Gaming Industry News Weekly Recap – Stories You Might Have Missed

THE AMERICAS

The eSports world was thrown into turmoil after game developer Valve Corp told third-party gambling sites to stop accessing its Steam marketplace and video streaming service Twitch warned users not to stream content that violated Valve’s ban; eSportsBet co-founder Mark McGuinness warned that the skin betting industry would be in the crosshairs of state officials and BtwoBet’s Allessandro Fried examined eSports’ meteoric rise; Brazil’s interim president proposed an online sports betting monopoly but Camara Dos Deputados’ Osmar Moraes believes Brazil’s gambling regulation is on the right track; Pennsylvania legislators postponed an online gambling vote until the fall but 888 Holdings started marketing in the state anyway; PokerStars failed to cure New Jersey’s online poker summer slump but New Jersey reached an agreement in principle on a liquidity sharing deal with the UK; Quebec’s plan to block online gambling domains got its first official challenge; virtual sports specialists Inspired Gaming was sold to a New York acquisition vehicle; MGM Resorts launched online slots tournaments at nine Vegas casinos; Larry Flynt threatened to walk away from his Normandie Casino purchase and federal watchdogs fined Hawaiian Gardens Casino $2.8m over AML lapses; West Virginia labeled daily fantasy sports a game of skill while Maryland proposed DFS consumer protections; Dickinson Wright attorney Robert Stocker sees no future for DFS in Latin America; an NFL attorney hinted that the league was internally divided over its anti-betting stance; Lee Davy recapped all the action at the World Series of Poker 2016 while Rafi Farber warned that the WSOP won’t save Caesars Entertainment.

EUROPE

Playtech acquired betting software rival Best Gaming Technology; the UK Gambling Commission warned licensees not to advertise on file-sharing websites; Russia’s communications watchdog threatened payment processors over online gambling links; GVC Holdings saw H1 revenue spike as punters bet more and won less; NetEnt profits jumped 46% in the first half of 2016; UK gambling operators boosted TV ad spending 17% last year; the Brexit vote played havoc with Genting Malaysia’s share price; UK lottery players protested Camelot’s decision to hike EuroMillions ticket prices; Betfair signed a global betting partnership with FC Barcelona and Becky Liggero revealed her top five takeaways from the World Gaming Executive Summit 2016.