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Gaming Industry News Weekly Recap – Stories You Might Have Missed

TAGs: weekly recap

weekly-news-recap-december-17

Denmark announces first batch of licensees
Denmark officially enters a new ‘orderly’ online gambling era on Jan. 1, 2012, and the government has unveiled the honor roll of companies to whom it has granted the first new licenses.

German states agree on treaty, operators agree that it sucks
The 15 German states that aren’t Schleswig-Holstein signed off on their new gambling treaty to near-universal derision from operators.

Sheldon Adelson says US online poker isn’t worth his while
The curmudgeonly Las Vegas Sands chairman stops counting his filthy Asian lucre long enough to question whether a regulated US online poker system would really generate enough revenue to benefit all the casino companies looking for a taste.

Full Tilt shareholders agree to forfeit assets
A majority of FTP owners voted to cut their losses and surrender the troubled poker company’s assets to the US Department of Justice, who will then sell them to Groupe Bernard Tapie, who will then try very hard to get a Spanish online poker license.

What’s in a name? Morris Mohawk’s Bovada rollout prompts theories
Bovada is the new handle of the Morris Mohawk Gaming Group’s US-facing operation. What’s a Bovada, you ask? The answer may be nonsensical.

New Jersey pols give sports betting thumbs up, but not online
Both of New Jersey’s legislative houses approved sports betting bills, which will be formally approved Jan. 9. But they had to ditch the online and mobile options in order to guarantee Gov. Christie’s signature.

Hong Kong Jockey Club saddles up for offshore move
Despite HKJC CEO Winfried Engelbrecht-Bresges’ traditional antipathy towards offshore betting operations, he may be moving his own operations offshore if the local authorities won’t allow him to comingle his massive pools with international racing outfits.

Microgaming puts Virgin Casino on mobile platforms
Virgin Games chooses Microgaming’s Quickfire platform to help deliver Virgin Casino games to mobile devices.

The Magic 8-Ball’s outlook for US online poker regulation in 2012
CalvinAyre.com contributor Jason Kirk delivers lumps of coal and/or reality to the stockings of US online poker players hoping to see federal legislation pass in 2012.

Unibet returns to France, ditches Spain
No sooner had Nordic operator Unibet announced their return to France than they announced their decision to bid hasta la vista to Spain.

Result! Betfair H1 results impress; bwin.party performing as expected
While it’s been a naff year for Betfair’s stock price, the betting exchange’s core revenues are moving nicely upward. All the more reason for outgoing CEO David Yu to outgo sooner than expected? Meanwhile, bwin.party issued a trading update that says all is well, although the sale of ‘surplus asset’ poker network Ongame won’t get done in 2011 after all.

VIDEO PICK
Rebecca Liggero picks the brains of Gran Via Online’s Manuel de la Marta and ConvertFusion’s Soufienne Fahdy for insignts into the challenges of effectively marketing to Spanish and Latin American gaming jurisdictions.

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