Estimates in news reports Friday that the card numbers of over 10 million Visa and Mastercard credit card holders may have been compromised in a security hack at processor Global Payments ( see previous report) may have been exaggerated, the processor claimed late Sunday. “Less than 1,500,000 card numbers may have been exported,” by hackers …
Two more online gambling licenses have been issued in Belgium, giving local punters a wider choice of internet casino and poker action. Golden Palace’s .be site and Win2Day are the latest licensees, having been awarded B+ and A+ licensing respectively. Whilst Golden Palace.com is well known throughout the online gambling industry, it has no relationship …
The $656 million US lottery jackpot on Mega Millions dominated most of the mainstream news media over the weekend, with news stories and articles covering everything from what the winners could do with the bonanza to drawing analogies with the game of golf, to news items like the man who was struck by lightning after …
Keep a close watch on your credit card statements if you hold Visa or Mastercard plastic – MSNBC is reporting that law enforcement officials are investigating what appears to be a massive theft of U.S. consumers’ credit card data. MasterCard and Visa confirmed the theft Friday while the computer security expert who first reported the …
Friday’s gigantic US Mega Millions lottery jackpot – around $640 million at the time of the draw and a world record – has at least one winner, according to early Associated Press reports. Getting in ahead of other Mega Millions states, Maryland lottery officials announced in the early hours of Saturday morning that their state …
Early unconfirmed reports are that Net Entertainment’s big money progressive slot Megafortune delivered another multi-million Euro windfall Friday with an as yet unidentified player at the Betsafe online casino hitting a jackpot worth almost Euro 4 million. Megafortune jackpot trackers report that just short of two and a half months ago this progressive awarded a …
A sophisticated online device reputation tracking software widely used in the online gambling industry was a key factor in hunting down and nailing prolific ID thieves in Washington state recently, according to Portland’s KGW8 News. The Iovation software was able to connect otherwise unrelated identity theft cases together to bust a retail fraud ring that …
Scores of American Mega Millions Lottery ticket holders will be on the edge of their seats as the numbers are drawn for the largest lottery jackpot in world history of $640 million today (Friday). The latest estimate is $100 million higher than yesterday’s (Thursday) after participating State officials assessed the volume of ticket sales… and …
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 …