Toronto Venture Exchange-listed and Vancouver-based capital pools investment firm Cairo Resources Inc. has announced the acquisition of social sports betting operator Socialitize Limited. Under a shareholder-approved Share Exchange Agreement, Cairo Resources Inc. (CRI) will acquire all shares in Socialitize in exchange for 15 000 000 common shares in the capital of CRI. The social gaming …
The haemorrhage of executives from social gaming giant Zynga has seen experienced managers snapped up by other companies in the social gaming sector, the latest being the appointment by Betable of Jonathan Flesher, a key manager in setting up Zynga’s UK real-money social gambling deal with Bwin.Party. TechCrunch reports that Flesher will take up duties …
International Game Technology’s online social gaming subsidiary Double Down Casino has launched a new Facebook slot themed on the famous and popular television series House MD. The game was developed through a licence deal with Universal Partnerships and Licensing and NBCUniversal Television Consumer Products, and captures the irreverent nature of the show in an easy, …
Nigel Northridge, chairman of online and land gambling group Paddy Power plc, has announced the appointment of Danuta Gray as an independent non-executive director. She has also been appointed as a member of the Remuneration Committee. The holder of a B.Sc. in Biophysics and an MBA, Gray was chief executive officer of O2 Ireland from …
The white label sports book provider EveryMatrix has announced major improvements to its OddsMatrix sports book product that include 40 new betting markets for football alone covering bets for goal scorers, cards, corner and time of goal. The sports book solution now has betting on over 4,000 live events on offer to operators for their …
VietNamNet reports that hundreds of police officers were involved this week in raids on a major online gambling ring in Vietnam, the culmination of an extensive year-long investigation. Police from the social security and high tech crime units claim that the ring processed tens of millions of US dollars in wagers, and reported that 7 …
Still apparently locked in the confused and schizophrenic regulatory nightmare the government has created for itself, the German province of Schleswig Holstein has issued a further three sports betting licenses, bringing its total to date to 18. That’s just two short of the total of 20 for the whole of Germany allowed under the federal …
Hungary has submitted its latest draft legislation expanding the nation’s online gambling market by adding sports betting and casino games. The country at present permits only horse racing and some card games. Operator costs are likely to be steep; the Hungarians are looking for a tax rate of 20 percent of GGR, and would-be licensees …
Bill Scott, a veteran industry businessman and founder of the offshore sports betting firm World Wide Tele Sports paid dearly for contraventions of the US Wire Act and money laundering regulations when he was sentenced on January 7 after living in exile for fifteen years in the Caribbean. Scott surrendered himself to US authorities last …
RealTime Gaming associate Nuworks has launched a new 25 pay-line online slot with a cartoon-style theme in which a crafty junkyard pooch and his artful associates turn trash into treasure. Titled Watchdog, the game has been designed to complement the Windows 8 screen lay-out and allows players to trigger the Win-Win bonus round by collecting …
Illinois politicians dropped the ball during the state legislature’s last session, allowing a law permitting online horse betting to expire and failing to renew it. Consequently, the Illinois Racing Board could not renew betting company licenses. The omission has resulted in a clash between the Board and major betting companies Xpressbet and TwinSpires, two of …
For several weeks a major allegedly cheating software scandal has been brewing on internet gambling message boards, more recently spreading to online media and gaining momentum that could spell reputational trouble for several leading internet gambling companies. The issue first aired on the Casinomeister site, where a player complained about the Reel Deal game offered …
The Belgian Gaming Commission has approved three more licenses for online gambling within its borders, naming Napoleon Gaming and Stargames SA in extending the operator’s’ licensed casino activities to include sports betting, and approving Lucky Games as an operator of internet arcade games. Napoleon Games is teaming up with Unibet subsidiary Kambi and plans to …
Mahjong Logic Ltd. has named its newest licensee as Betluck.co.uk, a gaming operator focusing on Japan and Greater China. Betluck, a Plus-Five Gaming white label, is the second licensee to select Mahjong Logic through its Plus Five integrated solution. “Mahjong Logic has a worldwide reputation for bringing the very best in online mahjong,” said Mamoru …
Sports betting provider SBTech has entered into an exclusive agreement with Xhoilloto, Albania’s largest land based operator. SBTech will replace Xhoilloto’s retail shop legacy sports betting platform while enabling the operator to expand into the online sportsbetting and casino environment in the future with a turnkey solution that will include trading and risk management services …
The 2003 partnership between Sky Betting and Gaming and Openbet will continue for another three years following the award of a software supply contract renewal for casino, poker and sportsbook products on Sky Bet, Sky Vegas and Sky Poker. Richard Flint, managing director of Sky Betting and Gaming, said: “OpenBet has been our biggest software …
Malta-based online gaming company AliQuantum Gaming has entered into a mobile game supply deal with NYX Interactive that will see NYX OGS games integrated within its casino gaming suite. Andy Jones, chief executive officer of AliQuantum said: “Adding NYX OGS Games to our product offering was an obvious choice for us and the addition of …
An injunction issued against Cherry AB which was initiated by the Norwegian State Lottery-og Stiftelsestilsynet in 2011 will be challenged by the Company in the Oslo City Courts its chief executive said this week. The legal action required Cherry AB stop marketing and offering real-money games to Norwegian citizens through the EuroLotto.com website. The lottery …
Eindhoven-based 3D gaming developer Sheriff Gaming has entered into a game distribution agreement with EveryMatrix integrating its entire portfolio of 3D games onto the EveryMatrix platform. EveryMatrix licensees will have access to Sheriff Gaming 3D titles such as Gold Raider and The Amsterdam Masterplan along with the developer’s Mega Money Pool jackpot games which include …
US convenience store owners have long expressed fears that the advent of online lottery ticket selling could adversely impact their profits as physical retail ticket purveyors, and trade body the Retail Industry Leaders Association has accordingly sponsored a survey of American attitudes to internet lottery sales. The Association targeted registered and proven voters in the …
It appears that the Austrians are intent on maintaining the Casinos Austria monopoly on internet lottery and i-gaming wagering following a High Court decision this week rejecting an appeal by online gambling companies Bet-At-Home, Lotelo and Bandal that a 15-year exclusive deal awarded to CA subsidiary Austrian Lotteries was unconstitutional. The case has its roots …
Coming hot on the heels of the political furore in the UK triggered by the recent Campaign for Fairer Gambling criticism of Fixed Odds Betting Terminals, the Department of Culture, Media and Sport has announced a comprehensive consultation and review program on gambling in the UK. Part of that review will examine the issue of …
Microgaming’s instant-play division, QuickFire, has signed another content supply agreement that will see its choice of games expand further. The company is to add Magic Dreams games from Push Gaming, a London-based company which specialises in the integration and distribution of land-based games to the online and mobile markets and represents major land-based games suppliers, …
The Bwin.Party online gambling group has reported that chief operating officer Joachim Baca has stepped down from the board of directors so as to bring the board’s composition into compliance with the UK Corporate Governance Code recommendation regarding the balance of independent and non-independent directors. “Mr Baca remains a core member of the group’s senior …