Dean Dorton, supporting partner of the 48th Annual Eclipse Awards, is teaming with the National Thoroughbred Racing Association (NTRA) to host a webinar February 21 focusing on key federal tax reform items for horse and farm owners.
Monthly Archives: January 2019
Early Nomination Deadline for Triple Crown Races Nears
The nomination period for 3-year-olds to compete in 2019 Triple Crown races — the $3 million Kentucky Derby presented by Woodford Reserve (Grade I), the $1.5 million Preakness Stakes (GI) and the $1.5 million Belmont Stakes (GI) — is Saturday.
Jeff Ruby Steaks Tickets to be Released Online Jan. 24
Tickets for the 48th running of the Jeff Ruby Steaks at Turfway Park, a designated points race for the legendary Kentucky Derby, will be released online to the general public Thursday, Jan. 24.
ARCI Publishes New Regulatory Standards
New racing regulatory standards have just been published by the Association of Racing Commissioners International (ARCI) as part of a continuing process to adapt standards to current integrity threats as well as new technologies and innovation.
Partypoker Launches Player Panel to Better Communicate with Poker Community
Partypoker wants a better way to communicate with the poker community. And the poker site may have found it with their new player panel, which will give ambassadors such as […]
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Hunting Horn Back in North America for W. L. McKnight
Pegasus World Cup Turf (G1T) entrant Magic Wand didn’t travel alone on the flight from Ireland as trainer Aidan O’Brien also had group 3 winner Hunting Horn shipped to Gulfstream Park for a start in the W. L. McKnight Stakes (G3T).
Kay Resigns From NYRA, O'Rourke Named Interim CEO
The New York Racing Association board of directors announced Jan. 23 that it has accepted the resignation of NYRA CEO and president Chris Kay, effective immediately.
Belinda Stronach Responds to Father's Ontario Lawsuit
As horse racing industry eyes turn toward the $9 million Pegasus World Cup (G1) and inaugural Pegasus World Cup Turf (G1T) Jan. 26 at Gulfstream Park, the bitter battle between family members who control the South Florida track continues.
Champion Jockey Whyte to Turn to Training
Douglas Whyte, the record 13-time champion jockey in Hong Kong, will quit the saddle in February to embark on a training career.
Winx, Cracksman Co-Winners of World's Best Racehorse
Australian super mare Winx (AUS) and British standout Cracksman (GB) were crowned the 2018 Longines World’s Best Racehorses with an equal rating of 130 at a ceremony Jan. 23 in London.
Mastercard fined €570M by EU for artificially raising fees
Mastercard has been caught with their hand in the cookie jar. The company has been fined €570 million ($648.4 million) by the European Union (EU) after it was found to be keeping lower fees inaccessible from merchants for cross-border payments.
The European Commission announced the fine through a press release on January 22. Margrethe Vestager, the Commissioner in charge of competition policy said in the release:
“European consumers use payment cards every day, when they buy food or clothes or make purchases online. By preventing merchants from shopping around for better conditions offered by banks in other Member States, Mastercard’s rules artificially raised the costs of card payments, harming consumers and retailers in the EU.”
The Commission does not divulge how much of the heightened fees brought in for the credit card company, although for a fee of over half a billion euros, it had to be significant. As Mastercard cooperated with the EU, they were given a 10% discount on the fine.
Tomakomai City receives ‘priority status’ for Hokkaido IR bid
Options are starting to narrow for a Hokkaido Integrated Resort (IR) bid. Tomakomai City has been identified as the preferred site for an IR by an advisory panel to Hokkaido’s prefecture government.
GGRAsia reports that this does not confirm Hokkaido will be confirming a casino bid for Tomakomai, but rather that it has “priority status” as a casino host site. It received this status due to its proximity to the airport and the tourist hub of Sapporo.
Japan is set to award three sites IR licenses later this year. By designating Tomakomai City as a preferred location for one of these bids, Hokkaido is delivering great news to several potential IR partners, and starting to close the door on others.
Earlier this month, Hard Rock made their plans known for a Tomakomai City IR, with monorail access to the airport, hotels, theatres, spas, and a focus on authentic indigenous experiences. Caesars has also announced their intention to build in Tomakomai, focusing instead of the job creation their IR will provide, and their history of collaboration with local government.
PAGCOR expects record revenues in 2019 amid regional competition
The state regulator Philippine Amusement and Gaming Corporation (PAGCOR) anticipates another year of record highs in gross gaming revenue (GGR), as the amount of gaming activity in Asia is poised to increase.
The agency’s CEO, Andrea Domingo, told Reuters that she was projecting a GGR of PHP217 billion ($4.12 billion) in 2019, which would be about 8.5% higher than that achieved last year.
She based her analysis on the fact that “[a]ll the integrated casino resorts are doing very well” at present.
Most of the large-scale casinos in Metro Manila are based in the Entertainment City complex, overlooking Manila Bay: City of Dreams Manila, Okada Manila, and Solaire Resort & Casino. Another casino resort in the area, Westside City, is owned by Resorts World Manila operator Travellers International and is scheduled to open in 2021.
Macau visitation on the rise
2018 was a good year for Macau’s tourism industry. According to a report released by the city’s Statistics and Census Service (SCS), visitation to Macau increased 9.8% last year compared to 2017, with 35.8 million tourists descending on the city. In 2017, Macau set a new record high for visitation when 32.61 million tourist arrivals were recorded, making last year’s number a new personal best.
The average length of stay per trip was 1.2 days, consistent with previous years. The number of visitors arriving for overnight visits increased by 7.2% to almost 18.5 million, which accounted for almost 51.7% of the total visitor arrivals. It also set a new record in terms of quantity. Same-day visitation was 17.31 million, which was an increase of 12.7%.
Last year, 18.9% more visitors arrived by land compared to 2017. There were 22.15 million, with 1.05 million traveling on the newly opened Hong Kong-Zhuhai-Macao Bridge. Those numbers confirm the assertion made last month by the director of the Macao Government Tourism Office (MGTO), Maria Helena de Senna Fernandes, who said that the bridge had played a significant role in the increase of land travelers. The bridge only opened last October.
The number of visitors arriving by air also increased. The segment grew 20.1% over the previous year’s figures, reaching 3.3 million. Land and air arrivals appear to be the favorite methods, as sea arrivals declined 7.8% year-on-year, declining to 10.36 million.
History Book on the Swedish Gaming Industry to be presented in Stockholm
Sweden and the Nordics is the cradle for many of the major iGaming operators who have been operating remotely on the Swedish market through Maltese licenses for the past 10-20 years. As Sweden reregulates, the Centre for Business History in Stockholm releases a comprehensive history book outlining the remote era of Swedish iGaming between 1997-2018, to be presented during the i-Gaming Forum in April.
The i-Gaming Forum is taking place at the Stockholm International Affairs in Älvsjö, Stockholm, on the 11th of April 2019. The event is organized by Techbook and will feature a deep dive into the consequences as Sweden reregulates its market in 2019.
This year, the organisers have decided to go big with the choice of relocating to the Stockholm International Fairs as the venue, which will also hold an affiliate conference, and a blockchain forum as well as an expo space. The evening on the 10th of April will inaugurate the event with an invite-only exclusive C-level dinner in collaboration with SiGMA.
The i-Gaming Forum will also host the official presentation of the history book The Remote Swedish iGaming Industry authored by Dennis Avorin and Karin Jansson Myhr and published by the reputable Centre for Business History in Stockholm. The book, which offers a comprehensive historical outline and in-depth interviews with the founders of the major Swedish iGaming companies, is a testament to the long journey from the early days of online gaming until one of the major markets, Sweden, finally regulates its market and iGaming has completed its transformation into a respected and consolidated industry.
Japan announces casino advertising restrictions
Japan is making progress toward introducing the first steps of its newly approved integrated resort (IR) industry. While it has yet to launch the official bidding process to select destination cities and casino partners, it is putting in place the underlying framework that will govern the activity. In its latest move, it has announced the policies for how the gambling operations will be allowed to advertise in the country, and the approach is strict.
All advertisements for casino activity will only be allowed in the international terminals of the country’s airports and seaports. The official rule will be added to a government ordinance that is expected to be drafted this March. The restriction to prohibit advertisements from public view and relegate them to only the terminals is designed to help prevent gambling addiction.
Advertisements are authorized in areas such as immigration and customs of the international terminals. Other locations where advertising is often found, such as railways, buses and tourist information centers, are strictly off-limits to gambling ads.
Japan passed its IR Promotion Act during an extended session last July. Since then the IR Promotion Council has worked diligently to create a framework that would help control the activity and prevent problem gambling.
Virginia committee passes gambling bill, but it may not be enough
Virginia has long tried to turn its back on the gambling industry, but progress can seldom be stopped – especially when serious amounts of money are involved. The idea of casinos within the state’s borders have been brought up in the past, but have routinely been smothered by objections. There is now a light at the end of the tunnel for the gaming industry, looking to expand into Virginia, as a committee in the state’s Senate has approved a bill that could open the doors to casinos. However, it is still a long road ahead and that light at the end of the tunnel is nothing more than a faint flickering.
The bill was sponsored in part by Senator Louise Lucas. It would allow referendums to be held in cities such as Norfolk, Danville, Bristol, Richmond and Portsmouth in order for these to consider allowing casinos. The Senate Committee on General Laws and Technology, which is part of the General Assembly, passed the bill by a vote of 9-3-1 this past Monday. From here, the bill goes before the Senate Finance Committee for further review and to consider its financial and regulatory implications.
While the bill may be on the right path, there are several roadblocks ahead. Virginia’s governor, Ralph Northam, has expressed his opinion, as have several state legislators, that he would be opposed to putting his signature to any gambling bill in order to provide more time to conduct comprehensive studies. He would like to see at least one of these studies to begin this year.
The state’s Finance Secretary, Aubrey Layne, recognizes the importance of the bill and said that the administration is prepared to watch its progress. But, she added that the legislation is more complicated. She said, “I’m not saying the governor will be for it or against it — but it’s not a study. It’s a big decision. The General Assembly ought to understand we have significant issues to deal with.”
First lawsuit over blown call at Saints-Rams game filed
The Action Network’s Darren Roven called it – sort of. After referees blew a blatantly obvious pass interference (not to mention helmet-to-helmet contact) penalty during the Saints-Rams game this past Sunday, Roven said that he expected the NFL to face a class-action lawsuit within 24 hours. He has now followed up on that prediction, pointing out that a lawsuit (the first of possibly many) has now been filed.
In a Twitter post from yesterday, the sports gambling expert stated, “BREAKING: Attorney Frank D’Amico says he has filed a civil suit in New Orleans on behalf of Saints season ticket holders to make the right call and bring both teams back to replay the end of the game. First reported by @TraversWDSU. More to come.”
According to an accompanying story prepared by Action Network, the lawsuit was filed against the NFL, NFL Properties and the man who steers the ship, Commissioner Roger Goodell. It seeks to convince a judge to force the league to reverse the no-call after Rams defensive back Nickell Robey-Coleman obviously interfered with a pass attempt between Saints quarterback Drew Brees and wide receiver Tommylee Lewis. If the judge agrees to the terms of the lawsuit, the game could be replayed from the point of the foul to its conclusion – less than two minutes – in accordance with NFL Rule 17, Section 2.
According to the lawyer, in speaking with The Action Network, “The law says that a judge can compel an organization who does business in the state to follow its own bylaws in customers in that state are damaged. There’s no doubt people have been damaged.”
Yggdrasil agrees slots content deal with GVC’s Ladbrokes, Coral and Gala brands
Three of the UK’s largest betting and gaming brands to offer innovative Yggdrasil games to extensive player base
23rd January, 2019 – Yggdrasil has finalised a deal with GVC Holdings, owner of Ladbrokes, Coral and Gala, to provide each brand with its market-leading casino slots gaming content.
With a significant online presence and extensive network of betting shops, Ladbrokes and Coral are two of the UK’s leading betting and gaming brands, while Gala is a leader in the UK bingo market. Together they make GVC the UK’s largest high street bookmaker and one of the world’s largest online-led listed companies, licensed in more than 20 regulated markets.
Customers of all three brands will have access to the full portfolio of Yggdrasil’s high performing and compelling casino slots including latest releases Trolls Bridge, Baron Samedi and Hanzo’s Dojo, as well as classic Yggdrasil titles such as the game-changing Vikings trilogy.
Second Macau casino reports odd power loss Saturday
This past Saturday, the casino at the Ponte 16 resort in Macau suffered a 10-hour suspension of gaming activity after losing power to one of its uninterrupted power supplies. Fortunately, the stoppage didn’t result in any major revenue losses for the company, but now a second casino is reporting that it, too, was without power for several hours on the same day.
GGRAsia reports that it has received confirmation from Macau’s Gaming Inspection and Coordination Bureau that the Casino Golden Dragon had to suspend gambling activity for five hours on Saturday for “power-related issues.” The casino is located close to the Macau Maritime Ferry Terminal of Macau’s Outer Harbour area on the peninsula.
Gaming was shut down from 10 AM to 3 PM local time with the bureau, which is known as the DICJ for its Portuguese acronym, explaining to GGRAsia in an email, “On January 19, 2019, apart from a power outage that took place at Ponte 16 casino, Golden Dragon’s casino also had a temporary suspension starting from 10am on that day due to power issues; but operation at Golden Dragon casino had resumed at 3pm on the same day.”
The DICJ added, “The gaming operators need to submit a detailed report to the Gaming Inspection and Coordination Bureau to explain the situation when they need a suspension for their gaming equipment or gaming venues. The bureau will then conduct the corresponding review on the matter and ensure all gaming activities are in place legally and fairly.”