It’s Friday — the best time for a short gambling week’s report listing main events that took place in the first half of August 2016! Let’s take a look at the changes in gambling business, news in gambling field, casino products and betting shops — you will find it all in our short gambling week’s report.
Gambling industry is not standing still: slot machines announcements are regularly published, millions of jackpots are hitting, new contracts are signing, changes in the law are approved — there are lots of important and interesting events. There are a lot of interesting developments that have an impact on a particular field of activity every week in the gaming industry. Let us consider the main last week’s events and present you with a short gambling week’s report.
Key events
Australian Parliament Senate Member Nik Ksenofont has introduced a bill that equates Dota 2 and Counter-Strike to gambling. It is worth mentioning that under Australian law, only companies registered in Australia are able organizing gambling business in country, as well as using check real money Australian pokies guide.
Dota 2 and Counter-Strike can be equated to games of chance in Australia. This means that they can be prohibited in the country.
Senate Member believes that the main reason for equating Dota 2 and Counter-Strike to gambling is availability of paid services that allow you winning prizes when using cases system. This argument gives full right to classify e-sports to games of hazard.
Also, bill authors claim that players can purchase items for games without age verification. Gameplay participants are often minor citizens who play without their parents’ knowledge.
Playtech released the first product for virtual bookmaker Coral
Playtech software development company has announced release of product for first virtual bookmaker Coral — Virtual Sports Football Accumulator. New product will appear in 100 betting shops throughout the UK. Over time, bookmaker intends expanding number to 1000.
Playtech company has signed a contract on cooperation with PokerStars, which is owned by Amaya. Partnership agreement between two companies means increased access to mobile and desktop developer games.
Cyprus authorities intend to establish a regulated online betting market
Cyprus government has decided running a regulated market for online sports betting for increasing tax revenues to the state budget. Cyprus Gambling Commission (Cyprus National Betting Authority — NBA) president Ioanna Fiakkou reported that all operators who are taking sports bets online should obtain appropriate licenses.
It is worth mentioning that in 2012 Cypriot authorities have decided to ban gambling business online, allowing to operate only one Greek company OPAP. Later, same authorities decided to revise the law and allow online betting in the country.
Casino Trump Taj Mahal will be closed after September 5, 2016
Due to the fact that casino is unprofitable, owner of Trump Taj Mahal in Atlantic City, Icahn Enterprises company, has decided to close gambling establishment after US Labor Day, on September 5, 2016.
Fantasy sport’s recognized legal in Massachusetts
The bill on recognition daily fantasy sport (Daily Fantasy Sport — DFS) legal in Massachusetts, USA, has been adopted almost unanimously. Only one member from 200 representatives voted against this bill.
Such bill indicates that daily fantasy sport is legal until 2018 through. Also, special commission which conducts research relating to fantasy football competitions industry will be created.
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