Our greatest fear should not be of failure ...
but of succeeding at things in life that don't really matter.
—Francis Chan
24th January 2018  
 
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The Story

Sky Bet CEO Richard Flint defended the right of betting companies to impose restrictions on the accounts of its customers at the House of Lords, saying that closing the accounts of some punters were done to avoid commercial risks.

 

Flint was on fire at the Parliament.

The Sky Bet CEO attended the seminar of the All-Party Betting & Gaming Group (APBGG) armed with statistics that showed 97% of Sky Bet’s 1m horseracing punters had no restrictions on their accounts, while 2% had potential winnings capped at £1k for major races, and an unfortunate 1% whose winnings were capped at £100. On allegations that his company closed accounts of winning punters, Flint said they only shut down accounts of punters which may be “unprofitable” for them, such as those involved in fraud or those belonging to gamblers who have problem gambling behavior.

 
 
 
 
 
 
 
 
 

Jan Jones: Employees, consumers are big elements in CSR

In this interview with CalvinAyre.com’s Becky Liggero, the Caesars Entertainment Corporation executive explains that a successful corporate social responsibility (CSR) initiative of casino rests on the collaboration between employees and the public.

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IoT malware Satori replacing Ethereum miners’ wallet addresses

A new strain of worm-style malware called ‘Satori.Coin.Robber’ broke into miners’ systems configuration and targeted ether (ETH) earnings last December, with over 280,000 bots going live from different IP’s within a 12-hour period.

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  ASIA
Wynn hits jackpot in Q4 on strong Macau revenue

The casino operator announced that its net revenues jumped 29.9% to $1.69b in the last three months of 2017–compared to $1.30b that it posted in the same period in 2016–thanks to the performance of Wynn Macau and Wynn Palace.

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  EUROPE
Hungary’s gaming monopoly growing reliant on sports betting

The Hungarian government-controlled Szerencsejáték Zrt betting monopoly plans to focus more on sports betting and interactive sales channels after both sectors posted a 10% growth in their revenues in 2017.

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  NORTH AMERICA
Verizon mulls investing in US sports betting venture

The telecommunications giant is reportedly considering an investment in a sports-focused online gambling venture following its acquisition of Yahoo’s fantasy sports unit which has some 1.3b users who spend an average of 30b minutes a year in its offerings.

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In rolling out a new content strategy, tap your social media platforms. Use your social media channels to seed content pieces to get the ball rolling, increase your readership, and grow your social communities.

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Sky Racing World to re-launch in US, Canada

After a six-month hiatus, the Kentucky-based distributor of international horse-racing content will re-launch New Zealand horse-racing content to U.S. and Canadian advance depositing wagering (ADW) sites just in time for the G1 Karaka Million.

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Bitcoin Cash enthusiasts, come through! Bitcoin Games has announced that players can now play with BCH. The digital currency, the only one which follows the Satoshi whitepaper, has been steadily gaining supporters due to faster payment confirmations, lower fees, and increased transaction quantities.

 
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