For better or for worse. That could be the slogan PokerStars uses for its new rewards program, Stars Rewards, which went into effect across all markets July 6. (Customers in […]
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High winds damaged three barns at Hollywood Casino at Charles Town Races the evening of July 5, but no horses or humans were injured and the track expects to not miss any race dates.
Multiple grade 1 winner Tinners Way was euthanized July 5 at Old Friends, the Thoroughbred Retirement Farm in Georgetown, KY., where he had been pensioned since 2010.
Online casino technology provider GAN reported falling revenue in the second quarter despite a rise in players using its social gaming products.
On Wednesday, GAN (formerly known as GameAccount Network) issued key performance indicators for its operations over the three months ending June 30, which showed active player days for its Simulated Gaming free-play social casino product rising 16.7% from Q1’s figure, marking the fourth straight quarter in which this statistic had headed in a northerly direction.
However, average revenue per daily active user (ARPDAU) declined 9.2% from Q1 to $6.98, which the company blamed on “strong growth in higher-margin Simulated Gaming which proved modestly dilutive to ARPDAU across the enterprise.”
GAN CEO Dermot Smurfit emphasized that his company, “like all internet gaming companies with players principally located in the Northern Hemisphere, experiences Summer-related seasonality” in Q2 and Q3.
Hollywood Casino at Penn National Race Course has banned Murray Rojas, her husband Eduardo Rojas, and trainer Stephanie Beattie from entering horses at the Grantville, Pa., track.
Highlighted by the Maryland Million program, four graded events, and a tribute to recently retired Mid-Atlantic legend Ben’s Cat, the Maryland Jockey Club will offer 44 stakes worth $4.42 million in purses during its fall meet at Laurel Park.
Fasig-Tipton has added a dozen entries to its ever-expanding selected horses of racing age sale scheduled for July 10 at the Newtown Paddocks in Lexington.
Sheikh Mohammed bin Khalifa Al Maktoum’s group 2 winner Mubtaahij has been relocated to Southern California and is now under the care of trainer Bob Baffert.
Day 36 of the 2017 World Series of Poker was a busy one, as four different events played down to a winner inside the Rio. Meanwhile, the $50,000 Poker Players […]
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The Pizza Man is by far the class of the field in the Stars and Stripes Stakes (G3T), but still must prove he can get the job done at age 8 over the Arlington turf.
High winds damaged three barns at Hollywood Casino at Charles Town Races the evening of July 5 but no horses or humans were injured and the track expects to not miss any race dates.
Owners of horses of racing age currently not Breeders’ Cup nominated have until July 15 to get discounts.
Casino operator Caesars Entertainment has made a couple key hires to boost the company’s plans to diversify its operations beyond gaming.
On Thursday, Caesars announced the hiring of former Hard Rock International executive VP Marco Roca as its new President, Global Development. Caesars also appointed GE Capital exec Michael Daly as its new senior VP of Strategy and M&A.
Caesars CEO Mark Frissora said the appointments were designed to “unlock new growth channels” that won’t necessarily include gaming operations as part of Caesars’ domestic and international expansion initiatives.
Caesars is still trying to extricate itself from the messy restructuring of its main unit, which filed for Chapter 11 bankruptcy protection in January 2015. The process, which requires the approval of regulators in every state in which Caesars operates, involved prolonged court fights with junior creditors who proved unwilling to accept Caesars’ lowball offers of pennies on the dollar and forced Caesars to sell its social gaming division – one of the company’s few profit-makers – to meet creditor demands.
Jacob West has joined Eclipse Thoroughbred Partners as the company’s Vice President of Bloodstock.
Dede McGehee’s homebred Dolphus has three things going for him in the July 8 Prairie Meadows Cornhusker Handicap (G3): speed, good recent form, and pedigree.
Irate patrons of Paradise Games, a Bahamas web shop, yesterday vowed to “take their business elsewhere” amid accusations the gaming house has refused to reward tens of thousands of dollars in winnings.Insider Buzz, Gambling, Indiana, Iowa, Dispute, Bahamas, Computerized Drawings, Pick 3, Pick 4, Drawing
UK-listed online gambling operator GVC Holdings posted solid growth in the first half of 2017 on improved sports betting margins and double-digit gains in online gaming.
On Thursday, GVC released a trading update covering the six months to June 30, along with key performance indicators for its second quarter. The H1 pro forma comparison assumes that the Bwin.party brands, which GVC officially absorbed midway through Q1 2016, were full contributors to the 2016 results.
Net gaming revenue in Q2 was up 8% to €244.1m, and the company is quick to point out that the year-on-year gain would have been 10% using constant currency figures. GVC CEO Kenny Alexander noted with pride that the gains came despite Q2 2016 having enjoyed a quadrennial boost from the Euro 2016 football tournament.
Given the lack of a major football event in this most recent quarter, it’s not surprising that GVC’s sports brands (Bwin, Sportingbet) reported a 2% fall in betting turnover, leading to a 1% year-on-year decline in daily sports revenue to €945k. However, the sports brands’ gaming verticals saw daily revenue rise 16% to just over €1m, pushing overall net gaming revenue up 7% to just under €2m per day.
PokerStars has brokered a deal with the administration team handling the PKR liquidation case that will see the online poker room make all 60,000 former PKR players whole.
PKR died on May 5, when the people behind the wheel filed for administration.
RIP PKR.
It was a strange funeral.
NEW YORK, NY – July 6, 2017 – Tech entrepreneur Jez San’s latest venture, FunFair Technologies, has raised a landmark sum from the presale of tokens that will eventually power every aspect of its blockchain-based gaming technology platform. FunFair is designed to deliver unrivalled transparency for consumers and efficiency for casino operators.
Slated to last a maximum of 15 days, FunFair’s Phase 1 Token Presale on June 22 sold out in just 4 hours, having reached its hard cap of $10M in contributions made using the Ether cryptocurrency. FunFair also received more than $15M in Bitcoin and other cryptocurrencies from individual contributors as well as institutional funds, including Kryptonite1, Block Tower Capital, and Pantera Capital.
“I’m thrilled that the blockchain community and institutional investors have so emphatically backed the team, our vision and the progress we’ve already made,” said Jez San OBE, founder and CEO. “Now it gets even more exciting as we work towards a live platform and the creation of a truly fair, transparent and player-focused gaming world.”
“FunFair is an incredibly clever Ethereum-based casino games company – decentralized, P2P, provably fair online gaming. My intuition is that Funfair is going to be huge,” noted Dan Morehead, Founder and CEO of Pantera Capital.
Mark Wadsworth joins as part of group’s recent expansion in Malta
Thursday, July 6, 2017 (Malmo, Sweden) – Global Gaming has significantly strengthened its executive team with the appointment of Mark Wadsworth to support the company’s recent expansion in Malta.
Wadsworth joins as Director of the Group’s companies in Malta, where he will spearhead two new major development projects.
He joins Global Gaming from Betsson, where he previously held the position of head of platform, working across 25 different casino brands with a team of ten product owners.