BlockChain Innovations to go Public in Q3

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BlockChain Innovations to go Public in Q3

A major company in the iGaming industry that provides blockchain technology to regulated operators, BlockChain Innovations Corp, has signed a letter of intent with Capricorn Business Acquisition for a qualifying transaction as a first step of going public in 2018's third quarter.

This transaction will make BlockChain Innovations the first blockchain-wagering public company to supply solutions to regulated gaming markets in US, Europe, UK and elsewhere around the globe. BCI will utilize the exclusive financial advisor services provided by FMI Capital Advisory who will also be the financial agent completing the capital raise. The operator will be targeting strategic and institutional investors and profits will be used to invest in development of products and technology as well as brand awareness.

As Glob News Wire states, the company will exchange all its issued and outstanding common shared for common shares in the capital of Capricorn and become a wholly-owned subsidiary of Capricorn.

CEO, Matt Stafford commented: “With the US sports betting market opening and the go-public transaction set for the third quarter, BCI can bring it’s gaming-by-design blockchain technology to several regulated gaming markets. I want to extend a sincere thank all our investors for making this milestone in BCI’s history possible.”

BlockChain Innovations develops market-ready blockchain technology for real-money wagering and peer-to-peer gambling operators across the globe. Their blockchain technology has yielded a “fully functional crypto-currency wallet, a tipbot - PebbleGo for easily sending and receiving smart contracts.”

Source:

“Capricorn Business Acquisitions Announces Letter of Intent with Blockchain Innovations”, globenewswire.com, June 21, 2018.

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1:15 PM

Broadway Macau debuts virtual reality arena Zero Latency

GGRAsia

Broadway Macau debuts virtual reality arena Zero Latency

A virtual reality gaming arena, branded as “Zero Latency Macau”, was due to start a consumer trial on Saturday (June 30) at Broadway Macau, a casino property in that city promoted by Galaxy Entertainment Group Ltd.

A press release from a public relations firm said the trial Macau operation was the 19th location worldwide for the virtual reality entertainment brand Zero Latency, which originates from Melbourne, Australia.

The release – on behalf of an entity called Tomorrow Entertainment, said to be promoting the Broadway Macau tryout –  described Zero Latency as “the pioneer and global leader in out-of-home, free-roam virtual reality (VR) entertainment”, adding the Macau site offered a 200-square-metre [2,150-sq-foot] virtual reality gaming area, with game play featuring “zombie attacks, galaxy space missions and family fun adventures for up to eight players at one time”.

A Zero Latency-branded venue was launched in Singapore in November 2017 according to Tomorrow Entertainment’s own website.

The Zero Latency Macau arena is said to feature three themed experiences: “Engineerium”, “Zombie Survival”, and “Singularity”. Each player is required to pay MOP400 (US$49.50) as “trial price” for a 45-minute session at the gaming arena, according to Zero Latency Macau’s official website. The regular price for the virtual reality experience is set at MOP450.

GGRAsia emailed Galaxy Entertainment seeking clarification as to whether Zero Latency Macau was to be a permanent entertainment feature at Broadway Macau, but did not receive a reply by the time the story went online.

Francis Lui Yiu Tung, deputy chairman of Galaxy Entertainment, has mentioned previously to media that the firm has considered bringing in “novel” and “technology” elements to Phase 4 of Galaxy Macau casino resort, a neighbouring project of the firm that it says would be largely focused on non-gaming.

Casino hotel MGM Grand Las Vegas, in the Nevada gambling hub, introduced a Zero Latency arena in September 2017, according to media reports. The introduction of the arena was described at the time as a “first” in the city.

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8:03 AM

Return to Paradise

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Return to Paradise

Paradise is returning to the Caribbean.

It's a slow process -- everything worthwhile takes time -- but it's beginning to happen. And you can give the credit to Canada and the United States of America.

Before I explain what I am talking about, let me ask you a question. When is the last time you or a member of your family went to bed hungry.

'Is this a trick question?,' some of you are saying. I assure you it is not. When is the last time you or your family genuinely went to bed hungry and you didn't have access to food or the money to buy it?

If you are like 98 per cent of the people in America, the answer is probably never.

I lived on three different islands in the Caribbean for a total of five years -- St. Kitts, Nevis and St. Maarten. During that period of time, I saw a lot of people go without food. Some went to bed hungry two or three days a week.

Shortly after I moved to St. Kitts to work as editor of The Observer, a weekly newspaper that served the islands of St. Kitts and Never, the twin island Federation lost its sugar cane industry. Overnight 1,200 hard-working sugar cane employees were thrown out of work. The government just couldn't afford to subsidize them any longer.

If something like that would have occurred in the United States, the men could have found jobs elsewhere. Such is not the case in the Caribbean, where jobs are as precious and as rare as pure gold.

Sugar cane is used to make rum, sugar and by-products. When the sugar cane industry moved to Central and South America, the men were left without their weekly pay coming in. Some found work in the tourism industry, but most of them remained without an income.

Their wives and children went to bed at night hungry. In many cases, the only thing they had to fill their stomachs was warm water.

My heart went out to the people of St. Kitts and Nevis. I knew Dr. Denzil Douglas, the Prime Minister for both islands, was doing everything in his power to help the island people, but his hands were tired by the poor state of the economy. Tourism and the sugar cane industry had been the foundation of the economy of the Federation.

I had a candid off-the-record conversation with Dr. Douglas and asked him why didn't his government convert the sugar cane fields to growing marijuana? Voters were already beginning to recognize the merits of the amazing plant and were making it legal in various states for medical as well as recreational use.

Dr. Douglas thought my idea had great merit, but said, 'Geno, if I did that, the U.S. government would brand me a drug trafficker. They would prohibit their citizens from visiting our islands and it would throw even more people out of work.'

But now, hallelujah, that has changed.

People in Canada voted to legalize marijuana for recreational use. States like Nevada, California, Oklahoma, Delaware, Arizona and other states have legalized the plant for recreational or medical use.

The relaxing of the laws paved the way for Caribbean islands to follow the lead and legalize marijuana in Jamaica and other islands. A movement is underway in St. Kitts to do the same.

When legalization happens, I am going to make a prediction: gang violence on the islands will diminish. Community life will return to normal. People will begin to live again. Smiles will return to the face of the population.

The Caribbean islands will return to paradise.

I miss the Caribbean islands. I miss the casinos, the poker, the sports betting, the thoroughbred race wagering, and I miss the people.

I am going to give the islands another year or so. They I plan to take a cruise back to the Caribbean, back to the paradise that I enjoyed during my five years of employment.

One of the people I intend to look up is Wilbur. He is a young Rastafarian who held down three jobs while I lived in St. Kitts. He repaired computers, fixed washing machines, and repaired air conditioning units.

'You need three jobs in the Caribbean in order to survive,' he told me.

He also had half a dozen large marijuana plants growing in front of his house. And when he had a little extra money, he played poker.

Wilbur belongs to the islands. He told me he would never be happy in Miami, Las Vegas, New York or Los Angeles.

'I am an island person through and through,' he said. 'When you return to paradise, you will find me here.'

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1:09 AM

‘What A Day!’: Hard Rock, Ocean Resort Give Atlantic City A Party To Remember

‘What A Day!’: Hard Rock, Ocean Resort Give Atlantic City A Party To Remember

Months of preparation and speculation ended with a bang as Hard Rock Atlantic City and Ocean Resort Casino put on a show for AC on opening day.

The post ‘What A Day!’: Hard Rock, Ocean Resort Give Atlantic City A Party To Remember appeared first on .

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7:48 PM

Casino City's Friday Five: Atlantic City grand opening edition

Casino City Times

Casino City's Friday Five: Atlantic City grand opening edition

There were new slot games that came out and jackpot winners left and right, but no story was bigger than two Atlantic City casinos celebrating their grand opening on Thursday.

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1:33 PM

Jackpot winner at Casumo

Casino City Times

Jackpot winner at Casumo

A New Jersey player won €93,389.03 on the online casino playing Divine Fortune from NetEnt.

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7:39 AM

Hard Rock Atlantic City Will Have A Sportsbook And NJ Online Sports Betting, Top Exec Confirms

Hard Rock Atlantic City Will Have A Sportsbook And NJ Online Sports Betting, Top Exec Confirms

After weeks of speculation, Hard Rock Chairman Jim Allen confirms during the opening day ceremonies that a Hard Rock Atlantic City sportsbook and NJ online sports betting are in the cards.

The post Hard Rock Atlantic City Will Have A Sportsbook And NJ Online Sports Betting, Top Exec Confirms appeared first on .

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1:57 AM

GambleAware and Saatchi Creating Safe Gambling Campaign

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GambleAware and Saatchi Creating Safe Gambling Campaign

London-based charity organization that works on preventing gambling-related harm issues, GambleAware, has teamed up with M&C Saatchi agency. The two companies will work in tandem to develop and conceive a brand new safe gambling advertising campaign.

The UK government has green-lighted the initiative proposed by gambling industry groups and broadcasters for a major campaign concerning responsible gambling, with a budget of £5-7 million already approved. The extensive campaign should be running for two years.

GambleAware was asked to lead the campaign, based on their public health experience, the quality of their pitch that has impressed the members of the jury, as well as their thorough analysis and team's expertise. The board for overseeing this project was already appointed – it consists of representatives from Public Health England organization, as well as the Welsh Government's public health community and academic experts.

They will be supported by the creative genius of M&C Saatchi and they will deliver the public relations campaign. Saatchi, on the other hand, will have the logistic support by Atlas Partners. GambleAware will retain their partnership with 18 Feet and Rising agency for all of their other ongoing and future campaigns.

Interim Deputy Chair of Public Health England, Trustee and Chair of the Safer Gambling Campaign Board commented: “GambleAware is committed to reducing harms associated with gambling and to taking a public health approach. Advertising is an important part of raising awareness and we hope the campaign will play its role, in collaboration with other sectors of society.”

M&C Saatchi CEO, Giles Hedger, said: “We are delighted to be playing our part in the creation of a more mindful gambling culture in the UK. This is a new and important chapter in the ongoing balancing of market freedoms and public health.”

Source:

“GambleAware appoints M&C Saatchi to develop safer gambling advertising campaign”, gambleaware.org, June 22, 2018.

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7:46 PM

Ocean Resort Casino celebrates grand opening

Casino City Times

Ocean Resort Casino celebrates grand opening

The ceremonial ribbon cutting took place today to celebrate the official opening of the 1,399-room Ocean Resort Casino, located directly on the Atlantic City Boardwalk.

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1:36 PM

The Rio All-Suite Hotel & Casino introduces The Wall Gaming Lounge

Casino City Times

The Rio All-Suite Hotel & Casino introduces The Wall Gaming Lounge

Designed as a multi-phased, 24,000 square-foot project, The Wall is now open and boasts ample gaming and lounge space highlighted by 30 high performance Alienware gaming PCs.

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7:21 AM

You Don’t Want To Miss The Party At Hard Rock Atlantic City And Ocean Resort

You Don’t Want To Miss The Party At Hard Rock Atlantic City And Ocean Resort

June 28 will be the most significant day in recent AC history as Hard Rock Atlantic City and Ocean Resort Casino open their doors at long last. Here's a breakdown of what to expect on opening day.

The post You Don’t Want To Miss The Party At Hard Rock Atlantic City And Ocean Resort appeared first on .

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2:03 AM

Facebook Is Easing Ban On Crypto Ads

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Facebook Is Easing Ban On Crypto Ads

Months after introducing severe bans due to constant spamming and misleading Bitcoin ads, Facebook has decided to ease the restriction and accept some crypto ads – provided that the onboarding request has successfully specifed all kinds of services companies want to advertise. However, initial coin offerings or ICOs, as well as binary advertisements will have to wait for some better days. The prohibition on these crowdfundings using cryptocurrencies remains in effect on other major sites for social media as well, such as Twitter, Google Plus or Snapchat.

The social media giant issued an immediate ban on crypto-ads in February, due to an increased number of fake financial products and services, which started to damage not only the platform itself, but true values of BTC too. Instead of educating the world’s largest database of active users, which counts up to 2 billion people, the network has become a haven for swindlers and all sorts of crypto frauds who want to earn a fast buck by deceiving enthusiasts to invest, said Rob Leathern, product management director at the time.

Thanks to an entirely new approach to advertising cryptocurrencies, the request sheet can determine whether companies have relevant offers and licenses, including a proof of trading on at least one stock exchange. Leathern also added that not everyone who wants to advertise will be able to do so. Similarly, the company will monitor how well the adjustment works, so that additional improvements can be timely imported.

Facebook has also announced that its advertising policy could see further tweaks in the future, allowing both blockchain projects and crypto investors to get in front of new potential customers and markets. On the other side, the ban on crypto ads at Google and Twitter still remains active, due to the fact that it was only recently introduced – at the beginning of June 2018.

Source:

“Facebook Relaxes Ban, Accepts Some Crypto Ads”, Shen Muyao, coindesk.com, June 26, 2018.

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7:36 PM

Ocean Resort Casino announces entertainment options

Casino City Times

Ocean Resort Casino announces entertainment options

The Atlantic City casino will offer performances that include popular comedian and actor Wayne Brady, comedienne Wanda Sykes, the theatrical production RAIN: A Tribute to the Beatles and an exciting fight card from Top Rank Boxing.

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1:21 PM

Macau law needs revamp to allow more concessions: experts

GGRAsia

Macau law needs revamp to allow more concessions: experts

Macau’s gaming law needs to be amended in order to account for the possibility of having more than six gaming licensees, the current number, after the present arrangements expire in either 2020 or 2022, several gaming lawyers and scholars told GGRAsia. There is also a need to put an end to the “sub-concession” regime used presently, several remarked.

Even if Macau chose to continue with a six-operator system, it would still be mandatory for the current statute covering gaming concessions – namely the Macau Gaming Law (Law 16/2001) – to be amended, as that originally envisaged only three concessions, noted Macau-based gaming lawyers Bruno Beato Ascenção and Sérgio de Almeida Correia.

Three of the current six operators in the market – namely Sands China Ltd, MGM China Holdings Ltd and Melco Resorts and Entertainment Ltd –were allowed in via a piece of legal improvisation. They actually run Macau gaming via locally-incorporated companies that are technically sub-concessions spun off from the Macau rights, respectively, of local units of Galaxy Entertainment Group Ltd, SJM Holdings Ltd and Wynn Macau Ltd respectively.

“If you look at the current market, there are many gaming operators that may have the possibility of becoming gaming concessionaires. For instance, when you take into consideration the importance of a junket such as Suncity [Group], you can easily predict that they will do everything they can to obtain a gaming licence,” Mr Ascenção remarked to GGRAsia.

Suncity Group’s investment in the multibillion-U.S.-dollar integrated casino resort project Hoiana in Vietnam could put it in a “better position” to win a Macau gaming licence in the event the Macau government was minded to allow a seventh operator in its market, brokerage Union Gaming Securities Asia Ltd wrote in a February note.

Mr Correia told us: “The current [gaming] law needs to be amended in order to accommodate at least six concessionaires, and/or eventually to extend the number to seven or eight, and this should be done during the present legislature [’s term].”

He added: “The current chief executive should prepare the process for the next chief executive to have the necessary instruments to take the most convenient decision in the interests of the Macau Special Administrative Region.” The end of the second and final five-year tenure of the incumbent Macau chief executive, Fernando Chui Sai On, falls on December 2019.

The two lawyers and Macau-based gaming scholar Wang Changbin have a common estimate that the concession holder firms of Macau operators SJM Holdings and MGM China will see their current concession extended by two more years, until 2022 – so that the two firms will be on the same finishing line for their rights as the other four licensees.

Ending sub-concessions

Mr Ascenção said: “There are many scenarios that can arise. You can imagine that [the government is] going to start a new tender process for all current gaming operators, namely changing the law in order to better reflect the current status quo of the gaming industry in Macau… that means ending this concept of sub-concessions.

“…the legal concept of a sub-concession is that it is intrinsically linked to the gaming concession, therefore it is not autonomous; although we’ve seen in the past some documents issued by the Macau government declaring that the sub-concession – namely the [Sands China] sub-concession – was independent from the Galaxy concession, which legally doesn’t make any sense,” Mr Ascenção explained.

“Another thing that is extremely important to see is if all these [incumbent] companies need to go through a tender process again, or just leave this process to new [-to-market] gaming operators…so that you have a dual form of granting a concession: the government would renew those that already have one, and make new gaming operators to go through the tender process,” the lawyer added.

To fellow lawyer Mr Correia, the format of gaming sub-concessions should end as it presents “no advantages” to the local community.

“Personally I don’t see any advantage in sub-concessions since the negotiation is carried between concessionaire and sub-concessionaire privately, and there is no gain to Macau. The same applies to satellite casino/investors,” he noted, referring latterly to a legacy system started in the days of the 40-year gaming monopoly of Stanley Ho Hung Sun, whereby third-party investors have been able to run a casino hotel in the city by piggybacking on a local gaming licensee’s rights and gaming table allocation via a so-called service agreement.

“All this needs to be accommodated within the law,” Mr Correia remarked to us. “It is not acceptable to have people without gaming licences saying that they own casinos.”

Future contenders

Ambrose So Shu Fai, chief executive at SJM Holdings Ltd, mentioned to local media early in June that the firm would like to “contain the number of satellite casinos” which operate using its gaming rights via service agreements. Among the six gaming concessionaires, SJM Holdings has the largest share of such satellite casinos.

Wang Changbin, director of the Gaming Teaching and Research Centre at Macao Polytechnic Institute, told GGRAsia: “There may have been certain requirements the government has imposed on them [satellite casino operators], but in law we don’t see what these requirements are. So it poses a regulatory problem… there should be a scenario where these satellite operators can be a concession contender. If this direction is not adopted, at least in the law the government should specify its regulatory framework for satellite operators, and their respective owners.”

Lawyer Mr Correia reckons that the legal status of gaming sub-concessions and satellite casino operations should be rectified, so that those wishing to pursue such activity would be able to seek recognition as a concessionaire by competing in a public tender to gain that status.

“If it is the interest of the Macau government to keep those individuals/companies in the gaming market, then the [aggregate] number of licences must be increased and all those [operators of such venues] should be allowed to participate in future tenders in order to get a licence… but first the Macau government needs to clarify how many licences it is willing to give,” Mr Correia remarked to us.

The Macau government has not so far publicly commented on the topic of the number of concessions that might be permitted post 2020 and 2022. It could nonetheless consider imposing certain obligations that the existing gaming brands in the market and new contenders for a concession process should answer to, remarked Jorge Godinho, a visiting professor at University of Macau where he teaches gaming law and anti-money laundering law.

“Cotai obviously has no more room for several new concessions with building obligations [attached]. Only Lots 7 and 8 are still available,”Mr Godinho remarked to us. Notwithstanding that fact, those plots represented “a vast piece of land, located in a very central area” of Cotai, just next to the Sands Cotai Central casino resort, and across the street from Studio City, he noted.

“I suggest that this land should be dealt with in an innovative and creative manner, by organising a tender to build one of the greatest integrated resorts the world has ever seen, if not the best. The tender would be open to the existing concessionaires as well as potential new operators from outside. Macau should have an iconic tourist attraction in the middle of Cotai, and Lots 7 and 8 present this opportunity,” the scholar added.

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7:52 AM

Dobrobet Casino, Why do You Still Offer Discontinued Marvel Slots?

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Dobrobet Casino, Why do You Still Offer Discontinued Marvel Slots?

Roaming through less crowded online gaming regions, we happened upon a brand new to us, called Dobrobet. Looking very stylish and professional, the casino seems a picture-perfect representation of sports betting/casino games place where a punter can wager some money, have fun and be treated fairly. But if all these years in the business have taught us something, it is not to trust appearances. Is stylish and professional looking an indication of honesty, integrity, licensed software and other virtues the good guys of the industry are distinguished by? No, unfortunately, looks do NOT guarantee our safety.

Dobrobet is a Serbian brand catering to local audiences, but they do welcome players from other regions as well. It is one of only few online casinos originating in the country, even though the owner companies - Dobrobet Entertainment Limited and Dobrobet Entertainment EOOD - are both registered in Bulgaria. Serbia is a country where land-based betting shops and slot parlors are far more popular than any sort of online gambling, but as this goes to show, even regions where internet wagering is not as widely utilized are not safe from rogue groups!

The site is a Curacao licensee, and on the surface appears decent. However, our investigative team discovered some FAKE games, namely pirated versions of Net Entertainment and Playtech video slots. Their platform, by their own claim, is powered by Inplaynet, a company which supposedly supplies Greentube and Playtech games with a Curacao license, although this is highly suspicious because we know that Greentube has not yet entered the online Curacao market.

Other than this major red flag, we have been faced with one more issue, a tactic many crook sites use to lure in unsuspecting players and get them to reveal personal data. To complete the registration process, the site asks for a personal ID number, which is the equivalent of asking for a Social Security Number, neither of which should ever be revealed to any merchant! Casinos that attempt this are clearly aiming to commit some kind of financial or credit card fraud, or else why would they ever need these highly personal details from their customers?

Another unsettling aspect is the obscure nature of the T&Cs. These are written in a general way, without specifically referring to any of the crucial rules that are of great importance to players when choosing a venue: terms on bonuses, withdrawals, accounts, restrictions are all missing. Needless to say, we do not like the look of this at all and would like to warn our readership against signing up at sites that lack complete terms of service.

Finally, we get to the fake software issue, not any less serious than the above-mentioned disadvantages. As previously said, they offer unlicensed copies of NetEnt, Playtech and Marvel games which are no longer available on the market. Many rogue outlets have made this mistake, never removing Marvel games after they've been discontinued by the original provider, unwittingly marking themselves as a rogue site with questionable software.

We provide screenhots of fake slots, one from each featured provider, complete with clear evidence of forgery and foul play.

On the screenshot taken during the gameplay of Koi Princess, one of NetEnt's most popular titles, in the version which is offered by the site, you can see that the original NetEnt domain and infrastructure are missing:

Rocky from Playtech does not appear genuine either, lacking the Help button - the usual red flag - and clearly launched from the same fake domain used for hosting the NetEnt slots:

Here is proof that the site still offers Marvel-branded releases, all of which were removed from the official Playtech portfolio in March 2017, due to Marvel Entertainment being purchased by the Walt Disney Company, the two having never been likely business partners. Most gamers are well aware of the fact that amazing Avengers, Spiderman, The Incredible Hulk, the Iron Man series and other extremely popular and finely crafted slots are no longer available to us. But apparently, the operator has been too busy scheming their predatory schemes to keep up with important industry events.

As many of you know, our international team has many Serbian colleagues, and needless to say, we are sorry to have discovered the first Serbian casino gone rogue. One is innocent until proven guilty, and we believe the above is more than enough proof to read the guilty verdict - software piracy, unethical registration requirements, deficient terms and conditions - Dobrobet, you've got some 'splainin' to do!

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1:36 AM

Hard Rock Atlantic City Will Open With A Guitar Smash But Not Sports Betting

Hard Rock Atlantic City Will Open With A Guitar Smash But Not Sports Betting

When the new Hard Rock Atlantic City opens June 28, it will have everything in its place except NJ sports betting. A Hard Rock AC sportsbook isn't in the cards for opening day.

The post Hard Rock Atlantic City Will Open With A Guitar Smash But Not Sports Betting appeared first on .

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7:21 PM

More Casinos Join LCB Rewards Program

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More Casinos Join LCB Rewards Program

The ever-growing list of online casinos joining the flock of LCB Member Rewards sites... keeps growing! Our phenomenal program that proved to be a huge success with our esteemed members is not stopping or even slowing down any time soon, as we are proud to announce the inclusion of not one, not two, not even three – but FOUR new casinos!

Please, give it up for Dublinbet, Lucky31, Casino Estrella and Casino Extra – the group of sister sites who are our latest additions to the Member Rewards program. All are licensed and regulated by the Curacao gambling authorities, and Dublinbet and Casino Extra, in particular, provide the unparalleled live casino experience, with the latter providing a Live Casino telecast live from Dublin. Casino Estrella is catering for the needs of the Spanish and South American community in particular, while Lucky 31's massive suite of gaming options is second to none. Read more about each and every casino by clicking on their individual links that lead you to the review pages.

Let us summarize the LCB Rewards Program once again for those unfamiliar with it. In short, if you register with all of the participating casinos and make your first deposit there, you will receive a $3 LCB chip that you can redeem for any of the items found in our Shop https://latestcasinobonuses.com/shop. How do you know which casinos are eligible? Look for the yellow horizontal banner on every casino's review page, stretching across the width of the screen, saying that you can earn the chip when making your 1st deposit at that particular casino.

For further clarifications and absolutely every bit of info you may need for this, check out THIS PAGE where you'll find detailed instructions about taking part in this program on how to qualify, how to collect your chip and how to purchase our shop items. You can also follow this thread on our Forums for the entire history of casinos who have joined and the feedback from other members.

Have fun!

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1:42 PM

Venetian has first ever Macao Green Hotel Platinum Award

GGRAsia

Venetian has first ever Macao Green Hotel Platinum Award

The first-ever Macao Green Hotel Platinum Award has gone to the Venetian Macao casino resort (pictured) for its strategies to improve the environmental sustainability of the property.

The operator of the Venetian Macao, Sands China Ltd, issued a statement saying the establishment won the award for 2017 – just announced – for a year-on-year reduction in waste over a 12-month period. The Venetian has provided parking and charging facilities for electric vehicles used by staff and guests, introduced a guest mattress replacement scheme friendlier to the environment, monitored the effects on the environment of its shuttle buses, reduced food waste and performed regular carbon audits.

The Environmental Protection Bureau and the Macao Government Tourism Office jointly give out the Macao Green Hotel Awards to raise awareness of the importance of environmental management in the hotel industry and to commend hotels that take measures to protect the environment. The Macau government decided last year to create a platinum award to promote efforts that go beyond the established targets.

“Sands China is truly honoured by this distinction,” said Mark McWhinnie, the company’s senior vice-president of resort operations and development. “Our company continues to develop and implement innovations as part of the Sands ECO360 global sustainability strategy of our parent company, Las Vegas Sands Corp. This strategy has helped Sands China remain at the forefront of sustainable operations in our industry, while continuing to further reduce our impact on the environment.”

The Four Seasons Hotel Macao and the Parisian Macao, also run by Sands China, each won a Gold Award at this year’s event. The Grand Hyatt Macau, a hotel property at Melco Resorts and Entertainment Ltd’s City of Dreams Macau, also won gold recognition.

The winner of each Green Hotel Award is entitled to cite the accolade for a three-year period. Sands China says five of its other establishments – St Regis Macao, Cotai Central; the Conrad Macao, Cotai Central; the Sheraton Grand Macao Hotel, Cotai Central; and the Holiday Inn Macao Cotai Central – retain Gold Awards received in previous years.

Sands China said in its press release that by using energy-saving LED lights and optimises heating, ventilation and air-conditioning systems it had saved 21 million kWh of electricity last year. That was enough to power more than 50,000 households for 12 months, it stated.

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7:09 AM

The Bonus You Need: Grab and Win in the Shop

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The Bonus You Need: Grab and Win in the Shop

It's time for the June bundle of joy to unravel its mysteries in the one and only LCB Shop! Ok, we don't really have monthly bundles - any decent casino is welcome to join, and June is as good a time as any. New freebies, items and bonus gifts can land in our loyalty store any day, so you should definitely be on the lookout for these hot articles. The latest brand to make it into the Shop is CampeonBet with a very attractive, exclusive offer you simply can't afford to miss.

Cash Grab

Some like free spins, others would rather take cash, straight up! The latter is what you'll get from the multi-platform operator: €5 to wager and win on video slots from Net Entertainment, Red Tiger, 1x2 Gaming, Pari Play, Playson, NextGen Gaming, ELK Studios, Casino Technology, Cryptologic and Betconstruct. That's plenty of choice, but you won't have any trouble selecting a favorite, as these names represent top-of-the-line iGaming providers with the best software in the industry.

The cash chip is available once a week, as long as you have made a minimum amount required to deposit for the first, and any subsequent claim. You can purchase the article cheap - the cost is only $2 in LCB virtual currency, which can be earned via activity on our portal. Contribute to LCB and the gaming community by rating casinos and games, making first deposits at partner sites, posting comments and taking part in exciting forum discussions, sharing tips, experiences and freebies with other players. Every action counts, as long as it's an honest input with the aim to help our tight-knit community.

Since CampeonBet is now a participating casino in our Rewards program, depositing at the site for the first time generates $3 in LCB chips. If you are new to the brand, that means you can purchase the Shop item, and still end up saving a coin or two! They are licensed by Curacao and offer several gaming divisions, numerous promotions, and a user-friendly interface available in 8 languages.

To find out more about CampeonBet bonus item, visit LCB Shop, click on the ''New'' tab and learn about important T&Cs, including promotional rules and restricted countries.

Best of luck LCB'ers!

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1:15 AM

Play'n GO Hits Market With Cats And Cash

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Play'n GO Hits Market With Cats And Cash

We recently published an article about a fresh addition to the impeccable gaming library of Play’n GO, called, House of Doom, and now the time has come to reveal yet another great release under the very same umbrella – Cats and Cash! The company has decided to top all charts this Summer by launching an improved version of a five-reel slot with plenty of chances to score big wins and activate exciting bonus features, such as the Wheel of Fortune and Pick-a-Gift. The official launch is scheduled for July 5th 2018 at all partner casinos, so get in line and learn what’s new.

Not only is the game converted to HTML5, but it outshines the previous version with enhanced graphics and a complete audio reboot, accompanied with an entirely new soundtrack and sound effects. A brand-new look and feel ensures that players can continue to enjoy a classic reel, however, the release is also optimized for both desktop and mobile devices, making it extremely accessible at any time and place, especially on the go. Players can bet up to five coins per line, and these must be activated in a numerical order.

To strike a winning combination, it is important to learn about the game’s symbols, which include a Wild (The Show Host), a Scatter (The Goldfish) and two bonus icons, that were already mentioned at the beginning – Wheel of Fortune and Pick-a-Gift. The Wild substitutes all regular symbols, and represents a key part in hitting big wins. Each combo that includes a wild symbol pays out double, whereas two or more scatter symbols anywhere on the reels bring an additional win. During bonus rounds, the Wheel can land on an orange segment with a star; this feature awards a prize and a supplementary spin of the Wheel, which ensures that more prizes are added to the total amount.

Finally, landing three or more gift box symbols on any active line from left to right triggers the Pick-a-Gift bonus round. By selecting one of the gift boxes, players will reveal the prize amounts and get the winning prize amount from the one they choose to open. Cats and Cash has an RTP at 96.07% and if you want to be one of the first players to test the game, have a look at our list of Play’n GO casinos. MEOW!!

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7:09 PM

Meadowlands To Launch NJ Sports Betting On July 15, Cater To NY Neighbors

Meadowlands To Launch NJ Sports Betting On July 15, Cater To NY Neighbors

With New York just a few steps away, Meadowlands Racetrack plans to open its Betfair-powered sportsbook on July 15 and reap rewards of legal NJ sports betting.

The post Meadowlands To Launch NJ Sports Betting On July 15, Cater To NY Neighbors appeared first on .

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1:21 PM

June Macau GGR growth back to March pace: analysts

GGRAsia

June Macau GGR growth back to March pace: analysts

The pace of year-on-year growth in June for Macau casino gross gaming revenue (GGR) is likely to accelerate to the sort of levels seen in March and April, after the significant slowing witnessed in May. That is the view expressed respectively in Monday notes by several brokerages.

Sanford C. Bernstein Ltd cited unofficial data from the industry for the month to date, and estimated daily GGR performance for the remaining days of June.

“Assuming a GGR average daily rate of MOP730 million [US$90.3 million] to MOP750 million for the remaining days of the month, we estimate June GGR to a range of MOP24.1 billion and MOP24.2 billion, an estimated year-on-year increase in June of +20 percent to +21 percent,” wrote analysts Vitaly Umansky, Zhen Gong and Kelsey Zhu.

A Monday note from JP Morgan Securities (Asia Pacific) Ltd estimated that Macau’s June GGR would register expansion in the 20s of percent judged year-on-year.

The rate of year-on-year growth in Macau monthly GGR had more than halved in May, to 12.1 percent, compared to April’s 27.6 percent expansion. In March the improvement had been 22.2 percent year-on-year, according to data released by the city’s casino regulator, the Gaming Inspection and Coordination Bureau.

Sanford Bernstein stated, referring the period June 19 to June 24: “The average daily rate… was approximately MOP716 million, which is 3 percent above a similar period last year (June 19 to 25 2017).”

The institution added, referring to the 2018 FIFA World Cup, an international soccer tournament taking place in Russia; and to the Macau casino hold rate for baccarat, the pursuit of choice for Macau VIP table games gamblers: “GGR was slower last week due to the World Cup and a lower VIP hold rate. Month-to-date, the VIP hold rate was at [the lower end of] the range. Both mass GGR and VIP volume were flat month-on-month compared with the May average daily rate number.”

JP Morgan analysts DS Kim and Sean Zhuang said in their Monday memo regarding June market performance that last week’s GGR was likely to have been circa MOP715 million per day, “which is quite decent/resilient in our view, especially considering the slow seasonality post the holiday and negative impact from the World Cup.” That was a reference first to the period after May’s Golden Week holiday in China, around the time of Labour Day on May 1; and second to a reduction in Macau casino betting volume typically said to coincide with some major soccer tournaments.

A Friday note from Morgan Stanley Asia Ltd had suggested that – aside from the VIP hold rate issue – a sequential decline in May regarding the growth rate of arrivals by mass-market visitors to Macau, had had an impact on casino GGR for that month.

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7:15 AM

No more casino attack drills planned for now in Macau: DICJ

GGRAsia

No more casino attack drills planned for now in Macau: DICJ

Macau’s casino regulator, the Gaming Inspection and Coordination Bureau – a body also known as DICJ – says it has no plans to conduct further simulation drills “in the coming months” involving ‘attacks’ to the city’s large-scale casino resorts.

In January, emergency and other Macau government workers joined a simulation drill overnight at the Galaxy Macau casino resort operated by Galaxy Entertainment Group Ltd. The government said at the time the drill had been designed to test the ability of public-sector departments and the local casino industry to coordinate and handle a response to major incidents. It added it was satisfied with the outcome.

“In view of the current security situation, the DICJ has no plan to conduct another casino emergency drill in the coming few months with scale similar to the one that took place in Galaxy Macau,” the gaming regulator told GGRAsia earlier this month.

“Nevertheless, the DICJ will continue paying close attention to the security of the casinos and should there be any need for another joint simulation drill… the DICJ will actively participate in it and provide the necessary coordination and support,” the regulator added.

The January exercise simulated an armed robbery in a public area, with four ‘criminals’ attacking a ‘passer-by’ before escaping into a crowded hotel lobby. Scenes of multiple injuries, a bomb threat, people being held hostage and standoffs between the police and the ‘criminals’ were involved.

During the drill,  the gaming bureau tested a “Major Incidents Emergency Communication Mechanism”, which was established last year following a deadly attack in June 2017 at the Resorts World Manila casino complex in the Philippine capital.

Macau’s Secretary for Security Wong Sio Chak mentioned in a February press briefing that the January simulation drill exercise had “achieved the anticipated results”, and further similar exercises would be organised in the future.

The government had signalled plans for such a drill system already in October 2017, At the time, it referred to a “gunman attack and arson” that took place in a “neighbouring country” – understood to be a reference to the lone-gunman attack on Resorts World Manila – and also to the shootings on the Las Vegas Strip in the United States in October. The events claimed in aggregate more than 94 lives, and in the short term caused some damage to the image of those local casino industries, industry commentators said.

The 2018 Asia Risk Assessment from Steve Vickers and Associates Ltd, a specialist risk mitigation, corporate intelligence and risk consulting company based in Hong Kong, said that the Macau casino industry remained “vulnerable to terrorist attack despite recent efforts to improve readiness.”

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2:03 AM

APE looks to regional distribution, Macau servicing

GGRAsia

APE looks to regional distribution, Macau servicing

Electronic casino game distributor Asia Pioneer Entertainment Ltd (APE) is looking to expand that business in the Asia-Pacific region, and develop further its maintenance and servicing operation in its home market of Macau.

Factors in support of that expansion include the growth of the casino sector in Vietnam and the Philippines, and the increasing trend of Macau’s casinos to outsource machine technical support to third-party service providers, rather than doing things in-house.

So said Allen Huie (pictured centre), chairman and executive director of APE, as part of a GGRAsia interview with senior management for the group.

Last November the group listed on Hong Kong’s small-cap index, the Growth Enterprise Market, giving it potentially easier access to the capital markets in pursuit of expansion.

Regarding prospects beyond Macau, the chairman told GGRAsia: “We are increasing our sales, we are expanding the number of our people and our relationships in the Philippines, in Vietnam. Those places in the next couple of years are going to provide significant growth for us.”

As the distributor’s reach grows in the region, so will the reach of some of the brands it works with, Mr Huie suggested.

He added: “We work as exclusive distributor for mostly OEMs [original equipment manufacturers]… who are not the biggest manufacturers – not the tier one, such as Aristocrat [Leisure Ltd], and Scientific Games [Corp] which tend to have their own sales office and their own sales and distribution.

“What we have done with a lot of our OEMs originally, was for Macau. We have now expanded their exclusive distribution coverage – in most cases for the region, or several countries in the region,” he told GGRAsia.

Konami, Spintec, Jumbo

The firm’s roster of supplier partners includes some of the mid-sized manufacturers that already have proven products in the region. The Konami brand of casino equipment, produced by part of Japan’s Konami Holdings Corp is one; another is Spintec d.o.o. from Slovenia; a third is Jumbo Technology Co Ltd from Taiwan.

The growth in the machine servicing part of the business in Macau is linked to a number of factors including the willingness of casino operators in the city to outsource some functions, stated Mr Huie.

The chairman referred to the opportunity for the Macau-incorporated operating company of APE to import labour for technical roles. The city has statistical full employment and the government gives preference to high-grade jobs for locals rather than reliance on buying in expertise from outside via a non-resident visa system known locally as a “blue card”.

Mr Huie said: “Because we are a Macau company and have been in the market a long time, we have been able to get the technical people approved for the blue cards as well as the people with local ID for jobs… Many of the casinos themselves are reducing their technical staff. So that means we are increasing that repair business.”

APE suggested it had the edge in the local machine distribution sector market due to its size relative to other local distributors, and had tackled a clear barrier facing outside firms: the fact that it has the necessary licence from the local casino regulator, the Gaming Inspection and Coordination Bureau – a body also known as DICJ – to pursue such business.

“There are two types of licences from the DICJ: one is called a manufacturer licence,” stated Mr Huie.

“Big firms like Aristocrat register and fully pay up as a manufacturer… then they can go and sell,” he noted. But Mr Huie observed: “There’s a trend that even the big ones [makers] may not want to go through this.”

Those that don’t have a manufacturing licence have to go through a licensed distributor.

Market consolidation

Tony Chan (pictured right), APE’s chief financial officer, noted there had also been consolidation in the Macau distribution market after changes locally to the rules regarding capital requirements for such enterprises.

“Last year DICJ increased requirements for holding this licence. They now require the company to be an ‘SA’ [Macau-incorporated] company, and it must have a minimum of MOP1 million [US$123,691] in registered capital,” Mr Chan said.

Mr Huie added: “A lot of the small guys who had done it before, have now gone from the market.”

The chairman noted that “more than 90 percent” of the group’s business was distribution of new machines, but it also sells refurbished products to some markets outside Macau. These are typically sourced either from machines that the Macau operators have finished with, or that have come from a regional casino business in distress, said Herman Ng (pictured left), the group’s chief executive and an executive director.

Gross margins on sale of refurbished machines are typically 50 percent and above, versus 30 percent on new machines, he said.

But CFO Mr Chan noted regarding the refurbished product segment: “It’s a lot of work. Each machine we strip it down, we test the parts, we reassemble it: sometimes we have to change buttons, sometimes we have to change the screen – it’s an intensive process.”

Mr Ng stated: “If a casino closes down or goes bankrupt suddenly, if your timing good, you can maybe get all the new machines for a very very cheap price.”

He noted that refurbished sales were typically to markets with more lax casino regulations, including Cambodia and Laos in Indochina.

Consulting arm

APE also has a consultancy business that works with small-scale manufacturers that are trying to get their product to market in Macau or beyond.

“In terms of Macau standards, in terms of knowledge of the jurisdiction, there is a lot of technical stuff that they [market newcomers] don’t know,”said CEO Mr Ng. “These are things I do know, and the casino operator knows. So sometimes they [the casinos] refer a product back to us.”

In the first eight years of APE’s circa 12-year existence, “I would find them,” said Mr Ng, referring to new products from small new suppliers. Since then, it has “usually been a referral from a casino” that spurs APE’s interest he added.

Chairman Mr Huie noted: “If you can successfully incubate a new product, you can potentially make a lot of money… Now we have got the expertise and the relationships, we will be doing more of that. We hope we will see some good ones coming out soon,” he added.

Mr Ng stated that there were significant challenges in trying to create a casino equipment manufacturing sector in Macau – as opposed to an operation where machines are shipped in from elsewhere for final assembly. Difficulties included a lack of readily-available expertise locally.

“During these past five years there are people that keep thinking about this in Macau…But it’s so expensive. Every single programmer, you have to hire from outside,” he noted.

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7:30 PM

Caesars is New Emperor of NJ Online Gambling

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Caesars is New Emperor of NJ Online Gambling

Ever since online gambling has been made legal in New Jersey, there is only one operator who has been the undisputed ruler of the segment when it comes to the money side of it. This, of course, is PokerStars, the casino giant that exclusively caters to the needs of the most popular card game's aficionados.

However, that has now changed and only time will tell if this “new revenue order” will be permanent or we're entering the stage of constant overtaking. Caesars Interactive Entertainment has surpassed both PokerStars and Borgata and is now the new leader in the New Jersey poker market, revenue-wise.

PokerStars has, in fact, had a terrific streak of being first, which lasted for over two years – they took first position in April 2016 and haven't looked back, until now. In May 2018, Caesars dethroned them and now rules the NJ empire. The main reason behind this change is the state's joining of the Multi State Internet Gaming Association (MSIGA), which is now, therefore, sharing poker liquidity with other states – something Nevada and Delaware have been a part of for the past three years. It is because of this, and the fact that Caesars is the only operator offering online poker in those two states, that this operator benefits wildly from the situation which is reflected in their increased revenue, which has soared by more than 40%!

In total, New Jersey online operators amassed $24.3 million in May revenue, which is 1.3 million less than in the month of March, when the revenue record was set. This is the fifteenth month in a row that combined online casino and poker revenues to exceed $20 million in this state.

Source:

“New Jersey revenues up 15% as Caesars enjoys poker spike“, egr.global, June 14, 2018.

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2:03 AM

Double the Reps Means Doubles Support on the Forum

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Double the Reps Means Doubles Support on the Forum

LCB’ers, as we head into the weekend, we have some news to share with you, and while it’s something you hear about pretty frequently on our end, we know you’ll still be pleased, as it means closer attention to be paid to your questions, comments and concerns! So, what’s the news, you’re wondering? Well, both Split Aces Casino and Twin Casino have joined us on the forum.

Jamie signed on this past Thursday as direct casino support for Split Aces, with a straight-to-the-point greeting: “I am the casino representative, so if you have any questions about our brand – please write in this forum thread. Thanks for your support LCB!!!”

Support for the latter signed on with a more lengthy introduction: “My name is Line and I'm working for Twin, I'm actually in the Affiliate team, but I love this community, so thought it would be fun here myself, to see the good AND the bad feedback, if there will be lots of support, I will get some supporters onboard aswell, but for now it will just be me.”

Of the casino, Line added, “The company has been operating for less than a year, and to be honest it been a fire baptism, to start up in one very competitive market. But we try to be available, transparent. We handle all issues swift and with lot of pride. We are still in the start-up phase so we don't have the politics of a bigger company, and we can solve things very fast.”

Thanks to the two new signups, members can get their questions answered directly on the forum, as well as through the casinos. Head to Jamie’s profile to send him a message for all Split Aces inquiries or to Line’s user profile for anything regarding Twin Casino.

Let’s give them a warm welcome, shall we?

Happy gaming!

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7:25 AM

Intertops Announces Mega Bonus Deals for Secret Jungle

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Intertops Announces Mega Bonus Deals for Secret Jungle

How often do you embark on an exciting adventure towards bonuses of up to 100 percent? Intertops Red is arming all hot-headed players for a journey to Secret Jungle with free spins and huge cash wins, as brand-new releases storm the venue’s growing portfolio on a regular basis. Apart from announcing the fresh-out-the-oven title from Realtime Gaming, a streak of mega bonus deals is also waiting to be unlocked by super-excited players, and exploring deep wilderness is always a good way to uncover mystic golden riches.

Five-reel slots never get old, and volatile 50 paylines with adjustable modes always offer a variety of spinnings and winnings, waiting to be claimed. Explorers, adventurers, pioneers and punters all have one thing in common – the thirst for risky undertaking. Therefore, if you opt in until July 8th using coupon code, JUNGLE, and place one, two or three deposits ranging from $20 to $100 and more, a collection of tasty treats up to 100% and 60 spins can be easily unearthed, whereby the winnings from free rounds carry just a 10X wagering requirement.

The Intertops Casino manager is extremely happy and excited about the new launch, since the game looks fabulously fun, packed with amazing features and opportunities to earn big bucks. For all players who feel a little bit like Indiana Jones, this slot will be a surprisingly well-designed refreshment, full of archaeological symbols and danger at every corner. There are a lot of chances to succeed in scoring big amounts, and this is why the casino is launching extra bonuses in the first place, added the manager.

So, if you are ready to discover pyramids, located deep in the jungle or trigger up to 112 bonus rounds with a maximum multiplier of 10X, pay a visit to Intertops today and get involved with Wild Idols that triple any prize or chase three or more scattered pyramids to score up to 88 free games with the retrigger options! The site recently celebrated twenty years in business and suffice it to say that it’s enjoyed and trusted by players all around the globe. Best of luck!

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1:45 AM

Details (And Secrets) Are Revealed During Ocean Resort’s Casino License Hearing

Details (And Secrets) Are Revealed During Ocean Resort’s Casino License Hearing

An Ocean Resort Casino license was the final piece of the puzzle for the Atlantic City casino to open June 28, and the two-day hearing was an eye-opening experience for many.

The post Details (And Secrets) Are Revealed During Ocean Resort’s Casino License Hearing appeared first on .

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7:27 PM

3D slot tournaments at BingoBilly

Casino City Times

3D slot tournaments at BingoBilly

The online casino is running 3 different daily slots tournaments from Friday, 22 June through Sunday, 24 June. There will be $400 awarded in cash each day.

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1:06 PM

Manila resort land deal legal: Landing International

GGRAsia

Manila resort land deal legal: Landing International

Casino investor Landing International Development Ltd has told GGRAsia it considers it has a “legally-binding contract” for land in the Metro Manila area (pictured) in the Philippines for a resort project.

The statement from the firm follows a Thursday report via the Politiko online news outlet, suggesting the country’s Commission on Audit had ordered an organisation called Nayong Pilipino Foundation to shelve a land lease agreement with Landing International, pending approval from the nation’s casino regulator, the Philippine Amusement and Gaming Corporation (Pagcor), and the National Economic Development Authority.

Landing International told GGRAsia in an emailed statement on Friday: “Our agreement to lease a parcel of land of approximately 9.5 hectares [23.5 acres] in size located in Parañaque City, Philippines, from Nayong Pilipino Foundation is a legally binding contract.”

The firm added: “We are not informed that the land lease contract is cancelled, and we are not aware of any reason or ground for cancellation of the lease contract.”

According to the Politiko report, Maria Fema Duterte – described as a niece of President Rodrigo Duterte and said to be on the board of Nayong Pilipino Foundation, has complained Landing International would be underpaying for its lease relative to the market value of the land at nearby Solaire Resort and Casino.

In June it was reported that a subsidiary of Bloomberry Resorts Corp – Solaire’s developer – had paid PHP37.33-billion (US$710.8-million) for outright purchase of the 16 hectares where that property is located.

Landing International had said in a filing to the Hong Kong Stock Exchange in early May that the legislature of the City of Parañaque, in Metro Manila, had approved the group’s plan to develop and operate a casino resort at Entertainment City, an area earmarked for casino resort development in the capital.

The group said the casino scheme featured a planned construction floor area of approximately 500,000 square metres (5.38-million sq feet).

The Philippines imposed on January 13 a nationwide pause on issuing further casino licences, after President Rodrigo Duterte raised concerns about the “proliferation” of gaming venues in the country.

On May 1, Andrea Domingo, the head of Pagcor, told local media that Landing International was advised to “secure a clearance” from Mr Duterte for its Entertainment City project.

On May 16, at a keynote conference session organised and moderated by GGRAsia, Jay Lee, chief operating officer of Landing International, said the group was “confident” it could obtain a Pagcor provisional licence.

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8:00 AM

Get Jurassic with Dinosaur Bonuses at Slots Capital

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Get Jurassic with Dinosaur Bonuses at Slots Capital

Witty casino blogger at Slots Capital, better known as Slots Lotty, has published an article about the venue’s most recent promotional spree - Dinosaur Species and Jurassic Casino Bonuses. If you are a movie fan and good at simple math, it might be quite interesting to take a look at what she has to offer – after all, being caught up in the excitement surrounding movie blockbusters such as Jurassic World: Fallen Kingdom can only launch tantamount casino offers or maybe even THREE of them!

By claiming to have seen a dinosaur grazing in the swamp, naively calling it Thinkhesaurus, Lotty, funny as always, actively strives to her humorous side and confirms to have gazed another one sleeping all day. She named him a Dinosnore, but the real dilemma arose when she tried to name the third prehistoric creature and simply decided to borrow a well-known word, Thesaurus. Clever, isn’t it? If that didn’t crack you up, here’s a new joke she came up with: “Why ­did the dinosaur cross the road? - because chickens weren’t invented yet!”

Okay, I think we had enough of Lotty’s humor in one article and it’s time to announce three casino bonuses that are available until the end of the current month. Play from June 22nd to June 30th at Slots Capital and get a 150% bonus with coupon code, JURASSIC150 or increase the odds by collecting a 250% bonus, whose coupon code comes with a slightly different digit, JURASSIC250. Of course, if that doesn’t rock your boat, maybe a 300% bonus will. For each of the bonuses, there is a maximum deposit of $500 with no maximum cashout, but you ought to pay attention to wagering requirements nevertheless.

Down at the venue, a wide selection of quality slots and table games from Rival is all it takes for you to fly, so if you own a desktop or a laptop, push the download button and enjoy the weekend. ROAR!!!!

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1:52 AM

Island View Casino Resort opens Beach Casino

Casino City Times

Island View Casino Resort opens Beach Casino

With this expansion, Island View boasts the largest casino floor in the State of Mississippi, totaling 126,000 square feet of gaming space.

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7:22 PM

Would Atlantic City Casinos Shut Down Too If State Shuts Down?

Would Atlantic City Casinos Shut Down Too If State Shuts Down?

If the New Jersey government shuts down June 30, Atlantic City casinos would follow suit a few days later, but one state senator wants to prevent that from happening.

The post Would Atlantic City Casinos Shut Down Too If State Shuts Down? appeared first on .

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2:01 PM

Los Angeles's Birman claims fourth WSOP cash

Casino City Times

Los Angeles's Birman claims fourth WSOP cash

Yaniv Birman emerged from an 83-player field and topped a final table featuring four former WSOP bracelet winners to win the $10,000 Seven Card Stud Championship.

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8:00 AM

Founders Of Turcoin Flee With Millions

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Founders Of Turcoin Flee With Millions

It is widely known that cryptocurrencies started an unprecedented economic and financial revolution all over the world, as various tokens and countless blockchains slowly but surely swarm the world markets night after night. As if the Bitcoin wasn’t enough, we had to invent further assets such as Ripple, Ethereum, Dogecoin, Litecoin etc. Nowadays, almost each country with a strong economy backs some sort of crypto and so did Turkey – but only until recently. The country’s national Turcoin has turned out to be a typical example of a bogus scheme, as founders are believed to have fled with millions of U.S. dollars accumulated from defrauded investors and users.

Due to a large number of speculants and novice investors, it has become extremely easy to ignore important facts such as the distribution of dividends, which the company behind the Turkish token stopped earlier in June. After presenting it bravely as a “rival to the global virtual currency bitcoin,“ the executives completely disappeared from the face of the Earth, leaving each new participant in the network completely drained. The Turkish alternative cryptocurrency was launched by Muhammed Satıroğlu and Sadun Kaya, owners of an Istanbul-based company that earned revenues via pyramid programs, predestined to fail even at the very beginning.

Nonetheless, Turcoin’s value grew fast thanks to the program’s devoted participants and users, but the launch occured guess where – on a gala dinner last year, organized to promote the token. Many Turkish public figures attended the event, and, to make the entire event convincing, the company gave away 20 luxurious cars to the early adopters. Earlier in June, the investors stopped receiving paying bonuses, and, as you know, trying to desperately reach your partners in such scenarios usually ends up with: “the number you have dialed is no longer available“ or worse. One of the investors, whose name will not be published, has invested around 560,000 TL or $120,000 USD in Turcoin, never to see his funds again.

According to a local newspaper, the owners of Hipper have left Turkey with almost 1 billion TL stolen from more than one thousand defrauded financiers. Of course, a large portion of them were promised surreal monthly incomes of 250 TL (approximately $52) in return for an investment of 1,500 TL (around $315). Furious members of the project have reportedly raided the company’s premises after their attempts to communicate by telephone failed.

Source:

“Turcoin Ponzi Scheme Exposed, Founders Flee with Millions”, Tassev Lubomir, news.bitcoin.com, June 19, 2018.

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1:48 AM

Yearly profit up, revenue down at Macau’s Emperor Ent Hotel

GGRAsia

Yearly profit up, revenue down at Macau’s Emperor Ent Hotel

Profit at Macau casino hotel operator Emperor Entertainment Hotel Ltd increased 13.6 percent year-on-year in the 12 months to March 31, the firm said in a filing to the Hong Kong Stock Exchange on Wednesday. But overall revenue – and gaming revenue – was down for the reporting period.

Profit for the financial year was HKD393.6 million (US$50.2 million) compared to HKD346.5 million in the previous year.

The group runs the 307-room Grand Emperor Hotel (pictured) in downtown Macau. As of the end of the reporting period, the property’s casino – operating under the SJM Holdings Ltd gaming licence – had 67 mass-market tables, 172 slot machine seats, and a self-managed VIP gaming room with 10 tables. Table count remained the same as in the prior-year period, while slot machine seats were up marginally by two units.

The group also operates a Macau hotel with no gaming: the 287-room Inn Hotel Macau, formerly known as Best Western Hotel Taipa.

Emperor Entertainment Hotel said the increase in group profit for the period was mainly due to “a decrease of selling and marketing expenses and exchange loss, as well as a revaluation gain recognised during the year, as compared to a revaluation loss in the last year.”

During the reporting period, the group’s overall revenue fell by 7.1 percent year-on-year, to just almost HKD1.50 billion.

Emperor Entertainment Hotel said its performance for the year ended March 31 had been “inevitably affected” by “incremental capacity” added on Macau’s Cotai district.

“The introduction of other casino resorts in Cotai has resulted in market share dilution on the Macau peninsula, where the group’s casino complex is located,” Emperor Entertainment Hotel stated. It added: “Facing keen competition from the new casino resorts, the group strived to mitigate the impact by improving customer segmentation.”

The firm’s gaming revenue declined by 8.0 percent in year-on-year terms during the reporting period, to HKD1.25 billion.

Gross win in the mass gaming floor was HKD1.29 billion versus 1.39 billion one year earlier. Rolling chip turnover in Emperor Entertainment Hotel’s self-managed VIP room also declined in the year ended March 31, to HKD22.4 billion from HKD24.7 billion a year earlier.

The board recommended a final dividend of HKD0.057 per share. Together with the interim dividend of HKD0.026 per share, the total dividends per share for the year are HKD0.083.

Looking ahead, Emperor Entertainment Hotel’s management stated it was “optimistic regarding growth prospects for Macau’s gaming market, and is actively reviewing growth strategies and value-creating opportunities” in the city.

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7:15 PM

Pennsylvania Gaming Control Board issues fantasy sports revenue

Casino City Times

Pennsylvania Gaming Control Board issues fantasy sports revenue

The report provides a breakdown on fees collected from the play of Pennsylvania participants, Fantasy Sports Contests operators' adjusted revenue, and the tax revenue due to the Commonwealth.

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1:30 PM

Atlantic City Casino Revenue Takes A Slide In May, But Don’t Panic Yet

Atlantic City Casino Revenue Takes A Slide In May, But Don’t Panic Yet

Atlantic City casino revenue was down 5% in May compared to 2017, which is not a concern just yet with NJ sports betting and two new casinos coming soon.

The post Atlantic City Casino Revenue Takes A Slide In May, But Don’t Panic Yet appeared first on .

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7:10 AM

Japan parliament extension boosts casino bill hopes

GGRAsia

Japan parliament extension boosts casino bill hopes

Japan’s governing coalition agreed on Wednesday to extend the current ordinary session of the country’s parliament until July 22, which could allow passage of the Integrated Resorts (IR) Implementation Bill, a key measure for creation of a casino industry there.

The move – amounting to a 32-day elongation of the present session, which had been due to end on Wednesday (June 20) – was due to be made official via a formal resolution in the legislature that afternoon.

The casino implementation measure is not the only piece of government business said to benefit from the extension of the parliamentary session. Other measures backed by Prime Minister Shinzo Abe’s Liberal Democratic Party and its government coalition junior partner Komeito poised for approval include a bill revising rules on labour conditions.

The current government is committed to a range of reforms that it says are aimed at improving the structure of the country’s economy. Casino liberalisation is one of them. The stated aim of the latter is to generate fresh inbound tourism to the North Asia nation.

Kyodo News, a press agency, said it was the first time since 2015 that Japan’s ordinary parliamentary session was being extended.

The House of Representatives, the lower chamber of Japan’s parliament, passed on Tuesday the IR Implementation Bill. That paves the way for the bill to be heard and passed by the upper chamber, the House of Councillors.

If the bill gets the nod in the current session, a number of industry executives expect the first casino licences to be issued in around the year 2020, with the first resorts to open for operation in circa 2025.

In mid-May it emerged that Japan’s two governing parties – and an opposition party – jointly submitted another bill to the country’s parliament on the vexed issue of gambling addiction counter measures. It has previously been reported that the passage of such a bill would be a condition of the timely passage of the IR Implementation Bill.

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1:43 AM