Bally Technologies, Inc. is executing a succession plan that will see its current Chief Operating Officer, Ramesh Srinivasan, take up the position of President and Chief Executive Officer and Board Member on December 31, 2012. Srinivasan succeeds Richard M. Haddrill who will become Chairman of the Board. Haddrill joined Bally as Chief Executive Officer in …
Techworld reports the issue of a new cyberlaw by the President of the United Arab Emirates that makes provisions for anyone operating gambling activities in the Country. Signed into law by President Sheikh Khalifa bin Zayed Al Nahyan the decree details “imprisonment of anyone who sets up or runs an electronic site to send, transmit, …
The Spanish General Directorate of the Game released limited stats on the evolution of the newly legislated online gaming market recorded from June to end September 2012. – Tax revenues totaled Euro 111 million while administrative fees yielded Euro 12.78 million from January to October 2012. – A total gross gaming revenue (GGR) of Euro …
French operator Pari Mutuel Urbain (PMU) announced the appointment of Mylène Collin as Director of Human Resources and a member of the Management Committee. Collin has held various human resource positions with Danone, Bongrain, Carlson Travel and more recently Carrefour retail store. She is a Graduate of the Institut d’Etudes Politiques (IEP) and also holds …
Cantor Gaming has entered into a long-term agreement with Golden Gaming LLC that will see the company operate the race and sports book at the Pahrump Nugget Hotel & Casino, subject to regulatory approval. Patrons of the Pahrump Nugget Hotel & Casino will additionally be able to register for a Cantor mobile sports wagering account …
Las-Vegas situated Station Casinos LLC has entered into an agreement to acquire a majority stake of 51 percent in Fertitta Interactive LLC for an undisclosed consideration. A company statement said the Company believes Fertitta Interactive is well positioned to become a leader in online gaming by leveraging existing capabilities and platform as well as its …
European online betting firm Betway has signed a strategic agreement to develop, market and operate a combined social and real-money casino with Online Skill Limited who owns the Clickfun Social Casino. Following a brief soft-launch, Clickfun Casino will allow UK customers to play casino games for real-money at Clickfun Casino.com utilising the web, mobile and …
Athens-based independent public authority the Hellenic Gaming Commission (HGC) has introduced itself with an advisory notice saying it has resumed its responsibilities to control the provision of online gaming services in the jurisdiction. It goes on to inform that licences to offer any online gaming service in Greece are subject to the successful award following …
European Union-wide taxation on online gambling came out of a public hearing arranged by the European Parliament special committee on organised crime, corruption and money laundering whose focus is on the removal of financial control that Mafia organisations are perceived to have over banking institutions in the European Union. “Gambling is just a perfect tool …
Las Vegas-based Caesars Entertainment Corporation and South American casino operator Enjoy have entered into a strategic relationship in Latin America. Enjoy will acquire 45 percent of Caesars Baluma subsidiary which owns and operates the upmarket Uruguayan Resort and Casino, Conrad Punta Del Este, for a consideration of $ 140 million while Caesars will in return …
Social gaming giant Zynga has announced a slew of new appointments within its executive team following a series of high-profile departures earlier this year . – Mark Vranesh, formerly the chief accounting officer, has been appointed chief financial officer succeeding David Wehner who has taken up a position at Facebook Inc. – David Ko, previous …
Connecticut law maker Rep. Stephen Dargan, co-chairman of the legislative public safety committee overseeing legalised gambling, said in an interview this week with courant.com that his committee needs to reconsider the matter of online gambling as revenues from the two tribal casinos in the State dwindle along with continued State deficits. The issue of internet …
bwin.party digital entertainment plc has provided an update to the ongoing saga relating to the detention of its co-CEO Norbert Teufelberger in Belgium Tuesday. The company confirmed that Teufelberger complied voluntarily to attend an interview with representatives of the Belgium Gambling Commission regarding its view that bwin.party is in breach of the country’s gambling legislation. …
Diverse regulatory challenges in Europe’s evolving online gambling industry require a specialist partner to ensure compliance on all levels across numerous markets The regulatory auditing and testing agency eCOGRA has been selected by leading Stoke-on-Trent based online gambling group bet365 to serve as its “third party regulatory testing and certification partner”. Companies are increasingly recognising …
The Eindhoven-based 3D game developer Sheriff Gaming has augmented its 3D slots portfolio with the release of another two games titled “Billion Dollar Movie” and “InCash”. Billion Dollar Movie is a 5-reel, 3-row, 20-payline 3D video slot game in which players experience an action-packed film set as they accompany the director, cast and crew through …
Betable has appointed former vice-president of Zynga‘s mobile division Ya-Bing Chu as its Chief Product Officer. Betable’s platform allows third party app developers to integrate and develop real-money play and virtual goods economies into their applications under Betable’s UK-licence. “This is an opportunity to pioneer this business, and this was too good to pass up,” …
Irish bookmaker Paddy Power’s latest marketing initiative involves a game-show-style campaign for its mobile app “Roller Casino”. The four-week campaign, fronted by Channel 4 game show host George Lamb, will invite consumers to take a flutter on a GBP 1 Million bet, the top prize up for grabs on a single spin of a roulette …
Intralot Interactive has entered the social gaming world with the debut of its Lazyland Social Gaming Suite, no doubt anticipating as successful a product as International Game Technology’s DoubleDown Casino offering. The Lazyland Social Gaming Suite is a partnership between Intralot and the social gaming company Lazyland. It offers a complete gaming experience that leverages …
Initial reports suggest that bwin.party digital entertainment’s co-chief executive officer and the chairman of the European Betting and Gaming Association (EGBA) Norbert Teufelberger has been detained by Belgian authorities for questioning. Industry observers surmise the intervention stems from bwin.party’s presence on the Belgian Gambling Association’s so-call black list of companies it deems as operating illegally …
In digital goods measurement firm SuperData’s latest research report, the social casino games market is said to be worth $ 1.6 Billion rising to $2.4 Billion by 2015. Other interesting data includes: – Monetisation is 1.8 times greater than current social gaming revenue where casino gamers on social networks spent an average of $ 78 …
A 23-year-old former personal banking advisor who stole a total of GBP 72 000 from his father’s bank account to fund his online roulette addiction has landed back in jail for the same offence. David James Collins who was jailed in 2010 for pilfering customer’s and his father’s accounts was sentenced to two years imprisonment …
The World Snooker Masters, a top event on the snooker world calendar, will be named the Betfair Masters following a sponsorship agreement between the two. The Betfair Masters to be held in London from January 13 to 20 will feature 16 top international snooker players. The agreement is an extension to Betfair’s World Snooker relationship …
Gaming firm Bally Technologies will offer online casino table-game content from SHFL Entertainment on its iGaming platform in a deal inked this week. “We are pleased to have entered into this agreement with SHFL,” commented Bally Technologies’ vice president of business development John Connelly. “Operators will have the ability to choose from an array of …
William Hill and GVC Holdings are likely to be granted a further extension to the November 13 deadline regarding its proposed GBP 530 million offer on online gaming group Sportingbet reported Reuters Monday. The extension is required to complete due diligence related to the proposed acquisition.