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Archive for March 1st, 2019

PGCB Hosts Hearing on Penn National Bid for Caernarvon Mini-Casino on March 4

Caernarvon Township residents sign petitions to voice their opinion on whether the area should host a mini-casino ahead of PGCB hearing

The debate over whether Caernarvon Township in Pennsylvania should host a mini-casino has heated up ahead of the upcoming public hearing on the matter. The Pennsylvania Gaming Control Board is set to host the hearing on Monday, March 4, at the Caernarvon Township Building.

The event will give interested parties the opportunity to voice their opinion on the issue and will help the state gaming regulator decide whether it should give the green light to the mini-casino project.

Casino and racetrack operator Penn National Gaming applied for a license for the development of a mini-casino in Caernarvon Township last October. The company currently owns Hollywood Casino at Penn National Race Course in Grantville, Pennsylvania, and is looking to extend its footprint across its home state.

Penn National Gaming is pitching a plan for the development of a $110 million mini-casino near the intersections of I-176, Route 10, and Pennsylvania Turnpike. The company is seeking a Category 4 casino license from the Pennsylvania Gaming Control Board. The state’s gambling regulator is slated to issue a handful of those as part of a statewide gambling expansion effort approved by lawmakers in the fall of 2017, along with sports betting and online gambling.

The casino and racetrack owner has promised to create multiple new jobs for residents of the Caernarvon Township area and to share a portion of the facility’s revenue. However, the mini-casino plan has amassed a number of opponents due to the nature of services it will provide, if it wins the necessary approval from the Pennsylvania Gaming Control Board.

Petitions For and Against the Gaming Facility Circulate the Region

Local news station WFMZ-TV reports that the casino plan has equally vocal camps of supporters and opponents. More than 350 people have expressed concerns that the development of a gambling facility in Caernarvon would be bad for the township and the surrounding area.

Speaking to local media, Michelle King, one of the 350 opponents of the casino scheme, has said that the venue is inconsistent with the host community’s beliefs. She has further pointed out that people are concerned about the safety of their children. Ms. King and the rest of the opponents of the mini-casino have signed a petition to voice their discontent with the proposal for locating the facility in their community.

According to Ms. King, the development of a gaming venue in Caernarvon Township will be a gamble for both residents of the area and Penn National Gaming. She has noted that she does not believe the demographic of the area “is going to be right” for the gambling operator.

A separate petition, this one supporting the plan, has also been circulating the area ahead of Monday’s public hearing. It has been signed by 130 locals who believe the region will benefit from the mini-casino.

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The post PGCB Hosts Hearing on Penn National Bid for Caernarvon Mini-Casino on March 4 appeared first on Casino News Daily.

partypoker Partners King’s Casino for Czech Republic Comeback

partypoker goes live on desktop in the Czech Republic through a partnership with King’s Casino Rozvadov, mobile poker offering coming soon

partypoker has returned to the Czech gaming space two years after the reorganization of the local market and just as many years after the online poker room shuttered its premises for Czech players.

In a statement on its official blog, partypoker announced on Wednesday that it is now live in the Czech Republic through a partnership with King’s Casino Rozvadov, which is known to be home to Europe’s largest brick-and-mortar poker room and frequent host of some of the major live tournaments taking place on European soil.

partypoker’s online poker product is currently only available on desktop (PC and Mac). Its games are to be rolled out across mobile later this year.

Under Czech regulations, local players are required to complete an ID verification at a physical facility in order to be able to gamble online. partypoker said yesterday that now and for now, interested players can carry out the ID verification at Post Offices throughout the country. Through the poker operator’s partnership with King’s Casino, customers will soon be able to complete the process at the property.

To celebrate the launch of partypoker in the Czech Republic, the poker room’s local partner announced a series of live events, including the inaugural edition of the €110 buy-in Czech Poker Masters with a guaranteed prize pool of €551,750. The tournament is set to kick off on April 14 at King’s Casino and to run through April 22. Online Day 1s start from March 31.

partypoker Joins PokerStars in the Local Poker Space

partypoker has resumed poker operations in the Czech Republic two years after it left the local market. The company has become the second international online poker brand to enter the local space since the nation re-organized its gambling market back in January 2017.

The Stars Group’s flagship operation, PokerStars, was the first international operator to be granted a license from local regulators. The online poker room launched its offering to Czech players in February 2017, just a month after the country’s new gambling law took effect.

partypoker applied for a license back in the spring of 2017, but withdrew its application shortly after and left the Czech market, citing heavy bureaucracy and an unnecessarily high tax rate for its decision to shut its premises to local players. Under the country’s gambling law, licensed operators are obligated to contribute 35% of their local revenue to Czech coffers. The rate is among the highest in Europe.

partypoker eventually announced its return to the Czech Republic last fall when it was issued a license by the country’s Finance Ministry.

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Red Rake Gaming Secures MGA Casino Content Supply License

Spanish online casino games developer Red Rake Gaming has obtained a B2B license from the Malta Gaming Authority, the company announced in a press release on Wednesday

Red Rake Gaming regards its brand-new MGA license as an important milestone in its expansion and growth strategy. The announcement about the company’s recognition by the Maltese gambling regulator arrived shortly after it secured its expansion in the highly lucrative UK gambling market with a license from the local regulator, the UK Gambling Commission.

Red Rake Gaming’s license in Malta will give the casino games developer the opportunity to extend its footprint into multiple new jurisdictions through partnerships with Malta-licensed online gambling operators. The company’s content is currently available in its homeland, Spain, as well as in the regulated markets of the UK, Italy, Portugal, and Belgium.

The game developer sprung to life back in 2011. It originally started out as a creator of social games. Since its inception, Red Rake Gaming has evolved into a developer of real-money casino games content developer.

It currently has more than 200 partners across several platforms. Its games are available in 20 different languages and over 100 different currencies.

It has been an eventful week for Red Rake Gaming as debuted its latest video slot game – Bonnie & Clyde – just a few days ago. The new title transports players back to the 1930s America and makes them part of the thrilling adventure of notorious bandit couple Bonnie and Clyde. The game features 50 paylines spread across a 5×4 reel set, and is packed with free spins.

Expansion at the Core of Growth Strategy

Securing licenses from two major European regulators will help Red Rake Gaming deliver on its strategy to grow its presence through new partnerships and extended footprint across multiple regulated jurisdictions.

Commenting on their latest milestone, the group’s Malta Managing Director Nick Barr said the MGA license “increases [their] capability to be able to supply the large concentration of operators” located in Malta.

Red Rake Gaming has recently set up its commercial and business development teams in Malta. Mr. Barr pointed out that being licensed by the local gambling regulator further “solidifies [their] commitment and expansion” strategy on the island.

The Malta Gaming Authority has kept itself quite busy over the past few weeks. Apart from issuing a license to the Spanish game developer, the regulator also released statements that it has suspended/terminated the gaming licenses of four online gambling groups, with those being Betixx Limited, Morpheus Games (MT), Bet Service Group Limited, and World-of-bets EU Limited.

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Connecticut Weighs Up Solutions for Ongoing Limbo Hampering Tribal Casino

The Connecticut Legislature has begun debating a bill that aims to release the state’s two federally recognized tribes from the legislative limbo that has been preventing them from proceeding with the development of a planned satellite casino in East Windsor for quite some time now.

Back in 2015, state lawmakers gave the green light to the Mohegan Tribe and the Mashantucket Pequot Tribe to establish jointly a satellite casino in East Windsor, in the north of Connecticut, to blunt competition from MGM Springfield in neighboring Massachusetts.

Each of the two federally recognized tribes already operates a casino resort in Connecticut, but lawmakers and casino officials have been concerned about the impact of the $950-million hotel and casino resort Las Vegas giant MGM Resorts International launched last summer in Springfield. MGM Springfield is the first property of this kind in the region and many believe that it poses a big threat to Connecticut’s two casino complexes.

The establishment of a new casino operation in East Windsor aims to keep gambling money and thousands casino jobs within the state.

To build jointly the planned Tribal Winds Casinos, each of the two tribes needs to have its existing compact with the state amended. However, the amended compacts also need approval from the US Department of the Interior. And that approval has become a major hindrance in the eventual materialization of the casino scheme.

There are four gambling-focused bills before the Connecticut Legislature this legislative session, and one of those bills is primarily concerned with removing the federal obstacle preventing the Mohegans and Mashantucket Pequots from moving forward with their plan.

Powerful Lobbyism

The Connecticut Public Safety Committee held a public hearing earlier this week on the four gambling bills, seeking input about the future of the state’s gambling industry. As mentioned above, one of the bills aims to remove the requirement for federal approval of the tribe’s amended compacts with the state.

A second bill, one spearheaded by MGM Resorts International, calls for the realization of a competitive process that would allow interested parties to bid for the right to build a full-scale casino resort rather than a limited satellite operation. MGM has been pitching a plan to develop a $700 million hotel and casino complex on the Bridgeport waterfront.

Meanwhile, the Mashantucket Pequot Tribe is waiting to have its renewed compact with Connecticut signed by the US Department of the Interior. The federal government agency has recently given the nod to the Mohegans’ renewed agreement. Officials for the two tribes believe that the Department of the Interior is delaying its decision due to interference and powerful lobbyism from MGM Resorts International.

During the public hearing this week, East Windsor’s First Selectman Robert Maynard said, as quoted by the Journal Inquirer, that he is not sure that “MGM really wants to build a casino in Bridgeport, but they do want to slow down the building of [the tribal] casino.”

The two tribes have warned that they would stop sharing a portion of their slot machine revenues with the state, if a bidding process that would enable out-of-state companies to compete for a gaming license is launched. The Mohegans and the Mashantucket Pequots have collectively contributed nearly $8 billion over the past two decades to Connecticut coffers.

The legalization of sports betting is another gambling issue on this year’s legislative agenda. And the state’s two federally recognized tribes and MGM have clashing views on that matter, as well. Tribal officials maintain that sports gambling is an activity that falls under their existing compacts with Connecticut and that they should be granted the exclusive right to operate betting services, should the practice become legal in the state.

Other interested parties, MGM included, call for a competitive process that would pave the way for more wagering operators to participate in Connecticut’s regulated space.

Of Connecticut’s neighboring states, Rhode Island is the only one to have gone live with sports betting. New York is expected to launch first legal offering later this year, while Massachusetts is believed to be giving the legalization of the practice a serious thought.

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The post Connecticut Weighs Up Solutions for Ongoing Limbo Hampering Tribal Casino appeared first on Casino News Daily.

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