Monthly Archives: May 2017

SBC delivers global market perspective at Betting on Football

The final agenda for Betting on Football has been released, with Mr Green CEO Jesper Kärrbrink just one of the star names signed by SBC Events to deliver a global perspective on the football betting market at Stamford Bridge (3-5 May).

The former Svenska Spel CEO will be speaking on the Scandinavian panel at Betting on Football alongside Danske Spil CEO Niels Erik Folmann and LeoVegas CEO Johan Styren.

Kärrbrink commented: “Betting on Football is a great platform for discussing the latest developments in the betting industry, and I’m excited about the opportunity to address the Scandinavian market on the panel.”

The full agenda – which contains over 140 experts across 36 sessions – can be viewed here.

Partypoker surges deeper into Eastern Europe with new sponsorship deal

Partypoker delves deeper into the goldmine of Eastern European poker after forging a partnership with Poker Club Management to sponsor the Eurasian Poker Tour.

It seems the all seeing eye of the partypoker brand is firmly fixed on Eastern Europe after they announced a five-year deal with Poker Club Management to become the headline sponsor of the Eurasian Poker Tour (EAPT).

The first event to carry the partypoker banners and sigil will be the €1m GTD partypoker EAPT Montenegro 16-25 June. The 5-star Splendid, Merit Royal Casino in the seaside resort of Budva, will turn their conference centre into a poker room set to handle ten days of tournament and cash game action.

It’s one of many events taking place across Eastern Europe including the Commonwealth of Independent States (CIS) – created after the fall of the Soviet Union in 1991. Each event will carry a $500,000 Guarantee with a $1,100 Main Event. Each season finishes with a $1m Guaranteed Finale.

Bryn Kenney wins the €100k SHR PokerStars Championships Monte Carlo

Bryn Kenney becomes the first person to win two PokerStars $100k buy-in events after taking the $1.7m first prize in the PokerStars Championship Super High Roller in Monte Carlo.

Bryn Kenney has continued to shed personal poundage but add bankroll poundage after winning the €100,000 PokerStars Championship Super High Roller Monte Carlo.

According to the PokerNews blog, Kenney ‘destroyed’ the final table, taking out three of the final eight players after Ike Haxton had fallen on the bubble.

Kenney’s heads-up opponent, Viacheslav Buldygin, also took out three opponents on the final table but still began the final duel with a 5-1 chip disadvantage, and faced with a history of losing his last three heads-up encounters.

Rummy portal Ace2Three eyes global expansion after $73.7M sale

Head Infotech Pvt. Ltd., the company that operates Indian rummy website Ace2Three, has found a new owner to help with its global expansion plans.

Canadian private equity fund Clairvest Group and its foreign partners announced over the weekend that they have acquired a majority stake in Head Infotech for an estimated INR474 crore (US$73.7 million). Clairvest’s portion of the investment will likely reach US$40 million, the firm said in a statement.

Head Infotech founder and CEO Deepak Gullapalli will remain as chief executive, while Michael Wagman, managing director of Clairvest Group, will join the board.

“While Ace2Three will be focused on India, Clairvest will help with scaling the business and expanding into other gaming products within the social gaming space which will be launched in other geographies outside of India,” Gullapalli told the Economic Times.

Why Antigua’s liberal approach to bitcoin is good news for Caribbean

Bitcoin is poised to make waves in the Caribbean, thanks to the open-minded government of Antigua & Barbuda.

The Cabinet of Antigua & Barbuda wants to draft new laws governing the use of bitcoin on the twin island nation. But instead of hindering the use of digital currencies, the government is looking to give bitcoin legal recognition—potentially placing the country “on the cutting edge of this new technology.”

Minister of Trade and Consumer Affairs EP Chet Greene told The Daily Observer: “This new currency is immutable; you can always go and trace transactions, so in the context of allegations of our country being involved in tax havens, it allows for better traceability.”

Aside from helping put an end to Caribbean’s reputation as a hub for money laundering, Greene said bitcoin will also be a boon to the country’s iGaming sector.