Public Swedish gaming company Cherryföretagen has reported a strong performance in its 2011 results with online showing an impressive 65 percent growth in revenues. Key Performance Highlights during the firm’s fourth quarter include: – Group turnover increased by 35 percent and amounted to SEK 142.4 million (Q4:2010: SEK 105.5 million). – EBITDA amounting to SEK …
The most recent regular state poll in Iowa, which sampled 800 adult Iowan opinions, has again delivered a vote against the introduction of online gambling in the state. Politicians may be angling for legalised online poker (see recent reports) in the state, but the poll sample shows that 69 percent of residents are not in …
Utah Representative Stephen Sandstrom’s bill HB108, which seeks to maintain a total ban on internet gambling in the state, even if there is federal legalisation, was progressed to the Senate Tuesday on a House vote of 61 – 9. Introduced by the Republican politician earlier this year, the bill initially appeared destined for the back …
One of South Africa’s most strongly supported and successful rugby teams, the Blue Bulls of Pretoria, has signed a sponsorship agreement with sports bookie Voltbet to bring online sports betting to Bulls rugby fans. The partnership will enable fans to bet on their favourite teams, players and various scenarios as games unfold live at the …
The directors of Amaya Gaming and Cryptologic have continued to work together on an acquisition offer as announced earlier this month, with Cryptologic directors recommending the deal to shareholders at US$2.535 per share. In a further communication this week the two companies announced that the offer document dated 17 February 2012 setting out, amongst other …
Swedish online gambling software developer and provider Net Entertainment has given advance preview information on its next major online slot due for release in April and titled Demolition Squad. The game features an explosive new element, Demolition Wild that puts players behind the controls of a wrecking ball and ploughs through the reels. When two …
The days of double-digit growth for the British Columbia Lottery Corp. are over, a Crown corporation vice-president told the Kamloops News Daily this week; but the provincial government’s online gambling enterprise Playnow.com is growing briskly and is expected to soar 50 percent year-on-year. Tom Williamson, vice-president of financial and corporate services for the lottery corporation, …
The BBC reports that a new study by the University of Salford and the National Centre for Social Research has found that Asian Brits of a certain age are more susceptible to gambling addiction than their white contemporaries. Nine thousand 11-15 year olds were surveyed in the study, which showed that of the ethnic groups …
Adding to media pressure for a more equitable UK online gambling playing field this week is an article in The Independent newspaper quoting top betting company executives. The British government is currently considering the imposition of a new law requiring offshore internet gambling operators to take out UK licensing and pay UK taxes if they …
Malaysian police were again active late Monday night, raiding five food stores acting as fronts for online gambling operations. A police spokesman revealed that 21 people aged between 20 and 30 years were arrested, and 83 computers and cash were seized.
Online bookmaker Paddy Power is in the hot seat over its latest advert focusing on the upcoming Cheltenham Ladies Day horseracing event. As the ad centres on a series of women, some of which are transgender, a voiceover asks viewers to “spot the stallions from the mares” – providing a running commentary of “man” or …
Finnish state-owned gaming operator Veikkaus has reported record turnover, primarily attributed to strong online growth and lottery in its latest report covering full year 2011. Key Performance Highlights include: – Profit of Euro 514.5 million, up 2.1 percent over 2010. – Net sales up 6.1 percent amounting to Euro 1.793 million – Online growth of …
Turnkey provider CTXM has partnered with Asian online casino operator Bet16 in a deal involving the supply of a full RNG online casino solution. Eighteen Bet16 portals now carry CTXM casino games spanning slots, table and card games, scratchers and fixed odds games. Additionally, the launch of a smartphone/tablet mobile solution is imminent. Bet16’s Live …
Betfair will not be accepting bets on the outcome of the French presidential election next month, according to the information website Political Betting.com. Although Betfair has not given its reasons for the decision, Political Betting surmises it is rooted in the French ban on betting exchanges and a desire to comply with legal requirements in …
Moves by the Illinois state lottery to take the sale of lottery tickets online will be opposed by traditional sellers if they do not receive some benefit, according to the trade body Illinois Retail Merchants Association. Addressing media at a Chicago press conference this week, the Association said that internet sales, now set to begin …
Either by accident or design, the US Congress allowed the first intrastate attempt at online gambling legalisation in Washington DC to pass, but it is unlikely to ignore a second attempt, opines Councillor Michael A. Brown, who pushed the first bill through, only to see it repealed by his fellow councillors earlier this month. Following …
Online gaming software provider Microgaming maintains its pace with a variety of new game releases this month. First up is “Drone Wars”, originating from the Genesis Gaming development studios, a 25-line game with the look and feel of a vintage video game. The game offers players the choice of two ‘missions’ to fight the evil …
The much anticipated underwater adventure-themed “Subtopia” video slot from Net Entertainment has made its debut. This 5-reel, 20-line graphic-rich game takes the player on an exploration down into the depths of uncharted waters in a submarine. With free spins, a multiplier meter, wilds, scatters, quick spin and reel spin suspense this game is sure to …
Compliance testing and auditing services firm NMi has received a testing facility accreditation from Canadian government agency Loto-Québec following an extensive vetting process. “NMi are now in a position to offer certification against the stringent standards and best practice that Loto-Quebec have adopted,” said Dr. Rich Edwards of NMi. “We have extensive experience of the …
Online betting exchange Betfair has become the new sponsor of Irish greyhound race “the Shelbourne 600” in a deal signed with the Irish Greyhound Board (IGB) and Shelbourne Park race course. The race is a leading fixture on the Irish greyhound racing calendar taking place annually in April. Graham Ross, regional manager for Betfair in …
Finland’s Raha-automaattiyhdistys (RAY), a state owned gambling monopoly whose proceeds go to domestic charities and social welfare projects, has released record results for its 2011 financial year. Key performance indicators for the period, included: – Total profits of Euro 410.8 million, Euro 29.1 million over the previous year. – Disbursement of Euro 73.7 million to …
Unibet is reportedly in a bid to secure a new advertising agency to handle its GBP 2 million UK advertising account. The Swedish-owned gambling company has called for pitches, approaching agencies directly according to CampaignLive.
State-owned Swedish gaming operator Svenska Spel has announced a review of its current offerings following its 2011 fiscal report showcasing 5 percent growth in profit over 2010 amounting to $5.0007 billion and a 0.7 percent increase in net gaming revenue. Although delivering respectable growth in terms of profit, the firm’s third highest ever results, Svenska …
A 20-year exclusive contract with the Republic of Moldova announced by the Amaya Gaming Group in September 2011 has come to fruition with the official launch of “Milioane Pentru Moldova”, the country’s first national lottery. The lottery, officially launched on February 15, is based on Short Message Service (SMS) technology. Mobile device users in Moldova …