Monday, February 24, 2020

India’s Supreme Court fails to provide clarity on rummy, but doesn’t say no

India’s Supreme Court didn’t provide the final legal clarity many had been hoping for when it comes to ruling whether gambling on games of...

Will operators score with Premier League partnerships?

The first full season of Premier League football since the United Kingdom’s point of consumption (PoC) taxation regime was introduced in November kicked off this month, and fears that PoC would drive many Asia-facing operators away from the British market appear to be unfounded.Asia-facing operators will adorn the shirts of a quarter of Premier League teams for this upcoming season. Mansion (Crystal Palace and Bournemouth), Dafabet (Sunderland), 138.com (Watford) and TLCBET (West Bromwich Albion) all have primary shirt sponsorship deals with clubs, while a further two operators, Bet365 (Stoke City) and Betway (West Ham), do business in several Asian countries. A number of other operators have secondary sponsorship deals with teams, such as Bodog’s official Asian betting partnership with Arsenal.

Poker booms in India, but needs regulatory clarity for full take off

Poker is booming in India, though regulatory uncertainty, a lack of infrastructure and high taxes, are keeping the market from achieving its full potential, experts say.According to Peter Abraham, the brain behind the India Poker Championship, one of the country’s premier poker tournaments, the poker business has seen “exponential growth” over the last five years.  The IPC will be holding its main event in December this year and about 150 attendees are expected, more than double when the event started out in 2010 in the offshore casinos of Panjim, Goa.  

GVC faces multi-million dollar lawsuit

London AIM listed gambling group GVC Holdings is reportedly facing a multi-million dollar legal claim by Canadian entertainment consultancy 37 Entertainment which has accused...

Kings Knight bids for Lasseters, seeks Cambodia business opportunities

Kings Knight Capital, which is backed by a Taiwan businessman with experience in Macau’s VIP sector, has offered to buy Australia’s Lasseters Corp., with...

Oz sports betting faces crackdown calls amidst problem gambling horror stories

Australia’s sports betting industry may face calls for a crackdown after a report from Financial Counsellors Australia revealed horror stories about problem gambling, local...

Tabcorp and Racing Victoria agree broadcast terms

Australian betting operator Tabcorp has announced that it has ended its broadcast stand-off with race track operator Racing Victoria, following months of deadlock negotiations...

William Hill cites tax increases for £21m drop in profits

 William Hill CEO James Henderson has described the past six months as a period of ‘significant regulatory and taxation change for the industry’ as...

Neymar, Ronaldo launch PokerStars’ biggest social media campaign

Amaya Inc igaming brand PokerStars has announced the launch of its biggest ever social media campaign. The campaign will feature global football stars and official...

Scientific Games revenue up 66 percent in 15Q2

Scientific Games reported a 66 percent year-on-year increase in revenue to $691.5 million in 15Q2, though net losses grew to $102.2 million. “Our focus on...

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