Day: 17 August 2017

Rank Group Faces Disappointing Annual Results Despite Strong Digital Arm Performance

Thu 17 Aug 2017 15.42 Olivia Cole
Rank Group Faces Disappointing Annual Results Despite Strong Digital Arm Performance

Today, the British Gambling operator Rank Group has reported decreasing profits and revenues over the twelve months ended on June 30th, 2017. The company had announced disappointing results, with the strong performance of its digital arm failing to neutralise the negative effects of the strong decline registered at the operator’s land-based venues. The Chief Executive Officer of the Rank Group, Henry Birch, commented on the gaming company’s full-year performance, describing the first half of Rank’s financial year as challenging. Still, he insisted that the Group’s management team was very pleased…

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Foxwoods Casino Sees 2017/18 WSOP Circuit Second Stop Kick Off on August 17th

Thu 17 Aug 2017 13.30 Harry Evans
Foxwoods Casino Sees 2017/18 WSOP Circuit Second Stop Kick Off on August 17th

The Foxwoods Casino in Mashantucket, Connecticut is to see the second stop of the 2017/2018 World Series of Poker (WSOP) Circuit kick off on Thursday. The twelve ring events are to be held from August 17th to August 28th, 2017. The second stop of the tournament is to be held over a period of ten days, featuring a variety of events with different buy-ins and prize pools. Action is to start on August 17th with a $365 buy-in No-Limit Hold’em event with a guaranteed prize pool estimated to $30,000. As…

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Glenn Straub Faces Criminal Investigation in Florida for False Lien Claims

Thu 17 Aug 2017 10.30 Daniel Williams
Glenn Straub Faces Criminal Investigation in Florida for False Lien Claims

Glenn Straub, owner of the former Atlantic City’s Revel Casino is facing an investigation in Florida. Local authorities have initiated the investigation over allegations that he had placed fraudulent liens on his ex-girlfriend’s property. The criminal investigation is being carried out by the Broward County State Attourney’s Office. According to the allegations, earlier in 2017,the company of Glen Staub put a $64,400 lien on his former girlfriend Jessica Nicodemo’s ranch property for fencing and road work that was not paid for. Another lien had reportedly been placed on her townhouse,…

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CasExe Research Highlights iGaming Operators’ Difficulties with Fraud, Payment Systems and Content

Thu 17 Aug 2017 8.55 Daniel Williams
CasExe Research Highlights iGaming Operators’ Difficulties with Fraud, Payment Systems and Content

A recent survey carried out by the research department of the gaming software developer CasExe, revealed that most iGaming operators face fraud-related problems. The survey, which was conducted from in the period from Jule to July 2017, determined that 94% of gaming companies have regular problems with fraud. A total of 50 gambling companies that operate in Europe and the Commonwealth of Independent States (CIS) took part in the survey conducted by the research department of CasExe. Graph taken from CasExe Fraud As mentioned above, the majority of the survey’s…

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