Phil Ivey’s hand may finally be dead in his seemingly never-ending lawsuit against the Borgata in Atlantic City. On Friday, US District Court Judge Noel Hillman dismissed the Borgata’s claim of […]
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The VanMeter-Gentry consignment of Tom VanMeter and Olin Gentry came into the Fasig-Tipton October yearling sale ready to fire with both barrels.
The UK government has finally confirmed plans to review the electronic gaming machines in bookmakers’ betting shops as well as gambling operators’ advertising practices.
On Monday, Tracey Crouch (pictured), the Tory Minister for Sport, Tourism & Heritage, announced that the Department for Culture, Media & Sport (DCMS) was launching a review of bookmakers’ fixed-odds betting terminals (FOBT), confirming rumors that have been circulating since early September.
The DCMS has issued a call for evidence (viewable here) seeking views on whether to lower the current maximum FOBT stake of £100 per spin as well as whether to amend the current limit of four FOBTs per betting shop. The deadline for submitting evidence is December 4, after which the government will consider the submissions and determine the appropriate regulatory response.
The DCMS also plans to examine “the impacts of gambling advertising and whether the right rules are in place to protect children and vulnerable people.” Earlier this month, rumors circulated that the government was mulling a blanket ban on all gambling advertising before 9pm, including an end to the exemption granted to sportsbook advertising during live sporting events.
PREMIERSHIP RUGBY today announces the renewal of their long-term partnership with Perform, one of the world’s leading digital sports content and media groups.
The five-year deal with Perform Group sees the continuation of Perform’s management of Premiership Rugby Productions. In this role they cover the production of up to 66 Aviva Premiership Rugby matches each season as well as producing highlights and clips for global distribution.
The new agreement also delivers a number of new initiatives including the facility to allow every Aviva Premiership Rugby and Singha Premiership Rugby 7s match and many Anglo-Welsh Cup games to be broadcast live around the world through the Perform Sports Cloud.
“Perform will continue to operate Premiership Rugby Productions for us, delivering outside broadcasts on our non-BT Sport matches and the production of highlights. They also provide content for our Premiership Rugby TV and YouTube platforms,” said Dominic Hayes the Commercial Director of Premiership Rugby.
Afrobet, a promising gambling company of Kenya, announces its partnership with BtoBet to launch its Tucheze brand.
AfroBet’s COO, Jeff Mugo, commenting on his partnerning with Btobet says:
“We are excited to partner with BtoBet who have vthe most advanced cloud platform based on the dynamics of artificial intelligence for the iGaming market. We are going to take full advantage of BtoBet businesses skills in the iGaming and betting industry and create shift in the Local Market. BtoBet’s Gold Certification Compliance with Betradar is a signal that we are with the right partner. We are confident that with BtoBet we have the right support to launch and make a success of Tucheze-Afrobet.”
Afrobet – Tucheze is also looking to launch in the markets in the short term. In the near future they are going live in East Africa using MPESA mobile wallet as payment method with the intention to expand at the beginning of 2017 in Tanzania, Ugandan and Congo and in other markets with VISA payments. Tuchese will offer African player a superlative playing experience proposing casino online and virtual sports, going far beyond the common soccer betting.
Tigre de Cristal, the first casino integrated into the Primorye entertainment resort in the Russian Far East, turned over about RU500 million ($8 million) in tax revenues and other government fees during its first year of operations.
“G1 Entertainment, a resident company of the Primorye integrated entertainment resort, launched the work of its first facility, Tigre de Cristal, in October 2015. According to information of the Primorye Territory Tourism Department, the work of the first casino has yielded almost half a billion rubles for the state in tax deductions and payments to extra-budgetary funds,” the Primorsky Krai Administration said in a statement, according to news website Russia Beyond The Headlines.
The regional administrator also announced a vibrant casino activity in Lawrence Ho’s Russian casino as it saw more than 190,000 visitors since the beginning of 2016.
The number of daily visitors in the casino also doubled in July to September period with 1,000 guests, according to government, 30 percent of whom are tourists from China and South Korea. Tigre de Cristal also accommodated over 100 guests and participants in the Eastern Economic Forum who highly appreciated the level of services provided by the hotel and restaurants.
An anti-graft and corruption watchdog group has lodged a plunder case against former Philippine Amusement and Gaming Corporation (PAGCOR) chairman and chief executive officer Cristino Naguiat in connection with the anomalous P3.21 billion (US$ 66.68 million) lease of the former Army Navy Club.
Charged before the Philippines’ Department of Justice for violation of Section 3 (e) of the Republic Act 3019, otherwise known as the Anti-Graft law, were Naguiat, former PAGCOR board of director Jose Tanjuatco; PAGCOR directors Enriguito Nuguid and Eugene Manalastas; Atty. Jorge Sarmiento; PAGCOR’s Bids and Awards Committee members Milagros Pauline Visque; Ramon Jones; Romeo Cruz, Jr.; Annalyn Zogimann; Atty. Kathleen Delantar; and Manuel Sy.
The heart of the case lodged by the Officers of the Volunteers Against Crime and Corruption (VACC) was the anomalous lease contract bidding of the iconic Army Navy Club complex in Manila to Vanderwood Management Corp.
It would be recalled that PAGCOR awarded Vanderwood Management Corp. with a 15-year contract for the lease of casino space behind the Army Navy Club after a long and tedious 14-month bidding process.
Now that Singapore has finally allowed online gambling, albeit in a far more limited form, in the city-state, hopes are high that its neighbor Malaysia may soon follow.
Not likely.
Malaysian authorities were quick to dash those hopes to the ground, telling local news outlets that they have no plans of proposing to the government to legalize online gambling in the state. Tan Sri Khalid Abu Bakar, Inspector General of Police, doesn’t see the need to add to the gaming activities that are existing in Malaysia today, such as four-digit betting.
“I think we have enough means for the people to gamble; we have Magnum, Toto and so on,” Khalid told reporters, according to Channel News Asia.
Popular digital currency bitcoin spent the weekend settling in comfortably back to the $650 price range, thanks to Chinese speculators and investors that are returning to digital currency following the recent yuan devaluation.
The price of the virtual currency rose 4 percent in one day, led by Chinese exchanges on the back of a bitcoin mining conference in China’s Chengdu city. The conference, according to Finance Magnates, was hosted by bitcoin mining hardware producer Bitmain.
Analysts believe the conference points to the possible end of the bitcoin scale debate, which centered on the path that needs to be taken to increase the number of transactions the bitcoin network can handle. Currently, the bitcoin network is limited to 1Mb every 10 minutes, or about three to six transactions per second. To increase the limit, some suggest to hard fork—which calls for upgrading the software—while others want a soft fork, which allows network users to either adopt the new protocol or not and still remain part of the network.
“The bitcoin price surge was led by optimistic Chinese traders on the back of support for Bitcoin unlimited and a fix to the bitcoin scaling debate,” CryptoCompare.com CEO Charles Hayter said, according to the news outlet.
The Gujarat High Court is stepping in to resolve the issue of whether poker is considered a form of gambling or a game of skill in the state.
Last week, the Indian Poker Association (IPA), a group representing India’s poker players, filed a petition with the high court accusing the state government of authorizing law enforcement agencies to break up an IPA-hosted poker game at a local YMCA club in the city of Ahmedabad.
The IPA alerted the authorities of their plans to launch a seven-table poker space at the YMCA on October 5, and since no money is being wagered, the organizers did not apply for a “no objection certificate” (NOC) from the authorities. However, IPA leader KN Suresh said Anand Nagar police ordered him to stop his poker plans, and when he refused the warnings of facing “dire consequences,” the police raided the YMCA and prevented any shuffling up and/or dealing.
This prompted the group to file a petition, which claimed that IPA has an agreement with the YMCA Club “to start poker at its premises a month ago to promote the game and produce players who can represent India at international tournaments.”
More trouble is brewing for daily fantasy sports operators DraftKings and FanDuel as the legal and financial challenges facing the industry show no sign of letting up.
The two companies are reportedly close to a settling with New York Attorney General Eric Schneiderman over claims that they engaged in false advertising to promote their daily fantasy sports contests last year, according to the New York Times. There’s just one problem: DraftKings and FanDuel are “so short of cash.”
Sources familiar with the negotiations told the news outlet the two operators “have conceded that they are having difficulty meeting their day-to-day obligations” and had sought to pay their final settlement with Schneiderman’s office in installment. The settlement is expected to cost DraftKings and FanDuel between $8 million and $12 million in total.
The DFS operators have admitted that “they are months behind in their payments to vendors,” particularly to the public relations and lobbying firms scattered across the country that helped them persuade state legislatures to legalize daily fantasy contests.
The detention of 18 Crown Resorts employees in China sends a chilling effect to Star Entertainment Group chief executive Matt Bekier.
Australian Financial Review reported that Bekier was supposed to attend a series of meeting in Macau last Tuesday but The Star boss decided to skip his scheduled trip to the former Portuguese colony five days after the supposed crackdown in Crown Resorts casino.
Many find it surprising that Bekier skipped his trip to Macau, especially since The Star executive quietly flies to Asia’s premier gaming hub every quarter to visit the company’s joint venture partners, HongKong-based investors Chow Tai Fook and Far East Consortium.
Even a Star spokesman did not offer a single reason why Bekier cancelled his Macau trip.
In this interview with CalvinAyre.com’s Rebecca Liggero, Simon Thomas of Hippodrome Casino explains how casino operators can lure younger generations to go to casinos.
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Phil Ivey will know in 20-days time the full extent of the damage piled on by the Borgata Hotel & Spa after a judge ruled that his $10m Baccarat winnings from 2012 breached casino gambling laws.
Have you ever wondered how much passive income you would need to cover your expenses, so you never had to work again?
It’s not that much.
So if I would have won $10m playing Baccarat using a technique that could be construed by the casino as ‘fraudulent,’ I think I would consider it a job well done and move onto something else like poker for example.
Phil Ivey will know in 20-days time the full extent of the damage piled on by the Borgata Hotel & Spa after a judge ruled that his $10m Baccarat winnings from 2012 breached casino gambling laws.
Have you ever wondered how much passive income you would need to cover your expenses, so you never had to work again?
It’s not that much.
So if I would have won $10m playing Baccarat using a technique that could be construed by the casino as ‘fraudulent,’ I think I would consider it a job well done and move onto something else like poker for example.
Partypoker has hired Joao Simao to be their new face of the brand in Brazil and will wear the patch at the upcoming World Series of Poker Circuit (WSOPC) event in his home country and the partypoker Caribbean Poker Party.
The Brazilian poker market is one of the largest and most vibrant in the world. It’s the reason that PokerStars has Andre Akkari and Neymar on the books. It’s the reason why 888Poker does business with Nicolau Villa-Lobos, Bruno Politano, and Denilson, and it’s the reason partypoker has signed Joao ‘joaosimaobh’ Simao.
Partypoker has heralded Simao as the face of partypoker for Brazil less than a month after declaring Jackie Glazier the face of partypoker in Australia, and also hiring Beata ‘Wild-Hungarian’ Jambrik.
Simao has built a fearsome reputation playing tournaments online with over $4.5m recorded on his PocketFives profile. His highest online score to date was $167,420 earned playing in the $1,050 buy-in Mountain Series on PokerStars. $3.3m of his entire online earnings have come from his play at the tables of the Red Spade.
Man City is now winless in five; Arsenal and Liverpool join them at the top of the league; Sunderland records their worst start to a Premier League campaign ever.
Pep Guardiola’s failure to beat Southampton at the Etihad means he is currently in the midst of his worse run of results during his illustrious managerial career.
Five games without a win.
Five.
Man City is now winless in five; Arsenal and Liverpool join them at the top of the league; Sunderland records their worst start to a Premier League campaign ever.
Pep Guardiola’s failure to beat Southampton at the Etihad means he is currently in the midst of his worse run of results during his illustrious managerial career.
Five games without a win.
Five.
The staking platform StakeKings has agreed on a deal to sponsor, Qui Nguyen, and the World Series of Poker November Niner has immediately put 1% of his action on StakeKings so the fans can have a sweat on the big night.
It won’t be long before poker fans get to watch the finale of the greatest poker tournament in the world, and one of the finalists has just made the viewing experience all the more enjoyable.
Qui Nguyen, who begins the World Series of Poker (WSOP) Main Event Final Table second in chips, has signed a deal with the staking platform StakeKings that will enable the fans to buy a small stake in his action for the first time in Main Event history.
Nguyen is putting up 1% of any potential winnings on the StakeKings site based on Independent Chip Model (ICM) analysis that shows his winnings coming in at $3,919,252.23. StakeKings members can buy a piece of the action for as low as $5 or can take the lot for $38,607.47 (0.01% has been sold at the time of writing).
The 5-year-old daughter of High Chaparral (IRE) wins Rood & Riddle Dowager Stakes (gr. IIIT) by a nose over Apple Betty (IRE).