Month: August 2021

AGA chief executive to depart

first_img Geoff Freeman is to step down from his role as president and chief executive of the American Gaming Association (AGA). Freeman has led the organisation since 2013 and has been one of the key figures in the successful battle to expand the sports betting market in the US. The Supreme Court last month voted to overturn the federal 1992 Professional and Amateur Sports Protection Act (PASPA). PASPA had blocked more states from legalising full-service sports betting, but the ruling will allow states to individually regulate such activities. Last week, Delaware passed legislation to legalise sports wagering and yesterday (Tuesday) began accepting full sports wagers. Freeman will depart the AGA on August 1 in order to become president and chief executive of the Grocery Manufacturers Association (GMA). Tim Wilmott, chief executive of Penn National Gaming and chairman of the AGA board, said: “The AGA accomplished many important successes during Geoff’s tenure, most notably the recent Supreme Court ruling declaring PASPA as unconstitutional, a decision that paves the way for legalised sports betting in the US. “It is a testament to our industry, as well as to Geoff himself, that GMA would look to gaming as a model for managing through dynamic change and complexity to achieve success in both policy and perceptions. “Geoff has built a strong board and a strong team; he leaves us well positioned for future success.”Related articles: US sports betting ban overturned American Gaming Association adds new board members Casino & games Topics: Casino & games People Sports betting Strategy AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 6th June 2018 | By contenteditor Regions: US Email Address Subscribe to the iGaming newsletter AGA chief executive to depart Geoff Freeman is to step down from his role as president and chief executive of the American Gaming Association (AGA) Tags: Online Gamblinglast_img read more

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New Culture Secretary should target ‘stability’

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Email Address 10th July 2018 | By contenteditor Legal & compliance Regions: UK & Ireland The Remote Gambling Association (RGA) has called for a period of calm in the UK’s gambling industry after the appointment of Jeremy Wright as the new Culture Secretary.Former Attorney General Wright (pictured) replaces Matt Hancock, who has become Health Secretary after just six months in the job. He will now lead the department responsible for gambling and sport, with Tracey Crouch remaining Minister for Sport, a post she has held since 2015.Wright assumes the office three months after Hancock and Crouch announced maximum stakes on FOBTs are to be reduced from £100 to £2 “to reduce the risk of gambling-related harm”. The announcement came after the completion of the Triennial Review that has involved government, the Gambling Commission and interested parties from across the gambling industry. Speaking after Wright’s appointment, Clive Hawkswood, of the RGA, told iGamingBusiness.com: “After the protracted debate around FOBTs and the Triennial review process, I think the wider industry really needs a period of stability, so I’d suggest it could be counter-productive for anyone to rush forward with a shopping list of issues they might like him to consider.”The Association of British Bookmakers (ABB) told iGamingBusiness.com that it hopes to work with Wright as his department implements the introduction of the FOBT maximum stake reduction, which the group has previously estimated could lead to 4,000 shop closures and 21,000 job losses. The ABB said: “We look forward to working with the new Secretary of State, Jeremy Wright QC, MP to ensure a sustainable and responsible retail betting industry.“Betting shops are facing a massive threat as the new maximum stake on gaming machines will result in thousands of shop closures, job losses and significant economic consequences for horse and greyhound racing. It is vital that we work with the Secretary of State and his department to mitigate these impacts where possible and ensure that betting shops remain one of the safest environments in which to gamble in the UK.”The ABB this week told iGamingBusiness.com about some of the pressures that the industry will face in the next two years.An ABB spokesperson said: “While the implementation timeframe is a matter for the government, an appropriate timeframe would enable staff redeployment where possible, the introduction of voluntary redundancy schemes, the renegotiation of shop leases and the termination of contracts with many local suppliers in an orderly way.“In addition software changes to the architecture of over 200 games will be made. This process will also require each game to be independently verified.“Those shops that survive will continue to provide a safe place to gamble with staff interaction and industry leading responsible gambling measures and to support British sport.”center_img Topics: Legal & compliance UK gambling industry reacts to appointment of Jeremy Wright as the UK’s new Culture Secretary Subscribe to the iGaming newsletter New Culture Secretary should target ‘stability’last_img read more

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Betfan goes live in Poland

first_img Betfan has rolled out its gambling services in the Polish market, claiming to be the only with the online operator offering consumers in the country the chance to wager on a range of non-sporting events.Punters will have access to traditional sports betting and esports wagering, as well as a selection of bets on entertainment, media, politics, show business, economics and the weather.Betfan has said this diversified service means that it can offer more than 1.5m different bets every month.CEO Piotr Sienkiewicz said Betfan is keen to change the perception of bookmaker bets, with the operator setting a goal of becoming one of the top five betting brands in Poland – in terms of turnover – within the next three to four years.“We are not focusing solely on just sporting events and their results, we look closely to the surroundings and we try to offer our fans a variety of bets matching their various interests,” Sienkiewicz said.“With us you can bet on almost anything. In order to not to create additional barriers, we take on us payment of tax on games, and each new player can take advantage of the highest welcome bonus on the market, worth PLN 3,000.”Betfan becomes the 10th online gambling operator to go live in the regulated Polish market. The launch comes six months after it secured a licence from the country’s Ministry of Finance.Last year, Betfan was one of a number of operators that were awarded licences, along with the likes of Typiko and Traf Zakłady Wzajemne, a subsidiary of state-owned gaming operator Totalizator Sportowy.Cherry, Betclic Everest, Totalbet, and Ewinner also secured licences in 2018.Betfan is managed by a team of experienced industry professionals, with chief executive Sienkiewicz previously working at Polish bookmaker forBET and Totolotek, the Intralot sports betting subsidiary acquired by Gauselmann Group in March this year. Its head of IT Jarogniew Muszyński also worked for the two operators, while operations chief Grzegorz Kiczko also spent time working for Totolotek. Regions: Europe Central and Eastern Europe Poland Subscribe to the iGaming newsletter Topics: Esports Sports betting Betfan goes live in Poland AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Betfan has rolled out its gambling services in the Polish market, claiming to be the only with the online operator offering consumers in the country the chance to wager on a range of non-sporting events. 17th May 2019 | By contenteditor Tags: Online Gambling Esports Email Addresslast_img read more

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Cutting through the noise of game launches: Affiliate manager focus

first_img29th May 2019 | By Louella Hughes As I discussed in my first article last month, which assessed the role affiliates play in a new slot release, there is no branch of marketing that permits such a detailed preview of a game product’s selling points than affiliate content.Unfortunately, too often affiliate managers get in touch with affiliates only to let them know about the launch of a new game, rather than the build-up to it, meaning the opportunity for previews is lost.In my view, this lost opportunity is due to a lack of symbiosis in business units across the majority of igaming organisations. Like companies in many a tech-boom industry, igaming businesses have had to evolve and grow rapidly and this has led to inevitable imperfections in organisational structures.Many igaming operators run their businesses using a ‘silo’ approach, with different departments working independently of one another, and nowhere is this truer than at the desk of the affiliate manager.The level of interaction between product and affiliate teams is low and for this reason, affiliate managers are rarely positioned to effectively market a new casino game to their affiliates but at the same time, it is their job to do so.While a good affiliate manager ought to be in tune with product development, the role has many competing priorities that mean this isn’t always the case.When you factor in the requirement to keep track of the promotional calendar, the increasing pressures of the regulatory environment, not to mention the day-to-day communications required to keep an affiliate programme moving forward, it’s easy to see how skipping over an internal email announcing the impending launch of the casino’s next big title might occur.According to Katy Stafford, head of affiliates at affiliate programme ComeOn Connect, it’s particularly challenging when your programme’s brands are launching up to 20 games per week.Selective approach neededFor operators with such a high number of launches, it is simply nonsensical to promote every single game to the same degree through any marketing channel.At some stage, a choice over which games warrant traction has to happen and this deliberation – between casino product manager and affiliate team – rarely occurs in my experience.The affiliate programme brief, generally unspoken, is that it is the volume of games that is the marketable focus on casino product, rather than steering their affiliates to a particular quality of game that suits a certain type of player or country market. Is this down to a lack of product knowledge among most affiliate managers? It’s certainly evidence that product expertise is not trickling down through operator organisations.And even when it is, it often comes with a time lag that makes it impossible for affiliate managers to then get that information to affiliates in time for previews. Affiliate programmes require notice to produce design assets to promote new products.Oddly, this is another misnomer of the operator and its silos. When creative is produced for on-site coverage at the behest of the product team, all too frequently a separate request – even a separate design team and compliance sign off – is required to produce the assets to populate the affiliate platform with sufficient material for affiliates to utilise.There are exceptions to the rule, however. While very few operations get things right, those that do often have incredibly close working – even exclusive – relationships with game developer partners.‘Priming’ affiliates for launchesCelia Gustavson, affiliate manager at Casino Rewards, whose sites feature exclusively Microgaming content, is in such a position. “We normally get three months’ notice ahead of new game releases and these are announced through our affiliate news in advance.“We ensure that our affiliates are primed and ready for all major launches. We have an exclusive variation of Mega Moolah landing soon and our affiliates already know about it.”But single provider operations such as Casino Rewards are few and far between these days. Most affiliate managers are faced with consuming a Rolodex full of different studios.This makes it all the more vital that all stakeholders participating in a new game’s release recognise the pivotal role an affiliate manager plays in timely information gathering and seeding.It is incumbent on game studio and casino managers to ensure that affiliates don’t have to chase their affiliate managers for information about new game launches.If at game launch it is the affiliate chasing for game information, the moment may very well be lost for all parties and a great game may not get the coverage it deserves during what is an increasingly small PR window.The importance of engaging players early in a game’s lifecycle cannot be underestimated, says Stafford: “The depth of game titles we offer is the most important factor in players both choosing their favoured casino brand and remaining loyal to it. The best channel for us to educate both new and existing players about the games we offer is via affiliates. It’s great for them (in terms of fresh content) and brilliant for us to ensure that new games are at the forefront of our marketing efforts.” Tags: Online Gambling First Looks Games’ Tom Galanis explores the role of the affiliate manager in marketing new games and finds that they aren’t helped by the siloed organisational structures of operating businesses Subscribe to the iGaming newsletter Cutting through the noise of game launches: Affiliate manager focuscenter_img Topics: Casino & games Casino & games AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Email Addresslast_img read more

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10bet becomes Juventus’ international partner

first_img 10bet has signed its biggest sports club partnership to date after becoming the official gaming and betting partner of Italian football giants Juventus. Topics: Marketing & affiliates Sports betting Email Address AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Marketing & affiliates 19th September 2019 | By contenteditorcenter_img 10bet has signed its biggest sports club partnership to date after becoming the official gaming and betting partner of Italian football giants Juventus.The operator has signed a three-year partnership with the Serie A club, which is led by football icon Cristiano Ronaldo. A Juventus spokesperson said the deal is focussed on markets outside of the team’s native Italy, which implemented a blanket ban on advertising from January this year. 10bet, which replaces Betfair as Juventus’ betting partner, said it will develop promotional content and marketing activities for the club’s supporters, including exclusive content and prize giveaways. Juventus, meanwhile, said the deal will assist the club in its international expansion efforts.Giorgio Ricci, Juventus’ chief revenue officer, said: “We will work exclusively outside Italy together with a partner for whom entertainment and engagement are the core activities.“The particular attention paid to the global markets and audiences, a key theme for 10bet and the club, attests to the perfect synergy between our companies,” he explained. “In fact, this agreement fits ideally into the ongoing international growth project that has been in development by Juventus for years now.”Gambling advertising has been illegal in Italy after the introduction of the ‘Dignity Decree’ earlier this year which issued a blanket ban across all media platforms in Italy. Italian companies, including sports teams, are not allowed to display advertising or marketing communications which feature gambling-led prizes, incentives, events, markets or products.10bet is not operational in Italy and iGamingBusiness understands it has no plans to enter the market.“We’re thrilled to be partnering with such a prestigious brand as Juventus and both brands share the same values and principles,” a 10bet spokesperson said.“We are passionate about presenting our audiences with the most unique and entertaining products and we’re confident this will be a mutually beneficial long-term partnership.”10bet, which is licensed in the UK, Ireland, Sweden and Malta, is the main shirt sponsor of English second-tier Championship team Blackburn Rovers. Regions: Europe Southern Europe Italy Subscribe to the iGaming newsletter 10bet becomes Juventus’ international partnerlast_img read more

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31 March: Where’s the action?

first_img 31 March: Where’s the action? Email Address iGB, in partnership with sports data specialist Abelson Info, is providing an updated list of the sporting events taking place each weekday throughout the novel coronavirus (Covid-19) pandemic. 31st March 2020 | By contenteditor Subscribe to the iGaming newsletter AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwittercenter_img Topics: Sports betting Tags: Mobile Online Gambling Sports betting iGB, in partnership with sports data specialist Abelson Info, is providing an updated list of the sporting events taking place each weekday throughout the novel coronavirus (Covid-19) pandemic.This will ensure our readers have a regularly updated roster of the sporting events happening that day.Basketball Again, the only event taking place is China’s semi-professional Super Basketball League.Football No leagues matches will be played today (31 March), so friendlies between clubs will be the only football taking place.Golf Today’s golf, once again, takes place in the US, at Arizona’s Sun City Country Club and as part of the Outlaw Tour in Verrado.Greyhounds As usual, the greyhound racing of the day happens after Abelson’s 10:59PM cut-off, so only the countries in which it occurs are listed.Horse Racing Australia dominates today’s racing schedule, though there will be events at Oklahoma’s Will Rogers Downs and Nebraska’s Fonner Park in the US.Ice Hockey With almost all sports still taking place in Belarus, it is the only place to bet on ice hockey today.Table Tennis We’re back in Eastern Europe with today’s table tennis action, specifically Russia and the Czech Republic.Volleyball We end the day on volleyball, again with action in Belarus and Russia.This list is not intended to be exhaustive, and all events are subject to change. iGB is working on adding an esports component to this round-up.Abelson Info was set up by Ed Abelson in 2003 to supply the bookmaking industry with the crucial sports data it required as the online betting industry began to boom. Starting with just a handful of employees and even fewer clients, the business has since grown and evolved to accommodate the ever-changing requirements of the industry.We now supply data and technical services to the majority of the top tier bookmakers and platform providers in the UK, along with many of the biggest media corporations and development firms across the world. We have a stellar reputation for delivering top quality data and are always on hand to support customers, 24 hours a day, 365 days a year.last_img read more

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GB Gambling Commission announces senior appointments

first_img The GB Gambling Commission has confirmed the appointments of Terry Babbs, Brian Bannister, Jo Hill and Sir Martin Narey as commissioners for the national regulatory body.Appointed by Oliver Dowden MP, Secretary of State for Digital, Culture, Media and Sport, the quartet will commence their new roles at the Commission with immediate effect.Babbs has held executive roles in both the private and public sectors, serving as ethical trading director for supermarket giant tesco Tesco and a number of global supply chain management organisations.Aside from his new role at the Commission, Babbs is also the senior independent director at the General Dental Council, vice chair of the investment committee of Oxfam’s Enterprise Development Programme, and a non-executive director of HMRC’s Valuation Office Agency.Meanwhile, Bannister is currently executive director for strategic insight and influence at The Law Society of England and Wales, having previously led global communications for KPMG. Bannister also served in a number of senior roles at PwC, including its UK director of communications for six years.Hill serves as executive director of strategy and risk at The Pensions Regulator, leading on corporate strategy, risk management, data and analysis. She was previously director of market intelligence, data and analysis at the Financial Conduct Authority (FCA).In addition, Narey has had a long career in the public sector, including a spell as director general of the Prison Service of England and Wales for seven years and heading the Probation Service for a three-year term.“Terry, Brian, Jo and Sir Martin bring a wealth of valuable expertise to the Board of Commissioners,” Gambling Commission chair Bill Moyes said. “Their collective experience will help us as we look to implement further protections for consumers and strongly regulate what is a fast-moving and innovative industry.“I’d like to welcome them to the Commission and look forward to working closely with them.”The quadruple appointment comes after the Commission this week announced that it will direct £9m in funds from regulatory settlements to GambleAware, a commissioning charity that supports initiatives to tackle gambling-related harm, during the novel coronavirus (Covid-19) pandemic.The Commission this week also updated the regulations surrounding society lotteries, raising prize limits but also requiring a greater deal of transparency regarding spending of proceeds. Casino & games Subscribe to the iGaming newsletter GB Gambling Commission announces senior appointments Email Address 1st May 2020 | By contenteditor The GB Gambling Commission has confirmed the appointments of Terry Babbs, Brian Bannister, Jo Hill and Sir Martin Narey as commissioners for the national regulatory body. Tags: Online Gambling OTB and Betting Shops Topics: Casino & games People Strategy AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Regions: UK & Irelandlast_img read more

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Kindred expects Q2 revenue rise despite Covid-19 impact

first_img Kindred Group has forecast a year-on-year increase in revenue for the second quarter, despite the business having been impacted by the novel coronavirus (Covid-19) pandemic during the period. Subscribe to the iGaming newsletter Kindred expects Q2 revenue rise despite Covid-19 impact Topics: Finance Sports betting Finance 8th July 2020 | By contenteditorcenter_img Kindred Group has forecast a year-on-year increase in revenue for the second quarter, despite the business having been impacted by the novel coronavirus (Covid-19) pandemic during the period.The operator said revenue for the three months to 30 June is expected to amount to £235.0m (€261.6m/$295.2m), which would represent an increase of 3.9% on £226.2m in the corresponding period last year.Kindred said that while the cancellation of many sports events as a result of the pandemic harmed its sports betting business, this was mitigated by growth in other verticals.The operator said it saw “substantial” growth underpinned by technology, including its proprietary racing platform, as well as increases in esports betting and virtual sports. As an online-only business, Kindred said it in fact benefitted from the shutdown of land-based gambling facilities in some markets, with customers migrating online as a result.Expected revenue growth in Q2 meant that Kindred was also able to forecast a year-on-year increase in underlying earnings before interest, tax, depreciation and amortisation, which it said is likely to climb from £30.5m in Q2 2019 to between £48.0m and £53.0m this year.This earnings growth was driven by efforts to reduce costs during the period, such as lowering spending on marketing, content and other direct costs during the European peak of the pandemic.While this proved profitable in the short-term, Kindred noted that once sports events have returned to normal, it expects its own marketing cost model to also normalisen and therefore rise. However, Kindred said it would continue to implement a number of operational efficiency initiatives throughout 2020.Meanwhile, betting duties for the second quarter were some way below the level of the first quarter, mainly due to the cancellation of sports events. Kindred said this was most apparent in France, where tax rates are highest and other gambling verticals are limited.The number of active customers at Kindred declined 11.0% year-on-year to 1.3m for the quarter, though the operator said that this was expected, with many of its recreational and occasional players motivated by sports events. Kindred also noted that while it continued to use its strong cash flow to reduce the amount outstanding under its credit facility, movements in exchange rates led to a foreign exchange loss on the loan balance of £5.1m in Q2, out of which £600,000 was realised.The operator plans to publish its full report for the second quarter of 2020 on 24 July. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Tags: Online Gambling Email Addresslast_img read more

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Voters in Maryland, Louisiana and South Dakota back sports betting

first_img“The people of Louisiana have spoken,” Louisiana Wins’ Ryan Berni said. “Louisiana was missing out on tax revenue from not having legal sports wagering, and now we will be able to raise revenue to support our state’s many needs.  In Maryland, 66.2% of votes were cast in favour of legal wagering, with high ranking officials including Governor Larry Hogan having declared their support for betting in the state.  As Louisiana only permits amendments to tax rates or new taxes to be debated in non-fiscal (even numbered) years, it was unable to set duties and fees for the industry, which must now be debated in the 2021 legislative session. Joining Brendan for the session will be MGM Resorts’ Ayesha Khanna Molino; FanDuel’s Stacie Stern; John Pappas of Corridor Consulting and Brianne Doura-Schawohlf from EPIC Risk Management. Register now to book your place.  Voters in Maryland, Louisiana and South Dakota back sports betting This memorably saw retiring Senator Danny Martiny filibuster a fantasy sports tax bill in the 2019 legislative session, after its sponsors would not incorporate real-money wagering into their document.  The measure was strongly supported by Louisiana Wins, a coalition of sports betting supporters that led the charge for a yes vote.  Regions: US Louisiana Maryland South Dakota This expands the range of legal gambling products in the state to add wagering to blackjack, craps, poker, roulette and slot machines, all of which are also only available in Deadwood, in the West of the state. Sports betting is coming to Louisiana, Maryland and South Dakota, after voters backed measures on yesterday’s (November 3) election ballot to regulate the vertical. Zucker’s Senate Bill 4 proposed $2.5m license fee, plus an annual $250,000 renewal charge, and 20% gross revenue tax. Online operators would also be permitted to operate wagering on behalf of a master licensee, for a fee of at least $5,000.  Photo by cottonbro from Pexels Sports betting regulation In Louisiana, legal wagering garnered support from voters in 55 of the state’s 64 parishes, according to preliminary results. This was facilitated by Senate Bill 130, authored by Senator Cameron Henry.center_img “Our Louisiana Wins coalition brought together industry, business groups, and community leaders to educate voters and approve this ballot measure that will help fund priorities here in Louisiana,” he said. “We look forward to working with the Louisiana Legislature as they develop a framework for sports wagering in the 2021 legislative session so that we can deliver on the mandate from voters and quickly bring that tax revenue home to Louisiana.” Subscribe to the iGaming newsletter In South Dakota, meanwhile, Amendment B, to legalize sports betting in the city of Deadwood, was approved by a 58.5% to 41.5% margin, according to the Associated Press.  During the campaign, a study commissioned by the state Department of Economic Development estimated that Louisiana was missing out on as much as $330m in taxable revenue, after previous attempts to regulate betting came to nothing.  Again, no fees or duties have been set out for the vertical, though Amendment B stated that money raised through legal wagering would be used for the historic restoration and preservation of Deadwood. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter As with Louisiana, the issue now returns to the legislature, which will be required to develop a framework for betting. Senator Craig Zucker, who drafted the measure that was ultimately placed on the ballot, had initially set out a full model for sports betting regulation, though this was removed from the final bill.  For readers looking for more on the election, there will be a live discussion ahead of this year’s Sports Betting USA Digital, led by Global Market Advisors’ Brendan Bussman on November 5.  Topics: Legal & compliance Sports betting Legal Regulation Online sports betting Sports betting regulation Sportsbook 4th November 2020 | By Robin Harrison This was later amended to allow betting at three racetracks, Pimlico Race Course, Laurel Park and Maryland State Fairgrounds, as well as in the Washington Football Team’s FedEx Field. Email Addresslast_img read more

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Crown’s new Sydney casino faces opening delay after ILGA request

first_imgConstruction on the property is due to be completed in the next few weeks and Crown had been due to commence gaming operations in December, but the ILGA has requested this be pushed back until February next year. Crown did not say whether the internal review and suspension of such activities was directly related to the inquiry, but chief executive Kenneth Barton, finance director Michael Johnston and secretary and general council Mary Manos have all testified before the committee. Crown’s new Sydney casino faces opening delay after ILGA request Subscribe to the iGaming newsletter Legal Crawford added the ILGA is prepared to work with Crown to explore options that may enable the opening of non-gaming areas including accommodation, restaurants, bars and entertainment areas next month. Tags: Crown Resorts ILGA chair Philip Crawford said the authority is not in a position to consider a number of essential regulatory applications related to operation of the casino, including minimum bet limits, VIP membership policy, gaming area boundaries and “close associates” of the licence holder. The New South Wales (NSW) Independent Liquor and Gaming Authority (ILGA) has formally requested that Crown Resorts delay opening its new casino in Sydney next month due to concerns over the operator’s suitability to run the property. “In light of this, we did not consider it appropriate to determine the applications before the Authority until the findings of the Bergin Inquiry.” Regions: Australia “The Authority has found ongoing evidence before the Bergin Inquiry to be extremely concerning, and that any gaming activity at the casino before the Inquiry’s findings are released in February 2021 and considered by the Authority would pose unacceptable risks on the community against the public interest,” Crawford said. This, Crawford said, was due to evidence uncovered during its ongoing inquiry into Crown’s proposal to acquire a 19.99% stake in Melco Resorts & Entertainment. Patricia Bergin, a former judge of the Supreme Court of New South Wales, has been leading the investigation. Though talks over the acquisition broke down, the ILGA continued with the investigation over certain allegations against Crown. 18th November 2020 | By Robert Fletcher In September, Crown announced it would suspend all of its activity with junket operators until 30 June, 2021 as it undertakes an internal review of the business segment, amid the ILGA’s own review into the operator. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Topics: Casino & games Legal & compliance Legal These included claims that Crown, its agents or affiliates “engaged in money-laundering, breached gambling laws and partnered with junket operators with links to drug traffickers, money launderers, human traffickers, and organised crime groups”. Email Addresslast_img read more

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