Saturday, February 24, 2018 5:03 AM

A Casino Could Secure Convention Center for Sunshine Coast, City Council Believes

Casino News Daily
A Casino Could Secure Convention Center for Sunshine Coast, City Council Believes

The possibility for the addition of a casino as part of the Maroochydore Central Business District development project is still being discussed by the Sunshine Coast Council, despite recent comments by Mayor Mark Jamieson that a facility of this type was not on their agenda at the time.

In a letter to the editor of local news outlet the Sunshine Coast Daily, City Councilor John Connolly said that the Council still believes a project, including a casino, under Queensland’s Integrated Tourism Development program was the right path to “securing a regional convention centre”.

Cr Connolly went on to say that the Sunshine Coast Council does not have the means to build a convention and exhibition center as soon as it might wish and that they have to consider different ways to fund a project of this kind.

Local media reported earlier this week that the Queensland Government has confirmed it had promoted a visit by Malaysian casino company NagaCorp to Sunshine Coast. The visit took place last fall. Reportedly, NagaCorp executives and an architect, who had previously worked on the company’s existing casino resort in Cambodia, met the Sunshine Coast Mayor to discuss opportunities for a future partnership.

State Tourism Development Minister Kate Jones said earlier that the meeting taking place did not necessarily mean that a casino would be included in the Maroochydore CBD development project.

Boost to Local Tourism

In his letter, Cr Connolly wrote that Sunshine Coast does not have a large convention center that is paid for by the government, unlike other regions around the state. According to the City Councilor, a project that would include a gaming floor as well as different non-gaming facilities could significantly help the city fulfill its plan for a convention and exhibition venue.

He went on to say in his letter that the Maroochydore CBD development, if it includes attractive enough offering, would boost the region’s construction sector significantly and would then boost the region’s and the state’s tourism sector. The official also pointed out that the city should not rule out that quickly the opportunities that a casino could create.

The Queensland Government has not confirmed that the addition of a casino to the Sunshine Coast development project has been debated. On the other hand, Minister Jones has confirmed that she would visit the Sunshine Coast in March to discuss tourism opportunities with Mayor Jamieson.

Federal and state MPs have fired at the Sunshine Coast Mayor for his failure to end the casino debate once and for all by ruling out the construction of a gambling venue in the city. Mr. Jamieson said earlier this week that the decision about a casino is not within his or the City Council’s power and that such a decision can only be made by the state government.

The post A Casino Could Secure Convention Center for Sunshine Coast, City Council Believes appeared first on Casino News Daily.

Friday, February 23, 2018 5:12 PM

Tyler Groth Wins WSOP Circuit Rio Las Vegas $365 Pot-Limit Omaha

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Tyler Groth Wins WSOP Circuit Rio Las Vegas $365 Pot-Limit Omaha

Last summer, Tyler Groth captured his first WSOP gold bracelet for winning a $1,000 Pot-Limit Omaha event at Rio All-Suite Hotel & Casino in Las Vegas. Last night, the player captured his first WSOP Circuit gold ring for winning another Pot-Limit Omaha event, a $365 buy-in one, at the very same casino.

Groth defeated a field of 153 entries over two days of play to win the tournament, the precious gold ring, and the amount of $12,850 in prize money.

Winning two Pot-Limit Omaha events, one of which on the schedule of the legendary WSOP, it very much seems that Groth is a Pot-Limit Omaha specialist. However, the player himself does not think so. He believes that Omaha 8 is the game he actually excels in. After last night’s triumph, Groth told WSOP staff that he has not played Pot-Limit Omaha that much to realize how good he might be in the four-card game.

Two years ago, the player quit his daily job to pursue a career in poker. He moved to Las Vegas and has been playing both cash games and tournament poker at local casinos since then. Groth said that as of lately, he has been more active on the tournament scene. It is also important to note that online poker has been a long-time love of his. He even pointed out last night that he has built the greater portion of his poker bankroll namely online.

The player also said that even though he is planning to go to Los Angeles and participate in the LAPC Main Event, set to take place over the weekend, he might go back to Vegas to join the field of the first ever WSOP Online Circuit event. The online gold ring event is scheduled for February 27.

Groth’s Performance in the $365 Pot-Limit Omaha

As mentioned above, the tournament was played over two days and as part of the WSOP Circuit’s Rio stop. The final day of the event took place on Thursday with nine players left to sit at the final table when cards were thrown in the air.

Groth was the chip leader at that point with significant advantage over his remaining opponents. The eventual winner had nearly 600,000 in chips and was well ahead of his fellow player ranking second in the chip counts chart. That player was Andrew Dennis who had a total of 200,000 at the time.

Groth maintained his lead throughout the day to eventually scoop the title and the first-place prize. He faced Benjamin Thomas heads-up as his final challenge before the sweet victory. Thomas, a WSOP Circuit regular from Baton Rouge, Louisiana, collected $7,944 for his runner-up finish in the Pot-Limit Omaha tournament.

The event attracted 153 entries who generated a prize pool of $45,900. The top 16 finishers received a share of the money.

The post Tyler Groth Wins WSOP Circuit Rio Las Vegas $365 Pot-Limit Omaha appeared first on Casino News Daily.

Niki Lauda And Novomatic Agree Long Term Cooperation

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Niki Lauda And Novomatic Agree Long Term Cooperation

Niki Lauda,three-time Formula-1 World Champion and entrepreneur, has agreed a long term co-operation with the NOVOMATIC Group.

Unregulated Operations Drive Growth in Sweden’s Gambling Sector in 2017

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Unregulated Operations Drive Growth in Sweden’s Gambling Sector in 2017

Sweden’s regulated market was worth SEK17.07 billion (approximately $2.09 billion) in 2017, latest figures released by the Swedish Gambling Authority, Lotteriinspektionen, show. Regulated gambling operations recorded a 1% decrease from a year earlier.

Svenska Spel, the state-run gambling operator tasked with the operation of most regulated gaming and betting services in the country, generated revenue of SEK8.98 billion last year, about the same amount as it generated in 2016. It accounted for 40% of the country’s gambling market (both regulated and unregulated).

Revenue from Svenska Spel’s land-based operations dropped 5% year-on-year to SEK6.715 billion. While accounting for a quarter of Svenska Spel’s 2017 revenue, online services recorded a double-digit (18%) revenue growth to SEK2.265 billion.

Combined revenue from Sweden’s regulated and unregulated markets amounted to SEK22.604 billion (approximately $2.77 billion), reflecting an increase of 3% from 2016. The country’s unregulated market was actually the main driver of growth last year. According to Lotteriinspektionen, unregulated operations generated revenue of SEK5.534 billion (approximately $678.5 million) last year, up 13% year-on-year.

Here it is important to note that the Scandinavian nation’s unregulated market is represented by foreign online gaming and betting operators that hold licenses from other EU and non-EU jurisdictions. At present, Sweden’s gambling law does not allow for such foreign operators to obtain licenses from the country’s Gambling Authority and regulated operations are only provided by several state-owned entities.

The growth of Sweden’s unregulated market could be attributed to several factors. In the first place, the tech-savvy population of the country has been looking for diversity that local operators may have failed to provide. And in the second place, foreign gambling companies have increased their brand exposure across Swedish media significantly over the past several years.

According to a recent report by local measurement firm Kantar Sifo, three gambling companies were among the country’s top 20 advertisers in 2017. Aside from the state-run Svenska Spel, Kindred Group (previously Unibet Group) and LeoVegas were found to have invested the most in advertising their products and services to Swedish consumers. What is more, LeoVegas was the company to record the biggest rise in annual ad spending last year.

Market Re-Regulation

According to a recent report by Swedish media research firm Mediavision, one in eight Swedes gambled on foreign gambling websites on a monthly basis in 2017. The reported figure represented a 25% increase from 2016.

Information about the popularity of international gambling websites among Swedish players emerges as the country is preparing for the upcoming re-regulation of the local market. Sweden’s new gambling law is set to come into effect on January 1, 2019. It will open the Swedish market for foreign companies, which means that these will be able to apply for and be issued operational licenses from Lotteriinspektionen.

Earlier this week, the Swedish Gambling Authority announced that it has been preparing the necessary documentation to open a license application process for interested gambling operators on July 1, 2018. The regulatory body said that it plans to release more details about the application process in mid-March and during a meeting schedule for May.

The post Unregulated Operations Drive Growth in Sweden’s Gambling Sector in 2017 appeared first on Casino News Daily.

Thursday, February 22, 2018 11:21 PM

NJ Sports Betting Case Closing In On Final Weeks Before Supreme Court Decides Its Fate

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NJ Sports Betting Case Closing In On Final Weeks Before Supreme Court Decides Its Fate
sports betting nj supreme court case

The US Supreme Court could decide the New Jersey sports betting case as early as March or April, but like the final verdict, the actual date is unknown.

The post NJ Sports Betting Case Closing In On Final Weeks Before Supreme Court Decides Its Fate appeared first on NJ Gambling Sites.

ZITRO Receives The 21st Century Technology Award From “El Suplemento”

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ZITRO Receives The 21st Century Technology Award From “El Suplemento”

Last Friday, February 16, at the Hotel Palace in Madrid, the 21st Century Technology Awards ceremony was held by “El Suplemento”, in which Zitro was awarded the "Best Leisure Software" prize, and which was collected by the Vice President Manuela Jimenez and CEO Sebasti├ín Salat.

WSOP Main Event Champions to Clash at the Bicycle Casino Next Week

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WSOP Main Event Champions to Clash at the Bicycle Casino Next Week

Former WSOP Main Event Champions will be the stars of the Live at the Bike! poker web show next Thursday and Friday, it has been announced. They will clash in cash games at the Bicycle Casino in Los Angeles, California and action will be streamed live on the Twitch and YouTube channels of Live at the Bike!

On Thursday, March 1, players will compete in a $10,000-worth Sit’n’Go. On Friday, they will sit around the poker tables of the Bicycle Casino for a $25/$50 cash game.

Johnny Chan, Jonathan Duhamel, Ryan Riess, Joe McKeehen, and Scott Blumstein were confirmed for next week’s live stream. It is yet to be seen whether more WSOP Championship winners are to join.

Originally launched back in 2005, Live at the Bike! takes pride in being the first live streamed poker web show and the first such show to stream live cash game action from the Bicycle Casino. Its episodes feature raw and unedited poker-related poker.

A Little Bit More about Next Week’s Participants

Johnny Chan

The player has won ten WSOP gold bracelets over the course of his poker career. He captured two of his gold pieces for winning the WSOP Main Event. Here it is interesting to note that the player won the Championship event in two consecutive years – 1987 and 1988, and nearly won it in 1989, but eventually finished runner-up to Phil Hellmuth. Chan was also actually the first non-US player to win the WSOP Main Event.

Johnathan Duhamel

The Canadian poker pro captured his WSOP Main Event title in 2010. He won the event after a heads-up battle against John Racener. Duhamel’s share of the tournament’s prize pool amounted to $8.944 million. He has two more gold bracelets from WSOP events. He won them both in 2015, one from the $111,111 High Roller for ONE DROP, and the other from the WSOP Europe €25,600 High Roller.

Ryan Riess

Riess claimed the title in 2013. Jay Farber was his final opponent in the tournament. Riess won $8,361,570 for his performance. The player has not won any other WSOP gold bracelets after the 2013 $10,000 Championship, but captured another important title last spring. The player topped the field of the WPT $10,000 Seminole Hard Rock Poker Open Finale for a cash prize of $716,088.

Joe McKeehen

The player took down the WSOP Main Event in 2015. He played heads-up against Joshua Beckley to capture the important title. The player won the amount of $7,683,346 from the world’s most prestigious No-Limit Hold’em tournament. Last summer, McKeehen won his second gold bracelet from the series. He topped the field of the $10,000 Limit Hold’em Championship for $311,817.

Scott Blumstein

Blumstein is the reigning WSOP Main Event Champion. The player won the tournament last summer. His share of the gigantic prize pool totaled $8.15 million. The player navigated the tournament’s large field easily to enter the nine-handed final table as the chip leader and to further extend his advantage until he remained the last man standing.

Live streaming from the Bicycle Casino with the former Main Event Champs is set to begin at 6 pm local time on Thursday and Friday (March 1 and 2).

The post WSOP Main Event Champions to Clash at the Bicycle Casino Next Week appeared first on Casino News Daily.

Stephen Patton Joins Interblock as VP of New Business Development & Technology

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Stephen Patton Joins Interblock as VP of New Business Development & Technology

Luxury gaming manufacturer Interblock® announced today the appointment of Stephen Patton as Vice President of New Business Development & Technology. 

Wednesday, February 21, 2018 10:34 PM

Golden Nugget Is Still The Leader Of The New Jersey Online Gambling Pack

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Golden Nugget Is Still The Leader Of The New Jersey Online Gambling Pack
golden nugget nj casino online revenue january

Last week, NJ's online gambling revenue for January 2018 was revealed, and no surprise, Golden Nugget NJ still reigns over its NJ online casino competition.

The post Golden Nugget Is Still The Leader Of The New Jersey Online Gambling Pack appeared first on NJ Gambling Sites.

Casino Company’s Visit to Sunshine Coast Promoted by Queensland Government

Casino News Daily
Casino Company’s Visit to Sunshine Coast Promoted by Queensland Government

The Queensland government confirmed that it had promoted the recent visit to the site of the Maroochydore Central Business District by executives of Malaysian casino operator NagaCorp, local news outlet the Sunshine Coast Daily reported earlier today.

The Maroochydore CBD, currently under development in the central part of Sunshine Coast (in the small town of Maroochydore), is planned to be a multi-million, mixed-use complex that will spread over 53 hectares of land. When finished, it will feature accommodation buildings of different types, food and beverage facilities, retail space, a number of office buildings, and a new city hall building.

Queensland’s Tourism Industry Development Minister Kate Jones has confirmed that the November 2017 visit to the CBD’s site had been promoted by the state’s Special Projects Unit, which had been part of the Department of State Development prior to the latest Queensland election. She has also told local media that members of the unit have met and will be meeting with international investors to promote and encourage tourism development in the state.

The Queensland MP has further explained that NagaCorp’s visit was too part of their initiative to attract foreign investors to potentially invest into the state’s tourism industry. The Malaysian hotel and casino operator was provided with information about Queensland’s tourism sector as well as about the state’s Global Tourism Hubs scheme and the requirements an investor must meet in order to participate in said scheme.

Generally speaking, the Global Tourism Hubs were defined by state politicians as mixed-use properties with hotel, food and beverage, entertainment, and casino facilities. One such hub is set to be developed in Cairns. Under initial estimates, the project will cost A$1 billion and will include a casino. According to recent information released by the government, 12 investors, both local and international, have registered interest in participating the project. It has also been revealed that major casino companies have been among those 12.

Growing Pressure against Maroochydore Casino

While the addition of a casino to the Maroochydore CBD development has never been confirmed, local media had previously reported that the idea had been pitched by Sunshine Coast Mayor Mark Jamieson.

Over the past several months, the city official has faced pressure both from state and federal politicians to nix any plans for a gambling venue as part of the CBD construction project.

Mr. Jamieson has told local media that there was nothing wrong with NagaCorp visiting Sunshine Coast and being interested in what development opportunities the region presented. The Mayor further pointed out that the casino company’s visit had been promoted by the state government and not by Sunshine Coast, and that any potential addition of a casino as part of the Maroochydore development project could only be decided upon by the Queensland Government and not by the city council.

The post Casino Company’s Visit to Sunshine Coast Promoted by Queensland Government appeared first on Casino News Daily.

Pure Innovation To Be Shown At Irish Gaming Show

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Pure Innovation To Be Shown At Irish Gaming Show

APEX gaming brings simply the best to Ireland

CJEU Rejects Belgium’s Request for Annulment of EC Online Gambling Recommendation

Casino News Daily
CJEU Rejects Belgium’s Request for Annulment of EC Online Gambling Recommendation

The EU Court of Justice (CJEU) rejected earlier this week a petition filed by the Belgian Government against a set of recommendations for the protection of consumers of online gambling services and the prevention of minors from gambling online.

The recommendations were introduced by th European Commission in 2014 but the government of Belgium contested them in court, arguing that these were breaching each individual Member State’s right to regulate their online gambling market in a manner they found fit and to adopt player protection measures of their own choice. Belgian lawmakers further claimed that the European Commission had overstepped its authority by issuing the guidelines.

Earlier this week, the EU Court of Justice rejected the above claims and found that the European Commission had not exceeded its competence and that the set of recommendations had not interfered with Member States’ right to implement their own online gambling regulations.

The CJEU ruling affirmed a previously issued court decision by the General Court. The latter court dismissed Belgium’s case in the fall of 2015. The Belgian government will not be able to appeal the latest ruling further.

Why Has Belgium Contested the Guidelines?

The European Commission introduced the Commission Recommendation on principles for the protection of consumers and players of online gambling services and for the prevention of minors from gambling online in the summer of 2014. It was not legally binding and only aimed to present Member States with a set of guidelines for the effective protection of online gambling customers and the prevention of minors from being targeted and allowed to gamble online.

In October 2014, the Belgian Government filed against the recommendation, seeking its annulment by the EU’s highest court. As mentioned above, Belgian lawmakers claimed that the Commission had gone beyond its authority by introducing the guidelines and encouraging Member States to adopt them.

The Belgian government further pointed out that under EU treaties, the Commission did not have the authority to introduce “an instrument with harmonizing effect” in the online gambling sector.

It also emerged back then that concerns that the recommendation would lower the standards previously set by the Belgian Gaming Act stood at the heart of the country’s discontent.

The European Gaming & Betting Association, EGBA, welcomed CJEU’s ruling in a Tuesday statement. The Association also called upon the European Commission to encourage Member States to adopt its guidelines, to review for any gaps in their implementation, and to take corrective action if needed so that high level of consumer protection across the European Union is achieved.

Based in Brussels, EGBA is the industry body representing online gambling operators based and licensed within the European Union. Its member list includes bet365, Betsson, Kindred Group, and GVC Holdings, among others.

The post CJEU Rejects Belgium’s Request for Annulment of EC Online Gambling Recommendation appeared first on Casino News Daily.

Tuesday, February 20, 2018 5:25 PM

Tax break helps MGM Resorts offset quarterly profit drop

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Tax break helps MGM Resorts offset quarterly profit drop

A massive one-time income tax break enabled MGM Resorts International to escape a fourth-quarter decline in earnings, the Las Vegas-based casino company reported Tuesday.

Almost There: Hiring Spree, New Logo Highlight Busy Week For Ocean Resort Casino

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Almost There: Hiring Spree, New Logo Highlight Busy Week For Ocean Resort Casino
ocean resort casino website logo

Ocean Resort Casino, aka former Revel, finished another week of development by listing a few high-profile job openings and showcasing the NJ casino's logo.

The post Almost There: Hiring Spree, New Logo Highlight Busy Week For Ocean Resort Casino appeared first on NJ Gambling Sites.

Boston Officials Opine on Wynn Boston Harbor Casino Resort Future

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Boston Officials Opine on Wynn Boston Harbor Casino Resort Future

The last days of January saw a rapid turn of events for one of the most renowned people in the international gambling industry and this was Steve Wynn, who is the former Chief Executive Officer of Wynn Resorts. This shook the industry and now it has the potential to affect the future projects of the company, among which the new $2.4-billion resort casino under construction in Everett, Massachusetts.

Concerned members of the community expressed their position that the project should not continue its development, while officials expressed their position regarding the future job opportunities for the region.

Wynn Boston Harbor is the name of the new gambling resort which has taken over the banks of the Mystic River and turned the formerly occupied by a chemical plant location into a suitable for tourists’ entertainment site. Following the sexual misconduct allegations which emerged with the help of Macau’s gambling regulator, Mr. Wynn opted for filing his resignation from the company’s leading position. However, in the official statement of the company, it was stated that Wynn Resorts is planning to focus on the development of its operations in Las Vegas and Macau, as well as the future one situated in Everett.

The feelings might not be mutual, however, as the voters in the community remain undecided regarding the future of the casino facility. As many as 20 percent of the people who have cast their votes say that they want the project to be permanently stopped, as the region does not need another gaming venue. Another 23 percent of the people who participated in the voting opted for casting their vote on continuing the project under an entirely new management. Something which most of them agree on is that the location should operate under a new name as well, as to avoid associating with its owner whatsoever.

Evaluation of the Future Integrated Resort Project

Shortly after the information was made public, Congressman Michael Capuano claimed that the job positions which the new location is expected to guarantee are what is important in the moment and most beneficial for the community in general. The construction work of Wynn Boston Harbor was projected to give work to up to 4,000 people in its building phase, as well as provide an additional 4,000 jobs for permanent workers.

According to Mr. Capuano, putting an end to the whole development will have a negative impact on the area. In the meantime, Boston City Councilor Ayanna Pressley stated that gaming might not be the most positive economic development strategy, taking into consideration the problem gambling factor of the industry and how it could affect the region, but there is also the other side of the story. People who rely on this job opportunity should not be negatively affected by the alleged actions of the former CEO of the casino operator.

Whether the location remains a casino resort or ends up becoming a larger commercial building, all workers should be able to be confident in their concrete staff positions. She also supports the idea of changing the name of the location.

The post Boston Officials Opine on Wynn Boston Harbor Casino Resort Future appeared first on Casino News Daily.

Monday, February 19, 2018 11:06 PM

Genting Casino Brighton Undergoes Half a Million Pound Refurbishment

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Genting Casino Brighton Undergoes Half a Million Pound Refurbishment

Genting Casino Brighton - located on Preston Street, close to Regency Square - has undergone major refurbishment, marking an investment of more than £500,000 for the business.

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