Monthly Archives: June 2018

Ex-Amaya CEO David Baazov beats insider trading charges

Insider trading charges against former Amaya Gaming CEO David Baazov have been tossed more than two years they were originally filed due to proseuctorial bungling.

On Wednesday, Court of Quebec Judge Salvatore Mascia stayed all charges against Baazov, former Amaya exec Benjamin Ahdoot and Baazov’s friend and financial advisor Yoel Altman, citing the inept prosecution of Quebec securities regulator the Autorité des marches financiers (AMF).

The AMF brought 23 charges against the trio in March 2016 due to a series of questionable share trades surrounding Amaya business transactions, including the $4.9b purchase of the Rational Group, the parent company of PokerStars, in 2014.

The AMF claimed to have the goods on Baazov but the investigation quickly turned into a Keystone Cops affair, with the AMF admitting early on that it had failed to secure crucial phone data. The AMF dragged its heels in disclosing evidence to Baazov’s defense attorneys, then buried them in millions of files shortly before the trial was originally supposed to proceed.

Scout Gaming enters into agreement with Bravio Technologies

Scout Gaming Group has entered into an agreement with Bravio Technologies to deliver the company’s Daily Fantasy Sports platform.

By entering into this agreement, the Scout Gaming platform including Daily Fantasy Sports and Pooled Betting games will become available to mobile phone subscribers throughout the Pan-Asian region. Initially, a Free-2-Play Tipping game will be rolled out in time for the World Cup available to users in an isolated market. This Free-2-Play game will be used to measure reach and engagement before releasing a monetized, based on direct billing, version.

Following the World Cup, the parties plan to release a simplified version of Scout’s DFS game to the Malaysian market in time for start of the Malaysian Cup.Given that the initial projects are successful, the aim is to roll out Scout’s full version Daily Fantasy product across the Pan-Asian region in time for the English Premier League season 18/19, as well sports and competitions such as the Malaysian Super League 2019 season.

Bravio Technologies through its joint ownership of Mobimedia International are technology businesses operating in the global market place with a vast customer base reach of 1 billion mobile subscribers through their contracts with telecommunication companies.

QTech Games turns to Betradar for a timely partnership

Fast-moving distributor integrates full product suite from sports content specialist

7th June, 2018 – QTech Games, Asia’s fastest-growing games distributor, has just announced a new deal to integrate Betradar’s product portfolio, featuring virtual sports, eSports and a full data suite.

Betradar has recently diversified its product range from data and integrity services into more customer-facing product sets, and QTech Games’ formidable Asian reach has been chosen as the

perfect platform with which to launch the content specialist’s expanding offering onto a wider stage.

3 Barrels: Moorman captures Wynn title; Perkins writing a book; Hall done?

3: Barrels of different spices including Chris Moorman winning a title at the Wynn Summer Classic, Bill Perkins writing a book on why people are wasting their lives, and Cate Hall pondering life without poker.

He signed my first book.

He didn’t sign my second one.

It’s not the reason I took it over to the coffee shop and left it snuggled between Phil Hellmuth’s autobiography and one of Jonathan Little’s volumes upon volumes.

888Live Barcelona: the love behind 8-Team promotion

Less coverage and more thought from 888Live Barcelona as Lee Davy ponders the efficacy of 888Poker’s World Series of Poker promotion: The 8-Team.

I caught the thing in my hand, opened it, and there was nothing but blood. A lot of blood. I thought it was a fly. Later, I would see another one in the shower, chilling on the wall, listening to the people next door getting it on.

I squished it.

More blood.

India’s Poker Sports League partners with DSports; Kundra in bitcoin scandal

Two stories with the flavour of India as the Poker Sports League partners with Discovery Channel Asia-Pacific’s DSports to broadcast the Season 2 finals, and Match Indian Poker League founder, Raj Kundra, is brought in for questioning as part of an investigation into a Bitcoin Ponzi scheme.

Sofia Lovgren told me that Goa is the nuts, which is interesting considering Goan Nuts won Season 2 of India’s Poker Sports League (PSL) in May.

The Swedish star knows that Goa is the nuts because she was handpicked by the Team Manager of Punjabi Bluffers as a wildcard entry and competed in the finals on the Deltin Casino floating in the seas surrounding Goan seashells.

“I was positively surprised by poker in India,” Lovgren tells me over a purple looking cocktail. “There was a great atmosphere; wonderful energy; everyone knew everyone; it was like a home game.”

Affiliate Grand Slam heads to Kiev

With its first foray into Asia done, dusted and an unqualified success, the Affiliate Grand Slam is returning to Europe for its next instalment, which is now scheduled for August 9th – 10th. This time, the marquee event is heading to the cultural and tech hotbed of Kiev.

The Ukrainian capital sits at an intersection that makes it an ideal location for the next leg of Affiliate Grand Slam, which will focus on the European and CIS markets. Kiev is the ideal host city for such a convergence, and its place on the European map will attract exponents from both regional markets and bring them together.

The fundamental formula that defined previous editions of the Affiliate Grand Slam remains: 200 elite affiliates will join a select grouping of operators, capped at six. The event has mastered the balancing act between great, zeitgeist-capturing content and the more leisurely treats that make for a riveting networking environment. This makes the next Affiliate Grand Slam in Kiev the ideal setting to keep up existing relationships in the affiliation space, but also forge entirely new ones.

Affiliate Grand Slam Kiev will include two nights in a 5-star hotel, lavish dinners, outstanding conference-based content and a stylish closing night. Find out more about AGS Kiev here.

India’s biggest cricket bookie singing like a canary after arrest

India’s media continues to salivate over the juicy celebrity details emerging from the recent bust of notorious bookmaker Sonu Jalan.

Last week, police in Maharashtra state arrested Jalan, widely considered India’s biggest illegal cricket bookmaker. The vast number of computers, phones and physical records seized during Jalan’s arrest are providing insights into the scale of his betting operations and the identities of numerous celebrity clients.

On Wednesday, the Hindustan Times quoted a senior official in the Thane Anti-Extortion Cell saying Jalan’s diary indicated that his network of some 50 to 60 betting agents had handled wagers of Rs6b (US$90m) during the recent India Premier League (IPL) season from April 7 to May 27, or roughly Rs100m per match. Interestingly, Jalan reportedly claimed that the Pakistan Super League was a “non-starter” as far as India’s cricket bettors were concerned.

Jalan reportedly told the AEC that his bettors’ winnings were paid out the day after a match, delivered to their homes by local agents or by courier for punters in more distant regions. Indian police are liaising with their counterparts in several other countries to track the flow of money between Jalan’s many customers.

Bart Hanson’s $200K Jackpot Reveals Unfavorable Odds of Finding Redemption through Video Poker

It’s not a World Series bracelet, but it’s a heck of a consolation prize. Poker professional, author, and commentator Bart Hanson hit a video poker Royal Flush Jackpot this week worth […]

The post Bart Hanson’s $200K Jackpot Reveals Unfavorable Odds of Finding Redemption through Video Poker appeared first on .

Paraguay’s gaming regulators put the ‘fun’ in dysfunctional

If there are in fact any adults overseeing Paraguay’s gaming market, they’re currently on a very long coffee break.

On Friday, the new five-year Paraguyan sports betting monopoly of Daruma Sam S.A. will take effect. The controversial concession was confirmed by the National Commission of Games of Chance (Conajzar) in March, following a contentious tender that sparked widespread allegations of political interference and led to the resignation of Conajzar’s former boss.

As of Friday – just in time for the 2018 FIFA World Cup – the provisional licenses of Paraguay’s nine other online and land-based sports betting operators will expire, meaning they will have to either come to some form of cooperative arrangement with Daruma Sam or shut down their local operations.

Daruma Sam’s concession allows it to operate both online and via 200 retail outlets, all of which will operate under its Aposta.la brand. The company will pay 21% tax on its gross revenue, from which the government hopes to earn PGY3.74b (US$653k) per month, based on Conajzar’s estimates of the market’s monthly revenue of PGY17.8m.

Macau casinos fear UnionPay mobile terminal crackdown

Macau officials insist there’s no new crackdown on the use of China UnionPay mobile banking terminals in casinos, despite reports to the contrary.

On Tuesday, analysts at both Sanford C. Bernstein and Morgan Stanley issued separate notes claiming that officials had removed UnionPay terminals from pawnshops located in casinos on Macau’s Cotai region.

The affected casinos were operated by Galaxy Entertainment Group, Melco Resorts & Entertainment and Sands China. Other Cotai operators weren’t affected – there aren’t any pawnshops in Wynn Resorts and MGM China’s Cotai casinos – and casinos on Macau’s peninsula region also weren’t targeted, despite that area being where most of the pawnshops are located.

The removals were reportedly ordered by the local branches of ICBC and Bank of China. Chinese banks have been upgrading their UnionPay hardware to comply with increased know your customer (KYC) demands, which aim to cut down on sketchy transactions in the world’s premier gambling hub. But Morgan Stanley reported Wednesday that many pawnshops are in the dark as to when they might get replacement terminals.