Monomoy Girl moved up to third in this week’s NTRA Top Thoroughbred Poll following her fourth straight grade 1 victory in the Coaching Club American Oaks July 22 at Saratoga Race Course.
Monthly Archives: July 2018
William Kassouf to Shaun Deeb: You’re ‘Unprofessional, Arrogant, and Vindictive’
A new rivalry is brewing within the poker community. On Joey Ingram’s recent YouTube podcast, Shaun Deeb criticized William Kassouf, challenging his character and accusing Mr. “Nine-High Like a Boss” […]
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Dover Downs, Twin River casino groups plot merger
Two US regional casino operators in newly legalized sports betting states have agreed to merge their operations.
On Sunday, Delaware-based Dover Downs Gaming & Entertainment Inc and Rhode Island-based Twin River Worldwide Holdings Inc announced that they’d entered into a definitive merger agreement. The deal will transform the privately-held Twin River into a publicly traded company via a listing on the Nasdaq or New York Stock Exchange.
The deal’s terms involve Dover Downs stockholders to exchange their shares for Twin River common shares equaling 7.225% of the equity of the combined company. Each Dover Downs share will be exchanged for 0.0225 shares of Twin River stock.
Dover Downs operates the Hotel & Casino of the same name in Delaware, which has recorded annual operating losses in two of the last four years. Dover Downs CEO Denis McGlynn said the Twin River deal would be “transformational” via the creation of a “more stable, standalone entity” that will allow for greater investment in its facilities.
True Valour to Stay in U.S., Moved to Callaghan
True Valour (IRE), who finished seventh in the Eddie Read Stakes (G2T) July 22 at Del Mar, will stay in the United States to race and will be switched from trainer Johnny Murtagh to Simon Callaghan.
Justin Bonomo Reveals One Drop Deal with Fedor Holz, Raising Questions from Backers
When Justin Bonomo won the 2018 Big One for One Drop, his $10 million first prize made him the winningest tournament poker player of all time. It also meant a […]
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South Africa presses forward with online gambling clampdown
South Africa is pressing forward with its plans to clamp down even harder on unauthorized internationally licensed online gambling operators.
In 2016, South Africa’s Department of Trade and Industry (DTI) released a draft of its new National Gambling Policy document, detailing the government’s intention to ensure that “no new forms of gambling” would be permitted in the Africa continent’s largest gambling market.
Last Friday, DTI issued a notice of intention to introduce the National Gambling Amendment Act 2018 into parliament during the legislature’s second term of 2018. The bill’s text, which can be read in full here, further restricts South African gamblers’ ability to access online gambling products not available to them via locally licensed operators, who are limited to offering sports betting only.
Among the new restrictions are explicit warnings to financial institutions that they “must not process payment transactions for any gambling activities that are not licensed” under the country’s existing gambling rules.
Shaman Ghost Relocating to Kentucky
Canadian champion stood his first year in California.
Video: Doug Polk Hits Back at Claims He Owes Fernando Habegger $100,000
Doug Polk is back in the headlines (as he often is), but this time it’s not the high stakes pro and YouTuber who started the controversy, even though he of […]
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BtoBet showcases gaming portfolio at inaugural iGB live
– Alessandro Fried participates in a panel discussing the importance of AI and ML for the iGaming industry
Amsterdam lived up to its expectations and delivered a unique opportunity for the iGaming industry in the form of the inaugural iGB Live, with the BtoBet team showcasing their entire gaming portfolio.
BtoBet’s Chairman, Alessandro Fried, stated that the event should be considered a success both from an organizer’s point of view and for the attendees themselves. “iGB Live has provided us with an amazing platform to showcase our renowned products and services, and with the major industry players present under the same roof, one could also see and determine the path that the industry is taking for the future in terms of the technology being implemented and the approach to the players.”
Fried also participated in a panel discussing the various benefits and applications that Artificial Intelligence and Machine Learning have for the iGaming environment. He stated that the industry is somehow still lagging behind in the implementation of these disruptive technologies when compared to other business scenarios. “However we are entering a new phase where the operators are put in a position of having to eventually endorse this technology, with the players becoming ever more demanding and in want of a more personalized and tailored experience.”
LuckyBay – online casino with gambling software from Slotegrator
June 20, 2018, a new casino project called LuckyBay was launched. The resource has a unique design, a user-friendly interface, a wide range of popular games, and some attractive offers for the players.
The online casino operates under the license of Curacao and is under control of the European authorities. This allows players to be confident in the integrity of the resource, transparency of payments and security of personal data.
Casino project LuckyBay is designed for gamblers from different countries, and it offers a variety of games from the best providers:
• Amatic;
Daily active user surge boosts KamaGames H1 2018 revenue
Gross revenue of Dublin-based social mobile poker operator KamaGames jumped by 53 percent in the first six months of 2018, boosted by a two-fold increase in its daily active users.
However, KamaGames CEO Andrey Kuznetsov did not state the exact sales figures when pressed by how much the company earned during the first half of 2018. In an email to CalvinAyre.com, Kuznetsov noted that the company “always reference gross rather than net revenue.”
“Our gross revenue growing by 53% in the same period from an already strong base of $57.5 million as reported in the 2017 annual results figures is definitely something to shout about,” Kuznetsov said.
Kuznetsov attributed the social gaming firm’s stellar performance in January to June 30, 2018 period to the rise of its daily active users. From 270,000 in the first half of 2017, Kuznetsov pointed out that their daily active users in the first six months of 2018 almost doubled to 530,000.
Japan PM Abe’s popularity plunges over casino law, flood
The popularity of Japanese Prime Minister (PM) Shinzo Abe among the Japanese citizens nosedives following the ratification of the controversial Integrated Resorts Implementation Bill last week.
Nikkei Asian Review reported that voter support for Abe’s administration dropped by 7 points to 45 percent from 52 percent in late June 2018 as the public fumed over the government’s decision to allow the development of casino resorts in up to three locations across the country.
The data was in contrast with Abe’s disapproval rating, which climbed by 5 basis points to 47 percent from 42 percent. Abe’s popularity among Japanese women suffered worse, dropping 9 points to 36 percent from 45 percent. The Japanese PM remained popular among the male population with 52 percent, albeit seeing a 4 percent drop.
Nikkei’s survey was conducted after the severe flooding in Western Japan, the passage of the IR Bill, and diplomatic efforts in North Korea. Apparently, the Japanese were disappointed by the way their government prioritized the IR bill instead of the measures that would improve lives after the environmental deluge.
Mississippi sports betting launch hits a minor delay
Residents of Mississippi may have to wait for another week before they place their bets on their favorite sports teams.
Reuters reported that gambling operators have been given the green light to operate sports betting in Mississippi on Sunday, exactly a month after the game was legalized in the state. However, Mississippi Gaming Commissioner Allen Godfrey said casino operators weren’t done with their preparations for sports betting activities, including the construction of sports bars and meeting other state requirements for the games.
He estimated that it will take at least two more weeks before sports betting becomes fully operational in the state’s casinos.
“Right now, the ones wanting to get started are still in the renovation phase,” Godfrey said, according to the news outlet.
Reuben Portanier: The gaming industry will eventually embrace blockchain
In this interview with CalvinAyre.com’s Becky Liggero, Afilexion Alliance Partner Reuben Portanier dissects Malta’s newest cryptocurrency and gaming regulations that will come into play in August.
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Central European panel discussion at CEEGC2018 Budapest to be moderated by Dr. Robert Skalina (Senior Advisor at WH Partners)
Budapest – 23 July 2018 – With just 64 days left until the third edition of the Central and Eastern Europen Gaming Conference and Awards will kick off, the organizer are anticipating the 3rd sold out event in their portfolio this year. With over 60% of the tickets already the sold, the most prestigious boutique-style gaming seminar is very much awaited by the industry, but also by the organizers.
The third edition of CEEGC will be held at the Ritz-Carlton in Budapest on the 25th of September and promises to once again bring quality networking and learning opportunities for industry shareholders from all around the world.
The organizers are also honored to announce that the “Focus on Central Europe – Slovakia, Czech Republic, Hungary, Poland” panel discussion will be moderated by Dr. Robert Skalina (Senior Advisor at WH Partners).
The panel discussion will feature experts of the industry such as Bartosz Andruszaniec (RM Legal Kancelaria Radców Prawnych), Gabor Helembai (Bird&Bird), Štefan Švec (Playtech) and Jan Rehola (PS Legal).
SBTech secures landmark sportsbook partnership with US casino giant Golden Nugget Casinos
Industry-leading technology provider to supply cutting-edge omni-channel solution to multi award-winning casino operator in New Jersey and Mississippi
London, UK – 23 July 2018 – SBTech, the leading sports betting solutions provider to the regulated global iGaming industry, has been confirmed as the new omni-channel sports betting supplier to Golden Nugget Casinos in Biloxi, MS and Atlantic City, NJ. Golden Nugget is the No. 1 online casino operator by market share in New Jersey and the recent winner of eGR North America 2018 Operator of the Year Award.
This agreement is the latest in a series of US partnerships announced by SBTech, following Churchill Downs Incorporated and Resorts Casino Hotel, further expanding its North American footprint in the wake of the Supreme Court’s repeal of PASPA.
To power its online sports product, SBTech will integrate its sportsbook with Golden Nugget Casinos’ existing iGaming platform in New Jersey providing a full platform and sportsbook solution to the company’s on-property businesses in New Jersey and Mississippi, including an integration into their existing casino management systems.
Tickets now on sale for ONE: Kingdom of Heroes on 6 October
WORLD-CLASS BOXING MAKES ITS ONE CHAMPIONSHIP DEBUT AS THAI SUPERSTAR SRISAKET SOR RUNGVISAI DEFENDS HIS SUPER FLYWEIGHT TITLE
23 July 2018 – Bangkok, Thailand: The largest global sports media property in Asian history, ONE Championship™ (ONE), has just announced that tickets are now available for the upcoming blockbuster event, ONE: KINGDOM OF HEROES, set for 6 October at the Impact Arena in Bangkok, Thailand. In the main event, The Ring and WBC Super Flyweight World Champion Srisaket Sor Rungvisai will defend his boxing world title. In addition, Thailand’s biggest and brightest martial arts talents are set to take the stage and showcase their incredible skills.
Ticket information for ONE: KINGDOM OF HEROES is available at www.onefc.com
Srisaket Sor Rungvisai, The Ring and WBC Super Flyweight World Champion, stated: “I am happy and honored to take part in this historical ONE Championship’s event. I was at ONE Championship’s event in Bangkok earlier this year, and it blew my mind with its world class production, entertainment, and fights. I would also like to thank everyone who made this possible. With ONE Championship opening its doors for athletes like me to showcase our talent on the global stage, it means a lot. This is a new challenge, and I love challenges. I am looking forward to defending my WBC World Title belt in ONE Championship.”
Playtech’s sports betting arm signs deal to expand into Mexico
Playtech, the omni-channel gaming software company, will soon be expanding into Mexico. According to a press release the company’s Playtech BGT Sports (PBS) subsidiary has signed a deal with a local operator, Corporación Caliente, to install a number of the company’s self-service betting terminals (SSBT) at a variety of locations around the country.
Playtech has previous lent casino systems to Corporación Caliente since 2014. However, this will be the first for PBS. According to Corporación Caliente’s Business Development Director, Victor De La Fuente, “This is an exciting moment for Corporación Caliente as we further develop the experience we offer those who visit our casinos…We are continually looking for ways to improve customer engagement and this represents the latest development as part of this strategy.”
The SSBTs will play a key role in expanding the partnership’s relationship in both online and retail environment. PBS expects to the add additional machines to other Corporación Caliente casinos over the course of the next several months.
Corporación Caliente is a subsidiary of Codere, a gaming company headquartered in Spain. Codere already has an agreement with NetEnt that was signed last year, and many anticipate the recent Playtech deal to be the beginning of a substantial expansion by the company into Mexico.
Galaxy Entertainment pays bonus to almost all non-management staff
Galaxy Entertainment Group Ltd. announced last Friday that it is giving a little something extra to a large percentage of its non-management staff. The company said that it will give a “one-off special discretionary bonus” to about 97% of the employees, all of whom hold positions of senior manager or lower. The exact number of employees that would receive the bonus, however, was not mentioned.
The bonus will be equal to one month’s base salary. Where applicable, guaranteed tips will also be included. Galaxy intends on making the payments on August 13 and those qualified employees who joined the company on or after August 2 last year will have their bonuses calculated on a pro-rate basis.
According to Galaxy, “This one-off special discretionary payment is made in special consideration of market competitiveness and the company’s satisfactory business performance in 2018.” Galaxy saw its first-quarter EBITDA (earnings before interest, taxation, depreciation and amortization) increase by 36%, reaching $548 million.
However, Galaxy executives may not necessarily be motivated simply by the increased performance. A labor activist group said last week that it was organizing a petition by Galaxy staff to push for a summer bonus. The petition was drafted over concerns by Galaxy employees that they would not receive their annual bonuses this year.
World Poker Tour looks to expand into India and Vietnam
The World Poker Tour (WPT) is looking to drum up business around Asia and India. The poker organization is planning a new tournament in Vietnam in September and then will make its way to India for its second WPT India tour in November. Both events are expected to provide huge payouts to both poker players and tournament organizers.
The WPT will take a 20-day trip through Asia with the help of a newly announced tournament in Vietnam. The event, WPT Vietnam, will be hosted by Ho Chi Minh’s Pro Poker Club and is scheduled to kick off on September 26. It will include a number of tournaments, including a $500 WPT Pro Poker Club Superstack Classic and a $1,000 Main Event.
Danny McDonagh, WPT Live Events Specialist, describes the event as a massive opportunity to satisfy the area’s “tremendous appetite for poker.” The WPT Vietnam will be preceded by a trip to Japan September 15 – 17 and another to South Korea from September 18 – 21. That trip will see the WPT Korea held at the country’s Paradise City Casino September 19 – 21 and will offer a normal lineup with an additional $5,000 team event thrown into the mix.
The team event features a maximum of 16 teams, each with four players. Players will battle it out in six NLHE and Omaha tournaments, with the winning team being awarded four seats at the WPT Korea Main Event. Several teams, including ones from the host country, Singapore, the UK, Australia and the US, have already announced their participation.