Gambling news - page 1145

German Schleswig-Holstein passes online gambling law

14 Sep 2011

In passing its more liberal approach to online gambling Schleswig-Holstein has broken ranks with the other 15 German Lander despite recent talks to try and achieve a unified approach in Germany. The passage today (Wednesday) of the new online gambling legislation, already approved by the European Commission, follows the customary parameters applied throughout Europe such …

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Doubledown doubling up?

14 Sep 2011

Double Down Interactive, a Seattle-based casual games developer of “fun to play” casino experiences on the Internet, is expanding aggressively, according to a company spokesman this week. The company is moving to more spacious headquarters near Seattle’s historic Pioneer Square, transferring its 52 employees, and has room to add up to 100 additional employees in …

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LVS upgrades product

13 Sep 2011

LVS, the sportsbook software provider acquired by the French online and land gambling giant La Française Des Jeux, will be demonstrating new and upgraded features of its Advanced Betting Platform live at EiG in Milan later this month. The new sportsbook and racing platform has an intuitive new content management system, live betting video console …

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Cash strapped Hungary to hike gambling taxes

13 Sep 2011

The Budapest Business Journal reports that the cash-starved Hungarian government is to increase the tax on online gambling and gambling in general from 2012. The intention to levy heavier taxes was announced in a parliamentary committee Tuesday by National Economy Ministry György Matolcsy. Answering a question by a committee member, Matolcsy said the concept for …

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Nevada revenues up 3.7 percent in july

13 Sep 2011

Nevada casinos won $860 million in July, a 3.7 percent gain compared with the same month last year, the Associated Press news agency reported this week. State regulators reported on the latest audited numbers Monday, noting that July 2011 marked the third month of consecutive increases for the industry – a welcome relief after deep, …

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British horse racing levy in new row

13 Sep 2011

Should online betting exchanges be required to make contributions to the Levy Board, which subsidises British horseracing? It’s a question that has caused substantial debate and acrimony in the UK betting industry, and one that is apparently still far from resolution, according to newspaper reports this week. The Guardian reported that the Levy Board decided …

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Comité Consultatif des Jeux adds its voice to French tax reform proposal

13 Sep 2011

The momentum for a more reasonable tax regime in France continued to build this week with the Government-established advisory committee Comité Consultatif des Jeux (CCJ) adding its voice in favour of an online gambling tax based on gross gaming revenue as opposed to the current system. Support from the committee follows closely on submissions to …

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Acquisition or re-brand at GTBets?

12 Sep 2011

The closure of online gambling sites VIP Sportsbook, BetGameDay.com and Nine.com appears to have been the genesis for a new, and US-friendly, internet sportsbook and casino branded GTBets.com. The respected sports betting information site Sports Book Review has given the IGW and Cryptologic-powered site a C rating, noting that it surfaced beginning August when VIP …

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OPAP licensing deal with Greek Government imminent?

11 Sep 2011

The Reuters news agency reported Saturday that Greek gambling company OPAP expects to sign a preliminary agreement before end September on a licensing deal with the Greek government, key for Greece to meeting a state revenue deadline set by international lenders. Greece must raise Euros 1.7 billion in privatisation receipts by the end of this …

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Betfair founder in multi-million pound litigation

11 Sep 2011

One of the founders of internet gambling group Betfair, Mark Davies, is suing his erstwhile legal representatives, alleging that law firm Speechly Bircham cost him millions of pounds when he tried to sell shares in the group. Davies left Betfair in July 2010 but is in dispute with Speechly Bircham over the sale of Betfair …

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Dismal August for Atlantic City

11 Sep 2011

Hurricane Irene blew away an historic chunk of the Atlantic City casinos’ revenue in August, reports Associated Press. The nearly 20 percent decline was the biggest monthly plunge in the 33-year history of the United States’ second-largest gambling centre. The storm forced the city’s 11 casinos in the state of New Jersey to close for …

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Bet24 roulette player wins euro 180 000

10 Sep 2011

A player at the Malta-based online casino and sportsbook Bet24.com won almost Euro 100,000 in cash after only 20 minutes and 13 rounds of play on its Live Casino Roulette game this week, the casino management has announced. Moreover, the UK- resident punter’s good fortune didn’t stop there as he went on to claim an …

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Massachusetts moves on online gambling legalisation

10 Sep 2011

Massachusetts, already in the headlines over controversial legislation expanding its land gambling offers, hit the headlines again late Friday with news that State Representative Dan Winslow has filed an amendment to the Massachusetts gambling legislation to allow for Internet poker. If his proposal is approved and implemented, it could produce a significant revenue source, and …

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Slotland launches Pearls of Atlantis

9 Sep 2011

Slotland online casino has added another new proprietary slot to its portfolio titled “Pearls of Atlantis”. The game is a 5-reel, 9-payline slot featuring a unique bonus round where players can win up to five times the value of a “Treasure Chest Fund”. Symbols in the game include sea monsters, seahorses, mermaids, mermen and a …

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Betsson enters into Valletta Football Club sponsorship

9 Sep 2011

Maltese-based Swedish gaming firm Betsson AB has announced its second football club sponsorship in almost as many weeks. In a two-year sponsorship deal, Betsson’s distinct orange logo will feature prominently on the front of Valletta Football Club player’s shirts. Valletta Football Club is a Maltese football club based in Valletta, the capital city of Malta. …

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Betfair under fire

9 Sep 2011

UK investors organisation, The Association of British Insurers, has set an “amber-top” alert to shareholders in online betting exchange Betfair. The alert pertaining to the company’s long term incentive plan (LTIP) has been set amid concerns that the company’s annual report does not define the targets the company needs to reach before its executives are …

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Genting operates new prize draw website games and Bingo

9 Sep 2011

Digital “play and win” entertainment and multi-channel marketer, Publishers Clearing House (PCH), headquartered in Port Washington, NY, has launched its offering in the United Kingdom at PCHPrizes.co.uk with games and bingo operated by Alderney-licenced Gentingcasino.com. PCH, popular in the U.S., offers cash prizes for free in its prize draw and instant win games offerings. A …

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Bally eyes land casino remote gambling

9 Sep 2011

Online casino games and solutions supplier Bally Technologies Incorporated has indicated its interest in the mobile ‘on premises’ land gambling market by announced the appointment of Aron Ezra to the post of mobile vice-president, and Keith Michel has as mobile technology director. Las Vegas-based Bally is a leading developer of slot, video machine, casino management, …

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Betsafe price rises following achievement of performance targets

9 Sep 2011

Online gambling group Betsafe has boosted its acquisition price in the Betsson deal by meeting important performance targets. After buying the online casino, poker and sportsbetting operator earlier this year for an initial fee of Euro 34 million in cash and shares, Sweden’s Betsson AB has now agreed to pay the former Betsafe owners a …

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Viaden Gaming upgrades product

9 Sep 2011

The Isle of Man office of Belarus online gambling software provider Viaden Gaming has released a new software upgrade featuring advanced functionality alongside improved administration area management usability, casino integration with third-party services and general settings. Some of the over 150 minor improvements include enhanced net revenue reports with additional fields for the online casino …

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Boolabus acquired by Betgenius

9 Sep 2011

Betgenius Ltd, a provider of software solutions to the global sportsbetting industry, has announced the acquisition for an undisclosed consideration of user experience and front-end specialist, Boolabus. Founded in 2008, the Boolabus team of designers and developers have produced a suite of products which increase bookmaker revenues across multiple web, mobile and touchscreen products by …

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Italy´s gambling numbers continue to rise

9 Sep 2011

Reporting on the latest stats from Italian gambling regulator AAMS, the Reuters news agency records that Italy’s total gaming wagers rose 21.45 percent in the first seven months of 2011 to Euros 41.9 billion ($58.9 billion) compared to the same period in 2010. The rise is faster than the 19.33 percent increase seen in the …

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Betfair in novel ad campaign

8 Sep 2011

In New Zealand, where men are men and sheep are pretty, the Rugby World Cup kicks off this week, and online gambling company Betfair is at the heart of the action with its innovative new advertising campaign in support of the English team. The betting company is offering New Zealand farmers a dollar for every …

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Core Gaming acquires Betlow Limited

8 Sep 2011

The Leamington Spa, UK games developer Betlow Limited has been acquired for an undisclosed consideration by the newly formed content development company Core Gaming. Betlow has been trading in the UK since 2008 and is a preferred developer and integrator for several high profile operators including 888 Holdings, Ladbrokes, Bet 365, SportingBet, Bet 24 and …

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