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England legend to make weekly picks with users given the chance to win £1 million

Friday 10^th August, 2018: With the summer transfer window now closed, Grosvenorsport.com have announced a star signing of their own – England and West Ham legend Sir Geoff Hurst, who has been enlisted by the online bookmaker to help launch Grosvenor Goals for the 2018/19 season.

Hurst, who famously scored a hat-trick in the 1966 World Cup final, will be providing weekly picks, blogs, and other content as a brand ambassador for Grosvenor Goals, which gives users the chance to win £1 million, if their 10 chosen players are all first goal scorers in a given game week.

The free-to-play game, which will be running throughout the 2018/19 season, will also offer £10k for anyone who predicts 10 anytime goal scorers from their selections, with a £10 free bet to those who successfully picks three or more first scorers each week.

Sir Geoff will play his part too – if he selects four or more first goal scorers in a game week, all users who play Grosvenor Goals that week will win a £10 free bet.

Steve Munns, Head of Sport at Grosvenorsport.com, said: “As one of England’s greatest ever goal scorers, we’re delighted to announce the signing of Sir Geoff Hurst as a brand ambassador for Grosvenor Goals.

“Sir Geoff certainly knew where the back of the net was as a player – and let’s hope he’s just as shrewd when picking which players will score each week.

“With a top prize of £1 million to be won each week, we hope fans up and down the country will follow Sir Geoff’s lead and pick their Grosvenor Goals scorers for a chance to win.”

Sir Geoff Hurst, said: “I’m delighted to front Grosvenorsport.com’s Grosvenor Goals campaign, where I’ll be putting my goalscoring knowledge to the test each week.

“With rewards given out every time I get at least four out of ten right, let’s hope I can win Grosvenor Goals users a good few free bets across the season.”

About Grosvenor Sport

Grosvenorsport.com is the online and mobile sportsbook from Grosvenor Casinos.

Grosvenor Casinos is part of The Rank Group plc (‘Group’), a leading gaming and betting business based in the UK and listed on the London Stock Exchange (RNK.L). Grosvenor Casinos also operates 54 casinos across the UK.

Source: Press Releases Published on European Gaming Media Network…

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VALLETTA, Malta, Aug. 10, 2018 – Kindred Group has formally applied for a licence to operate betting and online gambling services in Sweden. A successful application will mean that Kindred can finally compete on equal terms in Sweden and strengthen its commitment to Swedish society.

Since its foundation twenty years ago, Kindred Group (previously Unibet Group) has fought for a modern gambling regulation in Sweden, giving consumers the gambling experience they require in a safe and secure environment. An important step in this direction was taken in June when the Swedish Parliament voted to re-regulate the gambling market.

Kindred has today formally applied for a gambling licence to operate betting and online gambling services in Sweden, which is in line with the Group’s long-term strategy to operate in locally licenced markets. At the end of the second quarter of 2018, 43 per cent of Gross Winnings Revenue was derived from locally regulated markets.

“It is very satisfying that we finally can take this important step towards fair and equal terms within the Swedish market, competing on the same level as other operators. Kindred has always applied great effort to understanding what our customers want, giving them a great experience in a safe and secure environment with the highest responsible gambling standards”, says Henrik Tjärnström, CEO of Kindred Group.

“What is even more pleasing is that we can extend our commitment to Swedish society through different sponsorships and partnerships. Already in the days following the Parliament’s ruling in June, we have demonstrated our ambition by signing a twelve-year sponsorship deal with the Swedish Elite Football Association”, continues Henrik Tjärnström.

Subject to approval of its licence application, Sweden will become Kindred’s thirteenth locally licenced market.

For more information:

Peter Alling
Head of Public Affairs Nordics
+46-72-2505287
[email protected]

Alexander Westrell
Group Head of Communications
+46-73-7071686
[email protected]

Source: Press Releases Published on European Gaming Media Network…

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LAS VEGAS, Aug. 10, 2018 – Caesars Entertainment Corporation (NASDAQ: CZR) (“Caesars Entertainment” or “Caesars”) today announced that its Board of Directors has increased its share repurchase authorization to $750 million of the company’s outstanding common stock.

Since announcing the initial $500 million repurchase authorization on May 2, 2018, the company has acquired 23 million shares of its common stock, which equates to approximately 3.3% of the company’s outstanding shares. The purchases were made at an average price of $10.22 per share for a total of $232 million. With today’s increase in authorization, the company has $518 million remaining under its repurchase program.

“The increased repurchase authorization is a result of our confidence in the company’s operating performance and allows us to take advantage of current market dynamics and strategically return cash to shareholders,” said Mark Frissora, President and Chief Executive Officer. “We have ample capacity to pursue our strategic growth initiatives and opportunistically execute the buyback. The Board and management are fully committed to increasing shareholder value.”

Caesars Entertainment also announced it does not have immediate plans to engage in a transaction involving its convertible notes. In June, the company filed a registration statement to exchange its convertible notes for the common stock into which they are convertible plus a cash payment. The company plans to revisit the transaction at a later date. The company is still targeting a 4.5x gross leverage by the end of 2021.

Repurchases under the company’s share repurchase program may be made at the company’s discretion from time to time on the open market or in privately negotiated transactions. The repurchase program has no time limit, does not obligate the company to make any repurchases and may be suspended for periods or discontinued at any time. Any shares acquired will be available for general corporate purposes. Caesars Entertainment intends to finance the share repurchase program using cash from operations.

About Caesars Entertainment Corporation

Caesars Entertainment is the world’s most diversified casino-entertainment provider and the most geographically diverse U.S. casino-entertainment company. Since its beginning in Reno, Nevada, in 1937, Caesars Entertainment has grown through development of new resorts, expansions and acquisitions and its portfolio of subsidiaries now operate 49 casinos in 13 U.S. states and five countries. Caesars Entertainment’s resorts operate primarily under the Caesars^®, Harrah’s^® and Horseshoe^® brand names. Caesars Entertainment’s portfolio also includes the Caesars Entertainment UK family of casinos. Caesars Entertainment is focused on building loyalty and value with its guests through a unique combination of great service, excellent products, unsurpassed distribution, operational excellence and technology leadership. Caesars Entertainment is committed to environmental sustainability and energy conservation and recognizes the importance of being a responsible steward of the environment. For more information, please visit www.caesars.com.

Source: Press Releases Published on European Gaming Media Network…

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Asia Live Tech have been shortlisted for the category of Product Innovation of the Year certainly becoming a monumental moment in Asia Live Tech History.

Asia Live Tech is The First Bitcoin iGaming Software Provider in Asia. We provide cost-effective white label solutions, product integrations, online gaming products, iGaming offices for rent. Our iGaming platform & games all support multiple cryptocurrencies such as Ethereum, Bitcoin Cash, Litecoin, Ripple etc.

Within the span of a few years, Asia Live Tech has become one of Asia’s most trusted brands in the iGaming industry hence earning the trust of well known firms. We constantly push to surpass our own achievements through evolving methodologies, development practices and qualitative systems.

Asia Live Tech Offerings

Asia Live Tech’s flagship product apart from our iGaming platform is our very own Live Dealer Online Casino Games. Our Live Dealer Games include Baccarat, Roulette, Sic Bo, Fan-Tan, Xoc Dia, Dragon Tiger and Belangkai.

All Asia Live Tech games are cryptocurrency ready which gives an edge to a potential operator. This means that by choosing the Asia Live Tech Cryptocurrency White Label iGaming platform thus it would put an operator in the driver’s seat, ready to take on the cryptocurrency iGaming world.

Asia Live Tech thanks you for your continuous support hence paving the path for this moment. Do get in touch for a statement or to simply learn more by emailing at [email protected]

Source: Press Releases Published on European Gaming Media Network…

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A new study has emerged evaluating the impact of off-shore gambling websites in Australia.

The online gambling policies have been changed and modified in the country over the years with a focus on curbing illegal gambling sites.

In spite of all the policy formulations, offshore gambling sites are only getting more popular in Australia. According to recent estimates, offshore online betting in Australia ranges from A$63.9 to $400 million. Some predict this will grow to $910 million by 2020.

These gambling websites not only pose potential harm to consumers in the form of fraudulent and deceptive dealings, but also have long-term consequences through reducing the tax dollars generated by the licensed market.

Despite many convincing reasons for governments to restrict the use of offshore gambling, the challenges of doing so create headaches for governments around the world.

Many consumers turn to offshore sites for more competitive odds and bonus offerings, thanks to the sites’ ability to bypass domestic regulatory requirements.

You can find a full research on the following link: http://theconversation.com/education-not-restriction-is-key-to-reducing-harm-from-offshore-gambling-100516

Source: Latest News on European Gaming Media Network…

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Prize Claim Subject to Insider Win Process

TORONTO, Aug. 9, 2018  – Pedro Pereira Da Rocha of Toronto is one step closer to claiming his lottery win of $10,000 from INSTANT X MONEY (Game #2050).

As Pedro’s wife is an employee at an OLG retail location, this prize falls within OLG’s definition of an Insider Win.

As of today’s date, this prize claim has completed the first step of a two-step Insider Wins process, which is an independent investigation of the claim by a third-party working in partnership with OLG’s regulator, the Alcohol and Gaming Commission of Ontario (AGCO).

To complete the prize claim, the prize will be held for a 30-day waiting period as part of OLG’s Insider Wins process, in order for OLG to publicize the win. If there are no additional claims on this prize, it will be paid to the claimant on September 7, 2018 based on this 30-day wait period.

If the pay date falls on a day that is not a business day, then the following business day shall be deemed to be the pay date.

The ticket was purchased at Nova Era Bakery & Pastry Inc on Dundas Street in Toronto.

For more information please visit Claiming Prizes for Insiders on OLG.ca.

OLG is the Ontario government agency that delivers gaming entertainment in a socially responsible manner. OLG conducts and manages gaming facilities, the sale of province-wide lottery games, PlayOLG Internet gaming, the delivery of bingo and other electronic gaming products at Charitable Gaming Centres and is helping to build a more sustainable horse racing industry in Ontario. Since 1975, OLG has provided nearly $47 billion to the Province and the people of Ontario. These payments to the province support the operation of hospitals, amateur sport through the Quest for Gold program, local and provincial charities and problem gambling prevention, treatment and research.

All for Here – 100 per cent of OLG’s proceeds are invested in Ontario
OLG.ca 
Follow on Twitter @OLGtoday

PlaySmart.ca
Knowledge you can bet on.
Follow on Twitter @PlaySmartOLG
THE ONTARIO PROBLEM GAMBLING HELPLINE 1-888-230-3505

Disponible en français

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MIDDLETOWN, Pa., Aug. 10, 2018 – A jackpot-winning Pennsylvania Lottery Cash 5 ticket sold in Clearfield County for the Thursday, August 9, drawing matched all five balls drawn, 07-13-18-38-42, to win $650,000, less withholding.

Morrisdale Minit Mart, 3904 Morrisdale-Allport Highway, Morrisdale, earns a $5,000 bonus for selling the big winning ticket.

Winners are unknown until prizes are claimed and tickets validated. Cash 5 prizes expire one year from the drawing date. Anyone holding a jackpot-winning Cash 5 ticket should sign the ticket and contact the nearest Lottery office for further instructions.

More than 42,700 other Cash 5 tickets also won prizes in the drawing. Players should check every ticket, every time, and claim lower-tier prizes at a Lottery retailer.

Visit the Winners and Benefits pages at palottery.com to review how much money each county receives in Lottery prizes and funding to benefit older Pennsylvanians.

How to play Cash 5: Players pay $1 and select five numbers from 1 to 43. Players may select their own numbers using a Cash 5 playslip or opt for computer-selected quick picks. Players must match all five numbers drawn to win the jackpot. Players also win prizes for matching two, three or four winning numbers. Cash 5 is drawn each evening and tickets can be purchased up to seven draws (one week) in advance. Chances of winning the jackpot prize are 1 in 962,598; the overall chances of winning any prize are about 1 in 10.5.

About Us: The Pennsylvania Lottery remains the only state lottery to direct all proceeds to programs that benefit older residents. Since ticket sales began in 1972, it has contributed $29 billion to fund property tax and rent rebates, transportation, care services, prescription assistance, and local services including senior centers and meals.

Players must be 18 or older. Please play responsibly. Call 1-800-GAMBLER (1-800-426-2537) for help with a compulsive gambling problem.

Visit palottery.com for winning numbers, rules, chances of winning, and to join the VIP Players Club for second chances to win. Play online at pailottery.com. Install our official mobile app, like us on Facebook and follow us on Instagram and Twitter @PALottery.

MEDIA CONTACT: Lottery Media Relations, 717-702-8008

Source: Press Releases Published on European Gaming Media Network…

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UNCASVILLE, Conn., Aug. 10, 2018 /PRNewswire/ — Mohegan Gaming & Entertainment (MGE), operators of Mohegan Sun in Connecticut and Pennsylvania and manager of multiple properties throughout the United States and internationally, today announced the appointment of three new senior executive staff members to support its growing and dynamic brand. Effective immediately, Drew M. Kelley, Senior Vice President and Chief Financial Officer, Barbara Kenney, Senior Vice President and Chief Human Resources Officer, and Richard Lindsay, Senior Vice President and Chief Development Officer, have officially joined the Mohegan Gaming & Entertainment team and will apply their expertise to lead the company into its next phase of growth.

“Mohegan Gaming & Entertainment is pleased to have Drew M. Kelley, Barbara Kenney and Richard Lindsay join our team of senior executive leaders to support and oversee the continued development of our company throughout the U.S. and abroad,” said Mario Kontomerkos, Chief Executive Officer of Mohegan Gaming & Entertainment. “As MGE develops into the premier global gaming and entertainment company over the coming years, the investment of time and effort we are dedicating to forming a highly experienced and skilled senior executive team will undoubtedly result in solidifying our position as a worldwide industry leader in integrated resort experiences.”

Mohegan Gaming & Entertainment appointed Drew M. Kelley as Senior Vice President and Chief Financial Officer, bringing a significant background in investment banking specialized in gaming, hospitality and leisure to the company. In his new role, Kelley reports to CEO Mario Kontomerkos, providing executive leadership and strategic direction for all aspects of the company’s financial activities, while addressing key areas for opportunity and implementing tactics to accelerate growth for MGE. As CFO of Mohegan Gaming & Entertainment, Kelley is also responsible for communicating with the Mohegan Tribal Chairman and Tribal Council regarding all financial matters to further support the efficiency of the company’s overall business plan. Before accepting the role with MGE, Kelley served as interim CEO of ARC Group Worldwide, Inc. and spent many years as the company’s CFO during the years prior.  In addition, Kelley spent more than 10 years in progressive levels of investment banking and equity research with several leading Wall Street firms, including Merrill Lynch & Co., Bear, Stearns & Co. Inc., and Jefferies LLC, serving as advisor to numerous gaming and entertainment companies.

As the new Senior Vice President and Chief Human Resources Officer of Mohegan Gaming & Entertainment, Barbara Kenney develops the overarching global Human Capital Strategy to drive continued growth for MGE, while also overseeing all facets of human capital and guest service. In addition to her key focuses and day-to-day responsibilities, Kenney partners with MGE’s CEO and senior leadership to provide strategic direction, tactical planning and operational insight for all human capital functions across the brand portfolio, including all of Mohegan Sun’s owned and operated properties in the United States and Asia. Prior to joining MGE, Kenney served as the Vice President of Human Resources for The Hartford Financial Services Group for 11 years, where she drove various business transformations and comprehensive redesigns of the organization to create greater capabilities and bottom line results.

Additionally, Richard Lindsay joins the Mohegan Gaming & Entertainment team as Senior Vice President and Chief Development Officer and is responsible for overseeing, directing and managing the business development and growth opportunities for MGE, including identifying, negotiating and creating strategic deals both internationally and domestically. As Senior Vice President and Chief Development Officer, Lindsay will work closely with the CEO and executive leadership to drive the company’s strategic vision of becoming world-renowned as a premier, global integrated resort and entertainment brand. Before joining the MGE team, Lindsay worked with John Buck Company and Kerzner International and brings decades of experience developing world-class resorts in global markets including Abu Dhabi, Dubai, New Delhi, England, Germany and Mexico.

ABOUT MOHEGAN GAMING & ENTERTAINMENT
Mohegan Gaming & Entertainment (MGE) is a commercial gaming company headquartered in Uncasville, Connecticut at the home of its flagship property, Mohegan Sun. MGE is owner, developer, and/or manager of integrated resorts throughout the United States, including Connecticut, New Jersey, Washington, Pennsylvania, and Northern Asia. MGE are owners and operators of Connecticut Sun, a professional basketball team in the WNBA and New England Black Wolves, a professional lacrosse team in the National Lacrosse League. For more information on MGE and our properties, visit www.mohegangaming.com.

Source: Press Releases Published on European Gaming Media Network…

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Lee Moonves, current CEO at CBS, the leading broadcaster in the USA, foresees that advertisement revenue is set for a leap for a leap following the US Supreme Court’s repeal of sports betting ban.  He said that the development would “create a whole new ad category as well as drive demand across our sports-related content.”

Advertising generates around 38 per cent of the company’s present revenue. He added, “We had another terrific upfront with healthy demand in daytime, news, primetime and late night. CPMs were up high single to low double digits across dayparts and volume grew as well.” An upfront is a gathering of network executives, media and advertisers at the beginning of important sales periods.

Moonves went on to say, “Our programming was well received and we sold a number of units for the Super Bowl and the Grammys which we have on back-to-back weekends in the first quarter of 2019. This is also the first time we went into the upfront marketplace with our integrated broadcast and digital sales teams, and the results were significant. Digital volume was up nearly 40 per cent and we continue to leverage the power of targeted digital advertising with the huge reach of broadcast TV.”

When asked about sports betting, the executive indicated that he feels that it will start as a “local phenomenon.” He points to the newly established sports betting market in New Jersey, indicating that CBS will more than likely see an increase in revenue at its Philadelphia station before spreading to other locations, such as New York.

Moonves also touched on the recent deal between the NBA and MGM, and the amount of money sports betting companies such as FanDuel and DraftKings have sunk into advertising. He said, “So we think it’s a category that has an unbelievable upside. What that is I don’t know, but because of our local marketplace we’re ready there. The good news is this is also going to help the ratings on all our sports events, so that’s a positive to us.”

No indication was given as to what CBS might earn from sports gambling advertising. However, a recent report by Morgan Stanley analyst Ben Swinburne revealed that around $1 billion in paid sports betting-related advertising could be seen by 2023. Of that amount, TV would receive around 75 per cent, of which CBS could pick up between 1.5 to 3.1 per cent.

Source: calvinayre.com

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Rodrigo Duterte, the president of the Philippines has ruled out the licensing of any new casinons during his presidency. He said he “hates gambling,” following the freezing of Landing International’s $1.5 billion integrated casino project in Manila.

Duterte on Tuesday ordered a review of Landing’s contract on the same day it broke ground on its project, arguing it put the government at a disadvantage because the rental payment was too cheap and the lease too long.

He reiterated his longstanding opposition to gambling and said he wanted no new casinos.

“I hate gambling. I do not want it,” Duterte said during a public speech, without elaborating. “There will be no casinos outside of what are existing. I am not granting anything.”

The notoriously blunt Duterte ordered the gaming operator in January to stop accepting new applications in a bid to prevent overcrowding in the sector and manage its growth.

At the end of last year, there were nine private casino firms in the Philippines operating 1444 gaming tables and 9427 electronic gaming machines, according to government data.

Gross gaming revenues rose 11.6 per cent to 176.5 billion pesos ($3.33 billion) last year.

Since the halt in new applications, two foreign firms, Macau’s Galaxy Entertainment Group and Landing, have secured provisional gaming licenses.

It was not immediately clear whether other applications submitted prior to January and pending approval would be impacted.

Officials of the gaming regulator were not immediately available for comment.

Landing said on Wednesday it has nothing to add to its statement issued on Tuesday, which said the integrated resort project was pushing through and its lease contract was valid.

Source: reuters.com / Original Reporting by Neil Jerome Morales; Editing by Martin Petty and Nick Macfie

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