Author Archives: The Daily Payoff

Thailand mulls legalizing casino gambling as anti-COVID strategy

Thailand’s government is finally considering relaxing its longstanding ban on casino gambling as a means of limiting further spread of the COVID-19 coronavirus. 

Last week, Thailand’s Prime Minister Prayut Chan-o-cha authorized the formation of two committees: one to examine the role of human traffickers smuggling migrants into the country, the other to probe how local authorities are investigating cases of illegal gambling. 

Both committees are intended to find ways of limiting further spread of COVID-19, the rates of which have doubled in the past month. Meanwhile, pandemic fears and quarantine requirements have decimated Thailand’s international tourism industry, with predictable effects on the government’s tax revenue. 

Police in Nonthaburi, Thailand’s second-largest city, raided an illegal gambling den last week, while police in the resort town of Pattaya raided another illegal gambling hub in a condominium complex. The gambling committee has been asked to probe whether police turned a blind eye to these and other gambling dens that operate with seeming impunity across the county. 

Headlines Hurt: Concern Grows as Media Push for Tougher UK Gambling Regulations

Parts of the British media have taken a momentary break from sensationalizing COVID-19 to take aim at the gambling industry.

Gamblers in the UK are concerned that media scare stories may negatively impact the industry ahead of legislative changes. (Image: The Times)

As the UK government prepares to update its national Gambling Act, voices from both sides are starting to have their say. However, one side of the debate is currently drowning out the other, according to some members of the community.

The Times newspaper recently led with the headline “We lost £11.8 Million: It’s time to make the betting industry pay.” Horse racing enthusiast Jason Brautigam believes this article could harm the UK gambling industry.

Midweek Premier League Sportsbetting Preview

The latest results in the English Premier League have ruffled the feathers of many clubs, with Liverpool plummeting to 4th place after the latest round of fixtures.  

Can the Merseysiders return to form at home to a stubborn Burnley side and will Manchester United or Manchester City take advantage of their midweek game against Fulham or Aston Villa respectively?  

Let’s take a look at two games in particular and then provide you with a takeaway tip for each Premier League game taking place.  

Leicester City vs. Chelsea (Tuesday, 8.15pm GMT kick-off)  

Sega Sammy early retirement pitch proves enticing for some employees

Last year was hard on Sega Sammy Holding, the Japan-based arcade and pachinko operator. Over the first six months of the year, the company saw a drop in sales of around 33.4% because of the global COVID-19 pandemic and needed ways to stave off a further loss in revenue. It came up with an early retirement scheme for its employees that it expected to do the trick, and the results are in. An overwhelming number of staff members have agreed to retire and start collecting benefits.

Sega Sammy had expected to find around 650 employees willing to take early retirement. That would have been a fairly sizable chunk of the workforce, which included approximately 9,051 full-time and contract workers. All were given the opportunity to participate in the program, provided they announced their intentions in time. 729 employees ultimately signed up, according to a company announcement, by the deadline of December 25 of last year. They will now pack up and go home as of February 28.

In order to prepare for the expenses tied to offering retirement, Sega Sammy had allocated around $96.3 million of its funds. However, despite receiving a larger-than-expected response, the company believes it will only spend around $91.5 million. Because the early retirement scheme begins at the end of next month, the expenses will be reported as extraordinary losses when Sega Sammy closes out its current fiscal year this March. 

The drop in sales is only a temporary setback from which Sega Sammy fully intends to recover. The idea of continuing to offer pachinko machines in Japan might be losing its appeal, especially as regulations become tighter and public interest becomes weaker, and the gambling operator has other ideas in mind. It is currently hoping to get involved in the country’s integrated resort (IR) market once it is up and running. It has already expressed interest in the activity and is using the early retirement plans as a way to reduce expenses in anticipation of future IR involvement. The company asserts, “Voluntary retirement is believed necessary to realize cost reductions focusing on fixed costs and building a more efficient system in order to achieve an early recovery of profits and sustainable growth in the future.”

Larry Flynt wins round against CA in casino ownership fight

Larry Flynt has been called many things over the years and tenacious is most likely a label he carries proudly. The founder of Hustler magazine got into gambling when he began to help launch card rooms in California, but, just like with his pornography empire, ran into trouble. And, also like his risqué magazine, wasn’t willing to back down from his goals. California has a rule about who can own casinos and Flynt wasn’t happy when the state tried to shut him down. He launched a fight against the state several years ago and, despite losing round one, came back throwing punches. This time, he scored a minor victory, and it was time for California to try to enter the ring swinging. Apparently, it missed.

California implemented a law in 1986 that forbids owners of casinos in the state from purchasing casinos across state lines. Flynt is behind the Hustler Casino and the Lady Luck Casino in Gardena, which he operates with Haig Kelegian Sr. and Haig Kelegian Jr. When the junior’s wife purchased a casino in Seattle, Washington, California came knocking on the door, issuing fines to the family for breaking that ownership law.

At some point in the past, the law may have had its merits. It was initially designed to prevent the mafia from taking control of the gambling industry in the U.S., but, for the most part, that logic doesn’t hold up anymore.Flynt, the Kelegians and a team of lawyers went after the state, arguing that its laws were not consistent with federal interstate commerce laws, which are written into the U.S. Constitution.

The judge presiding over the battle, U.S. District Judge John Mendez, agrees. California had tried to have the Flynt lawsuit dismissed; however, is going to let it continue to run, explaining, “If a state statute ‘directly regulates or discriminates against interstate commerce, or … its effect is to favor in-state economic interests over out-of-state interests,’ it is ‘struck down . . . without further inquiry.’ If, however, a state statute ‘regulates evenhandedly’ and ‘has only indirect effects on interstate commerce,’ courts proceed to ask whether those indirect effects ‘impose a significant burden on interstate commerce.’” Flynt has been able to repeatedly make a case for his fight, with court judges agreeing that the continued loss of business is grounds for the challenge to remain active. California assumedly didn’t take into consideration Flynt’s tenacity when it decided to fight him on this issue and the multimillionaire has repeatedly proven that he isn’t willing to back down when he thinks he’s right. This time, once again, it seems he’s finding more legal footing to continue his battle.

Gibraltar not concerned about gambling future post-Brexit

Gibraltar has always been somewhat of the red-headed stepchild for the U.K. Located at the southern end of Spain, the U.K. claims ownership of the territory, but doesn’t want to spend a lot of resources to maintain it. It’s because of this that Gibraltar acts almost completely as an autonomous territory, which has led the way for it to become a favorite among gambling operators. With Brexit approaching last year, the fate of Gibraltar was unknown, but it now looks like the separation of the U.K. from the European Union (EU) may have been one of the best things ever for The Rock. Not only is Gibraltar’s gambling industry expected to grow, but the territory might also be considered a Schengen Area.

As the U.K. and the EU were finalizing their divorce last month, the subject of what would happen to Gibraltar came up. At the last minute, British and Spanish authorities threw together a “political framework” that became the foundation of a Gibraltar-specific treaty between the territory and the EU. That, as things are progressing right now, would establish The Rock as a Schengen Area, adding it to a list of 26 EU countries that allow unfettered movement, tourism and employment. 

That’s pretty big news for a pretty small island and would give Gibraltar a lot of independence. This, according to Andrew Lyman, would be a catalyst for gambling expansion in Gibraltar and would lead to major growth of The Rock’s economy. Lyman is the executive director of the Government of Gibraltar’s Gambling Division and recently shared his predictions with CasinoBeats.

Lyman fully expects Gibraltar’s gaming industry to “grow and thrive” once all the dust settles from Brexit, driven by the acceptance of the territory in the Schengen Area. He explained to CasinoBeats that the inclusion will benefit both Gibraltar and Spain since it would guarantee the “continued shared prosperity between Gibraltar and the ‘campo’ in which some 15,000 workers live in Spain, but work in Gibraltar.”

Fourth Genting UK casino in trouble as Southport could shut down

Genting U.K., a subsidiary of Genting Malaysia Bhd (GenM), is finding the COVID-19 situation extremely problematic. It was forced to shutter its casinos in Bristol, Margate and Torquay, as well as reduce its staffing levels at operations in Birmingham, Blackpool, Edinburgh, Glasgow and London, but is about to add another property to the mix. GenM is being forced to close its Genting Casino Southport in England because of continued issues caused by the coronavirus, and 38 employees are going to need to find new jobs. 

The COVID-19 pandemic has caused problems for casino operators across the globe, but some have been able to survive better than others. GenM isn’t one of those, with the U.K. repeatedly being bombarded by coronavirus issues that seem to be relentless. The original coronavirus has morphed into at least two other variations and they continue to pound away at the U.K. economy. One already forced area casinos to go back on lockdown, exacerbating an already precarious situation. 

GenM said in a press release about the closure last week, “We can confirm that we have started a consultation process with all of our staff at Genting Casino Southport, with 38 employees being put at risk of redundancy. As we all know, the coronavirus pandemic has created unprecedented challenges right across the leisure industry and whilst we have worked tirelessly over the past ten months to sustain the business as best as possible, permanent club closures have, unfortunately, been simply unavoidable.”

According to GenM, the company has a total of 43 casino licenses in the U.K. and has operated 42 casinos until the global pandemic turned everything upside down. It also operates two hotels in the country, as well as online gambling platforms gentingcasino.com and gentingbet.com. 

Fourth Genting UK casino in trouble as Southport could shut down

Genting U.K., a subsidiary of Genting Malaysia Bhd (GenM), is finding the COVID-19 situation extremely problematic. It was forced to shutter its casinos in Bristol, Margate and Torquay, as well as reduce its staffing levels at operations in Birmingham, Blackpool, Edinburgh, Glasgow and London, but is about to add another property to the mix. GenM is being forced to close its Genting Casino Southport in England because of continued issues caused by the coronavirus, and 38 employees are going to need to find new jobs. 

The COVID-19 pandemic has caused problems for casino operators across the globe, but some have been able to survive better than others. GenM isn’t one of those, with the U.K. repeatedly being bombarded by coronavirus issues that seem to be relentless. The original coronavirus has morphed into at least two other variations and they continue to pound away at the U.K. economy. One already forced area casinos to go back on lockdown, exacerbating an already precarious situation. 

GenM said in a press release about the closure last week, “We can confirm that we have started a consultation process with all of our staff at Genting Casino Southport, with 38 employees being put at risk of redundancy. As we all know, the coronavirus pandemic has created unprecedented challenges right across the leisure industry and whilst we have worked tirelessly over the past ten months to sustain the business as best as possible, permanent club closures have, unfortunately, been simply unavoidable.”

According to GenM, the company has a total of 43 casino licenses in the U.K. and has operated 42 casinos until the global pandemic turned everything upside down. It also operates two hotels in the country, as well as online gambling platforms gentingcasino.com and gentingbet.com. 

Japan’s IR scene continues to show a lot of movement

It’s looking more likely, despite a recent setback due to an increase in COVID-19 cases, that Japan is going to be able to make progress this year with its plans to introduce integrated resorts (IR) to the country. There has already been movement since the new year started, with Nagasaki already launching its request-for-proposal (RFP) process and Yokohama set to get its RFP initiative going in the coming days. As Japan’s gambling market begins to take shape, activity is beginning to pick up and different elements are becoming clearer.

Wakayama is one of the areas that wants to host an IR and, last Wednesday, two casino operators confirmed their interest. The prefecture’s IR Promotion Office announced that Clare Best Neem Ventures and SunCity Group Holdings Japan Co. have submitted the required documents to support their spots as potential candidates. Both had already been selected in a previous round of review and, even as there is still no guarantee Wakayama will be among the first three locations selected to host an IR, the companies are ready to go the distance. The prefecture is expected to make a decision sometime during the spring, with the hopes of being chosen so it can introduce a casino within five years.

Oshidori International Development LLC, which wants to win the rights to be included in Nagasaki’s IR scheme, now has someone to help lead the way. It has brought in Keigo Nakatani to be its chief operating officer, turning to an economics major and business development executive that the company believes will give it a leg up on the competition. Says Oshidori Chairman, President and CEO Alejandro Yemenizian, “Oshidori’s rule is not only to create the best IR resort in Asia, but also to fulfill its social responsibilities to Nagasaki and Kyushu through its IR business, and to create a new society together with local people using IR as a catalyst. In order to achieve this, we believed that a person who can carefully discover the potential of the region and present it to the world is the right person to take office.”

Yokohama has had continued difficulty convincing some residents of the merits of an IR. There is tangible polarity over the idea and some residents have gone so far as to try to oust the mayor, Fumiko Hayashi. While that attempt looks to have fallen flat, there is hope that putting a different leader in place will have the desired effect. The city of Nagasaki will need to elect a new mayor later this year and City Councilman – and IR opponent – Masataka Ota is ready to campaign to be the city’s next leader. He will run unaffiliated and said in a recent statement, “I have been saying that [IR] facilities, including casinos that Yokohama City is attracting, are not good. The city council also rejected an ordinance to conduct a public vote on whether or not to vote, and he decided to run for office because he wanted to become mayor and play politics for citizens. If I become mayor, the casino will be over immediately.”

Cherokee overrule protest of Indiana casino purchase

The Eastern Band of Cherokee Indians (ECBI) have silenced dissent concerning their recent $250 million purchase of the Caesars Southern Indiana casino. Their Tribal Council voted down a formal protest in a January meeting.

Attorney Robert Saunooke, a member of the tribe, filed the formal protest against the purchase with the backing of 14 other Tribal members. They believe the December 17 vote to approve the deal was rushed into, wasn’t the best deal that could have been struck, and didn’t allow the voting members enough time to consider the facts.

Taking the matter seriously, it was the first item discussed in the tribe’s January 14 meeting. The protest was ultimately voted down 56-44. The EBCI Attorney General’s office also agreed with the original deal. Principal Chief Richard Sneed defended the merits of the December 17 vote:

“This decision was thoroughly vetted and every decision we make is in the best interest of the Tribe…if anyone wants to sit down and go over the numbers, we’re happy to do that. The assertions made in Mr. Saunooke’s resolution, they’re all patently false.”

North, South, East and West to battle following NFL Divisional games

It’s East vs. West, North vs. South for the NFL Conference games. The Divisional Round games wrapped up this weekend, giving football fans plenty of excitement and sports gamblers plenty of action. Not everything worked out as planned, but there are now just four teams remaining. The Conference Championship games will be held this coming weekend, the last hurdle between an unusual NFL season and a Super Bowl title.

The NFC North’s leaders, the Green Bay Packers, have the opportunity to give quarterback Aaron Rodgers something he has yet to accomplish. For the 16 years he has been with the team (the only NFL team of which he’s been a part), he has never been able to play an NFC Championship game at Lambeau Field. That will change this coming weekend after the Packers beat the LA Rams in decisive fashion this past Saturday.

The Packers came out swinging and never relented until the final seconds dissolved on the clock. They won without much work, taking the 32-18 victory that saw Rodgers throw for a touchdown and also run one in on his own. Through three quarters, the Packers scored on five straight drives, and the fourth quarter became a lesson on clock management.

The Buffalo Bills were first in the AFC East and, for the first time in almost three decades, are going to the AFC Championship Game. They leaped over the Baltimore Ravens this past Saturday to get to where they are in a game that was about as lopsided as they come. The Ravens were 11-5 going in; the Bills were 11-3. However, nothing went right for the Ravens, who ended the day with just three points in a 17-3 loss.

Massachusetts casino revenue slumps over holidays

Massachusetts casino gaming continues to struggle due to the effects of Covid-19. Gaming revenues slumped year over year in December, 2020, restricted by reduced operating hours and capacity limitations.

The state’s three casinos, Wynn Resorts’ Encore Boston Harbor, MGM Resorts’ MGM Springfield, and Penn National’s Plainridge Park, reported $49.8 million in revenue for the month, dropping 40.1% from 2019 levels, the Massachusetts Gaming Commission notes. Encore led the way with $29.3 million, Springfield following in second with $11.4 million, and the slots only Plainridge Park saw $9.2 million.

That totaled for nearly $15 million in tax revenue for the state. Encore and Springfield each were taxed at 25% of their Gross Gaming Revenue (GGR), while Plainridge was taxed at a higher, 49% rate. That led the slots only facility to contribute more in taxes than Springfield, bringing in $4.94 million to the state.

The significant drop from 2019 revenues can equally be blamed on Covid-19 restrictions and deflated customer visitation. The casinos must close at 9:30pm since new restrictions were put in place in November, and a max capacity of 25% started on December 26, expected to be in effect until atleast January 24.

Soft2Bet nets PCI DSS data accreditation

Cyprus, 15th January 2021 – Casino and sportsbook platform provider Soft2Bet has been certified by The Payment Card Industry Data Security Standard (PCI DSS).

The company was accredited with the certification after passing a rigorous audit, recognising its capability to securely protect the transfer of credit and debit card data between customers and payment service providers.

The news showcases Soft2Bet’s strong compliance credentials, which are also demonstrated by the SGA, MGA and Curacao licences held by the market-leading casino and sportsbook platform provider.

The company’s latest certification indicates its unwavering commitment to protecting the data of players using the 30+ operator brands in its portfolio, which is set to be enhanced with a new flagship sportsbook in early 2021 and currently includes the SBC-award winning Wazamba.

Clive Hawkswood joins Gambling Integrity, the UK’s leading consultancy in gambling governance

Gambling Integrity are delighted to welcome Clive Hawkswood to the team. Clive joins Gambling Integrity following his Chairmanship of Responsible Affiliates in Gambling (RAiG). Prior to this he was Chief Executive of the UK’s Remote Gambling Association from August 2004 to January 2019 where he represented the industry’s interests with a range of international regulators and governments. He was closely involved in the development of industry best practice across a range of regulatory and social responsibility issues. This included regular dialogue with the British Gambling Commission and Government. For many years he was a board member of GambleAware and he was the first Chairman of GAMSTOP, the national online self-exclusion system. 

Malcolm Bruce, Founder of Gambling Integrity said: “Clive brings huge depth of knowledge of the online gambling industry together with a deep commitment to player protection and the prevention of gambling-related harm. He will be working with us to develop and enhance our Pre-Audit Review (PAR) service, which provides reassurance to operators that they are in good shape from a regulatory perspective before they are audited, inspected, or have their licences reviewed by the British Gambling Commission.’

Clive Hawkswood says: “It is always better to seek out and address any regulatory failings, especially where they relate to player protection, before they are identified by the Gambling Commission. With operator boards being held directly responsible for serious breaches, I am sure that more than ever they will want to have the fullest confidence in the controls and systems within their companies. I am delighted to now be part of the Gambling Integrity team working with our clients to ensure their boards are fully briefed on the steps they need to take to maximise regulatory compliance and good corporate governance.”

Gambling Integrity helps organisations focus on safer gambling, by training and mentoring staff, advising on sustainable business models and ensuring regulatory compliance.

First Dates gets Foxy

Foxy Bingo announces it will launch a year-long TV sponsorship deal of the popular dating show, First Dates, from January 2021. 

Running throughout the year on both Channel 4 and E4, the campaign is set to feature Foxy starring in various sponsorship idents before each episode, with the deal covering new and repeated programmes, as well as spin-offs, such as First Dates Hotel and First Dates Australia. 

The deal includes 32 episodes (with each repeated once weekly) across the various programmes and channels throughout the year. 

Speaking about the new sponsorship, Anna Venturas, Brand Director of Foxy Bingo, said: “We are delighted to be sponsoring First Dates throughout 2021, the show really resonates with our audience and we truly believe that this will be a perfect fit for both the programme and our brand”.

Head of the Commission for Regulation of Gambling and Lotteries Ivan Rudyi to speak at Ukrainian Gaming Week 2021

Ivan Rudy, Chairman of the Commission for Regulation of Gambling and Lotteries will become the speaker at Ukrainian Gaming Week 2021, which will be held on February 24-25. Event will be organized by Smile-Expo.

Commission for Regulation of Gambling and Lotteries is a key body on the Ukrainian gambling market. It provides control over activities related to the organization and conduct of gambling. The state structure was created by the Cabinet of Ministers in order to ensure transparent interaction between business and regulatory authorities.

The regulator oversees the launch of the gambling business, its legalization, licenses market participants and monitors their work. The main mission of the commission is to create a system that will simplify the working conditions in the gambling and lottery sector.

The powers of the collegial body include:

Which Premier League manager is favourite to be sacked next?

The Premier League is a uniquely pressurised environment in which to play football, but as we all know, the manager often carries the can. From Jurgen Klopp to Pep Guardiola, through Jose Mourinho and including Ole Gunnar Solskjaer, every Premier League manager operates in the full knowledge that a bad run of results can lead to their dismissal.

Who are the favourites to lose their job in Premier League and who should you be backing to be the next manager to leave his post? Let’s take a look at the latest sportsbetting futures market to offer terrific value for sportsbettors during lockdown.

The Favourites

Of the current favourites, each could appeal to you in different ways. The current bookies favourite is Chris Wilder (5/2), who has presided over the worst start to a Premier League season ever at Bramall Lane. That could and possibly should have cost him his job already, but it hasn’t, for the valid reason that The Blades were cutting their cloth at a table they weren’t expected to survive at for a year anyway. Destabilising the squad now would condemn them to relegation and the perils of trying to survive in the The Championship with a broken roster and direction. When they are relegated, keeping Wilder will give them the best chance of surviving and bouncing back at the first attempt.