BUSINESS

Gaming Industry News Weekly Recap – Stories You Might Have Missed

TAGs: weekly recap

Business

Gaming Industry News Weekly Recap Stories You Might Have Missed, October 6thVince Martin reviews the 3rd quarter for some of the biggest gambling stocks on the market. Mike O’Donnell explores the world on online subscription lottery services and looks at why they are facing less resistance that traditional online gambling. It’s been a bad week for Zynga as the bottom fell out of their share price, closing down 22% at $2.19.

We’re hearing rumours from reliable industry sources that PAGCOR will begin offering online gambling licences in the Philippines. Making them the second such group to licence and regulate online gambling in the country. As they consider a bid from William Hill and GVC Holdings, Sportingbet praises their Australian sports betting market, which has increased 82%; offsetting declines in Europe.

Poker

The long ordeal is over as the orphaned Ongame poker network has finally found a buyer. Amaya agreed to purchase Ongame this week. Tatjana sits down with Jack Effel to talk about the WSOPTexans are urging Joe Barton to give up his dreams of nationally regulated online poker.

If you want more Tatjana and the WSOP Europe check out the complete daily summaries. WSOPE – Daily Summaries 1, 2, 3, 4, Final Day.

Casino

Mike O’Donnell looks at the importance of free play casinos as companies ramp up for the inevitable day when internet gambling is regulated in the US. Macau’s growth is back into the double digits and Kazuo Okada has failed in his bid to reinstate his voting rights as Wynn Resorts largest shareholder.

The Washington Redskins are backing the passage of Maryland’s expanded gambling bill. The NFL is supportive of the Redskins support with one caveat.

Sports

In Canada, a bettors with a provincial lottery won $725,000 with a little help from the infamous touchdown-interception. The three footballers, Manchester United and Doncaster Rovers midfielder Mark Wilson, Ipswich striker Michael Chopra, and Nottingham Forest midfielder James Coppinger, are in trouble after allegedly offering bribes to manipulate horse races.

We made it to episode 5 of Off the Board, this week we talked to Tom Grassi from VegasExperts.com.


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