What Happened in the Gambling Field this Week? News of the Gambling Market in Ukraine, the UK, Singapore, the Philippines, and the USA
How much prize money have two Ukrainian poker players won in the main tournament of WCOOP 2020? When will a new casino resort open in Manila? What requirements to online games were set in the UK? When will the entertainment complex with the world’s biggest betting outlet start working in Las Vegas? Read about these and other news of the gambling industry in the weekly digest.
Two Ukrainian poker players reached the final of WCOOP 2020 Main Event
As Login Casino, reports, poker players Andriy Lyubovetsky (Andre_Hansen) and Denis Chufarin (SantaZzz) took part in the final of WCOOP 2020 Main Event. They did not manage to win the main title, but received good prize money. Andriy won $387,000, and Denis – $276,000.
World Championship of Online Poker 2020 was held on PokerStars from August 30 to September 21. The Main Event of the series had almost 2,000 entries. The tournament’s buy-in was $5,200, and guarantee – $10 million.
The winner of the autumn WCOOP Main Event is Andre Marques from Portugal, who won $1.1 million.
Terms of establishing a single gambling regulator were named in Singapore
Gambling Regulatory Authority (GRA), whose powers will include control over gambling activity in Singapore, is planned to be established in 2021. It will be formed based on the existing casino regulatory body. It was reported by the Ministry of Internal Affairs of Singapore.
Currently, separate structures monitor activities of operators in different gambling market sectors in the country. GRA will become a single regulator that will control activities of casinos, slot machine halls, private lotteries, and sports betting outlets.
Besides, local authorities are planning to develop new gambling legislation by the next year. This document is expected to toughen the requirements to the casino operation.
New requirements to online slots come into effect in the UK
The UK Betting and Gaming Council (BGC) presented a code of conduct that outlines new requirements to online games. According to the document, a number of restrictions related to the operation of online slot machines is introduced in the country on October 1, 2020.
In particular, the duration of one spin must not exceed 2.5 seconds. Turbo play feature, which allows speeding up the process of placing bets, and the possibility to play several slots at the same time are banned.
CEO of the BGC Michael Dugher said that the new code of conduct for the development of online games was an example showing that the Council was ready to solve existing problems in a timely manner and fulfil obligations for the arrangement of safer games on the Internet.
New casino resort in the Philippines will start welcoming guests in 2022
The first phase of the casino resort Westside City Resorts World, which is currently being built in Manila, should be put into service in the fourth quarter of 2022. And the rest of the complex should be opened in 2023. It was reported by Suncity Group, which realizes the project.
As for today, the terms of opening the casino resort were postponed several times. Initially, it was planned that the complex would start welcoming guests in 2019. Later the operator informed about the launch of the project in 2020, but the plans were not realized.
The area of the new casino resort in the capital of the Philippines will make 31 ha. The complex will include two hotels with a total of 1,500 rooms. One of the hotels will house a casino with 1,800 slot machines, and 300 gaming tables.
Casino with the world’s biggest betting outlet will open in Las Vegas ahead of schedule
Gambling regulator of Nevada approved the opening of Circa Resort Casino. It will start welcoming visitors on October 28, 2020, which is two months ahead of what was planned. The facility will be the first completely new gambling house opened in the center of Las Vegas over the last 40 years.
The total area of Circa Resort Casino is 11.6 ha. The complex includes a hotel shaped as a tower with 777 rooms, a two-storied casino, restaurants, spa, shops, and other venues. Visitors of the casino will have access to 49 gaming tables and 1,350 slot machines.
The main visitor attraction of the facility will be the stadium-style betting outlet. It will be located on three floors of the complex. The third floor of the betting outlet will house a broadcasting studio owned by Vegas Stats and Information Network, where experts will daily analyze sports events. Sportsmen and betting specialists will act as commentators.
You can find more information about the latest events in the Ukrainian and global gambling market in the “News” section >>>