Serious competition for DraftKing's equivalent offering DraftKings and FanDuel may be seriously negotiating a merger, but that has not stopped the two daily fantasy sports giants from continuing to compete vigorously in the market, and this week FanDuel has gone live with its rival fantasy golf product ahead of the major portion of the pro golf season. FanDuel announced the...
On the block mid April 2017 Twitter and industry media have been alight in reaction to a post from Las Vegas gaming analyst, Todd Fuhrman, who claims that Las Vegas gaming tech provider CG Technology (previously Cantor Gaming) is due to go on auction mid-April 2017. Fuhrman's tweet reads: "Word on the street is April 15 all of @CGTechnology_ will...
Main prize at the WPT Bay 101 send's earnings graph soaring US poker pro Sam Panzica (24) scored his second World Poker Tour title over the weekend, following a $1,373,000 victory in the $7,500 buy-in WPT Bay 101 main event. In an exciting finish Panzica and runner-up Anthony Spinella agreed a chop before a five-hand heads up concluded the event....
Clarity on position of Black Friday federal prosecutor The mystery over whether the US Attorney for the Southern District of New York, Preet Bharara, is to remain in post or go with other US Attorneys asked to resign by the Trump administration (see previous InfoPowa report) was resolved Saturday when Bharara tweeted that he had been fired after he failed...
Profitability in sight as licensed online partnership with Golden Nugget prospers and US television assets grow The post-results press conference following the release of Paddy Power-Betfair's FY-2016 report recently (see previous InfoPowa report) revealed the interesting news that Betfair's US operations are doing well, and that its online casino partnership with Golden Nugget in New Jersey has reached EBITDA break-even...
Group operating losses reduced as revenues grow US gambling supplies, games and equipment provider Scientific Games issued a trading update this week detailing a reduction in operating losses and improved revenues in the last quarter of 2016. Highlights of the update included: * FY-2016 revenue grew by 4.5 percent y-o-y to $2.9 billion; * Operating income was $130.6 million compared...
Nabs exclusive licensing deal for iconic James Bond franchise Scientific Games Corporation (SGC) has clinched an exclusive licensing deal with EON Productions Limited, Danjaq, LLC and MGM Interactive Inc. for the development of James Bond branded casino products across land-based, lottery and social slots gaming. Under the terms of the deal SGC has the right to leverage all past and...
Tuesday's inconclusive joint House and Senate hearing was the 84th discussion in the last two years Tuesday saw the Pennsylvanian Legislature again considering online gambling legalisation (among other related matters) in a joint House and Senate hearing - the 84th in the last 2 years on this issue according to some observers, without reaching finality. The witness list for the...
SB477 appears to be a companion bill for Rep. George Dunbar's HB392, and mirrors last year's unsuccessful HB2150 A group of Pennsylvania Republican Party senators, Sens. Thomas Killion, Guy Reschenthaler, Camera Bartolotta and Patrick Stefano has filed a companion online gambling legalisation measure to HB392, an extensive intrastate gaming reform bill introduced in the Pennsylvania House of Representatives a month...
Sen. Jim Whelan files a Senate companion bill to that introduced earlier this year in the Assembly by Assemblyman Vincent Mazzeo New Jersey state Senator Jim Whelan, a long-time supporter of online gambling, has moved to protect the state's flourishing online gambling industry by introducing a resolution calling on Congress and the current US administration to "oppose any actions that...
