Gambling news - page 1146

Record revenues for 32Red in H1 2001

8 Sep 2011

The London-listed online gambling group 32Red has posted an impressive set of half-year results that includes a record 42 percent growth in revenues compared with H1-2010, and 89 percent on the same half in 2009. Revenues amounting to GBP 11 million were achieved in the six months to end June 2011, boosting the appeal of …

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John Wayne swaggers at Jackpot Party online casino

8 Sep 2011

The Jackpot Party online casino has exclusively launched the latest online slot from parent company WMS Gaming, which captures the true grit of Hollywood past by introducing a theme featuring all-time great John Wayne. With a monumental film career that spanned five decades and more than 175 films, John Wayne was an enduring American icon. …

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Robin Hood in new Net Entertainment slot

8 Sep 2011

The latest online slot from Swedish software developer Net Entertainment, Robin Hood: Shifting Riches features the famous medieval outlaw who took from the rich to give to the poor. In a very 21st century development of the Sherwood Forest legend, the 5 reel 20 pay-line slot features a slew of entertaining features for the player, …

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EU politicians discuss internet gambling regulation

7 Sep 2011

A conference of European Union parliamentarians and industry representatives discussed the controversial question of online gambling regulation this week, examining a thorny problem in which fragmented regulatory approaches have complicated free access to many EU markets, triggering a plethora of court actions by aggrieved companies fighting individual state monopolies and stand-alone regulatory regimes, and European …

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End of the road for Eurobet

7 Sep 2011

Players and affiliates report being contacted this week by Gala Coral group with the sad news that it is closing its Eurobet.com subsidiary, effective the end of September. However, the brand’s dedicated Italian site, Eurobet.it will remain operational. The decision to close the .com site is believed to be linked with legislative changes in its …

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New sportsbook at WinFootball.com from Sports Betting Tech

7 Sep 2011

Betting software provider Sports Betting Tech announced the launch of a new online sportsbook WinFootball.com, this week. Winfootball.com is the International trademark of Win Worldwide Sports GmbH, an Austrian licensed and regulated online betting company that forms part of the Win Worldwide Sports group of companies. Sports Betting Tech will provide WinFootball with a fully …

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Sporting Solutions to provide in-play union service

7 Sep 2011

The Sporting Index Group’s B2B trading and pricing division Sporting Solutions will provide its partners with a comprehensive in-play rugby union service ahead of this year’s Rugby World Cup. The service will provide in-play price updates on all forty-eight Rugby World Cup matches, ranging from simple match odds to the next team to score a …

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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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