BUSINESS

Gaming Industry News Weekly Recap – Stories You Might Have Missed

TAGs: weekly recap

Gaming Industry News Weekly Recap – Stories You Might Have MissedTHE AMERICAS
A New Jersey congressman vowed to introduce sweeping new federal gambling legislation; the National Indian Gaming Commission refuted a tribal operator’s claims of online gambling approval; Carl Icahn raged against legislation that would prevent him from reopening the Trump Taj Mahal casino but the New Jersey senate passed it anyway; DraftKings removed late swap on its NBA contests; this year’s Poker Hall of Fame inductees were announced while Daniel Negreanu offered his suggestions for fixing the PHOF voting process and our Rebecca Liggero had a fireside chat with Dr. Patrick Basham on the US presidential election, Brexit and Bitcoin.

EUROPE
The UK’s competition watchdog announced a probe of online gambling operators’ terms and conditions; Betsson’s revenues rebounded in Q3; the Netherlands slapped a €374k fine on the operators of an illegal betting shop; PokerStars scrapped micro-stakes games in Romania; Playtech acquired bingo technology firm ECM Systems; NetEnt profits jumped 22% in Q3; Elton Tsang collected €11m for winning the Big One For One Drop; Oshi Casino’s Nick Garner explained why Bitcoin beats fiat currencies for online gambling; Gamevy’s Helen Walton urged gaming industry innovators to be braver and faster; ZZZ Slots’ Elia Arki pondered the difference between gambling addiction and gambling passion while Becky Liggero recapped Days One, Two and Three of the Excellence in iGaming 2016 confab in Berlin as well as Days One and Two of the Berlin Affiliate Conference.

ASIA and AUSTRALIA
Crown Resorts downplayed its reliance on Chinese VIPs after admitting China has arrested 18 Crown staffers on gambling-related crimes while continuing with its plan to spin off its international and hotel businesses; SkyCity Entertainment issued a warning about its own reliance on China’s VIPs; Philippine casinos appear poised to benefit from a new tourism deal with China; Macau’s VIP gaming revenue took another dip in Q3 yet Melco Crown Entertainment sought permission to add VIP gaming to Studio City; Cambodia’s oft-delayed gaming legislation resurfaced as the government’s casino tax revenue rose one-third; gaming regulators on the island of Rota were sued for revoking a casino operator’s license and the Indian Poker Association sought court protection from Gujarat police raids.

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