Category: Latest News

The latest news of the online and land based gaming industry.

  • Irish people lose more money per head on gambling than anyone else in Europe

    Irish people lose more money per head on gambling than anyone else in Europe

    Reading Time: 8 minutes

    John Meagher (independent.ie) explores how easy access to online betting is increasing the risk that some of us will stop having fun, and develop a harmful addiction

    When Barry Grant decided he would specialise in counselling for gambling addiction, he knew there was something he had to do. To fully get a sense of what future clients would be going through, he opened online betting accounts with some of the biggest gambling companies on earth.

    The Wicklow-native, now based in Waterford, had never gambled before – and had long avoided the slot machines in the amusement arcades on the promenade of Bray. But now, he was signing up with Paddy Power and the the other household- name bookies and was placing bets.

    He quickly became alarmed about how it started to take over his day. “I was surprised to get such a buzz from it,” he says. “There was this feeling of excitement that you might win some money. And then more money. After a few days, my mind was racing – and it was all so easy to gamble on my phone. The gambling companies had made it so appealing to bet – and I didn’t have to darken the door of a bookie.”

    Grant soon closed all his online accounts and never made a bet again, but he had quickly come to understand just how easily it is for someone to become addicted to gambling.

    Now, in the course of his work as one of the country’s few gambling-specific counsellors, he meets men and women of all ages and all backgrounds who have had their lives wrecked by gambling. “Many of them have only gambled online, especially the younger ones. Some have never been inside a bookies and would admit to not knowing what to do if a betting slip was put in front of them. They’ve grown up with online gambling being available around the clock – and, as I found out myself, it’s all too easy to gamble whenever you want, no matter where you are.

    “The likes of Paddy Power has made it incredibly easy to bet on your phone – you’ve almost got to admire how user-friendly their app is.”

    The fallout of gambling has been thrown into sharp relief this week thanks to the publication of a new book, Tony 10, which details one man’s descent into a gambling-induced hell. Its subtitle – The Astonishing Story of a Postman who Gambled €10,000,000
 and Lost it All – offers a snapshot of how one man on the street found himself in way over his head.

    Wexford man Tony O’Reilly started off with a simple €1 bet but became so hooked on gambling that he ended up stealing €1.75m from his employer, An Post, in order to fund his habit and – he thought – reduce his debts. He wound up in prison and he lost many of the most precious aspects of his life, including his marriage. The book’s title refers to the online betting username O’Reilly had used.

    Davy Glennon can understand the dark nights of the soul that O’Reilly experienced more than most. The Galway hurler, who won an All-Ireland medal last year, says he lived 10 chaotic years trying to cope with his addiction to gambling and says he is only now trying to get back to “some sort of normality”.

    “I am a chronic, compulsive gambler and I will be until the day I die,” he says, speaking to Review this week after an evening training session with his county teammates. “Not only did I have 10 chaotic years where I didn’t know if I was coming or going, but I caused people close to me an awful lot of pain and I regret that so much.”

    Glennon is one of a number of high-profile GAA players who have spoken openly about their addiction to gambling and he hopes that by detailing his own difficulties, he can encourage other young people to stay clear of the temptation to place that first bet.

    “I was 16 when I started,” he says. “It was a simple bet in the local bookies. I didn’t think anything of it at the time, but I started to enjoy betting on stuff. Before you know what’s happening, you’re betting all the time. I mean, it didn’t take long before it reached the point that I’d be waiting in the car park of my local town for the bookie to open while my family thought I was studying.”

    The advent of smartphone technology and 4G connectivity has helped make gambling companies super wealthy but has come at an enormous cost to people like Glennon. “It was better 10 years ago in that the bookmaker would be closed at night and you could at least go away and think about what you were doing,” he says.

    “But in recent years, the temptation to gamble is there all of the time. You could wake up at 4 in the morning and you could have gambled away a few hundred euro in seconds. And it becomes like monopoly money – you stop thinking it’s real, maybe because you don’t see physical cash being handed over like you would in a bookies.”

    Glennon says he sought help soon after one particular gamble didn’t work out. He had placed a €2,000 stake that three particular horses would finish one, two and three during a race at Cheltenham in 2015 and stood to make €58,000. It was all going perfectly until the final hurdle when one of the horses fell.

    It was at the Cuan Mhuire addiction centre in Galway that he started on his journey to recovery. One of the counsellors there, Alan Martin, says he is seeing increasing numbers of young people present with severe gambling problems.

    “Online gambling has made a bad situation much worse,” he says. “It’s helped to normalise gambling and it may well have attracted people who would never have gambled in the traditional ways. One of the people that was here recently was a 23 or 24-year-old woman, and the reason she started was because of the gambling pop-ups that she used to get on her phone after going into certain websites.

    “Unfortunately, the only thing the gambling firms are concerned with is making money – and they’re making an awful lot of money very easily. What they don’t see are the broken lives that are left behind and I’m not just talking about the person with the addiction. Families can be destroyed by gambling. Homes can be lost. Marriages can break up. Children can be badly affected. It’s horrific and the thing about online gambling is that often there are no warning signs for loved ones, and the revelation comes out of the blue for them.”

    Barry Grant believes the gambling behemoths aren’t doing nearly enough to keep the pledge they make about responsible gambling. “When they talk about responsibility and so on, they’re empty words,” he says. “They’re in the business of making money, plain and simple, and they’ve become very good at creating products that appeal to all sorts of people.”

    The Paddy Power home page is a case in point, according to Grant. It boasts an enticing offer to new customers: Bet €10 and get €30 in free bets. “That’s the equivalent of someone passing a pub and seeing a sign in the window saying ‘Buy a pint and get three pints for free’. And they talk about responsibility. And it’s not just Paddy Power – they’re all at it.”

    Paddy Power celebrates its 30th anniversary this year and by any measure, it’s a phenomenally successful business. A merger with Betfair in 2016 made it one of Europe’s biggest gambling operations. The newly merged firm received a market valuation of €10.2bn on its first day of trade.

    Review contacted Paddy Power in relation to this article and was asked to present a series of questions. It declined to answer them directly. Instead, a short statement was furnished through the Dublin PR firm Drury Porter Novelli, and a request to examine the ‘responsible gaming’ section of its website.

    “Paddy Power Betfair is strongly committed to responsible gambling,” it reads. “We promote and provide market-leading tools to help customers control their play. We engage proactively with customers showing signs of potential harm. We fund research and treatment for problem gambling. As a long-standing policy, we do not discuss specific customer accounts, either past or present. There have been significant developments in our approach to responsible gambling since 2011. This is, and will continue to be, a key business priority as we systematically seek to enhance our approach to responsible gambling.”

    Review was told that the company would be providing no further comment, including requests for elaboration on how it engages with “customers showing signs of potential harm”. It also declined to say which “research and treatment for problem gambling” it funds or what amount it donates.

    Huge personal cost

    John [not his real name] has been receiving counselling in the past 12 months and believes gambling firms should be compelled to devote a large chunk of their profits to combating addiction. “At least 10pc should be devoted to it, including the funding of addiction centres and a high-profile advertising campaign to show how destructive gambling can be. If they were able to do it for the tobacco industry, they should be able to do it for gambling, too.”

    He says he has only ever gambled online. “I started off betting on the results of Premier League soccer matches. Then I started betting on the most ridiculous things, like which player would be the first to score or who would score with a header. I started betting on politics and TV reality shows – and the whole thing just ate into my life. And there’s a huge cost – not just financial. I lost my girlfriend over it – and I don’t blame her because I made my life a misery.”

    John is in his mid-30s and continues to live with his parents in a bid to pay off his debts. “It’s not where I wanted to be at this stage of my life but it feels like paradise to where I was at two years ago. I never, ever want to go back there and it makes me angry about how the bookies aren’t held to account.”

    Too often, he says, their publicity stunts are seen as playful, no-one-gets-hurt antics, lapped up on social media, but he believes that it only serves to normalise gambling. “I was disgusted with the Mayweather-McGregor fight,” he says. “Paddy Power had Mayweather wearing boxers with their logo on it. It’s all seen as a bit of fun, but what it means is lots and lots of publicity for them.”

    Estimates vary about how many problem gamblers are in Ireland at present, but it’s conservatively thought to be 40,000. Barry Grant says the Government hasn’t done nearly enough to tackle the problem.

    “The Irish Gambling Control Bill has been gathering dust since 2013,” he says. “I’m mystified about how it hasn’t been enacted yet, especially as the existing legislation is so badly out of date.” The most significant document on the statute books – the arcane-sounding Totaliser Act – dates from 1929.

    Alan Martin says restrictions on advertising and promotion are badly needed. “I can’t see a negative in it. At the moment, it’s all too easy for these companies to reach vulnerable people. And it’s everywhere, no matter where you look.”

    In the UK, steps are being taken to restrict certain forms of gambling advertising. TV ads from Bet 365 encouraging ‘in play’ gambling are likely to be banned from April. In a campaign that armchair football fans will be all too familiar with, actor Ray Winstone pops up at half time offering odds on markets such as the next scorer or the final score.

    These urgent calls to action – such as to ‘Bet Now!’ – are being condemned by the regulator, Committees of Advertising Practice, over fears that consumers may feel pressurised into participating when they otherwise would not.

    Bet 365 – whose logo is emblazoned on the shirt of hometown club Stoke City – will have been dismayed by the ruling. The company has become one of the the world’s betting giants, and in 2016 MD Denise Coates paid herself ÂŁ217m, making her the highest paid boss in Britain.

    Despite the scale of the problem, both Barry Grant and Alan Martin believe addicts can always be helped. “It starts with getting help,” Grant says. “One of the first thing to do is to install blocking software on all devices, such as Gamban, and then to get a close friend or family member to take control of finances.”

    ‘Stop and think’

    “We have 600 people a day at Cuan Mhuire’s five centres around the country,” Martin says, “and while they may have other addiction issues, such as alcohol, many of them have gambling problems and they can and are being helped. It’s important that that message is out there – no matter how bad a situation someone may be in, it is possible to turn things around. It isn’t easy but it can be done.”

    Davy Glennon, meanwhile, is hoping to stay on the straight and narrow and his immediate focus is on something he loves: hurling. Galway play Dublin in the Allianz league tomorrow and he hopes to be part of it.

    “I would say to anyone who’s thinking of making their very first bet to stop and think, and to ask themselves if they really know what they’re doing. It might feel like fun, but if you find yourself going back to it time and again, it will quickly turn into a nightmare. I wouldn’t wish it on anyone.”

     

    Source: independent.ie

  • Tunity announces the source of its US$12 Million funding

    Tunity announces the source of its US$12 Million funding

    Reading Time: 2 minutes

    Tunity, the developer of a unique Deep Learning and Computer Vision-based technology that allows to scan any muted live TV, enabling it to stream it’s audio directly to your mobile device today made a grand announcement  about a US$12 million funding which comes from its existing investors, such as John Mack, the former Morgan Stanley CEO, and Adam Neumann, the Founder and CEO of WeWork, who will be accompanied by new partners like  MGM Resorts International.

    The funding will be utilised to complete the productisation of Tunity’s data, which has already grabbed a lion share of attention alluring significant interest from television networks and advertisers. Simultaneously, has enhanced its patented cloud-based Deep Learning and Computer Vision technology. Since its launch, the Tunity app has been downloaded more than 1.5 million times, further proving the company’s value proposition to consumers through organic adoption and continued usage. In view of this several key industry executives hire will be announced in the upcoming weeks.

    After a user scans a nearby television screen, the Tunity app identifies the live video stream and its exact timing, syncing the audio with the user’s mobile device. Tunity currently works with more than 100 channels in the US, including FOX, CBS and ESPN.

    Yaniv Davidson, the Founder of Tunity said: “With more than 20 per cent of Americans watching television outside of the home, today’s announcement brings us one step closer to transforming the way consumers interact with live programming they want to watch but can’t hear. Measuring these out-of-home audiences has tremendous value to brands and the networks. Extracting Tunity’s unique data insights will provide a better understanding of viewing habits and lead to more effective ad buying decisions.”

    In a related announcement, Tunity and MGM Resorts will be launching a strategic partnership. MGM Resorts will use Tunity’s patented technology to enhance its guests’ experience and drive greater customer engagement, enabling its guests to hear any TV at its properties through the mobile application.

    With regard to this Steve Zanella, MGM Resorts’ President of Core Properties, Las Vegas said “We are happy to invest in Tunity and its incredible technology, and are excited to partner with the company to further enhance the experience for guests within our resorts and beyond.We are always looking for new ways to elevate the guest experience, and Tunity’s technology will help us continue to lead the industry with an innovative and engaging approach to our customer experience.”

  • Australia’s Gaming Technologies Association calls forth Nick Xenophon to halt anti-gaming policies

    Australia’s Gaming Technologies Association calls forth Nick Xenophon to halt anti-gaming policies

    Reading Time: < 1 minute

    Australia’s Gaming Technologies Association called forth  Nick Xenophon, the Australian politician and the leader of both the NXT and SA-BEST political parties to halt anti-gaming policies.

    The former senator, who had run several campaigns against the gaming industry has taken a case to the Federal Court accusing Crown Melbourne and Aristocrat Leisure guilty of misleading masses with deceptive slot machine operations.

    However, the Federal Court has recently dismissed the allegations of unconscionable conduct against Crown Melbourne and Aristocrat Leisure. While  Australia’s GTA at present demands Xenophon withdraw his SA-Best party’s gaming policy.

    GTA CEO, Ross Ferrar said in a press release: “Our industry has been subjected to stringent legal scrutiny and has passed with flying colours.However, opponents of our industry continue to rely on the very same claims that were rejected by the Federal Court. The truth is that every poker machine in operation in Australia is subject to stringent legislation, regulatory review and oversight, including in South Australia. Justice Mortimer conducted an open and lengthy legal process in the Federal Court and ultimately the claims made about poker machine design were emphatically rejected. I would urge Mr Xenophon to respect the findings of the Federal Court and amend his policy and withdraw his comments.”

  • Online Gambling in Italy, Quirino Mancini (Tonucci & Partners) shares insights in an exclusive interview

    Online Gambling in Italy, Quirino Mancini (Tonucci & Partners) shares insights in an exclusive interview

    Reading Time: 4 minutes

    Just last week the Italian gaming news agency Agimeg reported that Italy’s gambling regulator had so far received “less than 10 applications” for the new licenses, which cover mostly all gambling activities – sports and race betting, casino, poker, exchange betting, virtual sports, etc.

    The licenses cost €200k apiece and are valid through 2022. Applicants must already hold an online gambling license in a European Union member state and boast annual turnover of at least €1.5m over the past two years. If applicants can’t meet these standards, they have to put up an additional €1.5m bank guarantee.

    My latest interviewee is among the leading lawyers in Italy. Quirino Mancini is Partner and Global Head of Gaming & Gambling Practice at Tonucci & Partners.

    Thank you for accepting this interview. My first question would be what are your expectations from the call for bids from online gaming operators? How will this change the Italian gaming industry?

    Quirino: Judging by the first enquiries I have gathered since the announcement of the new licence tender, it would seem that notwithstanding the Italian market is already packed, there still are operators willing to enter it. This applies not only to B2C operators but to B2B ones too, even though unlike, most European regulated markets, the Italian licensing model does not require B2B operators to hold a local licence in order to offer their services, so if the trend is confirmed I reckon the Italian market will be somewhat re-shaped as a result of the advent of the “hybrid” operators (B2C+B2B).

    The launch of the bidding process was expected much earlier. What hindered the launch, and does this have any effect on the process of bidding?

    Quirino: The only reason for an otherwise inexplicable delay in calling the remote gaming licences tender is the quite populistic and very often ill-informed political pressure, notably across the whole parliamentary board, to restrict the gaming offer. Unfortunately the local gaming industry has so far proven unable to pull their acts together in terms of putting together a consistent, coordinated and effective effort to somehow redress the mounting wave of discredit and bias thrown at operators who are fully legal, legitimate, licensed and do pay taxes in Italy as if instead they were a bunch of offshore-based pirates ripping and abusing the poor Italian consumers.

    There are several online gambling licenses which have already entered the Italian iGaming market and now only require the renewal of their licenses. My question is what is your opinion how difficult this process will be for the rest of the applicants?

    Quirino: The licence tender process is all but difficult provided the prospective applicants duly meet the eligibility requirements and take timely action filing-wise. The real challenges for them, once licensed, are (i) going live in less than one full year bearing in mind the many technical peculiarities and specificities of the Italian remote gaming model that notably entails a 24/7 connection of the operator’s servers with the central control system ran by the regulator, (ii) having a good product fit and also customised for the local players, and (iii) having a clear vision for an effective and creative marketing strategy.

    The delay in the online gaming licensing might have had an effect on the shared online poker liquidity agreement signed by Italy as well. What is your opinion regarding this problem?

    Quirino: I believe that when it comes to shared international liquidity, the more newcomer operators join the party, the better it is for the players in terms of creating a sufficiently large pool.

    It has recently been announced that Italy will not join the official start of the project. Will you, please share your ideas related to this issue?

    Quirino: On 4 March 2018 general elections will be held in Italy. As already mentioned in a previous reply, at this time there definitely is too much focus, bias, propaganda, mis-information and pressure surrounding the gaming business for any sensible politician to want to be seen as the one who facilitated the offer of more gaming services to Italians, and because regulators take instructions and directions from the government and the parliament, you may easily figure out the rest of the story

    To meet Quirino in person, make sure you register and attend Prague Gaming Summit 2018, held on the 29th of March at Andel’s by Vienna House Prague.

    Interviewee profile:

    Quirino Mancini is the global head of the gaming and gambling practice at Tonucci & Partners(www.tonucci.com), a top-ten Italian general practice firm with offices in Rome, Milan, Brescia, Padua, Florence, Tirana, Bucharest and Belgrad.

    Quirino is one of the leading Italian gaming and gambling lawyers with a specialist practice of almost 20 years.  He acts for Italian and foreign-based online and land-based companies operating in the Italian gaming market, advising them on legal, licensing, regulatory, day-to-day compliance and any other operational aspects connected to their activities.  He also runs a bespoke matchmaking and business strategy service to provide clients with a customised type of assistance that includes also introduction and facilitation of dealings with the local regulatory authorities, banks as well as scouting and suitability checks on potential business partners.

    Quirino is a regular speaker at most international gaming conferences and sits in the editorial board of various sector reviews and magazines.

    Co-founder and editor of www.gaminglaw.eu, a pan-European information and commentary portal focusing on legal and regulatory issues under European and national gaming laws.

    Secretary and fellow member of the Leadership Committee of the International Masters of Gaming Law (IMGL), a worldwide organisation gathering regulators, lawyers and advisors, in-house counsels and educators engaged in the gaming business.  Fellow member of the International Association of Gaming Advisors (IAGA)

  • Police arrest online gambling gang in Borneo

    Police arrest online gambling gang in Borneo

    Reading Time: < 1 minute

    Acting on a public tip off, the Gambling Suppression and Anti-Vice Unit of the Criminal Investigation Department (CID) of the Royal Brunei Police Force (RBPF) busted an online gambling gang operating from a house in Kampong Rimba recently.

    During the surprise raid last Wednesday, police personnel detained two locals, a permanent resident and two Malaysians who were involved in the gambling activity.

    Police also seized 15 units of computers and one gaming machine containing the gambling game programme SCR888.

    The case is currently under investigation under Section 4 of the Common Gambling Houses Act, Chapter 28.

    The RBPF advised members of the public not to get involved in any activities that go against the law and urged them to report any suspicious activities by contacting the police hotline or the nearest police station.

  • eSports team to emerge as an eSports empire – do not despise small beginnings

    eSports team to emerge as an eSports empire – do not despise small beginnings

    Reading Time: 3 minutes

    Being backed up and fostered by some of the giant names among sports and money managers for entertainment family dynasties and Hollywood power brokers, the esports team which started small will promptly emerge as an esports empire.

    The Vision Esports LP, esports conglomerate launched by Stratton Sclavos, Rick Fox, and Amit Raizada has just closed on a $38 million investment from a host of investors led by the Creative Artists Agency and TPG Growth joint venture Evolution Media.

    Rick Hess, the Founder and Co-Managing partner of Evolution Media, in a statement said: “Evolution Media has spent several years advising and analysing companies in the esports sector, and we’re particularly excited to partner with a world-class management team led by Stratton, whom we’ve known since his days running Strikeforce and the San Jose Sharks. Esports is one of the highest growth sectors within all media and entertainment. We could not be more bullish on the space and Vision’s market position.”

    NBA superstar Kevin Durant and Rich Kleiman’s Durant Company also joined to back up Vision Esports along with Shamrock Holdings — the personal investment vehicle for the Walt Disney family; the St. Louis Cardinals baseball team; and New York Giants star wide receiver Odell Beckham Jr.

    The company’s roots stem from a now-apocryphal trip that Fox, an NBA all-star, and actor, took with his son to see an esports game at Madison Square Garden. Fox came away from the game with a respect for competitive gaming and a thirst to get on the ground floor of something he thought could be the next big thing.

    With the help of Raizada, the two formed EchoFox and began recruiting a roster of players across a slate of different game titles.

    Sclavos, the Former Chief Executive of tech company Verisign and the San Jose Sharks, wanted to come down to Los Angeles to start an investment fund. At a dinner with Fox and Raizada, he was recruited into the esports world and launched Vision Esports.

    “You can’t deny the numbers,” Sclavos says. “It’s like the internet was way back in 95 and 96.”

    And as the three men looked at what was going on within the burgeoning business of esports they saw opportunities to not to just own a team, but also own a league and create their own narrative franchise around the games, the teams, and their league. That is where the new capital comes in.

    Through the new investment, money Vision Esports will take a majority position in the EchoFox franchise that was Fox’s brainchild and launched the group’s journey to the centre of the esports earth. The conglomerate is also going to include Twin Galaxies, which began in 1981 as the ultimate source for video game world records, stats, and player analytics and is now creating in esports leagues in conjunction with game publishers. Finally, the group used some cash to take a majority position in Vision Entertainment, which produces esports related stories and live streams for esports events.

    Now all of the various esports properties will sit under one roof and the team at Vision Esports can work on rolling out their first league, a battle royale-based competition the Twin Galaxies’ H1Z1 Pro League which will begin its inaugural season in April 2018.

    “This is just like pro sports,” says Scalvos. “Why wouldn’t you want to invest broadly across the spectrum so you have participation in the team side, participation in the league and the content? And we said, let’s be in all three parts of the ecosystem.”

    The economics speaks for itself. According to Scalvos, leagues are wildly more profitable than teams. “Teams are great but leagues make 27 times the revenue,” he said.

    The approach that Vision Esports is taking to building their league (around the wildly popular battle royale format) alongside game publisher Daybreak Games is a new model.

    Activision/Blizzard and Riot chose not to partner with anyone for their competitive gaming leagues. Meanwhile, competitive gaming has existed outside of the control of game publishers for several years with Valve selling licenses to run tournaments worldwide, according to Scalvos.

    While much of the capital went to investments, Vision Esports also built out its team. Adding Chris Nordling, a former Executive at MGM Resorts; Mike Mossholder who worked for the UFC; and Jace Hall who was with Warner Brothers Interactive.

    “It took a while to get here but this esports thing is here,” said Scalvos.

    Source: techcrunch.com

  • Switzerland’s upcoming referendum about the online gambling industry will be presented by Dr. Simon Planzer at Prague Gaming Summit 2018

    Switzerland’s upcoming referendum about the online gambling industry will be presented by Dr. Simon Planzer at Prague Gaming Summit 2018

    Reading Time: 3 minutes

    Prague – 23 February 2018 – The second edition of Prague Gaming Summit will include a wide range topics and compliance updates from various countries in the region and we are adding a new topic in the panel discussion for the event which will take place on the 29th of March at Andel’s by Vienna House Prague.

    Besides the compliance updates and opportunities of the Czech, Polish, Slovak, Slovenian and Austriand markets, the event will also feature a presentation of the highly awaited referendum in Switzerland.

    On September 29, 2017 the Swiss Parliament passed a revised gambling law entitled the Money Gaming Act. The Act unites Switzerland’s existing acts on casino games and betting/lotteries into a single Act. The new Act equally lifted the current online gambling ban, however only operators of licensed casinos (type A and B) may qualify to apply for an additional online casino license. The new Money Gaming Act therefore provides the possibility to block access to foreign online gambling websites to Swiss citizens.

    Despite not being strictly prohibited, online gambling was technically illegal under current legislation but international operators were able to target local players. However, the new law ends that and formally legalises online gambling, but bars international companies from operating within the country.

    Therefore, internet service providers will be obliged to block access to international gambling operators’ websites and the Swiss government will provide compensation for any expense it may provoke.

    In spite of clearly passing the parliament, the new legislation was challenged by the youth organisations of the Swiss People’s Party, the Free Democratic Party and the Green Liberal Party. They wanted to organize a referendum against blocking international operators which needed to gather 50k signatures in 100 days in order to even take place.

    On January 18, 2018 the required number of signatures were finally submitted. Therefore, a public referendum concerning the Money Gaming Act will take place on June 10, 2018.

    If the Swiss electorate accepts the act by referendum, the new Gaming Act will remain unchanged and come into force during 2019. In the other hand, the parliament will have to pass a revised new Gaming Act, delaying the process of implementation

    The latest topic announcement comes along with the announcement of a new speaker who will join the “Focus on Slovakia, Slovenia, Switzerland and Austria” panel discussion and will give the inside information about the Swiss market and the upcoming referendum.

    Dr. Simon Planzer(Planzer Law)

    Partner at PLANZER LAW

    The Zurich-based gaming law boutique PLANZER LAW provides strategic, regulatory and legal advice to stakeholders across all areas of the gaming industry. The firm’s primary focus is on EU/EEA gaming law, compliance issues such as AML as well as Swiss gaming law and related commercial, corporate and financial matters.

    Simon is General Member of the International Masters of Gaming Law. An alumnus of the College of Europe, he specialised early on in EU affairs and gaming law, working at the EFTA Court, the legal service of the EFTA Secretariat and as research fellow in European business law.

    Simon is the author of the monograph (PhD) ‘Empirical Views on European Gambling Law and Addiction’(2014) and the book chapter ‘Gambling Law’ in The Handbook of EEA Law (2016), both published by Springer International Publishing. Simon also works as a Lecturer in Law at the University of St.Gallen where he teaches European Economic Law. He studied and did research i.a. at Harvard University, the College of Europe and the European University Institute.

    More speaker profiles will be releases soon, but you may want to check the already confirmed line-up of speakers and register in time. The event is limited to 125 seats.

    Make sure you register in order to get a chance to networking with the representatives of Fortuna Group Entertainment, Sazka, Superbet, NetEnt, Cubits, Payout s.r.o., Nmi Gaming, Data Bet, Pangea Localization Services, PMU, BMM Testlabs, ROMBET, All-In Translations, Trustly, Betgenius, Endorphina and much more.

    Visit the official website of the event for more details: https://praguegamingsummit.com/

    To hear more about the subjects and meet Simon in person, make sure you register and attend Prague Gaming Summit 2018, held on the 29th of March at Andel’s by Vienna House Prague.

  • GambleAware in quest of a creative agency to lead a ÂŁ7m public awareness campaign

    GambleAware in quest of a creative agency to lead a ÂŁ7m public awareness campaign

    Reading Time: 2 minutes

    GambleAware, the independent charity tasked to fund research, education and treatment services to minimise gambling-related harm is in quest of a creative agency to lead a new ÂŁ7m public awareness campaign which intends to tackle low-level gamblers who are at risk of becoming addicts.

    The charity disclosed it has been called for by the government to lead a new public awareness campaign to alarm about the risks associated with gambling and how to avoid them.

    With regard to this undertaking, an independent board, Chaired by Professor Sian Griffiths, will oversee marketing activity that will run for at least two years commencing from August. Agencies were contacted yesterday through ISBA as an intermediary and the brief does not affect 18 Feet & Rising’s status of the agency of record for the charity. A year ago the agency created its first ad for GambleAware; the campaign focused on “the voice in your head” which can lead addicts to compulsively gamble.

    Instead of focusing on “problem gamblers”, the new campaign will put the spotlight on relatively low-level gambling harms preventing escalation to more damaging behaviour.

    Younger men, who are more likely to gamble online, are seen as a key “at risk” group that GambleAware’s advertising will target.

    Agencies will be expected to create a campaign that will encourage people to think more critically about gambling products and provide prompts for conversations about gambling within families and friendship groups.

    The campaign is funded by the gambling industry and supported by broadcasters, which have committed to provide up to ÂŁ7m in free media for the campaign.

    It is not part of the “When the fun stops, stop” responsible gambling campaign by The Senet Group, the independent body backed by bookmakers including Sky Bet and William Hill.

    However, the Department for Digital, Culture, Media and Sport is keen to step up awareness of problem gambling amid growing pressure from campaigners to put new restrictions on betting ads.

    The government’s current Gambling Review, launched last October, is looking at tougher restrictions, including imposing a broadcast watershed. Last week the Committees of Advertising introduced a raft of changes to the UK advertising code around gambling, including how free bets are promoted.

    In a statement, GambleAware said: “This is a new initiative and GambleAware will work with ISBA to select a creative agency. In the meantime, GambleAware will continue to work with 18 Feet & Rising to build upon the excellent work they have done for us in re-branding and promoting BeGambleAware.org as the primary gateway to advice and treatment for gambling-related harm.”

  • Golden Nugget seems to be a small fry among the giants, but it is going one better online

    Golden Nugget seems to be a small fry among the giants, but it is going one better online

    Reading Time: 2 minutes

    The New Jersey Division of Gaming Enforcement is out with the January 2018’s revenue for online gaming in the Garden State.

    In view of this amble number of articles have been circulating in the interwebs about the NewJersey online gambling revenue numbers, including how: the state revenue hit a record territory with nearly $30 million.

    This crowning achievement of 16.7% substantial and consecutive growth has awakened the green monsters of other industries. And it is estimated that a lifetime revenue of $1 billion for New Jersey casinos is a real possibility this year.

    Amidst all that news hugely impacting the online gambling in its fifth year, the contribution of Golden Nugget’s revenue to those numbers seems striking.

    Golden Nugget NJ vs the rest

    Though Golden Nugget seems to be a small fry among the giants in the Atlantic City Boardwalk, it is going one better online.

    It is for the very first time, that Golden Nugget has posted an impressive $7.3 million for January. Not only for Golden Nugget, it is also the first time a single NJ online casino earned more than $7 million in a single month shattering the previous record of $6.25 million, they had set last summer.

    What is exceedingly impressive is that Golden Nugget and its family of NJ gambling sites (GoldenNuggetCasino.com, BetfairCasino.com, and PlaySugarHouse.com) generated about one-third of all online gambling revenue.

    To put the numbers into perspective, its closest rival, Borgata posted an online casino revenue number of $3.5 million, which is about half of what Golden Nugget produced.

    Why is Golden Nugget the NJ online gambling winner?

    What is the key to Golden Nugget’s success? In short, innovation mixed with some uncharacteristic risk-taking.

    The executive management team at Golden Nugget has been able to step away from the steadfast decision-making that is prevalent in the land-based casino model and treat its online gaming operation independently.

    The most significant innovation came in the fall of 2016. That’s when Golden Nugget introduced live dealer games to its online gaming offerings. Live dealer games are an interactive experience where a player can chat with the dealer and other players at the table. The players take the appropriate actions, and the outcome of games are streamed live.

    It has been a year and a half since the introduction of live dealer games, and they are as popular as ever.

    What’s more interesting and very telling is that little innovation is coming out of Golden Nugget’s competitors to compete with them. This kind of risk-taking and out-of-the-box thinking is what will continue to secure Golden Nugget’s leadership status going forward.

  • Palestine police invades the Win City Game Room – two detained, 59 Gambling machines seized

    Palestine police invades the Win City Game Room – two detained, 59 Gambling machines seized

    Reading Time: < 1 minute

    In a raid laid out by the Palestine Police Department, police invaded another East Texas game room in Palestine on Wednesday, executing a search warrant by around  6 a.m. Consequently, 59 gambling machines and over $5,000 in cash were seized at the Win City Game Room.

    As per the reports of the Palestine authorities, the owner of the game room in the 1300 block of Texas Highway, 155 was not present at the site during the time of the raid.  Police apprehended two men on nonrelated drug charges during the raid.

    Juan Manuel Vega, 34, and Viri Fernandez, 21, of Palestine, were detained for possessing a controlled substance. A man named Fernandez was also charged for possessing marijuana.

    Undercover investigators visited the game rooms and collected evidence over the course of the investigation leading up to Wednesday’s operation.

    Chronologically, this is the third game room where the raid was conducted this month in East Texas.

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