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Gaming Industry News Recap – Stories you might have missed

TAGs: Covers.com, dan wilson, Macau, weekly recap

weekly-news-recap-september-17It was another busy week in the gambling industry. We take a look back at some of our most popular stories and a few you might have missed in our Gaming Industry News Recap.

The boys at Covers.com were up to their old tricks. With gamblers still feeling the pain of the BetED deposits theft, Covers.com promoted an obscure and underfunded sportsbook TopBet.com to their “where to play” list. They were quickly called out my members of the gaming media and posters in their own forum. They took the site off the list to do a faux-investigation to determine the sites solidity, to no one’s surprise they were returned to the list just a few hours later.

Astroturf poker lobby group FairplayUSA appointed two new members to their board, Former FBI director Louis Freeh and the 1st director of Homeland Security Tom Ridge.

The WikiLeaks leaked diplomatic cables have given the world an inside look at how the US Government pushes their weight around the world and gambling giant Macau is no different. We looked at the rise of Macau and the different approaches taken by Las Vegas Sands CEO Sheldon Adelson and Wynn Resorts Boss Steve Wynn.

Speaking of Wynn and Macau, Wynn Resorts gained approval for a new Casino in Macau on the Cotai Strip.

The true costs of Hurricane Irene are starting to be realized and Atlantic City gaming revenues were hit hard by the storm. The city’s 11 casinos saw a year over year decline of 19.8%. September will mark the 36th straight month of declines for the AC casinos.

While things aren’t good in New Jersey, things are picking up in Nevada. The states gaming revenue rose for the third consecutive month.

VegasInsiders.com held their annual Football Handicapping Seminar and our good friend TJ from Point-Spreads.com gave us a full report.

Unfortunately the Monaco iGaming Exchanges conference set for October was cancelled. Organizers are blaming “a frustrating economic development encountered by the online Gaming & Betting industry in Europe” for the cancellation.

Good news for privately owned online gaming operation Bet365 as they’ve continue to hold their number one sportsbook ranking at Oddschecker.com.

The German State of Schleswig-Holstein passed new online gambling regulation. The new laws are seen as much more favourable to gaming companies as compared to others put forward. PWIN shares jumped 12% on the news; they are still way off their previous highs.

In a bit of positive news for poker players in Massachusetts, Rep Dan Winslow had his online gambling amendment survive through the house vote that saw the state approve 3 resort style casinos and one slots parlour. There were 154 amendments to be voted on, most were voted down so this is a good first step. Now the bill only needs to pass the Senate and gain the signature of Governor Devel Patrick.

Professor I Nelson Rose gave us another brilliant piece called “But is it Gambling” where he explores topics such as fantasy football and Zynga Poker.

If you like to bet on entertainment props, the odds for the 63rd annual Emmy Awards are up.

If you had Miss Angola, you’re a winner.

Videos
Bracelet or Money Tatjana Pasalic asks the questions and we get the answers

Optimizing Brand Names – This video has created quite a bit of conversation

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