Impeachment Of Trump May Come Sooner Than Expected

There have been a few interesting presidents elected in the USA but none has brought the world of gambling into the spotlight like the election of Donald Trump. Before he was elected the campaign was show of utter drama that upset the status quo in Washington and without a doubt brought a great deal of attention on the possible outcome. The new leader of the western world has disturbed a huge number of politicians and people with some of his outrageous tweets and speeches. Millions of women marched recently on the one year date of Mr.Trump’s inauguration as president, making it obvious there are number of people that don’t like him.

It is illegal in the USA to bet on politics but in Europe the pastime is enjoyed and the impeachment of Trump is a going concern for many bookies. Although the general public is keen on the positive aspect that the president will be impeached the opinion of those who interpret the actual data in Washington don’t think that it will happen any time soon. At Slate, Ben Mathis-Lilley looks at the data and lays out odds of Trump being impeached and it appears the facts suggest caution, for now and Mathis-Lilley puts the odds of Trump being impeached at 45 percent.

Washington Post writers David Weigel and Sean Sullivan both point out that the topic of impeachment rarely comes up in Washington and that most congressional Democrats are wary of even saying the word.  In Europe there is a feeling that the odds of Trump being impeached for wrongdoing is making a strong showing as the State of the Union address comes closer with the added feature that Trump has been accused of trying to fire special counsel Robert Mueller who is investigating the charges that Russia was involved in his election campaign. Listening to the news is futile these days though as Trump disregards most of it as fake.

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Super Bowl LII Building Betting Momentum

Arguably the biggest sporting event in the USA American football’s Super Bowl LII will be played at the U.S. Bank Stadium in Minneapolis, Minnesota on February 4th 2018. This will be the 52nd Super Bowl and the 48th modern-era National Football League (NFL) championship game. The National Football Conference (NFC) champion Philadelphia Eagles will play the American Football Conference (AFC) champion New England Patriots to decide the league champion for the 2017 NFL season.

This Super Bowl is an instant success for online gambling fans as the number of things to bet on prior to the game continues to be outstanding. For the third time in four seasons, the New England Patriots will represent the AFC in the Super Bowl after a victory against the Jacksonville Jaguars. The Patriots have won each of the past two Super Bowls they appeared in (Super Bowl 49 and 51) with cliff hanger endings surprising a lot of punters.

The Philadelphia Eagles have not been as successful as the Patriots, with the franchise only competing for the Lombardi Trophy once since 1982. The Eagles’ last Super Bowl was in 2005 at Super Bowl 39, a game they lost 24-21 to the Patriots. The odds changed significantly when quarterback Carson Wentz suffered an injury that ended his season. The Eagles are now considered the underdog for this competition.

The sports books have advanced computer models that they employ to decide on the betting options. The computers look at all the variables and come up with a strategy that the odds are based on although there are always variables and changes that cannot be foreseen.

It is an interesting year especially for fans of New England’s quarterback Tom Brady who is favoured as a first-ballot Hall of Famer. It is hopeful that Brady, if the Patriots beat the Eagles in Super Bowl LII, will become the first quarterback in NFL history to lead the NFL in passing yards and also win the Lombardi trophy in the same year. 

 

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Rugby Football Union SIgns On With ESSA

The Rugby Football Union is the governing body for rugby union in England. Founded in 1871, it was the sport's international governing body prior to the formation of what is now known as World Rugby in 1886. It promotes and runs the sport, organises international matches for the England national team, and educates and trains players and officials.

ESSA and the Rugby Football Union have signed a Memorandum of Understanding (MoU) that will enable ESSA to employ its monitoring and alert system to pick up on suspicious betting activities around Rugby Football Union governed events.

ESSA is a not for profit organisation, whose members operate through retail, on-line and telephone channels, certified in anti-money laundering and regulatory requirements that protect betting and sports integrity. The role of ESSA is to provide an early warning system with the specific aim of detecting and deterring the corruption of ESSA members’ betting markets through the manipulation of sporting events.

RFU legal and governance director Angus Bujalski commented, “While no instances of betting related match-fixing have to date been identified in English rugby union we need to continue to be vigilant,” Bujalski continued, “We have already put in place a range of measures to raise awareness and to set clear rules to maintain the integrity of the game.

“This MoU is another important milestone in that process and complements our existing work. English rugby has so far been free of betting related match-fixing and we are working hard with our partners such as ESSA to ensure that it remains that way.”

Khalid Ali, general secretary at ESSA, also said,  “No one can or should be complacent in the face of criminal elements intent on corrupting any sport to defraud betting companies.

“The RFU is among a group of sports bodies that have made important and effective strides in this area and ESSA remains committed to working in partnership with those responsible organisations.”

 

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UK Gambling Commission Proposes Improved Regulations

The United Kingdom has been regulating the online gambling industry for years now and the UK Gambling Commission recognizes that the industry has changed and it needs to upgrade the rules of engagement.

Recently the UK Gambling Commission (UKGC) revealed the proposed changes to licensing conditions and codes of practice (LCCP) for operators. A deadline of April 22 has been offered to stakeholders and members of the public to submit their opinions on the proposed changes to the rules.

It has been suggested that UK gambling operators may face harsh financial penalties for breaching the UKGC advertising rules.  The UKGC is in the process of implementing its vision of a ‘fairer’ gambling market.   The Commission is promoting a consumer oriented approach and a zero-tolerance policy that violates social responsibility requirements. This particular aspect of the new directive, licensees’ adherence to socially responsible (SR) marketing activity is a focus for the Commission.   Licensees are now being told they “must” comply with codes as directed by the Committee of Advertising Practice (CAP) and the Broadcast Committee of Advertising Practice (BCAP).

The revised social responsibility code provision says violators could face “the full range of [the UKGC’s] regulatory powers,” including big financial penalties, if advertizing for gambling products are considered unsatisfactory.

Marketing efforts containing misleading bonuses or ‘free bet’ offers, has been revised to indicate “licensees must ensure” that it’s not misleading. Furthermore, all “significant conditions” related to these offers and products must be “provided transparently and prominently to consumers.”

All the conditions must be “clearly indicated” that conditions apply and online operators must ensure that these conditions are revealed in full “no further than one click away.”

Operators are also prohibited from contacting consumers via direct electronic marketing without their informed and specific consent, and operators will have to provide “evidence which establishes that consent.” Opportunities to withdraw consent must be provided with penalties for violations of the rules. It was also made clear that “licensees are responsible” for any improper activity by their affiliate partners.

 

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Second Edition Prague Gaming Summit March 29th 2018

The must attend conferences for the online gambling industry include the second edition of the Prague Gaming Summit coming up on the 29th of March, 2018. The second edition of event is being described as “the most successful boutique-style gaming event in Prague” The conference is designed to give the latest insights about the regulatory updates in the Czech Republic, Slovakia and Poland.

The one day conference has a great variety of networking possibilities via the event and the networking dinners and social gatherings. Operators and software providers will be offered information on what to expect in the coming year and how applications can be made for required licenses. The summit will repeat the 2017 feature of a round table discussion with the Czech regulators to discuss any relevant questions that arise during the period. The eastern European jurisdictions have a great deal to offer but are complex and sometimes difficult to navigate. Clarifying the situation in the recently regulated market in the Czech Republic is an important aspect of the summit which addresses the latest amendments to the yet to be perfected regulatory platform. Noting the government response and how the rules affect the taxation and the competitiveness of the country’s gambling industry.

Along with the Czech Republic there will be a panel to discuss the latest developments and insights of the Slovakian, Austria and Slovenian and Polish gambling market. Ideas about how to negotiate icensing and potentials in these emerging markets will be shared by experts in the field.

Innovation has always been a key component of the gambling industry and The Innovation Talks series will provide recent information about technology that is being adopted in the industry to increase revenues and attract new clients.

There will also be a panel forum on key strategies that operators can employ to retain and engage new consumers of gambling products and services.  Regulations in many jurisdictions have included measures to insure Responsible Gambling programs are implemented and updates to these programs will also be discussed.

 

 

 

 

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NBA Goes One Further With US Legalized Sports Betting

The big upcoming issue in the USA online gambling industry is the legalization of betting on sports and there are some heavy hitters chiming in on the subject. News sources from every corner of the USA have been telling us about the National Basketball League’s backing of the proposed legalizing of sports betting nationwide. This is an argument the public has heard of before and now as the Supreme Courts’s decision comes near the big league executives are making louder noises.

There are many jurisdictions in the USA that have or are legalizing online gambling indicating that there is the possibility that online sports betting may eventually come to America.

Recently executives from the National Basketball Association (NBA) outlined their vision for legalised sports betting in New York State using it as a model for sports betting across the whole of the country.  
NBA Senior Vice President and Assistant General Counsel Daniel Spillane said recently in a written testimony to the New York State Senate Standing Committee on Racing, Gaming and Wagering,  “We support the passage of a comprehensive sports betting bill that would serve as a model for a 50-state solution—whether that happens in Congress or on a state-by-state basis."
Spillane also said, “Our conclusion is that the time has come for a different approach that gives sports fans a safe and legal way to wager on sporting events while protecting the integrity of the underlying competitions.”
 A sticky point in the proposal that has caused some concerns is the requirement that operators pay each sporting league 1% of the total amount bet on each of its games. The money would be invested in compliance, enforcement, monitoring, investigations and education.

 American Gaming Association President Geoff Freeman responded a statement in which he was less than supportive of a 1% levy on sports betting: “We are pleased that the National Basketball Association (NBA) today joined with the gaming industry in support of vigorously regulated sports wagering.“

 

 

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ORYX Gaming Signs Yet Another Content Deal

January has been a year of expanding opportunities for the online gambler with ORYX Gaming is a leading turnkey solutions provider for the gaming industry making content deals with a number of internet gambling sites. ORYX Gaming offers casino, sports book and lottery solutions with a wide portfolio of proprietary and 3rd party casino, slot, live dealer content, virtual sports and instant game products. 

This month alone has seen the firm which is a multinational company with offices in the US, Estonia, Malta, and Slovenia create content deals with EveryMatrix, ComeON!, iSoftBet, Wunderino, GAMEIOM, and possible others in the works. The whole ORYX’s library of proprietary and third-party content has been integrated into these platforms. ORYX’s omni channel cross-product platform has many punters happy about the expanding developments.

The CEO of ORYX Gaming Matevz Mazij, commented on the EveryMatrix deal,  “EveryMatrix is one of the leading iGaming software providers and signing a deal to integrate ORYX’s content library is testament to our worldwide position. We cannot wait to see their clients’ results when utilising our unique portfolio of games.”

Stian Hornsletten, CasinoEngine CEO also commented, “We are excited to partner with ORYX Gaming as we align visions and focus on our combined knowledge to meet operator’s requirements. This represents another solid step in our journey to keep expanding our CasinoEngine suite by adding ORYX’s high-quality selection of games”

iSoftBet which is certified in Italy, Spain, Belgium, Portugal, Alderney and the UK, and meets the strict protocol challenges of all regulatory bodies was also pleased with the content arrangement.

Michael Probert, Head of Business Development at iSoftBet said, “The inclusion of ORYX Gaming falls perfectly in line with our goal of providing our operators the best and most exciting content available on the market, we at iSoftBet  are proud to be partnered with such an innovative and forward thinking company.”

 

 

 

 

 

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Verizon May Be Considering US Sports Betting Market

Verizon Wireless is considered the biggest telecommunications wireless provider in the USA. It has been suggested that Verizon Communications Inc. is considering entering the multibillion-dollar market for sports betting, which could become legal in the U.S.in the near future.  While the speculation is that the phone giant form New Jersey will decide to stay away from gambling there are those in the industry that are at least considering the venture even though it may be a big challenge.

A case that challenges the current federal prohibition on sports gambling is expected to be resolved by the U.S. Supreme Court early this year. It is obvious however that Verizon is attempting to become a more diversified media business after the recent deal to acquire Yahoo for the hefty price of $4.5 billion. Yahoo has 1.3 billion users and the Yahoo fantasy sports division has tens of millions of potential punters.   

The online sports betting market is a big carrot to ignore for such a well positioned company as Verizon.  Verizon has streaming rights to some National Football League and National Basketball Association games, which creates a potential for live sports betting during broadcasts. Recently Verizon revealed an expanded streaming deal with the National Basketball Association. A firm as large as Verizon can dominate the sports betting market by acquiring  online sports books and could easily tap into the huge sports betting potential in the USA which is forecast by analysts to be worth between $2 billion and $5.8 billion annually within five years.

There are a number of US jurisdictions that are considering enacting legal sports betting bills should the Supreme Court verify that the PASPA violates the U.S. Constitution’s protection of state’s rights. New Jersey has been spear heading the initiative which could bring lucrative legal sports betting to the state which has demonstrated success in its offering of legal online gambling.  

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Dreamworx Online Bought By Catena Media

Catena Media is still on the acquisitions quest with yet another purchase of the sports, casino and financial services company Dreamworx Online. Dreamworx operates websites such as Sportwettenanbieter.com, Fussballwetten.info and DeutscheFXBroker.de.

Catena is expecting to complete the deal before the end of January that amounts to a payment of €9.5m ($11.6m), of which €4m will be paid with newly issued shares in Catena, and the remaining €5.5m in cash. Catena Media is also expecting the acquired assets to generate as much as €600,000 in quarterly sales, with an operating margin of approximately 80%.

The new acquisition will become part of Catena’s sport division, operated by Baybets, which Catena Media bought back in December of 2017.

 Acting chief executive of Catena, Henrik Persson Ekdahl, commented of the deal, “The assets of Dreamworx Online will strengthen our position as the leading affiliate in Germany.”  Persson Ekdahl continued, “This will place us in the top position, short-term for the Fifa World Cup 2018 as well as long-term.”

Baybets, it was suggested may add the increased performance of the Dreamworx assets to existing earn-out calculations, and the maximum earn-out payments to Baybets will be amended. The maximum amount of the first earn-out payment will now rise from €20m to €23m, while the second earn-out payment will increase from €43.5m to €50.5m.

Up to 40% of the earn-out payment related to the Dreamworx Media assets can be paid in the new Catena shares. As a result, Catena expects total earn-out payment for Baybets, in a “reasonable scenario”, to jump from €30.5m to €39m.

Catena Media began in 2012and has evolved into one of the world’s most successful online lead generation companies in the iGaming industry, with over 250+ employees in Malta, the United Kingdom and Serbia.

 

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Swiss Punters Have Input Into IP Blocking Law

In Switzerland there is a caveat to any law made in the nation allowing for a public referendum if a petition of over 50,000 signatures is submitted within 100 days of a new law’s passage. This civil law has been enacted by the voters in Switzerland which gathered 60,000 signatures on a petition protesting the government’s plan to block international gambling operators from accepting Swiss punters.

The coalition of Swiss political party youth groups, internet service providers and civil liberty advocates were successful in obtaining the support of the people and will have their referendum on the Swiss government plan to block the domains of internationally licensed gambling sites.  Despite evidence to the contrary revealed recently terrestrial based operators have been blaming international sites for their falling revenue.

President of the Free Democratic Party youth league, Andri Silberschmidt, which led the petition drive, commented to media that those individuals who’d signed the petition “don’t want state interference in legal online offer. And they don’t want protectionism for domestic casinos.”

The Swiss Federation of Casinos (SFC) was not happy with the success of the petition drive. The organization claims success was only possible thanks to the financial support of the international online gambling operators. The SFC issued a statement claiming that overturning the new law would result in increased problem gambling behavior, less money for social programs.

Lukas Reimann a member of the Swiss People’s Party (SVP) reminded media outlets that domain-blocking has been ineffective at achieving its goals. Reimann also suggested that government revenue from online gambling would “more than double” if international sites applied for a local license.

Reimann also pointed  out that “the majority of domestic casinos have foreign owners.” Reimann continued to add he was opposed to “unfair intervention in the market” and said the new law “clearly bears the hallmarks of the local casino lobby.”

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