Gambling news - page 1142

Sportsman Media secures Aussie Open rights

30 Sep 2011

The Munich-based sports rights and sports marketing agency The Sportsman Media Group and Tennis Australia have entered into a two-year partnership that will see The Sportsman provide live streaming of The Australian Open to gaming operators for betting and gambling purposes from 2012. Tennis Australia CEO, Steve Wood said: “Tennis Australia is delighted to have …

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October releases from Microgaming

30 Sep 2011

The Isle of Man-based online gambling software provider Microgaming has lined up three new releases across its Viper, Flash and Quickfire platforms for next month (October). Seasonally apt “Lucky Witch” launches for those Halloween lovers looking for some spell-binding action.  A 5-reel, 15-payline video slot that has a Wild multiplier substitute in the main game …

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Interim profits up at GVC Holdings

29 Sep 2011

The Isle of Man-based online gambling group GVC Holdings plc has announced its interim results for the six months ended 30 June 2011. Interim highlights include: *Betboo – rapid growth with Net Gaming Revenue (“NGR”) up 140 percent *7 percent increase in revenue from core Casino Club brand *Group operating profit up 80 percent at …

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Italian gambling numbers keep rising

29 Sep 2011

Italian gambling regulator AAMS has reported on the nation’s 8-month total gaming wagers, which at Euro 48.3 billion are up 23.85 percent. August wagers totaled Euro 6.418 billion. At the previously reported seven month mark, AAMS said that wagers for the year were up by 21.45 percent.

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Spanish lottery IPO shortlived

29 Sep 2011

The Spanish government’s green light for taking its national lottery public was switched to red this week as officials suspended the listing due to weak market conditions. Spain’s Finance Ministry said it postponed the sale of 30 percent of Sociedad Estatal Loterias & Apuestas del Estado SA as market conditions don’t “guarantee revenues that reflect …

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German court rules in favour of betting monopoly

29 Sep 2011

A series of appeals brought by internet gambling companies including bwin.party Digital Entertainment Plc were dealt a blow today with Germany’s Federal Court of Justice upholding a ban that prohibits private-sector companies from operating online gambling websites. Germany’s highest civil court ruled that the prohibition is justified to combat the dangers associated with gambling, reports …

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UK gambling board reappoints commissioner

29 Sep 2011

Peter Teague will continue in his role as commissioner following his reappointment by the Department of Culture, Media and Sports’ (DCMS) to the Gambling Commission Board for a second term. The second term will run for up to four years commencing September 1, 2011.

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Malaysian police report on illicit online gambling

29 Sep 2011

Malaysian state capital Kedah’s chief asst commissioner of CID, Zakaria Ahmad has reported on the ongoing crackdown of illegal online gambling activities in the country according to The Star Online. Ahmad reported that a total of 820 people have been arrested along with the seizure of 4 036 computers in the past nine month period, …

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Bet365 selects Geo Networks

29 Sep 2011

Online gambling operator bet365 has chosen Geo Networks to provide a national optical fibre network to facilitate a superior end-user experience, better handle its network demands, ensure fast, reliable distribution of data and rapid reconciliation of millions of daily transactions. The ten-year deal will see the Geo-managed network deployed between bet365’s key UK data centers …

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New CFO for Gala Coral

29 Sep 2011

UK gambling group Gala Coral has appointed Paul Bowtell to the position of chief financial officer, replacing Gary Hughes who will step down from the role at the end of this month. Hughes who joined Gala Coral in October 2008 has steered the company into “good shape financially” and “will move on to other things”. …

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Czech national lottery and betting firm sold

29 Sep 2011

Submissions from three bidders for the bankrupt Czech national lottery and betting firm Sazka AS has culminated in the sale of the business this week to a joint bid from Czech financial groups PPF AS and KKCG. Bidders for the company had to fork out a 500 million-koruna ($29.3 million) deposit while the main selection …

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Cost of Italian gambling domains rising

28 Sep 2011

Italian online casino domains have increased significantly in value following the expanded regulation of the Italian market in July to include online casino action. Anticipating market regulation, I-Promotions Limited recently acquired the Blackjack.it domain for Euro 65,000, and domains like OnlineCasino.it are currently up for sale at a low six figure price. OnlinePoker.it is also …

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Betfair angers online punters with response to techie glitch

28 Sep 2011

The management at UK online betting group Betfair has made another conroversial decision, the latest in a string of rulings that have angered and alienated many internet punters. The Telegraph newspaper reported Tuesday that more than 10 gamblers who lost out on a GBP16,610 Tote jackpot after Betfair failed to process their wagers in time …

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Net Entertainment confirms mammoth progressive win

27 Sep 2011

Net Entertainment, the developer of the MegaFortune online progressive slot which paid out a record Euro 11.7 million early Saturday morning has confirmed the win by a 20-year-old Norwegian student. The jackpot was the highest in the history of online gaming, and was won at Betsson.com. “It is my pleasure to congratulate yet another multi-millionaire, …

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New top techie for Bodog Europe

27 Sep 2011

Former Centrebet technical executive Stefan Matthews has been appointed Bodog Europe’s chief technical officer, bringing 10 years of management experience to the group. Matthews’ resume includes technology and business development at the Australian betting group Centrebet International, and a spell as md of the B2B training and assessment firm Collage Technologies. Patrik Selin, CEO of …

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Another German breakaway state on gambling issue?

27 Sep 2011

The German state of Schleswig Holstein, which recently broke away from the other 15 German states to run its own EC-approved online gambling regime, could soon be joined by Saxony, according to rampant speculation in the German market this week. The German states are experiencing difficulty in renewing their gambling treaty, which has hitherto proved …

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Hungary online gambling tax proposal

27 Sep 2011

More details have emerged on proposed Hungarian online gambling regulations with a tax amendment proposal submitted to Parliament by the governing Fidesz party, according to local newswire MTI. The amendments are based on a bill authored by Economy Minister György Matolcsy submitted to a parliamentary committee earlier this month . Fidesz party member Antal Rogán, …

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PopCap targets Facebook

27 Sep 2011

Online casino games developer PopCap could be getting ready to launch a series of casino-style games on Facebook, according to GeekWire. New domain purchases, changes to a Facebook page and a recent trademark application for ‘Lucky GemCasino’ by PopCap have been cited by the publication as a possible indicator of a shift to a casino …

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Sports betting centre stage again in New Jersey

27 Sep 2011

Online gambling, and sports betting in particular is again front-and-centre in New Jersey politics as the week starts, with new that the Fairleigh Dickenson University PublicMind poll is about to be updated, a hearing by the Senate State Government and Wagering Committee is about to start, and a consultant is predicting that the state could …

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Malaysian entrepeneur invests in Two Way

26 Sep 2011

Following a trading halt pending a key capital raising announcement by Australian publicly-listed interactive television gambling provider Two Way, the company has welcomed a cornerstone investor by way of Malaysian entrepreneur Gerald Tan. The new investors have agreed to invest up to $2.04 million of expansion capital in the Company which will be used to …

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Mexican lottery signs Neogames

26 Sep 2011

Online gaming software provider NeoGames will provide a selection of online scratchcard and instant win games to the Mexican National Lottery, Lotería Nacional in a supply deal announced this week. The game selection are all fully customised and branded for the Mexican market. Being a new market for Lotería Nacional, NeoGames will share its online …

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Vernons expands offering

26 Sep 2011

Sportech subsidiary Vernons has ventured into online casino, games and poker to expand on its traditional football pools offering. Available via dedicated tabs on the vernons.com website, the new offerings are powered by Playtech, offer full player services and competitive SUB’s. Vernons Online Casino offers table, card, slots, progressive slots, and arcade games from Playtech …

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Scientific Games completes acquisition of Barcrest

26 Sep 2011

Scientific Games Corporation has announced the completion of its acquisition of UK gaming content and machine supplier Barcrest Group Limited. Barcrest, formerly an IGT company, will be integrated into Scientific Games’ wholly owned UK subsidiaries, The Global Draw and Games Media, which supply, operate and service over 29,000 gaming terminals globally. Barcrest had an installed …

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Danish liberalisation creates more competition for Malta

26 Sep 2011

The recent news that a European Commission finding supported lower tax rates for Danish online gambling operators than their land counterparts will open up competition for Malta in the licensing jurisdiction stakes, predicts an article in the Malta Times. However, Danish licensees will be still be paying a 20 percent tax on profits (against the …

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