Our Feeds
Breaking News

Tuesday, April 24, 2018

Ionut Rusu

Gambling Machines Crackdown Announcement Due Within Weeks

Casino News Daily
Gambling Machines Crackdown Announcement Due Within Weeks

The UK Government is set to reduce the maximum stake on the highly controversial fixed-odds betting terminals to £2, The Times reports citing people familiar with the ongoing discussions. An announcement is expected to be made within the next few weeks.

The decision was to be made public at an earlier stage, but according to media reports from yesterday the delay was incurred by Chancellor of the Exchequer, Philip Hammond, who was said to have previously been opposed to such a massive cut in the maximum stake. Mr. Hammond reportedly contested the measure as it would result into a huge fall in tax revenue.

At present, FOBTs accept £100 maximum stakes every 20 seconds. Following a review into the gaming machines sector conducted by the Department for Digital, Culture, Media, and Sport, it was announced last fall that the maximum bet would be cut to somewhere between £50 and £2. A reduction to £2 would cost the exchequer £450 million in annual tax contributions, it has been estimated.

Latest media reports indicate that Mr. Hammond may be close to settling what was believed to be an ongoing dispute with supporters of a bigger reduction of the betting limits, with the latter group being led by Culture Secretary Matt Hancock. Sources told The Times that “[they] are nearly there”.

It is believed that Mr. Hancock and his team have managed to appease concerns voiced by Mr. Hammond about the impact the massive crackdown on FOBTs would have on tax revenue.

Alternative Revenue Sources

It is understood that levies will increase on other gambling services to offset losses incurred by the FOBTs crackdown. It is yet to be announced how exactly other forms of gambling will be taxed.

The announcement about the UK Government’s decision on the changes that will be introduced in the gambling machines sector is expected within the next several weeks. However, it will not be made before next week’s local elections due to purdah rules.

Following yesterday’s reports about Mr. Hammond’s opposition to a reduction of the maximum bet to £2, several influential MPs said that they would contest any decision that does not include a cut of the maximum stake to £2. Tory MPs Sarah Wollaston and Nick Boles were among those to say that they “will not support half measures”. Both officials took to Twitter to voice their opinion on the topic.

Shares in William Hill tumbled 11% as news about the pending crackdown on one of its key sources of revenue emerged earlier today. GVC, which recently acquired Ladbrokes Coral – the operator of the largest number of FOBTs across the UK, saw its shares go down 4.8% earlier today.

The B2 gaming machines or FOBTs represent UK’s second largest gambling sector. They generated gross gambling yield of £1.8 billion in the period between April 2016 and March 2017.

The post Gambling Machines Crackdown Announcement Due Within Weeks appeared first on Casino News Daily.

Ionut Rusu

China Black Friday - Chinese Government Bans all Online Poker Apps

BankrollMob News - Poker / Casino / Betting
China Black Friday - Chinese Government Bans all Online Poker Apps
Beginning June 1, 2018, all apps that offer any type of poker will be banned in China. Playing and promoting poker on all forms of social media channels will be banned. Therefore, it is expected that the number of Chinese players at legal regional games will drop dramatically. The poker game has been nothing but popular in mainland China and other parts of Asia. Even if the Chinese weren't allowed to play with real money, that didn't stop them from playing as they were allowed to play with play[...]

Monday, April 23, 2018

Ionut Rusu

European Premiere At Spielbanken Bayern

RSS
European Premiere At Spielbanken Bayern

SPIRIT GAMING announces the very first European installation of the Dealer Assist BlackJack from Interblock

Ionut Rusu

PokerStars Owner buys Sky Betting and Gaming for $4.7 Billion

BankrollMob News - Poker / Casino / Betting
PokerStars Owner buys Sky Betting and Gaming for $4.7 Billion
Stars Group Inc., the owner of PokerStars, has undergone a deal to buy Sky Betting & Gaming (SBG) for a whopping $4.7 billion. The move will result to the poker giant having a larger hold on sports betting, thus creating the biggest publicly listed online gambling company. With its main headquarters in Toronto, the Stars Group shall pay in both cash and stock to the owners Sky Plc and CVC Capital Partners, according to their press release. The PokerStars operator figures it would get around[...]
Ionut Rusu

A Total of 29,319 Belgians Self-Excluded Themselves from Gambling in 2017

Casino News Daily
A Total of 29,319 Belgians Self-Excluded Themselves from Gambling in 2017

As many as 29,319 Belgians self-excluded themselves from gambling (both online and at land-based venues) in 2017, according to a press release published earlier today on the official website of Belgian Minister of Justice Koen Geens.

The reported figure represents a 9% increase from 2016, when 26,782 opted for exclusion from various types of gambling services.

Another 158,413 were banned from gambling with a court ruling. Most of the court orders were issued to gamblers who had accumulated large debts as a result from their habits. Under Belgium’s gambling law, a court could ban residents from gambling, both online and at brick-and-mortar facilities, in certain cases.

It was also found that 409 gamblers were banned from participating in gambling activities after a request from a third party, including family members and/or partners. The requests are filed to and processed by the Belgian Gaming Commission.

According to today’s press release, the number of excluded and self-excluded people has grown significantly over the past five years. In 2013, 19,670 gamblers self-excluded themselves, while 82,580 were issued a court order and 89 were banned from gambling after a third-party request.

The names of all self-excluded players as well as of those banned from gambling as a result from a court ruling or a third-party request are added to a specially created system. Belgium’s Excluded Persons Information System (EPIS) has been active since 2004. It contains information about all gambling customers that have self-excluded themselves or have been banned from gambling. All gambling customers have their names and dates of birth checked into EPIS upon opening an account with a gambling website or entering a brick-and-mortar gambling facility so that excluded persons are prevented from gambling.

Additional Responsible Gambling Measures

While Belgian lawmakers and gambling regulators consider the country’s gambling exclusion system a powerful protection tool, a new set of rules aimed at serving the same purpose and enhancing existing tools were introduced last fall.

Last October, Belgian politicians gave the nod to proposed curbs on the way gambling services are advertised in the country. The move came as part of the Belgian government’s efforts to limit the proliferation of gambling among vulnerable people.

The new measures prohibit gambling operators from advertising their products during live sports broadcasts. Gambling ads should also not appear on Belgian media before a 10 pm watershed, unless they are part of a non-live sports program. In this case such ads should not air 15 minutes before and after children-focused programs. The new rules also aimed to crack down on affiliate marketing, banning the use of third-party websites for the promotion of gambling products and services.

Legislators also crafted non-advertising limitations as part of the larger package of measures, including a €275 monthly cap on the maximum value of bonuses offered by online gambling operators to each of their customers. Under the new rules, players would not be able to deposit more than €500 per week to fuel their online gambling accounts.

It is still to be confirmed when the new regulations would take effect. But it is believed that they will come into force eight months after their publication in the Belgian Official Journal.

The post A Total of 29,319 Belgians Self-Excluded Themselves from Gambling in 2017 appeared first on Casino News Daily.

Sunday, April 22, 2018

Ionut Rusu

Jason Sandling Eyes Second WSOP Circuit Main Event Title at Harrah’s Cherokee

Casino News Daily
Jason Sandling Eyes Second WSOP Circuit Main Event Title at Harrah’s Cherokee

As many as 182 players reached Day 2 of the WSOP Circuit Harrah’s Cherokee $1,675 Main Event after entering the tournament on Days 1A and B. They are set to return at the host casino at noon North Carolina time and to continue their battle for the first-place prize and the gold ring that goes along with it.

The Harrah’s Cherokee Main Event attracted a field of 1,060 tournament entries who cracked the $1 million guarantee and generated a prize pool of $1.59 million. However, only the top 108 finishers will be treated to a portion of the money, which means that bursting the money bubble will be the first thing on today’s agenda.

The remaining survivors are scheduled to play ten one-hour levels today at the host venue. Their goal will be to hopefully reach the official nine-handed final table, but with 182 hopefuls left in contention that could be a difficult task.

The first flight of the tournament was played on Friday at Harrah’s Cherokee. It saw 407 players putting up the $1,675 buy-in fee to enter the event. Of them, only 67 bagged and tagged for the night. They were led by Andrew Mousmoules with 314,500 in chips.

Another 652 entries joined the field on Day 1B, which played Saturday at the host casino. However, only 115 survived throughout the day to secure a seat into Day 2. North Carolina native Jason Sandling ended Day 1B as the chip leader, transforming his 20,000 starting stack into a 340,000 one. The player will thus start Day 2 play as the overall chip leader across the tournament’s two starting flights.

Previous Triumphs

Sandling is vying for his third gold ring from the WSOP Circuit series and his second WSOP Circuit Main Event title. The player won his first Main Event at the same host venue four years ago. He topped a field of 665 entries at Harrah’s Cherokee to scoop a first-place prize of $204,487 and his first-ever gold piece from the popular poker series.

A year later, Sandling won a $365 No-Limit Hold’em at Horseshoe Baltimore for his second gold ring and a first-place payout of $14,505. He is now in a great position to make history at Harrah’s Cherokee, winning his second title from a Main Event and his largest WSOP Circuit cash.

As mentioned earlier, the top 108 finishers in the tournament will get paid. Payouts start from $2,926, but sights are set on the first-place prize of $294,152. Aside from the gold ring and the prize money, the winner will also secure a seat into the Global Casino Championship for a chance to win a WSOP gold bracelet.

Daniel Weinman is another player to be eying a second Main Event title. The player won that same event at Harrah’s Cherokee in 2015 for a gold ring and $280,260. Other notables still in contention include five-time gold ring winner Kurt Jewell, Josh Arieh, and Jonathan Hilton.

The post Jason Sandling Eyes Second WSOP Circuit Main Event Title at Harrah’s Cherokee appeared first on Casino News Daily.

Saturday, April 21, 2018

Ionut Rusu

John Dollinger Captures WSOP Circuit Gold Ring at Harrah’s Cherokee after Previous Near-Miss

Casino News Daily
John Dollinger Captures WSOP Circuit Gold Ring at Harrah’s Cherokee after Previous Near-Miss

John Dollinger from Gulf Breeze, Florida captured last night his first WSOP Circuit gold ring after running cold on one notable previous occasion. The poker pro bested 243 tournament entries in the $1,125 No-Limit Hold’em with a $200,000 guarantee, played at Harrah’s Cherokee.

Dollinger also received $59,536 in prize money to go along with his shiny new gold ring from the popular series. Two years ago, the player ran deep into the WSOP Circuit Harrah’s New Orleans Main Event. He eventually finished runner-up to David Hubbard. Dollinger scooped a $145,186 payout for finishing second in that event.

The brand new WSOP Circuit champion performed quite well in the event he took down last night at the host casino Harrah’s Cherokee. The player was mid-stacked upon entering the six-handed final table of the event. From that point on he only built up his stack to emerge the chip leader.

Dollinger faced Texan Daniel Jones heads-up. The two-handed match began with the eventual champion holding the chip lead. Dollinger never lost his advantage over his last opponent in the field of the $1,125 buy-in tournament. However, Jones proved to be a tough nut to crack as he made several attempts to double.

Jones actually managed to win some chips on two occasions, but never really came close to Dollinger. His final attempt to improve his situation at the table cost him his further participation. On what turned out to be the final hand in play, Jones went in for his last chips, hoping that Lady Luck would smile upon him.

The player had [Kh][Qh] which clashed into Dollinger’s [Ah][5c]. A dry board secured the victory for Dollinger, sending Jones to the rail. The latter collected $36,875 for making it that far into the tournament.

Event #8

The $1,125 No-Limit Hold’em with a guaranteed prize pool of $200,000 was the eighth gold ring event to be played as part of the WSOP Circuit Harrah’s Cherokee schedule. As mentioned earlier, the tournament drew 243 entries from all over the United States.

The event’s field cracked the guarantee and created a prize pool of $243,000. There were payouts for the final 26 finishers. The min-cash totaled $1,308. Players completed the event over two days of action.

There are three more gold rings left up for grabs at Harrah’s Cherokee. The $1,675 Main Event is, too, among the tournaments yet to be completed. The event features a guaranteed prize pool of $1 million. It kicked off Friday at the host venue and will run through April 23.

As many as 407 players paid the buy-in fee of $1,675 to enter the event during Day 1A. Of them, only 67 made it through the end of the day and will return at Harrah’s Cherokee on Sunday for Day 2.

The post John Dollinger Captures WSOP Circuit Gold Ring at Harrah’s Cherokee after Previous Near-Miss appeared first on Casino News Daily.

Recent Posts