On April 5, PokerGo will livestream the first annual Global Poker Awards Presented by PokerStars in Las Vegas. The awards ceremony. which is replacing the American and also European Poker […]
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Australian horses could return to competing at major meetings in Hong Kong with the two governments coming to an interim agreement on quarantine restrictions.
The Texas Thoroughbred Association, in partnership with Lone Star Park, has announced a catalog of more than 135 hips for the Texas 2-Year-Olds in Training Sale to be held April 9 at the Dallas-area track.
A New Jersey man who claimed a $273 million Mega Millions lottery jackpot this week left the winning ticket at the store.Mega Millions, New Jersey, Winner Stories, Jackpots, Retailer, Multi-State Game
Paddy Power Betfair, the owner of racing channel and advance-deposit wagering platform TVG, sees plenty of opportunity in the emerging sports wagering market in the United States.
Thunder Snow (IRE) rumbles back into action March 9 at Meydan as the Al Maktoum Challenge Round 3 Sponsored by Emirates Airline (G1) highlights the “Super Saturday” card that serves as a preview of the March 30 Dubai World Cup night program.
Sixties Song, an easy winner of the 2017 Longines Latinoamericano (G1) at Valparasio, is back for a repeat bid March 10 at Club Hipico de Santiago. The $500,000 race, at 1 1/2 miles, is South America’s richest race.
While his victory in the Road to the Kentucky Derby conditions stakes March 6 at Kempton Park will not put Jahbath (GB) squarely on a path to the Kentucky Derby (G1), the two-length win likely has earned him a trip to Dubai.
Gary Barber’s Power Gal will try to build on her impressive Martha Washington Stakes win when she stretches out a bit more in the 1 1/16-mile Honeybee Stakes March 9 at Oaklawn Park.
The evolution of poker in India continued recently thanks to new moves by the Global Poker League (GPL) and PokerStars. Following the conclusion of GPL India Season 1, the tournament […]
The post Poker in India Surging as GPL and PokerStars Unleash New Innovations (VIDEO) appeared first on .
Mark Casse will try and move two more contenders up the ladder on the Road to the Kentucky Derby when he sends out two in the $400,000 Lambholm South Tampa Bay Derby (G2) March 9 at Tampa Bay Downs.
This week is a recap of the dead-heat win by Lure and Devil His Due in the April 4, 1992 Gotham Stakes (G2) at Aqueduct. The recap, written by Jenny Kellner, ran in the April 11, 1992 magazine and carried the headline: “The Battle Ended in a Draw.”
Michael Grenham has been appointed to the role of Managing Director, Racing and Sports Betting, at PA (the Press Association), the UK’s leading provider of multimedia sports editorial and data.
Previously Head of Business Development within PA’s Racing and Betting operation, Michael will be responsible for delivering the ongoing growth of the business. In addition to building on relationships with existing partners, Michael will develop new business opportunities and lead work to broaden PA’s portfolio of products and services for the betting market.
Under his leadership, PA this month launched ‘Bet Engage’, a feed of ready-to-publish sporting predictions for betting sites and social media channels, at ICE London.
Michael takes up his new role with immediate effect, reporting to Andrew Dowsett, Chief Operating Officer of parent company, the PA Group. He will be based in PA’s offices in Howden, Yorkshire.
Michael joined PA in May 2018 from William Hill where he held several senior roles and oversaw the development of new betting products and services, including an industry-leading online betting channel and successful sportsbooks for the US market.
Andrew Dowsett, Chief Operating Officer at the PA Group, said:
“Michael brings to the role a wealth of experience across online betting, operations and broadcast. His 20 years’ experience in the betting industry will be critical as PA looks to enhance its rapidly growing racing services and develop new sports products for the betting market.”
Michael Grenham, Managing Director, PA Racing and Betting, said:
“PA’s Racing and Betting operation has built a reputation for excellence over many decades. In recent years the business has increased the number of rights holders it works with and expanded its betting data operation. I look forward to continuing to work with the team and wider market as PA enters a new phase of growth.”
Michael’s promotion follows news that Jim Donnelley, Director of Racing and Betting at PA, will retire at the end of 2019. Michael and Jim will continue to work alongside each other for the remainder of the year.
Somelikeithotbrown has been dubbed the morning-line 8-5 favorite for the $200,000 Jeff Ruby Steaks (G3) March 9 at Turfway Park.
China is expecting Macau to take a larger stance in helping to ensure regulations for the gaming industry are enforced. The director of the Liaison Office of the Central People’s Government in the Macau Special Administrative Region, Fu Ziying, made the assertion this week as Macau delegates to the National People’s Congress met with government officials in Beijing.
Fu is the official liaison between Macau and the central government. His comments came during the Chinese so-called “Two sessions,” annual meetings of the national legislature. The first session involves the National People’s Congress and the second, the Chinese People’s Political Consultative Conference, China’s top political advisory board.
Media reports from both Macau and mainland China state that Fu believes Macau needs to take a more proactive stance in regulating the gaming industry. He added that the city’s government needs to engage more in order to manage economic and financial risks. His comments follow the assertion by casino operators last week that they would help to curb illicit currency exchanges in the city.
The official also expects Macau to take a more serious approach to monitoring trends in gaming activity in the city, as well as in the tracking of external economic conditions that might impact the industry. To ensure that no significant impact to the gaming industry could affect the overall economy of the city, he further asserted that Macau needs to continue working on plans to offer more non-gaming options to attract other tourist segments.
China is expecting Macau to take a larger stance in helping to ensure regulations for the gaming industry are enforced. The director of the Liaison Office of the Central People’s Government in the Macau Special Administrative Region, Fu Ziying, made the assertion this week as Macau delegates to the National People’s Congress met with government officials in Beijing.
Fu is the official liaison between Macau and the central government. His comments came during the Chinese so-called “Two sessions,” annual meetings of the national legislature. The first session involves the National People’s Congress and the second, the Chinese People’s Political Consultative Conference, China’s top political advisory board.
Media reports from both Macau and mainland China state that Fu believes Macau needs to take a more proactive stance in regulating the gaming industry. He added that the city’s government needs to engage more in order to manage economic and financial risks. His comments follow the assertion by casino operators last week that they would help to curb illicit currency exchanges in the city.
The official also expects Macau to take a more serious approach to monitoring trends in gaming activity in the city, as well as in the tracking of external economic conditions that might impact the industry. To ensure that no significant impact to the gaming industry could affect the overall economy of the city, he further asserted that Macau needs to continue working on plans to offer more non-gaming options to attract other tourist segments.
As the casino industry continues to expand across the globe, supporting industries are also raking in the profits. TransAct Technologies, a provider of software and printing systems for both casinos and consumer businesses, reported a 69% year on year growth for 2018, reports GGRAsia.
Overall, the company reported net profits of $5.4 million, despite net sales dropping 3.1%. The big 69% increase was on the back of increase sales in the gambling industry. CEO Bart Shuldman said, “During the 2018 fourth quarter, global casino and gaming sales grew 21 percent year over year as we further expanded our share of the global casino market.”
Overall, sales to the gambling industry increased by nearly $8 million. Sales outside the U.S. had incredible growth in Q4, with a 223% increase.
Despite that growth, they look be focusing on a different sector in 2019: hospitality. Shuldman sees that industry as a “very large sales opportunity.” They won’t be expanding into it aimlessly though; it appears they will leverage the casino relationships they’ve already built.
As the casino industry continues to expand across the globe, supporting industries are also raking in the profits. TransAct Technologies, a provider of software and printing systems for both casinos and consumer businesses, reported a 69% year on year growth for 2018, reports GGRAsia.
Overall, the company reported net profits of $5.4 million, despite net sales dropping 3.1%. The big 69% increase was on the back of increase sales in the gambling industry. CEO Bart Shuldman said, “During the 2018 fourth quarter, global casino and gaming sales grew 21 percent year over year as we further expanded our share of the global casino market.”
Overall, sales to the gambling industry increased by nearly $8 million. Sales outside the U.S. had incredible growth in Q4, with a 223% increase.
Despite that growth, they look be focusing on a different sector in 2019: hospitality. Shuldman sees that industry as a “very large sales opportunity.” They won’t be expanding into it aimlessly though; it appears they will leverage the casino relationships they’ve already built.
One of the formerly most popular hotel casinos on Atlantic City’s Boardwalk is not feeling any love. The Atlantic Club has been closed since January 2014 after increased competition in the area left it with no financial future and, since then, has been looking for a new owner. Several possibilities have risen over the years, only to have each one dry up. The latest deal seemed to be a sure bet until the possible suitor pulled out last month.
According to reports that surfaced last month, North American Acquisitions (NAA) had shown interest in the property and had even entered into negotiations with its current owner, Florida-based TJM Properties. TJM initially denied the reports, with the company’s senior partner, Jeffrey Smolinsky, only acknowledged that casual discussions had been held, but NAA officially cancelled a previously submitted notice of settlement on February 19.
Before the casino closed in 2014, it was purchased by Caesars Entertainment in conjunction with Tropicana Entertainment. Caesars took control of the operations and sold them to TJM five months after the closure and TJM has been trying to unload it ever since.
In 2017, TJM thought it found a buyer, but that deal apparently fell through. Last year, there were two separate entities looking at the property—Stockton University and Advanced Consulting, Inc.—but those deals also dried up.
One of the formerly most popular hotel casinos on Atlantic City’s Boardwalk is not feeling any love. The Atlantic Club has been closed since January 2014 after increased competition in the area left it with no financial future and, since then, has been looking for a new owner. Several possibilities have risen over the years, only to have each one dry up. The latest deal seemed to be a sure bet until the possible suitor pulled out last month.
According to reports that surfaced last month, North American Acquisitions (NAA) had shown interest in the property and had even entered into negotiations with its current owner, Florida-based TJM Properties. TJM initially denied the reports, with the company’s senior partner, Jeffrey Smolinsky, only acknowledged that casual discussions had been held, but NAA officially cancelled a previously submitted notice of settlement on February 19.
Before the casino closed in 2014, it was purchased by Caesars Entertainment in conjunction with Tropicana Entertainment. Caesars took control of the operations and sold them to TJM five months after the closure and TJM has been trying to unload it ever since.
In 2017, TJM thought it found a buyer, but that deal apparently fell through. Last year, there were two separate entities looking at the property—Stockton University and Advanced Consulting, Inc.—but those deals also dried up.