BUSINESS

Gaming Industry News Weekly Recap – Stories You Might Have Missed

TAGs: weekly recap

march-21-new-weekly-recapTHE AMERICAS
Caesars Entertainment publicly expressed concern over its “ability to continue as a going concern:” Bwin.party said it had made a land-based partner in Pennsylvania; the Restoration of America’s Wire Act hearing was rescheduled (again); George Orwell and Dr. Seuss got mentions at New Jersey’s sports betting court fight; the Borgata’s free-throw tourney proved a hit; Adam Meyer pled insanity to his extortion and weapons charges; legal issues caused the demise of Warren Buffett’s $1b March Madness bracket challenge; Nathan Associates’ Alan Meister dished on his Indian Gaming Industry Report and Koolbit CEO Gerrard Cunningham celebrated GiGse’s moves towards the ‘unconference’ format.

EUROPE
The UK Gambling Commission suspended the licenses of 666bet and MetroPlay; World Betting Exchange shut down due to increased regulatory costs in the UK; the UK gov’t told betting operators to brace for a new Horserace Betting Right; Ladbrokes promoted Jim Mullen to CEO; Bwin.party launched Manchester United’s first real-money online casino; London’s Park Lane Casino offered high-rollers a light; Italian online sports betting nearly doubled; SafeCharge GM Shemer Ktaz offered tips on crafting payment strategies; Rafi Farber expressed concern over where Net Ent’s money might be stashed while Lee Davy quizzed Jason Somerville about reinventing the sponsorship game and revealed why Microgaming’s Alsx Scott is one person you’ll never ask ‘why so serious.’

ASIA
Kazuo Okada said Philippine and Japanese bribery investigations had been closed but other investigations are still very much open; Bloomberry Resorts turned a profit in 2014 and bought a South Korean island; Galaxy Entertainment handled Macau’s downturn better than most; South Korea’s gambling revenue grew for the ninth straight year; proxy betting is all the rage in Manila casinos; gambling was down on Genting Hong Kong’s floating casinos; Nepal agreed to amend its gambling laws after casinos complained; PokerStars inked Japanese ‘it’ girl Yuiko Matsukawa; Macau busted another prostitution ring; BetEasy officially rebranded as CrownBet; City of Dreams Manila will host the next major One Championship fight; a new Australian study says gambling marketing should use more hot men and Angelia Ong brought her video crew to Days One, Two and Three of the iGaming Asia Congress 2015.

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