Monthly Archives: March 2018

Exodus continues at Paddy Power Betfair with CFO Alex Gersh exit

Alex Gersh is stepping down from his position as chief financial officer of Paddy Power Betfair, the latest in a growing list of departures from the betting giant.

The London Stock Exchange-listed operator confirmed in a brief statement on Monday that Gersh notified the Paddy Power Betfair board of his plans to leave the group “once a successor has been appointed.”

The betting operator has already tapped an executive search firm to help with the process of appointing Gersh’s replacement.

Gersh, a former executive at digital payment services provider NDS Cisco, joined Betfair in 2012 shortly after Breon Corcoran became the bookmaker’s chief executive. Gersh was instrumental in transforming Betfair’s corporate strategy. The finance chief worked with Corcoran to redevelop and reposition the bookmaker’s products, and was also a key stakeholder in the £5.5 billion merger with Paddy Power in 2015.

SoftGamings now offers Quickspin products via single integration

06 MARCH 2018, VALETTA/MALTA, RIGA/LATVIA: Softgamings, an online casino platform provider and gaming systems aggregator, has finished integration of Quickspin’s products into SoftGamings platform. From now on, casino operators will be able to add top-quality video-slots to their casino environments.

Within the framework of this cooperation, SoftGamings and Quickspin plan to increase the performance of Quickspin products and diversify player experience.

Svetlana Gasel, Head of Partnerships at SoftGamings, provided feedback on the cooperation: “Quickspin is among the best gaming providers in the industry. This is the case when quality prevails over quantity and it is right. Quickspin’s 30+ video-slots will satisfy our clients and I’m sure the company will keep on working and producing more great products.”

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Women in Poker Hall of Fame: I fancy Tilly, Scott, Ho and Hintze

Nominations for the Women in Poker Hall of Fame Class of 2018 are open to the general public, and I vouch for Jennifer Tilly, Kara Scott, Maria Ho and Haley Hintze.

Jordan Peterson is becoming one of the most talked about people in the world, right now. Then again, I doubt the podcast noise that creates my worldview, is the view of the world. He would make a cracking Count Dracula, but that’s irrelevant.

His interview with the Channel 4 journalist Cathy Freeman has been viewed 7.8m times with 227k thumbs up and only 6k thumbs down. It’s a car crash with Freeman hellbent on imposing her view that he pisses on the matriarchy – a move that led to death threats by some viewers who have apparently gone mad eating too many tins of butter beans.

For me, the interview showed one thing.

2018 Aussie Millions success confirms series’ position as tourney leader

It’s now official. The Aussie Millions series of tournaments is taking the lead as the favorite event among poker enthusiasts. This year’s Aussie Millions went out with a bang with a total of 7,746 entries in all of the tournaments. An all-time high of 800 entrants descended on Melbourne to participate in the Main Event, which has become the most prestigious series of tournaments in the southern hemisphere.

Over $16 million in prize money was handed out to winners and to those that made it to the cash. Twenty six championship events were held, and saw action from some of the most visible players in the history of the game. Feder Holz, San Greenwood, Martin Jacobson, Kristen Bicknell, and Matt Salsberg were just a few of the big names that went after titles during the series.

The biggest draw took place with the Aussie Millions Main Event. The tournament has been held at the Crown Casino since 1998 when it only cost $1,000 for the buy-in and saw 74 players taking to the felt for the chance to win a piece of the prize pool. Alex Horowitz won that debut, pocketing around $20,000.

Fast forward to 2018. Twenty years later, the prize pool sat at $6.2 million, with the winner taking home a purse worth almost $1.4 million. It would become the largest prize pool in the history of the series, and first place would eventually go to Toby Lewis. The 28-year-old British player won $1.17 million and a custom diamond-laced gold bracelet.

NBA’s 1% demand of sports bets could doom the industry before it gets going

While everyone waits, rather impatiently, to see if the Supreme Court will reverse the Professional and Amateur Sports Protection Act of 1992 (PASPA), there has been an ever-increasing level of state interest to participate in the multi-billion-dollar industry.

Several states are ready to pull the trigger on platforms that will open the doors to sports gambling operations if PASPA is repealed. The states, however, aren’t the only ones wanting to get in on the game. Both the NBA and the MLB have demanded 1% of all wagers, and that decision could kill the industry before it even gets warmed up.

According to Jeff Ma, VP of analytics for Twitter, the sports league’s view is short-sighted and could ultimately hinder gamblers from switching from illegal gambling houses and offshore markets to the legal ones. This idea is spawned from the idea that gamblers won’t be willing to give up 1% of their money just to appease the leagues. Many feel Ma could be correct, and a recent poll of New Yorkers showed that almost 70% were opposed to the 1% demand.

Ma isn’t just another fly-by-night analyst. In case the name doesn’t ring a bell, Ma is the man behind the MIT blackjack team that won millions counting cards before being caught. His story was turned into a book, Bringing Down the House, and then a movie, 21, starring Kevin Spacey. He knows sports leagues like Jeff Bezos knows retail. He has held positions as a consultant for both the Portland Trail Blazers and the San Francisco 49ers.

Gambling and the Law: SCOTUS in the PASPA sausage factory

The post originally appears on http://www.gamblingandthelaw.com/ and we republished with permission.

“Laws are like sausages. It’s better not to see them being made.” Otto von Bismarck

On December 4, 2017, the Supreme Court of the United States heard oral arguments in the New Jersey sports betting case. Almost every Justice was actively involved in the questioning, which touched upon everything from obscure statutory interpretation to the importance of states not controlled by the federal government.

The case revolves around a statute, the federal Professional and Amateur Sports Protection Act, which is unlike any other act of Congress passed before or since. Worse, New Jersey’s attempt to get around PASPA involved its State Legislature passing a law that no other state had ever even considered.

Gamanza and Lotto Warehouse shake hands on new deal

The Malta-based B2B company is quickly establishing itself as a leader in providing lottery betting solutions to the gaming industry.

Lotto Warehouse are proud to announce a new partnership with the Gamanza Group.

Gamanza are a leading B2B provider, who offer solutions for a number of gaming verticals, including Social Betting and Games. The new partnership with Lotto Warehouse will allow them to boost their plug and play lottery solution.

The company are active across the world and have teams based in Malta, Slovenia, Serbia, Sweden and Austria.

Magnet Gaming goes live in Gibraltar

Provider’s full portfolio of titles available to operators

Denmark, March 2018– Innovative slots provider Magnet Gaming has gone live in Gibraltar as it continues to extend its reach into new jurisdictions.

Designed to work seamlessly on desktop and mobile devices, Magnet’s full portfolio of games, which feature high-end graphics and immersive sounds, are now available to online casinos operating under Gibraltar licence.

Titles such as Railroad Express, Lucky Dice, Fish Tank and Auction Day, as well as dozens of others, will go live in the market under a Gibraltar license sheltering from Nektan.

‘Molly’s Game’ Misses the Flop at Oscars, Loses to ‘Call Me by Your Name’ for Best Adapted Screenplay

In what has become a politically-charged awards ceremony emblematic of the liberal Hollywood elite, it’s no surprise that a poker flick lost out at the 2018 Academy Awards, to a […]

The post ‘Molly’s Game’ Misses the Flop at Oscars, Loses to ‘Call Me by Your Name’ for Best Adapted Screenplay appeared first on .

The new marketing and how it eluded the Poker Players Alliance

With the Poker Player’s Alliance needing to raise $25k by the end of the month just to survive, Lee Davy shares his opinion on where things may have gone wrong for the institution that’s been lobbying for poker players rights since 2005.

“Hi, my name is Frank, how can I help you?”

Frank, is a Canadian who works in the philanthropy business convincing people to give him chunks of cash so he can use it to be James Bond.

We were sitting next to each other at the Effective Altruism (EA) Summit in San Francisco waiting for the Hollywood actor, Joseph Gordon-Levitt to take the stage.

God strikes a bolt at partypoker servers for not going to church on a Sunday

partypoker suffered the embarrassment of a critical server error in the middle of what should have been one of the most talked about Sunday’s in the online poker room’s modern era, dividing the poker community, and tarnishing the company brand.

As I watched the new partypoker LIVE advert on YouTube, promising the world, I looked at Philipp Gruissem and couldn’t picture a more perfect looking German.

I never did German in school. It was French and Welsh for me. But I do know one German word, and I see it used all over the poker community, today.

Schadenfreude.