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888 RECOMMENDED FOR NEVADA LICENSING

Thursday March 7, 2013 : 888 RECOMMENDED FOR NEVADA LICENSING
 
The war of words between Pokerstars and the AGA has little impact on 888's application
 
The top European online gambling software developer and operator 888 could soon be as well known in the United States as it is at home, with partnerships with three major US companies with online ambitions in Nevada, and a recommendation from the Nevada Gaming Control Board awarded Wednesday.
 
888 has partnership agreements in place with land operators Caesars Entertainment (for a WSOP online site), WMS Gaming and Treasure Island, and it was with the latter that 888 representatives appeared before the NGCB on Wednesday, winning a recommendation to the Nevada Gaming Commission that it award licensing at its March 21 meeting.
 
The recommendation covers licensing as a manufacturer of an interactive gaming system; as a distributor and as an interactive gaming service provider.
 
Las Vegas-based Treasure Island, which like WMS and Caesars has online poker ambitions in Nevada, was also approved. If the recommendations are followed by the NGC, 888 and Treasure Island will become the 20th and 21st Nevada online poker licensees.
 
NGCB members listened attentively as 888 representatives went through the extensive technology precautions necessary to ensure that underage and problem gamblers are excluded, the geographic location of players is determined, collusion eliminated and tight monetary transaction requirements are applied.
 
Against the backdrop of the growing war of words between the American Gaming Association and Pokerstars-the Rational Group, the Board noted that 888 had pulled out of the US market when the UIGEA came into force in 2006, bringing it into compliance with the new Nevada online poker law.
 
Service provider licenses were also awarded to Player Verify of Tennessee and XYVerify of New York - companies involved with problem player self-exclusions and geolocation services.

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Gambling News :

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

Optima Information Services iShop - Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

CAGAYAN CHIEF MOVES TO REASSURE LICENSEES - Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.

New Massachusetts Online Gambling Bill - It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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