There are no shortcuts to any place worth going.
—Beverly Sills
15th August 2018  
 
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The Story

New Jersey’s bookmakers handled around $40.7m in July, the first full month since legal wagering started in the state mid-June.

 

Sports betting handle was up from $16.4m in the last two weeks of June.

New Jersey’s overall betting handle hit $57.1m, from which operators derived ‘revenue’ of $7.3m. Only $3.23m has actually been won by the books, thanks to unredeemed wagers and those wagered on future events. Baseball has generated a betting handle of $36.3m, while basketball and other sports contributed over $1m and $17.9m respectively. Football kicked up just over $160k.

 
 
 
 
 
 
 
 
 

Multiplayer is the common theme for new games

In this interview with CalvinAyre.com’s Becky Liggero, Gaming Realms Plc founder Simon Collins shares what operators need to do in order to stay relevant in the ever-changing gaming industry.

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ICO exit scams made off with $60M in investors’ money in August: report

The cryptocurrency industry is rife with scams, according to a new Diar report. For the month of August alone, two fraudulent companies took a total of $68m from investors.

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  ASIA

Don’t sweat suspension of gaming licenses in the Philippines

CalvinAyre.com’s Rafi Farber said that casino investors should not be spooked by the crackdown on gambling being waged by Philippine President Rodrigo Duterte.

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Malaysian high roller loses $4.2M case vs. Resorts World Sentosa

Businessman Lee Fook Kheun failed to convince the court that he was intoxicated when he signed the credit deals that resulted in a SGD5.9m (US$4.2m) debt with Resorts World Sentosa.

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  EUROPE

Mybet to file for insolvency after strategic investor talks fail

The German gambling operator said it is preparing an application to open insolvency proceedings after failing to reach an agreement with an investor.

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  NORTH AMERICA

Hard Rock Atlantic City’s debut outshines Ocean Resort Casino

Atlantic City's newest integrated resorts showed differing results a month after they opened, with Hard Rock reporting land-based gaming revenue of nearly $32.4m, while Ocean Resort managing only $15.8m.

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Disney continues to dump millions into anti-gambling measure in Florida

The media giant shelled out another $5m for “Voters In Charge” political action committee, a group supporting the prohibition of gambling expansion in Florida.

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Want to be treated as an expert for a particular subject matter? You can do it by using SlideShare, a LinkedIn-owned platform that allows brands and individuals to upload slide decks. If you upload slides with good quality and are shareable, you can receive thousands of views and can bring long-term traffic to your website.

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Malta to host the most important crypto conference of 2018

The “Blockchain Island” of Malta is gearing up for one of the biggest blockchain industry events of the year, with more than 5,000 delegates, 100 speakers and 150 companies converging at the Malta Blockchain Summit.

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Congratulations to BetConstruct CEO and Founder Vigen Badalyan for being included in the list of nominees for Executive of the Year at the Global Gaming Awards! BetConstruct was also shortlisted for two awards: Digital Product of the Year and Digital Industry Supplier of the Year.
 
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