dozen years ago, and China has since attained the desired top-five status.
The state welcomed 63k tourists from India in 2014, 33% more than the previous year. That’s around 10% of the Indians who visit the US each year. An estimated 50m Indian citizens currently hold passports.
Nevada opened a representative office in India last October and Division of Tourism chairman Mark Hutchinson – who’s also the state’s Lt. Governor – is currently in New Delhi to attend the SATTE 2016 travel trade show.
Dutch Regulator Questions Viability of Higher Online Gaming Tax
This is a guest contribution by Willem van Oort, founder of Gaming in Holland. If you would like to submit a contribution please contact Bill Beatty for submission details. Thank you.
On Friday, January 22, 2016, prominent Dutch law firm Kalff Katz & Franssen hosted its Annual Gaming Industry Event. The 2016 edition was co-hosted with the International Masters of Gaming Law. With over 150 attendees from all over the world representing the online and land-based gaming industry, as well as consultants, regulators, and policy makers, the event was a huge success.
In light of recent amendments to the Dutch remote gaming bill to implement a uniform tax rate of 29%, this year’s Annual Gaming Industry Event naturally focused on taxation and enforcement with regard to remote gaming in the Netherlands. Speakers included MP Jeroen van Wijngaarden, Marja Appelman, CEO at the Netherlands Gaming Authority, and Dr. Jörg Hofmann, senior partner at Melchers Law and former president of the IMGL.
Click here to watch a video summary of the event.
Dutch Regulator Questions Viability of Higher Online Gaming Tax
This is a guest contribution by Willem van Oort, founder of Gaming in Holland. If you would like to submit a contribution please contact Bill Beatty for submission details. Thank you.
On Friday, January 22, 2016, prominent Dutch law firm Kalff Katz & Franssen hosted its Annual Gaming Industry Event. The 2016 edition was co-hosted with the International Masters of Gaming Law. With over 150 attendees from all over the world representing the online and land-based gaming industry, as well as consultants, regulators, and policy makers, the event was a huge success.
In light of recent amendments to the Dutch remote gaming bill to implement a uniform tax rate of 29%, this year’s Annual Gaming Industry Event naturally focused on taxation and enforcement with regard to remote gaming in the Netherlands. Speakers included MP Jeroen van Wijngaarden, Marja Appelman, CEO at the Netherlands Gaming Authority, and Dr. Jörg Hofmann, senior partner at Melchers Law and former president of the IMGL.
Click here to watch a video summary of the event.