eGaming Review April 2013 | Page 10

M ONT H I N M I NUT ES RIGHT TO MONTH IN NUMB3RS €2.5bn CTBA in thinly veiled attack on New Jersey egaming law CHAIR OF THE CALIFORNIA TRIBAL BUSINESS ALLIANCE CALLS FOR STRICTER LICENSING LAWS contribution of live dealer to European online casino turnover See 'The battle for live casino', p46 £424m amount paid by William Hill for Playtech’s 29% stake in the operator’s mobile business See finance news, p18 It was anti-climactic in the end but after almost four years and two vetoes, New Jersey’s online gambling bill was signed into law last month. However, in a thinlyveiled criticism of the state’s refusal to include a so-called ‘bad actor’ clause to prevent operators which accepted post-UIGEA bets from US customers (a provision removed from the bill last year), CTBA chair Robert Smith said New Jersey “appears to be weakening the eligibility requirements needed to obtain a gaming licence”. “With the approval of the New Jersey online gaming law, the state, which has typically held to the gold standard of gaming regulations, now unfortunately appears to be weakening the eligibility requirements needed to obtain a gaming licence. While the local market in New Jersey may be driving these sorts of decisions, in California we cannot allow for reciprocity with states that have lower standards and softer controls opening the doors to questionable corporations, which now appears to be the case in New Jersey. "Gaming at all levels should be held to the same, very high standards set for tribal gaming agencies in California. It is in these regulations that are in place to address the nature and the business of the gaming industry, that we maintain the trust in the game and the con?dence of consumers and regional governments to promote a safe, fair and mutually bene?cial gaming industry,” Smith concluded. €30m Ladbrokes’ outlay on betting exchange Betdaq We look at the potential consequences of the deal on p9 HORSE PLAY la marketing Paddy’s guerril r off yet anothe team pulls last month’s great stunt at stival. Cheltenham Fe 18.5% mobile gambling gross win as percentage of overall gross win See H2 Gambling Capital’s data on mobile, p23 BETWAY FAMILY TREE Founded in 2006, the company is licensed in Malta, Spain, Denmark, Italy and SchleswigHolstein. In 2012 it launched mobile apps, agreed to sponsor UK newspaper the Daily Mirror’s fantasy football and has partnered with social operator Clickfun to launch a real-money slots offering. The firm has pledged to invest more than £10m this year on building its brand across Europe through a TV advertising campaign. 10 www.egrmagazine.com