Hall of Fame jockey Mike Smith has made a pledge of 1% of his earnings from Travers Day Aug. 26, to Grayson-Jockey Club Research Foundation.
Monthly Archives: August 2017
Massive Australian Interest in American Pharoah
The excitement of a glorious June 2015 Saturday in New York is still rippling through the racing world with the arrival of Triple Crown winner American Pharoah in Australia.
Going Commando Fillies Top CTHS Manitoba Yearling Sale
Two daughters of Going Commando shared top billing during the Aug. 20 Canadian-bred yearling sale conducted by the Canadian Thoroughbred Horse Society (Manitoba Division), going for CAN$15,000 (US$12,000) each.
Habanero content live on Tempobet
London, Tuesday 22nd August 2017 – Content from quality slots and tables games developer Habanero is now live on the websites of leading online operator Tempobet.
The provider’s full portfolio of video slots titles has been made available to the operator’s customers across a wide range of desktop and mobile devices.
Among the games available will be their most recent release The Dead Escape, as well as popular titles Panda Panda, Bird of Thunder, and Fire Rooster.
Daniel Long, Head of Sales at Habanero, said: “We are delighted to agree a deal with Tempobet and are very confident our portfolio of immersive titles will keep players fully-entertained.
Glück Games to offer lotto betting
Glück Games, the Gibraltar and Berlin-based ‘casual-real money games’ developer, aggregator and technology provider, announced that it is in the process of completing an integration with Lottoland Solutions, the B2B arm of Lottoland, the world’s largest lotto-betting operator.
Once completed, this will enable Glück Games to offer all of its operator partners lotto betting experiences — on famous lottos such as EuroMillions, US PowerBall and Mega Millions — alongside its already significant portfolio of instant lotto, instant win and scratchcard projects.
Lottoland Solutions’ new turnkey B2B lottery betting service offers operators the ability to let their players place bets on the outcome of the world’s leading lottery draws, on their sites. Lottoland Solution’s initial partners include Kindred Group and Gaming Innovation Group. This deal with Glück Games, will also allow Lottoland Solutions to offer Glück Games’s entire portfolio of instant win, instant lotto and scratchcard to its operator partners.
Glück Games’s CEO, Robert Lenzhofer, commented:
Betradar roll out next-level League of Legends live odds with DOJO Madness
This week, Betradar, the premium partner for the betting industry worldwide, has officially launched live odds for League of Legends, developed in conjunction with esports big data specialists DOJO Madness.
DOJO’s service has developed complex models based on the analysis of over 450,000 rounds and 18 million individual data points. This has enabled the generation of reliable real-time probabilities for both live betting as well as pre-match betting events, allowing Betradar to provide its operator clients with the most credible in-play offering available. Leveraging DOJO’s API, Betradar will now be able to offer a significant amount of new, high-quality betting events across a whole range of League of Legends tournaments and competitions.
“We are delighted that we can now offer our League of Legends in-play odds to the market. LoL is the number one esport title played globally with over 100 million unique players per month. It has an established tournament structure with events held all the way through the calendar year, while the recently announced franchise model showcases the stability and sustainability of the LoL ecosystem. This is all good news for operators looking to offer a highly attractive esports betting product. What makes the news even better is that our clients can now enjoy unbeatable up-times, the best array of markets with more to follow, including a range of live player markets. We appreciate that some have experimented with esports and have not seen the returns they should have earned, but with Betradar and DOJO Madness having invested significant resources into creating a best-in-class product and with interest in Betradar esports products at an all-time high, our clients have another reason to feel confident about their offering to these highly discerning customers” said Betradar Head of Esports James Watson.
DOJO Madness CEO Jens Hilgers added: “One of the reasons we partnered with Betradar is that we wanted to bring our unrivalled expertise in aggregating and interpreting esports game data into the betting ecosystem with a partner that stands for integrity and accuracy. Providing the odds for the most popular esports title combined with the future markets we already have in the pipeline, including live player markets, is another contribution of our partnership to the exciting esports ecosystem.”
New York-Breds Ready for Six Showcase Day Stakes
More than 100 New York-breds will take center stage at Saratoga Race Course Aug. 25 for New York Showcase Day, featuring an all state-bred card that includes six stakes worth $1.15 million.
Political stability in Cambodia serves as NagaCorp’s buoy in H1
The good times rolled in HongKong-listed casino operator NagaCorp Ltd. in the first half of 2017, thanks to a stable political climate in Cambodia.
NagaCorp Chairman Timothy McNally stated in the company’s interim report dated August 18 that the 20.3 percent net profit growth in January to June 2017 period would not have been possible if the political climate in Cambodia was volatile.
The political stability in Cambodia, according to McNally, has encouraged more players from China to come in to the Southeast Asian nation and play. As a result, NagaCorp, the operator of Phnom Penh’s NagaWorld casino and hotel complex, chalked an impressive $150.6 million net profit in the January to June 30, 2016 period, as a result of a surge in VIP rollings.
Gross gaming revenue also jumped 40 percent year-on-year to $386.8 million in the first half of the year.
NSW pokie pubs rake in $92.48M fiscal profits
New South Wales’ pokie pubs pocketed AUD117 million (US$92.48 million) in pre-tax profit for the 2016 fiscal year, the Liquor and Gaming NSW has announced.
The Sydney Morning Herald reported that the biggest weekly earning of the state’s top 25 pokie pubs, which are all based in the greater Sydney region, was a quarter of a million Australian dollars.
For the NSW government, these numbers translate to more than AUD100 million (US$79.04 million) worth of tax takes that will go to the state coffers.
Identifying the earnings of each pokie pubs, however, is a daunting task since the state government does not release individual figures. The Liquor and Gaming NSW only publishes the state’s top 25 earners in order but it doesn’t specify their takings.
Paddy Power Betfair and the difficulty of picking exact bottoms
The problem with spotting great buying opportunities is that when you find them, they look scary. That’s what makes them buying opportunities. If they weren’t scary, more people would buy them and the price wouldn’t be so low.
It’s a corollary of why it’s so hard, almost impossible, to pick a bottom. Bottoms happen typically on very low volume because nobody wants to buy at the bottom. Mathematically, the amount of traders who pick exact bottoms is equal to the exact order book order volume on the exact lowest tick down in price, divided by the cumulative volume of very single other trade before and after that down tick. It means the percentage is vanishingly small.
But it’s actually even smaller than that. If we are talking about exact bottoms, it is very unlikely that anybody, not a single investor or trader or fund or institution, picks the exact bottom. Say a hedge fund places a large order just around what turns out to be the bottom of Paddy Power Betfair in this instance. The fund will probably establish its position over a number of weeks or even months consisting of many different orders around the bottom in the best case. The best chance to get the exact bottom can only be by retail traders, whose orders are small enough to be fulfilled at one single price point. If they are savvy enough to pick close to the bottom though, they probably scaled in on downticks rather than believe themselves prophetic enough to buy at the exact right time.
The best one can realistically do to find a bottom is buy good companies that are depreciating in value for no good fundamental reason. Paddy Power Betfair is one of the best examples of that right now. Here we have a company clearly going in the right direction, growing in the right areas and metrics, heavily affected right now by beta market conditions for reasons unrelated to its own financial health, and which has had a string of bad luck perceived as ominous for the company but which probably won’t affect much if anything fundamentally.
Paul Burns: The future of Canadian gaming is bright
In this interview with CalvinAyre.com’s Stephanie Raquel, Canadian Gaming Association vice president Paul Burns discusses how Canada plans to position itself as an alternative gaming destination.
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Making the most of Mayweather-McGregor slugfest: an off-the-wall betting guide
The day of reckoning is just four days away for old-school boxer Floyd “Money” Mayweather Jr. and mixed-martial arts specialist Conor McGregor. There are lots of at stake in Saturday night’s mega-bout.
Many say the outcome of Saturday’s match will probably determine the relevance of boxing. Once upon a time, boxing is a huge sporting event. Matches of boxing legends Muhammad Ali, George Foreman, Sugar Ray Leonard, and Mike Tyson drew in thousands of crowds and filled hundreds of arenas worldwide.
But the interest of people in boxing waned dramatically due to controversial outcomes and allegations of match-fixing. It didn’t help that these happened at a period when mixed-martial arts was emerging from its obscurity. People got fed up with boxing and turned to mixed-martial arts.
Mixed martial-arts, on the other, hand is fighting for recognition. Yes, the popularity of mixed-martial arts has grown exponentially over the years but it remains to be a small fry compared to boxing. A McGregor win on Saturday will put it on the same league as boxing.
Glück Games expands scratchcard range
The Gibraltar and Berlin-based games studio continues to expand its suite of online ‘lifestyle’ scratchcard products.
Glück Games, the Gibraltar and Berlin-based ‘casual-real money games’ developer, aggregator and technology provider, has continued to expand its range of online ‘lifestyle scratchcard’ iGaming products.
The new Double Your Salary and Dream House cards, and the Car & Cash range of puzzle scratchcards are being rolled out on Lottoland and Lottohelden. Further operators will be following suite from Q3, 2017.
Double Your Salary, which is priced at £2/€2, is a ‘match 3 of 9’ game that offers a top prize of £20,000 and with an RTP of 50.3%.
Grosvenorsport.com to sponsor Goodwood’s Celebration Mile
Leading UK betting company enters into its first horseracing sponsorship
August 2017 – Grosvenorsport.com has been unveiled as the new sponsor of Saturday’s Celebration Mile at Goodwood Racecourse.
The Group Two Grosvenor Sport Celebration Mile is the highlight of Goodwood’s three-day August Bank Holiday meeting. It is a race steeped in history which has been won by the likes of Selkirk, Cape Cross and Raven’s Pass.
Following Monday’s five-day confirmation stage, a total of 16 entries remain in contention for the £100,000 contest. They include last year’s winner Lightning Spear, Qatar Goodwood Festival victor Beat The Bank and a fascinating contender in the French-trained Taareef, who has been supplemented for the race.
iSport Genius signs deal with Sportsbet
Agreement with the market leader in Australia will see iSport Genius deploy consumer-facing data platform ‘The Locker Room’
Melbourne, Australia, 22 August 2017: Sports data platform provider iSport Genius has signed a deal with Sportsbet that will see the Australian online sportsbetting market leader deploying a powerful data proposition that informs and educates customers about their choice of bet.
iSport Genius’ interactive consumer-facing platform leverages trillions of pieces of data and via an intuitively designed interface creates a large volume of engaging calls to action and helps improve the overall experience for punters and sports fans alike.
Nathan Rothschild, co-founder and partner at iSport Genius, said: “Our deal with Sportsbet is another significant vote of confidence in iSport Genius. Our product will now be available to more punters in Australia than ever before.”
Australia’s Sportsbet sets example for all
This is a guest contribution by Nathan Rothschild co-founder and partner at iSport Genius. If you would like to submit a contribution please contact Bill Beatty for submission details. Thank you.
If the jury remains out on what state the outgoing Paddy Power Betfair chief executive Breon Corcoran leaves the overall business when he steps down later this year, there is one division of the company where the report card comes back studded with gold stars.
This is the Sportsbet operation in Australia that, as the company’s recent half-year results showed, has been firing on all cylinders despite the twin regulatory and trading pressures being faced by the business.
Under the stewardship of the chief executive of the Australian arm, Cormac Barry, in the first six months of this year staking at Sportsbet rose 16% in constant-currency terms to £1.7bn while revenue rose 15% to £173m and underlying EBITDA was up a whacking 52% to £54m. This was off the back of a rise in active users of 13% to nearly 700,000.
KamaGames announces first HTML 5 title to appear on VK.com’s direct games gaming platform
Dublin, Ireland – August 22nd 2017 – Global developers and publishers of social casino games for mobile platforms the KamaGames Group, today announced the first of its titles to release on HTML5 through one of Europe’s leading social media platform, VK.com.
To coincide with the launch VK.com’s Direct Games gaming platform, KamaGames are pleased to confirm that they will be one of the first apps appearing on the new platform from day 1 with the brand new HTML5 version of the publisher and developer’s flag ship title Pokerist.
VK.com is the largest social media network in Europe and is the most visited website in Russia ranking it higher than google, Instagram, YouTube and Facebook. The network’s messenger service is also hugely popular giving it more users than other well-known services including Skype, WhatsApp and Viber.
Due to the game being built completely from the ground up with social media and HTML5 platforms in mind, unlike many similar games released through social media and messenger platforms, Pokerist will launch with all of the main features enjoyed by players on mobile devices. This means the game will contain daily bonuses, quests, Sit N Go tournaments and multiple achievements to unlock. In app purchasing and monetisation is also possible with users being able to purchase chips and other in-game items via VK currency which can be easily purchased via the AppStore and Google play.
CEEGAwards important updates to shortlist and final voting stage
August 2017, Budapest: The organizers of CEEGC and CEEG Awards are excited to announce some changes to the 2017 edition which is also the second edition of the Central and Eastern European Gaming Awards. Given the fact that the online voting phase has already generated +50,000 votes the team is positive about the outcome of the session. Meaning that companies have started showing their consideration towards creating and independent and fair awards in the region.
Since this year’s online voting session has generated a +800% jump in volumes, the team has decided to add more seats for the shortlisted companies. Thus, more top voted companies will be granted access into the shortlist. The change does not include all categories, here are the categories which will benefit of a more extensive short list:
• Sport betting software suppliers/platforms – Top 5 will be shortlisted instead of the initial 3
• Casino software providers/platforms – Top 5 will be shortlisted instead of the initial 3
Discover a hidden world of riches with Betsoft’s GIOVANNI’S GEMS
Mine for an unbelievably good time with GIOVANNI’S GEMS, Betsoft Gaming’s latest addition to their Slots3™ collection. Follow the adventures of the charismatic Giovanni the Gem Hunter, who, after many years, has discovered an incredible cave of uncut prismatic gems in the deep Valtara forest, long rumoured to hide treasures beyond imagination.
This fast-paced 7×7 Cascading reels video slot features cluster wins, where 5 or more contiguous matching stones explode in a shimmering sparkle of colour and light, making room for more gems to fall in from above. This game features big chances for fantastic chain wins!
GIOVANNI’S GEMS is accompanied by a captivating, themed soundtrack featuring a climactic celebration for big wins, which increases the sense of gratification as the winning stones are counted up and clusters explode.
Diamonds are the most sought-after gemstone in the game, and they are transformed by the awesome pressure of the win from mere coal to high-paying Diamonds.
EEGMedia/EEGEvents engages in strategic partnership with Asia Gaming Brief
Monday, 21 August 2017, Transylvania – EEGMedia/EEGEvents, the leading media and C-level boutique gaming event organizer company of the Central and Eastern European region has engaged in a strategic partnership with the Asia Gaming Brief, an intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.
The main objectives of the partnership are the content and information spread on the media networks which both companies own and operate in order to increase visibility in the verticals of the online gambling industry. The partnership will benefit both companies as well as their partners who will now have an extensive reach across the European and Asian markets.
Zoltán “Hawkie” Tűndik, Founder and Head of Business at EEGMedia/EEGEvents commented: “We are keen to start being an active promoter of the Asian markets and look forward to serving our visitors with news about the updates they can find at the events organized by Asia Gaming Brief. After successfully implementing our channels of distribution we can say that we now serve contents on a higher scale and being able to partner with different regions of the globe will have a positive impact in the industry.”
Felix Ng, Asia Editor and Project Director at Asia Gaming Brief commented: “We are always more than happy to support important industry events both in Asia and abroad. With this partnership, we hope to be able to facilitate a closer exchange of information between Europe and Asia.”