If everything seems under control, you're not going fast enough.
—Mario Andretti
| INVITE FRIENDS! |
| Sink or swim away |
888 Holdings is considering leaving Germany for good after regulatory changes caused its 2017 profits to drop.
888 could be the latest gambling operator to make a German exit.
The British gambling operator reported that its pre-tax profit took a nosedive from 2016's US$59.2m to US$18.8m in 2017 due to charges from a German VAT bill, which cost the company a whopping $45.3m. 888 Holdings lamented that a court ruling prohibited online gambling in parts of Germany, closing down one of its subsidiary in Baden Württemberg. Also, payment processors are already refusing to provide services for gambling companies.
| FEATURED VIDEO |
Arcangelo Lonoce: Italy is a big market full of very big players
In this interview with CalvinAyre.com's Becky Liggero, the Habanero executive explains why Italy is the best launchpad to expand businesses in Western Europe.
| FROM COINGEEK.COM |
Mastercard could allow cryptocurrency transactions—in a way
The financial giant has expressed its willingness to adopt cryptocurrencies—and here's the catch—if and only if these were issued by central banks.
| GLOBAL ROUND UP |
| ASIA |
The Malaysian casino operator became the second company to express interest in building a casino in the famed tourist hotspot in the Philippines.
The police operations resulted in the arrest of a former high-level government official and two top technology businessmen in Vietnam.
The Macau junket investor Tak Chun Group has announced that the new VIP club in its Manila property will have 18 gaming tables across five rooms.
| NORTH AMERICA |
Game Intel's Alex Weldon found that players in the online poker room are multi-tabling their way to the company's earliest promotions.
| WORD OF THE DAY |
Rake — this refers to the commission fee being taken by a website for every poker game. The rate of the rake, which is about 2.5 to 10% per pot, can be found on the website's terms and conditions.
| PRESS RELEASE |
BetConstruct integrates Apollo Games to its Casino Suite
The partnership will allow the Czech Republic-based game developer to grant BetConstruct access to new games like Blood, Turbo Slots, Slot Birds and other HTML5 content.
| SHOUT OUT |
Kudos to a job well done, Alex Foxen! The New Yorker faced Shan Huang during the heads-up action in the HK$400k ($51k) Super High Roller at the PokerStars Live 2018 Asia-Pacific Poker Tour (APPT). But it was Foxen who became victorious and walked away with the $963,880 first prize.
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