Monthly Archives: March 2017

NRL bans Aussie bookmakers from offering novelty bets

Australia’s National Rugby League has ordered bookmakers to stop offering certain exotic wagers following a scandal involving a player caught betting on NRL matches.

Last month, the NRL launched an investigation into whether Wests Tiger center Tim Simona had placed wagers on opposing players scoring tries against him. While a police investigation determined that the affair didn’t warrant criminal charges, Simona (pictured) could face a lifetime ban from the NRL should the league decide to make an example to discourage future PR damage.

This week, the NRL claimed it had sent Australian bookies a notice in December requiring them to scrap a variety of novelty betting options, including head-to-head player wagers, most runs, most meters, most tackles and betting on 40-20 kicks. The NRL also banned all wagering on its under-20s division.

However, the NRL said it has no plans to ban betting on first-try scorer, which is the second most popular form of NRL betting after team head-to-head wagers. A league spokesman told the Australian Associated Press that the focus was on “more subjective things. Stuff that could be manipulated easier than other bets.”

JP McManus loses battle to claim $5.2M tax refund from US

A federal judge in the United States has rejected Irish horseracing figure JP McManus’s bid to recover the $5.22 million that he claimed the U.S. government withheld as tax from his backgammon winnings.

Last Friday, U.S. Court of Federal Claims Judge Nancy Firestone denied the Irish businessman’s request to order the Internal Revenue Service (IRS) to hand over the money that his fellow player, Israeli-born investor Alec Gores, withheld and paid the tax agency to cover potential income tax liabilities, according to the Irish Times.

The story went like this: McManus won the money in 2012, but he claimed that Gores mistakenly sent $5.22 million to the IRS as withholding. So the businessman filed a non-resident U.S. federal income tax return, in which he emphasized that he is entitled to a refund because of a tax treaty between the U.S. and Ireland.

Fast forward to 2014, when Forbes reported that the IRS had already approved the Irish man’s refund claim in August 2013. But the claim was remanded to another department for review, and then silence. So with the IRS failing to act on the claim, McManus resorted to a lawsuit.

CA Rundown March 1

In this episode of the CalvinAyre.com Rundown, Stephanie Raquel brings you the top industry news and the latest on A.L.G.A Rescue plan, Bazzov on trial,  Galaxy revenue rise. 

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SIS and the Irish Greyhound Board add Tralee fixture

Wednesday 1st March, 2017 – SIS, a trusted partner to the retail and online betting markets, and the Irish Greyhound Board have announced an additional fixture to be broadcast during Saturday mornings from Tralee greyhound stadium.

The new fixture will be available to UK and Irish betting shops, and online operators as part of SIS’s exclusive streaming portfolio.

Commencing on March 4th 2017, the meeting will consist of eight races with the first starting at 9.11am. Later races will dovetail the SIS existing retail shop greyhound coverage from Crayford and Romford.

SIS already own exclusive rights to broadcast three fixtures in Ireland, with current offerings from Youghal on Monday evenings, Mullingar on Sunday afternoons and a second fixture at Tralee on Tuesday evenings.

SIS and the Irish Greyhound Board add Tralee fixture

Wednesday 1st March, 2017 – SIS, a trusted partner to the retail and online betting markets, and the Irish Greyhound Board have announced an additional fixture to be broadcast during Saturday mornings from Tralee greyhound stadium.

The new fixture will be available to UK and Irish betting shops, and online operators as part of SIS’s exclusive streaming portfolio.

Commencing on March 4th 2017, the meeting will consist of eight races with the first starting at 9.11am. Later races will dovetail the SIS existing retail shop greyhound coverage from Crayford and Romford.

SIS already own exclusive rights to broadcast three fixtures in Ireland, with current offerings from Youghal on Monday evenings, Mullingar on Sunday afternoons and a second fixture at Tralee on Tuesday evenings.

Popular Genesis Gaming title “Mirror Magic” now available via Quickfire

London, UK — March 1st, 2017

Genesis Gaming is excited to announce the release of its popular title Mirror Magic on the Quickfire Network. Utilising our paytable shifting Mirrored Pays mechanic, Royals magically transform to become high paying Pic symbols in this HTML5, 25 line game. The story of this innovative game mechanic is told through a magical rags to riches tale featuring Victorian-era paupers who are revealed to be medieval nobility.

Mirror Magic draws players into its world through superb gameplay, a brooding atmosphere, haunting music, and immersive background effects. When three or more Gypsy Sorceress Scatters appear, the player will be rewarded up to twenty free spins featuring Mirrored Pays, where low paying Royals pay like their paytable mirrors, yet high paying Pics still pay high. The poor beggars and servants transform to reveal their true identity and pay like royalty.

“Mirror Magic is a very exciting and entertaining game, with so much anticipation in the Mirrored Pays free spins feature where players will be on the lookout for and eagerly awaiting some high paying winning combinations” said James Watson, Director of European Sales for Genesis Gaming. “This game suits both the true gambler and the casual, entertainment driven player, and we can’t wait for it to go live.”

Popular Genesis Gaming title “Mirror Magic” now available via Quickfire

London, UK — March 1st, 2017

Genesis Gaming is excited to announce the release of its popular title Mirror Magic on the Quickfire Network. Utilising our paytable shifting Mirrored Pays mechanic, Royals magically transform to become high paying Pic symbols in this HTML5, 25 line game. The story of this innovative game mechanic is told through a magical rags to riches tale featuring Victorian-era paupers who are revealed to be medieval nobility.

Mirror Magic draws players into its world through superb gameplay, a brooding atmosphere, haunting music, and immersive background effects. When three or more Gypsy Sorceress Scatters appear, the player will be rewarded up to twenty free spins featuring Mirrored Pays, where low paying Royals pay like their paytable mirrors, yet high paying Pics still pay high. The poor beggars and servants transform to reveal their true identity and pay like royalty.

“Mirror Magic is a very exciting and entertaining game, with so much anticipation in the Mirrored Pays free spins feature where players will be on the lookout for and eagerly awaiting some high paying winning combinations” said James Watson, Director of European Sales for Genesis Gaming. “This game suits both the true gambler and the casual, entertainment driven player, and we can’t wait for it to go live.”

Macau February GGR up 17.8%, beats analyst expectations

Macau’s casino gross gaming revenue (GGR) in February 2017 surged by as much as 17.8 percent, beating investment analyst expectations.

Data from city’s Gaming Inspection and Coordination Bureau shows that Macau posted a solid MOP22.99 billion (US$2.88 billion) GGR in February – the highest since January 2015, when the aggregate for such revenue was MOP23.84 billion (US$2.98 billion).

On the other hand, Macau’s GGR tally in the first two months of the year expanded by 10.6 percent to MOP42.25 billion (US$5.28 billion). The positive February data also extends Macau gaming industry’s recovery to a sixth month as the Chinese gambling hub continues its efforts to reinvent itself.

Most investment analysts, who relied on unofficial industry returns in gauging the GGR, estimated that Macau’s February GGR will be in between 5 percent and 9 percent.

Macau February GGR up 17.8%, beats analyst expectations

Macau’s casino gross gaming revenue (GGR) in February 2017 surged by as much as 17.8 percent, beating investment analyst expectations.

Data from city’s Gaming Inspection and Coordination Bureau shows that Macau posted a solid MOP22.99 billion (US$2.88 billion) GGR in February – the highest since January 2015, when the aggregate for such revenue was MOP23.84 billion (US$2.98 billion).

On the other hand, Macau’s GGR tally in the first two months of the year expanded by 10.6 percent to MOP42.25 billion (US$5.28 billion). The positive February data also extends Macau gaming industry’s recovery to a sixth month as the Chinese gambling hub continues its efforts to reinvent itself.

Most investment analysts, who relied on unofficial industry returns in gauging the GGR, estimated that Macau’s February GGR will be in between 5 percent and 9 percent.

VIGE2017 is set to host 45 speakers during the 3 days of the show in 11 panels, announces 1440 hours of networking

Wednesday, 1st of March 2017 – With just over 18 days to go, the organizers have released the full agenda to an event which promises you some of the most informative panels ever held in the Central European region. Top speakers of the industry will line up and discuss the trends and hot topics of the online and land based gambling industry with some regulatory update panels and responsible gambling panels.

The online version of the full agenda can be viewed on the following link, please check back for updates.

As the organizers informed us in their Press Releases, VIGE Seminars will run in parallel with the exhibition and will be located on the same floor to maximize your networking opportunities without having to leave the area. The Seminars are planned for all 3 days (20-22) and you can still benefit of the Early Bird Rate of €300 until the 10th of March.

Below you will find the full program with the topics and the speakers as they will be presented during Vienna International Gaming Expo 2017.]

BTCC chief expects bitcoin’s price to reach $11K in 2020

Bitcoin has yet to show any sign of dropping below its all-time highs, and if executives are to be believed, this trend will continue until 2020.

By that time, BTC China co-founder and CEO Bobby Lee expects the price of the popular digital currency to reach between $5,000 and $11,000. Lee, who frequently makes predictions about the bitcoin, tweeted early this week: “Bitcoin price target in 2020; after block halving: USD $5l-$11k assuming $5-$10 million daily flow into #BTC by then. (Today: $2m daily in).”

The entrepreneur also made a note that his “medium-term” price target for the digital currency is $5,600, which, incidentally, is also the number of his followers on Twitter. However, Lee pointed out that bitcoin’s daily inflow, currently between $5 million and $10 million, isn’t a lot, especially when compared to gold’s inflow of $340 million a day.

Lee’s bitcoin price predictions comes several days after BTC China, considered one of China’s ‘Big 3’ bitcoin exchanges, extended the suspension of bitcoin and litecoin withdrawals until March 15 while it upgrades its internal system and comply with the requirements recently set by the People’s Bank of China.

Cybersecurity: a growing focus for gambling operators

In October 2016, the world has seen the most powerful Distributed Denial of Service (DDoS) attack ever registered in cyber history.

The destructive Mirai botnet has brought down sites including Twitter, the Guardian, Netflix, Reddit, CNN and many others in Europe and the United States after it hit the servers of Dyn, a company that controls much of the internet’s domain name system (DNS) infrastructure.

What makes Mirai botnet different from other botnets – which are typically made up of computers – is that it is largely made up of so-called “internet of things” (IoT) devices such as digital cameras and DVR players.

Experts pointed out that attacks from Mirai are much larger than what most DDoS attacks could previously achieve because it has so many internet-connected devices to choose from.

Poker helps reduce suffering as REG reveals $1.4m in 2016 donations

Raising for Effective Giving release their third annual transparency report showing the poker community donated over $1.4m to charities against operating expenditure of $86,744.

The UK’s decision to leave the European Union (EU) and the election of Donald Trump have proven the importance of where we place our attention.

Take off your reading glasses, throw that tabloid newspaper into the trash, and turn the TV off.

Focus on this.