You have chosen the wrong path if it's not fun. And you are probably not taking enough risk if it's not hard and rocky sometimes.
--Marc Benioff, CEO of Salesforce |
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3rd May 2017 |
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Footing a bill for nothing |
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The Story |
GamblingCompliance scribe Chris Krafcik tweeted that the Pennsylvania state Senate’s Community, Economic & Recreational Development (CERD) committee for sponsoring a poison pill for the state’s iGaming industry. |
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That’s a shocker. What did Chris find? |
Krafcik received intel from sources that the Senate CERD plans to render Category 3 casinos ineligible for online licensing; propose a bifurcated online licensing regime (one for poker-only sites, the other covering casino games); and milk the operators dry by requiring them to $5m for each of the available 10 licenses for each type. |
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You know what sounds like CERD? |
Turd, man. Crap. Just like what CERD proposes. Hold my beer because CERD is also proposing tax rates, which are 16% for the poker-only sites and 54% for casino sites. The proposal mirrors the current disparity on the state’s brick and-mortar slots operators and land-based gaming tables. |
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Takeaway? |
Pennsylvania politicians are forcing iGaming industry players to pop a poison pill through the sham online gambling bill. And expect stakeholders to not take this lightly. |
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CA Rundown May 3 |
In this episode of the CalvinAyre.com Rundown, Stephanie Raquel brings you the top industry news and the latest on PAGCOR accreditation, cease operation in Norway and BGO Ent fined. |
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OEG’s Polish exit hits profits; Casinos Poland’s Warsaw move |
Profits of eastern European casino operator Olympic Entertainment Group (OEG) went flat for the first quarter after it closed shop in Poland. |
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Okada Manila eyes Philippine backdoor listing |
Traders are speculating that Okada is on the watch for a Philippine listed company to acquire so it can join the country’s stock exchange. |
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Florida gambling legislation hopes “dead” for another year |
Retirees are not the only ones that go to Florida to die as key figures in the state House and Senate declare gambling negotiations “dead” for the current legislative session. |
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Zimbabwe President Robert Mugabe is the only modern head of state to win the lottery after sweeping a prize of 100,000 Zimbabwean dollars (about US$2,600) in 2000. |
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Reimagine mobile services to improve mobile gaming experience. Find where customers engage and then fine-tune the product's mobile experience. |
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Gamification
The concept of using game mechanics and its elements such as point scoring, achievements, and competition to motivate and engage players. |
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Calling all kind-hearted industry shakers and movers!
Calvin Ayre has recently partnered with Friends of the Care Project to raise awareness in helping abandoned and disabled children in Antigua. To help these kids, visit CalvinAyreFoundation.org and/or friendsofthecareproject.org. |
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NOVOMATIC hires international product expert John Morris |
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Blockchain pioneer nChain announces the appointment of Bitcoin Foundation Executive Director Jon Matonis as its new Vice President of Corporate Strategy. |
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Email [email protected] |
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