Calvin Ayre News

  • Atlantic City casino revenues down 2.7 percent

    Casino revenues of Atlantic City have dipped by 2.7 percent in July but it isn’t enough to make the state gaming officials push the panic button. In fact, New Jersey Division of Gaming Enforcement David Rebuck finds the figure “encouraging” since it only reflects the continued stabilization of the casino...
  • Genting hit with another punto banco scandal; London casino in court

    Genting has been hit with another Punto Banco scandal as the Scottish Sun reveals an internal investigation is ongoing in Genting Glasgow, and Les Ambassadeurs is in court fighting a mystery man from Singapore. Phil Ivey is an inspiration to many, and under normal circumstances ‘the many’ are poker players....
  • SJM Holdings revenue, earnings and profit all down in H1

    Bucking overall market trends, Macau casino operator SJM Holdings reported revenue, earnings and profit declines in the first half of 2017. Figures released Tuesday show the Hong Kong-listed SJM’s gaming revenue falling 2% year-on-year to HKD 20.4b ($2.6b) in the six months ending June 30, while adjusted earnings fell 7.7% to...
  • Portugal online gambling market suffers first revenue decline

    Portugal’s regulated online gambling market took a step backward in Q2 as locally licensed operators struggled to find new customers. The Serviço Regulação e Inspeção de Jogos do Turismo de Portugal (SRIJ) regulatory body released its Q2 and H1 2017 online gambling figures on Tuesday, which showed the market’s seven...
  • Compliance Briefing: London to guide gaming industry to regulatory compliance

    The latest Compliance Briefing event, hosted by iGaming Academy, is coming to London on October 12th 2017. This one day event is designed to educate the online betting and gaming industry on significant regulatory changes upcoming 2017-18 that will impact their businesses. The event will be a deep-dive into...
  • The EC rubber stamps Portugal’s online poker shared liquidity framework

    After a long and laborious wait, the European Commission finally rubber-stamped a technical framework from the Serviços de Regulação e Inspeção de Jogos allowing them to start negotiating with other European regulators on a shared online poker liquidity scheme. The sorry saga for online poker pros trying to ply...
  • China to “severely punish” illegal gambling operators

    China has vowed to “severely punish” both land-based and online gambling operators who target mainland Chinese gamblers. On Wednesday, the state-run Xinhua news agency quoted Public Security Minister Guo Shengkun saying the authorities “must seriously investigate and severely punish those companies and individuals involved in enticing and organizing Chinese...
  • Kangwon Land casino paying problem gamblers to stay away

    American casino industry groups are pleading with congressional leaders not to purge problem gambling support funds from President Donald Trump’s health care plan. Earlier this month, the heads of the American Gaming Association (AGA), National Indian Gaming Association (NIGA) and the Association of Gaming Equipment Manufacturers (AGEM) sent a...
  • Australia seeks national point of consumption online betting tax

    Australia’s federal government wants to harmonize state-level online sports betting point-of-consumption taxes (POCT), potentially dealing a blow to the Northern Territory’s status as the country’s premier online licensing jurisdiction. On Friday, Federal Treasurer Scott Morrison (pictured) held a meeting with his state and territory counterparts to discuss the upcoming...
  • Bet365, William Hill latest to exit Poland’s online gambling market

    A growing number of Polish-facing online gambling operators are racing for the border ahead of new regulatory restrictions that take effect on April 1. Last December, Poland’s legislature approved the amended Polish Gambling Act, which imposes new domain- and payment-blocking measures on online operators who lack a Polish gaming...
  • Calling the Clock: Aussie online poker dies; PokerStars storm and more

    In this week’s poker news round up we remind you of the death of online poker in Australia, a storm brewing above the heads of the High Rollers competing in the PokerStars Championships and more. Australian poker players were dealt a blow this week when the Interactive Gambling Amendment...
  • Cyprus police investigating after OPAP declines audit

    The longstanding relationship between the government of the Republic of Cyprus and betting operator OPAP is rapidly coming apart at the seams. On Monday, the Cyprus Mail reported that Cypriot attorney-general Costas Clerides had ordered a police investigation into OPAP after the Greek lottery and betting operator declined to...
  • Kenya gov’t committee urges parliament to scrap gambling bill

    Kenya-based online sports betting operator SportPesa topped a recent list of what the country’s residents are looking up on Google. The Standard reported that six of the top-10 sites on Google’s rising search queries in Kenya over the first two months of 2017 belonged to betting companies. SportPesa’s Kenyan...
  • Cybersecurity: A growing focus for gambling operators

    In October 2016, the world saw the most powerful Distributed Denial of Service (DDoS) attack ever registered in cyber history. The destructive Mirai botnet brought down sites including Twitter, the Guardian, Netflix, Reddit, CNN and many others in Europe and the United States after it hit the servers of...
  • GVC now more transparent, but still risky

    There is more than one way to understand the term defensive investing. Typically it means buying stable companies with low growth, in other words seeing it from the growth side of the equation. But defense can also be seen in terms of the loss side. Defense, other than focusing...
  • BCLC’s online casino earns 46% of revenue from 619 players

    New research reveals that the British Columbia government’s online gambling site earns 46% of its online casino revenue from just 5% of its players. This week, the British Columbia Lottery Corporation (BCLC) celebrated the signing of a licensing agreement in which casino operator MGM Resorts would integrate BCLC’s GameSense...
  • William Hill’s profit down double-digits in “challenging year”

    UK bookmakers William Hill saw their operating profit fall 10% in 2016, a 12-month span their interim CEO called “a challenging year.” Figures released Friday show Hills’ revenue inching up 1% to £1.6b last year, while operating profit fell 10% to £261.5m. Interim CEO Philip Bowcock (pictured) said 2016...
  • Czech court says gambling domain-blocking constitutional

    A court has ruled that Czech Republic’s plan to block unauthorized online gambling domains is constitutional. This month saw the launch of PokerStars.cz, the Czech Republic’s first licensed online poker and casino operator since the country’s new regulated online gambling market took effect on January 1. While many international...
  • ESports betting to grow in 2020 as its audience grows to 600M

    The future of eSports betting will become brighter three years from now as its global audience will balloon to almost 600 million by 2020. According to the latest report of market intelligence company Newzoo, the global eSports audience will reach 385 million in 2017 and is expected to grow...
  • Duterte vows to hunt down illegal gambling protectors

    Philippine President Rodrigo Duterte has warned politicians protecting illegal gambling operators that he will use his iron fist to get rid of government officials who are found to be protecting illegal gambling operators. His warning comes after his war on illegal drugs takes a backseat amid the controversy over...
  • Slots the star of Spain’s regulated online gambling market

    Slots was the star and poker the ugly duckling of Spain’s regulated online gambling market in Q4 2016. Figures released this week by Spanish gaming regulator Dirección General de Ordenación del Juego (DGOJ) show healthy gains in the online gambling market in the three months ending December 31, with...
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