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Japan’s Prime Minister stresses on fair selection of casinos

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Japanese Prime Minister Shinzo Abe has reiterated the need for a fair selection of locations for the country’s first integrated resorts with casino floor.

He termed process of conducting fair, unbiased, and transparent screenings as a crucial step. The locations will be selected during a Friday meeting of the Diet’s House of Representatives Committee.

The Japanese government is currently planning to introduce Integrated Resort Implementation Bill, which would pave the way for the formation of the country’s casino industry after lawmakers approved the legalisation of casino gambling in late 2016. Generally speaking, the Implementation Bill will set out the rules under which integrated resorts with casinos would be operated.

The legislative piece, currently under deliberation in the Diet’s lower chamber, calls for the initial construction of up to three casino resorts in three different locations across Japan. According to analysts, the move could create a $25 billion gaming industry, or the world’s second-biggest casino market. Some of the world’s biggest gaming and hospitality companies have already set sights on Japan and have presented preliminary multi-billion IR plans.

While the Diet is yet to select the preferred locations for the country’s first integrated resorts, some clear favourites have emerged as the potential hosts of the properties. Osaka has been the most popular potential location among the early favourites, with Hokkaido and Nagasaki being some of the other places to have been mentioned in media outlets in relation to the future establishment of casino resorts. The participation of all three in the casino location selection process has been heavily supported by their local governments.

Chiba, a prefecture located just outside Tokyo and home to Disneyland, has too recently gained attention as a local group of small businesses has pointed to its convention centres and the country’s largest airport as well as to the strong resident support as factors that would gain its advantage in the casino location selection process. However, Chiba’s participation in that process has not been endorsed by the local government yet.

It is believed that the Diet’s lower chamber will vote on the bill next week, possibly on June 7. The piece will then have to be reviewed and voted by the House of Councillors, the government’s upper chamber.

The Diet’s regular legislative session is slated to end on June 20, but reports have emerged that lawmakers are considering extending it to the end of June or early July to provide themselves with enough time to pass the legislation.

Source: CasinoNewsDaily

Source: European Gaming Media and Events

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Google Allows NJ iGaming Companies to Advertise Using Google Ads

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Google has updated its Google Ads policy. The behemoth tech corporation will now allow sports betting companies in New Jersey to advertise using the Google Ads.

This decision is a complete reversal of a previous decision by the company to narrow down the presence of gaming apps in the Google Play Store. A number of high-level gaming executives especially in New Jersey have welcomed the new decision.

According to Yaniv Sherman, an 888 executive, the new Google Ads policy update would enable the company to have “a competitive edge, and it broadens the marketing pie for us to choose from.”

The new version of the Google Ads policy is very effective in helping its users to differentiate between regulated-market operators and unlicensed sites targeting users from other parts of the world.

“The Google ads policy on gambling and games will change in june 2019 to allow state-licensed gambling entities to promote sports betting content in new jersey, as part of a limited beta. After the update, advertisers who wish to promote online sports betting content in new jersey must submit a gambling certification request through the updated policy page,” reads a section of the update.”

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Google Allows NJ iGaming Companies to Advertise Using Google Ads

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Newgioco Appoints Two Independent Directors to its Board

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Newgioco Group Inc., a global sports betting and gaming technology company, has appointed Paul Sallwasser and Steven A. Shallcross as the independent directors of the Board. Sallwasser and Shallcross will also serve on the audit committee, the compensation committee, and the nomination and corporate governance committee of the Board.

“As a key first step towards accomplishing the goals stated in our recent Letter to Stockholders, we are very pleased to announce today the appointment of Paul and Steven to the Board and expect to announce a third independent member in the near future,” Michele (Mike) Ciavarella, CEO said.

“The accomplished caliber of our new Board members and their willingness to work with Newgioco is a testament to our commitment to good corporate governance. Their combined experience with publicly listed companies and SEC reporting will strengthen our ability to understand and address the needs of all our stakeholders. I look forward to working harmoniously with our Board and management team to accelerate the positive momentum of our leading-edge ELYS betting platform in the US sports betting market,” Ciavarella added.

Mr. Sallwasser currently serves as the CEO of the Florida Community Health Network and a director of Youngevity International, Inc. He is a certified public accountant and began his career with Ernst & Young LLP in South Florida. He spent 39 years as a partner of the firm serving some of the largest publicly traded and government healthcare and biotechnology companies across the southeastern United States.

Mr. Shallcross currently serves as CEO, CFO, and Director of Synthetic Biologics, Inc. and is a certified public accountant and senior executive with over 25 years of comprehensive international, financial and operational experience.

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Newgioco Appoints Two Independent Directors to its Board

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MGA Cancels the Gaming Licence of ASAP Italia SRL

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The Malta Gaming Authority has cancelled the gaming licence of ASAP Italia SRL. ASAP Italia SRL has thus been directed to proceed with the cancellation process of the authorisation, and to suspend all gaming operations with immediate effect.

In addition, a notice on the Authorised Person’s website is to be displayed informing all players that the Authorisation has been cancelled.

Due to the cancellation of the licence, ASAP Italia SRL is, therefore, not authorised to continue conducting gaming by means of distance communications under an Authority licence.

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: MGA Cancels the Gaming Licence of ASAP Italia SRL

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