Unregulated Online Gambling Operations Account for 54% of Sweden’s iGaming Market

Sweden’s gambling market was worth SEK5.63 billion (approximately $631.9 million, €528.4 million) during the first quarter of 2018, up 2.8% from the same three-month period a year ago, the latest figures released by the country’s gambling regulator Lotteriinspektionen show.

Half of the gambling revenue generated during the first quarter of the year came from online gambling operations. Online casino games and sports betting services thus contributed around SEK2.8 billion to the quarterly revenue bulk. Sweden’s online gambling market grew 16% year-on-year in terms of revenue generated during the three months ended March 31, 2018, while the country’s land-based market shrunk 8% year-on-year. read more

Tomas Jozonis Leads 16 Finalists Into EPT Monte Carlo Main Event Day 5

Day 4 of the EPT Monte Carlo Main Event was a relatively short one but full of action and speedy eliminations of tournament entries. The day kicked off with 45 remaining players, but several hours later that number was reduced to just 16 finalists.

The 16 hopefuls are set to return at the host casino today at noon local time to play down to the official six-handed final table. Each of the finalists is guaranteed a minimum cash of €31,700, but they will all look for a spot among the final six for a chance to eventually win the €712,000 first-place prize. read more

partypoker Shared Online Poker Liquidity Launch Set to Happen Any Day Now

Partypoker, the online poker brand of gambling giant GVC Holdings, seems to be quickly inching closer toward joining the shared online poker liquidity project that officially launched early in 2018.

The operator said at the end of April that it was updating its .es website to make it look the same as its global .com website, thus indicating that the launch of shared poker tables is imminent. According to recent reports, partypoker was expected to go live with shared Franco-Spanish tables on the last day of April or May 1. It seems now that Spanish and French players will have to wait for a little more before being able to play with counterparts from the other country, but it also seems that partypoker’s entry into the shared liquidity scheme might happen any moment now. read more

Japan Casino Bidding Process Will Begin in Late 2019, Melco CEO Believes

The bidding process for Japan’s first integrated resorts will likely begin late next year or even in 2020, Melco Resorts & Entertainment Chairman and CEO Lawrence Ho said in an interview with business media outlet Bloomberg.

Melco currently operates integrated resorts in Macau and the Philippines and is betting big on Japan as the next big integrated resort and casino gambling market. read more

Borgata Casino and Gemaco Move to Settle High-Profile Dispute Off Court

Atlantic City’s Borgata Casino has moved to settle the remaining portion of its claim against card manufacturer Gemaco in a high-profile case involving the gambling venue and popular poker pro Phil Ivey.

Legal news outlet Law360 reported that according to a Friday letter filed in a New Jersey federal court by the Borgata, the casino and Gemaco have begun “discussing a resolution” of their dispute. The two parties requested 60 days to negotiate the terms of a potential settlement. The letter was filed by the Borgata’s legal team, but it stated that Gemaco attorneys concurred with the settlement request. read more

Chicago Mayoral Candidate Supports Casino at O’Hare International Airport

Chicago mayoral candidate Garry McCarthy said this weekend that he would support the addition of a casino at O’Hare International Airport as it would generate new revenue for the cash-strapped city, while reducing the societal issues that can go along with the legalization of gambling.

The Chicago mayoral election is a year away but campaigns are already heating up, with candidates rolling out materials promoting their candidacy and challenging their opponents. According to political experts, next year’s race will be the most heated one in years, particularly given the fact that Mr. McCarthy, who was fired by incumbent Mayor Rahm Emanuel as police superintendent back in 2015, would participate. It is believed that the events surrounding his departure could come out during the election process. read more

Benjamin Zamani Wins First WSOP Circuit Gold Ring at Planet Hollywood

Two-time WSOP gold bracelet winner Benjamin Zamani added last night another piece of WSOP hardware to his collection of poker trophies. The player bested a field of 870 entries in the WSOP Circuit Planet Hollywood Main Event to claim his first WSOP Circuit gold ring and a first-place prize of $192,152.

Zamani entered the final day of the tournament along with nine other survivors from Day 2. The player was third in chips at that point in play with 1.5 million. He was well behind the start-of-the-day chip leader Scott Powrie who had 3.925 million when cards were thrown in the air for Day 3 of the Planet Hollywood Main Event. Barry Hutter, another former WSOP gold bracelet winner, was second in chips at the start of the day. read more

Scott Powrie Emerges as Chip Leader after WSOP Circuit Planet Hollywood Main Event Day 2

The final table of the WSOP Circuit Planet Hollywood Main Event was reached a few hours ago at the host venue. There are ten players left to contend for the first-place prize and a gold ring from the series. The final ten will be led by Scott Powrie into the event’s last day of action.

The player bagged 3.925 million in chips last night and was the only player to crack the three million mark on Day 2 of the $1,675 buy-in tournament. He cemented his leading position by winning a massive pot during the very last level of play. read more

Top Philippine Architect Says Boracay Is the “Wrong Place” for Casino Resort

The proposed construction of a $500-million integrated resort on Boracay could damage the quality of the sand on the island, a top urban planner told local media.

According to Felino Palafox, a leading Philippine architect and urban planner, developers should not be allowed to build on the island’s beaches as this would have a negative environmental impact. Mr. Palafox spoke with local news channel ANC on Saturday. read more