China Vanguard Group expands influence

iGaming Business – Chinese lottery technology supplier China Vanguard Group (CVG) has struck a deal covering the provision of China Sport Lottery games in Jiangxi Province. The deal means CVG now provides services in 14 provinces across the country. The co-operative agreement was penned by an indirect non-wholly owned subsidiary of the company and Jiangxi Sport Lottery Management Centre. “The Board believes the self-service lottery sales distribution has huge market potential and is in line with the Group’s recent development direction,” CVG said. “The Board will strive to capture more of such opportunities in the future. “We will be responsible…

Social casino market shrinks, operators shift strategy

Venture Beat – Social and mobile casino game operators are facing a shrinking market, as the number of monthly players has shrunk to 85 million from 109 million a year ago, according to market researcher SuperData Research. In response, those companies are shifting away from acquiring more players and instead are focused on making money from those that they already have. Joost van Dreunen, the chief executive of SuperData, said that the sector is entering its next stage and that casino-style game operators are positioning themselves for a mature market. Building a long-term relationship with consumers now makes more sense for…

NYX Interactive granted UK gambling licences

iGaming Business – Online gaming software provider NYX Interactive, a subsidiary of the NYX Gaming Group, has been granted a remote and non-remote operating licence for the supply of gambling software in the UK market. The licences have been issued shortly after the introduction of a new law in the UK, under which all remote gambling operators in the UK market must obtain a licence from the Gambling Commission to allow them to transact with British customers and advertise in the UK. David Flynn, senior vice-president of NYX Gaming Group, described the UK as an ‘important’ sector for the company…

Looming Deadline Unlikely to Affect California Online Poker Bills

Online Poker Report – Unbeknownst to most people outside of the state legislature, California’s online poker bills are up against a deadline coming at the end of this month. The time limit is legitimate, and requires that all bills must pass their “house of origin” by May 30, according to the California legislative calendar and the California legislature’s joint rules (page 39 has the pertinent information). The deadline was first brought to attention by Washington Internet Poker Initiative founder and OnlinePokerReport.com contributor Curtis Woodard, who pointed out several upcoming deadlines. The legislative calendar reads, “May 30 Last day to pass…

First In-Casino Bitcoin ATM Launches in Las Vegas

Tourists visiting Las Vegas can now get their cryptocurrency in Las Vegas at a Bitcoin ATM located at The D Casino. The site has partnered with Robocoin, a fellow Las Vegas-based company, to place a bitcoin ATM inside its casino. The machine allows users to both buy and sell the currency. Derek Stevens, CEO of the D Las Vegas Casino Hotel, said in a statement: “We’re proud to be the first casino property to accept bitcoin and we’re excited to offer our customers the convenience of a bitcoin ATM.” The D Casino Hotel is located downtown on Fremont Street, distanced from the…

Feds charge Minnesota man funneled gambling money to Costa Rica

Twin Cities – A Bloomington, Minnesota, man is accused of running an illegal gambling operation that preyed upon North Dakota gamblers for years, and funneling the money back and forth among North Dakota, Minnesota and Costa Rica. In an indictment filed last year in April and unsealed Tuesday in U.S. District Court in Fargo, Gerald J. “Maverick” Greenfield, 68, is charged with one count of conducting a sports betting business, one count of interstate and international wire wagering, and one count of conspiracy to commit money laundering. The indictment says Greenfield worked mostly in cash deals with gamblers he took…