BUSINESS

Gaming Industry News Weekly Recap – Stories You Might Have Missed

TAGs: weekly recap

weekly-recap-july-27THE AMERICAS
Zynga finally confessed it had no shot at becoming a gambling company; a mystery Asian investor fronted $330m to either buy or build an Atlantic City casino for a UK online gambling company; not long after New Jersey’s top gambling regulator said companies wishing to play in his state “should be preparing,” PokerStars challenged the Commonwealth of Kentucky’s claim to its .com domain; social gaming boosted IGT’s profit margins; a Hollywood producer pleaded guilty for his illegal California sportsbook while ‘poker madam’ Molly Bloom prepped a tell-all book on her celebrity poker pimping; tribal gaming revenue hit a new record in 2012; Station Casinos joined the Nevada mobile sports wagering party; Ultimate Poker braced for criticism after announcing a ‘winner take all’ rake method; Sportech boosted its US presence via a deal with Penn National Gaming; Full Tilt Poker’s former US players learned their reimbursements aren’t coming anytime soon; Facebook announced it had tamed the mobile shrew and Vince Martin crunched the numbers behind the Caesars Entertainment spin-off of its interactive division.

EUROPE
The first fruit of the Playtech/Ladbrokes relationship brought some Vegas to Lads’ online site; Svenska Spel’s CEO said he’s under siege (still) by nefarious unlicensed operators; Mike O’Donnell examined the growing ranks of mobile-specific operators; the addition of a new royal sprog did damage to UK bookies while David Cameron suggested other UK kids learn about porn the old fashioned way; PKR decided to retroactively alter its affiliate program; Bodog re-upped with Scottish 1st Division side Ayr United; Becky Liggero checked out the Bitcoin online poker community and Tatjana Pasalic pro-filed the UK’s Sam Trickett.

ASIA
Profit at Las Vegas Sands’ Asian operations more than doubled in Q1; a squabble over Sands’ Macau sub-concession prompted the government to post the casino contracts online; Universal Entertainment copped to having altered documents relating to its Philippine bribery allegations; Bet247 sued Tom Waterhouse for not sharing profits of former SportsAlive customers; Japanese election results smoothed the path for new casino legislation; Vietnam’s first integrated resort-casino finally opened its doors; LT Game announced it would appeal SHFL’s recent patent victory; Genting said it wanted a bigger slice of Echo Entertainment and Steve Jacobs accused Sheldon Adelson of considering himself above the law.

Comments

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