BUSINESS

Gaming Industry News Weekly Recap – Stories You Might Have Missed

TAGs: weekly recap

may-16-new-weekly-recapTHE AMERICAS
Amaya Gaming said its new casino and sportsbook verticals would account for 13% of 2015 revenue; Minnesota legislators killed their state lottery’s online operations; a bad month for Caesars Interactive shook up New Jersey’s online gambling revenue chart; New York’s new/old online poker bill scrapped its bad actor clause; DraftKings inked an exclusive deal with NASCAR but Bill Beatty warned that daily fantasy sports could face the same fate as online poker; federal prosecutors hit Paul Phua with a fresh conspiracy charge; Intertain forecast an eightfold revenue increase in 2015; sportsbooks revised betting lines following Tom Brady’s four-game ‘deflategate’ suspension; Caesars Entertainment faces a $20m fine for anti-money-laundering-lapses; Baha Mar’s developers denied rumors of a Genting buyout; high school athletes were found to be more prone to problem gambling behavior and a couple human poker players narrowly edged out artificial intelligence in a battle of wits.

EUROPE
GVC Holdings confirmed it had made a reverse takeover bid for Bwin.party; Paddy Power brushed off punter-friendly results and welcomed a new chairman; the Belgian Gaming Commission fined 79 gamblers for patronizing BetClic; Russia detailed new requirements for online sports betting operators; a German court ruling spelled doom for federal online sports betting licensing; 666Bet gave customers a May 24 deadline for withdrawal requests; live dealer specialists Evolution Gaming posted a new quarterly revenue record; William Hill unveiled the prototype of a virtual reality betting app; Ladbrokes inked a £2m sponsorship with Scottish football while Ayr United inked up Emma Glover; the UK Gambling Commission said online operators must fund a nationwide self-exclusion scheme; Full Tilt launched in Demnark and Latitude’s Lloyd Cooke offered case studies on achieving international SEO success.

ASIA
Macau’s chief executive expressed optimism over the gaming industry’s future but analysts warned that the revenue slump could be structural; Resorts World Sentosa’s VIP bad debts rose nearly one-third; Vietnam launched its trial of 59 individuals connected with M88.com; the Philippines fined Tiger Resorts $2.2m over casino project delays; South Korea’s Jeju island announced plans to boost taxes on its eight casinos; GigaMedia unveiled its new customizable ClubOne social casino platform; Tabcorp took a very public potshot at Tatts’ new UBET betting brand; Bloomberry Resorts posted a net loss despite double-digit gains at Solaire; lottery technology firm AGTech narrowed its losses in Q1; Echo Entertainment accused Crown Sydney’s building modifications of being legally flawed and Rebecca Liggero offered her top-five sessions to attend at G2E Asia 2015.

Comments

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