Monthly Archives: June 2015

Bwin.party shares tumble as PartyGaming co-founders dump holdings

UK-listed online gambling operator Bwin.party digital entertainment saw its shares fell over 7% on Friday on news that its biggest stakeholders were divesting themselves of their holdings.

On Friday, Bwin.party confirmed that PartyPoker founders Ruth Parasol DeLeon and James Russell DeLeon had put their combined 50m shares of Bwin.party up for sale. The share placement represents around 7% of Bwin.party’s outstanding shares. The DeLeons used to own 14% of Bwin.party before selling a significant chunk to Jason Ader’s Spring Owl Investment in February 2014.

Under an arrangement reached in 2013, the DeLeons – who were formally man and wife — were due to sell their shares by October after placing them in two independent trusts (Emerald Bay Ltd. and Stinson Ridge Ltd.). This move was deemed necessary in order to remove any lingering regulatory obstacles to Bwin.party being licensed in New Jersey that might have arisen over PartyGaming’s involvement in the US grey market before the 2006 passage of the Unlawful Internet Gambling Enforcement Act.

PartyGaming reached a $105m settlement with the US Department of Justice in 2009 to atone for its pre-UIGEA US market activities. In a separate deal, former PartyGaming top exec Anurag Dikshit agreed to forfeit $300m to resolve his personal federal liabilities but the DeLeons never bothered to strike similar deals.

How big does the lottery jackpot need to be to let you quit your job?

Sure, someone has to win, but banking your future well-being on a cheap ticket, a handful of carefully chosen numbers and near-impossible odds isn’t financial planning – it’s wishful thinking. But if you’re fond of daydreaming about winning the big jackpot – Friday’s Lottomax jackpot is $38 million, after all – how much would you actually need to win to quit your job for good? That depends on an array of factors, including how you plan to live your live going forward, how old you are and what kind of financial legacy you want to leave, says investment adviser Kathryn Del Greco at TD Wealth.

Penn National appoints Bob Sheldon as president; Aristocrat Names Brooks Pierce as MD

Penn National Gaming, Inc. has appointed Bob Sheldon as President of Las Vegas Operations effective July 6.

Sheldon will oversee the operations of Tropicana Las Vegas following the completion of the company’s acquisition of the property, which is expected to occur later this year. Sheldon will report directly to Penn National CEO Jay Snowden.

Sheldon currently serves as the General Manager of Hollywood Casino at Kansas Speedway, which opened in February 2012.

Snowden said that Sheldon has been a key member of Penn National’s integration planning team for a smooth transition at the Tropicana Las Vegas.

500 Flutterclub Launches Affiliate Programme with Income Access

Montreal, QC. June 11th, 2015 – Flutterclub,a leading crypto currency online casino and sportsbook platform operated by Dublin-based company Social Gaming Ventures Ltd. (SGV), has announced the launch of its new affiliate programme in partnership with Income Access, a turnkey provider of technology and digital marketing services for the iGaming industry. Flutterclub’s new affiliate programme has integrated with Income Access’ award-winning affiliate management platform.

Created in 2012 as a fantasy betting and social networking platform, Flutterclub was re-launched in 2014 as an English- and Chinese-language crypto currency online casino and sportsbook. The brand offers players more than 40 casino games, including baccarat, blackjack, poker, roulette and slots, as well as other options like virtual horseracing and minesweeper.

Licensed in Ireland and one of the few regulated crypto currency platforms, Flutterclub allows players to carry out instant deposits and withdrawals with no bank involvement. The brand also includes exclusive crypto currency play options that are not available on other platforms.

Flutterclub features enticing player bonuses. Until 31 August 2015, playerswill be offered a 100% bonus on their first deposit in casino games, as well as further deposit bonuses of up to one Bitcoin ($225) and 8% cash-back on sportsbook losses.

Sheriff's office warns of aggressive 'Jamaican lottery' calls after resident loses $500K

Harrison County Sheriff’s Office is warning about aggressive calls involving the “International Jamaican Lottery” after at least one resident in the area lost hundreds of thousands of dollars. The call involves tricking residents into believing they’ve won a lottery by using personal information about them – gathered on the Internet – and then taking their money with a “bait and switch.”

Calling the Clock: Hellmuth Wins Bracelet 14; 888Poker Pick up Nitsche; and PokerStars Offer the Chance to Play With Neymar

Lee Davy brings you up to speed with the latest poker news including more Phil Hellmuth white magic, a full round up of the winners of the 46th Annual World Series of Poker, news of a hook up between Dominik Nitsche and 888Poker, and the chance to play poker with Brazilian footballing star Neymar Jr.

Phil Hellmuth and the World Series of Poker (WSOP) are always going to be inextricably linked. You won’t see the Poker Brat playing on the European Poker Tour (EPT), and his forays into the World Poker Tour (WPT) are few and far between. Hellmuth feeds off the power of the WSOP. It’s the only charge he needs, and each year he lights the whole place up.

The one trick pony is now a two trick pony, after winning his second razz bracelet, and his 14th overall. Hellmuth defeated Mike Gorodinsky in heads-up action to take the $271,105 first prize in the $10,000 version of the event. A 2012 WSOPE Main Event win apart, this is his second successive non Hold’em bracelet, after winning the $2,500 razz event in 2012 for $182,793.

It was Hellmuth’s 109th WSOP cash, his 52nd final table, and he has now earned $12,783.905 in WSOP cashes. The 50-year old wasn’t the only player slapping gold onto his wrist. Here are 10 more bracelet wins to get you up to speed with.

WhichBingo Awards 2015 Recap & Winners

The 12th Annual WhichBingo Awards took place last night at London’s HMS President along Victoria Embankment.  Dozens of online bingo professionals gathered for cocktails and canapés before sitting down for comedic entertainment and a swift delivery of ten awards.

Stand-up comedian (and star of Winner Bingo’s TV advert) Sanderson Jones added a great touch to the evening, absolutely delighting the crowd with outrageous comments and clever infographics.

Directly following the awards delivery, guests were invited to an open bar and an evening of interviews, celebration and networking.  Congratulations to all the winners and thank you to the fine WhichBingo team for organizing such a lovely event.

WhichBingo Awards 2015 Winners:

Play Poker With Neymar Jr at EPT Barcelona; Argentina Win Americas Cup of Poker

PokerStars are running a series of online qualifiers where the winners will get the chance to meet, watch, and play with Barcelona and Brazilian star Neymar Jr., at the kick off to the 12th Season of the European Poker Tour in Barcelona, and Argentina are crowned champions of the Americas Cup of Poker.

When PokerStars announced the Brazilian and Barcelona star, Neymar Jr., would be joining as their new ambassador, the setting was ripe for a sweet unveil at the European Poker Tour (EPT) Season 12 kick starter in Barcelona.

They haven’t disappointed.

If you play your poker on PokerStars then you will get the opportunity to not only meet the person who scored the 2015 Champions League winning goal, but will also get to watch him play for the Catalan giants, and get the opportunity to sit down and play a heads-up poker match against the guy.

Auburn musician scores $50,000 Lottery win

Nicholas Deonigi of Auburn is excited to fuel his career as a musician thanks to his $50,000 Lottery win claimed on May 26. Deonigi purchased a “Lucky 13” Scratch ticket from Preston General Store in Preston on his way to play golf with some friends. “I had a show the night before, I was pretty tired and wanted to stop at the store to get some coffee,” Deonigi shared with Lottery officials.

Amid controversy in Boston, Mohegans 'open to opportunities'

With Massachusetts’ top gaming regulator under investigation and Boston’s mayor suggesting that the awarding of the Boston-area casino license last year may have to be revisited, Mohegan Sun officials say the Mohegan Tribal Gaming Authority remains “open to opportunities.” The authority, which proposed a casino in Revere, Mass., lost out to Wynn Resorts’ plan for an Everett project in a two-way competition. Mohegan Sun joined the City of Revere in suing the Massachusetts Gaming Commission over its awarding Wynn the coveted license.  The City of Boston, contending it should have been regarded as a host community for the Everett project, also sued the commission.