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Tuesday, July 31, 2018

July 31, 2018

2018 Triton Poker SHR HK$1M Short Deck NLHE won by Kenneth Kee for $2,925,000

BankrollMob News - Poker / Casino / Betting
2018 Triton Poker SHR HK$1M Short Deck NLHE won by Kenneth Kee for $2,925,000
Kenneth Kee came so close in taking down the first event of the 2018 Triton Poker High Roller Series Jeju on July 25, and he only finished as runner-up when he lost in a heads-up match against Nick Schulman in the HK$100,000 short-deck NLHE event. However, Kee didn't lose hope, because a week later he found himself in the same spot again, this time against Cary Katz at the HK$1,000,000 Short Deck NLHE event, and this one was truly meant for him as he won to take home the colossal first-place c[...]
July 31, 2018

MGM, Wynn tamp down Boston casino intrigue

Las Vegas Sun Stories: Gaming
MGM, Wynn tamp down Boston casino intrigue
Executives for MGM and Wynn are tamping down speculation the companies are quietly in talks over Wynn's Boston-area casino. MGM Resorts International CEO Jim Murren said today it would have to be an "extremely unique situation" for officials to ...
July 31, 2018

Poker Buddies Antonio Esfandiari and Kevin Hart to Meet in the Boxing Ring

Casino News Daily
Poker Buddies Antonio Esfandiari and Kevin Hart to Meet in the Boxing Ring

After some clashes at the poker table, poker pro Antonio Esfandiari and popular comedian turned avid poker player Kevin Hart are set to storm the boxing ring, Esfandiari himself told a TMZ Sports reporter over the weekend.

Delighted to be recognized by paps and asked about “some real juice”, Esfandiari said that he and Hart played poker the other day and “somehow boxing [came] up.” The two made a bet and agreed to step into the boxing ring to test their strength and will. The boxing match will take place “in March, around March,” Esfandiari told the TMZ reporter.

The poker pro refused to unveil how much money was on the line, but given both his and Hart’s estimated net worth, it should be expected that they have made quite a hefty bet.

Esfandiari further said that he is getting 35-1 odds in the upcoming bout, because his opponent is “in much better shape, he’s an athlete, he’s fast as hell”. However, at nearly 6 feet tall, the Magician, as Esfandiari is also known in the poker community, he has an important height/reach advantage. Hart stands at around 5’4″.

Esfandiari and Hart’s Careers

With three gold bracelets from the World Series of Poker and two WPT Main Tour titles, Esfandiari is one of the big stars of global poker. The player boasts live tournament earnings of over $27.6 million. That amount includes his first-place prize of $18,346,673 for taking down the 2012 $1,000,000 BIG One for ONE DROP and outlasting some of the world’s most seasoned pros, including heads-up opponent England’s Sam Trickett.

It is also interesting to note that he had been a professional magician before he started playing poker for a living, hence his nickname The Magician.

As for Kevin Hart, while he cannot boast with as many poker accomplishments as Esfandiari, he is one of the world’s most successful and praised comedians in the world. With estimated net worth of around $58 million, Hart ranks 39th in the Forbes 2018 Celebrity 100 Earnings list. His The Irresponsible Tour has been the biggest comedy tour so far this year with 1 million tickets sold, from which Hart grossed over $30 million.

Earlier this year, Hart became a brand ambassador for online poker room PokerStars, following his multiple appearances in different poker tournaments in 2017 and this year. The comedian and the globally popular poker brand said that they hope their partnership will change the face of poker.

Esfandiari and Hart excel in their respective fields, but it is to be seen who will emerge victorious in their upcoming boxing match. This will not be the first time poker players are clashing in the ring. Bouts have taken place between Bertrand Grospellier and Lex Veldhuis as well as between Brian Rast and Sorel Mizzi in the past few years.

The post Poker Buddies Antonio Esfandiari and Kevin Hart to Meet in the Boxing Ring appeared first on Casino News Daily.

Monday, July 30, 2018

July 30, 2018

Bally’s, Harrah’s Launch Sportsbooks This Week In Atlantic City; Online To Follow Soon

Bally’s, Harrah’s Launch Sportsbooks This Week In Atlantic City; Online To Follow Soon
Harrah's

NJ sports betting begins at Bally's and Harrah's in Atlantic City this week. Caesars is rolling out sports betting at its properties in New Jersey and Mississippi with online sports betting next up.

The post Bally’s, Harrah’s Launch Sportsbooks This Week In Atlantic City; Online To Follow Soon appeared first on .

July 30, 2018

Judge Dismisses �Matt Kirk versus Leon Tsoukernik' Poker Lawsuit

BankrollMob News - Poker / Casino / Betting
Judge Dismisses �Matt Kirk versus Leon Tsoukernik' Poker Lawsuit
The epic lawsuit between two poker pros that started since May 2017 has now finally come to an end, and the final verdict possibly does not bode well for one of them. Based on court documents filed in Clark County District Court at the end of June 2018, a judge had "dismissed with prejudice the entire case" between Aussie poker pro Matt Kirk and Czech casino owner Leon Tsoukernik. District Court Judge Linda Marie Bell wrote, "Having come before the court by stipulation of the parties, the cour[...]
July 30, 2018

EGBA and LOGiCO: Italy’s Gambling Advertising Ban “Will Have a Counterproductive Effect”

Casino News Daily
EGBA and LOGiCO: Italy’s Gambling Advertising Ban “Will Have a Counterproductive Effect”

The European Gaming and Betting Association (EGBA) and the Italian Online Gaming Association (LOGiCO) sent a joint letter to Italian ministers in hopes to overturn a proposed and much-supported blanket ban on all forms of gambling advertising in the country.

The letter, published on EGBA’s official website, arrived ahead of today’s planned debate on the proposed prohibition. The ban is part of the so-called Dignity Decree, a legislative piece introduced by Italy’s newly-sworn Deputy Prime Minsiter Luigi Di Maio. Minister Di Maio has previously said that the main purpose of a full ban on gambling advertising would be to protect vulnerable people from being overexposed to gambling.

The Minister has also recently said that the proposed crackdown on adverts would be the first step in a larger-scale initiative against the proliferation of gambling in the country. The Dignity Decree was approved by the Council of Ministers earlier this month and legislators are now working on its many provisions until a final version is produced and adopted.

EGBA and LOGiCO have been among the staunchest opponents of the proposed gambling advertising ban since day one and their joint letter from this weekend comes as another manifestation of their efforts to prevent Minister Di Maio’s proposal from taking effect. Here it is important to note that the blanket ban is expected to partially take effect from January 1, 2019 and to come fully into force from 2020.

Arguments against the Ban

In their joint letter, the full text of which could be found here, EGBA and LOGiCO point out that while they understand and support the responsible gambling and customer protection concerns behind the proposed ban, they believe it could actually produce the exact opposite effect.

The two associations explain that the ability to advertise their products and services across Italian media is among the main advantages licensed operators have over their black market counterparts. With regulated companies being prevented from promoting their offering, the black market is only expected to grow and lure customers. Local players and bettors will thus be exposed to questionable practices by some black market operators and their activities will not be overseen by gambling regulators and providers of health care, the letter reads.

Instead of implementing a full ban on gambling adverts, EGBA and LOGiCO propose a crackdown on “irresponsible gambling advertising” so that customers are protected effectively. The two associations believe that in this way minors and vulnerable people will be prevented from being overexposed to gambling but the “counterproductive effect” of a blanket ban would be avoided.

The introduction of measures against socially irresponsible advertising should be “based on scientific studies and research” the two organizations advise, citing the UK Gambling Commission’s Young People and Gambling report as an approach that could be adopted in Italy.

The post EGBA and LOGiCO: Italy’s Gambling Advertising Ban “Will Have a Counterproductive Effect” appeared first on Casino News Daily.

July 30, 2018

Quickspin launched Eastern Emeralds slot

Casino News Today
Quickspin launched Eastern Emeralds slot

Quickspin introduces its latest game release: Eastern Emeralds slot. The 1680x bet win multiplier available in Eastern Emeralds slot will give players the chance to choose from a range of different free spin options. Those with fewer spins will carry a higher risk, but equally have the potential for a higher win. Eastern Emeralds slot offers a design set in ...

The post Quickspin launched Eastern Emeralds slot appeared first on Casino News Today.

Sunday, July 29, 2018

July 29, 2018

Ireland’s Revenue Declares War on Dublin’s Illegal Casinos

Casino News Daily
Ireland’s Revenue Declares War on Dublin’s Illegal Casinos

Ireland’s Revenue has issued enforcement letters to a number of illegally operating casino facilities across Dublin giving them 21 days to remove gambling machines from their premises, The Times reported earlier this week.

News about the government agency launching a crackdown against illegal operations arrived after an investigation by The Times showed that a number of Dublin-based arcades have used their licenses to operate gambling machines, thus breaching a 1988 citywide ban on the latter devices.

Under the long-standing prohibition, no licenses for gambling machines can be issued to facilities located within city limits. However, The Times reported last month that a number of arcade facilities are violating that ban and are using their arcade machine licenses to operate gambling machines.

According to Revenue definitions, arcade/amusement machines are games that gives players the chance to win no more than an opportunity to play again or a non-monetary prize the value of which is worth no more than €7. The Times found that the gambling machines at some of the arcade premises across Dublin offered players the opportunity to wager up to €2,500 on casino-style games such as video poker, roulette, and blackjack. Such premises now have 21 days to remove all gambling machines or face seizure of those.

Industry Responds to the Looming Crackdown

The Irish Amusement Trades Association (IATA), which represents both licensed and unlicensed arcades, has responded quickly to the pending crackdown, saying that it was considering legal actions against Revenue’s ruling. The association has long been lobbying for the ban on casino-style gambling in Dublin to be lifted.

IATA General Secretary John Roche has previously said that Ireland’s current gambling laws are archaic and are violating directives of the European Union in relation to the provision of gambling services across member states. Ireland’s gambling industry is regulated under the Gaming and Lotteries Act which took effect back in 1956.

Irish lawmakers have been working for years on a piece of legislation that would replace the obsolete regulations, but not much progress has been made so far.

A Revenue spokeswoman has told The Times than any operator of gambling machines without the necessary license or using an arcades license to operate gambling machines would have their machines seized and would be prosecuted. IATA maintains that they can face down the taxman in court and even win, citing recent European Court of Justice rulings, under which any laws restricting gambling to certain areas in a given country should be reviewed if they are applied properly.

According to a 2015 study by Gaming and Leisure Association Ireland the issuance of arcade licenses is cheaper than of gambling machine ones and by favoring the former, the country is thus losing revenue. The study also said that of all 7,559 arcade licenses issued, around 5,000 were actually used for gambling machines that offered cash prizes.

The post Ireland’s Revenue Declares War on Dublin’s Illegal Casinos appeared first on Casino News Daily.

Saturday, July 28, 2018

July 28, 2018

Controversy At FanDuel Sportsbook Leads To Questions, Concerns As NFL Season Nears

Controversy At FanDuel Sportsbook Leads To Questions, Concerns As NFL Season Nears
fanduel sportsbook

A couple late MLB games lead to confusion and disgruntlement at FanDuel Sportsbook at the Meadowlands this week, but football season is just around the corner.

The post Controversy At FanDuel Sportsbook Leads To Questions, Concerns As NFL Season Nears appeared first on .

July 28, 2018

Boracay Casino Resort Still On Track to Open in 2021 Despite Ongoing Hurdles

Casino News Daily
Boracay Casino Resort Still On Track to Open in 2021 Despite Ongoing Hurdles

A planned casino resort on Boracay is on track to be launched in 2021, despite the Philippine island’s closure for environmental rehabilitation, a representative of one of the companies behind the project told local media.

News emerged last December that Macau gaming and hospitality giant Galaxy Entertainment Group had partnered Philippine leisure and entertainment company Leisure and Resorts World Corp. (LRWC) to build together a $550-million integrated resort on the island of Boracay. It was announced earlier this year that Galaxy has received a provisional gaming license from the Philippine gambling regulator, PAGCOR, for the operation of a casino at the planned property.

At the same time, Philippine President Rodrigo Duterte ordered the closure of the island for a six-month environmental cleanup, following a probe into the environmental state of the popular tourist hub. The probe found that local businesses were discharging untreated waste water into the sea and that there were multiple illegal buildings across the island. Boracay was closed on April 26.

Responding to news that Galaxy and its local partner were planning to build a casino on the island, President Duterte has repeatedly said that he would not allow that.

Despite the President’s vows to prevent the plan from materializing and the island’s closure, LRWC is confident that the resort is on track to open by 2021, as originally planned. The company’s Vice President for Legal Affairs Katrina Nepomuceno said Friday that the environmental cleanup is not delaying the project as they were able to finish what they had to finish before Boracay’s closure.

It became known earlier this year that Galaxy and its local partner have obtained a 23-hectare site in the Barangay Manoc-Manoc area. Ms. Nepomuceno said that a land survey has proven that the portion of land was alienable and disposable.

Working Closely with Environmental Regulators

The LRWC official further explained that they have been working closely with the Philippine Department of Environment and Natural Resources (DENR), which is in charge of the ongoing rehabilitation process, as well as with other government agencies, and that they are getting updates on the process from the Boracay task force.

Ms. Nepomuceno also told media that they want to be sure their project is fully compliant with the government’s environmental requirements.

Asked when construction on the resort is expected to begin, the official said that they are yet to decide on the official start of the development process but that they believe the 2021 targeted opening is still achievable despite the island’s closure. Ms. Nepomuceno further pointed out that she is confident in the future materialization of their plan because President Duterte has said that he wants to keep Boracay popular with tourists and they are offering an opportunity for that to happen.

The LRWC official also said Friday that they are yet to receive confirmation from the Department of Agrarian Reform about a recently announced planned for Boracay to be placed under an agrarian reform that would aim to hand land across the island to its natives.

The post Boracay Casino Resort Still On Track to Open in 2021 Despite Ongoing Hurdles appeared first on Casino News Daily.

July 28, 2018

Union, casinos continue to reach labor agreements

Las Vegas Sun Stories: Gaming
Union, casinos continue to reach labor agreements
Casinos in Las Vegas and unionized workers continue to reach labor agreements two months after thousands of housekeepers, bartenders and others threatened to go on strike. Members of the Culinary Union on Monday reached a tentative deal with Four Queens and ...

Friday, July 27, 2018

July 27, 2018

Simon Lam Takes Down Inaugural WPT Gardens $5,000 Main Event

Casino News Daily
Simon Lam Takes Down Inaugural WPT Gardens $5,000 Main Event

Simon Lam is the brand new member of WPT’s club of Main Tour Main Event champs. The player outlasted the 584-strong field of the inaugural edition of the WPT Gardens Poker Festival $5,000 Main Event for his first title from the popular poker series.

He collected a payout of $565,055 and a brand new 2018 Mercedes-Benz SLC Roadster (valued at around $50,000). The player also secured a $15,000 ticket into the season-ending WPT Tournament of Champions.

The final day of the WPT Gardens Main Event was played on Thursday at the Gardens Casino in Hawaiian Gardens, California. Lam came into that final day as the chip leader among a total of six survivors who comprised the official final table.

The first levels of the day saw poker pro Jake Schindler take the lead and extend the gap between him and his fellow contenders. Schindler then lost some of his momentum and what followed next was a fierce war for the chip lead between Men Nguyen and Lam. That war lasted hours and extended into three-handed play.

During that key and lengthy stage of the final table, the chip lead exchanged hands between Nguyen and Lam, and Schindler occasionally managed to double through his two remaining opponents to get ahead of them for a while. It was the elimination of Nguyen in third place that put an end to the mad three-handed race. The player collected $270,430 for his performance.

Heads-Up Duel

Lam was the chip leader at the time heads-up between him and Schindler kicked off. And the player never really lost his momentum, despite his opponent’s efforts to improve.

The two-handed match began with Lam holding 19.2 million in chips to Schindler’s 4.175 million. The two players battled it out for 11 hands until Hand #164 of the six-handed final table was dealt. It saw Lam raise to 600,000 pre-flop and Schindler call.

The [Js][7c][2c] landed on the flop. Schindler checked, while Lam bet 500,000 to see his opponent check-raise to 1.5 million. Lam spent the next 30 seconds thinking what to do next and eventually shoved. Schindler snap-called for his last 4.675 million, tabling [Jd][8d] for a pair of jacks. Lam turned [Jc][9s] for pocket jacks but with a higher kicker. Blank [3h] on the turn and [2d] on the river sealed it for Lam and sent Schindler to the rail. The tournament’s runner-up finisher collected $366,740.

Craig Varnell finished fourth in the WPT Gardens Main Event for $201,615. Saya Ono took home $151,995 for her fifth-place finish. Jared Griener went out in sixth place for $115,885.

The first ever WPT Gardens Main Event saw 584 entries who created a prize pool of $2,944,800. The top 73 finishers received a portion of the money.

The WPT is next heading to Choctaw Casino & Resort in Durant, Oklahoma for the second poker festival on its 2018/19 schedule. That festival’s Main Event take place on August 3-7. It features a $3,700 buy-in fee and a guaranteed prize pool of $1 million.

The post Simon Lam Takes Down Inaugural WPT Gardens $5,000 Main Event appeared first on Casino News Daily.

July 27, 2018

Betsoft Gaming releases Dragon Kings slot

Casino News Today
Betsoft Gaming releases Dragon Kings slot

Feel the power of the four seas in Dragon Kings slot, the new, feature-packed, video game from Betsoft Gaming.  A remix of an ancient legend, Dragon Kings brings Chinese mythology to life with a crisp, modern aesthetic Asian-inspired music, and a collection of special features. Offering tiered, progressive jackpots and free spins, Dragon Kings slot has many unique features lying ...

The post Betsoft Gaming releases Dragon Kings slot appeared first on Casino News Today.

July 27, 2018

MGM, Wynn tamp down Boston casino intrigue

Las Vegas Sun Stories: Gaming
MGM, Wynn tamp down Boston casino intrigue
Executives for MGM and Wynn are tamping down speculation the companies are quietly in talks over Wynn's Boston-area casino. MGM Resorts International CEO Jim Murren said today it would have to be an "extremely unique situation" for officials to ...

Thursday, July 26, 2018

July 26, 2018

Simon Lam Leads WPT Gardens Main Event Final Table

Casino News Daily
Simon Lam Leads WPT Gardens Main Event Final Table

The WPT Gardens $5,000 Main Event final table was set early today after a long Day 4 of the tournament. Six players are set to return later today at the host venue, the Gardens Casino in Hawaiian Gardens, Southern California, to play down to a champion.

The winner will take home a nice payout of $565,055, including a $15,000 seat into the season-ending WPT Tournament of Champions, and a brand new Mercedes-Benz SLC Roadster worth over $50,000.

Simon Lam is leading the final pack of six players after the fourth day of play. The overnight chip leader had accumulated a stack of 6.155 million by the end of Day 4 action to pack with a considerable advantage over his fellow contenders for the title. Popular poker pro Jake Schindler bagged the second largest stack, good for 4.45 million.

This will be Lam’s second WPT Main Tour Main Event final table. Back in 2016, the player finished 4th in the $3,500 buy-in WPT Borgata Poker Open Main Event, good for his best live tournament cash of $250,970. Overall, Lam has nearly $1.4 million in earnings from various live tournaments.

Day 4 Action

Day 4 of the WPT Gardens Main Event kicked off with 46 hopefuls still in contention. Saya Ono was leading the survivors. While the local player failed to keep her lead throughout the day, she managed to secure her spot at the official final table. She currently occupies the fifth spot in the temporary leaderboard with a stack of 3.445 million, good for 57 big blinds. In other words, even though she stands near the bottom of the chip counts chart, she is still running pretty deep.

The Day 4 hopefuls first played to the unofficial final table of nine. Men Nguyen was holding the largest chip stack when that stage of the game was reached with 3.635 million. The remaining nine survivors were then relocated to a single table. It took 98 hands of play for the official six-handed final table to be reached.

Nguyen maintained quite some momentum halfway through those 98 hands. However, to everyone’s surprise the player fell asleep at the table and spent more than 20 hands in that state. He eventually woke up, but Lam was already gaining momentum by that time and was eying the top of the leaderboard.

Despite his unexpected nap, Nguyen made it to the official final table with the third largest stack among the remaining survivors. The player will enter the final day of action with 3.935 million or 66 big blinds.

Aside from the chip leader, Lam, Schindler, Nguyen, and Ono, Jared Griener with 3.875 million and Craig Varnell with 1.955 million were the other two players to make it to the tournament’s official final table.

Six-handed action is slated to kick off today at 4 pm local time at the host venue. The hopefuls will play down to a champion. Each of them is guaranteed a minimum cash of $115,885.

The post Simon Lam Leads WPT Gardens Main Event Final Table appeared first on Casino News Daily.

July 26, 2018

San Manuel Casino Breaks Ground on Multi-Million Expansion

Casino News Daily
San Manuel Casino Breaks Ground on Multi-Million Expansion

San Manuel Casino broke ground Wednesday on a $550-million expansion that will see the addition of a hotel and an event center, among other facilities, to the property’s existing operations. The expansion project will be carried out in several phases and a date for its finalization is yet to be confirmed by casino officials.

Located in Highland, Southern California, just an hour from Los Angeles, San Manuel Casino was originally launched in 1986 as a bingo hall. The property was gradually expanded into a full-scale casino with Las Vegas-style gaming options, including slot machines and table games. The gaming venue saw its latest expansion completed late last year.

The newly launched expansion project will be carried out in several phases. Phase one will include the construction of a 6-story parking garage with room for 2,400 vehicles. Construction work on the parking facility has actually already begun. It is expected to be completed late next year.

The next phase will include the addition of a 3,000-seat indoor entertainment center. Officials for the San Manuel Band of Mission Indians, the California-based federally recognized tribe that owns San Manuel Casino, said yesterday that the existing venue did not have enough entertainment space, particularly after the closure of the bingo hall and its transformation into the Rockin’ Casino. The entertainment facility is expected to be completed in 2021.

The last phase of the $550-million project will involve the construction of a 450-room hotel. Tribal officials said yesterday that that particular part of their plan has long been under consideration and that they will finally be able to meet their customers’ requests for at-property accommodation. The hotel building will feature between 14 and 17 stories. Aside from luxury accommodation, it will also offer customers a pool complex, a fitness center, and a spa. A date for completion of that part of the expansion plan is yet to be announced by tribal officials.

Additional restaurants and retail space will also be added to the growing hotel and casino gaming complex.

No Additional Gaming Options Planned

Tribal officials said yesterday that they are not planning to expand the property’s existing gaming space for now. As mentioned above, an expansion at the gambling venue was recently completed and more gaming options were added.

San Manuel Band of Mission Indians is believed to be among the top private employers in its host San Bernardino County. The tribe currently supports over 4,900 jobs and annually generates over $1 billion in economic activity.

Expansion at San Manuel Casino is expected to create 1,400 temporary construction jobs and over 1,200 permanent jobs ones the new facilities are fully operational, San Manuel Band of Mission Indians CEO Jerry Paresa told local media during yesterday’s ground-breaking ceremony. The official further pointed out that they hope the ambitious project would attract more investors who will “take a look at [their] community.”

The post San Manuel Casino Breaks Ground on Multi-Million Expansion appeared first on Casino News Daily.

July 26, 2018

KamaGames Reports More Strong Results For H1 2018

Casino News Today
KamaGames Reports More Strong Results For H1 2018

KamaGames, the largest European social mobile poker operator, today announced its half year results for H1 2018. The results show continued growth and success by every metric with DAU (Daily Active Users) increasing 2-fold in H1 2018 compared to H1 2017 and gross revenue growing by 53% in the same period from an already strong base of $57.5 million as ...

The post KamaGames Reports More Strong Results For H1 2018 appeared first on Casino News Today.

Wednesday, July 25, 2018

July 25, 2018

Union, casinos continue to reach labor agreements

Las Vegas Sun Stories: Gaming
Union, casinos continue to reach labor agreements
Casinos in Las Vegas and unionized workers continue to reach labor agreements two months after thousands of housekeepers, bartenders and others threatened to go on strike. Members of the Culinary Union on Monday reached a tentative deal with Four Queens and ...
July 25, 2018

Exclusive Interview with PlayOJO CEO Ohad Narkis on UK Gambling Industry’s Challenges

Casino News Daily
Exclusive Interview with PlayOJO CEO Ohad Narkis on UK Gambling Industry’s Challenges

Ohad Narkis is the CEO of PlayOJO, an innovative online casino that launched last year and is aiming to challenge the big industry names. Having previously worked for some of the global gambling industry’s powerhouses, including PokerStars and Scientific Games, Mr. Narkis is now using his knowledge and experience in the field to build a brand that places fairness and transparency at its core.

The UK gambling space is one of the main markets PlayOJO has been targeting since it went live. What are the challenges facing a new operation in the highly competitive UK online gambling environment? How is PlayOJO handling competition? And how does it make sure that its is fully compliant with the wave of regulatory reforms in the UK gambling industry from the past several years? Mr. Narkis has provided answers to these and many other important questions and has offered our readers an insight into how PlayOJO believes customers should be treated and industry challenges should be approached.

Operating an online casino business in the current environment of extreme competition, rising costs, and growing regulatory pressure must be really hard. What are the biggest challenges a new casino comes across when it goes live?

I would say that the biggest challenge of all is to cut through the noise in the market. The UK market is extremely competitive, very fragmented and is dominated by several well-established brands, some of which are high-street brands that have been around for years. To break into this cluttered market takes a lot of effort, preparation and much thought about how to differentiate yourself and stand out in the 3 key levels – Product, Brand, and Value proposition.

Without these major considerations and a creative and cut-through marketing strategy, it would be hard for any new brand to launch into a market and build any kind of significant market share. The growing compliance and regulatory pressure makes things even more challenging for a new casino. As far as PlayOJO goes, we believe that as operators we have a responsibility to our players and this is why we decided to challenge the market on some of its core shortfalls relating to fairness and transparency. With our fairness implementation, we’ve created a win win situation for both our players as well as for our business.

In what ways does PlayOJO stand out from its competition?

We’ve established PlayOJO to challenge the perception of the market. The outdated way of how things were being done was creating friction with customers and a greater level of mistrust within the industry. In order to address this fundamental inherent issue, we wanted to create a brand that is very transparent and fair. This is why we created a completely new value proposition with PlayOJO; we scrapped all the traditional bonus systems and created a new platform where customers could interact with us and not have concerns about things like funds availability or bonus money.

We wanted to create a brand that looked and felt different to any other brand. The name itself is not even a traditional casino name as we wanted to steer clear of using words like “luck” or “spins” that scream casino. The same goes for the visual brand elements being gender neutral, warm and welcoming. We treat players as our friends and this comes across in our playful and fun tone of voice and the way that we communicate with them.

Your bonus rewards system is a bit different from what is usually offered at online casinos. Can you elaborate more on how you approach new customers and how you reward them?

Keeping our players loyal is of essence and that’s why we came up with features like OJOPlus – a money-back mechanism which gives players back a percentage of their wager every time they bet, whether they win or lose. Unlike other casinos, it’s not a promotional offer but an inherent part of our value proposition which is active 24/7 and of course paid in cash.

On the same note, we don’t believe in luring our players in with too-good-to-be-true match deposit bonuses. Instead, we reward them for actually playing, using our levels system and the OJO Wheel, which they can spin by reaching new levels or just as a surprise extra perk. At PlayOJO, all funds are available for customers to play or withdraw at any time and without any restrictions. We do not impose painful wagering requirements on our players and we set no max win limit – they are in control.

The UK is the largest regulated iGaming market, but it has become a bit of a challenge to operate there due to competition and regulatory pressure. What are your personal views about that market and its current state?

The UK market is becoming much more challenging to operate in, particularly because of the increased regulatory pressure, some of which is understandable and actually very positive. It took extra attention and enforcement from the Gambling Commission and the likes of CMA and CPA to pave the way for operators to be more upfront about how they operate.

There was much non-transparency in the market between customers and operators that became a problem. I believe that it’s very positive that regulators are now pushing for operators to clean up their acts and give customers more control over their money and their play. This is a fundamental and welcome change in the way that the industry operates and I anticipate that it will take some time for the industry to adapt.

The UK Government announced started taxing freeplays last summer. How has this affected your operations in the country?

To be honest, it didn’t have a significant impact on our operations because we only launched a few months before the change to taxation calculation took place so were able to plan for it from the outset. Because we’re less bonus-heavy, the introduction of tax on bonuses didn’t impact our bottom line in a significant way.

The UK Gambling Commission has slapped massive fines on a number of operators for compliance failures over the past year. How do you make sure that all aspects of your UK-facing business are compliant with the growing number of requirements?

Along with the entire industry, we have learned a lot from these high-profile cases of certain operators, some of which who were were charged with failings within crucial operational functions. In an environment where the Gaming Commission keeps raising the bar when it comes to Responsible Gaming, KYC and Customer Protection, we need to stay one step ahead of the game so that our players stay protected.

This last year we’ve seen a greater endorsement in operators being challenged to be more socially responsible. The significant fines that the Gambling Commission has imposed onto operators clearly shows that much more attention, time and resources need to be devoted into internal processes. These should include rigorous checks for customers’ sources of funds, AML prevention, preventing instances where self-excluded players are marketed to via 3rd party channels and very importantly, ensuring that players are not encouraged to play beyond their financial means.

We actually introduced several new safety measures that identity unusual playing patterns very early on in the player’s life-cycle. These involve a very efficient KYC process, including source of fund authorisation, play monitoring and in certain cases, a total suspension of play activities. This is something we have seen across the industry and it has impacted VIP players in particular. Our VIP player numbers have actually decreased over the last months which is simply due to these suggested measurements, but we feel that this is the only way for responsible operators to operate.

You have quite unique approach to responsible gambling. Can you tell us more about your focus in that area?

We’ve created an environment where players feel secure because there is nothing hidden in our terms and conditions and they have full control of their money, which is held in a single cash account. It’s about being socially responsible in terms of how we communicate with players and the fact that everything is upfront for them makes them feel protected.

All of our marketing is based around this idea – in fact our new marketing campaign is based around our fairness message. There is no other operator that has built an entire brand or campaign around being fair and with this initiative we hope to educate the industry as well as the customers by setting the “fairness bar” of how players should be treated in the industry. It’s a long-term goal that requires a great deal of resources, patience and stamina because changing perceptions in an industry that has been operating for many years with low-trust levels is not something that can be done overnight.

The matter of social responsibility goes beyond the UK for us. PlayOJO operates in a number of different markets and one of our fastest growing markets is in Sweden, where we launched at the beginning of 2018 with exactly the same propositions and “fair” brand promise.

Despite the fact the market there is still unregulated and the industry does not face the same pressures from regulators, our perception of how we believe the industry should operate remained intact. With the knowledge that the Swedish market will re-regulate at the beginning of 2019, we anticipate that the Swedish Gambling Authority will follow in the same footsteps as the UK Gambling Commission as far as getting operators to clean up their acts. Therefore, we see ourselves as the pioneers of a fair casino promise in Sweden, setting that “fairness bar” high as we have done in the UK and demonstrating how we believe operators should treat their customers, in a socially responsible and fair way.

The post Exclusive Interview with PlayOJO CEO Ohad Narkis on UK Gambling Industry’s Challenges appeared first on Casino News Daily.

July 25, 2018

The Affiliate Grand Slam Kiev

Casino News Today
The Affiliate Grand Slam Kiev

The Affiliate Grand Slam series is all about relationship-building in the best possible environment for deal-making handshakes. Great relationships are at the very centre of the affiliate sphere in iGaming. It is nigh on impossible to be successful in affiliation without maintaining healthy bonds with key collaborators, and forging new ones. This is especially true in iGaming, a very interdependent ...

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Tuesday, July 24, 2018

July 24, 2018

The NJ Sports Betting Market Is A Little More Crowded Now

The NJ Sports Betting Market Is A Little More Crowded Now
several people riding on a bike

Six casinos submitted applications for sports betting before the deadline, putting the total number of N.J. casinos who are already running sportsbooks or have applied to run a sportsbook at eight of nine.

The post The NJ Sports Betting Market Is A Little More Crowded Now appeared first on .

July 24, 2018

Offshore operators increase spend in Norway

Casino News Today
Offshore operators increase spend in Norway

The Norwegian Gaming Authority has announced its termination of supporting new regulations to limit the impact of unregulated gambling after an increase in advertising from offshore operators. International operators spend about €91m on TV ads in the country last year as a way of getting around the Norwegian gambling monopoly. The Norwegian Gaming Authority said the total represents an increase ...

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July 24, 2018

MGM, Wynn tamp down Boston casino intrigue

Las Vegas Sun Stories: Gaming
MGM, Wynn tamp down Boston casino intrigue
Executives for MGM and Wynn are tamping down speculation the companies are quietly in talks over Wynn's Boston-area casino. MGM Resorts International CEO Jim Murren said today it would have to be an "extremely unique situation" for officials to ...
July 24, 2018

Paul Höfer Bags the Lead after WPT Gardens Main Event Day 2

Casino News Daily
Paul Höfer Bags the Lead after WPT Gardens Main Event Day 2

German poker pro Paul Höfer is eying his first WPT Main Event title in the inaugural WPT Gardens Poker Festival. The player finished Day 2 of the festival’s $5,000 Main Event as the overnight chip leader with 597,000 to place himself in a good position to conquer the tournament’s top.

Höfer is a one-time WSOP gold bracelet winner and boasts 76 in-the-money finishes in various live tournaments. He won his gold piece from the series back in 2015 when he topped the field of the $1,111 No-Limit Hold’em Little One for ONE DROP. His triumph in that event also earned him his largest cash so far of $645,969.

Back to the WPT Gardens Main Event, Höfer entered Day 2 of the tournament, played yesterday at the host venue the Gardens Casino in Southern California, with a below-average stack of 47,000 in chips. The player’s momentum started in the third level of the day as he doubled through Jesse Martin. Höfer only went up from that point on.

During the final level scheduled for Day 2, the overnight chip leader bet into Allen Lu on a [Qh][4s][3c][6c][2d] board. Lu could not hold up against Höfer’s [Ad][Qc] and the latter scooped the pot to pass the 500,000 mark.

The German poker pro will enter Day 3 of the tournament as the chip leader, but Alexander Assouline is lurking not far behind with 581,000. As many as 123 player secured a seat into the third day of WPT Gardens Main Event action.

More about the Event

Registration into the tournament remained open until the beginning of Level 11 on Day 2. By the time it closed, the event’s field counted 584 entries, including re-entries from the two starting flights and the two levels on Day 2 during which players could enter and re-enter the tournament. As mentioned above, only 123 of them progressed into Day 3.

The event’s field generated a prize pool of $2.94 million, including $200,000 in cash contributed by the Gardens Casino. The host venue has also announced the the winner will be awarded a brand-new Mercedes-Benz SLC Roadster.

The top 73 finishers will receive a share of the prize money. The champion will take home the amount of $565,055.

Day 3 of the tournament is scheduled to kick off at noon local time. With 123 hopefuls left in contention and the top 73 places to be paid, it is expected that the money bubble will burst at some point today. Day 3 action is scheduled to take place over five 90-minute levels.

Notables such as Jake Schindler, Ryan Tosoc, and Benny Glaser are set to return at the host venue today. There were also quite some famous players who busted on Day 2, thus missing their chance to win the first-ever WPT Gardens Main Event title. Phil Hellmuth, who comes fresh off the WSOP where he won his record-breaking 15th gold bracelet toward the end of the series, was among those to hit the rail on Day 2.

The poker celebrity bought into the tournament early on Day 2, then busted shortly before registration closed. He shot his second bullet but then was eliminated toward the end of Day 2.

The post Paul Höfer Bags the Lead after WPT Gardens Main Event Day 2 appeared first on Casino News Daily.

Monday, July 23, 2018

July 23, 2018

Thai Police Continue Clamping Down on Illegal Betting after World Cup

Casino News Daily
Thai Police Continue Clamping Down on Illegal Betting after World Cup

Thai and Chinese police busted last week another illegal online gambling operation in Thailand, Thai police officers announced earlier today.

In a joint operation, police from the two countries arrested 34 individuals, most of whom Chinese nationals, on illegal gambling charges as well as for the alleged operation of an illegal financial operation.

Thai Deputy Tourism Police Chief Pol Maj-Gen Surachet Hakpal disclosed more details about the latest nabbing of an illegal gambling ring in the country at a press conference held today at the headquarters of the Royal Thai Police. The official said that Chinese police cooperated in catching the 34 suspects, of whom 24 were Chinese nationals.

Thai police raided last Friday as many as 14 locations in Bangkok, Phuket, Nonthaburi, and Chon Buri. Nineteen of the arrested individuals were suspected to be part of call center gangs; 17 of them were from China, one was from Vanuatu and the other from Myanmar.

Another 15 individuals were detained for their alleged ties with online gambling gangs. Nine of them were Chinese nationals, while three were from Myanmar and the other three were from Northern Thailand.

Most of the arrested suspects were based in Phuket, which is known to be among Thailand’s largest tech hubs. Pol Maj-Gen Surachet said today that they targeted mostly Chinese victims via the WeChat messaging app.

Record Number of Gambling-Related Arrests During World Cup

Football and betting on football matches is particularly popular in Thailand, even though the latter activity is strictly prohibited under the country’s gambling laws. Gearing up for the expected increase in betting activity, Thai police set up a special center that was tasked with clamping down on illegal gambling ahead of and during the Russia World Cup.

Police officers announced last week that three times as much gambling arrests were made during the 2018 edition of the major sporting event than four years ago when it took place in Brazil. As many as 15,007 gamblers, including three individuals under 18, were arrested in the period between May 1-July 15, 2018, Thai police revealed. In addition, 695 illegal gambling operators and 166 gambling ticket runners were also nabbed during the above period. Assets and cash seized by police during raids totaled BHT51.2 million.

The largest number of bettors who were wagering money with illegal gambling operations were caught ahead of and during the World Cup final between France and Croatia. A total of 1,000 people were nabbed on illegal gambling charges related to that match, police revealed.

In comparison, the 2014 World Cup saw the arrest of 4,679 gamblers, 258 individuals providing illegal sports betting services, and 127 ticket runners. Police also seized THB12.4 million in cash during gambling-related raids.

The post Thai Police Continue Clamping Down on Illegal Betting after World Cup appeared first on Casino News Daily.

July 23, 2018

Online Casinos & The Future of Welcome Bonuses

Casino News Today
Online Casinos & The Future of Welcome Bonuses

For years, the term “free bonus” was thrown around by leading online casinos. While it seldom delivered what was promised, it certainly proved to be an effective marketing tool. However, in 2018, with regulatory measures attempting to stamp out this way of attracting players, we’ve seen countless casinos turn away from this once common marketing practice. Now considered to be ...

The post Online Casinos & The Future of Welcome Bonuses appeared first on Casino News Today.

Sunday, July 22, 2018

July 22, 2018

MGM, Wynn tamp down Boston casino intrigue

Las Vegas Sun Stories: Gaming
MGM, Wynn tamp down Boston casino intrigue
Executives for MGM and Wynn are tamping down speculation the companies are quietly in talks over Wynn's Boston-area casino. MGM Resorts International CEO Jim Murren said today it would have to be an "extremely unique situation" for officials to ...
July 22, 2018

Australian Racing Rolls Out New Rules to Combat Illegal Online Gambling

Casino News Daily
Australian Racing Rolls Out New Rules to Combat Illegal Online Gambling

Australian horse racing trainers and owners could have their computers and mobile devices seized if they are suspected of gambling with illegal betting websites, under a new set of rules by Racing Australia, local news outlet The Sydney Morning Herald reports.

Racing Australia is the regulatory body tasked with overseeing Australia’s thoroughbred racing industry. The regulator has adopted speedily a fresh wave of rules aimed at clamping down on illegal offshore operators targeting Australian bettors.

Although Australians are allowed to wager on legal websites, they often prefer black market operators to regulated ones, tempted by the promise of a better product and odds. According to a 2015 report by the former Australian Council, the country’s illegal betting market was worth around A$400 million at the time and was expected to reach A$900 million by 2020.

A study by Racing Wagering Australia, the body that represents the nation’s online wagering sector, claims that the black market could be worth up to A$1.3 billion. The money goes to illegal operators who do not contribute back to Australia’s horse racing industry unlike regulated businesses.

New Regulations

The new rules are set to come into effect from August 1, 2018. They will apply to racing horse owners and trainers. Participants in the nation’s horse racing industry could thus have their electronic devices seized for forensic image if they are suspected to be wagering with non-licensed operators.

Racing Victoria, the regulatory body responsible for the racing industry of the state of Victoria, has previously implemented a similar rule to prevent participants from engaging into illegal operations. Racing Australia will now expand that rule so that it applies to all racing authorities in Australia.

Local regulators, including Racing New South Wales, have said they welcome the new approach to illegal betting as the growing betting market poses a great threat to Australia’s horse racing industry.

News about Racing Australia implementing new rules against illegal operations come shortly after a rollout of announcements from various Australian states and territories that they would implement a point of consumption tax on regulated betting operations.

Most recently, New South Wales confirmed that it would be taxing licensed operators at 10% on their revenue from the state. The new tax would be implemented from January 1, 2019.

Queensland has, too, recently announced that a new taxation regime on betting would take effect on October 1, 2018. Operators servicing customers from the state will be required to pay 15% on revenue from their local operations.

It became known earlier this year that the Australian Capital Territory will introduce a 15% point of consumption tax on January 1, 2019. Victoria will, too, roll out its new regime early next year, but it will tax licensed betting operators on 8% of their revenue from local wagering customers.

The post Australian Racing Rolls Out New Rules to Combat Illegal Online Gambling appeared first on Casino News Daily.

Saturday, July 21, 2018

July 21, 2018

MGM, Wynn tamp down Boston casino intrigue

Las Vegas Sun Stories: Gaming
MGM, Wynn tamp down Boston casino intrigue
Executives for MGM and Wynn are tamping down speculation the companies are quietly in talks over Wynn's Boston-area casino. MGM Resorts International CEO Jim Murren said today it would have to be an "extremely unique situation" for officials to ...
July 21, 2018

Melco Opens Two Casino Facilities at Larnaca Airport Within Months

Casino News Daily
Melco Opens Two Casino Facilities at Larnaca Airport Within Months

Two satellite casino facilities will open doors at the Larnaca International Airport by the end of the year under an agreement between Integrated Casino Resorts Cyprus and Hermes Airport Ltd., a joint statement by the two companies says.

Integrated Resorts Cyprus represents the joint venture between Hong Kong-based gaming and hospitality giant Melco Resorts & Entertainment and its Cypriot partner CNS Group. The two companies were selected as the preferred bidder for the development of the first integrated resort with a casino floor in the Republic of Cyprus. Under the term of their license from the Cypriot government, Melco and CNS Group are also set to open four satellite casinos across the tiny Mediterranean republic.

The recently signed agreement with Hermes Airports, the company operating the Larnaca International Airport, will allow Melco and its local partner to establish two gaming facilities at the airport. The agreement has a two-year term and an option for renewal.

The first facility will be located in the departures area and is expected to become operational in the next three months. Only departing passengers will be able to access it. The other facility will be established in the arrivals section of the airport and will be accessible to everyone. It is expected to be completed by the end of the year.

Both facilities will be branded Cyprus Casinos. They will feature slot machines only and no gaming tables. It is yet to be determined whether the satellite casino at the Larnaca International Airport will be open 24 hours.

Melco Hails First Days of Temporary Casino Operation

News about Melco’s agreement with the Larnaca International Airport emerge days after the company said that its temporary casino in Limassol welcomed 34,000 unique visitors during its first three weeks of operation thus beating original expectations. The property opened doors on June 28 as a temporary operation while the main City of Dreams Mediterranean resort is under construction.

Melco revealed that guests from 41 countries played at its casino during its first days. Patrons from Cyprus, Greece, Israel, the United Kingdom, and Russia represented the largest group of players, and slot machines followed by American Roulette proved to be the most popular games.

The temporary operation currently features 242 slot machines and 33 gaming tables, a VIP salon, a restaurant, and two bars. It is open 24/7 and players must be 21 or over in order to be admitted to the gaming floor. Melco has said that 6,000 patrons have joined its rewards program since the casino opened doors.

The main resort is currently under development in Limassol. The property is slated to open doors in 2021. Melco plans to invest more than €550 million into what would be its first integrated resort outside Asia. The company has said that it would look to combat seasonality in Cyprus by establishing an operation that would be drawing visitors all year round.

The post Melco Opens Two Casino Facilities at Larnaca Airport Within Months appeared first on Casino News Daily.

Friday, July 20, 2018

July 20, 2018

Looking At The Long-Term Roles For Hard Rock And Ocean Resort In AC

Looking At The Long-Term Roles For Hard Rock And Ocean Resort In AC
puzzle pieces with sun behind them

Industry experts Rummy Pandit and Bob Ambrose offer their explanations as to why Hard Rock Hotel & Casino Atlantic City and Ocean Resort Casino are poised for success after strong opening-weekend revenue numbers.

The post Looking At The Long-Term Roles For Hard Rock And Ocean Resort In AC appeared first on .

July 20, 2018

Vietnamese Casino Fined for Faulty Tax Reports

Casino News Daily
Vietnamese Casino Fined for Faulty Tax Reports

The owner of Royal International Gaming Club in Ha Long, Vietnam has received a $15,000 fine after being found to have provided faulty reports of value added tax and using illegal invoices, local news outlet VnExpress reports.

Royal Casino is part of the larger Royal Halong Hotel owned by gaming and hospitality company Royal International Corporation. The gaming venue currently offers four table games, with those being blackjack, roulette, baccarat, and Sic Bo, as well as 70 slot machines.

According to the Tax Department of the Quang Ninh province, owners of the casino have breached several tax regulations in their 2017 returns filings and VAT receipts due February 2018. Authorities revealed that Royal International Corporation was penalized with a $15,000 fine, which included a $10,500 levy for faulty VAT reports and another $3,700 levy for providing illegal invoices.

Similarly to most of Vietnam’s land-based casinos, Royal Casino services foreign patrons only. The VnExpress reports that the gambling venue has been recording profit losses since 2013. According to the owner’s report for the third quarter of 2017, the casino saw its loss jump more than 23 times to over $3.04 million.

Revenue during the first quarter of 2018 totaled $2.92 million, the company’s financial report states. The property also generated $69,000 in profits after tax, which is a considerable increase from a loss of $908,000 during the same three months of 2017. However, it is believed that Royal International Corporation has accumulated loss of more than $7.4 million from its gambling operation on a total capital investment of around $30.5 million.

Casino officials have revealed that visitors from Taiwan represent their largest customer group and that the number of patrons from Mainland China has decreased significantly over the past several years. Chinese gamblers are the most popular customer group with stakeholders of the Asia-Pacific region’s casino industry due to their spending habits. Patrons from China are targeted heavily by casinos in the area and competition has become even fiercer in the years after Chinese President Xi Jinping’s anti-graft campaign that resulted in high rollers steering away from Asia’s gambling mecca Macau and looking for other destinations to gamble without appearing on Chinese authorities’ radar screens.

Regulatory Changes in Vietnam

Up until recently, Vietnamese nationals were prohibited from gambling at the country’s casinos. However, the country’s government announced earlier this year that it would lift the long-standing ban partially by launching a three-year pilot program that would allow residents to gamble at two gambling venues – one on the Phu Quoc island in South Vietnam and the other located in the Van Don Special Economic Zone. Both properties are currently under development.

In order to be admitted to the gaming floors of the two resorts, Vietnamese nationals will have to be aged 21 or over and to prove that their monthly income exceeds VND10 million.

Vietnam saw another important change in its gambling laws this year. The country’s government decided to relax previous restrictions on the provision of sports betting and engaging into the activity. A new set of rules was rolled out ahead of the World Cup, allowing nationals to bet on football matches but only with a state-run operators. Bettors can wager up to $44 on a match under the new regulations.

Despite the reforms, Vietnam’s black market was thriving during this year’s edition of the major football championship. Vietnamese police bust a number of illegal gambling rings in the months leading up to the World Cup and during the sporting event. News emerged most recently about an $87-million illegal online betting scheme that was nabbed by police during the football tournament. Ten people were arrested for their alleged involvement in the illicit operation which could easily be dubbed Vietnam’s largest one ever busted.

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