Two defendants in a Kansas City Grand Jury investigation dating back to March 2010 have been sentenced for their roles in an illegal internet sports betting enterprise.
Online gambling software developer Playtech plc took home two awards from the recent EGR Awards function in London.
Within weeks of the announcement that 888.com chief executive Gigi Levy has resigned, the online gambling group has been shaken by the news that two more senior managers are on the way out.
According to a report on the Dow Jones newswire service International Game Technology, which has machine manufacturing and online gambling software interests, has made an offer to purchase the Swedish internet gambling company Entraction for SEK700 million (about $115.3 million).
Media Corporation’s heavily discounted sale of the domain Gambling.com last week triggered much industry speculation regarding the buyer, who at the time was not revealed.
A survey of leading e-gaming companies in the Isle of Man estimates that the sector grew by almost 24 percent in 2010 – and is forecast to continue in 2011 with an estimated further 8 percent growth, reports Manx.net.
The Isle of Man-based online gambling group GVC Holdings plc issued a trading update to coincide with its agm on the island this week, reporting that its Latin American-facing Betboo subsidiary is doing particularly well, with net gaming revenues up 138 percent.
The Manilia-based live dealer provider EntwineTech has launched web based Blackjack tables on its live dealer non-download platform.
The Australian operations of Betfair have engaged a new advertising agency to replace M&C Saatchi in Melbourne, naming the AJF Partnership as successor.
The online gambling group Bwin.party Digital has signed up as a sponsor for one of the lesser known sports, and will be backing the Padel Pro Tour circuit for the next three seasons.
Party Casino.com has reported that lucky player Cameeq8 has taken home almost $2 million dollars after hitting the Gold Mega online progressive jackpot.
The reverberations from Black Friday are still being felt across the industry, especially in America, where the legal debacle has spurred many land industry execs into expressing their opinions on legalisation.
Travel website VEGAS.com announced a partnership with TV gaming company, NetplayTV Group this week.
Gambling experts addressing a conference in Las Vegas this week have assured land gambling operators that online casinos have the potential to enhance business at brick-and-mortar properties rather than constituting a competitive threat that could harm business.
The Isle of Man-based online gambling software provider Microgaming cracked two of the top accolades at the EGR magazine b2b awards this week in London, claiming Poker Network of the Year and Innovation in Slots.
The UK online and land gambling group Gala Coral has reportedly secured a corporate debt re-financing agreement worth GBP1.6 billion…a mere ten months after agreeing a restructuring facility.
Uncertainties regarding licensing and taxation in the Spanish online gambling market have apparently persuaded the Asian-facing internet sports betting operator 12Bet.com not to renew its sponsorship deal with Sevilla FC. The sponsorship deal, signed in August 2009 and due for renewal this year, saw 12bet replace 888.com as the club’s main sponsor. A spokesman for …
Telecom Italia and Intralot Italia have signed an agreement which allows players to bet from home via interactive television, using the new Cubovision – a broadband device that allows access to digital terrestrial channels, Internet content and an extensive catalogue of contents on demand. Cubovision presents Italian punters with an interactive facility for betting on …
The Swedish online gambling group Betsson has posted a strong Q1-2011 result, noting that revenues are up 14 percent to $69.52 million. Operating income for the quarter grew by 57 percent year-on-year to reach $21.95 million while pre-tax income came in at $22.08 million, – a rise of over 57 percent when compared to the …
The recent prosecution of online poker sites in the U.S. has again focused attention on the situation in the Czech Republic where the lack of formal online gambling regulations has introduced confusion and debate. Jan Rehola of the department for the state supervision of lotteries at the Czech Ministry of Finance says that the enforceability …
Internet gaming developer, Net Entertainment is set to debut a new innovation in its soon to be released video slot “Frankenstein”. The game will be the first release in a series of games in association with Universal. The classic horror tale of Frankenstein sets the scene in a 5-reel, 20-line video slot with Burning Mill …
The Thai prime minister Abhisit Vejjajiva has given the green light for the Government Lottery Office (GLO) to implement the long-awaited and controversial online version of the national lottery, reports the Bangkok Post business section. It’s a project that has been plagued with halts and starts, political argument and commercial controversy , but in recent …
The run-up to the publication of the European Commission’s Green Paper consultation on the regulation of online gambling produced some interesting statistics. The Commission conducted research that suggested that, out of 14,823 active gambling sites in Europe, more than 85 percent were operating in countries where they did not hold a national licence, highlighting the …
Latest statistics from the Macau authorities show that there has been no slowing down in the Asian land gambling mecca, with revenues growing by 44.6 percent in April 2011 to 20.5 billion patacas ($2.56 billion).