PokerStars has become the first poker site licensed to share player pools between France and Spain, as of Tuesday, Jan. 16. Poker players in these countries on the world’s largest […]
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South Asian casino operator Delta Corp’s latest earnings report was downright gaudy, leading giddy investors to push the company’s share price to record heights.
On Monday, Delta Corp released its fiscal Q3 results covering the three months ending December 31, 2017. The company’s net revenue totaled Rs1.62b (US $25.3m), a gain of 57% over Q4 2016. Pre-tax profits more than quadrupled to Rs669m while after-tax profit shot up a similarly vulgar percentage to Rs447m.
The triple-digit gains were enough for investors to propel Delta’s shares to record heights. The stock closed out Tuesday’s trading up 3.6% to Rs 329.5. Delta’s shares have now risen by more than one-quarter in just the past month.
Breaking down the revenue by section, gaming operations reported gross revenue of Rs 1.56b, up 73% year-on-year. The gains are at least partially due to last year’s launch of the new Casino Deltin Denzong in the state of Sikkim. Hospitality and other revenue improved 28% to Rs232m.
The Kentucky Horse Racing Commission will soon consider changes to the voided claim rule after its rules committee recommended updates to the standard.
The 2018 World Series of Poker Circuit Choctaw Durant Main Event attracted 1,249 entries, which created a $1,873,500 prize pool. After three days of play, 33-year-old poker player turned hedge […]
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The colt was born Jan. 13 at Millennium Farms for breeder Toby Keith.
The 2018 Magic Millions Gold Coast yearling sale was declared the best in the sales company’s history Jan. 16, as records tumbled across the board after a spectacular six days of selling.
The new management team overseeing Spanish gaming operator Codere has poured cold water on a potential merger with local rival Cirsa in order to focus on boosting Codere’s digital division.
In November, rumors swirled that Codere and Cirsa were mulling some kind of union. Both companies have a significant land-based and online presence in their home market and in many Latin American markets. At the time, the privately held Cirsa was also said to be mulling an initial public offering or the sale of a minority stake to parties unknown.
On Tuesday, Spanish media outlet El Economista reported that Codere’s recently installed new senior management team had ruled out growing via mergers or acquisitions for at least “the next few years.” Codere’s new chairman Norman Sorensen and CEO Vicente di Loreto (pictured) are also reportedly “not interested in participating in Cirsa’s open sale process.”
However, Codere’s new brain trust are interested in chipping away at Cirsa’s market share, both at home and abroad, particularly in the digital sector. Codere reportedly plans to take the next two or three months to map out a new online-focused strategy, to which the company will devote 20-25% of gross profits.
A listing of upcoming open houses and stallion shows.
Tuesday and Wednesday should be a magical couple of nights on “Poker After Dark,” with Antonio Esfandiari headlining this week’s episodes of the high-stakes cash game livestreamed on the subscription […]
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The Stars Group’s flagship PokerStars brand has become the first operator to offer shared liquidity between its French- and Spanish-licensed sites.
Just one day after Spain published its liquidity-sharing rules in the Official State Gazette, PokerStars announced that its PokerStars.es and PokerStars.fr players could now match wits and bankrolls across their shared national border.
Stars Interactive Group CEOO Guy Templer called the new shared reality “great for players and great for the poker category.” Templer praised gaming regulators in France and Spain for doing “an excellent job in enabling a dramatic improvement in the gaming experience in their jurisdictions.”
France, Spain, Italy and Portugal inked a four-way liquidity sharing deal last summer, and PokerStars received the go-ahead from French gaming regulator ARJEL last month. PokerStars is the leading poker operator in Spain and second only to local outfit Winamax in France’s regulated online gambling market.
Not only does the Barretts January mixed sale offer opportunities to purchase breeding stock, yearlings, 2-year-olds, and other racing prospects, this year it will feature several ways people can help victims of the San Luis Rey fire.
Macau casino VIP gambling revenue growth outpaced overall casino gaming revenue growth in 2017, despite a mild VIP slowdown in the year’s final quarter.
Figures released Tuesday by Macau’s Gaming Inspection and Coordination Bureau (DICJ) showed casino gaming revenue hitting MOP 72.36b (US $9b) in the final three months of 2017. Of this sum, VIP gaming claimed MOP 40.6b, its highest quarterly total last year, and nearly 22% higher than Q4 2016.
However, Q4’s VIP growth rate was significantly below Q3’s 35%, which Union Gaming analysts partially chalked up to a lower than normal win rate in the month of December. Still, VIP’s share of Q4’s overall casino pie nudged up one point to 56.2%.
For FY17, VIP revenue improved 26.7% to MOP 150.7b, outpacing the 19.5% growth reported by the overall casino market last year. VIP baccarat accounted for 56.7% of 2017’s overall casino revenue, 1.7 points higher than last year.
Based on the 2018 opening-day purse structure, the bonus will range from $1,200 for Oaklawn’s minimum purse of $20,000 to $60,000 for the $1 million Arkansas Derby (G1) on closing day, April 14.
Horse Country, Inc. is proud to announce its newest nonprofit member: the Kentucky Equine Humane Center.
Colt born in New York; a filly at Millennium Farms in Kentucky Jan. 14.
Multiple grade 1 winner Lady Eli has been retired from racing and will be bred to War Front in 2018, owners Sol Kumin and Jay Hanley announced Jan. 16.
Not only does the Barretts January mixed sale offer opportunities to purchase breeding stock, yearlings, 2-year-olds, and other racing prospects, this year it will feature several ways people can help victims of the San Luis Rey fire.
Best-performing online bingo slot game first-of-many to enter retail following group-wide development
London: January 16th, 2018 – Playtech, the world’s leading Omni-channel gaming software, systems and services supplier, has launched its iconic Clover Rollover game across 128 Gala Bingo UK-wide retail sites.
Clover Rollover is a five-reel, five-payline slot boasting colourful graphics and a timeless Irish-luck theme. The iconic game is instantly recognisable in the online bingo world, having enjoyed more than a decade as Playtech’s top performing bingo slot.
The development of the game into retail further showcases the strength and breadth of Playtech’s pioneering Playtech ONE Omni-channel strategy, supported by close collaboration between the supplier’s best-in-class, UK-based bingo and retail divisions including Playtech Bingo, ECM and Psiclone Games.
Punters in India will only be allowed to make at least three bets online a year if the Law Commission gets its way.
The Tribune reported that India’s Law Commission, an executive body whose major function is to work for legal reform, has prepared a “working paper” outlining the series of regulations aimed at curbing illegal online betting in the country. The document has reportedly been submitted to its members and is up for deliberation in the coming weeks.
A senior functionary of the commission, who requested to remain anonymous, told the news outlet that one of the most stringent regulations that the Law Commission proposed was to limit the number of online bets that an individual can make in a year to three times.
Since they couldn’t ban online betting in India, the functionary pointed out that proposing an online betting cap was the closest thing they could get to prohibition.
More Tasmanians prefer to gamble online than play pokies in pubs and clubs, according to the latest study conducted by the State’s Department of Treasury and Finance.
Citing the government’s Social and Economic Impact Study (SEIS), ABC News reported that poker machine use in Tasmania has declined 27 percent over the past decade while online gambling has increased by more than 54 percent.
State researchers said that one out of 10 Tasmanian adults had experience gambling online, and most of them played using their mobile phones. They also found that regular gambling is prevalent among Australian-born males who earn between AUD80,000 ($63,603.20) and AUD119,999 ($95404) annually.
The average money that Tasmanians gambled in 2017 was AUD950 ($755.29), according to the research, which also pointed out that problem gamblers were now a “tiny proportion of the Tasmanian population.”