Tag Archives: igaming

Crown Sydney casino begs for ‘working test’ of gaming ops

Australian casino operator Crown Resorts has apparently reached the ‘bargaining’ stage of the five stages of grief over the delayed opening of its new Crown Sydney property.

Late Wednesday, Crown issued a statement acknowledging the decision earlier that day by the New South Wales Independent Liquor & Gaming Authority (ILGA) to pause approval of the gaming license for Crown Sydney, which the company hoped to open in mid-December.

Crown said it would focus on opening Crown Sydney’s non-gaming operations ‘in consultation with the ILGA.” Crown subsequently unveiled a management plan for the public Sky Deck on Crown Sydney’s 66th floor, which Crown hopes to open in March.

But in the shorter term, Crown is pressing the ILGA to permit gaming at Crown Sydney under the supervision of ILGA inspectors. Crown also pledged to honor strict anti-money laundering (AML) rules, restructure the company’s management and submit daily activity reports to the ILGA as part of this “working test.”

CasinoBeats Slots Festival announces four editions for 2021

The CasinoBeats Slots Festival is to return with four editions in 2021, with Groove Gaming confirmed as the games showcase’s Platinum Sponsor for the year.

The news comes as the hugely-successful inaugural Slots Festival is extended by a day, in order to give online casino operators and affiliates additional time to try out the vast selection of new games – including 13 as-yet-unreleased titles – on show.

More than 700 people have already registered for the current event and taken the chance to play the latest slots from leading suppliers including BGaming, IGT, Kalamba Games, MGA Games, Microgaming, NetGaming, Oryx Gaming, Scientific Games, Spinmatic, Stakelogic, and Yggdrasil. 

The Festival has proved particularly popular with operators’ product teams, with representatives of 10Bet, Betsson, Casumo, Coingaming, Coolbet, Danske Spil, Dunder, Flutter Entertainment, Fortuna Entertainment Group, GVC, Gamesys, Genesis Gaming, Genting, Hollywood Bets, Kaizen Gaming, Kindred Group, LeoVegas, SlotsMillion, Wildz Casino, and  William Hill among more than 70 operator companies in attendance.

An online version of BgC will update the gaming market in Brazil

On December 8 and 9, from 10 am to 1 pm (Brasília time), the BgC Digital Experience will take place, a 100% online version of the Brazilian Gaming Congress (BgC), the Brazilian gaming meeting that has been discussing the legalization and regulation of so-called games of chance in Brazil since 2013. Organized by Clarion Events Brasil, the event will feature an agile and objective program and offer a networking tool that will enable participants to participate in business meetings and exchange ideas and experiences about the sector.

“We have been in contact with suppliers, operators and other professionals who intend to operate in this market and there is a demand for updates on what is happening in terms of regulation. Clarion Gaming has been the spokesperson for these trends since the beginning, and it is no different now ”, says the general director of Clarion in Brazil, Sergio Jardim.

On the first day, and opening the program, there will be a panel discussion of the Regulation of Sports Betting – which were approved in late 2018, the status of the Lotex (Instant Lottery) concessions and also the prospects for State Lotteries after the decision by the STF (Supreme Court) that imposed the end of the Government monopoly of the lottery operation.

On the second day, the scheduled events will address the proposals that are on the agenda in the Federal Senate for the return of casino operations in Brazil. Other topics included on the Event agenda are the need to adapt the business model to the Brazilian market, the high standards for regulation and control of the gaming sector that assure the availability of efficient tools against money laundering, and efforts to promote responsible gambling.

EPT Online main event won by Swedish player ‘WhatIfGod’ for $1 million

The European Poker Tour has its first Online Main Event winner, and that winner is Swedish player ‘WhatIfGod’ from Sweden. A former winner in other EPT in live tournaments at Prague, ‘WhatIfGod’ sealed the deal with an outstanding heads-up victory against Canadian player Timothy Adams, who incidentally holds the current record for live earnings in 2020.  

With a total of 1,304 entries comprising 924 unique players and 380 re-entries, the prizepool of $5,000,000 guaranteed was well and truly overtaken, with the eventual pot on offer as prizes totalling $6.52 million. That meant a million-dollar top prize and the action on the final day was worthy of such a title and prize money.  

The first player to leave the final table, Kazakhstani player ‘vip25459’ barely got past the velvet rope. With a short-stack and king-jack, they were all-in, but succumbed to the pocket aces of Jon Van Fleet, who came into the final table with real momentum, having made Day 2 of the partypoker Caribbean Poker Party Main Event at the weekend.  

Despite that hand, Van Fleet would be next to go, his ace-king unable to improve against the pocket jacks of Russian pro Viacheslav Buldygin. Three players had gone in less than 40 minutes when Cypriot Andreas Christoforou was busted by David Yan as Christoforou’s pocket aces were agonisingly overtaken by Yan’s ace-king. Yan, hailing from New Zealand, was running hot and his queens then cracked Brazilian player Enio Bozzano’s pocket kings to reduce the field to five.  

UFC 255 odds: Figueiredo the favorite for Saturday

Odds courtesy of OddsShark.com

The small weight classes don’t often headline UFC main cards, but that is the case for UFC 255 on Saturday night from the organization’s Apex facility in Las Vegas as flyweight champion Deiveson Figueiredo defends his belt against Alex Perez. The main card begins at 10 p.m. ET and is available on pay-per-view.

This originally was to feature Figueiredo against former UFC bantamweight champion Cody Garbrandt (he’s currently the fourth-ranked bantamweight), but Garbrandt had to pull out in early October due to injury. Perez was already on the card to face Brandon Moreno but now gets a shot at the title.

The 32-year-old Figueiredo, from MMA-crazy Brazil, is 19-1 in his professional career with that lone loss in March 2019 via unanimous decision to Jussier Formiga. “Daico” has won four straight since. He faced Joseph Benavidez for the vacant flyweight title in February and beat Benavidez by second-round TKO (punches).

Davidi Kitai wins Super MILLION$ for $726,839

With 581 players taking part in this week’s Super MILLIONS, it was a great week to win one, and Blegium’s Davidi Kitai proved he still has a keen eye for timing as he clinched victory and won a massive $726,839 in the process.  

Costing $10,300 to enter, the GGPoker Super MILLIONS once again welcomed some of the best poker players on the planet into its online lobby, creating a prize pool worth an astronomical $5,810,000.  

With nine players assembling at the final table, there was a huge difference between the $161,097 that Russian player ‘iplaytooslow’ would earn and Kitai’s eventual top prize, and the player finishing in 9th place lasted just one hand. Niklas Astedt shoved from th small blind with ace-deuce and ‘iplaytooslow’ failed to live up to their name, making a quick call with ace-king. A deuce on the turn, however, did not reward the correct call, and the field was reduced to eight.  

Exiting in 8th place was Aleks Ponakovs, who was busted in the reverse of the first bust-out. Ponakovs moved all-in for just seven big blinds with ace-six, but when Eelis Parssinen called with king-jack, an ace on the turn helped Ponakovs’ hand but completed a Broadway straight for the Finn to leave just seven players in the hunt for the title.  

William Hill shareholders approve Caesars takeover

UK bookmaker William Hill’s takeover by US casino operator Caesars Entertainment has been approved by the former company’s shareholders, setting up a fresh fight over Hills’ non-US business.

On Thursday, Hills announced that shareholders who control 86.6% of the betting company had voted – on a virtual basis due to COVID-19 – to accept Caesars’s £2.9b offer for the UK bookmaker, easily exceeding the required 75% threshold for the deal to go forward.

Hills also announced that Caesars now expects the deal to conclude by the end of Q2 2021, with a possible conclusion by the end of March, barring any late hurdles thrown up by regulators in the markets in which the two companies operate. Caesars previously projected that the deal would close in the second half of next year.

Caesars has made no secret that its interest in Hills is entirely focused on the company’s US-facing division, leaving the future of Hills’ non-US operations very much an open question. Last week, GVC Holdings CEO Shay Segev told Bloomberg that his company might consider a bid for Hills’ UK and European assets.

Unwrap more FTDs this Christmas

This is a guest contribution by Joonas Karhu, Chief Business Officer at Bojoko.com. If you would like to submit a contribution please contact Bill Beatty for submission details. Thank you.

The highly competitive nature of the online casino sector means that operators must invest substantially, both in terms of time and money, in marketing activity if they are to acquire and convert players at scale with a favourable ROI.

Affiliates can and do play a key role in this process, and here at Bojoko we have been sending players to U.K.-licensed online casino brands for more than three years now. Over that time, we have gathered reams of data that we believe can help operators drive conversions and FTDs.

We want to share this data with operators so that they can tweak their online casino offering to better meet the preferences and needs of the players that we send or that arrive at their casino through any of the other marketing activity they undertake.

Gaming suppliers concerns and how tech can help

This is a guest contribution by Natalya Zheltukhina, Head of Growth: iGaming Domain at Sigma Software. If you would like to submit a contribution please contact Bill Beatty for submission details. Thank you.

We always keep our hands on the pulse of what makes the gaming industry ticking and what challenges operators struggle to solve. Luckily, some of those challenges can be solved using a mixture of technology and domain experience. So, let’s discuss gaming operators’ concerns and how tech can help in detail.

Cost-reduction

An ever-green concern for literally any business is making it as cost-efficient as possible. The cost reduction or cost effectiveness requires a comprehensive corporate strategy. However, being in a loop of everyday processes, these things can be left out of the consideration. So, you need to be sure that your tools are all rooted in technology: modernization and optimization of cloud hosting infrastructure, identifying inefficient modules, legacy elements, gaps and bottlenecks, as well as the software, which is costly to maintain.

Sokratis Kokkalis back in the captain’s chair at Intralot

Intralot has a new group CEO who isn’t exactly new to the company’s operations. Sokratis Kokkalis founded the gaming company and serves as its executive chairman, and also now serves as its boss, as Intralot has announced that he has been reinstated as Group CEO. Christos K. Dimitriadis, who Kokkalis is replacing, will move to oversee operations in the U.S., which can definitely use an overhaul.

Kokkalis was the CEO until this past March when Dimitriadis was brought in, and will now regain control. Whether it’s too late to undo the damage done this year remains to be seen, with Intralot having lost a massive sportsbook and gaming technology deal in Turkey last year and its U.S. operations not producing what had been expected. As a whole, Intralot saw losses of almost $51 million so far this year, according to its 2020 interim report. Those losses were blamed on fallout from the COVID-19 pandemic. 

The 2019 troubles forced Kokkalis to become more active in the company, introducing sweeping changes at the highest levels of its executive component. One of these included the hiring of Dimitriadis to lead the company, but Kokkalis now appears to believe that his efforts and talents will best serve the company in a different capacity. He will reportedly lead Intralot’s continued transformation in the evolving gaming industry and will have a primary role in helping the company expand in the U.S. It isn’t clear how his involvement in that expansion will impact Byron Boothe, who was appointed Intralot’s CEO of U.S. operations this past summer. 

Intralot chose to remain almost mum on the changes, only providing a mandatory, four-sentence notice to the Athens Stock Exchange. It indicated that more details about the shifts are forthcoming, while giving Dimitriadis an “attaboy” for his hard work and dedication. It stated, “Mr. Kokkalis thanks Mr. Dimitriadis for his contribution to date and wishes him success in his future role.” Not a lot of praise for someone who is expected to take a “leading role” in developing a potentially major market like the one seen in the U.S. 

Scotland betting shops headed back to lockdown over COVID-19

2020 is not going to end on a high note for the global gaming industry, or for the small independent operators that were hoping for a fourth-quarter rebound from the disaster caused by COVID-19. Everywhere, new orders are being implemented to have casinos and gambling shops shut down as the coronavirus starts to reappear, and the latest to be forced to take drastic measures once again is Scotland. As of this Friday, around 500 gambling shops there will turn off the lights for another forced timeout because of COVID-19.

Scotland is implementing “Level Four” procedures to try to prevent a recent coronavirus spike from getting worse. Under the level’s guidelines, all bars, restaurants, non-essential stores and hospitality venues need to halt their operations until December 11. Caught up in this are the gambling shops, representing about half of the market, which are already under considerable strain because of the global pandemic. Already this past July, there were concerns that the Scottish gambling industry was close to folding because of COVID-19.

According to Scotland’s First Minister, Nicola Sturgeon, “Stubbornly high prevalence means that we might have less flexibility to offer some limited and careful easing of restrictions over the Christmas period which we are very keen to do. Moving to Level 4 restrictions for a limited period in some areas, while not a decision we would ever take lightly because of the wider economic and social impact, would help us to address both of these concerns.” However, while the gambling shops and other activity will be forced to a grinding halt, sports games will continue. 

The Betting and Gaming Council (BGC), as it has done previously, supports the government as it tries to keep COVID-19 from becoming a larger problem again. However, it also registered its concerns that more support is not being given to the gaming industry. It also feels that including the gambling shops in the lockdown might not be warranted, given the gaming industry’s ability to responsibly implement measures to prevent the coronavirus from spreading. With hundreds of gaming industry workers already at risk of losing their jobs, the new shutdown, only a month before Christmas and Hogmanay, is not going to give many people reason to celebrate.

Atlantic City casinos to invite gamblers for Thanksgiving

 While news is running rampant that Thanksgiving should be canceled in the U.S. this year because of COVID-19, there is at least one location that will buck the trend. Atlantic City is telling gamblers to put on their best gambling clothes and head to the city’s casinos, as these won’t be closing. However, they shouldn’t expect to find turkey with all the trimmings in the venues’ restaurants.

Casinos in several states have either now closed, or will be closing this week, temporarily because of a spike in positive COVID-19 cases in their respective states. Even New Jersey has seen an increase recently; however, Governor Phil Murphy doesn’t believe that shutting down Atlantic City’s gambling scene is warranted. In many ways, his position on keeping casinos open makes a lot of sense.

According to recent data, casinos rank 44 on the list of places where people are most likely to catch the novel coronavirus. By not closing down Atlantic City, Murphy is giving individuals a potentially safe place to go and is keeping them from possibly participating in a large community gathering where the spread of COVID-19 has been shown to be a problem. In addition, casinos have implemented health measures to help control the virus.

Murphy asserts, “We believe, based on the evidence that we have, that they’ve been able to responsibly manage their casino floors. Whether it’s through personal protective equipment, dividers, capacity management, temperature checks, review of symptoms checks with people who go onto the floor, there is not any evidence … that there is a big outbreak coming from participating on the floor.”

Bally’s Corporation to acquire premier U.S. regulated sportsbook technology platform Bet.Works

Proprietary Technology Stack Key Step In Bally’s Transformation To Become Premier Vertically Integrated Omni-Channel U.S. Gaming Provider.

Acquisition Enables Significant Expansion of Sports Betting and iGaming Initiatives.

Providence, R.I. — November 18, 2020 –– Bally’s Corporation (NYSE: BALY) today announced that it has entered into a definitive agreement to acquire Bet.Works, a U.S. based, sports betting platform provider to operators in New Jersey, Iowa, Indiana and Colorado, for $125 million, subject to adjustment. Upon acquiring Bet.Works’ proprietary technology stack and turnkey solutions, which include marketing, operations, customer service, risk management and compliance, Bally’s will become the premier, full-service, vertically integrated sports betting and iGaming company in the U.S. with physical casinos and online gaming solutions united under a single, preeminent brand, thus enabling it to launch its B2B2C business model.

Half of the Bet.Works purchase price will be paid in Bally’s common stock, which Bet.Works shareholders have agreed to hold for at least a year.

Gambling Industry Announcement and Partnership Roundup – November 19, 2020

In the fast-moving world of gambling, sometimes you might miss news that could be important to you. To make sure you’re all caught up on gaming industry news, be it online or brick and mortar, we’re rounding up the some of the announcements and partnerships from the last week that you might have missed.

Don’t miss out on all of the latest announcements. Our Press Release section is updated constantly.

BetConstruct: East & West Vol. 2 to Expand Industry Horizons

Following the success of the first edition of the virtual igaming expo East & West BetConstruct has decided to open the doors of its digital event hosting platform for the industry representatives and aficionados for the second time on December 8-9. 

Macau gaming operators to push international sports next year

Macau is determined to become known as a world leader in diverse tourism and it is starting with what could be the only global industry that rivals gambling in popularity. Beginning next year, Macau will focus a lot more effort and resources on attracting sports fans following an agreement established between Macau leaders and the six licensed casino operators in the city. Each could host a major sports event every month for all of 2021.

Macau Chief Executive Ho Iat Seng explained this week that one of his top goals for 2021 is to bring international sports events to the city. He confirmed that this plan is already in motion and, in discussing the development with lawmaker Ma Chi Seng, stated that casino licensees are on board. He indicated that hosting an international sports events, or serving as a title sponsor for one, twice in the year would be the goal of each licensee, giving Macau a total of 12 events to put on the schedule. 

Ho explained, “We have been talking to the gaming concessionaires to organize two of these events for each one. This means 12 events per year that will be held not concurrently, but tentatively one per month. The gaming concessionaires provided a positive response and from the end of this year; we are already doing some events that are possible to host like the [Macau International] Marathon and the World Table Tennis Championships.”

Elsie Ao Ieong U, the Secretary for Social Affairs and Culture for Macau, has reportedly already delivered a list of events that the city could bring in next year. Before any announcement is made, Ho will have to sign off on the suggestions, as he will make the ultimate decision on what types of activities Macau wants to attract. It won’t be an easy process, as the current COVID-19 situation could ultimately force changes to any potential schedule, and the Summer Olympics will be held in Tokyo next year, as well. He acknowledges that the process is going to be complex, but believes it will ultimately serve the city’s best interests. 

Nevada teachers’ union wants casinos to pay more taxes for education

An initiative launched by the Clark County Education Association (CCEA) to increase the taxes paid by Las Vegas casino operators has merit, but the timing couldn’t be worse. The CCEA, the largest teachers’ union in Las Vegas, circulated a pair of petitions as it looked to gain support for a push for increased taxes, and was able to exceed its goal by more than 100% for each. If the proposals find legislative support, the additional money would go to fund educational programs from the kindergarten to the high school levels.

One petition wants to increase Nevada’s sales and use tax to 4.1% from its current 2.5%. The money collected from the increase would go toward programs defined in the guidance of the Local School Support Tax. The second petition wants to increase the gross gaming revenue (GGR) tax to 9.75% from 6.75%, and would only target those casinos who earn at least $250,000 in a particular month. That additional money would be used for different education programs.

Asking casino operators to pay 4.5% more in taxes while reeling from a massive meltdown caused by a global pandemic will certainly meet a lot of resistance. Las Vegas casinos are still scrambling to find solid ground because of COVID-19, and some analysts have predicted that a full recovery could be three or four years away. As the coronavirus continues to reappear, it could take even longer for casinos to get back to normal, and it’s likely that some will have to call it quits before the dust settles.

Nevada’s gaming industry is already scoffing at the idea. The state took in GGR of $2.3 billion in the most recent quarter, 23.5% less than it saw a year earlier. The Nevada Resort Association issued a response to the tax initiative this week, asserting, “As Nevada’s largest industry and economic engine continues to do all it can to recover and bring employees back to work, now is not the time to target the resort industry with a 44 percent tax increase that would further damage Nevada’s recovery efforts, create permanent job losses, and further jeopardize capital investment and future economic development.”

Lawyer wants IPI boss jailed on contempt of court

Donald Browne may live to regret giving up his position as Senior VP of Security at Imperial Pacific International (IPI) to take on the role of CEO. Browne moved into the hot seat this past July, but has had to deal with nothing but headaches since then. IPI, the casino operator behind the unstable Imperial Palace casino in Saipan, has continuously been called out for not paying its bills and possibly breaking federal law, and has even, on several occasions, been unable to pay its workers. This latter embarrassment is the target of a local lawyer, who is now pushing for Browne to be locked up for contempt of court. 

Aaron Halegua, an attorney working for seven construction employees who launched a lawsuit against IPI for lack of pay, believes jail time is warranted for Browne. The executive is said to have testified before the Gaming Committee of the House of Representatives in the Commonwealth of Northern Mariana Islands (CNMI), that he “oversees the entire operation” of the company and is “very familiar with the financial position of IPI and the availability of funds.” Because of this, Browne would have been completely aware of the company’s financial health and whether or not it would have been able to cover its bills at all times, but agreed to a court order to pay the workers, anyway. 

Halegua asserts, “In the present case, there is no dispute that Browne was aware of the fee award [to workers] because he submitted the sole declaration in support of IPI’s motion for an extension of time to pay the sanction. Browne also exercises control over IPI and has the authority to direct that IPI pay. Or to direct the sale of certain assets to make payment… Because Browne knew about the order and deadline for payment, [and as] he has been the top executive of IPI since July 2020, and he did not act to ensure the compliance with the order, the court should hold him in contempt.”

IPI was ordered in December of last year to pay $30,000 in legal fees and related costs tied to the ongoing dispute over wages; however, the company still hasn’t fulfilled its obligations. This past April, a court judge ruled that IPI was in contempt and tacked on a $2,000-per-day fee until the payment was made. However, the company seems more willing to continue to rack up a larger bill than try to make good on the order, and no one – not the courts, the CNMI government or the Commonwealth Casino Commission – seems willing to take more drastic, and deserved, measures against IPI.

Next Jeopardy! host odds: Ken Jennings favored over TV hosts

Now that an appropriate time of mourning has past, rampant speculation has begun over who will replace long time Jeopardy! host Alex Trebek, who passed away earlier this month after handing out answers and asking for questions for 37 seasons. There’s plenty of opinions flying online, and we have odds from Bodog to help figure it out.

Alex Trebek’s picks

Trebek himself only ever named two people as potential successors, but there’s a third man who was clearly dear to him.

Jeopardy! Greatest of All Time Champion Ken Jennings leads the odds. Jennings still holds the records for longest Jeopardy! winning streak at 74 games, as well as the most money won on U.S. TV game shows ever. He was also hired as a backstage consultant for Trebek’s final season, giving him a leg up on the competition.

India continues to crack down on gambling as courts beg for clarity

With this years’ Diwali now in the past, Indian authorities are already worried about gambling activity leading up to the January festival of Sankranti. Police are on the lookout for gambling dens, cockfights, online gambling and celebrities getting their beak wet.

In the port city of Visakhapatnam, police are already on the lookout for cockfights. While authorities told the Times of India that cockfighting is not as prevalent in Northern Andhra Pradesh, where Visakhapatnam is located, they’re having a hard time cracking down on the activity as organizers are pretty good at staying mobile.

They may need to keep an eye online as well. In the Philippines, cockfight gambling gained popularity this year thanks to Covid-19 restrictions, forcing the government to consider regulating it and taxing it to help fund their relief efforts.

That doesn’t seem like the solution some Indian provinces will want to go for. The Madras high court is seeking guidance from the Tamil Nadu government on online gambling. A rash of recent suicides related to online gambling debts have them anxious about the legal status of the activity, especially in light that chief minister Edappadi K Palaniswami has said some kind of ban may be coming.

Becky’s Affiliated: How social video games are filling the in-person interaction void

As more and more countries are back under some sort of lockdown to battle a second wave of COVID, we are all craving in-person interaction and must depend on digital platforms to fulfill this basic need. Entertainment has taken on a whole new meaning during this time, moving away from travel, public venues, house parties and other in-person activities and towards digital options such as social video games.

In an effort to combine human interaction and entertainment in a safe (digital) environment available to anyone, Derrek Morton and his team at FlowPlay have been working on some exciting innovations.

Morton himself has been working in the video games industry since the early 90s, “catching the bug” after going to film school and then working on a video game about making movies.

“Working in games is amazing, it uses both sides of my brain, my creative side and my technical side, it’s the perfect combination”, he said.