Gambling news - page 1045

Biggest spam culprits

25 Jul 2012

According to IT data and security firm Sophos’ latest edition of its “Dirty Dozen” spamming report, one in every two spam messages originated from Asia in the second quarter of 2012. North America continued to reduce the proportion of spam it relayed by email, while Asia increased its output and is now responsible for relaying …

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Positive first half for Sveska Spel

25 Jul 2012

Swedish state-owned gaming operator Svenska Spel has posted positive H1/2012 results attributed to an increase in retail while maintaining its web and mobile market share in a strongly competitive market. Key Performance Indicators over the period include: –     H1/2012 consolidated profit of 2.419 Billion Kronor (H1/2011: 2.356 Billion Kronor) an increase of 63 Million Kronor, …

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Malaysian anti-online gambling action heats up

25 Jul 2012

According to Police officials from Malaysia’s third largest state Pahang, illegal online gambling activities have become a serious issue. Pahang CID Chief SAC T. Narenasagaran told The New Straits Times that police seized 2 644 computer units worth RM2 219 308 which had been converted and used for gambling activities at 213 premises in all …

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Paddy Power initiates legal action against Olympics organiser

25 Jul 2012

Irish bookmaker Paddy Power has reportedly initiated legal action against the London Olympics organiser LOCOG following their instruction for the removal of the company’s London city billboard advertising. The advertisements cleverly promote the firm’s sponsorship of an “egg and spoon race” held in the French town London, Burgundy, timeously erected during the lead up to …

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OPAP picks GTech G2 for online gambling

25 Jul 2012

The Greece-based land and online betting group OPAP, arguably Europe’s biggest overall gambling group, announced Wednesday that it has selected GTechG2, a unit of Italy’s Lottomatica, as its IT provider for expanding into online betting, a business it sees as a key growth driver. The Reuters news agency reports that OPAP had shortlisted three firms …

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California crackdown on internet cafe gambling

25 Jul 2012

The District Attorney’s office in Bakersfield, California has instituted a major crackdown on gambling via internet cafes, serving nine local businesses with cease and desist orders this week. Deputy District Attorney Greg Pulskamp told local reporters that the phenomenon has been a problem nationwide for several years, but in Bakerfield it had become an epidemic …

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Interactive business helps boost IGT third quarter

25 Jul 2012

International Game Technology’s third quarter results posted Tuesday show that the company’s increasing presence in the online and interactive environment is starting to pay dividends, boosting revenues. The primarily land casino supply company highlighted the following Q3 2012 numbers, comparing these with the same period in 2011: * Revenues increased 9 percent to $533 million …

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Betsson revenues soar

24 Jul 2012

The Swedish online betting group Betsson has reported a 44 percent increase in revenues to SEK 486.2 million for the second quarter of 2012, recording sportsbook growth despite the lowest margins yet at 4.6 percent. Other highlights in the results included: * Operating income up by 7 percent to SEK 109.5 million * Active customers …

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William Hill confirms new head of bookmaking operations in the USA

24 Jul 2012

William Hill has confirmed reports which surfaced last Thursday that it had hired the highly experienced Nevada bookie, Nick Bogdanovich, to lead its bookmaking operations in Nevada as director. Bogdanovich has a reputation for being a bold and highly competent leader and was previously a member of senior management at Cal-Neva. The operations under his …

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Financial boost for Tabcorp

24 Jul 2012

Tabcorp CFO Damien Johnston announced Tuesday that the Australian Taxation Office has allowed a company claim for refunds of Goods and Services Tax (GST) paid by Tabcorp’s Victorian and NSW wagering businesses. As a result, Tabcorp will record a benefit of A$14.3 million after tax in its accounts for the half year ending 31 December …

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Bet365 tops in latest gambling data report

24 Jul 2012

The latest GamblingData In-Play Tracker (IPT) study has seen bet365 regain the top spot in football events from Ladbrokes, which dropped down to third in the Summer 2012 survey. This is the third quarterly report for the year and the first to have taken place during a major football tournament, with bet365 topping the poll …

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Jamaican lottery scam arrest ripples widen

24 Jul 2012

The police blitz on Jamaica-based online lottery scammers widened this week with news that two St. Louis, Missouri residents face sentencing in October after pleading guilty to targeting retirees across the US in the fraudulent enterprise. The St Louis Post-Despatch reports that 32-year-old Andre DePass and 24-year-old Jayneise Hampton pleaded guilty Monday to several charges. …

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British gambling law needs to be updated, say parlamentarians

24 Jul 2012

The long awaited report of the UK parliament’s Commons Culture, Media and Sport Committee says that the Gambling Act 2005 resulted in numerous inconsistencies, is not sufficiently evidence based, and that more power should be devolved to local authorities. The wide-ranging report focuses primarily on the land gambling business in the United Kingdom, but also …

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Witness list for Senate hearing on online gambling released

24 Jul 2012

The Senate Indian Affairs Committee has released its witness list for a hearing on internet gambling scheduled for July 26, its third hearing on the subject in the past year. The committee’s oversight hearing will “examine the regulation of tribal gaming, focusing on brick and mortar to the internet.” Thursday’s list of witnesses includes: •The …

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Geosweep lottery row growing in Canada

23 Jul 2012

The Canadian provincial government of Prince Edward Island (PEI) is facing questions over its investment of Cdn$4 million in the British internet gaming company Roboreus and its Geosweep product, which has reportedly not delivered a convincing performance in the British market. Geosweep is an interesting variation on the normal lottery business model in which instead …

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World Match expands range

23 Jul 2012

Malta-licenced online gaming provider World Match has expanded its product offering with WM Live Roulette streamed from the Casino of Venezia – Malta. The company promises high quality live video streaming with high-impact graphics that it says delivers a refined live roulette experience. Players can select either a simplified or advanced game mode that features: …

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UK shop worker charged with fraud

23 Jul 2012

42-year-old British shop worker James Jennings, charged with two counts of fraud by his employer, admitted to using customer refunds to support his online gambling habit. Jennings allegedly cancelled customer orders and funnelled over 51 refunds totalling GBP 55 376 into his own credit card account between April 2011 and March 2012. In addition to …

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32Red reports bumper H1 2012

23 Jul 2012

Online betting and gaming operator 32Red PLC delivered strong H1 2012 results for the period ending June 30, 2012, announcing both record revenues and customer recruitment numbers. The company’s latest results mark its sixth successive 6-month period of record revenues. Key Performance Indicators include: –     Casino Performance from flagship operation, 32Red Casino: –     Gross Win …

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Smart Gaming in live online casino deal

23 Jul 2012

Live casino software provider Smart Gaming Group has signed a landmark deal to provide Germany’s top land based casino Spielbank Schleswig-Holstein with its innovative Smart Live Box solution. The deal will enable Smart Live players to bet on the results generated at Spielbank Schleswig-Holstein casino’s table games such as roulette – in real time. Matthias …

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Fantasy sports gaming provider acquired by private investors

23 Jul 2012

The London based fantasy sports gaming provider Picklive Limited, has been sold to private investors, led by David Galan, the CEO of pool betting provider Sports Millions (the B2B arm of Soccer Millionaire) for an undisclosed consideration. Picklive is an innovative real-time fantasy sports game which turns the ‘season long’ fantasy football model on its …

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Jack Hammer MK 2 Slot

23 Jul 2012

Encouraged by the success of its Jack Hammer online slot, Net Entertainment has launched a sequel to the popular game, titled “Jack Hammer 2: Fishy Business”. The new game features an impressive 99 bet lines, along with a Free Spins game. The popular Sticky Win feature from the original slot remains and Random Wilds during …

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Former EA exec is driving Tipico

22 Jul 2012

The Malta-based and German-owned online betting group Tipico featured in a profile published by the Times of Malta Sunday, which reported that the firm is set to double its business within the next three years as it taps into new e-gaming opportunities internationally. CEO Jan Bolz, a former Electronic Arts executive, told the newspaper that …

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Cyprus police in anti-online gambling raids

22 Jul 2012

Police in Cyprus launched a series of anti-online gambling raids across the Mediterranean island over the weekend, seizing a rather meagre haul of 17 computers and a small amount of cash, according to reports in the Cyprus Mail. The officers were acting in support of the recently passed and highly controversial law banning betting shops …

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Jamaica crackdown on internet lottery scammers continues

22 Jul 2012

Police in Jamaica continued this week to track down and arrest internet lottery scammers who have made elderly Americans their victims in the past The latest arrests include two elected Jamaican municipal officials who stand accused of involvement in a multi-million dollar fraudster ring. Police Superintendent Leon Clunis says officers arrested Kingston Deputy Mayor Michael …

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