Gambling news - page 1063

Social gaming casino enters Russian market

8 Aug 2012

Jake Kalpakian, CEO and president of Las Vegas From Home.com Entertainment has announced an agreement through which his company’s social gaming casino Real Vegas Casino will enter the Russian market aboard the social network VK.com. The Russian version of Real Vegas Casino went live this week, allowing users to play casino games and invite friends …

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Internet gambling entrepeneur in new venture

8 Aug 2012

Successful online gambling entrepreneur and ChiliGaming founder, Alex Dreyfus, is using his latest Malta-based venture, Zokay Entertainment to get into the poker ranking sector, buying up the Global Poker Index from the Pinnacle group, which acquired ownership from the ill-fated Federated Sports and Gaming Enterprise and its Epic Poker subsidiary when these companies went to …

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Coral gambling website judged best of usability

8 Aug 2012

The latest QuBit study of major UK bookie websites has been released by e-coinsultancy.com, with the Coral site producing top scores for search and social presence, and website usability. The survey assessed the industry’s top ten sites based on monthly page view statistics from Doubleclick Adplanner, naming 888, William Hill, Betfair, Paddy Power, Ladbrokes, Bet …

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AWP games developer launches freemium website

8 Aug 2012

AWP (amusement with prizes) games developer JPM Interactive has launched a free-to-play website at Playjpm.com to showcase its products and engage with the international online player community. The site will provide a range of popular traditional titles available for players as well as fresh content. “JPMi is a unique content provider. We have a 40 …

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Sportingbet issues trading update

8 Aug 2012

The UK online gambling group Sportingbet plc issued a trading update for its fourth quarter ended July 31 Wednesday, advising that the trends experienced during the previous nine months have continued into the final quarter, and the directors expect the full-year results to be in-line with market forecasts. “Our Australian business continues to perform strongly …

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Tipp24 SE posts Q2-2012 results

8 Aug 2012

German online gambling group Tipp24 SE posted its Q2-2012 results this week, reporting a slight decline in revenues but a rise in pre-tax profits. Highlights of the quarter included: * Revenue of Euro 32.7 million (Euro 35.1 million in previous year) * Earnings Euro 26.5 million (Euro 22.6 million) * Net profit Euro 21.3 million …

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Schleswig-Holstein online gambling stance changing again?

8 Aug 2012

The confusion surrounding the new coalition government of Schleswig-Holstein’s policy on internet gambling appears to grow every time a spokesman for the ruling parties speaks to the media. Since the government took power in the German province earlier this year there have been threats to repeal the liberal regulatory legislation signed into law by the …

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Facebook to offer real money online gambling

7 Aug 2012

Social gaming giant Facebook has taken the plunge into online gambling for real money – but only in the UK at present, and only for punters aged over 18 years, according to a report in Tuesday’s Financial Mail. British users aged 18 and over are being offered the opportunity to play online bingo for cash …

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Anti-gambling bodies make the most of TV program on FOBTs

7 Aug 2012

The screening this week of the Channel 4 ‘Dispatches’ television program on the proliferation of Fixed Odds Betting Terminals in high street betting shops has been seized on by a number of religious publications to punt Gambling Watch UK. Gambling Watch UK is an independent activist group formed to question the present policy of support …

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Five rings good for sports betting

7 Aug 2012

The London Olympics has turned into a bonanza for Brit bookies, it appears, as top betting firms report a surge in action with football, tennis and swimming the most favoured sports. The Guardian newspaper reported Monday that Olympic business has doubled at betting exchange Betfair, while William Hill said a record GBP 30 million will …

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Worldspreads directors may be sued

7 Aug 2012

The repercussions of the spectacular failure of UK internet spreadbetting firm Worldspreads are far from over, according to a report in the Guardian newspaper Monday, which reveals that the company’s former directors could face litigation from the special administrators acting on behalf of creditors. Founded in 2000 and listed on London’s AIM market seven years …

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Major internet sports content site bought for $200 million

7 Aug 2012

Media giant Time Warner Inc’s Turner Broadcasting unit has bought the US sports information website the Bleacher Report to boost its Internet sports presence, which includes websites such as NASCAR.com and NCAA.com. The Federal Trade Commission approved the deal last week. Reuters reports that the terms of the deal were not disclosed, but a source …

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Playtech reports a strong Q2-2012

7 Aug 2012

The publicly listed online gambling software developer and turnkey provider Playtech plc has posted a generally strong set of Q2-2012 results along with a trading update. Key performance indicators for the three months ended June 30 2012 included the highlights: * Gross income up 82 percent to Euro 88.1 million, (Q2-2011: Euro 48.4 million) but …

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Global online gambling continues to grow

7 Aug 2012

The latest Research and Markets study of the global online gambling business shows that growth continues despite the stressful economic climate. The business sustained wins of $33.6 billion in 2011, representing a CAGR (Compound Annual Growth Rate) of 16.8 percent between 2007 and 2011, with the sports betting segment the market’s most lucrative in 2011 …

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Record revenues for 32Red

6 Aug 2012

The Gibraltar-based online gambling group 32Red has announced record-breaking revenues throughout the first half of 2012, its sixth successive 6 month period of record-breaking success. Flagship operation 32Red Casino posted overall revenues of GBP 14.5 million, up 52 percent on the same period last year. Gross win for the 20 days leading up to the …

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Evolution gets Betclic’s Italian live dealer contract

6 Aug 2012

Live dealer online gambling provider Evolution Gaming has announced that its latest customer, the Italian operations of Betclic Everest group, has become operational. The Italian offering is localised, and the deal follows similar arrangements with Betsson and Stravinci. Under the agreement Evolution operates as the exclusive supplier of live casino solutions for all of the …

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Danish online casino chooses Quickfire

6 Aug 2012

The latest internet gambling operator to take Microgaming’s Quickfire gaming suite on board is the Danish company Tivoli A/S, owner of the newly launched Tivoli Casino.dk, which is active in the Danish regulated online gambling market. Tivoli A/S, which also owns the famous Tivoli Gardens in Copenhagen, was the second land-based casino licensee to achieve …

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Betting exchange row over racing levy set to continue

6 Aug 2012

The dispute over whether betting exchange punters should make a contribution to the UK Horserace Betting Levy is far from over despite the findings of a judicial review which concluded on July 20 that it was not necessary for betting exchange players to pay towards the levy. British bookie firm William Hill plc announced Monday …

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Bodog Europe exit list

6 Aug 2012

We have received an response from Bodog.co.uk on our story earlier today on the internet gambling company’s withdrawal from certain European countries. The statement notes that: “The only countries affected are: Armenia, Azerbaijan, Belarus, Bosnia and Herzegovina, Bulgaria, Croatia, Estonia, Hungary, Israel, Kazakhstan, Latvia, Lithuania, Macedonia, Montenegro, Romania, Russian Federation, Serbia, Slovenia, Ukraine, and Uzbekistan. …

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Famous football club launches IPO this week

6 Aug 2012

Spread betting firms are gearing up for some action on the upcoming debut of the world-famous UK football club Manchester United on the New York stock exchange. ETX Capital has already announced that clients will be afforded the opportunity to trade the football club’s shares ahead of this Friday’s launch. Head of trading, Joe Rundle, …

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Bodog becoming more selective in Europe

6 Aug 2012

Reports from Bodog.co.uk players started to surface over the weekend suggesting that the online casino, poker, race and sports book site is becoming more selective in who it will entertain as a player. The players reported receiving email notifications that informed them: “Starting 30 August 2012, Bodog.co.uk will no longer process transactions in your jurisdiction. …

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Massive betting on F.O.B.T.s attacked

5 Aug 2012

Britain’s Daily Mail newspaper appeared to be embarking on another anti-gambling crusade over the weekend, using published financial results from Ladbrokes and William Hill to calculate that Britons could be wagering as much as GBP 46 billion a year on casino games on Fixed Odds Betting Terminals in high street betting shops. The article appears …

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US lobbyists still hard at work

5 Aug 2012

Gambling interests continued to pour dollars into lobbyist firms for a range of gambling-related issues in the second quarter of 2012, according to mandatory filings with Congress. This time around it appears that technology supply companies – either software or testing services – have been especially active, perhaps manoeuvring for position to benefit from any …

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US tribes more realistic on internet gambling

5 Aug 2012

The Washington state newspaper, News Tribune reported on changing US tribal attitudes to online gambling in an article over the weekend that engaged with tribes other than the high profile Morongo, which rose to prominence in California with attempts to corner  the prospective online poker market in that state through land cardroom alliances. The article …

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