Gambling news - page 1146

Sazka to be sold via tender process

17 Aug 2011

Josef Cupka, the administrator of the Czech national lottery and betting firm Saska AS, has told Czech news source Aktualne.cz that the embattled company will be put up for sale on a tender basis. Sazka’s creditors committee has agreed on the sale by tender to facilitate a transparent selection process that will reach completion quickly. …

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DCMS to amend info sharing in gambling act

17 Aug 2011

The UK Department for Culture, Media and Sport (DCMS) has announced its intention to amend the UK Gambling Act 2005. The amendments are being undertaken with a view to enabling the Gambling Commission to share information on suspicious betting related activity with the International Olympic Committee (IOC) and other sports bodies. Currently, the Gambling Commission …

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Bet365 announces latest jackpot winner

17 Aug 2011

Online gambling group Bet365 announced its most recent winner who scooped an impressive $277 000 progressive jackpot playing the “Diamond Valley” online slot. The player, “Fredrik J” has been a keen slots player with Bet365 since 2006 and won the progressive jackpot after landing five diamond mountain symbols on his favourite online slot. After running …

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Lad´s Mag internet gambling deal for Plus-Five

17 Aug 2011

The UK-based online gambling white label provider Plus-Five Gaming has launched a new online and mobile casino for the monthly and iconic lads’ magazine Loaded. Aimed at the 16-35 year-old male demographic, Loaded presents the edited highlights of a young man’s interests and aspirations: football, cars, grooming, good looking women and gaming. Adding an online …

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Ladbrokes vet joins Coral as interactive division M.D.

17 Aug 2011

The recent appointment of Andy Hornby as CEO at the Gala Coral group has been followed by another senior management acquisition, with former Ladbrokes exec John O’Reilly hired as managing director of the group’s interactive division, reporting to Hornby. A year ago the highly experienced and well respected O’Reilly departed Ladbrokes as its online operations …

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Net Entertainment launches Kings of Chicago online slot

17 Aug 2011

Microgaming may have done it first, but Net Entertainment’s combination of Texas poker with a standard internet slot machine in its latest new game release is both entertaining and appealing, and ‘Kings of Chicago’ constitutes formidable competition. This new slot follows a slew of top quality offerings from the Swedish online gambling software provider that …

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More support for legalised online gambling

17 Aug 2011

The growing number of media calls for legalised online gambling at state level has been augmented by the New York Observer this week. In an op-ed article, the newspaper asserts that legalising online gambling Is a good bet. “Taxing winnings just might help solve some of the state’s revenue problems. Let the games begin!” the …

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Bipartisan support growing for Problem Gambling bill

16 Aug 2011

The US National Council on Problem Gambling is urging Congress to support a re-launched bill aimed at improving knowledge of, and protection for, problem gamblers. The bill, HR2334 The Comprehensive Problem Gambling Bill of 2011, is a re-launch of a similar measure which did not succeed in the last session of Congress. It was re-launched …

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GVC confirms talks with Sportingbet

16 Aug 2011

The Isle of Man-based online gambling operator GVC Holdings has confirmed media speculation that it is in talks with Sportingbet plc regarding the possible purchase of the latter’s Turkish online gambling operation. In a statement released this week, GVC management advised the market: “The Board of GVC Holdings PLC (AIM:GVC)…..notes the recent press speculation and …

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Former gambling commissioner joins betting company

16 Aug 2011

A man who once put state gambling monopolies on guard and on notice to comply with EU principles has joined the board of directors of the Dublin-based spread-betting company World Spreads. Sixty-one-year-old Charlie McCreevy is the former chief of the European Commission, and during his tenure was widely respected as a relentless enforcer of European …

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Caesars Q2 gambling lobbying tops $800 000

16 Aug 2011

Gary Loveman, the CEO of the giant US land gambling group Caesars Entertainment, has been consistent in recommending the federal legalisation of online gambling in the United States, and the latest lobbying numbers revealed through mandatory disclosure to Congress shows that the company is investing substantial sums in the concept. Caesars Entertainment declared a total …

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Is South African online gambling legalisation closer?

16 Aug 2011

Back in 2009, the online gambling market in South Africa was estimated at Rands 320 million (around GBP 28 million), a number that has likely increased, given the wider availability and lower cost of effective internet connections. But it is a market hobbled by largely ineffective laws prohibiting the pastime, and procrastination by a government …

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Bet365 exits Australian market next week

16 Aug 2011

The popular Bet 365.com online casino, poker and bingo offering in Australia comes to end next week as the company strives to obtain a sports betting licence in the country. Affiliates and players were informed on the withdrawal some time ago, and advised that any funds remaining in accounts by August 22nd would be transferred …

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Betfair inspired by 1990´s chocolate ad

15 Aug 2011

A 1990s Ferrero Rocher chocolate advert based upon a party in a European ambassador’s official residence has become the inspiration for online betting exchange Betfair’s latest marketing effort. Using a play on the famed Ferrero Rocher line “Monsieur, with these Rocher, you’re really spoiling us”, the ad replaces the chocolates with betting balls on a …

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New game releases from NetxtGen

15 Aug 2011

Independent gaming supplier NextGen Gaming’s current releases include two 5-reel, 25-payline slots titled “Hot Hot Volcano” and “The Snake Charmer”. “Hot Hot Volcano”, a graphic-rich slot features colourful lizards, parrots, monkeys, fruit and the characters A, K, Q, J, 10 and 9.  The slot incorporates a bonus feature called the Eruption Feature triggered when three …

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Live dealer provider applies for Alderney certificate

15 Aug 2011

The live dealer technology and gaming supplier Entwine Tech is currently being considered for a Foreign Gaming Associate Certificate following an application to the Alderney Gambling Control Commission submitted in July this year, the jurisdiction reported this week. Entwine Tech, which was founded in 2004, claims to be the largest supplier of live dealer systems …

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New York Times reports on internet gambling

15 Aug 2011

Several publications have lifted an article that appeared over the weekend in the New York Times, examining the internet gambling situation and legalisation attempts in the United States. Written by the knowledgeable and experienced Matt Richtel, the lengthy piece contains no really fresh revelations and is an overview of recent legalisation initiatives at state level. …

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Gambling monopoly assists in undercovering store fraud

15 Aug 2011

The Swedish regional newspaper Sydsvenskan reported on an unusual collaboration which has enabled a local store owner to identify which member of his staff had been plundering the company coffers to splurge on a one year gambling spree. When the Vellinge, Sweden store owner discovered that hundreds of thousands of kronor were missing from his …

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Horse racing feeling the pressure of online competition

15 Aug 2011

A study commissioned by the Jockey Club cites casinos, online poker, and a poor public perception of horse-racing as major factors in the decline of the American horse racing industry, reports the Associated Press news agency. Conducted by the consulting firm McKinsey and Company the results of the survey were presented Sunday during an annual …

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Scratchcard superstar has won millions

13 Aug 2011

The international media this week locked on to the 2010 story of a Texas woman who has repeatedly won millions of dollars on scratch cards from the Texas Lottery. Joan Ginther, a 63-year-old statistician who lives in Las Vegas, has enjoyed four life-changing million dollar wins over the past 18 years, arguably making her the …

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U.S. gambling trade association still lobbying

13 Aug 2011

The American Gaming Association spent $641,621.09 lobbying the federal government in Q2-2011 on issues such as Internet gambling and online poker, a recent Congressional disclosure report shows. The amount is $281,015.61 more than what the trade association for US land casino operators spent in last year’s second quarter and is $66,632.92 more than it spent …

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Modest valuation on prospective sale of OnGame

13 Aug 2011

Following the merger between bwin and Party Gaming, the disposal of the OnGame network has been the subject of much industry speculation. Market Analysts have put a modest valuation on the sale of the poker network according to a report from Dow Jones, this week, due to the shrinking of liquidity on completion of a …

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JAXX delivers HY1 2011 results

13 Aug 2011

German gaming firm JAXX SE is pleased with what the company calls a balanced performance in the release of its first half 2011 results. Key Performance Indicators for first half 2011 include: –  Gross revenue increased by 28 percent to Euro 81.4 million (HY1/2010: Euro 63.7 million). –  JAXX completed the first half-year with a …

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Bet Butler betting service debuts

13 Aug 2011

A UK-licenced betting service Bet Butler.co.uk has launched offering one account access to more than sixty International bookmakers utilising proprietary software. The service claiming to use “leading edge technology – five years in the making”, offers a real-time odds comparison system which it says on average delivers the best odds twenty percent better than the …

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