Gambling news - page 1043

Aristocrat acquires nLive online platform

13 Nov 2012

Gaming machine manufacturer Aristocrat Leisure Ltd has acquired GameAccount Network’s (GAN) nLive platform solution. The agreement covers the acquisition of GAN’s internet gaming system (IGS) and remote game server (RGS) positioning Aristocrat in the internet gaming platform service provider arena, an integral milestone in the firm’s online strategy as it bolsters the Company’s position in …

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Another German state joins gambling treaty

12 Nov 2012

The German State of North Rhine-Westphalia has voted in favour of joining the German State Treaty on Online Gaming which allows for legalised sports betting but not online poker. “This will create an attractive alternative offer to illegal online poker and online casino games,” said Interior Minister Ralf Jäger. The State Treaty on Online Gaming, …

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Bet-At-Home reports return to net profit

12 Nov 2012

BetClic Everest subsidiary Bet-At-Home reports a return to net profit in its third quarter results released this week which the Company attributes to successful measures taken in increasing marketing efficiencies relating to customer acquisition and loyalty. Key performance indicators for the three months ending September 30, 2012: –  Gross gaming revenue rose by 11.3 percent …

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Swedish lotto experts advising Irish Government

12 Nov 2012

Stockholm-based lottery industry consultants QLot Consulting are assisting the Irish Government on its anticipated National Lottery license tendering process. According to a company statement, QLot have been appointed as co-advisors in cooperation with Davy Corporate Finance, the financial and commercial advisers to the Minister for Expenditure and Public Reform in Ireland, Brendan Howlin. ”We are …

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Pennsylvania Lottery publishes key terms for bidders

12 Nov 2012

Governor Tom Corbett’s administration has published key terms for a potential Private Management Agreement (PMA) for the Pennsylvania Lottery following interaction with bidders to identify ideas for growing Lottery profits that may include an online offering in the future. While the ownership and control of the Lottery will remain with the State of Pennsylvania, the …

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Pinnacle Sports shuts off US players

12 Nov 2012

In the aftermath of the Queen’s District Attorney’s Office arrest of 25 Americans across 5 different States associated with illegal sports betting , Pinnacle Sports has clarified its position on accepting play from US-resident punters in an e-mailed statement sent to customers. The company notified customers that as of November 19, 2012 it will automatically …

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Malaysian Home Ministry lays down gauntlet

12 Nov 2012

Government authorities are monitoring online gambling activities in Sarawak and Sabah, the two largest Malaysian states on the island of Borneo, promising to halt expansion of the pastime. Minister Datuk Seri Hishammuddin Tun Hussein of the Malaysian Home Ministry said authorities are determined to stamp out the practice before it worsens and have developed bilateral …

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More game choice in new releases

12 Nov 2012

Aristrocrat‘s land-based fav “Pompeii” has been adapted to the online environment in the release of a 5-reel, 243 Ways To Win online slot game of the same name. Winning combinations are created from left to right on 5-reels with 3-rows per reel.  Wilds appear on reels 2 and 4 and are depicted by a Volcano …

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HRDAF receives EOI from eight for sale of OPAP

12 Nov 2012

The Hellenic Republic Asset Development Fund (HRDAF) said eight potential investors have submitted an expression of interest (EOI) regarding the share sale of 33 percent of OPAP (Hellenic Football Prognostics Organization). The following entities or consortia responded to the invitation: –  BC Partners, a London-based private equity firm whose buyout of the Intelsat global satellite …

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Betfair CEO sweeps house

10 Nov 2012

Betfair is holding its cards close to its chest as news of the departure of its UK Director Peter Marcus was reported in the media. Marcus, who joined Betfair around 14 months ago from William Hill, reportedly confirmed in an interview with The Financial Times that he is in discussions with the Company concerning his …

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Canadian online gambling bust

10 Nov 2012

A multi-force Canadian police raid, led by the Royal Canadian Mounted Police (RCMP) was conducted in the Ottawa region this week on suspicions relating to an illegal online gambling operation. The two-year investigation dubbed Project Amethyst has seen the arrest of twenty-one people in total who were allegedly involved in an operation that saw millions …

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Pennsylvania considers online gambling

10 Nov 2012

The Pennsylvania Governor Tom Corbett’s administration has made clear its interest in online gambling in conjunction with the gradual management privatisation of the Department of Revenue-run Pennsylvania Lottery. In a statement released Friday which formed an update on talks with unidentified companies on its controversial lottery privatisation plan, Corbett’s administration said ideas relating to online …

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Paddy Power social betting game

10 Nov 2012

Irish bookmaker and online gambling firm Paddy Power has debuted a new social betting game titled “BetDash“. Players have ten days to turn a virtual GBP 100 000 into GBP 1 million using their betting instinct and sporting knowledge. BetDash pays out 25X the player’s initial stake if they achieve the GBP 1 million goal. …

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Folkspel extends licensing agreement with NYX

10 Nov 2012

NYX Interactive has renewed its software licensing agreement with Swedish State-licensed operator Folkspel. The extension will enable Folkspel to continue its online growth utilising the NYX Rapid Platform, NYX Bingo, Keno and Scratch card products. David Flynn, chief executive officer of NYX Interactive said “Folkspel has been a valued customer of NYX Interactive since 2006. …

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New games from Novomatic

9 Nov 2012

GreenTube Internet Entertainment Solutions GmbH has launched new Novomatic casino games “Diamond 7”, “Flame Dancer” and “Knights Quest” slots with “Marilyn Poker II” a video poker offering. Thomas Graf, chief executive officer of Green Tube comments: “I am very pleased to follow these positive developments Greentube is currently undergoing in terms of creating new products, …

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Spanish autonomous state signs remote gambling decree

9 Nov 2012

The Board of Spain’s largest autonomous region Castilla y León in the North West has eventually approved a decree to regulate remote gambling which was published in Castilla y León’s Official Gazette early last week. The decree covers regulatory principles, specifies remote gaming channels, consumer protection, the type of games authorised, tax liability and a …

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Strong performance in IGT quarterly results

9 Nov 2012

International Game Technology (IGT) delivered a strong performance in its quarterly earnings report this week.  Interactive and strong sales in the replacement of slot machines led to better-than-expected fourth quarter earnings causing a spike in the Company’s share price. Fourth Quarter Highlights (compared to last year’s fourth quarter) include: –  Total revenues increased 17 percent …

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Nevada September gambling revenue up

9 Nov 2012

The Nevada Gaming Control Board (NGCB) said gambling revenues in the State during the month of September 2012 were up 3 percent compared to September 2011, while gambling win for the month yielded $ 893 million. Las Vegas Strip delivered revenues of $497 million in September, up 1.2 percent while Las Vegas Downtown was up …

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Bookie Mania launched

9 Nov 2012

Social betting game “Bookie Mania” has launched on Facebook offering a non-gambling freemium social betting product. In a deal announced in August this year, the Muckleshoot Indian tribe from Puget Sound in Washington State entered into an equity partnership deal with Bookie Mania Ltd which was founded by online gambling veteran and md of Boofel …

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mybet weak margins affect revenue

9 Nov 2012

mybet Holding SE (formerly JAXX SE and here on the site represented by mybet casino ) published its report on the first nine months of 2012 delivering strong growth but weak bookmaking margins which affected revenue. Key performance highlights for the Group over the period include: – Revenues of Euro 49.3 million, up 14.3 percent. …

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EveryMatrix partners with Betsoft Gaming

9 Nov 2012

3D gaming developer BetSoft Gaming has partnered with gaming software supplier Everymatrix in a game supply deal that includes its Slots3 portfolio as well as other popular titles. “We are thrilled to enter into this lucrative partnership with EveryMatrix,’ said Anthony Locke, BetSoft’s Head of Product Development. ‘We have no doubt that our top quality …

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Progress for Sportech

9 Nov 2012

Sportech PLC reported on its progress for the period July 1 to date in its Interim Management Statement released this week saying the Group is trading in line with Board expectations as it makes operational progress across all its business areas. Sportech’s Interactive Products & Services division has successfully launched the full service contract with …

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High 5 games on Playtech platform

9 Nov 2012

Playtech has signed a game distribution deal with High 5 Games (H5G) that will provide fresh content to its online casino partners while expanding H5G’s online presence. A variety of online games, including some adapted from the terrestrial casino floors will be made available to licensee customers in legal and regulated jurisdictions. “We are very …

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PERFORM in Lega Serie sports media deal

9 Nov 2012

Digital sports media group PERFORM has inked a three-year deal with the Italian Lega Serie A to distribute the official Serie A TIM channel across digital platforms. The agreement covers the distribution of official Lega Serie A match content through ePlayer, PERFORM’s sports VOD broadcast platform, that is embedded into the sites of major Italian …

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