It has been a rather tumultuous time at Caesars Entertainment of late, as the company has been making a number of deals, including selling some of their most well-known and recognized properties.However, they have also added new partners, and that was the case on Sunday when it was announced that they had reached a deal with Japanese arcade game giant Taito to host an esports event.The new deal calls for a competition to occur at the Rio All-Suite Hotel & Casino in Las Vegas in August.The event will be called the Toushinsai, and has been held in Japan every year since 2015.In the last two years that the event has been hosted, over 6000 players from across the globe have participated.That number is expected to be dwarfed by how many are attracted to Las Vegas.
Online gambling operator and technology supplier Gaming Innovation Group (GiG) announced Monday that it has been authorized to enter the Spanish online gambling market.The company has been granted two licenses by the local gambling regulator – Dirección General de Ordenación del Juego (DGOJ) – that would permit it to provide online sports betting and casino gaming products in the Spanish market.GiG said that it would enter the local gambling space with its flagship Rizk brand.The recently obtained licenses also certify the online gambling group’s proprietary gaming platform and sportsbook and enable it to sell these to third-party licensed operators.GiG said in a press release issued on Monday that it expects to launch its operations in the Spanish market sometime in the fourth quarter of the year and to scale them up in the first quarter of 2020.Commenting on their upcoming entry into the Spanish betting and gaming space, GiG CEO Robin Reed said:
At the beginning of last month, law enforcement officials busted an illegal gambling ring operating in Los Angeles, California.35 individuals were arrested with charges ranging from illegal gambling, illegal firearm sales, illegal drug possession and more, and law enforcement officials said that they were getting serious about breaking up illegal gambling operations.Now, LA’s brethren in blue in Kern County have busted another operation, this one in South Bakersfield.Consistent with the previous raid, police uncovered both illegal gambling and illegal firearms.The hidden gambling parlor was home to an eight-person fish table gaming console and six computers used for illegal gambling.Police also found four illegal guns – two of which had previously been reported stolen – and 3,000 rounds of ammunition.
PokerStars, the flagship brand of online gambling giant The Stars Group, is looking for ways to continue to operate in the Swiss gambling market after its reorganization.Switzerland’s new Money Gaming Act took effect on January 1, 2019, paving the way for the nation’s 21 land-based casinos to operate online casino games and betting for the very first time ever.Under the provisions of the new law, starting today, July 1, the local gambling regulator – Eidgenössische Spielbankenkommission (ESBK), can order Swiss Internet service providers to block unlicensed online gambling operations.Foreign gambling operators can provide their products in the newly reorganized gaming space through partnerships with the 21 brick-and-mortar establishments.If they have not formed such partnerships, they risk having their domains blacklisted and blocked.PokerStars has not forged a partnership with any of Switzerland’s land-based casinos, but the operator has showed indications that it is still interested in the local market.
June brought some signs that much needed relief could be on its way for Macau.The administrative region’s Gaming Inspection and Coordination Bureau (DICJ) reported a 5.9% increase of gross gaming revenue (GGR) for the month of June, giving Macau two straight months of year on year growth.In total, June GGR came in at MOP23.81 billion ($2.96 billion).That number gave Macau its third month of year-on-year growth, and brought the year to date total to MOP149.5 billion ($18.55 billion), down just 0.5% year on year from the first half of 2019.June’s numbers exceeded expectations of Sanford C. Bernstein, GGRAsia notes, who noted a 5% decline in daily revenue for the majority of the month.The last week seemed to bring in a much healthier GGR that saved the month.
Spelinspektionen has fined eight more online gambling operators for Swedish gambling law compliance failures, the regulator said today in a statement issued on its website.The eight penalized operators were imposed fines of different sizes, depending on the scope of their violations, and were warned by Spelinspektionen that they would face further regulatory action if they run foul of the agency in future.Spelinspektionen said in its statement from earlier today that betting on sporting events where a predominant number of players are under the age of 18, such as U19 and U21 league fixtures, is strictly prohibited as the practice presents “direct danger to minors being exposed” to match-fixing.And the manipulation of sporting results is bad for Sweden’s gambling industry, the regulatory body further pointed out.The Latest Batch of Errant OperatorsSpelinspektionen revealed that after conducting a review of the operations of eight of its licensees, it has discovered that all of them have offered gambling on sporting events which featured a majority of players under the age of 18 on multiple occasions.
integrated resort, Japan, mohegan gaming & entertainment Mohegan Gaming & Entertainment held a press event last Friday in order to lay out its vision for an integrated resort (IR) in Japan.It has its eyes set on Tomakomai in Hokkaido, the country’s northernmost prefecture, and is ready to do whatever is necessary to make its dream of operating one of the first three IRs in the country come true.If Mohegan is successful in its bid to put a resort in Tomakomai, it is prepared to spend between $3.5 and $4.5 billion to make it happen, according to Nippon news outlet.The venue, which the company asserts would need to employ between 5,000 and 7,000 workers, would include a museum to celebrate both the Mohegan Tribe, a recognized tribe in Connecticut, as well as the Ainu people, an indigenous Japanese tribe.The company adds that, in addition to the casino, there would be three hotel buildings, an arena, a conference center and areas for cross-country skiing, farming and horseback riding.
TAGs: bonus, Macau, SJM, WynnWhile a labor group in Macau pushes for an obligatory summer bonus, two casino operators in the city have announced that their employees will be receiving a little extra in their pay over the next couple of months.Both Wynn Macau Ltd. and SJM Holdings Ltd. have acknowledged that they will issue bonuses to eligible employees in addition to the bonuses that are typically provided each December.An internal memo, in Chinese, began circulation around social media groups and appeared to acknowledge the SJM bonus, which the company is calling a “summer living subsidy.” GGRAsia was later able to confirm through email with SJM that the memo was legitimate and the company confirmed that the bonus will be offered on July 4.That email read, in part, “The summer living subsidy from Sociedade de Jogos de Macau, SA, which is the second of two equal instalments of the living subsidy for 2019, will be released to eligible employees on 4 July 2019.”Wynn Macau will take a little longer to get the additional funds distributed.
Perhaps at seeing the potential for new revenue streams that have cropped up in other states, Nebraska might actually be warming up to the idea of offering commercial casinos.There is talk of allowing state voters to decide the industry’s fate when they take to the polls in November 2020, a move that would be necessary if anything other than tribal casinos are to be allowed within state borders, Fox Business reported.If the voters say yes, Nebraska will join 25 other states that allow some type of commercial gambling.The bottom line is, people are going to gamble—it won’t be stopped.So, a state has a choice.It can either embrace the activity and capitalize on the revenue or allow its residents to either cross state lines to gamble or turn to the black market, which offers zero protection.
The USA has just welcomed the latest game provider that is looking to conquer its lucrative iGaming space.Vegas Crest Casino, a US-friendly online casino, announced last week that it has rolled out gaming content by online gaming provider Booongo.Its desktop version went live in 2014 followed by a mobile casino launch in 2015.Vista Gaming, the owner of the online gaming operation, announced last week that Vegas Crest Casino has added another selection of gaming titles to its existing offering of more than 1,000 games by some of the industry’s most prominent suppliers.Under the collaboration between Vegas Crest Casino and Booongo, the former has been able to roll out more than 40 mobile and desktop games developed by the gaming studio.Booongo’s games are exclusively offered by Vegas Crest Casino in the US gambling market.
Mohegan Gaming & Entertainment, the casino operator of the Mohegan Tribe, revealed details about its Japan expansion vision this past Friday.During a press event, the company’s CEO, Mario Kontomerkos, discussed their plans for entering the nascent Japanese casino market.The gaming and hospitality operator eyes the City of Tomakomai in Hokkaido as the potential host of its property.The Japanese government is set to issue three licenses for the development of casino resorts around the country.Mr. Kontomerkos said Friday that his company plans to build an integrated resort with three hotel towers, a conference hall, and an arena, should they win one of the three licenses up for grabs.The Mohegan resort will be located in a forested area of Tomakomai and will feature different facilities for guests to enjoy horse riding and cross-country skiing, and farming, among other outdoor activities.
Video Poker belongs to the small number of casino games, where thousands of players manage not just to make a living playing it, but to end up in possession of tremendous amounts of money.At the same time, tens of thousands of players around the world are in possession of sufficient knowledge of the game, so that they are able to have an astonishing experience during casino vacations, while also being able to take advantage of other benefits – and all that at a much lesser price than retail.Unlike slots, video poker is game, which requires skill.It is a series of correct playing decisions that can lead you to a higher-ranking hand and a larger payout, respectively.In the current guide we begin with a comparison between video poker and table poker.We will also show you the main basics of the video poker game.
iSoftBet has become the latest online casino content provider to boast early entry into the Swiss online gambling market.The company announced Friday that it is gearing up preparations for the launch of its titles in the newly reorganized space from July 1. iSoftBet said that it would supply the locally authorized casino brands with more than 70 of its best-performing in-house slots.Titles such as iSoftBet’s recently rolled-out Book of Immortals, Lucky Stripes, Hot Spin, and Jumbo Stampede as well as older releases will all become available to Switzerland-facing operators and their gambling customers.Switzerland will be the 16th regulated market iSoftBet will enter and will provide its content and Gaming Aggregation Platform (GAP) in.Prior to its certification by Swiss authorities, the supplier has been authorized to offer its products in the UK, Italy, Belgium, Spain, Portugal, Lithuania, Latvia, and Estonia, among others.
Ron DeSantis vetoed on Friday a bill that would have required the Florida Lottery to place warnings about the addictive nature of gambling on lottery tickets and advertising materials.Rick Scott vetoed a similar piece two years ago.DeSantis said Friday that his decision to reject the effort was prompted by concerns over the impact slapping warning messages would have on money the Florida Lottery contributes for education.Sponsored by Rep. Will Robinson, House Bill 629 would have required certain messages to be prominently displayed on the front of all lottery tickets sold in the state.The messages would have read: “Warning Lottery games may be addictive” or “Play responsibly.” The same warnings would have been required to be put on all lottery ads and promotions.Florida’s top official said in a letter accompanying his veto that “as governor, one of my key priorities is making higher education affordable for Florida families.” He added that the bill would reduce the state Lottery’s “ability to continue maximize revenues for education and negatively impact Florida students.”
Online gambling company Aspire Global Plc today announced that it has agreed to acquire GMS Entertainment Limited, the owner of online casino content developer and suppler Pariplay, in a €13.1 million cash deal.Aspire Global said that the transaction would enable it to “control yet another crucial part of the iGaming value chain.”The deal is subject to regulatory approval and is expected to close during the third quarter of the year.The transaction is not likely to have any material effect on the enlarged group’s financial results.Positive effect on Aspire Global’s EBITDA is expected as of 2020.With the acquisition of Pariplay, Aspire Global will be able to strengthen its B2B business through external game sales.
Sports betting and daily fantasy sports operator DraftKings is in advanced talks to buy betting technology company SBTech, Legal Sports Report reported citing multiple sources familiar with the ongoing talks.Details about a potential deal between DraftKings and SBTech, including the purchase price and its timing, are still unknown.The sports betting operator potentially buying the tech firm would give it its own in-house sports betting and casino gaming platform as DraftKings is looking to expand into states where its products are legal.At present, the company works with sports betting platform provider Kambi for its betting and gaming operation in New Jersey.DraftKings entered the state’s gambling market last year through a partnership with Atlantic City’s Resorts Casino Hotel.DraftKings’s betting operation quickly gained momentum in the state’s market, making the company the second best performing wagering operator in New Jersey, behind its DFS archrival FanDuel.
Owners announced Thursday night that SLS will be rebranded as Sahara, the name under which it opened doors more than six decades ago and under which it operated until 2011.The announcement about the property’s upcoming rebrand was made after a fireworks and drone light show above the hotel and casino resort’s outdoor pool area on Thursday night.There have been speculations that businessman Alex Meruelo would bring the old Sahara name in one way or another since his Meruelo Group took over the legendary property last year.Many believed that the hotel and casino resort would be rebranded as Grand Sahara Resort to match Mr. Meruelo’s Grand Sierra Resort in Reno, Nevada.Commenting on Thursday’s announcement SLS General Manager Paul Hobson said that renaming the Las Vegas Strip resort was “one of the first conversations we had.” Mr. Hobson went on that they found Sahara a very appealing option and that “Sahara, without any modifiers, was powerful.”The Meruelo Group is investing $150 million into a major renovation project at the property that Mr. Meruelo has said will take between two and three years to complete.
Remember the Ali Baba and the Forty Thieves folk tale?Slot aficionados can now be part of the story, explore the thieves’ cave and all its hidden treasures, and embark on a life-saving adventure with the brave and clever slave-girl Morgiana.Online gaming provider Red Rake Gaming debuted on Thursday The Adventures of Ali Baba – the latest slot in its ever-growing collection.The 6×6 reel, 50 win line video slot is now available with multiple operators and across multiple markets.The Adventures of Ali Baba revives the old-time folk tale of the poor but kind-hearted Ali Baba who happens to find a secret cave where a group of forty thieves is stacking up its stolen gold.The game invites players to join Ali Baba in his adventures and capture the forty thieves’ treasure.
TAGs: renovation, SLS Las Vegas Hotel and Casino, The SaharaSLS Las Vegas has already promised change this year, but who could have guessed that they’d opt for the old and familiar.A June 27 announcement by the casino indicated that it will change it’s name back to The Sahara, the name the property previously had between 1952 and 2011.The Las Vegas Sun reports the announcement was made after a fireworks and drone display above the pool area.SLS’s general manager Paul Hobson told the media that this isn’t an attempt to return to a past glory:“I drive to work every morning on Sahara Avenue.
Australian bank Macquarie has announced plans to ban gambling- and lottery-related transactions on its credit cards, the Australian Financial Review reports.Under those, any transactions that are classified as gambling under the merchant codes will be blocked when a card holder tries to conduct them.Macquarie’s moves comes amid growing regulatory pressure within Australia’s gambling space and as stats show that Australians are among the world’s biggest gamblers.In addition, concerns have been raised that the portion of the nation’s population that its struggling with gambling-related problems has easy access to credit.According to the 2017 edition of the Household, Income and Labour Dynamics in Australia (Hilda) survey, nearly 200,000 people in the nation struggled with problem gambling.And according to gambling analyst H2 Gambling Capital’s 2017 rankings, Australia had the greatest gambling loss per head in the world, with a 24.7% gap between the country and second-placed Hong Kong.