Gambling News – Page 110

Betsoft Gaming says Mr. Vegas is Back!

betsoft_gaming_says_mr_vegas_is_back Betsoft Gaming’s legendary grandiose open-shirt Las Vegas plunger is back with a beautiful woman on each arm in Mr. Vegas 2: Big Money Tower. The new game is live now and was released nearly 11 years after the enduring inaugural release of Mr. Vegas on May 17, 2012.

One big difference between this game and the earliest version is that the progressive jackpot has been removed. In exchange, the default return to player percentage (RTP) has been increased from 93.60% to a much better 96.06%. The volatility has also been ratcheted up significantly from medium to very high.

Keep reading to learn more about other improvements and changes as well as a way to determine the highest-paying awards when you trigger the bonus round and pick a card for one of three possible free spins enhancements.

Multiple Licenses, Games Available in USA

Betsoft is one of the most prolific suppliers of online casino games out there but the company is not without some controversy in its past. The official company website currently claims RNG (random number generator) certification by leading testing houses and audit labs QUINEL and GLI as well as license seals from the Malta Gaming Authority, Romania’s ONJN, and Italy’s Customs and Monopolies Agency (ADM).

Controversies include the developer claiming an unwritten term when a progressive jackpot was won (GlamLife 2016), a sudden abandonment of its previous license in another jurisdiction with no transparency as to the reason why (Alderney 2014), a lack of easily found public records of anyone actually collecting one of its progressive jackpots, and finally, a glitchy keno game giving non-random results (2010).

The company’s QUINEL certificate is only for the RNG as tested without any games plugged in. The company displays the GLI seal with a link to a generic page rather than to the actual certification document as required by Gambling Labs International.

Sixty Paylines, 5×4 Reels, Buy Bonus, Free Spins, Big Money Tower, More

Whereas the original Mr. Vegas was a 5-reel game with 3 positions each the new game adds one more visible reel position and doubles the paylines to 60. The bet levels are still “Betsoft strange” ranging from $0.30 to $150 per spin at intervals of $1.50, $3, $9, $18, $24, $39, $54, $75, and $105.

The max win is 2601X your bet with every spin and the Big Money Tower can award 1,000x your total stake if you make it to the top of the right one.

High Hit Frequency

Another big difference players will find with this game is a much higher “hit frequency”. The first version may have “felt” more like a highly volatile game than it really was because it produced a win only 8.25 times in every 100 spins on average for a hit rate of 8.25%. Roughly one in every 12 spins produced a win of some sort, whether it returned the value of your bet, less or more, is not accounted for in that aspect of the maths.

The hit rate for Mr. Vegas 2: Big Money Tower is 18.22% so nearly one in every five spins (5.48) will return something. Since this game is more volatile by amplitude (Very high vs medium) and the hit frequency is more than doubled, we can jump to a weak assumption that the base game returns are each smaller on average and the greater volatility resides in the bonus mechanics.

It’s really a quite brilliant re-engineering of a time-honored favorite. The game should feel brand new while still warming the cockles of Mr. Vegas fans.

Look for Stacked Mystery Symbols on all five reels – they can turn into anything but scatters or bonus symbols, even wild symbols before the spin.

Three scatters appear on reels two, three, and four will bring up two face-down playing cards. Choose one to get one of three bonus mechanics.

Sticky Wilds offer 10 Free Spins and the wild symbols stay in place throughout the round when they are part of a win.
Expanding Wilds and 12 Free Spins cover the reel and stay in place for a re-spin. Landing another wild adds another respin.
Random Wilds come with 15 Free Spins and two to six Wilds will appear in each free game.

Buy Bonus

While you can’t choose which bonus you will get when you trigger the bonus with random scatter symbols, you can buy the bonus you want to play!

When betting $0.30 per spin you can the following bonuses:

10 free spins with sticky wilds will cost $23.40
15 free spins with random wilds will cost $31.20
12 free spins with expanding wilds can be bought for 36.90

Big Money Tower

There are three Big Money Towers and landing the proper symbols on reels one, three, and five will take you to one at random. The towers are Bronze, Silver, and Gold. Flip a coin to move one rung up the ladder or collect your winnings up to that point. You will always win something and you won’t need to risk what you’ve already won in order to progress. Just flip a coin and build your fortune until you collect your winnings.

If you reach the top rung of the Golden Tower you will win 1,000x your stake for the triggering spin.

You can learn more about Betsoft Gaming software and games here.

Source: Betsoft Gaming Delivers The Ultimate V.I.P. Gaming Experience in Mr. Vegas 2: Big Money Tower, Betsoft Gaming, March 30, 2023

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SZTFH Decree Massages Hungary’s Online Betting Operator Rules

sztfh_decree_massages_hungarys_online_betting_operator_rules With a ruling party super-majority in the Parliament of Hungary, simply pulling the levers of powers should be enough to move any desired legislation through the political process in a normal and legal manner. However, for well over 2,500 days now the government has used that absolute majority to do some things without transparent debate or utilizing other hallmarks of liberal democracy – instead relying on simple decrees to accomplish the State’s business.

That’s not to say that the emergency powers completely constipate the government, as can be seen in the online gambling industry through the lens of the country’s Gambling Act – something Hungary has been “trying to get right” since the Court of Justice of the European Union (CJEU) issued rulings in 2016 and in 2017 which should encourage the government to come into compliance not to infringe the freedom to provide services (Article 56 TFEU) or grant non-competitive concessions.

The Supervisory Authority for Regulatory Affairs (SZTFH) has recently issued a decree implementing minor changes to allow amendments to the country’s Gambling Act to function more fairly or efficiently.

Technical Clarifications, Fees

Operators who wish to offer online sportsbetting there must meet certain financial requirements and prove up at least five years of experience offering licensed online gambling services in a European Economic Area state. Any operator who has offered unlicensed gaming within five years of the dated application will be rejected from consideration for a license.

In an attempt to protect bettors from harm, operators will be able to offer early cashouts on sports betting wins but the operator must warn the player about the immediate gratification of such an action as it could contribute to gambling addiction.

The decree reads: “The gambling operator is obliged to expressly draw the player’s attention to the fact that the use of this function entails an increased risk of excessive gambling and addiction and this information shall appear in the text of promotion in the same font size as the text.”

It continues: “The gambling operator shall also make available to the player on the gambling website the information that the use of that function entails an increased risk of excessive gambling and addiction.”

In order to facilitate early cashouts bettors will now be allowed to have segmented account balances rather than one master balance.

Early cashouts are subject to any regular terms and conditions of other withdrawals.

Recent History of Changes

Early last year, legislation was introduced to help Hungary come into compliance with anti-monopoly measures that should promote a more free and open market as many nearby EU states have done. At the dawn of 2023, several conditions or technical changes were made that could apply to casino operators as well as sports betting providers.

However, none of the changes loosen the hold on remote casino licenses that are still tethered directly to the three main land-based operators. While the CJEU ruled in Unibet’s favor in 2016, ostensibly opening the door to other European online casino operators, the land-based casinos can be declared a priority of national economic interest. This allowed budget items in the 2021 work sessions to grant 35-year extensions to the casino licensees without a public tender process.

The workaround used, according to local democracy watchdogs was to re-allocate the concessions as at least half of the original concession period had come to pass. This was purported to assure the state continuity in revenues for the long term.

A government-connected stakeholder in Las Vegas Casino group is operated by Diamond Játékaszinó Üzemeltet? Kft. (LVC Diamond), the most important urban casino operator was originally granted a concession in 2015 that was set to expire in 2024 but now extends to 2056.

Our research does not find any mechanism in legislative accomplishments or decrees that would untether online casino licenses in Hungary from land-based operator licenses so it would appear as if at least one operator is locked in.

The LVC Diamond properties include The Atlantis, Atrium Eurocenter, Corvin Promenade, Sofitel, and Tropicana casinos.

Tax Authority Retaliated Against Operator for Lawsuit

One thing the Unibet lawsuit did accomplish was to tease out a CJEU ruling that recognizes Hungary’s online gambling rules did not allow the taxing authority to take retaliatory actions against other EU-licensed operators as it did in response to Unibet filing suit. Those actions included ordering ISPs to block access to the site and the levying of fines against the operator and its parent company, Kindred Group.

In short, while the process for licensing land-based casinos and thus their tethered counterparts online may not be in line with EU standards, there isn’t much, if anything standing in the way of a Malta Gaming Authority-licensed casino offering services there.

So far, SZTFH has not authorized any foreign operators to offer sports betting with all regulated consumer traffic still flowing through Tippmixpro.hu – operated by the former and still a de facto monopoly of Szerencsejáték Zrt.

Source: Hungary regulator implements new Gambling Act amendments, iGaming Business, March 29, 2023

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UConn Opens as a Favorite Against San Diego State in NCAA Championship Game

Two teams remain in the hunt for the March Madness men’s college basketball championship, and #4 UConn squares off against #5 San Diego State in the final on Monday evening in Houston, Texas. UConn is currently a 7.5-point betting favorite over San Diego State.

San Diego State Lamont Butler buzzer-beater Final Four March Madness FAU UConn championship odds — San Diego State players mob guard Lamont Butler (5) after he drilled a game-winning buzzer beater to lead the Aztecs to a victory against Florida Atlantic in the 2023 Final Four at NRG Stadium in Houston, Texas. (Image: AP)

When oddsmakers in Las Vegas opened the championship line on Saturday evening, UConn was installed as -6.5 favorite according to MGM. Early money backed UConn, and the line moved a full point as of Sunday morning.

For underdog bettors, San Diego State is now getting +7.5 points. You can back them on the moneyline at +290 on DraftKings. UConn is currently -350 as the moneyline favorite.

The points total in the championship game is currently 132 over/under. The total initially opened at 130.5 o/u.

UConn and San Diego State tipoffs off at 8:20pm ET at NRG Stadium in Houston.

According to ESPN, only 2.4% out of two million entries in their Men’s Tournament Challenge selected UConn to win the championship. Only 0.3% of all March Madness brackets at ESPN picked San Diego State to win the title.

San Diego State Advances on Buzzer Beater

San Diego State was the only team in the Final Four who were ranked according to the preseason AP Top 25 College Basketball Poll. The Aztecs began the season at #19, and they entered March Madness at #18.

San Diego State defeated Florida Atlantic, 72-71, on a buzzer beater to advance to the championship game. Florida Atlantic blew a 12-point lead in the second half, and San Diego State won their Final Four battle thanks to a 17-foot jumper at the buzzer from Lamon Butler.

Butler, a junior guard, averaged only 8.7 points per game for San Diego State this season. He had scored only seven points against Florida Atlantic prior to his game-winning shot.

I always dreamed of this moment,” Butler said. “I’m just happy it was able to come to fruition.”

San Diego State’s road to the Final Four included victories against #12 Charleston, #13 Furman, #1 Alabama, and #6 Creighton. San Diego State squeaked by Creighton in a one-point victory in the Elite Eight to advance to the Final Four.

Florida Atlantic embarked on a Cinderella run in this year’s March Madness as the #9 seed. The little-known Owls defeated #8 Memphis, #16 FDU, #4 Tennessee, and #3 Kansas State to earn their first-ever trip to the Final Four.

Before the tournament began, San Diego State was +6000 odds to win March Madness according to DraftKings’ futures board. Their title odds improved to +380 at the start of the Final Four.

San Diego State struggled to cover the point spread this season with a 19-16-2 ATS record, but they went 5-1 ATS during March Madness.

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UConn Blows Out Miami

In the final AP Poll at the end of the regular season, UConn was ranked #10 in the nation, and Miami was ranked #16. Neither team earned a preseason ranking.

UConn obliterated everyone in their path to the championship game, and they won four March Madness games by at least 23 points. The Huskies became only the sixth team in March Madness history to win their first five tournament games by a double-digit margin. They blew out #13 Iona, #5 St. Mary’s, #8 Arkansas, and #3 Gonzaga to lock up a spot in the Final Four.

Miami fell behind early, but tied the game at 19-19 midway through the first half. Propelled by a 18-5 run, UConn headed into halftime with a 13-point lead. Miami trailed by 20-plus in the second half, but their last-gasp rallies fell short. UConn held on to win 72-59.

We’re able to kind of body blow our opponent,” said UConn head coach Danny Hurley.

“We feel like we’re the best defense in the nation,” added senior guard Tristen Newton.

UConn forward Adama Sanogo led all scorers with 21 points in the victory. The junior, originally from Mali, also hauled down ten rebounds and blocked two shots.

Miami was designated with a #5 seed in March Madness. They defeated #12 Drake, #4 Indiana, #1 Houston, and #2 Texas to earn a spot in the Final Four.

When the tournament began, UConn was +1600 odds to win March Madness. At the start of the Final Four, UConn saw their championship odds improve to -125.

UConn is the second-best betting team in the country this season with a 26-11-1 ATS record. They covered all five March Madness games, and they’re 10-1 ATS in their previous 11 games.

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Harry Kane and Cristiano Ronaldo keep both England & Portugal Perfect in the European Championship Qualifiers

harry_kane_and_cristiano_ronaldo_keep_both_england_and_portugal_perfect_in_the_european_championship_qualifiers Both the national clubs of England and Portugal have recorded their 2 – wins out of their 2 – games apiece to begin the commencement of the European Championship qualifying matches, and both England and Portugal were led and assisted by their superstar players in Harry Kane as well as Cristiano Ronaldo who keep their record – breaking streaks going.

Kane spiked his record – extending 55^th – goal score for his national team in order to help England defeat Ukraine with a final tally of 2 to 0, while on the other hand Ronaldo found the back of the net 2 – times in his 198^th – international match appearance for the Portugal national squad in their 6 to nil victory over Luxembourg recently.

Slovenia was the only other national team during the start of the 2024 European Championship qualifying matchesto begin with a perfect start following their first 2 – contests as they defeated San Marino with the final score of 2 to 0.

The defending champions of the European Championship, Italy, finally secured their 1^st – victory of these qualifiers by beating Malta with the final of 2 to nil.

Kane Continues to Deliver for England

Following Kane surpassing the all – time great English footballer in Wayne Rooney as England’s forth most leading goal scorer, he happened to extend his record streak during a penalty – kick on Thursday, March 23^rd, 2023 in a victory over Italy on Italy’s native soil.

Kane then went on to further extend his record streak at Wembley in London, England as the English national captain hit pay dirt during the 37^th – minute of match play in the Group C contest after converting Bukayo Saka’s sweet cross – kick in front of the far post for another quality goal score.

Deservingly, Saka made his name known on the match score – sheet just 3 – minutes after Kane’s strike when he turned on the edge of the area in order to curl in a devasting shot up in to the top corner of the opposing goal.

Italy managed to somehow bounce back from their opening 2024 European Championship qualifying match to the hands of England by coming out victorious vs. Malta when with Mateo Retegui found the back of the net once again.

The forward that is a native of Argentina in Retegui, who has attained Italian citizenship via his maternal grandmother, headed in a corner – kick for a goal for the Italy’s opening score during the 15^th – minute of match play. Retegui became the 1^st – Italian national player to score a goal throughout his 1^st – 2 competitive international contests in approximately 55 – years.

The Azzurri – side managed to double their tally count in the 27^th – minute of the game when Matteo Pessina snapped the ball passed the defending goalkeeper on a low cross – kick from his teammate Emerson.

Ronaldo comes through Strong for Portugal

The all – time goal score leader in men’s football, Ronaldo, took his career count for Portugal to 122 – total goals throughout his 198 – international matches for the Portuguese national team.

The now 38 – year – old Cristiano began the scoring when he slapped the net with his club’s 4^th – goal just following the 30 – minute mark as the 2016 champions very easily came out victorious in Luxembourg. João Félix, Bernardo Silva, as well as the substitutes of Otavio and Rafael Leão continued to add more goal scores for team Portugal.

Also, in Group J action of the 2024 European Championship qualifying matches, Aron Gunnarsson snapped some nice shots to record a 2^nd – half hat trick as Iceland defeated Liechstein 7 to nil, and Slovakia ended up taking down Bosnia – Herzegovina with a final tally of 2 to 0.

Harry Kane’s Football Career Achievements, Honors, & Awards

Tottenham Hotspur

Football League / EFL Cup Runner – Up: 2014 – 2015, 2020 – 2021
UEFA Champions League Runner – Up: 2018 – 2019

England

UEFA European Championship Runner – Up: 2020
UEFA Nations League Third Place: 2018 – 2019

Individual

Millwall Young Player of the Year: 2011 – 2012
Premier League Player of the Month: January 2015, February 2015, March 2016, February 2017, September 2017, December 2017, March 2022
PFA Premier League Team of the Year: 2014 – 2015, 2015 – 2016, 2016 – 2017, 2017 –2018, 2020 – 2021
PFA Young Player of the Year: 2014 – 2015
Tottenham Hotspur Player of the Year: 2014 – 2015, 2020 – 2021
Premier League Golden Boot: 2015 – 2016, 2016 – 2017, 2020 – 2021
Premier League Playmaker of the Season: 2020 – 2021
PFA Fans’ Player of the Year: 2016 – 2017
Football Supporters’ Federation Player of the Year: 2017
England Player of the Year Award: 2017, 2018
FIFA World Cup Golden Boot: 2018
FIFA World Cup Dream Team: 2018
IFFHS World’s Best Top Goal Scorer: 2017
London Football Awards Premier League Player of the Year: 2018, 2021

Orders

Member of the Order of the British Empire: 2019

Cristiano Ronaldo’s Football Career Achievements, Honors, & Awards

Sporting CP

Supertaça Cândido de Oliveira: 2002

Manchester United

Premier League: 2006 – 2007, 2007 – 2008, 2008 – 2009
FA Cup: 2003 – 2004
Football League Cup: 2005 – 2006, 2008 – 2009
FA Community Shield: 2007
UEFA Champions League: 2007 – 2008
FIFA Club World Cup: 2008

Real Madrid

La Liga: 2011 – 2012, 2016 – 2017
Copa del Rey: 2010 – 2011, 2013 – 2014
Supercopa de España: 2012, 2017
UEFA Champions League: 2013 – 2014, 2015 – 2016, 2016 – 2017, 2017 – 2018
UEFA Super Cup: 2014, 2017
FIFA Club World Cup: 2014, 2016, 2017

Juventus

Serie A: 2018 – 2019, 2019 – 2020
Coppa Italia: 2020 – 2021
Supercoppa Italiana: 2018, 2020
Portugal U20
Toulon Tournament: 2003

Portugal

UEFA European Championship: 2016
UEFA Nations League: 2018 – 2019

Individual

FIFA Ballon d’Or / Ballon d’Or: 2008, 2013, 2014, 2016, 2017
FIFA World Player of the Year: 2008
The Best FIFA Men’s Player: 2016, 2017
The Best FIFA Special Award for Outstanding Career Achievement: 2021
European Golden Shoe: 2007 – 2008, 2010 – 2011, 2013 – 2014, 2014 – 2015
FIFA Club World Cup Golden Ball: 2016
UEFA European Championship Team of the Tournament: 2004, 2012, 2016
UEFA European Championship Golden Boot: 2020
Premier League Player of the Season: 2006 – 2007, 2007 – 2008
La Liga Best Player: 2013 – 2014
Serie A Footballer of the Year: 2019, 2020
Premier League Golden Boot: 2007 – 2008
Pichichi Trophy: 2010 – 2011, 2013 – 2014, 2014 – 2015
Capocannoniere: 2020 – 2021
FPF Portuguese Player of the Year: 2016, 2017, 2018, 2019, 2022

Orders

PRT Ordem de Nossa Senhora da Conceicao de Vila Vicosa Cavaleiro ribbon.svg Medal of Merit, Order of the Immaculate Conception of Vila Viçosa (Portuguese Royal Family)
PRT Order of Prince Henry – Grand Officer BAR.png Grand officer of the Order of Prince Henry
POR Ordem do Merito Comendador BAR.svg Commander of the Order of Merit
Cordão Autonómico de Distinção

Sources:

Matar, Aniella. “Kane and Ronaldo help England and Portugal stay perfect”. The Associated Press. Sunday, March 26, 2023.

Football Reference News Services. “Harry Kane”. Football Reference. Tuesday, March 28, 2023.

Football Reference News Services. “Cristiano Ronaldo”. Football Reference. Tuesday, March 28, 2023.

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Biggest Fines Ever from UKGC for William Hill

biggest_fines_ever_from_ukgc_for_will_hill The Gambling Commission in Great Britain has ordered three businesses within the William Hill Group to pay the Commission’s largest fine ever issued, a combined £19.2 million. The penalties come as a result of social responsibility and anti-money laundering failures.

The William Hill-owned online casino site, Mr Green, and the operator of more than 1,300 gambling venues across the UK, William Hill Organization Limited, were hit with various fines ranging from the land-based levy of £3 million to Mr Green with a penalty of £3.7 million, and most significantly williamhill.com operator WHG (International) Limited, with a £12.5 million smackdown.

License Nearly Suspended

Gambling Commission chief executive, Andrew Rhodes said: “When we launched this investigation the failings we uncovered were so widespread and alarming serious consideration was given to license suspension.”

A quick response of full cooperation to fix the failures appears to have saved the operator from even more stringent and robust enforcement.

“However, because the operator immediately recognized their failings and worked with us to swiftly implement improvements, we instead opted for the largest enforcement payment in our history,” Rhodes added.

Just last week the GC fined 32Red and Platinum Gaming – two Kindred Group operators a combined total of £7.2 million. However, the William Hill penalties surpass even the previous record fines of £17 million – the amount Commissioners fined Entain (former GVC) in August 2022.

According to the public notice, the Commission has wrapped up more than two dozen enforcement cases resulting in more than £76 million in penalties for regulatory failures since the beginning of last year.

The first three months of 2023 have seen the following actions against UK-licensed operators:

William Hill Group businesses to pay record £19.2m for failures
Gambling Commission fines 32Red and Platinum Gaming £7.1m
Blue Star Planet faces £620,000 regulatory action
£6.1m fine for online operator In Touch Games
Online gambling business TonyBet fined £442,750
Vivaro Limited faces £337,631 regulatory action

Sanctions as Monetary Fines Levied Appear to be Working

Rhodes said: “In the last 15 months we have taken unprecedented action against gambling operators, but we are now starting to see signs of improvement. There are indications that the industry is doing more to make gambling safer and reducing the possibility of criminal funds entering their businesses.

“Operators are using algorithms to spot gambling harms or criminal risk more quickly, interacting with consumers sooner, and generally having more effective policies and procedures in place.”

Social responsibility failures at William Hill businesses include:

Allowing the potential for substantial losses in a short period:
A new customer spent £23,000 in 20 minutes without any checks.
Another new account holder spent £18,000 in 24 hours with no checks.
At Mr Green another customer opened an account and spent £32,500 over the course of two days with no checks.
One customer lost £14,902 in an hour and 10 minutes at Mr Green.

Dozens of other social responsibility and anti-money laundering (AML) failures are listed in the overarching public announcement with more details available within Public Statements for each of the three Will Hill-owned entities.

WHG (International) Limited Public Statement

Mr Green Limited Public Statement

William Hill Organization Limited Public Statement

As part of a regulatory settlement, the total penalty of £19.2 million will be disbursed for socially responsible purposes.

A board member of the William Hill business will be made to oversee an improvement plan as an additional license condition. The firm will also undergo a third-party audit to make sure effective AML implementation, safer gambling policies, improved procedures, and control systems are in place and functioning as required.

Source: William Hill Group businesses to pay record £19.2m for failures, Gambling Commission, March 28, 2023

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