Online Casino News From Around the Globe

Sen. Pam Roach Wants Legal Fantasy Sports Betting In Washington
Jan26

Sen. Pam Roach Wants Legal Fantasy Sports Betting In Washington

Super Bowl fever is at it its height and millions of fans enjoy fantasy sports betting as part of their overall viewing experience. In the U.S. fantasy sports betting is legal in 45 states as it is considered a game of skill. In Washington, Louisiana, Montana, Iowa and Arizona fantasy sports betting is still illegal. With the Seahawks taking on the New England Patriots on Sunday in Arizona the debate over fantasy sports betting is heating up. Montana and Iowa have already bills pending that would legalize fantasy sports betting. Washington led by state Sen. Pam Roach has joined the group by asking her legislative colleagues to define fantasy sports as a game of skill. Roach believes that fantasy football requires an understanding on various factors such as player’s abilities and individual matchups. Roach was quick to point out that she was not looking to expand gambling and said,” We don’t want to expand gambling. That’s not what this bill is about.” Roach believes that there are over half a million Washington resident who play on fantasy sports sites. The big winners of the possible legalization of fantasy sports betting in Washington are DraftKings and FanDuel who currently have to comply with the state’s restrictions on fantasy...

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Galaxy Entertainment Set To Diversify In Macau After Chinese Crackdown
Jan24

Galaxy Entertainment Set To Diversify In Macau After Chinese Crackdown

The ongoing crackdown on corruption by the Chinese Government in Macau seems to be more than just a political stunt. As we have reported, Macau gaming revenues have been hit hard in the last six months with record losses never seen in the last decade. The crackdown by the Chinese officials in the most lucrative gambling hub in the world has got many casino companies looking for alternative sources of revenues. The declared aim of the Chinese is to ensure that Macau becomes less dependent on casino revenues alone and more diversified in order to sustain long term growth. Taking heed of the warning signs Galaxy Entertainment Group headed by chairman Lui Che Woo have announced that they will be doubling their investment to $12.90 billion in its integrated resort in Macau. Company vice chairman Francis Lui explained their reasoning behind them diversifying their investments,” The current message from the central government and the Macau government (for the industry) is to develop other business alongside gaming. We have the largest land bank and it’s to our advantage.” Gaming companies are still reeling from their losses last year as Macau recorded losses for the first year since casinos were liberalized in 2001 by the Beijing. Company president Michael Mecca expressed his optimism at the new plan aimed at extending their reach beyond just casinos,” We’re going through a consolidation but we’re quite confident that we can emerge as a much stronger market in general… and a much stronger company that actually strengthens the market by offering more non-gaming amenities,” In related news Sheldon Adelson himself will be taking over as CEO of Sands China in order to personally handle the record slumps in gaming revenues. Macau makes up about two thirds of Las Vegas Sands’s revenues and has been hit hard by China’s anti-graft...

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Full Tilt Error In New Jersey Due To Software Bug
Jan23

Full Tilt Error In New Jersey Due To Software Bug

One of the most highly anticipated launches in the U.S. online gambling market is expected to be that of PokerStars in New Jersey. The speculation is rife as to the exact time but we reported on Senator Ray Lesniak giving March as a possible date. The impact of PokerStars entry into the Garden State cannot be underestimated. New Jersey has had a disappointing first year in terms of gaming revenues. They fell way below the forecasted highs of $1 billion thrown out by Go. Chris Christie. While many online poker operators are feeling the pinch the pending entrance of the largest online poker brand in the world has got many feeling optimistic as to the future of the online poker market in New Jersey. This week saw what many believed was more than just an innocent mistake. A pop-up advertising real money mobile gambling for players in New Jersey appeared when some mobile players attempted to login into Full Tilt mobile. While many online poker enthusiasts were delighted at the news, Amaya had to release a statement that the pop up was an error and that their real money poker mobile app was still waiting for approval by the New Jersey Division of Gaming Enforcement. Communication chief Eric Hollreiser has just shed more light as to the mysterious pop-up. He said in a statement,” Unfortunately, a bug in an update to the Full Tilt play money poker app inadvertently included a pop-up window alerting players in New Jersey that a licensed real money offering was...

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Gov. Christie Set To Appoint Emergency Manager For Struggling Atlantic City
Jan22

Gov. Christie Set To Appoint Emergency Manager For Struggling Atlantic City

Last year saw four of the twelve casinos in Atlantic City close down with others in serious danger of following suit. Atlantic City is heavily dependent on the success of the casino industry as they have in their heyday accounted for about 75 percent of the city’s property taxes. Competition from neighboring states has led to serious declines in gaming revenues and is forcing Governor Chris Christie to take urgent measures to stop the bleeding. A report in the Wall Street journal states that Gov. Christie will appointing an emergency manger to assume control in the beleaguered Atlantic City. While there has been no confirmation from the Christie camp, insiders say that corporate restructuring attorney Kevin Lavin will be the man tasked with getting a grip on the difficult financial state of affairs that AC finds itself in. In addition to Lavin sources at the WSJ also say that the restructuring lawyer who was brought in to handle Detroit’s bankruptcy crisis, Kevyn Orr will also be involved on in a consultancy position. This latest move comes despite Atlantic City lawmakers rejecting a state appointed emergency manger earlier this month. They did however endorse steep budget cuts. Gov. Christie is under increasing pressure to ensure that the Garden State stabilizes their budget. Christie himself has a lot to lose if the financial situation in New Jersey does not improve. He has tied his political aspirations to the success or failure of the Garden State. He was and is still one of the biggest proponents for expanding gambling in New Jersey as he believes it would result in massive economic...

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Manchester United Team Up With KamaGames In Social Casino Venture
Jan21

Manchester United Team Up With KamaGames In Social Casino Venture

Anyone in the marketing business will know that the target audiences for sports and gambling are pretty much the same. This is no clearer than in the world of fantasy sport betting where fans get to earn real money betting on their favorite franchise. When speaking about sporting franchises they don’t come much bigger that Manchester United Football Club who boast over 650 million loyal global fans. This impressive player base is the ideal launching pad for any social casino brand looking to tap into the lucrative fanbase. Even if they succeed in capturing 10 percent of this they could well be connected tone of the largest gambling hubs. With this in mind, Manchester United and the Dublin based social casino developer and publisher KamaGames have signed a multi-year global partnership which will see KamaGames become the official social casino games Partner of the Club. KamaGames have over 70 million global users and 1 million active daily users. In terms of the partnership KamaGames will launch a portfolio of social casino games that carry the Manchester United theme, logo, branding and imagery. MD of Manchester United commented on the new partnership,” Manchester United is lucky enough to have a huge global following and we understand the importance of engaging and entertaining our fans. KamaGames and their innovative products will allow us to do this in new and exciting ways. We are delighted to welcome them as our first Official Global Social Casino Games Partner and look forward to creating a successful partnership for many years.” CEO of KamaGames gave their thinking behind the new venture,” KamaGames and Manchester United share a similar worldwide audience, and with this in mind, we are confident that the partnership will be a huge success for both organisations. We are proud and honoured to be associated with such a great team and iconic brand and we look forward to building a strong relationship with the club and its fans....

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