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Gaming Industry News Weekly Recap – Stories You Might Have Missed

TAGs: weekly recap

weekly-news-recap-nov-5Bwin.party announces ‘anticipatory’ US online poker deal
It’s contingent on (a) US online poker legislation passing, and (b) US authorities performing a furtive inspection up Norbert Teufelberger’s backside for contraband, but the three-way deal between Pwin, MGM Resorts and Boyd Gaming gave Pwin stock a badly needed bump.

Groupe Bernard Tapie reaches deal with DoJ to acquire Full Tilt Poker
It’s also very tentative, but GBT has reportedly worked out an acceptable framework with the US Dept. of Justice for GBT to assume control of FTP and return US players’ bankrolls. Laurent Tapie expects a finalized deal within two weeks.

DoJ files legal response to Campos/Elie motion
On the same day banking regulators assumed control of troubled SunFirst Bank, the DoJ filed its response to the motion to dismiss Black Friday-related charges against SunFirst’s former vice-chairman John Campos and mustachioed payment processor Chad Elie.

William Hill leaves Probability at the altar
Hills broke a lot of analysts’ hearts when it announced it “does not intend to make an offer” for mobility specialists Probability. Clearly in a mood to burnish its singleton status, Hills then officially severed its remaining ties to the Emerald Isle.

Macau sets new monthly revenue record, on track for record year
October brought Macau its sixth monthly gaming revenue record of 2011, and the year to date numbers are up 54% over 2010. Shut out of Macau’s money-minting madness, Caesars Entertainment is pushing hard to get into Japan instead.

Italian gaming regulator orders banks to play Grande Fratello
Big Brother is alive and well in Italy. Despite the country’s economy teetering on the brink of collapse, Italian gaming regulator AAMS will now require financial institutions to report all transactions with blackshirted, er, blacklisted online gaming outfits.

Lawyers survey European online gambling legal landscape, pronounce it fucked
CalvinAyre.com’s Mike O’Donnell sits down with a couple of legal eagles to get a sense of what the future holds for pan-European online gaming legislation.

Online gambling sites fastest growing in September
While online data measuring service ComScore credited the seasonal return of the NFL for the dramatic rise in US traffic to online gambling sites, that doesn’t explain why PokerStars saw similar stateside benefits – unless it was because Stars had yet to crack down those US players using Virtual Private Networks to access the forbidden paradise.

Huzzah! We can all forget about the UK horseracing levy for another year
Seriously, is anyone unhappy over the news that the annual mutual whinge-fest by bookies and the British Horseracing Authority can safely be ignored for another 12 months?

Hey, US poker players… IMEGA director thinks you suck
IMEGA director Joe Brennan Jr. didn’t mince words in his editorial slamming US poker players for their role in bringing about the Black Friday indictments.

More Q3 results than you could possibly care about
888 Holdings, Perform Group, Unibet, Scientific Games, Fortuna, MGM Resorts, Betsson and Lottomatica.

VIDEO PICK
A new month brings a new slate of events and happenings that you don’t want to miss. Fortunately, our own Rebecca Liggero is on hand to help you fill out your dance card.

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