Gambling news - page 1032

Mybet extends sports sponsorships

4 Jan 2013

MyBet Holding SE (formerly Jaxx SE) is extending its sports sponsorship effort, this week signing an exclusive deal with the German football team Eintracht Braunschweig. The company inked a similar deal in August last year with the small regional soccer club VfR Neumunster while the two teams it sponsored last season, SpVgg Greuther Furth and …

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Key online gambling court case will take place in US next week

4 Jan 2013

Our readers will recall the astonished reaction of the industry last year when the US Department of Justice in New York announced that it intended to prosecute a US internet gambling software developer and provider with promoting an illegal activity. The target the enforcers chose was veteran industry developer Robert Stuart and his company Extension …

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Betting promotion names new CEO

4 Jan 2013

Several management changes have followed Tain’s acquisition of 18 percent of sports betting information provider Betting Promotion Sweden AB. Par Timby, the deputy CEO has resigned and departed whilst Malta-based CTO Christian Malmros is also on his way out. Jonas Ornstein, who was acting as CEO, has now been appointed permanently to the post. He’s …

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US billionaires interested in online gambling

4 Jan 2013

Our readers may recall a story last year in which major business personalities in the United States were identified as having an interest in online gambling, should it be legalised in the United States at federal or state levels. The influential publication Forbes revisited the subject this week, identifying the following: Land gambling mogul Donald …

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Net Entertainment to fight extra tax decision

3 Jan 2013

The decision of the Swedish Tax Agency to impose additional taxes on internet gambling software developer Net Entertainment NE AB has prompted the company to launch an appeal against the ruling, claiming the taxman’s decision is “unfounded” and announcing that it is to appeal. After a tax audit in Net Entertainment NE AB concerning fiscal …

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Online slots for Spain?

3 Jan 2013

Earlier reports that Spain’s online gambling regulator, the Dirección General de Ordenación del Juego, may be gearing up to follow the example of Italy in authorising online slot action have been confirmed with news that the DGOJ is currently consulting with operators on the issue. Fifty three licensees are keen to go ahead with further …

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ITV rejects Mr. Marmite gambling ad

3 Jan 2013

William Hill’s TV advert featuring BBC betting expert Robbie Savage (also known as Mr. Marmite due to his ability to polarise opinions) was rejected this week by BBC rival ITV Sport in its programming on the FA Cup football. The Daily Mail reports that William Hill is sponsoring ITV’s FA Cup coverage, but the company’s …

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Vegas sports books take a hammering in 2012

3 Jan 2013

The Los Angeles Times and other media report that Vegas sports books took a serious, multi-million dollar financial hammering in 2012 as many popular NFL teams beat the points spread during the regular season. Many punters combined their picks in parlays, turning $20 wagers into pay-outs of more than $1,000, depending on how many winning …

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US reacts to Antigua plan to retaliate on GATS breach

3 Jan 2013

The Antigua and Barbuda government’s decision to use a World Trade Organisation dispute panel ruling that it can retaliate against a 2007 American breach of the General Agreement on Trade in Service regarding online gambling has been met by U.S. protestations that this would be nothing less than a government-authorised act of piracy. A statement …

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Swedish online gambling regulation in 2014?

3 Jan 2013

A statement by the Swedish government indicates that the online gambling industry could soon see that nation emulating its Nordic neighbours in proposing legislation to regulate and licence internet gambling…perhaps as early as this year. The statement, signed off by the prime minister and the finance minister, acknowledges a study undertaken last year by the …

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Danish online gambling operators get five years licence extension

3 Jan 2013

The Danish Gambling Authority has extended its first tranche of online gambling licenses – issued a year ago – to a five year duration in a move that benefits 5 local and 20 foreign operators. In a parallel move, the Authority has issued revenue-restricted licenses in respect of 9 smaller operators, restricting their gross gambling …

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Macau gambling revenues reach record in December

2 Jan 2013

Official statistics for Macau gambling revenues in December reached a new record of 28.25 billion patacas ($3.54 billion) – up 19.6 percent and well ahead of forecasts – driving the annual 2012 revenue count to $38 billion, the Reuters news agency reports. Strong visit numbers during the holiday season helped boost revenues to new highs …

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Another Iowa leader defends state’s rights on online gambling

2 Jan 2013

The chief of the Iowa Lottery has joined other state leaders in taking a stand against the imposition of federally legalised online poker, reporting on a protest visit to Washington DC with other lottery heads to the Iowa Legislature’s Government Oversight Committee. Iowa lottery CEO Terry Rich recently travelled to Washington D.C. to lobby on …

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Lottery winnings thief arrested

1 Jan 2013

It seems that convenience store clerks have difficulty in learning that defrauding lottery ticket winners is a losing game, despite the number of offenders who have been caught and punished by security-wise players. This week it was a small-time fraud that could have big-time consequences for a Clayton, North Carolina store clerk, who has been …

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China’s online gaming sector is booming

1 Jan 2013

The online gaming sector in China is booming, with total revenues heading for 68.5 billion yuan ($11 billion) in 2013, according to a new study by Analysys International. And the driving power behind this very significant growth is mobile phone and tablet technology. In 2012 alone the indications are that revenues topped 56 billion yuan, …

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Fixed odds betting machines under attack again

31 Dec 2012

Controversial UK politician and MP, George Galloway of the Respect Party, has accused Fixed Odds Betting Terminal (FOBT) operators of deliberately preying on the vulnerable after a study showed that almost GBP 393 million was gambled on the gaming machines in the Bradford area alone in the space of just one year. A report released …

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From video conferencing to online gambling software

31 Dec 2012

The Saratoga Oceanic Development Group Inc., a video conferencing software developer in New Waterford, Canada will be showcasing its versatility in a new million dollar contract – providing a turnkey online gambling system to a Belize-licensed internet gambling operator branded Lion Gaming, owned by two anonymous individuals believed to reside in the United States. Saratoga’s …

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Bellagio assault defendant suspected of murder

31 Dec 2012

Brenda Stokes Wilson, the defendant in a serious razor assault on a fellow dealer at the Bellagio in Las Vegas last week is now a murder suspect, according to local prosecutors. Prior to the assault Stokes Wilson was the last person seen with Jade Morris – the 10-year-old daughter of her alleged boyfriend. The two …

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Spanish punters push the ante

29 Dec 2012

Spanish online punters are generating some impressive revenues for operators, according to a report this week in the internet publication El Pais.com, which reveals that one million players spent Euro 2.3 billion in the first six months of legalised online betting. “The number of people gambling online in Spain has soared since the government legalised …

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Christie under pressure to sign new Jersey online gambling law

29 Dec 2012

With the ink hardly dry on last week’s Assembly and Senate approval of an intrastate online gambling measure for New Jersey, leading state politicians are already pressuring governor Chris Christie to sign the bill into state law. North Jersey.com reports that four senior and influential state Senators have written to the governor, pointing out that …

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New Irish lottery law to include online service

29 Dec 2012

An Post’s 12 year contract to operate the Irish national lottery draws to a close mid-2013 and preparations are already in motion for some radical changes. Government drafters have produced a new National Lottery Bill within the past two weeks for debate in parliament. The measure sets up a 20-year operating tender period for the …

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More internet interference in China

28 Dec 2012

China, already notorious for its attempts to censor the internet, has moved to further tighten its control of the medium with new laws which attack the freedom of speech and information through social networking, message boards and blogs, which can be scathing about government and political issues. Sky News reports that service providers are required …

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Israeli crackdown on internet use

28 Dec 2012

According to the publication Haaretz, freedom of the Internet bodies are deeply concerned over draconian laws restricting the internet that are allegedly being prepared by the government for implementation in 2013. The legislation apparently formalises the authority given to the police in 2010 to issue ISP blocking orders, along with associated clauses that hardly sound …

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New chief for Responsible Gambling Strategy Board

28 Dec 2012

The retiring Responsible Gambling Strategy Board chairman, Sir Brian Pomeroy will be replaced by Sir Christopher Kelly, according to a statement from the UK Gambling Commission. The RGSB operates in conjunction with the Responsible Gambling Trust fundraising and distribution body, advising the Gambling Commission and the Department for Culture, Media and Sport on research, education …

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