Gambling news - page 408

Gaming Innovation Group reports tripled revenue in Q3-2017

3 Nov 2017

The Oslo-listed online gambling company Gaming Innovation Group (GIG) has reported another strong quarter in its Q3-2017 results, highlighting: * Revenues up 112 percent year-on-year at Euro 30.8 million, and 16 percent up sequentially; * Revenue increases were driven by organic growth in both the B2C and B2B sectors, with organic revenues up y-o-y 54 …

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Malaysian police under pressure to crack down on illegal online gambling

3 Nov 2017

The Malaysian blitz against illegal online gambling operators has intensified in Kuala Lumpur city, where station commanders have been given a month to eliminate unlawful operators by the Inspector General of Police, Tan Sri Mohamad Fuzi Harun. A spokesman for the city’s police force said Thursday that the order from police headquarters has been passed …

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Not so fast, Philweb!

2 Nov 2017

Philweb’s notification earlier this week that it had finally achieved accreditation as an electronic gaming service provider (see previous  report) has been followed by a “clarification” from regulator Pagcor that the company does not have permission to resume operations until Pagcor has “procured the third party audit service provider for electronic games.” PhilWeb’s accreditation was …

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Russian parliament to start debate on significant gambling tax increases

2 Nov 2017

Reports earlier this year that the Russian government plans a series gambling tax increases that will ultimately reach a level ten times that at present by 2020 (see previous  report) have been followed by the news this week that on November 10 the Russian Duma will consider the first tranche of these increases The draft …

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Ladbrokes Coral directorate change

2 Nov 2017

Former CEO of the Gala Coral group before its merger with Ladbrokes, Carl Leaver, has completed his one-year stint on the board of the Ladbrokes Coral group and stepped down at the end of October, the group announced Thursday. A company statement advised that Leaver will receive his current salary, pension and benefits up until …

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Playtech shares dive on back of profit warning

2 Nov 2017

Playtech’s warning  this (Thursday) morning that its FY figures may take a 5 percent hit from difficulties in the Asian market and technical hassles on the Sun Bingo contract with News UK (see previous report) sent the share price southwards by around 20 percent Thursday morning according to business media reports. The Guardian additionally noted …

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Yggdrasil enters the Danish market with JackpotJoy deal

2 Nov 2017

Swedish online gambling games developer Yggdrasil Gaming has made its first move into the Danish market with an agreement to provide games and promotional tools to Jackpotjoy Group brands Vera&John and InterCasino. The deal will see Vera&John and InterCasino offer its customers in Denmark the full portfolio of Yggdrasil titles; the brands will also receive …

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New online slot from NoLimitCity

2 Nov 2017

Online gambling games developer NoLimitCity as launched its latest game, an 81 ways-to-win HTML5 video slot with the rather intriguing title of WiXX. With a claimed RTP of 96,61 percent, WiXX boasts four reels, three rows and a theme full of animated gems and crystals. Any 4-hit win on the large crystals awards a booster …

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Vegas Baby online casino the first to launch Nektan’s new German market product

2 Nov 2017

Online gambling software and platform provider Nektan plc has chosen the Vegas Baby online casino to launch its new German-language offering, which includes a front-end entirely functional in German. boosting the developer’s country-specific offering. The product includes full customer relationship management (CRM) via Newlette, Nektan’s new partner CRM agency, and comes in response to client …

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New Belote app from Digitain

2 Nov 2017

Armenian online gambling software developer Digitain has launched a new app for the increasingly popular card game Belote, with both classic and open Belote versions included. Characterising Belote as a “more cerebral alternative to the common British card game of Bridge”, Digitain says the new app is the latest in a series of skill games …

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Gaming division revenues accelerate at Playtech

2 Nov 2017

In a trading update Thursday Playtech plc broadly covered activity in H2-2017 ahead of a briefing for investors scheduled for November 14 at the group’s new Live Casino studio in Riga, Latvia. The company reports that daily average revenues in the Gaming division accelerated following the interim results in late August, and are currently higher. …

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Scientific Games pleased with Q3 results

2 Nov 2017

Scientific Games Corporation (SGC) reported third quarter results Wednesday,  detailing a 7 percent rise in group revenue driven primarily by its Gaming, Lottery and Interactive Businesses and a favorable foreign exchange impact of $2.1 million. Key performance indicators for the third quarter period ended September 30, 2017 include: Operating income up 170 percent to $90.6 …

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Cherry lowers ComeOn! forecast for 2017

2 Nov 2017

An industry advisory from Cherry AB Wednesday revised its full-year forecast on subsidiary ComeOn! while reporting on the company’s third quarter preliminary earnings. In terms of the development of its ComeOn! subsidiary, Cherry revised its full-year forecast for 2017 from revenue of approximately MSEK 2,500 to around MSEK 2,200, and profit (EBITDA) from about MSEK …

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New Hampshire online gambling legalisation fails

2 Nov 2017

The optimism earlier this year that New Hampshire may become the next US state to legalise online gambling (see previous  reports) sputtered out this week when bill H562 failed to pass as “inexpedient to legislate” on a vote of 23 vs. 0 during a House Executive session. H562 was a largely empty proposal in content …

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UK gambling self-exclusion programme delayed

2 Nov 2017

GAMSTOP, an online gambling industry national self-exclusion initiative created and managed by the Remote Gaming Association and scheduled for implementation by the end of 2017, has reportedly been postponed until spring 2018 in order to give operators more time to prepare and put in place the required  facilities. Our readers may recall the announcement in …

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GVC sells off Turkish assets

2 Nov 2017

Online gambling group GVC Holdings plc has revealed in a stock exchange advisory that has sold Headlong Limited, a wholly owned subsidiary, and other companies that comprise its Turkish facing operations to Ropso Malta Limited, a company backed by investors currently providing the primary IT services to the business, for a performance-related earn-out consideration of …

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Scientific Games launch new omni-channel lottery system

1 Nov 2017

Scientific Games Corporation (SGC) has launched its next generation, omni-channel lottery gaming system for the Atlantic Lottery in Canada as part of a five-year contract. The new system has gone live supporting traditional lottery retail sales, as well as mobile and internet gaming sales in the provinces of New Brunswick, Nova Scotia, Newfoundland and Labrador, …

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Rightlander makes sure websites are operationally optimised

1 Nov 2017

Ian ‘Simmo’ Sims, an online programmer, entrepreneur and until recently a successful affiliate marketer,  has produced an innovative software program that will make life easier – and more profitable – for affiliates. Branded Rightlander, the subscription-based product scans the subscriber’s websites and builds a list of affiliate and monetised links. It follows each of these …

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Scout Gaming makes key executive hire

1 Nov 2017

Fantasy solutions provider Scout Gaming has announced the appointment of Joakim Renman as commercial director. Renman joins the company having served at Wiraya Solutions AB as commercial director – igaming.  Prior to this, he was sales director at NYX Gaming Group over a three and half year period and product manager – regulated markets at …

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Affiliate marketers face tough times under proposed Belgian law

1 Nov 2017

Online gambling affiliate marketers in the Belgian market face a bleak future if a new law currently being progressed becomes effective next year. The legislation passed the Council of Ministers earlier this month and is currently being studied by the European Commission for compliance with EU laws, and assuming it is approved at that level …

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Sportech loses compound interest case against HMRC

1 Nov 2017

The eight-year legal battle between Sportech and Her Majesty’s Revenue and Customs (HMRC) continues concerning its claim for compound interest on the repayment of GBP 97 million in overpaid VAT the company paid, reclaimed and was ultimately awarded back in December 2016 (see previous  reports). In the latest development, the Sportech board expressed its disappointment …

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Microgaming’s ‘The Phantom of the Opera’ live today

1 Nov 2017

Microgaming’s highly anticipated ‘The Phantom of the Opera™’ online slot went live today with partner Microgaming and Quickfire operators . ‘The Phantom of the Opera™’ is based on the successful film adaptation released in 2004 that grossed over $154 million worldwide. This 243 ways, 5×3 reel game features the musical’s world renowned scores and the …

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Better Collective acquires PariuriX

1 Nov 2017

iGaming community platform developer Better Collective has announced the award of an affiliate license for the Romanian market and the acquisition of PariuriX, a predominantly sports betting focused platform that the company claims has captured the biggest iGaming community in the country. With PariuriX’s brand values aligning strongly with Better Collective’s own principles, as well …

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Belgium implements new online ID programme

1 Nov 2017

In an industry update, the Belgian Gambling Commission (BGC) has begun rolling out a new online identification system in partnership with True Odds nv. The project, dubbed Games 2.0, is expected to address online identification issues. “Fake national registry number will be a thing of the past, among other things,” the Commission said, as it …

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