Hashtag King (better known to his family as Salomon Ponte) probably didn’t make any friends during the latest Poker Night in America cash game on Saturday evening. But then again, he […]
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Tim Capps death April 22, related to complications following a stroke in mid-February, leaves an enormous gap to fill, not only for the program, but in the hearts of the students and faculty whose lives he enriched.
If the brisk activity in the barn area is any indication, Ocala Breeders’ Sales is poised for a strong spring 2-year-olds in training sale.
Philippine authorities have indicted several figures at the center of last year’s Bangladeshi bank heist while declining to indict two local casino junket operators who also figured prominently in the case.
On Monday, the Philippine Department of Justice filed papers indicting former Rizal Commercial Banking Corporation (RCBC) branch manager Maia Santos-Deguito, along with Michael and Salud Bautista, the husband-and-wife owners of remittance firm Philrem Corporation, for multiple violations of the Anti-Money Laundering Act.
The indictments stem from the February 2016 unauthorized transfer of $81m from Bangladeshi Bank accounts at the Federal Reserve Bank in New York to accounts at the RCBC branch managed by Deguito. The identity of those who initiated the transfer remains unproven, but suspicions have focused on hackers working for the North Korean government.
Deguito, who was fired shortly after the scandal was brought to light, stands accused of eight AML violations, including facilitating the withdrawal of the stolen funds from the RCBC accounts despite having received orders to stop the payments and return the stolen funds.
He grew up around horses and he’s learned from some of the most prominent horsemen in recent history; now, Kent Sweezey is taking his shot at the big time.
Jockey Robby Albarado sustained a fracture of his lower left leg after falling at Keeneland April 23 and will be off mounts for three to four weeks, including Kentucky Derby Presented by Yum! Brands (G1) hopeful J Boys Echo, agent Rob Ebanks said.
With the prep races over, week 13 of the National Thoroughbred Racing Association (NTRA) Top 3-Year-Old Poll, shows no significant changes after results were released April 24.
Hips to watch for Ocala Breeders’ Sales’ spring 2-year-olds in training sale.
The Republic of Cyprus expects to welcome its first new land-based casino in October, while another operator joins the ranks of the Republic’s licensed online betting brigade.
On Saturday, Cyprus Property News reported that the consortium of Hong Kong-listed Melco International Development, Florida’s Hard Rock International and local firm Cyprus Phassouri (Zakaki) Limited expects to open its temporary land-based gaming venue in Limassol in October, while smaller satellite gaming venues will start opening this summer.
Melco-Hard Rock Resorts Cyprus was officially granted the Republic’s sole casino license last November, entitling it to build a major integrated resort in the Limassol region (check out the promo video at the bottom of this article). That venue isn’t expected to open until 2020 but the license also permitted the consortium several methods by which to start earning gaming revenue in the interim.
The report claimed that the consortium expects to receive its operating license shortly after a coordinating committee completes its due diligence checks and submits its report to the National Gaming and Casino Supervision Commission.
Argentina’s Maria Lampropulos has become one of the top-earning poker women in history after winning the partypoker LIVE Millions Main Event in Nottingham, UK on Sunday. Her million-pound ($1,255,004) win […]
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Whether McCraken becomes the latest Derby winner to come out of Churchill’s Barn 26 remains to be seen, but the bay colt put in five-furlong drill in 1:00 3/5 April 24 that was nearly as buzz worthy as Street Sense’s final move before his triumph.
Dale Romans said April 24 he and owners Albaugh Family Stable were still discussing who might ride J Boys Echo in the first leg of the Triple Crown after his regular rider, Robby Albarado, sustained a fracture to his lower left leg.
The European Union’s regulatory body has okayed the UK’s plan to impose a levy on online race betting, even as the UK continues its plans to detach itself from the EU.
On Friday, the European Commission (EC) announced it had endorsed the UK government’s plan to impose a uniform 10% levy on all race betting revenue above the first £500k – land-based and online – to replace the old Horserace Betting Levy system.
The EC’s approval was necessary to determine whether the new plan amounted to illegal state aid of a domestic industry, a highly frowned upon practice under EU trade rules. But the EC determined that the UK plan was “essential for the improvement of horse breeding and horseracing without giving rise to undue distortions of competition.”
The EC also stated that the new 10% levy “creates a level playing field among betting operators while at the same time supporting entry of new operators and the development of competition between betting operators.”
Three-time Breeders’ Cup Mile (G1T) winner Goldikova, multiple Eclipse Award-winning jockeys Javier Castellano and Garrett Gomez, and Triple Crown-winning rider Victor Espinoza have been elected to the Racing Hall of Fame.
Brokerage JP Morgan Securities is apparently less optimistic on Macau unlike its regional peers in the financial industry.
JP Morgan said on Monday that it is predicting Macau’s GGR to sputter in the coming months as positive catalysts in the sector runs out. From a bullish stance, JP Morgan has given a neutral outlook on the stocks of Macau gaming operators.
“We think investors will focus more on the individual operator’s execution and resulting earnings revision potential, making stock calls increasingly more important,” DS Kim and Sean Zhuang, analysts from JP Morgan, said in its note on Monday.
JP Morgan has issued its forecast despite the good news that the former Portuguese enclave’s VIP gambling market grew twice as fast as the mass market casino revenue in the first quarter of this year.
NetEnt, the leading provider of digital gaming solutions for online casinos, has released the second title from its fabulous Fairytale Legends trilogy, Hansel and Gretel™.
The 5-reel, 3-row, magic-filled video slot takes players into the deepest, darkest woods as they try to help the siblings make their way through the thicket – and stay safely away from the wicked witch.
Hansel and Gretel is packed with random bonus features, free spins, stacked wild re-spins, and wild substitutions. The thrilling gameplay is wrapped in a stunning NetEnt visual production and features a series of beautiful animations that bring the classic story to life.
Simon Hammon, Chief Product Officer of NetEnt comments “The latest chapter in our Fairytale Legends series is another thoroughly enchanting one. With its engaging features and breath-taking design, the game demonstrates NetEnt’s creative capabilities at their best. Hansel and Gretel is a fantastic follow-up to Red Riding Hood and we look forward to continuing the story later in the year – so watch this space.”
BtoBet has targeted Latin America as a fast growing market with an enormous potential for the gaming industry. On this regard, Alessandro Fried, BtoBet’s chairman, confirmed: “Our recent statistics about the continent show a significant increase of the internet penetration and a very deep involvement of the gaming followers into sports betting and casino gaming market. At the same time, as a considerable number of LatAm areas are regulating their markets, operators are showing a very strong interest in expanding their business in this promising continent.”
Following the solid establishment in the Colombian market, BtoBet has decided to expand its business into Paraguay. Fried highlighted: “We are closing important agreements with international operators, employing BtoBet’s platform to develop their business in Latin America. In fact, thanks to BtoBet’s omnichannel, multi-jurisdiction and multi-currency iGaming platform and clever Sportsbook software, they can have the technology, the security and the flexibility needed to face the market in these areas.”
ENFIELD group, a solid licensed gaming company based in Paraguay, operating offline and online gaming activities in the territory under the local regulating authority Conajzar, has chosen BtoBet as partner to drive its brand, Apostamina.
Gonzalo Enjuto, Enfield’s CEO, reported his experience in Paraguay:
In response to last year’s dismissal of money laundering charges involving bitcoins, legislators in Florida are now considering a bill that would add digital currencies to the state’s anti-money laundering law.
The proposed law was crafted by Miami-Dade cybercrime prosecutors after a judge threw out the money laundering charges against Michell Espinoza, a Miami Beach man who was accused of selling $1,500 worth of bitcoins via bitcoin exchange site LocalBitcoins.com to undercover detectives who told him they wanted to use the digital currency to buy stolen credit card numbers.
Miami-Dade Circuit Judge Teresa Mary Pooler dismissed the charges against Espinoza on grounds that bitcoin could not be considered “money” as defined in state law.
Now, state prosecutors and lawmakers want to add teeth to the state’s current Money Laundering Act by adding the words “virtual currency” to the language used to define “monetary instruments.” In the proposal, virtual currency is defined as any “medium of exchange in electronic or digital format that is not a coin or currency of the United States or any other country.”
Strong performance in provinces and cities have propelled mainland China’s lottery sales in the first quarter of 2017.
Official data from the country’s Ministry of Finance showed that mainland China’s total sales from official lottery products jumped 4.9 percent year-on-year in the first three months ending March 21 to reach an estimated RMB95.25 billion (US$13.84 billion). Welfare lottery sales was also up 3.5 percent year-on-year to RMB51.34 billion, while sports lottery sales climbed 6.6 percent year-on-year to reach RMB43.91 billion.
For the month of March, the domestic lottery saw its sales rose 6.3 percent year-on-year to RMB37.9 billion (US$5.5 billion), while welfare lottery ticket sales increased 3.8 percent year-on-year to RMB19.8 billion. Sales of sports lottery tickets went up 9.2 percent to reach RMB18.1 billion.
March’s figures mark the second month that the domestic sector saw a turnaround from January’s dismal numbers. Two months ago, lottery sales in China dropped 10.7 percent due to the timing of the New Year holiday, which began in late January.
24th April 2017 – GamCrowd, the home of the gambling tech sector, is pleased to announce a new strategic partnership has been agreed with Clarion Gaming, while also unveiling the exciting launch of GamCrowd Tech Week.
GamCrowd Tech Week, which will be held during London Tech Week on the 12th-16th June at the Hippodrome Casino, Leicester Square, builds on the success of the inaugural conference in 2016.
The aim of the week is to build the profile of the ever-expanding gamtech sector and, at the same time, create an interface between the gambling industry’s thought leaders and other tech sectors, so the industry can help prepare for the fourth industrial revolution.
The action-packed week builds on last year’s conference, where the GamCrowd team have expanded the event to bring in experts from all tech sectors, including gambling, to share their knowledge and experience.