Monthly Archives: August 2016

Jason Koon Takes Down Seminole Hard Rock Poker Open Championship Main Event for a Cool Million

Jason Koon is the first $1 million winner in a live poker tournament since this summer’s World Series of Poker (WSOP). The high stakes pro took down the Seminole Hard Rock Poker Open championship Main Event in Hollywood, Florida. He beat out an 847-player field to take home the biggest score of his already impressive […]

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EPT Barcelona Kicks Off Another Season of European Poker Action, But Hold Onto Your Wallet

EPT Barcelona kicked off in Spain on Tuesday, giving Jonesing poker players still going through withdrawal from the World Series of Poker in Las Vegas another hit. The series is the first of the European Poker Tour (EPT) season, now in its 13th year. Taking place in the thriving Spanish city between August 16 and August […]

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Careers Convention on SiGMA Day Two for all graduates

The Malta Gaming week will this year feature a careers convention for all developers and graduates seeking a career in igaming.

SiGMA’s ultimate goal is to bring the entire gaming community together, from affiliates and operators to regulators and vendors. This year, it also wants to serve the purpose of recruitment in Malta. In the words of SiGMA’s Eman Pulis, “It is well-known that recruitment remains one of the trickiest aspects, often leaving developers in short supply and an increasing number of graduates looking to form part of the gaming industry. This is where SiGMA can provide an excellent platform on Maltese shores.”

For this reason, on day two of SiGMA16, the doors will be open to all ICT, Law, Accountancy and other graduates and student organisations from 14:00 till 18:00. Partnerships have also been cemented with the MCAST College as well as a number of private ICT institutions and universities. It is strongly encouraged that HR departments of exhibiting gaming companies be present on day two of the summit.

When asked about the partnership with SiGMA, Managing Partner at Event Planner James Cassar said: “I’ve worked on various events with SiGMA for a long time and this partnership should pave the way for some great opportunities for graduates who are seeking a career in igaming. Through this event we want to create a bridge between students and the betting company world where great employment opportunities exist.”

Pennsylvania hikes lottery tax by 3.07%

To help balance its financial sheets, the State of Pennsylvania will dig deeper into the pockets of lottery winners.

The Times-Tribune reported that the State of Pennsylvania will be imposing a 3.07 percent state personal income tax on lottery winnings over $5,000 before the winners collect their prizes under the new state budget for fiscal 2016-17.

This is the first time that winning lottery players are required to pay the state income tax since the game made its debut in 1972. Other lottery prizes, such as gift cards and merchandise, are exempt from the tax.

According to the report, the imposition of new state tax revenue is the viable solution that the government has come up to address Pennsylvania’s chronic fiscal problems. The lottery tax, which covers lottery winnings since Jan 1, is expected to generate nearly $16 million in revenue this fiscal year.

Main Event Fighters Ev “E.t.” Ting And Rob “Ruthless” Lisita Face-off At One: Unbreakable Warriors Press Conference

17 August 2016 – Kuala Lumpur, Malaysia: The largest sports media property in Asian history, ONE Championship™ (ONE), has just announced its collaboration with Tune Talk and Universal Music Group (UMG) for the event ONE: UNBREAKABLE WARRIORS which is set to take place at the Stadium Negara on 2 September in Kuala Lumpur, Malaysia. UMG will be bringing artists Faizal Tahir and Ella to perform live at the event. The card will be headlined by a massive bout between Malaysia’s own Ev “E.T.” Ting and Australia’s “Ruthless” Rob Lisita.

Photos of the press conference can be downloaded here.

CEO of ONE Championship, Victor Cui stated, “The fans in Malaysia, particularly in Kuala Lumpur are some of the most passionate people in the world. The atmosphere of live ONE Championship events in this city is hard to match anywhere in the world. Earlier this year, ONE had great success with matching together live MMA with elements of a rock concert in Bangkok. It was such an amazing show. Together with our partners UMG and Tune Talk, we are going to do the same for the people of Kuala Lumpur. Fans can expect an awesome evening of incredible fights, action, excitement and world-class musical performances.”

Mr Kenny Ong, Managing Director of UMG, Malaysia and Singapore, said: “We are delighted to collaborate with ONE Championship on an evening of live sporting action and music. We are excited with the concept of a live MMA sport event combined with the energy and adrenaline of a rock concert, and making this a historic occasion. Kuala Lumpur will witness an atmosphere like no other at ONE: UNBREAKABLE WARRIORS. We are ecstatic for everyone to be part of all the excitement of fight night.”

South Australia reels over bookmaker’s economic sucker punch

South Australia is feeling the pinch of online betting giant Sportsbet’s decision to throw away the $20 million high-tech data facility project plan in Adelaide in protest of the 15 percent tax on online betting revenue.

Reeling in pain, South Australia’s Council of Social Service (SACOSS) whined about how “outrageous and unsporting” Sportsbet was when the bookmaker pulled out its investment in the state in protest of the tax plan.

SACOSS is now urging the government to push on with its new point-of-consumption tax as an act of revenge toward Sportsbet. It argued that the bookmaker chalked up a net revenue of $470 million last year – a 41 per cent increase on the previous year and a profit increase of 54 per cent.

“It [Sportsbet] was hugely profitable operation, and their reaction to this proposal to close their use of a virtual tax haven is outrageous and unsporting” SACOSS acting CEO Greg Ogle said, as quoted by local news website In Daily. “It is an absolute dummy spit.”

Melco Crown shares sale lifts Crown Resorts full-year profit

The decision of billionaire James Packer to reduce its stake in its Asian-facing casino joint venture Melco Crown Entertainment has reaped rewards as the Australian casino operator Crown Resorts’ full-year net profit jumped by 146.4 percent.

Crown on Wednesday reported chalking up a AU$948.8 million (US$730 million) net profit for the year ended June 30, thanks to the AU$602 million (US$459.55 million) gain from selling down Crown’s stake in its Macau casino business Melco Crown Entertainment (MCE) in May.

From 34.3 percent, Crown’s share of MCE was reduced to 27.4 percent after the transaction. On the other hand, Melco International’s stake rose from 34.3% to 37.9% and the publicly held share increased to 34.7%.

But Crown’s performance was tempered by its share of profits from its stake in the Melco Crown casinos in Macau and one in Manila plunged by AU$103.2 million (US$ 78.78 million), or 64 per cent, to AU$58 million (US$ 44.28 million)

Melco Crown shares sale lifts Crown Resorts full-year profit

The decision of billionaire James Packer to reduce its stake in its Asian-facing casino joint venture Melco Crown Entertainment has reaped rewards as the Australian casino operator Crown Resorts’ full-year net profit jumped by 146.4 percent.

Crown on Wednesday reported chalking up a AU$948.8 million (US$730 million) net profit for the year ended June 30, thanks to the AU$602 million (US$459.55 million) gain from selling down Crown’s stake in its Macau casino business Melco Crown Entertainment (MCE) in May.

From 34.3 percent, Crown’s share of MCE was reduced to 27.4 percent after the transaction. On the other hand, Melco International’s stake rose from 34.3% to 37.9% and the publicly held share increased to 34.7%.

But Crown’s performance was tempered by its share of profits from its stake in the Melco Crown casinos in Macau and one in Manila plunged by AU$103.2 million (US$ 78.78 million), or 64 per cent, to AU$58 million (US$ 44.28 million)

RFU Extends Its Integrity Partnership With Sportradar To Six Years

Today, the Rugby Football Union (RFU) has extended its existing three year integrity partnership with Sportradar, ensuring that the two parties will work together until 2019.

The RFU employed Sportradar in 2013 and since then, the leader in match fixing monitoring, prevention and intelligence has overseen activities and odds patterns across over 550 betting operators worldwide for a range of rugby union competitions and fixtures. For the next three years, Sportradar will monitor all matches of the Aviva Premiership, the Greene King IPA Championship, the Anglo Welsh Cup, the British & Irish Cup, as well as the Old Mutual Wealth series. Altogether, this coverage will total over 420 matches per year.

RFU Chief Executive Officer Ian Ritchie said: “Although rugby union is not necessarily viewed as a high risk sport when it comes to match fixing, we remain determined to be proactive in working to protect the game. We are delighted that with Sportradar by our side, we will continue to offer a credible, respected and effective defence”.

Andreas Krannich, Sportradar’s Managing Director for Integrity Services also praised the deal: “We are proud of the reputation we have built up in the rugby union ecosystem. The RFU were one of the first federations in the sport to employ our award-winning Fraud Detection System and we couldn’t be happier that we will have the opportunity to work with them for a further three years. By developing our work with leading law enforcement agencies and sport rights holders like the RFU, we will continue to ensure that the sports that fans in England and beyond love, remain thrilling and of course honest”.