One finds limits by pushing them.
—Herbert Simon
1st February 2018  
 
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The Story

Another Saudi royal became a victim of fake news after an India-based news agency reported that Crown Prince Mohammad bin Salman allegedly squandered US$106.7b playing online poker. 

 

The details of the story were too good to be true.

According to the Asian News International (ANI), the Crown Prince confessed about his bad run before Saudi Arabia’s Consultative Assembly. Using a quite colorful language, bin Salman said that his loss in the game was due to a “series of unbelievably shitty hands.” The prince allegedly wanted to play “one quick game of Texas Hold’em but got sucked in and the next thing I knew it was 5am and I was $106.7b down.” This is the second time that a Saudi royal became a victim of fake news in a span of eight months after an online story claimed that Prince Majed bin Abdullah bin Abdulaziz Al Saud left his five wives to cover a $359m marker in an Egyptian casino.

 
 
 
 
 
 
 
 
 

Why Blockchain start-ups are invited to MIT "Playful Tech" accelerator

In this interview with CalvinAyre.com’s Becky Liggero, PlayLabs Executive Director Riz Virk shared how the video game industry heavily influenced the gambling industry and contributed to the creation of blockchain technology and cryptocurrencies.

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Venezuela sets date for petro token sale launch

Petro, the country’s new national cryptocurrency that is backed by Venezuela’s natural resources, will be launched next month. As part of Petro’s launch, the government plan to launch a scheme that will link the cryptocurrency to national ID cards, and create new mining centers. 

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  AUSTRALIA
Silver Heritage best sales to date, preps Tiger Palace grand opening

The Australian-listed casino operator said its fourth quarter sales, which was pegged at $5.44m, was the strongest result since the company went public in August 2016. The company also said that its FY17 total sales is at $18.26m, up from $16.9m in FY16.

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  EUROPE
Paddy Power Betfair, 888 reducing UK affiliate activity

The two gambling operators have asked their affiliate marketing partners that they “must not target UK IP addresses and/or any persons located in the UK,” citing the need to conform to stringent gambling marketing requirements.

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  NORTH AMERICA
PlayNow.com first Canadian gov’t site to launch live casino

The British Columbia Lottery Corporation has announced that its PlayNow.com gambling site had officially launched its live casino product which features 10 gaming tables offering live baccarat, blackjack, roulette, auto roulette and baccarat eSqueeze.

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  FACT YOU NEED TO KNOW
 

Jon Heywood was immortalized in the Guinness World Records after he won €17,879,645 on October 6, 2015. Heywood’s win at Betway Casino earned him the title of the largest online slot jackpot owner ever.

 
 
 
 
 
 
 

Novomatic signs with Sportradar for sports betting solution

The partnership will allow Novomatic to develop an innovative line of sports betting products and services, which include the creation of a turnkey solution for retail, cash desks, and Self-Service Betting Terminals.

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Congratulations to Andrew Vouris for being appointed as the new COO of Unikrn! Vouris had over 10 years of experience in Tabcorp before assuming his new role.

 
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