The often aggressively authoritative Bulgarian Finance Minister, Simeon Djankov, gave advance notice this week that he has the gambling industry and investors in his sights with plans for new, and as yet unspecified, levels of taxation. The minister is already taking flak for his proposals to impose taxation on all bank deposits, and his policy …
Borneo police raided five premises alleged to have been offering online gambling facilities over the weekend, arresting 23 persons and seizing 67 computers and other items of evidential value. 14 members of the D7 Anti-Vice, Gaming and Gangsterism Unit raided two venues in Medan Jaya and another in Taman Li Hua in Bintulu on Friday, …
Frustration will hardly describe the feelings of an online punter who won Euro 77,000 – Euro 32,000 in one jackpot – but claims that his account balance has been seized without explanation by management at the Rival-powered online casino operation Balzac Casino.com. Exacerbating the issue is a singular lack of communication with either the player …
Online and land gambling supply company International Game Technology has announced the promotion of Darrell Rodriguez to the newly created position of Chief Creative Officer. Rodriguez was formerly IGT’s Senior Vice President Global Game Studios, a position he took up in October 2010. With over 15 years of gaming and entertainment experience spanning The Walt …
The announcement this week that the World Professional Billiards and Snooker Association has suspended Brit snooker champ Stephen Lee (38) pending the outcome of an investigation has triggered speculation that the superior data-collection capabilities of online sportsbetting firms may have played a role. Many such firms have integrity agreements with major sporting bodies as the …
Brit bookie firm William Hill plc.’s at times fractious partnership with Playtech in the William Hill Online joint venture is again the subject of speculation in the UK business press, with industry observers opining that the giant bookmaker is set to announce a buy-out of Playtech’s 29 percent interest as soon as next Friday, when …
In-play betting provider Buzz Sports will provide its flagship product ZonePlay on Eastern European gaming brand Favbet.com in a partnership deal announced today (Friday). Extending its reach into new territories, ZonePlay will become available to customers throughout Ukraine, Russia and beyond. It will additionally be delivered through Favbet’s chain of retail partners. Andrew Behan, Commercial …
Swedish gaming firm Cherry AB has inked an acquisition deal with Bell Casino AB for the sale and purchase of all shares in Cherry’s Maritime subsidiaries Cherry Maritime Gaming AB, Astral Maritime Services Ltd and Cherry Services Ltd to allow the company to narrow its focus on the online gambling sector. The transaction will be …
Paddy Power’s amusing marketing endeavour involving Prince Harry wearing a pair of Paddy Power supplied “Lucky Pants” has been genteelly declined by St James’ Palace. Quick off the mark after the party-loving Royal’s Las Vegas exploits, Paddy Power said it would donate GBP 100 000 to charity if Prince Harry wore the underwear.
UK bookmaker Betfred is set to launch its latest football focused campaign which was created by Manchester-based agency BJL. The campaign will focus on the relaunch of Betfred’s “goals galore” product, the debut of a new in-play offering and the launch of its new “hat-trick heaven” offering according to Campaign Live. Launching initially on television, …
GTECH Corporation appointed Matteo Monteverdi as Senior Vice-President of iGaming this week. Monteverdi will report directly to GTECH President and Chief Executive Officer Jaymin B. Patel and will take responsibility for GTECH’s global interactive strategy with an emphasis on the U.S. iGaming market. The former Senior Vice President of sales & marketing services and president …
Betgenius Limited has signed an exclusive 4-year data rights agreement with Enetpulse, a subsidiary of IMG Media, and partner of the ATP and WTA data rights holders for the sports gaming industry. Leo Noer, chief executive officer of Enetpulse said, “Enetpulse and IMG have recognised that many sports gaming companies would find it extremely challenging …
French gambling provider Pari Mutuel Urbain (PMU) delivered its third quarter results this week showcasing strong growth in its online operations and a good online poker performance despite tough market conditions. Key Quarter 3 Performance Indicators include: – Total Group Stakes Euro 2.4 billion, up 1 percent – Total stakes horse racing Euro 2.32 billion, …
The Virtual Sports Division of the Inspired Gaming group has been on something of a roll in the Italian market, announcing Friday that it has inked deals to provide online and retail virtual sports betting to six major Italian operators: SNAI, Sisal, Eurobet, Intralot, Cogetech, and Lottomatica. Steve Rogers, managing director of the division, commented: …
Indonesian national police cyber crimes raiding parties based in Bogor, West Java broke up an online poker gambling ring operated by US nationals this week, according to reports in the Jakarta Post. National Police spokesman Brig. Gen. Boy Rafli Amar said that the suspects, identified only as MD, OM, RF and HD, were arrested Thursday …
The Full Court of the Federal Court today allowed an appeal lodged by Tabcorp and the State of Victoria against a Federal Court judgment in August 2011. The case, initially brought by Sportsbet Pty Ltd (owned by Irish betting company Paddy Power), related to the operation of branded self-service Internet betting kiosks. The judgment handed …
The Irish land and online gambling group Paddy Power is set to employ an additional 800 people at its new Dublin headquarters, bring its total staff to almost 2,800, reports the publication Silicon Republic. The new posts will be in areas such as e-commerce, m-commerce, technology development, social media, quantitative research, risk management and online …
The UK listed gambling group Sportech plc has issued a public statement advising that its Value Added Tax claim against the British tax authorities in respect of Spot the Ball, has been heard at the First Tier Tax Tribunal. The hearing commenced on Monday 8 October 2012 and closed yesterday, Wednesday 10 October 2012. The …
The latest figures from the New Jersey gambling authorities show no relief for embattled Atlantic City casinos, almost all of which showed declines in revenue during September as the gambling enclave recorded a 6.3 percent dip in revenues compared with September 2011. Overall, slots and table games revenue at AC’s casinos slipped to $276 million …
Internet gambling software developer BetSoft Gaming has announced its completion of the Alderney Gaming Control Commission certification. The first batch of BetSoft’s Slots3 video slot library is now available to all Category 1 Alderney licensees, including the popular games Mr. Vegas, The Slotfather, A Night in Paris, Mamma Mia, Arrival, Madder Scientist, Lost, Three Wishes, …
August gambling revenue figures released by the Nevada Gaming Control Board report an overall drop of just over 3 percent to $859.2 Million. The Northern Washoe County of Nevada faired better than its Southern counterparts delivering a 5 percent increase to $68 million. The Southern Nevada region, however, was in the negative with revenue from …
English Premier League Club Liverpool FC has signed a commercial agreement with Turkish online betting firm misli.com. Misli.com will join Paddy Power and 188BET as the club’s third betting partner exclusively catering to the Turkish market. Baris Telkin, chief executive of Misli.com hopes to build its customer base on the back of the deal. “This …
No winners in this sad tale that saw Brenda Lowe (46) jailed for three-years for defrauding her 91-year-old frail grandmother out of the proceeds of the sale of her house to fund her online gambling habit. Lowe was entrusted with GBP 142 000 of Vera Frankish’s money from the sale of her house when the …
Bally Technologies, recently licenced in Nevada as an interactive gaming system manufacturer and service provider, has clinched a deal with the Mohegan Sun’s casinos in Uncasville, Connecticut and Wilkes-Barre, Pennsylvania following a six-month review process for the provision of an iGaming platform. Under the terms of the agreement, Bally will develop a play-for-free online poker …