Monthly Archives: May 2016

WSOP Wants to Hear Your Thoughts in Upcoming Twitch Q&A

The 2016 World Series of Poker (WSOP) is almost here, and this year the organizers are engaging fans and players ahead of the festival. Continuing the recent trend of asking players and industry insiders for their feedback, the WSOP will be hosting a Town Hall video conference on Twitch this coming week. Set to take […]

The post WSOP Wants to Hear Your Thoughts in Upcoming Twitch Q&A appeared first on .

WSOP Wants to Hear Your Thoughts in Upcoming Twitch Q&A

The 2016 World Series of Poker (WSOP) is almost here, and this year the organizers are engaging fans and players ahead of the festival. Continuing the recent trend of asking players and industry insiders for their feedback, the WSOP will be hosting a Town Hall video conference on Twitch this coming week. Set to take […]

The post WSOP Wants to Hear Your Thoughts in Upcoming Twitch Q&A appeared first on .

Gaming Industry News Weekly Recap – Stories You Might Have Missed

THE AMERICAS

PokerStars claimed New Jersey online poker dominance after its first full month of operation; the first Congressional hearing into daily fantasy sports proved anticlimactic; Brazil pols predicted a June vote on the country’s online gambling legislation; Sen. Lindsey Graham tried a backdoor approach to passing anti-online gambling legislation; WSEX co-founder Haden Ware was spared jail time at his Manhattan court sentencing; Canada’s Intertain Group posted a rare profit and mulled a corporate move to Europe; Caesars Entertainment received unsolicited offers of up to $4b for its interactive unit; Playtech’s Euro Partners affiliate program exited Canada (again); PayPal said it was scrapping online gambling payment protection in the US, Canada and other countries; Costa Rica said it wasn’t investigating online sportsbook 5Dimes over money laundering allegations; Nevada gaming regulators fined Las Vegas Sands $2m for violating state gaming rules; Station Casinos announced a $312m deal to buy the Palms Casino Resort; William Hill US signed up two more Nevada sports betting clients; Kentucky Derby betting handle fell after Betfair’s TVG betting site went offline while an artificial intelligence platform accurately predicted the first four finishers in their correct order.

EUROPE

William Hill’s digital division reported an underwhelming start to 2016; France’s regulated online poker market posted its first revenue gains since 2011 while Spain’s online gambling revenue soared following slots legalization; the Netherlands told app stores to purge 49 real-money online gambling apps; 32Red inked a shirt sponsorship with Premier Leaguers Leeds United; Cherry AB and its Yggdrasil Gaming offshoot both reported triple-digit revenue gains; Amaya Gaming set a May 17 date for scrapping its Full Tilt brand while keeping mum on what prompted PokerStars to refund some Spin & Go player losses; online casino operator LeoVegas launched its Kambi-powered sportsbook; Russia proposed banning bookmakers from having any international subsidiaries; Italian police busted yet another Malta-linked online betting ring; 888 Holdings shares slumped after company co-founders sold off their £57m stake while 888Poker ambassador Sofia Lovgren said she was aiming for a more productive 2016.

Gaming Industry News Weekly Recap – Stories You Might Have Missed

THE AMERICAS

PokerStars claimed New Jersey online poker dominance after its first full month of operation; the first Congressional hearing into daily fantasy sports proved anticlimactic; Brazil pols predicted a June vote on the country’s online gambling legislation; Sen. Lindsey Graham tried a backdoor approach to passing anti-online gambling legislation; WSEX co-founder Haden Ware was spared jail time at his Manhattan court sentencing; Canada’s Intertain Group posted a rare profit and mulled a corporate move to Europe; Caesars Entertainment received unsolicited offers of up to $4b for its interactive unit; Playtech’s Euro Partners affiliate program exited Canada (again); PayPal said it was scrapping online gambling payment protection in the US, Canada and other countries; Costa Rica said it wasn’t investigating online sportsbook 5Dimes over money laundering allegations; Nevada gaming regulators fined Las Vegas Sands $2m for violating state gaming rules; Station Casinos announced a $312m deal to buy the Palms Casino Resort; William Hill US signed up two more Nevada sports betting clients; Kentucky Derby betting handle fell after Betfair’s TVG betting site went offline while an artificial intelligence platform accurately predicted the first four finishers in their correct order.

EUROPE

William Hill’s digital division reported an underwhelming start to 2016; France’s regulated online poker market posted its first revenue gains since 2011 while Spain’s online gambling revenue soared following slots legalization; the Netherlands told app stores to purge 49 real-money online gambling apps; 32Red inked a shirt sponsorship with Premier Leaguers Leeds United; Cherry AB and its Yggdrasil Gaming offshoot both reported triple-digit revenue gains; Amaya Gaming set a May 17 date for scrapping its Full Tilt brand while keeping mum on what prompted PokerStars to refund some Spin & Go player losses; online casino operator LeoVegas launched its Kambi-powered sportsbook; Russia proposed banning bookmakers from having any international subsidiaries; Italian police busted yet another Malta-linked online betting ring; 888 Holdings shares slumped after company co-founders sold off their £57m stake while 888Poker ambassador Sofia Lovgren said she was aiming for a more productive 2016.

Cherry online revenue rises 118% in Q1; Yggdrasil revenue spikes 519%

Nordic gambling operator Cherry AB’s online revenue in the first quarter of 2016 more than doubled from the same period last year.

For the three months ending March 31, Cherry’s overall revenue grew 86% to SEK 177.3m (US $21.5m) while the company reported positive earnings of SEK 26.5m compared to a loss of SEK 11.8m in the same period last year and an after-tax profit of SEK 17.5m.

Online revenue spiked 118% to SEK 127.3m. Online now accounts for 78% of overall revenue, up from 63% in the same quarter last year. The ranks of new online customers underwent a similar surge, topping 104k compared to less than 37k in Q1 2015.

The online gains reflect contributions from 2015’s lengthy list of acquisitions, which included the Game Lounge affiliate business, Almor’s German-facing brands, some Finnish affiliate domains and Malta-based Moorgate Media.

Cherry online revenue rises 118% in Q1; Yggdrasil revenue spikes 519%

Nordic gambling operator Cherry AB’s online revenue in the first quarter of 2016 more than doubled from the same period last year.

For the three months ending March 31, Cherry’s overall revenue grew 86% to SEK 177.3m (US $21.5m) while the company reported positive earnings of SEK 26.5m compared to a loss of SEK 11.8m in the same period last year and an after-tax profit of SEK 17.5m.

Online revenue spiked 118% to SEK 127.3m. Online now accounts for 78% of overall revenue, up from 63% in the same quarter last year. The ranks of new online customers underwent a similar surge, topping 104k compared to less than 37k in Q1 2015.

The online gains reflect contributions from 2015’s lengthy list of acquisitions, which included the Game Lounge affiliate business, Almor’s German-facing brands, some Finnish affiliate domains and Malta-based Moorgate Media.