Schleswig Holstein, the breakaway German province that refuses to align itself with other monopoly-minded German states and is going it alone with a European Commission-approved set of online gambling regulations, should prove a major attraction for EU operators wishing to legally access the lucrative German market…and the northern German province could be the domino that …
Times may be hard, but Paddy Power appears to be weathering them rather well, according to a report in the Irish Examiner newspaper this week. Quoting the online and land gambling group’s chief executive, Patrick Kennedy, the newspaper reported that he expects the firm’s British online betting business to grow faster than competitors in an …
The enforcement arm of the European Union, the European Commission, approved Tuesday the new Danish online gambling taxes drafted as part of a law liberalising gambling. The Commission said in a statement that following an in-depth investigation it had found that the law lifting some restrictions on gambling in Denmark, which also allowed for lower …
The Spanish government has started the ball rolling on its privatisation of up to 30 percent of national lottery Sociedad Estatal de Loterias y Apuestas del Estado SA, which it hopes to sell off in order to raise around Euros 6 to 9 billion. The lottery is expected to set an indicative price range for …
Online sportsbook technology provider Offsidegaming, has announced the immediate appointment of Konstantinos Stranomitis as Trading Director, a senior management post. “With ten years of online gaming experience, Stranomitis has proven expertise as a top level Trading Director having previously held similar roles at Expekt.com/Mangas Gaming Group,” a company spokesman said this week. Offside Gaming’s Matt …
Topping a large selection of gambling-related domain names on the website of the German domain vendor Sedo GmBh this week are desirable titles like Casino.net, Poker.net and Sports.net, which marketing manager for the company, Dave Thomas, describes as “a rare opportunity” for operators and turnkey suppliers in the industry. Thomas should know – earlier this …
Sporting Solutions, the B2B fixed odds in-play trading and pricing division of the Sporting Index Group, has announced that it has signed GoldBet and Betinternet.com to its service. GoldBet, based in Innsbruck, Austria, will be taking fixed odds in-play prices on 12 sports, including American Football (NFL and NCAA), handball, football and snooker, having already …
On June 23, 2011, the UK internet gambling group Sportingbet plc received an approach regarding a possible offer for the company from Ladbrokes plc and since then discussions between the two parties have been taking place. This week the duo announced to the stock exchange that they were still in discussions, and that a further …
Australian publicly listed interactive television gambling provider Two Way was granted a trading halt by the ASX Monday pending a key capital raising announcement. The company, which developed its television wagering service in collaboration with Tabcorp Holdings and Foxtel has not yet indicated where the funds will be allocated, but it has recently made major …
Amaya Gaming’s acquisition of Canadian internet gambling software developer Chartwell Technology seems to have injected a fresh and aggressive marketing element in the company. Chartwell will be exhibiting at the EiG conference and expo in Milan this week, and has created a marketing vid that not only showcases its range of games, but will certainly …
French online gaming operator France-Pari has been awarded an online horse race betting licence by the country’s regulatory body ARJEL. The company announced its intention in May 2011 to apply for an additional licence to expand and complement its existing offering . France-Pari has been licenced to offer pari-mutual and complex online horse race betting …
The Cheltenham Racecourse will rename The Cheltenham Gold Cup event “The Betfred Cheltenham Gold Cup 2012” as part of UK bookmaker Betfred’s acquisition of the Tote. The Cheltenham Gold Cup, a National Hunt chase in the United Kingdom, is widely regarded as the most prestigious of all National Hunt events by the horse racing fraternity. …
Latvia’s unlicenced online gambling market was worth Euro 17.4 million in 2010 according to a spokesman from the Latvian Gaming Business Association (LGBA). According to The Vostok Report, in an interview with business information service provider Nozare.lv, Arnis Marcinkēvičs from the LGBA disclosed the statistical data for payments made to online gambling sites by the …
Bookmaker Ladbrokes has entered into a games supply agreement with slot games developer Blueprint Gaming, and Ash Gaming, games developer to the betting and gambling sector. Under the terms of the agreement, Blueprint Gaming and Ash Gaming will supply games to Ladbrokes’ betting and gaming website ladbrokes.com. The agreements will offer both parties revenue growth …
Online gaming firm Betclic Everest has announced the departure of Nicolas Béraud as chief executive officer of the group effective end September 2011. Béraud has reportedly accepted Betclic Everest’s invitation to join its board of directors according to an iGaming France report. Béraud’s replacement has been named as Ignacio Martos (53), filling the position effective …
The South Australian land gambling giant owned by the Packer family, Crown Casino, appears to be heading toward the United Kingdom with online gambling operator ambitions, judging by trade mark filings at http://www.ipo.gov.uk/types/tm/t-os/t-tmj/journals/6900/domestic/2581087.html and approaches to Brit companies with which it may come into trade mark conflict. The filing applies for trade mark protection in …
Victoria, the southern and second most populous state in Australia, has launched an anti-online gambling advertising campaign tackling the issue of online sports betting head on. Using the base-line “Online gambling. It’s easy to bet, too easy to lose,” the campaign cautions how money, careers and relationships can be jeopardised from excessive online gambling. The …
Swedish online casino group Mr Green has announced the immediate appointment of Lars Olafsson as chief technical officer. Olofsson’s impressive resume includes 15 years as CTO responsible for IT issues in the management team for the Svenska Spel and Tipstjanst, although more recently he has been involved in several online bingo start-ups. “Lars Olofsson will …
Four men were named in a State Attorney’s Office indictment filed with the Rishon Lezion Magistrate’s Court in Israel Wednesday, alleging that the defendants helped to organise gambling, money laundering and tax evasion. Yoel Azari, Yair Azari, Meir Mizrachi and Golan Shaul stand accused of distributing prepaid gambling cards worth around US$15 million for international …
Online betting exchange Betfair announced that its “Cash Out” trading tool has been utilised for the millionth time. The feature available on football and tennis markets, was introduced in February and automatically calculates how much profit a customer can bank at any given time, allowing the punter to react quickly and profitably as the action …
Paul Bittar (41) has been appointed Chief Executive of the British Horseracing Authority (BHA), the governing and regulatory authority for British Racing. Bittar takes over from Chris Brand who has filled the position in a temporary capacity since the departure of Nic Coward in March 2011. Bittar joins BHA from his current position as Chief …
Pari-Mutuel Urbain (PMU) has announced the appointment of Chloé Beauvallet in the newly created position of Customer Services Director. The position has been created with the intention of increasing PMU’s focus on customers and customer-related issues. Beauvallet previously held various positions at French broadcaster CANAL+, where she had been employed since 2000. Michael Oddos, Head …
Following Parlay Games’ announcement on the completion of the sale of the majority of its assets to M Projects Assets S.A. (MProjects) earlier this month , the company has launched numerous new customers in North America, Europe and the United Kingdom on completion of its restructuring. The company intends re-focusing on business growth and online …
Betfair continued its extraordinary bad run in losing senior executives this week with the news of the resignation of its Australian chief executive officer, Andrew Twaits for undisclosed reasons. Twaits will relinquish his position in February 2012 giving the company time to continue its search for two replacements now following the resignation of Global chief …