![]() ![]() —Mario Andretti |
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20th March 2018 | SHARE THIS
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The Story | |||||
888 Holdings is considering leaving Germany for good after regulatory changes caused its 2017 profits to drop. |
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888 could be the latest gambling operator to make a German exit. |
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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. |
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Arcangelo Lonoce: Italy is a big market full of very big players |
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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. |
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Mastercard could allow cryptocurrency transactions—in a way |
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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. |
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Genting eyes casino resort in Philippines' Boracay Island | |||||
The Malaysian casino operator became the second company to express interest in building a casino in the famed tourist hotspot in the Philippines. |
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Vietnam gambling ring nets $422M via illegal payment gateways | |||||
The police operations resulted in the arrest of a former high-level government official and two top technology businessmen in Vietnam. |
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Okada Manila could soon have a new VIP club | |||||
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. |
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GameIntel questions CoinPoker's game integrity | |||||
Game Intel's Alex Weldon found that players in the online poker room are multi-tabling their way to the company's earliest promotions. |
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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. |
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BetConstruct integrates Apollo Games to its Casino Suite |
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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. |
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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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Want to be a guest contributor? Email bill@calvinayre.com |
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