Gambling news - page 1061

Jamaican drive against online lotto fraudsters continues.

6 May 2012

The police in Jamaica continued their anti-lottery scam drive over this week, arresting six locals and confiscating computers and other documents rich in information that will assist further investigations, reports the Jamaica Observer. The Organised Crime Investigation Division (OCID) reported arresting two persons whilst they were retrieving money from a United States currency account that …

Read now

Brit online fantasy sports company expanding

6 May 2012

40 percent of American men aged between 18 to 35 play fantasy football, says Nigel Eccles of Scots company FanDuel, making the sector an attractive target for companies with the right expertise and content. FenDuel clearly has both, doubling its staff in Edinburgh this year and opening an 8-person US office to handle increased business. …

Read now

32Red in another domain victory

5 May 2012

Online gambling operator 32Red.com has won another World Intellectual Property Organization domain dispute, forcing the San Pablo, California-based company Baysound LLC to surrender the domain 32x.com. Baysound bought the 32x domain in 2006, but its intention to use it on an online casino related enterprise was sufficient to motivate 32Red to launch an action. The …

Read now

The growing impatience of internet gamblers

5 May 2012

One of this week’s more interesting news bytes came from the Econsultancy site, which picked up on research findings from Qubit on loading speeds for websites.  Although the research addressed the wider front of retailer websites, the reaction of responders is nevertheless worth noting by online gambling site operators. Apparently internet users are growing more …

Read now

Eight gambling internet cafes shut in Michigan

5 May 2012

Enforcement action against internet cafe operators that offer their clients gambling opportunities moved to Michigan this week, where the state Attorney General, Bill Schuette, ordered the closure of eight establishments. The local newspaper Jackson Citizen Patriot reports that the decision did not draw much applause from online readers, but that it followed the initial result …

Read now

Bwin.Party to spend millions buying back shares

5 May 2012

Online gambling group Bwin.Party digital entertainment has allocated up to a further GBP 17 million for the repurchase of ordinary shares for cancellation, the company reported in a stock exchange advisory Friday. “Numis Securities [is] to lead-manage a non-discretionary arrangement to repurchase up to GBP17 million of ordinary shares in the capital of the company …

Read now

UK Gambling Commission releases latest Gambling Prevalence stats

4 May 2012

The UK Gambling Commission has released its latest Gambling Prevalence Survey, completed by ICM Research and covering the year period to end March 2012. Key findings in the report include: All gambling participation (including by remote means (mobile, online and interactive television) • Over the year to March 2012 (that is, an average of figures …

Read now

Newbie gambler hits a GBP 600 000 jackpot

4 May 2012

M. Crocker, a UK player who had only been playing the slots at bet365.com for a week, hit the big time with a win that most punters only dream about last week, collecting GBP 609,320 in a massive progressive jackpot hit on Leprechaun’s Luck. Casino management reports that the lucky player initially joined the site …

Read now

Bwin.Party steady despite integration challenges

4 May 2012

Europe’s biggest online gambling group, Bwin.Party digital entertainment reported a modest financial performance for 2011 in its annual report released Friday, achieving its targets despite the challenges of integrating two major businesses in a tough and dynamic business and economic environment. Joint CEOs Norbert Teufelberger and Jim Ryan reported that the group’s operating performance in …

Read now

Lottomatica goes live in Italy with Evolution

3 May 2012

Live dealer gaming provider Evolution Gaming has launched its online Live Casino service for Lottomatica into the Italian gaming market. Evolution’s AAMS approved Live Casino offering will enable Lottomatica to add real-time online casino table games to its lottery, instant win, VLT and sports betting operations in Italy. Three dedicated Lottomatica tables now offer a …

Read now

Brand new online game releases

3 May 2012

World Match (WM) released its latest online 3D multi-line slot titled “Into the Woods”. This 5-reel game features two squirrels named Winny and Daysy who lead the player through an enchanted forest in search of treasure and features a bonus game that entails the player choosing one of six hazel nuts to reveal a prize, …

Read now

EveryMatrix signs Smartlive Gaming

3 May 2012

EveryMatrix will augment its white-label offering with live casino games from SmartLive Gaming in a deal announced this week. SmartLive Casino games will be integrated into the GamMatrix gaming management platform joining those from Visionary iGaming and Xpro Live. “This further adds to our portfolio of 3rd party products that can be offered to our …

Read now

32Red board change

3 May 2012

Online gambling firm 32Red’s IT Director Graham Campbell has stepped down from the Board with immediate effect but will remain with the Company on a consultancy basis. A company spokesperson commented: “The Board of 32Red wishes to thank Graham for his significant contribution to the development of the business since 2002 and wishes him the …

Read now

Online operations boost Caesars results

3 May 2012

Las Vegas gambling group Caesars Entertainment is the latest mainly land gambling operator to discover that online gambling is useful generator of revenues, especially when overall group returns are looking rather mediocre. Caesars Q1-2012 results released this week showed a net increase in revenues of 4.3 percent to $2.27 billion…but the group’s net loss still …

Read now

First Schleswig-Holstein sportsbetting lincences awarded

3 May 2012

The Northernmost of the sixteen states of Germany, Schleswig-Holstein, has awarded the first three new online sports betting licences to operators in the State’s newly opened online gambling market for a period of six years. Recipient’s myBet.de (JAXX), Betfair.de and NordWest Lotto (State Lottery) are expected to be followed by others with Interior Minister Klaus …

Read now

Online activities at WMS perform well

3 May 2012

Chicago-based gambling equipment and content provider WMS had a less than impressive set of Q3 results this week, but it did illustrate that the company’s move into the online environment through Jackpot Party Casino was a smart alternative revenue generator. Overall, group net income fell 9 percent to $22.1 million on revenues that were down …

Read now

New Hill Billy themed slot from Rival Gaming

3 May 2012

The majority of slot fans today are probably unfamiliar with the old television series “The Beverley Hill Billies”, but there are echoes of this famous comedy program in the latest internet slot release from Rival Gaming, which transports players to the Appalachian mountains, the home of the moonshiners for which the area was notorious. Moonshiner’s …

Read now

Aussie Government has gambling in its sights

3 May 2012

The Australian federal government of Julia Gillard is to push ahead with plans to clamp down on gambling Downunder, and will tackle several issues in the winter session of parliament, which commences next week reports the Brisbane Times. On the agenda is a proposal to boost the Australian Communications and Media Authority (ACMA) by empowering …

Read now

Online gambling opponent cleared of wrongdoing

3 May 2012

This week an old story resurfaced with the news that US Representative Spencer Bachus of Alabama, an arch anti-online gambling politician in Congress, has been completely exonerated on charges of abusing insider political knowledge. The Republican politician was the subject of an investigation by the Office of Congressional Ethics into allegations arising from a television …

Read now

Amaya Gaming extends Cryptologic offer again

3 May 2012

Amaya Gaming appear to be battling to persuade all Cryptologic shareholders to sell their shares following a release this week announcing a further extension. The latest development extends the offer to May 16, 2012 and Amaya Gaming now holds control of 12,188,883 Cryptologic shares representing approximately 88.15 per cent of the issued share capital of …

Read now

Impressive social casino stats

3 May 2012

Venture Beat reports some exciting social casino gaming statistics derived from a report released by Kontagent, a San Francisco-based user analytics platform. According to the report, the use of casino-style games on social networking site Facebook is up 60 percent over 2011 and 13 percent of all players on Facebook are social casino game players, …

Read now

Svenska Spel sets targets

3 May 2012

Swedish gaming monopoly Svenska Spel has committed to a financial goal for the first time in its history with a target set to achieve an operating margin of at least 22 percent over its fiscal business cycle. “I think it is encouraging that we now have a financial goal to steer the company towards. Operating …

Read now

Will UK gambling ministry be chopped?

2 May 2012

Rumours that the UK government’s Department of Culture, Media and Sport, which oversees the activities of the UK Gambling Commission, is to be closed have been denied by a department spokesman this week. Giving voice to the rumours recently, the publication Intergame reported that possible homes for the Gambling Commission should the DCMS be disbanded …

Read now

Facebook to go public on May 18

2 May 2012

The Wall Street Journal reports that the social networking giant Facebook will go public on 18 May, describing the upcoming IPO as “one of the most highly anticipated tech initial public offerings since Google went public in August 2004.” Company officials, possibly including founder-owner Mark Zuckerberg, are set to start the investor roadshow next Monday, …

Read now