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Red Rake Gaming set to solidify multi-jurisdiction approach with debut showing at ICE London

Zoltan Tundik

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Nick Barr, Red Rake’s Managing Director of Maltese operations, aims to increase brand awareness
Reading Time: 2 minutes

 

The international appeal of ICE London (5-7 February 2019, ExCeL London, UK), the industry’s largest gaming technology event, has been backed by casino game provider Red Rake Gaming as the company prepares to drive its ongoing European expansion strategy. 2019 will mark the Valencia-based company’s first time exhibiting at the world renowned event and, having just applied for licences in both the UK and Malta, it’s a decision Nick Barr, Managing Director of Maltese operations, believes is a must for Red Rake.

Expanding on their decision to make the transition from visitor to exhibitor, Nick explained: “Our biggest goal for ICE 2019 is to keep increasing our brand awareness among the best operators in the world. When we entered the real money casino business in late 2015, we became aware from multiple sources that ICE London was the most important event in the world for this industry, so ICE 2016 was the first time ever we attended the show as a visitor. Now in 2019, we want to capitalise on the great product and an excellent reach in regulated markets we can provide, so exhibiting at the biggest show for the industry was a no-brainer for us.”

Since its inception, Red Rake Gaming has experienced significant growth and demand across a number of territories. Discussing the company’s desire to expand its casino and iGaming portfolio across Europe and internationally, Barr said: “We’re keen to collaborate with leading operators and platform providers from many European regulated markets like Spain, Italy, Portugal, UK and Sweden. The reason behind this is that our games portfolio is perfectly suited and already proven between the players of these markets.

“We firmly believe that we supply some of the best casino games in the industry. Boasting superb graphics and strong feature games, both of which are driven by our knowledge gained from the social casino sector, our portfolio can be pivotal in driving our partners casino revenues. Although slots are our main focus, we also provide our partners with table games and video bingos, which are registering great results from our LATAM clients.”

He concluded: “There are many casino games providers out there, but, honestly speaking, we feel that very few combine the variety in their gaming portfolio, the stickiness in the game play and the multi-jurisdiction approach that we possess. As a first time exhibitor at ICE London, we are really looking forward to meeting our existing partners at Stand N9-325, to keep growing the great cooperation we have already built, as well as showcasing our fresh offer to new partners”.

ICE London 2018 featured 589 exhibitors drawn from 65 jurisdictions. The unique number of visitors attending the event was independently audited as a record 33,536, an 11 percent increase on 2017 and a landmark which constituted the event’s seventh consecutive year of growth.

After starting out as an affiliate in 2009 and developing some recognized review portals, I have moved deeper into journalism and media. My experience has lead me to move into the B2B sector and write about compliance updates and report around the happenings of the online and land based gaming sector.

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Gambling in the USA

PA Gaming Control Board to Hold Public Hearing on February 20th for Parx Casino License Renewal

Zoltan Tundik

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Reading Time: 3 minutes

 

The Pennsylvania Gaming Control Board will hold a public hearing on Wednesday, February 20, 2019 to gather evidence, including public comment, on the renewal of the Category 1 Slot Machine Operator’s license for Greenwood Gaming and Entertainment, Inc., operator of the Parx Casino in Bucks County.

The hearing will begin at 10:00 a.m. in Council Chambers at the Bensalem Township Municipal Building, 2400 Byberry Road in Bensalem, Pennsylvania.

Complete information on the hearing, including links to sign up to present oral comment at the hearing or to provide written comment prior to the hearing, is on the Board’s web site, www.gamingcontrolboard.pa.gov, under its Quick Links section of the home page. The deadline for registration to speak at this hearing is noon on Tuesday, February 19, 2019.

Written comments can be mailed, with a postmark no later than Tuesday, February 19th to:

PA Gaming Control Board 
P.O. Box 69060
Harrisburg, PA 17106
Attention: Board Clerk

Comments can also be faxed prior to that deadline to 717-265-7416 or e-mailed to boardclerk@pa.gov.

Pursuant to section 1326 of the Pennsylvania Race Horse Development and Gaming Act, all licenses shall be subject to renewal every five years.  The renewal application must include an update of the information since its last renewal.

To implement the renewal requirement, the Board utilizes a two-step process:

  • First, the February 20th public hearing will be held before the Director of the PGCB’s Office of Hearings and Appeals for the purpose of receiving documentary evidence, hearing testimony and building a record upon which the Board will base its licensing decision.  The hearing record, along with a report from the Director of Hearings and Appeals, will be transmitted to the Board.
  • The second step is to hold a separate public hearing in Harrisburg at a later date where Greenwood Gaming and Entertainment, Inc. representatives will offer oral arguments and Board members can ask additional questions.

At the renewal hearing, the burden is on the renewal applicant to establish and demonstrate, by clear and convincing evidence, its eligibility and suitability for renewal of the gaming license last renewed in November 2014.  During the hearings, the renewal applicant will be given the opportunity to demonstrate, among other things, its good character, honesty, and integrity; compliance with its statement of conditions; tax revenue generated; jobs created; amenities added since the last renewal; success in implementing its diversity plan; and involvement in the surrounding communities.

Following these proceedings, the Board will then be able to determine whether the licensee remains eligible and suitable consistent with the laws of the Commonwealth and are otherwise qualified to have the license renewed for a five-year period.

All questions that are not press-related should be referred to the PGCB’s Office of Hearings and Appeals at (717) 265-7451.

About the Pennsylvania Gaming Control Board:

The Pennsylvania Gaming Control Board is tasked to oversee all aspects of the state’s casino industry, along with oversight of new gaming initiatives created through amendments to the Race Horse Development and Gaming Act recently approved by the signing of Act 42 of 2017. To date, the PGCB regulates the play within the Commonwealth of Fantasy Sports Contests along with four casino operators offering Sports Wagering. Additional new gaming initiatives are expected to launch in the coming months.

The Commonwealth’s casino industry currently consists of 10 stand-alone and racetrack casinos in operation, along with the two smaller resort casinos.  These facilities collectively employ 17,000 people and annually generate approximately $1.4 billion in tax revenue from slot machine and table games play. The largest portion of that money is used for property tax reduction to Pennsylvania homeowners.

Additional information about both the PGCB’s gaming regulatory efforts and Pennsylvania’s gaming industry can be found at gamingcontrolboard.pa.gov. You can also follow the agency on Twitter by choosing @PAGamingControl.

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Industry News

Police nabs 12 persons for kidnapping US businessman in Costa Rica

Niji Ng

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Police nabs 12 persons for kidnapping US businessman in Costa Rica
Photo Source: thegreekobserver.com
Reading Time: 1 minute

 

The police arrested 12 persons for allegedly kidnapping an American businessman in Costa Rica. The persons were arrested in Costa Rica and Spain.

The assailants kidnapped William Sean Creighton Kopko, the owner of 5Dimes, an online gambling platform, on September 24 in Costa Rica.

Kopko’s family agreed to pay the ransom of the Bitcoin equivalent of $950,800 after his kidnappers made several calls threatening to kill him.

But once the payment was made, the kidnappers stopped communicating with Kopko’s family and he is still missing.

After the kidnapping members of the gang fled to Cuba, the Civil Guard statement said. On November 9, Costa Rica informed the Civil Guard that three suspects had left Cuba and entered Spain through the Madrid-Barajas airport. The suspects who travelled to Spain were arrested after they rented a house in the city of Zaragoza, according to the news release.

Video from Costa Rican investigators shows authorities raiding a house on Friday in Costa Rica. That raid lead to the arrest of nine others allegedly involved in the kidnapping scheme.

The US State Department has not posted any travel advisories regarding Costa Rica, but there is a warning on its website that crime “is increasing in Costa Rica and U.S. citizens are frequent victims.”

American Carla Stefaniak was found dead after she went missing in Costa Rica in November. A security guard at the Airbnb where Stefaniak was staying was arrested and is a suspect in her killing.

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Gambling in the USA

New Illinois Governor discusses gambling expansion

Niji Ng

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New Illinois Governor discusses gambling expansion
JB Pritzke, the 43rd governor of Illinois. / Photo Source: politico.com
Reading Time: 1 minute

 

The governor that started his term on Monday has discussed a possible gaming expansion in the state.

The newly elected Illinois Governor J.B. Pritzker has already initiated discussion on the expansion of casinos in the state. He said that gambling expansion will boost the state’s revenues.

Pritzker seems to have identified gambling expansion as one of the ways to balance the state budget and help pay for a capital bill is through gaming expansion. He also said that now that the Supreme Court has struck down PASPA, the federal act that prevented states from offering sports betting, Illinois has a bigger chance to pass a bill.

“We could implement that in the state as one example. There certainly are opportunities for us to expand casino gaming in the state,” Pritzker said. “So those are a couple of ways for us to expand gaming. Balancing the budget is very important, it’s not just about those revenue enhancements. It’s also about bringing efficiencies to state government.”

Moreover, he said that new casinos could be located near the state border in order to prevent that money from leaving the state. Chicago Mayor Rahm Emanuel has recently called for a casino in his city: “I don’t disagree with you there’s been some cannibalisation within the state and there’s a limited amount of dollars that could exist in the state, but I also know this has to do with geography. Where you put a casino matters to how many dollars might flow from places they haven’t seen dollars flow before… We ought to be thinking about how do we keep the dollars here that are being expended in other states.”

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