The sad saga of the failure of the financial spead betting firm Worldspreads took a new turn Monday when the FSA called in the police to probe the collapsed company over alleged financial irregularities that will leave clients millions of pounds out of pocket. UK mainstream and business media took up the story, reporting that …
January’s renewed Hawaiian attempt to get a bill on online gambling legalisation through the state Legislature has faltered and failed, out of time in a busy session. Confirming the failure of the measure, one of its supporters, Rep. Angus L.K. McKelvey, said it may be possible to again introduce the bill at some future stage, …
Maine’s tentative moves toward the 2013 launch of internet lottery ticket sales have encountered some opposition from retail store ticket sellers and the Hollywood Casino Hotel and Raceway. The state legislature’s Veterans and Legal Affairs Committee heard evidence Monday on a bill proposed by Sen. Debra Plowman seeking to introduce online ticket sales by not …
News of the suspension of trading at Worldspreads has been followed by an FSA announcement that the company has been entered into the regulator’s special administration regime after accounting irregularities were discovered. The rumour mill has it that the company failed to segregate clients monies from its own funds. Worldspreads remaining directors said they believed …
For six years online gambler Kay Fearnley (56) got away with stealing a total of over GBP 230,000 from her employers, a marketing and public relations firm in Headingly, Yorkshire. But then the recession made her employers declare her job as an accounts clerk redundant, and her continuous pilfering of company finances was discovered. This …
Internet freedom activists have been quick to protest the recent passage of a Bulgarian law authorising the blocking of unlicensed online gambling websites, according to reports in the publication Novinite The protesters have asked the newly inaugurated Bulgarian President, Rosen Plevneliev, to veto the recent Gambling Act and send it back to the eastern European …
It has not been a good week for Righthaven, the now notorious copyright legal action specialist that pursued many industry companies for alleged copyright infringements, intimidating a significant number of them into settlements with the threat of court proceedings . In the latest in a series of court defeats against companies prepared to fight the …
Online players can look forward to another new slot from gambling software developer Microgaming next (April) month when the 5 reel, 40 pay-line video slot ‘Karate Pig’ is released. This one of those big, multi-featured games at which MGS excels, presented through quality artwork graphics with a definite comical twist. The theme is based on …
It looks as if Quebec will take the lead in Canadian online sports betting following the recent approval of single bet sports wagering by the Canadian parliament. Provincial operator Loto-Quebec announced Friday that Quebecers will be able to play Mise-o-jeu (sports pools) on its Espacejeux.com website with effect from March 26. Press material from Loto-Quebec …
Sen. Ray Lesniak, whose bill aimed at legalising intrastate online gambling in New Jersey stalled in the state legislature Thursday is confident that it will eventually pass, and that online gambling in his state remains a possiblity by September this year. Lesniak revealed Friday that the bill was delayed until Wednesday by amendments to licensing …
Swedish gaming monopoly Svenska Spel has appointed Peter Zäll to the position of performance area manager for Sports and Lotteries, effective April 3, 2012. Zäll (50), who will head up the division that comprises retail, mobile and online offerings, succeeds Mattias Mild Born who has taken an executive position at Oriflame Group. Previously vice president …
Stable lad, Conor Murphy, has won GBP 1 million from a GBP50 accumulator bet placed on five of his employers winning horses who ran at the Cheltenham Festival this week. The Cork-born man placed the accumulator bet in December 2011, on Sprinter Sacre, Simonsig, Bob’s Worth, Riverside Theatre and Finian’s Rainbow to win their respective …
Online Poker room PKR has launched a software update that includes 3D versions of its Caribbean Stud Poker mini-game, a fixed-odds single player Casino Hold’em game and a multi-player extension to its single-player Blackjack game. Leon Walters, chief operating officer of PKR, said, “PKR has always been about making realistic, immersive and engaging games that …
French regulatory body ARJEL’s Chairman, Jean-Francois Vilotte, has called on the European Council responsible for sport to push for international co-operation in protecting integrity in Sport. Vilotte’s visit to Belgrade formed part of the 12th Conference of the European Council of Ministers where he called for the establishment of a harmonised framework in the form …
Online gambling provider Play’n GO will provide web and mobile casino games to Latin American-facing online gaming firm Betmotion in a game supply deal announced this week (Friday). Betmotion operates a range of poker, bingo, casino, sports and financial betting websites in Latin America at betmotion.com, apostouganhou.com, apostogano.com, copacabanapoker.com and partnersonly.com. Play’n GO’s web and …
Following an earlier report this week of the resignation of major shareholder and chief executive Conor Foley, WorldSpreads Group PLC has announced the suspension of its shares from trading on AIM, citing the identification of what it terms as “possible financial irregularities” coming to light as a result of a Group financial review. It’s been …
Players and affiliate marketers across several message boards are still investigating just who is behind the scenes at WGS Technology, a software provider that suddenly popped up late in 2011 with an almost totally uninformative website. The website claimed that this previously unheard of developer had been in the internet gambling business for 14 years, …
David Attenborough, chief executive of the Australian betting group Tabcorp, says that live betting on sports is here to stay, and the federal government in Australia needs to do more to regulate it. Attenborough was speaking to the American Chamber of Commerce in Australia when he made the call Friday, revealing that the federal government …
Lawmakers in the state of Maine will soon consider a bill legalising the sale of state lottery tickets online, which supporters hope will deliver increased revenues and discourage in-state buyers from purchasing tickets from other states. LD 1880 is scheduled for a public hearing next Monday before the Legislature’s Veterans and Legal Affairs Committee, and …
The Bulgarian Focus news agency reports that the eastern European country’s lawmakers have approved an online gambling regulatory measure, and have already started to move on implementing internet blocks on unlicensed operators. The ban will become effective after regulations are finalised by the State Gambling Commission and the approval of the Sofia Regional Court has …
Online gambling industry veteran Las Vegas From Home.com Entertainment Inc. has entered the social gaming scene with the launch on Facebook of Real Vegas Casino. A company spokesman said that LVFH will launch additional games under the Real Vegas Casino brand shortly, coinciding with a specialised marketing campaign. To view the social game application, https://apps.facebook.com/realvegascasino/. …
The Italian betting and gaming service provider Microgame has signed a partnership agreement with Global Betting Exchange, a B2B betting exchange technology provider, to introduce exchange betting to the Italian market. The deal follows the January 16th announcement by Italian authorities that exchange betting will be legalised in Italy later this year. Italian company Betlab …
The Lottomatica Group has filed for Interactive Gaming Service Provider licenses from the Nevada Gaming Control Board. The group has applied for licenses under subsidiaries Spielo International USA, Spielo International Canada, and Spielo International Austria. Each subsidiary has been previously granted gaming licenses from the Nevada Gaming Commission. Other subsidiaries of the Lottomatica Group from …
The UK land and online gambling group Ladbrokes plc has appointed Sky IQ as a specialist partner to enhance its capability in customer analytics, campaign effectiveness, and Customer Relationship Management. Sky IQ’s remit will cover, digital, mobile and retail channels, though it is intended that digital will be a key area of focus. Ladbrokes CEO …