Monthly Archives: October 2016

Gaming Industry News Weekly Recap – Stories You Might Have Missed

THE AMERICAS

Atlantic City’s Trump Taj Mahal closed but not everyone believes it’s down for the count; the Golden Nugget’s casino-only site was New Jersey’s top online earner in September; GameCo got the nod to launch skill-based games in Atlantic City casinos; Canadians think online gambling is more harmful that it actually is; VGambling Inc. launched a bid to turn an Antiguan casino into a live eSports venue; Illinois police seized a drug dealer’s $50k lottery jackpot; and industry notables Victor Rocha and Jeff Ifrah reminisced on the 10th anniversary of the Unlawful Internet Gambling Enforcement Act.

EUROPE

William Hill’s largest shareholder said the Amaya merger talk “didn’t pass the smell test;” Sky Betting & Gaming announced plans to expand into Germany and Italy in 2017; Marathonbet launched a Manchester United-themed online casino; Dutch regulators convinced Apple to purge gambling apps from the App Store; the new non-criminal Betuniq prepped its return to Italy’s online market; the Republic of Georgia went looking for someone to manage its lottery; Olympic Entertainment Group revenue rose one-fifth thanks to its new Estonian casino; Betgenius’ Moritz Mauer discussed the difficulties of offering in-play eSports wagers; and Ed Pownall wondered why that nice William Hill bloke can’t find a dance partner.

Taiwan’s Penghu County rejects casino push for the second time

Residents of Taiwan’s Penghu County have once again rejected bringing casino gambling to the outlying island region.

On Saturday, the Penghu government announced that voters had overwhelmingly rejected the idea of authorizing casino development as a means of driving tourism in the county. The referendum results showed 26,598 votes against the casino plan and just 6,210 votes in favor.

This is the second time Penghu’s residents have pushed back against the drive to bring casinos to Taiwan, and this year’s results were even more strongly opposed. In 2009, around 56% of votes cast were opposed to casinos compared to 81% this time around.

Turnout for this year’s referendum was smaller than in 2009. While around half of eligible voters cast a ballot in 2009, this year’s poll was under 40%, suggesting an element of voter fatigue on the issue. The head of Penghu’s pro-casino push said he doubted his group would mount a similar effort in 2019, the earliest possible date for another referendum.

Judge rules NJ couple's lottery annuity payments can't be taxed retroactively

A New Jersey Tax Court judge has sided with a couple who won $46 million in the state lottery in 2000 and elected to have their winnings distributed in annual installments as a multiyear annuity payment, holding that the state did not have the right to retroactively tax their winnings after passing a new statute.New Jersey, Legal, Winner Stories, Jackpots, Big Game, Taxes, Annuity, Multi-State Game, Court