Monthly Archives: June 2016

Pennsylvania gets new daily fantasy sports bill, committee vote June 15

Pennsylvania has a new daily fantasy sports bill to consider as the clock continues to count on the legislature’s current session.

On Thursday, Pennsylvania state Rep. George Dunbar (pictured) filed HB 2150 (viewable here) aka the Fantasy Sports Consumer Protection Act, an updated version of the legislation Dunbar filed last year. The House Gaming Oversight Committee, of which Dunbar is a member, has scheduled a vote on HB 2150 for June 15 at 9am.

The bill would allow the state’s licensed casino operators to apply to add DFS to their list of gaming options but it doesn’t follow the recommendation in last month’s Pennsylvania Gaming Control Board report that would have compelled standalone DFS operators to partner with one of the state’s brick-and-mortar operators.

The bill requires would-be DFS license applicants to ante up fees of $50k or 7.5% of their revenue from Pennsylvania players, whichever is less, while license renewals will cost $5k. Licensed DFS operators will also have to pay 5% tax on their revenue derived from Pennsylvania players, payable on a quarterly basis.

Pennsylvania gets new daily fantasy sports bill, committee vote June 15

Pennsylvania has a new daily fantasy sports bill to consider as the clock continues to count on the legislature’s current session.

On Thursday, Pennsylvania state Rep. George Dunbar (pictured) filed HB 2150 (viewable here) aka the Fantasy Sports Consumer Protection Act, an updated version of the legislation Dunbar filed last year. The House Gaming Oversight Committee, of which Dunbar is a member, has scheduled a vote on HB 2150 for June 15 at 9am.

The bill would allow the state’s licensed casino operators to apply to add DFS to their list of gaming options but it doesn’t follow the recommendation in last month’s Pennsylvania Gaming Control Board report that would have compelled standalone DFS operators to partner with one of the state’s brick-and-mortar operators.

The bill requires would-be DFS license applicants to ante up fees of $50k or 7.5% of their revenue from Pennsylvania players, whichever is less, while license renewals will cost $5k. Licensed DFS operators will also have to pay 5% tax on their revenue derived from Pennsylvania players, payable on a quarterly basis.

888poker Signs Internet Star Chris Moorman to Pro Team

Chris Moorman is the most decorated player in online poker tournament history, with more than $13 million in winnings and a record 25 triple crowns (when a player wins three different tournaments on three different poker networks over the course of any seven-day period). So it’s no surprise that he would be in demand to […]

The post 888poker Signs Internet Star Chris Moorman to Pro Team appeared first on .

888poker Signs Internet Star Chris Moorman to Pro Team

Chris Moorman is the most decorated player in online poker tournament history, with more than $13 million in winnings and a record 25 triple crowns (when a player wins three different tournaments on three different poker networks over the course of any seven-day period). So it’s no surprise that he would be in demand to […]

The post 888poker Signs Internet Star Chris Moorman to Pro Team appeared first on .

Playstudios expand Genting UK partnership

Social casino game developers Playstudios have expanded their partnership with the UK’s second largest casino operator.

On Thursday, the California-based Playstudios announced a deal to provide its popular myVEGAS and myKONAMI free-play online casino products to the over 40 venues that operate under the Genting UK umbrella.

The two parties were already familiar with each other, having struck a deal in February for Playstudios to add Resorts World Birmingham to its list of land-based partners. Playstudios had previously inked similar deals with Resorts World-branded casinos in New York and Bimini in the Bahamas.

Playstudios allows online players to amass reward points that can be redeemed for non-gaming goods and services at its land-based partners’ venues. The company’s other customers include casino operator MGM Resorts, regional airline Allegiant Air and restaurateur Wolfgang Puck.

Resorts World Sentosa sacks 375 staff as China crackdown, VIP debt toll mounts

One of Singapore’s two integrated resorts has cut nearly 400 casino jobs as China’s corruption crackdown take a bite out of gaming revenue.

On Thursday, local media outlet TODAY reported that Genting Singapore’s Resorts World Sentosa (RWS) property had handed walking papers to around 3% of its 12k-strong staff in the past couple weeks. The affected jobs were all directly gaming-related, reflecting the slowdown in the city-state’s casino business over the past year.

Among those affected were 150 croupiers, 200 supervisors and 25 pit managers. A pit manager told TODAY that the property employed a total of 1,400 croupiers, 700 supervisors and 130 pit managers. In February, RWS cut 30 casino jobs but claimed it was part of its annual staff performance review.

A letter given to affected staff indicated that the “very difficult decision” was made “in anticipation that the business situation is unlikely to improve anytime soon.” An RWS spokesman issued a statement saying “the current business environment” made it necessary for RWS’ payroll to “achieve the right size to meet its business needs.”

Resorts World Sentosa sacks 375 staff as China crackdown, VIP debt toll mounts

One of Singapore’s two integrated resorts has cut nearly 400 casino jobs as China’s corruption crackdown take a bite out of gaming revenue.

On Thursday, local media outlet TODAY reported that Genting Singapore’s Resorts World Sentosa (RWS) property had handed walking papers to around 3% of its 12k-strong staff in the past couple weeks. The affected jobs were all directly gaming-related, reflecting the slowdown in the city-state’s casino business over the past year.

Among those affected were 150 croupiers, 200 supervisors and 25 pit managers. A pit manager told TODAY that the property employed a total of 1,400 croupiers, 700 supervisors and 130 pit managers. In February, RWS cut 30 casino jobs but claimed it was part of its annual staff performance review.

A letter given to affected staff indicated that the “very difficult decision” was made “in anticipation that the business situation is unlikely to improve anytime soon.” An RWS spokesman issued a statement saying “the current business environment” made it necessary for RWS’ payroll to “achieve the right size to meet its business needs.”