Richard Haddrill, who was chief executive officer of slot supplier Bally Technologies when it was acquired by Scientific Games Corp., has resigned from the Scientific Games board of directors. The resignation was confirmed in a Nasdaq filing July 24. No reason was given for his departure. Haddrill stayed on as a member of the Scientific… Read more »
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Baltimore’s Cordish Companies announced two executive appointments in July. Gaming industry veteran Joseph Billhimer was named executive vice president of Cordish Gaming Group, responsible for leading the company’s expansion into Pennsylvania with the development of two new Live! Casino properties in Pittsburgh and Philadelphia. Bill Mikus was named vice president of human resources. Billhimer brings… Read more »
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Longtime Nevada Gaming Commissioner John Moran Jr. was recently named chairman of the commission. First appointed to the commission by Governor Kenny Guinn in 2004, then reappointed to successive four-year terms by Governor Jim Gibbons and Governor Brian Sandoval, Moran has been acting chairman since the resignation of Tony Alamo in April. Alamo left to… Read more »
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Mohegan Sun President and General Manager Ray Pineault has been promoted to Mohegan Gaming & Entertainment’s (MGE) chief operating officer. He will replace Michael Silberling, who left the job in July. Pineault started at Mohegan Sun eight months ago, assuming the title regional president in charge of Mohegan Sun in Connecticut, Mohegan Sun Pocono in… Read more »
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The board of directors of MGM Resorts International announced July 29 that William J. (Bill) Hornbuckle has been elected as the company’s president and CEO, with immediate effect. Hornbuckle had served as acting CEO and president since March 2020, when former Chairman and CEO Jim Murren stepped down. Hornbuckle was also appointed to serve on… Read more »
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Posiflex Group
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A second special session of the Nevada legislature was held recently covering a wide variety of urgent pandemic-related matters, and in particular Senate Bill 4 that includes limited liability bill provisions for AGEM, its Nevada-based members and other business that will be protected from COVID-related claims. SB4, which also covers concerns from the Culinary Union,… Read more »
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IRVINE, CALIFORNIA, August 25, 2020 — Eilers & Krejcik Gaming is pleased to announce a partnership with Olympic Entertainment Group (OEG). Under the terms of the partnership, Eilers & Krejcik Gaming will provide OEG with subscription-based research and analysis in our Digital & Interactive Gaming and Sports & Emerging Market verticals.
Corey Plummer, Chairman and CEO of OEG, explained, “Expanding Olympic and OlyBet brands in the areas of iGaming and sports betting are key strategic priorities for the groups. Eilers & Krejcik Gaming was the logical choice to provide data and research to support our decision-making in that process. Our multi-year partnership with the NBA demonstrates our commitment to deliver multi-channel entertainment experiences to customers in all of our markets.”
Ross O’Hanley, Senior Vice President of Land-Based Consulting at Eilers & Krejcik Gaming, commented, “Eilers & Krejcik Gaming is proud to partner with OEG as we expand our research and advisory efforts in Europe. OEG’s recent partnership with the NBA and diverse customer base across six Eurozone markets makes them an ideal partner for us.”
About Olympic Entertainment Group:
US football fans are in for an unprecedented deluge of betting-related broadcasting this fall, from dedicated programs talking odds and lines to endless commercial pitches.
As the clock counts down to a new NFL season – assuming it’s not sacked for a loss by COVID-19 – bettors in states where such activity has been legalized are taking to social media to vent about the inescapable betting-related promos from local licensees.
Some viewers claim at least one, and often more than one, wagering promo features in every single ad break on some sports-focused outlets. The nonstop pitches are causing some viewers to have unfortunate flashbacks to 2015, when today’s betting leaders DraftKings and FanDuel ran (literally) 214 hours’ worth of daily fantasy sports promos in the month of September alone.
Among the more outlandish/irritating spots features Howie Long and Terry Bradshaw, Fox Sports personalities and now brand ambassadors for Flutter Entertainment’s Fox Bet brand. The two released a promo that really needs to be seen to be believed, with lots of shouting, frequent yelling of the word ‘boom’ and more fake lightning than Back to the Future.
The UK’s advertising watchdog says only junk food manufacturers are airing more inappropriate ads on kid-focused online media than gambling operators.
On Wednesday, the Advertising Standards Authority (ASA) issued its latest report on age-restricted advertising that somehow eludes the censors and finds its way onto websites that attract an audience with “a disproportionately high” number of children — defined as over one-quarter of the audience — which is a violation of the UK’s Advertising Code.
The first three-month phase of the ASA’s year-long project involved over 50 YouTube channels and other websites. The study employed “CCTV-style” monitoring tools aimed at detecting online advertising related to gambling, alcohol, e-cigarettes/tobacco, slimming/weight control products and edibles deemed to be high in fat, salt or sugar (HFSS).
The ASA found 159 examples of age-restricted ads in violation of the Code, of which 70 ads involved gambling. These adds were run by only four gambling operators and appeared on eight different websites.
The latest winner of a World Series of Poker bracelet, Huahuan Feng, didn’t just win any WSOP bracelet, he won a ‘Big 50’ bracelet, which meant he only paid $50 to enter the event and took home the top prize of $211,282.
As if that achievement was not astonishing enough, Feng also won a package to the World Series of Poker Europe worth $12,000 – not a bad return for what a cockney might call a ‘bullseye’.
Ploughing through 44,575 other entries, Feng of course didn’t have to eliminate all of them. With a $2 million prizepool instead of the initial $1 million put up as a guaranteed prizepool, there were over 4,000 players in the draw for a Day 2 seat and they included GGPoker ambassador Daniel ‘Kid Poker’ Negreanu, the most successful tournament poker player of all time in Chris Moorman and Jack Salter among others.
While Moorman would be among the many who busted before the money bubble, messrs Salter ($230) and Negreanu ($611) both cashed, along with hundreds of others. Once at the final table, Thailand’s Wade Gillett busted first, in 9th place for $15,302. He was followed by British player Dean Lipscombe, before two Chinese players departed with Xiong Huang (7th for $29,906) and Di Lu (6th for $41,809) both departing.
The National Museum of Racing and Hall of Fame will reopen to the public on Saturday, Sept. 5 at 9 a.m. The Museum has been closed since January for the installation of a new state-of-the-art Hall of Fame experience.
The University of Louisville Equine Industry Program will formally launch the ARCI Racing Investigator Certificate Program online October 5-6, 2020.
Nearly five years ago, on Oct. 31, 2015, American Pharoah raced for the last time, winning the Breeders’ Cup Classic by 6 1/2-lengths at Keeneland Race Course in Lexington, Kentucky.
Led by the 145th Preakness Stakes (G1), the Irish Champion Stakes (G1), and Qatar Prix de l’Arc de Triomphe (G1), a total of 44 automatic berths into the Breeders’ Cup World Championships will be up for grabs over the next two months.
Blazing Meadows Farm’s homebred First Song won by 3 1/4 lengths on debut Aug. 25 at Belterra Park, representing the first winner for freshman sire Itsthesameoldsong.
A day after an Aug. 24 workout at Del Mar was abandoned soon after it began, Authentic completed his penultimate workout toward the Sept. 5 Kentucky Derby Presented by Woodford Reserve (G1) at Churchill Downs by breezing a mile at Del Mar.
Some of Vietnam’s casino operators may catch a break on their financial commitments after gaming revenue and contributions to state coffers surged higher.
Figures released this week by Vietnam’s Ministry of Finance show the country’s eight operational casinos generated revenue of VND2.5t (US$107.4m) in 2019, from which the casinos contributed VND1.34t to the state budget.
The 2019 revenue figure was 60% higher than 2018’s VND1.56t, which was in turn 31% higher than 2017, the first year that Vietnam approved a decree allowing a trial of lifting the prohibition on local residents gambling in casinos.
The Corona Resort & Casino on the island of Phu Quoc in Kieng Giang province was selected to serve as the locals gaming guinea pig starting in January 2019. The Corona attracted a total of 105,200 guests last year, of which 47,400 (45%) were Vietnamese citizens. The Corona’s 2019 revenue hit VND1.43t, giving it nearly 60% of the overall market.
Weekly Photo Feature
New Jersey’s online gambling market is poised to welcome its first sports betting exchange, although it’s unclear whether the state’s limited number of bettors will provide the necessary liquidity to make the site a success.
On Tuesday, Rhode Island-based casino operator Twin River Worldwide Holdings (TRWH) announced that it had struck a partnership with Philadelphia-based startup Sporttrade to piggyback on TRWH’s New Jersey online sports betting rights.
In April, TRWH agreed to acquire three casinos from soon-to-be-wedded Caesars Entertainment and Eldorado Resorts, including Bally’s Atlantic City. While that deal is still awaiting formal approval, it will give TRWH the right to operate three online sports betting ‘skins’, one of which it intends to offer to Sporttrade’s proprietary exchange product.
Sporttrade CEO Alexander Kane said his company’s “revolutionary” product would succeed by “applying capital markets technology and market structure” to the US betting market. Kane promised customers “a first-of-its-kind sports betting venue that will be fair, liquid, and transparent” as well as offering “significantly lower costs than traditional sportsbooks.”