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Monthly Archives: May 2021
Positive and Negative Effects of Online Casinos on Working Process – The Southern Maryland Chronicle
Posted: May 27, 2021 at 7:57 am
You all believe that online gambling is here big money is present and that all players enjoy it for this purpose only. The truth is much different. In addition, online casinos do affect the working process more than you may believe. Today, we are going to discuss the positive and negative effects of this process and explain all you need to know.
Positive Effects
An online casino may look like a completely different thing than a brick and mortar establishment for this purpose, but they do have a lot of similarities. These affect the working process as well. There are a few cases where we can see these effects and we must add that they are impressive.
Lets also add that these days you can enjoy 5 dollars minimum deposit sites that are just amazing. You can make a small deposit and play all the games you like at these casinos. Many of these sites can be seen atcasinosterson where you can also find a lot of details about each one, which is an interesting fact.
One of the most important things about how online gambling affects the working process is taxes. All of these sites must pay a lot of taxes to the country where they are located at and this is impressive. Just imagine the profit of an online casino paired with the biggest casino win. You can imagine how much money that country will get. If we add big slots as well, you can see that this is one of the most important and the most spectacular, positive effects.
Online casinos also offer new jobs. For instance, a gambler must use payment, customer support, software developers such as Microgaming and so much more. All of these and so much more are controlled and possible thanks to countless people behind the screens. If we add live dealers as well, we can see a huge market for new employees that have been growing for a long period of time.
There are a few more things we would like to mention. Online gambling is more about having fun and enjoying than a huge win. The next thing to know is that this industry has been on the increase for decades and it is expected to reach stunning levels in the future years. Believe it or not, this is one of the fastest-growing industries in the world and it affects all countries and all continents. It is fun, offers countless perks, and is beneficial for the economy. Thats why we were able to see various laws that legalized online gambling in specific countries.
Negative Effects
Nothing is perfect so we can see some negative effects in this case scenario. The biggest one is gambling addiction. It can be developed when using minimum deposit sites, sports betting, or anything else. If that happens, you can see that a person wont be able to work, he will need help and all of that costs money.
Honestly, this is the only issue that we can see and the only positive fact is that free help is present as well and it can be obtained in most countries. Sadly, not all of countries offer this perk.
Dont forget that you can lose money gambling which is a well-known fact. Always gamble with money you can afford to lose and focus your attention on having fun and enjoying, rather than actual winnings.
Gambling is one of the largest industries online and in the world and it has all kinds of effects on the working process, the economy and so much more. Playing at a mobile casino is very appealing and something that billions of people have been using for years. If done correctly, it is 100% safe and something that can help you make a significant profit and have a better life.
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SlotsForMoney.com Now Offering Their Casino Expertise in 16 Languages – PRNewswire
Posted: at 7:57 am
LAS VEGAS, May 25, 2021 /PRNewswire/ -- There are numerous sites that offer guides to the world of online gambling, and while one can find some info in particular languages, English still dominates this market. Translation services, especially high-quality ones that retain the quality of the original advice, require real effort and expense, and the norm is to offer services in English and let the users try to translate the content themselves.
Anyone who has ever used these web translation services will have experienced the lower quality involved, and when the players are looking to get the most out of their online casino experience, this is no time for faulty translation.Having these translations performed by the authoring site to ensure the meaning is carried over properly into other languages is a big advantage and even necessary given the players are staking their time and money gambling online and want to receive the proper guidance from the sites they rely on for this.
SlotsForMoney.com have been offering top-level casino advice since 2014, and have been a top choice among players ever since.They are particularly well known for the quality and depth of their advice, and having access to it in 16 different languages now makes their content accessible to many more casino players who have been excluded from accessing the upper echelon of online casino guidance up until recently.
"Our mission is to take online casino players by the hand and show them everything they need to know to maximize their online casino experiences, and this more extensive selection of languages we support allows us to guide many more people the right way," commented SlotsForMoney.com's Chief Editor Mike Brown."It's not even just about having this many languages, as our efforts above and beyond industry standards on this one issue exemplifies how committed we are to making our site the very best we can make it, and we are particularly happy that we are now able to serve people other sites neglect."
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SlotsForMoney.com is a leading online portal providing a wealth of advice to online casino players completely free of charge since 2014.Players may benefit from the high-level knowledge and in-depth content offered by SlotsForMoney.com to allow them to make the best choices and enhance their online gaming experience.
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How the online casino industry was changed by technology – TechRound
Posted: at 7:57 am
Technology has changed the landscape of many industries and the online casino industry is no different. Thanks to recent technological advancements, everything has become very convenient and easy for users around the world.
Not so long ago, smartphones were a rare thing but now almost everyone owns such types of phones. Having a smartphone is not only a sign of status, but it has also plenty of uses for people they can surf the internet, connect with people and enjoy entertaining videos, etc.
The online casino industry has tried to make the best use of this trend by producing games that are appropriate for mobile gaming. Since people carry around their phones everywhere they go, it is most convenient for them to play their favourite games on these gadgets. Not everyone can spare an ample amount of time to open their laptops and computers for having some fun gaming. However, with smartphones, even the most fleeting breaks could provide a good opportunity to play some exciting games.
Thanks to modern technology, there are a lot of different methods that people can now use to conduct their financial transactions. One of these ways that are becoming enormously popular is cashless payments employing third-party services for making transactions.
Online casinos have gone even a step further in this regard, with some of the sites even accepting crypto currencies and Bitcoin for payments. And to get players to use these payment options, they also give lucrative online casino offers to their customers.
Augmented reality and virtual reality are the technological advancements that are taking the whole world by storm. A lot of industries are embracing this technology and they are reaping the rewards. Now e-commerce & retail, fashion, real estate, education and tourism are all recognising the power of this technology.
Online casino gaming isnt behind the other industries, with the application of augmented reality and virtual reality also greatly benefiting them. Using this technology, players can now feel like they are playing in a real-world casino. It provides players with the ultimate gaming experience. With the AR/VR technology, the online casino industry has managed to create a more exciting format to attract new gamers.
Security is one of the biggest challenges in the modern world that is becoming increasingly more dependent on technology. Hacking incidents and data breaches have become more common, and so people want greater security when they are using the services of certain websites.
The good news for gaming enthusiasts is that there are certain authorities who regulate and ensure the security and safety of online casino sites. This way gamers can be certain that the details they share online will not be compromised and they can use the services of the sites without any worries.
Just like other industries are now using artificial intelligence, online casinos are also taking advantage of this technological advancement. One can find chatbots on the online platforms, helping players in understanding various processes and providing great customer service whenever users face problems. While the games also have AI incorporated and this technology comes into play when users play against the machines.
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Lean Dregs And TAM: Why Addressable US Sports Betting Market Shrank – Legal Sports Report
Posted: at 7:57 am
It has not been a great month for US sports betting operators.
The leading publicly listed companies have seen their market caps cut almost in half. And a key concern for investors is a shrinking total addressable market (TAM) in the country.
Heres a quick rundown of some negative news in recent weeks:
Those four states account for a third of the US population. All now look like tough perhaps impossible places to make money in the near-term.
BetMGM recently called for a long-term US sports betting TAM of $14 billion. DraftKings called for a mature market TAM of $22 billion.
Yet these projections do not come with specifics about which states will legalize. And it is hard to reach those numbers without the big four states.
Its becoming increasingly clear that the basis for many of the more optimistic TAMs is questionable, said Regulus PartnersanalystPaul Leyland in a recent note. New York and now Florida present far more problems than opportunities for the queue of US digital stakeholders.
It could get worse too. Deutsche Bank warned clients recently that other states might mimic the NY model if it proves to be good for the states tax take.
Similarly, Florida could be a template for California and other tribal states looking to legalize sports betting.
As gaming consultancy Eilers & Krejcik put it in a newsletter:
Past in US sports betting policy (e.g. the New Jersey model) is no longer prologue.
A shrinking TAM is not the only problem for operators. The recent legislative movements highlight another issue facing firms: everyone wants a slice of the pie.
New York wants its 50% cut, the Seminole Tribe wants a 40% cut, and the NFL is getting $120 million a year for its official league data rights. Then sportsbooks must pay market-access fees and fund giant advertising deals with networks like CBS and NBC.
Those costs help explain why regulated sportsbooks are not laying $20,000 a pop on golf matchups like their offshore counterparts.
The market is going to be huge but there are so many people looking for a slice of the same pie, said Gavin Kelleher, a gaming analyst at stockbroker Goodbody. If we look at the market over the next 10 years, I question the sustainability of being in one or a handful of states. Its so hard to compete without pan-national scale.
The importance of scale is not new. But it is only becoming more important as costs rise and opportunities shrink.
For example; a well-capitalized giant can afford to bid 50% of GGR for a license in New York and lose money for five years. But many cant afford to subsidize the future like that.
Similarly with market-access fees: every casino in Michigan (for example) wants to work with FanDuel or DraftKings, and is willing to take a smaller cut of revenue to do so.
It is the same with marketing. DraftKings has said previously it is three times more cost-efficient to advertise nationally than locally. As a result, smaller firms are finding it hard to cut through the marketing firewall put up by the big operators.
This is the case even in theoretically wide-open markets.
Colorado sports betting, for instance, recently reached 20 operators. But only the usual suspects are making an impact.
Eilers noted:
According to our proprietary tracking, the Colorado market remains top-heavy as none of the smaller brands have been able to capture meaningful share.
Over in Michigan, the top four firms had an 84%share of handle in April. The remaining eight operators split 16% among them.
So what next?
Consolidation is perhaps inevitable, especially as share prices dip and it is no longer so easy to raise free capital.
The current environment might favor the US casino chains like Caesars, Penn, MGM and Ballys, who all see cash flow from their retail properties.
There is also not much help coming from online casino.
Returning to those operator TAM estimates, BetMGM called for $13.4 billion in annual iGaming revenue at maturity. DraftKings called for $40 billion from iGaming when including Canada.
Those projections, as much as anything, helped drive massive valuations for US operators. But the iGaming momentum has not materialized as many envisaged during COVID.
Other than Michigan, no state has legalized iCasino in the aftermath of the pandemic, said Deutsche analyst Carlo Santaralli in a note this week. And Michigan was approved for iCasino prior to the pandemic.
Santarellis research found that the brick-and-mortar casinos in Pennsylvania and New Jersey have been slower to rebound than other regions.
A regional subset of casino properties tallied by Deutsche grew GGR by 19% in April 2021, compared to 2019. But properties in NJ and PA actually declined.
To Santarelli, that suggested some cannibalization from online gaming.
After all, PA online casino has been generating $65 million per month over the last 13 months. That is a huge amount of money to be entirely new gambling spend, though the pandemics limiting effect on the overall economy cannot be dismissed.
As such, we think the rollout of iCasino is likely to be a lot more challenging than most expect, Santarelli wrote. We think there is some merit to cannibalization of traditional casino operations, which would thereby lessen the desire of certain casino operators to push for legalization.
Subsequently, Deutsche called for a 2027 iCasino TAM of $4.9 billion, including $3.3 billion from currently legalized states. Thats a far cry from the operator-generated projections.
To sum up then: the online betting and gaming pie now looks smaller than many hoped. And it is being divided into many pieces beyond operators themselves.
Small wonder, then, that valuations are coming down across the board.
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The Importance of Cybersecurity in the Online Gambling Industry – Analytics Insight
Posted: at 7:57 am
Its no secret that the global online gambling market has grown exponentially over the past several years. Experts predict that it will be worth a mind-boggling $92 billion by 2023. Thats a lot of money and information floating around cyberspace. However, that wouldnt be the case if people didnt trust the security measures that online gambling sites have in place. The best cybersecurity companies arein a perpetual battle to stay ahead of possible threats.
Its important to understand that online casinos are made up of several components. In addition to the games themselves, operators maintain databases that contain a wealth of private and financial information. They have payment systems, apps, and other parts like registration forms that hackers can target. Every one of these mechanisms must be safeguarded.
Malicious hackers are a constant threat to online businesses as they look for the smallest of loopholes and vulnerabilities to take advantage of. One of the latest trends in cybercrime is the DDoS attack. These, like ransomware attacks, can be particularly devastating to an online gambling site. In addition to inflicting enormous financial harm on an operator and its customers, such an attack can do irreparable damage to an entire brand. Its easy to understand how customers who have had their accounts pillaged and their personal and financial detail compromised would no longer have faith in that online casino. In fact, their confidence in the online gambling industry as a whole may be shaken too.
Another major concern for online casinos is the integrity of the games they offer. Players want to be certain that the games they play are fair. If those games are susceptible to exploitation and manipulation, the operator stands to suffer heavy losses in terms of money, reputation, and player trust. Every conceivable vulnerability at an online casino needs to be taken care of before it is exposed. The Metap online casino guide focuses a lot of attention on a sites safety and security. They put a lot of stock in seeing certifications from entities like eCOGRA, TST, and iTech Labs. This type of documentation proves that the games are fair and cant be tampered with by the operator or the players.
Online gambling sites must keep several steps ahead of the security breaches. This is a monumental challenge as new technology is constantly shifting the landscape. The online gambling industry has to be proactive and use all of the tools at its disposal to avoid such things as:
These days, SSL encryption is an industry-standard. This technology scrambles communications between the user and the site. Even if a neer-do-well was to somehow intercept this information, all they will get is a string of incomprehensible and unusable letters, digits, symbols, and other gobbledygook. Still, even this security technology is doomed to become obsolete someday. The key is finding a more effective technology and implementing it before the old one becomes ineffective.
Most gambling jurisdictions make sure that the online gambling sites they issue licenses use the most modern security technology. A site that gets hackedis sure to face a lot of scrutiny and can even have its license revoked. With the amount of money invested in such a profitable venture, its in an operators best interests to maintain the highest levels of security.
Online casinos have a huge responsibility, but there is also an onus on those who play at them. They need to protect their personal details and other information such as passwords, account numbers, and credit card information. They must understand that even though they are dealing with a highly secure operator, their information can be easily compromised if they arent using a secure internet signal. Open Wi-Fi networks such as those found in coffee shops and other businesses give cybercriminals plenty of opportunities.
It all comes down to the industry, regulators, operators, and the end-user doing their due diligence because every stakeholder stands to lose a lot. They all need to do everything they can to prevent security breaches. Moreover, they need to know how to react if one occurs. Even though online casinos and other internet businesses may implement the tightest security, they arent completely immune to cybercriminals. And they probably never will be.
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The psychology of the player in online gaming – BusinessMole
Posted: at 7:57 am
Casino not registered with gamstop the scourge of modernity, or really real money? In order not to be addicted to the casino, you need to know the psychology of the player. Brightly glittering signs invite you to go and relax, run away from everyday life and play with fate for luck And then turns on a gamble to find lucky combinations, numbers and signs to win this unequal battle.
Its only a mirage
In one study in Boston, it was found that most of the gamblers do not even know the patterns of roulette, card games, as well as slot machines. But that didnt stop them from making up their own necessarily putting their lucky ring on a certain finger, taking a particular seat at the table, and the like. Later, during the treatment of gambling addiction, doctors talked about gambling principles and laws, which turned out to be an absolute revelation to patients.
The gambling space becomes a kind of arena of psychological battle. Gambler fascinate very easy and how to manipulate his mind every casino owner knows. Below are described the most common of the ways:
Hours
Or rather, their complete absence in the hall and the dealers. After all, the casino is well aware that when a person is passionate about something the time flies by him unnoticed. So they do not prevent visitors to rush into the maelstrom. None of the casinos will ask the player to take a break from the game or go to sleep.
The windows
Will only distract the player, which is not at all to the advantage of the owners. Day and night should cease to exist for him.
Sound Effects
Well who will not melt from the cheerful melodies, from the sound of falling coins, the winning trills of the machines? This immediately adjusts visitors on the right way, motivates them to go as soon as possible to meet their luck. Imaginary, of course. Almost 80% of players leave with a loss.
Light
Soft subdued light will wrap visitors and make them relax, and the correct color of the walls and patterns on the carpets will have no less effect on the subconscious.
The probability of winning
Few gamblers know that the machines in uk online casinos, as well as ordinary gambling establishments, specially tuned so that the feeling of a close win does not leave a person for a moment. Playing it seems that the control of the game exactly for the player, but it is only a subconscious game.
You will definitely come back again
The casino skillfully keeps visitors coming back again and again with free lunch coupons, shows, prize drawings, and discounted services. Of course, the date will be different to get players to come again and get caught up in the netting.
Liquor
Another ingenious gambling arena trick is free drinks. They relax the visitor and keep the mood at the right level. Playing becomes more fun, and the attitude toward money becomes dismissive and easy.
Royal attitude
If he wins, the whole world and the entire staff begins to revolve around the lucky person. He is immediately offered a hotel room. The best, of course. Free of course Anything to keep the customer from leaving with the full amount of his winnings and visit the casino again.
Leaving the casino
In the casino every detail is thought out to keep visitors as long as possible: the layout of the rooms is very confusing, the machines are arranged so that they will constantly catch your eye, specifically marked signs are also not so easy to find.
In the pursuit of profit, the casino stops at nothing. Its like an unpalatable candy wrapped in a colorful pretty wrapper. That is a visual deception, dust in the eyes. All the details are calculated so that the man ceases to belong to himself, and gradually loses his sanity takes out of the house valuables to make another bet, begins to drink, in the case of loss, falls into depression and goes on long binges. His family suffers with him.
General Aspects
The psychology of the player in an online casino seems simple, there are ulterior motives. People begin to play not for the money. Those prone to gambling addiction pursue other goals:
Summary
The psychology of gambling involves several components:
First of all, there are strong emotions that can rarely be experienced in everyday life. Gambling is a great remedy for boredom and moping.
The second component is competition. With the croupier, other players, the theory of probability, with yourself, finally. Its all about proving to yourself and to the world: Im the best.
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Online Gambling During the Pandemic How the Industry Got Affected – Euro Weekly News
Posted: at 7:57 am
The COVID-19 pandemic has taken its toll on almost all industries, with gambling being one of many sectors that experienced its full wrath. Government-issued stay-at-home measures first led to the closure of gambling venues, then restricted such spots to operate at lowered capacities, only to have them close down againin December. During a period where playing games of chance at physical establishments was a forbidden pastime, many betting enthusiasts turned to the digital sphere, where they started exploring UKGC-regulated casinos and sites not on GamStop.
Thus, according to new projections provided by Pune-based research firm Fortune Business Insights, the global online gambling market is now on track to hit $158 billion by 2028, growing at an annual compound rate of 11.4%. What follows below is an in-depth look at how the ongoing global pandemic impacted the digital gaming sector and accelerated its growth.
The Closure of Land-Based Venues Led to Strong Online Numbers
In March of 2020, casinos worldwide began closing due to health scares stemming from the novel COVID-19 virus. In the UK, all non-essential businesses had to shut down in March, gambling locales included. In June of last year, UKs Betting and Gaming Council announced that brick-and-mortar casinos in the country could reopen starting from the 4thof July if they would obey strict sanitation and social distancing protocols. However, in December of last year, they had to shutter again because of new lockdown restrictions following a spike in infections.
During physical venues downtime in early 2020, data supplied by UK operators showed a Gross Gambling Yield increase of 115% for online betting, which rose to 217.5m between May and June of that year. Per a University of Bristol study published in the Journal of Gambling Studies, in May of 2021, online gambling soared during the first lockdown, particularly among regular gamblers. Those already actively betting on the internet engaged in this activity up to six times more than before the pandemic hit, and those that occasionally dabbled in online gambling found themselves doing so twice as more than before everyone when into lockdown.
Sports Betting Suffered Due to Postponed/Canceled Leagues
Sports betting was one of the most sizeable losers of 2020. In March of last year, almost all sports leagues around the globe got postponed due to the health risks associated with the gathering of large groups of people. In Europe, the Belarus top ice hockey and football leagues were the exceptions, as not only events in these competitions went on as planned, but they also got played in front of live audiences. They were the single betting options at digital sportsbooks in mid-2020.
That said, once the first lockdown ended, horse racing was one sport that could quickly and easily adapt to the new mandatory measures. It became one of the first sports confirmed to resume in 2020, beginning with a closed-doors event held at Newcastle Racecourse on June 1st. Naturally, horse racing had to implement a slew of changes to ensure strict adherence to social distancing measures. However, its availability when gambling options were scarce led to increased interest in it that spilled over to 2021. In April of 2021, with betting shops closed, the Grand National race set the UK online sports betting record, with over 100 million wagered on this event.
Virtual sports betting was also one of the benefactors of the current global crisis. It is the practice of wagering on digital sporting events or sports simulations. Once everyone got locked indoors with no real matches on TV, virtual sports gambling increased by 40%, according to the UKGC. It was still going strong as the year came to a close, posting a 9% spike in interest in November 2020.
Slot Gameplay & Poker Rose During Government-Issued Lockdowns
Online slots are the breadwinners of the internet gambling industry, producing as much as 70% of its revenues. The first digital real money reel-spinner went live along with the debut platform InterCasino in 1996. Since then, this gambling genre has dominated the interactive gaming space. At the start of the pandemic, the number of slot players was significantly higher than a year earlier, rising by 25%. However, after this surge last March, the number of active players slowly decreased throughout the year. That changed in November of 2020 when this figure hit a year high of 2.8 million. Even though the number of players varied throughout 2020, the number of total bets saw a steady climb. That is not factoring in bets made at casinos not on GamStop, the UKGCs mandatory self-exclusion scheme.
Online poker experienced a renaissance during the lockdown. Google searches for terms like best poker hand (up 282%) jumped dramatically in early-2020. Furthermore, Flutter Entertainment reported that its online poker brand PokerStars, grew by 23% last year.
UK Players Sought Alternatives Such as Casinos Not on GamStop
Due to the expanding interest in online gambling, UK operators got ordered by the UKGC to slow down online slot gameplay. The move stemmed from a 2020 YouGov survey that showed a rise in problem gamblers in Brittan. Thus, the UKGC made spin-timers at online casinos mandatory and eliminated the use of auto-play functions. According to non-gamstop-casinos.com, those measures have made slot gameplay unfavorable for many players who turned to reputable casinos not on GamStop.
A casino not on GamStop is a gaming platform with a license from an international regulator and not the UKs Gambling Commission. Other than that, it is more or less identical to most UK gambling sites. GamStop is the UKGC obligatory self-exclusion program that every UKGC-licensed operator must feature. Activating this option at one UK site makes it impossible for a player to continue his gaming journey at any other online casino with a UKGC license until the duration of his/her self-exclusion period expires. Slots not registered with GamStop allow auto-play and have higher max bet limits.
Final Thought
There is no doubt that the current global pandemic served as a catalyzer for the shift from offline to online gambling. Naturally, once land-based venues make a comeback with no safety restrictions in place, the digital sector will face a slight decline. Nevertheless, habits attained during the lockdowns should last well past the pandemic, fueling the rise of digital internet platforms as they try to overthrow their physical counterparts in the battle for gambling supremacy.
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Partypoker’s Parent Company Entain Secures Three-Year Interactive Gaming License Extension in Nevada – Pokerfuse
Posted: at 7:56 am
Entain, the parent company of partypoker and a joint owner of BetMGM, has received a three-year interactive gaming license extension in Nevada.
The Nevada Gaming Commission (NGC), the body responsible for administering regulations and granting gaming licenses, unanimously approved the British sports betting giant on May 20, allowing them to operate in the Silver State as an Interactive Gaming Service Provider under the application name BWIN.PARTY (USA).
In Nevada, Interactive Gaming refers to online betting and gaming, which is currently limited to internet poker.
In 2019, the company, then named GVC Holdings, received the same approval for a provisional two-year license. However, it opted not to launch online poker in the state during this timepresumably due to the market size and the complications with the Wire Act putting a halt to cross-state shared liquidity.
That license was slated to expire this month. Entain applied for a permanent extension of its interactive gaming license but had to settle for another provisional license following the recommendation of the Gaming Control Board (GCB) for three years.
BetMGM Poker is live in Michigan, Pennsylvania and New Jersey!
Last time, the company, under its previous management, took some heat from the regulatory board for its links to unlicensed gaming activities in various countries, particularly Turkey. This time, the NGC was impressed with the changes that the company had carried out since their hearing two years ago.
One of the board members stated that they have done a remarkable job changing the face of the leadership.
Indeed, in the past few months, the company has carried out various initiatives to improve its white-market credentials: It changed its name to Entain plc, launched various responsible gambling measures, and announced a plan to operate only in jurisdictions that are 100% regulated by 2023.
It also said goodbye to long-standing CEO Kenny Alexander.
However, despite all its efforts, the board stuck with the three-year limitation as recommended by GCB instead of granting them a permanent license.
The license extension gives Entain another three years in the market. Whether the company goes live with its online poker offering in the Silver State durign this period remains to be seen.
However, given the preparations it made for the recent hearing, it seems almost certain it plans to make good use of its interactive gaming license extension and go live.
But the question is, when?
Nevada is among the three states to join the Multi-State Internet Gaming Agreement (MSIGA) allowing operators in these states to merge their player pools with players in other states that have joined the pact.
WSOP.com is the only network to take advantage of this pact combining their Nevada player pool with New Jersey and Delaware through the 888 brand. PokerStars is not allowed to operate in Nevada and hence it cannot share its player pool with its existing New Jersey network.
WSOP.com USA: The worlds most recognizable poker brand is legal and regulated inNevada and New Jersey!
Meanwhile, partypoker has been operating in New Jersey for almost a decade sharing its player pool with BetMGM Poker NJ and Borgata Online NJ skins under the partypoker US Network umbrella. Unlike PokerStars, it has the opportunity to offer online poker in the Silver Statebut, to date, it has chosen not to.
However, things are changing that will certainly make the US online poker market more attractive. This year, the market got off to an auspicious start, with new market launches to a favorable ruling regarding the Wire Act, and there more positive developments expected to take place this year.
The Wire Act case, which almost put an end to the shared liquidity project in the US after the DOJ reinterpreted the statute to apply to interstate poker, is likely to be put to bed by mid-June. It would give other operators, like BetMGM, the confidence to launch in Nevada and connect it with its existing operation in New Jersey.
It should also give confidence to states that have legalized online poker to join the multistate agreement. Michigan is already in talks with other states; Pennsylvania is thought to be in a similar position. This would expand from a three-state marketwhere two are very small and restrictiveto four- or five-state cross-border liquidity pool with multiple large states open for online poker and casino.
The more states combine their pool, the more attractive the market becomes and the more revenues the state generateswhich will then persuade other states lawmakers to legalize online gaming, including online poker. Smaller stakes like Nevada, Delaware and West Virginia, which would otherwise fail to survive as a standalone market, would benefit thanks to the games being shared with big states.
Another factor that could convince Entain to prioritize its iGaming launch in Nevada is the opportunity for online casino games. The NGC is considering amending its interactive gaming regulations to open up online gambling beyond poker and move forward with online casino games. These generate much higher revenues than peer-to-peer games.
All these factors are likely to incentivize Entain to go live in Nevada, perhaps by the end of this year.
Pokerfuse reached out to BetMGM (previously Roar Digital, a joint venture between MGM Resorts International and Entain) about their plans to launch online poker in Nevada, but the company remained tight-lipped and chose not to comment.
BetMGM recently expanded its poker operations in the US by going live in two states within the space of two months. BetMGM MI went live in March and BetMGM PA a month later, alongside sibling Borgata PA. It ended the de-facto monopoly of PokerStars in both the markets.
A launch in Nevada would allow them to combine their player pools with its existing partypoker New Jersey player pool and become only the second operator in the country after WSOP to do so.
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Greentube cements footprint in Switzerland after going live with Casino Du Lac Genve brand pasino.ch – iGaming Business
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Greentube, the NOVOMATIC Interactive division, has strengthened its collaboration with Casino Du Lac Genve in Switzerland after taking its content live with the operators online brand pasino.ch.
Greentubes content has been available to Casino Du Lac Genves land-based customers for years, and the operators online players can now enjoy the popular games on pasino.ch. The deal further strengthens Greentubes position as a leading games supplier in the fast-growing Swiss online casino market.
Greentubes top-performing titles including Book of Ra deluxe, Lucky Ladys Charm deluxe, Super Cherry 5000 and Sizzling Hot deluxe are now available to local players following a successful integration. More popular games from the Greentube Collections, a unique portfolio which encompasses all the suppliers games series, will be launched throughout the year.
Since entering the Swiss online market in August 2019, Greentube has partnered with all major casino operators in the region and quickly established itself as a leading games supplier with content that is hugely popular with local players.
Casino Du Lac Genve is the Swiss arm of Groupe Partouche, one of the largest and historical casino groups in Europe operating 42 land-based venues. Its online brand pasino.ch was launched in November 2020.
Michael Bauer, CFO/CGO of Greentube, said: Casino Du Lac in Genve is one of the most prestigious and well-known land-based casinos in Switzerland. We are more than pleased to further strengthen our position in the market with this partnership. Our very well-balanced and localised portfolio of games has proven to be the clear favourite among Swiss players and this deal will help pasino.ch strengthen its online presence further.
Arieh Ghnassia, CEO at pasino.ch said: Our moto at Pasino is How We Work Together, How We Win Together. Working with Greentube is mandatory for us in order to deliver high standard of quality services and the best player experience to our players. With a proven track record in Switzerland and a diverse game offering, Greentubes portfolio is perfectly suited to our players needs. We have numerous projects in the pipeline and Greentubes collaboration will help us to take pasino.ch to the next level.
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Knicks’ Derrick Rose and Tom Thibodeau have remade themselves on the fly – Yahoo Sports
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Derrick Rose clapped his hands, almost rhythmically, as the Madison Square Garden faithful stood in approval, roaring and exhaling at once, finally able to bathe in their basketball cathedral.
As long as its been for the New York Knicks, its almost seemed like a longer wait for Rose to return to this stage and to have a moment that he can appreciate after so many winds, so many turns and so many questions.
The Knicks tying their first-round playoff series with the Atlanta Hawks was spurred on by Rose and Taj Gibson starting the second half, with Knicks coach Tom Thibodeau leaning on his old horses to get his team through more quarters of playoff nerves. You might as well call them the KnickerBulls.
Im fortunate, very fortunate, Rose said.
Those words didnt come in the aftermath of this 26-point performance, but to ESPNs Lisa Salters in the aftermath of the last time he sent an arena into delirium Game 3 of the 2015 playoffs when he gave his hometown Chicago Bulls a 2-1 lead of LeBron James Cleveland Cavaliers with a banked triple that looked like a missile, on a mission to deliver one final playoff moment.
He showed more emotion with his handclap than he did on that Friday night in May, jumping into the arms of teammates with a nonplussed reaction, moments after Thibodeau clenched his fist in satisfaction.
Rose is older now, no longer the 26-year-old trying to negotiate his excellence against gravity and science, but the 32-year-old counted on for so much more than just a veteran presence to help steer a young group through its first playoff experience.
I'm very fortunate to be in this position. Not only am I in the league, I'm on a great team, Rose said.
That was in the aftermath of saving his teams season Wednesday night, which could pale in comparison to reviving his career after all the knee surgeries and doubts about his ability to adapt and willingness to persevere.
But still grateful.
Helping keep Julius Randles head in it after a subpar six quarters and keeping his even-keel composure in the face of Atlanta possibly taking a 2-0 lead seemed like childs play. Starting point guard Elfrid Payton was struggling, getting pulled sooner and sooner by Thibodeau in the first and third quarters, so the change seemed inevitable.
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We just felt we were flat and we needed a jolt of energy. So we wanted to change it up, Thibodeau said. And we got going. And it started with the defense.
Derrick Rose scored 26 points off the bench for the New York Knicks on Wednesday night. (Elsa/Getty Images)
Thibodeaus head coaching career can largely be defined by two terms: Defense and Derrick Rose, and hes not delusional about either. Hes been among Roses biggest advocates during his brightest and bleakest hours, and also knows his own strengths sit in his teams playing harder than you, longer than you, largely on the back of defense.
But letting Rose be the best version of himself relies on Thibodeau giving Rose the freedom to make decisions, to trust his eyes and his voice in critical moments, whether hes an MVP or sixth-man candidate.
Both he and Taj have been in a number of playoff games so I think they understand that we have some guys that haven't been in playoff games, Thibodeau said. There's only one way to get experience in that you got to get it.
As exhilarating as Madison Square Garden can be, it can also be intimidating even as a home team. All those years of disappointments, not being able to participate in a pretty fruitful era of basketball can make the air thick for the players wearing Knicks across their chest. Cheap chants at Trae Young are comical compared to the massive expectations placed on Julius Randle, winner of the 2020-21 Most Improved Player award.
He had only two points at the half and didnt look comfortable. If Rose hadnt come in to energize things, if Gibson hadnt added his brand of toughness, the Knicks could be in a 2-0 hole.
But the disparate group found its way, turning the game on its head in the third quarter, and giving a thirsty crowd hope for its first playoff win since 2013. The comeback was familiar, and finding a way with unlikely sources was the usual story to the Knicks climbing to fourth in the East.
Reggie Bullock gave Young some issues defensively, and even though he still managed to score a game-high 30 points with seven assists, he didnt have the control that he exerted in Game 1. It was just enough to pull away, even though the Hawks got the split they truly came to New York for.
Rose played 39 minutes, his highest output since a 40-minute outing in October 2018, when he scored a career-high 50 points against the Utah Jazz as a member of the Minnesota Timberwolves.
His coach that day? Tom Thibodeau.
Roses career had already taken so many turns by that point, and every season he returns for more almost feels like gravy.
My appreciation is on an all-time high, Rose said. Its a lot of guys my age that still feel like they can hoop. Its a lot of guys younger than me thats out the league and they want another opportunity.
Rose put out an Instagram post recently, disputing the notion of being vintage considering how his game has changed. No longer an innocent high flyer, hes got wounds and scars, both seen and unseen, yet hes persevered to this point.
Gibson, though, bristled at Roses apparent humility and acceptance of no longer being able to hang with the elite.
Yall be letting him gas you, he joked, an indication Roses success isnt a surprise because of his quiet confidence.
In 2011, Rose and Thibodeau were the inexperienced ones, MVP and Coach of the Year, eliminated by the dynastic Miami Heat on this very day 10 years ago. In 2015, they were fighting against the tide Thibodeaus battle with Bulls management, Roses battle with his body gamely giving James his toughest battle in the East playoffs and coming within a bounce or two of making an improbable run.
Now, as Thibodeau turns to Rose yet again, for more minutes than usual, more effort, more production, theyve remade themselves on the fly, gearing up for one more run and maybe more to come.
God doesn't make any mistakes man, follow your path, Gibson said. You just got to believe in yourself. And truly believe, because this is some magical stuff right now.
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