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Gamstop appoints Jenny Watson as the new chair

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Gamstop, a US-based video game and consumer electronics provider, has appointed Jenny Watson as the new chair of the organisation’s National Online Self-Exclusion Scheme.

The appointment of Watson, a former chair of the UK’s Electoral Commission, will trigger a series of changes to board positions in advance of the full launch, Gamstop said.

“My immediate priorities will be to recruit additional independent board members and to put in place an initial evaluation of the scheme following the first six months of operation, which will help Gamstop’s future development,” said Watson, currently the chair of The House of St. Barnabas, as well as the Portman Group’s Independent Complaints Panel.

However, although there is still a need to bring in new board members, Gamstop is anticipating a formal launch “to take place soon” despite delays since the initiative was first unveiled nearly 16 months ago.

The UK’s new national online self-exclusion scheme, supported by the Remote Gambling Association, was revealed in June 2017.

A formal launch was initially earmarked for before the end of last year, before in December the target date was postponed until spring 2018.

Reynolds-Jones, who did not elaborate on the reasons for the delays in the formal launch so far, added that “exact numbers have not yet been identified” for the independent board director roles. However, she added that they would have “specific skillsets and experience to further develop the governance and values of the scheme.”

The scheme will enable UK consumers to exclude themselves via a single website process from all online gambling operators that are licensed by the Gambling Commission.

The website will also set out other measures that are available to help people manage their gambling and will signpost specialist advice and support services for those who might benefit from it.


Source: European Gaming Media

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Mobile Betting Bill Fails to Progress Through New York Assembly

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Senator Joseph Addabbo’s mobile betting bill has failed to progress through the New York Assembly. The legislative session saw S17 fail to progress beyond the Assembly Standing Committee on Codes.

Addabbo tweeted that he saw no clear reason why the state could not implement mobile sports betting in 2019. Failure to do so would see the state miss out on around $75m in revenue, funding for education, and both job creation and retention.

“NY will be stuck like a disabled car on the shoulder, while we allow an illegal sports betting business in our state thrive and idly watch other neighboring states pass us up with enormous revenue gains from mobile sports betting,” Addabbo said.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Mobile Betting Bill Fails to Progress Through New York Assembly

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Eldorado Resorts to Buy Caesars Entertainment Corp

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Eldorado Resorts Inc., the US based casino operator, has agreed to merge with Caesars Entertainment Corp through a $17.3 billion cash and stock deal.

The deal, which is expected to be announced soon, values Caesars at close to $13 a share. The combined company’s ownership would be split roughly between Eldorado and Caesars shareholders.

An Eldorado spokesman said the company did not comment on rumours or speculation. Caesars did not immediately respond to requests for comment.

The combination of the two companies would create a serious competitor to larger casino industry players, such as Las Vegas Sands Corp, Wynn Resorts Ltd and MGM Resorts International.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Eldorado Resorts to Buy Caesars Entertainment Corp

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Nagasaki Governor Reaffirms His Support for Sasebo IR Bid

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Nagasaki Governor Hodo Nakamura has reaffirmed his support for the Sasebo IR bid and urged the national government not to delay too much in issuing its IR regulations and establishing the national regulatory framework.

While Sasebo’s bid is not linked to a specific timeline, the local government does wish to move forward quickly, especially now that other competing bids could emerge from the Kyushu region.

In related news, Nagasaki IR Business Connect Seminar is going to be held with the participation of international operators and investment groups.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Nagasaki Governor Reaffirms His Support for Sasebo IR Bid

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