BUSINESS

Gaming Industry News Weekly Recap – Stories You Might Have Missed

TAGs: weekly recap

MAY-2-new-weekly-recapTHE AMERICAS
California made history after an Assembly committee approved an online poker bill; 888 Holdings inked an online gambling deal with Pennsylvania’s Mount Airy casino; Penn National Gaming bought the Tropicana Las Vegas; Nevada prosecutors issued an arrest warrant for SealswithClubs’ Bryan Micon; former Legends Sports CEO Luke King was found guilty of illegal sports betting; Amaya Gaming was rumored to be acquiring daily fantasy sports operator DraftDay; Kansas’ attorney general said fantasy sports weren’t illegal; social gaming was Churchill Downs Inc’s top money-maker in Q1; the Borgata’s online gambling operation posted its third consecutive quarterly profit; Nevada sportsbooks got a boost from March Madness; Sheldon Adelson said he despises his overseas executives; Jim Murren said MGM Resorts would survive an online gambling ban; a new study said problem gamblers see patterns where none exist; poker players did battle with artificial intelligence; Rafi Farber explained the deviousness of Caesars Entertainment’s shell game and Becky Liggero offered her top-five takeaways from the IGNA and GiGse 2015 events.

EUROPE
It took over a month, but 666Bet customers reported receiving payouts; Playtech’s Q1 revenue jumped nearly one-third, Net Entertainment’s Q1 profits jumped 61% and Unibet’s profits fell one-third; PokerStars retroactively altered its affiliate agreements and launched an appeal for Nepal earthquake relief; Portugal started the 60-day countdown to its new online gambling regime; the UK’s advertising watchdog admitted that gambling can be “a positive experience;” GoCoin’s Eric Benz explained why the Isle of Man rocks for Bitcoin-based businesses and Casino Kings’ Nathan Howles discussed the secrets of marketing a mobile casino.

ASIA
Steve Wynn warned that Macau would face street protests if the revenue situation didn’t improve; William Hill found an ingenious workaround to Australia’s ban on online in-play betting; Tabcorp launched an eSports betting platform with Unikrn; Resorts World Sentosa tightened its credit policy as bad debts soared; Tatts Group officially launched its new UBET betting brand; PAGCOR’s Q1 revenue fell on competition from Entertainment City casinos; Japanese lawmakers decided to give casino legislation one more try and Criz Hombrebueno revealed what’s new at G2E Asia 2015.

Comments

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