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Twitch = Death of Online Poker?

Twitch = Death of Online Poker? | Real Money Gaming | Scoop.it
PokerStars is having a bad week. A media outlet’s politically incorrect reference to a handicapped poker player. And is Twitch the death of online poker? It’s all in the week’s most interesting threads in the world of poker forums.
Jeff Anderson | GSN's insight:

Most people have been on the Twitch bandwagon ever since online poker and the live streaming service started working in tandem a few months ago. This poster, however, is not drinking the Kool-Aid: “I don’t see another boom, all i see is 1000s of new, hungry and highly motivated regulars. And a coffin with a nail in it.” Actually some decent debate here, as some people agree, while others lay down why Twitch is great for poker, including a possible infusion of new players and money. Still others think Twitch won’t have any impact at all. We guess we’ll see who is right a few years down the road.

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GVC raises offer for bwin.party to £1.3 billion

GVC raises offer for bwin.party to £1.3 billion | Real Money Gaming | Scoop.it

"GVC made a fully-funded offer to bwin’s board on Friday, which values the company at about £1.3b ($1.6b). Under GVC’s latest cash-and-stock offer, bwin.party shareholders would be entitled to receive, for each bwin.party share, 25p in cash and 0.231 new GVC ordinary shares.


The proposal is based on GVC’s closing share price on August 6 of 435p per share."

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Walt Disney buys $250m stake in DraftKings

Walt Disney buys $250m stake in DraftKings | Real Money Gaming | Scoop.it
Under the deal, the Boston-based daily fantasy sports operator will commit to spending $500m on advertising through Disney subsidiary ESPN
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Realistic Games Launches Hi/Lo Blackjack

Realistic Games Launches Hi/Lo Blackjack | Real Money Gaming | Scoop.it
Innovative British slots and table games supplier Realistic Games has added an exciting new side bet to its market-leading, multi-channel Blackjack.
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Endorphina to Launch First Bitcoin Themed Slot

Endorphina to Launch First Bitcoin Themed Slot | Real Money Gaming | Scoop.it
Endorphina, an online gaming provider, announced the launch of a brand new slot today, with a special theme.
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Louisiana bill aims to make fantasy sports legal; Schefter signs up for Fantasy Sports Combine

Louisiana bill aims to make fantasy sports legal;  Schefter signs up for Fantasy Sports Combine | Real Money Gaming | Scoop.it
Louisiana representative Joe Lopinto has filed a bill for the upcoming legislative session that would legalize playing real-money fantasy football in the state.
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Intertain: We’ve only just got started

Intertain: We’ve only just got started | Real Money Gaming | Scoop.it

Intertain chief executive John FitzGerald (pictured) said the firm will look to become the biggest bingo operator in the world and warned its rivals it had “only just got started” in an interview with eGaming Review following the announcement of its £425m deal with Gamesys. Speaking to eGaming Review, FitzGerald said the agreement, which will see Intertain obtain Gamesys’ JackpotJoy, Starspins and Botemania real-money and social casino brands, would catapult the operator into “the top seven or eight egaming operators in the world”. And the former corporate lawyer warned the firm had “only just got started” and was already setting its sights on entering new jurisdictions in attempt to replicate the global success achieved by PokerStars in the online poker industry.   


“We are going to stay entirely focussed on the female audience and bingo and try to become the biggest by far,” FitzGerald told eGR. “It is similar to what PokerStars did - if you spoke to [PokerStars’ founder] Isai Scheinberg five years ago, he was all about focussing on one thing: poker. And that’s what we’re doing in bingo. Now it’s all about organic growth and leveraging that financial liquidity in new markets. We are going to enter new jurisdictions in a very calculated way [and] if we can take a dominant position in a new market then our growth can be exceptional."

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William Hill’s Bold Bid For 888

William Hill’s Bold Bid For 888 | Real Money Gaming | Scoop.it
William Hill, 888, takeover, the times, Gibraltar, UK, M&A, talking points, cenkos, US, Australia, grey, betting, gaming, UK, casino, poker, sports betting, CRM, technology, Playtech
Jeff Anderson | GSN's insight:

Yesterday’s news that William Hill has made an offer for 888, reportedly valuing the firm at around £750m, has got the market speculating about exactly how a combination of the gaming giants would play out.  With rumours that 888 shareholders may want William Hill to cough up 300p a share – almost 50% more than the 210p thought to be under discussion – a deal is far from a certainty while previous attempts to acquire 888 have in the past fallen through. But should an agreement materialise, William Hill would no doubt be stronger for the proprietary casino and poker platform and the significant boost to its gaming business from acquiring one of the leading brands in egaming renowned as masters of digital marketing.

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IGT Reports First Quarter Fiscal Year 2015 Results

IGT Reports First Quarter Fiscal Year 2015 Results | Real Money Gaming | Scoop.it
LAS VEGAS, Jan. 27, 2015 /PRNewswire/ -- International Game Technology (NYSE: IGT) today reported operating...
Jeff Anderson | GSN's insight:
  • Social gaming revenue in the first quarter increased 23% to $79 million compared to the prior year quarter, driven by increases in both average DAU and bookings per DAU. Mobile revenue comprised 39% of total bookings in the first quarter and increased 68% compared to the prior year period.
  • Average DAU were 1.9 million, an increase of 11% over the prior year quarter due to improved content and enhanced player retention and engagement strategies.
  • Average MAU were 5.2 million, a decrease of 16% compared to the prior year quarter, primarily due to increased marketing efforts to procure higher-quality players.
  • Average bookings per DAU in the first quarter were $0.43, an increase of 2% over the same quarter last year.
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FanDuel Revenues Hit $37 Mil in 4th Qtr, Up From $7.4 Mil the Same Period Last Year | Gambling911.com

The world’s largest Fantasy sports site, FanDuel.com, has seen its revenues reach $37 million for the 4th quarter ending 2014. That’s quite an increase from $7.4 million the same period last year.
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888 and Caesars to pool liquidity in New Jersey - EGR Magazine

888 and Caesars to pool liquidity in New Jersey - EGR Magazine | Real Money Gaming | Scoop.it
888, wsop, all american poker network, aapn, new jersey, neveda, network, borgata, partypoker, bwin.party, nevada, delaware, us, The All American Poker Network and the WSOP.com will share player pools but run independent marketing campaigns and bonus offers
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Santa Ysabel hits back in California bingo ban | eGR North America

Santa Ysabel hits back in California bingo ban | eGR North America | Real Money Gaming | Scoop.it
Tribe files motion seeking to overturn temporary restraining order blocking it from offering real-money Desert Rose Bingo site to Cali players
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Foxy Bingo rebrands before new campaign

Foxy Bingo rebrands before new campaign | Real Money Gaming | Scoop.it

Foxy Bingo has launched a major rebrand that includes a new-look logo and website ahead of a multi-million pound TV marketing campaign in the UK. According to the bwin.party-owned skin, the updated design brings a “cleaner feel to the brand” with the Foxy character sporting a new “slicker, hipper” look.

Jeff Anderson | GSN's insight:

The redesign will be featured in a series of TV adverts during the popular UK show: Coronation Street. The adverts will also be supported by an additional campaign featuring reality TV star Joey Essex. 


The rebrand comes after bwin.party recently upgraded the 888-powered Dragonfish platform with a number of new games and an improved user interface.


Bwin.party recently gave a full-year revenue warning while confirming it was in talks to dispose of its social gaming arm Win. 

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GGRAsia – IGT gaming operations likely pressured in 2Q: Telsey

GGRAsia – IGT gaming operations likely pressured in 2Q: Telsey | Real Money Gaming | Scoop.it

"The recently formed IGT Plc is likely to show quarterly revenue from gaming operations down year-on-year “on a lower installed base and pressured yields”, said a note from David Katz and Brian Davis of Telsey Advisory Group.


'We forecast revenue of US$1.333 billion and EBITDA [earnings before interest, taxation, depreciation and amortisation] of US$327.5 million. More importantly, we forecast IGT shipped 5,100 units in the quarter, which is lower by 27.1 percent year-on-year compared to IGT’s standalone business. We expect gaming operations revenue to decline by 19.1 percent year-on-year on a lower installed base and pressured yields.'"

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GTECH completes $6.4bn acquisition of IGT

GTECH completes $6.4bn acquisition of IGT | Real Money Gaming | Scoop.it
Combined company, now known as International Game Technology, will begin trading on the New York Stock Exchange later today
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Intertain completes £423m takeover of Gamesys’ brands

Intertain completes £423m takeover of Gamesys’ brands | Real Money Gaming | Scoop.it
Toronto-based operator has completed its acquisition on Jackpotjoy, Botemania, and Starspins from Gamesys
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Just 0.23% of players account for 64% of mobile gaming revenue

Just 0.23% of players account for 64% of mobile gaming revenue | Real Money Gaming | Scoop.it
Social and mobile gaming companies are ever more dependent on so-called ‘whales,’ who make up a tiny fraction of the overall player base but can account for two-thirds of gaming revenue.
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Launches and sign-ups extra 10 April 2015

Launches and sign-ups extra 10 April 2015 | Real Money Gaming | Scoop.it
A round-up of the latest launches and deals in the egaming industry including Metric Gaming and Odobo
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William Hill + 888 end talks

William Hill + 888 end talks | Real Money Gaming | Scoop.it
Jeff Anderson | GSN's insight:

William Hill's £750m swoop for 888 Holdings has collapsed after the parties were unable to overcome "a significant difference of opinion" with a key shareholder of the target firm. The two gaming giants had been negotiating a 200p plus 3p dividend per share deal but any hope of an agreement now appears to be dead with London-listed 888 this morning informing the market that talks had come to end. 


It is believed one of 888's major shareholders, thought to be the Shaked familiy, was dissatisfied with the proposed price tag and had been holding out for an offer nearer 300p per share. 
 

"The Board of the company and the representatives of the principal shareholder trusts, together with their respective advisers, have had a number of discussions with William Hill and its advisers concerning a possible recommended offer, valued at 200 pence plus a 3 pence dividend per share," this morning's statement read. 

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IGT shareholders approve GTECH bid

IGT shareholders approve GTECH bid | Real Money Gaming | Scoop.it
gtech, igt, international, game, technology, acquisition, deal, takeover, shareholders, newco, patti, hart, $6.4bn acquisition on track to complete in the first half of the year after more the 72% of IGT shareholders vote in favour of the deal
Jeff Anderson | GSN's insight:

GTECH has moved one step closer to completing its US$6.4bn acquisition of International Game Technology (IGT) after the latter’s shareholders unanimously approved the deal at a special meeting in Las Vegas yesterday.More than 99% of votes represented and cast at the meeting, or around 72% of the total eligible votes, were in favour of the merger which is expected to complete in the first half of the year. GTECH also revealed the time period provided by the Italian Civil Code to enable creditors to oppose the merger had expired in January. The update comes after GTECH announced dissenting shareholders had exercised their right to sell their shares back to the firm in December.

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Intertain confirms deal to acquire Gamesys customer-facing brands

Intertain confirms deal to acquire Gamesys customer-facing brands | Real Money Gaming | Scoop.it
Intertain confirms deal to acquire Gamesys customer-facing brands
Jeff Anderson | GSN's insight:

Canada’s Intertain Group confirmed Thursday that it will acquire most of Gamesys’ customer-facing assets in a deal worth approximately £425.8m. The assets include the real-money Jackpotjoy online bingo brands in the UK and Sweden, casino brand Starspins.com, Spanish-facing bingo brand Botemania.es, as well as Gamesys’ social gaming offerings, Jackpotjoy Social Casino and the soon-to-launch Social Starspins. Intertain has entered into a binding share purchase agreement to acquire 100 per cent of the issued and outstanding shares of a newly-incorporated subsidiary of Gamesys, which will hold all of the brands and player data assets comprised within the Jackpotjoy business (including Starspins.com and Botemania). Gamesys and its subsidiary, Gamesys (Gibraltar) Limited have also agreed to enter into a ten-year services agreement to provide platform services and gaming content to enable Intertain to run the Jackpotjoy business. This includes the potential to licence certain gaming content for up to a further ten years.

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Playtech share price up on trading update - EGR Magazine

Playtech share price up on trading update - EGR Magazine | Real Money Gaming | Scoop.it
Gaming giant confirms it expects to meet market consensus and achieve double-digit growth for FY2014 playtech, share price, trading update, ebitda, m&a
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Intertain confirms $800 mm acquisition talks

Intertain confirms $800 mm acquisition talks | Real Money Gaming | Scoop.it

The Intertain Group is this afternoon closing in on its largest acquisition to date after revealing it is in “advanced discussions” to acquire certain assets of a third party in a deal worth up to $800 mm (£530 mm).
Trading on Intertain shares, which are listed on the Toronto Stock Exchange, have been halted while the terms of the deal are finalised and signed off by both parties. The update comes shortly after eGaming Review exclusively revealed that Toronto-based Intertain was in mid-stage talks to acquire “key assets” of the Gamesys Group. If the deal goes through it will dwarf Intertain’s previous £60m acquisition of Mandalay Media and its £89m takeover of online casino operator Vera&John, which completed in December. Intertain CEO John Fitzgerald has previously said the firm plans to grow through acquisition and has highlighted sportsbook and social gaming as areas of interest.

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OLG completes real-money soft launch | eGR North America

OLG completes real-money soft launch | eGR North America | Real Money Gaming | Scoop.it
PlayOLG.ca launches to players across the province more than a year after it was first meant to go live
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GB regulator in compact talks with New Jersey - EGR Magazine

GB regulator in compact talks with New Jersey - EGR Magazine | Real Money Gaming | Scoop.it
GB, regulator, new jersey, division, gaming, enforcement, dge, rebuck, liquidity, poker, online, us, Gambling Commission has held talks with New Jersey regulators over sharing online poker liquidity
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