Gambling news - page 1098

Social gaming company in new online gaming deal

15 Mar 2012

Rounder Inc., a social gaming company that has been on the periphery of online gambling for some time, has announced that it has signed a licensing agreement for the Invicta Corridor Social Gaming Platform which makes possible the creation of a 3D, user-based, online virtual world that will incorporate social interactions, poker, e-commerce/retail shopping, streaming …

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Matchbook activates new multi-currency platform

15 Mar 2012

The Matchbook online betting exchange appears to have successfully outrun its US exit and former troubled reputation in that market following its acquisition early last year by an unknown group of investors. This week Matchbook’s CEO, Andrew Pantling, announced the release of the company’s new multi-currencu platform, which gives punters the choice of betting in …

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A good year for Playtech

15 Mar 2012

Internet gambling software developer Playtech plc has released its latest full year performance numbers, covering the period to 31 December 2011 and showcasing an impressive year of business activity. Financial highlights of the report include: * Gross income* up 41 percent to Eruo 243.6 million (2010: Euro 173.1 million) * Total revenues up by 46 …

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Bovada shuts out Maryland players

15 Mar 2012

Early reports indicate that Morris Mohawk’s Bovada.lv has shut-out registered players from the U.S. State of Maryland. According to posts on the TwoPlusTwo poker forum, an e-mail from Bovada customer and forum member DanjR reads: “Due to continuing difficulties finding and maintaining acceptable payment options we have been forced to make the difficult decision to …

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Greek lottery tender enters second phase

15 Mar 2012

The Hellenic Republic Asset Development Fund (HRADF) has moved into the second phase of the international tender process in the privatisation of Greece’s national lottery. HRADF has qualified all three initial bidders who submitted an expression of interest.  Candidates are now required to submit binding financial offers for the grant of a concession for the …

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Veikkaus launches Eurojackpot game

15 Mar 2012

Finnish state owned lottery operator Veikkaus is launching the EuroJackpot lottery game with its first draw scheduled for March 23 and a pot up for grabs worth a whopping Euro 10 million. The EuroJackpot game, whose minimum jackpot for each draw will be Euro 10 million, has been launched due to customer demand, a company …

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Novel method to selling a game

15 Mar 2012

ICAP Patent Brokerage is punting the intellectual property rights to a new game designed for the casino environment. The patent portfolio, currently owned by Joseph Scibetta, contains a “new easy-to-learn, easy-to-play wagering game designed for the casino environment across most platforms. The simplified card game is said to provide an attractive wagering environment for both …

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Worldspreads CEO resigns

15 Mar 2012

Following a profit warning on the group’s second half financial year ending 31 March 2012 and the resignation of chief financial officer Niall O’Kelly, WorldSpeads has announced the resignation of chief executive and major shareholder Conor Foley with immediate effect, who is said to be going off to pursue other interests. The Group is hoping …

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Betfair in U.S. naming rights deal

15 Mar 2012

Betfair’s Los Angeles-based subsidiary Betfair US has entered into a five year naming rights deal with the Hollywood Park Racing Association. Under the terms of the deal, Hollywood Park, a thoroughbred race course in Inglewood, California will be renamed “Betfair Hollywood Park” in what is claimed to be the first venue naming rights agreement in …

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Spanish pre-approved licences denied

15 Mar 2012

Following industry rumours that a large number of online gambling companies would be receiving their Spanish licences before Easter this year, the recently appointed Director General of the Spanish regulatory body Ordenación del Juego del Ministerio de Economía y Hacienda, Enrique Alejo González has dampened the optimism in an interview with juegoonline.org. González told sectordeljuego.org …

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Anti-online gambling raids on Georgia internet stores

14 Mar 2012

Police in Decatur, Georgia raided seven long-distance calling card stores alleged by prosecutors to be fronts for illegal Internet gambling cafes, Associated Press reports. James Kokott, owner of Big Dawg Calling Cards, was arrested on racketeering charges arising from a DeKalb County indictment that accuses the store owner and two partners of setting up the …

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Macau headed for new gambling revenue heights in March?

14 Mar 2012

The business publication Forbes reports that gross gaming revenues (GGR) in Macau, the Chinese offshore island gambling mecca, could be on track for an all-time high in March. Channel checks for the first 11 days of March suggest GGR is growing at an impressive 40 percent annual rate, according to Citi.  Revenue has already hit …

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Nuclear fishing slot from Rival software

13 Mar 2012

Some nefarious company has been dumping toxic waste in the ocean and it’s creating bizarrely mutated sea creatures in the latest five-reel, 20 payline online video slot to emerge from the Rival software studios – Nuclear Fishing. Players are invited to live dangerously by taking a virtual underwater dip, where they’ll see all sorts of …

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Sportech in Puerto Rican online gambling deal

13 Mar 2012

Puerto Rico’s Hipodromo Camarero has signed up with the UK-based tote and pool sportsbetting provider Sportech to launch the island’s first online wagering site at Gana Donde Sea.com. Punters at the San Juan-based racetrack will be offered a variety of wagers online including Pool-Pote, where customers place bets starting from as little as 35 cents …

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Swedish social gaming firm buys online games developer

13 Mar 2012

The convergence of mobile gaming and social networking resulted in another commercial deal this week when Swedish gaming firm King.com announced its lock-stock-and- barrel acquisition of Stockholm-based games developer, Fabrication Games. The terms of the deal were not disclosed, but it is understood that Fabrication’s 12 technical employees (the company was founded by Jadestone Mobile …

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32red strengthens board

13 Mar 2012

Online casino operator 32Red Plc has appointed industry veteran David Bowen as a non-executive director to its board with immediate effect. Bowen (60) has spent almost 40 years in the betting and gaming industry and has held senior and board level positions at Ladbrokes. During his tenure with Ladbrokes as Development Director, Bowen had a …

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Illinois considering online lottery ticket sales

13 Mar 2012

Senator Jeff Schoenberg’s SB3497 bill authorising the sale of state lottery tickets over the internet continued to make progress this week, passing the state Senate Executive Committee stage. The State Journal Register reports that the bill could see the state’s Powerball lottery game join others including the multi-state Mega-Millions lottery in an online sales pilot …

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New Jersey referendum on internet gambling not necessary, says expert

12 Mar 2012

Law academic opines that new online gambling bill will not impact the state constitution as lawmakers study the possibilities John B. Wefing, a Seton Hall University Law Professor since 1968, told a New Jersey House of Assembly committee Monday that there was no requirement for lawmakers to submit a new intrastate online gambling legalisation measure …

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Mississippi internet gambling bill killed in committee

12 Mar 2012

The online gambling bill introduced to the Mississippi Legislature barely a month back by Rep. Bobby Moak has failed to make it past the House committee stages and must be considered a non-starter for the present. Moak’s HB 1373, the Mississippi Lawful Internet Gaming Act of 2012 envisioned an intrastate system through which applicants were …

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Ontario outlines six year online gambling plan

12 Mar 2012

Monday’s press conference arranged by Ontario provincial officials to discuss internet gambling attracted a good turnout of media representatives, who heard that the province’s Liberal government has decided to go ahead with ambitious plans for expanded gambling – both online and on land – in a six year plan that could raise Cdn$ 1.3 million …

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SPL club Rangers in dispute with TWL

12 Mar 2012

The Scottish Premier League Club “Rangers” and The Weather Lottery (TWL) will appear before the Glasgow Sheriff’s Court for legal debate this week in a dispute concerning GBP 30 000. Doncaster-basted TWL provided the Rangers with online lottery and betting services in a deal signed in August 2010, to which the football club claims TWL …

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Slotastic player gets good return on investment

12 Mar 2012

A lucky online player with the moniker ‘CleaningLady’ banked just shy of $250 000 following a fantastic winning streak reports the RTG-powered Slotastic online casino. After playing her initial deposit of $65 up to $6 000, Susan S. requested a withdrawal – changed her mind – cancelled the withdrawal and continued playing. A hit on …

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Ontario provincial officials call press conference on internet gambling

12 Mar 2012

Provincial lottery and government officials, including Finance Minister Dwight Duncan and Ontario Lottery and Gaming chairman Paul Godfrey have called a media conference for later today (Monday) to discuss “modernizing lottery and gaming in Ontario.” Ontario has been flirting with the idea of making changes to its current gambling laws in a bid to exact …

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Malaysia planning internet action against online gambling?

12 Mar 2012

Malaysian police have built up a ‘zero tolerance’ reputation when it comes to illegal internet gambling in the country, but they appear to be planning to ratchet enforcement up a gear, according to reports from the Bernama news agency. In collaboration with the Malaysian Communications and Multimedia Commission, the police are reportedly considering a plan …

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