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FILLING THE U.S. VACUUM
Written 6/2/11 :
The collateral damage caused by Black Friday could be good news for a Canadian company
In the wake of Black Friday several television show promotions were cancelled by major companies impacted by the federal indictments, but as is usually the way in business, there are always others keen to fill the vacuum.
A corporate statement this week from the Canadian company Heads Up Entertainment International identified it as one such competitor, revealing that it has consolidated its poker operations into a separate division that includes the Canadian Poker Tour, Canadian Poker Player Magazine, and the Canadian Poker Player Television Network interests of HEI.
The company is in the process of recruiting a president for the new division, the company statement announced, with HEI chief exec, Kelly B. Kellner, adding:
"As the result of recent expansion, new market opportunities and potential interest from acquirers we have decided it would be in the best interests of the company and its shareholders to consolidate all poker operations into one unit.
"We have begun to actively recruit a president for that division who not only understands the industry but shares the passion we all embrace at HeadsUp. We anticipate announcing the successful candidate for this position in the next two weeks."
Kellner says that HEI has entered into an agreement with World Poker Showdown, an American firm, to further its ambitions.
"The partnership between WPS is also positioning itself for the impending legalisation of online poker in the U.S. and we have been developing relationships with land-based casinos throughout North America for this scenario," Kellner concluded.
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Gambling News :
Yggdrasil Gaming Expanding -
The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.
FanDuel and DraftKings Settle With NY Attorney General -
Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.
Stan james Now Live With EPOS -
The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.
Singapore Online Gambling Ban Begins -
Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.
Pennsylvania Online Gambling Updates -
Pro-online gambling companies, including the Golden Nugget in New Jersey and Pokerstars, were quick to refute Schippers views based on their operational experience.
WSOPE In Czech Republic -
World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.
BtoBet Partners with AfroBet -
Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.
Pissed off Tabcorp shareholders -
A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.
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