For a technology business looking to raise growth capital and scale, investment can come from anywhere in the world, but London is a great place to be located. —Improbable chief executive Herman Narula on London being Europe's No.1 tech hub after Brexit |
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5th July 2017 | SHARE THIS | ||
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The Story | |||
Jonny Ferrari, professional wrestling manager turned online gambling operator, may taste the wrath of government officials in Cambodia whom he described as "corrupt". |
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Oh, boy. Ferrari's on fire! |
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Ferrari's fiery remarks were part of a Phnom Penh Post article which gauged the local gaming industry's reaction to China's ongoing crackdown on foreign casino operators. In the said article, Finance Industry Department deputy director Ros Phirun said that the government has yet to see any negative feedback from China "and don't expect to see much". |
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Then he said what?! |
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He said that Cambodia had benefited from Beijing's efforts to restrict junket activity in Macau and that Cambodia would continue to benefit "as long as regulations are not established" to restrict junket activity. He should have just stopped there yet he lashed out against the Cambodian government by saying that Cambodia won't have a problem as it is "corrupt and everything and everyone can be bought in gaming". |
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That was appalling. |
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The consequences of Ferrari's remarks can be the subject of prop betting. It's either he will be diagnosed with a severe foot-in-mouth disease or he would have to say goodbye to his online gambling license. |
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Takeaway |
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When you don't have anything nice to say, especially when you are in the mercy of other people, it's better to just stay quiet. |
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Susan O'Leary on the importance of sound regulatory framework | |||
In this interview with Stephanie, Susan O'Leary explains why Alderney is a good alternative for online licensees. |
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PAGCOR warns gaming licensees not to offer 'kickbacks' to officials | |||
The Philippine Amusement and Gaming Corporation (PAGCOR) emphasized that it is strictly implementing its 'No Gift Policy,' with one to two year prison terms waiting for those who will violate the said rule. |
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Silver Heritage set to resume trading in ASX | |||
The Australian bourse has lifted the suspension of trading in Silver Heritage shares following the casino operator's decision to issue an entitlements offer. |
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Lawmaker itching to legalize sports betting in West Virginia | |||
Democratic Delegate Shawn Fluharty of Ohio, who sponsored a bill legalizing sports betting in West Virginia, said that sports betting will provide additional revenue for the cash-strapped state. |
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Seventy-nine percent of smartphone users check their phones within fifteen minutes of waking up every morning. On average, a smartphone user spends about two and a half hours every day on a smartphone. Email is the most frequently used application in a smartphone, followed by Facebook. |
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Innovation comes in evolution rather than a revolution. Forcing change overnight on a classic product is futile. |
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Leading operators go live with Playtech BGT Sports' BetTracker product |
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Playtech BGT Sports (PBS) has rolled-out its BetTracker product to a host of operators, which include BetFred, JenningsBet, Boylesports, Sean Graham, and Corbett's, ahead of the new football season. |
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Congratulations to Christian Lundberg who is the new chairman of RakeTech Group, one of Europe's leading iGaming affiliates. Lundberg is a strategic advisor to several corporate leaders and previously held key posts at Fortum as its COO and in Microsoft as Regional Director (Nordics). |
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