Monthly Archives: July 2017

Report: Caesars to run ASF’s Gold Coast casino operations

US casino operator Caesars Entertainment has reportedly firmed up plans to manage gaming operations at a proposed Australian casino.

Earlier this month, Australian media reported that Caesars was among the casino operators vying to run gaming operations at the ASF Consortium’s in-development integrated resort project in the state of Queensland’s Gold Coast region.

While those reports were deemed preliminary by a director of the Chinese-controlled ASF, The Australian reported on Saturday that Caesars had signed an agreement with ASF to advance due diligence and commercial terms on managing the proposed A$3b resort’s casino operations.

Neither Caesars nor ASF has publicly commented on the report. Caesars has been keen to establish some presence in the Asia-Pacific market after missing out on the chance to operate in Macau over a decade ago, while ASF is keen to show that its Gold Coast project is more than just a paper tiger.

FanDuel shut UK daily fantasy sports site to focus on US market

Daily fantasy sports operator FanDuel has shut its UK-facing site after less than a year to better focus on its core US market.

On Friday, customers of FanDuel.co.uk reported receiving emails informing them that the company “will not be offering contests in the UK this season.” The operator suggested its Brexit might not be permanent, claiming it was “on hiatus for the 2017/2018 season” but hopes to “be back in the future, bringing you more of the games you love.”

FanDuel received its UK Gambling Commission license in July 2016, and its UK-facing site launched the following month. Archrival DraftKings launched its UK site earlier that year, while Yahoo threw its hat into the UK ring last December.

FanDuel said its UK fantasy football customers had won “almost £1m” in its first year of operations, a rather paltry sum that confirms the company’s inability to attract the same type of volume it has enjoyed in the US market. The jury remains out on whether DFS holds much appeal in markets like the UK, where punters have unfettered access to real-money, single-game sports betting.