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9stacks Gets Ready to Fly 100 Indian Poker Players to Australia During the Aussie Millions, 2019

George Miller

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9stacks Gets Ready to Fly 100 Indian Poker Players to Australia During the Aussie Millions, 2019
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In July, India’s fastest-growing online poker company, 9stacks took the largest ever contingent of Indian poker players to the World Series of Poker in Las Vegas. Of the 25 players who went there, most were first timers, including professional poker players, Nishant Sharma and Vivek Rughani, who became the first Indians ever to finish in the top 100 of the Main Event at the WSOP.

Now, 9stacks is preparing to up the game even further, by taking 100 Indian poker players to Melbourne, Australia to play during the prestigious Aussie Millions poker tournament. The tournament will happen in late Jan to Feb, 2019, and all 100 invitees to #9stacksTeamIndia will be announced by mid-December.

The selection for the 9stacks Team India is already underway, and the first set of 15 poker players has already been announced. This includes Chandni Malik (who goes by the name ‘maidumji’) who is the first woman member of the team. Interestingly, Chandni started her poker journey on 9stacks last year, and in less than a year she has improved her game to a level where she regularly finishes ‘in the money’ in online tournaments and gives the most seasoned poker professionals a run for their money.

“At 9stacks, our aim has always been to come up with the most rewarding and innovative, yet extremely do-able tournament formats and contests. We want to encourage amateur poker players with a desire to play and get exposed to some of the biggest, most premium poker tournaments and platforms in the world. After #LFGVegas made the WSOP dreams of 25 Indian poker players come true and made stars out of Nishant Sharma and Vivek Rughani, we hope that at least one person from the #Aussie100 will go even better and win the main event there,” says Sudhir Kamath, CEO, 9stacks

 

About 9stacks:

Launched last year, 9stacks has a user base of 1 lakh+ subscribers. More than 30 lakh hands of poker are being played every month on the platform, with monthly gross transactions exceeding INR 35 cr per month.

As a member of the All India Gaming Federation, 9stacks has also been a strong voice advocating poker as a game of skill. On its own platform, 9stacks recently launched India’s first skills dashboard where gamers can carry out in depth analyses of their own strategy, and become better players.

9stacks users can play seamlessly across all platforms including iOS, Android, Windows and Macs.

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Australia

Tabcorp Revenue Declines 5.7% During Three Months to September 2020

Niji Narayan

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Tabcorp Revenue Declines 5.7% During Three Months to September 2020
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Australia’s Tabcorp has reported a 5.7% decline in revenue for the three months to September 2020.

The trading update formed part of an investor presentation at the company’s AGM, with Managing Director and CEO David Attenborough revealing the slight 5.7% decline was mainly felt in its Gaming Services segment which fell 55.2% on the closure of licensed venues. Lotteries and Keno revenue was down 6.9% year-on-year with Wagering and Media down 2.9%.

“The duration and severity of COVID-19 is unclear, however Tabcorp remains well placed with our resilient, diversified earnings base and strengthened balance sheet,” Attenborough said.

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Australia

AUSTRAC Launches Formal Investigation into Crown Melbourne Over AML Concerns

Niji Narayan

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AUSTRAC Launches Formal Investigation into Crown Melbourne Over AML Concerns
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AUSTRAC, Australia’s financial crime watchdog, has launched a formal investigation into potential infringements of the country’s anti-money laundering laws by Crown Resorts.

In a Monday morning filing with the Australian Securities Exchange, Crown revealed that it had been informed of the investigation by AUSTRAC after the authority’s Regulatory Operations branch identified potential non-compliance by Crown Melbourne of the Anti-Money Laundering and Counter Terrorism Financing Act 2006 and the Anti-Money Laundering and Counter Terrorism Financing Rules 2007.

The potential non-compliance relates to “ongoing customer due diligence, and adopting, maintain and complying with an anti-money laundering/counter terrorism financing program,” Crown said.

It added that the concerns were identified “in the course of a compliance assessment that commenced in September 2019 and focused on Crown Melbourne’s management of customers identified as high risk and politically exposed persons.”

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Australia

ACMA Moves to Block Two More Illegal Gambling Websites

Niji Narayan

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ACMA Moves to Block Two More Illegal Gambling Websites
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The Australian Communications and Media Authority (ACMA) is set to request the Australian internet service providers (ISPs) to block two more illegal offshore gambling websites.

The sites to be blocked are Dinkum Pokies and Fortune Clock Casino. Following numerous complaints about these services, including complaints about withholding winnings and poor player treatment, ACMA undertook investigations that found them to be operating in breach of the Interactive Gambling Act 2001.

Website blocking is one of a range of enforcement options to protect Australians against illegal online gambling. Since the ACMA made its first blocking request in November 2019, 150 illegal gambling websites have been blocked.

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