partypoker Open up Italian Online Room and Oregon Sportsbetting App Hit by Cyberattack

This week saw partypoker announcing an Italian licence, online and land-based casino stocks moving in different directions, and a cyberattack on Oregon’s only online sports betting app among the big industry stories...

By: Andrew Burnett

Cyberattack hits Oregon’s Scoreboard app

Let’s kick things off with the cyberattack on Scoreboard, the Oregon Lottery-run sportsbetting app…

SBTech, the company behind the app, "brought its systems offline as a precautionary measure in response to a cyberattack - suspending play on Scoreboard and other online sportsbooks using the platform," according to wweeknews.com.

It seems as though the hackers were stopped before they could do any real damage, an email from the company stating: "We have no reports of unauthorized disclosure or extraction of player data or account balances."

According to reports, Scoreboard was losing money even before the novel coronavirus hit, and this breach will do little to inspire confidence when the sporting and sportsbetting worlds returns to some kind of normality.

partypoker enter Italian market

There has been precious little good news out of Italy recently, the country one of the worst hit by the global coronavirus.

For poker players on lockdown, however, the news that partypoker has launched an Italian online room will be of some comfort, the country’s players ill-served at the moment.

A limited partypoker service was launched last week and is expected to be expanded in the near future.

partypoker managing director Tom Waters of the new licence: “Despite recent changes that restrict marketing in Italy, the poker market there remains an exciting opportunity for partypoker.”

He added: “We will be looking to improve and expand on our product and offering over 2020 and bring a different option for the Italian poker market.”

Casino stocks rise as anti-virus measures take effect

Businesses of all descriptions have been battling to keep their heads above the water this past month or two, but there are clear signs that the casino market is no longer scaring off investors.

Stocks and share prices rose almost across the board this week as social distancing measures have slowed the virus rates in many countries.

Although the US and UK are still lagging behind, the ‘clever money’ is banking on some level of normalcy returning sooner rather than later, with sports, travel and casino footfall expected to pick up when it does.

MGM Resorts, Wynn Resorts and Penn National Gaming all saw double-figure rises, with Caesars, GVC Holdings and William Hill shares also heading upwards.

Part of that may be due to President Trump’s call this week with league commissioners that saw him push for the live sports hiatus to end "soon, very soon."

Live events without spectators could come as soon as mid-to-late May, with fans back in stadiums by August/September according to seekingalpha.com

Kings Casino in Rozvadov closed until September 1st

Leon Tsoukernik’s ‘poker island’ in the Czech village of Rozvadov, close to the German border, will not open until September 1st earliest.

Home to various tours and national events, partypoker’s MILLIONS Live and WSOP Circuit and Europe events among them, Kings closed early last month.

However, hopes of opening sometime over the early summer may be thwarted by Czech President Milos Zeman’s announcement that the country’s border could remain closed in a “multi-month ban… but at least six months.”

Others in the country are more hopeful of an earlier date, but the WSOP Europe due to be held in November is expected to be the “first major festival after the crisis” according to Tsoukernik via CalvinAyre.com.

Diamond Resorts open Vegas properties to front-line coronavirus workers

We’ll round things off with an upbeat story, with Nevada casino chain Diamond Resorts offering free rooms to medical staff and first-responders.

The staff, at the heart of the battle against the COVID-19 respiratory disease, have so far received 2500 complimentary hotel suites in which to rest and recuperate.

Pokernewsdaily.com reported the company as stating: “We realized we are in a unique position to provide accommodations that are particularly well-suited for social distancing.”

That’s it for another week of industry news, but we’ll be back next weekend with the latest happenings from around the globe.

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