The financial sector report the launch of a GBP 100 million buyout fund titled Burlywood Capital by well-known internet gambling entrepreneur and Sportingbet founder Mark Blandford. Former Gala Coral Group chief executive officer Neil Goulden and Panmure Gordon investment banker Andrew Burnett are reportedly involved in the private equity venture that will be chaired by …
Ladbrokes may be considering a takeover bid of Betdaq, the Irish online sports-betting exchange owned by Dermot Desmond, rather than the “technology deal” reported earlier this year according to an article in the Sunday Independent over the weekend. “There are discussions about deepening our relationship with Betdaq,” said an unidentified Ladbrokes spokesman who “sort of” …
Britain’s largest bookmaking firm, William Hill plc, has briefed lawyers to prepare a challenge to the proposed new UK law that will see offshore companies accessing the British market taxed on a ‘point of consumption’ basis, and forced to take out secondary licensing with the Gambling Commission. Reporting on the new development Monday, the Telegraph …
Prof. Siegbert Alber, chairman of the EU government relations firm Alber & Geiger, wrote an opinion piece in Public Affairs News this week, exploring the possibilities of harmonised European Union laws on internet gambling. Prof. Alber knows whereof he speaks; as a former Advocate General of the European Court of Justice he was deeply involved …
Online gambling legalisation moves in Delaware, New Jersey, Nevada and other US states are creating interest in the US video game industry, where developers are considering the potential of a new source of business, the San Francisco Chronicle reported over the weekend. The publication gives as an example the case of Reno-based 3G Studios, which …
Several European newspapers identified the Irish Olympic team member involved in the Olympic betting investigation as yachtsman Peter O’Leary Sunday. Most quoted anonymous sources as saying that O’Leary had done nothing wrong when he placed a number of small bets on various events – including one in which he was a competitor – at the …
Players resident outside of Spain started reporting Friday that their accounts at the 888.es dedicated Spanish gambling website were being shuttered. The shutdown is being interpreted as a precautionary move by the online gambling company in order to keep its international legal and regulatory slate clean by ensuring that only bona fide Spanish residents are …
Allegations of betting created negative headlines in an otherwise positive Olympics news environment over the weekend when Ireland’s Olympic Council announced that it has started investigating an accusation that one of its athletes at the London Games previously bet on an opponent to win an event in which they were both competing. The council has …
Rigorous secrecy by the organisers of the London Olympics, allied to an unusual choice of who would light the cauldron, made it impossible for punters to fairly guess how the opening ceremony would play out, causing many bookies to void bets and return players’ deposits following the big opening Friday night. Ultimately, the honour of …
French online gambling authority ARJEL presented its Q2/2012 indicators and summaries on the French market this week giving an interesting insight into customer demographics and operator challenges. The summary is based on data supplied by ARJEL-licenced online gaming and betting operators. Key indicators for the Q2/2012 period include: Overall Market: – 1.3 million member accounts …
Yogonet reports two senior appointments by Scientific Games Corporation to bolster its gaming division, which includes The Global Draw, Barcrest and Games Media. Michael Koch has reportedly been appointed managing director of International Business for the Gaming division while Gareth Philips has been named chief technology officer (CTO) for the division. Koch was employed in …
Betclic Everest subsidiary Bet-at-home will extend and expand on its existing partnership with second tier German football team FC St Pauli. The deal believed to be worth Euro 300 000 extends the sponsorship for a further season according to sponsors.de, despite the team being relegated from the top tier.
Online betting exchange, Betfair, is the new title sponsor of the one-frame knock-out UK snooker tourney titled “Snooker Shoot-Out”. The Sky televised tournament allows players a time limit of 10 minutes per frame with 20 seconds per shot in the first five minutes of the game, extended to 15 seconds in the last five minutes …
Cantor Gaming and Californian not-for-profit organisation Horse Racing United (HRU) today announced an exclusive provisional agreement that will see Cantor Gaming provide HRU with the technology and infrastructure for a intrastate internet poker platform subject to California’s legislature legalising internet poker and the subsequent award of licencing to HRU. Horse Racing United represents the interests …
William Hill plc investors will be pleased with the company’s H1-2012 half-year results released today (Friday) which improve on the comparative period last year, with online activities making a substantial contribution. Key points in the report on operations for the 26 weeks ended June 28 are: * Group net revenue up 11 percent to GBP …
Playtech plc has announced that the conditions related to the acceleration of the additional consideration of Euro 140 million payable to Worldwide Online Enterprises Ltd in respect of the March 2011 acquisition of PT Turnkey Services Limited have been fulfilled. PTTS’s continued strong performance in Q2 2012 has triggered the accelerated payment of the entire …
Shuffle Master’s successful approval by the Nevada Gaming Control Board was confirmed Thursday by the Nevada Gaming Commission, making the company the third to receive approval as a provider of interactive gaming systems in Nevada. The primarily land casino suppliers, IGT and Bally Technologies, were granted licenses last month, and it is understood that over …
Actor Pierce Brosnan’s highest-profile movie role – that of James Bond in several editions of the iconic spy series – is suggested in the latest television advert promoting Lottomatica’s online gambling activities. All the elements of the popular Bond movies are there – expensive venue, suave if aging superspy in his d.j., a beautiful woman …
Slotocash online casino players logging in this week were confronted by a push update which ultimately presented them with what appeared to be a totally different online casino titled Slots Capital…but with their correct user name and password details filled in on the log-in page. Although puzzled, many logged in to find that their comp …
Thursday’s Senate Indian Affairs Committee hearing on gambling issues impacting tribal operators was told by witnesses that federal legalisation was the preferred route to ensure that a state-by-state ‘patchwork’ of regulations did not evolve, and that tribes get a piece of the action without having their revenue taxed and their sovereignty compromised. Mohegan tribe chairman, …
Canadian online gaming outfit Amaya Gaming will supply its proprietary and branded games on the Amaya platform to Circus Group’s online gaming brand in Belgium, Casino777.be. Circus Services SPRL operates three online gambling websites through its Belgian licence along with 15 gambling halls and two land based casinos. “We are delighted to add Amaya Gaming …
International Game Technology subsidiary Double Down Interactive has entered into a partnership with Arizona land-based operation Casino Del Sol Resort. Under the terms of the deal, Casino Del Sol Resort will embed the DoubleDown Casino app onto its website for casino players on a revenue-sharing basis. Players will have access to free-to-play social game play, …
UK bookmaker William Hill’s newly-formed U.S. subsidiary has appointed Bet Smart Media Inc to provide a US-facing website that unifies and rebrands its three American companies: American Wagering Inc., Brandywine Bookmaking LLC and the Club Cal Neva Satellite Race and Sportsbook Division. Following its Nevada licence approval the company planned to consolidate its U.S. acquisitions …
Eurofootball Ltd has expanded its poker relationship with Quickfire, powered by Microgaming, with the addition of Live Dealer and mini-games. The partnership will allow Eurofootball Ltd to expand its main Eastern European target audience into new geographies. Martin Simeonov, Eurofootball Ltd spokesperson said: “QuickFire was the natural choice for us when we looked to enhance …