Monthly Archives: August 2015

Scientific Games Corp Stock Rating Reaffirmed by Janney Montgomery Scott

‘s stock had its “neutral” rating reiterated by equities research analysts at Janney Montgomery Scott in a research report issued to clients and investors on Monday, MarketBeat reports. In other Scientific Games Corp news, insider Steven Beason sold 13,790 shares of the stock in a transaction on Friday, June 26th.

Sylvain Loosli Wins the EPT Barcelona €50k Super High Roller

Sylvain Loosli has won the European Poker Tour €50,000 Super High Roller after beating Polish superstar Dzmitry Urbanovich in heads-up action. 

Sylvain Loosli has won the European Poker Tour (EPT) Barcelona €50,000 Super High Roller, after topping a record field of 99 entrants, including the impressive Pole Dzmitry Urbanovich in heads-up action.

It was a tremendous show of grit, determination and a lashing of lady luck after Loosli doubled up no fewer than four times, and came back from a four big blind stack, to take the €1.2m first prize.

The Winamax sponsored pro continues to impress on the EPT circuit. He finished eighth in the €10,300 No-Limit Hold’em (NLHE) High Roller at EPT Malta for €75,000, and was runner-up to Philipp Gruissem in a €5,300 NLHE 8-Handed side event at the EPT Grand Final in Monte Carlo for €99,800.

Harry Lodge Wins the Sky Poker 6-Max UK Poker Championships

Harry Lodge has taken the top prize in the Sky Poker 6-Max UK Poker Championships, after defeating Richard Hawes in heads-up action at Dusk Till Dawn, Nottingham.

[Image Credit: PokerNews]

Harry Lodge is the new Sky Poker 6-Max UK Poker Champion. The 21-year old economic student beat Richard Hawes in heads-up action to claim the £60,000 first prize at Dusk Till Dawn in Nottingham.

The event organizers slapped a £250,000 guarantee on the event; brave considering the maelstrom of activity that is currently taking place at the European Poker Tour (EPT) in Barcelona. 475 players paid the £550 buy-in and the guarantee was breached by £7,000. According to PokerNews, similar guarantees were met in the other major events throughout this festival.

Atlantic City casino profits up in Q2 but more competition is on the way

Seven of Atlantic City’s eight surviving casinos enjoyed a profit boost in the first half of 2015, but more regional competition is headed their way.

Figures released on Monday by the New Jersey Division of Gaming Enforcement showed total revenue – including both land-based and online gaming, hotel, food & beverage, et al – at AC’s eight gaming venues rose 2.6% to $875.3m in the three months ending June 30. More importantly, operating profits were up 28.3% to $132.1m.

Of the five casinos to post year-on-year gains, the Borgata led the way, with revenue up 2.8% to $247.4m. The biggest year-on-year improvement came from the Golden Nugget, which gained 16.3% to $71.1m. At the other end of the revenue spectrum, the Trump Taj Mahal fell 12.4%, while Bally’s was down 3.3% and Caesars AC slipped 1.5%.

The Taj was also the only casino to record a profit decrease in Q2, falling a hefty 150% to a net loss of $900k. The Golden Nugget shone in this category as well, with profit up 902% to $7.8m. Resorts also exceeded expectations, boosting profits by 153% to $4.9m.

Mario Lopez Wins the ESPT Barcelona Main Event; Lynn Gilmartin Wins the EPT Ladies Event

Mario Lopez and Lynn Gilmartin have both won record-breaking events as part of the European Poker Tour Festival in the Casino Barcelona. 

[Image Credit: PokerNews]

Mario Lopez has won the Season 6 Estrellas Poker Tour (ESPT) Main Event in Barcelona. He defeated Jonn Forst in heads-up action, after the pair had cut a deal to lessen the pain for the loser.

It was the largest Estrellas Main Event field in the history of the tour. 3,292 entrants created a huge prize pool of €3,193,240, and the players finishing in the top five positions all cut six figure checks.

Casino-related crime in Macau spikes more than one-third in first half of 2015

Casino-related crime in Macau rose more than one-third in the first half of 2015 but politicians claim the spike is unrelated to the city’s ongoing gaming revenue slump.

On Friday, Macau’s Secretary for Security Wong Sio Chak released the latest crime statistics compiled by the special administrative region’s police. The number of criminal cases related to Macau’s gaming industry rose 34.5% to 679, despite Macau’s overall number of criminal cases falling 0.9% to 7,025. Worse, the pace of casino crime is accelerating, as Q1’s total was up only 22.5% year-on-year.

The most striking rise came in the number of unlawful detention cases – where gamblers who can’t pay their debts are held against their will while friends or relatives on the mainland scramble to make the lenders whole – which rose 112.5% to 170, while usury and loan-sharking cases were up 39%.

Violent crimes were (mercifully) up a mere 3% and Macau recorded no instances of murder, kidnapping or crimes related to triad groups. Counterfeit currency cases fell 55.4%, because when there’s a lot less real money floating around, there’s fewer opportunities to pass the bogus bucks.

Pa. Mega Millions ticket wins $1 million

Mega Millions has minted its latest millionaire in Pennsylvania, with a ticket sold in Juniata County winning $1 million in the game’s most recent drawing. Other lottery news from the weekend includes Cash 5 jackpot wins in Swedesboro and Bethlehem, rising Mega Millions and Powerball jackpots, and the launch of the latest Millionaire Raffle game.

Genting Alderney strike exclusive live dealer casino deal with Evolution Gaming

Live dealer online casino specialists Evolution Gaming have inked an exclusive deal with Genting Alderney‘s online gambling site.

Genting Alderney, a division of Malaysian land-based casino operator Genting, launched its Genting Bet online gambling site in January 2014. It soon added a live dealer casino product courtesy of Comtrade Gaming, but on Monday, Genting announced Evolution would be handling all its live dealer activity going forward.

Evolution says the plan is to launch on GentingCasino.com by the end of this month, featuring a full range of Evolution live dealer products – roulette, blackjack, baccarat, casino hold’em, three-card poker and immersive roulette – for desktop, tablet and smartphone devices. Later this year, Evolution will launch a Genting-branded dedicated environment at Evolution’s main studios in Riga, Latvia.

Genting Alderney managing director Peter Nolan said the decision to make a live dealer switch came following a strategic review, which determined that Evolution’s “clear focus on helping operators create meaningful differentiation for their brands” was just what Genting needed.

Jason Somerville Partners with DraftKings

Jason Somerville has been a major part of one of the biggest growth markets in the world of poker: the advent of live streaming poker, primarily on Twitch. Now, he’s set to be heavily involved in another quickly growing segment of a popular industry: daily fantasy sports. Somerville has entered into a partnership with DraftKings, […]

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