BUSINESS

Gaming Industry News Weekly Recap – Stories You Might Have Missed

TAGs: weekly recap

march-26-new-weekly-recapTHE AMERICAS
Quebec’s securities regulator filed insider trading charges against Amaya Gaming CEO David Baazov over illegal trades in seven companies; DraftKings and FanDuel reached a deal to exit the New York market and Yahoo followed them to the exits the following day; Pinnacle Sports won control of the Pinnacle.com domain; New York politicians included online poker language in their new budget proposal; Baha Mar’s receivers officially began looking for a buyer for the stalled $3.5b casino project and gaming law attorney Cory Levi pondered the wisdom of Quebec’s proposal to IP-block online gambling sites it doesn’t like.

EUROPE
William Hill issued a profit warning after 3k online customers opted for self-exclusion in the first two months of 2016; betting firms’ spending nearly tripled on European football league shirt sponsorships in one year; Russia’s bookmakers struggled to adapt to the country’s new licensing and payments regime; Sporting Index branched out with a new online casino; Oddschecker’s Andy Lulham revealed ways to survive the cutthroat affiliate marketing sector; The Mobile House’s Richard Downey claimed TV advertising campaigns were no longer just for gambling’s major players; OpenBet’s Peter James explained why real-time data was just the ticket for a better user experience and David Vamplew took issue with PokerStars attempting to disguise the impact of its new rake increases.

ASIA
The ongoing money laundering scandal in the Philippines had officials looking to press charges against junket operators and politicians calling for spending caps at casinos; Chinese authorities broke up an online gambling fraud ring that used Macau casino trademarks; Malaysia announced it would seek “preventative and punitive” penalties for online gambling operators while blocking 399 illegal sites in the first two months of 2015; the Jimei Group announced a resort project in Cambodia’s Sihanoukville region while a Malaysian firm said it wanted to turn Sihanoukville into Macau; Tigre de Cristal’s operators said Chinese people are cold weather pussies; the regulatory probe of Tabcorp’s dealings in Cambodia caused the head of the Australian bourse to step down; Las Vegas Sands attempted to bribe South Korean pols with promises of a $10b casino while Lippo Entertainment said it wanted out of its South Korean casino JV with Caesars Entertainment; South Korea shut down a stock-price online gambling site and Stephanie Raquel and her trusty camera crew brought coverage of Days One, Two and Three of the iGaming Asia Congress 2016 as well as the Asia Gaming Networking Socials.

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