Gambling news - page 1009

Submarine warfare the latest slot theme from Net Entertainment

19 Mar 2013

Remember those arcade games where you could use a periscope to find and torpedo enemy ships? Take that up a few notches in terms of quality graphics, animation and sound and you have the latest online slot theme from Net Entertainment. The Silent Run slot transports players back to the Pacific ocean during World War …

Read now

US Government points the finger at Costa Rica over money laundering

19 Mar 2013

The US Department of State claims that internet gambling is among the main money laundering channels operating in Costa Rica, home to mainly sports betting operators for many years. In an article on the issue this week, the newspaper AM Costa Rica says the latest study comes from the Money Laundering and Financial Crimes division …

Read now

BetVictor launches substancial bad beat jackpot

19 Mar 2013

The new BetVictor Poker Bad Beat Jackpot gets underway tomorrow (Tuesday) with a whopping Euro 921,603 prize pool. According to a company statement, the Jackpot, suspended earlier this month to enable a number of changes, will now be more easily won and will benefit a larger quantity of people when it is hit. Players wanting …

Read now

PAF appoints deputy CEO

19 Mar 2013

Johanna Backholm (36) has been appointed deputy chief executive officer by the Paf board. Backholm, who joined Paf in 2002, will work together with chief executive officer Anders Ingves effective April 1, 2013.

Read now

William Hill reports favourable EGM

19 Mar 2013

William Hill’s Extraordinary General Meeting (EGM) held earlier today (Monday) saw its shareholders overwhelmingly vote in favour of two resolutions namely; the acquisition of Genuity Services Limited’s (Playtech) 29 percent stake in William Hill Online (WHO) and the William Hill Online Long Term Incentive Plan 2008. In total, 524,489,385 shares were voted in favour of …

Read now

WinADay introduces five new penny slots

18 Mar 2013

WinADay Casino has added five new proprietary games to its recently launched penny slot dedicated portfolio. The new games are titled Aztec Adventure, City Girls, Deep Blue, Sam’s Burger and Touch Down and minimal bets start at $.001 per pay-line and are always less than two cents per spin. “Experienced slots players look for advanced …

Read now

Ninja Stars – New slot from RealTime Gaming

18 Mar 2013

RealTime Gaming’s latest release is a Ninja warrior-themed 25-payline game featuring randomly triggered jackpots, free spins, prize multipliers and grouped Wilds. Ninja Stars’ reels carry Ninja weapons, Japanese writing and scroll imagery, while a Ninja Scroll feature is triggered when three or more Japanese logo symbols occur left to right. Four sets of two scrolls …

Read now

Cantor Gaming signs 188Bet

18 Mar 2013

Cantor Fitzgerald Group’s Cantor Gaming & Wagering Ltd UK (Cantor) and 188BET have collaborated to launch a Financial Fixed Odds (FFO) betting product via an integrated platform provided by Cantor to 188BET customers. “We are excited to announce our latest Financial Fixed Odds partnership with 188BET. Financial betting has become increasingly popular and we are …

Read now

Aussie online gambling start-up raises capital

18 Mar 2013

Australian gaming start-up Virtual Gaming Worlds has secured $2.5 million in investment funding from Triple C Consulting, a boutique investment firm in its hometown of Perth. The money will be used to further develop and launch Chumba World, the company’s massively multiplayer online casino game for Facebook, which allows users to become ‘the house’ and …

Read now

Governor in another attempt to privatise Pennsylvanian lottery

18 Mar 2013

Last month’s conflict over the privatisation of the Pennsylvania state lottery between the governor, Tom Corbett, and his Attorney General Kathleen Kane has led to the governor ordering a revision of the proposed contract with British lottery operator Camelot. Kane derailed the plan, which involved a 20 to 30 year contract with Camelot, in February …

Read now

Online gambling industry picking up again

17 Mar 2013

Aruvian Research, a major gambling consultancy and research outfit based in India, has released its latest study of the global online gambling industry under the title “Michael Porter’s Five Forces Analysis,” reporting that the business is one of the fastest growing internet industries with a net worth of $30 billion in 2011 and a rising …

Read now

Canadian senate still struggling with sports betting bill

17 Mar 2013

Our readers may recall Canadian MP Joe Comartin’s attempt over a year ago to modify Canadian betting laws to permit single-game sports wagering, which sailed through the Commons but is now stuck at third reading stage in the Senate. Technically, sports betting is already legal in Canada. Depending on the province, gamblers can place a …

Read now

Casino advertising ban rejected by Malta judge

17 Mar 2013

Malta lawmakers have a problem this week following a ruling Friday by local judge Mr Justice Gino Camilleri that the law banning advertisements promoting casinos violates the right to freedom of expression, and the relevant provisions in the Malta Gaming Act are consequently null and void. Justice Camilleri issued his finding at the conclusion of …

Read now

Copycat Cheltenham balloon banished

17 Mar 2013

In what appears to have been a sly send up on rival William Hill’s spectacular Cheltenham Moon marketing ploy at the famous racing festival this weekend, Paddy Power released its own 60 foot high balloon, with the design reminding punters of the ‘lucky pants’ Y-front move the company made at the Euro 2012 football championship …

Read now

New Jersey to permit fantasy sports wagering at Atlantic City casinos

17 Mar 2013

The New Jersey state government is set to unveil new gambling regulations on Monday that will allow Atlantic City land casinos to accept fantasy sports wagering from the third week in April. The programme will be supervised by the New Jersey Division of Gaming Entertainment, which has informed operators that they will be allowed to …

Read now

High-Tech Aussie land casino scam scores millions

16 Mar 2013

Over just eight hands of cards a team consisting of a high roller gambler and a hi-tech hacker managed to make off with around A$33 million at a Melbourne land casino two weeks ago, reports the Bloomberg news agency. The team hacked the casino surveillance system cameras meant to protect the establishment, and used them …

Read now

Investment brokers to cough up on Woldpreads debacle

16 Mar 2013

According to weekend reports in the Irish Times, British investment broking firms will soon have to cough up a substantial Financial Services Compensation Scheme levy in order to reimburse victims of financial companies gone awry, one of them the online financial betting company Worldspreads. Quoting the FT Adviser, the newspaper reports that investment brokers in …

Read now

Playtech chief confirms rumours of a new financial betting product

16 Mar 2013

Rumours circulating late last year that online gambling software developer Playtech plc was working on a new financial betting project were confirmed in the company’s annual report for 2012 posted last Thursday. Chief executive officer Mor Weizer said that extensive research into the possibilities for a new financial betting platform had shown that such a …

Read now

Blue Square bet league clubs asked for info in corruption enquiries

16 Mar 2013

The UK Football Association and the Gambling Commission’s Sports Betting Intelligence Unit are jointly investigating reportedly suspicious betting patterns in the Blue Square Bet South division, and have contacted 22 football clubs requesting cooperation. All clubs have been asked to remind players and officials of their responsibilities under FA rules amid reports that two as …

Read now

Good growth predicted for social gaming

16 Mar 2013

A new study of the social gaming phenomenon conducted by Dallas-based Reportsnreports predicts that the market will grow at 15.96 percent compound annual growth rate (CAGR) during the period 2012 – 2016. The research report “Advanced Analytics in the Social Gaming Industry 2012” flags the considerable potential for growth in the sector, noting that there …

Read now

Canadian province admits online gambling legalisation has stalled

16 Mar 2013

The Finance Minister for the Canadian provincial government of Prince Edward Island (PEI), Wes Sheridan, told the local Guardian newspaper this week that efforts to push ahead with an online gambling regulatory and licensing system have stalled, and that the provincial government has lost out on millions in tax and licensing revenues as a consequence. …

Read now

Louisiana move to study internet gambling

16 Mar 2013

Louisiana state Rep. Mike Huval has filed a resolution asking that a House legislative committee look into the pros and cons of regulated and licensed intrastate online gambling when the body next convenes in April. Local radio station 3KATC reports that gambling is popular in the state, with $14,3 billion reaching state budgets from gaming …

Read now

Arabian Caravan from Genesis Gaming

16 Mar 2013

Game developer Genesis Gaming’s newest slot is themed on ancient Arabia inspired by the colourful and exotic world of merchant caravans and Arabic bazaars. Arabian Caravan carries the usual high quality, graphic and feature-rich qualities Genesis Gaming is known for, taking the player on a journey into the bazaars where they haggle to hopefully take …

Read now

bwin.party’s 2012 fails to impress

16 Mar 2013

Bwin.Party’s FY 2012 results posted Friday could have been worse…but they could also have been better as taxation, poker migration problems and the continued decline of poker impacted the numbers. Fortunately the performance of sports betting, casino and emerging businesses managed to offset the negatives to some extent, boosting actual revenues by 16 percent. Actual …

Read now