Gambling news - page 1035

Mystery surrounds sale of seized online gambling domains

3 Sep 2012

Making headlines across industry media over the weekend is a report that nine online gambling domains seized last year by the US Attorney’s Office in Baltimore, Maryland have been put up for sale. Domains involved include: •Doylesroom.com •Funtimebingo.com •Truepoker.com •Beted.com •Bookmaker.com •2Betsdi.com •Goldenarchcasino.com •Betmaker.com •Betgrandesports.com •Betehorse.com The reports are intriguing, because there is no indication …

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Media Corp speaks on Purple Lounge Poker debacle

2 Sep 2012

Players left unpaid when the UK listed company Media Corp shut down its Purple Lounge online casino and poker room earlier this year have no intention of meekly writing off their in some cases considerable losses, it transpired this week with the news that at least 50 punters are assembling information and consulting with lawyers …

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Major jackpot win for Bet365 player

1 Sep 2012

The UK-based online gambling operator bet365 reports that one of its players has struck it rich on the Beach Life progressive, hitting a jackpot worth GBP 1,506,098. Player MattC is the latest online gambling instant millionaire, and joined bet365 as a mainly sports betting punter a year ago. Seeking action that was a little different, …

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bitZino claims to verify an honest card shuffle

1 Sep 2012

Larry Taad, owner and lead developer of a new online casino branded bitZino, claimed in a Fortune magazine article this week that he has provided players with a technological means to independently and immediately verify the authenticity of an online shuffle. He has accordingly positioned a ‘Provably Fair’ button on the site that enables players …

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Card games brings families together in new website

1 Sep 2012

Presumably skirting US legal perils by keeping the action just for fun, Minnesota couple Bruce and Michelle Nord have announced the imminent launch of a new online card playing website titled MyKinPlay.com. The duo’s USP is that kith and kin can be brought together through card games on the site – an “ultimate family experience” …

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Rival Gaming gets Mystical

1 Sep 2012

Online gambling software developer Rival Gaming has released its latest internet slot, an astrology-themed 5 reel 50 liner branded Astral Luck. The publicity blurg assured players that their fortune is written in the stars with Astral Luck, which features appropriate music and sound effects backed by symbols that include the 12 signs of the Zodiac …

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Golden Nugget Casino folds in re-shuffle row

1 Sep 2012

The Golden Nugget land casino has lost the first round and the match in its fight against players who allegedly took advantage of cards that had not been reshuffled by the manufacturer or, apparently, its own staff. And just hours after Atlantic City Judge James Isman ordered that players must be allowed to cash chips …

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Republican policy on online gambling will not hinder Nevada licensing

1 Sep 2012

It hasn’t taken long for Nevada regulators to react to the news that the Republican Party’s latest manifesto includes an anti-online gambling clause. Within hours of the news emerging, the Las Vegas television station MyNew3 KSNV had contacted Nevada governor Brian Sandoval and been told that he didn’t agree with the policy, and that it …

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Finland’s RAY revenues rise

31 Aug 2012

The Finnish Slot Machine Association (RAY) reported a 6.1 percent rise in revenue in its HY1 2012 results this week although the company’s net income fell behind due to tax increases. Other key indicators for the period included: –     Profits of Euro 377.7 million –     Net Income Euro 198.9 million –     Gaming locales generated Euro …

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Sporting sponsorship abound

31 Aug 2012

Bookmaker William Hill strengthened its ties with Scottish football in an initial two-year deal with the Scottish Football Association to become an “official supporter” of the Scotland national football team. Under the terms of the deal, William Hill will benefit from a wide range of sponsorship rights which include advertising, branding, hospitality and exclusive Scotland …

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Electronic Arts undecided on online gambling

31 Aug 2012

President of Electronic Arts Labels (EA) Frank Gibeau told reporters at a Bloomberg luncheon that the company is undecided on the topic of expansion from social gaming into online gambling, unlike social gaming giant Zynga. EA’s casual social casino Lucky Gem Casino has proved popular on Facebook but Gibeau said providing real-money games would add …

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Technical guidelines for the online gambling industry

31 Aug 2012

The Remote Gaming Association, a UK-based trade body that represents many of the industry’s largest and most successful internet gambling companies, has published a set of technical guidelines primarily intended to support regulators in designing efficient and effective technical standards. The RGA’s goal in developing the document is to contribute to a higher degree of …

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Taxes, share buy-backs impact bwin.party half year results

31 Aug 2012

The European online gambling group Bwin.Party digital entertainment has released its H1-2012 results to June 30 2012, reporting solid growth in clean EBITDA as synergies generated by the Bwin-Party Gaming merger offset increased gaming taxes and other expenses The company highlighted the following in its report: * Pro forma total revenue up 3 percent to …

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New online slots launched on Dublinbet

31 Aug 2012

Dublinbet.com, a primarily live dealer operation powered by VueTec, has announced the addition of two new five reel RNG slots branded Cash Cogs and Fruit Fantasia. Cash Cogs is based on the 5 reels and 15 pay-lines format and includes animated symbols, where wins of up to a thousand times the player bet are achievable. …

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Former 888 exec to join Zynga

31 Aug 2012

In an appointment that perhaps signals yet again its ambitions in the real money internet gambling market, Zynga has appointed former 888.com executive Maytal Ginzburg as chief operating officer for new markets. Reporting that the appointment has already been recorded on Ginzburg’s Linked In page, AllThingsD notes that she was formerly the senior vice president …

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Codere posts a loss in first half 2012

31 Aug 2012

Investors in the Spanish online and land gambling group Codere SA will be disappointed that, despite a successful operational half year, the company incurred an overall loss of Euro 24.7 million due to “provision of assets registration and business reorganisation in Mexico.” The loss pulled down an otherwise positive performance that included: * A 30 …

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Saskatchewan First Nations interested in online gambling

31 Aug 2012

The GEObet Gambling Network announced Thursday that it is currently exploring opportunities with Saskatchewan First Nations to develop an online gaming solution that will extend the reach of the Saskatchewan First Nation Gaming network operating in the Canadian province of Saskatchewan. GEObet has made several presentations, including to the recent Special Indian Gaming Assembly in …

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Czech government warned on high online gambling taxes

31 Aug 2012

The Czech government’s predilection for continual tax increases on both online and retail gambling companies could result in a movement to more tax-friendly climes, gambling companies warned this week. The warnings followed the latest tax on Czech-based companies that run betting shops and online betting operations, implemented in January 2012 and justified by government as …

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Amaya Gaming reports major revenue growth in first half

30 Aug 2012

The Montreal-based Amaya Gaming group, which counts internet gambling software developers Chartwell Technology and Cryptologic among its subsidiaries, has turned in a more positive half yearly report to the end June 2012. The company reported significant revenue growth of 285 percent to Cdn $14.548 million for the second quarter of 2012, an increase of Cdn$ …

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Bodog selects SIS UK horse racing data

30 Aug 2012

Antigua registered online gambling firm Bodog and digital sports data firm Satellite Information Services (SIS) entered into a partnership this week for the provision of SIS’ UK and Irish horse racing data feed. A SIS spokesperson said the primarily Asian-focused Bodog views UK and Irish racing as a key element of its offering as the …

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Intralot stengthens its Russian sports betting involvement

30 Aug 2012

The Greek gambling group Intralot has strengthened its interest in Russian sports betting by upping its 33 percent stake in gaming information systems software and manufacturer of gaming hardware Kelicom to full ownership. Kelicom holds a strategic stake of 74,9 percent in Favorit Bookmakers Office LLC, one of the leading sports betting operators in Russia, …

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Zynga moving closer to real money gambling?

30 Aug 2012

The US technology publication Fusible has taken down a report it carried earlier this week concerning the registration of the domain Zyngambling.com, presumably because it has been unable to verify the factual content of its report with the social gaming giant. Earlier this week Fusible reported that the social game developer had registered the domain …

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Strong growth continued in Playtech’s H1-2012

30 Aug 2012

Online gambling software developer and turnkey provider Playtech plc celebrated a strong set of half yearly 2012 results Thursday, announcing highlights of the period ended June 30 that include: * Gross income up by 86 percent to Euro 176.5 million (H1/2011: Euro 95 million) * Total revenues up by 101 percent to Euro 153.8 million …

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FEG posts 2012 first half results

29 Aug 2012

Central European fixed-odds betting operator Fortuna Entertainment Group (FEG) posted its 2012 Half Year financial results this week, reporting a strong online performance in both Poland and the Czech Republic. Key performance highlights included: –     Total revenue increase of 14.7 percent to Euro 48 million. –     Total gross win of Euro 55.1 million, up 15.2 …

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