Swedish state-owned gaming concern Svenska Spel reported a 2.6 percent net profit at the close of its 2012 fiscal year but said it could have done better if not for extensive marketing for similar forms of gambling by unlicenced operators. Lennart Käll, chief executive officer of Svenska Spel said the company showed its best operating …
NYX Gaming’s web-based slot “Oil Mania” has been launched by free-to-play casino app Trophy Slots in to the social environment. The 5-reel, 25-line social slot is exclusive to Trophy Slots, augmenting a portfolio of sixteen other games. It features UPWILD’s which afford players winning opportunities across multiple lines. “Oil Mania is a fantastic addition to …
The publication Contactmusic this week carried an interesting report on the sports betting activities of movie and television actor Ashton Kutcher, quoting from his forthcoming interview with the magazine Esquire. Kutcher apparently boasted to the magazine that he once fronted a gambling syndicate in which he and his friends profited by some $750,000 in just …
Minnesota lawmakers will be watching the progress of the DoJ and national sports leagues litigation against the state of New Jersey with interest as a possible precursor to what they may themselves be confronted with in the near future following the introduction in the state House of Representatives of a sports betting bill. State Representative …
A 45-year-old bookkeeper in the UK has been convicted in the Maidstone Crown Court of stealing a total of over GBP 160,000 from two companies at which she was employed in order to fund her attraction to online gambling. Karen Knowles was charged with making overpayments to herself totalling more than GBP 70,000 at the …
In the live dealer casino sector it was a case of Evolution Gaming out and Medialive in at the Malta-based Goldbet online and live dealer casino operation this week. Under the new agreement, Medialivecasino will deliver new HD Live games with improved features including live betting on a real table, real time charting of the …
Pennsylvania’s plan to bring in the UK lottery operator Camelot to run its $3.48 billion state lottery has run afoul of the state’s Attorney General, Kathleen Kane, who claims that the governor’s office “exceeded its authority” in awarding the contract. AG Kane said Thursday that the agreement with Camelot is illegal because it was not …
The outcome of the court action by the national sports leagues and the Department of Justice attempting to scupper New Jersey‘s plans to offer intrastate sports betting will not be known until two weeks hence. Federal Judge Michael Shipp, presiding over the court hearing in Trenton, New Jersey Thursday said he would issue a ruling …
The UK-based The Health Lottery has selected MediaCom to handle its GBP 21 million media planning and buying account, reports Campaignlive. Mediacom already handles the advertising affairs of Northern and Shell, the parent company associated with The Health Lottery owner, Richard Desmond. The switch in agencies, which was effected without the usual competitive pitch processes, …
The Isle of Man-based online gambling software provider, Microgaming has added its popular Avalon internet slot to its multi-player community slot games platform, available in both download and Flash formats. Avalon is a five reel, 20 pay-line game with colourful graphics and a theme that transports players back to a mystical land of knights and …
The furore created last week by Australian media reports that A$49 million in Asian bets was placed on a single Australian football match has turned out to be a storm in a teacup, and was allegedly caused by a potentially embarrassing media error in currency conversion, the Football Federation of Australia challenged this week. The …
The Swedish online gambling software provider Net Entertainment has enjoyed another successful quarter, with president and chief executive officer, Per Eriksson, observing: “Again, Net Entertainment reached a new sales record during the quarter. Among other things, we launched Live Casino, signed agreements with several tier one customers and launched slot games on the Italian market. …
Two New Jersey Congressmen, Rep. Frank Pallone Jr of the Democrats, and Republican Representative Frank LoBiondo have re-introduced bills challenging or amending the Professional and Amateur Sports Protection Act 1992 in separate moves that could be tied to the current New Jersey attempt to fire up intrastate sports betting. The PASPA restricts sports betting to …
Tuesday’s DCMS Select Committee second hearing on the Draft Gambling (Licensing & Advertising) Bill produced some interesting exchanges as civil servants Jonathan Stephens of the DCMS and Jennifer Williams from the UK Gambling Commission faced members of parliament. Philip Davies MP, who appeared well versed on the gambling industry, repeatedly suggested that the proposed new …
The online casino social game Chumba World has been unceremoniously removed from crowd-fundraising site Kickstarter without explanation. A spokesman for Chumba developer Virtual Gaming World told GamesBeat this week that the venture was booted off the site without explanation after only four days-worth of exposure. VGW is nonplussed, pointing out that its Kickstarter campaign was …
Sports betting data driven software provider Betgenius has appointed Markku Kolehmainen in the newly created position of Trading Director. Kolehmainen will lead the strategic development of the Betgenius Trading team with the primary aim to deliver more In Running sports, better margins and fully customised trading services on behalf of Betgenius clients. He joins the …
“Duel of the Deep” is Nuworks’ latest release featuring exotic sea creatures in conflict over control of a coral reef. A Boiling Point jackpot meter keeps the player informed on how near they are to triggering the game’s two jackpots that have to be activated when they reach a certain value. A Sumo Fish and …
Unibet Group PLC reported a strong finish to 2012 that it says is maintaining momentum in 2013 with early indicators reporting 20 percent organic growth in gross winnings revenue. Despite absorbing betting duties of GBP 3.6 million, the company reports all-time-highs in active customers, gross winnings revenue and EBITDA in the fourth quarter. Key performance …
The Spanish gambling authority, Dirección General de Ordenación del Juego (DGOJ), is inviting participation in a consultation process regarding the possibility of introducing new types of games and betting, in particular, slots and cross-betting. It invites any interested party to submit information based on the following points: 1. Whether or not the regulation of these …
William Hill PLC and GVC Holdings PLC have been given the go ahead from the Northern Territories Commission and the Australian Foreign Investment Review Board regarding ownership of the Sportingbet Australian business saying conditions of the offer have been satisfied. In related news, William Hill Australia and GVC announced that the see-through cash value to …
According to legal firm Altius an extensive judgment delivered Monday by the Court of First Instance in Brussels upheld the Belgian State’s right to blacklist unlicenced operators and order internet service providers to block their websites. The case brought against the Belgian State by online gambling firm Bet-at-Home claimed under the EU Electronic Commerce Directive …
The U.S. State of Mississippi lawmaker’s unanimously passed Bill HB 974 Tuesday, banning Internet Cafe’s that allow customers to gamble on online games for prizes. “They’re not using the Internet at these cafes”, said House Gaming Chairman Richard Bennett, R-Long Beach, who authored the bill. “Customers play slots on a video screen for prizes such …
The 18 percent rise in London Capital Group Holdings plc share prices this week follows acquisition moves on the battling company by Cantor Fitzgerald Europe, GAIN Capital Holdings, Inc. and City Index Limited, according to stock exchange notifications. The talks are preliminary and may not result in agreements, LCG has cautioned, noting that the potential …
The GEObet Network has announced details of its forthcoming Oklahoma Tribes & GEObet iGaming Conference, starting on February 18th at the Cherokee Hard Rock Hotel & Casino in Tulsa, Oklahoma. The company says that the conference will offer insight and practical advice for native tribal nations on establishing and managing successful i-gaming operations. The agenda …