Monthly Archives: April 2016

CalvinAyre.com Featured Conferences and Events: May 2016

Brazilian Gaming Congress (BgC)

After a three year hiatus, the second Brazilian Gaming Congress returns to Brasilia to build on the inaugural 2013 event.  While this promising market is moving forward with online gambling regulation, there are still a number of uncertainties and the BgC provides a gathering point for key stakeholders to meet and discuss the way forward.

What: Brazilian Gaming Congress

When: May 11-12, 2016

CalvinAyre.com Featured Conferences and Events: May 2016

Brazilian Gaming Congress (BgC)

After a three year hiatus, the second Brazilian Gaming Congress returns to Brasilia to build on the inaugural 2013 event.  While this promising market is moving forward with online gambling regulation, there are still a number of uncertainties and the BgC provides a gathering point for key stakeholders to meet and discuss the way forward.

What: Brazilian Gaming Congress

When: May 11-12, 2016

Gaming Industry News Weekly Recap – Stories You Might Have Missed

THE AMERICAS

California’s online poker bill got unanimous approval from an Assembly committee but the ‘bad actor’ impasse remains unresolved; DraftKings and FanDuel agreed to halt real-money daily fantasy sports activity in Alabama; US regulatory inertia was blamed for GAN’s £3m loss in 2015; Boyd Gaming made its second major Las Vegas acquisition in a week; Massachusetts regulators rejected Rush Street Gaming’s proposal for a Brockton casino; a federal court in Kentucky tossed a trademark lawsuit against a historical racing operator; March Madness helped Nevada sportsbooks set another betting handle record and Lee Davy examined the effectiveness of the latest World Series of Poker improvements.

EUROPE

CVC Capital Partners acquired a majority stake in German betting operator Tipico; GVC Holdings said it was schooling Bwin.party execs on the need to actually earn bonuses; Bet365’s founding family made the top-25 on the Sunday Times Rich List; Unibet set another revenue record in Q1 and formed its own poker network; NYX Gaming Group doubled revenue but still lost money in 2015; Italy’s online market rose more than one-fifth in Q1; Gala Coral Group was penalized £880k for shoddy AML and KYC procedures; Paddy Power Betfair mulled merging their media spend into a single agency; a medical official blamed betting shops for Britain’s obesity epidemic; Cozy Games’ Sreeram Vanga explained why affiliates need to embrace gamification and Media Skunk Works’ Paul Reilly said affiliates needed to realize that Google is not stupid; former footballer and Colossus Bets ambassador Michael Owen offered his picks for Euro 2016; eSports skin betting was said to be a $5b market and Becky Liggero offered her top-five takeaways from the eSports Conference Europe’s betting panels.

Gaming Industry News Weekly Recap – Stories You Might Have Missed

THE AMERICAS

California’s online poker bill got unanimous approval from an Assembly committee but the ‘bad actor’ impasse remains unresolved; DraftKings and FanDuel agreed to halt real-money daily fantasy sports activity in Alabama; US regulatory inertia was blamed for GAN’s £3m loss in 2015; Boyd Gaming made its second major Las Vegas acquisition in a week; Massachusetts regulators rejected Rush Street Gaming’s proposal for a Brockton casino; a federal court in Kentucky tossed a trademark lawsuit against a historical racing operator; March Madness helped Nevada sportsbooks set another betting handle record and Lee Davy examined the effectiveness of the latest World Series of Poker improvements.

EUROPE

CVC Capital Partners acquired a majority stake in German betting operator Tipico; GVC Holdings said it was schooling Bwin.party execs on the need to actually earn bonuses; Bet365’s founding family made the top-25 on the Sunday Times Rich List; Unibet set another revenue record in Q1 and formed its own poker network; NYX Gaming Group doubled revenue but still lost money in 2015; Italy’s online market rose more than one-fifth in Q1; Gala Coral Group was penalized £880k for shoddy AML and KYC procedures; Paddy Power Betfair mulled merging their media spend into a single agency; a medical official blamed betting shops for Britain’s obesity epidemic; Cozy Games’ Sreeram Vanga explained why affiliates need to embrace gamification and Media Skunk Works’ Paul Reilly said affiliates needed to realize that Google is not stupid; former footballer and Colossus Bets ambassador Michael Owen offered his picks for Euro 2016; eSports skin betting was said to be a $5b market and Becky Liggero offered her top-five takeaways from the eSports Conference Europe’s betting panels.

Tennessee guv signs daily fantasy sports bill; DraftKings, FanDuel exit Alabama

Daily fantasy sports operators DraftKings and FanDuel have announced their exit from the Alabama market ahead of the state attorney general’s deadline for doing so.

On April 5, Alabama AG Luther Strange sent letters to the two DFS operators, ordering them to cease and desist all real-money activity with state residents as of May 1. On Friday, the AG’s office issued a statement saying the operators had reached a settlement to comply with Strange’s order as of May 2.

Strange said both operators had agreed to block customers with Alabama IP addresses from accessing paid fantasy contests on their websites and to process Alabama customer account withdrawal requests within seven business days of receiving such requests.

FanDuel issued a statement to its Alabama customers maintaining the company’s belief that it had “always operated within the law in Alabama” and would be “working hard to clarify the law in Alabama with the aim of bringing our contests back to the state at some point in the future.”