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Study Suggests NJ Land-based Casinos Move Towards iGaming

 A New Jersey think tank has presented an economic development plan to encourage New Jersey land-based casinos to seek expansion to iGaming. The Plan In an economic development plan presented to the Atlantic County Action Now steering committee and two other groups on Wednesday, Angelou Economics stressed the need for private industry to take the lead in implementing suggested changes. This has direct implications for online casinos such as Atlantic City's Resorts Casino Hotel, recently awarded an online gambling license by the New Jersey Division of Gaming Enforcement. Online Experience So Far In this foray into online gaming, Resorts Casino AC is offering remote gambling under the name Resorts Digital at resortscasino.com. This is not the first foray, as an earlier partial entry saw the use of part owner Mohegan Sun's license at mohegansuncasino.com. Resort Casino President and CEO Mark Giannantonio emphasized the marketing appeal of Resorts Digital as the first casino company in the country to open a digital gaming lounge on its own property. The licensing agreement will see the New Jersey Casino Control Commission honor Resorts’ request to transfer all internet gaming assets to a newly formed entity, Resorts Digital Gaming LLC. The Online Plan This sets the groundwork for motivated land-based casinos in the US to shift to online operations. While not all land-based casino operators are currently motivated to legislate online gambling for fear it will eat into their profits, the economic viability of the adaptation remains inarguable: it is immensely cheaper to offer gambling online than in lavish and decadent land-based hotels and buildings. Currently, US players can play at online casinos like Rich Casino, Grand Fortune Casino and Raging Bull Casino. The move suggested is the transferring of land-based casinos into digital versions - something which has already been happening in Garden State casinos.     

Live Betting: US Open Quarterfinals

We are finally in the bottom half of the US Open Quarter Finals, and what a road it has been to get here. Amazing tennis on all courts has made this year's US Open one of the most delightful and exciting to watch. There has been a little bit of it all on both the men's and women's sides, with big names like Andy Murray and Rafael Nadal being upset and knocked out of contention. Wawrinka vs Anderson The two remaining men's Quarterfinal get underway tonight with the early match between Stan Wawrinka and Kevin Anderson. Wawrinka is expected to win this match and scurry into the Semi Finals if he can beat the surprising South African at Arthur Ashe Stadium. Wawrinka beat the American Young to advance to the Quarterfinal, while the big news was Kevin Anderson upsetting UK favorite Andy Murray in a tough battle over four sets 7-6, 6-3, 7-6, 7-6. Anderson is tired and it was easy to see that in the end of the match against Murray, but after a couple days of rest, he should be ready to take on the Swiss number five seed. There are a total of 13 betting props ahead of tonight's match at bet365 Sports. The odds are actually quite tight ahead of the first match with Wawrinka at 1.61 and Anderson at 2.30. The famed UK sportsbook is also offering Live Streaming of both matches tonight, as well as live in play tennis betting for punters seeking an interactive online gambling experience. Federer vs Gasquet Roger Federer looks to be playing the best tennis of his comeback. After not winning a US Open since 2008, Federer looks like he will breeze past all competition and find himself in the final next week. The Swiss tennis god looks as powerful as ever and is hitting the ball with precision and strength. Gasquet's first serve may be the only thing to stop Federer but he will need to be accurate and follow through with improved court play. Federer is the outright favorite at 1.10, while Gasquet is in need of a miracle at 7.00. This could be the match for punters to bet on the underdog, but it is unlikely that Federer will lose.

Live Betting: US Open Women's Semi Finals

Roberta Vinci the world number 43 ranked women on the ATP has shocked the world by making the Semi Finals of the US Open. She has the finals in her sights, but those sights are way off because tonight she faces her hardest test yet against Serena Williams. Vinci defeated Mladenovic in the Quarter Final 3-6, 7-5, 4-6. The Italian looked impressive in that match but will need to overcome exhaustion in order to compete against the world number one, let alone beat her. "Serena is Serena," Vinci said Tuesday. "You have to play better, then better, then better." Serena Williams has been her dominant self throughout the tournament, Williams beat her older sister Venus Williams 6-2, 1-6, 6-3 to move into the Semi's, but that was her toughest game yet, and she won with ease. Her first time in a Grand Slam semi final, Vinci has improved by leaps and bounds this season. The 32 year old is planning to try and get to the net to capitalize on the short game, as commentator Barbara Schett, former top 10 player related. It should be a terrific match tonight, even if the odds are stacked against Vinci. Bet365 Sports has Vinci at 9.00 to win, while Williams is miles ahead at 1.05. bet365 is offering pre-match props for punters to try and maximize profits, and the famed UK sportsbook also has a set of in-play odds for those seeking an interactive online gambling experience. There is still a prop left for outright US Open winner. Although the odds for Williams will not make a ton of profit at 1.20, punters going against the odds and make an underdog bet could be in the green after the final this weekend. There is still a ton of US Open action to come, including the Men's Semi's, Doubles on both sides and much more.  

Social Casino Games Gain Traction Among American Gamblers

Online gambling is popular in all its forms, but when players are not allowed to wager real currency, they find refuge in equally exciting alternatives. In the United States, plenty of players have already embraced social casino games, which present them with a chance to enjoy the best of both worlds. On one hand, they satisfy the need for the adrenaline rush that both online and land-based casinos offer, on the other they provide the means of social interaction with their peers. Healthy and Fun Competition  One of the reasons for why online gambling has been frowned upon is that many find an indissoluble link between excitement and peril. When it comes to social casino games which are normally played on virtual currency, the risks are removed from the equation. Participants enjoy healthy competition and get fully immersed in the gaming atmosphere without risking funds out-of-pocket. Americans have always been big fans of casino games in all their forms and were naturally inclined to choose those that were played among people rather than the random number generator. This is exactly what social gaming is all about and major operators like 888 Casino have included them in their offer. Unmatched Convenience for Gamblers Social casino games also have the advantage of not requiring players to leave their home, as they can be played online. The latest releases were also made fully compatible with mobile devices powered by most operating systems, so convenience is taken to the next level. Pretty much anyone owns a smart phone or tablet these days and social games don’t even require a powerhouse device to run smoothly. They demand minimal resources, therefore people who enjoy playing them don’t need to upgrade their gadgets, therefore the future of online gambling in general and social casino games in particular looks great.

Guts Casino's Many Live Dealer Tables

Live Casinos have become essential for brands that want to be considered as leaders in the industry. Most brands feature Live Dealer Casinos, which have become one of the fastest growing methods of play for players seeking the most realistic online gambling experience. Most casinos feature around five or six live games, but luckily, there is now a new Live Casino, which has one of the largest selections of live casino games on the market. Guts Live Casino offers a chance for players to play at over twenty four live tables. The live dealers at Guts Casino have become the faces of the brand and they are professional, friendly and great to play across. Each dealer has been selected after comprehensive and customized training for online live gambling and they represent some of the best in the industry. Guts Casino The Guts casino platform features online gaming in a number of categories including online video slots table games and much more. Guts also includes the popular Guts Sportsbook with live in play betting markets. The current list of twenty four live casino games includes a huge variety of Roulette games. Classic Roulette, Immersive Roulette, VIP Roulette, Auto Roulette and Auto Roulette VIP. There are fourteen Blackjack tables including VIP Blackjack as well. Fans of Baccarat and Casino Hold'em also have solid live options to choose from. Upon registration for Guts Live casino offering, new players will be automatically rewarded with the Guts sign up offer, which will give free casino cash that will match ones first deposit. This will allow new players to try the live casino games and get familiar with them before declaring a favorite. With the popularity of online live casino gambling on the rise without projections of it fizzling out any time soon, the Guts live casino is where other brands that want to blaze a new path in the online industry will be soon.  

New Incubator mLabs to Support Next Gen iGaming Startups

The latest wave in startup support for iGaming is here. Startup Incubator With the launch of incubator mLabs by Irish betting exchange operator Matchbook, a precedent of programming support for startups is being set. The accelerator program for online gaming startups is targeting new companies for evaluation. Those subsequently selected for support by Matchbook will see their ideas and concepts developed through the mLab program all the way through to product launch and distribution. Matchbook research head and mLab leader David Mills describes his company's community-oriented approach, characterizing mLabs as “a community where like-minded people can share their ideas, help each other, improve, grow, collaborate and see their ideas evolve together.” We can see in mLabs the integration of the freeware concept into iGaming, with Matchbook embracing embracing the most idealistic principles of the internet as a place where any good ideas can and should have a chance to flourish. Collaborative Ideals While freeware and incubator support is not new to the internet, it is an idealistic twist on what is often an overly-stigmatized or distrusted industry. The internet clearly represents a way to prove the integrity and effectiveness of iGaming to the public, and mLabs can certainly encourage more start-up collaboration that meshes complementary support effectively among investors and great product strategies. Matchbook is actively seeking to handpick and mentor promising ideas in order to jump start new ventures and lead those entrepreneurs through the process of getting their iGaming businesses out of the gate. Mills emphasized the collaborative nature of the process in characterizing the mLabs approach as “two-way.” Leadership Management In implementing the program, Matchbook and mLabs are following their own credo of choosing businesses according to the quality of the skills, vision and belief of the management team. Matchbook and mLabs are relying on social media to match the candidate pool to the larger iGaming tech world in which the startups are looking to make a splash. Utilizing social networks to build collaboration is the key to the current program, and the ability of more incubators to provide similar support.

UKGC Takes Issue with Government Fees

In what amounts to an assertion of its own autonomy and sincerity, the UK Gambling Commission (UKGC) will advise its own government against undesirable aspects of current iGaming policy.  Fee Reductions The UKGC will recommend to the UK government a reduction in licensing fees and operational costs.  The UK government originally opened the floor to suggestions in promising to consider adaptive changes to regulation once remote gambling had been fully implemented.  New Data The first full year of data for the regulated gambling market will be before the end of the year: the Gambling (Licensing and Advertising) Act 2014 is expected to provide valuable baseline data on the extent to which the new tax regime that kicked in in late 2014 has helped popular online casinos in the UK such as Trada, Guts, and Mr. Green. Transparency The UKGC is committed to increasing transparency in the process for determining the fees needed for recovery of government expenses.  The implication is that the UK government and all iGaming regulating governments would do better to focus on increasing revenues via taxable provider income as opposed to up-front licensing fees.  The more equitable the entry fees, the more private operators will join, and the more taxable revenue will be available.  With online regulation just coming to reality the last thing any government wants to do is scare off competitors by being perceived as trying to make money on licensing fees.  By the same token, the public and private operators need to be aware that there is no small amount of costs required for any government to set up a regulatory structure--costs which need to be recovered promptly. Collaborative Effort Indeed, iGaming regulation is an investment for governments as well as private operators.  The more the two can work together to bring an attractive product to the public at an affordable price, the more both stand to gain financially, and the lower the financial risk for each. The UKGC will be holding a workshop with prominent trade associations on September 24.   

Djokovic and Federer Warm up for US Open Finals

The set is staged for one of the most anticipated Grand Slam tournament finals of 2015, with both Djokovic and Federer in superb form. The Swiss player has already defeated the world number once in Cincinnati and seems unstoppable on US soil. Meanwhile, both of them take on dangerous opponents in the US Open semi finals and are slightly overpriced by bookmakers. Djokovic Goes for the 14th Straight Win Cilic hasn’t defeated Djokovic so far despite the fact that the two players met on 13 occasions and the Croat rarely won a set. He is however the reigning champion and one year ago when the pair squared off at Wimbledon, the match turned into a thriller and the Serbian player barely won in five sets. Bet365 sports offers tiny odds of 1/10 on Djokovic to prevail, while those who correctly anticipate a victory for the Croat would increase their investment seven times. 8/13 on the favorite to prevail in straight sets is not mouthwatering value, but decent odds given Djokovic’s form. A Swiss Duel at the U.S. Open The best tennis players in Swiss history will be facing each other once again in the second to last stage of a grand slam tournament. Federer has a crushing head to head record with 16 victories in 19 games, but it was Wawrinka who prevailed in their most recent match. Stan won in straight sets at Roland Garros, en route to winning the French Open and causing one of the biggest upsets in tournament history. This time he is the underdog and given odds of 5/2 to prevail, while Bet365 sports is only willing to offer 3/10 on Federer’s triumph. Risk-averse players can bet on his outright victory, but better value comes from betting on Roger to win in straight sets, and the odds revolve around 5/4. Don't miss these great tennis games today. 

Next Week: The Second Annual BiG Sports Dinner

As far as charity events go, strictly for the betting and gambling industry, the BiG Sports Dinner is one of the top evenings of the year. After a very successful dinner last year, sponsors Microgaming as well as partners Yellow Digital, Metric Gaming, Online Casino Reports, Pentasia and many others have come together yet again for another wine and dine for charity in London at the Dorchester hotel. Last year's event raised over £12,000 for a variety of charities and this year's guest list promises much more. There are literally hundreds of millions of dollars that flood through the online gambling industry every month and many of the biggest brands, lotteries, sports betting platforms and other like companies, donate large sums of money to local charities in the places they operate. Many go even further and setup foundations bearing their own brands' name to ensure they can do some good with a portion of their earnings. Big Success Last Year Last year saw 250 attendees, whom were treated to an amazing course meal by one of London's top chefs, free flowing champagne and wine and many special performances. This year there are over 300 tickets already sold so it will undoubtedly be a bigger event. There is even an awards ceremony in which the award for Best Sports Betting Campaign and the Best use of a Sporting Star in a Betting Campaign will be announced. The black tie event will be hosted by former England rugby star Austin Healey and co-hosted by Sky Sports Soccer Saturday personality and former professional soccer player Chris Kamara. There will be an exclusive auction at the event with what event planners are calling, "money can't buy" items. There are even celebrity attendees booked for the evening including Harry Redknapp, Jason Leonard and Jamie Spencer to name a few. For Good Causes Donations from the evening will go to help five worthy charities:  Bobby Moore Fund for Cancer Research in the UK, Meningitis Now, Restart The Rugby Players’ Charity, The Lord’s Taverners and Kinetic Coaching. Truly exemplary causes across the board.

New Jersey Sports Betting Runs Into Brick Wall

On August 25, New Jersey's four-year effort to legalize sports betting ran into a brick wall when a three-judge panel of the U.S. Third Circuit Court of Appeals rejected the state's plan to allow casinos and racetracks to offer sports betting. While state officials cannot technically appeal the Third Circuit Court’s decision, they can can ask for an "en banc" review, which means that the issue would be heard by all 23 judges instead of 3.  What is the issue? The issue at hand is whether New Jersey's plan to add sports betting to casinos violates a 1992 federal ban on sports betting called the Professional and Amateur Sports Protection Act (PASPA). New Jersey is pushing to allow sports betting because both Atlantic City casinos and the horse racing industry are struggling. But when the law was passed four years ago, the state was sued by the NCAA, NFL, NBA, MLB, and NHL, with the claim that tying sports betting to gambling threatens the integrity of the games and violates the federal ban. Thus far, the courts have ruled in favor of the leagues. The Next Step If New Jersey is not granted an “en banc” review, they can still petition the U.S. Supreme Court to hear the case. But he the court only grants about 1% of petitions, and New Jersey was already denied in 2013 during their first attempt. Other advocates say that New Jersey’s best hope is to lobby Congress to repeal or change the federal ban, but experts say that that course of action could take years. "I still think our best chance right now in the Third Circuit," commented Sen. Raymond Lesniak (D-Union), the leader behind the drive to legalize sports betting. Lesniak was also the mover behind the bill that allowed New Jersey to legalize online gambling, so perhaps there is still some hope for sports betting. But legalizing online sports betting in New Jersey? Don’t hold your breath. 

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