BUSINESS

Gaming Industry News Weekly Recap – Stories You Might Have Missed

TAGs: weekly recap

weekly-recap-may-25THE AMERICAS
New Jersey hired Malta’s former top gaming regulator to help oversee its online gambling plans; Nevada’s ‘entity betting’ legislation and California’s sports betting bill both died in committee; Visa announced it can differentiate between state-sanctioned online gambling and the other kind; Chino Rheem earned $1.1m at the WPT World Championship while David Sands earned $1m at the Super High Roller; Annie Duke issued a statement on the infamous Ultimate Bet tapes; Jason Kirk reminisced over the 10th anniversary of Chris Moneymaker’s WSOP triumph and Becky Liggero talked California online poker legislation with Pechanga.net’s Victor Rocha and the role of affiliates in a regulated US market.

EUROPE
Bwin.party turned in an abysmal Q1 report card; the Netherlands published its draft online gambling legislation; Ladbrokes warned it would be outsourcing 100 UK jobs to Israel; PokerStars took steps to protect its recreational players; the French online gambling market had a so-so start to 2013; guest contributor David Newstead analyzed the psychology of slots players; Mike O’Donnell honored UK bookies for scooping the mainstream media on Sir Alex’s exit from Manchester United; Becky Liggero discussed the UK point-of-consumption tax with attorney Peter Wilson and CalvinAyre.com celebrated the third anniversary of its launch party in Prague.

ASIA
Australia told broadcasters no more live odds promotion during sports broadcasts; the NRL walked away from its gambling partnership with Tom Waterhouse; Chinese authorities busted the ‘largest illegal soccer betting gang’ ever to operate on the mainland; hackers robbed a Macau casino of $386k; India was rocked by yet another cricket spot-fixing scandal; James Packer dumped his 10% stake in Echo Entertainment; a Japanese court ruled that betting slips are a legit business expense; Universal Entertainment said its controversial $25m payment to a consultant was ‘unnecessary’; Pagcor appealed the new 30% corporate tax on its licensees; Vince Martin warned investors to be cautious investing in South Korean gaming firms; Andrew Mosley discussed high stakes poker cash games in Macau and Angelia Ong was all over the G2E Asia.

Comments

views and opinions expressed are those of the author and do not necessarily reflect those of CalvinAyre.com