Gambling news - page 1119

One up for ONEworks

20 Dec 2011

Asian sportsbook software services provider ONEworks has claimed that it is now the first iGaming company to be awarded the Isle of Man Gambling Supervision Commission’s new Network Services Licence. The company will now be able to offer its ONEbook sportbetting platform and associated services around the world after satisfying the jurisdiction’s tough licensing requirements …

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New online slots from Play´n Go

20 Dec 2011

Online gambling software developer Play’n GO has launched two new themed internet slots titled Pearl Lagoon and Enchanted Meadows. Robert Skogh, business development director at Play’n GO said that the releases are part of the company’s strategy to release new games in a steady flow to attract players. Pearl Lagoon is a 5-reel, 20-line undersea …

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Gambling trends in 2012

20 Dec 2011

Spectrum Gaming Group, an independent research and professional services firm serving public and private sector clients worldwide, has listed 21 of the most important trends that the global casino industry should be monitoring in 2012. This is the eighth year in which Spectrum has compiled its remarkably accurate list, addressing ongoing changes in technology, demographics, …

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Pennsylvanian gambling numbers overtake those of Atlantic City for the first time

20 Dec 2011

There was more bad news for the embattled Atlantic City gambling centre this week when neighbouring rival Pennsylvania released its November gambling numbers, for the first time claiming to overtake the New Jersey gambling mecca. Reporting on the story, the Atlantic City Press revealed that for the month of November, Pennsylvania’s 10 gaming halls pulled …

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Good potential in Spanish gambling market

20 Dec 2011

The news of late has been full of reports on Spain’s gambling market liberalisation and the internet companies flocking to obtain Spanish licensing, so the release of MECN’s latest research study focusing on Spain is timely. The study found that 80 percent of large gambling companies intend entering the online sector of the market, recognising …

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Americans 50/50 on legal sports betting in latest poll result

19 Dec 2011

More American’s are moving towards acceptance of legal sportsbetting as a new Fairleigh Dickinson University (FDU) PublicMind Poll found in its latest survey on the subject. A relatively small sample of 855 registered voters nationwide were surveyed in the telephonic poll  from November 29 through December. 5, 2011 with results carrying a +/-3.5 percentage margin …

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Korea battles illegal gambling

19 Dec 2011

The Korean Ministry of Culture, Sports and Tourism’s Games Rating Board has registered a four fold increase to 113 in the number of internet computer games offering illegal gambling during the first six months of 2011 (HY1/2010: 27) as gamblers shift away from video game arcades to online gaming. The report carried in the Korea …

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Playtech placing moves ahead

19 Dec 2011

Playtech’s controversial proposed placing of 46 511 627 ordinary shares in a bid to raise GBP 100 million to finance acquisition opportunities and investments in new ventures has received approval of the resolutions at the company’s general meeting held today. The approval came despite recommendations from leading City analyst Ivor Jones of Numis Securities that …

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The Gusher from WMS Gaming

19 Dec 2011

An oil baron-themed new 5-reel, 30-payline online slot dubbed “The Gusher” from WMS Gaming launched exclusively on its operational site Jackpot Party Casino this month. This feature and graphic-rich game offers a host of features including free spins, credit awards, expanding wilds and is linked to Jackpot Party’s progressive bonus.

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Italian Sisal signs Neogames

19 Dec 2011

Italian gaming operator Sisal SpA will launch Neogames’ soft games offering via a dedicated “Quick Games” tab on sisal.it following a supply deal entered into this week. The soft games offering has been modified and localised to the Italian market in compliance with AAMS regulatory requirements. “We are honored and proud to have been selected …

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Jadestone management buyout finalised

19 Dec 2011

Swedish online gaming developer Jadestone is now 100 percent owned and managed by its current management team following a management buy-out from former parent company, the Åland based gaming operator Paf. Jadestone’s corporate structure including staff, gaming platforms, intellectual properties and other resources currently employed in its development and operation of online casino and multiplayer …

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888 delivers strong trading update

19 Dec 2011

Online gaming provider 888 Holdings PLC released a strong pre-close trading update ahead of its December 31, 2011 year end, this week. Strong trading, especially in its casino and poker arms, will result in the company being significantly ahead of market expectations, a company statement revealed. 888 Holdings is bullish on the company’s prospects in …

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Atlantic City gambler makes a million on a $20 bet

19 Dec 2011

Sunday was a winning day in Atlantic City for a woman gambler who has chosen to remain anonymous; on a poker bet of $20 she took home the one million dollar “Three Card Poker 6 Card” bonus jackpot while playing at Harrah’s Resort. The promotion offers gamblers various cash prizes if they draw a royal …

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Four new commissioners for UK regulator

19 Dec 2011

John Penrose, the UK Minister for Tourism and Heritage, has appointed Robin Dahlberg, Anthony Lilley OBE, Walter Merricks CBE and Dr Graham Sharp as Commissioners on the Board of the Gambling Commission. The appointments all commence on 1 January 2012, for five years in the case of Dahlberg and Merricks, and for four years in …

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Lotto luck for this New Zealand family

18 Dec 2011

In the New Zealand town of Nelson this weekend there is an as yet unidentified family that can hardly believe it’s Christmas good fortune…it has won $8.1 million in a combination of Powerball and ten division one prizes. The grey, rainy weather conditions did nothing to dampen the family’s enthusiasm over the weekend as the …

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Betfred offers to downsize to keep regulators happy

18 Dec 2011

Brit land and online bookmaker Betfred has offered to sell a betting shop in each of the 25 areas where regulators are concerned about competition following the gambling company’s recent takeover of the Tote from the government. Before the Office of Fair Trading can approve the Tote deal, Betfred will have to relinquish the 25 …

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New Jersey sports betting bill delayed

17 Dec 2011

New Jersey senator Ray Lesniak almost accomplished his aim to get a sports betting legalisation bill through both the state Assemby and the Senate this week, but the removal of internet and mobile elements from the bill was sufficient to delay the process until early January. Having made fast progress through legislative committees, the measure …

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CTXM to unveil 4D slots

16 Dec 2011

Online gaming solutions provider CTXM is set to debut a new online slot generation in its new 4D Slots. 4D Slots, with the accompaniment of a pair of 3D glasses, will allow the player to feel as if they are actually playing inside the game, the company promises. The new generation games are ideally suited …

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Remote gambling affects Gala Coral performance

16 Dec 2011

Gala Coral Group has reported encouraging trends carrying through into the start of its 2012 financial year on the back of posting disappointing fourth quarter and full 2011 year results across most divisions, this week. Key Performance Indicators – Full Year ended September 24, 2011 include: –    Turnover of GBP 1,117.0 million, 2 percent below …

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Gigamedia sells interest in T2CN

16 Dec 2011

GigaMedia Limited (GigaMedia) has announced the sale of its 67.087 percent interest in casual gaming firm T2CN Holding Limited (T2CN) to Hornfull Limited for a cash consideration of $ 4 738 588. Hornfull Limited additionally compensated GigaMedia China Limited $ 789 765 in cash for legal fees incurred by GigaMedia in connection with T2CN legal …

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eCOGRA restructures board

16 Dec 2011

Following a management buyout of eCOGRA earlier in the year, the organisation has restructured and streamlined the Board to reflect the Company’s current ownership. As a result of the restructuring Non-Executive Directors Michael Hirst OBE, Bill Galston OBE and Frank Catania will be leaving the Board as of December 31, 2011. The new Board will …

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Perform on the acquisition trail

16 Dec 2011

Digital sports content provider PERFORM announced the acquisitions of WatchandTrade Limited and Global Sports Media B.V. in two separate transactions this week. PERFORM has acquired the remaining 40 percent of WatchandTrade for a GBP 550 000 initial cash consideration with a maximum cash consideration of GBP 5.85 million based on full year EBITDA results of …

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Britain´s most admired companies in gaming sector

16 Dec 2011

Management Today has published the results of its 21st “Britain’s Most Admired Companies” (BMAC) survey where over 200 of the United Kingdom’s largest businesses are ranked by peer and competitor review on a range of topics including: –           Corporate reputation, –           Quality of Management, –           Financial Soundness, –           Quality of Goods & Services, –           Ability …

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Betsson granted Danish licence

16 Dec 2011

Malta-headquartered online gambling firm Betsson’s licence application to operate in Denmark’s newly regulated gaming market has been granted with the award of a 5-year licence from the Danish Gambling Authority, this week. A three-year sponsorship deal between Betsson’s Betsafe.com and the Danish Football Federation, agreed in March this year that hinged on the award of …

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