Gambling news - page 1008

888 relinquishes French online gambling licence

20 Dec 2012

Online gambling operators in the tax-heavy French market appear to be voting with their feet, with the latest departures whittling the number of licenses down to just 33, held by 22 companies, according to French media reports. Significantly, this week the major international operator 888.com became the latest to depart, requesting regulator ARJEL to cancel …

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New online casino licenses… from Schleswig Holstein

19 Dec 2012

If you thought the online gambling scene in Schleswig Holstein, a state in Germany that is currently betwixt and between a gambling treaty with other German states and compliance with its own EU approved gambling laws, be prepared to add another element of confusion to the mix. Despite the plans of its anti-online gambling state …

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The Health Lottery runs afoul of the ASA

19 Dec 2012

Northern and Shell’s The Health Lottery was in hot water with the UK Advertising Standards Authority this week over a press advertisement that implied buying a lottery ticket could be a solution to financial concerns or a way to achieve financial security. The banned national press ad boasted a prominent headline saying “Mortgage? What mortgage?” …

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Media Corp puts Eyeconomy into administration

19 Dec 2012

Media Corp plc, which earlier this year put subsidiary Purple Lounge Poker into liquidation, owing players money, has now placed its internet advertising subsidiary Eyeconomy Limited into administration with KRE Corporate Recovery LLP. In a stock exchange advisory, Media Corp explained that Eyeconomy had posted news that it was likely to make a loss for …

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Ninjas coming to 3Dice Casino

19 Dec 2012

Online casino 3Dice was using Twitter and Youtube this week in a tease campaign heralding the possibly imminent arrival of a new online slot titled Kyoko’s Quest. It is understood that the ninja-themed, 243 Ways-to-Win game was developed by Angle Gaming Labs.

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Betislands goes to the wall

19 Dec 2012

After several weeks of rumour and speculation, it appears that sports betting website Betislands has gone to the wall owing players money after its financial backers pulled out. Additionally, bad management decisions and a tough run of sports events have been blamed for the company’s failure after only three years in business. The respected Sports …

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888Sports to exit Australian sports betting?

19 Dec 2012

Affiliate marketers this week reported the startling news that 888sports.com appears to be exiting the Australian market, basing their belief on an email from the company that advised them: “Unfortunately, due to regulation changes currently taking place in Australia, 888sport will no longer accept sport bets from players located in Australia until further notice. “As …

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New Jersey awaits sports betting decision

19 Dec 2012

In an hour-long hearing Tuesday that was well-attended by interested parties, lawyers for New Jersey and the major US sports leagues argued for and against the Garden State offering sports betting, effectively defying the discriminatory and federal PASPA. New Jersey has already passed the necessary legislation for intrastate sports betting, a move that triggered litigation …

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Confusion in Greece on internet gambling

19 Dec 2012

With a major row brewing over the Greek Ministry of Finance’s offer to give up-for-sale OPAP a ten year monopoly on internet gambling it appeared this week that the communications between the Ministry and the Hellenic Gaming Commission leave much to be desired. Amidst protests and complaints from major gambling groups, some of which have …

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Antigua protests at lack of WTO action on gambling dispute with the USA

19 Dec 2012

The United States has apparently again been successful in stalling World Trade Organisation action in its long-running dispute with Antigua and Barbuda over online gambling. On Monday Antigua and Barbuda’s High Commissioner to London, Carl Roberts, addressed the WTO Dispute Settlement Body noting that his government had submitted to the WTO Secretariat a request for …

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Online gambling raids continue in Borneo

19 Dec 2012

Police in Miri, Norneo report that a raid targeted on illegal online gambling operators Tuesday resulted in the arrest of three suspects and the confiscation of 23 computers. Of the trio arrested, one was a female working as a cashier at the premises while the two other were customers in their 20s, reports the Borneo …

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Los Angeles TV group in move into social casino gaming

19 Dec 2012

Los Angeles-based television group Bischoff Hervey Entertainment Television announced Tuesday that it has acquired a 50 percent equity interest in social games developer MX Digital with a view to opening up new media opportunities in the social casino sector. Founded four years ago, MX Digital has grown into a top international developer of interactive, casino, …

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Plumbee in social gaming joint venture with Sportingbet

18 Dec 2012

Major internet gambling group Sportingbet plc has entered into a joint venture agreement with social gaming firm Plumbee with the intention of exploring the real-money social gambling sector. The JV, titled Bonza Gaming, will be headed up by Sportingbet’s former head of mobile Rick Brownlow as chief executive officer, based in London. He is to …

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Redbet signs two year licensing agreement with Ongame

18 Dec 2012

In its first deal under the new ownership of Amaya Gaming, Ongame Network has signed a two-year licensing deal with operator Redbet Gaming Limited. Montreal-based Amaya Gaming Group purchased Ongame Network from Bwin.Party Digital Entertainment for approximately $19.73 million in October, adding it to a growing range of online gambling subsidiaries that includes Cryptologic, Chartwell …

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Net Entertainment releases ‘Elements -The Awakening’ slot

18 Dec 2012

Since October this year player forums have been buzzing about a new slot from Net Entertainment titled “Elements -The Awakening”, and the game finally went live this week. The action-packed slot is the first Net Entertainment release to use Flash 11, and follows other popular platinum titles such as Gonzo’s Quest and Jack and the …

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Spielo G2 in iGaming content deal with Norsk Tipping

18 Dec 2012

Spielo G2 (formerly GTechG2) has inked a partnership agreement with the Norwegian state lottery Norsk Tipping which will see it launch the lottery’s first range of i-gaming products exclusively for the Norwegian market. The partnership is for five years with the option for a one-year extension at the discretion of Norsk Tipping. Spielo G2 and …

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Euroslots goes live on Quickfire platform

18 Dec 2012

QuickFire, powered by Microgaming has reported that its agreement to supply an online gambling platform and slots to Cherry AB subsidiary EuroSlots has reached fruition, with the site going live. EuroSlots is a new online casino built on an innovative proprietary platform that focuses on online slot games. The highly anticipated site replaces PlayCherry.com, which …

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Gambling addiction? Take a pill

18 Dec 2012

It has worked on alcoholics, and now the drug Naltrexone will be trialled on addictive gamblers, the Australian publication SBS.com reported Monday. Half a million Australians are at risk of becoming, or already are, problem gamblers, costing around A$ 4.7 billion a year, according government figures. Now researchers at the University of Melbourne and St …

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IT engineer jailed for hacking online gambling database

18 Dec 2012

The Irish Independent reports that a Hewlett Packard computer engineer in Dublin has been sentenced to two years imprisonment, one of which is suspended, after pleading guilty to hacking into the business accounts of an unidentified online betting firm, where he illegally accessed sensitive information about a number of well-known French personalities. Judge Martin Nolan …

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Italian online slot action worth Euro 268 million a year?

18 Dec 2012

When Italian regulator AAMS finally permitted online slot action in the Italian gambling market on December 3rd this year, it opened the door for the generation of significant revenues, say analysts. The more bullish among them opines that the sector is already worth around Euro 268 million a year, and the potential for growth is …

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New Jersey assembly approves online gambling bill

18 Dec 2012

By a margin of almost 2 to 1 Tuesday the New Jersey House of Assembly again indicated its approval for regulated and licensed intrastate online gambling, the second time it has done so in as many years. Last year Gov. Chris Christie vetoed a similar bill which had been strongly approved by both Assembly and …

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Brit gambling business now worth GBP 5.8 billion annually

17 Dec 2012

The UK Gambling Commission has published industry statistics for the year covering 1 April 2011 to 31 March 2012, comparing the data with that from April 2009 to March 2012. Key findings in this latest edition show: * The British gambling industry generated a gross gambling yield (GGY) of GBP 5.8 billion, a rise of …

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US Government reaps another multi-million dollar forfeiture

17 Dec 2012

A Wire Act case dating back to 2003 and involving the seizure of online gambling funds held by a US correspondent bank was finally wrapped up this week, with the Department of Justice gathering in another $6,976,924 in forfeiture for the US government. The U.S. District Court for the District of Columbia issued a consent …

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Irish online gambling tax delayed

17 Dec 2012

The Irish media are reporting that parliamentary pressures related to the overall economic situation have pushed proposed online gambling taxation proposals drafted this year to the back burner, with experts predicting that it will be the second half of 2013 before further action takes place. The country’s sixth contentious austerity plan has dominated parliamentary debate …

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