BUSINESS

Gaming Industry News Weekly Recap – Stories You Might Have Missed

TAGs: weekly recap

august-23-new-weekly-recapTHE AMERICAS
Atlantic City casinos defied logic (and God) by boosting profits in Q2 but leave it to Revel to find new ways to lose money; Denver’s upper crust paced nervously after their bookie was busted; New Jersey and Nevada linked progressive slot machine jackpots; PayPal took another step toward its return to the US online gambling market; Utah braced for the launch of America’s first pachinko parlor; the Queens County DA dropped charges against another Pinnacle Sports defendant; former BCLC CEO Michael Graydon finally returned his ill-gotten gains; PokerStars warned American players that VPN use was NFG; poker pros gave Tatjana Pasalic their choices for the Poker Hall of Fame while popular candidate Daniel Negreanu took tournament officials to task for acting like they were drunk with power.

EUROPE & MIDDLE EAST
Gibraltar officially filed its legal challenge of the UK’s new online gambling regime; Gala Coral officially put its retail bingo division on the market; customer acquisition ‘liked’ social media marketing; Ladbrokes gave its CEO another seven-figure bonus despite slumping profits; Bwin.party killed off its GetMinted brand; William Hill added more Premier League betting partners; an Israeli bomb shelter was converted into an illegal casino and marijuana grow-op; Italy’s Serie B struggled to hold on to league sponsor Eurobet; Betsafe inked November Niner Felix Stephensen while 888Poker inked Bruno Foster Politano ; actor Van Blackwood told Rebecca Liggero how he bagged the role of 666Bet pitchman while Lee Davy offered his view on why the EPT Barcelona proved that the future poker was in good hands.

ASIA
Comments by a prominent politician cast doubts on Genting’s South Korea’s casino project; Crown Resorts was accused of running a secret bank for domestic VIPs just days after Crown Melbourne wrung significant concessions from the state of Victoria; Japan claimed 5% of its population was addicted to gambling while China’s military claimed gambling was reducing its combat readiness; Galaxy Entertainment set more revenue and profit records; Tatts Group annual profit slipped thanks to Victoria’s inability to count; Vietnamese authorities asked banks for more help in battling online gambling while a Vietnamese casino cheat went nuclear and Australia’s competition watchdog dropped its opposition to Tony Fung’s Queensland casino plans.

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