Longtime New England multiple stakes winning owner, trainer, breeder and World War II veteran Edward H. Stone died Jan. 29 in Burlington, Mass. He was 100.
Monthly Archives: January 2019
Drafted Secures First Group Stakes Win in Meydan
Florida-bred Drafted secured his first group stakes score when he finished powerfully to take command in the final furlong of the $200,000 Al Shindagha Sprint (G3) Jan. 31 at Meydan.
Online Poker Advocate Rich Muny Blasts Weak Response to DOJ Wire Act Reversal, Calls for Action
The former front man for the the biggest poker advocacy group in the US is making ominous predictions about the future of online poker following the Department of Justice’s (DOJ) […]
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Greece’s online gambling revenue on pace for record 2018
Greece’s online gambling operators are making the government a lot fatter than their land-based casino counterparts, according to new official statistics.
Figures released this week showed Greece’s 15 active online gambling operators generated gross gaming revenue of €356m over the first 11 months of 2018, nearly one-third higher than the sum generated at the same point in 2017.
Greek online gambling revenue totaled €182.8m over the first six months of 2018, putting the five-month total since that span not far off the mark at €173.2m, suggesting that the market continues to enjoy strong momentum following the conclusion of the 2018 FIFA World Cup.
Greece’s online market is currently dominated by a trio of operators, led by Gambling Malta, the parent company of Stoiximan, which claimed the largest slice of online revenue over the first 11 months of 2018 with €145.5m (+7%). Bet365’s local site claimed the next largest slice with €135.2m (+23%) and Sportingbet ranked third with €44.6m.
Nevada casino sportsbooks set revenue, handle records in 2018
Nevada’s casino gaming revenue fell just shy of the $1b mark in December, while full-year 2018’s tally came in just shy of $12b.
Figures released Thursday by the Nevada Gaming Control Board show statewide casino gaming revenue of $999.7m, a 4.1% rise over the same month last year and $30m higher than November 2018’s result. The gains came despite casinos on the Las Vegas Strip slipping nearly 1% year-on-year to $566.2m.
Slots revenue drove December’s gains, rising nearly 10% year-on-year to $635.9m. ‘Table, counter and card games’ revenue fell 4.4% to $363.8m due to declines in baccarat ($102.8m, -14.6%), blackjack ($89.4m, -10.9%) and roulette ($27.4m, -9.2%). Craps broke the negative streak with $32.4m, although this was up less than 1% year-on-year.
For 2018 as a whole, overall gaming revenue hit just under $11.92b, 3% higher than 2017’s result, but well below the market’s all-time peak of $12.85b set in pre-recession 2007. Slots improved 3.8% to $7.7b in 2018, while the other catch-all gaming category rose 1.6% to $4.2b.
NYTB Seats 2019 Board, Gallo Re-Elected President
The newly seated New York Thoroughbred Breeders board re-elected Thomas J. Gallo III, founder and managing owner of Dream Maker Racing, Thomas J. Gallo III Sales Agency, and owner of Blue Stone Farm, as board president.
Call Paul Dials Up Seasonal Debut in Swale Stakes
Graded stakes winner Call Paul will tangle with several good-looking up and comers in the seven-furlong Swale Stakes
BackTrack: Bernardini Puts it Together in 2006 Withers
This week is a recap of Bernardini’s win in the April 29, 2006 Withers Stakes (G3) at Aqueduct Racetrack. The recap, written by Paul Volponi, ran in the May 6, 2006 magazine and carried the headline, “It’s Not Too Late.”
PAGCOR boss wants Duterte to relax about the gambling already
The Philippines could stand to profit from more gambling, but is being held back by one man. That’s the picture Andrea Domingo, head of the Philippine Amusement and Gaming Corp (PAGCOR), told Bloomberg in a report on January 30.
PAGCOR received a directive from President Rodrigo Duterte in January 2018 to freeze out any new applications for casino licenses. Pending applications were allowed to be processed, but it’s been a full year since any new application has been permitted.
Talking to Bloomberg, Domingo said, “Gaming seems to be the sunrise industry now in Asia. There are still areas in the Philippines that can still absorb and benefit from these investments, which won’t go here with the current ban.”
Domingo and other industry experts are afraid that the Philippines may be falling behind its neighbors in development. Several other countries are either in the process of opening new casinos, or considering bids for future developments.
New Sports Betting Integrity Unit to be created in Australia
Australia continues its crackdown on betting. While lawmakers consider how to plug an illegal gambling market that could reach AU$2 billion next year, they’re introducing a strict set of codes for the sports gambling industry. Among the components to be added will be a national watchdog designed to eliminate cheating and match fixing in sporting events.
According to a report in New Zealand’s Stuff news outlet, the new regime targets corruption in sports and will battle a perceived lack of integrity in the industry that has surfaced as a result of online and unregulated betting markets. The regulatory body is being created after concerns have been raised by the former police corruption royal commissioner, James Wood, as well as other senior and federal police officers regarding organized crime and corruption in sports.
In conjunction with the endeavor, Australia will institute a new national sports integrity commission that will gather, and respond to, intelligence on corruption and possible match fixing. That commission is expected to be operational by July of next year.
Under the new guidance, the Department of Home Affairs, the Australian Sports Anti-doping Authority (ASADA) and state and federal policing agencies will work together to pool intelligence data and work with integrity units in the different sports industries.
Americans want legal sports betting, AGA research shows
If any U.S. legislators are thinking about clawing back on sports betting, they better think twice. A new piece of research released by the American Gaming Association (AGA) reveals that 63% of Americans support the Supreme Court’s decision to strike down the federal ban on sports betting.
An overwhelming majority also support the rapid rollout of sports betting legislation. 79% of Americans surveyed support having legalized sports betting in their respective state. With sports betting either legal, or with bills on the way in 36 states already, American legislators are looking to please their constituents as soon as possible, while benefiting from the increased tax revenues that will follow as well.
66% of Americans want to keep sports betting legislation with the states. Although Congress is probably preoccupied with other items anyway, this type of opposition to a federal bill will likely keep the one proposed last year by Orrin Hatch and Chuck Schumer on hold for a while longer.
Most of the major leagues are pushing for “integrity fees,” to mixed results. Only 23% of Americans support that idea, whereas 55% oppose it. With there already being lots of good questions over why the leagues would deserve any extra money when they can’t even deliver their product now without flaws, the opposition appears to be warranted.
NetEnt increases efficiency, opportunities with MaxBill deal
LogNet Billing has announced a new partnership with NetEnt, the premium gaming solutions developer. The deal, announced in a January 31 press release, will allow NetEnt to use the MaxBill Modern Billing solution.
MaxBill will allow NetEnt to automate its partner reconciliation and billing processes. The modern framework of the service allows for a more efficient contract management process with operators.
The press release notes that MaxBill will be integrated with back office tools and data to improve the billing process and expand the paramters available for contracts. This should open up a world of new possibilities for revenue sharing and business agreements that would have been previously unthinkable for NetEnt.
LogNet Billing, the developer of MaxBill, has been working with partners in the communications, TV, content, utilities, financial and transportation industries since 1996. They provide simplified customer support, transparent billing, and automated service delivery their partners.
More casinos in Goa most likely not in the cards
It doesn’t appear as though Goa is ready to accept more casinos. This past Wednesday, India’s Tourism Minister Manohar Ajgaonkar asserted before Goa’s legislative assembly that the upcoming draft tourism master plan doesn’t include any gambling expansion in the region.
According to local media outlet NDTV, Ajgaonkar stated in a written statement on the topic of the draft bill, “All stakeholders involved in the tourism industry would be consulted, before finalising the master plan, which incidentally has been criticised by stakeholders as well as Opposition members.”
When subsequently asked directly by a minister of the Nationalist Congress Party, Churchill Alemao, if any new casinos would be allowed in the region, Ajgaonkar simply said, “No, sir.”
He then added, “The tourism master plan was prepared after various consultative sessions with several concerned stakeholders, obtaining views and comments from the elected representatives, local authorities as well as the general public.”
SLS Las Vegas facelift continues
This past Tuesday, the SLS Las Vegas unveiled the latest of a $100-million renovation being performed on the casino. An event held at The Sayers Club revealed a number of improvements and enhancements, including an updated gaming floor, new hotel rooms and a new Mexican restaurant concept, Uno Mas, will be added to the venue.
The SLS Las Vegas was inaugurated as the Sahara Hotel and Casino in 1952. At the time, it was just the sixth property to be launched on what would become the Las Vegas Strip and quickly became a favorite with a number of entertainers, including Frank Sinatra, Dean Martin and Sammy Davis, Jr.
In 2011, the Sahara closed after having been purchased by the Stockbridge Capital Group in order to conduct a $400-million face-lift on the property. It would take three years for the work to be complete and it reopened as the SLS Las Vegas in 2014. However, the large investment didn’t have the impact Stockbridge anticipated and the resort never turned a profit.
In April of last year, Alex Meruelo purchased the property through his privately-owned Meruelo Group. Once again, a new renovation would be held on the venue, with Meruelo injecting over $100 million to update the resort.
Twin River adds 3 Colorado casinos to its portfolio
Twin River Worldwide Holdings, Inc. has made another, huge step forward in Colorado. The Rhode Island gambling operator is preparing to purchase three casinos in Black Hawk. Twin River already owns the Arapahoe Park horseracing facility and a network of off-track gambling facilities in the state.
According to a company press release, it has agreed to purchase Golden Gulch, Mardi Gras and Golden Gates, all of which are owned by Nevada-based operator Affinity Gaming. Black Hawk is a historic mining town that has become a hot spot for gamblers and offers over 15 gaming parlors and casinos.
Twin River President and CEO George Papanier states, “The acquisition of the Golden Gates, Golden Gulch and Mardi Gras casino properties is a unique opportunity to further grow and diversify our nationwide portfolio of gaming properties. We are pleased to expand our portfolio in Colorado beyond our Arapahoe Park race track and statewide Off-Track Betting network, establishing a significant presence in the growing Black Hawk market.”
Before the deal can be completed, the Colorado Division of Gaming will need to review the plan. Then, the state’s Limited Gaming Control Commission would need to sign off on it. The details of how much money will change hands was not provided, but the acquisition is expected to be completed early next year.
Habanero agrees Parimatch deal
January 2019 – Premium slots and table games provider Habanero has enhanced its footprint in Europe having agreed a deal to supply its full portfolio to Parimatch.
Boasting more than 25 years of experience in the iGaming industry, Cypriot operator Parimatch works hard to develop and enhance the services it offers its players.
Recent releases Hot Hot Fruit, Knockout Football, Pumpkin Patch, and Ways Of Fortune will all be made available to the operator, as will Egyptian Dreams Deluxe and Jump!
Arcangelo Lonoce, European Head of Business Development at Habanero, said: “A lot of thought goes into our offerings and it’s great that Parimatch have recognised that.
Pragmatic Play goes live with Svenska Spel Sport & Casino
Swedish operator teams up with innovative provider
31 January 2019: Pragmatic Play, one of the leading software providers for video slots and live casino, has taken its award-winning content live with Svenska Spel Sport & Casino.
Pragmatic Play’s full portfolio of content is now available to the operator, giving its players access to titles including Great Rhino, Da Vinci’s Treasure and the multi-award-winning Wolf Gold.
The year 2019 marks the first time the state-owned operator can offer casino games, making Pragmatic Play one of the first providers to roll out its slot games with Svenska Spel Sport & Casino.
Sportradar’s production unit receives re-certification for ISO 9001:2015 from TÜV Thuringia
Sportradar’s latest ISO certification underscores the company’s relentless dedication to quality and customer service
St. Gallen, Switzerland — January 31, 2019 — Sportradar, the global leader in analyzing and leveraging the power of sports data, today announced that its Production unit has received re-certification for the International Organization for Standardization (ISO) norm 9001:2015 from TÜV Thuringia. To meet this new standard, an organization is required to display more rigorous commitments to modern guidelines in terms of:
– Strategic orientation and efficiency
– Expansion of target groups
MaxBill expands in online gaming industry with new project at premium global gaming solutions provider NetEnt
NetEnt to automate its customer billing and partner management with MaxBill from LogNet Billing
Warwickshire, United Kingdom (January 31, 2019) – LogNetBilling, the provider of the MaxBill Modern Billing solution for service providers worldwide, today announced that NetEnt, a leading digital entertainment company, has selected its MaxBill solution for the company’s global online gaming operation.
NetEnt provides premium gaming solutions to over 200 online casino operators worldwide, including 888.com, bet365, betfair, bwin, William Hill and many others. The company’s CasinoModule is a complete virtual casino that includes a state-of-the-art portfolio of online video slot games and a variety of live casino games as well as a set of back office management tools.
NetEnt has selected the MaxBill solution from LogNet Billing to automate its billing and partner reconciliation processes. MaxBill will provide NetEnt with a modern framework to efficiently configure and manage the contracts with its online casino operator customers.
iSoftBet set for Czech expansion with major Sazka deal
State lottery to integrate provider’s powerful GAP solution via NeoGames platform – first deal in regulated Czech Republic
31st January 2019: Sazka, the largest state lottery in the Czech Republic, will power its next-generation online casino product using iSoftBet’s market-leading content, fully adjusted and compliant with local regulations.
The deal will see Sazka’s PGMS platform provider Neogames integrate iSoftBet’s complete suite of games that includes best-performing slot and table titles, giving the Czech market leader access to a diverse and comprehensive portfolio of products that are the best fit for Sazka’s DNA. Products that are subject to this deal have been specifically fine-tuned and customised to cater for Czech players in a rapidly emerging and heavily regulated online environment.
iSoftBet’s offering comes complete with supportive admin tools that set the industry benchmark when it comes to innovation. Sazka will be able to take advantage of various advanced marketing and real-time gamification tools as part of the agreement.