Tuesday, January 17, 2012
Foxwoods Resort Casino: 11.4 percent increase in slot machine winnings
Foxwoods Resort Casino: 11.4 percent increase in slot machine winnings
Associated Press
Jan. 16, 2012
http://winsgame.com
MASHANTUCKET, Conn. (AP) — Foxwoods Resort Casino is reporting that slot machine winnings increased 11.4 percent in December compared with the same month in 2010, ending a revenue decline in recent months.
The eastern Connecticut casino run by the Mashantucket Pequot Tribal Nation says slot machine winnings in December were $50.2 million, up from $45.1 million in December 2010. The casino sent $13.7 million of the winnings to the state, under its gambling compact.
Gamblers wagered $602 million on Foxwoods' slot machines last month, a 9 percent increase from the same month in 2010.
The nearby rival Mohegan Sun Casino announced last week that its slot revenue increased 6.7 percent over December 2010.
International Olympic Committee IOC partnership for Betfair
IOC partnership for Betfair
1/16/2012
Online casino and betting exchange operator Betfair has signed a memorandum of understanding with the International Olympic Committee (IOC) that will see the pair exchange data regarding irregular or suspicious betting patterns during this summer’s London Olympic Games.
According to a report from the BBC, the agreement means that the IOC will be able to request the identities as well as other betting transaction details of Betfair account holders who may have wagered suspiciously.
Betfair signed a similar memorandum of understanding with the IOC for the Olympic Games in Beijing four years ago and stated that the London Olympic Games will be its biggest ever market to date as it is to offer odds on every single gold medal event.
The operator revealed that it will use in-house developed specialised software alongside and a team of ‘integrity experts’ to help identify potentially suspicious transactions before subsequently passing this information to the IOC.
“The interests of sports’ governing bodies like the IOC and Betfair are completely aligned in wanting to ensure consumers can bet on sporting events in a transparent and secure manner,” said Martin Cruddace, Chief Legal and Regulatory Affairs Officer for London-based Betfair.
Hugh Robertson, Minister for Sport and Olympics, told The Sunday Times newspaper earlier this month that match-fixing had overtaken doping as the biggest threat to the integrity of the Olympics.
He revealed that the Government Olympic Committee, which is a division within the Department for Culture, Media and Sport, has established a specialist team to monitor suspicious betting patterns and share intelligence on those who may be attempting to bribe athletes into fixing events.
“You cannot underestimate the threat this poses because the moment that spectators start to feel that what they are seeing is not a true contest that is when spectators stop turning up and the whole thing turns to pieces,” Robertson told The Sunday Times.
Paddy Power selects bespoke customer verification software from specialist Callcredit Information Group
Paddy Power selects Callcredit
16 January 2012
http://winsgame.com/paddy/sportsbook
Retail and online bookmaker Paddy Power has announced that it has signed a deal to utilise bespoke customer verification software from specialist Callcredit Information Group in order to check the identity of players signing up to its Internet wagering site.
Paddy Power revealed that the software will verify the identities of customers logging in from 130 nations around the world in real time order to help prevent underage betting and fraud.
“Know your customer has become increasingly important for both compliance and fraud detection purposes,” said Andy Ryan, Customer Security Manager for Paddy Power.
“We needed a solution that could deliver a worldwide approach to customer verification.
“When choosing a verification supplier to work with, we looked at four key areas; match rates, intelligence, support and cost.
I'm pleased to say that Callcredit performed well in all four areas. We have improved our UK and international match rates. We received excellent support throughout the integration process and continue to receive professional support through our client manager.
The pricing model suits our needs and the service shows great value for money.
“We are delighted to have chosen Callcredit as a verification supplier and look forward to working closely with it throughout the business relationship.”
Callcredit’s system will process bulk files of player identification records provided by Paddy Power before giving a confident pass or fail decision utilising data drawn from international sources and UK records including court judgements, insolvency data and the electoral register.
“Online betting has never been more popular and Paddy Power is one of the leading names in this field but this increased consumer interest is not without risk,” said James Blake, Head of Sales for Callcredit.
“Fraudulent accounts and underage players need to be quickly identified without compromising the verification of genuine players. We're delighted that Paddy Power recognised that Callcredit's depth and breadth of UK and international data used in our range of identification and anti-fraud tools were the ideal solution.”
16 January 2012
http://winsgame.com/paddy/sportsbook
Retail and online bookmaker Paddy Power has announced that it has signed a deal to utilise bespoke customer verification software from specialist Callcredit Information Group in order to check the identity of players signing up to its Internet wagering site.
Paddy Power revealed that the software will verify the identities of customers logging in from 130 nations around the world in real time order to help prevent underage betting and fraud.
“Know your customer has become increasingly important for both compliance and fraud detection purposes,” said Andy Ryan, Customer Security Manager for Paddy Power.
“We needed a solution that could deliver a worldwide approach to customer verification.
“When choosing a verification supplier to work with, we looked at four key areas; match rates, intelligence, support and cost.
I'm pleased to say that Callcredit performed well in all four areas. We have improved our UK and international match rates. We received excellent support throughout the integration process and continue to receive professional support through our client manager.
The pricing model suits our needs and the service shows great value for money.
“We are delighted to have chosen Callcredit as a verification supplier and look forward to working closely with it throughout the business relationship.”
Callcredit’s system will process bulk files of player identification records provided by Paddy Power before giving a confident pass or fail decision utilising data drawn from international sources and UK records including court judgements, insolvency data and the electoral register.
“Online betting has never been more popular and Paddy Power is one of the leading names in this field but this increased consumer interest is not without risk,” said James Blake, Head of Sales for Callcredit.
“Fraudulent accounts and underage players need to be quickly identified without compromising the verification of genuine players. We're delighted that Paddy Power recognised that Callcredit's depth and breadth of UK and international data used in our range of identification and anti-fraud tools were the ideal solution.”
Victor Chandler rebrands online sportsbook to BetVictor
Victor Chandler rebrands online sportsbook
16 January 2012
http://winsgame.com/vc
Global online gaming operator Victor Chandler International Limited has revealed that it has completed the extensive rebranding of its virtual sportsbook for punters in the UK from VictorChandler.com to BetVictor.com.
Victor Chandler International stated that Bet Victor is ‘already successfully running across Europe’ and it took the decision to rebrand its UK offering ‘to ensure consistency and instant recognition across all international markets’.
“Victor Chandler International maintains a rich heritage in the UK from a small family business to one of the strongest independent sports and gaming companies in the world,” read a statement from Victor Chandler International.
The online sportsbook operator declared that BetVictor.com offers ‘a fresh and exciting feel’ that was designed ‘to deliver a cleaner and more engaging betting experience for customers’. Additionally, Victor Chandler International announced that ease of navigation and enhanced functionality were at the heart of its rebranding exercise to compliment ‘a continuing range of great value betting opportunities across a raft of sporting events’.
“As a company we are always innovating and moving forward as well as extending our brand across new territories,” said Victor Chandler, Chairman for Gibraltar-based Victor Chandler International.
“The UK will continue to be the fulcrum of our international business and it makes perfect sense that the same brand name is used here as in foreign territories. I personally guarantee that we will continue to provide our superb range of betting opportunities across a comprehensive range of sporting events.”
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