Following the announcement of strong growth in consolidated revenue for its 2011 fiscal year driven by the company’s myBet brand and the intended divestment of its lottery business , JAXX SE will rebrand to myBet Holding SE. Sportsbetting brand myBet contributed 41 percent of 2011’s total consolidated revenue for the group attributable to a sharp …
In an agreement inked this week, Evolution Gaming will provide Live Casino services for Malta-licenced online gaming operator StarGames.com. Under the terms of the deal, Evolution will provide StarGames – operated by Europe Entertainment Limited – with its “white label” service for Live Roulette, Live Blackjack and Live Baccarat. A StarGames spokesperson said: “We wanted …
The UK land and online gambling company Rank Group plc has announced the appointment of the Rt. Hon. Sir Richard Needham (Earl of Kilmorey) to the board as an independent non-executive director with effect from 1 May 2012. Sir Richard, age 70, had a distinguished career in parliament culminating in his time as Britain’s longest …
Horseracing officials in New South Wales were jubilant Thursday when an appeal against the imposition of racing fees by internet bookies Sportsbet and Betfair failed. The internet companies had objected to being taxed on the amount of money they turned over in New South Wales, arguing that instead they should be paying a percentage of …
Players are already talking about a major new slot from Net Entertainment which is scheduled for release in May and features an Asian martial arts theme. With stunning graphics and realistic sound effects, Thunderfist is a 5 reel, 243 Ways to Win internet slot with stacked Wilds, Free Spins with a multiplier of up to …
One of the more interesting nuggets of information to emerge from the post-results press conference with Bwin.Party execs this week was the giant betting group’s strategy for involvement in the burgeoning field of social network gambling. Joint chief exec Norbert Teufelberger told reporters that following initial doubts that the sector would take off, the group …
The major Australian gambling group Tabcorp has welcomed the New South Wales Race Fields decisions handed down this week by the High Court, which ruled in favour of Racing NSW’s and Harness Racing NSW’s race fields fee conditions, imposing a turnover based fee on wagering operators that could impact online companies like Sportsbet and Betfair. …
The acquisition of industry software veteran Cryptologic by the Montreal-based Amaya Gaming may be taking some time, but progress is being made, according to a statement released by the two companies Thursday, which reveals that the offer has been extended again to April 18, and that it is wholly unconditional. Amaya has now advised that …
American entrepreneur Steve Smith, co-founder and CEO of a new social gaming online enterprise branded GrabFan, is confident that he has achieved both US legality and a winning business model with his concept, which he describes as a mobile social sports gaming app that will allow users to create real-time sports predictions using a virtual …
The non-profit, online gambling trade association, Interactive Gaming Council, has urged the Canadian province of Ontario to take a firm decision on the regulation and licensing of online gambling in the interests of legal clarity, enhanced player protection and the generation of tax revenues. In a statement Thursday, the IGC noted that Ontario has a …
The path to sensibly regulated and licensed online gambling in Schleswig Holstein appears to have taken another unexpected turn with the news that licensing of what has been described as “many sports betting and gaming applicants” could be delayed by another three months. The latest hiatus surfaced in an excellent summary of the German situation …
A new survey of the global gambling industry conducted by Global Industry Analysts, Inc. predicts that the land casino market will have grown to $113 billion by 2017, driven mainly by the generation of incremental revenues from upcoming casino gaming facilities and the establishment of new casino gaming centers. A significant portion of this revenue …
A new expert study of online gambling by academics at the universities of Nevada and Hamburg has presented an interesting new perspective on the impact of internet gambling on traditional gambling businesses, suggesting that, contrary to perceptions that it is competitive and deleterious to the latter, online action in fact enhances and expands traditional offline …
Sporting Index Group’s B2B subsidiary Sporting Solutions will increase its coverage of baseball for the 2012 MLB season to 45 matches per week. Sporting Solutions will be providing fixed-odds prices for 25 markets on the baseball games in real time together with updated scores and other match facts. The extended range of markets on offer …
Online casino Mr Green has taken on Microgaming’s Quickfire to augment its already substantive selection of games from NYX Interactive, IGT, Net Entertainment and BetSoft. “We are very impressed with Quickfire and we believe our customers in emerging and existing markets will enjoy playing Microgaming games in the safe and entertaining environment provided by Mr …
Online sports betting provider Interwetten has made its debut in the Italian online gambling market with the immediate launch of interwetten.it following receipt of its AAMS issued licence. The company is backing up its Italian entry with strategic football club sponsorships in an effort to maximise its visibility in the market and has signed partnership …
In a short media statement, the Tatts Group has confirmed completion of its acquisition of TOTE Tasmania for $103 million. Not good news, however, for 30 percent of the TOTE workforce who have reportedly been displaced in the streamlining of the business. Australian Premier Lara Giddings said: “Job losses are always regrettable and I am …
The UK Department for Culture, Media and Sport (DCMS) has detailed how it plans to deliver UK Racing’s half share of the sale of the Horserace Totaliser Board (Tote) bought by bookmaker Betfred for GBP 265 million in June 2011 . UK Racing’s half share of the net proceeds, amounting to GBP 90 million, will …
William Hill plc extended its live dealer offering to Italian players Wednesday, announcing the launch of a more extensive, rich and real gaming experience on its live dealer casino through the addition of Roulette Live and BlackJack Live. The new Live Casino games will join a consolidated online platform made of more than 20 games. …
BetVictor, the new brand representing gambling group Victor Chandler’s internet activity, has engaged advertising appointment agency Oystercatchers in its search for a new home for its well-funded advertising account. According to the publication O2Media, Oystercatchers has set up exploratory meetings next week with suitable candidates capable of handling the Gibraltar-based company’s needs.
Rumours sweeping the industry Wednesday were that 35-year Ladbrokes veteran and head of the betting company’s international business development affairs, Kevin Hopgood is to strike out on his own in the consulting world. A marketing graduate from the University of Portsmouth, Hopgood was a member of the Chartered Institute of Marketing and during his long …
The giant Greek betting firm OPAP has shortlisted software firms GTech, Playtech and Intralot to provide services as part of its plan to expand into online betting, its chief executive revealed Thursday. CEO Yannis Spanoudakis told reporters: “On Internet (betting), we are in the final phase to pick a vendor among three candidates. The aim …
The multi-state Mega Million lottery in the United States moved into record and uncharted territory Thursday as frenzied ticket buying boosted the main prize to an unprecedented $500 million and counting, with the possibility of a further rise before the draw on Friday March 30. This is the largest Mega Millions prize since the game’s …
With neighbours Illinois already involved in an online lottery pilot program, the pressure is on for Indiana’s Hoosier Lottery to develop an internet presence, and officials this week confirmed that an investigation into the possibilities of using the internet for ticket sales has commenced. Al Larsen, spokesperson for the Hoosier Lottery, said that the introduction …