Gambling news - page 1037

IGT’s Doubledown social internet casino in new partnership

20 Aug 2012

IGT social gaming casino DoubleDown’s free-to-play app will be available soon for players on Jacobs Entertainment Inc. websites in Colorado and Nevada, the group announced Monday. The application will be hosted on the websites of five Jacobs Entertainment Inc. venues. DoubleDown Casino enables Jacobs Entertainment Inc. to provide its players with casino style game play …

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‘If’ agency gets Paddy Power text betting account

20 Aug 2012

The Altrincham, UK direct marketing agency ‘if’ has been awarded online and land gambling group Paddy Power’s contract for the promotion of its new text betting service. The ‘if’ team was briefed to raise awareness of the new offering to both existing and new target customers, with the core message being ‘speed and ease’ as …

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Not so lucky lottery fraudster goes to jail

20 Aug 2012

The UK store clerk who attempted to defraud an elderly British couple, telling them their million pound lottery ticket was worthless, and then attempting to cash it himself, will have 30 months to repent at leisure. That’s how long he is going to spend in jail after sentencing this week by a Manchester magistrate. Farrakh …

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Rank-Gala Coral deal under scrutiny

20 Aug 2012

Two major UK online and land gambling groups are under scrutiny this week following the Office of Fair Trading’s decision to refer the Rank plc bid for the Gala Coral group to the UK Competition Commission. Rank has issued a statement saying that it is considering the implications of the decision and will make a …

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Betway to sponsor fantasy football

20 Aug 2012

Betway, a major European online betting company, has announced a deal to sponsor Trinity Mirror’s Fantasy Football platform for the next three years as part of a substantial UK wide media campaign. The sponsorship package will see the Mirror Fantasy Football branded with the Betway logo and will enable players to claim special offers, such …

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Payment processor applies for Nevada licence

20 Aug 2012

The Toronto-based payment processing equipment manufacturer NRT Technologies Corp. has applied through its Las Vegas branch for a service provider licence in Nevada’s nascent online poker regulatory regime. The application brings to 32 the number of companies applying for Nevada online poker licensing in the operator, service provider and manufacturer categories, with the majority of …

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bwin.party loses Argentina court action on internet gambling

20 Aug 2012

A legal dispute that started four years ago was finally decided in an Argentinian federal court this week when judges upheld the constitutionality of federal regulations that have created a gambling monopoly in the South American nation. That monopoly resides with the local group Loteria Nacional, making it the country’s sole legal operator and administrator …

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Logo changes at Tabcorp

20 Aug 2012

Australia’s land and online bookie group Tabcorp has launched a new corporate identity for its New South Wales and Victorian wagering brands – TAB. The changes will see the NSW TAB and Victorian TAB logos aligned, with the only difference being the colour. The NSW logo will be on its traditional green background while Victoria …

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Playtech owner in new IPO

20 Aug 2012

The main shareholder in the publicly listed online gambling group Playtech plc, Israeli businessman Teddy Sagi, is on the IPO trail again, this time seeking a listing for another of his enterprises, oil exploration firm Genesis Energy (Israel) Limited. The Israeli business publication Globes reports that Sagi’s plan is to raise between $90 and 120 …

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Online gambling continues to grow

19 Aug 2012

The respected Silicon Republic publication is currently carrying an infographic article highlighting the continued growth and development of the global online gambling industry despite tough economic times and – in some regions – determined attempts to knock the industry down through enforcement actions. Global revenue from online gambling is estimated to have been nearly US$30 …

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Good second quarter for JAXX

19 Aug 2012

The German online gambling group Jaxx posted its Q2-2012 results this week, showcasing a 20 percent rise in net gaming revenues to Euro 15.62 million, and EBITDA well up at Euro 6.95 in the quarter. Other highlights of the report included: * H1-2012 NGR reached Euro 33.93 million – up 21 percent year-on-year thanks mainly …

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Nevada Gaming Commission to consider new regulatory requirements

19 Aug 2012

When the South Point Poker and Monarch Casino applications for internet poker licenses come before the Nevada Gaming Commission for final approval on August 23 they will face additional regulatory requirements which are mainly centred on organisational and integrity imperatives. Both companies were recently advised of the new requirements. The Commission will consider the need …

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Global Gaming buys fantasy sports company

19 Aug 2012

Global Gaming Network, Inc., a Los Angeles-based developer and aggregator of digital entertainment and sports information for online and mobile platforms, has announced the acquisition for an undisclosed consideration of fantasy sports operator AmpedFantasy. AmpedFantasy is an online sports business which allows users to legally wager on players that participate in domestic and international sporting …

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Texas enforces arrest gambling software development execs

19 Aug 2012

The arrest of four executives managing a software development company in Haltom, Texas could indicate a change of tactics by enforcement authorities trying to stamp out online sweepstakes style gambling in internet cafes. It may presage a new targeting approach that widens the scope for possible prosecutions to software providers as well as internet cafe …

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Asian deals for Everton and West Bromwich Albion football

19 Aug 2012

Among the slew of UK football sponsorships announced by various clubs this week was an interesting Asian market deal that will see the AsianLogic subsidiary Dafabet enter sports betting partnerships with Everton FC and West Bromwich Albion FC. Dimitris Kartzas, who directs internet gaming activity at AsianLogic, noted: “For some time now, we have been …

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Blue Square Bet to get radio coverage

19 Aug 2012

Online betting and sports betting service Blue Square Bet has inked a nine month, six-figure agreement with Absolute Radio that features the popular 3-hour mid-morning Saturday show presented by Mark Crossley. The partnership will last for the duration of the 2012/2013 football season, with the focus on pre-game betting and the opportunity to discuss live …

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Imaginative theme in new Betsoft online slot

19 Aug 2012

What to do when a large alien plant crashes into your farmland? The answer is found in Betsoft’s latest 3D slot, the amusing It Came From Venus, which shows how Skeeter, a financially beleaguered farmer, deals with the extra-terrestrial event and the follow up by the authorities. This five reel, thirty line game comes with …

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New Asian betting partner for Tottenham Hotspurs FC

17 Aug 2012

The Tottenham Hotspur Football Club announced Friday that Fun88, an Asian online gambling company, is to become the club’s official Asian Betting and Gaming Partner. The two year agreement, which begins immediately, will see the two organisations work together to engage with Asian sports fans through a range of online and offline activities which will …

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California House Committeee puts sports betting on the back burner

17 Aug 2012

For reasons that are not yet entirely clear, a California House of Assembly committee has killed a proposed bill seeking to legalise sports betting in the Golden State. SB1390 appeared to ensure that California would be joining a growing number of US states restive at being excluded from the four-state roster of those permitted under …

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Finland’s Slot Machine Association profits down due to tax

17 Aug 2012

The 2 percent rise in Finnish taxation has neutralised an otherwise solid H1-2012 performance from Raha-automaattiyhdistys (Finland’s monopolistic Slot Machine Association), which is more generally known as RAY. The company reported: * Revenues up 6.1 percent to Euro 377.7 million * Tax paid Euro 45.2 million * Profit down 0.6 percent year-on-year to Euro 198.9 …

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Interactive division a star in Rank plc results

17 Aug 2012

The latest Rank plc results to end June 2012 show that the interactive division of the company has again made an important contribution to the overall performance of the UK land and online gambling group in its 75th year. Rank Interactive increased revenue during the 12-month period by 20.8 percent to GBP 77.7 million, with …

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SNAI revenues down in H1-2012

16 Aug 2012

SNAI, a major company in the Italian online gambling market, has posted mediocre H1-2012 numbers, reporting that revenues in the first half of 2012 declined almost 7.5 percent to Euro 284.8 million, and attributing the lacklustre performance to uncertainties in the Italian sports betting sector. Racing bets were down a worrying 33 percent, impacted adversely …

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Tottenham FC and Betfred to partner

16 Aug 2012

Betfred.com (listed here on the site as Betfred Casino) announced a sponsorship deal Thursday that sees the online gambling company become the official UK betting partner of Tottenham Hotspur. The three year agreement includes exclusive UK branding rights across Tottenham’s online, digital, mobile and social media platforms. Rakesh Chablani, Betfred.com commercial director, said: “Tottenham Hotspur …

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Online gambling firms in football sponsorship deals

16 Aug 2012

UK football clubs Everton and Manchester United have entered into sponsorship deals with online gambling companies Paddy Power and Bwin.Party, The Drum publication reported Wednesday. Bwin.Party’s agreement with Manchester United is to run for three years, lifting the betting companies profile in the European and global market. Richard Arnold, Manchester United’s commercial director, said: “Bwin …

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