Latest News
Pennsylvania slaps penalty worth US$480k
The Pennsylvania Gaming Control Board slapped fines worth of US$481,116 on a casino operator and three with other firms that provide gaming services.
The board and operators have reached an agreement over the fines. The Consent Agreements were negotiated and presented by the PGCB’s Office of Enforcement Counsel and approved by the Board at yesterday’s public meeting in Harrisburg.
Two of the Consent Agreements stemmed from a single matter in which a purchase agreement between two firms was enacted and led to the conducting of business with Pennsylvania casinos without proper notification to the Board or authorisation from the Board.
The larger of the fines, US$351,271.40, was levied against AGS. LLC, American Gaming Systems, a Nevada-based gaming manufacturer and distributor, for its failure to disclose their Intellectual Property Purchase Agreement with In Bet Gaming, LLC. Additionally, AGS, LLC then engaged in business with Pennsylvania casinos through In Bet Gaming, LLC and received proceeds from In Bet Gaming, LLC without having gained authorisation or licensure from the Board.
In Bet Gaming, Inc., a New Jersey-based Certified Gaming Related Service Provider to casinos in Pennsylvania, received a fine of US$55,744.60 for their role in this matter in which Pennsylvania licensing requirements were circumvented and led to AGS, LLC owning intellectual property rights to games operated in Pennsylvania casinos at a time when AGS, LLC was not authorised to do so.
Valley Forge Convention Center Partners, LP, operator of the Valley Forge Casino Resort in Montgomery County, faced a US$50,000 fine for giving out excess amounts of free slot play in violation of its approved complimentary matrix. Per regulation, each licensed facility in Pennsylvania is required to have in their internal controls a matrix of employees authorised to award complimentary services along with specific limits on the amount that may be authorised. An investigation by the PGCB’s Bureau of Investigations and Enforcement discovered that free slot play had been awarded during 2015 and 2016 by employees not authorised to do so or, if authorised, beyond limits of the authorisation, which lead to total awards higher than an approved level.
Ditronics Financial Services, LLC, a Nevada-based provider of slot machines to Pennsylvania casinos, received a US$24,100 fine for late filings of the required Audited Annual Financial Statements for 2016 and 2017. The next meeting of the Pennsylvania Gaming Control Board is scheduled for 10:00 a.m., Wednesday, 18 July 2018 in the PGCB’s Public Hearing Room located on the second floor of the Strawberry Square Complex in Harrisburg.
Source: FocusGamingNews
Source: Latest News on European Gaming Media Network
Latest News
Stretch Network Crazy Promotion
Stretch Network is thrilled to announce a crazy opportunity to engage and reactivate small- and medium-stakes poker players with the launch of our latest tournament.
Tournament Details:
Name: CRAZY?! [Overlay Edition]
Guaranteed Prize Pool: €11,111
Buy-in: €1
Re-entry: €1
Start Time: 17:00 (UTC+0)
Date: November 24, 2024
Table Format: 8-max
Max Players: 2000
Entry Phases: Starting from just €0.1
This event is guaranteed to have an overlay, providing exceptional value and sure to generate excitement within the community.
Collaborate to make CRAZY?! [Overlay Edition] an unforgettable experience for your players.
The post Stretch Network Crazy Promotion appeared first on European Gaming Industry News.
Latest News
TaDa Gaming Releases “Ocean Hunter”
Renowned iGaming content provider, TaDa Gaming, is taking players on a deep dive to immersive play in latest Fishing-Shooting release Ocean Hunter. Adding to the thrilling gameplay, multipliers to 1000x and a host of underwater creatures offering significant bonuses are circling the Ocean Hunter and his net.
With Fishing-Shooting games, there are no paylines or reels, the whole screen is the game. Ocean Hunter enables players to play from the position of the Hunter on his boat; and in a change to cannon and ammo fire, a high speed net is cast, ready to capture anything and everything within the vicintity for even bigger rewards. Plus, every cast of the net adds to the Energy Bar Accumulator, building up to activate the Free Electric Net feature.
The ocean floor is a busy place for the Hunter as schools of fish, shivers of sharks and pods of whales race past. Whether Hammerhead or Razor Shark or Killer Whales, net one of these giants and trigger the Rainbow Feature for wins of 2x for sharks and 3x for whales.
Ocean Hunter is a game of strategy and skill. The settings allow for players to single out their chosen creatures by bonus value or multiplier level and fully personalise their experiences.
Multiple choice is offered with three rooms – Newbie, Joy and Honor, each with different volatilities from low, medium to high, different Lucky Wheel rewards from 500x, 750x to a max of 1000x but all offering both solo and multiplayer capabilities for social gaming opportunities.
Every click has the chance to trigger the Lucky Wheel with up to 1000x depending on which room players choose. In addition, between one and four additional multipliers of 2x, 3x and 5x are randomly applied to segments of the wheel to take the rewards even higher.
Each successful catch sees showers of gold coins pour down the screen and stack up in towers on the win counter, creating a magical visual display and recreating the feel of the casino or arcade.
Enhanced with a Sixties style “perfect pop” soundtrack and TaDa’s signature fine detail, high quality graphics and cinematic animations, the underwater hunt is the place to be this November.
Sean Liu, Director of Product Management at TaDa Gaming, said: “Fishing-Shooting games are known for being easy to grasp and getting more strategic the deeper in players get. Ocean Hunter delivers this style of play in a mobile first, fast paced and exciting adventure. It’s a great introduction for those new to Fishing-Shooting and an immersive challenge for more experienced players.”
The post TaDa Gaming Releases “Ocean Hunter” appeared first on European Gaming Industry News.
Latest News
ACMA: Tabcorp Pays $262,000 Penalty for Illegal In-Play Bets
Tabcorp Holdings Limited (Tabcorp) has paid a $262,920 penalty for taking online in-play sports bets, which is illegal in Australia.
An Australian Communications and Media Authority (ACMA) investigation found Tabcorp accepted 854 in-play bets across 69 tennis matches between April and October 2023.
Online in-play betting—wagers made on a sporting event after it has commenced—is prohibited in Australia under the Interactive Gambling Act 2001.
Authority member Carolyn Lidgerwood said the ban on online in-play betting is in place to protect vulnerable people.
“In-play betting increases access to gambling opportunities and exacerbates the risks of gambling harm, as people can place bets with high frequency on multiple outcomes during sporting events,” Ms Lidgerwood said.
“There has been significant growth in online sports betting in recent years and it’s important all online wagering services have systems in place so that illegal in-play bets are not accepted.”
During the investigation Tabcorp reported that the breaches occurred due to a technical “bug” in its systems. While the error first occurred in April 2023, it was not fixed until October 2023.
“Tabcorp is a major wagering operator and it is concerning that it took some 6 months for the system error to be identified and fixed,” Ms Lidgerwood said.
In addition to paying the $262,920 penalty, Tabcorp has also advised the ACMA of controls it now has in place and future steps it will be taking to minimise the risk of online in-play bets being accepted.
In its consideration of this matter the ACMA also took into account that Tabcorp had voided all bets so consumers did not suffer any loss and Tabcorp did not profit from the errors.
Tabcorp was previously issued a formal warning by the ACMA in November 2021 for accepting in-play bets on a United States college basketball game.
The post ACMA: Tabcorp Pays $262,000 Penalty for Illegal In-Play Bets appeared first on European Gaming Industry News.
-
Latest News2 months ago
BlueOcean Gaming Wins Best Aggregator 2024 Award at SiGMA East Europe Awards
-
Latest News2 months ago
BOS/The Swedish Trade Association for Online Gambling commissions Advisense to strengthen efforts against money laundering
-
Latest News2 months ago
EGT’s bestseller Bell Link with another great success: Its bells are now ringing in the Czech market
-
Latest News1 month ago
MIRACL partners with Continent 8 to offer its single-step passwordless MFA solution to simplify the login experience
-
Latest News2 months ago
Applications invited to become safer gambling charity for 2025 editions of ICE, iGB Affiliate and iGB L!VE
-
Latest News1 month ago
ACR Poker’s OSS XL Exceeds Guarantee With Over $46 Million In Prize Pools
-
Latest News1 month ago
Match of LeGGends: Double Down. Highlights of the show match between NAVI and Team Vitality
-
Latest News1 month ago
FBMDS and FBM Foundation host solidarity keepy-uppy initiative at G2E Las Vegas 2024
You must be logged in to post a comment Login