Monthly Archives: June 2016

WSOP Day 18 Recap:  Benny Glaser, Michael Gagliano Capture Gold

On WSOP Day 18, Jason Mercier didn’t win a bracelet, although he is still in the running for yet another one that wraps up on Monday. Meanwhile, a few other poker players grabbed the spotlight. One of those honors went to Benny Glaser, also a bracelet winner last year in the $1,500 Limit 2-7 Triple […]

The post WSOP Day 18 Recap:  Benny Glaser, Michael Gagliano Capture Gold appeared first on .

WSOP Day 18 Recap:  Benny Glaser, Michael Gagliano Capture Gold

On WSOP Day 18, Jason Mercier didn’t win a bracelet, although he is still in the running for yet another one that wraps up on Monday. Meanwhile, a few other poker players grabbed the spotlight. One of those honors went to Benny Glaser, also a bracelet winner last year in the $1,500 Limit 2-7 Triple […]

The post WSOP Day 18 Recap:  Benny Glaser, Michael Gagliano Capture Gold appeared first on .

Gaming Industry News Weekly Recap – Stories You Might Have Missed

THE AMERICAS

California’s online poker vote was postponed to discuss new ‘bad actor’ amendments; New York approved daily fantasy sports legislation but the attorney general says fraud lawsuits will continue; New York’s Senate approved online poker for the first time but the Assembly balked; DraftKings and FanDuel were said to be holding merger talks; New Jersey regulators said GVC Holdings’ grey/black market businesses weren’t a problem and PokerStars New Jersey failed to maintain its initial momentum; Canada’s sports betting bill got its second reading in Parliament; Loto Quebec’s online gambling revenue rose one-third last year while a Supreme Court ruling cast further doubt on Quebec’s IP-blocking plans; five Atlantic City casinos are facing a workers’ strike on July 1; the Massachusetts Lottery got a little closer to launching online sales; Rafi Farber warned investors that they were buying Churchill Downs stock at their own risk; UNLV’s Daniel Sahl revealed how innovation will lure millennials onto the casino floor; American Gaming Association CEO Geoff Freeman told Rebecca Liggero how protecting sports integrity will speed betting legalization and Lee Davy recapped all the action at the World Series of Poker 2016.

EUROPE, MIDDLE EAST and AFRICA

Betfred was fined over £800k for shoddy ‘know your customer’ procedures; Russia got its second licensed online sports betting site; Euro 2016 is expected to boost German sports betting market over €5b; Dafabet inked a Premier League shirt deal with Burnley FC; South African casino operators protested the government issuing a new casino license; Israel’s finance minister publicly opposed the government’s casino plans; attorney Justin Franssen explained why Netherlands gaming regulators can’t get out of the slow lane; iSport Genius’ Nathan Rothschild talked up the benefits of big data for sports betting operators and Paysafe’s Neil Erlick explained the need to incentivize consumers to get money onto sites.

Gaming Industry News Weekly Recap – Stories You Might Have Missed

THE AMERICAS

California’s online poker vote was postponed to discuss new ‘bad actor’ amendments; New York approved daily fantasy sports legislation but the attorney general says fraud lawsuits will continue; New York’s Senate approved online poker for the first time but the Assembly balked; DraftKings and FanDuel were said to be holding merger talks; New Jersey regulators said GVC Holdings’ grey/black market businesses weren’t a problem and PokerStars New Jersey failed to maintain its initial momentum; Canada’s sports betting bill got its second reading in Parliament; Loto Quebec’s online gambling revenue rose one-third last year while a Supreme Court ruling cast further doubt on Quebec’s IP-blocking plans; five Atlantic City casinos are facing a workers’ strike on July 1; the Massachusetts Lottery got a little closer to launching online sales; Rafi Farber warned investors that they were buying Churchill Downs stock at their own risk; UNLV’s Daniel Sahl revealed how innovation will lure millennials onto the casino floor; American Gaming Association CEO Geoff Freeman told Rebecca Liggero how protecting sports integrity will speed betting legalization and Lee Davy recapped all the action at the World Series of Poker 2016.

EUROPE, MIDDLE EAST and AFRICA

Betfred was fined over £800k for shoddy ‘know your customer’ procedures; Russia got its second licensed online sports betting site; Euro 2016 is expected to boost German sports betting market over €5b; Dafabet inked a Premier League shirt deal with Burnley FC; South African casino operators protested the government issuing a new casino license; Israel’s finance minister publicly opposed the government’s casino plans; attorney Justin Franssen explained why Netherlands gaming regulators can’t get out of the slow lane; iSport Genius’ Nathan Rothschild talked up the benefits of big data for sports betting operators and Paysafe’s Neil Erlick explained the need to incentivize consumers to get money onto sites.

New York approves daily fantasy sports legislation but AG says fraud suits still on

Daily fantasy sports operators are breathing a little easier after New York state legislators approved bills to regulate the DFS industry.

The state Assembly approved their bill on Friday afternoon while the Senate had to go deep into the night before granting their assent. Gov. Andrew Cuomo now has 10 days in which to sign the bill into law.

Assuming Cuomo signs, operators who were active in the state before New York Attorney General Eric Schneiderman issued his cease & desist orders on Nov. 10, 2015 will be eligible for temporary permits to offer DFS contests, although there’s no timeline for how soon these permits might be issued.

The news comes as a major relief to DraftKings and FanDuel, who in March had halted real-money play in New York after striking a deal with Schneiderman. New York is considered to be the single biggest state market for DFS and neither profit-poor operator relished the idea of heading into the upcoming NFL season without its main money maker.

New York approves daily fantasy sports legislation but AG says fraud suits still on

Daily fantasy sports operators are breathing a little easier after New York state legislators approved bills to regulate the DFS industry.

The state Assembly approved their bill on Friday afternoon while the Senate had to go deep into the night before granting their assent. Gov. Andrew Cuomo now has 10 days in which to sign the bill into law.

Assuming Cuomo signs, operators who were active in the state before New York Attorney General Eric Schneiderman issued his cease & desist orders on Nov. 10, 2015 will be eligible for temporary permits to offer DFS contests, although there’s no timeline for how soon these permits might be issued.

The news comes as a major relief to DraftKings and FanDuel, who in March had halted real-money play in New York after striking a deal with Schneiderman. New York is considered to be the single biggest state market for DFS and neither profit-poor operator relished the idea of heading into the upcoming NFL season without its main money maker.