Gambling news - page 1118

Industry reaction to Justice Department about turn on online gambling

25 Dec 2011

The news that the US Department of Justice has reversed its view that the Wire Act 1961 applies to all internet gambling has elicited a variety of immediate reactions from industry and legal observers, mostly carried by the mainstream media. John Pappas, executive director of the Washington-based action body Poker Players Alliance, said: “This is …

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US Justice Department changes stance on online gambling

24 Dec 2011

The Friday before Christmas was an historic day for internet gambling – hot on the heels of Nevada regulators approving internet poker regulations, the US Department of Justice radically changed its long-held and damaging opinion that online gambling in general falls under the provisions of the dated Wire Act 1961. That stubbornly held opinion formed …

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Major hit on JackpotJoy slot

23 Dec 2011

Santa came early for one lucky player identified as Kate H. who landed a staggering GBP 990 685 jackpot win on Jackpotjoy.com’s Wonderland Slot just three days before Christmas. 37-year-old Kate H. from the South West of England is Jackpotjoy’s third biggest winner and Gamesys’ Wonderland slot’s biggest jackpot winner yet. “Our lucky winner took …

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Playsafe sells off operating assets

23 Dec 2011

Norwegian-based online gaming investment company Playsafe Holding AS has refined its strategy to focus entirely on its software business and the development of a B2B delivery platform for online poker operators with the announcement of the sale of its operating assets to Julian International Holdings Ltd, a Seychelloise gaming investment company. Under the terms of …

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New scratch and win releases from World Match

23 Dec 2011

World Match has introduced three new additions to its portfolio by way of online Scratch and Win cards that are similarly themed but offer three different thresholds of maximum payout. The new Far-Eastern themed titles “Dragon of Fortune LO”, “Dragon of Fortune” and “Dragon of Fortune HI” vary in price from Euro 0.10, Euro 1 …

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Cantor Entertainment files for IPO

23 Dec 2011

Nevada-based gaming software developer Cantor Gaming and Wagering parent company, Cantor Entertainment Technology Inc, expects to raise up to $100 million in an initial public offering of common shares filed with U.S. regulators this week. The number and cost of the shares to be offered has not been revealed, however, the company plans on using …

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Spain online gaming licence applications

23 Dec 2011

Spain’s December 14 deadline for online gambling licence applications yielded a total of 62 applications, of which 58 have been accepted for consideration says the Ministry of Economy and Finance. 32 of those are reportedly Spanish-owned companies that include major businesses in the gaming and media sectors who already hold a large presence in the …

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Betfair enters strategic sponsorship

23 Dec 2011

Betfair has entered into a key sponsorship this week with Kiel-Marketing and the City of Kiel as sponsor of Kiel Week 2012 and a new international trimaran racing series called MOD70 European Tour 2012. Kiel Week traditionally began as an annual ship racing championship in the last complete week of each June but has grown …

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Two more sports betting bills for Congress

23 Dec 2011

New Jersey Republican politician Rep. Frank A. LoBiondo appears to be planning additional political actions that will strengthen the tough stance on legalised online sports betting already initiated by state senator Ray Lesniak. According to a statement from his office, Rep. LoBiondo is busy drafting two federal measures designed to either obtain an exemption from …

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Net Entertainment scroes in Danish online gambling market

23 Dec 2011

Net Entertainment, the Swedish online gambling software provider, reports that it has extended its partnerships with major operators for the supply of online casino products suitable for the Danish regulated market, due to commence operations in January next year. Betsson, Unibet, Bet24 and Sportingbet (including Scandicbookmaker and Danbook) have selected Net Entertainment as their local …

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Caesars acquires the remaining 49 percent of Playtika

23 Dec 2011

The acquisition by US land gambling giant Caesars Entertainment of 51 percent of Israeli internet social games developer Playtika in May this year has been followed by the news that the American corporate has snapped up the remaining 49 percent of the company, lifting its internet gaming technical capability. The Israeli business press reported on …

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Washington DC Lottery report on internet gambling ready

23 Dec 2011

The director of the Washington DC Lottery, Buddy Roogow, says that most of the city residents who spoke at the lottery’s nine consultative briefings around the city recently voiced support for the introduction of carefully regulated online gambling. Roogow makes the claim in his report on the information initiative, designed to sample the reactions of …

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Parspro to supply sports betting platform to Cirsa

23 Dec 2011

The Spanish online gambling information site Opergame.com reports that the Icelandic sports betting software developer Parspro has signed an agreement to provide its ppTOTO fully automated sportsbook solution to Spanish gaming operator CIRSA. The platform includes a live betting client and a mobile offering for both pre-match and in-running events. Parspro joins quality software companies …

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More on mysterious new online casino

23 Dec 2011

Our readers will recall the tease marketing campaign last month in which a mysterious new arrival on the online casino, sports betting, poker and live dealer scene was punted, exciting some speculation. This week the new operation was revealed as LuckyVegas77.com, offering live dealer action from the Venice land casino in Malta in addition to …

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Perform signs partnership deal with women´s tennis association

23 Dec 2011

Sports content distributor Perform Group has been awarded a four year deal with the Women’s Tennis Association in which the company will manage and oversee the development of all media rights from the start of 2013 to the end of 2016, excluding the US and Canada The agreement covers the 22 Premier WTA events, including …

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A cool new internet slot from Rival Gaming

23 Dec 2011

The latest internet slot from the Rival Gaming studios – Ice Picks – takes players on a wintry interactive exploration of mysterious caves in a 5 reel, 20 pay-line game with a Treasure Chest worth 9000 coins. The theme in the new game is carried by excellent cascading graphics featuring typically used kit like snow …

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Christmas slot from Topgame

22 Dec 2011

Online gambling software developer Topgame has the timing spot on for its release of the festive season-themed “Merry Bells” online slot this week, featuring carols, snowmen, Christmas trees and other animated elements of the holiday break. Father Christmas’s North Pole home is the Wild in the  5 reel, 25 pay-line game, and additionally delivers the …

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New sponsorship for Betfair

21 Dec 2011

British internet gambling company Betfair has signed a sponsorship agreement for Newbury’s big National Hunt meeting in February, an event featuring Europe’s richest handicap hurdle with prize money boosted to GBP 152,500. The race, formerly known as the Totesport Trophy, will be run as the Betfair Hurdle, as part of a minimum three-year deal. The …

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African arrests in internet lottery scam

21 Dec 2011

One of internet users’ pet hates – fraudulent lottery spamming – was in the headlines in Ghana this week with the arrest of a local woman, Lucinda Aebiola (30), charged with involvement in an online lottery fraud racket. Aebiola’s husband, Emanuel Augustine Nuseb (37) is living in Johannesburg, South Africa, and was arrested on December …

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Zynga´s sluggish IPO assessed

21 Dec 2011

The IPO on Nasdaq last week of social gaming giant Zynga was the subject of analyst assessments Tuesday following the company’s disappointingly slow progress  – it closed almost a dollar down on the $10 listing price Monday. The San Francisco online gaming company, which generates most of its revenue from games on Facebook’s social-networking platform, …

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Contemplating the cloud

21 Dec 2011

If you want to brief up on the Cloud – the internet’s latest buzz word – head over to Earl’s Court and the ICE expo in the third week of January, where gambling equipment supplier and software developer IGT will be featuring the technology on its stand. “Each year, IGT invests approximately $200 million in …

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Tabcorp meets Victoria licensing requirement

21 Dec 2011

In Australia, Tabcorp Wagering has finalised cooperative arrangements with the Victoria racing industry, clearing the way for the finalisation of its licensing agreement with the state’s Wagering and Betting authority. Tabcorp chairman Paula Dwyer said the successful signing of the formal arrangements would allow Tabcorp and the Victorian racing industry to focus on the transition …

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Gala Coral languishes in Q4

20 Dec 2011

Gala Coral, a major land and online gambling group in the UK has released mediocre results for the fourth quarter of its financial year, with turnover declining three percent year-on-year to GBP 249 million excluding the accounting effects associated with the removal of prize bingo. Pre-exceptional earnings before interest, tax, depreciation and amortisation for the …

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Playtech´s Desert Treasure 2 online slot launched

20 Dec 2011

The British land and online betting group Betfred has announced that Playtech’s new 5 reel 20 pay-line internet slot Desert Treasure II has been launched on its bingo website The game is a sequel to the original Desert Treasure, which proved so popular with players that Playtech was prompted to issue a second offering, which …

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