News alert: There’s only one month to go before the All American Sports Betting Summit takes place at Monmouth Park.
The All American Sports Betting Summit is right around the corner. To be held from 18-19 June at Monmouth Park Racetrack, AASBS is going to be a massive attraction to anyone in the sports betting industry.
AASBS is going to include discussions and presentations led by 37 industry leaders across 16 sessions. After the first day, attendees will head over to the American Gambling Awards which is organized by Gambling.com and hosted by fantasy sports analyst, New York Times best-selling author and host of The Fantasy Show on ESPN+, Matthew Berry.
Some of the speakers lined up to participate, include Dave Rebuck, New Jersey DGE; Chris Capra, VP – Digital Sports Book Operations, William Hill US; Manuel Stan, SVP USA, Kindred Group and many others.
New Zealand-based casino operator SkyCity Entertainment Group has chosen Gaming Innovation Group (GiG) to power its new online gambling business.
In March, SkyCity announced that it planned to launch its first real-money online casino product at some point later this year. On Tuesday, the company’s SKYCITY Malta Ltd subsidiary announced a “long-term agreement” with GiG, which will provide its turnkey online casino solution, including a gambling license.
That last part is key, because while New Zealand allows limited forms of online wagering through the New Zealand TAB and local lotteries, the country has yet to authorize any domestic online casinos. The New Zealand Department for Internal Affairs recently warned consumers that internationally licensed gaming sites using dot-nz domains and displaying official government seals were most definitely operating without the government’s approval.
SkyCity’s GiG-powered online casino will operate from Malta under GiG’s Malta Gaming Authority license (and using a dot-com address). The launch is planned for sometime in Q3 2019, so GiG cautioned that there won’t be a material impact on its revenues this year, although there will be a “significant positive contribution” from 2020 onwards.
Online gambling operator 500.com is running out of time – and cash – in which to turn this sinking ship around.
Last week, the Shenzhen-based 500.com reported generating revenue of RMB14.3m (US$2.1m) in the three months ending March 31, slightly more than one-third of the RMB38.4m the company generated in the same period last year and just over half of what it generated in Q4 2018.
The company booked an operating loss of RMB97.3m in Q1, about RMB20m worse year-on-year, while net losses totaled RMB93.2m, up from a RMB70m loss in Q1 2018. The company had cash and equivalents of RMB386.6m at the end of Q1, about RMB50m less than at the end of Q4 2018, so while there’s still some wiggle room, the current trajectory is clearly unsustainable.
500.com was one of only two companies approved by the Chinese government for an online lottery pilot project. That came to a crashing halt in early 2015, when Beijing suspended all online lottery sales after uncovering massive fraud at provincial lottery administration centers.
The largest marketplace and the must-attend event in the gaming entertainment industry in Asia has opened its 13th edition Tuesday in Macau, expecting 18,000 visitors from all around the globe.
Three stories from the World Poker Tour including Will Berry taking charge as the WPT Choctaw Main Event Final Table heads to the HyperX Esports Arena in Las Vegas, Dominick Sannino wins the DeepStacks event in Parx, and the Gardens Poker Festival prepares to open Season XVIII.
When it comes to World Poker Tour (WPT) Main Event Final Tables, the one that began in Choctaw and will end in Las Vegas feels like an untouched field of snow to all but one of the finalists.
The $3,700 buy-in WPT Choctaw Main Event attracted 577-entrants, and Will Berry will lead the final six when the action resumes at the HyperX Esports Arena Las Vegas on May 31.
Berry finished 15th in the WPT Five Diamond World Poker Classic in December, and ran deep in this event last year, finishing 38th. It’s his maiden WPT Final Table.
We are now nearly two months into the 2019 season, meaning we have a pretty good grasp on what teams really are. And it appears that the surprising AL Central leaders, the Minnesota Twins, are for real.
As of this writing, the Twins are just a half-game back of the Houston Astros for the best record in baseball and also trail only Houston for the largest run differential in baseball. Run differential, not a club’s record, generally is the best indicator of a how good/bad a team really is on the season.
Last year, the Twins finished 78-84, which got Manager and Hall of Famer Paul Molitor fired. They hit just 166 home runs, 23rd in the majors. This year? Minnesota is second with 88 dingers under first-year manager Rocco Baldelli. Eight guys have at least seven homers.
A trio of World Series of Poker tales including Chris Lane winning the final World Series of Poker Circuit Main Event of the season, a bracelet winner with a potential WSOP anthem, and good news for New Jersey online grinders.
The 2018/19 World Series of Poker Circuit (WSOPC) has gone the way of the Dodo after Chris Lane took down the $1,700 buy-in Main Event at New Orleans.
The 582-entrant event ensured the $881,000 prize pool beat the crap out of the $750,000 guarantee, and Lane, from Jackson Mississipi, banked the $185,158 first prize along with the final seat into the WSOP Global Casino Championships, and the chance to win a bracelet.
Lane overcame a final table devoid of star status and experience to earn his most significant win. The graphic designer has been playing poker for 6-7 years, and this is his third crown. Lane’s first-ever cash was a victory in the Heartland Poker Tour (HPT) Main Event in Vicksburg back in 2014.
Malta, May 22, 2019 – Win Systems, the leading technology supplier for the gaming and entertainment industry, announced the incorporation of Radka Alekova and Nevena Aleksieva to its sales team, confirming the company’s great growth expectations.
Radka Alekova joined Win Systems at the beginning of the year. She has more than 10 years of experience in the casino operation in Europe, and later in management roles in the development of technology products. Radka will assume commercial responsibilities in Europe as a Regional Sales Manager within the Systems division.Nevena Aleksieva has recently joined Win Systems sales team as the Sales Manager for the Gaming Division in some European, Asian and African countries. Nevena has more than 17 years of experience in the gaming sector, with a solid track record in executive positions of several manufacturing companies and operators. Thanks to this professional background, Nevena will provide Win Systems with her extensive knowledge in some of the strategic growth markets for the company.
Eric Benchimol, CEO of Win Systems, commented: “At Win Systems, we keep looking for the best professionals in the sector to join our project. It is not an easy task because on the one hand, our own growth dynamics continually generates new professionals’ needs, but on the other hand, we need to ensure that the new incorporations understand and share our work philosophy: optimal level of service and customer orientation, the highest standards in the development of new technological products and excellence in sales management.”
“Radka and Nevena fit in perfectly with the qualities we are looking for, and this is why we are fully satisfied and confident that they will contribute to this exciting project that embodies Win Systems.”
Online poker news from the PokerStars Spring Championship of Online Poker, the partypoker KO Series, and the GG Series.
Baklava is a Middle Eastern sweet made from filo pastry, nuts and honey. Sweet-toothed people who don’t eat cane sugar love it. It’s not to be confused with a balaclava, which is a hood you slip over your face when robbing a bank.
Poker is a game played with a deck of cards, and No-Limit Hold’em is the most popular format. It’s not to be confused with the poker sadists use during sexual intercourse, or the one non-sadists use to stoke a fire.
Currently, in parts of the world not run by lunatics, people are playing online poker for vast sums of money. Some of them are eating baklava, a few wear balaclavas, and you might even find one or two eating baklava while wearing a balaclava. I don’t want to deviate towards the sadists, because, after all, this is an article about poker.
Casino operator MGM Resorts International says it has broken off talks with rival Wynn Resorts regarding a possible deal for Wynn’s Boston-area casino project.
Late Tuesday, MGM announced that it was no longer pursuing talks with Wynn over a possible sale of the latter’s $2.6b Encore Boston Harbor casino, which is scheduled to open to the public on June 23.
MGM said it had “noted the anxiety raised by various stakeholders” after news of the potential blockbuster deal emerged late last week. As a result, MGM said it had concluded that “the best course of action is to discontinue discussions concerning this opportunity.”
Last week’s announcement was greeted with bewilderment by gaming analysts, who questioned by Wynn would be willing to walk away from its largest US project outside Nevada so close to the finish line.
The sudden announcement that Dr. Craig Wright has received the copyright for the original Bitcoin whitepaper has already had stunning affects. The market, now starting to recognize that Wright is indeed Satoshi Nakamoto, has responded quickly and Bitcoin SV (BSV) has skyrocketed in price.
According to CoinGecko, BSV more than doubled in price, jumping from $61.80 to $125.41 in the hour after the news was made public. On Bitfinex, it climbed as high as $136 before leveling off, now floating between $112 and $125.
The May 21 revelation that Wright has gained the Copyright, not just for the Bitcoin whitepaper, but the original Bitcoin code as well, helps solidify what he’s been trying to tell everyone for years: he created Bitcoin.
Not only that, but it now gives him more credibility in the public eye when he advocates for the original vision for the digital currency, as a scalable and stable protocol that can grow to be the world’s new money, and provide utility as the world’s new data network. It’s been reborn to do that as BSV.
There was widespread optimism going into the Fasig-Tipton Midlantic 2-Year-Olds in Training Sale, but the May 20-21 auction exceeded expectations, with a record-priced individual and record levels for gross and average.
During the Fasig-Tipton Midlantic 2-Year-Olds in Training Sale, L&N Racing took a shot on a Tapit colt that had a major catalog update when his half brother War of Will won the Preakness Stakes (G1) two days before the sale began.
An Into Mischief filly brought a Fasig-Tipton Midlantic 2-Year-Olds in Training Sale record $1.8 million when sold to Michael Lund Petersen during the May 21 second session.
A Colonel John colt lit up the Fasig-Tipton Midlantic 2-Year-Olds in Training Sale bid board late during the May 21 final session, going to Larry Best’s OXO Equine for $850,000.
Big Ass Fans has launched a multi-year partnership with Breeders’ Cup as an official corporate partner of the Breeders’ Cup World Championships and name-in-title sponsor of the $1 million Breeders’ Cup Dirt Mile (G1).
Unikrn, a global leader at the intersection of blockchain, entertainment and wagering, has created a new technology moat offering instantly available betting experiences for esports and gaming fans.
Built on game analytics, new AI trading bots & screen-analyzing technology, streamer betting is a nonstop, fully automated future of casual wagering. Unikrn will also launch Unikrn Virtual, letting bettors pick from over half a million fresh esports rounds per year.
Together with Unikrn UMode, a player-vs-house skill betting platform for online gameplay, Unikrn is launching unprecedented accessibility for entertainment, skill-based and esports-based wagers every minute of every day.
Unikrn Virtual is a regulator-approved RNG game which uses an approved third-party to randomly generate a round of CS:GO from a curated pool of past professional matches, giving fans the thrill of betting on live esports match without delays or waits. A unique algorithm utilizing both archival and display techniques developed by Unikrn gives users access to key information about an upcoming round of CS:GO, then they may bet on the outcome.
Unikrn users can also exchange currencies, crypto or even digital items (called skins) into regulator-approved ERC20 betting tokens called UnikoinGold. Users can also deposit with traditional means such as credit card.
Eligible bettors can then use the groundbreaking new Unikrn Virtual to find an esports bet offered every minute, even when no events are live. Or they can bet on top streamers. Or they can even bet on themselves in a skill-based UMode proposition, which is even legally available in the United States.
In 2018, Unikrn became the first company to have live, IOM regulator-approved crypto wagering experiences, and as the company continues to expand uses, it projects a crypto resurgence as token value shifts from perception to function.
“Highly-regulated environments, including betting, are the perfect breeding pool for the normalization of mainstream blockchain,” said Andrew Vouris, Unikrn COO, “Using tools from blockchain has helped us develop a system years ahead of other operators, and we’re committed to taking the best ideas of crypto and giving them application.”
Now Unikrn users can parlay a professional esports match and their favorite Twitch streamers, even all in one multibet, and they can make deposits to a currency-agnostic blockchain-based system.
Last year, over 1000 millennia of viewer time were spent watching Twitch alone, making the process of setting odds both daunting and essential for the future of the wagering industry. Unikrn’s streamer betting will tap one of Earth’s most abundant sources of entertainment as an unending flood of engaging wagering content.
“Finding a zero-friction way to let fans engage is essential for the future of betting and crypto,” said Rahul Sood, Unikrn CEO, “You can bet on your own online matches, you can bet on your favorite streamers, or you can find 24/7 esports odds with Unikrn Virtual. This is a level of interactivity only dreamed of in the old world of sports and casino betting.”
An Into Mischief filly brought a Fasig-Tipton Midlantic 2-Year-Olds in Training Sale record $1.8 million when sold to Michael Lund Petersen during the May 21 second session.
