Gambling news - page 1142

Amaya clinches 20-year exclusive gaming contract

7 Sep 2011

Canadian gaming provider Amaya Gaming Group has been awarded a 20-year exclusive contract with the National Lottery of Moldova in the Republic of Moldova to provide a complete range of gaming solutions. Amaya will implement and support national gaming programmes including; lottery, video lottery terminals, sports betting and digital gaming, potentially earning the company $20 …

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Political wrangling in Dutch gambling expansion

7 Sep 2011

Dutch MP’s have threatened to block proposed legislation for gambling expansion in the Netherlands unless Deputy Justice Minister Fred Teeven takes decisive and proactive action to combat gambling addiction. Political parties Green Left, the Christian Union, the Socialist Party and the Labour Party are critical of Teeven’s plan to lift restrictions on the gambling market, …

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Bwin adds UK and Irish horse racing to offering

7 Sep 2011

Online gaming company bwin has expanded its horse racing line-up by adding sixty UK and twenty-five Irish race tracks to its offering equating to an additional 13 300 races per year. The company’s horse racing offering launched in October 2010 will now include classic events such as Royal Ascot, the Grand National and the Cheltenham …

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Betfair bets on more relaxed Facebook rules

7 Sep 2011

The publication New Media Age reports that internet gambling group Betfair will increase spend on Facebook activity following a relaxation of the social media site’s rules on gambling brands. Betfair has said it plans to boost spend as it increasingly uses the site to engage with its relevant demographics. Previously, brands were limited to four …

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Washington DC internet gambling in danger

7 Sep 2011

Threats by Washington DC councilman Jack Evans to rein in the District’s legalisation of online gambling came closer this week when Evans wrote to the city’s Office of the Inspector General requesting that he include the online gambling law in his investigation into questionable lottery practices in the District. The Washington Examiner reports that Evans …

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Megafortune tops Euro 10 million

7 Sep 2011

When the jackpot on Net Entertainment’s progressive slot Megafortune is hit, some lucky online player will become an instant multi-millionaire; in just a week the jackpot has grown from Euro 9 037 200 to more than Euro 10 million…and counting. The previous record for an internet casino jackpot was broken in May 2009, when River …

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Pressure mounts for lower French internet gambling tax

7 Sep 2011

Pressure is mounting for a revision of the tough French taxation regime applied to online gambling, with the relatively new action group AFJEL joining calls for a more realistic approach. High tax is one of the main objections voiced by operators considering an application for a French licence. The 8.5 percent tax on turnover (ie …

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No surprises in Betfair´s first quarter

6 Sep 2011

The UK online gambling group Betfair plc has reported an expected 7 percent drop in first-quarter revenue, with Q2-2012 nevertheless starting well. “Trading has been encouraging in the second quarter, including a good start to the football season,” the company said in a statement Tuesday. Core revenue – sales from the group’s betting exchange plus …

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Beware online cash swapping

6 Sep 2011

Management at 888poker has warned online players to be on their guard against fraudsters operating a cash swap scam through the popular online poker forums. “Certain individuals are approaching poker members via forums, and requesting a swap of funds via money transfer. The individual may offer a high amount of funds into your poker account, …

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Irish lottery may be privatised

6 Sep 2011

Irish broadcaster RTE reports that the Irish state’s lottery is on a list of assets that could be sold by the debt-burdened government. Last year the company, which employs 100 people, raised Euro 770 million from the sales of lottery tickets and other products, awarding Euro 420 million in prize money after deducting admin costs …

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Betfair targeted on World Hackers Day

6 Sep 2011

Internet visitors to high profile websites The Telegraph, Acer, National Geographic, The Register, UPS, Vodaphone and online betting exchange Betfair were re-routed to an unexpected destination last evening (Sunday) for approximately three hours when Domain Name System (DNS) service provider’s Netnames and Ascio were targeted by hackers calling themselves “TurkGuvenligi”. TurkGuvenligi, who have claimed credit …

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Popular land slot converted to online

5 Sep 2011

WMS Gaming Inc. has converted and released online another of its popular land-based slots titled “Black Knight”. “Black Knight” is a 5-reel, 30-payline G+ slot game available exclusively through the company’s operational website Jackpot Party to UK-based players. Themed around a knight’s quest to fight for the glory of his Kingdom, win riches and honor …

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Parlay Entertainment completes asset sale

5 Sep 2011

Online gaming technology developer Parlay Entertainment announced that it has completed the sale of a majority of Parlay’s assets to M Projects Assets S.A. (MProjects). Parlay Entertainment revealed that MProjects “was the original stalking horse bidder and the lending party to a previously announced Credit Agreement”. Aggressive sales and marketing failed to generate alternative bids …

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Hong Kong´s Jockey Club headed offshore?

5 Sep 2011

The ability of the Hong Kong Jockey Club to compete against foreign companies is being impacted by heavy taxation, the CEO of the organisation complained over the weekend, intimating that a move into offshore internet betting may have to be considered. Chief executive Winfried Engelbrecht-Bresges told the South China Morning Post that the company may …

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Online gambling a factor in mortage bond negotiations?

5 Sep 2011

Those false cliche “click the mouse and lose your house” beloved of uninformed US politicians may have some application in Ireland, according to the newspaper The Irish Examiner in an article on mortgages over the weekend. The article claims that internet gambling is being used as a reason for declining mortgage applications or restructuring house …

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Hong Kong Jockey Club considers offshore operation

4 Sep 2011

The Hong Kong Jockey Club’s strategy to partake in overseas betting pools is being severely restricted by its Governments taxation rate, pushing the company into reluctantly considering, as a last resort, setting up offshore commingling separate from its local operations, according to a report in the South China Morning Post. Commingling is the practice where …

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World Games Ltd software conforms to AAMS

3 Sep 2011

Malta-licenced online gaming software provider World Match Ltd (WM) has announced that its games now conform to Amministrazione Autonoma dei Monopoli di Stato (AAMS), the Italian regulatory authority’s requirements, enabling Italian operators to easily integrate the company’s games in all .IT websites. WM games recent releases include five game titles: “King Tut’s”, “Polar Adventure”, “The …

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PMU awarded AFNOR certification

2 Sep 2011

The former-French gambling monopoly Pari Mutuel Urbain (PMU) has been certified by Association française de Normalisation (AFNOR), a French national organisation and its International Organisation for standardisation member body that distinguishes exceptional service and provides a guarantee of trust in the country. The NF Service – Customer Relation Centre certification is a guarantee of quality …

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ARJEL awards licence to JOAONLINE

2 Sep 2011

The French online gaming regulatory body ARJEL has awarded France’s third largest casino group JOAGROUPE’s online subsidiary JOAONLINE with approval to operate online horse race betting and online fixed odds sports betting. The company’s online horserace betting licence on the domains joaclub.fr, joa-club.fr and joaonline.fr carries the condition that the company may not offer skill …

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Cryptologic shareholder considers acquisition possibilites

2 Sep 2011

Thousand Hills Limited, a 19.9 percent shareholder in veteran online gambling software developer CryptoLogic Ltd, is considering its options with regard to its stake in the company. An acquisition offer for part of the business and its assets is a possibility said the shareholder according to a Thomson Reuters report. Thousand Hills Ltd believes that …

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Ladbrokes Chinese joint venture selects Openbet

2 Sep 2011

Asia Gaming Technologies (Beijing) Co., Ltd (AGT), a joint venture between bookmaker Ladbrokes and Hong-Kong based lottery services provider AGTech, has launched its first product to the Chinese market in cooperation with the Hunan Sports Lottery. The “Lucky Racing Game”, a sports-themed electronic random number generated lottery game where customers can choose to wager on …

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Revamp of Microgaming block buster

2 Sep 2011

Microgaming has released a revamped version of its successful video slot “The Lord of the Rings: The Fellowship of the Ring”. Building on the success of the original game, the revamped version has added four progressive jackpots, a new character Gollum and enhanced imagery. The game features 243 Ways, Cinematic Spins, four progressive jackpots and …

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Intralot continues DC i-gaming strategy

2 Sep 2011

Despite Washington D.C.’s controversial internet gaming programme being put on hold until public consultations take place, Greek gaming company Intralot is putting its ducks in a row in anticipation of a positive outcome. The Washington Times reports that the company is hiring personnel as part of their online gaming strategy for the city and three …

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Another outstanding month for Macau

1 Sep 2011

Asian gambling mecca, and now the world’s largest land gambling destination, Macau has delivered another outstanding month of revenue, according to reports from the Reuters news agency. The island off the coast of China posted a 57 percent year-on-year rise in gaming revenue for August to 24.77 billion patacas ($3.08 billion) Thursday, the latest indication …

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