Sunday, October 13, 2013

New Millennium Games' NOW! Week in Review 10-13-2013


William Hill Launches iPad Mobile Casino App
William Hill, one of the world’s largest online casinos, is rapidly expanding into the mobile gambling market.  The casino recently developed an iPad casino app now available for download across the UK market.  If the app proves successful, William Hill will expand the mobile feature to other popular gambling markets like Canada.
Developers of the app wanted to recreate a live, Las Vegas casino style of gaming for players on the go.  The mobile option features TV-style casino entertainment and live-dealer interaction, all within real time.

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PurePlay Poker Site Treading on Thin Ice?
The PurePlay Poker site is an online poker option that allows millions of Americans the opportunity to play for free and yet win cash prizes. People giving away cash for free? Let’s take a look if it’s rat that I can smell?
If you keep up to date with your iGaming news then you should know the drill off by heart.

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Internet gambling seen as technology-job creator for New Jersey
Internet gambling is supposed to be the new job creator for Atlantic City, with online companies promising hundreds, if not thousands, of new employees will fill the ranks.
But unlike the cocktail servers, bartenders, blackjack dealers, cooks, housekeepers and other service-oriented positions that have dominated the casino industry in the past, many of these new jobs will be in information technology.

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Betable teams with WorldPay for payment processing in real-money games
Payment processing company WorldPay has announced its partnership with Betable, bringing WorldPay’s payment processing, fraud detection and risk services to Betable’s real-money-gaming development platform. Betable allows developers to bring real-money gaming to their applications, while the WorldPay integration will improve the user experience in these apps via its support for multiple payment methods.
“Betable is the only platform that provides game developers with the unprecedented opportunity to offer real-money play within their own games,” said Shane Happach, Chief Commercial Officer at WorldPay, in a company statement. “Powering Betable’s services with WorldPay’s payment processing functionality assures developers that when their users opt to play their games for real-money their transaction success will be maximized.”

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Gaming Has Gone Mainstream Thanks To Mobile Gaming
You can always count on industry reports to tell it like it is. While some reports will misconstrue classifications with numbers, some reports will keep it legit and only tell the world what's important, like that gaming has become a mainstream pastime thanks to the surge in mobile users.

According to a new report by MediaBrix, engagement in mobile and social gaming is up across the board and it has a lot to do with how the world sees gaming. Mobile gaming has been seen as one of the fastest growing sectors of the industry, especially in the U.S., and according to the report mobile gaming has surpassed casual gaming in 2012. According to the report, mobile gaming will continue to stay ahead of casual gaming up until 2014. 

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IGT, Caesars and Zynga claim 23% of the $2.9B social casino market, as mobile gains on desktop
  • IGT's dominance in desktop social casino eclipsed as audience shifts to mobile
  • Top three firms (IGT, Caesars and Zynga) control 22.9% of the market
  • IGT still the number one social casino publisher by revenue, but Caesars is the top mobile casino games publisher 
  • Average monthly revenue for top 10 social casino title was $4.5M in August, compared to $4.2M for top 10 mobile casino title
  • Overall social casino market is fragmented, with greatest gains made by companies with strong mobile growth

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New Investment Group Seeks To Buy Atlantic City Casino
An investment group with (admittedly thin) ties to casino operator Caesars Entertainment is looking to acquire an Atlantic City casino property. Local attorney/businessman George Miller has teamed with Philadelphia real estate man Kevin Flynn (The Flynn Company) in an investment group that is looking at multiple properties in the east coast casino hub, with an eye toward closing a deal by year’s end. Miller told the Press of Atlantic City’s Donald Wittkowski that the group was “looking all over the place” for the right venue, and while he declined to cite a frontrunner, he did acknowledge that the group had “not eliminated the Atlantic Club.”

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Ultimate Poker Championship Begins at Nevada’s Ultimate Poker
The first event of the Ultimate Poker Championship, which is accessible to all Ultimate Poker players in Nevada, began on Oct 10, Thursday.
The Ultimate Poker Championship is an online poker tournament series with 11 events. It promises a guaranteed prize pool of more than $250,000, which includes a guaranteed pot of $100,000 for the Main Event, a $300 buy-in tournament, which will be held on Oct 20.

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Ascuaga family to sell John Ascuaga's Nugget
Sparks Nugget Inc. announced today that it has reached agreement with Global Gaming & Hospitality (GGH) and Husky Finance in the sale of John Ascuaga’s Nugget. Financial terms were not disclosed.

Husky Finance, a middle-market lender, will provide acquisition financing and growth capital for renovation of the Nugget, while GGH, a private casino management and merchant advisory firm, will assume responsibility for operations of the property.

"My family and I believe that the sale of John Ascuaga's Nugget at this time is the best possible scenario for our employees and the future of the Nugget. The new owners have the financial resources needed to invest in the property and allow it -- and its 1,300 employees -- to prosper in the years ahead," said Michonne Ascuaga, CEO of John Ascuaga's Nugget.

The sale requires regulatory approval by the Nevada Gaming Control Board and the Nevada Gaming Commission and is expected be completed by Jan. 1, 2014. The Ascuaga family will remain in a leadership role through the transition. Once the sale is complete, John Ascuaga will be Chairman Emeritus. Michonne Ascuaga and Stephen Ascuaga, COO, will assume advisory roles.

GGH Co-Owner Carlton Geer will be the new President & CEO of the Nugget. Geer has been involved in the gaming and hospitality industry for 40 years. He has spent four years at the Eldorado Hotel Casino in the early 80s followed by 13 years at the Peppermill Hotel Casino, the last three as its general manager.

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Gibraltar eyeing US online gambling market
Gibraltar may be having issues with a UK proposal to slap online operators with a15 percent point-of-consumption tax, but it’s also looking ahead into the future with eyes towards an online market that’s on the precipice of exploding sooner than later.
The country that houses around 60 percent of the world’s online gambling industry has eyes on scooping up a big piece of a US online gambling market that’s beginning to relax its ban on online gambling. Everyone agrees that the market in America, still largely untapped because of existing laws, is one of the last frontiers of online gambling. And when it finally opens itself up to online gambling, not a lot of countries can boast of having the aptitude for e-commerce than Gibraltar.

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IGT Debuts Cross-Platform Video Poker Tournament
For the first time, poker players can extend their gamesmanship by participating in a major video-game tournament using multiple platforms: mobile, desktop, social media and on location at the Pascua Yaqui–owned Casino Del Sol in Tucson, Arizona. 
“More than 1.5 million people have played Game King Video Poker at DoubleDown Casino since its launch in April, making it our fastest growing table game,” John Clelland, vice president of global marketing at International Game Technology, told Indian Gaming Magazine. Clelland said that the Game King Championship Tournament spans several platforms and resulted in the largest group of poker players ever competing against each other. 

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