2018 - Master Gambling Bonuses

Saturday, February 17, 2018

Las Vegas Valley gets two new PT’s Gold taverns courtesy of Golden Entertainment

11:06 AM 0
World Casino News
Las Vegas Valley gets two new PT’s Gold taverns courtesy of Golden Entertainment

The Las Vegas Valley reportedly has two new PT’s Gold taverns, making them Nevada-based Golden Entertainment Inc.’s (NASDAQ:GDEN) 58th and 59th neighborhood watering holes in the Silver State. Located just one mile south of the Henderson Pavilion events center, the first of the two new facilities to open was PT’s Gold (pictured) at 690 South Green Valley Ranch Parkway, which began welcoming patrons on Feb. 3. The other new PT’s Gold opened for business on Feb. 10 at 9732 West Maule Avenue in southwestern Las Vegas, according to the company’s press release. Both of the traditional neighborhood taverns are operated by PT’s Entertainment Group and feature a wide variety of award-winning food and beverage choices. Along with comfortable seating, craft beer from PT’s Brewing Company and HD 4K TVs, both PT’s have 15 bar-top slot and video poker machines. The PT’s in Henderson will have an additional amenity in the spring when its outdoor patio opens. Guests can also count on both PT’s featuring the brand’s award-winning happy hour, where from 5pm to 7pm and from midnight to 2am the taverns offer half-off drinks and select appetizers and pizzas for $5. All 59 PT’s taverns in Nevada are part of the Beer & Bites dining loyalty program and the Golden Rewards player loyalty program. According to the company’s press release, together, the two new taverns will employ nearly 50 team members. “Our goal is to bring the best tavern experience to neighborhoods across the Las Vegas Valley,” said Blake L. Sartini II, senior vice president of distributed gaming for Golden Entertainment. “PT’s is known for our friendly local atmosphere where our guests can find consistently great food and drinks, excellent service, and a winning gaming experience.” Included in the company’s tavern brands are: PT’s Pub, PT’s Gold, PT’s Ranch, PT’s Brewing Co., Sean Patrick’s, Sierra Gold and SG Bar. Formed by the merger of Blake Sartini’s Golden Gaming and Lakes Entertainment in January 2015, Golden Entertainment, Inc. owns and operates gaming properties across two divisions –distributed gaming and resort and casino operations. The Company operates some 16,000 gaming devices, 114 table games, 5,162 hotel rooms, and employs more than 7,200 team members. The company owns eight casino resorts; seven in Southern Nevada and one in Maryland and via its distributed gaming business in Montana and Nevada owns nearly 60 traditional taverns in Nevada and operates video gaming devices at approximately 1,000 locations.
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Portugal Publishes Poker Liquidity Technical Standards; PokerStars Anticipated to Admit Portuguese Players to Europe Network Soon

5:07 AM 0
Casino News Daily
Portugal Publishes Poker Liquidity Technical Standards; PokerStars Anticipated to Admit Portuguese Players to Europe Network Soon

Portugal’s technical standards framework on shared online poker liquidity (Regulamento n.º 115/2018) was published in the country’s Official Journal on Friday, February 16, local media reported. The publication of said framework means that there are no more regulatory hurdles before Portugal’s participation in the shared liquidity project.

The country was one of four, with France, Spain, and Italy being the other three, to sign the shared liquidity agreement in Rome in the summer of 2017. Generally speaking, the project is hoped to give a much-needed boost to online poker in Europe’s segregated markets.

France and Spain were the first two participating countries to roll out shared online poker tables. And PokerStars was the first and is currently the only online poker operator to offer Franco-Spanish tables via its PokerStars Europe network. The online poker brand launched the network in mid-January and it can be said that is participation in the shared liquidity project was off to a good start.

According to data from PokerScout, PokerStars Europe is currently the world’s third largest network in terms of cash game activity. It is also among the largest in terms of overall traffic. At the time of writing, there are a total of 17,930 players online on the poker network. Of those, 2,177 are playing cash games. The 24-hour cash game peak stood at 5,220 online cash game players.

Aside from PokerStars, other online poker operators have too expressed interest in participating in the shared liquidity scheme, with Winamax, partypoker, and 888 being among those. Winamax recently received the go-ahead to join the project from France’s online gambling regulator, ARJEL. However, the operator needs licenses from the other participating countries in order to be able to do that, as it is currently licensed in France only.

What the Publication of Regulamento n.º 115/2018 Means for Portugal’s Online Poker

The publication of the shared liquidity technical standard in Portugal’s Official Journal means that PokerStars could and probably would open its PokerStars Europe network to Portuguese players anytime now.

The inclusion of the country will boost the operator’s new network significantly in terms of liquidity, as there has been quite some activity on PokerStars’ .pt website since its launch in late 2016. According to PokerScout, there are more than 39,500 players online on PokerStars.pt at the time of writing, or more than twice as much as the current traffic of PokerStars Europe.

The publication of the technical standards framework could also encourage SRIJ, Portugal’s gambling regulator, to finally expand the country’s online poker market. At present, PokerStars is the only licensed operator to operate in Portugal. As mentioned above, the poker room received its license from SRIJ in 2016 and went live with a .pt website in December of that year. No poker licenses have been issued since then and industry experts have pointed out that SRIJ might be waiting for the start of the shared liquidity project before opening the local poker market to more operators.

The post Portugal Publishes Poker Liquidity Technical Standards; PokerStars Anticipated to Admit Portuguese Players to Europe Network Soon appeared first on Casino News Daily.

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Friday, February 16, 2018

Developer LongRunn to build $4.2 billion casino city on Yeongjong Island, S. Korea

10:59 PM 0
World Casino News
Developer LongRunn to build $4.2 billion casino city on Yeongjong Island, S. Korea

LongRunn International Group (“LongRunn”), investor and developer of large-scale Integrated Resorts (IR), landmark real estate developments, infrastructural and environmental projects in Asia, has reportedly penned a deal that will see it build a 76,000 square meter multi-resort complex on Yeongjong Island in Incheon, South Korea at a total cost 4.5 trillion won (US$4.2 billion). The island is home to the Incheon International Airport, which was built on reclaimed land between Yeongjongdo and Yongyudo Islands. The Incheon Bridge connects the island to the mainland and provides direct access between Songdo and Incheon International Airport. According to globalconstructionreview.com (GCR), a website of the Chartered Institute of Building (CIOB), under the terms of the deal, which was reportedly signed on Sunday in Singapore, the Chinese developer agreed to purchase a parcel of land on the manmade island for $80 million to be used for a $4.2 billion development to be named “Diamond City.” Incheon Free Economic Zone Commissioner Kim Jin-yong, reportedly said that the new contract would aid Yeongjong Island in competing with the likes of Las Vegas and Macau. CGR reports that according to LongRunn, the billion-dollar development will feature a casino and a seven-star hotel, as well as office towers, schools, malls and a medical centre specializing in cosmetic surgery. Additionally, the development will also be home to theme parks, a K-pop hub and an “interactive world cultural avenue”. LongRunn has reportedly been in discussions with the Korean government regarding the development since 2014. Upon completion, Diamond City will neighbor the partially opened casino and hotel complex, Paradise City, developed by Paradise SegaSammy Co., Ltd, a joint venture between Sega Sammy Holdings of Japan and Paradise Co., Ltd. of South Korea.
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Tioga Downs celebrates first year since casino expansion

5:15 PM 0
Casino City Times
Tioga Downs celebrates first year since casino expansion
In December, the New York casino marked a year of growth after the opening of its enhanced gaming floor and hotel.
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Poll Shows Majority of Massachusetts’ 7th Congressional District Democratic Voters Support Wynn Casino

10:54 AM 0
Casino News Daily
Poll Shows Majority of Massachusetts’ 7th Congressional District Democratic Voters Support Wynn Casino

Half of all likely Democratic primary voters in Massachusetts’ 7th Congressional District, which also includes the capital Boston, believe that the construction of the $2.4-billion Wynn Boston Harbor should continue now as Steve Wynn is no longer at the helm of Wynn Resorts, a poll by local radio station WBUR shows.

The casino mogul resigned as Chairman and CEO of the Las Vegas company earlier this month in the wake of sexual misconduct allegations against him.

Wynn Resorts was licensed to build and operate one of Massachusetts’ first commercial casino resorts, after voters had approved legalization of casino gambling in a statewide referendum. The Las Vegas casino company was selected as the preferred developer for a resort in the Greater Boston area.

Wynn Resorts is currently building a $2.4-billion complex along the Mystic River in Everett, a city located not far from Boston. The property is set to feature different accommodation, food and beverage, retail, and entertainment options as well as a casino with both slot machines and table games. Wynn Boston Harbor was slated to be completed and launched in the spring of 2019, but following the allegations against Mr. Wynn, its fate is currently quite uncertain.

A poll conducted by local polling group MassINC and commissioned by radio station WBUR showed that 50% of all Democratic voters from the state’s 7th Congressional District agree that the construction of the resort, which has been touted as major future tax revenue contributor and employer, should go forward now as the casino magnate is no longer involved in Wynn Resorts’ operations.

Another portion of the state’s Democratic voters (23%) believes that the project should continue but only if another developer takes over. Approximately 20% of the interviewed individuals call for the project to be nixed altogether. The remaining 7% have refused to express their opinion or have responded they have no opinion on the matter.

The poll further shows that 64% of all interviewed individuals believe the resort should be renamed; 21% say the Wynn name should be kept.

Ongoing Investigation

Shortly after the publication of a Wall Street Journal article detailing sexual allegations from former and current Wynn Resorts employees against Mr. Wynn, the Massachusetts Gaming Commission announced that it would investigate the reports and the appropriateness of Wynn Resorts’ participation in the state’s nascent casino industry.

The state’s gaming regulator later confirmed that the probe would continue “aggressively” even after Mr. Wynn’s resignation. Gaming officials pointed out that the Wynn Board’s previous knowledge of the allegations and whether it had had any such knowledge would be among the most important points they would take into account during the investigation.

It also became known that depending on the Gaming Commission’s findings, Wynn Resort could even have its casino license in Massachusetts revoked. There are also ongoing investigations in Nevada and Macau, where the gambling operator manages several hotel and casino properties.

The post Poll Shows Majority of Massachusetts’ 7th Congressional District Democratic Voters Support Wynn Casino appeared first on Casino News Daily.

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Greg Kolo Wins WSOP Circuit Seminole Casino Coconut Creek $365 Pot-Limit Omaha Re-Buy

5:15 AM 0
Casino News Daily
Greg Kolo Wins WSOP Circuit Seminole Casino Coconut Creek $365 Pot-Limit Omaha Re-Buy

Ohio-based player Greg Kolo became the latest winner of the ongoing WSOP Circuit Seminole Casino Coconut Creek stop. The player entered a $365 Pot-Limit Omaha Re-Buy event on Wednesday to eventually win a gold ring and $13,806 for his efforts late last night.

The winner said that he hopped into the tournament to win some points for the Player of the Year leaderboard. Then he ended up with the title and the gold piece of WSOP Circuit jewelery.

Kolo bested a tough field of 39 entries. However, most of the participants took advantage of the $100-worth re-buy option. As many as 191 re-buys were recorded and that heated action at the host casino even more. A prize pool of $30,800 was generated eventually and was split among the top four finishers.

Kolo entered the unofficial final table third in chips with approximately 38 big blinds. Joseph Irgon was the chip leader at that point with 46 big blinds left. It was eventually fellow former ring winner Matt Stout whom Kolo faced heads-up.

Heads-Up and Other Highlights

Under original plans, play for the day was scheduled to be stopped on Level 18 of the event. The two heads-up finalists reached that point in action but opted for an additional level, hoping to determine the winner during it. And that additional level lasted only several minutes before Kolo finished off his final opponent.

On what turned out to be the final hand of the evening and the tournament, chips went in post-flop. Stoud had two pair and a straight draw against his opponent’s pair and a flush draw. Kolo completed his flush to eventually scoop the title at around 3 am in the morning. Stout collected $9,240 for his runner-up finish in the Pot-Limit Omaha event.

Kolo won his first WSOP Circuit gold ring. However, he has one more piece of WSOP jewelery, a gold bracelet from the WSOP in Las Vegas. He captured it during the 2014 edition of the series for winning a $1,500 Pot-Limit Hold’em tournament. He also received $169,225 for his performance. To date, the player has collected nearly $380,000 from both WSOP and WSOP Circuit winnings.

After his victory last night, Kolo told WSOP Circuit staff that he actually entered the event chasing Player of the Year points. The season-long leaderboard grants seats into the season-ending Global Casino Championship to the 50 players who accumulate the most points throughout the season, and Kolo is looking to lock a seat and try his luck in the major event, which is set to take place this summer. The Pot-Limit Omaha the player entered and eventually won gave him the chance to rack up some points and increase his chance to accomplish his goal.

Earlier this season, Kolo finished runner-up in another Pot-Limit Omaha event, a $580 one. The player mused last night that he could have won the tournament, which took place at Horseshoe Hammond, if he had not lost a big hand for a lot of chips.

The post Greg Kolo Wins WSOP Circuit Seminole Casino Coconut Creek $365 Pot-Limit Omaha Re-Buy appeared first on Casino News Daily.

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Thursday, February 15, 2018

Relax Gaming Limited signs LeoVegas AB agreement

10:42 PM 0
World Casino News
Relax Gaming Limited signs LeoVegas AB agreement

After last week inking a content distribution deal with Kindred Group, online casino games developer Relax Gaming Limited is at it again after signing a similar agreement earlier today with Swedish iGaming operator LeoVegas AB. Malta-based Relax Gaming Limited explained that the latest arrangement will see its online roulette and blackjack table game innovations offered by sites operated by Stockholm-headquartered LeoVegas AB including its LeoVegas.com and RoyalPanda.com domains before ‘more exciting products’ are made available over the course of 2018. Established in 2010, Relax Gaming Limited proclaimed that its HTML5 blackjack title allows online casino players to enjoy up to ‘three hands at once’ while its roulette counterpart utilizes the same random draw mechanism in order to offer ‘highly realistic ball movement and gameplay’. Patrik Osteraker, Chief Executive Officer for Relax Gaming Limited, declared that he was ‘delighted’ to have signed the content distribution deal with LeoVegas AB and to be able to offer the operator ‘a reliable [and] cost-effective solution’. “Our versions of these table games are not only visually impressive and intuitive to use for players, they are proven performers for operators in multiple markets around the world,” read a statement from Osteraker. For her part, Karolina Pelc, Casino Director for LeoVegas AB, stated that Relax Gaming Limited had ‘demonstrated innovation’ by producing mobile-friendly content and that she will now ‘eagerly follow’ the company’s future games development journey. “Mobile is the future of online casino and core to LeoVegas AB,” read a statement from Pelc. “Relax [Gaming Limited has] recognized this and produced content with this in mind. Table games are an important part of catering to our customers’ needs and we expect widespread appeal with the updated versions that Relax [Gaming Limited has] created. Expanding on an already great partnership, we are excited by the prospect of developing this further.”
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Little Texas comes to Cherokee Roland for free show

4:42 PM 0
Casino City Times
Little Texas comes to Cherokee Roland for free show
The country-rock band will bring its energetic hits to the casino's stage next week.
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Poker Central, ESPN unveil 2018 World Series of Poker live broadcast schedule

11:30 AM 0
Casino City Times
Poker Central, ESPN unveil 2018 World Series of Poker live broadcast schedule
ESPN will provide daily coverage from during the WSOP Main Event from 2-24 July and will also broadcast the $1,000,000 Big One for One Drop event.
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New Wave of Responsible Gambling Proposals in Japan Limits Casino Visits to 10 Per Month

4:40 AM 0
Casino News Daily
New Wave of Responsible Gambling Proposals in Japan Limits Casino Visits to 10 Per Month

Japanese lawmakers tabled on Thursday a proposal that aims to limit the number of casino visits allowed to ten per month, local news outlet Japan Times reports. The measure is intended to curb gambling addiction issues that could arise from the planned opening of casinos across the nation.

The plan was presented to the ruling Liberal Party and its coalition partner Komeito earlier today. It is understood that it has already drawn opposition from a number of lawmakers as they perceive it too strict of a limitation.

Under the proposal, Japanese nationals and foreigners residing in Japan would be allowed three casino visits within seven consecutive days and ten casino visits within 28 consecutive days. Their visits to the country’s casinos would be tracked via Japan’s My Number system.

Introduced in 2015, the system issues a 12-digit ID number to Japanese citizens and foreign residents of the country that is used for various purposes, including social security, taxation, and disaster response.

It is understood that lawmakers from the ruling parties have expressed doubts over the use of the ID cards as an effective means to track people’s visits to casinos as just 10% of Japan’s population have had these issued so far.

What’s Next for Japan’s Casino Legalization Process?

The Japanese Diet approved a bill that legalized casino gambling in late 2016. Under that legislative piece, casino venues could only be built in Japan as part of larger integrated (MICE) resorts. Lawmakers now have to approve a separate bill that would set the rules under which the gambling facilities would be operated and where these would be built.

It is believed that the second piece of casino gambling legislation could be introduced by March. It was previously hoped that the bill could be crafted, introduced, and voted by the end of 2017, but political turmoil in the country delayed the process.

The second bill would also include responsible gambling measures that would be focused on limiting the negative impact of the future casinos on a nation that has already been engulfed in concerns regarding growing problem gambling rates.

A recent study by the Kurihama Medical and Addiction Center at the National Hospital Organization found that 3.2 million Japanese have suffered from milder or heavier forms of problem gambling behavior.

Under previously tabled responsible gambling proposals, the area casinos would occupy should not exceed 15,000 square meters and should account for no more than 3% of the total area of the integrated resorts they would be part of. An admission fee for Japanese citizens and foreign residents is also planned to be added to the list of measures included in the second casino bill.

The legislative piece would also determine the number of casinos that would be allowed to be built in the country as well as their preferred locations. The gambling venues together with the rest of the facilities at the integrated resorts would aim to boost Japan’s tourism product just as the nation has begun to regain its economic mojo.

The post New Wave of Responsible Gambling Proposals in Japan Limits Casino Visits to 10 Per Month appeared first on Casino News Daily.

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Wednesday, February 14, 2018

Golden Nugget online brands generated more than $7 million in New Jersey

10:45 PM 0
Casino City Times
Golden Nugget online brands generated more than $7 million in New Jersey
The brand earned the single largest monthly haul by a New Jersey online casino since online gambling was legalized in the state.
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Loni Harwood Captures Fourth WSOP Circuit Gold Ring, Wins $365 Event at Seminole Casino Coconut Creek

5:06 PM 0
Casino News Daily
Loni Harwood Captures Fourth WSOP Circuit Gold Ring, Wins $365 Event at Seminole Casino Coconut Creek

Loni Harwood, a poker pro with solid presence on the live poker scene, won her fourth WSOP Circuit gold ring last night. Surrounded by her boyfriend, poker pro Phil Hui, and her brother and sister-in-law, Harwood topped a $365 No-Limit Hold’em at Seminole Casino Coconut Creek in Florida to win the gold piece and a $10,801 payout.

The event attracted a field of 120 entries who generated a prize pool of $36,000. The top 12 finishers received a share of the money.

The tournament was played over two days. The first one concluded with nine finalists left to play the final table on the next day. Harwood entered the final table seventh in chips. However, the player said that she spotted signs of her victory all over, which kept her lifted until the very end.

The player told WSOP staff in her post-victory interview that seven was her lucky number, although she was not that superstitious. To provide examples of that we should say that the player was designated seat number seven at the final table of the tournament and started that final stage of play with a stack of 77,000 chips.

She went on to say that she won her first WSOP gold bracelet on July 7, the date on which both her brother and her sister-in-law were born. Here it is important to note that aside from four WSOP Circuit gold rings, Harwood also has two gold bracelets from the WSOP.

Harwood’s Final Table Run

As mentioned above, Harwood started that closing stage of the event at the bottom end of the chip counts chart. However, it seems that her thinning stack did not discourage her at all. The player navigated her way through the final table to eventually make it to heads-up.

She faced Stephen Hawley in a final battle for the title. Two-handed match began with Hawley as the chip leader. Action did not last long, though. Harwood managed to erase the gap quite quickly and to eventually take hold of all chips in play and the title. Hawley collected $6,675 as the event’s runner-up finisher.

The other half of the Harwood-Hui poker duo was also present at the host casino but only as a spectator. While his girlfriend kept herself calm and quiet at the table, Hui was pacing nervously around. The two players are now tied with four gold rings from the WSOP Circuit each.

Of her journey with her significant other, Harwood said that it has been really great and that they often discuss poker hands and poker stuff as a whole, but also have a life outside the game they share passion for.

Harwood has been quite successful at the Circuit over the past several years. She believes that her experience in much larger events has helped her a lot to excel at the Circuit.

The post Loni Harwood Captures Fourth WSOP Circuit Gold Ring, Wins $365 Event at Seminole Casino Coconut Creek appeared first on Casino News Daily.

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ElectraWorks Limited hit with Gambling Commission fine

11:03 AM 0
World Casino News
ElectraWorks Limited hit with Gambling Commission fine

In the United Kingdom, the Gambling Commission regulator has ordered prominent online casino operator ElectraWorks Limited to pay a fine of £350,000 ($488,640) for repeatedly breaching advertising standards when it came to promoting ‘free bonuses’ on its websites. According to a press release from the Gambling Commission, the Gibraltar-headquartered operator was warned by the Advertising Standards Authority Limited in August of 2016 about an advertisement on its United Kingdom-licensed Bwin.com domain that purportedly offered a ‘free bonus’. The regulator declared that it had cautioned ElectraWorks Limited about the same site featuring such an advert a week later with the firm subsequently removing the offending instance. The Gambling Commission declared that these instances had breached a rule that all of its licensees must abide by the Broadcast Committee of Advertising Practice and the Committee of Advertising Practice codes when it comes to the utilization of terms such as ‘bonus’ and free bet’. Despite this occurrence, the Gambling Commission explained that it discovered similar breaches on ElectraWorks Limited-owned sites CasinoLasVegas.com, PartyPoker.com, SCasino.com, NobleCasino.com, CasinoKing.com and PartyCasino.com in April before June saw the same six domains repeat the infractions while CasinoLasVegas.com went on to chalk up a third infringement in August. The Gambling Commission stated via a second release (pdf) that the 14 offending advertisements had not stated the ‘significant limitations and qualifications’ attached to the bonuses ‘despite there being space to do so’ while it moreover cautioned ElectraWorks Limited for failing to ensure that the person in charge of its marketing duties had held ‘the requisite personal management license’. “This fine should serve a warning to all gambling businesses that we will not hesitate to take action against those who mislead consumers with bonus offers or fail to ensure they are correctly licensed,” read a statement from Richard Watson, a member of the Gambling Commission’s Business Plan Programme Board.
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Seminole Tribe Could Present Draft Gambling Compact by Week’s End

5:18 AM 0
Casino News Daily
Seminole Tribe Could Present Draft Gambling Compact by Week’s End

The Seminole Tribe of Florida could present state lawmakers with a draft gambling compact by the end of the week, incoming Senate President Bill Galvano told local media Tuesday after a meeting with Seminole Gaming CEO Jim Allen and Rep. Jose Oliva.

Sen. Galvano, his colleague from the House, and the casino executive discussed details about a new agreement between the state and the tribe for over an hour on Tuesday. Mr. Allen told media after the meeting that there were details and issues that needed to be solved, but the tribe was ready to work with state legislators toward sorting these out and eventually signing a new gambling compact that would keep much-needed money into Florida’s coffers.

Under a previous compact signed between the Seminoles and the state, the tribe was given exclusivity over the provision of banked card table games, including blackjack, in exchange for regular payments to Florida.

That provision expired in 2015, but the tribe kept the card games at its casinos, arguing that the state had breached its part of the agreement by allowing other, non-tribal, gaming facilities to offer the so-called designated player games. The Seminoles even threatened to stop making payments to the state, unless a new agreement was negotiated.

That resulted in lengthy negotiations and bickering between the involved parties. The matter was even brought to court. A federal judge ruled that the designated player games indeed breached the tribe’s monopoly over banked card games in the state, and the tribe agreed to continue paying a portion of its revenue to Florida. However, tribal officials pointed out that they expected due legislative measures were taken towards the provision of designated player games at non-tribal card rooms.

At present, the tribe is paying a minimum of $250 million per year to the state. That amount was negotiated under the 2010 compact.

Florida legislators and tribal officials are now looking to agree on and sign a new compact before the November ballot that will see state residents cast their votes on a proposed Constitutional amendment that, if approved, would limit significantly the Legislature’s power over making gambling-related legislative decisions.

Following Tuesday’s meeting, Sen. Galvano and Rep. Oliva are optimistic that tribal officials will be able to craft and present a draft agreement by the end of the week.

Stumbling Blocks in the Negotiations

Both the Florida House and Senate presented gambling-focused bills last month. Each chamber of the Legislature will probably look to pass their efforts during the session so that to ensure that certain changes in the state’s gambling landscape will come into effect before the November vote.

However, the two pieces will clash at some point as some of their provisions suggest entirely opposite approaches to gambling in the state. What is more, some of the provisions would certainly be opposed by the tribe as they could come as a breach to a potential compact.

Designated player games could turn into the biggest stumbling block during legislative discussions and negotiations with tribal officials. The House calls for a ban on designated player games at card rooms, which would probably be welcomed by the tribe.

However, the Senate bill would allow for such games to be played across non-tribal facilities but under certain conditions. Commenting on the Senate legislation, Mr. Allen said Tuesday that the piece would be something the tribe and the Legislature would have to work through.

Neither of the two bills contain provisions for the legalization of slot machines at dog and horse race tracks in eight Florida counties that had previously approved the move at county-wide referendums. The proposal appeared in previous gambling bills, but legislators from the two chambers never reached an agreement on it, with the House, traditionally more conservative on gambling expansion matters, opposing it.

The Seminole tribe has also been staunchly opposed to that option. Its Broward and Miami-Dade facilities operate slots at present and it has pointed out that it wants to keep its monopoly over these as part of its previous compact.

The post Seminole Tribe Could Present Draft Gambling Compact by Week’s End appeared first on Casino News Daily.

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Tuesday, February 13, 2018

MGM Resorts opens $3.4 billion MGM Cotai

11:19 PM 0
World Casino News
MGM Resorts opens $3.4 billion MGM Cotai

Having sent out a media invitation on Feb. 6, MGM Resorts International Holdings, Ltd, parent company to MGM China Holdings Ltd (2282:Hong Kong), on Tuesday held the grand opening for its HKD27-billion (US$3.45-billion) MGM Cotai in advance of the Chinese New Year holiday. The important festival falls on Friday, February 16 this year and during the period the casino market in Macau typically sees a spike in gambling. Situated in the Chinese-controlled territory of Macau, the Cotai property, the second for MGM and its largest investment in Macau to date, will bring the company’s overall gaming table count in what is the world’s biggest gaming hub, to 552, an increase of 29 percent. The new resort on the family-friendly Cotai strip will also raise the number of MGM’s hotel rooms in Macau to 1,972, more than tripling the previous count, marking significant growth into hospitality amid uncertainty regarding the renewal process of the company’s casino license that expires in two years, according to the Reuters report. Among the last of the operators to develop on the Coati strip, MGM’s second investment in Macau follows Wynn Resorts Ltd.’s Wynn Palace and Las Vegas Sands Corp.’s Parisian and boasts artwork which includes 28 carpets from the Qing dynasty and a 2,000-seat theatre. Operated by the company’s Macau arm MGM China Holdings, MGM Cotai will reportedly open with approximately 177 mass gaming tables and 200 electronic table games (ETGS), according to analysts, with mostly middlemen set to handle VIP gaming junkets slated to open by the end of Q2 along with the property’s luxury mansion villas, according to Reuters. Having broken ground in February 2013, fully 85 percent of the 3 million square foot development will be dedicated to non-gaming attractions. MGM is one of a half dozen licensed casino operators in the autonomous region on the south coast of China, which is the only place in the country where citizens are permitted to gamble legally. However, along with SJM Holdings, MGM’s license is expected to expire in 2020, while licenses for Wynn Macau, Sands China, Melco Resorts and Galaxy Entertainment are due to expire in the year 2022.
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bet365 Reportedly Eyes William Hill’s Australian Gambling Business

5:12 PM 0
Casino News Daily
bet365 Reportedly Eyes William Hill’s Australian Gambling Business

Online gambling giant bet365 is considering the acquisition of the Australian business of its rival William Hill, local news outlet The Australian reported earlier today.

Reports about bet365’s interest in expanding its operations in Australia even further surface shortly after William Hill announced in mid-January that it would undertake a review of its Australian business. The British bookmaker entered the Australian sports betting market back in 2013 when it acquired local operator Sportingbet together with Isle of Man-based GVC Holdings.

William Hill paid the amount of £485 million for Sportingbet’s Australian and Spanish operations, while GVC assumed control over Sportingbet’s other operations.

William Hill said in its latest trading update from January that it would review its Tom Waterhouse-led Australian business due to growing regulatory pressure on international online betting operators that target local bettors. The major bookmaker said that the upcoming changes to Australia’s sports betting landscape would affect its profitability, hence its decision to reconsider its presence in the local market.

Bet365 is not the first rival gambling operator to have been eying William Hill’s Australian business. According to reports from local news outlets, Ladbrokes Coral and Paddy Power Betfair have also lined up in anticipation for confirmation that their rival would sell its local business.

All of the above-mentioned companies have been operating in Australia with licenses from the lower-tax Northern Territory to turn the country into one of the most competitive and lucrative online sports betting jurisdictions.

As mentioned earlier, the likes of William Hill, bet365, and Ladbrokes have been facing growing pressure from regulators and politicians, which will certainly bring significant changes to Australia’s betting landscape.

Regulatory Hurdles

Concerns and warnings about growing problem gambling rates and international operators exploiting loopholes in Australia’s gambling laws to avoid taxation resulted last summer in the introduction of a nationwide ban on the provision of online casino and poker games.

However, the federal government also announced that it would be cracking down on online sports betting operators, even though their activity was legal in the country. The political backlash prompted a package of sweeping reforms, including a ban on the so-called “free bets” and on credit betting.

In addition, several state governments have been discussing and have approved the introduction of a 15% point-of-consumption tax that would require operators to contribute 15% of the losses generated by customers based in any of the states to their governments.

The new taxation regime has already been introduced in South Australia, and is expected to take effect in Queensland and Western Australia. Victoria and New South Wales have also discussed the possibility to impose the tax on operators targeting their punters, but have not set a rate yet.

The recently completed merger of Australia’s biggest betting companies Tatts and Tabcorp is also expected to affect the country’s gambling landscape, as foreign businesses might be forced to consider consolidation in order to be able to survive the growing regulatory pressure combined with the increasing competition from their newly formed and larger local competitor.

The post bet365 Reportedly Eyes William Hill’s Australian Gambling Business appeared first on Casino News Daily.

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SG Digital to open Krakow remote development center

11:21 AM 0
World Casino News
SG Digital to open Krakow remote development center

After using last week’s ICE Totally Gaming exhibition to unveil its new SG Digital entity, American gaming machine innovator Scientific Games Corporation has now reportedly revealed that its latest subsidiary intends to open a new remote development center in the Polish city of Krakow. According to a press release from Las Vegas-based Scientific Games Corporation published by Casino City Times, the new Polish venue is due to open during ‘the first quarter of 2018’ as SG Digital’s fourth European development hub alongside counterpart offices in Stockholm, Athens and London. Scientific Games Corporation reportedly revealed that the Krakow enterprise will employ at least 100 people and help SG Digital, which consists of the assets it recently purchased from online casino games innovator NYX Gaming Group Limited alongside those of its own SG Interactive subsidiary, to ‘accelerate growth and drive innovation in product development across the group’. “The Krakow opening will be our fourth center in Europe as we accelerate our growth, underpinned by our product-led strategy,” reportedly read a statement from Matt Davey, the recently-named Chief Executive Officer for SG Digital. “The advanced hubs are staffed by leaders in their fields and provide the platform to ensure that SG Digital remains at the forefront of technology in the digital gaming, lottery and sports industry.” Scientific Games Corporation reportedly declared that the ‘product-focused employees’ at its coming Krakow venue are to be responsible for ‘quality assurance, core software development and product innovation’ while Chris Armes, Chief Technology Officer for the new entity, purportedly stated that the coming enterprise ‘underlines our commitment to continuously boost our best-in-class offering’. Armes moreover reportedly explained that the new Krakow office is to be ‘directly aligned with our other European technology hubs’ in order to ‘form a great asset for the SG Digital business unit’. He purportedly described Poland as a having ‘a fantastic reputation when it comes to tech personnel’ due to ‘a well-trained and high-energy talent pool of people’ that offer ‘extensive industry and domain expertise’.
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Official Website for Melco’s Cyprus Casino Resort Goes Live

5:34 AM 0
Casino News Daily
Official Website for Melco’s Cyprus Casino Resort Goes Live

The Integrated Resorts Cyprus Consortium (IRCC) launched on Monday the official website of City of Dreams Mediterranean, the €550-million casino resort currently under development in the Republic of Cyprus.

The website contains information about the project and future job opportunities as well as a section dedicated to the vibrant Mediterranean nation that will be home to the resort.

The complex is expected to be launched in 2021. It will feature a casino with 1,200 slot machines and 136 gaming tables, a five-star hotel with 500 rooms and luxury villas, 11 food and beverage facilities, and over 100,000 square feet of meeting, convention, and exhibition space.

The project has been touted as the largest one of its kind in Europe. As mentioned above, developers are planning to invest over €550 million in completing the major integrated resort scheme.

The City of Dreams Mediterranean project is the result from a partnership between Hong Kong real estate developer Melco International Developer (and its integrated resort subsidiary Melco Resorts & Entertainment) and its Cypriot partner The Cyprus Phassouri (Zakaki) (part of the larger group of companies CNS Group).

Melco had also originally partnered with Florida-based casino and café chain operator Hard Rock International, to submit their application to the Cypriot government for the development and operation of an integrated resort on the island. The two major companies together with their local partner were actually the only applicant for the casino license. The Cypriot government selected the consortium as the preferred developer of the nation’s first casino resort in the fall of 2016.

Melco, Hard Rock, and their local partner obtained the necessary casino license in June 2017. Hard Rock announced its exit from the project on the very same day the license was issued, citing plans to explore different global expansion opportunities as the reason for its decision.

Under the terms of their license, Melco and Zakaki will develop an integrated resort in the city of Limassol as well as four slots-only satellite casinos in the capital Nicosia, Larnaca, Paphos, and the free Famagusta area. It is also important to note that a temporary casino will be operating in Limassol, while the main property is under construction.

Expected Benefits from the Integrated Resort

City of Dreams Mediterranean will boost Cyprus’ tourism product significantly as it will include facilities that have not been available in the tiny Mediterranean nation before, including a casino floor and dedicated MICE facilities.

According to forecasts, the resort will generate revenue of €700 million a year after its second year of operation, which accounts for 4% of Cyprus’ annual GDP. City of Dreams Mediterranean will also create 4,000 jobs during construction and 2,500 permanent full-time ones when operational.

The IRCC has previously revealed that its resort will be developed in a manner that mirrors and fits the island’s natural landscape and environment. Developers are also committed to following the “principles of sustainable development”, although it is yet to be seen in what manner.

Promoting Cyprus as a casino and conference destination, the new resort is expected to draw an additional of 300,000 international visitors annually. The IRCC has previously said that it would look to overcome seasonality. At present, the island sees its biggest international tourism traffic in the months between May and October.

According to information from the Cypriot Finance Ministry, there were 3,652,073 international tourists to visit the island nation in 2017. The figure posted reflected an increase of 14.6% from a year earlier.

The Statistical Service of the Republic of Cyprus reported last month that the amount of €2.583 billion was generated from tourism in the country in the eleven months between January and November 2017, up 11.7% from €2.313 billion recorded during the same period of 2016.

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The post Official Website for Melco’s Cyprus Casino Resort Goes Live appeared first on Casino News Daily.

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Monday, February 12, 2018

Pennsylvania awards third miniature casino license

10:45 PM 0
World Casino News
Pennsylvania awards third miniature casino license

In Pennsylvania, last week reportedly saw the firm behind the Mount Airy Casino Resort win the right to open the eastern state’s third miniature casino with the new facility now being planned for a site in central Lawrence County. According to a report from the Pittsburgh Tribune-Review newspaper, Mount Airy #1 LLC had its bid of almost $21.2 million accepted by the Pennsylvania Gaming Control Board on Thursday and envisions locating the new enterprise within 15 miles of the city of New Castle and near Pennsylvania’s border with Ohio. “We are happy with their decision and we are going to do all we can to make them feel welcome,” Lawrence County Commissioner Dan Vogler reportedly told the newspaper. The new ‘Category Four’ facility will reportedly be permitted to operate up to 750 slots alongside a maximum of 40 gaming tables in exchange for agreeing to pay a 50% tax on all slot revenues alongside a 14% duty on table takings. The Pittsburgh Tribune-Review reported that Mount Airy #1 LLC has become the third firm to receive one of the state’s new miniature casino license after early-January saw a subsidiary of Penn National Gaming Incorporated pay $50.1 million for the right to open a similar facility in York County. This was followed a few weeks later by Baltimore-based The Cordish Companies, which is currently in the process of developing its Live! Hotel and Casino Philadelphia, handing over some $40.1 million for the right to bring a comparable enterprise to Westmoreland County. The Pennsylvania Gaming Control Board hopes to auction ten new ‘Category Four’ licenses before the end of July featuring minimum $7.5 million bids as a way to help the eastern state fill its bulging $2.2 billion annual budget deficit. The result of wide-ranging gaming legislation signed into law by Pennsylvania Governor Tom Wolf in October, the coming satellite casinos purportedly may not be located within 25 miles of any of Pennsylvania’s twelve existing casinos while local authorities were given the right to opt out of being considered as a home for any of the coming venues.
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Ignition Casino player grabs $64,000

5:03 PM 0
Casino City Times
Ignition Casino player grabs $64,000
Amber S. earned the random jackpot while playing the Lion's Roar online slot last week.
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“Reimagined” Fontainebleau Casino Resort to Open Doors on North Las Vegas Strip in 2020

10:48 AM 0
Casino News Daily
“Reimagined” Fontainebleau Casino Resort to Open Doors on North Las Vegas Strip in 2020

The long overdue opening of the unfinished Fontainebleau Resort Las Vegas is now scheduled for 2020, the property’s owners announced today.

The Fontainebleau was planned to be a hotel, casino, and convention complex on the Las Vegas Strip’s northern end. Work on what would have been a $2.9-billion resort began in 2007. However, Las Vegas (just as the rest of the United States and of the world) was hit and mired in a recession of dramatic proportions, which forced developers to nix the ambitious project.

First turning into the poster child of the mind-boggling crash and burn of Las Vegas and its casino industry, the unfinished casino resort then found itself at the center of an investment tactic that many despise, while others wish they had the wits about themselves to explore.

In 2010, New York investor Carl Icahn, whom many have referred to as one of the finest vulture capitalists, bought the Fontainebleau out of bankruptcy for the total amount of $150 million to sell it at a huge profit several years later.

Last summer, the unfinished hotel and casino resort was purchased by real estate investment firms Witkoff and New Valley LLC for $600 million. Spotting sings of revitalization in Las Vegas and the potential of the otherwise underdeveloped North Las Vegas Strip, the two companies decided to complete and launch the property.

New Chapter for Fontainebleau

The Fontainebleau is set to be rebranded as The Drew Las Vegas and to open doors for visitors and guests in 2020. Witkoff is partnering with hospitality powerhouse Marriott International to develop a “design-forward building” that will attract tourists and make them keep coming back.

Steve Witkoff, CEO of the New York-based real estate firm, explained earlier today that the Fontainebleau was “so well-conceived” nearly a decade ago that they now have a lot of possibilities to place their imprint on the property from a design point of view.

The Drew Las Vegas will feature 3,900 hotel rooms, 500,000 square feet of meeting and convention facilities, a casino as well as a number of food and beverage, entertainment, and retail facilities. Mr. Witkoff pointed out that they are yet to finish the building’s design, and that, among other things, they plan to “reimagine” the existing 8.5-acre pool deck. The real estate investor further noted that opening a property that is different from anything else on the Strip would be at the heart of their development strategy.

Partnering with Witkoff, Marriott will debut its luxury lifestyle hotel brand EDITION in Las Vegas. It is also important to note that the hospitality giant will manage all three hotels at The Drew.

Marriott International Executive Vice President and Chief Development Officer Tony Capuano said that his company was particularly attracted to the 500,000-square-foot convention and meeting space at The Drew. According to Mr. Capuano, Las Vegas is a great market for luring “leisure transients and group business”, and with convention facilities and nearly 4,000 hotel rooms The Drew will be well-positioned to compete with some of the Strip’s iconic properties.

Here it is also important to note that the hotel and casino resort is being developed in an area of the Strip that had not seen much construction activity before, but has attracted major investors over the past several years. Resorts World Las Vegas, another long-delayed project, is set to open doors on the Strip’s northern end in 2020. The resort will target Chinese and Chinese-American patrons with its eclectic Asia-inspired design and diverse gaming opportunities for spendy high roller patrons.

The planned opening of the two resorts – The Drew and Resorts World Las Vegas – will bring a total of 7,000 new hotel rooms to a part of the Strip located in immediate proximity to the Las Vegas Convention Center. The convention, meeting, and event facility itself is in the middle of a 1.4-million-square-foot expansion process that is scheduled to be completed in 2020.

Mr. Witkoff revealed that a bridge will connect The Drew to the Convention Center. According to the real estate investor, the time for the currently underdeveloped northern portion of the Strip may finally be coming.

The post “Reimagined” Fontainebleau Casino Resort to Open Doors on North Las Vegas Strip in 2020 appeared first on Casino News Daily.

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Gambling Companies among Biggest Advertisers in Sweden, Recent Report Finds

5:21 AM 0
Casino News Daily
Gambling Companies among Biggest Advertisers in Sweden, Recent Report Finds

Gambling operators have been ramping up their advertising efforts in Sweden ahead of the regulation of the country’s gambling market, media research firm Kantar Sifo said in its latest report on the advertising activity in the Scandinavian nation.

Three gambling entities, including the state-run Svenska Spel, made it to the list of the organizations to have spent the most on different forms of advertising in 2017, Kantar Sifo reported late last week.

Grocery retailer ICA was the biggest spender in Sweden last year in terms of advertising costs generated, followed by Procter & Gamble and Kooperativa Förbundet.

Svenska Spel, Sweden’s state-run gambling operator that currently holds the monopoly over the provision of most forms of gambling in the nation, made it to seventh place in the Kantar Sifo’s list. It spent SEK472,265 (approximately $58,430) on different forms of advertising last year, ramping up its marketing spend by 19.6% from a year earlier.

Kindred Group spent the total amount of SEK443,090 (approximately $54,779) on different marketing initiatives in Sweden, up 12.26% from 2016. LeoVegas was the company to register the largest increase in advertising costs. The gaming company invested SEK314,020 (approximately $38,822) into ads of different nature last year, reflecting an increase of 83.2% from a year earlier.

Commenting on the above figures, Tero Marjamäki, a spokesperson for the Swedish Advertising Association, Sveriges Annonsörer, said in a statement that gambling companies are strengthening their positions in the Swedish gambling market ahead of its planned reorganization by increasing their marketing budgets.

Mr. Marjamäki further noted that television and outdoor advertising were the most popular advertising channels among gambling operators. It also seems that the Internet has also grown in popularity as an advertising channel among international companies that target Swedish players namely via the Internet.

Crackdown on Gambling Ads and Market Reorganization

The latest report on the growing advertising budgets of gambling companies was published shortly after Lotteriinspektionen, Sweden’s gambling regulator, issued a warning on local newspaper Metro to stop featuring ads of foreign operators on its pages.

The regulatory body pointed out that the media outlet was violating the country’s Lottery Act by advertising gambling companies that were not authorized to operate in the country. Metro was further warned that it might face a penalty of SEK250,000 (approximately $31,000), if it kept featuring gambling-oriented advertising content.

Meanwhile, the Swedish government has entered the final stages of the planned reorganization of the country’s gambling market. Following the publication of a review into the Swedish gambling industry that recommended its opening to international operations, the nation’s lawmakers crafted a draft legislation on the provision of gambling services.

Under what would be Sweden’s new gambling law, foreign gambling companies will be able to apply for licenses from Lotteriinspektionen and to operate in a regulated environment. The Swedish government submitted the regulatory framework to the European Commission in December 2017, which means that the legislative piece is currently in a three-month standstill period and no actions cannot be taken on it during the EC’s ongoing review.

Sweden’s gambling law is expected to take effect on January 1, 2019. The Scandinavian country has already drawn a great amount of interest from some of Europe’s and the world’s largest gambling companies, many of which hail namely from Sweden.

According to figures from Lotteriinspektionen, the nation’s gambling market was worth SEK16.6 billion (approximately $2.05 billion) during the first three quarters of 2017, up 3% from a year earlier. Sweden’s unregulated market increased 11% in the reviewed period to SEK4.045 billion (approximately $500 million).

Here it is important to note that Lotteriinspektionen’s calculations on the size of the country’s gray market are only rough ones and that it is probably much larger in terms of revenue generated.

The post Gambling Companies among Biggest Advertisers in Sweden, Recent Report Finds appeared first on Casino News Daily.

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Sunday, February 11, 2018

UltraPlay appoints new leadership; enjoys presale sell out of eGold

5:21 PM 0
World Casino News
UltraPlay appoints new leadership; enjoys presale sell out of eGold

UltraPlay, a provider of online casino, sportsbook and lottery solutions, recently appointed its new Chief Executive Officer effective the start of Q1, 2018. A joint decision by the Bulgaria-based company’s current CEO Dariy Margaritov and its Management Board, newly appointed CEO Mario Ovcharov (pictured/right) brings with him “an incredibly deep understanding of our business, proven track record and strategic approach that will certainly lead UltraPlay to the next successful milestones,” said Margaritov. Margaritov himself has since UltraPlay’s inception in 2010, successfully led the company as a founder and CEO. Stepping down as CEO, Margaritov will maintain his advisory role with the company continuing to provide his profound expertise and knowledge in the crypto and gambling industry. His focus will reportedly be on the development of various crypto-related projects, along with the execution of Blockchain technology within the online gaming industry. In November 2017, UltraPlay opened the presale subscription of the eSports betting cryptocurrency eGold. The Blockchain-based project was met with great response and its Initial Coin Offering (ICO) presale, which started on Feb. 1st of this year, sold out more than half of the presale tokens during the first day. The crowd sale will take place from Feb. 18 - March 18. Commenting on the appointment, Margaritov said: “Mario Ovcharov is a perfect example of a top manager who has successfully made his career within the company. He brings an incredibly deep understanding of our business, proven track record and strategic approach that will certainly lead UltraPlay to the next successful milestones.” Ovcharov, meanwhile, added: “As part of UltraPlay’s family, I have been deeply involved in most of the company’s projects and developments that are described in the industry as innovations and avant-garde solutions. “UltraPlay has a deserved reputation as a leading eSports betting solutions provider and I am determined to continue the company’s growth and establish its leading positions on the core and emerging iGaming and crypto markets worldwide.” In addition to the appointment of Ovcharov as CEO, Peter Ivanov (pictured/left) will begin his new role as Head of Trading where his focus will be on sports and eSports betting managing the company’s in-house team of traders and adhering to its mission to offer iGaming operators unrivaled betting data, widest game coverage and the highest quality products. UltraPlay also recently announced plans to expand further its sports betting portfolio to begin developing new betting functionalities along with a US sports dedicated branch for all sportsbooks prepared to ascend to rise to the next level. Commenting on his new role, Peter Ivanov said: “We are in an excellent position to capitalize our growth, leadership and serve as integrity partner to the sports betting industry. We are going to do so for sure in the upcoming months by our continuous innovation and passion for delivering superb betting options.”
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Patrik Antonius earns partypoker MILLIONS Germany €25,000 Super High Roller title win

10:54 AM 0
World Casino News
Patrik Antonius earns partypoker MILLIONS Germany €25,000 Super High Roller title win

The partypoker MILLIONS Germany is in full swing, with the €25,000 Super High Roller event having finished up this weekend. A total of 51 entries were recorded, with 14 of those being reentries. King’s Casino in Rozvadov is the host of the tournament series, with this event finishing up with poker pro Patrik Antonius earning the first-place win. In the end, the final table would whittle down to the final three players; Antonius, Joao Simao and Renato Nowak. Antonius would push Nowak out in third place after winning a hand with pocket nines against, Nowak’s five-four suited. This would leave Antonius and Simao in heads-up play. Simao would start the face-off with the chip lead but would eventually lose his lead and Antonius would make his move. According to partypoker, on the final hand, both would be all-in and Simao would river a set of kings, only to lose to Antonius, who had rivered a straight with his Queen-Jack. The win marked the first time that Antonius had cashed out in 2018 and was a nice payday for the poker pro at €42€5,000. Final Results:
Place Player Prize
First Patrik Antonius €425,000
Second Joao Simao $251,250
Third Renato Nowak €175,000
Fourth Stefan Schillhabel €125,000
Fifth Steve O’Dwyer €100,000
Sixth Dietrick Fast €75,000
Seventh Dominik Nitsche €60,000
  The partypoker MILLIONS Germany continues this week with several events including a Super High Roller and the Main Event.
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Keith Tilston Leads US Poker Open Main Event Final Table; Stephen Chidwick Crowned US Poker Open Champion

5:07 AM 0
Casino News Daily
Keith Tilston Leads US Poker Open Main Event Final Table; Stephen Chidwick Crowned US Poker Open Champion

The inaugural US Poker Open is set to be wrapped today when the final table of the $50,000 Main Event will be played. Presented by Aria Resort & Casino in Las Vegas and Poker Central, the brand-new series built on the success of last fall’s Poker Masters, but also included a little something for players who excel in poker games other than No-Limit Hold’em.

There are five players left to contend for the Main Event title. They will return at the host venue later today to play down to a champion. The event attracted 33 entries, including a few re-entries. Once registration for the tournament closed, organizers announced that a prize pool of $1.65 million was generated and that it would be divided into payouts for the top five finishers. Each of the five finalists is guaranteed a minimum cash of $132,000. The winner will receive $660,000 for being the last standing player.

Final day action will begin with Keith Tilston as the chip leader. This will be the player’s fourth US Poker Open cash, after he made it into the money in two $25,000 buy-ins and a $10,000 buy-in tournament over the past several days. Tilston is holding a massive lead over his remaining opponents in the Main Event.

The player is the only one to have passed the two-million mark. He will enter the final day of action with 2.273 million. Daniel Negreanu accumulated the second largest stack last night. However, with his 1.146 million he is more than a hundred big blinds behind Tilston. Jake Schindler (669,000), Tom Marchese (564,000), and Dan Smith (299,000) are the other three players who will return at Aria’s poker room today to fight for the Main Event title.

Stephen Chidwick Becomes US Poker Open Champion

The British poker pro busted early on Day 2 of the Main Event. However, once registration for the tournament closed and the payouts were announced, it became clear that Chidwick would be crowned the US Poker Open Champion.

The title was designated to the player who won the most from the new poker series. With five final table appearances, including two victories in $25,000 events, Chidwick cemented his top position in the standings. The player collected a total of $1,256,600 from his participation in the US Poker Open and the outcome of the Main Event would not cause any changes at the top of the ranking. Chidwick will receive the US Poker Open Champion trophy as its rightful owner.

The first-ever US Poker Open featured eight high roller tournaments. Those generated a total of $8,339,500 in prize money. As many as 64 payouts were awarded across the events, including the Main Event that will be completed today.

Main Event final table action is set to resume at noon Las Vegas time. The five hopefuls will play down to a winner.

The post Keith Tilston Leads US Poker Open Main Event Final Table; Stephen Chidwick Crowned US Poker Open Champion appeared first on Casino News Daily.

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Saturday, February 10, 2018

Melco takes home top Gaming Operator at International Gaming Awards 2018

10:48 AM 0
World Casino News
Melco takes home top Gaming Operator at International Gaming Awards 2018

This year’s recipient of Gaming Operator of the Year, Australia/Asia at the International Gaming Awards (IGA) 2018 is Hong Kong-headquartered Melco Resorts & Entertainment (Nasdaq:MLCO). Developer, owner and operator of integrated casino gaming and entertainment resort facilities, Melco is responsible for operations including City of Dreams Manila, Altira Macau, City of Dreams Macau, Studio City and Mocha Clubs. Accepting the prestigious award on behalf of Melco at the 11th IGA held in London, United Kingdom, was Akiko Takahashi, Executive Vice President, Chief Officer of Human Resources and Corporate Social Responsibility for the company. Shortlisted among hundreds of gaming operators and casino resorts, Melco was awarded the grand prize, which recognizes the gaming operator for its decisive and consistent domination of the market within the region, according to the press release. Melco’s properties received accolades from the judging panel for bringing vitality, vision and originality to the gaming sector. Each one of those achievements align closely with Melco’s mission to deliver to tourists and international gamers, world-class, one-of-a-kind integrated resort concepts. Melco has brought to Asia pioneering concepts such as The House of the Dancing Water, what is reportedly the largest water-based stage production in the world performed at City of Dreams, Macau; and the iconic “Golden Reel,” a gondola ride located at Studio City, which reportedly hangs 430 feet in the air. Chairman and CEO for Melco Resorts & Entertainment, Lawrence Ho, said: "The esteemed award from the IGA is a testament to Melco's tireless efforts to deliver unrivaled and innovative gaming resort services. The award is especially significant to us for its close alignment to Melco's mission: To shape the future of gaming and entertainment in Asia and beyond. I would like to express my heartfelt thanks to the IGA 2018, as Melco looks forward to the opening of Morpheus, at our flagship integrated resort City of Dreams, this year to further elevate gaming and entertainment industry standards and better serve our valued clientele."
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