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APPT President Resigns

Wednesday, March 30, 2016 : ASIA PACIFIC POKER TOUR PRESIDENT RESIGNS
 
Danny McDonagh departting Macau for his native Australia "for family reasons".
 
The widely respected and highly professional president of the Asia Pacific Poker Tour, Danny McDonagh, is leaving the Macau-based job to return to his native Australia "for family reasons" and departs  his post tomorrow (Thursday).
 
“I’m returning to Australia for family reasons. I’m also contemplating a career break,” he told local reporters.
 
McDonagh’s association with the APPT began in 2007 after he was headhunted to be the director of its first season, and he has played a leading role in making it one of the most successful international poker tournament enterprises in the industry.
 
The tour holds poker tournaments attracting players from across the world at venues around the Asia Pacific region, and this year includes stops at casinos in Seoul, South Korea; in Manila, the Philippines; and Melbourne, Australia, as well as Macau.
 
Speaking to the publication GGR Asia, McDonagh said he continues to believe in the future for PokerStars Live events in Macau.
 
"It’s one of the places in the world where there is an increase in the number of players," he claimed. “I would say 50 percent of our players in most tournaments are from China – the exception being the biggest prize pool tournaments that draw via the Internet [qualification rounds] players from further afield.
 
“India is also an important market for players. If India ever gets direct flights to Macau, I can see the number of Indian players here really growing rapidly,” he added.
 
McDonagh's successor has yet to be announced

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Gambling News :

888poker in deal with Flow Esports - A statement from 888 said it was only a matter of time before the company joined forces with Flow Esports, which is headed by Daniel Märkisch and includes Hearthstone professionals Tobias Graap, Vetle Stubberud and Johannes Steindl.

Oryx Gaming launches 2 Christmas slots - Oryx Gaming has announced the launch of its new festive season online slot, titled Fairytale Forest Quik and Golden 7 Christmas.

Colorado Racing Commission Approves Mile High DFS - Mile High Racing and Entertainment (MHRE) announced Tuesday that the Colorado Racing Commission has approved its daily fantasy sports activity allowing MHRE to offer fantasy sports contests in nine Colorado locations.

Major Amaya Investors Critical of David Baazov Offer - David Baazov's intriguing attempt to acquire the Amaya Group may have been complicated by the leak of a highly critical letter from major shareholder Jason Ader's SpringOwl Asset Management.

Online Gambling Making Strong Contributions to Manila - 269 iGaming licenses were issued in 2015, along with slightly more remote gaming licenses at 88, the minister reported.

Unibet Name Changed to Kindred Group plc - Following an extraordinary general meeting at which shareholders approved the change of the Unibet title and brand to Kindred Group plc, the online gambling group will begin trading under the new name on December 12.

Kenya Betting Control Board Reviewing Changes - Kenya's booming sports betting sector could be facing stiffer government controls, especially regarding marketing, advertising and promotions, according to local media reports revealing that parliament is studying potential amendments to the Betting, Lotteries & Gaming Act.

Britan To Tighten SpreadBetting Controls - The UK media reported widely Tuesday that Britain's Financial Conduct Authority has announced a crackdown on spread betting using contracts for difference (CFDs) following FCA research that showed 82 percent of clients had lost money in the sector.

Playtech to Buy Back 50 Milliuon in Shares - #playtech In a statement, the company said that the decision reflects continued confidence in the growth and prospects of the business and its high cash generation, and revealed that it continues to trade in-line with expectations.

Sentencing in Vietnam Gambling Bust - The People’s Court in HCM City handed down sentences Monday to dozens of defendants linked to a major online sports betting ring dismantled last year by Vietnamese police.

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