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Playsugarhouse.com sportsbook went live last Thursday, and reported that there are already some interesting trends to be seen.

BetConstruct is to attend a preeminent gaming event, the SAGSE LatAm Expo in Buenos Aires, Argentina on September 11 – 13. Latin America is a huge market for BetConstruct. During the SAGSE LatAm Expo , the company will aim to impress all attendees with its powerful solutions and the freedom of choice they offer. Among the company’s showcase at its ...

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Nayong Pilipino Foundation officials once again denied corruption allegations and stressed on the legality of the foundation’s deal with Hong Kong casino resort developer Landing International Development that secured the latter with a land plot for the development of a $1.5-billion hotel and casino complex.

Philippine President Rodrigo Duterte fired earlier this month all members of the board of the state-run organization that was established back in the 1970s to run the Nayong Pilipino cultural theme park located in Pasay City in the Metro Manila area.

Earlier this year, Nayong Pilipino Foundation penned an agreement with Landing to lease the land previously occupied by the above-mentioned theme park for the development of an integrated resort with a casino floor, hotels, and multiple non-gambling entertainment options. The site is located within Entertainment City in the Manila Bay area and not far from where the Philippine capital’s three operational integrated resorts have been built.

The Hong Kong-based developer broke ground on the property earlier this month. However, President Duterte announced hours after the ground-breaking ceremony that measures will be taken to block the materialization of the mega-plan.

The Philippines’ top official said that the lease deal was flawed and “grossly disadvantageous” as the lease period was “ridiculously long” and the lease rates were too low. In addition, the members of the Nayong Pilipino Foundation were accused of corruption.

President Duterte also ordered the Department of Justice to carry out a review of the lease deal. DOJ officials announced earlier today that the probe was completed on Wednesday but refused to reveal more details about the department’s findings.

In a written statement released across several local news outlets on Wednesday, the foundation said that it has followed “all procedural and legal requirements” before the project was launched and that its members were “falsely and maliciously accused” of corruption.

Under the terms of the deal between Nayong Pilipino Foundation and Landing, the latter agreed to lease the portion of land for a period of 25 years with an option for an extension of the deal for another 25 years. In his comments against the deal, President Duterte has pointed out that it was a ridiculously long one and granted Landing permission to use the land for a period of 70 years and operate a casino on it. And the official has repeatedly pointed out that no other casinos beyond the existing ones would be allowed in the country.

The foundation stressed that a 70-year lease period has never been discussed by the two parties and that the initial lease period could only be extended to 50 years if the Philippine Tourism Infrastructure and Enterprise Zone Authority classifies Landing’s development as a tourism project.

As for President Duterte’s comments that the lease price was too low, the foundation said that Landing has agreed to pay PHP360 per square meter per month for the 9.57-hectare property and to contribute 10% of the net profits from the three theme parks that are planned to be developed as part of the integrated resort, which effectively raises the lease price to PHP570 per square meter per month. The foundation’s statement further read that Resorts World Manila pays PHP156.66 per square meter per month for the 5.4-hectare site it occupies, a price significantly lower than what Landing has agreed to pay.

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The 2018 Gaming in Spain Conference, which takes place November 7-8, 2018, in Madrid, is your single stop to stay informed of the increasingly attractive opportunities offered by the booming Spanish online gaming market. Click here to register. Lower tax rates and strong growth offer fresh opportunities To an industry sector that often appears to be under regulatory siege, the ...

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Outside gambling competition is an issue for Atlantic City casinos as East Coast markets that once funneled gamblers onto the Boardwalk expand.

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Sports betting in New Jersey won't be the panacea for state coffers that officials are hoping for, says Fitch Ratings. But NJ sports betting is only just getting started.

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Say goodbye to summer with discounts! First 50 tickets to Blockchain & Bitcoin Conference Malta for 99 EUR each! From August 28 to August 31, you can buy tickets to the conference at the hottest price — 99 EUR! Hurry up, the amount of tickets is limited! Only first 50 lucky ones will be able to obtain tickets at the ...

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Through Aug. 18, Atlantic City casinos have reported a total of $21.9 million in jackpot wins of more than $50,000, making the first half of 2018 more profitable than each of the previous three full years.

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The 2018 edition of the WPT500 Los Angeles is now in the books. The tournament drew 2,509 entries who challenged their luck and tested their skills against each other at one of California’s hottest poker destinations – The Bicycle Casino. In the end, it was Michael Copeland who posed for a celebratory picture and then pocketed the first-place prize of $181,950 for outlasting his many opponents.

The final day of the tournament was played on Monday at the host casino. Nine players returned to play the final table and determine the champion. And Copeland led them into that final stage of the game with a massive chip lead.

It was a relatively short day at The Bike. The final table took less than four hours for the start-of-the-day field of nine to be whittled down to the champion. The first elimination occurred half an hour into action when Alexander Beleson’s [Ac][Qs] ran into Jorge Pineda’s pocket aces. An ace on the flopped pretty much sealed it for Pineda, while Beleson hit the rail for $17,790.

Players walked out one after another until there were just two players left at the table. More about the heads-up duel shortly. It is first important to note that Copeland entered the final day of the WPT500 as the chip leader with a massive advantage over the rest in contention with his stack of 19 million. And he never really lost momentum throughout the day.

The eventual champion was the first and only one to pass the 30 million chip mark yesterday. That happened during three-handed play. At that point, he was in possession of half of all chips in play.

Copeland faced Pineda heads-up. The eventual winner had nearly three times more chips than his final opponent at the time cards were thrown in the air for the two-handed match. And it was not a long battle. It actually took around ten minutes for Copeland to finish off his last opponent.

On what turned out to be the final hand of the tournament, Pineda shoved pre-flop for 10.125 million and Copeland called. The eventual winner flipped over [Ac][Jc] to Pineda’s [10c][9h]. The board ran out [Ad][10s][8c][8s][4s] to bring the tournament to an end. Pineda hit the rail in second place, good for a cash prize of $120,610.

The WPT500 Los Angeles was the second event of the WPT500 series to take place this year, which means that it closed the popular WPT brand’s fifth season. The event featured a record number of starting flights – 16 overall. As mentioned earlier, it attracted a little over 2,509 entries who paid a buy-in fee of $570 to generate a prize pool of $1,254,500. Each of the nine players who played the final table was guaranteed a minimum cash of $17,790. And the winner scooped a first-place prize of $181,950, the WPT500 champion’s trophy and another trophy from the host casino.

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It has been three months since the US Supreme Court struck down the 1992 nationwide ban on sports betting. The historic ruling led up to the legalization and launch of sports betting offering in several states and started discussions over the potential of a regulated sports betting industry in multiple other states.

Delaware, New Jersey, and Mississippi were the first to roll out wagering products, while West Virginia and Rhode Island are gearing up for the launch such offering in a regulated environment. Interest in sports betting has also been picking up in Pennsylvania, where two of the state’s 12 casinos have applied for permission to offer such products to its customers. The regulation of sports betting in the Keystone State comes as part of a sweeping gambling expansion process that will also see the provision of online gaming services to residents.

And while the above states decided to jump on the legal wagering bandwagon very shortly after the long-running ban was lifted, Kentucky lawmakers have taken a more cautious approach.

Three sports betting bills have been introduced in the state Legislature so far, but all three are yet to pass a committee vote. It can be said that former Kentucky Governor and current Senator Julian Carroll is leading the sports betting drive in the Bluegrass State. The legislator submitted a bill on the legalization of sports betting in the state in June.

He is also part of a nine-member working group that was assembled shortly after the SCOTUS ruling and vested with the responsible task to create a feasible sports betting regulatory system that will be discussed more broadly in the state Legislature during the next legislative session. With that said, Kentuckians will clearly have to wait at least until next year to be able to wager on professional and amateur leagues.

The nine-member working group, comprised by both Senators and House Representatives and members of both parties, has had two meetings so far. And according to a report from Sports Handle, the second meeting saw two important decisions being made – taxation of regulated sports betting operations and integrity fee for professional sports leagues.

In an email to Sports Handle, Sen. Carroll has said that the group has decided on the basis for taxation when and if sports betting is legalized in the state. Wagering will thus be taxed on net revenue, but a rate is yet to be determined by lawmakers.

The taxation decision represents a major diversion from Sen. Carroll’s bill from June this year. The lawmakers called for taxing sports betting on handle. The proposed structure mirrored how pari-mutuel wagering, which has been legal in Kentucky for some time now, was taxed, the lawmaker explained in previous comments on the piece of legislation.

However, it can be said that net revenue is globally recognized by gambling companies serving regulated markets as the most reasonable basis. In other words, taxing sports betting on handle could have affected Kentucky’s lure to major sports betting companies. And it is believed that the state could be really attractive to global gambling giants, particularly when bearing in mind its rich horse racing heritage.

With sports betting growing into an almost nationwide mainstream venture, more and more parties are becoming aware that what could turn into an industry worth hundreds of billions of dollars is currently in the making. And more and more parties want a piece of that large and juicy pie.

The US professional sports leagues have become particularly vocal about their right to benefit from the legalization and regulation of sports betting. NBA Commissioner Adam Silver has been among the staunchest supporters of the idea that the NFL, NHL, NBA, and MLB deserve to receive a cut of the profit. In June comments, Mr. Silver said that the NBA alone will spend more than $7.5 billion on preparing the upcoming basketball season. And given the fact that that product will be used by casinos, betting halls, and other facilities to generate a profit, they feel they should receive an integrity fee just as musicians receive a royalty for their music that is being streamed all around.

During their latest meeting, the nine members of Kentucky’s sports betting legalization working group have decided that the state’s law on the matter would not include the distribution of an integrity fee to the nation’s professional sports leagues. It is also important to note that the six states that have legalized sports betting so far have not introduced an integrity fee as part of their regulation effort.

The nine lawmakers tasked with crafting the state’s sports betting regulatory framework have quite some work to do. For instance, they will have to decide where sports betting will be offered and who will regulate the industry.

Kentucky does not have commercial Las Vegas-style casinos. On the other hand, the state is home to nine racetracks, including the extremely popular Churchill Downs which annually hosts the Kentucky Derby. Under Sen. Carrol’s bill, sports betting will be allowed across the state’s horse racing venues.

Under a bill filed in the House of Representatives, the state lottery will regulate the provision of sports betting in Kentucky and sports betting products will be offered across retail lottery outlets, in addition to the nine racetracks.

Tax revenue distribution is another important matter that will have to be decided upon. The Senate bill looks to close a very huge and important gap and focuses on the state’s cash-strapped pension systems. It is yet to be seen whether that proposal will make it to the final draft of Kentucky’s sports betting legislation.

Sen. Carroll has said in his e-mail to Sports Handle that their most important goal is to protect Kentucky’s citizens, despite the potentially huge revenue source that will be created with the legalization and roll-out of a regulated sports betting product.

Follow us on Facebook and Twitter to stay up to date on the day’s top casino news stories.

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DraftKings Sportsbook finally has competition from playMGM and SugarHouse Sportsbook. The three NJ online sports betting sites offer a variety of features, and here are the highlights.

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The WPT500 Los Angeles in entering its closing stage after nine days of quality poker action at The Bicycle Casino in the Los Angeles area. The $570 buy-in tournament drew a field of 2,509 warriors, all eyeing the first-place prize and the accolades that accompany a champion. However, there are just nine of them left in contention and it is a matter of hours before it becomes clear who will be the one to claim the title.

The massive field of the event was generated through sixteen starting flights, played over eight days. This was the largest WPT500 tournament in terms of flights featured. The event offered a guaranteed prize pool of $1 million, but the guarantee was eventually crushed to reach $1,254,500. Each of the nine remaining contenders is guaranteed a minimum payout of $17,790. And the winner will take home a nice cash prize of $181,950 and the tournament trophy.

The nine hopefuls are set to resume action at the Live At The Bike studio located inside the host casino. Nine-handed play will commence at 1 pm local time and the remaining contenders will play down to a winner. It is also important to note that action will resume from Level 33 with blinds at 100,000-200,000.

Day 2 of the event was played Sunday at The Bike. Play commenced with 124 players and lasted until WPT regular Minh Nguyen was eliminated in 10th place for $17,790 in prize money. The player hit the rail after failing to hold up against Michael Copeland. As for Copeland, the chips he collected from Nguyen helped him cement his lead.

The player bagged and tagged a massive stack at the end of the day and will thus lead the nine finalists into the final Day 3 with 19 million in chips. Copeland secured a big chip advantage over everyone else left in contention. The player was the only one of all nine to have passed the ten million mark. It is also important to note that Copeland’s stack is good for 95 big blinds.

Jorge Pineda collected the second largest stack last night worth 7.2 million in chips or 36 big blinds. Erik Nason with 5.375 million/27 big blinds rounded out the chip counts podium at the end of Day 2 play.

Aaron Messmer with 4.725 million (24 big blinds), Jose Torres with 3.25 million (16 big blinds), Luke Nguyen with 2.755 million (14 big blinds), Travis Tachibana with 2.5 million (13 big blinds), Alexander Beleson with 2.25 million (11 big blinds), and Sanjay Mayekar with 1.875 million (9 big blinds) were the other players to make it through Day 2 of the tournament and secure a coveted seat into the nine-handed finale. As mentioned above, each and everyone of them has locked a minimum payout of $17,790, but the first-place prize will be what all of them will be vying for.

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The Belarusian tax ministry has confirmed the country will regulate online gambling from the start of April 2019. Vladimir Mukvich, the Deputy Tax and Duties Minister, informs that there would be a transitional period lasting for two years, through the 1st of April 2019, when online operators would be able to apply for an online gaming licence. Mukvich added that ...

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The 2018 edition of the G2E exhibition in Las Vegas will be yet again the key event for Alfastreet, announcing important novelties and game evolutions for the second part of the year, preparing the ground for future trends that will see the introduction of radically advanced machines in 2019. Among a rich pack of novelties that will entertain the visitors ...

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Saturday was an eventful day at The Bicycle Casino in the Los Angeles area as the ongoing WPT500 Los Angeles finally concluded its starting flights stage. Over the course of the past eight days, as many as 2,509 entrants paid the $570 buy-in fee to try their luck and challenge their skills in one of WPT’s most exclusive series.

Of the original field, only 124 will progress into Day 2 action which starts today at 1 pm local time. Action will kick off from Level 19, the earliest finish of all 16 starting flights, with blinds standing at 4,000/8,000.

Day 1O of the tournament was played yesterday at The Bike. It was the largest one of all starting flights, drawing 460 players. There were only 23 finalists left at the end of the day. They will advance into Day 2 led by Dustin Gottstein who bagged the largest stack last night. The player collected 1.334 million in chips.

It is important to note that this was not only Day 1O’s biggest chip stack, but also the biggest one bagged throughout all sixteen starting flights. In other words, Gottstein has finally replaced Day 1A chip leader Peter Hengsakul at the top of the overall chip counts chart.

Day 1P (Turbo) was the event’s final starting flight. It was, too, played yesterday at The Bike. The flight attracted 189 entries who were eventually whittled down to just nine players. Paul Lee bagged the largest stack of that closing starting flight. The player will enter Day 2 with 830,000 worth of chips.

As mentioned above, Gottstein will begin Day 2 as the overall chip leader with 1.334 million, followed by Day 1A’s Hengsakul with 1.151 million. It is interesting to note that Hengsakul is looking to improve his third-place finish in the previous edition of the WPT500 Los Angeles. The tournament was played at The Gardens Casino last May. Hengsakul made it to the podium, but could only claim the bronze and a third-place prize of $100,000.

Alexander Beleson, the Day 1G chip leader, will enter Day 2 action with the third largest chip stack of all 124 remaining hopefuls with 1.114 million. And Thomas Zanot is the last player to have passed the one million mark. Zanot was the Day 1I chip leader and bagged 1.1 million at the end of that starting flight.

The 2,509-strong field of the WPT500 Los Angeles created a prize pool of $1,254,500, easily crushing the $1-million guarantee. It is yet to be announced how much the winner will be awarded.

Day 2 of the tournament is set for a 1 pm start at The Bike, known to be one of California’s hottest poker destinations. The remaining hopefuls will be contending for a spot among the final nine. The nine finalists will then return to the host casino on Monday to play down to a champion.

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GameArt is one of the young and quickly developing companies in the modern gambling market. From 2013 onwards, the provider succeeds in creating quality software for clients from different regions, e.g., Serbia, Slovenia, the UK, Malta, and many others. GameArt is pleased to announce a new stage of its development – the release of games with jackpots. The first batch ...

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Monmouth Park was the first venue in New Jersey to accept sports wagers following the repeal of PASPA. Yet, the racetrack is falling behind in the race to launch NJ online sports betting.

The post Feeling The Pinch, Monmouth ‘Confident’ It Will Kick Off Online Sports Betting By Football appeared first on .

Poker excitement is building up at The Bicycle Casino where the latest installment of the WPT500 is taking place. The ongoing WPT500 Los Angeles is a special one. The $570 buy-in tournament features a record number of starting flights, which means a record number of opportunities for player to join the field.

Two more starting flights were completed on Friday at the host casino and there are just two more left before the remaining survivors head to The Bike for Day 2 of the major tournament.

A massive field was built on Day 1M of the event. There were 301 players to enter through that starting flight. However, only 15 of them were lucky and persistent enough to make it through the very end and bag and tag for the night. They will have one day for a much-deserved rest and to craft their strategies of how to approach the Day 2 field. Day 2 of the tournament will be played Sunday at the casino.

Jose Gallardo finished the Day 1M starting flight as the chip leader among the 15 remaining hopefuls. The player had a total of 975,000 in chips at the end of the day. Jose Torres finished second in chips with 677,000 and Derek Lacock collected the third largest stack of 636,000 in chips.

The Turbo-structure Day 1N also took place on Friday at the host casino. It drew 100 warriors seeking a shot at the title and the first-place prize. After 22 levels of play, there were only five players left to whom the original field had been whittled down.

Adin Gardenswartz was the one to put the largest stack in his end-of-the-day bag. The player had a total of 616,000 at that point. He was followed by David Marshall with 492,000 and Martin Zamani with 348,000. Kai Yang and Robert Rubano were the other two players to have survived through the end of the day. They bagged 287,000 and 244,000, respectively.

The final starting flights of the event are set to be played later today. They might turn out to be the biggest ones so far as they will be interested players’ last opportunity to join the event. The tournament features unlimited re-entries until registration for each of the two starting flights played over a day closes at the beginning of Level 9.

As mentioned earlier, Day 2 is slated for commencement at 1 pm local time at the host casino. It will see the survivors from all the starting flights brought together for the first time. The remaining hopefuls will play down to the final nine who will come back at The Bike on Monday to clash it out until a single player remains on the field. It is yet to be announced how much exactly that one final player will be awarded for their deed.

The WPT500 Los Angeles has drawn 1,860 entries so far and there are 93 to have made it through their respective starting flights.

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A Nevada judge has recently dismissed a defamation case lodged by disgraced casino tycoon Steve Wynn against The Associated Press and an AP reporter. It was in April when Mr. Wynn’s legal team filed a complaint against the news agency over a report published in February about two women’s accounts to police accusing the businessman of sexual misconduct.

Mr. Wynn’s legal representatives said in a 13-page complaint that the AP had produced a news story based on police accounts of a woman who had previously falsely accused the casino mogul of rape. The filing went on that the AP should have included additional information about those previous allegations so that readers be able to reach their own conclusions and not be influenced by the limited information in the published article.

Mr. Wynn’s legal complaint referred to Halina Kuta, who told police in February that she had been raped by the businessman back in the 1970s and had given birth to a daughter in the restroom of a gas station. Ms. Kuta also said that she had been married to Mr. Wynn and had given birth to other children. However, she told police that she could not recount all their names and birth dates. The disgraced businessman’s legal team pointed out that discrepancies contained in Ms. Kuta’s account raised questions.

In a recent written order, Judge Ronald Israel from the Clark County District Court ruled that the Associated Press’ reporting on the two sexual misconduct police reports was fair and no additional information could have been provided about any of the two women at the time because their names were blacked out in police documents obtained by the news agency and its reporter under a public records request.

Mr. Wynn’s attorney, L. Lyn Wood told media on Friday that they will appeal the ruling in the Nevada Supreme Court.

The disgraced businessman is facing multiple sexual misconduct allegations, mostly from former and current employees of gaming and hospitality giant Wynn Resorts, which he himself founded. First news about Mr. Wynn’s alleged lengthy pattern of sexual harassment emerged in January when the Wall Street Journal published a report detailing multiple cases of the casino mogul subjecting women to unwanted advances of sexual nature.

There are ongoing probes over the allegations, which Mr. Wynn has been denying fervently. Following the publication of the WSJ report, the businessman left his posts as CEO and Chairman of Wynn Resorts and had to leave his residence at one of the company’s properties in Las Vegas.

The allegations against Mr. Wynn and the scope to which Wynn Resorts was aware or if it had any actual knowledge about the alleged sexual misconduct incidents are being investigated by the gaming regulators of the jurisdictions where the company operates or is planning to operate casinos, including Nevada, Macau, and Massachusetts.

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Days 1K and 1L of the latest edition of the $570 buy-in WPT500 Los Angeles were played at The Bicycle Casino in the Los Angeles area on Thursday. The two starting flights drew a combined of 264 entries who brought the overall field to 1,459 contenders.

Day 1K of the major tournament attracted 181 players from all over the States and the rest of the world. Action lasted through Level 21. With 27 minutes left of that level, organizers called it a day and the remaining survivors were invited to bag and tag for the night.

There were nine players left in contention at that point. Of them, it was Mark LeBlanc who put the biggest stack into his bag. The player had managed to accumulate 845,000 worth of chips by the end of the day. He actually won the last pot of the night. The overnight chip leader held up against Kevin Kung in an all-in confrontation that saw his pocket nines clash against his opponent’s pocket sixes.

Steve Silverstein with 528,000 and Beau Winn with 482,000 were the other two players to round out the chip counts podium. The nine Day 1K survivors will have several days to rest and prepare their strategies for Day 2, which is scheduled to be played on Sunday, August 26, at the host casino.

The second starting flight of the day kicked off at 5 pm local time and featured a Turbo format. It drew an 83-strong field that was eventually reduced to just four players. Jeff Yarchever will be leading Day 1L’s pack of survivors with a significant advantage over his three remaining opponents.

The player bagged 851,000 in chips last night after surviving through all 23 levels played within Day 1L. Nikhil Gera was the player to bag the second largest stack of the night with 432,000. Lawrence Engerman with 25,000 and Felipe Davila with 133,000 will be the other two players to advance into Day 2 from the tournament’s twelfth starting flight.

There are four more starting flights left to be played as part of the ongoing WPT500 Los Angeles tournament. This latest edition of the tournament actually features a record-breaking number of starting flights since the WPT500 brand was established four years ago. A total of sixteen starting flights are slated to be played.

The event will also feature two more days of action at The Bicycle Casino – Days 2 and 3. As already mentioned, Day 2 of the tournament will be played on Sunday and will combine the survivors from all starting flights. They will play down to the final nine. The nine final tablists will then return to the host venue on Monday to determine the champion. The event features a guaranteed prize pool of $1 million and the guarantee is yet to be reached.

The post Mark LeBlanc and Jeff Yarchever Top WPT500 Los Angeles Days 1K/1L Chip Counts appeared first on Casino News Daily.

With backlash brewing, NJ Transit exec Kevin Corbett tries to expel fears from worried Atlantic City Rail Line passengers that this is not the end of the line, but a brief five-month closure.

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The Dutch gambling regulator, Kansspelautoriteit, has slapped a hefty fine on a Betsson subsidiary for serving Dutch players without holding the necessary permission, the Malta-headquartered online gambling operator revealed in a press release from earlier today.

Betsson said that its subsidiary Corona Ltd. has been fined €300,000 by the Dutch gaming authority for targeting Netherlands-based customers. This has not been the first time Kansspelautoriteit has imposed a six-figure fine on an erring operator.

Betsson purchased Corona back in 2014 for the total amount of €100 million in anticipation for the re-regulation of the Dutch online gambling market. The company’s subsidiary owns the Oranje Casino and Kroon Casino brands which serve specifically Dutch customers.

Several other Betsson-owned online gambling entities had, too, been under investigation, it became known, but Kansspelautoriteit had ruled that those had not violated its rules. The major operator said in its press release from earlier today that discussions are being held whether they should appeal the Dutch gambling regulator’s recent actions.

Local gaming news outlet GamingInHolland noted in an article on the topic that if the penalty is not voided on appeal, Betsson’s erring subsidiary might not be found eligible to be granted a gaming license when the Netherlands finally re-regulates its market, under the most recent interpretation of the proposed amendments to the nation’s Betting and Gaming Act.

The re-regulation of the Dutch gambling market has proved to be a slow and lengthy process. New regulations, ones that would create a licensing system and would allow international companies to operate in a regulated environment, was originally expected in 2015. It is also important to note that it has been more than a decade now when European authorities first urged the Netherlands to adopt a more progressive approach towards remote gambling.

Following years of discussions and stalled progress, the Dutch Lower House passed the so-called Remote Gambling Bill in the summer of 2016. It was then up to the Senate to vote through the legislative piece. However, the upper chamber of the nation’s government is yet to take that necessary step. According to various reports, lawmakers will be targeting mid-2019 or early 2020 re-regulation of the market.

Betsson has long been one of the heaviest critics of the Netherlands’ slow progress towards adopting a new, modern regulatory framework. The company has also been repeatedly slamming Kansspelautoriteit for its approaches toward curbing the provision of unregulated online gambling services.

Last summer, Betsson called on EU regulators to interfere and prevent the Dutch gaming regulator from penalizing its Dutch-targeting brands. The company argued that Kansspelautoriteit had no authority to take enforcement actions against unlicensed gambling operators.

Betsson also filed a legal challenge in the Hague last year. However, the court sided with Kansspelautoriteit and struck down the operator’s claim.

While the regulator has slapped a number of hefty fines on operators targeting Dutch players over the years, it has faced difficulties in collecting those. It should also be noted that Betsson’s €300,000 penalty has not been the largest one ever imposed by the watchdog. Earlier this year, German gambling operator bet-at-home drew ire for trying to lure customers from the Netherlands and was fined €400,000 by Kansspelautoriteit.

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With less than 7 weeks to go until the inaugural European Gaming Congress opens its doors in Ljubljana at the Union Grand Hotel, the organizers are honoured to announce Jaka Repansek as a key partner for the event. The event will benefit of Jaka Repansek’s regional expertise, well known across the industry for precise data and legal counselling. Zoltán Tűndik, ...

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Through the first six months of the year, Atlantic City casino net revenues are almost exactly what they were last year with gross operating profit down less than five percent.

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The WPT500 Los Angeles is in full swing as ten of the event’s sixteen starting flights are already in the books. The most recent two were ticked off as completed last night at The Bicycle Casino. Days 1I and 1J together drew 240 contenders on Wednesday to swell the overall field to 1,195 entries. Of that overall field, there are just 60 left in contention for the title and the first-place prize.

Day 1I featured a 174-strong field that had been reduced to just nine players when organizers called it a day. Thomas Zanot was the survivor to bag the largest stack. The player will progress into Day 2 of play with 1.1 million in chips. It is also important to note that Zanot is holding one of the largest stacks in the overall temporary leaderboard. Arkadi Onikoul with 545,000 and Gladys Landegger with 396,000 comprise the Day 1I podium.

The tournament’s ninth starting flight kicked off at 11:30 am local time at the host casino and ran through Level 19. It is important to note that when Day 2 starts on Sunday, August 26, the blinds will be rolled back to the earliest finish of all 16 flights.

The Day 1J (Turbo) starting flight saw 66 players in attendance. That field was eventually whittled down to the final three players. Douglas Claybrook emerged as the chip leader, putting 600,000 in his bag at the end of the day. Chris DeMaci with 507,000 and Min Zhang with 214,000 were the other two fortunate players who made it through the end of the event’s tenth starting flight. Action lasted through Level 23.

With ten starting flights now in the books, there are just 60 players still in contention for yet-to-be-announced first-place prize and the event’s title. Survivors from all 16 starting flights will gather together for the very first time since the tournament’s beginning on Sunday, August 26. Play is slated to kick off at 1 pm local time at the host venue and to last until the official final table of nine is reached. The nine finalists will then battle it out until a winner is determined on Monday, August 27.

However, there are six more starting flights to be played over the next three days before the time for Day 2 comes. WPT500 action at The Bicycle Casino is set to resume today at 11:30 am for Day 1K. Day 1L will then begin at 5 pm.

The ongoing WPT500 Los Angeles actually features a record-breaking number of starting fields. With a total of 16 starting fields, the event is hoped to become the largest one since the WPT-branded series was established four years ago. It has since then featured two events per season/year.

The WPT500 Los Angeles is the closing event of this season. The other one was played at Aria Resort & Casino in Las Vegas back in June. That one attracted 2,983 entrants who generated a prize pool of nearly $1.5 million. Kyriakos Papadopoulos emerged victorious for a first-place prize of $207,940.

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Two more starting flights of the WPT500 Los Angeles are in the books now. Days 1G and 1H were played at the host facility, The Bicycle Casino in Bell Gardens, California to see the event’s overall field grow to 955 entries from a field of 764 contestants that was recorded after the two previous starting flights.

Day 1G drew 144 entrants. It kicked off at 11:30 am at the host venue and continued all the way through Level 21. Only seven players made it through the end. They will be led by Alexander Beleson into Day 2, which is set to be played on Sunday, August 26. Beleson accumulated a stack of 1.114 million to put into his bag at the end of the day. The player is thus ranking second in the temporary leaderboard of all starting flights played so far.

He is only topped by Peter Hengsakul, the Day 1A chip leader whose stack of 1.151 million is yet to be bested. Hengsakul is looking to improve his third-place finish from the previous WPT500 Los Angeles, so it is no surprise that he fought fiercely throughout his starting flight.

Day 1H Turbo began at 5 pm at the host venue. Action unfolded over 21 levels. There were 47 players to register into the event through that starting field, but there were only two of them to make it through the very end of the ordeal.

Aram Bedrosian ended the day as the chip leader with 728,000 chips in his bag and a massive advantage over the other survivor, Serj Markarian. The latter player collected 212,000 at the end of the Day 1H starting flight.

As mentioned above, the $570 buy-in WPT500 Los Angeles tournament has attracted a field of 955 entries to far. And that original field has been cut to just 48 hopefuls who will advance into Day 2 on Sunday.

Eight more starting flights are to be played as part of the event’s schedule with the last two of these slated for Saturday, August 25. Each of the next four days, today included, will feature two starting flights, one beginning at 11:30 am local time, the other at 5 pm local time. The second flight of the day would be of turbo format for heated live poker action.

The previous WPT500 Los Angeles event took place in May 2017. The Gardens Casino in Hawaiian Gardens played host to the tournament back then. There were 3,266 entrants to register to create a prize pool of $1.633 million. The top 263 players received a share of the money and it was Dong Le who emerged as the victor to claim the title and the first-place prize of $224,500. As mentioned above, the overall chip leader in the ongoing WPT500 Los Angeles, Peter Hengsakul, finished third in last year’s edition of the tournament to collect $100,000 in prize money.

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The Myanmar Public Affairs Management Committee submitted on Tuesday a bill calling for the legalization of casinos as the country is struggling to find sources of additional revenue to close a massive budget gap and is looking to boost its tourism industry.

The piece of legislation, which includes amendments to Myanmar’s existing Gambling Act from 1986, was tabled for review by Pyithu Hluttaw, the lower chamber of the nation’s legislature. If the bill survives all legislative hurdles, it would allow for the establishment of foreigner-only casinos across the country. Casino gambling is currently prohibited on the territory of Myanmar.

Local legislator U Aung Hlaing Win told news outlet The Myanmar Times that the proposed legislative piece would provide for the speedy legalization of casino gambling in the country as they have no time to craft a whole new gambling act and that the proposed amendments to the existing law would be sufficient for the creation of a casino industry.

As mentioned above, if legalized, the gambling venues would only admit foreigners. Myanmar nationals would thus not be able to gamble at the facilities. The casinos will be constructed in areas near the country’s borders so that foreign patrons would be able to reach them more easily. The country is aiming to attract visitors and players mostly from neighboring Thailand and China.

Myanmar lawmakers anticipate several important benefits from the potential legalization of casino gambling in the country. In the first place, new casinos would generate much-needed additional money for the nation’s cash-strapped coffers. Lawmakers hope that license fees and tax revenue would help Myanmar reduce its budget deficit, which is expected to reach MMK4.9 trillion this year.

The Southeast Asian nation has also been looking for ways to boost its tourism industry. Casino gambling is widely popular in the region and the legalization of that activity is expected to attract a particular group of high-spending casino players as well as additional non-gambling tourists. However, lawmakers stressed on the fact that areas around the country with rich cultural heritage will be kept gambling-free, if the Gambling Act takes effect as a law.

It is also important to note that Myanmar legislators hope that the move would result in foreign currency being poured into the country. The nation is currently experiencing a shortage of international currency which drives down the value of the Maynmar kyat.

The legislative piece was submitted to the lower chamber of the legislature on Tuesday. More details on when and how it would be discussed and voted on are to be released. However, given the massive budget deficit the nation has been struggling with and the potential for cash flow casinos could create, the bill might have quite some chance to gain enough traction.

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