Online gambling group Betfair has followed up on its threat earlier this year that it would protest against the proposed new German gambling laws, submitting a formal complaint this week to the European Commission. The complaint objects to the draft German “liberalisation” regime on grounds that it continues to advantage and protect German provincial monopolies. …
One of Australia’s most vehement anti-online gambling critics, independent Sen. Nick Xenophon is on the warpath again, claiming that he has received “a flood” of complaints regarding alleged gambling on the massive social gaming network Facebook, through the DoubleDown Casino. The Age newspaper reports that the online casino gets around anti-gambling laws by not allowing …
Exchange betting isn’t yet authorised in California, but a law passed last year will make it legal starting in May 2012, and the British online gambling group Betfair, which pioneered the concept, will be strongly positioned to exploit the new business opportunity through its US subsidiary TVG. Plans are already afoot at Betfair to open …
The trials and tribulations continue in UK horseracing with two British racecourses, Chester and Bangor, splitting from the Racecourse Media Group (RMG) umbrella and withdrawing from commercial negotiations with new Tote owner Betfred. A deal signed by the Tote’s previous management and RMG will expire in March 2012 and renegotiations on commissions, levies and sponsorships …
Between November 2007 and January 2010, a senior employee of UBS Securities defrauded the company of $673,447.47, which he used to gamble on unidentified internet websites, Forbes reports. Shawn Reilly (34) joined the bank in 2004 and was discharged in April this year when his activities were uncovered in a Financial Industry Regulatory Authority investigation …
UK bookmaker William Hill.com has added the title sponsorship of snooker’s UK Championship to its sponsorship portfolio. The nine-day BBC-televised snooker event is the sports’ second biggest ranking event and will be known as the “GBP625 000 Williamhill.com UK Championship,” kicking off this weekend at the Barbican in York. Kristof Fahy, chief marketing officer at …
Nevada race and sports book operator Cantor Gaming will operate the race and sportsbook and offer mobile gaming at the Las Vegas-situated Palms Casino Resort (Palms) in a long-term deal that will begin in the first quarter of 2012. Development of the new race and sports book will comprise its wireless gaming system across the …
After a year of strong growth in Internet gaming, the New York State Racing and Wagering Board voted on Tuesday to extend online streaming of the state’s thoroughbred and harness races for another year, reports the Wall Street Journal. According to the WSJ blog: “The online gambling boom comes after years of decline for New …
According to reports in the Sydney Morning Herald Wednesday, the police have been asked to look into the affairs of the now insolvent and defunct Sports Alive online bookkeeping firm, which operated out of Melbourne. Sports Alive was licensed by the ACT Gambling and Racing Commission, and the regulator requested the assistance of the police …
The industry was alive with speculation Wednesday evening following what appears to have been an indiscreet disclosure from a guest at a Facebook-hosted dinner in London the night before. The nudge and nose-tapping whisper was that the get-together with selected industry execs was of an exploratory nature. It follows reports earlier this year that Facebook …
Among the more interesting industry documents to surface this week was a tender – contract 354480-2011 dated November 11 – from the Danish state gambling monopoly Danske Spil, which is apparently seeking a software platform provider for sports betting operations once market liberalisation and a new regulatory regime is established early next year. Appearing on …
The Danish Gambling Authority (DGA) has notified the European Commission of a change in rules regarding the location of potential licencees’ online gambling systems in the soon-to-be liberalised Danish market. The Authority will now consider applications from potential licensees whose gambling system is located offshore on the proviso that that country’s gambling authority has an …
GigaMedia Limited announced the appointments of Dirk Chen and Casey Tung to its board with immediate effect following weak Q3 result and an undertaking by its chief executive officer to turn the company’s disappointing performance around with a company restructuring programme. Both Chen and Tung have extensive experience in finance and business operations. “Dirk and …
UK-based Gaming Media Group (GMG) has selected systems and games developer Play’n GO to provide its e-gaming platform (EGP) for entry into the newly liberalised Danish online gambling market. Play’n GO’s EGP will comprise a back-office administration kit that will form the foundation of GMG’s new gaming site. Gaming products from various suppliers covering poker, …
Amaya Gaming Group Inc., a Montreal-based online gambling entertainment provider for the regulated gaming industry, has released its financial results for the three and nine month periods ended September 30, 2011, reporting a 171 percent growth in revenues over Q3-2010, largely as a result of its Cdn$ 22.7 million acquisition of software developer Chartwell Technology …
Passing almost unnoticed over a week ago, and published with scant detail, the Danish Gambling Authority and the Isle of Man Gambling Supervision Commission signed a bilateral cooperative and information sharing agreement. It is understood that a similar collaboration has been agreed with the Alderney Gaming Control Commission, and both will be formally implemented once …
The Veteran online gambling group Sportingbet plc posted its unaudited results for the first quarter ended 31 October 2011 this week, showcasing a rise in revenues of 17 percent overall, to GBP 59.9 million. Financial highlights of the results included: * Amounts wagered up 35 percent to GBP 693.7 million (Q1 2010: GBP 513.9 million) …
UK online sports betting firm Bluesquare says Wednesday’s Blue Square Bet Premier fixture between Wrexham and Darlington football teams will break new ground as it introduces the novel marketing idea of a fully interactive televised football match with social media messages discussed live on air. By interacting through social media such as tweets, Facebook or …
The Gibraltar-based Gala Interactive division of the UK gambling group Gala Coral has a new md following the appointment last week of widely experienced Swedish exec Per Widerström, who was formerly with Bwin.party.digital as chief integration officer for the Bwin-Party Gaming merger and group games director. Widerström has in-depth management experience in the industry and …
Online software provider GTechG2 is to provide two new internet gambling sites, Pokerleaders and Spinwinners, with casino and poker gambling software along with a management system through an agreement with Xorti, a French holding company founded in 2009 and in possession of LGA Malta licensing. Pokerleaders is currently awaiting licence approval from French online gaming …
A single spin on the video slot Arabian Nights changed Swedish player Eva’s life this week. Aged 52, the online gambler became an instant multi-millionaire after hitting a Euro 1.9 million jackpot at online casino Mr Green. The win is the largest single payout made by the casino thus far, chief executive Mikael Pawlo revealed. …
JAKTA, a trade association representing the interests of Serbian gaming operators, authorised technicians and producers of slot machines and equipment for games of chance, was in self-congratulatory mode this week following news that the government is to go the regulatory route on internet gambling. The association has lobbied vigorously with the government and the Serbian …
The Kenyan government appears to be moving toward an increase in taxation on gamblers, proposing the introduction of a 20 percent withholding tax on players’ winnings, reports the Daily Nation. It is not at present known how the proposed tax would impact Montreal-based Amaya Gaming, which earlier this year launched Kenya’s first online betting site …
It appears that Washington DC councillor Jack Evans is intent on pressing ahead with political hearings on the city’s controversial legalisation of online gambling despite a generally favourable reaction from the public attending briefing sessions he had insisted be held. Evans, a Democratic Party councillor, holds the chair of the Committee on Finance and Revenue, …