Gambling news - page 1047

Sheriff online casino games for SBTech

25 Oct 2012

Sheriff Gaming, the Netherlands-based online gambling software developer, has inked another 3D casino games supply agreement, this time with SBTech, a sports betting software provider of flexible turnkey solutions. SBTech’s portfolio already boasts more than 200 games, which will be augmented by Sheriff’s offerings, featuring movie quality graphics and animations, unique and engaging storylines, and …

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Michigan man spent ponzi scheme proceeds on online gambling

25 Oct 2012

A Grand Rapids, Michigan man who spent investors’ money on Internet gambling and personal expenses has been sentenced to four years in federal prison after being convicted of operating a $1.5 million Ponzi scheme. Jeffrey Curtis Folkert (42) was convicted and sentenced by U.S. District Judge Robert Jonker Wednesday, who in addition ordered that the …

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NetEnt posts Q3-2012 numbers

25 Oct 2012

The Swedish online gambling software and games developer Net Entertainment has released its Q3-2013 performance numbers to end September, noting the following highlights: Third quarter 2012 * Revenues for the third quarter increased by 9.9 percent to SEK 122.5 (111.4) million * Operating profit amounted to SEK 36.1 (34.0) million * Operating margin was 29.5 …

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Maryland enforcement in cyber sweepstake raids

25 Oct 2012

Maryland enforcement agencies appear to be lowering the boom on internet cafe sweepstake operators, with reports in the Baltimore Sun newspaper that county police in Towson had executed search warrants on 10 online gambling and sweepstakes businesses. A police spokesman said the raids, which were carried out in conjuction with Immigration and Customs Enforcement, Homeland …

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Gambling busts net top sports betting director

25 Oct 2012

Lighting up the US media Wednesday afternoon state-side were reports of enforcement actions originating in New York had resulted in the arrest of Cantor Gaming sports book director Mike Colbert (32) on a warrant by the Queens, New York, District Attorney’s office, alleging 8 counts of conspiracy, money laundering, and enterprise corruption. Colbert was taken …

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Is opposition mounting against single-game sports betting in Canada?

25 Oct 2012

Up in the Great White North, MP Joe Comartin’s proposed bill to legalise single-game betting in Canada appears to have encountered its first real potential opposition from Major League Baseball officials. Thus far private members Bill C-290 has enjoyed a remarkably easy if rather prolonged run through the parliamentary gauntlet of committees and readings. It …

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Zynga Q3-2013 results boost share price

25 Oct 2012

The troubled San Francisco-based social gaming giant Zynga’s third quarter results released Wednesday turned out to be a little better than the market had expected, although hardly stellar. Nevertheless, the company’s shares experienced a much-needed up to 13 percent improvement as it outlined its plans for the future and presented financial statistics. At $316.637 million, …

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Zynga and bwin in online gambling partnership

25 Oct 2012

Ever since Zynga CEO Mark Pincus’ statement earlier this year that his company intends entering the online gambling sector in the UK in 2013, industry observers have been waiting for the other shoe to drop…with which company would Zynga partner? The speculation ended Wednesday with Zynga’s Q3-2013 report, which included an announcement revealing that it …

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Two new slots at Jackpot Party

24 Oct 2012

WMS Industries’ operational website Jackpot Party Casino is set to launch another two new games to its portfolio this week. “Lancelot” is a five-reel, Camelot-themed slot that incorporates the well known characters and iconography of the time. A feature round is triggered by two symbols on consecutive reels, while landing Lancelot and Guinevere on all …

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eCOGRA appointed as Unibet regulatory partner

24 Oct 2012

The regulatory auditing and testing agency eCOGRA is benefitting from commercial opportunities opening up for online gambling testing agencies with the expertise and resources to provide compliance and audit services to major international companies seeking national licensing. With the increasing number of governments opting for the regulation of internet gambling rather than banning this form …

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Online gaming companies cooperate with Dutch authorities

24 Oct 2012

The Dutch government, still bogged down by political wrangling on the road to online gambling legalisation is nevertheless persisting with its campaign asking online gambling companies to stop targeting Dutch residents…and a significant number of companies have apparently agree to cooperate. The publication Dutch News.nl reports that over 20 of the 40 online gambling firms …

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bwin.party to deploy lightstreamer technology

24 Oct 2012

Pervasive live data delivery over the web from Weswit will power bwin.party gaming platforms in an extended partnership announced this week. Weswit’s Lightstreamer technology will be progressively deployed in bwin.party Entertainment’s online poker, casino and bingo product verticals enabling the streaming of real-time gaming data and messaging across multiple channels and applications including HTML5, Android, …

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UK horserace board settles 52nd levy

24 Oct 2012

The much debated and historically fraught UK Horserace Levy Scheme has been agreed between the Horserace Betting Levy Board (HBLB) and the Bookmakers’ Committee who estimate a yield from the April 2013 to March 2014 period of GBP 72.9 Million. The estimation includes a voluntary contribution to British Racing, through the Levy Board, from online …

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Instadeal nets another licencee

24 Oct 2012

Fast Fold poker firm InstaDeal will provide its poker service to newcomer Falconbet. The InstaDeal service is available as a traditional download application for Windows and Mac as well as an HTML5 based mobile application. Although very little information exists on FalconBet according to InstaDeal it is “run by a team with more than twenty …

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New 3D Sheriff Gaming progressive

24 Oct 2012

Eindhoven-based game developer Sheriff Gaming has followed up the recent launch of its “Cars & Cash” game with “Bugs“, a 3D graphic-rich progressive slot game. The game revolves around a garden-hunting little girl who explores to find special bugs and prizes. Colourful butterflies hide points or multipliers, while a praying mantis puts the player in …

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New appointment to Nevada Gaming Control Board

24 Oct 2012

The vacancy created on the Nevada Gaming Control Board by the resignation recently of Mark Lipparelli is to be filled by Terry Johnson, the director of the Nevada Department of Business and Industry. Nevada governor Brian Sandoval announced the appointment Tuesday, revealing that the new board member will serve out the remaining two months of …

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Zynga chops staff, closes offices

24 Oct 2012

Beleaguered online social gaming giant Zynga’s misfortunes continued this week with a further fall in share price and the news, confirmed by CEO Mark Pincus, that the company has cut 5 percent of its workforce of around 2,850 people and closed offices in the UK and Japan. The Reuters news agency published a copy of …

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Interesting stats on European gambling

23 Oct 2012

The release of the European Commission’s action plan for regulating the online gambling market Tuesday carried with it some interesting statistics on European internet gambling. The Commission found that the online gambling industry has an annual growth rate of about 15 percent, with a Euro 13 billion turnover predicted for 2015. There are an estimated …

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Microgaming signs new operator

23 Oct 2012

Online gambling software provider Microgaming has announced that it has added operator Lucky247 to its online and mobile casino clientele list. Owned by To Play Central Ltd, a company regulated by the LGA in Malta, Lucky247 will have access to Microgaming’s suite of casino games alongside the software company’s diverse portfolio of mobile software, which …

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Betdaq provides NFL weekly commentary

23 Oct 2012

The Irish online betting exchange company Betdaq has launched an NFL dedicated microsite that offers live streamed video match commentary direct from the USA each week. BetdaqNFL.com gives punters video previews on every NFL game as well as all the stats and news that they need to make their bets pre-match or in-running. The flagship …

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European Commission unveils action plan

23 Oct 2012

Unidentified sources were active in leaking information from the European Commission’s much-awaited action plan on internet gambling Tuesday, pre-empting Commissioner Michel Barnier’s mid-afternoon press conference tabling the Commission’s proposals for the way forward titled ‘Towards a comprehensive European Framework for online gambling’. Quoting unidentified EU officials ahead of the press conference, the Bloomberg business news …

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Head of the European Commission on online gambling regulation

23 Oct 2012

Perhaps as a preview of the European Commission’s release of its action report on online gambling scheduled for today, the Commission’s head, Michele Barnier published an article in The Times of Malta newspaper Tuesday. Titled “Make Online Gambling Safe,” the article explores regulatory issues in the internet gambling industry in Europe, which Barnier claims is …

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UK Government consulting on regulatory merge

23 Oct 2012

The UK government’s plan to cut costs by reducing the number and expenses of public bodies reached the gambling industry last year with the decision to merge the Gambling Commission  and the National Lottery Commission, and this initiative has now moved into the consultative stage. Details of the phase can be found at http://www.culture.gov.uk/consultations/9255.aspx, which …

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New director for responsible gambling trust

23 Oct 2012

The Responsible Gambling Trust has appointed the respected academic Jonathan Parke as the charity’s Director of Commissioning. Many in the online gambling industry will remember Parke as the man commissioned in 2006 by player advocacy and standards body eCOGRA to conduct one of the largest studies of online gambling player behaviour at that time, presenting …

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