Tag Archives: igaming

Resorts World Genting goes to full shutdown as pandemic worsens

Resorts World Genting (RWG) has taken another step back, announcing they will close entirely between January 22 and February 4. The closure was forced by Malaysia’s Movement Control Order (MCO), restricting intrastate travel in a bid to reduce Covid-19 transmission.

On their website, the operator notes, “Essential resort-based services such as security, bomba, utilities and clinics will remain operational.” Otherwise though, casinos and resort services will be unavailable. Guests have been offered a phone number to call if they need to change their reservation dates, or if they with to request a refund.

Malaysia was forced to implement their MCO on January 13, due to a new spike in Covid-19 cases. The continuing spread of the virus has now forced the government to extend the MCO to all states, except Sarawak, and extend the travel ban to February 4. The Ministry of Health reports 4,008 cases in the 24 hours leading up to January 21, bringing the pandemic tally to 169,379. 630 have died of the virus.

“The MCO standard operating procedures are the same as I have announced before. That means residents are not allowed out, except for two from one household for daily necessities, including emergency cases,” said Senior Minister Ismail Sabri.

Entain plc – Directorate changes

Entain plc (LSE: ENT), the global sports-betting and gaming group, announces that Jette Nygaard-Andersen, currently an independent non-executive director of Entain, has been appointed Chief Executive Officer with immediate effect. Shay Segev, the outgoing CEO, steps down as a director today and will remain available to Jette, the Board and management until 8 July, to facilitate an orderly transition. In addition, Rob Wood, Entain’s CFO, will have the role of Deputy CEO added to his current role with immediate effect, and Sandeep Tiku, Entain’s Chief Operating Officer, will be appointed to the Board later in the year.

Jette Nygaard-Andersen joined the Entain Board as an independent non-executive director in 2019. As a Board member Jette has been instrumental in the development of Entain’s growth and sustainability strategy. Jette has more than 20 years’ experience in leadership and operational roles in media, entertainment, sport and digital businesses and an extensive track record of working with fastgrowing digital next generation online and mobile entertainment companies offering video gaming, eSports, and social media video content. As such she brings significant experience to the CEO role that reflects the evolution of Entain into an entertainment focused company.

Rob Wood was appointed CFO in March 2019 following six years as CFO of the Group’s U.K. Retail division. Rob has played a critical role in driving the financial performance of the Group and delivering the new strategy announced in November. To continue Rob’s development, he will now take responsibility for all Retail operations and M&A activities under the role of CFO and Deputy CEO.

Sandeep Tiku joined Entain (then bwin.party) in June 2014. After four years as Group Chief Technology Officer he became Group COO in July 2020 to drive Entain’s operations through technology and operational excellence. Sandeep has been instrumental in developing Entain’s industry leading proprietary technology platform, and also drove the integrations of the bwin.party, Ladbrokes and Coral businesses into the Group. His appointment to the Board, which will take effect later in the year, reflects the importance of the technology platform to Entain’s continued success.

Imperial Pacific considers controversial Senator for CEO job

Imperial Pacific International (IPI) is wasting no time filling their vacant CEO role. The Saipan casino operator is rumored to be considering former Ray N. Yumul for the new top job, following the departure of Donald Browne in December.

A verbal agreement has been reached for Yumul to take the job, the Mariana’s Variety reports. The Commonwealth’s Casino Commission executive director, Andrew Yeom, indicated he need only apply for a key-employee license with the commission to get started.

Yeom won’t totally confirm if he’s taking the job. “We’ll see,” he said, but allowed that his mind “is open to these discussions.”

If Yeom does take the job, Commission Chairman Edward C. Deleon Guerrero suggested he should “make sure that he will be the head of the local IPI operations, and that he truly understands, has truly read and, if necessary, has sought legal assistance to understand the gaming law. There is no other way getting around it but to fully understand it.”

Gambling industry welcomes US Prez Joe Biden

Inauguration day has how come and gone, and President Joe Biden now holds executive power in the U.S. That could mean change for the gambling world, and all corners of the industry have come out to give their opinion.

There’s not much comment from the industry leaders themselves. The major casinos have not made any statements, and the online operators are sticking to sports. That leaves us with a bunch of commentary from the lobbyists.

AGA President and CEO Bill Miller already voiced his hopes Biden will help the industry recover. “Gaming — an economic engine in communities across 44 states — has been decimated by COVID-19, but our industry has always strongly responded to adversity,” he said in a Wednesday statement. “Together, with our new leaders in Washington, we can get millions of American hospitality employees back to work, reinvigorate our industry, support our small businesses, and bring desperately-needed revenue to our communities.”

Congratulations to @POTUS Joe Biden and @VP Kamala Harris on today’s historic inauguration. @AmericanGaming looks forward to working with your administration to achieve policies that accelerate the recovery of the gaming industry and entire U.S. economy.

Becky’s Affiliated: Everything happens for a reason

On November 24th I went out for a run and out of the blue, felt a sudden, sharp pain in my left knee cap when going down a hill. I was able to walk home, but after I cooled down, even just puttering around the house was uncomfortable and I was devastated. 

For those who don’t know, I’ve been an avid runner for all my life, its my favorite activity on the planet. My modus operandi has always been to use gym equipment such as ellipticals, power mills, etc, when recovering from a running injury (or trying to prevent one) and this has always worked for me…until COVID hit and gyms were forced to close and are still closed here in the London area.

Today I wanted to share my story with our readers as I think the lessons I’ve learned since November 24th can be applied to all of us in our daily lives as we continue to battle COVID, with a great deal of uncertainty still ahead of us.

The first lesson I learned is there is a solution to every problem, you just have to find it. Once I realized I was not going to be able to run for a while and going to the gym was not an option due to lockdown-induced closure, I jumped on my bike to see if a cycling motion bothered my knee. I was delighted to learn it did not. 

Could Joe Biden be the president who brings online poker back to America?

Today is the day that many Americans have waited on for the last four years. For poker players, however, the election of Joe Biden and, with equal importance, the removal of Donald Trump from office, may bring an end to a decade of pain.

That’s because, if the rumours are true, Biden might be the best chance poker has of seeing the online version of the game we all love returning to American computer screens in the near future.

The ink may not be dry on Joe Biden’s inauguration papers, but according to a report from PokerNews, the 46th United States President may look to rescind the 2018 decision made by the Department of Justice on the Wire Act. If so, then as was said on Online Poker Report, Biden said: “I would reverse the White House opinion that was then reversed and overruled by the court. The court is correct. That should be the prevailing position.” 

Trump, of course, reneged on the 2011 decision from the DOJ that said the Wire Act applied only to sports betting, but Biden would reinstate it according to insiders, bringing back the potential for online poker to return. Sheldon Adelson, one of the biggest advocates to banning online poker, recently died, prompting many calls for online poker to return. 

Pascal Hartmann wins Super MILLION$ title for $454,908

The latest Super MILLION$ final table kicked off with Dario Sammartino in the lead, as we reported yesterday, but the Italian would not be able to see it out and claim the win. In fact, he would finish outside the podium places.

How did this happen? Let’s take a look back at the 32nd Super MILLION$ final table and how it played out.

It took a long time for the first elimination, and it was Cypriot player Aliaksei Boika busted in 9th place for the first prize of $56,864. Boika was all-in with pocket sevens and was up against ‘RRomashka’, who made a better flush on the river with pocket tens.

It was the start of the eliminations, but there was no let up from that moment onwards, with players dropping left, right and centre. Next to depart was Canadian Ami Barer, his stack eventually dwindling to 12 big blinds. Barer must have thought he’d waited for the perfect moment, moving all-in with pocket queens, but he was called by Argentina’s ‘on the Flow’ with ace-king and an ace on the flop saw the chips disappear from in front of Barer.

Which Premier League team provides the most goals per game?

The 2020/21 Premier League has been not just entertaining but life-affirming for many football fans affected by lockdown in terms of national restrictions.

When we watch the 20 teams in action, however, which are the ones who bring goals? With the Premier League season at the halfway stage for most clubs, we’ve compiled the average goals per game ratio for all of the teams. From the big hitters to the low lights, which sides provide the most goals and entertainment in the Premier League might surprise you.

Let’s take a look at the full table and each clubs’ goal per game.

Premier League Goals Per Game Table

15 Bigs – David Lappin

As co-host of the Global Poker Award-winning podcast The Chip Race with Irish poker legend Dara O’Kearney, David Lappin is jovial, witty and above all else entertaining. The Unibet Poker player brings a light-hearted air to many subjects, but is equally happy getting into the deeper topics that rise to the surface in the game we all love.  

How will Lappin cope with 15 questions that are bound to test his mental acuity and funny bone at the same time? It’s time to push ‘15 Bigs’ over the line and see how he copes as we stare him down.  

If you were to be shot at dawn, what would be your last meal/drink?  

Steak y Foie Gras from Vaso De Oro in Barcelona washed down with a Viña Tondonia Gran Reserva. 

US federal appeals court rules Wire Act applies only to sports betting

America’s online gambling market caught a break Wednesday as a federal appeals court upheld the view that the 1961 Wire Act applies only to sports betting. 

On Wednesday, a two-judge panel of the US Court of Appeals for the First Circuit sided with the New Hampshire Lottery Commission against the Department of Justice by ruling that the Wire Act’s prohibition on communicating wagering information across state lines applies solely to sports betting, not to other forms of gambling. 

The ruling opens the door for states that have legalized online poker to share player liquidity with other states that have enacted similar laws. To date, only Delaware, Nevada and New Jersey have entered into such arrangements, but the path now appears open to states such as Michigan and Pennsylvania to consider adding their players to the pool. 

To recap how we got here, the DOJ’s Office of Legal Counsel (OLC) issued an opinion in 2011 in response to queries by state lotteries asking if they could sell tickets online if the data was temporarily routed across state lines. The OLC concluded that the Wire Act applied only to a ‘sporting event or contest,’ thus paving the way for the launch of intrastate online gambling markets in New Jersey and elsewhere. 

UK online gambling activity rises, revenue falls in November 2020

UK online gambling operators saw activity grow but revenue shrink as sports betting margins retreated to more traditional levels. 

Figures released Wednesday by the UK Gambling Commission (UKGC) detail its online gambling licensees’ activity during the month of November, part of the regulator’s ongoing commitment to disclosing how the country’s gamblers are coping with the impact of COVID-19. 

November marked the UK’s second pandemic lockdown, although major sports events weren’t disrupted as they were during the spring lockdown. But many residents were once again forced to spend more time at home, opening up the possibility that they’d turn to gambling away the mortgage due to lockdown boredom. 

Fortunately, while online gambling activity experienced an increase in November, “overall, there has not been a significant or sustained increase in gambling activity” since the pandemic began. Three-fifths of UK gamblers say their spending has not changed since March, while 27% reported spending less and just 13% spent more. 

NFL Odds: AFC championship game lines & trends

Odds courtesy of OddsShark.com

The Kansas City Chiefs will host an AFC Championship Game for a third straight season Sunday as they look to keep their chances of repeating as Super Bowl champions alive against the Buffalo Bills, who are 3-point underdogs despite entering on an NFL-high eight-game winning streak and taking those by an average margin of 17 points per game.

Kansas City will join the Philadelphia Eagles from 2002-04 as the only teams to host three conference championship games in a row. The common link between the franchises? Andy Reid coached those Eagles and of course now coaches the Chiefs.

No question the biggest story that looms over this game is the status of Chiefs superstar quarterback Patrick Mahomes. He left last Sunday’s 22-17 win over Cleveland with a concussion in the third quarter and didn’t return. Mahomes had led Kansas City to a 19-3 halftime lead, but without him the Chiefs nearly blew it – although backup QB Chad Henne delivered on a late fourth-down conversion to clinch the victory.

Mike Postle’s Lawyer leaves the ring as Alleged Poker Cheat is anti-SLAPPed

The latest development in the ongoing saga of Mike Postle isn’t a good one for the poker player who faced cheating allegations after suspicious action on the Stones Gambling Hall live stream last year.  

The crib notes of the Mike Postle are well known to most. After an allegation over cheating saw poker players, commentators and YouTube creators allege ‘cheat’ in Postle’s direction, the man himself went to ground, re-emerging to successfully argue that the case should be thrown out. That wasn’t the end of the matter, however, as allegations from Postle himself about defamation of his character threatened to turn the focus against those who accused him of cheating.  

The latest twist is not a good one for Postle, whose lawyer this week stepped away from representing him and in the wake of that action, two defendants in the defamation lawsuit then hit Postle with an anti-SLAPP.  

If you’re lost like a live poker player with 7-5 off-suit and no knowledge of what any of the other players have at the table, we’ll break it down for you.  

The Dutch League Eredivisie goes digital with global fantasy football game Sorare

The highest level of professional football in the Netherlands, the Eredivisie is launching its digital cards of players on Sorare to help Eredivisie fans to express their fandom online.

Sorare is building the next generation of football games with officially licensed and scarce digital cards. The first game is a unique 5-a-side global fantasy football game.

The company created a marketplace to trade digital cards which provides a new revenue stream for 120+ football clubs, generating $1,900,000 in card sales per month in December 2020

Zeist, January 20, 2021​– Eredivisie card collectors and fantasy football gamers will be able to freely buy,sell, and play with digital cards of players from the Eredivisie, such as Ajax’s David Neres, PSV’s Donyell Mallen and Feyenoord’s Marcos Senesi. Each card is scored based on the performance of the player in real-life during the match day. Since it opened its beta in December 2019, Sorare has grown an average of 44% month on month, and today counts over 70.000 users worldwide, with over $9 million in cards sold across 100 countries. The Eredivisie is the 4th league joining Sorare after Belgium’s Pro League, South Korea’s K League, Japan’s J League and the United States’s MLSPA.

Grupo Caliente expands partnership with Genius Sports

Grupo Caliente is one of the largest gambling operators in Latin America and the hottest in Mexico. It wants to make sure it stays that way, too, and is calling on Genius Sports to give it a boost. The two have had an ongoing relationship for the past couple of years, but Grupo Caliente is now going to give the sports tech data firm the right to be the lead provider of all sportsbook management-related activity for the operator’s Caliente.mx brand. 

Moving forward, Genius Sports’ Betgenius arm will spearhead Grupo Caliente’s sports gambling efforts in relation to live data, trading and streaming activity for Caliente.mx. This will give it access to over 400 global sports competitions to introduce official sports data and live and recorded video feeds, and the real-time data and pricing compiled by Betgenius for over 170,000 different sporting events will also be included. Access to more than 20,000 streamed games and events will make Grupo Caliente’s menu of options even sweeter. 

Caliente Interactive CEO Emilio Hank is excited about the opportunity and said in a statement, “As the market leader in Mexico, we are always focused on providing our customers with the best possible product. We are excited to keep growing our content offering and to extend our long-term partnership with Genius Sports, as we continue to expand into other markets.”

This expansion is going to be just as important for Genius Sports. The company has hinted at the idea of wanting to become a publicly-traded company on the New York Stock Exchange (NYSE) and laid out its plans with the U.S. Securities and Exchange Commission (SEC) this week. If everything goes well, it will launch sometime during the first quarter of this year, hoping for a $1.5-billion valuation, and having guaranteed, long-standing agreements with operators around the world will help give potential investors the confidence they need to back the company.

Peter-Paul de Goeji is intent on opening doors in the Dutch online gambling industry

As regulators put the finishing touches to the legislation related to online gambling, NOGA Managing Director Peter-Paul de Goeji wants to ensure that welcome mat is ready for new operators, and he took some time out to explain their journey to our very own Becky Liggero Fontana.

Goeji is in charge of the trade association that can open doors for new operators in the Netherlands. “NOGA is a new name for an organization that has been around for a time already. NOGA has built on the foundations that were laid by an organization called stifling spiel vrandor which was a foundation translated in English that means play responsibly,” Goeji explains.

The board of directors of the foundation decided that they wanted to become a full-blown trade association with members and increase the number of members and take on more responsibilities towards the gambling industry and also the protection of consumers.

https://www.youtube.com/watch?v=CramXlODwN0Video can’t be loaded because JavaScript is disabled: Peter-Paul de Goeji is intent on opening doors in the Dutch online gambling industry (https://www.youtube.com/watch?v=CramXlODwN0)

Notorious sports gambler’s insider trading sentence commuted by Trump

Billy Walters was well-known in the sports gambling realm for years before being busted for securities fraud. He hadn’t been satisfied with the money he was warning as a gambler and, in 2017, was shipped off to prison after being found guilty of insider trading linked to Dean Foods that put $32 million in his pocket. Walters, often lucky in gambling, got lucky in front of the judge, receiving a sentence of only five years when he could have been locked up for 20 years. He’s now gotten lucky once again, with outgoing President of the U.S. (POTUS) Trump commuting the remainder of his five-year sentence.

Walters, who has previously been called a “cheater” and a “criminal” by at least one judge, may have been playing the odds when he tried to find support from Trump. U.S. presidents leaving office will often grant a number of pardons and commutations and Walters had reportedly reached out to former Trump attorney John Dowd ahead of Trump’s exit to see if he could lend a hand. Dowd had been working for Walters for several years, according to the New York Times, but it isn’t clear in what capacity. Dowd was reportedly paid “tens of thousands of dollars” in representing Walters since first taking him on as a client in 2018.

The goal was for Walters to receive a full pardon from Trump, but that didn’t happen. A pardon signed by POTUS is a big deal and something worn like a badge of honor. Any pardon essentially dismisses all charges against the individual and strikes the conviction from his or her record, and a POTUS-signed pardon means the person received extra special treatment.

However, despite all efforts, Walters was only given a commutation by Trump. This results in the remainder of a prison sentence being waived; however, unlike a pardon, it doesn’t remove the conviction from the permanent record of the individual. Still, Walters will take what he can get.

Allied Esports gives up on World Poker Tour, eSports operations

Allied Esports Entertainment has decided it no longer wants to be involved in the poker and eSports industries. The China-based company is reportedly in talks to sell its ownership of the World Poker Tour (WPT), as well as its eSports endeavors, with two entities, and the sale of the WPT is apparently a done deal. There’s a rumor that Allied might be looking to become the next big real estate investment trust (REIT) after offloading its assets.

Allied has already signed a definitive agreement to sell the WPT to Element Partners LLC, a privately-owned investment firm. Element is going to give Allied a total of $78.25 million for the purchase, which will consist of an upfront payment of $68.25 million and a guaranteed revenue share of 5% of any entry fees for WPT-branded tournaments or revenue from Element’s licensed gaming platforms. The latter is capped at $10 million and is payable over three years after the deal is closed, with the final signatures and approvals expected to be in place before the middle of next month. All that remains is to convince company shareholders and regulators that the deal makes sense.

Allied explained of the potential sale of the WPT, “Due to COVID-19’s impact on the Company’s overall revenue generation and profitability timeline, we believe the forthcoming sale of the WPT business will garner significant capital and an avenue to determine new opportunities that will deliver accelerated returns for our stakeholders.”

The eSports industry gained significant ground last year as more people turned to the activity while on COVID-19 lockdown. However, Allied is apparently willing to let its Allied Esports business change hands and is working with Lake Street Capital Markets to figure out its next move. There is nothing definitive in place yet, but the company indicates its willingness to sell its eSports operations if the right offer comes along. As an alternative, it would consider “strategic options” to advance its eSports activity.

Analysts: Don’t count on VIP gamblers for post COVID-19 recovery

The writing has actually been on the wall for the past couple of years, but is now highlighted more than ever. VIP gambling is no longer going to be the cash cow for casinos that it may have once been, and casino operators should start preparing now for a different gambling environment. Those that don’t will be left behind, struggling to figure out why their wells are drying up.

Especially for Macau, VIP gambling is rapidly tapering off and this will extend to other parts of the world, as well. Industry analysts almost unanimously assert that Macau’s VIP activity will stay weaker this year than it was two years ago and that it might be as long as five years before any type of turnaround is seen. Vitaly Umansky, Tianjiao Yu and Kelsey Zhu, analysts with Sanford C. Bernstein, assert that gross gaming revenue (GGR) from the VIP sector will “be below 2019 levels by 2025.”

In the summer of 2019, Macau’s VIP gaming sector showed signs of being weaker than that of the mass gaming sector. Last year, in the third quarter, mass market activity continued to outperform VIP gambling. For all of 2020, VIP gambling in Macau saw its lowest revenue share on record. In addition to the ongoing COVID-19 battle, this drop is also fueled by pressure being exerted in China, which is clamping down on money transfers, junkets and cross-border casino marketing. This has scared off some of the high rollers and, as the country continues to strengthen its anti-gambling position, things can only get worse for the VIP gambling segment. Bernstein’s analysts predict that VIP gambling will only reach 50% of the level it was in 2019 this year, while mass gambling will find recover of 75% of 2019’s numbers.

There is a silver lining, however, that should give casino operators a reason to be happy. The analysts believe that the drop in VIP action could lead to an increase in other segments, such as premium direct and premium mass, and explain, “In the early stage of recovery, we expect operators who have outsized relative positions in premium mass to fundamentally outperform (Melco and Wynn Macau top picks) over the next 6+ months, as premium customers are less affected by the economic impact related to COVID-19 and fewer numbers of customers are necessary to drive GGR growth.”

Osaka pushes unification to bolster IR casino efforts

Osaka, both the prefecture and the city, are pushing ahead their Integrated Resort (IR) plans in the same effort that will see the two administrations combined. The two bodies have chosen April 1, 2021 as the date to unify into an area-wide administration, bringing them closer together and eliminating overlap, while seeking avenues for growth.

Part of the effort will include preparations for the 2025 World Expo and Osaka’s IR bid. The overall goal is to boost Osaka into a new level of growth and development, making it Japan’s de facto second capital, after Tokyo. Having a world class IR would definitely help that effort.

Under the previously defeated Osaka Metropolis Plan, Osaka as a city would be abolished, and reorganized into four wards. That was voted down in November 2020, leading to this new effort that would see a Osaka Cooperation Council established, with the governor as the head and the mayor as the deputy manager in policy decisions. It will be considered on January 22, and officially proposed in February.

The Liberal Democratic Party opposes the effort, citing the previously failed plan. “Public opinion has been demonstrated through a referendum and Osaka city should retain full authority,” they note. With no majority yet supporting unification, it’s unclear if the measure will go forward, and critics state that April 1 is too soon to expect a clean evolution of the region into a one administration territory.