Tag Archives: igaming

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.

Seven poker quotes from WSOP bracelet winners to inspire you

Winning a World Series of Poker bracelet is the inspiration for many poker players to take up the game, from playing with their friends locally to attempting to turn their hobby into a profession by becoming a poker player for their job.

When it comes to poker inspiration, then, who better to learn from than seven players who have won WSOP bracelets, the fabled gold trinkets that symbolize your arrival as a player to be reckoned with?

Let’s take a look at some of the best poker quotes to give you the kind of week at the felt that youcould build a bracelet run upon.

1. “Fold and live to fold again.”

Premier League Gameweek #18 Review – City on the March

With so much at stake in a Premier League season dominated only by inconsistency, every game seems to be getting more important. The current league campaign has almost reached the halfway stage for most clubs, with only Aston Villa having more than two games in hand on the pack.

With a titanic tussle at Anfield and a showdown between two terrific teams at the King Power Stadium to look back on in detail, who came out on top at the peak of the Premier League? Let’s take a look back at the biggest action.

Leicester City 2-0 Southampton

The Foxes prevailed at the King Power Stadium as Danish goalkeeper Kasper Schmeichel made his 400th appearance against The Saints.

New Jersey online gambling ops scolded for incentivizing reverse withdrawals

New Jersey online gambling operators have been warned not to slow-roll customer withdrawal requests in the hope that customers will keep gambling.

On Wednesday, the New Jersey Division of Gaming Enforcement (DGE) issued an advisory bulletin regarding some unidentified online gambling licensees “soliciting or incentivizing withdrawal requests to be rescinded or cancelled by the patron.”

The DGE said it had received complaints from customers regarding operators who were taking up to two weeks to process a withdrawal. Some of these customers reported receiving communications from operators “encouraging or enticing [customers] to reverse the withdrawal request and wager the funds.” Some customers were even “offered bonus money to reverse a pending withdrawal request.”

The DGE notes that its existing rules don’t specify a hard time-frame in which operators are required to process withdrawals, and the regulator acknowledged that some delays may be justified in order to prevent fraud or money laundering. But the DGE says withdrawals must be processed “without any delay longer than needed to perform an anti-fraud or anti-money laundering check.”

The 14th specialized event dedicated to the gambling industry – Russian Gaming Week will take place on April 27

On April 27, 2021, Smile-Expo will organize the 14th Russian Gaming Week in Moscow. This is the largest gambling event in the CIS. It will unite the leading companies on the market and experienced experts from various fields at one platform.

Event will be of interesting to owners of casinos and betting shops, organizers of poker games, equipment suppliers, software developers, advertisers, investment companies, members of specialized associations and many others.

Event

A rich program is expected at Russian Gaming Week, which will include a large-scale conference, a demo zone and the prestigious Betting Awards.

Macau VIP gambling claims record low casino revenue share

Macau casinos leaned on mass market gamblers to an unprecedented degree in the final quarter of 2020, a shift that is likely to persist following China’s war on ‘cross-border’ gambling.

Figures released Friday by Macau’s Gaming Inspection and Coordination Bureau (DICJ) show local gambling operators generated combined revenue of MOP22b (US$2.75b) in the three months ending December 31, 2020.

It’s a far cry from the MOP72.3b the market generated in the same quarter last year but a good sight better than the Q3 2020’s MOP9b. The Q4 sum brings the FY20 total to just over MOP61b, barely one-fifth of 2019’s MOP293.3b, reflecting a year of unprecedented challenges for the world’s largest casino market.

The most notable feature of Q4’s results was mass market baccarat’s contribution of MOP11.85b, a nearly 54% share of the overall, while VIP baccarat contributed just MOP7.6b (34.5%), the first time VIP has slipped below a 40% share. Counting non-baccarat contributions, mass market gambling accounted for a record 65.4% of Macau’s overall revenue.

Former Indiana mayor who gambled away campaign funds avoids prison

The first step in overcoming an addiction problem is to admit there’s a problem. The former mayor of Whiting, Indiana, doesn’t believe he was ever an addict, though, despite having misappropriated more than $255,000 in campaign funds to pay for casino trips and other expenses. Joseph Stahura was facing jail time for his actions after pleading guilty last September, but a judge has decided he can walk. 

Stahura, who resigned as Whiting’s mayor last August, allegedly took about $255,000 in campaign contributions given to him over the years and used to visit out-of-state casinos, pay off bills and credit cards and more. He was tracked down through ATM withdrawals and reportedly made around 50 trips to casinos from March 2014 to October 2019. Those ATM withdrawals showed around $55,000 spent during that time.

The former politician was found guilty of wire fraud and filing a false tax return, but the judge took a light-handed approach to sentencing him. He could have faced as many as 23 years behind bars if given the maximum sentence for the crimes; however, the judge, James T. Moody, determined that Stahura’s lawyers made a good case for leniency when they argued that their client’s crimes were not that serious. Kerry Connor, an attorney representing Stahura, asserted, “Stahura’s conduct was wrong and illegal, but it didn’t impact his role as mayor, and I think that’s an important distinction Mr. Stahura’s conduct was significantly different than these other politicians.”

Stahura, who was facing legal action along with his wife, had reportedly made restitution of the embezzled funds, which the judge took into consideration when he handed down his decision. He also stated that it was obvious Stahura was very remorseful of his actions, which he demonstrated by stating, “I’ve not only embarrassed my wife, my family, and the residents of Whiting but everyone who believed in me.”

Hard Rock International gets Ritzy in London

Hard Rock International (HRI) is expanding its U.K. footprint. The casino operator announced yesterday that it is now the owner of a casino premise license from The Ritz Club in London, which gives it the ability to “establish a new casino premise” in the city. This is just one of many moves the company is making to become a global casino force in major cities around the world.

HRI already has a well-established presence in hotspots across the globe, including in various cities in the U.S., as well as Paris, Amsterdam, Madrid and others. It has also been approved for a new resort in Virginia, but lost an opportunity to include Greece in its portfolio last year. The company is also clinging on to hopes that it might be able to get in on Japan’s integrated resort industry at some point in the future. Additionally, a return of the Hard Rock name to Las Vegas is in the works. HRI has 12 casinos and a total of 240 locations scattered across the globe and has a presence in 69 countries.

The company didn’t provide a lot of details about its London plans and goals, or when it might be ready to bring its iconic massive guitar to London, but it probably won’t be soon. The U.K. is dealing with new COVID-19 issues that have forced many commercial venues, including casinos, restaurants and bars, to take a break, and HRI can take its time finding the ideal spot for a new property. Chairman Jim Allen only offered in the announcement, “We look forward to expanding our brand offerings within London and bringing our award-winning hospitality, gaming and entertainment to the birthplace of Hard Rock.”

At the end of last year, HRI began stepping deeper into the digital gaming realm when it launched Hard Rock Digital. This is to be an iGaming and sports gambling platform that it will operate through a partnership with Seminole Gaming. The company tapped three executives formerly with The Stars Group (TSG) to help build the brand, including former CEO Rafi Ashkenazi, former attorney Marlon Goldstein and the former head of TSG’s U.S. operations, Matt Primeaux.

Owner of the Las Vegas Raiders to purchase MGM’s WNBA team

MGM Resorts International and Las Vegas Raiders owner Mark Davis played Let’s Make A Deal, and Davis won. MGM has owned the Las Vegas Aces of the WNBA since it purchased the team from Spurs Sports and Entertainment in 2017, but will soon be handing the team over after reaching an agreement with Davis to sell the team. It isn’t clear how much the entrepreneur is prepared to lay out, but he has been a long-time supporter of the Aces.

Davis, along with his mother, has owned a controlling share of the Raiders since his father, Al Davis, passed away in 2011. He just relocated the team to Las Vegas from Oakland, CA, ahead of the current season, expanding the sports footprint in Sin City that included the NHL’s Vegas Golden Knights and the Aces – an NBA expansion team is also reportedly in the works. Davis has been to a number of Aces games since the team moved to the city from San Antonio, Texas, in 2018.

Davis will be able to provide all the pertinent details surrounding the deal once it’s finalized. That won’t happen until after the WNBA Board of Governors can sign off on the acquisition, and it isn’t clear how quickly that will occur. MGM President of Entertainment and Sports George Kliavkoff is confident that Davis is capable of overseeing the Aces, explaining in a statement, “We can confirm we have entered into an agreement to sell the Las Vegas Aces to Mark Davis and are awaiting approval from the WNBA Board of Governors. Mark is a longtime champion of women’s basketball and we believe he is the right person to lead the Aces into a new era. We will continue our enthusiastic support of the WNBA, NBA and basketball in Las Vegas.”

It’s only speculation at this point, but the decision by MGM to sell the team may have been made in order to free up money. The company is making a serious effort to buy out its online sports gambling partner, Entain, as long as the price is right. An initial bid of $10 billion was rejected, but MGM backer InterActiveCorp (IAC) has said it’s willing to put up as much as another $1 billion if necessary.

Nevada regulator spooked by vaccine survey

Nevada resort workers are at the front of the line for upcoming Covid-19 vaccines, but will they want them? The Nevada Gaming Control Board (NGCB) wants to know, in light of news that as many as 35% of Nevadans will refuse to be vaccinated.

In a memo, the NGCB mandated that all licensees complete the Licensee Workforce Vaccination Survey by January 21, providing demographics information about their employees and presumably, how many plan to skip the needle. They also provided a bit of a push for operators to encourage their employees to get inoculated. The memo urged:

“Widespread vaccination of the industry’s workforce is essential to the health, safety, and prosperity of the industry itself, its workforce, and to state and local government. Therefore, submission of the information is mandatory.”

This memo came the same day a study by the University of Nevada, Reno and Nevada Department of Health and Human Services revealed 35% of Nevada residents weren’t sure they’d get themselves vaccinated. It’s believed that between 80 to 90% of the population needs to be inoculated for herd immunity to take effect.

Japan moves forward with IR plans as COVID-19 struggles continue

Nagasaki, Japan just launched its initiative to attract casino partners as it looks to become one of the first areas to be awarded the rights to host an integrated resort (IR) in the country. It was the first to officially introduce its request for proposal (RFP) after delays caused by COVID-19, but other areas of the country are ready to get moving, as well. The progress is in anticipation of the Japanese Diet being able to introduce its final IR Basic Policy sometime later this year, but new issues caused by the coronavirus might lead to additional complications and schedule shifts.

Yokohama, according to local media outlet Kanagawa, is preparing to launch its RFP sometime before the end of this month. The outlet reports that it interviewed a number of people involved in the process and that the push to build momentum for its IR plans comes as the local city council rejected a petition to have a public vote held on the subject. Gambling opponents tried to block Yokohama’s efforts, collecting signatures on a petition that would force the issue to be addressed in a public forum, but both the mayor of Yokohama, Fumiko Hayashi, and the city council have determined that a public vote would be a waste of time.

In Tokyo, progress is being made, but where the city stands now in bidding for an IR is still unclear. Inside Asian Gaming points to a message by the head of Japan’s Countermeasures HQ, and member of the House of Representatives, Yukio Edano, who referenced “an IR bid by Tokyo after the Tokyo Metropolitan Assembly election.” There hasn’t been an update on what is in the works in Tokyo and the executive’s comments came as part of a larger response to the refusal by Yokohama’s leadership to conduct the public vote. Edano asserted, “The mayor and the council are acting as if they might ignore this. Representative democracy is not a carte blanche mandate.”

Elsewhere in the country, it looks like Hokkaido is officially out of the running for an IR. There has been talk for more than a year about the prefecture possibly backing away and Hokkaido mayor Naomichi Suzuki confirmed this week that it’s withdrawing its interest. Lawmaker Tsukasa Akimoto and Chinese gambling firm 500.com could be partially to blame, even if Suzuki hasn’t been completely behind the idea since it was first presented, since the bribery scandal that involved the disgraced politician had been centered on the prefecture.

Moody’s not as optimistic as Melco about company’s ’21 rebound

Melco Resorts & Entertainment saw a horrible first half last year because of COVID-19, but began to see improvements as the year progressed. The company wasn’t able to get back in the black before the year ended, but was headed in the right direction and moved into the new year expecting to see more positive growth. However, as the global pandemic continues to threaten the gaming industry, finding solid ground could prove to be more difficult than many anticipate, and analysts with Moody’s Investors Service aren’t optimistic about Melco’s chances of seeing a lot of improvement this year.

Moody’s has lowered its expectations for the company, not confident that Melco will be able to see any significant gains in the first half of the new year. The firm’s analysts aren’t impressed with a new senior notes offering announced by Melco arm Melco Resorts Finance (MRF). It said this week that it wants to pick up $250 million through the notes that will become due in 2029, but Moody’s has given the offering a rating of Ba2 and assigned it a negative outlook. The analysts added that the position on MRF is intrinsically linked to that of its parent company.

There is to be some improvement in the gaming industry this year, but not enough to put a big dent in the losses gaming operators have already incurred. The analysts add, “Moody’s expects gaming revenue in Macao SAR will improve in 2021 from the very weak level in 2020, underpinned by a rebound in Chinese tourists visiting the territory following the relaxation of some travel restrictions. However, the recovery will be gradual and partial, at least for most of 2021, given the remaining restrictions and social distancing measures and a lingering fear of infection.”

The ongoing issues spell trouble for operators trying to build momentum this year, and Moody’s doesn’t believe Melco will begin to return to pre-COVID-19 levels until next year or, perhaps, the following year. It also anticipates Melco to see greater debt over the next 12-18 months, possibly increasing to as much as $7 billion as it continues to build out its casinos in Macau and Cyprus, and foresees an adjusted debt/EBITDA (earnings before interest, taxes, depreciation and amortization) to jump to about ten times or more this year before settling at around five or six times next year. Not until 2023 will the level drop back down to just four.

Caesars at risk of losing South Korean casino resort

A countdown that could lead to Caesars Entertainment seeing its casino license in South Korea revoked has begun. The company has been trying to put together a foreigner-only casino in Midan City, but has run into problems because of COVID-19. Construction on the property came to an abrupt halt last February and attempts to find new backers to get things going again have failed. Now, South Korea is threatening to cancel Caesars’ permission to complete the project if it doesn’t come up with a solid plan of attack. It has just two months to figure everything out.

The Midan City project was meant to be a joint venture between Caesars and a real estate development company out of China. $150 million had already been poured into the construction of the property before coronavirus launched its massive global assault and upended the global gaming space. When the impact the pandemic was to have on the world became known, Caesars found itself in a tight spot, with construction company Ssanye Construction unable to provide the $27.3 million it had promised. 

South Korean media reports that the delay in getting things restarted isn’t sitting well with local leaders, warning that, if a ”Caesars Korea Composite Resort (RFCZ) of Midan City is not approved for business changes by March 17, the casino prior permission will be revoked if the Ministry of Culture, Sports and Tourism and the Incheon Free Economic Zone Office get together on 14 June.” This is just the latest step backward for what was to be a huge step forward for Caesars in South Korea.

The massive project, at over 410,000 square feet, was first approved in 2014 when Caesars was given permission to bring the resort to life. Once construction is complete, the casino license would be issued, if approved, following a review by regulators of the property. However, issues have cropped up since everything first began, with multiple delays in timelines being introduced and local authorities are reportedly now short on patience.

Korean baseballers mired in gambling scandal

The Korean Baseball Organisation (KBO) is facing a betting scandal on the eve of the 2021 season. The KBO disclosed that two players from the Doosan Bears have become involved in illegal sports betting. Sports gambling is illegal under local laws in Korea and the KBO specifically prohibits players from gambling.

The Doosan Bears disclosed to the KBO earlier this week that two players had been found to have purchased sports betting tickets. The Bears asked the KBO to transfer catcher Kwon Ki-Young and pitcher Jeong Hyun-Wook to the inactive list. The Bears advised the league that they will fully cooperate in the investigation of the pair.

Jeong allegedly bought tickets on the Sports Toto lottery in Korea, while Kwon allegedly used illegal betting sites. Sports Toto remains the only legal gambling option for Koreans locally, but local players face strict sanctions from the KBO for gambling.

The Bears released a statement to the media in response to the ongoing investigation. “In the process of interviewing with Jeong Hyun-Wook, who recently had a personal debt problem, he confirmed that he played sports Toto, which is forbidden by athletes. Kwon Ki-young also accessed inappropriate speculative sites in the process of conducting a thorough investigation of the entire team. And reported it to the KBO Clean Baseball Center.”