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Spain France to Share Player Pools “in the Coming Weeks”

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Dirección General de Ordenación del Juego (DGOJ), the Spanish online gambling regulator – has announced the issuing of cross-border online poker licenses “in the coming weeks”. This will make the first stage of liquidity-sharing project between Spain, France, Italy and Portugal feasible.

Online gambling regulators from Europe´s four ring-fenced countries concurred on a “basis of cooperation” in July last year with the target of generating a shared liquidity pool for online poker. Irrespective of the persistent failure of the Portuguese market and oppositions from Italian politicians the process of creating the pan-European market advanced.

France´s online gambling regulator – Autorité de Régulation des Jeux En Ligne (ARJEL) – issued to PokerStars.fr; its first cross-border online poker license last month and earlier this week its Spanish counterpart added in the Official State Gazette about the issuing of cross-border online poker licenses as promptly as the law authorises it to do it. Issuing of the licenses will enable operators with cross-border online poker licenses to amalgamate their player pools from Spain and France.

No such time period has been put forward for the joining of operators in Portugal with the pan-European market until the country´s elections take place in March nothing is anticipated to materialise in Italy.

PokerStars and Party to be First in the Queue

PokerStars and Party Poker are expected to be the first recipients of Spanish cross-border online poker licenses. Both have a presence in Spain and France, and although Party Poker´s Spanish presence is minuscule (partypoker.es has not hosted a multi-table tournament since May 2015), the site hopes liquidity sharing will signal a reversal in its fortunes.

The French online poker site Winamax was also expected to apply for cross-border licenses in Spain and France, but the site might be having second thoughts. Despite declaring its support for a pan-European market – and signing Spain´s Adrian Mateos and Italy´s Mustapha Kanit as sponsored pros last October – Winamax has not been quick to apply for either French or Spanish cross-border poker licenses.

One of the issues obstructing Winamax from obtaining a Spanish cross-border poker license is that it allows players from outside France to play on its poker platform. This is contrary to Spanish licensing regulations; and, as Winamax does not have a presence in Spain, the site may be considering whether it is worth abandoning its non-French customers in order to obtain a license in Spain.

888Poker Also Appears Reluctant to Get Involved

With Winamax and PokerStars sharing 80% of the French online poker market, 888Poker doesn´t appear to be in much of a hurry to join pan-European liquidity sharing either. 888Poker does have a healthy market share in Spain, but rather than try to make a profitable incursion into France, the site has decided to turn its attention to the much more open Italian market.

On Tuesday, the company launched 888Poker.it to complement its existing Italian-facing sports betting site and online casino. The launch is being supported by a substantial marketing campaign and it will be interesting to see where 888Poker.it lands among its competition once the dust has settled. The result could determine whether the company eventually moves into the French online poker market and seriously gets involved in pan-European liquidity sharing.

Consequently, it looks as though the launch of a pan-European market could be a bit of an anti-climax. The only two operators likely to take advantage of the initial liquidity sharing possibilities will be PokerStars and Party Poker – the latter being a very minor player in European regulated markets – while Winamax and 888Poker may just sit on the fence. Not quite the “great news for poker in Europe” forecast by some industry observers.


Source: European Gaming Portal

iGaming Industry

Join EveryMatrix in Celebrating 10 years of iGaming at ICE

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EveryMatrix-10-years-at-ICE Join EveryMatrix in Celebrating 10 years of iGaming at ICE

January 17th 2018, Malta – In 2018 we are celebrating our 10th birthday and 10 years of shared success in the company of our clients. We thought that this called for a moment of celebration, therefore we are inviting you to join us at the most exciting event of the year at Stand N6-310.

EveryMatrix has expanded greatly since our entrance to the market and we have reached new milestones in terms of growing our Sports, Casino and Payment offering to the benefit of our clients and partners.

From sportsbook and casino to payments and affiliate systems, our products work independently and can be easily integrated with existing platforms or can be offered as White Label, where clients can choose to operate under their own gaming licence or use one from us.

Today, EveryMatrix is servicing more than 70 operators from different jurisdictions including Tipico, Norsk Tipping and 188Bet among others, and we are always striving to support constant innovation and offer our clients the best possible range of services and value in the market.

At this year’s ICE edition, we are exhibiting our recent innovations including the latest Front-end Technology & Content Management System and the newly launched cross-product Bonus System that brings unprecedent flexibility among many other value-added features.

Always having operators in focus, we have consequently developed and will be showcasing our CasinoEngine Direct, as well as Data Feed and Sports API solutions too.

With CasinoEngine Direct solution, operators can integrate our casino product directly into their own platform and wallet, and gain access to more than 5,000 casino games from over 60 game providers. The CasinoEngine Direct solution secures minimum latency and optimal game speed.

Using our sports Data Feeds and Sports API, a complete solution delivering an unparalleled range of markets and outcomes with industry leading profitability, we help multiple businesses meet their targets, from bookmakers to affiliates and from odds comparison sites to score sites.

Our top representatives will welcome you at Stand N6-310 for the biggest and most exciting event in iGaming.

About EveryMatrix

EveryMatrix is a multi-award winning iGaming software provider, delivering a comprehensive product suite including a fully managed sportsbook, the largest casino content aggregator on the market, a complete gaming and payment processing platform, and a stand-alone affiliate/agent management system.


Source: European Gaming News…

The post Join EveryMatrix in Celebrating 10 years of iGaming at ICE appeared first on Eastern European Gaming – News – Interviews – Legal Market Updates – Premium Reports – Events – Directory.


Source: EEGaming.

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iGaming Industry

Join EveryMatrix in Celebrating 10 years of iGaming at ICE

Published

on

Join EveryMatrix in Celebrating 10 years of iGaming at ICE

January 17th 2018, Malta – In 2018 we are celebrating our 10th birthday and 10 years of shared success in the company of our clients. We thought that this called for a moment of celebration, therefore we are inviting you to join us at the most exciting event of the year at Stand N6-310.

EveryMatrix has expanded greatly since our entrance to the market and we have reached new milestones in terms of growing our Sports, Casino and Payment offering to the benefit of our clients and partners.

From sportsbook and casino to payments and affiliate systems, our products work independently and can be easily integrated with existing platforms or can be offered as White Label, where clients can choose to operate under their own gaming licence or use one from us.

Today, EveryMatrix is servicing more than 70 operators from different jurisdictions including Tipico, Norsk Tipping and 188Bet among others, and we are always striving to support constant innovation and offer our clients the best possible range of services and value in the market.

At this year’s ICE edition, we are exhibiting our recent innovations including the latest Front-end Technology & Content Management System and the newly launched cross-product Bonus System that brings unprecedent flexibility among many other value-added features.

Always having operators in focus, we have consequently developed and will be showcasing our CasinoEngine Direct, as well as Data Feed and Sports API solutions too.

With CasinoEngine Direct solution, operators can integrate our casino product directly into their own platform and wallet, and gain access to more than 5,000 casino games from over 60 game providers. The CasinoEngine Direct solution secures minimum latency and optimal game speed.

Using our sports Data Feeds and Sports API, a complete solution delivering an unparalleled range of markets and outcomes with industry leading profitability, we help multiple businesses meet their targets, from bookmakers to affiliates and from odds comparison sites to score sites.

Our top representatives will welcome you at Stand N6-310 for the biggest and most exciting event in iGaming.

About EveryMatrix

EveryMatrix is a multi-award winning iGaming software provider, delivering a comprehensive product suite including a fully managed sportsbook, the largest casino content aggregator on the market, a complete gaming and payment processing platform, and a stand-alone affiliate/agent management system.


Source: European Gaming Portal

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iGaming Industry

Merger proposed between MGM, Caesars real estate investment trusts

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Merger proposed between MGM, Caesars real estate investment trusts

MGM Growth Properties, the real estate investment trust controlled by MGM Resorts International, has offered to purchase the REIT that covers a large chunk of the properties operated by Caesars Entertainment

 

In a letter released Tuesday morning, MGM Resorts Chairman Jim Murren, who is also chairman of MGM Growth Properties, proposed the buyout in which the MGM REIT would pay $19.50 a share for all outstanding shares of VICI Properties Inc.

In a statement, MGM Growth properties said there were discussions between the REITs in December and last week.

We continue to believe that a combination of our two companies has a compelling strategic rationale and represents an extraordinary opportunity to create significant value for our respective shareholders,” according to the statement.

Under the proposal, MGM Growth Partners would acquire VICI through a stock transaction; however, MGM’s REIT would be willing to offer a portion of the purchase price in cash. VICI shareholders would end up owning 43 percent of the combined company.

According to the proposal, the combined REIT would have an enterprise value of approximately $22 billion. MGM Resorts’ ownership stake in the combined REIT would be reduced to 41 percent.

The two REITs own the land associated with some of the top casino resorts in the U.S., including Las Vegas and Atlantic City. MGM Resorts and Caesars Entertainment continue to operate the properties through a lease agreement, paying rent to the REITs.

VICI was formed as part of Caesars Entertainment’s bankruptcy reorganization. Caesars Palace, Harrah’s Las Vegas, and Caesars Atlantic City are among nearly 20 casino properties included in VICI.

The combination of VICI and MGP would create one of the largest triple net lease REITs, with an unmatched portfolio of high quality leisure, entertainment and hospitality assets,” MGM said in the statement.


Source: European Gaming Portal

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