Industry news
A group of gamblers who took an Atlantic City casino for $1.5 million thanks to an un-shuffled deck of cards – a mistake the casino admits – have sued to be allowed to keep their winnings, Yahoo News is reporting. In August 2012, 14 gamblers were playing Mini Baccarat at Atlantic City’s Golden Nugget Casino at $10 per hand. When they noticed a pattern emerging in the cards the dealer revealed, the gamblers realized they could predict the outcomes, and...
Endorphina, a Czech-based online gaming software provider, announces that it has signed a partnership agreement with online slot provider XIN Gaming, to expand its content distribution into Asia. Under the agreement, Endorphina will integrate its Remote Game Server into XIN Gaming’s platform providing its full portfolio of market leading casino slot games. XIN Gaming will be able to offer its customers an amazing gaming experience, driving players’ engagement through Endorphina’s portfolio of 30 online casino games. Mathias Larsson, XIN Gaming...
While Russia is closing Azov-City and organizes new gaming zones, and Ukraine is thinking about gambling legalizing, gambling in neighboring countries is actively moving forward. The pace is sometimes slower and sometimes faster, but there’s movement anyway. Having thoroughly analyzed the market, Smile-Expо defined three countries with a favorable investment climate -- Georgia, Kazakhstan and Belarus. Following Moscow, Belarus and Georgia hosted a successful international gambling and entertainment exhibition-forum. This year, Smile-Expо is planning to organize an event in Kazakhstan....
Boston startup will spend more than $500 million to advertise on ESPN’s television and digital platforms as a condition of the funding Walt Disney is getting in on the online fantasy sports business, investing $250 million in DraftKings, a Boston-based start up site, where fans can play fantasy sports with real money on a per-game basis without having to commit to an entire season. As a condition of the funding, DraftKings will spend more than $500 million to advertise on...
The nine-month run of decline in Macau gross gaming revenue (GGR) is “not a major concern” for the city’s government, reported brokerage CIMB Securities Ltd, citing the local gaming regulator. The report from Michael Ting and Jensen Poon, Hong Kong-based investment analysts, said that stance had been “implied” at a recent meeting CIMB had with the Gaming Inspection and Coordination Bureau, also known as DICJ. “Our main motivation to meet with the DICJ was to gather its views on what...