THE BITCOIN NEWS FLASH
All the updated news about bitcoins from the different bitcoin news sites that aim to give the bitcoin users the most updated news and happenings on the bitcoin world! Expect Information, a lot of Insights and Analysis!
Just Dice and Doge Dice Steps Back
June 26, 2014
Just Dice and Doge Dice are under the same operators who are believed to be Canadians. A few days after the signing of the law, a post on the Just Dice official blog announced that the operators of the Bitcoin and Doge Dice sites have volunteered to temporarily disable their gambling services until necessary actions are taken with respect to the new regulations on the use of digital currencies in the country.
The Bitcoin gambling community and enthusiasts are keeping a closer look at the success rate of this law in regulating the use of Bitcoin and alternative currencies in Canada. The existence of the country's first national law has already affected the Bitcoin and alternative currency gambling markets, with two dice betting sites to have been the first reported casualties.
Source: bitcoingg.com
June 26, 2014
Just Dice and Doge Dice are under the same operators who are believed to be Canadians. A few days after the signing of the law, a post on the Just Dice official blog announced that the operators of the Bitcoin and Doge Dice sites have volunteered to temporarily disable their gambling services until necessary actions are taken with respect to the new regulations on the use of digital currencies in the country.
The Bitcoin gambling community and enthusiasts are keeping a closer look at the success rate of this law in regulating the use of Bitcoin and alternative currencies in Canada. The existence of the country's first national law has already affected the Bitcoin and alternative currency gambling markets, with two dice betting sites to have been the first reported casualties.
Source: bitcoingg.com
888 chief would welcome PokerStars to US market
June 25, 2014
Brian Mattingley, chief executive officer of online gaming operator 888 Holdings, would welcome PokerStars into a regulated US market and that the addition of the online poker giant would help to boost internet poker overall in the country. Despite having been absent from the market for a number of years, PokerStars could be set to return to the US scene after Canadian gaming provider Amaya Gaming agreed to acquire the online poker website's holding company Rational Group.
The deal also included Rational Group's other online poker business Full Tilt Poker. Shortly after the acquisition, Amaya commenced licensing talks with New Jersey casino regulators in an attempt to gain a state gambling license for the PokerStars brand. Although PokerStars' return to the US market would vastly increase competition amongst online poker operators, including 888, Mattingley said the move could in fact boost the US internet poker industry.
Source: igamingbusiness.com
June 25, 2014
Brian Mattingley, chief executive officer of online gaming operator 888 Holdings, would welcome PokerStars into a regulated US market and that the addition of the online poker giant would help to boost internet poker overall in the country. Despite having been absent from the market for a number of years, PokerStars could be set to return to the US scene after Canadian gaming provider Amaya Gaming agreed to acquire the online poker website's holding company Rational Group.
The deal also included Rational Group's other online poker business Full Tilt Poker. Shortly after the acquisition, Amaya commenced licensing talks with New Jersey casino regulators in an attempt to gain a state gambling license for the PokerStars brand. Although PokerStars' return to the US market would vastly increase competition amongst online poker operators, including 888, Mattingley said the move could in fact boost the US internet poker industry.
Source: igamingbusiness.com
A New Stand Out in Prediction Market
June 24, 2014
BetMoose is still in beta, this is a P2P gaming platform and it is one of this year's addition to the growing number of prediction venues in the market. BetMoose, a new user-driven betting exchange, has launched a series of outstanding services that make betting on future events more flexible, rewarding, and enjoyable. BetMoose give bettors the ability to be the host, which is tasked to create relevant and creative bets as well as to provide up to five options or sides, giving bettors more choices to bet on.
In BetMoose you can create your own creative and intriguing events like, the next US president is Hillary Clinton, or the Croatia will win the 2014 Fifa Football World Cup, or even the price of Bitcoin will hit $200 at the end of the year and etc. It is a user-driven gaming platform so it depends on you on where do you want to use your Nostradamus like prediction prowess! Although it is new in the bitcoin betting industry, BetMoose has ensured the security within its platform by integrating 2-factor authentication for withdrawal changes, disabling unauthorized users from cashing out funds into their wallets.
Source: bitcoingg.com
June 24, 2014
BetMoose is still in beta, this is a P2P gaming platform and it is one of this year's addition to the growing number of prediction venues in the market. BetMoose, a new user-driven betting exchange, has launched a series of outstanding services that make betting on future events more flexible, rewarding, and enjoyable. BetMoose give bettors the ability to be the host, which is tasked to create relevant and creative bets as well as to provide up to five options or sides, giving bettors more choices to bet on.
In BetMoose you can create your own creative and intriguing events like, the next US president is Hillary Clinton, or the Croatia will win the 2014 Fifa Football World Cup, or even the price of Bitcoin will hit $200 at the end of the year and etc. It is a user-driven gaming platform so it depends on you on where do you want to use your Nostradamus like prediction prowess! Although it is new in the bitcoin betting industry, BetMoose has ensured the security within its platform by integrating 2-factor authentication for withdrawal changes, disabling unauthorized users from cashing out funds into their wallets.
Source: bitcoingg.com
BitCasino.io Launches World Cup Sportsbook
June 23, 2014
$30K spent in 48 hours, One such casino is called BitCasino.io, which offers Bitcoin gambling in quantities down to a few dollars, and opens its wallets to public inspection. The casino generally offers various casino-games, reproduced in the web browser, using Bitcoin as the medium of exchange, and employs live dealers to run these games.
As of this weekend, the casino is expanding its suite of services to include extensive betting on the 2014 FIFA World Cup. The casino reports that it's attracted 80,000 unique visitors to this feature of the site, and 50 BTC (approximately $30,000) spent in the first 48 hours of betting. As a result of this success, the site management plans to make sports betting a more permanent feature of this site, adding support for gambling on thousands of future events. In an effort to promote the sportsbook betting, the site is offering several promotions, including 10mBTC (about $6.00) worth of free stake for signing up and betting on a match.
Source: coinreport.net
June 23, 2014
$30K spent in 48 hours, One such casino is called BitCasino.io, which offers Bitcoin gambling in quantities down to a few dollars, and opens its wallets to public inspection. The casino generally offers various casino-games, reproduced in the web browser, using Bitcoin as the medium of exchange, and employs live dealers to run these games.
As of this weekend, the casino is expanding its suite of services to include extensive betting on the 2014 FIFA World Cup. The casino reports that it's attracted 80,000 unique visitors to this feature of the site, and 50 BTC (approximately $30,000) spent in the first 48 hours of betting. As a result of this success, the site management plans to make sports betting a more permanent feature of this site, adding support for gambling on thousands of future events. In an effort to promote the sportsbook betting, the site is offering several promotions, including 10mBTC (about $6.00) worth of free stake for signing up and betting on a match.
Source: coinreport.net
Playfors New Plans to Benefit Operators and Players
June 20, 2014
Playfors will offer several free WordPress templates that can be modified by the operators, so they can control the design and other elements. Playfors can even get the job done and its back end, on the other hand, allows real-time monitoring of all the aspects of the online casino package, as well as those of casino management like bonuses and wagering requirements settings. Playfors recently partnered with Betsoftgaming and Ezugi. So, aside from 10 exclusive games, the platform also offers over 150 superior-quality games with rich graphics, together with an impressive variety of live dealer games.
Operators and Players can experience this big turnaround of benefits before the year ends, actually most of these features are already pushing through, and a lot of players and operators are happy with these progress. Expect more surprises, though, aside from the major news that was just revealed. Now a player and an operator have to do is to choose their gambling product for each of this gambling product or type has its own dedicated loyal customers, and therefore, there is room to develop and provide all of these products, but sports will lead the bitcoin gambling industry when it comes to overall adoption.
Source: bitcoingg.com
June 20, 2014
Playfors will offer several free WordPress templates that can be modified by the operators, so they can control the design and other elements. Playfors can even get the job done and its back end, on the other hand, allows real-time monitoring of all the aspects of the online casino package, as well as those of casino management like bonuses and wagering requirements settings. Playfors recently partnered with Betsoftgaming and Ezugi. So, aside from 10 exclusive games, the platform also offers over 150 superior-quality games with rich graphics, together with an impressive variety of live dealer games.
Operators and Players can experience this big turnaround of benefits before the year ends, actually most of these features are already pushing through, and a lot of players and operators are happy with these progress. Expect more surprises, though, aside from the major news that was just revealed. Now a player and an operator have to do is to choose their gambling product for each of this gambling product or type has its own dedicated loyal customers, and therefore, there is room to develop and provide all of these products, but sports will lead the bitcoin gambling industry when it comes to overall adoption.
Source: bitcoingg.com
CloudBet blocked US-based bettors
June 19, 2014
The bitcoin sportsbook and casino has blocked US-based players from accessing its live casino service since June 15. Many speculate that the move of this bitcoin casino, therefore, could be a result of the varying views on the legal aspect of bitcoin gambling as CloudBet has previously no problemswith the acceptance of US online bettors.
While online players are restricted to wager and experience real-time gambling in this casino, bitcoin sports betting enthusiasts can still place bets on a variety of sports on CloudBet. Betting online using fiat currencies has been regarded as an illegal activity in the US ever since, which explains the inability of casino enthusiasts living in the said country to engage in nay gambling services offered by traditional casinos operating on the web.
Since 2013 when CloudBet was launched, it has welcome bitcoin bettors from the US, allowing them to enjoy all the online gambling services it offers up until its recent decision to block the US based player last June 15, 2014.
Source: bitcoingg.com
June 19, 2014
The bitcoin sportsbook and casino has blocked US-based players from accessing its live casino service since June 15. Many speculate that the move of this bitcoin casino, therefore, could be a result of the varying views on the legal aspect of bitcoin gambling as CloudBet has previously no problemswith the acceptance of US online bettors.
While online players are restricted to wager and experience real-time gambling in this casino, bitcoin sports betting enthusiasts can still place bets on a variety of sports on CloudBet. Betting online using fiat currencies has been regarded as an illegal activity in the US ever since, which explains the inability of casino enthusiasts living in the said country to engage in nay gambling services offered by traditional casinos operating on the web.
Since 2013 when CloudBet was launched, it has welcome bitcoin bettors from the US, allowing them to enjoy all the online gambling services it offers up until its recent decision to block the US based player last June 15, 2014.
Source: bitcoingg.com
Gaming Realms experiences huge revenue jump in first half
June 18, 2014
Mobile and social gaming venture Gaming Realms has cited the impact of its aggressive investment strategy as the main reason behind a significant year-on-year increase in revenue during the six months to March 31, 2014. The company posted revenue of £3.6 million (€4.5 million/$6.1 million) in the first half of 2014, an increase of 400% on the £900,000 recorded in the corresponding period last year.
Gaming Realms cited the successful acquisition of specialist marketing agency Quick Thin Media as one of the key drivers behind this scene. Elsewhere, Gaming Realms also reported that the number of depositing players in the second quarter grew to 47, 174, a 61% jump on the 29,291 in Q1. In addition, daily active players increased 234% to 4,567 when compared to the fourth quarter of 2013.
Source: igamingbusiness.com
June 18, 2014
Mobile and social gaming venture Gaming Realms has cited the impact of its aggressive investment strategy as the main reason behind a significant year-on-year increase in revenue during the six months to March 31, 2014. The company posted revenue of £3.6 million (€4.5 million/$6.1 million) in the first half of 2014, an increase of 400% on the £900,000 recorded in the corresponding period last year.
Gaming Realms cited the successful acquisition of specialist marketing agency Quick Thin Media as one of the key drivers behind this scene. Elsewhere, Gaming Realms also reported that the number of depositing players in the second quarter grew to 47, 174, a 61% jump on the 29,291 in Q1. In addition, daily active players increased 234% to 4,567 when compared to the fourth quarter of 2013.
Source: igamingbusiness.com
Thai police shut down 391 World Cup betting sites
June 17, 2014
Police in Thailand have shut down 391 foreign and local websites offering illegal betting on the 2014 Fifa World Cup national team football tournament and arrested 58 people in the process. According to the News.AsiaOne.com website, Polite Lt-General Anat Sirhiran said seven of those arrested are alleged bookmakers, 49 are punters and another two are bet couriers.
Sirhiran, who is in charge of the police office assigned to tackle illegal football gambling during the tournament, said the arrests of the 58 people had resulted in the seizure of THB41,430(€957/$1,280) in cash and four bankbooks with deposits of THB99,530. The Police Lt-General also confirmed 391 betting websites have been shut down and that police are monitoring and blocking all attempts to reopen the websites under new URLs.
Source: igamingbusiness.com
June 17, 2014
Police in Thailand have shut down 391 foreign and local websites offering illegal betting on the 2014 Fifa World Cup national team football tournament and arrested 58 people in the process. According to the News.AsiaOne.com website, Polite Lt-General Anat Sirhiran said seven of those arrested are alleged bookmakers, 49 are punters and another two are bet couriers.
Sirhiran, who is in charge of the police office assigned to tackle illegal football gambling during the tournament, said the arrests of the 58 people had resulted in the seizure of THB41,430(€957/$1,280) in cash and four bankbooks with deposits of THB99,530. The Police Lt-General also confirmed 391 betting websites have been shut down and that police are monitoring and blocking all attempts to reopen the websites under new URLs.
Source: igamingbusiness.com
Ladbrokes kicks off World Cup Facebook betting competition
June 16, 2014
Bookmaker Ladbrokes has moved to capitalize on this summer's Fifa World Cup by launching a bespoke Facebook application designed to facilitate a daily community derived from bets on the national team football tournament. According to Thedrum.com, the BIG Score app is a crowd-sourced, free-to-play, accumulator-style betting competition that allows players to grow a community pot by selecting one of five daily bets on which to wager.
Once a player has entered their virtual bet, they will be entered into a prize draw for that day. The overall winner of the betting competition will be awarded £5,000 while two runners-up will each £1,000. A further £3,000 will be handed out as spot prizes throughout the event. The BIG Score can be accessed via Ladbrokes' official Facebook page.
Source: igamingbusiness.com
June 16, 2014
Bookmaker Ladbrokes has moved to capitalize on this summer's Fifa World Cup by launching a bespoke Facebook application designed to facilitate a daily community derived from bets on the national team football tournament. According to Thedrum.com, the BIG Score app is a crowd-sourced, free-to-play, accumulator-style betting competition that allows players to grow a community pot by selecting one of five daily bets on which to wager.
Once a player has entered their virtual bet, they will be entered into a prize draw for that day. The overall winner of the betting competition will be awarded £5,000 while two runners-up will each £1,000. A further £3,000 will be handed out as spot prizes throughout the event. The BIG Score can be accessed via Ladbrokes' official Facebook page.
Source: igamingbusiness.com
ComeOn! goes live with Play'n Go games
June 11, 2014
Online gaming company ComeOn! has launched a range of games from gaming specialist and smart system developer Play'n Go across four of its websites. A number of games are now available on Comeon.com, Suomikasino.com, Mobilbet.com, and Folkautomaten.com, with more games set to follow.
The launch comes after Comeon! reached a deal for Play'n Go to provide a full range of games for mobile and desktop to its websites. With increased focus on mobile content the addition of Play'n Go games felt very natural to us, said Hans Martin Nakkim the spokesperson of Comeon!
Source: igamingbusiness.com
June 11, 2014
Online gaming company ComeOn! has launched a range of games from gaming specialist and smart system developer Play'n Go across four of its websites. A number of games are now available on Comeon.com, Suomikasino.com, Mobilbet.com, and Folkautomaten.com, with more games set to follow.
The launch comes after Comeon! reached a deal for Play'n Go to provide a full range of games for mobile and desktop to its websites. With increased focus on mobile content the addition of Play'n Go games felt very natural to us, said Hans Martin Nakkim the spokesperson of Comeon!
Source: igamingbusiness.com
Mt. Gox US Bankruptcy Filing Receives CoinLab Support
June 10, 2014
Seattle-based digital currency startup and the former manager of Mt. Gox's US and Canada operations CoinLab has announced that it is now supporting the Japan-based exchange's Chapter 15 bankruptcy filing. The news comes from court papers filed Friday, 6th June and obtained by The Wall Street Journal that state that CoinLab will not move to oppose the filing. CoinLab previously objected to the revival plan for Mt. Gox submitted by investor syndicate Sunlot Holdings.
Mt. Gox's Japanese bankruptcy trustee Nobuaki Kobayashi has previously indicated that the bankrupt exchange needs to secure approval for its Chapter 15 protection in the US before he can assert more authority over developments in the case. Mt. Gox KK, the company's Japanese entity was granted preliminary protection in the US upon filing for Chapter 15 bankruptcy in March, a move that granted certain protections from creditors.
Source: coindesk.com
June 10, 2014
Seattle-based digital currency startup and the former manager of Mt. Gox's US and Canada operations CoinLab has announced that it is now supporting the Japan-based exchange's Chapter 15 bankruptcy filing. The news comes from court papers filed Friday, 6th June and obtained by The Wall Street Journal that state that CoinLab will not move to oppose the filing. CoinLab previously objected to the revival plan for Mt. Gox submitted by investor syndicate Sunlot Holdings.
Mt. Gox's Japanese bankruptcy trustee Nobuaki Kobayashi has previously indicated that the bankrupt exchange needs to secure approval for its Chapter 15 protection in the US before he can assert more authority over developments in the case. Mt. Gox KK, the company's Japanese entity was granted preliminary protection in the US upon filing for Chapter 15 bankruptcy in March, a move that granted certain protections from creditors.
Source: coindesk.com
Playtech's Virtue Fusion agrees online bingo deal with Trinity Media
June 9, 2014
Online gaming software giant Playtech has announced that its dedicated bingo subsidiary Virtue Fusion has been selected as the new online bingo platform provider for UK multimedia publisher Trinity Media. The launch will initially focus on the Daily Mirror and Daily Record newspaper brands, with existing software being replaced with Virtue Fusion's bingo network product. Both online bingo platforms will additionally be supported by Playtech's full casino suite.
We see a huge opportunity to grow our online gaming revenues, and to leverage our audiences, brands and content, particularly in mobile which is seeing significant growth, said Mark O'Donnell the Trinity Mirror's head of group partnerships.
Source: igamingbusiness.com
June 9, 2014
Online gaming software giant Playtech has announced that its dedicated bingo subsidiary Virtue Fusion has been selected as the new online bingo platform provider for UK multimedia publisher Trinity Media. The launch will initially focus on the Daily Mirror and Daily Record newspaper brands, with existing software being replaced with Virtue Fusion's bingo network product. Both online bingo platforms will additionally be supported by Playtech's full casino suite.
We see a huge opportunity to grow our online gaming revenues, and to leverage our audiences, brands and content, particularly in mobile which is seeing significant growth, said Mark O'Donnell the Trinity Mirror's head of group partnerships.
Source: igamingbusiness.com
Vegas Partner Lunge unveils two new mobile casinos
June 6, 2014
Gaming group Vegas Partner Lunge (VPL) is to launch two new mobile brands in an effort to address the continuing growth of mobile gaming. Casino-Mate Mobile and Maple Casino Mobile, which will now be added to the group's existing three mobile casinos, are compatible with mobile and tablet devices that supports iOS, Blackberry and Android platforms.
Casino-Mate Mobile offers new players a four-tier welcome bonus that accumulatively adds up to $/€/£ 1,400, depending on where the player is based. Players receive a 100% bonus up to $/€/£ 100 on their first deposit, a 200% bonus up to $/€/£ 50 on their second deposit, a 25% bonus of up to $/€/£ 500 on a third deposit, while the fourth deposit is matched 50% up to $/€/£ 750.
Maple Casino Mobile offers a three-tier bonus worth $/€/£ 300, again depending on where the player is located.
Source: igamingbusiness.com
June 6, 2014
Gaming group Vegas Partner Lunge (VPL) is to launch two new mobile brands in an effort to address the continuing growth of mobile gaming. Casino-Mate Mobile and Maple Casino Mobile, which will now be added to the group's existing three mobile casinos, are compatible with mobile and tablet devices that supports iOS, Blackberry and Android platforms.
Casino-Mate Mobile offers new players a four-tier welcome bonus that accumulatively adds up to $/€/£ 1,400, depending on where the player is based. Players receive a 100% bonus up to $/€/£ 100 on their first deposit, a 200% bonus up to $/€/£ 50 on their second deposit, a 25% bonus of up to $/€/£ 500 on a third deposit, while the fourth deposit is matched 50% up to $/€/£ 750.
Maple Casino Mobile offers a three-tier bonus worth $/€/£ 300, again depending on where the player is located.
Source: igamingbusiness.com
William Hill sets £200m World Cup revenue target
June 5, 2014
UK bookmaker William Hill has set a revenue target of £200 million (€245.9 million/$334.6 million) for this summer's Fifa World Club national team football tournament, which is due to kick off in Brazil next week. The revelation comes shortly after the bookmaker launched a major brand campaign ahead of the competition.
The campaign, which includes a series of television adverts by the Creature of London agency, focuses on the punters that make up the William Hill community. The first advert is due to be broadcast tonight (Wednesday) during England's friendly match with Ecuador. If the bookmaker is successful in achieving its £200 million target, this would eclipse the previous record of £100 million that was set during the last World Cup in 2010.
"We operate in a very competitive market, particularly online with the emergence of mobile, and must work harder to ensure we are creating an experience that our customers enjoy and through that enjoyment we can retain as many of them as possible." O'Shaughnessy also revealed that William Hill is investigating iBeacons as an alternative distribution channel, given that Google Play excludes all betting brands.
Source: igamingbusiness.com
June 5, 2014
UK bookmaker William Hill has set a revenue target of £200 million (€245.9 million/$334.6 million) for this summer's Fifa World Club national team football tournament, which is due to kick off in Brazil next week. The revelation comes shortly after the bookmaker launched a major brand campaign ahead of the competition.
The campaign, which includes a series of television adverts by the Creature of London agency, focuses on the punters that make up the William Hill community. The first advert is due to be broadcast tonight (Wednesday) during England's friendly match with Ecuador. If the bookmaker is successful in achieving its £200 million target, this would eclipse the previous record of £100 million that was set during the last World Cup in 2010.
"We operate in a very competitive market, particularly online with the emergence of mobile, and must work harder to ensure we are creating an experience that our customers enjoy and through that enjoyment we can retain as many of them as possible." O'Shaughnessy also revealed that William Hill is investigating iBeacons as an alternative distribution channel, given that Google Play excludes all betting brands.
Source: igamingbusiness.com
GalaBingo launches new online betting service
June 4, 2014
GalaBingo.com, the online bingo brand of betting operator Gala Coral, has launched a new internet sports and entertainment option that is aimed at all forms of players. Open to customer of GalaBingo.com, Gala Flutter offers betting on the most traditional and popular sports such as football, horseracing and tennis, covering events such as this summer's Fifa World Cup national team football competition and the annual Wimbledon tennis championships.
In addition, Gala Flutter will also offer entertainment betting, with a focus on UK televesion. Reality television talent show Britain's Got Talent is one programme covered by Gala Flutter, with customers able to bet on their favourite acts to win the competition. Gala Coral could net up to £250m by selling its chain of 136 UK bingo halls with investor interest in the vertical picking up following the UK government's Budget announcement to halve gaming duty on bingo from 20% to 10%.
Source: igamingbusiness.com
June 4, 2014
GalaBingo.com, the online bingo brand of betting operator Gala Coral, has launched a new internet sports and entertainment option that is aimed at all forms of players. Open to customer of GalaBingo.com, Gala Flutter offers betting on the most traditional and popular sports such as football, horseracing and tennis, covering events such as this summer's Fifa World Cup national team football competition and the annual Wimbledon tennis championships.
In addition, Gala Flutter will also offer entertainment betting, with a focus on UK televesion. Reality television talent show Britain's Got Talent is one programme covered by Gala Flutter, with customers able to bet on their favourite acts to win the competition. Gala Coral could net up to £250m by selling its chain of 136 UK bingo halls with investor interest in the vertical picking up following the UK government's Budget announcement to halve gaming duty on bingo from 20% to 10%.
Source: igamingbusiness.com
888Sport and Betway top Froch-Groves social media charts
June 3, 2014
888Sport and Betway came out top of the social media charts during the Carl Froch-George Groves fight for the IBF and WBA super-middleweight belts at Wembley Stadium this weekend. Social Monitor, the social media monitoring tool produced by iGaming Business, recorded operators' social media impact during the event and found that 888's re-tweeting of Vine content and humorous Twitter posts enabled it to pull away from other operators in terms of awareness and audience.
Betway was up 100% on previous activity and has 240 mentions related boxing, or just over 6% of all sports-related mentions. In total, 888Sport garnered 273 boxing-related mentions thanks to its posts. The contest, which pulled in a live audience of 80,000 and put boxing at the top of the sporting headlines, was won by Carl Froch in the eighth round. Social Monitor enables English-language sportsbooks to monitor their social media activity, that of their competitors and gives a 360° view of their presence across social media.
Source: igamingbusiness.com
June 3, 2014
888Sport and Betway came out top of the social media charts during the Carl Froch-George Groves fight for the IBF and WBA super-middleweight belts at Wembley Stadium this weekend. Social Monitor, the social media monitoring tool produced by iGaming Business, recorded operators' social media impact during the event and found that 888's re-tweeting of Vine content and humorous Twitter posts enabled it to pull away from other operators in terms of awareness and audience.
Betway was up 100% on previous activity and has 240 mentions related boxing, or just over 6% of all sports-related mentions. In total, 888Sport garnered 273 boxing-related mentions thanks to its posts. The contest, which pulled in a live audience of 80,000 and put boxing at the top of the sporting headlines, was won by Carl Froch in the eighth round. Social Monitor enables English-language sportsbooks to monitor their social media activity, that of their competitors and gives a 360° view of their presence across social media.
Source: igamingbusiness.com
California Defers Casino M8TRIX License Vote To Ponder Skimming Allegations
June 2, 2014
California gambling regulators have delayed making a decision on whether to renew the license of San Jose cardroom Casino M8trix. The cardroom's license is set to expire on May 31 but what would ordinarily be a routine proceeding was thrown out of whack earlier this month after the state attorney general accused M8trix's owners of skimming tens of millions of dollars in profits in order to reduce their tax obligations and social program contributions.
M8trix owners Eric Swallow, Peter Lunardi and Jeanine Lunardi have been accused of improperly steering millions of dollars earned by the cardroom's 49 tables to limited liability corporations also owned by the trio. The payments were listed as expenses, although the Bureau of Gambling Control claims there is scant evidence that these corporations provided much of anything in the way or services or materials. The trio has denied any wrongdoing but an administrative law judge is expected to consider the accusations at some future date.
The payments allowed M8trix to effectively reduce its annual profits to zero in three of the four years between 2009 and 2012. As a condition of its licensing, Casino M8trix is required to pay either 5.15% of its annual profits or $125k, whichever is greater, to local problem gambling programs. For most of its operating life, M8trix has paid only the $125k.
Source: calvinayre.com
June 2, 2014
California gambling regulators have delayed making a decision on whether to renew the license of San Jose cardroom Casino M8trix. The cardroom's license is set to expire on May 31 but what would ordinarily be a routine proceeding was thrown out of whack earlier this month after the state attorney general accused M8trix's owners of skimming tens of millions of dollars in profits in order to reduce their tax obligations and social program contributions.
M8trix owners Eric Swallow, Peter Lunardi and Jeanine Lunardi have been accused of improperly steering millions of dollars earned by the cardroom's 49 tables to limited liability corporations also owned by the trio. The payments were listed as expenses, although the Bureau of Gambling Control claims there is scant evidence that these corporations provided much of anything in the way or services or materials. The trio has denied any wrongdoing but an administrative law judge is expected to consider the accusations at some future date.
The payments allowed M8trix to effectively reduce its annual profits to zero in three of the four years between 2009 and 2012. As a condition of its licensing, Casino M8trix is required to pay either 5.15% of its annual profits or $125k, whichever is greater, to local problem gambling programs. For most of its operating life, M8trix has paid only the $125k.
Source: calvinayre.com
Updated News For The Month Of June 2014!
Sources: igamingbusiness.com - coindesk.com - calvinayre.com
Sources: igamingbusiness.com - coindesk.com - calvinayre.com