Gambling news - page 1061

New online slots launched on Dublinbet

31 Aug 2012

Dublinbet.com, a primarily live dealer operation powered by VueTec, has announced the addition of two new five reel RNG slots branded Cash Cogs and Fruit Fantasia. Cash Cogs is based on the 5 reels and 15 pay-lines format and includes animated symbols, where wins of up to a thousand times the player bet are achievable. …

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Former 888 exec to join Zynga

31 Aug 2012

In an appointment that perhaps signals yet again its ambitions in the real money internet gambling market, Zynga has appointed former 888.com executive Maytal Ginzburg as chief operating officer for new markets. Reporting that the appointment has already been recorded on Ginzburg’s Linked In page, AllThingsD notes that she was formerly the senior vice president …

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Codere posts a loss in first half 2012

31 Aug 2012

Investors in the Spanish online and land gambling group Codere SA will be disappointed that, despite a successful operational half year, the company incurred an overall loss of Euro 24.7 million due to “provision of assets registration and business reorganisation in Mexico.” The loss pulled down an otherwise positive performance that included: * A 30 …

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Saskatchewan First Nations interested in online gambling

31 Aug 2012

The GEObet Gambling Network announced Thursday that it is currently exploring opportunities with Saskatchewan First Nations to develop an online gaming solution that will extend the reach of the Saskatchewan First Nation Gaming network operating in the Canadian province of Saskatchewan. GEObet has made several presentations, including to the recent Special Indian Gaming Assembly in …

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Czech government warned on high online gambling taxes

31 Aug 2012

The Czech government’s predilection for continual tax increases on both online and retail gambling companies could result in a movement to more tax-friendly climes, gambling companies warned this week. The warnings followed the latest tax on Czech-based companies that run betting shops and online betting operations, implemented in January 2012 and justified by government as …

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Amaya Gaming reports major revenue growth in first half

30 Aug 2012

The Montreal-based Amaya Gaming group, which counts internet gambling software developers Chartwell Technology and Cryptologic among its subsidiaries, has turned in a more positive half yearly report to the end June 2012. The company reported significant revenue growth of 285 percent to Cdn $14.548 million for the second quarter of 2012, an increase of Cdn$ …

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Bodog selects SIS UK horse racing data

30 Aug 2012

Antigua registered online gambling firm Bodog and digital sports data firm Satellite Information Services (SIS) entered into a partnership this week for the provision of SIS’ UK and Irish horse racing data feed. A SIS spokesperson said the primarily Asian-focused Bodog views UK and Irish racing as a key element of its offering as the …

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Intralot stengthens its Russian sports betting involvement

30 Aug 2012

The Greek gambling group Intralot has strengthened its interest in Russian sports betting by upping its 33 percent stake in gaming information systems software and manufacturer of gaming hardware Kelicom to full ownership. Kelicom holds a strategic stake of 74,9 percent in Favorit Bookmakers Office LLC, one of the leading sports betting operators in Russia, …

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Zynga moving closer to real money gambling?

30 Aug 2012

The US technology publication Fusible has taken down a report it carried earlier this week concerning the registration of the domain Zyngambling.com, presumably because it has been unable to verify the factual content of its report with the social gaming giant. Earlier this week Fusible reported that the social game developer had registered the domain …

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Strong growth continued in Playtech’s H1-2012

30 Aug 2012

Online gambling software developer and turnkey provider Playtech plc celebrated a strong set of half yearly 2012 results Thursday, announcing highlights of the period ended June 30 that include: * Gross income up by 86 percent to Euro 176.5 million (H1/2011: Euro 95 million) * Total revenues up by 101 percent to Euro 153.8 million …

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FEG posts 2012 first half results

29 Aug 2012

Central European fixed-odds betting operator Fortuna Entertainment Group (FEG) posted its 2012 Half Year financial results this week, reporting a strong online performance in both Poland and the Czech Republic. Key performance highlights included: –     Total revenue increase of 14.7 percent to Euro 48 million. –     Total gross win of Euro 55.1 million, up 15.2 …

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New online games from Viaden Gaming

29 Aug 2012

Online gambling provider Viaden Gaming has expanded its online casino games portfolio with the addition of five new slots. “Football Cup” is a 5-reel, 25-payline slot featuring Wilds, Bonus and Jackpot symbols, a bonus game and an additional gambling round – set within a football theme. A revamp of Viaden’s popular Dice Express titled “Dice …

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PERFORM nabs Aussie NBL digital rights deal

29 Aug 2012

Sports media company PERFORM will enter the multi-platform digital rights space through an Australian-first launch of live NBL match coverage across multiple digital platforms, the firm announced this week. The multi-year deal with Basketball Australia is effective from the 2012/13 NBL season and allows PERFORM to broadcast every NBL game live across the internet through …

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Strong H1-2012 from 888

29 Aug 2012

888 Holdings plc has released a strong set of half yearly results, highlighting: * Interim dividend reinstated at 2.5 cents per ordinary share * Revenue up 21 percent to US$186 million (H1 2011: US$154 million) * Revenue B2C up 25 percent to US$164 million (H1 2011: US$131 million) * Revenue B2C Casino up 20 percent …

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Paddy Power posts a good half yearly

29 Aug 2012

The UK online and land gambling group Paddy Power plc has posted a positive half yearly covering the six months ended 30 June 2012 and including the following highlights: * Profit before tax up 21 percent to Euro 68.7 million and diluted EPS up 25 percent to 121.5 cents, despite some adverse sports results since …

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Republican manifesto spurns online gambling

29 Aug 2012

With a presidential election looming later this year in the United States, the manifestos of the two main political parties are receiving close scrutiny by all manner of interested parties, and online gambling lobbyists are no exception. The latest policy document issued by the Republican National Committee at the party’s national convention in Florida this …

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New Jersey sports – Don’t expect immediate licensing

29 Aug 2012

The state of New Jersey now has a law on the books supporting legalised intrastate sports betting in defiance of the PASPA but the practical issue of licensing will not take place for a few months yet, according to the state Attorney General, Jeffrey Chiesa. Writing to a federal judge in the wake of legal …

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Betfred vs granny round 2

29 Aug 2012

The betting row between Olympic gymnast Sam Oldham’s granny and gambling group Betfred just won’t go away it appeared Tuesday as allegations were made that the bookie’s acrimonious GBP 1000 payment was uncashable. Granny Linda Aldred reported that the Betfred cheques sent to her and her sister after a bitter dispute in the media were …

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Online betting will drive sports betting boom Downunder

29 Aug 2012

Online betting is set to drive the Australian sports betting market to new heights, particularly in the nation’s two football codes, a study by the internationally respected business services firm Deloittes indicates. The study, commissioned by internet betting firm Sportsbet.com.au predicts that betting on Australia’s AFL and NRL football codes will double over the next …

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Maxino – new online casino launches

28 Aug 2012

The Nordicbet online gambling group of Sweden, working through subsidiary Double Zero Casino Ltd in Malta, has launched a new online casino branded Maxino.com, offering a large games inventory from several respected suppliers. The more than 200 games on the professional looking site come from companies like Microgaming, Net Entertainment, Leander Games and NexGen, and …

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New Jersey ready for sports leagues’ legal challenge

28 Aug 2012

New Jersey governor Chris Christie said he was prepared to fight for the right to legalise sports betting in his state, and he proved good to his word this week, hiring top Washington DC law firm Gibson, Dunn & Crutcher to defend the state against a law suit initiated by major US sports leagues. Two …

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Cherry online gambling delivers the goods

28 Aug 2012

The Swedish land and online gambling group Cherryföretagen, which recently changed its title to Cherry (www.cherry.se) posted a strong set of H1-2012 results for the period January 1 – June 30 this week, reporting highlights that include: * Group turnover up 13 percent to SEK 234.6 million and EBIT increased by 503 percent to SEK …

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Schleswig Holstein issues 5 more online gambling linceses

28 Aug 2012

The German province of Schleswig Holstein has brought the number of online gambling licenses it has issued to a round dozen with the approval of the latest five companies’ applications. 888, Ladbrokes, two Admiral Sportswetten sites and Cashpoint Malta were the recipients Tuesday of sports betting licenses that expire on August 26 2018, making the …

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Untamed – Wolf Pack! New online slot released by Microgaming

28 Aug 2012

The Isle of Man-based online gambling software and games developer Microgaming has released the latest – and much anticipated – online slot in its ‘Untamed” series – the five reel Untamed – Wolf Pack. The new game, which takes players on a virtual trip to the frozen wastes of the artic wilderness, is the third …

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