2018 - Master Gambling Bonuses

Friday, April 20, 2018

Singapore Needs Greater Consolidation of Casino Regulators, Says Josephine Teo

5:57 PM 0
Casino News Daily
Singapore Needs Greater Consolidation of Casino Regulators, Says Josephine Teo

Josephine Teo, the Second Minister for Manpower and Home Affairs of Singapore, said that greater consolidation of the functions of casino regulatory authorities should be considered, especially at a time when the country’s gambling landscape has been quite complex.

Today, Ms. Teo took part in the annual Workplan Seminar of the Casino Regulatory Authority seminar that was held at Biopolis in Buano Vista. She highlighted the fact that currently, different regulations and agencies are set to control the gambling products offered in the country, such as casinos, private clubs’ fruit machines as well as online gambling. The Second Minister for Manpower and Home Affairs also gave her assessment for the approach, saying that such partial strategy and measures would hardly be sustainable or suitable enough in order for the constantly increasing difficulties related to the existing gambling landscape.

The seminar, at which Ms. Teo was present, was aimed at outlining the history of the agency and providing better perspective of the future challenges it is expected to face. It was held as an one-day event in conjunction with the 10th anniversary of the Casino Regulatory Authority.

Singapore Gambling Sector to Face Further Challenges

Increasing regional competition was pointed as one of the most serious challenges posed to Singapore casinos. Ms. Teo also predicted that competition for tourism revenues is to become even stronger, with a lot of jurisdictions keeping their eyes on the Singapore integrated resort (IR) concept. According to the Second Minister, the local integrated resorts would face some difficulties to stay ahead of competition.

Singapore is currently home to two integrated casino resorts. The first one, Resorts World Sentosa, is run by Genting Singapore Plc, while the second one, Marina Bay Sands, is operated by a division of Las Vegas Sands Corp. Integrated resorts, however, are not a special trademark of Singapore only, as other jurisdictions have been aimed at adding IRs to their gambling industries as well. Japan, for example, is slowly but surely approaching a regulated casino industry that is to feature casinos as part of larger hotel, gaming and entertainment complexes.

Technological disruption, on the other hand, has been outlined as another major challenge to be faced by the gambling sector in Singapore. New game types, new payment methods as well as new gaming machines are constantly added, which basically means that local casino regulatory authorities need to review their methods and establish qualitative control to adequately face the latest developments of the industry. According to Ms. Teo, regulations could and need to evolve in order to allow a more coherent system to be set and to maintain the balance between efficient regulation and keeping the market open for innovations.

For some time now, the Ministry of Home Affairs of Singapore has been preparing for certain development, with the competent authorities being studying the wider gambling regulatory framework in the country. Ms. Teo urged the Casino Regulatory Authority to put more efforts into building up capabilities, stamina, new and more effective strategies and integrity in order to adapt to the new demands of the local market.

The post Singapore Needs Greater Consolidation of Casino Regulators, Says Josephine Teo appeared first on Casino News Daily.

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MMCT faces hurdle for its casino in Connecticut

National Indian Gaming Association chairman kicks-off Indian Gaming Tradeshow and Convention in Las Vegas

5:55 AM 0
Casino City Times
National Indian Gaming Association chairman kicks-off Indian Gaming Tradeshow and Convention in Las Vegas
NIGA Chairman Ernie Stevens, Jr. welcomed attendees, tribal leadership, gaming professionals and industry leaders to network and recognize dignitaries and special guests.
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Canberra Casino Owners Claim ACT Government Kept Quiet about Pokies Legislation Changes

12:12 AM 0
Casino News Daily
Canberra Casino Owners Claim ACT Government Kept Quiet about Pokies Legislation Changes

Aquis Entertainment Group, which currently owns Canberra Casino, made claims that the Australian Capital Territory (ACT) Government kept the company uninformed for almost a year and a half about the details of its legislation set to greenlight poker machines at the Canberra Casino.

Jessica Mellor, who is the Chief Executive Officer of Aquis, released a statement to the stock exchange, following the Government’s decision to provide the company with a month-long period to confirm its further plans for the Canberra Casino. As Casino News Daily reported, the casino owner was given until May 14th to submit a final proposal for the redevelopment of Canberra Casino.

The first bid made by Hong Kong mogul Tony Fung majority-owned Aquis in 2015 amounted to A$330 million, with the company seeking permission to operate 500 poker machines on local premises. The negotiations, however, failed to reach a compromise for several years, fueling the uncertainty about the redevelopment project’s fate. Then, in 2017 an agreement was reached between the Australian Greens and the Labor Party, under which legislation could allow up to 200 pokies in the redeveloped Canberra Casino. Moreover, 60 electronic table games could also be added to the casino offerings under certain regulatory rules.

A few months after the legislation was officially rolled out, Aquis Entertainment was given some time to make an update on its unsolicited bid in a month. Gordon Ramsay, Attorney General, commented on the matter at the time when the announcement was made, saying that the casino expansion was important part of the Government’s plans to reduce the poker machines in the Australian Capital Territory from about 5,000 to 4,000 over the next couple of years.

Aquis Would Have to Consider the Redevelopment Again

As mentioned above, the Chief Executive Officer of Aquis claimed that the company did not get a response from the Government detailing it about the legislation update for 17 months after the case was lodged in June 2016.

Still, Ms. Mellor pledged that the Canberra Casino owner is to respond to the Government’s request within the timeframe provided, but she explained that the company would have to undertake a thorough consideration on the matter in order to assess the potential impact of such a step under stricter regulatory rules. Aquis’ CEO further shared that the company remains willing to develop an integrated resort in Canberra and said it would work in collaboration with the Government in order to achieve its goals.

In case that Aquis Entertainment goes on with its bid to add 200 pokies as part of Canberra Casino redevelopment, it would be forced to operate under stricter regulatory rules. The company would have to purchase 300 poker machine operating licenses, despite the fact it would lose 100 of them. Also, a maximum bet limit of A$2 is to be allowed at the poker machines.

The post Canberra Casino Owners Claim ACT Government Kept Quiet about Pokies Legislation Changes appeared first on Casino News Daily.

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Thursday, April 19, 2018

Monmouth Park Racetrack anxiously awaiting PASPA decision

6:09 PM 0
World Casino News
Monmouth Park Racetrack anxiously awaiting PASPA decision

In New Jersey, Monmouth Park Racetrack is reportedly anxiously waiting to hear whether the United States Supreme Court will overturn the existing Professional and Amateur Sports Protection Act (PASPA) so that it may offer legalized sportsbetting. According to a Tuesday report from the Asbury Park Press newspaper, horses are due to start arriving at the […]
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Lights FC to participate in 2018 US Open Cup

11:45 AM 0
Casino City Times
Lights FC to participate in 2018 US Open Cup
The Las Vegas Lights FC will play on 16 May at 7:30 p.m.
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Betgenius appoints Alonso Jibaja to lead LatAm expansion

6:11 AM 0
Casino City Times
Betgenius appoints Alonso Jibaja to lead LatAm expansion
Jibaja brings over five years of experience in the sports betting and iGaming sector, along with an in-depth understanding of the Latin American market and local operator requirements.
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Wednesday, April 18, 2018

TWiG: US sports betting and the British invasion

11:57 PM 0
Casino City Times
TWiG: US sports betting and the British invasion
We're on the verge of regulated sports betting in America. And British bookmaker William Hill has been preparing for this since 2012.
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LRWC to decide on Boracay casino

UK Lottery Sector Sees Significant Diversification, Says UKGC Executive Director

12:21 PM 0
Casino News Daily
UK Lottery Sector Sees Significant Diversification, Says UKGC Executive Director

Today, the Lotteries Council gave the start to its two-day Annual Conference and Networking Event, with various exhibitors taking part.

The UK Gambling Commission (UKGC) also became part of the Conference and its Executive Director Tim Miller gave a speech, addressing the event’s participants and praising the work done by the Lotteries Council.

Mr. Miller used the opportunity to highlight the relationship between lotteries and good causes, revealing that the demand for services provided by charity organizations and good causes has significantly risen over the last few years. The Executive Director of the Commission further reminded that lottery has been an essential source of income for various good causes which local communities take advantage of.

In his speech over one of the first speaker sessions at the Conference, Mr. Miller explained that lotteries and returns to good causes optimization has been one of the five key objectives included in the three-year Strategy which the UKGC published in November 2017. He further shared that the major gambling regulator in the UK remains focused on making sure that lotteries would be able to contribute to society through good causes donations.

Miller Brings More Light on UK Lottery Sector

According to Mr. Miller, optimizing returns to good causes from UK lotteries is a good starting point when it comes to the Commission’s intentions to ensuring a safe and transparent lottery sector. He confirmed that the gambling regulatory body intends to continue making efforts to provide lotteries with the chance to generate as much as possible for good causes.

The UKGC Executive Director also brought more light to the steps that the Commission plans to take in the future in order to optimize returns to good causes in society lotteries. In addition, he reminded that the main principle for running lotteries under the Gambling Act is that UK lotteries are aimed at raising money for good causes, rather than for any commercial gain. According to Mr. Miller, the fact that the proceeds gathered by local lotteries are redirected to various good causes aimed at helping communities is among the main motives for people to continue playing lotteries.

For the time being, approximately 500 society lotteries and 40 External Lottery Managers are licensed by the UK Gambling Commission. As revealed by Mr. Miller, there has been a significant increase in the number of local authorities that promote lotteries in order to raise funds for a certain cause. Currently, a total of 30 local authorities have been granted with a UKGC license, with another 10 applying for one. In any case, the Executive Director of the UK gambling regulator confirmed that growth has been marked in the lottery sector of the UK.

Mr. Miller also emphasized on the fact that these days the country’s lottery sector has been diverse, especially considering the fact that customers are provided with the chance to take part in lotteries through various online applications, as well as through more traditional methods. He shared that the marketing in the sector has become more sophisticated, with special attention paid on the TV, social media and other online advertising methods.

The post UK Lottery Sector Sees Significant Diversification, Says UKGC Executive Director appeared first on Casino News Daily.

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Max Young wins MSTP Golden Gates for $97,810

6:12 AM 0
Casino City Times
Max Young wins MSTP Golden Gates for $97,810
The 33-year-old poker pro emerged from a "dry spell" to take first place in the Main Event in Black Hawk, Colorado.
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Las Vegas local hits life-changing $621k Buffalo Grand jackpot at The Orleans

12:32 AM 0
Casino City Times
Las Vegas local hits life-changing $621k Buffalo Grand jackpot at The Orleans
The lucky winner has elected to remain anonymous.
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Tuesday, April 17, 2018

Galaxy Scraps Boracay Casino Plan, Seeks Alternative Site

5:48 PM 0
Casino News Daily
Galaxy Scraps Boracay Casino Plan, Seeks Alternative Site

Macau casino operator Galaxy Entertainment Group has scrapped plans to build a $500-million gaming resort on Boracay and will seek an alternative site for a project of similar scale, an official from the Philippine Department of Tourism told media today.

It became known earlier this year that Galaxy has partnered Philippine gaming group Leisure and Resorts World Corporation to seek approval for an integrated resort with a casino floor in the popular tourism destination. The two companies were granted a provisional license from the Philippine Amusement and Gaming Corporation, PAGCOR, last month and secured a 23-hectare site on Boracay for their resort.

News about Galaxy’s plan to enter the Philippine gaming and hospitality industry emerged at the time when Boracay was making the headlines for another reason. Following an environmental review, the findings of which were made public in February, Philippine President Rodrigo Duterte called the popular tourist hub a “cesspool” and undertook steps to close it for an environmental cleanup.

An order for the island’s closure was issued in April. Boracay is now set to be closed for a period of six months starting April 26.

During a Tuesday press conference on Boracay, Tourism Assistant Secretary Frederick Alegre said that Galaxy has informed the Department of Tourism that it would no longer pursue plans for a large-scale resort on the island and will look for another site across the Philippines to develop a similar property.

The Department of Tourism official also explained that the company and its local partner will have to repeat the whole accreditation process and to obtain a new provisional license from PAGCOR.

The announcement about Galaxy backing off from its previous plan comes a week after a spokesman for President Duterte said that the country’s top official would not permit the construction of a casino on the island.

Upcoming Cleanup

A recently conducted environmental review of the island discovered that a number of structures had been built without the necessary permissions. In addition, nearly 200 businesses were found to have been discharging waste water into the sea without the proper treatment, thus polluting the water and risking the health of swimmers.

The upcoming closure of Boracay is expected to pave the way for tearing down illegal buildings, building a waste-to-energy plant, and constructing a bypass to mitigate traffic. No budget for the environmental cleanup has been announced yet and crucial details about how it will be carried out are yet to be revealed.

Experts and environmental officials have pointed out that six months may not be enough of a rehabilitation period and that the planned cleanup may go beyond that period. However, they have agreed that the overhaul is necessary as the island has been struggling with the strain of over two million tourists each year.

The post Galaxy Scraps Boracay Casino Plan, Seeks Alternative Site appeared first on Casino News Daily.

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Steve Wynn settles long-running legal battle with former wife

11:45 AM 0
World Casino News
Steve Wynn settles long-running legal battle with former wife

In Nevada, yesterday reportedly saw the former Chief Executive Officer for American casino operator Wynn Resorts Limited, Steve Wynn, settle his almost six-year legal battle with former wife Elaine Wynn (pictured) over claims he had breached their shareholders agreement. According to a Monday report from the Las Vegas Review-Journal newspaper, 75-year-old Elaine Wynn had helped […]
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MGM to sell Grand Victoria Casino

Hard Rock Seeks Site Approval for Atlantic City Casino

12:21 AM 0
Casino News Daily
Hard Rock Seeks Site Approval for Atlantic City Casino

Gaming and hospitality company Hard Rock International will today seek site approval for its $500-plus-million casino resort on the Atlantic City Boardwalk from the New Jersey Casino Reinvestment Development Authority. The state agency is set to hold a public meeting later today and the Hard Rock project is on its agenda.

Local news outlet Press of Atlantic City reports that the Florida-based company will seek preliminary and final approval of the site of its new property. There are no further details on the variances sought by the gaming and hospitality operator.

Hard Rock bought the former Trump Taj Mahal casino resort from New York hedge fund investor Carl Icahn last spring. The company said that it would invest more than $500 million to redesign and renovate the property, which closed doors in October 2016 amid prolonged workers’ strike and heavy financial struggles.

The shuttered resort will be rebranded as Hard Rock Hotel & Casino Atlantic City and will have Trump Taj Mahal’s iconic minarets and domes ousted and replaced with Hard Rock’s logo and signature guitars. The renovated property is scheduled to open doors this summer.

Official Opening Date

Hard Rock will be seeking a final site approval from New Jersey authorities just a day before its planned three-city press conference during which it will reveal crucial details about its new operation, including its official opening date.

The Florida-headquartered company will livestream its conference this Wednesday from Hard Rock Cafe Times Square in New York to Hard Rock Cafe Philadelphia and Tanger Outlets The Walk in Atlantic City. Aside from the opening date for Hard Rock Atlantic City, company officials will also provide information for the resort’s entertainment lineup.

Hard Rock’s new casino resort will not be the only one to open doors on Atlantic City’s Boardwalk this year. The failed Revel is slated to reopen this summer, although an official date is yet to be announced.

The $2.4-billion hotel and casino resort originally launched in 2012. It was shuttered a little over two years later after failing to turn a profit. The property was then sold to Florida real estate developer Glenn Straub for $82 million, or just a fraction of what it had cost developers to build it.

Straub planned to invest big in the property and turn it into a profitable one, but failed to meet several self-imposed reopening dates. News emerged late last year that the former Revel was sold to Colorado developer Bruce Deifik for $200 million. The property is currently undergoing a transition into Ocean Resort Casino.

New casino resorts are opening doors on the Boardwalk amid a rapid growth of New Jersey’s Internet gambling market and at a time when the state is awaiting a US Supreme Court decision on sports betting that could change not only New Jersey’s but the country’s gambling scene drastically as it could open the door to a multi-billion industry.

The post Hard Rock Seeks Site Approval for Atlantic City Casino appeared first on Casino News Daily.

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Monday, April 16, 2018

Dover Downs poker room guarantees $70K in prizes over Memorial Day weekend

5:40 PM 0
Casino City Times
Dover Downs poker room guarantees $70K in prizes over Memorial Day weekend
Four no-limit Hold'em tournaments will be held from 25 to 28 May.
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Uncertainty surrounds Casino Canberra redevelopment plan

11:57 AM 0
World Casino News
Uncertainty surrounds Casino Canberra redevelopment plan

In Australia, the government for the Australian Capital Territory (ACT) has reportedly declared that it is only prepared to continue supporting the $257 million plan to redevelop Casino Canberra if the firm behind the scheme agrees to several conditions it laid out as part of legislation passed in November. According to a Sunday report from […]
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Settlement ends Richmond casino proposal

Sunday, April 15, 2018

Partypoker launches new partypoker LIVE $$$

11:56 PM 0
World Casino News
Partypoker launches new partypoker LIVE $$$

With the launch of partypoker LIVE $$$, top online poker room partypoker now offers their players more value when it comes to satellite options for major events. Players can use partypoker LIVE $$$ to gain entry into LIVE events as well as side events taking place during major live poker festivals. Partypoker LIVE $$$, PPL$$$, […]
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Caesars to Manage Two Non-Gambling Resorts in Dubai

6:12 PM 0
Casino News Daily
Caesars to Manage Two Non-Gambling Resorts in Dubai

Caesars Entertainment Corp. announced today plans to operate two hotels and a beach club in Dubai. The properties will be located on the artificial Bluewaters Island, off the Jumeirah Beach Residence coast line, and are slated to open doors in the fourth quarter of the year.

The two resorts will not feature casinos as gambling is banned across the United Arab Emirates. They will be Caesars’ first-ever non-gaming properties.

The Las Vegas gaming and hospitality giant said in a statement from earlier today that it has partnered local real estate, tourism, and hospitality company Meraas Holding to work with in Dubai.

As mentioned above, Caesars Palace Bluewaters Dubai and Caesars Bluewaters Dubai are expected to launch later this year. The former, named after Caesars’ flagship property Caesars Palace in Las Vegas, will feature 178 luxury hotel rooms, two outdoor and one indoor swimming pools, a spa and a health center, an event center, a business center, and six restaurants. The property will also include facilities for meeting and conference activity.

Caesars Bluewaters Dubai will have 301 hotel rooms for guests, two swimming pools, both of which located outdoors, three meeting rooms, a 9,000-square-foot event hall, and food and beverage facilities. Both hotels will provide their guests with access to a nearly 5,000-square-foot private beach.

The two new resorts come as a manifestation of Dubai’s strategy to diversify its economy and improve the experience the city offers to both residents and visitors under the Dubai Plan 2021.

Planned Expansion

Announcing its Dubai hotel resorts, Caesars embarks on a planned expansion of its global footprint which it first revealed last spring. The company’s main operating unit recently emerged from bankruptcy and is now looking for opportunities to extend its presence across the globe.

Dubai is the first new destination Caesars is entering as part of its growth strategy and the first one where the major operator will operate non-gaming facilities. Bob Morse, President of Hospitality for Caesars, told media that the Gulf region is gradually becoming an attractive investment destination with the efforts made by local rulers to reduce states’ dependence on oil and diversify their economies.

Commenting on the fact that the two Dubai hotels would not feature casinos, Mr. Morse said that while gambling is prohibited in the region, it has a large expatriate population and part of their Gulf customers would certainly feel attracted to Caesars’ casino gaming resorts across the United States.

The official further pointed out that the Las Vegas gaming and hospitality giant has set sights on other parts of the world and would expand its non-gaming business even more in the coming years. Mr. Morse revealed that they are actively pursuing expansion opportunities across Asia, the Middle East, Europe, and the United States.

The post Caesars to Manage Two Non-Gambling Resorts in Dubai appeared first on Casino News Daily.

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International Tourism Security Conference returns to Las Vegas

11:36 AM 0
Casino City Times
International Tourism Security Conference returns to Las Vegas
Experts from around the world will gather this week at Treasure Island Casino to share best practices during the conference's 25th year.
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China Moves to Expand Gambling on Hainan

6:01 AM 0
Casino News Daily
China Moves to Expand Gambling on Hainan

China announced plans to expand gambling in Hainan in a bid to help its ailing southernmost province. The planned expansion will include the development of horse racing and of an instant and sports lottery. According to experts, the move could eventually lead to China opening the door to casino-style gambling in the island.

Gambling is generally banned in China with very few exceptions. Just two types of lotteries are allowed within the country’s borders under current laws. Horse racing is allowed to a limited extent, while the provision of sports betting services is strictly prohibited.

Macau is currently the only place in China where casino gambling is legal. The special administrative region has kept its casino monopoly for decades and has drawn some of the world’s largest casino companies, including Las Vegas Sands and MGM Resorts International. It is believed that if the Chinese government softens its stance on gambling and allows casinos in other parts of the country, including Hainan, Macau could suffer its hardest economic blow since its gaming industry was established.

According to a reform approved by China’s cabinet on Saturday, it will support different projects that could help Hainan’s tourism industry and economy, including the development of horse racing. The document further read that the province should explore lottery products such as instant lottery and sports lottery on major international games.

Bloomberg reported in February that the Chinese government was considering the legalization of several forms of gambling in Hainan. Citing sources familiar with the discussions, the news outlet said that online gambling, horse racing, and lottery were among the options mulled by the President Xi Jinping-led cabinet. Online gambling was not mentioned in the reform agenda published on Saturday.

Rescue Plan

China’s support for expanded gaming on the island comes at a time when it desperately needs a heavy economic boost. Hainan has long been a popular tourist destination, annually drawing millions of tourists with its sandy beaches and resorts.

However, it is currently suffering a serious fiscal deficit as its largest conglomerate HNA Group Co. is embroiled in a debt crisis after a risky global expansion.

Aside from expanded gaming, the President Xi-promoted reform package includes different other initiatives aimed to draw interest from investors and help the island recover. Hainan will thus look to boost its tourism industry by increasing the number of international flights to the island and developing beach and water sports.

During a visit to the southernmost province, President Xi revealed that the reform agenda would include setting up a Hainan free trade zone by 2020, a ban on the sales of fossil-fuel vehicles, and development of artificial intelligence and virtual reality. These and many more were indeed included in the reform plan, published Saturday.

The post China Moves to Expand Gambling on Hainan appeared first on Casino News Daily.

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Saturday, April 14, 2018

Wynn’s name could be removed from casino licence

New high limit area opens at Resorts World Catskills

12:09 PM 0
World Casino News
New high limit area opens at Resorts World Catskills

After opening their brand new 5,000 square foot poker room in March, Resorts World Catskills has now announced the grand opening of a new high limit area. Located on the third floor of the facility, the latest addition includes 38 tables games with such options as Pai Gow Tiles, roulette, blackjack and baccarat. During the […]
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Florida Legislators Negotiate Special Session in Last-Ditch Effort to Settle Gambling Issues

6:17 AM 0
Casino News Daily
Florida Legislators Negotiate Special Session in Last-Ditch Effort to Settle Gambling Issues

There is still no agreement or recommendations for a special legislative session in Florida, incoming Senate President Bill Galvano told local media on Friday.

It has become known that state lawmakers are considering a special two-day session at the end of April to discuss and hopefully agree on a comprehensive gambling legislation after failing to complete the task during the regular session.

Legislators convened January 9 for a 60-day session. The two chambers of the state Legislature each tabled a gambling-oriented bill earlier this year but failed to reach an agreement on the future of Florida’s gambling industry before they adjourned on March 9.

News about ongoing negotiations over a special session emerged after House Speaker Richard Corcoran voiced concerns that the state budget could lose much-needed gaming revenue from the Seminole Tribe, which currently pays hundreds of millions to the state in exchange for exclusivity over blackjack.

A special session could be the Florida Legislature’s last chance to introduce changes to gambling laws without having to ask residents for their opinion on the matter. Florida residents will cast their vote at the November ballot on a constitutional amendment that, if approved, will limit significantly legislators’ power over gambling-related issues. Under the proposed amendment (Amendment 3) any reforms to the state’s existing gambling law should first be approved by a voters’ majority.

Sen. Galvano told local news outlet Florida Politics that there are ongoing discussions over a special legislative session but an agreement or recommendations for the move are yet to be made.

The Seminoles Not in Contact with Legislators

Local news outlet Tallahassee Democrat reports that the Seminole Tribe has not been in contact with Florida lawmakers since negotiations over a special session have begun.

The tribe was required to make monthly payments to the state under a 2010 compact in exchange for exclusivity over the provision of blackjack within Florida. That portion of the compact expired in the summer of 2015 and tribal officials threatened to stop making the payments, arguing that the state breached their agreement by allowing non-tribal facilities to offer designated player games.

The tribe continued making the monthly payments over the next two and a half years since July 2015, while discussing the terms of a new compact with the state. However, the two parties have failed to reach a new agreement so far.

Under a previous settlement over blackjack litigation, the tribe had to make monthly payments up until March 31, 2018. It was no longer obligated to share a portion of its revenue with the state after that date.

Barry Richard, attorney for the tribe, told local media that the Seminoles were in no hurry to “stop those payments” as they were dependent on the state’s economy. He went on to say that if the tribe is offered exclusivity over more table games or extension of the compact, it may agree to contribute additional revenue to the state.

The post Florida Legislators Negotiate Special Session in Last-Ditch Effort to Settle Gambling Issues appeared first on Casino News Daily.

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Chess Grandmaster Viswanathan Anand to Announce India’s PSL Season 2 Teams

12:18 AM 0
Casino News Daily
Chess Grandmaster Viswanathan Anand to Announce India’s PSL Season 2 Teams

Legendary chess player Viswanathan Anand will be presiding the opening ceremony of the second edition of India’s Poker Sports League (PSL). On April 15, the famous Chess Grandmaster will announce the teams that will take part in Season 2 of the country’s very first poker league. Qualifiers for the tournament are currently running online and live while in the Grand Finale will be held in Goa next month.

As poker is quickly gaining popularity in India, several poker leagues have been established in the past couple of years, led by the Poker Sports League (PSL). Recently, it announced that Viswanathan Anand would be the PSL brand ambassador and will be promoting it via different media channels. Anand, who is a Chess Grandmaster and a former World Chess Champion, has compared the two games, saying that they are both games of skill. Admitting that he is intrigued by poker, the chess player is now stepping up to endorse it in India where it was illegal until 2015.

On Friday, the PSL said that Anand is to preside the opening ceremony for Season 2 of the increasingly popular poker league. He will unveil the twelve teams that will play during the Grand Finale events and will show the trophy that would be awarded to the top players in May. The opening ceremony will be held April 15 at the PlayBoy Club in Hotel Samrat in New Delhi.

The twelve teams of 10 players will compete against each other for a prize pool of INR3.6 crores, which is INR30.6 million or in US dollars – around $468,800. Each team consists of one mentor and captain, two pro players, two live qualifiers, three online qualifiers and two wild-card entrants. Tournament games will be in several formats, including Texas Hold’em and Omaha. One of the most important things is that the league is intended for Indian citizens, so there will be no foreign players qualifying for the tournament.

Improving Poker Image Drives India’s Growing Market

After a ruling in India’s Supreme Court last year, the government allowed states to allow playing online games of skill for money. While it all started with legalizing rummy, the liberalization of the laws in the country continued with allowing real money games for real money, as long as they are games of skill and not chance. In fact, poker operators and leagues, including the Poker Sports League, promote it as a sport, in which success is determined by skills and knowledge rather than luck. Apart from PSL, which was the first poker league to launch in India last year, there are several other events such as Match Indian Poker League and Global Poker League India. PokerStars has also entered the Indian market recently and its first tournament launches April 17.

Most of the poker tournaments in the country cater to Indian nationals and for instance, the PSL accepts only players from India. However, in order to improve its image even further, founders of the league have invited Viswanathan Anand as PSL brand ambassador. In addition, it will be introducing several non-Indian wildcard entrants. The first of them was announced late last month – Dylan Linde from the United States who has multiple awards, including a World Series of Poker Circuit gold ring. He has won $1.7 million in live tournaments, while his online winnings are close to $6 million.

With over 1.3 billion people, India is the second-most populous country (after China) and its newly created poker market has a huge potential for growth. PSL Season 1 reached to more than 4.5 million people on Facebook and the final was streamed to around a million poker fans across the country. The second edition will be streamed on Facebook and in addition, it will be telecast in June on the sports channel Dsport, which is part of the Discovery TV network.

The post Chess Grandmaster Viswanathan Anand to Announce India’s PSL Season 2 Teams appeared first on Casino News Daily.

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Friday, April 13, 2018

Japan looks to deter fraudulent casino applications with hefty fines and jail time

6:00 PM 0
World Casino News
Japan looks to deter fraudulent casino applications with hefty fines and jail time

Included in new legislation that will make its way to Japan‘s National Diet this month is a penalty of up to ¥500 million (US$4.7 million) that will reportedly be assessed to casino operators if it is discovered that they have acquired their business licenses via fraudulent means. The Japan Times reports that the Minato-based Kyodo […]
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Caesars Entertainment announces agreement to bring Harrah's-branded tribal casino to northern California

12:15 PM 0
Casino City Times
Caesars Entertainment announces agreement to bring Harrah's-branded tribal casino to northern California
Caesars Entertainment will license the Harrah's brand name to the Buena Vista Gaming Authority as part of a new $168 million development that broke ground 11 April 2018.
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World Series of Poker announces updated Player of the Year formula

5:52 AM 0
Casino City Times
World Series of Poker announces updated Player of the Year formula
In response to player feedback, WSOP has adjusted the formula to better reward bracelet winners and players who run deep, while still rewarding consistency.
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Scientific Games to showcase latest innovation, technology and enhanced digital offering at NIGA

12:32 AM 0
eGaming
Scientific Games to showcase latest innovation, technology and enhanced digital offering at NIGA

Scientific Games Corporation is set to bring a its line-up of industry- leading innovation, ground-breaking technology and a significant new digital offering to the Indian Gaming Tradeshow & Convention next week.

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Thursday, April 12, 2018

Harrah’s Cherokee to Welcome WSOP Circuit Festival on April 12

6:18 PM 0
Casino News Daily
Harrah’s Cherokee to Welcome WSOP Circuit Festival on April 12

The 2017/2018 season of the popular World Series of Poker (WSOP) Circuit continues with a stop at Harrah’s Cherokee Hotel and Casino in Cherokee, North Carolina. Ring-event action kicks off Thursday, April 12, and runs for twelve days, with the $1,675 Buy-In Main Event offering $1 million in guarantees.

This is the third time in the 2017/2018 season Cherokee hosts events from WSOP Circuit and a total of 12 official WSOP Circuit Event rings will be rewarded until April 23. Those who decide to take part will also play for more than $3 million in guarantees, which will be granted throughout the twelve events in the series. There will be as many as 150 tournament tables and LIVE cash games will be held on up to 55 tables. The festival offers several different formats for the games, including No-Limit Hold’em, Omaha 8 or Better, and Pot Limit Omaha, as well as special Ladies and Seniors events, which will cost only $250 to enter.

The majority of tournaments during the 12-day festival feature a buy-in of $365, with only one event having a $580 entry. Another exception is, of course, the Main Event which comes with a buy-in of $1,675 and an attractive guaranteed prize pool of $1 million. It starts at 11:00 a.m. local time on Friday, April 20, and the player who wins the trophy will also earn a seat to the 2018 Global Casino Championship. The current festival at Harrah’s Cherokee will award players points based on cashing in the qualifying events. Points form the ranking on the WSOP Circuit leaderboard.

2018 Global Casino Championship

The festival which starts Thursday, April 12, is the 24th series in the 2017/2018 WSOP Circuit. Only two more stops will follow before the end of the season, with the first one scheduled for April 26 – May 7 at the Horseshoe Baltimore. Harrah’s New Orleans will then host the last festival of the circuit from May 10 through May 21. The finale comes with the Global Casino Championship, which is an exclusive, invitation-only tournament. These are the events in the Domestic Tour, while the WSOP Circuit International Tour has one remaining stop – it will be held from May 13 through May 29 at Sochi Casino and Resort in Sochi, Russia.

The prestigious 2018 Global Casino Championship is the culmination of the 2017/2018 season but it also represents the start of the next season. This year, it will take place from August 7 to August 9 at Harrah’s Cherokee in the picturesque Smoky Mountains. The Circuit Finale will award at least $1 million in guarantees and the winner will also receive a WSOP gold bracelet. Free seats are granted to the Main Event winners of all 26 festivals during the season, including the current tournament at Harrah’s Cherokee. In addition, free entries to the Championship are received by those with the Casino Champion title – these are the players earning the most series points during each stop of the circuit.

The post Harrah’s Cherokee to Welcome WSOP Circuit Festival on April 12 appeared first on Casino News Daily.

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PokerStars and players raise $50,000 for Right To Play

11:48 AM 0
Casino City Times
PokerStars and players raise $50,000 for Right To Play
Last week, PokerStars made a $10 donation on behalf of the first 5,000 players who signed up to play in the multi-table Play Money charity tournament.
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Playtech completes Ladbrokes omni-channel functionality deal

6:07 AM 0
World Casino News
Playtech completes Ladbrokes omni-channel functionality deal

Last month saw online casino games and systems innovator Playtech complete its deal to provide the Ladbrokes-branded betting shop estate of British sportsbetting giant Ladbrokes Coral Group with omni-channel functionality. London-listed Playtech stated that the agreement was concluded after its Playtech BGT Sports sportsbetting solutions subsidiary finished integrating the operator’s self-service betting terminals with its […]
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National Congress of Brazil Puts Gambling Legalization Hopes to End

12:04 AM 0
Casino News Daily
National Congress of Brazil Puts Gambling Legalization Hopes to End

Plans for land-based casino gambling legalization have fallen apart in the Chamber of Deputies, and the Senate’s Committee on Consultation, Justice and Citizenship made an unexpected move on the gambling bill.

The plans for the long-awaited gambling legalization seem to be slowing down, with the prospect of gaming becoming legal in Brazil now looking smaller after facing major hurdles in both chambers of the country’s National Congress.

A new proposal to greenlight only land-based casino gambling has recently been rolled out by the Brazilian Ministry of Tourism, but it was soon prevented from happening, after facing the opposition of a number of lawmakers.

A piece of legislation which presented plans for the development and construction of 32 casino resorts in Brazil was officially introduced as an amendment to a tourism reforms package in February 2018. The casino resorts in question were planned to be established across the entire country, with at least one venue situated in each sate and the capital Brasilia, two venues in Minas Gerais, Rio de Janeiro and Bahia, and up to three casinos proposed to be established in Sao Paulo.

Deputy Cesar Halum, however, commented on the proposed bill, characterizing the proposal as a “pirate amendment”, which could not be related to the main issue of the original bill. According to Mr. Halum, all forms of gambling should be given the green light together, as proposed in bill PL 442/1991. The latter has been rolled out earlier in 2018 and is currently waiting for the lower house to have a vote. Halum explained that all gaming modalities must be legalized together, or not legalized at all.

According to deputy Joao Carlos Bacelar, gambling legislation would liberalize local gaming market and would come as an exclusive benefit of large US gambling operators and companies that want to take advantage of the Brazilian market in general.

Other Gambling Legislation Attempts

Earlier in March, a proposed piece of legislation that would have made allowed some gambling services to be offered to local customers got turned down by the Senate Constitution and Justice Committee. The proposed piece of legislation, called PL 186/2014, contained provisions concerning the legalization of land-based bingo halls and casino venues, as well as provisions related to video gaming, sports betting, jogo do bicho and online gaming.

The bill reached the Senate Constitution and Justice Committee but was eventually turned down. In spite of the fact that the Committee rejected the proposed piece of legislation, there was still hope for the PL 186/2014 bill to proceed in the country’s National Congress, since it can be voted in a special plenary meeting in case that a Senator requests such a review.

The negative vote on the above-mentioned piece of legislation came shortly after a proposal for the legalization of land-based casino gambling was made by the Brazilian Ministry of Tourism. Unfortunately, the fate of gambling legalization seems uncertain now, with the amendments set to be brought to the current status quo rejected by local lawmakers.

The post National Congress of Brazil Puts Gambling Legalization Hopes to End appeared first on Casino News Daily.

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Wednesday, April 11, 2018

Betrally spotlights series of promotions

6:21 PM 0
Casino City Times
Betrally spotlights series of promotions
At BetRally Casino and BetRally Sports, established and new players alike can take advantage of multiple bonus offers throughout April.
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Japan’s Yuki Ko Wins 2018 APPT Korea National Championship for $31,800

12:15 PM 0
Casino News Daily
Japan’s Yuki Ko Wins 2018 APPT Korea National Championship for $31,800

Japanese poker pro Yuki Ko won the championship title in one of the major events of this year’s Asia Pacific Poker Tour (APPT) series, which after a successful run in Macau continued with a stop in South Korea. Along with the first place trophy for APPT Korea National Championship and a cash prize of around US$31,800, Yuki Ko took home the $30,000 Platinum Pass for the PokerStars Players NL Hold’em Championship in the Bahamas.

This year, Asia Pacific Poker Tour is running for more than ten days in Paradise City Hotel & Casino in Incheon, South Korea, from April 6 through April 15. It is gathering some of the top players not only in Asia but also a large number of poker pros from all over the world. Among its major events, we saw the intriguing APPT Korea National Championship which took place from April 8 until April 11 and drew 226 players. With a buy-in of KRW700,000 (KRW630,000+70,000) or $650, the event managed to reach the initial guarantee of KRW80,000,000 and collected a prize pool of $128,440. Interestingly, Japanese players made the largest portion of the field (22.8%), followed by China (17.4%) and the USA (12.6%), according to official data released by APPT Korea. Overall, 26 nationalities were represented in the National Championship.

The final table saw nine players who returned to compete for the championship title and the $30,000 Platinum Pass for the exciting PokerStars Players NL Hold’em Championship which will be held January 2019 in the Bahamas. Among the final nine, there were several familiar faces such as 2017 PokerStars Festival Korea Champion Taehoon Han from New Zealand and WPT Korea title holder Pete Chen (Taiwan). Chip leader was Chinese player Sheng Li who entered with 1,110,000 chips, followed by Han with his 995,000 chips. The others on the final table were Japan’s Genki Nakano, Yuki Ko, Masakazu Okamoto, and Kunimaro Kojo, UK’s Simon Burns, and Korea’s only representative who reached this level, Jaebok Ryu.

All players were guaranteed to pocket at least KRW3.45 million, which is the equivalent of around US$3,245. Most were eliminated and after Burns exited in third place (KRW14,225,000), Taehoon Han and Yuki Ko got heads up for the National Championship title. The interesting thing was that last year, the two found themselves in the same situation but for the PokerStars Festival Korea Main Event in 2017. Back then, Han dominated over Ko and won the title along with a cash prize of $74,000. This year, however, at ATTP Ko managed to come out victorious, banking KRW33,835,000 ($31,800) and taking home the PSPC Platinum Pass. Ending up second, Taehoon Han was given a consolation prize of KRW22,100,000 or $20,775.

2018 APPT Korea Granted Diego Palma Another Platinum Pass

Another poker player will be heading to the Bahamas next year after winning in one of the events during this season of APPT series in Korea. This was Diego Palma, a 30-year-old professional sports bettor from Chile. He defeated Hong Kong’s Ting Shum Kwok heads-up in the APPT Kickoff, one of the three events promising Platinum Passes for winners during APPT Korea. The Kickoff saw 377 players ante up the KRW350,000 buy-in (US$325), while only 47 of them made it to the money level where they won a minimum of KRW550,000 ($515). The event increased the guarantee to KRW115,192,350 or approximately US$107,680.

This year’s APPT Korea gives 4 four $30,000 PSPC Platinum Passes to the winners of the three major events – APPT Kickoff, APPT National, and APPT Main Event (April 12 – April 15). In addition, tour organizers will hold a random Platinum Pass draw at the start of Day 2 of the APPT Main Event. All surviving players will have the chance to win the Platinum Pass which gives them a $25,000 seat to the PSPC event, $2,000 in food and beverage allowances, as well as six nights’ accommodation at Atlantis Resort, Nassau, in the Bahamas.

The post Japan’s Yuki Ko Wins 2018 APPT Korea National Championship for $31,800 appeared first on Casino News Daily.

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AGS names Mike McKiski VP of Sales

5:52 AM 0
World Casino News
AGS names Mike McKiski VP of Sales

Las Vegas-based maker of electronic gaming machines (EGMs), PlayAGS Inc (NYSE:AGS) recently announced the appointment of Mike McKiski as its Vice President of Sales for Western U.S. and Corporate Accounts. McKiski will from the new position lead the company’s continued market growth by working with customers to establish incremental revenue opportunities in the western half […]
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More Operators Face Allegations in Offering Illegal Online Gambling under Washington State Law

12:06 AM 0
Casino News Daily
More Operators Face Allegations in Offering Illegal Online Gambling under Washington State Law

A number of online gambling operators have been hit by a series of lawsuits over the last few days, with the companies facing allegations that their online casino offerings have violated Washington state law. Late last week and early this week, a total of four lawsuits were filed against four companies, including DoubleDown Interactive, Huuuge Games, Playtika and High 5 Games, accusing them in offering so-called free-to-play casino games breaching the existing state law.

The legal action follows a US Court of Appeals March ruling that found that the casino games offered by Big Fish Games have violated the Washington state’s online gambling legislation.

Each of the above-mentioned companies offers a range of casino games, such as blackjack, slots and roulette, which use virtual chips that do not have any monetary value themselves but customers are able to play only as long as there are chips in their accounts. Once players run out of chips, they are given the chance to buy chips or they are granted with more free chips by the game.

The lawsuits were filed in US District Court in Seattle and Tacoma and use pretty much the same arguments in their filings, with them also center around the the arguments used in the Big Fish Casino case. The operators have been alleged in using virtual chips to provide their customers with access to their “free-to-play” casino games. However, as explained above, the chips represent “something of value” but are not worth money on their own. Under the existing Washington state gambling law, that clause has been considered as a vague one and according to the lawsuits’ arguments constitutes illegal gambling.

Class action status is being sought by the plaintiffs for the latest series of lawsuits against gambling companies.

Big Fish Casino Hit by Federal Appeals Court’s Ruling

As explained above, the four new lawsuits filed against the four gambling operators are very similar to the one faced by Big Fish Casino has recently faced.

Big Fish Casino offers free-to-play versions of some of the all-time casino classics, with customers being allowed to play these games by using virtual chips that do not have monetary value. According to the ruling of the US Court of Appeals’ Judge Milan D. Smith, virtual chips could be described as “thing of value”, so purchasing such chips to play the casino games versions was actually illegal online gambling under the existing Washington state legislation.

The lawsuit against the Big Fish Casino parent company Churchill Downs was filed in 2015 by a regular player of the casino, Cheryl Kater. Ms. Kater claimed that virtual chips worth more than $1,000 had been bought by her so that she could get access to the games, and her legal advisors argued that the virtual chips in question could be categorized as “a thing of value”.

The post More Operators Face Allegations in Offering Illegal Online Gambling under Washington State Law appeared first on Casino News Daily.

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Tuesday, April 10, 2018

Could Hainan Open the Door to Gambling Legalization in China?

5:48 PM 0
Casino News Daily
Could Hainan Open the Door to Gambling Legalization in China?

Hainan, often called China’s Hawaii, has been an attractive location for investments in recent years. But beyond the popular beach resort destination, the southern island is also seen as the most suitable place for the long-anticipated economic liberalization to soon take place. Chinese property tycoons expect the government to introduce a number of business-targeted incentives and to eventually allow casinos on the island, but could Hainan one day really open the door to gambling legalization in China?

Chinese president Xi Jinping attended the annual Boao Forum for Asia, which kicked off Sunday at Hainan’s east coast. In his speech on Tuesday, the president announced plans for greater economic freedom, market access, and new free-trade ports with greater autonomy. According to analysts, this was the perfect opportunity for Xi to show the world that China is still open for business at a moment when the country is facing a trade war with the United States. Although it did not include a lot of new initiatives, the speech focused on existing commitments and was largely seen as conciliatory and intended to lower the tensions between the two giant economies.

Xi did not mention gambling legalization but according to a local property investor, the government’s willingness to stay open and support of globalization will eventually lead to a more liberal economy where casinos will be welcomed as essential sources of revenue. In an interview with Bloomberg, Zeng Xianyun, chairman of Sanya Phoenix Island Development Co. Ltd., said that China should seriously consider the potential benefits of a full-fledged casino industry in Hainan and in the country in general.

According to him, the government should take steps towards reducing capital outflows by securing revenues generated by casino resorts. In Macau, an autonomous region in China where gambling is legal, the majority of revenue goes to foreign operators. All this revenue should go into Chinese companies and the Chinese country instead of being “eaten up all by foreign capital”, Zeng Xianyun says. He is the chairman of one of the most ambitious and impressive projects not only in China but also in the world, Phoenix Island. Dubbed the Oriental Dubai, Phoenix Island is a large artificial archipelago that is home to hotels, a ferry terminal, theme park, shopping, and entertainment areas, as well as to the world’s second seven-star hotel.

Would China Allow Casinos on Hainan?

Hainan, which is an island and a Chinese province with the size of Belgium, has been long seen as a “testing ground” for a possible liberalization of the economy. Although Xi Jinping pledged to an openness of the market, many analysts believe that no further actions would be taken by the government to open the economy to more foreign and private capital. However, the country needs to find more financial resources, solid and sustainable sources of revenue that will not end up in foreign companies as it happens in Macau.

Indeed, after years of financial setbacks, Hainan may not be the best Asian alternative to Hawaii right now. With the right initiatives, however, the government may transform it into the new Hong Kong. In order to transform it into the new Macau, however, it will need much more determination and willingness to change legislation. Should that happen, Zeng says that his company is ready to open a casino in under 30 days.

The post Could Hainan Open the Door to Gambling Legalization in China? appeared first on Casino News Daily.

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NOVOMATIC Americas to introduce its latest products at NIGA 2018

12:31 PM 0
eGaming
NOVOMATIC Americas to introduce its latest products at NIGA 2018

NOVOMATIC Americas will be highlighting its latest product innovations at Booth #546 at the National Indian Gaming Association’s upcoming trade show NIGA 2018 on April 17-20 at the Las Vegas Convention Center.

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Meruelo Group finalizes acquisition of SLS Las Vegas

5:34 AM 0
World Casino News
Meruelo Group finalizes acquisition of SLS Las Vegas

After the sale of the SLS Las Vegas Hotel & Casino to The Meruelo Group, LLC was given the green light by the Nevada Gaming Commission last month, on April 5 the casino resort was officially sold and Paul Hobson was named the new senior vice president and general manager of the property. “Paul Hobson […]
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