Monday, May 21, 2018

Pachinko not ‘morally’ suitable for Japan’s casinos, lawmaker says

Casino – CalvinAyre.com
Pachinko not ‘morally’ suitable for Japan’s casinos, lawmaker says

A Japanese lawmaker has a beef with pachinko. Takashi Takai, of the Constitutional Democratic Party of Japan, has created a laundry list of questions for the government that questions the pachinko industry’s “moral fitness” in casinos. His main argument is that the game is the primary root of addiction in the country, and that the industry does virtually nothing to protect consumers.

Pachinko not ‘morally’ suitable for Japan’s casinos, lawmaker saysPachinko machines don’t reward money directly. They reward captured balls for tickets, which are subsequently traded for money elsewhere. To many, this helps the hybrid slot/pinball machine avoid the classification of being a gambling game but, rather, one of amusement. However, with the possible spread of casinos in Japan, lawmakers are revisiting the industry and have, so far, introduced lower payouts to the games.

In 2015, the pachinko industry dealt with a scandal that involved tampering of the machines. The ensuing government investigation, according to Takei, is a good enough reason to consider the validity of the machines in casinos. He was quoted by Asia Gaming Brief saying, “Considering that there was a major tampering case by pachinko makers from a mere three years ago, I believe we must take a strict view towards their participation in the casino industry. Also, the National Public Safety Commission, as well as the prefectural public safety commissions, have proven themselves unable to prevent large-scale tampering by the pachinko makers and therefore it is inappropriate to have them supervise the casino business.”

Takei should rest easy in knowing that the industry is already on life support. Last year, 420 pachinko cafes—one out of every 25—shut down. Additionally, 177 companies went belly-up, roughly 5% of all the operators in the country. There has been a decline in interest for a number of years as millennials seek out more exciting opportunities. Perhaps he should just let the industry have its remaining days in peace and let it die happy.

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ORYX Gaming deals with Colchian to integrate horse racing content

Casino News Today
ORYX Gaming deals with Colchian to integrate horse racing content

ORYX Gaming deals with Colchian to integrate a wide selection of horse racing content onto its popular interactive platform. Colchian is a leading software development company for the online gaming industry. They focus on sports betting, horse racing and online casino. As ORYX Gaming deals with Colchian, ORYX will enable its clients to enhance their offering with a particular focus ...

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Sunday, May 20, 2018

Poll: Half of Americans approve of legal sports betting

Las Vegas Sun Stories: Gaming
Poll: Half of Americans approve of legal sports betting
A new poll finds that half of Americans approve of legal sports betting. The Fairleigh Dickinson University poll conducted shortly before the U.S. Supreme Court cleared the way for states to legalize sports betting found that 50 percent of Americans favor it, with ...
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NFL not worried about casino investments of Carolina Panther’s new owner

World Casino News
NFL not worried about casino investments of Carolina Panther’s new owner

David Tepper is now the new owner of the Carolina Panthers NFL team, after sealing a deal last week to purchase the team for around $2.2 billion. Tepper is not only an investor in the NFL but also the casino industry. Tepper’s Appaloosa Management recently increased their casino investments and the NFL reportedly does not […]
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Saturday, May 19, 2018

Gambling, tech firms scramble for foothold in sports betting

Las Vegas Sun Stories: Gaming
Gambling, tech firms scramble for foothold in sports betting
Casinos, race tracks, daily fantasy sports companies and others are itching to offer bets in person and online after a court ...
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BtoBet nominated for EGR B2B Award

World Casino News
BtoBet nominated for EGR B2B Award

On June 20th, the Hurlingham Club in London will play host to the EGR B2B Awards 2018. The black-tie affair will see gaming industry giants come together to see who is considered the best of the best. Nominations for awards have already been announced with BtoBet being shortlisted as a nominee under the Innovation in […]
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NJ Online Gambling Revenue Still Going Strong, But Big Changes Are On The Horizon

NJ Online Gambling Revenue Still Going Strong, But Big Changes Are On The Horizon
lifting weights

April's NJ online gambling revenue hit $23M, a decline from March but still the second-best month for the industry, but interstate poker and sports betting in New Jersey will likely make waves in 2018.

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