Top UK sports betting site Paddy Power.com appeared to suffer technical hassles Tuesday with a five hour downtime, according to widespread internet reports. The outage impacted betting on the Wimbledon tennis championships and other sporting activities, for which Paddy Power apologised through social networking communications, although the cause of the problem was not detailed. By …
The state of New Jersey’s inexorable progress towards a challenge to the federal Professional and Amateur Sports Protection Act by allowing intrastate sports betting from Atlantic City casinos and state racetracks received a boost this week from the Monmouth Park racetrack company. One of the problems facing state legislators and the administration, which supports the …
The German federal government’s imposition of a new 5 percent turnover tax on sports betting, effective July 1st, has just added another layer of confusion to a regulatory scene already bedevilled by an EU-unfriendly treaty and the uncertainties surrounding which direction breakaway state Schleswig Holstein will take regarding independent licensing and regulation. Federal German lawmakers …
Social and analytics research agency Kontagent and the organisers of the annual EiG conferences, Clarion Gaming, have partnered in a new study of the social gaming phenomenon and its convergence with the online gambling industry. It’s a timely exercise, given the massive publicity the trend has been receiving as growing numbers of companies move into …
IT solutions and software engineering services provider, ComTrade announced Tuesday that it has launched the first Facebook 90 Ball Bingo solution at Bingo Britain on behalf of Palatial Leisure Limited. The solution has been designed with the new player in mind and offers the social player a “play for free” simplified version of 90 Ball …
The Swedish National Audit Office Riksrevisionens has termed the country’s existing gambling framework as inadequate and is calling for a newly-regulated environment that includes an efficient licencing system and mechanisms to counter illegal and unregulated gambling as well as a clear framework on marketing and advertising. The audit declared a growth in gaming volume of …
In a sequel to last week’s shocking revelations that players referred to the Rushmore group were being de-tagged, thus disadvantaging the referrer, the affiliate program C-Planet responded this week to an invitation to give an explanation. In short, the response was enigmatic, asserting only that the program has many happy affiliates, but that the Casinomeister …
Ensuring that nine provincial regulatory authorities hew to the same general legislative guidelines must be akin to herding cats, but that is what the South African National Gambling Board has set out to do with a revamped corporate identity and ambitious plans. Launching the new logo this week, chairwoman Linda De Vries said the board …
According to reports in The Telegraph newspaper over the weekend, the major rival gambling groups William Hill plc and Betfair plc are about to clash in the UK courts in a bid to get the latter’s customers to contribute to the Horse Racing Levy. The Horserace Betting Levy Board ruled last year that punters who …
Football-mad Vietnamese fans bet large amounts of money on the Euro 2012 football tourney currently nearing completion in Ukraine, a police spokesman revealed this week in announcing the successful break up of a major online gambling ring. In a series of police raids, the authorities arrested seven people, seizing six luxury cars, large amounts of …
Launching a slot themed on an event of major international interest – the US presidential elections – is a smart move announced by the online gambling information portal Online-Casinos.com this week. The slot game graphics feature several 2012 presidential candidates including Barack Obama, Mitt Romney, Ron Paul and other Republican hopefuls. Titled “Red, White and …
The respected investment publication Seeking Alpha carried an interesting article over the weekend, examining developments in online gambling in the United States and how these might impact land casino operators. Authored by the Qineqt Team of investment professionals, which includes former hedge fund managers, traders and analysts at top tier firms and investment professionals up …
The Poker Players Alliance has rather cannily organised a “town hall” style poker and political feedback meeting this weekend at the Rio in Las Vegas, where most of poker’s great and the good, and thousands of pokerheads, are currently gathered for the World Series of Poker. The meeting, which is free and open to all …
An interesting article in the Vancouver Sun revealed that the British Columbia Lottery Corporation (BCLC) is looking into providing its PlayNow online betting system as a White Label product. The company is currently in negotiations with Manitoba Lotteries for the use of its PlayNow system which if effected would make Manitoba Lotteries BCLC’s first partnership. …
Malta-licenced developer World Match’s “Monkeys vs Sharks” game has been followed quickly by another release titled “Zen Blade”. The game is themed around the mysterious world of Ninja-warriors and the Japanese martial arts. It features free spins, Wilds and a bonus game where the player gets to spin a “Wheel of Destiny”. “The launch of …
Fortuna Entertainment Group’s Czech subsidiary Fortuna Loterie has entered into a cooperation agreement with E-Invest, who will buy a 10 percent stake in the firm, the proceeds of which will be used to speed up the roll-out of the distribution network and strengthen the management team. Fortuna Loterie operates the numerical games LOTO and SUPERLOTO …
The injunction imposed on Sportingbet Plc’s Spanish business on March 27, 2012 has been cancelled in full by the country’s Commercial Court No. 10. Sportingbet’s Spanish business at miapuesta.es began trading on June 5 following receipt of an egaming licence and the opening of the regulated market.
Perform Group said today (Friday) it had acquired a 51 percent stake in Turkish digital sports company Mackolik Internet Hizmetleri Ticaret A.S. (Mackolik) for a cash consideration of TRY 40.8 million (GBP 14.6 million). The consideration was based on an agreed ten times multiple calculation of the full year audited EBITDA results of the business …
NYX Interactive announced the opening of its Open Gaming System (OGSTM) to a wider audience this week. The product is a hosted casino games service that initially launched with over 75 games from the NextGen Gaming and Sheriff Gaming studios . Previously only clients using the company’s NYX Rapid Platform could utilise the product, however, …
Redbet Gaming Limited has appointed Alexis Wicén as acting Managing Director, Director for Redbet Gaming Ltd and Redbet Malta (hldg) Ltd as well as Key Official to the Lotteries and Gaming Authority (LGA). Wicén joined the Redbet Group in August 2008 and was appointed Chief Operations Officer in December 2011.
Daniel Eremian, the US online sports betting operator recently convicted late last year on illegal offshore gambling business charges has been sentenced to three years imprisonment. But the news media in Massachusetts appeared more interested in his critical comments about his brother-in-law U.S. Rep. John Tierney, made outside the court and alleging that the politician …
Online gambling group Betfair posted its full year results ending April 30 1012 on Friday, highlighting a 15 percent rise in underlying profits from its core businesses and reporting strong current trading helped by the European soccer championships in the Ukraine. Key financial developments included: * Core Betfair revenue growth of 10 percent in H2 …
Antigua and Barbuda prime minister Baldwin Spencer made all the right amicable noises in welcoming a new US ambassador to the Caribbean this week, but took the opportunity to again raise the long-running World Trade Organisation dispute over internet gambling discrimination and the continued lack of a satisfactory solution despite pro-Antigua rulings by the WTO. …
The Italian online gambling industry continued to underperform in May 2012, delivering gross gaming revenues of Euro 57.4 million – down 15 percent on the numbers for the previous (April) month, and well short of the peak in February 2012 of Euro 78.9 million. Breaking the numbers down, online bingo was a weak performer with …