French online gaming operator France-Pari has been awarded an online horse race betting licence by the country’s regulatory body ARJEL. The company announced its intention in May 2011 to apply for an additional licence to expand and complement its existing offering . France-Pari has been licenced to offer pari-mutual and complex online horse race betting …
The Cheltenham Racecourse will rename The Cheltenham Gold Cup event “The Betfred Cheltenham Gold Cup 2012” as part of UK bookmaker Betfred’s acquisition of the Tote. The Cheltenham Gold Cup, a National Hunt chase in the United Kingdom, is widely regarded as the most prestigious of all National Hunt events by the horse racing fraternity. …
Latvia’s unlicenced online gambling market was worth Euro 17.4 million in 2010 according to a spokesman from the Latvian Gaming Business Association (LGBA). According to The Vostok Report, in an interview with business information service provider Nozare.lv, Arnis Marcinkēvičs from the LGBA disclosed the statistical data for payments made to online gambling sites by the …
Bookmaker Ladbrokes has entered into a games supply agreement with slot games developer Blueprint Gaming, and Ash Gaming, games developer to the betting and gambling sector. Under the terms of the agreement, Blueprint Gaming and Ash Gaming will supply games to Ladbrokes’ betting and gaming website ladbrokes.com. The agreements will offer both parties revenue growth …
Online gaming firm Betclic Everest has announced the departure of Nicolas Béraud as chief executive officer of the group effective end September 2011. Béraud has reportedly accepted Betclic Everest’s invitation to join its board of directors according to an iGaming France report. Béraud’s replacement has been named as Ignacio Martos (53), filling the position effective …
The South Australian land gambling giant owned by the Packer family, Crown Casino, appears to be heading toward the United Kingdom with online gambling operator ambitions, judging by trade mark filings at http://www.ipo.gov.uk/types/tm/t-os/t-tmj/journals/6900/domestic/2581087.html and approaches to Brit companies with which it may come into trade mark conflict. The filing applies for trade mark protection in …
Victoria, the southern and second most populous state in Australia, has launched an anti-online gambling advertising campaign tackling the issue of online sports betting head on. Using the base-line “Online gambling. It’s easy to bet, too easy to lose,” the campaign cautions how money, careers and relationships can be jeopardised from excessive online gambling. The …
Swedish online casino group Mr Green has announced the immediate appointment of Lars Olafsson as chief technical officer. Olofsson’s impressive resume includes 15 years as CTO responsible for IT issues in the management team for the Svenska Spel and Tipstjanst, although more recently he has been involved in several online bingo start-ups. “Lars Olofsson will …
Four men were named in a State Attorney’s Office indictment filed with the Rishon Lezion Magistrate’s Court in Israel Wednesday, alleging that the defendants helped to organise gambling, money laundering and tax evasion. Yoel Azari, Yair Azari, Meir Mizrachi and Golan Shaul stand accused of distributing prepaid gambling cards worth around US$15 million for international …
Online betting exchange Betfair announced that its “Cash Out” trading tool has been utilised for the millionth time. The feature available on football and tennis markets, was introduced in February and automatically calculates how much profit a customer can bank at any given time, allowing the punter to react quickly and profitably as the action …
Paul Bittar (41) has been appointed Chief Executive of the British Horseracing Authority (BHA), the governing and regulatory authority for British Racing. Bittar takes over from Chris Brand who has filled the position in a temporary capacity since the departure of Nic Coward in March 2011. Bittar joins BHA from his current position as Chief …
Pari-Mutuel Urbain (PMU) has announced the appointment of Chloé Beauvallet in the newly created position of Customer Services Director. The position has been created with the intention of increasing PMU’s focus on customers and customer-related issues. Beauvallet previously held various positions at French broadcaster CANAL+, where she had been employed since 2000. Michael Oddos, Head …
Following Parlay Games’ announcement on the completion of the sale of the majority of its assets to M Projects Assets S.A. (MProjects) earlier this month , the company has launched numerous new customers in North America, Europe and the United Kingdom on completion of its restructuring. The company intends re-focusing on business growth and online …
Betfair continued its extraordinary bad run in losing senior executives this week with the news of the resignation of its Australian chief executive officer, Andrew Twaits for undisclosed reasons. Twaits will relinquish his position in February 2012 giving the company time to continue its search for two replacements now following the resignation of Global chief …
In passing its more liberal approach to online gambling Schleswig-Holstein has broken ranks with the other 15 German Lander despite recent talks to try and achieve a unified approach in Germany. The passage today (Wednesday) of the new online gambling legislation, already approved by the European Commission, follows the customary parameters applied throughout Europe such …
Double Down Interactive, a Seattle-based casual games developer of “fun to play” casino experiences on the Internet, is expanding aggressively, according to a company spokesman this week. The company is moving to more spacious headquarters near Seattle’s historic Pioneer Square, transferring its 52 employees, and has room to add up to 100 additional employees in …
LVS, the sportsbook software provider acquired by the French online and land gambling giant La Française Des Jeux, will be demonstrating new and upgraded features of its Advanced Betting Platform live at EiG in Milan later this month. The new sportsbook and racing platform has an intuitive new content management system, live betting video console …
The Budapest Business Journal reports that the cash-starved Hungarian government is to increase the tax on online gambling and gambling in general from 2012. The intention to levy heavier taxes was announced in a parliamentary committee Tuesday by National Economy Ministry György Matolcsy. Answering a question by a committee member, Matolcsy said the concept for …
Nevada casinos won $860 million in July, a 3.7 percent gain compared with the same month last year, the Associated Press news agency reported this week. State regulators reported on the latest audited numbers Monday, noting that July 2011 marked the third month of consecutive increases for the industry – a welcome relief after deep, …
Should online betting exchanges be required to make contributions to the Levy Board, which subsidises British horseracing? It’s a question that has caused substantial debate and acrimony in the UK betting industry, and one that is apparently still far from resolution, according to newspaper reports this week. The Guardian reported that the Levy Board decided …
The momentum for a more reasonable tax regime in France continued to build this week with the Government-established advisory committee Comité Consultatif des Jeux (CCJ) adding its voice in favour of an online gambling tax based on gross gaming revenue as opposed to the current system. Support from the committee follows closely on submissions to …
The closure of online gambling sites VIP Sportsbook, BetGameDay.com and Nine.com appears to have been the genesis for a new, and US-friendly, internet sportsbook and casino branded GTBets.com. The respected sports betting information site Sports Book Review has given the IGW and Cryptologic-powered site a C rating, noting that it surfaced beginning August when VIP …
The Reuters news agency reported Saturday that Greek gambling company OPAP expects to sign a preliminary agreement before end September on a licensing deal with the Greek government, key for Greece to meeting a state revenue deadline set by international lenders. Greece must raise Euros 1.7 billion in privatisation receipts by the end of this …
One of the founders of internet gambling group Betfair, Mark Davies, is suing his erstwhile legal representatives, alleging that law firm Speechly Bircham cost him millions of pounds when he tried to sell shares in the group. Davies left Betfair in July 2010 but is in dispute with Speechly Bircham over the sale of Betfair …