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    Scientific Games Wins Bid to Power Turkey’s Sports Betting Operator

    Scientific Games and a Turkish business conglomerate win the bid for the operation of Turkey’s state-owned sports betting brand A joint venture between a company owned by the Turkish Football Federation’s boss and US gambling giant Scientific Games has submitted the winning bid in the tender for a sports betting provider for Turkey’s only legal betting company. Reuters reported earlier today citing local media outlets that Turkish conglomerate Demirören Group and Scientific Games have joined forces to bid jointly for the right to provide a central betting system and a risk management solution for pari-mutuel and fixed-odds betting on different sporting events. Demirören Şirketler Grubu, or Demirören Group, is partly…

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    Melco Selects GEK Terna and J&P Avax as Cyprus Casino Resort Contractors

    Melco picks major Greek construction companies as the preferred contractors for its first casino resort outside Asia Greek construction companies GEK Terna and J&P Avax have been selected as the preferred contractors for the development of the first integrated casino resort in the Republic of Cyprus, according to reports from local news outlets. News emerged last week that Melco Resorts & Entertainment and its local partner Cyprus Phassouri (Zakaki) Ltd. were days away from announcing the company/consortium of companies that would build the City of Dreams integrated resort in Limassol. A consortium comprised of France’s Bouygues Construction Group and its Cypriot partner Cybarco, as well as Consolidated Contractors Company, one…

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    Italy Awards Online Gambling Concessions… Finally

    Italy has finally granted the concessions for the provision of online gambling services in the county after a lengthy process marred by multiple delays The Italian gambling authority, Agenzia delle dogane e dei monopoli (ADM), released yesterday the list of the approved candidates that will be allowed to operate in the local market. Their licenses will be valid through December 31, 2022. The list includes local gambling operator Lottomatica as well as the local subsidiaries of major international companies such as bet365, The Stars Group, and GVC Holdings, among others. ADM has awarded as many as 66 concessions. It has also issued licenses to four other companies but will treat…

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    Former Ve Global CEO Heads AI-Powered Casino, Betting Business

    The former head of tech company Ve Global is reportedly courting investors in a bid to raise $100 million to boost his brand new online gambling venture Morten Tonnesen, who took over the reins of former tech unicorn Ve Global after its crash and burn in 2017, is now spearheading an online gambling project, the Press Association has reported. Mr. Tonnesen is no stranger to the world of gambling. Prior to his role at Ve Global, he had served as the Group Head of Marketing for online poker giant PokerStars. Mr. Tonnesen’s brand new online gambling business will focus on the provision of online sports betting and casino gaming services.…

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    Washington Lawmakers Bring Sports Betting to the Discussion Table

    Washington’s antipathy toward gambling seems to be thinning as it has just joined the flurry of states to be considering the legalization of sports betting A bill calling for the legalization of sports gambling at the state’s tribal casinos appeared in the Legislature late last week and is set to be discussed later this week. Sponsored by Majority Caucus Chair Eric Pettigrew, House Bill 1975 aims to authorize physical and mobile betting, but both would only be allowed within tribal gaming facilities, the Seattle Times reports. If the piece of legislation gains traction in the Legislature, it will represent the first major gambling expansion in Washington, which has traditionally been…

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    Bloomberry Secures Funding for Quezon City Casino Resort

    Bloomberry has been extended a loan to fund the development of a new Solaire-branded casino resort in Quezon City Two units of Philippine hotel and casino operator Bloomberry Resorts Corp. have secured a PHP40 billion (approx. $767 million) loan to fund the construction of an integrated resort in Quezon City, the company said in a Monday filing to the Philippine Stock Exchange. The two Bloomberry subsidiaries that have been extended the loan are Sureste Properties Inc. and Bloomberry Resorts and Hotels Inc. They have signed an omnibus loan and security agreement to obtain a 10-year combined loan facility with seven banks. Bloomberry said Monday that the funds will be used…

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    Dover Downs Shareholders to Vote on Twin River Merger Next Month

    Dover Downs stakeholders to vote on proposed merger with fellow casino company Twin River at a special meeting on March 26 Dover Downs Gaming & Entertainment shareholders will vote on the company’s proposed merger with Twin River Worldwide Holdings, Inc. at a special meeting next month, the two gaming and entertainment operators announced in a joint statement issued on Friday. The companies also said that the US Securities and Exchange Commission has declared effective Twin River’s registration statement that contained Dover Downs’ proxy statement regarding the proposed merger. Twin River and Dover Downs first revealed plans to merge their operations last July. The deal, when finalized, would represent the latest…

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    Florida Senate President to Introduce Comprehensive Gambling, Sports Betting Bill

    Florida Senate President Bill Galvano reiterated this past Friday his plan to introduce a sports betting bill during this year’s legislative session However, the Senate’s top official pointed out during an interview with Florida Politics reporters that his legislation would not be limited to sports wagering, but would also concern other aspects of the state’s gambling industry. Florida’s 2019 legislative session is set to commence on March 5. Sen. Galvano said last month that he has directed a Senate committee to review the sports betting issue and craft a related legislation by the end of February. The lawmaker added on Friday that the bill would include other gambling-related matters, the…

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    Stride Gaming Confirms News Reports about Potential Sale

    Stride Gaming is considering a sale as part of an ongoing strategic growth review, the online casino and bingo operator revealed today UK-based online gambling group Stride Gaming confirmed today that it has been reviewing a number of strategic options for its future growth, including a potential sale of the company. Stride’s announcement arrived a day after The Times reported that the company has put up itself for sale. The gambling group confirmed that portion of the news outlet’s article, but also clarified in its statement from earlier today that it had been fined once by the UK Gambling Commission in recent months, not twice as inferred by The Times.…

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    Mohamed Abdou Wins Largest-Ever WPTDS Brussels Main Event

    France’s Mohamed Abdou took down last night the record-breaking field of the WPTDeepStacks Brussels Main Event for €118,000 The largest-ever WPTDeepStacks Brussels Main Event came to a close at Grand Casino Brussels Viage last night with Mohamed Abdou emerging as the victor from a 584-person field to claim the €118,000 first-place prize and the accompanying €2,000 WPT Season-Ending Package. Abdou remained the last man standing after a long Day 3 of the tournament and a short heads-up against Rehman Kassam. Prior to last night, the brand-new WPTDeepStacks champion had just under $40,000 in live tournament earnings. Most recently, he finished 6th in a €450 No-Limit Hold’em tournament that took place…