An entrepreneur is someone who jumps off a cliff and
builds a plane on the way down.
—Reid Hoffman
12th January 2018  
The Story

Buenos Aires Gov. María Eugenia Vidal is stepping up her administration's campaign to keep a tight lid on gambling by ordering the closure of three casinos in her province.


Prior to the closures, Buenos Aires had 12 casinos and 46 bingo halls.

In justifying her move to shut down the casinos, Vidal claimed that gaming had failed to boost tourism. The governor also debunked claims that she is favoring illegal gambling operations.

Aside from closing casinos, she also prosecuted operators of unauthorized online gambling sites and asked online gambling sites from other provinces to geo-block punters from her province. Only seven casinos are left to operate in Argentina's biggest province, all of which will be part of a new tender process.


PCA Reports: Guyanese gratitude from Victor Ramdin's Lee Davy sits down with Victor Ramdin on the sidelines of the PCA Main Event to talk about gratitude, the prospects of online poker in New York, and the $25k PokerStars Player's No-Limit Hold'em Championship.


South Koreans want minister fired over crypto ban announcement

More than 60,000 citizens have called for the termination of Justice Minister Park Sang-ki after the Blue House-the South Korean president's residence and executive office–discredited Park's announcement that the justice ministry is preparing to ban cryptocurrencies.

PAGCOR gives Solaire land bidding a second try

The Philippines state regulator is putting up two lots for auction after failing to receive bids during the first round. The two lots has a combined area of 160,359 sqm and the bidding price for the lots starts at PHP37.23b (US$726.6m).

New York daily fantasy sports tax revenue disappoints

The state of New York collected $3m from daily fantasy sports companies, falling short of what the state officials has expected. However, DFS executives said that the state's DFS law is to blame for the low revenues.

Neteller, Skrill processors cut off Brazil's online gamblers

Payment processors Neteller and Skrill announced that they would no longer process deposits made by Brazilian gamblers to online gambling sites starting February 21. The two companies did not disclose the reason behind their move.


Australia has 197,105 gaming machines in operation, composing about 2.5% of the world's 7,700,004 gaming machines. New South Wales is the state that has the most gaming machines with 94,864. GTA Chief Executive Ross Ferrar said that Australia's poker machines “are the world's slowest gaming machines, have among the lowest maximum bets and operate in one of the most stringent regulatory environments.”


Betting on Football casts its eye over the sports betting world

Betting on Football 2018 will feature updates on the biggest sports betting jurisdictions during the first day of the conference on March 21. The segment, which is aptly called Global Market Profiles, will be holding a total of more than 40 sessions featuring 190 industry speakers.


Congratulations to Danny Thomas for being appointed as the new CEO of lotto platform provider Kootac! Thomas previously served as the company's Head of Strategy. He brings a wealth of experience from executive roles at Brombat Ltd, Gr8odds Ltd and Avinit Online Ltd.

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