Tag Archives: the daily vice

Warning: New Jersey DGE Expand Online Gambling Self-Exclusion Options – But Read That Fine Print First!

The New Jersey Division of Gaming Enforcement have improved the process for self exclusion from Internet gaming sites, but make sure you read the fine print before signing on the dotted line.

The New Jersey Division of Gaming Enforcement (DGE) has improved the options for Internet Gaming self-exclusion. You can now log on to the DGE website, or NJPortal.com, and complete an online form that will exclude you from all New Jersey Internet gaming sites.

Previously, you had to open an Internet gaming account, before being allowed to self-exclude. All that has changed as of last week. The old forms of self-exclusion still exist. This includes walking into the DGE offices, or in person at racetracks around the Garden State.

“The Division of Gaming Enforcement has one of the most comprehensive responsible gaming programs in the country,” the Division of Gaming Enforcement Director David Rebuck told Pokerfuse. “We strive to be innovative and remain at the forefront of Internet gaming regulation while giving individuals options to play online responsibly, or opt out if that is the right choice for them.”

The self-exclusion period can be for one, or five years, hence the warning to take a breather before hitting that return key. It’s also imperative that you read the fine print before opting for self-exclusion. Here are a few of the reasons why.

1. If you do opt for self-exclusion, and somehow manage to break your own vow, and play online. If you are caught, they will forfeit any winnings, and immediately remove you from the site.

2. By following this option you are opting to be self-excluded from ALL Internet gaming sites in New Jersey. Not just the one site that is giving you all that damned bad luck.

Brian Rast Launches Zen Poker Mentoring

Two-time World Series of Poker bracelet winner, Brian Rast, has launched Zen Poker Mentoring: poker training for the body, mind and soul, with the first class being rolled out in Las Vegas later this month.

With two World Series of Poker (WSOP) bracelets, and $8m in live tournament earnings, tucked away in his treasure chest, Brian Rast knows a thing or two about the finer details of becoming a top notch poker player.

This is why his new venture Zen Poker Mentoring is going to be a great success.

But it’s not just Rast that makes this enterprise exciting.

It’s different.

Poker has evolved; a lot. But, in my humble opinion, the training that is available for poker players hasn’t kept pace. The record yourself playing poker and then posting the video way of doing things is old hat.

There is a movement growing. People call it many different things. I prefer to call it wellness. We are destroying the planet. We are destroying our bodies. More people are realizing this. More people are taking action.

Dipthrong on FTOPS XXVIII; PokerStars Act on SCOOP Customer Feedback

Back to back FTOPS Leaderboard winner, Mark ‘Dipthrong’ Herm, gives his opinion on the XXVIII schedule, and PokerStars show they aren’t just playing lip service when it comes to SCOOP feedback.

There are many things that made Full Tilt famous: t-shirts adorned with donkeys, Rush Poker, and a bunch of robbing bastards immediately spring to mind. But it was an acronym that produced the most groin heat.I’m talking about FTOPS.

15-29 March 2015 are the dates when bedrooms all over the world will smell of sweaty farts as online poker players refuse to leave. FTOPS XXVIII (number 28 for those of you that didn’t go to school), will consists of 35-events, and the organizers have promised $4m in guarantees.

There is a little something for everyone.

The working class can get involved in the action. There are eight events carrying a $100 price tag. Although, you had better like No-Limit Hold’em (NLHE), otherwise you will have to dig a little deeper to play. There are 25 NLHE events all-in-all.

The men and women with too much money can also get involved. Sunday, 22 March, sees the start of a two-day event that will cost $2,500 to enter, and carries a $350,000 guarantee.

There is also a $250 NLHE event carrying a $200,000 guarantee, and the $1,000 Main Event will take place Sunday, 29 March. There will be a million dollar guarantee for that one.

Jorryt van Hoof Announced as Special Guest for the British Poker Awards; Ranking Hero Pick Up Bar Tab

World Series of Poker Main Event fourth place finisher, Jorryt van Hoof, will be the special guest star at the upcoming British Poker Awards, due to take place at the Hippodrome on Monday, 23 Feb 2015.

The British Poker Awards (BPA) have announced that Jorryt van Hoof will be a special guest star at the award ceremony due to take place on Mon, 23 Feb 2015.

The Dutchman – who finished fourth at the 2014 World Series of Poker (WSOP) Main Event, for a $3.8m score – will guest star in a specially arranged pro-am poker tournament, scheduled to take place after the awards have been distributed to the fortunate few.

“With the awards just a few days away, we’re hugely excited to welcome one of the standout poker players of 2014 for our fifth anniversary. Whoever knocks out Jorryt van Hoof from our pro-am tournament is set for a fantastic prize, so you won’t want to miss out!” said Michael Caselli, Bluff Europe Editor-in-Chief.

The special ‘Bounty Tournament’ will be organized by Bluff Europe. Unibet will be the sponsor, and they will supply all bounty prizes, as well as a little something special for the winner.

We are unsure who will be joining Jorryt in the game, but can confirm that Liv Boeree, Victoria Coren Mitchell and Neil Channing will be attending the annual bash at the Hippodrome. Coren Mitchell is one of three players each nominated for three awards: Patrick Leonard and Simon Deadman are the other two.

If you want to get involved in the game then head over to www.hippodrome.com to register. Hurry though. The tournament will be capped at 50 entrants. Tickets for the awards show are also still available at the same site.

Ladbrokes to close another 50 betting shops

UK-listed betting operator Ladbrokes is preparing to close another 50 betting shops as increased taxes and thinning margins take a bite out of retail profits.

The Sunday Times was first to break the news that Ladbrokes will announce the shop closures when it turns in its Q4 and FY 2014 report card on Thursday. The 50 shops due for the axe are in addition to the 90-odd closures Ladbrokes had previously announced. When the rubble clears, Lads’ remaining complement of UK betting shops will have fallen to around 2,150.

The announcement comes just ahead of the March 1 implementation of a hike in the Machine Games Duty. The rate is going up from 20% to 25%, and with fixed-odds betting terminals (FOBT) accounting for half of betting shop revenue, shops that were already struggling to clear a profit will have to go. Lads is far from alone in this regard, as rival William Hill announced the closure of over 100 shops last April.

News of the closure will be celebrated by the Daily Mail and the hordes of anti-FOBT campaigners who never fail to mention their ‘crack cocaine of gambling’ meme when discussing bet shops. (We’ve tried hard to push the ‘salted peanuts of gambling’ alternative but to no avail.)

UK councils have long advocated for more powers to be able to block new betting shops moving into their neighborhoods, even though bet shops are one of the only industries actually willing to occupy many vacant high street storefronts. Both the Association of British Bookmakers and the newly formed Senet Group have attempted to inject some reality into the betting shop discussion but it appears the taxman is winning.

As for Lads’ 2014 results, Morgan Stanley is forecasting revenue will be up 6% over 2013’s total but earnings will fall 7%. In addition to the increased machine duty, UK operators’ margins are having to adjust to the Dec. 1 imposition of the 15% online point of consumption tax.

Weekly Poll: Which gambling destination will benefit the most from Macau’s slowdown?

Take Our Poll

The world’s top gambling hub recorded its first annual decline in 2014 since Macau began releasing financial figures in 2002 and is expected to continue to post a year-on-year drop in the coming months, which is why we decided to ask our readers, “Which gambling destination will benefit from Macau’s slowdown?”

42% voted for “Singapore” while 31% said that it will be “Las Vegas.” 23% belived that it will be “Philippines” and 2% for “Korea.”

Singapore presents an attractive alternative for Chinese gamblers given its proximity and the common use of Putonghua—also known as Mandarin. However, Singapore is feeling the effects of the drop-off and analysts believe that the Philippines and South Korea may be the next best bets for Chinese gamblers.

Total casino revenue on the Las Vegas strip fell as high-rolling baccarat players from China stayed home fearing President Xi’s corruption drive.

Gaming Industry News Weekly Recap – Stories You Might Have Missed

THE AMERICAS

Sportsbooks got a second Super Bowl after Mayweather v. Pacquiao was confirmed for May 2 in Las Vegas; Bitcoin poker site SealsWithClubs shut down after Nevada gaming regulators put Bryan Micon in handcuffs; Atlantic City’s Resorts Casino soft-launched its real-money gambling site; someone took a controlling interest in Pinnacle Sports; Betfair TVG bought the HRTV network from the Stronach Group; California got more online poker bills and Caesars explained why it’s now BFF with PokerStars; attorney general nominee Loretta Lynch thinks the Wire Act is fine as it is but Sheldon Adelson’s anti-online bill got a date with a House subcommittee; MGM Resorts’s Nevada properties had their best year since 2007; the Michigan Lottery paid out its first $1m online scratch prize; Nevada got closer to taking bets on Olympic events; Mexico proposed building casinos in tourist resorts; a bankruptcy judge put Revel back on the auction block; New Jersey learned which judges will decide its sports betting fate while another judge was asked what evidence would be allowed against accused bookie Paul Phua; Vegas braced for the first ever fantasy sports combine and Lee Davy offered a primer on getting banned from the 2+2 forums.

EUROPE and AFRICA

888 Holdings rebuffed William Hill’s advances while Bwin.party shares rebounded on word that it was still talking acquisition with Amaya; Playtech acquired casual gaming outfit YoYo Games; bookies were faked out by another ‘phantom’ football match in Belarus; Sweden put the brakes on its online gambling re-regulation plans; Dutch authorities broke up a “professional large scale” betting ring; South African casinos urged citizens to turn in illegal online gambling operators; Bwin.party shuffled its board of directors; Anna Casino’s Mikael Strunge offered advice on picking up women (customers); Georgia welcomed the WPT while the EPT walked away from Deauville; Manchester United launched a social poker site; Rio Ferdinand and John Barnes discussed the life of a brand ambassador and Net Entertainment’s Per Eriksson revealed that his favorite Guns N’ Roses track is You’re Crazy.

ASIA

PAGCOR won a Supreme Court fight with the Philippines’ taxman; Crown Resorts’ domestic casinos outperformed Macau; Tatts Group’s digital division outperformed retail betting; Indian’s Sikkim state issued its second online gambling license; Mongolia wants casinos to target Chinese, Russian and Japanese gamblers; Australia’s greyhound racing industry erupted in turmoil after animal cruelty footage emerges and Rafi Farber analyzed China’s role in Macau’s year of the suck.

Swedish E-Slotica: Sofia Hallqvist livens up Cherry, Mr Green and Net Ent earnings

Sweden intends to delay its promised revamp of its online gambling market, despite having been called to account by the Court of Justice for the European Union.

Ardalan Shekarabi, minister for public administration, said plans for a national consultation on how best to end the online gambling monopoly of state-owned Svenska Spel will have to wait until the government finds the money to pay for it. This could come as early as April, when the next budget is due to be fixed, although the actual implementation of any new plan could be years away.

In the meantime, we’ve got three Swedish online gambling operators’ earnings reports to consider, which we’ll try to relate with a minimum of tedium. To help the fiscal medicine go down, we’ve littered this page with images of the lovely Sofia Hallqvist, a lads’ mag model who’s set to marry Sweden’s Prince Carl Philip after living in sin together for the past four years.

Way back in 2005, Sofia swapped spit with porn star Jenna Jameson during a trip to Las Vegas. (Top that, Kate Middleton!) Sofia claimed to not have known who Jameson was when the two crossed paths at a party and Jameson reportedly told Sofia she was the cutest girl she’d ever seen. No kidding…

CHERRY AB

Swedish gaming operator Cherry AB addressed the country’s gaming market in its Q4 results statement. New CEO Fredrik Burvall said Sweden had been “quite rightly” taken to the European Court for having “too long, delayed a re-regulation.” Burvall called for a “new order” and a “modernized legislation” that allowed companies like Cherry to “compete on equal terms.”

Cherry saw revenue rise by one-third in Q4 while setting records across all its verticals. Revenue in the three months ending Dec. 31 hit SEK 100.2m (US $12m) while operating losses narrowed to SEK 6.5m from 10.7m in Q4 2013. The quarter contained an SEK 4m cost related to the change at Cherry’s CEO position.

SealsWithClubs Bryan Micon’s home raided by Nevada regulators

More light has been shed on Friday’s announced demise of Bitcoin poker site SealsWithClubs (SwC). On Saturday, SwC chairman Bryan Micon (pictured, in skivvies) posted a video to YouTube revealing that his Nevada home was raided on Feb. 11 by gun-toting agents armed with a search warrant issued by the Nevada Gaming Commission (NGC) “regarding SwC and Bitcoin poker.”

In the video (viewable below), Micon said he was handcuffed and led out of his house in his underwear while a “bunch of guys with guns” searched his house for eight hours and ultimately “stole most of my electronics.”

Micon maintains that he doesn’t believe he was “doing anything unethical” and says he wasn’t arrested or charged with any crime. Micon said the agents who conducted the raid “made it clear that they were very familiar with my social feeds and my entire output as a journalist.”

Micon noted that SwC cashouts were processing as promised and all Bitcoin funds were safe. As Micon put it: “Math does not bow down to guns.”

The timing of the raid coincides with the start of the events that SwC’s Friday announcement said led to the site’s “perpetual state of jeopardy.” Micon said there’d also been “an irregularity” with one of SwC’s data servers hosted by Voxility in Romania, although Micon said it was unclear to him what had transpired from a technical perspective.

The rest of SwC’s management team decided to quit but Micon has vowed to carry on. Micon has assembled a team that is “working extremely hard” to get the new swcpoker.eu domain up and running with the new SwC 2.0 software.

Micon made the announcement from his new base of operations in Antigua. Micon said he’d been planning a family trip to Antigua long before the raid but the developments prompted him to make the move permanent. Micon said he didn’t want his two-year-old daughter to grow up “in a police state where creativity is often met with guns and handcuffs and whatnot.”

India declares card games a “physical” sport; Sikkim issues second online license

India’s Supreme Court has yet to rule on whether poker is a game predominantly based on skill or luck, but it has declared that playing cards is a “physical sport.”

On Friday, Mumbai-based commercial printing firm Parksons Graphics prevailed in its long legal quest to have card-playing deemed a sport. However, unlike similar lawsuits in Western countries, Parksons wasn’t overly concerned with the issue of whether card games were based more on skill than luck. Parksons’ concerns were entirely due to its desire to lessen its tax burden.

Under India’s tax codes, manufacturers of sporting goods have to pay 5% excise duty. Sporting goods deemed not to require physical exercise must pay an additional 1% duty. Since 2011, Parksons has been claiming that its playing cards are exempt from this extra 1% tax.

Challenged on this claim by India’s taxman, Parksons went to court. A Parksons attorney noted that if playing a card game was not deemed a sporting activity, then the game of chess was similarly barred from calling itself a sport. In 2014, a Customs, Excise and Service Tax Appellate Tribunal sided with Parksons.

On Friday, India’s Supreme Court upheld the Tribunal’s ruling, rejecting arguments by the Attorney General that playing cards was “gambling” and therefore not an athletic pursuit. The Hindustan Times quoted Chief Justice HL Dattu saying: “When you play cards, you use your hands. It can be a physical sport. Why not?” Oh, if only ‘why not’ were a more frequent dictum in court cases of this nature…

The Supreme Court has yet to rule on a more traditional skill v. luck case involving games like poker and rummy. The Karnataka High Court has declared that such games are predominantly skill-based but rulings in other states have declared that luck is the primary factor in separating winners from losers.

The Supreme Court was supposed to issue a ruling in November but decided it needed more time to study the question. Should the Court uphold the Karnataka ruling, the Central government would be tasked with establishing a uniform set of rules that would apply to all states. This would undoubtedly open up the door for more states to consider offering online poker services.

Sportsbooks rejoice as Mayweather v. Pacquiao is on for May 2

Christmas is coming early for sports fans and the sports betting industry now that boxers Floyd Mayweather Jr. and Manny Pacquiao have finally agreed to square off in the ring on May 2.

Five years in the making, the fight will go down at the MGM Grand in Las Vegas. The pay per view (PPV) broadcast will be jointly handled by Showtime (which has a deal with Mayweather) and HBO (with whom Pacquiao is associated) and is expected to shatter previous records for both viewers and revenue. No price has been set for the PPV, but $100 seems a reasonably round figure.

The boxers have agreed to split the purse 60/40, with Mayweather taking the lion’s share. Estimates have the purse ranging as high as $200m depending on how many casual fans opt for the PPV. Mayweather’s World Boxing Association and World Boxing Council belts will be up for grabs, as will Pacquiao’s World Boxing Organization title. There is no rematch clause in the contract.

Sportsbooks everywhere are expecting handle of epic proportions for the fight as both recreational bettors and whales look to get in on the action. Mayweather is the prohibitive favorite, with bettors having to put down close to $300 to earn $100 on a Mayweather victory, while a $100 bet on Pacquiao could earn you around $225. Sadly, prolific bettor Mayweather is unlikely to post any betting slips to his Twitter feed indicating his belief in his own abilities.

While the news is a relief for boxing fans, there’s no arguing that this fight would have been infinitely more interesting had it happened five years ago, when both fighters were at their respective peaks. Neither fighter is anything close to a has-been, but they have each lost some spring in their steps and a little snap to their punches. Mayweather will be 38 years old on Tuesday (24) and Pacquiao is 36.

The past five years have been dominated by the boxers trading verbal barbs when they could have been throwing actual jabs and uppercuts. A fight five years ago would also have left open the possibility of at least one rematch. Still, better late than never.

Pinnacle Sports owners sell controlling interest in the company

Curaçao-licensed online bookmaker Pinnacle Sports has been sold to unidentified owners.

Las Vegas-based boutique mergers and acquisition firm Alternative Trading Partners issued a notice on Thursday advising Pinnacle shareholders that an unidentified party or parties had purchased “a controlling interest in the business.” The only identifying data about the purchaser was that they were advised by Dublin’s FinRes and London law firm Mayer Brown.

Pinnacle has earned a reputation over the years for accepting wagers that other bookies won’t touch and is believed to be a particular favorite of famed/feared Nevada bettor Billy Walters.

Pinnacle withdrew from the UK market last year, apparently to avoid conflict with the UK’s new licensing regime. Pinnacle announced its withdrawal from the US market in 2007 but in November 2012, Pinnacle began IP-blocking US customers after being cited in a federal indictment involving Michael Colbert, the former VP of Nevada sportsbook Cantor Gaming (now CG Technology). Despite the media hoopla surrounding that case, Pinnacle’s alleged owners have either had their charges dropped or pleaded multiple felonies down to a single Class B misdemeanor.

In addition to being a preferred destination for betting whales and other sportsbooks looking to hedge their action, Pinnacle is notable for being the only online betting site ever mentioned on The Sopranos. Tony’s crew considered wire-room bookmaking a staple of their income stream – even if Christopher was one shit trader – hence Tony’s thinly disguised annoyance when a hip hop star explained he’d wagered $50k with Pinnacle on a boxing match. To his credit, Tony immediately offered to beat Pinnacle’s money line by 25 bucks.

SealsWithClubs shuts down after operational security compromised

Bitcoin-only online poker site SealsWithClubs has abruptly shut down for good following unexplained technical issues that compromised the site’s security.

The SealsWithClubs site had been offline for over a week following what the company described as “several events … related to operational security.” As a result of these events, SealsWithClubs’ operators believe the site “now operates in a perpetual state of jeopardy.” SealsWithClubs declined to offer specifics, but said these may be revealed at a later date “if any team member chooses to come forward of their own volition.”

SealsWithClubs says it doesn’t believe “any of our Bitcoin wallets used in operations to be compromised or lost.” Players have been urged to withdraw their funds “as soon as possible” and “cease all activity to their account deposit addresses now.” Withdrawals “will only be open for a limited period of time,” which the company suggests could be “at least a few months.” The company insists the operation “is, and has been, completely solvent up to this point in operations.”

In the notice announcing the shutdown, SealsWithClubs says chairman Bryan Micon intends to “carry forward the business with his own team” in Antigua. The company says it “makes the most sense to hand off assets” – including a new SwC 2.0 software package and the swcpoker.eu domain – to Micon, but there will be “no administrative oversight carried over” to Micon’s new site.

SealsWithClubs will not be providing Micon with account passwords, authentication info or balance details. However, SealsWithClubs will provide Micon with account names and their associated email addresses and Krill loyalty point totals. The company says this should allow Micon’s team “it they choose, to reserve usernames and e-mail password resets to users as well as honor their Krill amounts.”

SealsWithClubs’ demise, however temporary, is a blow for Bitcoin acceptance in the online gambling industry. The site was by far the largest Bitcoin-only poker room in operation. In December 2013, the site warned users to reset their passwords following unauthorized access of its customer database server.

South Africa online gambling bill tabled as casinos launch anti-online campaign

South Africa’s online gambling hopes got a minor boost this week with the tabling of the latest version of the Remote Gambling Bill (PMB 3 – 2015).

The private member’s bill was tabled by Democratic Alliance MP Geordin Hill-Lewis, the shadow minister for trade and industry. Largely identical to Lewis’ previous efforts, the 2015 version seeks to expand South Africa’s online menu from the current sports-only betting regime to one that includes casino and poker verticals.

Also similar to Hill-Lewis’ previous efforts, the 2015 version is expected to die from neglect. Last month, South Africa’s Department of Trade and Industry emphatically declared that there is “no intention on the part of the government to propose the legislation of online gambling.” This stance was foreshadowed in November by PricewaterhouseCoopers, who said they “don’t see anything happening” for South Africa’s online gambling expansion “for quite a a period of time.”

While Hill-Lewis keeps up a stirring rendition of High Hopes, the Casino Association of South Africa (CASA) is blaming illegal online gambling for taking money out of the hands of South Africa’s legal casinos and the government’s tax coffers.

CASA CEO Themba Ngobese believes “aggressive” online gambling operators are partially responsible for South African casino revenue growth falling from 10% in the 2012-13 fiscal year to just 0.6% in 2013-14. Ngobese estimated that at least 5% of this revenue contraction was down to people choosing to gamble online rather than in CASA-approved gaming joints. Ngobese said this has cost the government R110m (US $9.5m) in tax revenue.

CASA recently launched a campaign to educate South Africans about “the consequences of illegal gambling.” The campaign will provide info on illegal online gambling across online, radio and print advertising as well as via social media. Chief among the consequences highlighted will be the possibility of R10m fines and 10-year prison sentences for South Africans caught operating or playing on illegal sites.

The campaign also seeks to alert property owners and landlords that their premises might be used for internet cafés that offer access to online gambling sites. CASA has even set up hotlines for concerned citizens to fink on suspected operators. Ngobese said the campaign has “already had some good reports to the provincial gambling boards” which are being “followed up by investigators in sting operations.”

Atlantic City aims to be tourism centered and less dependent on gambling

The Atlantic City council has approved non-gambling redevelopments on Wednesday, aiming to make the city a tourism centered and less dependent on gambling.

Three developments that got an approval were the expansion of Steel Pier to make way for the 205 ft. tall Ferris wheel with enclosed, climate-controlled cars and a zip line ride, as well as new eateries, entertainment and recreational facilities in Northeast Inlet, and an elevated walkway in Boardwalk to bring new business to the area.

“It’s a reinforcement of the importance of adding these other amenities,” said the Casino Reinvestment Development Authority (CRDA) Executive Director John Palmieri. “It’s a good step forward in the ongoing effort to reinforce those non-gambling sectors.”

CRDA will be contributing $8.1 million to the approximately $14 million-worth Ferris wheel project through a loan, which will be repaid from a portion of ride ticket revenue.

The plan has been in talks since 2007, the first year Atlantic City casinos posted declining revenues due to opening of casinos in Pennsylvania. This year, three of the eight Atlantic City casinos that survived 2014′s closings are in bankruptcy, which triggers the city to give people something fun to do in Atlantic City that does not involve gambling.

“We’ve been talking about doing this for 25 years,” said Anthony Catanoso, one of the owner of the family-owned business Steel Pier. “It’s one more example of an amenity we can provide that doesn’t depend on gambling. Observation wheels around the country are very successful, and they’ve become destinations in their own right. This will be the second- or third-tallest in the country, and no one has the view we have with the beachfront, the ocean and the skyline. It’s going to be phenomenal.”

Steel Pier is the home of the famous Diving Horse—an attraction that entertains people in Atlantic City even before the casino industry arrived.

bwin.party appoints two non-executives directors, Gala Coral hires new bingo head

Online gaming operator bwin.party has appointed Barry Gibson and Liz Catchpole as independent non-executive directors with effect from March 1.

Catchpole and Gibson will succeed Rod Perry Chairman of Remuneration and Helmut Kern Chairman of Audit & Risk Committee, who are both retiring from the board after the conclusion of the firm’s 2015 General Meeting.

Gibson, who currently serves as chairman of HomeServe and Harding Retail Group, worked as the senior independent director and chairman of the remuneration committee at William Hill and Playtech, as well as HomeServe and National Express Group and Catchpole is a chartered certified accountant with executive experience primarily across the insurance, business services and property sectors.

bwin.party confirmed that it is in the search for independent directors, following its May 2014 announcement that the firm would restructure its board of directors in order to gain expertise in information technology, market trends and technology delivery in consumer-facing digital businesses.

“I am very pleased to welcome Liz and Barry to bwin.party. Their backgrounds will complement the portfolio of skills and experience of the other directors, whilst also filling the gaps left by Rod and Helmut when they retire later this year,” said bwin.party Chairman Philip Yea.

Gibson will take the role of chairman of the remuneration committee and senior independent director, with Catchpole being appointed as chairman of the audit and risk committee.

Meanwhile, Gala Coral appointed its marketing specialist Victoria Reed as head of the Playtech-powered Gala Bingo brand, directly reporting to Gala brand director Alison Digges.

First ever fantasy sports combine to be held at Wynn Las Vegas

The fantasy sports industry is growing at such a rapid pace that there doesn’t appear to be any ceiling on how big it can get this year. We already know about the massive gains attributed to FanDuel and DraftKings, two of the biggest daily fantasy sports sites in the business today. The former has even announced that it would be hosting the 2015 World Fantasy Basketball Championship in Miami, Florida from April 9 to 11, 2015.

Now, another “first in the business” has been announced and it’s called the Fantasy Sports Combine. The name pretty much explains what you can expect from the three-day event scheduled from July 17 to 19, 2015 at the Wynn Las Vegas and Encore. The use of the word “combine” is of course attributed to the NFL Scouting Combine, a place where college football players showcase their skills and talents in front of scouts, coaches, and front office personnel of NFL teams.

The concept is pretty much the same with the Fantasy Sports Combine even if the purpose is different. Instead of trying to impress team officials, the Fantasy Sports Combine is being prepared to become the go- to place for fantasy sports enthusiasts who are looking for “game-changing insights and strategies on how to win daily, weekly and season long leagues.”

The driving force behind the Fantasy Sports Combine is Drew “Bo” Brownstein, a former hedge fund manager who served a four-month prison term for insider trading. Having already left that part of his life behind him, Bronwstein came up with the idea of the convention last year, just as the popularity of the daily fantasy sports market began gaining serious steam.

“Fantasy sports touches everyone from the head trader at Goldman Sachs to a guy working 60 hours a week at the post office,” Brownstein told Bloomberg. “And it touches both men and women. Its popularity is booming and only getting bigger.”

To his credit, Brownstein is doing his part to make the Fantasy Sports Combine a legitimate event that fantasy sports players from all over North America, maybe even the world, can go to.

He has already assembled a slew of sports personalities who will be part of the three-day event. From proclaimed “fantasy gurus” like Yahoo Sports’ Brad Evans and DirecTV’s John Hansen to legendary coaches like Mike Shanahan and Mike Ditka, the Fantasy Sports Combine is shaping up to be a true spectacle for the industry.

British Poker Awards Welcomes Special Guest Jorryt van Hoof

World Series of Poker third-place finisher to play in special pro-am tournament at London ceremony

19 February 2015, London, UK (Press Release) — Organisers of the British Poker Awards, taking place in London on 23 February 2015, are proud to announce a special guest at this year’s ceremony at London’s Hippodrome Casino: World Series of Poker third-place finisher Jorryt van Hoof.

Van Hoof, one of Europe’s most respected players with more than $4m in live poker earnings, will have a bounty on his head at a specially-arranged pro-am tournament after the ceremony, organised by poker magazine Bluff Europe and sponsored by leading poker site Unibet.

Unibet will be giving away a range of special prizes, both for the winner of the tournament and for anyone who knocks out any of the five bounties. Poker fans can guarantee themselves a seat in the tournament by buying a ticket from www.hippodrome.com.

All guests will be able to enjoy a glitzy drinks reception courtesy of RankingHero.com, the world’s fastest-growing social poker platform. Some of the stars of the UK poker scene, including Liv Boeree, Neil Channing and Victoria Coren Mitchell, have already confirmed their attendance.

“With the awards just a few days away, we’re hugely excited to welcome one of the standout poker players of 2014 for our fifth anniversary. Whoever knocks out Jorryt van Hoof from our pro-am tournament is set for a fantastic prize, so you won’t want to miss out!” said Michael Caselli, Bluff Europe Editor-in-Chief.

Tickets for the British Poker Awards are available to the public from www.hippodromecasino.com.

Iconic Vegas casino could be destroyed to make way for convention center

Liberace played the opening act in 1955. Frank Sinatra once famously lived in one of its suites when he was a regular headline act in the 1990s. For all of Las Vegas’ iconic casinos, none stood taller than the Riviera Hotel & Casino. At least that was the sentiment in the past.

Despite its iconic status in Las Vegas, the Riviera is not immune to the changing times and if the board of directors for the Las Vegas Convention and Visitors Authority (LVCVA) decide to buy the casino, the Riviera could very well be on its last days.

According to multiple reports, the LVCVA is in the final stages on deciding whether to buy the casino for the specific purpose of destroying it to make way for its $2.3 billion expansion plan for the Las Vegas Convention Center. Should the board give the green light on the sale, it is expected to pay $182.5 million to purchase the property from current owner the Riviera Holdings Corporation. As soon as that transaction is completed, the LVCVA will also spend an additional $8.5 million to pay for costs to close it down, or to be more specific, to raze it to the ground to make way for its expansion plans for the new convention center.

The Riviera currently sits on a 26-acre property, so the LVCVA will have plenty of space to follow through on building a host of amenities on the property, including 750,000 square feet of exhibition space. Before any of the newer and more modern operators began building their casinos in Las Vegas, the Riviera stood as one of the best in the city. It was considered as the first high-rise casino on the Strip, boasting around 2,000 hotel rooms and as much as 100,000 square feet of gambling space. It was the place to be in Las Vegas back then, having earned the reputation as a playground for some of the biggest celebrities in the world.

Now, all it has are memories of the halcyon days of Vegas gambling, a time when it stood tallest among the tall and biggest among the big. It has since been overshadowed – literally and figuratively – by more opulent resorts on the Strip and with it came an erosion in popularity among tourists.

So if the LVCVA votes in favor of purchasing the Riviera, we could be seeing a true end of an era for a casino that was one of the first to uphold Las Vegas’ reputation as a tourist and gambler’s paradise.

MGM to renovate MGM Macau; receives waiver to demolish old Zanetti school in Springfield

Few hours after MGM China Holdings Ltd. posted its Q4 and fiscal year revenue results for 2014, the company announced its plan to invest $100m this year to renovate its MGM Macau Hotel and casino.

MGM Chief Executive Grant Bowie said that the investment for the refurbishment of its hotel-casino is a way to remain competitive.

“Our future capital projects for MGM Macau include a redesigned main floor layout to improve traffic flow and operating efficiencies; as well we will be introducing a range of non-gaming products in the form of over 15 new retail outlets and re-conceptualized food and beverage offerings to add capacity and diversity,” Bowie added.

The company expects minimum impact to operations from the main floor revamp and finish the renovation by 3Q of this year.

The MGM Macau renovation plans started last year, which the company spent $45 million. The overall changes will include a total of 27 separate projects, which will be carried out over the period of three years.

MGM’s second Macau property, MGM Cotai, is due to open in in the second half of 2016 and was estimated at US$2.9 billion.

“Construction of the hotel towers have now reached the 16th floor and progress is moving quickly,” Bowie said.