Gaming Industry News Weekly Recap – Stories You Might Have Missed

THE AMERICAS

Pennsylvania’s politicians played chicken with the state’s online gambling legislation; DraftKings and FanDuel paid $12m to resolve their New York false advertising prosecution; Churchill Downs Inc posted record revenue despite a drop in social casino bookings; a slots player got teased by a bogus $42.9m jackpot message; Chinese bankers sold Baha Mar to themselves, leading Baha Mar’s former developer to call the bank liars; Nevada sportsbooks posted their fourth highest football betting win; Nevada regulators launched a probe into Las Vegas Sands’ use of VIP gambling ‘shills’; Caesars Entertainment’s bankruptcy proceeding may be nearing the end after it reached agreement with its final junior creditor holdout; Apuestamil CEO Victor Espinosa examined online opportunities in Colombia and Antigua celebrated the groundbreaking of Champion Services’ new business process outsourcing center.

EUROPE

Germany’s 16 states agreed on the broad strokes of a new state gambling treaty; the UK government confirmed its review of fixed-odds betting terminals and gambling ads on telly; the UK competition watchdog formally okayed the Ladbrokes-Coral merger; Mybet warned investors of a €16m revenue shortfall; Russia got its fifth online sports betting site and cut its bookies some slack on mandatory sports funding; Mr Green’s new sportsbook boosted revenue by double digits; Evolution Gaming shuffled its senior management ranks; Hippodrome Casino’s Simon Thomas saw eSports opportunities for casinos; Camelot was forced to pull its wonky National Lottery app and Rebecca Liggero offered her top five takeaways from the 2016 Excellence in iGaming and Berlin Affiliate Conference events.