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Steve O’Dwyer Takes Down Another 50K High Roller at EPT Monte Carlo

Casino News Daily
Steve O’Dwyer Takes Down Another 50K High Roller at EPT Monte Carlo

Popular poker pro Steve O’Dwyer scooped another title from a PokerStars-branded High Roller last night at the Monte-Carlo Casino during the ongoing EPT festival. The player emerged victorious over a packed field of fellow high roller specialists to collect the tournament trophy and €676,300.

O’Dwyer played the €50,000 Single-Day High Roller. The event took place at the Salle des Americas poker room at the host venue on Sunday. It attracted 30 unique participants and 11 re-entries. O’Dwyer himself did not need to shoot a second bullet as he navigated through the event’s field beautifully to collect the largest payout.

Speaking of money, the tournament’s field created a prize pool of €1,988,910, which was distributed between the top six finishers.

EPT Monte Carlo Super High Roller champ Sam Greenwood became the unfortunate bubble boy in the €50,000 buy-in tournament. Germany’s Rainer Kempe was the first to fall into the money. The player’s share of the prize pool totaled €139,200.

Daniel Dvoress and Justin Bonomo were the next to exit the tournament, cashing €179,000 and €228,700, respectively. That was a second High Roller final table for Bonomo in just as many days as the player took part in the Super High Roller the previous day to finish fifth for €401,000. Steffen Sontheimer busted in third place, good for €467,410. His elimination set the heads-up match between O’Dwyer and Nick Petrangelo.

Two-Handed Action

It was in fact Petrangelo who eliminated Sontheimer to scoop his chips and the chip lead. He had 2.1 million at the start of heads-up to O’Dwyer’s 1.8 million. It took an hour before the name of the champion was determined.

And it was really all decided in the final two hands of play. Those two hands helped O’Dwyer gain control over the majority of chips in play and eliminate his final opponent. On what turned out to be the final hand dealt in the tournament, Petrangelo went all-in for his last chips and O’Dwyer called.

Petrangelo had [Qh][5c] at that point to clash against his opponent’s [Jh][Kd]. The [3c][2d][Qd][Ks][10s] ran out on the board to seal it for O’Dwyer. Petrangelo left second place for €467,410 of the prize pool.

O’Dwyer’s latest cash helped him boost his live tournament earnings to over $22.1 million. It is important to note that back in January O’Dwyer won another 50K High Roller. The player topped the elite field of the PCA $50,000 High Roller to collect $769,500. Back in January 2016, he won that same event for $945,495. And in December 2015, O’Dwyer captured the EPT Prague €50,000 Super High Roller title for €746,543. These are just a few of the countless high roller events the player has excelled in over the past several years to establish himself as one of the most seasoned and accomplished high roller players in contemporary live poker.

The post Steve O’Dwyer Takes Down Another 50K High Roller at EPT Monte Carlo appeared first on Casino News Daily.

East Chicago casino to begin renovations

Casino News – Focus Gaming News
East Chicago casino to begin renovations

The Ameristar Casino is set to begin a top-to-bottom renovation to improve player experience today.

The post East Chicago casino to begin renovations appeared first on Focus Gaming News.

Better Collective receives financing for expansion

Gambling Insider
Better Collective receives financing for expansion
Better Collective has secured financing to continue its strategy of growth through mergers and acquisitions in the form of a loan agreement with Nordea for $41

Ocean Resort Casino Owner Promises Difference-Making Experience upon Property’s Reopening

Casino News Daily
Ocean Resort Casino Owner Promises Difference-Making Experience upon Property’s Reopening

Days after reports emerged that Ocean Resort Casino, formerly Revel, will open doors on June 28, the property’s owner, Bruce Deifik, revealed important details about their plans of how to prevent it from failure.

The former Revel launched in 2012 to much fanfare, but survived in the highly competitive East Coast casino landscape for just over two years. The property was shuttered in 2014 to become one of four Atlantic City Boardwalk casino properties to close doors that year.

Revel was purchased by Florida developer Glenn Straub in 2015. The businessman announced back then plans to reopen it as a casino resort but missed several self-imposed deadlines, while bickering with the owners of the power plant that serviced the property and with city officials and casino regulators over whether he needed a casino license or not.

Mr. Straub eventually accepted a $200-million offer from Mr. Deifik late last year after previously being approached by several other interested parties with similar bids. It became known earlier this year that the property will reopen doors as Ocean Resort Casino sometime this summer.

A Difference Maker

According to reports from local news outlets, the property might open on June 28, along with Hard Rock’s redesigned and rebranded Hard Rock Hotel & Casino Atlantic City, or the former Trump Taj Mahal. In his conversation with The Associated Press, Mr. Deifik did not confirm those reports. However, it became clear that the property is still targeting a summer 2018 opening, just as previously announced.

Mr. Deifik said that they have been paying close attention to what people have to say about Revel, both positive and negative and transfer that into their work on turning Ocean Resort Casino into an attractive destination. Listening to what people say and treating them with respect, Mr. Deifik believes, will be the difference-maker.

The property’s new owner will look to learn from mistakes and to broaden Ocean Resort Casino’s accessibility to different groups of visitors. For instance, there will no longer be a two-night stay requirement, a wall that previously blocked access to the casino floor from Atlantic City’s Boardwalk will be replaced by stairs that will welcome foot traffic, and there will be more facilities dedicated to children.

Customers of the former Revel have said that they felt unwelcome there and that higher-end visitors and guests were seemingly treated with more respect. Mr. Deifik said that customers and gamblers of all levels will be welcome to Ocean Resort Casino.

There were previous complaints that smoking patrons felt unwelcome at Revel as they were not able to smoke at the property. Mr. Deifik said that while he is not a smoker himself, he understands that group of customers deserves to be treated respectfully and that it will be welcome at Ocean Resort Casino, once it opens doors this summer.

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Janis Laganovskis to speak at upcoming Mare Balticum Gaming Summit

World Casino News
Janis Laganovskis to speak at upcoming Mare Balticum Gaming Summit

After announcing the first lineup of speakers back in February, organizers of the Mare Balticum Gaming Summit have announced that four regulators will be present during the event to provide briefings and official gaming numbers from the Danish, Estonia, Latvia and Lithuanian markets. Each market will have panel discussions on the schedule with Janis Laganovskis […]

Sam Greenwood Takes Down EPT Monte Carlo €100,000 Super High Roller

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Sam Greenwood Takes Down EPT Monte Carlo €100,000 Super High Roller

Canadian poker pro Sam Greenwood was the first player to register into the 2018 EPT Monte Carlo €100,000 Super High Roller event and, in the early hours of Sunday, he became the last man standing after besting a field of 30 of the world’s best high rollers.

Greenwood collected €1.52 million after a lengthy final day of play, which included an action-packed heads-up battle against Germany’s Christoph Vogelsang. The German received €1.046 million for his runner-up finish.

It was in fact Vogelsang who led the final six players into Day 3 of the Super High Roller tournament. He had a massive chip lead over the rest of his opponents, but it should be said that all six survivors were running quite deep at the start of the day.

The first elimination of the day occurred quite quickly. Isaac Haxton fell out in sixth place, after clashing against Vogelsang. The player collected €313,000 for his performance.

It then took hours before another player left the final table. The remaining survivors were all careful during those several hours, playing small pots and trying not to get themselves into trouble. Justin Bonomo, who was vying for his second EPT Monte Carlo Super High Roller title was the next to leave, good for €401,000.

Bonomo was followed by the other former EPT Monte Carlo Super High Roller champion at the final table, Germany’s Ole Schemion. His share of the prize pool totaled €513,000. The elimination of recreational player and businessman Ali Reza Fatehi in third place marked the beginning of the heads-up match. Fatehi meanwhile scooped €669,920 from the tournament.

Greenwood vs. Vogelsang

An action-packed four-handed play which involved all four players taking the lead at some point was followed by an even more exciting heads-up duel. The match began with Greenwood holding 7.61 million in chips to Vogelsang’s 3.89 million.

However, the German spotted an opportunity to even and then take the lead which he played beautifully. At one point, Vogelsang was just a river card away from the title, but that river card went Greenwood’s way to save him from busting out in second place.

It was a lengthy heads-up battle which extended into the early hours of Sunday. It was half an hour past midnight when the job was finally done and the EPT Monte Carlo Super High Roller had its new champion.

On what turned out to be the final hand in play, Vogelsang’s [Ah][5h] clashed against Greenwood’s [Ks][Jc]. A [Js] on the flop and a [Jd] on the river sealed it for the Canadian player. Vogelsang received €1.046 million for his excellent performance and deep run.

Last night’s victory marked Greenwood’s largest live tournament win. It is also interesting to note that the Canadian player came into the EPT Monte Carlo festival fresh from two tournament wins earlier in April. The player first topped the field of the partypoker Millions Grand Final Barcelona €50,000 Super High Roller for €1 million in prize money and then won the WPT Amsterdam €6,000 High Roller for €125,785.

Including his latest in-the-money finish from last night, Greenwood’s live tournament winnings currently exceed $11 million.

The post Sam Greenwood Takes Down EPT Monte Carlo €100,000 Super High Roller appeared first on Casino News Daily.

GameArt Limited inks games supply deal with iSoftBet

World Casino News
GameArt Limited inks games supply deal with iSoftBet

After inking a supply deal with Italian multi-product aggregator Esa Gaming in September, online casino games developer GameArt Limited has now signed a similar agreement with British firm iSoftBet. Malta-based GameArt Limited revealed that the most recent deal will see its complete library of mobile games including HTML5-friendly video slots such as Emperors Wealth, Spartans […]

Bath casino announced opening date

Casino News – Focus Gaming News
Bath casino announced opening date

UK’s Century Casino Bath is expected to open its doors to the public on Friday, May 25th.

The post Bath casino announced opening date appeared first on Focus Gaming News.

Wynn Resorts to rename Boston casino project

World Casino News
Wynn Resorts to rename Boston casino project

In an effort to further distance itself from former Chairman and CEO Steve Wynn, the Las Vegas-based company that bears his name will reportedly rebrand its $2.5 billion under-construction property in Everett, Massachusetts as Encore Boston Harbor. The name is taken from Wynn Resorts Limited’s Encore-branded gaming facilities it owns in Las Vegas and Macau. […]

Vogelsang Heads Final Table, Schemion and Bonomo Eye Second EPT Monte Carlo Super High Roller Title

Casino News Daily
Vogelsang Heads Final Table, Schemion and Bonomo Eye Second EPT Monte Carlo Super High Roller Title

The EPT Monte Carlo is among the most exciting festivals on the poker calendar. This year the excitement is doubled as the festival is making its comeback under the EPT brand after a two-year hiatus.

And the highest buy-in event on what is currently officially running as the PokerStars and Monte-Carlo Casino EPT is under way at the host venue. The €100,000 Super High Roller has always drawn poker’s finest talent and this year makes no difference.

Day 2 of the major event was played on Friday. It started off with 24 players, including Orpen Kisacikoglu and Daniel Dvoress who re-bought into the tournament shortly before the beginning of the second day of play. This year’s EPT Monte Carlo Super High Roller attracted a field of 46 entries, including 16 re-entries, to create a prize pool of €4,462,920. The top six places are paid, min-cash is worth €313,000. Aside from the very prestigious title of a Super High Roller victor, the winner will also receive a first-place prize of €1,520,000.

It was a rather short day at the host casino on Friday. Half of the 24 players who entered Day 2 of the Super High Roller were eliminated within the first four hours of action. Play lasted until the final six players were determined. Mikita Badziakouski, who bagged the largest stack into Day 2 and thrived for a big part of the day, eventually became the unfortunate bubble boy. He was knocked out in seventh place by German poker pro Christoph Vogelsang. The latter thus cemented his position as the overnight chip leader.

Aiming for Another Big Title

Vogelsang has recorded more than $15 million in live tournament earnings since October 2013, when he cashed for the first time in a live tournament event. Last year, the young German took down the highly competitive field of the $300,000 Aria Super High Roller Bowl for a first-place prize of $6 million. It is also important to note that back in 2014, he finished third in the $1,000,000 Big One for ONE DROP, leaving it to Dan Colman and Daniel Negreanu to square off for the title. Vogelsang collected $4,480,001 for his deep run in that event.

The player now has the chance to win big on European soil. Vogelsang ran quite well during Day 2 of the Super High Roller. The player emerged as the chip leader at some point in play to become the first to crack the 2 million mark. He then lost some of his momentum to regain it towards the end of the day and become the first and only player to crack the 3 million mark.

Vogelsang is thus leading the pack of six Super High Roller finalists into the final day of play with a stack of 3.02 million, well ahead of Sam Greenwood, who bagged the second largest stack last night (2.065 million) and Isaac Haxton (1.68 million), who rounded out the top three stacks.

Ali Reza Fatehi (1.84 million), Ole Schemion (1.49 million), and Justin Bonomo (1.405 million) are the other three players who are still in contention for the title and the first-place prize. It is important to note that Schemion and Bonomo are former EPT Monte Carlo Super High Roller winners.

Schemion won his title in 2016 for €1,597,800, while Bonomo became a Super High Roller champion back in 2012 for €1,640,000.

Super High Roller Action is set to resume at the host venue today at noon local time. The remaining contenders will play down to a champion.

The post Vogelsang Heads Final Table, Schemion and Bonomo Eye Second EPT Monte Carlo Super High Roller Title appeared first on Casino News Daily.

Construction of $400-Million Costa Rica Casino Resort to Begin Next Year

Casino News Daily
Construction of $400-Million Costa Rica Casino Resort to Begin Next Year

Construction work on a $400-million hotel and casino resort in Costa Rica is expected to begin in early 2019, after the project has received the necessary approval from the host municipality and tourism regulators, local news outlet The Costa Rica Star reports.

The property will be located in the village of Moín, in the Limón Province. It will operate as Casino City Caribe. Architecture firm Patti Rao Project will carry out the project. The company is led by Vancouver, Canada-based architect Patti Rao.

Mr. Rao told local media that they have selected Moín as the preferred location of their resort due to the untapped tourism potential of the area and their partners’ interest in investing in ecotourism projects. The architect further pointed out that the idea for Casino City Caribe emerged after he had retired and that he wanted to do something that would contribute to the further development of Costa Rica as a popular tourism destination.

Construction is expected to begin early next year. The project will be carried out in several phases until the final one is rolled out in 2027. Construction work during the first phase is expected to generate 150 new jobs. According to preliminary estimates, the resort will employ around 1,500 people once fully operational.

Facilities

Casino City Caribe will feature three hotels with a total of 264 rooms, 219 apartments, three casinos, two convention centers – one with capacity for 60 people, and the other for 150 people – a spa and wellness center, an entertainment center, a business center, and different other recreational facilities as well as large green areas.

The complex will offer access to the beach. It will also feature a heliport and a marina to provide visitors and guests with better access options.

While the project is still in its early stages of development, it has already been granted the necessary approval from the host Matina Municipality, the Costa Rica Tourism Board, and the Ministry of Environment.

According to information from the Costa Rica Tourism Board, the island nation welcomed nearly 3 million international tourists last year. Visitors from North America accounted for more than a half of that number.

During the first quarter of this year, Costa Rica received 6% more tourists than the 919,631 arrivals recorded during the same period of 2017. The Tourism Board has said that while the number of tourists from North America decreased during the first three months of 2018, the number of visitors from Europe and North America increased 14.2% and 11.4%, respectively.

Costa Rica has recently opened its first convention center, aiming to position itself as a popular destination for business events. The total amount of $35 million was invested in the nearly 170,000 square-foot venue which has the capacity for over 6,500 delegates and offers nearly 50,000 square feet of exhibition space. As mentioned above, the new Casino City Caribe will, too, feature two convention facilities, although much smaller in scale than the newly opened Costa Rica Convention Center.

The post Construction of $400-Million Costa Rica Casino Resort to Begin Next Year appeared first on Casino News Daily.

Crown Resorts Limited fined for slot tampering in Melbourne

World Casino News
Crown Resorts Limited fined for slot tampering in Melbourne

In Australia, casino operator Crown Resorts Limited has reportedly been fined AU$300,000 ($225,000) by the Victorian Commission for Gambling and Liquor Regulation after it was found to have contravened the Gambling Regulation Act 2003 at its Crown Casino and Entertainment Complex. According to a report from The Guardian newspaper, the firm was penalized after being […]

Mr Green revenue grows 38 in Q1

Gambling Insider
Mr Green revenue grows 38 in Q1
Mr Green has released its first quarter interim report of 2018 which shows revenues increased by 38% when compared to the same period last year

Seeking the lion s share of the market

Gambling Insider
Seeking the lion s share of the market
LeoVegas has been one of the most exciting operators to watch in the online gaming space, taking just six years to go from concept to a billion-dollar market valuation

Triton Super High Roller Series Returns to Maestral Resort & Casino in May

Casino News Daily
Triton Super High Roller Series Returns to Maestral Resort & Casino in May

Located in one of the most spectacular parts of the Adriatic coast, the recently renovated Maestral Resort & Casino near Budva, Montenegro is just weeks away from swinging its doors open to one of this year’s hottest poker events – the Triton Super High Roller Series 2018.

The thrilling poker festival will run from May 12-18, 2018 at the resort and will feature four different events. It will represented the highly anticipated continuation of the extremely successful Triton Super High Roller Series 2017 poker extravaganza that took place at the same resort last July.

The festival is set to kick off with a two-day HK$250,000 (approximately $31,859) buy-in Short Deck Ante-Only tournament. Another tournament with a buy-in fee of HK$250,000 is set to start on May 13. It will, too, take place over two days and will feature a 6-Max structure.

There will be one more Short Deck Ante-Only event to be played within the festival. However, players will have to pay HK$1 million (approx. $127,435) in order to be able to enter it. The tournament will be played on May 17-18 and will actually mark the end of the festival.

Main Event Action

As in its previous edition last summer, the Triton Super High Roller Series Main Event will take place over three days starting May 15. The buy-in for the tournament amounts to HK$1 million, which provides for the creation of a massive prize pool and an attractive first-place prize for the winner, in addition to great excitement for both tournament entries and viewers who will be following the action from the host casino’s rails or from home.

German poker pro Manig Loeser topped the event’s field last year to collect more than HK$16.8 million (approx. $2.16 million) and the accompanying champion’s trophy. Loeser was the last man standing from a field of 52 fellow entries, who created a prize pool of HK$48,921,600.

Winners of other Triton Super High Roller Series events over the years include Fedor Holz, another German high roller super star, Daniel Cates, Dan Colman, the winner of the 2014 WSOP Big One for ONE DROP, and John Juanda.

It is also important to note that the upcoming festival will be the first one of the Triton Super High Roller Series to be livestreamed on Twitch. Organizers have previously revealed that there will be separate streams in English, Chinese, and Russian. It has also been understood that Randy ‘nanonoko’ Lew and Kane Kalas will host the English-language stream.

The Short Deck Ante-Only format will be another innovation to be introduced during the series in May. The format has gained quite some popularity in Asia and now has the chance to make its debut on the European poker scene. It features a smaller deck comprised of 36 cards. The 2s, 3s, 4s, and 5s are removed from it and the Aces double as 5s. Aside from that, the game is played as a traditional Texas Hold’em.

The post Triton Super High Roller Series Returns to Maestral Resort & Casino in May appeared first on Casino News Daily.

Former Okada Manila exec Wolstenholme appointed COO at Hoi An project

World Casino News
Former Okada Manila exec Wolstenholme appointed COO at Hoi An project

Veteran international gaming executive Steve Wolstenholme (pictured) has reportedly been appointed group chief operating officer (COO) for Hoi An South Development Ltd.’s US$4 billion Hoiana casino resort project. Located approximately 18.6 miles south of Da Nang, central Vietnam’s fastest growing tourist destination, Hoiana will feature premium amenities including luxury hotels, private villas, a condominium hotel, […]

MGM to sell Mandarin Oriental Las Vegas for 214m

Gambling Insider
MGM to sell Mandarin Oriental Las Vegas for 214m
MGM Resorts International has announced that it has entered into a definitive agreement for the sale of its Mandarin Oriental Las Vegas hotel and ‘adjacent parcels of property’ for $214m

Casino gaming ruled out by Dubai Department of Tourism for now

World Casino News
Casino gaming ruled out by Dubai Department of Tourism for now

Casino gaming will reportedly not be included in what is sure to be a long list of amenities at two Caesars Entertainment Corp. (CZR:NASDAQ GS) resort hotels coming later this year to the under-construction Bluewaters, a man-made mixed-use island located approximately 1,600 feet off the Jumeirah Beach Residence coastline, in Dubai, United Arab Emirates (UAE). According to […]

China lottery sales up 6% for March

World Casino News
China lottery sales up 6% for March

In China, March ticket sales for its official lottery systems saw a 2.9% spike, with revenue growth for Q1 sales of 9.4% year-on-year. GGRAsia reports that according to China’s Ministry of Finance, aggregate ticket sales of CNY40 billion (US$6.34 billion) for the month of March were registered for the East Asia nation’s two lotteries: the […]

Three Video Games with Loot Boxes Violate Belgian Gambling Law, Regulator Finds

Casino News Daily
Three Video Games with Loot Boxes Violate Belgian Gambling Law, Regulator Finds

At least three video games featuring loot boxes have been breaching Belgian gambling laws, an investigation by the Belgian Gaming Commission has shown. The news about the regulator’s position on the widely publicized issue comes shortly after its Dutch counterpart released its own findings regarding the virtual items just days ago.

Loot boxes gained broad attention with the fall 2017 release of the Star Wars Battlefront II video game. The latest installment of the popular Star Wars: Battlefront series quickly became the subject of major controversy due to the fact that it included a loot box monetization scheme.

Generally speaking, loot boxes are special items can be purchased in-game. They contain further items that can be extremely helpful to a player within the game, but can also be of little value. Each loot box includes a random selection of items and its contents only become known to a player after its purchase is completed.

The Belgian Gaming Commission was among the gambling regulators to question the nature of loot boxes. The regulatory opened a probe into the matter, the results of which were made public earlier today.

The Gaming Commission investigated four video games – Star Wars Battlefront II, FIFA 18, Counter Strike: Global Offensive, and Overwatch. The regulator found out that loot boxes in three of the games – FIFA 18, Counter Strike: Global Offensive, and Overwatch – violated Belgium’s gambling law. The Commission said that developers of Star Wars Battlefront II have addressed the issue following the controversy the game was embroiled in and that its loot box system no longer violated Belgian gaming regulations.

Under the country’s gambling law, spending real money on an item that could influence a player’s performance in a game constitutes a game of chance if the contents of such an item are determined by chance.

Teenagers at Risk

The Commission expressed concerns that loot boxes in video games and their gambling nature are putting vulnerable players at great risk. Video games are often played by players under the allowed age for gambling but being exposed by products that resemble gambling risks normalizing the activity.

The gambling regulator said today that developers of games with paid loot boxes violate Belgium’s gambling law and can be fined or even sentenced to prison for such a violation. They thus must remove the controversial in-game items or can otherwise face fines of up to €800,000 and or prison time of up to five years.

In a similar move, the Netherlands Gambling Authority, Kansspelautoriteit, announced last week the results from its own probe into loot boxes. The regulator investigated ten video games that featured loot boxes and were available to Dutch players.

Kansspelautoriteit found that four out of the ten games violated the Dutch Betting and Gaming Act as their loot box systems incorporated elements of games of chance into skill-based games. The provision of games of chance without the necessary authorization from the Dutch gambling regulator is strictly prohibited in the Netherlands.

The post Three Video Games with Loot Boxes Violate Belgian Gambling Law, Regulator Finds appeared first on Casino News Daily.

INTRALOT appoint new COO Michael Kogeler

Gambling Insider
INTRALOT appoint new COO Michael Kogeler
INTRALOT has announced the appointment of Michael Kogeler as Group Chief Operating Officer, effective May 2nd 2018, following an extensive international search process

Play n GO release new Legacy of Egypt slot

Gambling Insider
Play n GO release new Legacy of Egypt slot
Omni-channel slots specialist Play’n GO has announced the release of its latest slot Legacy of Egypt, an ancient Egypt-themed adventure slot game

Spirit installs Europe’s first Interblock innovation

World Casino News
Spirit installs Europe’s first Interblock innovation

In Germany, Spielbanken Bayern’s Casino Bad Steben is now home to Europe’s very first Dealer Assist Blackjack electronic table game (ETG), which has been installed by Spirit Gaming, Interblock’s distribution partner in Austria, Switzerland and Germany. Commenting on the acquisition, Director for Casino Bad Steben, Udo Braunersreuther, said, “This is exactly what we have been […]

Gambling Machines Crackdown Announcement Due Within Weeks

Casino News Daily
Gambling Machines Crackdown Announcement Due Within Weeks

The UK Government is set to reduce the maximum stake on the highly controversial fixed-odds betting terminals to £2, The Times reports citing people familiar with the ongoing discussions. An announcement is expected to be made within the next few weeks.

The decision was to be made public at an earlier stage, but according to media reports from yesterday the delay was incurred by Chancellor of the Exchequer, Philip Hammond, who was said to have previously been opposed to such a massive cut in the maximum stake. Mr. Hammond reportedly contested the measure as it would result into a huge fall in tax revenue.

At present, FOBTs accept £100 maximum stakes every 20 seconds. Following a review into the gaming machines sector conducted by the Department for Digital, Culture, Media, and Sport, it was announced last fall that the maximum bet would be cut to somewhere between £50 and £2. A reduction to £2 would cost the exchequer £450 million in annual tax contributions, it has been estimated.

Latest media reports indicate that Mr. Hammond may be close to settling what was believed to be an ongoing dispute with supporters of a bigger reduction of the betting limits, with the latter group being led by Culture Secretary Matt Hancock. Sources told The Times that “[they] are nearly there”.

It is believed that Mr. Hancock and his team have managed to appease concerns voiced by Mr. Hammond about the impact the massive crackdown on FOBTs would have on tax revenue.

Alternative Revenue Sources

It is understood that levies will increase on other gambling services to offset losses incurred by the FOBTs crackdown. It is yet to be announced how exactly other forms of gambling will be taxed.

The announcement about the UK Government’s decision on the changes that will be introduced in the gambling machines sector is expected within the next several weeks. However, it will not be made before next week’s local elections due to purdah rules.

Following yesterday’s reports about Mr. Hammond’s opposition to a reduction of the maximum bet to £2, several influential MPs said that they would contest any decision that does not include a cut of the maximum stake to £2. Tory MPs Sarah Wollaston and Nick Boles were among those to say that they “will not support half measures”. Both officials took to Twitter to voice their opinion on the topic.

Shares in William Hill tumbled 11% as news about the pending crackdown on one of its key sources of revenue emerged earlier today. GVC, which recently acquired Ladbrokes Coral – the operator of the largest number of FOBTs across the UK, saw its shares go down 4.8% earlier today.

The B2 gaming machines or FOBTs represent UK’s second largest gambling sector. They generated gross gambling yield of £1.8 billion in the period between April 2016 and March 2017.

The post Gambling Machines Crackdown Announcement Due Within Weeks appeared first on Casino News Daily.

National Indian Gaming Association outlines it support for sports betting

Gambling Insider
National Indian Gaming Association outlines it support for sports betting
The executive and membership of tribal gaming’s governing body the National Indian Gaming Association (NIGA) have adopted a resolution which supports the introduction of legalised sports betting in the US, subject to certain conditions being met

Belle Corp. Announces Expansion Plans at City of Dreams Manila Casino Resort

Casino News Daily
Belle Corp. Announces Expansion Plans at City of Dreams Manila Casino Resort

Philippine real estate developer Belle Corp. has once again presented its partner Melco Resorts & Entertainment with a plan for the expansion of City of Dreams Manila. The two companies operate jointly the integrated resort located in the Philippine capital’s Entertainment City.

Local news outlet The Philippine Daily Inquirer reports citing Belle executives that the company wants to add more hotel rooms and non-gaming facilities at the existing resort. The renewed push for expansion of the property was revealed Monday during a press chat after a planned shareholder meeting. It was last spring when Belle first pitched plans for adding new facilities at City of Dreams Manila.

The company’s President, Manuel Gana, said Monday that the resort needs more hotel rooms as it is always running at or close to full capacity, with an average occupancy rate standing at 90%. The company official also pointed out they want to build more non-gaming amenities.

Mr. Gana went on to say that Belle has presented Melco with its plan it is now up to them to decide whether City of Dreams Manila will be expanded. The official noted that the Hong Kong-headquartered casino giant currently has “a lot of thing on [its] plate”, referring to Melco’s growing interest in competing for a license for the development of an integrated resort in Japan.

Belle currently owns a one-hectare plot of land near City of Dreams Manila. Mr. Gana said that the resort’s expansion would start at that plot, if Melco nods the plan. More adjacent plots could be developed as part of the resort at a later stage.

Belle’s President also said that they may develop their plot of land independently from Melco, if the latter rejects their expansion proposal. Mr. Gana said that they would prefer it that Melco gets involved in the plan, though.

More Gaming Licenses

Belle also confirmed Monday that it is interested in obtaining additional gaming licenses from PAGCOR, the country’s gambling regulator. The company currently operates the casino at City of Dreams Manila and under an agreement with Melco, receives a share of the revenue generated by gaming operations.

Earlier this year, PAGCOR placed a moratorium on new casino applications. However, a number of casinos currently operated by the regulator are to be privatized, and Belle said that it would be looking to take advantage of the privatization process and assume control over one or more casinos.

The company said that it is interested in expanding both its gaming and non-gaming operations in Metro Manila and in other parts of the country. Belle owns 800 hectares of land in Southern Luzon and said that it could use it to develop new properties in the next five to ten years.

The company said Monday that its consolidated net profit for the first quarter of the year grew 10% year-on-year to PHP857 million, boosted by improved revenues from gaming operations and real estate.

The post Belle Corp. Announces Expansion Plans at City of Dreams Manila Casino Resort appeared first on Casino News Daily.

Governor Rick Scott agrees Seminole Tribe of Florida gambling deal

World Casino News
Governor Rick Scott agrees Seminole Tribe of Florida gambling deal

The Republican Governor for Florida, Rick Scott (pictured), has reportedly agreed a deal that would continue to give the Seminole Tribe of Florida the exclusive rights to offer banked card games such as blackjack across the southern state through to the conclusion of the 2019 legislative session. According to a recent report from the local […]

A Total of 29,319 Belgians Self-Excluded Themselves from Gambling in 2017

Casino News Daily
A Total of 29,319 Belgians Self-Excluded Themselves from Gambling in 2017

As many as 29,319 Belgians self-excluded themselves from gambling (both online and at land-based venues) in 2017, according to a press release published earlier today on the official website of Belgian Minister of Justice Koen Geens.

The reported figure represents a 9% increase from 2016, when 26,782 opted for exclusion from various types of gambling services.

Another 158,413 were banned from gambling with a court ruling. Most of the court orders were issued to gamblers who had accumulated large debts as a result from their habits. Under Belgium’s gambling law, a court could ban residents from gambling, both online and at brick-and-mortar facilities, in certain cases.

It was also found that 409 gamblers were banned from participating in gambling activities after a request from a third party, including family members and/or partners. The requests are filed to and processed by the Belgian Gaming Commission.

According to today’s press release, the number of excluded and self-excluded people has grown significantly over the past five years. In 2013, 19,670 gamblers self-excluded themselves, while 82,580 were issued a court order and 89 were banned from gambling after a third-party request.

The names of all self-excluded players as well as of those banned from gambling as a result from a court ruling or a third-party request are added to a specially created system. Belgium’s Excluded Persons Information System (EPIS) has been active since 2004. It contains information about all gambling customers that have self-excluded themselves or have been banned from gambling. All gambling customers have their names and dates of birth checked into EPIS upon opening an account with a gambling website or entering a brick-and-mortar gambling facility so that excluded persons are prevented from gambling.

Additional Responsible Gambling Measures

While Belgian lawmakers and gambling regulators consider the country’s gambling exclusion system a powerful protection tool, a new set of rules aimed at serving the same purpose and enhancing existing tools were introduced last fall.

Last October, Belgian politicians gave the nod to proposed curbs on the way gambling services are advertised in the country. The move came as part of the Belgian government’s efforts to limit the proliferation of gambling among vulnerable people.

The new measures prohibit gambling operators from advertising their products during live sports broadcasts. Gambling ads should also not appear on Belgian media before a 10 pm watershed, unless they are part of a non-live sports program. In this case such ads should not air 15 minutes before and after children-focused programs. The new rules also aimed to crack down on affiliate marketing, banning the use of third-party websites for the promotion of gambling products and services.

Legislators also crafted non-advertising limitations as part of the larger package of measures, including a €275 monthly cap on the maximum value of bonuses offered by online gambling operators to each of their customers. Under the new rules, players would not be able to deposit more than €500 per week to fuel their online gambling accounts.

It is still to be confirmed when the new regulations would take effect. But it is believed that they will come into force eight months after their publication in the Belgian Official Journal.

The post A Total of 29,319 Belgians Self-Excluded Themselves from Gambling in 2017 appeared first on Casino News Daily.

BetInvest announces new product CRM system Octopus

Gambling Insider
BetInvest announces new product CRM system Octopus
BetInvest unveiled a new product – CRM system Octopus

Malta Gaming Authority appoints new CEO

Gambling Insider
Malta Gaming Authority appoints new CEO
The Malta Gaming Authority (MGA) has confirmed the appointment of Heathcliff Farrugia as its new CEO, replacing outgoing MGA head, Joseph Cuschieri

Village in northern Illinois twice rejects proposal for video gambling cafe

World Casino News
Village in northern Illinois twice rejects proposal for video gambling cafe

In Illinois, a Naperville-based marketing agency’s plan for a video gambling café in Kendall County was denied by Oswego Village Board members this week after reportedly receiving a similar rejection on March 6. The Chicago Tribune newspaper reports that earlier this week, 26-year-old Wilbur You, of You Holdings, made an appearance at a trustees meeting […]

Jason Sandling Eyes Second WSOP Circuit Main Event Title at Harrah’s Cherokee

Casino News Daily
Jason Sandling Eyes Second WSOP Circuit Main Event Title at Harrah’s Cherokee

As many as 182 players reached Day 2 of the WSOP Circuit Harrah’s Cherokee $1,675 Main Event after entering the tournament on Days 1A and B. They are set to return at the host casino at noon North Carolina time and to continue their battle for the first-place prize and the gold ring that goes along with it.

The Harrah’s Cherokee Main Event attracted a field of 1,060 tournament entries who cracked the $1 million guarantee and generated a prize pool of $1.59 million. However, only the top 108 finishers will be treated to a portion of the money, which means that bursting the money bubble will be the first thing on today’s agenda.

The remaining survivors are scheduled to play ten one-hour levels today at the host venue. Their goal will be to hopefully reach the official nine-handed final table, but with 182 hopefuls left in contention that could be a difficult task.

The first flight of the tournament was played on Friday at Harrah’s Cherokee. It saw 407 players putting up the $1,675 buy-in fee to enter the event. Of them, only 67 bagged and tagged for the night. They were led by Andrew Mousmoules with 314,500 in chips.

Another 652 entries joined the field on Day 1B, which played Saturday at the host casino. However, only 115 survived throughout the day to secure a seat into Day 2. North Carolina native Jason Sandling ended Day 1B as the chip leader, transforming his 20,000 starting stack into a 340,000 one. The player will thus start Day 2 play as the overall chip leader across the tournament’s two starting flights.

Previous Triumphs

Sandling is vying for his third gold ring from the WSOP Circuit series and his second WSOP Circuit Main Event title. The player won his first Main Event at the same host venue four years ago. He topped a field of 665 entries at Harrah’s Cherokee to scoop a first-place prize of $204,487 and his first-ever gold piece from the popular poker series.

A year later, Sandling won a $365 No-Limit Hold’em at Horseshoe Baltimore for his second gold ring and a first-place payout of $14,505. He is now in a great position to make history at Harrah’s Cherokee, winning his second title from a Main Event and his largest WSOP Circuit cash.

As mentioned earlier, the top 108 finishers in the tournament will get paid. Payouts start from $2,926, but sights are set on the first-place prize of $294,152. Aside from the gold ring and the prize money, the winner will also secure a seat into the Global Casino Championship for a chance to win a WSOP gold bracelet.

Daniel Weinman is another player to be eying a second Main Event title. The player won that same event at Harrah’s Cherokee in 2015 for a gold ring and $280,260. Other notables still in contention include five-time gold ring winner Kurt Jewell, Josh Arieh, and Jonathan Hilton.

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PAGCOR denies Galaxy’s exit from Boracay

Casino News – Focus Gaming News
PAGCOR denies Galaxy’s exit from Boracay

Despite rumours, PAGCOR assured that Galaxy Entertainment hasn’t abandoned its plans to develop an integrated resort in Boracay.

The post PAGCOR denies Galaxy’s exit from Boracay appeared first on Focus Gaming News.

Betsoft deal with OCG International targets German market

World Casino News
Betsoft deal with OCG International targets German market

Developer of innovative casino games for desktop and mobile, Betsoft Gaming, has agreed to a partnership deal with Maltese iGaming operator OCG International. Per the terms of the agreement, OCG International will now be able to offer Betsoft’s popular Slots3 games series, which includes the new Classic Slots collection, to its substantial brand portfolio. Betsoft […]

John Dollinger Captures WSOP Circuit Gold Ring at Harrah’s Cherokee after Previous Near-Miss

Casino News Daily
John Dollinger Captures WSOP Circuit Gold Ring at Harrah’s Cherokee after Previous Near-Miss

John Dollinger from Gulf Breeze, Florida captured last night his first WSOP Circuit gold ring after running cold on one notable previous occasion. The poker pro bested 243 tournament entries in the $1,125 No-Limit Hold’em with a $200,000 guarantee, played at Harrah’s Cherokee.

Dollinger also received $59,536 in prize money to go along with his shiny new gold ring from the popular series. Two years ago, the player ran deep into the WSOP Circuit Harrah’s New Orleans Main Event. He eventually finished runner-up to David Hubbard. Dollinger scooped a $145,186 payout for finishing second in that event.

The brand new WSOP Circuit champion performed quite well in the event he took down last night at the host casino Harrah’s Cherokee. The player was mid-stacked upon entering the six-handed final table of the event. From that point on he only built up his stack to emerge the chip leader.

Dollinger faced Texan Daniel Jones heads-up. The two-handed match began with the eventual champion holding the chip lead. Dollinger never lost his advantage over his last opponent in the field of the $1,125 buy-in tournament. However, Jones proved to be a tough nut to crack as he made several attempts to double.

Jones actually managed to win some chips on two occasions, but never really came close to Dollinger. His final attempt to improve his situation at the table cost him his further participation. On what turned out to be the final hand in play, Jones went in for his last chips, hoping that Lady Luck would smile upon him.

The player had [Kh][Qh] which clashed into Dollinger’s [Ah][5c]. A dry board secured the victory for Dollinger, sending Jones to the rail. The latter collected $36,875 for making it that far into the tournament.

Event #8

The $1,125 No-Limit Hold’em with a guaranteed prize pool of $200,000 was the eighth gold ring event to be played as part of the WSOP Circuit Harrah’s Cherokee schedule. As mentioned earlier, the tournament drew 243 entries from all over the United States.

The event’s field cracked the guarantee and created a prize pool of $243,000. There were payouts for the final 26 finishers. The min-cash totaled $1,308. Players completed the event over two days of action.

There are three more gold rings left up for grabs at Harrah’s Cherokee. The $1,675 Main Event is, too, among the tournaments yet to be completed. The event features a guaranteed prize pool of $1 million. It kicked off Friday at the host venue and will run through April 23.

As many as 407 players paid the buy-in fee of $1,675 to enter the event during Day 1A. Of them, only 67 made it through the end of the day and will return at Harrah’s Cherokee on Sunday for Day 2.

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Preview: 8th KPMG eSummit in Gibraltar April 26, 2018

World Casino News
Preview: 8th KPMG eSummit in Gibraltar April 26, 2018

Many C-Suite and other executives are familiar with the Big Four accounting firms. Some have seen ‎PricewaterhouseCoopers (PwC) release reports over the years in the gambling sector. KPMG is one of the four largest professional services networks in the world with over $26 billion in annual revenues. The Netherlands-based company is perhaps the most involved […]

Singapore Needs Greater Consolidation of Casino Regulators, Says Josephine Teo

Casino News Daily
Singapore Needs Greater Consolidation of Casino Regulators, Says Josephine Teo

Josephine Teo, the Second Minister for Manpower and Home Affairs of Singapore, said that greater consolidation of the functions of casino regulatory authorities should be considered, especially at a time when the country’s gambling landscape has been quite complex.

Today, Ms. Teo took part in the annual Workplan Seminar of the Casino Regulatory Authority seminar that was held at Biopolis in Buano Vista. She highlighted the fact that currently, different regulations and agencies are set to control the gambling products offered in the country, such as casinos, private clubs’ fruit machines as well as online gambling. The Second Minister for Manpower and Home Affairs also gave her assessment for the approach, saying that such partial strategy and measures would hardly be sustainable or suitable enough in order for the constantly increasing difficulties related to the existing gambling landscape.

The seminar, at which Ms. Teo was present, was aimed at outlining the history of the agency and providing better perspective of the future challenges it is expected to face. It was held as an one-day event in conjunction with the 10th anniversary of the Casino Regulatory Authority.

Singapore Gambling Sector to Face Further Challenges

Increasing regional competition was pointed as one of the most serious challenges posed to Singapore casinos. Ms. Teo also predicted that competition for tourism revenues is to become even stronger, with a lot of jurisdictions keeping their eyes on the Singapore integrated resort (IR) concept. According to the Second Minister, the local integrated resorts would face some difficulties to stay ahead of competition.

Singapore is currently home to two integrated casino resorts. The first one, Resorts World Sentosa, is run by Genting Singapore Plc, while the second one, Marina Bay Sands, is operated by a division of Las Vegas Sands Corp. Integrated resorts, however, are not a special trademark of Singapore only, as other jurisdictions have been aimed at adding IRs to their gambling industries as well. Japan, for example, is slowly but surely approaching a regulated casino industry that is to feature casinos as part of larger hotel, gaming and entertainment complexes.

Technological disruption, on the other hand, has been outlined as another major challenge to be faced by the gambling sector in Singapore. New game types, new payment methods as well as new gaming machines are constantly added, which basically means that local casino regulatory authorities need to review their methods and establish qualitative control to adequately face the latest developments of the industry. According to Ms. Teo, regulations could and need to evolve in order to allow a more coherent system to be set and to maintain the balance between efficient regulation and keeping the market open for innovations.

For some time now, the Ministry of Home Affairs of Singapore has been preparing for certain development, with the competent authorities being studying the wider gambling regulatory framework in the country. Ms. Teo urged the Casino Regulatory Authority to put more efforts into building up capabilities, stamina, new and more effective strategies and integrity in order to adapt to the new demands of the local market.

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UK football leagues stand with US sporting associations

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UK football leagues stand with US sporting associations
Representatives from Football DataCo, the company which holds the rights for the English Premier League and all professional soccer leagues in England and Scotland, have voiced their agreement with the NBA and MLB efforts to introduce an ‘integrity fee’ into any US sports betting roll out

Canberra Casino Owners Claim ACT Government Kept Quiet about Pokies Legislation Changes

Casino News Daily
Canberra Casino Owners Claim ACT Government Kept Quiet about Pokies Legislation Changes

Aquis Entertainment Group, which currently owns Canberra Casino, made claims that the Australian Capital Territory (ACT) Government kept the company uninformed for almost a year and a half about the details of its legislation set to greenlight poker machines at the Canberra Casino.

Jessica Mellor, who is the Chief Executive Officer of Aquis, released a statement to the stock exchange, following the Government’s decision to provide the company with a month-long period to confirm its further plans for the Canberra Casino. As Casino News Daily reported, the casino owner was given until May 14th to submit a final proposal for the redevelopment of Canberra Casino.

The first bid made by Hong Kong mogul Tony Fung majority-owned Aquis in 2015 amounted to A$330 million, with the company seeking permission to operate 500 poker machines on local premises. The negotiations, however, failed to reach a compromise for several years, fueling the uncertainty about the redevelopment project’s fate. Then, in 2017 an agreement was reached between the Australian Greens and the Labor Party, under which legislation could allow up to 200 pokies in the redeveloped Canberra Casino. Moreover, 60 electronic table games could also be added to the casino offerings under certain regulatory rules.

A few months after the legislation was officially rolled out, Aquis Entertainment was given some time to make an update on its unsolicited bid in a month. Gordon Ramsay, Attorney General, commented on the matter at the time when the announcement was made, saying that the casino expansion was important part of the Government’s plans to reduce the poker machines in the Australian Capital Territory from about 5,000 to 4,000 over the next couple of years.

Aquis Would Have to Consider the Redevelopment Again

As mentioned above, the Chief Executive Officer of Aquis claimed that the company did not get a response from the Government detailing it about the legislation update for 17 months after the case was lodged in June 2016.

Still, Ms. Mellor pledged that the Canberra Casino owner is to respond to the Government’s request within the timeframe provided, but she explained that the company would have to undertake a thorough consideration on the matter in order to assess the potential impact of such a step under stricter regulatory rules. Aquis’ CEO further shared that the company remains willing to develop an integrated resort in Canberra and said it would work in collaboration with the Government in order to achieve its goals.

In case that Aquis Entertainment goes on with its bid to add 200 pokies as part of Canberra Casino redevelopment, it would be forced to operate under stricter regulatory rules. The company would have to purchase 300 poker machine operating licenses, despite the fact it would lose 100 of them. Also, a maximum bet limit of A$2 is to be allowed at the poker machines.

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