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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
The veteran internet gambling group Sportingbet plc has posted a good start to its new financial year, reporting that trading for the first 19 weeks has been in line with management’s expectations. Sports Net Gaming Revenue was up 9 percent on a like for like basis and total NGR rose an impressive 37 percent, the …
Playtech plc, the internet gambling software developer and turnkey provider, has announced its acquisition of London-based games developer Ash Gaming on the following terms: * Total cash consideration of up to GBP 23 million, comprising initial consideration of GBP 15.5 million and deferred contingent consideration of up to GBP 7.5 million * Strong revenue and …
Social gaming giant Zynga’s forthcoming and keenly anticipated IPO moved forward Thursday with the company pricing its offering at $10 a share – at the top end of analyst’s expectations, according to the New York Times. The offering – the largest for an American Internet company since Google – raised $1 billion, and values the …
One of the online gambling industry’s pioneer software development companies, Cryptologic Limited, may soon become a subsidiary in the burgeoning Amaya Gaming group, which snapped up another internet gambling software firm, Chartwell Technology earlier this year. In a regulatory disclosure Thursday, Cryptologic made the customary cautionary statement that a deal may not be concluded, but …
The Danish Gaming Authority kept to its schedule Thursday, releasing details of licensees who will be positioned to offer Danish players their products when the market is liberalised in January 2012. Among the 38 companies from 55 countries who have successfully applied are Nordic Odds Limited (Nordicbet); Gnuf Limited (Gnuf, Betway etc); Hillside Limited (Bet365); …
Online gambling software developer and provider GTech G2 has signed a six year partnership with Szerencsejatek Zrt, the Hungarian national lottery operator and the largest gambling service provider in Hungary. The lottery has exclusive rights to operate lotto style games, scratch tickets and sports wagering products throughout the country. GTechG2 will provide the lottery with …
After months of debate, fifteen of Germany’s sixteen Lander (provinces or states) gave their approval on Thursday to a controversial new gambling law supposedly aimed at liberalising the heavily monopolised market, but de facto offering limited improvements on the old treaty. The current draft of the law, which has been widely criticised, not least by …
William Hill plc’s very substantial media planning and buying account, worth GBP 15 million, has been awarded to the Aegis Media-owned Vizeum agency, reports Media Week. Vizeum won the business in the face of stiff opposition after a final pitch in compeition with MEC and Ominicom Group’s Manning Gottlieb OMD. “This is an awesome win …
A thirty-five year old man in Norway is probably celebrating an early Christmas after winning Euros 100 000 playing freespins on the slot machine Dead or Alive at online casino Mr Green this week. “I am euphoric over my winnings. This year there will be some really nice presents under the Christmas tree”, said the …