Monthly Archives: July 2016

UK ad watchdog spanks Paddy Power over misleading Cheltenham TV advert

The Paddy Power half of Paddy Power Betfair has been slammed by the UK’s advertising watchdog over a misleading ad promoting this year’s Cheltenham Festival.

On Wednesday, the UK Advertising Standards Authority (ASA) upheld complaints against a television ad in which an actor manning a “Paddy Power COMPLAINTS” hotline confirmed that the Paddsters’ Cheltenham free bet offer was “available to everyone, even riff raff.”

The ad included a voiceover that promised punters their “money back as a free bet if your horse finishes second in all races” at that year’s Cheltenham. The actor followed up by adding “That’s every single race, every single day.”

The ad received 12 complaints, most of which complained about the ad’s fine print specifying that the offer wasn’t available to anyone the company determined was “abusing the offer or using the offer to guarantee profits regardless of the outcome.” The fine print also stated the betting operator’s right to restrict a select number of customers from claiming any promotional offer.

WSOP Day 35 Recap: Bonomo Still Leads $50K PPC, Three Series Bracelets Find New Homes

On WSOP Day 35, it was finally starting to feel like Justin Bonomo wasn’t going to be denied this time. Bonomo has already made three final tables at this year’s World Series of Poker, but has fallen just short of a win each time (with a 2nd and two 3rd place finishes). On Wednesday, he’ll return as […]

The post WSOP Day 35 Recap: Bonomo Still Leads $50K PPC, Three Series Bracelets Find New Homes appeared first on .

Australia’s Northern Territory says online in-play sports betting not quite dead yet

Online in-play sports betting may be getting a reprieve from Australia’s Northern Territory Racing Commission (NTRC).

On June 10, the NTRC sent its online betting licensees a letter saying they had to shut down their online in-play betting apps within 28 days to “head off future action by the federal government.”

In April, the feds publicly vowed to close the legislative loopholes that led multiple operators to launch voice-activated smartphone apps that circumvented the restrictions on in-play betting. Under the 2001 Interactive Gambling Act, remote in-play betting is permissible only if it’s conducted over a telephone line.

On Wednesday, The Australian reported that the NTRC had sent its licensees a second letter that suggests the in-play apps might survive beyond the July 8 deadline. This latest letter asks licensees to participate in a consultation process on the in-play issue and notes that the change of heart came in response to lobbying by online operators.

Australia’s Northern Territory says online in-play sports betting not quite dead yet

Online in-play sports betting may be getting a reprieve from Australia’s Northern Territory Racing Commission (NTRC).

On June 10, the NTRC sent its online betting licensees a letter saying they had to shut down their online in-play betting apps within 28 days to “head off future action by the federal government.”

In April, the feds publicly vowed to close the legislative loopholes that led multiple operators to launch voice-activated smartphone apps that circumvented the restrictions on in-play betting. Under the 2001 Interactive Gambling Act, remote in-play betting is permissible only if it’s conducted over a telephone line.

On Wednesday, The Australian reported that the NTRC had sent its licensees a second letter that suggests the in-play apps might survive beyond the July 8 deadline. This latest letter asks licensees to participate in a consultation process on the in-play issue and notes that the change of heart came in response to lobbying by online operators.

GVC Holdings Selects Optimove as its Enterprise Customer Marketing Vendor

Following Optimove’s demonstrated success across a number of GVC’s brands, the GVC Group makes the strategic decision to implement Optimove across all properties, world-wide

Barcelona, Spain – 6 July 2016 – Optimove, provider of the leading Customer Marketing Cloud, announced today at the World Gaming Executive Summit that GVC Holdings PLC has selected Optimove to serve as its enterprise CRM and player marketing vendor.

GVC Holdings, owner of household brands including SportingBet, CasinoClub and bwin.party, is the leading operator in the global online gaming space. Following the great success achieved using Optimove within a number of its individual brands, GVC made the strategic decision to base its entire enterprise CRM strategy on Optimove’s software and services.

Optimove enables GVC’s various CRM and marketing operations to consolidate, manage and automate multi-channel customer marketing based on predictive customer modeling technologies. Optimove automatically personalizes, executes and optimizes a complete framework of customer-data-driven campaigns, resulting in increased player spend and engagement, alongside reduced churn.

GVC Holdings Selects Optimove as its Enterprise Customer Marketing Vendor

Following Optimove’s demonstrated success across a number of GVC’s brands, the GVC Group makes the strategic decision to implement Optimove across all properties, world-wide

Barcelona, Spain – 6 July 2016 – Optimove, provider of the leading Customer Marketing Cloud, announced today at the World Gaming Executive Summit that GVC Holdings PLC has selected Optimove to serve as its enterprise CRM and player marketing vendor.

GVC Holdings, owner of household brands including SportingBet, CasinoClub and bwin.party, is the leading operator in the global online gaming space. Following the great success achieved using Optimove within a number of its individual brands, GVC made the strategic decision to base its entire enterprise CRM strategy on Optimove’s software and services.

Optimove enables GVC’s various CRM and marketing operations to consolidate, manage and automate multi-channel customer marketing based on predictive customer modeling technologies. Optimove automatically personalizes, executes and optimizes a complete framework of customer-data-driven campaigns, resulting in increased player spend and engagement, alongside reduced churn.

South Korea’s Netmarble Games among bidders for Caesars Interactive’s Playtika

South Korea’s Netmarble Games Corp is making a play to acquire social casino operator Playtika from casino giant Caesars Entertainment.

On Tuesday, Korean business media outlet Pulse News reported that Netmarble, the mobile game unit of South Korean conglomerate CJ Group, had submitted a letter of intent to purchase Playtika. Netmarble is reportedly lining up financing for the next round of bids scheduled for Thursday.

Korea Economic Daily later reported that Netmarble was prepared to pay between KRW 4t-5t (US $3.4b-$4.3b) and that it was hoping to raise KRW 3t from South Korean institutional investors. Pulse claimed the Israeli-based Playtika would name a preferred bidder this month.

In May, reports surfaced that Caesars was mulling a sale of Caesars Interactive Entertainment (CIE), which includes Playtika, a real-money online gambling operation and the World Series of Poker brand. The reports claimed the companies expressing interest in CIE had valued the company at over $4b.

South Korea’s Netmarble Games among bidders for Caesars Interactive’s Playtika

South Korea’s Netmarble Games Corp is making a play to acquire social casino operator Playtika from casino giant Caesars Entertainment.

On Tuesday, Korean business media outlet Pulse News reported that Netmarble, the mobile game unit of South Korean conglomerate CJ Group, had submitted a letter of intent to purchase Playtika. Netmarble is reportedly lining up financing for the next round of bids scheduled for Thursday.

Korea Economic Daily later reported that Netmarble was prepared to pay between KRW 4t-5t (US $3.4b-$4.3b) and that it was hoping to raise KRW 3t from South Korean institutional investors. Pulse claimed the Israeli-based Playtika would name a preferred bidder this month.

In May, reports surfaced that Caesars was mulling a sale of Caesars Interactive Entertainment (CIE), which includes Playtika, a real-money online gambling operation and the World Series of Poker brand. The reports claimed the companies expressing interest in CIE had valued the company at over $4b.

Season 13 WSOPC Schedule Increases International Presence

The 2016/17 World Series of Poker Circuit schedule hopes to expand its international presence with 13 planned stops outside of the US, the greatest number in the tour’s history.

For 11-years the World Series of Poker Circuit (WSOPC) was instrumental in spreading the gospel of the largest festival in the world by dropping anchor in all corners of America, offering buy-ins ranging from $365 – $1,675.

Something changed during the 12th season. Nobody likes changed. It seems this one, however, worked out quite nicely. WSOP officials decided that it wasn’t much of a World Series of Poker Circuit festival if it never visited the World.

The tour had a makeover. They included five international stops in Marrakech, Montreal, Campione, Tbilisi, and Rozvadov. The latter event attracted 715 runners for the €1,650 Main Event, and also organised a €3,000 Pot-Limit Omaha High Roller, and a €25,000 Super High Roller. Overall, the Main Events at the international stops averaged 536 entrants. It was evident; the world wanted to see more of the WSOPC.

Season 13 WSOPC Schedule Increases International Presence

The 2016/17 World Series of Poker Circuit schedule hopes to expand its international presence with 13 planned stops outside of the US, the greatest number in the tour’s history.

For 11-years the World Series of Poker Circuit (WSOPC) was instrumental in spreading the gospel of the largest festival in the world by dropping anchor in all corners of America, offering buy-ins ranging from $365 – $1,675.

Something changed during the 12th season. Nobody likes changed. It seems this one, however, worked out quite nicely. WSOP officials decided that it wasn’t much of a World Series of Poker Circuit festival if it never visited the World.

The tour had a makeover. They included five international stops in Marrakech, Montreal, Campione, Tbilisi, and Rozvadov. The latter event attracted 715 runners for the €1,650 Main Event, and also organised a €3,000 Pot-Limit Omaha High Roller, and a €25,000 Super High Roller. Overall, the Main Events at the international stops averaged 536 entrants. It was evident; the world wanted to see more of the WSOPC.

Puerto Rico’s Debt Default Opens New Opportunities for Bitcoin

Puerto Rico has defaulted on its debt.

Last week, Puerto Rican Gov. Alejandro Garcia Padilla decided to pay teachers, emergency personnel, and other “critical needs” instead of paying back creditors who hold general obligation bonds, CNN Money reported. The Caribbean island was supposed to make an $800 million payment last July 1, but the government said its finances are in “dire” situation with only about $350 million in cash on hand.

Puerto Rico’s decision to default was expected as the island, which has already defaulted three times on other times of bonds, has warned months back that it wouldn’t have the money to pay for its $70 billion debt.

Still, this event, which hasn’t happened since 1933, may place the U.S. territory in a bad light—and at the same time, create opportunities for digital currencies such as bitcoin in the island. How, you ask?

Worldpay Reveals 85% Boost for Bookmakers as Punters Bet Big on Wales

London – July 2016 – Belgium may have been handed a lesson in football by Wales on Friday night, but according to the latest transaction data from Worldpay, it was the fans that put in a real match-winning performance, with the total value of bets up by 85% compared to the other quarter final matches.

Following the weekend’s quarter-final fixtures, figures from Worldpay, the global leader in payments, reveal that Wales’ clash with Belgium saw a bumper day for betting, peaking at 83 transactions per second as the game kicked off.  During the 90 minutes, the match saw a phenomenal 43% more bets in-play compared to the France vs. Iceland game, when bookmakers saw the lowest interest of this stage in the tournament. Impressively, Wales’ historic victory also saw an average transaction value of nearly £40, one third higher than other fixtures, as punters raised the stakes in hope of making a tidy profit on a Belgian slip-up.

Of course it wouldn’t be an international tournament without some quarter-final drama, and extra time proved to be pivotal for bookies. The Germany vs. Italy and Portugal vs. Poland matches saw a 37% and 38% rise in transactions respectively after the 90 minute mark. Come the semi-finals, bookmakers may be praying for a full time deadlock in hope of making some extra time profit.

Karl MacGregor, Vice President Regulated Gambling, Global eCommerce, at Worldpay said: