Master Gambling Bonuses

Tuesday, October 23, 2018

Breeders' Cup to host seminar in Las Vegas

6:06 PM 0
Casino City Times
Breeders' Cup to host seminar in Las Vegas
Professional handicapper Bob Ike returns to Rampart Casino Resort at Summerlin to share with racing fans the ins and outs of betting.
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Instant Win Gaming Limited partnering for further lottery success

12:18 PM 0
World Casino News
Instant Win Gaming Limited partnering for further lottery success

Online instant-win games supplier, Instant Win Gaming Limited (IWG), has announced that it is partnering with fellow British firm, Inspired Entertainment Incorporated, in order to offer American lotteries a range of new virtual sports-themed titles. Kicking off with gridiron game: According to an official Monday press release published by European Gaming Media and Events, the collaboration will see […]
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Tribal casino could still open in Connecticut

Monday, October 22, 2018

Las Vegas’ Palace Station launches revamped business

International sales help push MegaMillions jackpot to $1.6 billion

5:52 PM 0
World Casino News
International sales help push MegaMillions jackpot to $1.6 billion

The cash prize attached to the latest edition of the United States’ multi-jurisdictional MegaMillions lottery game now stands at a record-breaking $1.6 billion with this amount expected to rise even higher due to ‘unprecedented international sales.’ $2 billion prize a possibility: This is the opinion of theLotter.com with the global online lottery ticket purchasing service […]
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Online Money Transfer Startup WorldRemit Appoints Former Gambling Boss as New CEO

12:00 PM 0
Casino News Daily
Online Money Transfer Startup WorldRemit Appoints Former Gambling Boss as New CEO

Ambitious online money transfer company hires Paddy Power Betfair’s Breon Corcoran as new boss

UK fintech company WorldRemit today confirmed the appointment of former Paddy Power Betfair CEO Breon Corcoran as its new Chief Executive after weekend reports that he would become the new boss of the rapidly growing digital money transfer business.

WorldRemit was founded in 2010 by Somaliland entrepreneur Ismail Ahmed. Mr. Ahmed was studying in London at the time and was forced to travel across the city in search for an agent to transfer money to his family who lived in a refugee camp in Ethiopia. The transactions were extremely costly and usually required months to be completed, but Mr. Ahmed’s family needed the money.

Frustrated by the complex remittance process, he set up WorldRemit to storm the international remittance market. He spotted an opportunity in the quick growth of mobile money accounts to grow his business. Today, WorldRemit serves more than 800,000 customers from more than 50 countries who send money to millions of people in around 150 countries. Supporting migrants send money from developed countries to family and friends based in emerging economies has been the main focus of Mr. Ahmed’s company.

WorldRemit’s founder is currently its Chief Executive, but once Mr. Corcoran steps in, Mr. Ahmed will assume the post of Executive Chairman. Mr. Corcoran left major gambling operator Paddy Power Betfair this past January after sixteen years at the company and its predecessors.

He first joined Paddy Power in 2001 as Managing Director of its Non-Retail (Digital) operations. He was appointed as the company’s Chief Operating Officer in 2010, but left in 2011. In 2012, he joined rival gambling operator Betfair as its CEO. In 2016, he was appointed as the Chief Executive of the combined Paddy Power Betfair. He had an instrumental role in what was praised as a successful merger of the two major gambling companies.

Mr. Corcoran surprisingly announced his departure from Paddy Power Betfair last August and left his post in January 2018 to be replaced by Peter Jackson. Prior to stepping down, the former gambling CEO drew quite some ire from the UK retail betting industry as he supported openly the proposed cut of the maximum stake on FOBTs to £10 or less from £100.

Mr. Corcoran said in a letter to Department for Digital, Culture, Media, and Sport Minister Tracey Crouch dated September 2017 that the FOBT issue has become so toxic that

“only a substantial reduction in FOBT stake limits to £10 or less will address societal concerns. I am confident we could operate our retail business successfully and profitability under such circumstances. Other well-run operators should be able to do the same.”

Fintech Unicorn

With Mr. Corcoran now at the helm, WorldRemit is expected to soon become the UK’s newest technology unicorn, that is a start-up worth at least $1 billion. The company has received more than $200 million in funding since it was founded and some of its investors have included TriplePoint Venture Growth, Accel Partners, and Silicon Valley Bank. It most recently raised funds in a $40-million round that was led by LeapFrog Investments.

Earlier in October, the company extended its footprint across Africa by launching online bank transfers in Botswana, Chad, Zambia, Mozambique, and five more countries. WorldRemit has revealed that the transactions that it has handled to Africa this year have increased 75% year-on-year. Its fees range between 2% or 3%, which is significantly less than major banks for the same type of transactions.

The UK-based company says that its growth has accelerated in 2018 and it expects its annual revenue to top £95 million, up from £60.5 million in 2017. With the expansion of its reach and its rapid overall growth, the company believes it is in a strong position to “leverage the increasing demand for cashless payments.”

Commenting on the appointment of Mr. Corcoran as the new WorldRemit CEO, Mr. Ahmed said in a statement that with their “goal of delivering a better and safer experience for people sending money home” and the former gambling boss’ “reputation for developing a consumer-first culture makes” they will be able to build on their vision.”

Mr. Corcoran said that “with tailwinds like the global adoption of new technologies combined with growing remittance flows, there is enormous potential for WorldRemit’s global expansion.”

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The post Online Money Transfer Startup WorldRemit Appoints Former Gambling Boss as New CEO appeared first on Casino News Daily.

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Sam Miller Leads 23 Hopefuls into WSOP Circuit Horseshoe Hammond Main Event Day 3

6:09 AM 0
Casino News Daily
Sam Miller Leads 23 Hopefuls into WSOP Circuit Horseshoe Hammond Main Event Day 3

UK’s Sam Miller leads final 23, last year’s champion Blake Battaglia out of the race

The field of this year’s WSOP Circuit Horseshoe Hammond Main Event was reduced to just 23 players after Day 2. The tournament originally drew as many as 1,094 entries, but it is now just a few hours away from crowning its victor.

Day 2 was played on Sunday at the host casino. It kicked off with 236 hopefuls, who were led by Day 1A chip leader Michael Perrone with 649,000. While Perrone had a good advantage over the first stages of Day 2 action, the player could not secure a spot among the Day 3 survivors. He eventually busted in 24th place, good for a payout of $11,386.

As mentioned earlier, the Main Event attracted 1,094 contenders over its two starting flights. Its field thus generated $1,657,410 for the prize pool. The top 117 finishers will walk out with a payout, min-cashes starting from $2,718. Garrick Ballard became the unfortunate bubble boy. The player was eliminated in 118th place during Level 18.

There were a number of notables to bust on Day 2 without taking a share of the prize pool, including 11-time gold ring winner Maurice Hawkins, and WSOP gold bracelet winners Ben Keeline and Scott Bolhman.

Among those who made it to the money but failed to lock their seat into Day 3 were Ryan Phan, who finished 11th in the WSOP Main Event this summer, Ralph Massey, Will Bery, and Jeff Fielder, among others. Fielder was running pretty well over the course of Day 2 play, but eventually came in 31st.

Who Bagged the Day 2 Chip Lead?

As mentioned earlier, only 23 players will advance into the final day of action. They will be led by UK’s Sam Miller, who has just secured his first cash from the WSOP Circuit and is eyeing his first title from the series. The player built a solid stack of 3.535 million throughout Day 2, good for 88 big blinds at the beginning of Day 3 play.

Miller actually ended Day 2 of the tournament as the only player to pass the three million mark. Zachery Schneider, a one-time gold ring winner, bagged the second largest stack last night of 2.8 million. Two-time gold ring winner Nick Pupillo completed top three of the chip counts chart with 1.85 million.

Other notables that will return to the host venue later today to compete for the title and the gold ring include Giuliano Lentini, Anna Antimony (pictured), and Aaron Massey, among others. Action is set to resume at noon local time at the host venue. The remaining hopefuls will play down to a winner.

Blake Battaglia topped the event’s field this time last year for a cash prize of $332,020. The player entered this year’s edition of the tournament through Day 1A and secured a spot into Day 2. He ran pretty deep, but was eventually eliminated in 48th place, good for a payout of $5,005.

Follow us on Facebook and Twitter to stay up to date on the day’s top casino news stories.

The post Sam Miller Leads 23 Hopefuls into WSOP Circuit Horseshoe Hammond Main Event Day 3 appeared first on Casino News Daily.

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Sunday, October 21, 2018

Horseshoe Casino Baltimore and NFL’s Ravens agree marketing deal

6:27 PM 0
World Casino News
Horseshoe Casino Baltimore and NFL’s Ravens agree marketing deal

In Maryland, the second partnership between a casino and an NFL team is in the books as the Horseshoe Casino Baltimore announced on Friday that it had inked a multi-year marketing deal with the Ravens. According to The Baltimore Sun, under the terms of the agreement, the casino will be able to use Baltimore Ravens logos […]
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