Connect with us

Industry News

Partypoker Merges French and Spanish Player Pools

Published

on

Reading Time: 2 minutes

Partypoker, the online Poker Operator headquartered in Isle of Man, has merged its French and Spanish player pools. With this, it will enter the shared online poker liquidity scheme, over four months after the scheme was launched.  The scheme expected to become a boon for the game across Europe’s segregated markets.

Partypoker confirmed late last week that its .eu platform went live yesterday and would give Spanish and French customers the opportunity to play against each other. To celebrate its participation into the shared liquidity project, the operator, owned by gambling giant GVC Holdings, will more than double its multi-table tournament (MTT) schedule for its French players. As for Spanish players, they would be able to play MTTs for the first time in a while, as partypoker had previously pulled the format from Spain.

The poker brand has already upgraded its .es website ahead of merging its Spanish and French pools and revealed last week that more updates and improvements would be rolled out across both its .es and .fr clients in the months to come.

Partypoker has recruited French poker star Bertrand Grospellier to promote its .eu endeavour. Grospellier joined the operator’s cluster of sponsored brand ambassadors after leaving PokerStars Team Pro in January.

The gambling regulators of France, Spain, Portugal, and Italy signed last a shared online poker liquidity agreement that would allow operators licensed in the four markets to merge their player pools and thus hopefully give a much-needed boost to online poker across Europe’s ring-fenced markets.

PokerStars was the first operator to launch shared poker tables in January 2018. The operator first merged its French and Spanish pools. Its Portuguese website joined the shared European pool mere days ago.

The shared liquidity project is in its initial stages and it would be difficult to say how it would develop and whether it would indeed improve Europe’s online poker scene. On the other hand, it seems that some of the participating countries already enjoy some benefits from the scheme.

Spain’s gambling regulator, Dirección General de Ordenación del Juego (DGOJ), published late last month its latest quarterly report about the state of the country’s online gambling market. The figures reported showed that online poker revenue grew significantly during the first quarter of the year.

Total poker revenue amounted to €21.5 million during the three months ended March 31, 2018. Cash game revenue totalled €8.4 million, up 30 per cent year-on-year, while revenue from online poker tournaments reached over €13 million. Tournament poker jumped more than 50 per cent from the first quarter of 2017, DGOJ reported. Cash game spending grew more than 18 per cent, while tournament fees surged over 40 per cent during the reviewed period.

France, on the other hand, saw a slight drop in cash game revenue to €24.1 million during the first quarter of the year, despite the 18 per cent increase in cash game spending. Tournament revenue rose 15 per cent year-on-year to €44.8 million and tournament fees grew 14 per cent.

Source: CasinoNewsDaily

Source: European Gaming Media and Events

Continue Reading

Industry News

Google Allows NJ iGaming Companies to Advertise Using Google Ads

Published

on

By

Google Allows NJ iGaming Companies to Advertise Using Google AdsReading Time: 1 minute

 

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

Continue Reading

Industry News

Newgioco Appoints Two Independent Directors to its Board

Published

on

By

Newgioco Appoints Two Independent Directors to its BoardReading Time: 1 minute

 

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

Continue Reading

Industry News

MGA Cancels the Gaming Licence of ASAP Italia SRL

Published

on

By

MGA Cancels the Gaming Licence of ASAP Italia SRLReading Time: 1 minute

 

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

Continue Reading
Advertisement
NSoft

Trending