Monthly Archives: June 2015

Kambi inks sports betting technology deal with Mexico’s PlayCity Casinos

Sports betting B2B technology provider Kambi Sports Solutions has inked an omni-channel deal with Mexico’s PlayCity Casinos.

On Wednesday, Kambi and PlayCity’s parent company Grupo Televisa announced the deal, which will see Kambi deploy its fixed-odds sports betting terminals in two PlayCity Casinos. Assuming this ‘proof of concept’ proves fruitful, the partners envisage expanding Kambi’s presence to PlayCity’s 18 other gaming venues, and possibly an online sportsbook offering as well.

PlayCity’s properties offer slots, bingo and other electronic gaming options in addition to sports betting. Kambi will be tasked with upgrading the latter by providing its managed betting services.

PlayCity director Kevin Rosenberg said his firm was already “very pleased and impressed by the quality of the Kambi offering and the commitment of the organization as a whole.” Kambi Group CEO Kristian Nylen said it looked at Grupo Televisa as “a future market leader in Mexico” and expressed hope that the deal would be “the first step toward a long and successful partnership.”

REXLot In Trading Halt Following Anonymous Attack

The shares of REXLot Holding have been placed in a trading halt as it became the latest Asian company to have its accounting questioned. Its shares slumped to 9.3% to HKD0.44 a share, the lowest since October 2008, following a research report by Anonymous Analytics which alleged that the lottery machine maker had grossly overstated its revenues and other financial data.

Aussie federal police examining Ladbrokes, William Hill in-play betting apps

Australian federal police are looking into whether the local operations of UK-listed bookies Ladbrokes and William Hill are violating the country’s prohibition of online in-play betting.

Last month, the Australian Communications and Media Authority (ACMA) revealed that it was examining the legality of Lads and Hills’ new betting apps, which allowed punters to place online in-play wagers using the voice activation features on their smartphones. The companies claimed this was a legal workaround of the country’s gaming regulations, which restrict in-play betting to n-person wagers at a betting shop or by telephone.

On Wednesday, Aussie media site Mumbrella reported that the ACMA had handed its investigation files to the Federal Police. The ACMA declined to confirm the report, hut under Australia’s Interactive Gambling Act (IGA) 2001, the ACMA is limited to investigating online gambling content that is hosted from outside the country’s borders.

Australia ranks at or near the top of world rankings in terms of global gambling spending and its locally licensed online sports betting firms have pleaded with the country’s politicians to drop the in-play betting ban. Last October, Paddy Power’s new CEO Andy McCue called the in-play ban “something of an oddity” that was hindering growth of Paddy’s Australian online-only Sportsbet operation.

Pro-PokerStars Coalition in California Pushes Online Poker Regulation with Radio Ad Campaign

A new PokerStars coalition has initiated a radio ad campaign in California, one that urges residents of the Golden State to embrace online poker regulation. The newly formed Californians for Responsible iPoker advocacy group, the PR face of PokerStars, along with the Morongo and San Manuel tribal operators, and the state’s three largest card clubs, […]

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Casino M8trix pays $1.5m fine to resolve profit-skimming allegations

The parent company of California cardroom Casino M8trix has agreed to pay $1.5m for violating state gambling regulations.

A year ago, California’s Bureau of Gambling Control (BGC) accused the San Jose gaming venue’s owners of skimming millions of dollars in profits. Eric Swallow, Peter Lunardi and Peter’s wife Jeanine were accused of diverting the money to limited liability corporations controlled by the trio, listing the transfers as expense payments, thereby reducing the property’s net tax obligation to zero.

On Wednesday, the Silicon Valley Business Journal reported that Casino M8trix’s parent company Garden City Inc. had finalized a settlement with the BGC in May. Amongst other transgressions, Garden City copped to having an illegal financial relationship with a gaming services company, not documenting millions of dollars in financial transactions and said Swallow provided false info to the city of San Jose.

The Lunardis, who are parties to the settlement, had their gaming licenses renewed for another two years. Swallow, who was not part of the deal, has administrative hearings scheduled to commence on Aug. 10. The Lunardis claim to have been unaware of the property’s relationship with the financial services companies, which were owned by Swallow’s then-wife Deborah.

WSOP Day 29: 70 Year Old Jon Andlovec Conquers First Super Seniors at WSOP 2015

Jon Andlovec is proof that older poker players still have game. The 70-year-old from Nevada is now the proud owner of the very first Super Seniors gold bracelet and the prize money to go with it. The World Series of Poker added the Super Seniors Championship this year as a way to give players 65 […]

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No DraftKings stake for Disney, ESPN deal confirmed; Draft Ops ink Barclays Center

The Walt Disney Co. has abandoned plans to take a $250m stake in daily fantasy sports (DFS) operator DraftKings, but DraftKings’ exclusive advertising deal with Disney’s sports broadcaster subsidiary ESPN is going ahead.

In April, word spread that Disney was in talks to acquire a significant piece of DraftKings. On Tuesday, tech blog re/code reported that Disney had decided to walk away. No explanation has been provided for Disney getting cold feet, but the company’s traditional anti-gaming stance may have left itself open to accusations of hypocrisy, given the DFS parallels with sports betting.

While DraftKings will have to look elsewhere for sugar daddies, its plan to become ESPN’s exclusive DFS partner was confirmed on Wednesday. Terms of the deal weren’t disclosed, but previous reports said DraftKings would be required to spend $500m on advertising with ESPN properties over a three-year span.

FANDUEL DEEPENS NBA TIES