Spain Online Poker Revenues Spike Under New Shared EU Liquidity Agreement

The Spanish online poker market is red hot in the early months of 2018, and a big reason why is the poker online new and growing player pool it shares with other EU countries.

Profits from online poker in Spain saw a significant increase in the early months of 2018. PokerUpdate

First quarter financials released earlier in the week from Spanish regulator Dirección General de Ordenación del Juego DGOJ revealed that total revenues for online gaming in Spain hit €163.3 million $190.5 million, a robust 28 percent jump over this time last year.

Sports betting made up the biggest piece of the profits, generating €81.7 million $95.3 million in revenue. That accounts for about half of all gains from the country’s online gaming sector and represents a 15.9 percent year-over-year increase.

But that impressive growth paled in comparison to gains seen for online poker. poker online Spanish poker revenues totaled €21.5 million $25 million, with cash games action up about 30 percent to €8.4 million $9.8 million. Tournament revenue climbed by an even more whopping 50.2 percent, to €13 million $15.2 million.

Meanwhile, total expenditures on cash games and tournaments were also up 19 percent and 40.4 percent, respectively.

Compare that to figures from the last quarter of 2017 that showed online poker revenues in Spain growing by just 5 percent year-over-year.

Shared Liquidity Benefits

Spain appears to be the latest benefactor of a new shared liquidity agreement among four EU countries. In January, France, Spain, Italy and Portugal entered into an agreement that would see them tear down the virtual border walls and share their poker player pools.

France and Spain were the first to join forces, and the French industry saw an immediate improvement, with gross gaming revenue GGR growing by 8 percent in Q1 of this year.

Next to join was Portugal, poker online which jumped into the shared player pool earlier this month, pushing poker profits even higher. According to data from GameIntelm, cash game traffic on the European network was boosted by 27 percent in the first week following the addition of Portugal.

There’s no word on when Italy may join EU poker party.

More Competition to Come?

All of this is great for international poker sites such as PokerStars, as their EU network is now the third-biggest in the world. However, there is no guarantee that the company will have the shared market to itself forever.

French online operator Winimax has already been granted the relevant license from that country’s gaming regulator. Assuming it gets the same approval from Spain’s DGOJ in the near future, poker online Winimax is widely expected to launch online poker in those two countries later this year. It’s less clear at this point whether or not Portugal’s regulator will grant am online gaming license to any operator other than PokerStars.

Partypoker plans to get in on the action, too, once it gets its regulatory ducks in a row. However, no word yet from 888poker on whether it has ambitions on jumping into this four-country pool any time soon.

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May 30, 2017

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Online casinos ‘failing on problem gambling’

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Online casino operators are failing poker domino to protect problem gamblers or prevent money laundering, the Gambling Commission has warned.

It has written to all 195 UK operators and warned them to review procedures.

Many were unable to spot signs of financial crime and compulsive gambling, it said.

It is investigating 17 companies, with five under licence review. If a company loses its licence, it would no longer be able to operate in the UK.

None of the operators under investigation has been named by the regulator.

A third of all gambling in the UK now takes place online, poker domino and the industry is worth billions of pounds.

But the commission is concerned that customers whose gambling is becoming compulsive are not being followed up.

It reviewed a large number of customer accounts and found “potential signs of problem gambling based on consumers’ gambling pattern and spend”, it said.

“In many cases, however, this behaviour did not trigger a customer interaction.”

David Bradford’s family only discovered his secret gambling addiction when he was jailed for a £50,000 fraud.

The accountant received an eight-month sentence in 2014 and his stunned family discovered the secret gambler was almost £500,000 in debt.

He had also taken out payday loans and remortgaged the family home in Sheffield.

Mr Bradford, now 61, said that rather than helping gamblers who were trying to stop, casinos sent “lots of offers to get back on the bandwagon”.

He added: “They only really answer to their shareholders … there is a need for a duty of care.”

His son Adam Bradford said gambling should be treated as a mental illness.

The 25-year-old added: “I hope this measure is not simply a threat and if companies do lose their licences for breaches of the code, poker domino then it is a step in the right direction.”

The commission also said that some staff had little idea of how to spot money laundering – or, in some cases, even what it was.

All companies should ensure staff are trained in the law, and they should all carry out risk assessments – such as monitoring and risk profiling of customers – it said.

The commission’s chief executive Sarah Harrison said the organisation was taking action to make the market “fairer and safer”.

She added: “It is vital that the gambling industry takes its duty to protect consumers and keep crime out of.

You can register right now and you’ll get a free token to try these games. poker domino But their real purpose is to show developers, Tarutov says, “that it is possible to implement serverless and fast PRNG methods on . It shows that there’s hope and direction. We’re confident that we can implement one more method before the end of this year which is suitable for multiplayer games. But this is just a start.”

A Guide to UK’s Online Casino Scene

Online gambling is definitely part of the UK’s mainstream, with British gamers wagering almost £3 billion on slots and casino games every year.

But there are still millions of new customers who are new to the scene, and dipping your toes into poker indonesia the water of online gambling can be a daunting experience. So what are the top tips for newbies when they first sign up for an online casino?

Stick to the UK’s Leading Online Casinos?

Most importantly, gamers should steer clear of dodgy operators and stick to the UK’s best-run, most reliable online casino sites. There are a handful, both new and old sites, to choose from.

Let’s have a look at a few sites, casinos and guides, that can help you when you’re up for some slots or table game action.

Monster Casino

A casino launched in 2016 that have been increasing in popularity over the last year. poker indonesia Offers generous free spins and cash matched bonuses for new sign-ups and a nice mix of table games and slots. An old-school and simple design.

AspersStarted off as a land-based casino who now have created a popular online casino with a wide range of exciting machines and age-old favourites like blackjack and poker.

Ukcasinoguidem

A casino site crammed with information about most thing related to online and local gambling. Games, bonuses, banking etc. Every casino will offer some kind of incentive for new members, but the terms differ from site to site, and this is a place where you can turn to read about that.

Dreamz

Another good casino site for UK players that will be of the best of help when you’re up for some casino action. At Dreamz website you get a chance to get to know the true essence of online casino. Read game reviews, play slots for free and learn all you need to know about the UK’s casino scene.

Let’s move on to strategies, bonuses and game information – what to keep in mind before signing up!Shop Around for the Best Online Casino Bonus Deals

When you’ve shortlisted the kind of casinos you’d like to join, it makes sense to compare their bonus deals. poker indonesia Be on the lookout for as many free spins as possible, and no deposit bonuses as well. Some bonuses restrict payouts until you’ve spend a certain amount, but if you keep your eyes open, you can find the most generous deals.

Start Slow and Build Your ConfidenceWhatever games you choose to play, it’s generally a good idea to ease yourself into online casinos. Don’t start wagering £50 a spin on the riskiest slots or betting high on blackjack hands. Sure, you might get lucky, poker indonesia but it pays to gradually increase your stakes. That way you can gain experience, learn how to budget effectively, get a feel for which machines pay out consistently, and start to strategise like a pro.

Illegal online casino busted, 6 held

Six men have been arrested for poker domino allegedly running an illegal online casino in east Delhi’s Shakarpur for the past three to four months, the police said on Sunday.

The police were on May 5 informed about the illegal gaming house at a shop in Krishna Kunj in Laxmi Nagar.

Betting software

They said the accused ran the illegal gaming house as a cyber cafe, which boasted PlayStations and desktop computers used to operate the betting racket.

The accused have been identified as Amit Kashyap, Rohit Sharma, Sunny Chhabra, Sachin Kumar, Rishi Kesh and Pankaj Mishra.

The accused had installed a betting software in the PlayStations, which were connected to the desktop computers poker domino through which the gambling racket was run. Deputy Commissioner of Police East Pankaj Singh said the raiding team found 15 PlayStations and desktop computers, which were used to play online bidding games.

Customers had to bid a minimum of ₹1,000 on the online game.

“Lucky customers were promised ₹36,000,” said Singh.

The senior officer added that the organiser had been arrested in past as well for running a similar gaming house.

Set into the dramatic Adriatic coastline on the 10th story of a luxury hotel, it boasts hard-to-beat views that easily make you feel like you stepped straight out of a spy movie. And you guessed it! 007 did take a trip here in the 2006 film named after the casino itself. Shaken not stirred is indeed on the agenda with a stunning restaurant and bar serving up fine national and international cuisine should you fancy some downtime. Just like its fancy exterior, to get past the gatekeepers you need to dress to impress. And you will need to register, so bring some ID along too.

It has a broad selection of live table games available, poker domino including Russian Poker, Ultimate Texas Hold’em Poker, Caribbean Poker, and Blackjack, until 4am on weekdays and 6am on weekends. There’s also a great selection of slot machines and roulette, plus the chance to arrange international tournaments or private games depending on who else you’re rubbing shoulders with.

Sochi Casino and Resort – Russia casino-review

There are only four regions in Russia’s expansive land where gambling is legal, and amongst them, is Krasnodar. Here you’ll find Winter Olympics 2014 host, Sochi, which boasts the country’s most popular casino, Sochi Casino and Resort. Opened just last year it’s still pretty new but with plans to open more casinos in the city soon, poker domino it must be proving quite the hit. This area is easily accessible for Europeans and it’s putting Sochi on the European gambling map.

The casino has a 2,000 person capacity and offers 569 brand new slot machines, and 70 gaming tables with seven games to choose from. Try your luck at Russian Poker, Texas Hold’em, and Roulette. They also offer pretty slick deals on tours to make sure you experience the best of Russia’s gambling offerings.

Alternative Casinos From Around the World

Gambling is thrilling. It’s not for the faint-hearted it’s for those who seek adventure. daftar poker With the boom in online casinos this last decade or so, it’s easy to get that in the comfort of your own home. But if you want to taste the tension of the high stakes and fast decisions then you’ll be heading to a land casino.

So we wanted to give you a list of casinos you should check out. We all know Las Vegas. It’s like that hot best-friend that everyone wants to talk to. With all its renown already established, we wanted to give you a taste of alternative, cool casinos from around the globe.

We take you all over the world, so have a look and get your next holiday planned!

Casino Baden-Baden – Germany baden-baden.de

Step back in time and take a wander over to Germany’s scenic Baden Württemberg region to Casino Baden-Baden. This casino, right in the heart of the Black Forest spa town, daftar poker has been described as Europe’s most lavish and palatial casino. Steeped in history you can’t help but soak up the glitz and glamour of days gone by once you step into this place.

You’ll feel like royalty as you take in your surroundings, so avoid any casual wear on this trip, you’ll need to look the part. Despite it seeming so reminiscent, it has taken steps to develop to modern needs, although sadly that means the end of silver and gold chips being used. Told you it was snazzy!

Players must be over 21 years with valid ID to have access to its multiple slots machines, and the table classics like Blackjack, Roulette, and Poker.

Crown Casino and Entertainment Complex – Melbourne, Australia linkedinm

This giant complex found in Melbourne’s daftar poker central business district is equivalent in size to two city blocks! It’s certainly the largest of its kind in the Southern Hemisphere and is a serious contender in the rest of the world too.

With four luxury hotels, over 40 restaurants to choose from, and numerous cafes and bars, all your needs are catered for. And the entertainment matches up – cinemas, Kingpin, and arcades. The casino itself keeps you wanting for nothing with its 350 poker tables and 540 table games. daftar poker Here you’ll find all your favorites – Blackjack, Roulette, Poker, Texas Hold’em, Baccarat, Craps, and Pai Gow.

It’s become the hub for major poker events in the Asia-Pacific region and also offers you the chance to play private tournaments with your friends.

BRIEF-Sportech Says Signs U.S Sports Betting Platform Agreement With Sportradar AG

May 31 Reuters – Sportech PLC:

* US SPORTS BETTING PLATFORM AGREEMENT

* SIGNED A COMMERCIAL SPORTS BETTING AGREEMENT WITH SPORTRADAR AG

* AGREEMENT WILL BE ENABLING GROUP TO OFFER A FIXED ODDS SPORTS BETTING BOOK IN EMERGING US SPORTS BETTING MARKETPLACE

* SPORTECH WILL BE ABLE TO OFFER SPORTRADAR’S TRADING AND RISK MANAGEMENT SERVICES IN ANTICITED ROLL-OUT OF LEGAL SPORTS BETTING IN US

* SPORTECH WILL ALSO DEPLOY SPORTRADAR’S TURNKEY SPORTS BETTING PLATFORM ACROSS ITS RETAIL BUSINESS IN CONNECTICUT WHEN LEGISLATION PERMITS Source text for Eikon: Further company coverage:

Nevertheless,

Nevertheless,

Nevertheless, poker domino the door has been opened. And any state that wishes to walk through will have to depend on its legislators to get it right. And that means a series of decisions on policy, logistics, and everything else related to sports betting will have to be made, mostly under very challenging circumstances.

The format

The first choice that legislators will have to make is: what format of sports betting will be allowed? Essentially the choice is between fixed odds and the pari-mutuel system, which is the standard for America’s thoroughbred racing. From the point of view player protection, i.e. preventing the gullible and impetuous members of the gambling public from betting themselves into the poor house, pari-mutuel betting has distinct advantages. Without going into great detail, the mechanics of pari-mutuel betting create a pool which prevents both giant killer jackpots, and giant killer losses. In a horse race, for instance, the more popular a given entry is, the shorter the odds. It is not unheard of for a hugely favored horse to go off at odds of 1:1 or even less. Betting under these conditions help to ensure that it is looked on as a past time rather than an investment program.

Another plus for pari-mutuel is that it has been around for generations. Everybody knows about it. There are plenty of experienced people to help organize and run such a gambling regime. Likewise there are no less than 30 state governments that can supply experienced supervisors and administrators for a state- approved sports betting program.

The biggest argument against using pari-mutuel systems is that Nevada, currently the only state with genuine sports betting apart from horses, uses a fixed odds model. Many of the big operators in Vegas will be looking to expand into other states. And these other states are liable to follow the Nevada model for two reasons. poker domino First, it tends to be more exciting and appealing. Second, fixed odds is pretty much the world standard. In the very likely event that states seek to increase liquidity by sharing their respective pools of bettors, any state that chooses pari-mutuel for this expanded sports betting is making sure that it cannot interconnect two other states which used fixed odds. And we cannot forget that gambling is now a global phenomenon. An operator which can feature overseas events such as the World Cup of soccer is looking at a new for America anyway and potentially huge market. But that will likely require coordination with overseas operators and supervisors. And the pari-mutuel system is essentially confined to the English-speaking world, a few European countries, and Japan. Moreover, its principal use is for horse racing. Tackling other sports might require more innovation, whereas fixed odds is more or less immediately available.

the door has been opened. And any state that wishes to walk through will have to depend on its legislators to get it right. And that means a series of decisions on policy, logistics, and everything else related to sports betting will have to be made, mostly under very challenging circumstances.

The format

The first choice that legislators will have to make is: what format of sports betting will be allowed? Essentially the choice is between fixed odds and the pari-mutuel system, which is the standard for America’s thoroughbred racing. From the point of view player protection, i.e. preventing the gullible and impetuous members of the gambling public from betting themselves into the poor house, pari-mutuel betting has distinct advantages. Without going into great detail, the mechanics of pari-mutuel betting create a pool which prevents both giant killer jackpots, and giant killer losses. In a horse race, for instance, the more popular a given entry is, the shorter the odds. It is not unheard of for a hugely favored horse to go off at odds of 1:1 or even less. Betting under these conditions help to ensure that it is looked on as a past time rather than an investment program.

Another plus for pari-mutuel is that it has been around for generations. Everybody knows about it. There are plenty of experienced people to help organize and run such a gambling regime. Likewise there are no less than 30 state governments that can supply experienced supervisors and administrators for a state- approved sports betting program.

The biggest argument against using pari-mutuel systems is that Nevada, currently the only state with genuine sports betting apart from horses, uses a fixed odds model. Many of the big operators in Vegas will be looking to expand into other states. And these other states are liable to follow the Nevada model for two reasons. First, it tends to be more exciting and appealing. Second, fixed odds is pretty much the world standard. In the very likely event that states seek to increase liquidity by sharing their respective pools of bettors, any state that chooses pari-mutuel for this expanded sports betting is making sure that it cannot interconnect two other states which used fixed odds. And we cannot forget that gambling is now a global phenomenon. An operator which can feature overseas events such as the World Cup of soccer is looking at a new for America anyway and potentially huge market. But that will likely require coordination with overseas operators and supervisors. And the pari-mutuel system is essentially confined to the English-speaking world, a few European countries, and Japan. Moreover, its principal use is for horse racing. Tackling other sports might require more innovation, whereas fixed odds is more or less immediately available.

the door has been opened. And any state that wishes to walk through will have to depend on its legislators to get it right. poker domino And that means a series of decisions on policy, logistics, and everything else related to sports betting will have to be made, mostly under very challenging circumstances.

The format

The first choice that legislators will have to make is: what format of sports betting will be allowed? Essentially the choice is between fixed odds and the pari-mutuel system, which is the standard for America’s thoroughbred racing. From the point of view player protection, i.e. preventing the gullible and impetuous members of the gambling public from betting themselves into the poor house, pari-mutuel betting has distinct advantages. Without going into great detail, the mechanics of pari-mutuel betting create a pool which prevents both giant killer jackpots, and giant killer losses. In a horse race, for instance, the more popular a given entry is, the shorter the odds. It is not unheard of for a hugely favored horse to go off at odds of 1:1 or even less. Betting under these conditions help to ensure that it is looked on as a past time rather than an investment program.

Another plus for pari-mutuel is that it has been around for generations. Everybody knows about it. There are plenty of experienced people to help organize and run such a gambling regime. Likewise there are no less than 30 state governments that can supply experienced supervisors and administrators for a state- approved sports betting program.

The biggest argument against using pari-mutuel systems is that Nevada, currently the only state with genuine sports betting apart from horses, uses a fixed odds model. Many of the big operators in Vegas will be looking to expand into other states. And these other states are liable to follow the Nevada model for two reasons. poker domino First, it tends to be more exciting and appealing. Second, fixed odds is pretty much the world standard. In the very likely event that states seek to increase liquidity by sharing their respective pools of bettors, any state that chooses pari-mutuel for this expanded sports betting is making sure that it cannot interconnect two other states which used fixed odds. And we cannot forget that gambling is now a global phenomenon. An operator which can feature overseas events such as the World Cup of soccer is looking at a new for America anyway and potentially huge market. But that will likely require coordination with overseas operators and supervisors. And the pari-mutuel system is essentially confined to the English-speaking world, a few European countries, and Japan. Moreover, its principal use is for horse racing. Tackling other sports might require more innovation, whereas fixed odds is more or less immediately available.

The Mouthpiece: Legal challenges of expanded sports betting

This is The Mouthpiece, a guest contribution by Martin Owens. poker online If you would like to submit a contribution please contact Bill Beatty for submission details. Thank you.

Part one: Why Legislators Need Horse Sense

The big problem with widely publicized Supreme Court decisions is that people insist on reading all sorts of things into the decision. Things that would be nice to have, but simply aren’t there.

The first thing to remember about the Supreme Court decision in Murphy v NCAA ,is that it did not, repeat NOT actually legalize sports betting throughout the United States, as some seem to be claiming. What the decision did is to remove a Federal obstacle to states legalizing sports betting, if they so wish. That bears repeating: if they so wish. poker online No state has to license sports betting. State governments maintain their plenary power over gambling. English translation – state governments can do anything they like with, to, or about gambling, so long as they don’t actually violate established constitutional protections in doing so.

A National Betting Regime?

But the Justices were careful to leave open the possibility that the Federal government can at any time choose to promulgate a national gambling policy and regulatory structure. In which case, the Federal rules would take precedence over most if not all state rules on the subject. poker online Such an arrangement would be very appealing to both domestic and foreign gaming operators, and overseas regulators as well. For it would mean only one set of rules to follow, rather than threading a path through the vagaries of dozens of different state laws.

And such Federal intervention is still possible. Sen. Orrin Hatch R-UT is already working on legislation that will put legalized sports betting under Washington’s supervision. Political handicappers hold out little hope that such a bill would pass this year, however. Control of the House of Representatives is at stake, with many races predicted to be close. No candidate is liable to risk bad PR over a bill about Wicked Gambling, one of the stock boogie-men of American political theater. Sports betting in very particular has a bad history. poker online The scandal involving baseball players taking payoffs to throw the World Series is still vividly remembered, even though it took place all the way back in 1919. It is an article of faith among proponents of public virtue that gambling is corrosive to the purity of American sport, and needs to be tightly controlled where it cannot be forbidden altogether.

Politicians want government to look at ‘gambling vulnerabilities’ after fixed-odds betting machine decision

Politicians in Westminster are calling on the government to do more research into gambling “vulnerability hot spots” poker indonesia after its own map revealed four areas where people are at risk of problem gambling.

Westminster City Council has one of the highest concentrations of places where people can gamble, with 22 casinos – the highest number in the country – and it has 101 betting shops, making it one of the three councils with the largest number of bookies where people can have a flutter.

It wants the government to push the betting industry to fund research into gambling-related harm after it was the first council to commission its own research three years ago.

The council welcomed the government’s announcement this week to cap the maximum bet at fixed-odds poker indonesia betting terminals at £2 from £100 a bet but said “more needs to be done to address local vulnerability to gambling”.

West London latest

It uses its research to determine the most vulnerable areas for gambling so it can direct support where it is most needed.

The maps include vulnerability factors including mental health, unemployment, and the locations of homeless shelters and drug and alcohol treatment centres. They also look at people’s risk of problem gambling at home and away from home.

Westminster City Council gambling risk map looking at gambling hot spots Image: Westminster City Council

The maps were updated this month and revealed four areas of “greater risk”. These are streets around the Harrow Road in north-west Westminster, around Victoria and Pimlico in the south, poker indonesia around Paddington and the Edgware Road and in the West End.

A council spokesman said: “The heightened risk in each area is driven by a range of different factors. For example, in Pimlico risk is higher because of a greater number of homelessness shelters and substance abuse treatment providers in this area. In the North West area, risk is driven by rates of unemployment, ethnic make-up and large numbers of resident young people.”

The council has seen the number of betting shops drop since 2007 and uses the data to refuse new applications in areas of high risk.

Councillor Ian Adams, the cabinet member responsible for public protection and licensing, welcomed the betting cap on fixed-odds machines and said: “The £2 maximum bet is very welcome, but more is needed to address the risk of gambling to the most vulnerable in our society.

“We have mapped gambling harm on a street-by-street level and it is clear that there are areas of greater risk, poker indonesia and we are asking operators to understand and reduce the risk of harm locally. The most recent applications have been in these high-risk areas, and they were not approved on these grounds.”

He said the cut in the maximum stake for the fixed-odds machines could lead to betting shops creating adult gaming centres instead.

“These adult arcades can have a higher number of high stake casino-style gaming machines on the premises, which may become a larger problem than fixed-odds betting terminals,” he added.

“Our research also points to a growing risk with gambling at home where there may not be sufficient risk prevention.”