The UK government confirmed last fall that it would launch a crackdown into the gambling industry’s FOBTs sector by cutting the maximum stake.Facing criticism from the FOBTs opponents, MPs have denied that KPMG’s report had influenced their own analysis.

Indian boxer Vijender Singh has signed with PokerBaazi in a bid to promote both the site and poker across the country.We are looking forward for a long-term association with Vijender Singh,” PokerBaazi’s Sing said in a January 22 press release.

A few more details about the nearing regulation of Sweden’s online gambling market emerged late last week.The provisions covered several important areas, including licensing, taxation, and protection of gambling customers, once the Scandinavian country’s new gambling laws come into effect.

Fixed-odds betting terminals will ultimately have their maximum stake cut to £2, The Sunday Times reported citing unnamed sources close to UK’s new Culture Secretary Matt Hancock.It published its review last October, stating that it would cut the maximum stake gambling customers could bet on FOBTs.

Doug Polk already has more than 100,000 subscribers on his cryptocurrency YouTube channel after uploading just 20 videos.Formula for YouTube Success For the past two years, Polk has posted regular content on his poker YouTube channel, which currently has more than 166,000 subscribers.

The Dutch Gaming Authority, Kansspelautoriteit, said in a Friday statement that cryptocurrency investment regulation does not fall under its purview.The gambling regulator also revealed that it had conducted extensive research to determine the essence of investing in cryptocurrencies, of the virtual currencies themselves, and of the technology that powers them.

com) After finishing the year with a lousy December performance, Delaware’s online gambling market saw an 18 percent decline in revenue for 2017 compared to the previous year, with the state’s three online casinos combining to generate just $2.In 2016, Delaware’s online casinos raked in a not-so impressive $376,000 from poker.

Two Wichita, Kansas, police officers and a state highway patrol trooper have been charged with obstructing an FBI investigation following an illegal poker game.The FBI in Kansas busted an illegal poker game that turned out to be quite popular with state and local law enforcement officers.

The 2018 Lucky Hearts Poker Open festival is taking place right now at the Seminole Hard Rock Hotel & Casino in Hollywood Florida.“I get drunk now,” Stefan Schillhabel said after winning the Lucky Hearts Poker Open $50K Super High Roller for $493K.

Professor Barrow said in his report that the new gambling venues would likely not be able to generate as much revenue during their first year of operation as they had promised.According to the gambling expert, the casinos would cannibalize proceeds from each other and from the other gambling venues in the region, instead of producing new revenue.

Las Vegas casino operator MGM Resorts International is planning to open its latest hotel and casino property in September.It has recently become clear that training courses for table game dealers will begin on February 26 and will run through the end of July.

The Philippines, Australia and Macau Magnates Join Forces in a Casino Deal The Philippines is the country which invented the karaoke and yo-yo.A country with over 7,000 tropical islands, and over a 100 million inhabitants is yet to be fully discovered by the rest of the world.

Buffalo, New York-based gaming and hospitality company Delaware North Companies confirmed on Thursday that it would buy Mardi Gras Casino & Resort in Cross Lanes, West Virginia for an undisclosed price.The casino portion of the property was first launched in 2008, a year after casino gambling was legalized in its home state.

This year’s $2,700 Main Event at the Beau Rivage Million Dollar Heater in Biloxi, Mississippi, drew 175 entries to create a $437,500 prize pool, easily surpassing its advertised $300K guarantee.(Image: WPT) Miles Ahead of Competition The Beau Rivage, an MGM Resorts property, is a 1,740-room casino resort on Mississippi’s Gulf Coast.

The winning hand, quads over quads, in the largest bad beat jackpot in US history at Motor City Casino in Detroit, Michigan.) It’s rare for any poker room’s bad beat jackpot to come even close to hitting $1 million.

The Dutch government is ready to move forward with the privatization of the state-run casino operator Holland Casino, local media reported.It was last year when the Lower House of the former Dutch government approved the proposed privatization of Holland Casino.

There was a noticeable lack of German players at this year’s PokerStars Caribbean Adventure, and that’s because WPT European Championship was being held right in their own backyard, at Casino Spielbank in Berlin.(Image: WPT) One of Germany’s Best The €3,300 ($4,037) WPT European Championship attracted 339 entries, generating a $1,194,335 prize pool.

A new play in Chicago called “Flamingo and Decatur” takes place in Las Vegas.The comedic drama is centered around the life of a poker player living down the street from the Rio in 2008, as the local housing market collapsed.

The Asian Poker Tour returns with a new season this weekend.It marks the first of seven events on the 2018 calendar for the Asian Poker Tour, at a time when a new class of highly accomplished Asian pros is starting to emerge.

As many as 300 executives and administrative employees are expected to move in the new offices; around 50 have already moved in, local media reports.Located at 95 State Street in the central part of Springfield, the building that accommodates the operator’s new offices was originally constructed in 1929.