You drill your fair share of dry holes, but you never lose your optimism.
—T. Boone Pickens
| INVITE FRIENDS! |
| Don’t sweat it |
A Union Gaming report showed that Hong Kong-listed concessionaires in Macau saw a collective loss of US$4.3b in market cap due to news that low-stakes games have been introduced in Hainan.
But Macau has no reason to worry.
UG analyst Grant Govertsen said that should the low-stakes gaming operators push their luck and start offering cash payouts, they will violate China’s constitution. Govertsen said the Hainan casinos will not affect the gross gaming revenue trends in Macau because “mass is convenience based and Hainan is simply not convenient for virtually all of Macau’s mass customers.” Also, he said there is no comparison between the Hainan gaming options and the casinos in Macau.
| FEATURED VIDEO |
Yury Kolesnik: Gambling industry finally acknowledges eSports scene
In this interview with CalvinAyre.com’s Becky Liggero, the PVP.ME co-founder and CEO talks about how eSports and gambling gave birth to the company and their innovative products.
| FROM COINGEEK.COM |
bComm Association: Free, inclusive and includes tangible benefits
CoinGeek is proud to be a founding member of the bComm Association, a group open to everyone who wants to learn and explore Bitcoin Cash (BCH).
| GLOBAL ROUND UP |
| ASIA |
The Japanese-listed company said the organizational realignment is part of its efforts to secure the structure from the parent company led by Kazuo Okada.
| EUROPE |
Despite looming policy challenges, Italy’s licensed online sports betting operators turnover rose 6.4% year-on-year to €518m in May while betting revenue jumped 40.4% to €40.8m.
The Advertising Standards Authority upheld a series of complaints regarding Coral Interactive’s slots titles which featured characters that appeal to children.
| NORTH AMERICA |
The Pennsylvania Gaming Control Board reported that the state’s 12 licensed casino operators had a combined gaming revenue of $278.9m in May.
The parent company of online poker giant PokerStars will offer 15m shares to the public to fund the acquisition of UK online gambling operator Sky Betting and Gaming.
| TIP OF THE DAY |
Be careful when using social media to promote content for your gambling websites. Facebook and Twitter will not whitelist any client for gambling-related content in the UK and the U.S. With these in mind, gambling websites can utilize other social media applications like Stumbleupon, Reddit, and ContentGain to promote content.
| PRESS RELEASES |
Win Systems will present its latest innovation at PGS
The leading technology supplier will participate in the Peru Gaming Show in Lima on June 20-21 to show their products like the GameStar slot machines and Chinese roulette.
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Email bill@calvinayre.com
