Posts Tagged ‘Offering’

Hard Rock Atlantic City to Use GiG Platform for Online Gambling Offering

 Hard Rock Atlantic City to Use GiG Platform for Online Gambling Offering

On Monday, Malta-based Gaming Innovation Group (GiG) announced that it has entered into a five-yar agreement with Hard Rock International to be the company’s online gambling provider for its Hard Rock Atlantic City property, set to open this summer. The two companies had signed a Letter of Intent in late October, though at the time, GiG did not make it public that its partner was, in fact, Hard Rock International.

Gaming Innovation Group was founded in 2008 and has offices in six cities: Malta, Marbella, Gibraltar, Oslo, Kristiansand, and Copenhagen. It owns seven business-to-consumer online gambling and sports betting brands, focusing on European markets. That is, until now. The venture with Hard Rock will be GiG’s first foray into the young United States regulated online gambling market.

GiG explained what it will provide in Monday’s press release:

The agreement will see GiG furnish Hard Rock with a state of the art digital consumer portal, as well as the back-end platform to manage their operations. GiG has communicated ambitions to expand its platform services, focusing on larger clients by utilizing platform scalability. The agreement is a breakthrough for GiG’s platform services as it marks the first agreement with a major global brand and land based casino chain. GiG will also supply Hard Rock with its new front-end casino service, GiG Magic.

“We are excited to be part of Hard Rock’s inspiring and innovative plans,” said Robin Reed, CEO of GiG. “This agreement confirms the attractiveness of the GiG platform and the ability to support major operators in the industry. By adding a New Jersey license, we will move into our third regulated market, positioning GiG towards an important and growing iGaming market.”

Added SPV of Online Gaming at Hard Rock, Kresimir Spajic, “Hard Rock has an ambitious plan to become a global leader in the international online gaming space. We are confident that, together with GiG, we can disrupt the market, through product innovation and unique user experience.”

Hard Rock Atlantic City is the former Trump Taj Mahal, which closed in October 2016. Things were a mess leading up to the closure (aren’t they usually?) as Carl Icahn, the largest debtholder of Trump Entertainment Resorts took control of the casino when the company came out of bankruptcy in February 2016. In the months that followed, he refused to invest $ 100 million into the casino that he promised, holding out for tax breaks from Atlantic City and New Jersey. He got concessions from the Unite Here Local 54 union, causing its members to lose pension and health benefits, but when the union later tried to negotiate to get their benefits back, Icahn wouldn’t budge. The workers went on strike and the Taj eventually closed, Icahn blaming the union.

Hard Rock International acquired the Trump Taj Mahal in late March 2017. It has plowed $ 500 million into the property, converting it to its Hard Rock brand and plans to re-open this summer. The online gambling products are expected to also launch this year, though GiG did not specify if this would happen when the casino opens its doors.

The post Hard Rock Atlantic City to Use GiG Platform for Online Gambling Offering appeared first on Poker News Daily.

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MGM, GVC Team for New Jersey Online Casino/Poker Offering

 MGM, GVC Team for New Jersey Online Casino/Poker Offering

According to announcements from the players involved, the New Jersey online gaming industry will be growing by one very soon.

Last week, MGM Resorts International announced that they would be teaming with GVC Holdings PLC – the ownership behind partypoker – to bring a new entry into the Garden State’s online gaming and poker offerings. MGM, which owns the Borgata Hotel Casino & Spa on the Atlantic City boardwalk (and is already offering a popular set of sites), has been looking for some way to introduce an eponymously named sites that would work as a compatriot for the Borgata operation but still be standing on its own. Later this year, MGM will offer GVC’s software to run its games (at this point, it looks like the site may be called “PlayMGM.com”), looking to have over 300 casino games along with cash and tournament poker that will not only be offered online but also will be offered through mobile variants.

Naturally, both companies were excited to extend their partnership into another venue. “We are delighted to extend our relationship with MGM Resorts and to be launching casino and poker under the playMGM brand in New Jersey,” said GVC’s Chief Operating Officer Shay Segev. “MGM Resorts is quite simply one of the biggest and best names in the business, and we look forward to working with them for many years to come.”

Echoing those sentiments was Corey Sanders, the Chief Operating Officer of MGM Resorts. “This is a historic moment for MGM Resorts to be launching real money online casino and poker under the MGM brand for the first time. GVC has been a first-rate partner for us, and we are excited about the possibilities of extending that partnership as regulated markets open up in the U.S.”

The Borgata/GVC partnership has been a profitable one for both sides. Since their partnership began when New Jersey opened for online gaming and poker in 2013, the Borgata and GVC have earned over $ 152 million, outpacing the second-place operation of Caesars/Harrah’s and 888 Holdings (have earned slightly more than $ 117 million in the same time span). Those two organizations have dominated the online poker segment of the New Jersey industry, with Borgata/GVC slightly outpacing Caesars/Harrah’s/888 by slightly more than $ 5 million.

Whether there is enough room for another operation in New Jersey is the question, however. When it was introduced in 2013, the two properties with a similar name – the Trump Taj Mahal and the Trump Plaza – were both involved in the Jersey online gaming scene. Within a couple of months, the Plaza was left in wreckage along the side of the road, while the Taj Mahal (paired with the now-defunct Ultimate Gaming) was able to stagger on until September 2014. Once Ultimate Gaming closed its doors, the Taj Majal lost its partner in the dance and shut off its operations (both properties are now closed).

A newcomer, Resorts AC, was one of the companies that was struggling on the sidelines in November 2015, but that was before they signed a deal with the company that was thought to be the “savior” of online poker in New Jersey. Resorts AC (already running an online casino operation), and its partnership with Amaya Gaming and the #1 online poker site in the world PokerStars, came into the fray in March 2016 and, to be honest, has not brought the throngs that people thought would turn out (especially in the poker arena). Since the debut of PokerStars in New Jersey in March 2016, they have consistently been the #1 online poker operation in New Jersey, but that lead is not dominant. After an initial burst of activity, the three online rooms have settled in to divvying up the $ 2 million online poker market in the state roughly equally.

The question will have to be asked if there are enough customers to support another online casino/poker operation in the state, but we’ll have to wait to see what that outcome will be. The new MGM/GVC partnership won’t open its doors until later this year, at which point players will decide whether the newcomers are worthy contenders or just another site.

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Women in Poker Hall of Fame Offering Public Vote in Selecting Next Members

 Women in Poker Hall of Fame Offering Public Vote in Selecting Next Members

The Women in Poker Hall of Fame is set to induct a new class of members to their rolls this fall. In the past, they have traditionally kept their voting “in the house,” meaning that a select committee and the past inductees were the only ones who were voting on new members. For the 2016 class, however, the WiPHoF has decided to offer the poker public a voice in the matter.

First, here’s a list of the potential inductees and a quick word as to their qualifications:

Debbie Burkhead – Longtime player, reporter, photographer and instructor, involvement with poker since the mid-90s.

Karina Jett – Outstanding tournament and cash game history, advocate for women in the game since the late 1990s.

Victoria Coren-Mitchell – The only two-time champion in the history of the European Poker Tour, longtime veteran of the toughest cash games in Europe.

Mandy Glogow – Television producer behind the World Poker Tour for Fox Sports 1.

Shirley Rosario – Cash game expert with vast knowledge of Omaha Hold’em and Seven Card Stud, still terrorizing the Southern California card rooms.

Esther Rossi – Considered one of the best Stud players in history – regardless of gender – Rossi has battled it out on the felt for more than 30 years across the United States.

Jennifer Tilly2005 World Series of Poker Ladies’ Champion, multiple cashes on the WSOP and World Poker Tour circuits. Longtime advocate of women in poker.

For this year’s nominees, the WiPHoF has asked that the poker public visit their website and choose just ONE of these ladies for consideration for the Hall. The public vote will count as one vote alongside the previously inducted members of the Hall and the overseeing voting council. The public will have until noon on May 13 to be able to enter their choice and the newest inductees into the Women in Poker Hall of Fame will be named later this month.

First off, the choices put up by the WiPHoF are excellent. Any of the ladies mentioned above would be worthy of induction alongside the likes of Barbara Enright and Linda Johnson (the only members of both the Women in Poker Hall of Fame and the Poker Hall of Fame), Cyndy Violette, Jennifer Harman, Kathy Liebert, J. J. Liu, Kathy Raymond, Allyn Shulman and Deborah Giardina. In theory, however, only two of the ladies mentioned above will get inducted and these two seem to be the best choices.

The WiPHoF could break a longstanding issue that the Poker Hall of Fame has in recognizing players that come from outside of North America (Liu was born in Taiwan but is a naturalized U. S. citizen). Great Britain’s Coren-Mitchell has been an advocate for women in poker since she stepped to the felt in her early years. Vicky has been an ambassador for the game, writing about her exploits on the felt in a variety of newspapers and in her autobiography For Richer, For Poorer: A Love Affair with Poker. Finally, as the ONLY player to ever have won two EPT Main Event titles in that tour’s 12-year history (in comparison, the World Poker Tour has had four men who have won three titles and no woman has ever won an open event), Coren-Mitchell would be hugely overlooked if she isn’t chosen.

If there were to be a second choice from the public, it should be Rossi. Linking the game’s past to the Hall is something that can never be seen as an incorrect decision. Rossi’s skills in the game – when it wasn’t “appropriate” for the ladies to be a part of the game – had to have been very strong to withstand the onslaught at the tables in those days. To repeat, this isn’t a slight against the other women in the mix. These are arguably the best two choices available, however.

Currently the vote is heavily going towards Rosario, who is dominating with nearly 60% of the vote. Jett, Burkhead and Tilly are all battling it out with about 10-12% of the vote, while Coren-Mitchell lags back (7%) and Glogow and Rossi aren’t earning very much support. The polls will remain open until Friday and, by the end of the month, the newest inductees to the Women in Poker Hall of Fame will be known.

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